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Blockchain Report
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All the necessary news about blockchain and crypto market

Gate.io delisted Pump Fun's PUMP token sale page. PUMP, a Solana meme coin, was set to launch July 12th with a 1 trillion supply & initial sale price of $0.04 USDT. 72-hour sale now cancelled on Gate.io.

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Bit Digital has completed a strategic shift towards Ethereum, following a $172 million public offering. The company utilized the funds to purchase ETH and exchanged approximately 280 Bitcoin for Ethereum, resulting in a current ETH holding of roughly 100,603 ETH.

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Solana meme coin platform Pump Fun ($PUMP) lists on Gate exchange July 12th! 🚀 1 trillion total supply, initial sale at $0.04/token (USDT), no cap. Platform seeking $4B funding & considering revenue sharing. (The Block) #Solana #memecoin

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TON Foundation is hiring a VP of Marketing to grow its user & developer base globally. This comes after clarifying a proposed UAE visa program linked to token staking – no formal deal was finalized. More info on their website.

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Ethereum’s Vitalik Buterin now supports stricter “copyleft” software licenses (CC-BY-SA, GPL) requiring derivative works to also be open-source. A shift from his previously favored permissive licenses. (The Block) #ethereum #opensource

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Coinbase's Conor Grogan flags heavy bot activity on new Solana token platforms PumpFun & LetsBonk. Top LetsBonk accounts are launching tokens ~1/3min! Raises concerns about authenticity & market manipulation. #Solana #crypto #bots

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U.S. Treasury & Coin Center drop appeal over Tornado Cash. OFAC sanctions were rescinded in March 2025, making further court action unnecessary. Case dismissed. (Decrypt) #crypto #TornadoCash

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US govt wallets received ~$219K in ETH (86.564 ETH) + ~$10 from seized funds linked to Chase Senecal (HZ) on July 8th. Assets originally confiscated in Oct 2022. (via Arkham Intelligence)

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US to impose 25% tariffs on all imports from South Korea & Japan starting Aug 1, 2025, due to trade imbalances. Companies building US factories will be exempt & receive faster approval. #trade #tariffs #USpolicy

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Lithuania’s central bank is questioning Robinhood about its new tokens for OpenAI & SpaceX. They’re seeking info on legality & investor info. OpenAI says these tokens *aren’t* official equity & have no affiliation with the company. 🧐

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SEC wants revised filings for spot Ethereum ETFs by end of July (redemption & staking details). Review deadline is Oct 10, but pressure mounts for faster approval – Solana ETFs could be approved sooner. (CoinDesk)

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TON Foundation clarifies its visa program (tied to TON staking) isn’t a formal deal with the UAE government. It’s an independent collaboration & still in early stages. Visa issuance isn’t guaranteed & depends on UAE authorities. More info: link to original article - *add link here*

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ETHGlobal Cannes hackathon spotlight! 10 finalists chosen across AI, DeFi & NFTs: BeamPay (multi-chain payments), OnlyDanks (encrypted comms), PolyBet (AI routing) + more! Projects focused on privacy, health data & innovative rewards. #ETHGlobal #hackathon #web3

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⚠️ Scam Alert: "DGCX Xinkangjia" platform falsely claimed ties to the Dubai Gold & Commodities Exchange (DGCX) & is under investigation by Hunan authorities. Investors report withdrawal issues since June 25th. Suspected fraud. #scam #fraud #investment

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Wuxi City is exploring using stablecoins to boost foreign trade – focusing on digital, green & service trade, plus cross-border e-commerce & intermediate goods trade. Meeting held July 4th. #stablecoins #trade #digitaltrade

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Nasdaq-listed mining firm Canaan Technology announced its Bitcoin mining output for June 2025, producing 88 BTC during the month. The company’s Bitcoin holdings increased to a record high of 1,484 BTC as of June 30th.

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DDC Enterprise added 230 BTC to its treasury, now holding a total of 368 BTC. The latest purchase price was $90,764, up 48.3% from their June buy. #Bitcoin #BTC

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MicroStrategy (MSTR) launched an up to $4.2B ATM offering of 10% perpetual preferred stock (STRD) to fund Bitcoin purchases, working capital & preferred stock dividends (STRK/STRF). Details filed with the SEC.

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TrumpMeme ($TRUMP) is expanding from Solana to TRON! 🐸 The memecoin has an $85.9M market cap (1B total supply, $8.59/token) but is down 3.4% this week. #memecoin #TRON #Solana

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Real estate firm Murano (NASDAQ: MRNO) launched a Bitcoin treasury program, buying 21 BTC & joining the “Bitcoin for Corporations” alliance. They also secured up to $500M in funding via a Yorkville agreement, largely for Bitcoin investments. #Bitcoin #BTC

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Trump’s “Great Beauty Act” may increase the US deficit by ~$1.3T over 10 years, per Zhongjin Investment, but tariff revenue could offset some costs. Modest GDP boost (<0.5%) & minimal inflation impact (<0.15%) expected. Despite debt, current strong economic conditions pose no *immediate* risk.

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Circle’s IPO surged 250% in two days (P/E 160), spotlighting stablecoin assetization. Potential regulatory issues could push Tether out of the US, benefiting Circle. MicroStrategy’s Bitcoin treasury strategy faces limited replication due to leverage & long-term risk.

#crypto #blockchain #news #BTC #Bitcoin

OKX is restoring access to previously restricted accounts & encourages affected users to contact support for help. They're upgrading risk controls to reduce errors & improve the review process, aiming for a secure & compliant trading environment. Apologies for any inconvenience! 🛡️

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OKX is verifying info for ~1% of users (source of funds & residency) to prevent abuse, *not* due to investigations. 99% aren’t affected. Provide accurate info if requested – withdrawals won’t be restricted. False positives can occur with VPNs/TOR. Security remains a priority. 🛡️

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Jack Dorsey (Block CEO) is launching “bitchat,” a decentralized, peer-to-peer messaging app! 📱 It uses encryption & a store-and-forward model to work even *without* internet. Currently in TestFlight, the goal is censorship-resistant communication. More info via Wu Blockchain.

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Ethereum devs updated: Fusaka Devnet (Devnet-2/3 for debugging & testing), potential 48kB contract size (EIP-7907), & Blob cap at 6 for stability. Data expiration & “Glamsterdam” upgrade in progress! Details: forkcast.org #Ethereum #DevUpdate

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Grayscale predicts more Ethereum investment & smart contract use if stablecoin regulations become clearer (like with the GENIUS Act). Strong developer activity & scaling solutions position Ethereum well in a changing regulatory environment. #Ethereum #crypto

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EthCC in Cannes spotlighted 10 blockchain trends! Key takeaways: ZK tech focusing on user experience, exploring Ethereum scaling limits (block times & pre-confirmation), and debate around horizontal scaling as *the* future for Ethereum. More info at the source!

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Bitcoin saw a moderate price correction yesterday after a large holder (“whale”) transaction, per @EmberCN. A single address then bought 567.3 BTC (~$61.11M) from Binance at ~$107,708/BTC, signaling buying interest during the dip.

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FTX China creditors face claim hurdles. Hong Kong consults on OTC trading rules. Renminbi stablecoin talks advance. Goldman Sachs predicts Fed rate cuts starting in Sept.

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Sweden’s new law allows authorities to seize assets – including crypto – without a criminal conviction to target illicit gains. $8.4M already confiscated! A proposal suggests adding seized Bitcoin to national strategic reserves. #crypto #Sweden #seizure

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Microsoft suspended 3,000 Outlook/Hotmail accounts tied to North Korean operatives. They’re posing as freelancers to target Fortune 500 companies in a global fraud scheme, seeking data & funds. Microsoft is working with law enforcement to disrupt the activity. (Fortune)

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Meta is reportedly exploring a minority stake acquisition in venture funds led by NFDG, founded by Meta's AI head Nat Friedman & Daniel Gross. Deal would let some investors cash out. Friedman & Gross are scaling back at NFDG. (WSJ)

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House committees will hold “Crypto Week” starting July 14, 2025, reviewing key bills: the CLARITY, Anti-CBDC Surveillance State, & GENIUS Acts. Led by Reps. Hill & Thompson, and House GOP leadership.

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EverQuest co-creator John Smedley’s Distinct Possibility Studios raised $30.5M led by Bitkraft & Brevan Howard Digital to build “Reaper Actual,” a blockchain shooter for Steam & Epic Games Store. It’ll run on Etherlink, a Tezos Layer-2 network. (TheBlock)

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Chain detective ZachXBT reports that individuals connected to the $30 million Zkasino fraud, including WhiteRock Finance founder Ildar Ilham, have been arrested by UAE law enforcement and will be extradited to the Netherlands for criminal proceedings.

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Binance Wallet has announced the 28th exclusive Token Generation Event (TGE) project, PalioAI (PAL). The subscription period is scheduled for July 7th, 4:00 PM to 6:00 PM (UTC+8), and eligible users must participate using their Binance Alpha integration. Further details will be released separately.

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Tianyang Tech (300872.SZ) is collaborating with stablecoin issuers, exchanges & banks to integrate support for stablecoin & crypto payments into its credit card products & global payment ecosystem. (via First Finance)

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PancakeSwap smashed records in June '25 with $325B in trading volume – a new all-time high! 🥞 Q2 volume hit $529B, and total volume now exceeds $1.8T. Growth fueled by PancakeSwap Infinity, cross-chain trading & Ethereum activity. 🚀

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