
1. Ripple CEO: SEC may have to wait "years" to appeal the Ripple case According to Cointelegraph, Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will face a long process before it has the opportunity to appeal the ruling in the case against Ripple Labs. He said, "From a legal perspective, the current law stipulates that XRP is not a security. Frankly speaking, we are very optimistic before the SEC has the opportunity to appeal (which will take years). "He also emphasized that this is the first time the SEC has lost a "cryptocurrency case." He called the SEC a "bully" and went after participants in the crypto industry who were unable to "take proper defense."
2. zkSync said that the NFT airdrop is for the first 10,000 users of the mainnet, and the remaining users will be eligible to receive it after EthCC. In response to the community's belief that zkSync's LIBERTAS OMNIBUS NFT airdrop is not random enough, the official tweet said that this airdrop is for the first 10,000 of the 179,365 qualified community members, and the remaining 169,365 users will be eligible to receive LIBERTAS OMNIBUS NFT in a multi-stage process after EthCC. Earlier news, zkSync launched the experimental NFT project LIBERTAS OMNIBUS, airdropping it to 10,000 early NFT users of the mainnet.
3. Privacy solution Silent Protocol completes $5 million in financing, led by Sora Ventures Privacy solution Silent Protocol completes $5 million in financing, led by Sora Ventures. According to reports, Silent Protocol was initiated by researchers at T?B?TAK B?LGEM, Turkey's leading technology and science center dedicated to improving the country's technological and scientific capabilities. Silent Protocol's main focus is to develop a scalable privacy layer for existing applications, eliminating the need to exchange liquidity from existing pools. The goal is to promote their cooperation with traditional institutions by building a security layer for their applications that complies with EU MiCA (Crypto Asset Market) regulations. The project was launched in 2021 and has received initial funding from venture capital institutions such as Zee Prime capital, Mechanism capital, Hypersphere and Daedalus. Silent Protocol is preparing to play an important role in institutions transitioning to the Web3 space, providing a critical data privacy layer. Unlike other companies that introduce zk solutions that require assets to be migrated to their protocols, Silent Protocol is developing a layer that allows existing DApps to maintain liquidity and scale using zk solutions.
4. Data: zkSync Era has 23.75 million transactions in the past 30 days, exceeding ArbitrumL2BEAT data shows that zkSync Era has 23.75 million transactions in the past 30 days, exceeding Arbitrum's 23.59 million transactions, becoming the Ethereum L2 project with the largest number of transactions in the past month.
5. Former SEC official: Ripple ruling may be appealed and overturned According to Jinshi, John Reed Stark, a former executive of the U.S. Securities and Exchange Commission, said that the court's ruling on the Ripple case is disturbing in many ways. This ruling seems to go against the SEC's mission to protect investors. The court ruled that XRP was sold to institutional investors as a security. Therefore, the ruling gives institutional investors the protection provided by the SEC. However, because the court ruled that XRP was not a security when it was sold on a cryptocurrency exchange, the ruling cannot protect retail investors. Stark added that the ruling is not only arrogant, but also insulting because it assumes that retail investors are generally stupid. The Ripple ruling is likely to be appealed. In addition, given the unprecedented nature of the ruling, the court is likely to immediately grant an interlocutory appeal, and the Second Circuit Court is likely to hear the appeal.
6. Stacks co-founder: His US bank account used to trade Bitcoin on Coinbase has been restored Stacks co-founder muneeb tweeted that his US bank account has been restored. He previously tweeted that Bank of America closed his account that he had used for 15 years without giving any reason, but he suspected that the account was closed because of his Bitcoin trading on Coinbase. Coinbase CEO Brian Armstrong initiated a vote, and the results showed that more than 1,100 people had similar experiences.
7.Curve has launched the crvUSD/GHO liquidity pool. The official page shows that Curve has launched the crvUSD/GHO liquidity pool, and the total liquidity is currently close to 300,000 US dollars. According to previous news, Aave announced yesterday that it has successfully launched GHO on the Ethereum mainnet. On July 14, the formal governance proposal vote initiated by the Aave community to launch the decentralized stablecoin GHO on the mainnet was passed and will be executed on the chain within one day. After deployment, Aave V3 users on Ethereum will be able to use collateral to mint GHO.
8. Arkham: The first airdrop snapshot claim portal will be closed at 3:00 on July 17. Crypto data company Arkham tweeted that the first Arkham airdrop snapshot claim portal will be closed at 3:00 on July 17, Beijing time. According to previous news, the Arkham airdrop will be launched on July 18. You can claim it by entering your Ethereum address through the Arkham platform dashboard. Airdrops can only be made through the Arkham platform and cannot be claimed through other places.
9. Dune founder: I don’t like airdrops, Dune will not issue tokens in the future. Hagaetc.eth, the founder of blockchain data analysis platform Dune, posted on Twitter that he doesn’t like airdrops for three reasons, namely, it creates a “community” that gets rich quickly, it is absurd capital support for the liquidity mining community, and it does not create long-term value for anyone. He said that if Dune had plans to issue tokens, it would have been implemented a long time ago, but in fact it did not, and it will not issue tokens in the future.
10.Aave announced that it has successfully launched the stablecoin GHO on the Ethereum mainnet. Aave announced that it has successfully launched GHO on the Ethereum mainnet. On July 14, the formal governance proposal vote initiated by the Aave community to launch the decentralized stablecoin GHO on the mainnet was passed and will be executed on the chain within one day. After deployment, Aave V3 users on Ethereum will be able to use collateral to mint GHO.
11.Andre Cronje: All options are being explored to recover Multichain assets, and the Fantom Foundation and all staff have exposure. In response to a user question on the forum, Andre Cronje, the founder of Fantom, said that the failure of Multichain was a "major blow". Previously, the Multichain team had made a lot of assurances about the decentralization, access and geographical distribution of servers. All options are being explored and working with relevant organizations to recover assets, and even the foundation's funds may be used. No confirmation can be made until there is more data. But we will not leave it alone and will do our best to compensate everyone. In addition, Fantom will continue to cooperate with Circle, Tether, TrueUSD, Binance, etc. for native issuance and review the native bridge infrastructure rollup. When there is more verifiable information, we will come up with an action plan. Andre Cronje also said that the foundation and all staff have exposure to these assets.
12. Hong Kong police cracked a cross-border money laundering group using virtual currency, involving more than 100 million yuan. According to Ta Kung Pao, in response to the joint operation "Thunder 2023" of Guangdong, Hong Kong and Macao to combat organized crime, the Hong Kong police successfully dismantled a cross-border money laundering group on the 13th of this month, suspected of laundering more than 100 million yuan in fraudulent funds. A total of 6 people were arrested in the operation, including a mastermind and two core members. One of the core members is a college student, who is mainly responsible for purchasing virtual currency. At the end of April this year, the police received a tip-off that a criminal group used debit cards from multiple mainland banks to collect the proceeds of the fraud, and then used the debit cards to purchase gold and expensive watches in Hong Kong and resell them, and then used the cash from the resale to purchase virtual currency for a second round of laundering. The group mainly operates on weekdays in order to take advantage of the fact that financial institutions can transfer money instantly and commit crimes before law enforcement agencies freeze accounts. The group handles more than one million Hong Kong dollars of black money every day. Since its operation, it is believed that more than 100 million yuan has been laundered.