7.9 GM web3

After surpassing @bonk_fun and @pumpdotfun on-chain, the difficulty of the game has started to rise, and it's uncertain when the easy mode will go live.

1. $BTC is in a fluctuating market, with an average daily volatility of 1000u, and global market attention is on whether 107000 can provide support or if a drop could present a buying opportunity;

2. $ETH suddenly surged past 2600, seemingly displaying an unusual trend, raising questions about whether it can lead altcoins to rise as well;

3. $SOL follows closely behind, regardless of the on-chain market conditions, it seems to have lost its independent market;

4. xStocks will integrate the upcoming Jupiter Lend;

5. Bloomberg: Tether holds $8 billion in gold reserves in a secret vault in Switzerland;

6. a16z has cleared its COMP holdings, transferring 400,000 tokens to Coinbase Prime;

7. A certain whale/institution sold $85.38 million worth of Ethereum and deposited the funds into the Aave V3 protocol;

8. Eigen Labs is laying off 25% of its staff, shifting focus to the EigenCloud business;

9. Musk: Trump cannot gain public trust if he does not release the Epstein files;

10. Coinbase launches a $5 million bug bounty program, focusing on on-chain products and Base smart contracts;

11. Phantom wallet introduces direct perpetual contract trading support for EU users, powered by Hyperliquid;

12. The appeals court approves the dismissal of the Tornado Cash lawsuit, and founder Storm will still face trial next week;

13. Robinhood is in discussions with European regulators regarding its stock tokenization plan;

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Current spot trading volume on exchanges is lacking, with trading volume concentrated in contract trading, and market participants increasingly view the crypto market as a gambling venue, a phenomenon worth noting.