Still no hotspots, UNIchain has started mining, but the DeFi Summer will never return. KOLs in the crypto space are discussing educational backgrounds, indicating that the era of grassroots entrepreneurship is over. It's like selling insurance now; before, a college diploma was enough, but now a university degree isn't even a must. In short, the industry is saturated, so people start to roll out all sorts of things. But it shouldn't be put that way, how can HR filter resumes and still slack off? It should be said: talent is now developing towards specialization and elitism. Haha, talent has advanced, but the real economy is withering away, which is quite interesting.

1. Market News

1. Securitize acquires the fund management business of MG Stover, becoming the largest digital asset fund management platform. 2. A Ponzi scheme in Nigeria involving CBEX has emerged, with the amount involved potentially reaching millions of dollars.

3. SEC completes two-year review of Coinbase, no need for amendments or restatements.

4. OKX announces entry into the U.S. market and will establish a regional headquarters in California.

2. Project Updates

1. DeFi protocol Neutrl completes $5 million seed round financing, led by STIX and others.

2. Founder of Humanity Protocol: TGE is coming soon, and token H is on the way.

3. Bitcoin mining machine manufacturer Auratine completes $153 million Series C financing, led by StepStone Group.

4. Resolv Labs completes $10 million seed round financing, led by Cyber.Fund and Maven11.

5. Crypto investment service company Glider completes $4 million financing, led by a16z.

3. Market Trends

1. BTC falls below 85,000 USDT.