According to Cointelegraph, DeFi Development Corp. experienced a significant stock surge, climbing 17% on Thursday following the announcement of its $2.7 million Solana purchase as part of its treasury strategy. This acquisition involved 17,760 Solana (SOL) tokens at an average price of $153.10 per coin, bringing the company's total Solana holdings to 640,585 SOL, valued at approximately $98 million. The company plans to hold these tokens long-term and stake them to generate yield. This move comes after DeFi Development Corp. revealed its intention to raise $112.5 million, as part of its June business update. Investors responded positively to these developments, with DeFi Development Corp.'s stock (DFDV) rising nearly 17% to $23.80 during Thursday's trading session. The stock continued its upward trajectory, increasing by another 0.8% in after-hours trading to close at $24. This marks a 30% increase from its intraday low of $18.47 on Wednesday. Year-to-date, the stock has soared by over 2,733%, although it remains 33% below its May 21 peak of $35.53. Despite these gains, the company reported a 30% year-on-year decline in net revenue for the March quarter, alongside a 15.5% drop in net profit margin. In a letter dated July 2, addressed to shareholders, DeFi Development Corp. emphasized its commitment to maintaining capital flexibility and safeguarding investors from short-term liquidation risks. The company assured that its balance sheet is structured to endure prolonged drawdowns and support long-term NAV/share durability. On Wednesday, the company announced plans to raise $112.5 million through private placements, with the offering expected to close on Monday. Of the net proceeds, $75.6 million will be allocated to fund a prepaid forward stock purchase transaction, while the remaining funds will be used for general corporate purposes, including further Solana acquisitions for its treasury.

Key Takeaways:Nano Labs has started building a $1B BNB treasury, aiming to accumulate up to 10% of BNB’s circulating supply.The company has already acquired $160M worth of BNB and Bitcoin.SkyBridge Capital’s Anthony Scaramucci warns crypto treasuries may lose investor appeal over time.Chinese Firm Nano Labs Kicks Off Plan to Acquire 10% of BNB SupplyChinese microchip company Nano Labs has officially begun its bold plan to accumulate up to 10% of BNB’s circulating supply, starting with a $50 million purchase of Binance’s native token. The firm reaffirmed its long-term goal of acquiring up to $1 billion worth of BNB, aiming to hold between 5% and 10% of total circulation.The latest purchase brings Nano Labs’ crypto holdings to approximately $160 million, split between BNB and Bitcoin, the company confirmed on Thursday.Nano Labs, founded in 2019 by Kong Jianping and Sun Qifeng, specializes in high-throughput and high-performance computing chips. It went public in 2022 after both founders served on the board of Singapore-based hardware firm Canaan.

Speaking at a central banking conference in Sintra, Portugal, Lagarde emphasized that stablecoins have the potential to erode the authority of central banks and blur the lines between private and public money.

Odaily Planet Daily News According to the monitoring of on-chain data analyst @ai_9684xtpa, the "insider whale" once again added 43.19 BTC, worth $4.7 million. Its current positions are as follows: BTC 40x short position: 216.07 positions, worth $23.56 million, opening price $107,380.1; ETH 25x short position: 4446.81 positions, worth $11.39 million, opening price $2452.03.

Odaily Planet Daily News: Impossible Cloud Network (ICN), a decentralized cloud platform headquartered in Zug, Switzerland, announced the completion of 28.8 million euros in financing, with the latest valuation reaching 398 million euros. This round was led by NGP Capital, with participation from 1kx, Protocol Labs and others. ICN also launched its native token ICNT and plans to list on multiple centralized exchanges such as Binance and Kraken. ICN is committed to building a permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants such as AWS.

The US lawmakers have said that mid-July will create a clear regulatory framework for digital assets and protect financial privacy. … source: https://coinpedia.org/news/americas-crypto-week-set-for-mid-july-to-advance-key-blockchain-bills/

According to the official announcement, Binance will launch BULLAUSDT perpetual contracts at 09:00 (UTC) on July 4, 2025, and IDOLUSDT perpetual contracts at 09:15 (UTC), both supporting up to 50x leverage. (This newsletter is generated by AI)

Many crypto projects promise financial inclusion in Africa, but without local insight or long-term commitment, they often fail to deliver meaningful impact. source: https://cryptopotato.com/africa-doesnt-need-another-wallet-app-it-needs-a-seat-at-the-table-op-ed/

Odaily Planet Daily News According to the official announcement, Upbit has listed STRIKE as a trading warning project and deposit services will be suspended. It is reported that when designated as a trading warning project, Upbit usually conducts a detailed review of the digital asset to determine whether to extend, cancel or ultimately terminate trading support. The relevant page shows that STRIKE is the reception protocol Strike token.

Economist and trader Alex Krüger is outlining three catalysts that he believes could propel Bitcoin (BTC) to a massive rally. Krüger tells his 211,500 followers on the social media platform X that the “upcoming Bitcoin breakout will be explosive. source: https://dailyhodl.com/2025/07/04/economist-alex-kruger-outlines-three-bullish-catalysts-for-bitcoin-says-upcoming-btc-breakout-will-be-explosive/

null source: https://x.com/DaanCrypto/status/1941030316522471510

An Australian crypto billionaire was nearly kidnapped in Estonia by a gang posing as workers. He escaped by biting off one attacker’s finger, and the gang’s plan to steal his crypto failed.

A successful token launch is a full-stack strategy that takes into account product traction, community scale, and compliance readiness.

A widespread cybercriminal campaign is actively targeting Mozilla Firefox users with more than 40 fake browser extensions designed to steal cryptocurrency wallet credentials, with the most recent extensions being uploaded just last week.

A new private club in Seoul with a KRW 1 billion annual fee reportedly excludes people who made money from cryptocurrency and those with many tattoos. Despite its high price, membership is selective and requires recommendations, aiming for a traditional, exclusive image.

The US Justice Department has launched a criminal investigation into a former employee of DigitalMint, a Chicago-based firm specializing in ransomware negotiations and cryptocurrency payments.

Golden Finance launches the 2744th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Cohen built GameStop into the 14th largest bitcoin holder with the same ease with which he built Chewy from scratch and bought it for $3.35 billion.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

How two regulatory actions can turn the “biggest risk” in the crypto space into the “safest bet.”