1. 🔬Opportunities to watch

  • dYdX: Launching the incentive program Season 5 will distribute $5 million DYDX and start Season 6

2. ❇️DeFi

a. New projects in the past day

  • XRPL DEX --- Dexes (Ripple, 11.75 million)

  • PumpBTC --- Liquid Staking (Multi-Chain, 119万)

b. Project List

Project list: TVL > 5m & (7-day additions | 24h TVL change > 10%)

c. Related Projects

  • Jupiter releases ecosystem token API and standards, plans to deprecate old API by the end of August

  • LayerZero: Reward distribution for bounty hunters completed

  • Layer3 has launched the airdrop query page

  • Stargate DAO community launches proposal to integrate with Sei Network

  • Doubler: Liquidity airdrop activity has ended, a total of 536,403 DBR tokens are required to be airdropped

  • Blast Ecosystem Project Ring Protocol Launches DEX Aggregator RingX

  • Phaver: Completed Season 1 SOCIAL airdrop snapshot, with an additional 65 million tokens available

  • Jito launches the next generation staking infrastructure platform Jito Resttaking

  • DeFi credit protocol Clearpool launches Arbitrum

  • Broken Bound platform has officially opened BEBE LP mining pool

3. 🌏Macro

  • Yesterday, the U.S. spot Ethereum ETF had a total net outflow of $133 million

  • Yesterday, the U.S. spot Bitcoin ETF had a total net inflow of $44.2 million

  • Coinbase All Apps Rank: today 188, 7 days 137 -37.23%, 30 days 248 24.19%

  • Coinbase Financial Apps Rank: today 13, 7 days 11 -18.18%, 30 days 18 27.78%

4. 🐳Whale Movements

  • A whale/institution deposited 7.57 million FRONT to Binance 8 hours ago, equivalent to about 6.4 million US dollars

  • The two whales have pledged nearly 300 BTC in Babylon, equivalent to about 19.15 million US dollars

  • Injective: The number of INJ tokens pledged has reached 60 million

  • Curve founder responds to liquidation: Unless UwULend buys CRV and repays bad debts, liquidators will not be able to withdraw CRV

  • A diamond dealer sold 170.02 billion PEPEs an hour ago, with a return on investment of 886%.

  • As of July 24, BlackRock’s Ethereum ETF held nearly 85,000 ETH, an increase of more than 5,000 from the previous day.

  • Galaxy Digital's associated address transferred $288 million worth of BTC to Binance in the past 5 hours. If sold, it would lose about $3.52 million

  • Bitcoin mining company MARA purchased $100 million worth of Bitcoin and currently holds more than 20,000 Bitcoins

  • A whale withdrew 1.43 million UNI from Binance and deposited it into Aave, worth about $10.3 million

  • A whale/institution sold 11,620 ETH in the past 6 hours in exchange for USDT to repay loans

  • Curve founder address has liquidated 2.67 million CRV on UwULend

  • The whale that once ranked second in PENDLE holdings transferred another 489,000 PENDLE to Binance in the past 12 hours

  • Mt.Gox still holds about 90,000 bitcoins, worth about $6 billion

  • A smart money deposited 100 BTC to Binance 3 hours ago, with an estimated profit of 136%

  • In the past two days, two whales withdrew nearly 238,900 SOL from Binance and pledged them. Another whale withdrew 1.43 million UNI from Binance and deposited it into Aave, then borrowed 5.5 million USDC and deposited it into Binance.

  • CryptoQuant CEO: Whales are increasing their holdings of BTC, with 358,000 BTC transferred to long-term holders in the past month

  • Two whales deposited more than 5 million FRONT to Binance 7 hours ago

6. 📃Industry

a. NFT & GameFi & SocialFi & DID & DAO & Content Creation

  • MOBOX's new game Dragonverse Season 2 is now online

  • Pixelverse: Closed Beta Signup Now Open for Whitelisting

  • Illuvium plans to launch the mainnet at 2 a.m. on July 26

b. Exchange/Wallet

  • Arkham announces Coinbase Wallet integration

c. Public chain/L2

  • Starknet v0.13.2 is expected to increase TPS capacity to 250 TPS by introducing parallel execution

  • dYdX Chain will upgrade to v5.1.0, including performance optimization, Slinky update and Vault UX improvement

  • Bitcoin rollups protocol BitcoinOS has verified ZK proof on the Bitcoin chain

  • TON blockchain can now use USDT and Notcoin for transactions

  • Core Chain launches dual staking model to increase Bitcoin yields

d. Investment and Financing

  • Galaxy raises $113 million for its crypto fund, focusing on crypto software, infrastructure and financial applications

  • Liquidity staking platform aPriori completes $8 million seed round of financing, led by Pantera Capital

  • Multiple Network completes $2 million seed round with $30 million valuation, with participation from OKX Ventures and others

  • RiskLayer Completes Builders Round Financing, Antler and Momentum 6 Co-Led Investor

  • Web3 social aggregator Yup completes new round of financing, Farcaster co-founder Dan Romero and others participate in the investment

  • OpenSocial Protocol Completes $6 Million Strategic Financing, Led by Framework Ventures and Others

  • OKX Ventures Announces Investment in Monad Network MEV-Powered Liquidity Staking Platform aPriori

  • Liquidity staking protocol Kintsu completes $4 million seed round led by Castle Island Ventures

  • On-chain order book DEX Kuru completes $2 million seed round of financing, led by Electric Capital

e. Supervision

  • US Congressman Cynthia may announce a draft bill on "using Bitcoin as a strategic reserve" at the Bitcoin Conference

  • Hashdex submits S1 application to SEC for Nasdaq Crypto Index ETF

  • Crypto-Friendly Bank Revolut Receives UK Banking License

  • Massachusetts Senate candidate John Deaton holds about 80% of his net worth in Bitcoin or Bitcoin-related investments

f. Security

  • TRM Labs: Many of the crypto-ransomware attacks last year were led by Russian-speaking groups

  • WazirX releases preliminary investigation results of the attack: No malicious transactions were signed before July 18

  • SlowMist Cosine: Users who have downloaded the Kakao video conferencing Trojan software kakaocall[.]kr need to transfer assets immediately and perform anti-virus reset

  • ZachXBT: Sorta Finance may have an exit scam, it is recommended not to use the protocol

g. Others

  • Aethir User Portal is now live

  • Alibaba Cloud announces in-depth strategic cooperation with Chainbase, a full-chain data network

  • Lumerin’s decentralized AI project Morpheus will be launched on the Arbitrum testnet on Friday

  • Alchemy Pay and Paysafe Partner to Expand European Market

  • The Information: OpenAI may lose $5 billion this year and run out of cash within 12 months

7. 🔧Tools

8. 💡Viewpoint

  • Bitstamp CEO: Proud to provide protection for Mt Gox investors, BTC has proven its value

  • CryptoQuant analyst: Bitcoin Coinbase Premium Index turns negative, indicating a decline in demand from U.S. investors

  • Analyst: The trend of SOL in July 2024 will be basically the same as three years ago

  • Interpreting Cysic: Hardware Acceleration and the Rise of ZK Mining

  • 10x Research: The crypto market is entering a period of seasonal weakness, and potential pressures such as Mt.Gox may cause the market to further decline

  • A New Era for Bitcoin: Cross-chain Bridges and L2

  • Michael Saylor calls on MARA CEO: Bitcoin holdings should be increased to 26,200

  • Kraken Survey: Cryptocurrency Has More Potential Than Stocks and Real Estate

  • Wintermute: Stablecoin market value exceeds $164 billion, supporting the bullish outlook of the market

  • Well-known trader Ansem: Consider removing ETH from attention and turning to SOL and WIF

  • Traders expect the Fed to cut rates by 25 basis points in September, November and December

  • Delphi Podcast Highlights: Will the open source revolution in decentralized AI create peace under nuclear deterrence?

  • Intention is a proof obligation: Interpreting the intention system from the perspective of the solver

  • Review of BTC LSD Protocol: Project Progress and Participation Opportunities

  • Telegram CEO predicts mass blockchain adoption this year and will crack down on crypto scams

  • Fundamentals season is coming? A quick look at 23 protocols worth watching

  • EthCC Live Talk with Vitalik: My reflections on crypto protocols, ecosystems, and tokens

  • Sygnum: Cryptocurrency spot trading volume tripled year-on-year in the first half of the year, and derivatives trading volume increased by 500%

  • a16z founder: The Biden administration's regulatory approach to cryptocurrencies is stifling innovation and growth in the industry

  • VanEck predicts Bitcoin could reach $2.9 million by 2050

  • Helius CEO: Solana community’s criticism of Ethereum research culture is stupid