Odaily Planet Daily News shows that Bitmine closed at $135 yesterday, up more than 30 times from the closing price of $4.26 the day before the announcement of the Ethereum reserve strategy. Earlier, New York Stock Exchange-listed BitMine Immersion Technologies announced pricing and signed a private placement agreement to purchase and sell 55,555,556 shares of common stock at $4.50 per share, and is expected to raise $250 million to launch the ETH financial strategy.

According to Foresight News, China Minmetals Corporation has issued a statement alerting the public to fraudulent activities involving the misuse of its name and that of its subsidiaries. The company has identified unauthorized actions, including product sales and other activities, falsely conducted under its brand. Preliminary investigations reveal that there is no affiliation between China Minmetals and entities claiming to be Minmetals Northern Marketing Center or Minmetals New Quality Energy Industry Group. Additionally, the company clarified that it has no connection with individuals named Liang Hongjun and Hu Changfeng, who have been associated with these fraudulent operations. China Minmetals emphasized that neither it nor its subsidiaries have engaged in international gold or Bitcoin investment businesses through websites or WeChat public accounts. The corporation urges the public to remain vigilant and verify the authenticity of any communications or business dealings purportedly involving its name.

Odaily Planet Daily News: Sunil, a representative of FTX creditors, posted on the X platform that FTX is seeking legal advice to distribute to restricted foreign jurisdictions. However, if it is determined that the user belongs to a restricted foreign jurisdiction, the claim will be disputed, and if the issue is not resolved, (the user) will lose the right to distribute. Sunil said that 5% of the claims involve restricted countries and 82% of the claimed funds belong to Chinese users.

The study will examine whether stablecoins are suitable for modernizing payments and cross-border finance in Japan. source: https://decrypt.co/328372/japans-minna-bank-stablecoins-solana-fireblocks-study

Trump’s Digital Asset Advisory projects the crypto industry may reach up to $20 trillion with new legislation. source: https://coincu.com/346717-stablecoin-legislation-boosts-crypto-market

According to Foresight News, U.S. Treasury Secretary Besent has indicated that upcoming stablecoin legislation is expected to increase demand for U.S. Treasury bonds. This development is seen as a significant move in the financial sector, potentially impacting the broader economic landscape.

Odaily Planet Daily News CryptoSlam data shows that the sales of NFTs on the Ethereum chain in June were only about 100,148,795.05 US dollars, setting the lowest monthly sales record since February 2021. Last month, the sales volume of NFTs on the Ethereum chain was about 549,000. So far, the total sales of NFTs on the Ethereum chain has reached nearly 46 billion US dollars, and the total number of transactions on the chain has reached 55.1216 million.

JPMorgan expects stablecoin growth to reach only $500 billion by 2028, calling trillion-dollar forecasts overly optimistic. source: https://cryptonews.com/news/jpmorgan-stablecoin-outlook-500b-2028/

According to BlockBeats, on-chain analyst Ai Yi (@ai_9684xtpa) has reported that the trader known as @qwatio has increased their short position in Bitcoin. Early this morning, the trader added 21.04 BTC to their short position, bringing the total position value to $30.48 million. Despite this increase, there remains a significant risk of liquidation.

Odaily Planet Daily News iM Bank has submitted 12 trademark applications related to the Korean won stablecoin, including "iMKRW", "iMST", "KRWiM", etc., reflecting its combination layout around KRW and the bank's new name iM. Previously, iM Bank has joined the Open Blockchain and DID Association (OBDIA) and participated in the Stablecoin Division. The bank said that it intends to advance the development strategy of digital financial services after the institutionalization of the Korean won stablecoin through trademark pre-occupancy and technology internalization. (newsis)

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.”

This article will take Tether’s strategic layout in Thailand as the starting point to summarize the characteristics of Thailand’s market regulation of digital assets.

OpenAI, Robinhood, OpenAI "fights fraud" Robinhood: Revealing the four major controversies behind stock tokenization Golden Finance, can unlisted stocks be tokenized? Does the token correspond to real equity?

The rise of RWA is no longer just a new round of hype in the crypto narrative. It indicates that on-chain finance is moving from relying on native inflation incentives and technical experiments to an era of "real finance" supported by real cash flow, compliance mechanisms and institutional trust.

Against the backdrop of the accelerated digital transformation of the global financial system, why countries and institutions are embracing stablecoins has become a hot topic that has attracted much attention.

U.S. stocks, Is the tokenization of U.S. stocks a "bubble" or a "cure"? Golden Finance, How far can stock tokenization go?

The real watershed for Ethereum’s move toward large-scale mainstream application may be approaching.