According to Bitcoin.com, Russian President Vladimir Putin announced that now is the time for Russia to create the necessary environment for increasing digital assets and adopting the Russian CBDC (digital ruble). Over 30,000 transactions have already been conducted in the pilot testing phase of the digital ruble, with over 7,000 transactions constituting payments for goods and services.According to the Russian official news agency TASS, Putin said, "As they say, Russia must 'seize the moment,' timely establish a legal framework and regulations, develop infrastructure, and create conditions for the circulation of digital assets domestically and in cooperation with foreign partners."

According to official information from BNB Chain, it has completed its second Sunset fork. The second Sunset fork will migrate the BNB beacon chain staking function to the BNB smart chain, and all assets need to be migrated from the beacon chain to the BNB smart chain. BNB Chain reminds users:1. Staked BNB: If BNB is staked, it needs to be migrated. If it is not migrated before July 14th, the staking will be automatically cancelled and returned to the user's account within 2 weeks.2. BNB and other BEP2 assets: These assets also need to be migrated from the beacon chain to the BNB smart chain. If the assets are not migrated, they will not be transferable after August 15th. If the asset migration is not completed yet, it needs to be done before July 14th.

1, Ethereum L2 TVL rebounds slightly to above $39 billion

Binance released its market insights for July, including:

Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.

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."

Stability AI company has received funding from an investment group led by Sean Parker, with a total investment of over $100 million, but the specific amount has not been disclosed. In addition, Stability AI company also announced a CEO change, with former CEO of visual effects company Weta Digital, Prem Akkaraju, taking over the position.Previously, Stability AI reached a partnership with Render Network to use a decentralized GPU network to massively expand AI training and inference capabilities at a low cost.

The Fantom Foundation posted on social media that the 3rd Sonic governance proposal has been released, which includes ecosystem subsidies, a new token burning mechanism, and innovative programs such as Sonic Spark and Sonic University.It is reported that over the next six years, the Sonic Foundation will allocate a portion of tokens as operating funds for Sonic Labs to manage dApps, BD partnerships, and network growth between existing and new user communities.In addition, if the community decides to control the inflation rate at 1.5% per year over the next six years, 47,625,000 tokens (3,175,000,000 x 1.5%) will be minted each year. If Sonic Labs only uses 5,000,000 tokens that year, the Sonic Foundation will burn the remaining tokens (42,625,000).

According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam.

Curve founder Michael Egorov tweeted that he has fully repaid the $10 million bad debt caused by the UwU Lend security incident that triggered the liquidation of CRV lending positions.