Dubai has approved a tokenized money market fund supported by Qatar National Bank and DMZ Finance.
According to CoinDesk reports, the Dubai Financial Services Authority (DFSA) has approved the QCD money market fund (QCDT) supported by Qatar National Bank (QNB) and DMZ Finance, making it the first approved tokenized money market fund in the Dubai International Financial Centre (DIFC). The fund's investment strategy and asset initiation are led by Qatar National Bank, while DMZ Finance provides the technology to support its digital architecture. The fund aims to tokenize traditional assets like U.S. Treasury bonds to serve a wide range of institutional applications, including bank-eligible collateral, stablecoin backing, exchange reserves, and Web3 payment infrastructure. Supporters expect the fund to facilitate the adoption of financial institutions and cryptocurrency-native entities due to its regulatory compliance, yield stability, and on-chain transparency.
The number of BONK holding addresses is about to exceed 1 million, at which point 1 trillion tokens will be destroyed.
The BONK community announced that the number of BONK holders has reached 949,892 and is expected to soon surpass 1 million holders. When the number of holders reaches 1 million, 1 trillion BONK tokens will be burned, valued at approximately $22.81 million.
Two Ethereum ICO wallets dormant for over 9 years transferred a total of 1,140 ETH early in the morning.
According to Onchain Lens monitoring, two Ethereum ICO wallets associated with the same entity transferred 1,140 ETH (valued at $2.89 million) to another wallet after being dormant for over 9 years.
Circle executives: 14 stablecoin issuers and 39 CASPs have obtained EU MiCA licenses.
According to Patrick Hansen, Director of EU Policy at Circle, the MiCA regulations impose a 6-month implementation period for crypto asset service providers (CASP) and a 12-month period for stablecoins. There have been new developments in July: 14 institutions from 7 EU countries have been authorized to issue stablecoins, with 3 from France and 1 or 3 from other countries like Germany. They have issued a total of 20 types of electronic currency tokens or single fiat currency stablecoins, with 12 denominated in euros, 7 in U.S. dollars, and 1 in Czech koruna. A total of 39 CASPs have been granted MiCA licenses, distributed across 9 EU/Economic Area countries, covering traditional finance (like BBVA, Clearstream, CACEIS), fintech (like N26, Trade Republic, eToro, Robinhood), and native crypto companies (like Coinbase, Kraken, Bitpanda, OKX, Bitstamp). Currently, there are 0 issuers for asset-reference tokens (ART), and the market lacks relevant demand. Approximately 30 crypto asset white papers have been notified, with many countries' transition periods ending, and the Dutch Financial Market Authority issuing certificates leading, but over 35 companies have been listed as non-compliant CASPs by Italian regulators.
A certain whale/institution transferred out the last 3,631 ETH early in the morning, having transferred 95,313 ETH to CEX in nearly a month.
According to on-chain analyst Yu Jin's monitoring, 5 hours ago, a certain whale/institution address transferred out the last 3,631 ETH. This means they have transferred all 95,313 ETH (valued at $234 million) redeemed from staking into CEX over the past month. These ETH were staked last year at an average price of $2,878. The average price after redemption and transfer to CEX was $2,454, resulting in a loss of $40.41 million.
Listed real estate company Murano plans to establish a Bitcoin reserve through a $500 million equity transaction.
According to CoinDesk, Nasdaq-listed real estate company Murano Global Investments (MRNO) has announced the launch of a Bitcoin strategic reserve plan. The company has signed a $500 million standby equity subscription agreement, with funds primarily allocated for Bitcoin acquisition, and has purchased 21 BTC (approximately $2.1 million) as its first treasury asset. This $800 million market cap Mexican hotel operator has also joined the 'Corporate Bitcoin Alliance' led by MicroStrategy and is exploring the integration of Bitcoin payments and loyalty reward systems in its hotel business. Company chairman Elias Sacal stated that Bitcoin can hedge against inflation risks and strengthen balance sheet resilience.
A U.S. court has terminated the appeal between Coin Center and the U.S. Treasury regarding Tornado Cash.
According to Cointelegraph, the U.S. Eleventh Circuit Court of Appeals rejected the appeal of the cryptocurrency advocacy organization Coin Center, which targeted the 2022 OFAC sanctions against the Tornado Cash mixing service. Documents submitted on Thursday indicated that the appeals court approved the motion to vacate the lower court's ruling and directed the case to be remanded for reconsideration, part of a joint filing by Coin Center and the U.S. Treasury. The court stated that the dismissal of the appeal essentially means the end of Coin Center's legal challenge against OFAC. Coin Center's Executive Director Peter Van Valkenburgh indicated that the lawsuit concerning the legal authority of Tornado Cash sanctions has formally concluded, and the government has no interest in continuing to pursue sanctions or defend its dangerously broad interpretation.
The U.S. government-marked address transferred approximately 86.56 ETH to Coinbase Prime early in the morning.
According to Arkham monitoring, about 7 hours ago, a U.S. government-marked address transferred 86.564 ETH to the Coinbase Prime Deposit address, valued at $219,450. Prior to this transaction, the U.S. government address conducted a $10 test transaction. It is reported that these ETH were originally seized from Chase Senecal in October 2022.
The U.S. SEC has postponed its approval decision for Fidelity's spot Solana ETF.
Market news indicates that the U.S. Securities and Exchange Commission (SEC) has postponed its approval decision for Fidelity's spot Solana ETF.
The U.S. SEC confirms receipt of Truth Social's Bitcoin and Ethereum ETF application documents.
According to market news, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of Truth Social's Bitcoin and Ethereum ETF application documents.
Gate page briefly listed 'PUMP token sale starting July 12' announcement, now deleted.
According to The Block, based on the countdown information on Gate Exchange's website, the Solana ecosystem meme coin issuance platform Pump.fun will launch its native token PUMP on July 12. This issuance will involve 15 billion PUMP, accounting for 15% of the total supply (maximum supply of 1 trillion), with a price of $0.004 USDT per token, and the sales period will be 72 hours. However, Gate has now deleted the information regarding the PUMP token sale page.
Vitalik advocates for the adoption of 'copyleft' software release licensing models.
According to The Block, on Monday, Ethereum co-founder Vitalik Buterin expressed a new stance on software release in a new blog, advocating for the adoption of a slightly more restrictive 'copyleft' license, which differs from his previous support for lax licenses that allowed developers unrestricted use and redistribution of code. Vitalik explained that licenses like CC - BY - SA and GPL require that if derivative works are created and distributed, the new works must be released under the same license. Although he opposes copyright in general, he wants to 'fight copyright with copyright' and ensure that derivative works are open to the public through licenses. He stated that this new stance was influenced by mainstream adoption of open-source code by companies like Google and Huawei, as well as increasing competition in the cryptocurrency space. The competition in the cryptocurrency field is fierce and profit-driven, making it unrealistic to expect people to open-source purely out of goodwill; open-source cannot rely solely on 'pleas' but also requires 'strong measures,' meaning only those who have open-sourced code can gain access to certain codes.
Popular candidate for Federal Reserve Chairman Waller: Interest rates should be lowered to a lower level.
According to Jin10 reports, popular candidate for the next Federal Reserve Chairman, former Fed Governor Waller, stated that the Fed's decision to maintain monetary policy interest rates has frustrated the U.S. President, and he sympathizes with this. Interest rates should be lowered to a lower level. Trump's tariffs will not cause inflation effects.
Trump officially extended the suspension period for 'reciprocal tariffs' to August 1 and has issued tariff letters to multiple countries.
According to Jin10 reports, on July 7 local time, U.S. President Trump signed an executive order to extend the suspension period of the so-called 'reciprocal tariffs' from July 9 to August 1. Earlier today, starting from midnight on July 8 Beijing time, Trump has continuously announced on social media the tariff letters he sent to multiple countries, and as of press time, he has issued the latest tariff rate threats to 14 countries. Among them, Japan, South Korea, Kazakhstan, Malaysia, and Tunisia face a 25% tariff rate; South Africa and Bosnia face a rate of 30%; Indonesia has a rate of 32%; Bangladesh and Serbia have 35%; Thailand and Cambodia have a rate of 36%; Laos and Myanmar have a rate of 40%. These tariffs will take effect on August 1. Additionally, according to Jin10 citing Politico, the U.S. has proposed a trade agreement plan to impose a 10% tariff on the EU, accompanied by restrictive clauses.
Following the controversy over the UAE 'golden visa,' the TON Foundation is recruiting a Vice President of Marketing.
According to The Block, the TON Foundation has released a recruitment notice for a Vice President of Marketing, with responsibilities to 'develop and execute high-impact marketing strategies' to enhance the TON ecosystem, attract new users, and expand the brand's global influence. This marketing executive will also collaborate with the board of the TON Foundation to develop budgets and participate in the production of social media video content on platforms like TikTok, Instagram, and YouTube. This comes after the organization faced controversy over the UAE 'golden visa' program. Previously, Toncoin announced cooperation with the UAE to provide a 10-year golden visa to TON stakers; subsequently, UAE authorities clarified that the eligibility for the golden visa does not include digital currency investors. TON then clarified that the plan is still in the early stages and has not received government endorsement.
The U.S. SEC requests Solana ETF applicants to resubmit documents by the end of July, possibly accelerating the approval process.
According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has requested institutions planning to issue spot Solana ETFs to amend and resubmit application documents by the end of July. Insiders revealed that although the SEC could make a decision by October 10 at the latest, this move indicates that the approval process may accelerate, potentially hastening the final approval of the Solana ETF. Previously, the REX-Osprey SOL and Staking ETFs were automatically approved and began trading last week due to the applicability of the Investment Company Act of 1940, becoming the first Solana staking fund, thus putting pressure on the SEC to expedite approvals. If approved, the Solana ETF will become the third type of spot cryptocurrency fund in the U.S. market after Bitcoin and Ethereum.
The TON Foundation clarifies that there is no official collaboration with the UAE golden visa program.
The TON Foundation's official website clarified that rumors about its collaboration with the UAE golden visa program are false. Currently, TON is only engaged in independent exploratory cooperation with a licensed partner focused on blockchain infrastructure and asset tokenization, and has not reached any formal agreements or received official endorsement from the UAE government. The foundation emphasized that the project is still in the early stages, and any visa issuance rights belong solely to the relevant government departments of the UAE. The TON Foundation supports the joint statement from the UAE regulatory authorities regarding unapproved or launched digital residency or investment visa projects and stated that any official progress will be transparently announced at the earliest opportunity.
Threshold's Bitcoin-pegged token tBTC has been launched on the Sui network.
According to CoinDesk, Threshold Network's Bitcoin-pegged token tBTC has been launched on the Sui blockchain, allowing users to mint tBTC directly on Sui, expected to bring over $500 million in Bitcoin liquidity to the Sui network. Currently, BTC-related assets have accounted for over 10% of the total locked value in the Sui ecosystem.
Hybrid decentralized exchange Kuru Labs completed a $11.5 million Series A funding round led by Paradigm.
According to The Block, Kuru Labs announced the completion of a $11.5 million Series A funding round led by Paradigm, dedicated to building a new type of decentralized exchange that integrates automated market maker (AMM) with centralized order book (CLOB) architecture on the Monad blockchain. Kuru adopts a default AMM strategy to provide basic liquidity for each order book, aiming to enhance on-chain trading flexibility and depth. The project had previously completed a $2.2 million seed funding round. Investors also include 0xDesigner, Zagabond, and several angel investors.
The Public Security Bureau of Taojiang County issued a risk warning regarding the 'DGCX Xin Kang Jia' platform suspected of fundraising fraud.
According to a report from the Public Security Bureau of Taojiang County, Hunan Province, some citizens invested through the 'DGCX Xin Kang Jia' platform at the recommendation of others. This platform falsely used the name of the Dubai Gold and Commodities Exchange (DGCX) to attract funds and is actually an unauthorized, unqualified illegal platform, promising high returns and luring expansion with commission-based memberships. Since June 25, the platform has been unable to process normal withdrawals, suspected of a funding chain break, posing a significant fundraising fraud risk. The public security authorities remind people not to participate in investments in such unapproved platforms. Earlier today, Shenzhen City issued a warning about the risks of illegal fundraising under the guise of stablecoins.
Bit Digital sold 280 bitcoins and used the proceeds to purchase Ethereum.
Cryptocurrency company Bit Digital has transferred all its cryptocurrency assets to Ethereum. The company sold 280 bitcoins and used the proceeds to buy more Ethereum.
Strategy announces a $4.2 billion STRD stock issuance plan.
Strategy (NASDAQ: MSTR/STRK/STRF/STRD) announced it has signed a sales agreement to issue and sell up to $4.2 billion of 10% Series A perpetual Stride preferred stock (STRD) through a 'market offering.' The company plans to use the funds raised for general corporate purposes, including purchasing Bitcoin, working capital, and paying dividends to other preferred shareholders.
CoreWeave will acquire Core Scientific entirely in stock, with a total equity value of approximately $9 billion.
According to BusinessWire, AI supercomputing cloud service provider CoreWeave (NASDAQ: CRWV) has signed a definitive agreement to acquire leading data center infrastructure provider Core Scientific (NASDAQ: CORZ) entirely in stock. Under the terms of the agreement, Core Scientific shareholders will receive 0.1235 shares of CoreWeave's Class A common stock for each share of Core Scientific common stock they hold. This acquisition is expected to help CoreWeave achieve vertical integration of data center assets, enhancing the sustainability of revenue growth and core profitability. After the transaction, CoreWeave will have approximately 1.3 gigawatts of total data center power and over 1 gigawatt of expansion potential. The transaction is expected to close in the fourth quarter of 2025, with a total equity value of approximately $9 billion, representing a premium of about 66% over Core Scientific's unaffected closing price on June 25.
Strategy did not purchase Bitcoin between June 30 and July 6.
Strategy (MSTR.O): Did not purchase Bitcoin between June 30 and July 6.
Strategy reports over $14 billion in unrealized Bitcoin appreciation in the second quarter.
According to the 8-K filing submitted by Strategy (MicroStrategy) to the U.S. SEC, as of June 30, 2025, the company achieved unrealized gains on Bitcoin of approximately $14.05 billion, resulting in the recognition of approximately $4.04 billion in deferred tax liabilities. The company's total Bitcoin holdings amount to 597,325, with a book value of $64.36 billion, and an average cost of $70,982 per coin.
Etherscan launches HyperEVM blockchain explorer HyperEvmScan.
Etherscan announces the launch of HyperEvmScan, a blockchain explorer specifically designed for the HyperEVM blockchain. Users can query transaction, address, token, price, and other information on the HYPE blockchain through hyperevmscan.io.
Binance Alpha will launch the RCADE project on July 9.
Binance Alpha will become the first platform to launch the RCADE (RCADE) project on July 9. After trading begins, eligible users can claim airdrops using Binance Alpha points on the Alpha event page. More details will be announced soon.
Binance Wallet: The TGE project Palio was unable to successfully complete liquidity recharge and is actively working to resolve the issue.
According to Binance Wallet, the TGE project Palio failed to successfully complete liquidity recharge. The company stated that it is actively working to resolve the issue and will inform of progress in a timely manner.
CoinShares: Last week, net inflows into digital asset investment products totaled $1.03 billion.
According to CoinShares' latest weekly report data, last week digital asset investment products recorded net inflows of $1.03 billion, pushing total assets under management (AuM) to a historic high of $188 billion, marking the 12th consecutive week of net inflows. The U.S. market performed prominently, attracting $1 billion in inflows, while Canada and Brazil saw outflows of $29.3 million and $9.7 million, respectively. Ethereum performed particularly well, with an average weekly net inflow of 1.6% of assets under management over the past 11 weeks, significantly higher than Bitcoin's 0.8%, indicating a shift in investor sentiment towards Ethereum.