2. Bitcoin scaling network Mezo completes $7.5 million in financing, led by Ledger Cathay Fund
4. Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched
8. Polymarket adds new Olympics category
10. Russia introduces bill to regulate cryptocurrency mining
According to Farside Investors, the cumulative net inflow of the US Bitcoin spot ETF has exceeded $17.5 billion since its launch. Among them, BlackRock's IBIT has a cumulative net inflow of $19.727 billion, Fidelity's FBTC has a cumulative net inflow of $9.992 billion, and Grayscale's GBTC has a cumulative net outflow of $18.814 billion.
On July 27th, according to a report from Hong Kong Wen Wei Po, Sit Li Kin Wah, chairman of the Hong Kong Wireless Technology Industry Association, stated that despite Hong Kong companies falling behind their Asian counterparts in the adoption of emerging technologies such as artificial intelligence/machine learning, augmented reality (AR)/virtual reality (VR)/mixed reality (MR), and blockchain, 85% of surveyed Hong Kong companies still plan to or have already adopted artificial intelligence, which is comparable to the 93% in other Asian regions but still slightly behind. In other aspects, the survey found that 21% of surveyed Hong Kong companies are developing blockchain/smart contracts/GameFi for the first time.
Binance has completed the token swap and rebranding of Render (RNDR) to Render (RENDER), and has opened up deposit and withdrawal services for the new RENDER token. Binance has opened spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL on July 26, 2024 at 16:00 (UTC+8). Binance will use RENDER as the Render code; the tokens have been distributed at a ratio of 1 old RNDR = 1 new RENDER.
Hong Kong stock market data shows that as of the close of trading at 16:20 today, the turnover of 6 Hong Kong virtual asset ETFs was HKD 28.1091 million, including: Huaxia Bitcoin ETF (3042.HK) with a turnover of HKD 9.59 million, Huaxia Ethereum ETF (3046.HK) with a turnover of HKD 1.66 million, Jiashi Bitcoin ETF (3439.HK) with a turnover of HKD 3.02 million, Jiashi Ethereum ETF (3179.HK) with a turnover of HKD 4.25 million, Boshi HashKey Bitcoin ETF (3008.HK) with a turnover of HKD 9.01 million, and Boshi HashKey Ethereum ETF (3009.HK) with a turnover of HKD 0.5791 million.
Social media platform X is undergoing review by the Irish Data Protection Commission (DPC). There have been widespread reports that default settings changes allow users' X data to be included in the training of the artificial intelligence chatbot Grok. Recently, DPC told TechCrunch: "DPC has been in contact with X on this matter for several months, with the most recent interaction taking place yesterday. Therefore, we are surprised by the current developments. We have followed up with X today and are awaiting a response, and expect to further engage with them early next week." (Cointelegraph)
On July 27th, Vitalik Buterin refuted Péter Szilágyi, the team lead of Ethereum, who claimed that the research team fully accepted any centralized idea as long as it can be verified. Buterin stated, "I just attended the EF research workshop last week, and I can confirm that this is incorrect. We discussed various topics to minimize centralization, including:
* In-depth analysis of multi-proposers to see if the builder role can be completely eliminated;
* Maximizing the power of inclusion lists (FOCIL);
* Ideas about fork selection depending on transaction inclusivity;
* Analysis of Orbit SSF and ideas to accelerate the deployment of Orbit mechanisms, which may reduce the minimum deposit threshold by more than 10 times before we conduct SSF;
* Distributed block construction for PeerDAS;
* Network analysis and bandwidth optimization for PeerDAS and fullDAS;
* More partially automated methods to recover from 51% attacks, reducing dependence on the 'social layer';
* Ensuring that inclusion lists are fully applicable to (i) blobs and (ii) native account abstractions (such as EIP-7560) transactions."
Earlier today, Szilágyi expressed concerns about the direction of Ethereum's development on social media, specifically regarding the PeerDAS proposal to increase the Ethereum blob size to 32 MB. Szilágyi believes that the PeerDAS upgrade will hinder home stakers (usually those with simpler computing setups) from participating in the Ethereum network, which goes against the spirit of decentralization.
Szilágyi wrote on X, "Ethereum researchers are 'killing' home stakers in front of everyone. This is not what I expected when I joined Ethereum. Now I am happy to prove that this is not the case, but I think Ethereum is losing its main line. The research team seems to fully accept any centralized idea as long as it can be verified. This is a joke: decentralized verification but centralized control."
Scroll's ecological lending platform Rho Markets announced on X that it has completed an analysis of recent security events and implemented a protection plan to prevent similar events from occurring in the future. In addition, Rho Markets has introduced the RXP Compensation Boost compensation plan for the community, providing a three-day bonus of triple interest rates for suppliers and a four-day bonus of quadruple interest rates for borrowers based on their asset supply and borrowing activities on Rho Markets during the event.
According to a preview of Gemini's 2024 cryptocurrency status survey, one-fifth of surveyed Americans own cryptocurrency. The survey also showed that among Americans who own cryptocurrency, 73% of them "plan to consider candidates' positions on cryptocurrency when voting for the next US president".
The survey was conducted by data-driven consulting group Gemini and surveyed 1,200 Americans between May 23, 2023 and June 28, 2024, with 233 cryptocurrency holders being part of the surveyed 1,200 Americans.
Gemini also found that 38% of Americans who do not own cryptocurrency said they are concerned about how the law applies to the industry, which makes them unwilling to participate. The survey showed that nearly half of the non-cryptocurrency holders surveyed said that cryptocurrency needs to be more regulated.
LSDFi Protocol Hydro Protocol announced on X that the synthetic dollar protocol Injera has distributed 2 million ERA tokens to the Hydro community through an airdrop. Details will be announced next week.
