1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +2.37%
ETH: +6.81%
XRP: +5.18%
SOL: +4.63%
DOGE: +5.81%
BNB: +1.3%
PEPE: +9.23%
ADA: +6.48%
SUI: +7.52%
XLM: +13.8%
24 H increase list (data source: OKX):
ZBCN: +27.04%
ETHFI: +20.02%
PRCL: +19.11%
SATS: +16.53%
AIXBT: +15.6%
XLM: +14.12%
COMP: +13.9%
WIF: +13.57%
NEIRO: +12%
2. Top 5 popular memes on the chain (data source: GMGN ):
APC
WTFO
TOPLESS
BR
quq
3. 24-hour hot search currencies
BR: BR is the official token of Bedrock and is also a popular token for brush trading on Binance Alpha. BR crashed yesterday, with a 24-hour drop of more than 44%. The official said that if users have a significant price difference due to market fluctuations or slippage, they will receive special airdrop compensation.
Headlines
pump.fun Officially Announced: PUMP Token Will Be Launched Through Initial Coin Offering on July 12
pump.fun announced in a post on the X platform that the PUMP token will be launched through an initial coin offering on July 12, and an airdrop is coming soon.
PUMP token economics: The maximum supply is 1 trillion, of which: 33% will be sold through the initial token offering (1C0), 24% will be reserved for community and ecosystem initiatives, 20% will be allocated to the project team, 2.4% will be used for the ecological fund, 2% will be allocated to the foundation, 13% will be allocated to existing investors, 3% will be used for live broadcast related incentives, and 2.6% will be used for liquidity and trading platforms.
It is reported that 33% of the tokens were sold in 1CO, 18% to institutions and 15% to the public. Institutional and public sale buyers follow exactly the same terms, including the sale price, full unlocking on the first day, etc.
Trump sends tariff letters to 8 more countries, Brazil faces 50% tariff
On July 9, local time, US President Trump published letters on the social media platform Real Social to the leaders of eight countries regarding the imposition of tariffs, including: Brazil, the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka. Among them, Trump said that Brazil will be subject to a 50% tariff, Libya, Iraq, Algeria and Sri Lanka will be subject to a 30% tariff, Brunei and Moldova will be subject to a 25% tariff, and the Philippines will be subject to a 20% tariff. The new tariff will take effect from August 1. Trump has sent tariff letters to 22 countries.
xStocks officially announced on the X platform that BNB Chain has officially joined the xStocks Alliance. The two parties will jointly promote the development of the financial frontier. The next step of integrating the capital market into the on-chain economy is coming soon. This is also the first time that xStocks has expanded to the EVM blockchain network.
Earlier news said Kraken and Backed plan to expand xStocks support to BNB Chain.
Industry News
The National Tax Service of South Korea has clearly stated that if residents obtain virtual assets in the form of labor remuneration from overseas companies, they must declare comprehensive income tax in accordance with the law.
In its reply in March this year, the National Tax Service pointed out that if residents do not withhold at source through tax combinations and obtain virtual assets from foreign companies as labor income under incentive contracts, they must fulfill the obligation to declare comprehensive income tax.
Project News
pump.fun posted on the X platform that the PUMP token public sale will continue until one of the following two things happen: all 150 billion tokens are sold out, or at 22:00 Beijing time on Tuesday, July 15 (14:00 UTC time). Shortly after the public sale ends, participants will receive the purchased tokens. The tokens will be in a non-transferable state at the beginning, which means they cannot be traded. The tokens will become transferable within 48 to 72 hours after the token sale ends. Citizens and residents of the United States and the United Kingdom are not allowed to participate in PUMPs initial token offering (ICO), and this token sale will not be conducted in the United States, the United Kingdom, or any other region where it is not allowed.
Binance Futures to Launch Pre-Market Trading of PUMPUSDT Perpetual Contract
According to the official announcement, Binance Futures will launch pre-market trading of PUMPUSDT perpetual contracts at 15:30 (ET on July 10, 2025), with a maximum leverage of 5 times.
Glider, an AI automated investment management tool, announced that it has launched a points program. Points will be calculated starting July 1, with 1 point available per day for every $1 deposited. In addition, more points can be earned by creating an investment portfolio, etc.
In April this year, Glider announced that it had completed US$4 million in financing, led by a16z, with participation from Coinbase Ventures, Uniswap Ventures and GSR. Valuation information has not been disclosed yet.
Polygon Foundation CEO Sandeep Nailwal announced that a new consensus layer called Heimdall 2.0 will be deployed this Thursday. He said that this upgrade will strengthen the backbone of the Polygon Proof of Stake (PoS) blockchain and shorten the finality of the blockchain to about five seconds, but the complexity is extremely high, which may be the most complex hard fork of the network to date, so node operators need to prepare for the upgrade in advance.
YZi Labs announced that it will support investment institution 10X Capital to launch a treasury company focused on purchasing BNB, and plans to list it on major exchanges in the United States. The company is named The BNB Treasury Company and will be led by David Namdar, senior partner of 10X Capital and co-founder of Galaxy Digital, as CEO.
Investment and Financing
DeFi asset management protocol Velvet Capital announced the completion of $3.7 million in financing, with YZi Labs, Blockchain Founders Fund, FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindfulness Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, and DWF Ventures participating. It is reported that this fund will provide frictionless portfolio management and trading for funds, DAOs, and individual traders, while promoting its governance and utility tokens.
Monad Foundation acquires stablecoin infrastructure project Portal
The Monad Foundation announced the acquisition of the stablecoin infrastructure project Portal. The specific acquisition amount has not been disclosed. Portal will continue to operate as an independent entity, but will use Monads technology to provide services to customers. Portal founder Raj Parekh will move to the Monad Foundation as the director of payments and stablecoins.
Security incidents
GMX posted on the X platform that the GLP pool of GMX V1 on the Arbitrum platform suffered a vulnerability attack, and about $40 million worth of tokens have been transferred from the GLP pool to an unknown wallet. Security partners have participated in investigating the attack.
Currently, the Arbitrum and Avalanche platforms have disabled trading of GMX V1 and the minting and redemption functions of GLP to prevent any further attacks, but the vulnerability does not affect GMX V2 or the GMX token itself.
Cyvers Alerts posted on the X platform that it has detected multiple suspicious transactions on ZKSpace, and its official X account has been frozen, with approximately $4 million in funds affected. Currently, approximately $1.3 million in funds, including USDT and USDC, have been converted into ETH and deposited into Tornado.cash.
Character*Voice
GMGN co-founder Haze posted on the X platform that there are always malicious nodes that are clamping people, and Jitos service is also unstable. From today, if a user uses GMGN to open MEV (anti-clamp) and is clamped, please send a hash to the official staff to verify that it is indeed the MEV that was clamped, and the official will compensate the corresponding fees.
In response to the question of “whether BNB will be included in the treasury reserve” on the X platform, CZ said that there are more than 30 teams that want to launch public company (Public Co.) projects related to the BNB treasury.
Donald Trump Jr. Invests in Social Media Company That Holds Crypto Reserves
Donald Trump Jr. has bought shares of a loss-making social media company that is building a bitcoin reserve, the latest investment in the Trump familys cryptocurrency as a treasury asset strategy. Los Angeles-based Thumzup Media said in a filing on Wednesday that Trump Jr. holds 350,000 shares of the company, worth more than $4 million based on yesterdays closing price of $12.36 per share. According to a person close to Trump Jr., Trump Jr. bought the companys shares at the suggestion of his investment adviser and has no other relationship with the company.
