(Web3 Daily) is a comprehensive daily report launched by Web3Caff aimed at the Web3.0 field, based on important news, official updates, and selected articles from the past 24 hours, designed to help Web3.0 enthusiasts and Builders quickly understand the latest industry dynamics. Of course, if you want to further keep up with the latest industry trends and exciting articles, please remember to follow our official Twitter.
Cover: Ondo Finance
On-chain US stock platform Ondo Global Markets will launch this summer
Source: Ondo Finance
Ripple applies for a US banking license after Circle
Source: The Block
New Zealand Financial Markets Authority issues warnings about cryptocurrency investment risks and scams
Source: FinanceFeeds
Next week, a hearing will be held for the full committee on crypto market structure
Source: Eleanor Terrett
J.P. Morgan's blockchain division Kinexys tests carbon credit tokenization with S&P Global
Source: CoinDesk
Bitcoin DeFi project BOB launches BitVM Bridge testnet
Source: CoinDesk
ZachXBT states: North Korean developers have received over $16.58 million in payments from the crypto space this year
Source: ZachXBT
Coinbase acquires token management company Liquifi
Source: Fortune
Thesis acquires Bitcoin rewards platform Lolli
Source: The Block
Backpack launches second season points activity
Source: Backpack
Exciting articles you might have missed
On June 30, XRPL officially launched the EVM sidechain mainnet, supporting the deployment of smart contracts using Ethereum tools like Solidity and MetaMask, and enabling cross-chain connections with over 80 chains such as Ethereum and Solana through Axelar and the upcoming integration of Wormhole. The sidechain is built on the Cosmos SDK and PoA consensus mechanism, verified by compliant entities like Ripple, with DeFi projects such as Strobe and Securd planning to join. This market trend insight from Web3Caff Research will focus on its multi-chain collaboration and compliance advantages, assessing its ecological expansion potential and practical challenges.
We have also included key mechanisms and modular breakdowns such as highlight structure diagrams, mainstream project path classifications, and typical interaction processes.
Market trend insights: Payment network XRPL EVM sidechain mainnet launched, supporting Ethereum dApps migration and cross-chain connections with 80+ networks, can it effectively ignite its next round of ecological growth?
The African cross-border payment market is expected to reach a value of $329 billion by 2025, with a projected compound annual growth rate of 12%, reaching $1 trillion by 2035. However, the market faces inefficiencies, costing businesses and consumers billions of dollars each year. With growth in African trade, increasing immigration, and rising mobile payment adoption, this article discusses.
The transformative force in Africa's cross-border payment landscape
The merger king of Web2 is trying to become a player in Web3. Huaxing Capital, which led epoch-making mergers like Didi Kuaidi, Meituan Dianping, and 58 Ganji, has officially turned its attention to the crypto world. This investment bank, which once influenced the situation during the Web2 era, is now trying to position itself again in the new round of financial paradigm shifts. This article delves into this topic for you.
$100 million bet on Web3, revealing the crypto investment history of 'Merger King' Huaxing Capital
In recent years, Tether's business has not been limited to the stablecoin sector, but its pace of expansion has clearly accelerated recently. Tether has been active not only in mining, exchanges, Layer1/Layer2 and other cryptocurrency verticals but also in actively laying out in industries such as AI, brain-machine interfaces, agriculture, and sports, this article discusses.
Tether goes all out: Under the trend of compliance, is the 'King of Stablecoins' feeling anxious?
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