According to TechFlow, on July 31, The Block reported that the Distributed Energy Infrastructure Network (DePIN) project Daylight completed a $9 million Series A financing led by A16z Crypto. The project is committed to building a decentralized energy protocol on the Base blockchain. Co-founder and CEO Jason Badeaux said that this round of financing brings Daylight's total financing to $13 million.

Daylight allows users to connect energy devices and earn rewards through its app. The market currently covers New York, New Jersey and Pennsylvania, and will expand to Texas and California in the future.

According to TechFlow, on July 31, Jupiter co-founder Meow announced on the X platform that Jupiter's goal is to establish an exchange for everything, promote a huge unified market, and help accelerate decentralization. Meow said that JUP is the team's most valuable resource and is committed to ensuring that its integrity is always highly trusted. Therefore, Jupiter formally promises to abide by the following agreements:

1. Regular Community Audits of JUP: Every 6 months, the distribution of JUP to date will be publicly reviewed; 2. 100% Disclosure of Token Sales: If any tokens are released, full disclosure will be made; 3. Advance Notice of Token Releases: If any tokens are released from the reserve for strategic reasons, the release will be carefully managed to be proportional to market liquidity and ensure that these releases are communicated at least 3 months in advance; 4. Financial Transparency: All wallets will be clearly marked so that the use of JUP can be easily tracked; 5. DAO Voting Allocation: All community allocated tokens will be made through DAO voting for full visibility.

According to TechFlow, on July 31, CoinDesk reported that the Bank for International Settlements (BIS) and the Bank of England (BoE) have been able to prove that the balance sheet of stablecoins can be regulated, according to a report released by the Bank for International Settlements (BIS) and the Bank of England (BoE) on Wednesday. Its latest project, Pyxtrial, has developed a prototype data analysis pipeline that can provide regulators with near real-time data on stablecoin liabilities and their supporting assets.

The report points out that this technology is the first step to support regulators to proactively identify stablecoin endorsement issues, which will help to formulate a policy framework based on comprehensive data. Stablecoins are a digital currency that is usually pegged to other assets such as legal tender. The report emphasizes that the stablecoin market is growing rapidly, with a market value of $163.7 billion, but lacks regulatory technology.

According to TechFlow, on July 31, according to official news, Tether released its second quarter report for 2024, showing that profits in the first half of 2024 reached $5.2 billion, a record high, and net operating profit was $1.3 billion. Direct and indirect holdings of U.S. Treasuries exceeded $97.6 billion, ranking 18th, and purchases of 3-month U.S. Treasuries ranked third.

As of June 30, 2024, Tether's consolidated net assets were $11.9 billion, with over $8.3 billion in USDT issued in the second quarter. A portion of profits were reinvested in strategic projects to support the ecosystem, while maintaining $5.3 billion in excess reserves.

According to TechFlow, on July 31, according to Coinmarketcap data, the performance of the top 100 tokens in the cryptocurrency market today is as follows:

Top 100 24-hour gain:

XRP (XRP) rose 5.86%, the current price is $0.6537. Beam (BEAM) rose 5.63%, the current price is $0.01911. Kaspa (KAS) rose 5.55%, the current price is $0.2045. Aave (AAVE) rose 3.27%, the current price is $108.68. Toncoin (TON) rose 2.69%, the current price is $6.83.

Top 100 24-hour decline:

Fantom (FTM) fell 9.02%, the current price is $0.4285 BOOK OF MEME (BOME) fell 7.82%, the current price is $0.01037 AIOZ Network (AIOZ) fell 6.33%, the current price is $0.6012 Ethena (ENA) fell 6.09%, the current price is $0.4099 Theta Network (THETA) fell 6.03%, the current price is $1.41

According to TechFlow, on July 31, according to Spotonchain monitoring, DWF Labs withdrew 117,563 PENDLE (about $424,000) from Binance about 12 minutes ago. In the past 6 days, two institutions including HashKey and DWF Labs have withdrawn PENDLE from Binance.

According to TechFlow, on July 31, The Block reported that crypto trading company Breakout completed a $4.5 million seed round of financing led by RockawayX. Other investors included Mechanism Capital, Round13 Capital, C² Ventures and IOBC Capital.

Alex Miningham, co-founder and CEO of Breakout, revealed that the startup began raising its seed round in February, initially seeking $3 million, received commitments for $6 million, and ultimately closed the round at $4.5 million. Breakout is a valuation-based proprietary trading firm for cryptocurrencies. Miningham said traders can choose between a one-step or two-step valuation option, with account sizes ranging from $5,000 to $100,000.

According to TechFlow, on July 31, Trump posted on social media to launch limited edition sneakers that support Bitcoin or other cryptocurrencies. He said: "Just spoke at the Bitcoin Conference, the effect was great! Get your Bitcoin sneakers now. These are limited editions, each pair is numbered, you can now pay with Bitcoin or your favorite cryptocurrency, have fun - buy them before they sell out!"

According to TechFlow, on July 31, The Block reported that JokeRace, an on-chain competition platform, has completed a $3 million financing round, led by Maven 11 and participated by about 30 angel investors. Developed by a three-person team, JokeRace provides a no-code solution that allows blockchain projects to quickly launch competitions, debates, and hackathons to motivate community participation.

The project started as a social media experiment to determine who could post the funniest jokes. Since its launch last year, JokeRace has been running on more than 90 EVM-compatible chains and has been used by well-known brands such as Polygon, Farcaster, and Bankless. The team plans to use the newly acquired funds to expand marketing and business development, with the goal of achieving product-market fit and improving user experience.

According to TechFlow, on July 31, according to Lookonchain data, 9 Bitcoin ETFs had a net outflow of 26,823 BTC (about US$1.77 billion), of which Grayscale had an outflow of 27,753 BTC (about US$1.84 billion) and currently holds 242,413 BTC (about US$16.03 billion).

The 9 Ethereum ETFs had a net outflow of 15,691 ETH (about US$51.94 million), Grayscale ETHE had an outflow of 63,612 ETH (about US$211 million), and currently holds 2,107,764 ETH (about US$6.98 billion).

According to TechFlow, on July 31, according to Cryptoslate, Bitcoin mining company Riot Platforms has recently stepped up its acquisition of competitor Bitfarms, increasing its holdings by about 10 million shares this month and now holding 15.9% of Bitfarms' shares, worth $159.1 million. The acquisition occurred after the Ontario Capital Markets Court cancelled Bitfarms' initial shareholder rights plan, which would have diluted shares when a single entity held more than 15% of the shares. Riot previously held 14.9% of the shares, and faced with the cancellation of the plan and Bitfarms raising the dilution threshold to 20%, Riot quickly took action to increase its holdings.

Shenzhen TechFlow news, on July 31, according to Cointelegraph, the Aptos Foundation announced the launch of Ondo Finance’s income-based stablecoin Ondo US Dollar Yield (USDY) on the Aptos blockchain. The stablecoin is backed by U.S. Treasury securities and is available to non-U.S. residents through the Aptos blockchain, but it has not yet been registered under U.S. securities laws. The Aptos Foundation noted that USDY has significant advantages in reaching underserved communities and promoting financial democratization.

According to TechFlow, on July 31, Bitcoin Magazine reported that Gary Cardone, co-founder and former CEO of fraud mitigation company Chargeback911 and entrepreneur, donated 12.8 bitcoins to Donald Trump, worth approximately $852,000.

According to TechFlow, Mantle has recently reached a cooperation with the well-known blockchain security company BlockSec. BlockSec's automatic hacker attack blocking platform Phalcon has supported Mantle and will fully protect the security of Mantle's ecosystem, protocols, LPs and other participants.

Different from traditional security solutions, Phalcon's support for Mantle means that Mantle will obtain real-time and accurate attack intelligence from Phalcon. Mantle ecological projects and LPs can also use Phalcon to automatically block attacks to suspend agreements, withdraw funds in a timely manner, and reduce losses to zero.

It is reported that Phalcon has successfully launched more than 20 white hat rescues and saved more than 20 million US dollars of assets through preemptive actions. At the same time, Phalcon also has two built-in support tools, Phalcon Explorer and Phalcon Fork, to provide Mantle with powerful transaction analysis and testing functions.

According to TechFlow, on July 31, The Block reported that the modular DPoS network Elixir launched a "completely decentralized" synthetic dollar deUSD to challenge Ethena's USDe, claiming to have raised $1 billion in liquidity to support the new type of yield token.

deUSD uses stETH as collateral to short Ethereum with a delta-neutral position, ensuring stability and providing additional returns. Elixir also works with Pendle to create a market for its Apothecary program, where users can track their contributions to the network. The project was valued at $800 million before the mainnet launch, an eight-fold increase from last year's financing.

According to TechFlow, on July 31, according to Arkham monitoring, 13 minutes ago, the Grayscale address transferred about 36,850 ETH to the Coinbase Prime address, equivalent to about 123 million US dollars.

According to TechFlow, on July 31, BNB Chain announced that the second round of award-winning projects of the BNB Incubation Alliance was announced during the 2024 Bitcoin Conference. The award-winning projects include Avalon Finance (a liquidity center focusing on BTC LSDFi and CeDeFi loans) and Bedrock (a multi-asset re-pledge protocol). These two projects will be quickly included in BNB Chain's Most Valuable Builder (MVB) program and receive a Launch-as-a-Service (LaaS) kit worth up to $300,000, providing free technical and market support.

According to TechFlow, on July 31, according to Arkham monitoring, 20 minutes ago, the Grayscale address transferred 700 BTC to the Coinbase Prime address, and transferred 921.892 BTC to a new address starting with bc1qcl.

According to TechFlow, on July 31, according to Arkham monitoring, Grayscale transferred 2,122 ETH to Flow Traders 5 hours ago, worth approximately US$7.03 million.

According to TechFlow, on July 31, Taiko, an Ethereum Layer2 network based on zkRollup, officially published a statement on the X platform stating that recent reports by multiple media outlets about the Ethereum Foundation selling tokens and abandoning its project were published without attempting to contact Taiko to verify the information, lacking basic investigative journalism and professionalism. Taiko pointed out that it has not sent any tokens to the Ethereum Foundation so far, and reiterated its close cooperation with the Ethereum Foundation. As the first Based Rollup, Taiko has always maintained this position. Recently at the EthCC event, Vitalik called Taiko an "EVM purist" in his keynote speech, further confirming the connection between the two.