1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -0.39%
ETH: -2.47%
SOL: -6.65%
XRP: -8.50%
DOGE: -8.40%
BNB: -2.70%
SPK: +83.81%
PENGU: -2.38%
SAHARA: +48.88%
ADA: -7.49%
24H increase list (data source: OKX):
SPK: +78.34%
SAHARA: +51.95%
SD: +50.55%
SLP: +18.68%
LOOKS: +12.57%
DUCK: +10.09%
IP: +7.95%
LSK: +6.59%
DEP: +2.26%
RESOLV: +2.21%
2. 24H hot search currencies
SPK: Cookie Snaps campaign’s first collaboration project.
Headlines
FTX announced that the record date for the next round of claims distribution is August 15, 2025, and is expected to start on September 30, applicable to approved Class 5 customer claims, Class 6 general unsecured claims, and previously unallocated convenience claims. At the same time, FTX has obtained court approval to reduce the disputed claims reserve from US$6.5 billion to US$4.3 billion, releasing approximately US$1.9 billion in cash for this round of distribution.
The White Houses first encryption policy report will be released on July 30
Bo Hines, executive director of Trump’s Digital Asset Advisory Committee, said on the X platform that the President’s Digital Asset Task Force has completed a 180-day report, the White House’s first crypto policy report, which will be publicly released on July 30.
Burwick Law expands lawsuit against Pump.fun to include Solana and Jito executives as defendants
Law firms Burwick Law and Wolf Popper have expanded their lawsuit against Pump.fun to name the Solana Foundation, Solana Labs, Jito, and its executives as defendants, including Solana co-founders Anatoly Yakovenko and Raj Gokal, Solana Foundation executive director Dan Albert, chairwoman Lily Liu, and former communications head Austin Federa.
According to the latest revised complaint, the two law firms cited the Racketeer Influenced and Corrupt Organizations Act (RICO) to accuse relevant personnel, claiming that Solana Labs and Jito Labs were deliberate participants in token design, fee mechanisms, infrastructure maintenance, and validator coordination, and were suspected of jointly planning and profiting from it. The lawsuit also accused Pump.fun of violating multiple U.S. financial crime prevention regulations, failing to implement anti-money laundering measures, assisting in the creation and promotion of illegal tokens, and infringing trademark rights.
The lawsuit stated that Pump.fun made approximately $723 million in profits through illegal gambling operations, and Jito Labs was accused of manipulating transactions and tilting the distribution of profits toward the bribers.
Binance: Users with at least 200 Alpha Points can claim 1,500 COA tokens airdrop
According to official news, Binance is the platform that will launch Alliance Games (COA) at 17:00 (UTC+ 8) on July 23, 2025. After the transaction starts, users with at least 200 Binance Alpha points can apply for 1,500 COA tokens airdrop. First come, first served. If the event is not over, the score threshold will automatically decrease by 10 points every hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim within 24 hours on the Alpha event page, otherwise it will be deemed to have given up the airdrop.
Industry News
Norma Chu, founder, chairman and CEO of DDC Enterprise, a US-listed company, said in a shareholder letter that DDC has submitted a $500 million F-3 general shelf registration statement to the US Securities and Exchange Commission, a move designed to ensure flexible and efficient access to capital markets when favorable opportunities arise. In addition, the companys new Bitcoin vision goal is to hold 10,000 Bitcoins by the end of 2025 and become one of the top three Bitcoin reserve companies in the world within three years.
Earlier news, Animoca Brands reached a cooperation with DDC Enterprise to invest $100 million to support its Bitcoin treasury. Earlier this month, the company received a commitment of up to $528 million in transformation capital, and has now received $53 million in initial funding from well-known partners such as Anson Funds, Animoca Brands and Kenetic Capital.
According to the official announcement, Swedish listed company H100 Group announced an increase of 117.93 BTC, bringing its total holdings to 628.22 BTC.
Matador Technologies receives $100 million in funding to buy more Bitcoin
Canadian listed company Matador Technologies has received a $100 million financing line to purchase more Bitcoin. As previously reported, Matador Technologies announced that its board of directors has approved a long-term Bitcoin acquisition strategy plan to accumulate up to 6,000 Bitcoins by 2027, and a medium-term goal of accumulating 1,000 BTC by 2026. Matadors long-term goal is to hold 1% of the Bitcoin supply and become one of the top 20 corporate holders in the world.
Goldman Sachs and Bank of New York Mellon jointly launch money market fund tokenization program
Goldman Sachs and Bank of New York Mellon (BNY Mellon) have partnered to launch a blockchain-based money market fund tokenization solution. BNY clients can now invest in tokenized money market funds through the Goldman Sachs platform, and their holdings are recorded on the blockchain. The project has attracted large asset management institutions such as BlackRock, Fidelity, and Federated Hermes to participate, aiming to build a real-time, low-friction digital financial infrastructure.
Project News
LetsBONK promises to use 1% of its revenue to repurchase BONK ecosystem’s top tokens
LetsBONK announced that it will use 1% of its total revenue to repurchase the top tokens in the BONK ecosystem. The relevant funds come from the team marketing fund, and the repurchase operation will be carried out on a weekly basis. Data shows that LetsBONK has generated about $1.5 million in handling fees in the past 24 hours, and will provide $15,000 for this round of repurchases on a proportional basis. Recently, LetsBONK has surpassed its competitor Pump.fun in daily trading volume and the number of tokens issued. Dune data shows that the total market value of tokens issued on its platform has exceeded $1 billion. Among them, Useless Coin is the largest token, followed by ANI, which represents the Grok AI companion token launched by xAI.
Aspecta announces token economics, airdrop enquiries open tomorrow at 15:00
Aspecta announced the token economics, with a total supply of 1 billion, of which 45% is allocated to the community and ecosystem, 7.6% is airdropped to users and community supporters at TGE; 6.7% is allocated to the market and a wider range of blockchain users, 0.7% is allocated to pre-market price discovery, 30% is allocated to community and ecosystem growth; 20% is allocated to investors, 15% is allocated to early contributors, 3% is used for liquidity, and 17% is allocated to the foundation. Aspecta will open airdrop inquiries at 15:00 on July 24, and will be available for collection at 18:00 TGE.
Web3 native AI infrastructure protocol LazAI will launch the first AI companion data anchor token (DAT) on its testnet, where users can establish connections with an evolving AI entity with memory and receive rewards in interaction. The event was launched on Lazpad, an AI agent launch platform on the LazAI ecosystem chain. Users can qualify to join the whitelist by completing a series of tasks. Each address added to the whitelist will receive a free DAT blind box and additional rewards, and will be eligible for C.ALITH airdrops. At the same time, LazAI will simultaneously launch a referral invitation event, where you can get event points by inviting friends, and the top ten inviters will receive additional rare DAT rewards according to their ranking. It is reported that Lazpad is a simple and easy-to-use on-chain AI agent launch platform that supports both open and selected dual-track assetization paths. It is supported by LazAIs internal incentive ecosystem and deeply integrated into the ecosystem, and is committed to transforming complex AI models into interoperable, composable, and tradable proxy tokens. These AI agents use tokens as a carrier to open up a development path for co-creation, crowdfunding, public participation and win-win results for creators, investors and the agents themselves.
Investment and Financing
Gaia, a decentralized AI reasoning platform, announced the completion of a $20 million seed round and Series A financing, led by ByteTrade, SIG, Mirana, and Mantle, with participation from Outlier Ventures, NGC, Taisu Ventures, and Consensys Mesh. The new funds will be used to expand decentralized AI infrastructure and officially launch the worlds first AI-native smartphone designed for user-independent intelligence. The Gaia AI phone is built with Galaxy S 25 Edge hardware, and all AI reasoning processes run locally, without the need for cloud computing, no data upload, and no privacy leakage.
According to official news, WLFI has reached a strategic cooperation with Vaulta (formerly EOS), and WLFI has pledged to invest $6 million to promote the development of Web3 banking in the United States. Vaultas native assets will be included in WLFIs macro-strategic reserves, and WLFIs USD1 stablecoin will be directly integrated into Vaultas Web3 banking infrastructure.
DSRV, a South Korean blockchain infrastructure service provider, announced the completion of a first round of financing of approximately 16 billion won (approximately 11.6 million US dollars) in Series B. This round of financing was participated by mainstream Korean investment institutions such as Intervest and NH-SK Securities. The second round of financing is expected to start at the end of next month, when more financial institutions will join. DSRV currently provides node and infrastructure services for more than 70 blockchain networks around the world, with assets under management exceeding 4 trillion won. The companys sales in 2023 reached 10.7 billion won and its net profit was 3 billion won. In the future, it will focus on expanding new business areas such as stablecoins and custody, and accelerate global expansion plans in the United States, Japan, Africa and other regions.
Character*Voice
US Treasury Secretary: There may be 1 or 2 interest rate cuts this year
U.S. Treasury Secretary Benson: There may be 1 or 2 interest rate cuts this year.
Matrixport released todays chart saying that in the past two weeks, Bitcoin open interest has increased significantly by $6 billion, and the annualized funding rate has soared to 19%, indicating that there are a large number of aggressive leveraged long positions in the market. At the same time, South Koreas retail trading activity has increased significantly, and cryptocurrency trading volume has jumped from $1 billion to $6 billion, reflecting the dominant role of retail funds in this round of market. However, as prices enter a sideways phase, these highly leveraged long positions may face the risk of passive liquidation, especially after the FOMC meeting next week, the market will enter a relatively light August trading period. Although there may be volatility pressure in the short term, several key positives are building momentum for after the summer, and the overall upward trend of the crypto market has not yet ended.
Agency: The US economy did not decline as expected, and AI may be the main reason
According to foreign media analysis, for the second time in three years, the outside worlds concerns about the US economic recession have been slapped in the face by reality. And this time, the artificial intelligence (AI) boom may be the main contributor. As generative AI enters its third year, its financial impact is no longer limited to the stock prices of chip manufacturers. The surge in data center construction and overall capital expenditures is beautifying US GDP data in an astonishing way. Jason Thomas, chief investment strategist at the Carlyle Group, pointed out that this capital expenditure is an effective re-industrialization of American companies, shifting their focus from software and intangible assets to investment in factories, machinery and energy, which is unprecedented. The impact on GDP is huge. Thomas estimates that AI-related spending alone may have contributed one-third of the US GDP growth in the second quarter of this year. And orders in related industries are still expanding at an annual rate of more than 40%.
CZ: The alt season index continues to rise, and the FOMO season may be coming
CZ posted on the X platform that although the accuracy of the Alt Season Index on CoinMarketCap is still controversial, the index is indeed currently rising. He added that FOMO season is coming.
