- Binance.US has announced that the balance on the BCH network is temporarily insufficient, and they are rebalancing assets across all supported networks.
- Bank of China, China Telecom, and China Unicom are planning to jointly launch a digital yuan SIM card hardware wallet product.
- US senators are urging the Department of Justice and the SEC to investigate Prometheum, a full-service marketplace for digital asset securities.
- Web3 venture capital funding in the first quarter was approximately $2.8 billion, an 80% decrease compared to the previous year.
- The Arkham snapshot took place on July 8th, and ARKM airdrop rewards will be distributed on July 18th.
- A South Korean court is preparing for the first public trial involving Terraform Labs co-founders and seven others to determine whether LUNA is a security.
- Osmosis has passed two proposals regarding Thridening, resulting in the burning of approximately 540,000 excess OSMO tokens.
- The South Korean prosecutor’s office will establish a specialized “Virtual Asset Joint Investigation Team” at the end of the month to handle virtual asset-related crimes.
- Aave is initiating a governance proposal for the decentralized stablecoin GHO, and voting is set to begin soon.
- A whale has deposited approximately $35 million worth of BNB into Binance through four deposit addresses.