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Cointime June 29th News Express

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  • Cointime June 30th News Express

    1.13,300 ETH transferred to Coinbase International 2.A whale withdrew 3 million OM from Binance 6 hours ago 3.Kingsway Capital: Its largest token holding so far is TON4.Solana on-chain DEX had a trading volume of $1.148 billion yesterday 5.Data: Taiko mainnet has 24.89 million transactions in the first month, with a total of about 710,000 independent wallets 6.Jupiter Lianchuang: PPP Meme coin experiment has been completed and analysis of participants has started7.Amber Group and Bitpanda deposit AGIX and OCEAN to Binance 8.In the past 7 days, the transaction volume of NFT on Polygon chain increased by 33.71% month-on-month9.Arkham: Vitalik's total ETH holdings are worth more than $800 million 10.A whale redeemed 1986 ezETH from Renzo and transferred it to Binance
  • Cointime June 29th News Express

    1. In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%
  • Symbiolic, the top individual staker, has invested $41.62 million worth of ETH in the liquidity staking and re-staking protocols.

    A certain whale has cumulatively invested $41.62 million worth of ETH into various liquidity pledge/re-pledge agreements, as monitored by on-chain analyst @ai_9684xtpa. The whale is currently ranked as the top personal pledge holder for Symbiolic, with investment details as follows:
  • The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.

    The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
  • Coinbase Chief Legal Officer: US SEC blocks Coinbase’s request to disclose Gary Gensler’s communication documents

    Paul Grewal.eth, the Chief Legal Officer of Coinbase, wrote on the X platform that the issues of Chevron and Binance's secondary sales have been clarified, but in Coinbase's lawsuit, the U.S. Securities and Exchange Commission (SEC) has prevented Coinbase from requesting the disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the U.S. Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held belief among market participants that digital asset trading on these exchanges is not within the jurisdiction of securities law. Coinbase has requested that Gary Gensler provide documents related to these communications because they are related to how the SEC's enforcement actions violate the due process requirements of the Constitution, but the SEC and Gary Gensler are trying to prevent the disclosure of these documents.
  • Wormhole: A new contract “SolanaWorldIDProgram” will be developed to support the expansion of World ID to the Solana network

    Worldcoin has announced that it has expanded its World ID to the Solana network through Wormhole. The main goal of this integration is to enable protocols on Solana to verify user World IDs that have already been authenticated on Ethereum. According to Wormhole, a new smart contract called SolanaWorldIDProgram will be developed on Solana, which will be responsible for verifying and storing the World ID state root and verifying inclusion proofs. SolanaWorldIDProgram and the Wormhole State Bridge Service from Ethereum to Solana provide a powerful and scalable cross-chain identity verification solution.
  • Supreme Court: "A Token" network platform collected more than 9 million virtual currencies such as Bitcoin, Tether, and EOS from members

    The Supreme People's Court and the State Administration for Market Regulation jointly issued five typical cases of punishing pyramid schemes on the Internet in accordance with the law. Some of them falsely promised high returns by investing in "virtual currencies". The defendants, including Chen, used blockchain as a gimmick to plan the establishment of the "Token" network platform. According to statistics, the platform has registered more than 2.6 million member accounts, with a hierarchy of 3,293 levels, and collected more than 9 million virtual currencies such as Bitcoin, Tether, and EOS. The people's court sentenced the organizers and leaders of cross-border network pyramid schemes according to their positions and roles in the entire criminal chain, and confiscated virtual currencies such as Bitcoin involved in the case in accordance with the law. Relevant officials of the Supreme People's Court stated that in the next step, the people's court will work with market supervision departments and other units to strictly punish illegal pyramid schemes on the Internet in accordance with the law.
  • Jupiter Co-Creation: Starting from July, tasks will be carried out in sequence every week, starting with the first batch of active staking rewards ASR voting

    Co-founder of Jupiter, posted on X platform, stating that despite the unstable market in June, Jupiter community and products have made progress, launching key initiatives and major products. July will be an important month for Jupiter DAO, with the first batch of active staking rewards AS and key supply reduction voting, followed by Jupuary and ASR delayed voting. Prior to this, Jupiter will strengthen the promotion of many key executions of JUP, including 50/50, jupuary ritual, CEF, GUM, etc. If everything goes well, these tasks will be executed in order every week, starting with ASR and then proceeding with subsequent voting. This will be a very busy schedule, as well as some experiments, but Jupiter will try to maintain consistency and rigor.
  • In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%.

    According to Cryptoslam data, the trading volume of "Pudgy Penguins" in the past 24 hours reached 1.977 million US dollars, an increase of 698.98%, surpassing BAYC (about 1.6 million US dollars) and CryptoPunks (about 1.52 million US dollars) to rank first. The data shows that in the past 24 hours, there were 58 transactions for Pudgy Penguins, with 40 sellers and 32 buyers. As of now, the total sales of Pudgy Penguins is about 385 million US dollars.
  • Jupiter Lianchuang: A new PPP mechanism needs to be invented to prove that there is a better alternative than PVP

    Meow, co-founder of Jupiter, posted on social media stating that PPP (Participant-Platform-Protocol) is very important, otherwise they will devour each other before achieving all the dreams of changing the world.Currently, incentive measures strongly favor PVP (Participant-Value-Protocol), but everyone feels worse about our industry than ever before. Now we need to invent new PPP mechanisms and use them to prove that there are better alternatives than PVP, otherwise we will just blame each other all day and say, "Yes, that's how the game is played."