(Web3 Daily Report) is an official comprehensive early report launched by Web3Caff, focusing on important news, official updates, and selected articles from the past 24 hours in the Web3.0 field, aimed at helping Web3.0 enthusiasts and builders quickly understand the latest industry dynamics. Of course, if you want to be further and comprehensively informed of the latest industry trends and exciting articles, please remember to follow our official Twitter.
Cover: Lido
Lido V3 Testnet-2 is now live
Source: Lido
zkLend announces it will cease operations
Source: zkLend
The CIA claims that several key nuclear facilities in Iran have been destroyed
Source: Jin10 Data
SEC Commissioner: Bitcoin ETF physical redemption mechanism may be implemented, related applications are under review
Source: Cointelegraph
Cyberport Hong Kong launches pilot funding program for blockchain and digital assets
Source: Cyberport
Kraken receives MiCA license from the Central Bank of Ireland
Source: Cointelegraph
Resupply faces suspicious trading attack, losing approximately $9.5 million
Source: PeckShield Inc.
Crypto company Zama completes $57 million Series B funding, led by Blockchange Ventures and Pantera Capital
Source: CoinDesk
Exciting articles you might have missed
On June 24, several U.S. senators jointly released (Legislative Principles for the Crypto Market), proposing to establish the legal status of digital assets, clarify regulatory boundaries, implement classification regulation, and guide compliant innovation. The intention is to resolve the long-standing regulatory uncertainty and institutional vacuum troubling the U.S. crypto market. This market insight from Web3Caff Research focuses on the background, core mechanisms, and potential impacts of these principles, outlining how they aim to break the jurisdictional entanglement between the SEC and CFTC, reshape the regulatory logic of centralized and decentralized applications, and assess their profound effects on the entry of traditional financial institutions, the development of tokenized financial infrastructure, and the evolution of the global regulatory landscape.
Market Insight: Will the release of the U.S. (Legislative Principles for the Crypto Market) clear the regulatory fog and where will digital assets head in the future?
Today, we stand at a new starting point of a 'channel revolution.' Many countries around the world are pushing for stablecoin legislation to create a main road to the real financial system for the on-chain world. In other words, it opens up a fast track for traditional commerce to on-chain finance. It is predicted that by 2025, the global market value of stablecoins will reach $250 billion. This article discusses it, providing a quick read.
Mankun Law: From JD's trial of stablecoins, looking at the next growth blue ocean for Web3 practitioners
In the current state of the Web3 industry, DeFi-related products occupy an absolute market share. Among these, AMM (Automated Market Maker) plays a crucial role and is a powerful driver of changes in Web3 finance. This article introduces several important AMM implementations in the Solana ecosystem, providing a quick overview.
Solana ecosystem AMM research
On May 21, the passage of the (Hong Kong Stablecoin Regulations) in the Hong Kong Legislative Council marks a critical turning point in regulation, set to take effect on August 1, 2025. Fiat-backed stablecoins are no longer in a gray area within Hong Kong, but instead fall under a formal legal framework regulated by institutions. This article discusses this topic.
Mankun Research: Interpreting the new Hong Kong stablecoin regulations, how will they reshape the industry landscape?
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