Today's News Tips:

1. FTX has reached a settlement with the CFTC, with the $4 billion claim coming after creditors and interest

2.DOGS: All Telegram Stars from the sale of points will be donated

3. Musk made a donation to a political action committee dedicated to electing Trump as president of the United States

4. The Bitcoin balance of the Germany government wallet address is already 0

5. Lava Network re-launched the Vesuvius airdrop eligibility check page

6. Bitcoin L2 Network Stacks has completed the code writing for the Nakamoto upgrade

7. Bitcoin spot ETFs had a total net inflow of $310 million yesterday, with a cumulative historical net inflow of $15.811 billion

Regulatory News

Musk made a donation to a political action committee dedicated to electing Trump as president of the United States

According to Bloomberg, citing people familiar with the matter, Musk made a donation to a super political action committee (PAC) dedicated to electing Trump as president of the United States. It's unclear how much Musk won't contribute, but people familiar with the matter say the figure is quite large. The PAC must disclose the list of donors by July 15.

United States CFTC, Department of Justice, FBI and other federal agencies will work together to combat crypto fraud

The United States CFTC and the Department of Justice (DOJ) National Cryptocurrency Enforcement Task Force (NCET) held its inaugural Fraud Disruption conference this week to address crypto scams such as pig slaughter. Such scams cost United States billions of dollars each year, making them a key law enforcement focus. Agencies participating in the meeting included United States Federal Bureau of Investigation (FBI), Social Security Administration, United States Department of the Treasury, United States Drug Enforcement Administration (DEA), United States Postal Inspectorate, United States Secret Service, United States Colombia District Attorney's Office, United States Massachusetts Attorney's Office, and United States SEC, among others.

FATF: About three-quarters of jurisdictions have not fully complied with anti-money laundering recommendations for the virtual asset sector

According to the Financial Action Task Force on Money Laundering (FATF), 97 out of 130 jurisdictions are "only partially complying or not complying with" anti-money laundering recommendations for the virtual asset sector. 88 jurisdictions (60%) have decided to allow virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF claims that stablecoins and anonymity-enhancing cryptocurrencies are increasingly being used by terrorist groups and "rogue states."

FTX has reached a settlement with the CFTC, with the $4 billion claim coming after creditors and interest

FTX has reached a settlement with the United States Commodity Futures Trading Commission (CFTC), and the CFTC's $4 billion claim will be ranked behind all creditors and interest, according to documents forwarded on platform X by FTX's creditors on behalf of Sunil. Payments to the CFTC will be transferred to the Supplemental Relief Fund for payments to those who have been harmed (cryptocurrency holders) (only if funds are sufficient).

AI

OpenAI is developing a new AI model codenamed "Strawberry".

According to Reuters, citing people familiar with the matter, ChatGPT developer OpenAI is developing a new artificial intelligence model in a project codenamed "Strawberry". The program is ongoing, and it is currently impossible to determine how far "Strawberry" is from being marketed. People familiar with the matter said that even within OpenAI, how "Strawberry" works is a strictly guarded secret. It is reported that an internal OpenAI document describes a project using Strawberry models to enable the company's artificial intelligence not only to generate answers to queries, but also to plan well in advance and navigate the internet autonomously and reliably to perform what OpenAI calls "deep research."

Project News

Issuers such as BlackRock, BUIDL, and Ondo plan to apply for MakerDAO's $1 billion Treasury Bond Tokenization Program

BlackRock's BUIDL, Superstate and Ondo Finance plan to apply for MakerDAO's $1 billion Treasury tokenization program. According to previous news, MakerDAO announced the official launch of the Spark Tokenization Grand Prix, with the goal of tokenizing $1 billion in real-world assets (RWA) and introducing it to MakerDAO. The competition is open to all innovators and issuers, and selected partners will receive up to $1 billion in liquidity support.

The OTF will fully open the Bittensor mainnet today and release Bittensor version 7.3.0

The OpenTensor Foundation tweeted an update on Bittensor's progress this morning:

1. Restore the normal operation of Bittensor: In less than an hour, the OTF will fully open the Bittensor mainnet;

2. The testnet does not need to be updated today;

3. Bittensor 7.3.0 will be released today, which will introduce the following changes:

• Consensus-based weighting features are now available in the "master" branch;

• The new BTCLI command option check_coldkey_swap will enable users to check the time remaining before a scheduled ColdKey Swap is executed on-chain, or to see if it is in quorum state.

Lava Network has re-launched the Vesuvius airdrop eligibility check page

Lava Network, a developer of modular blockchain infrastructure, tweeted that the Vesuvius airdrop eligibility check page has been re-launched with the following changes:

• code now verifies that the wallet submitted by the user is a valid Lava wallet (checks if it is eligible and looks at the message);

• For those users who have submitted invalid addresses, the new page now provides another process to reclaim and overwrite addresses;

• This is the address to which LAVA was sent when it was launched on the public mainnet;

• Pasting addresses is no longer allowed, and in order to improve UX, users must connect a valid Keplr Wallet/Leap Cosmos wallet.

Bitcoin L2 network Stacks has completed the code for the Nakamoto upgrade

The Stacks Foundation, the foundation of the Bitcoin L2 network Stacks, said on the X platform that Nakamoto's code writing has been completed ahead of schedule (July 15) and is currently undergoing internal and external audits, testing, and bug fixes. It is reported that the Nakamoto upgrade will separate Stacks' block production schedule from Bitcoin's, and will introduce a new Stacks block production method to update its proof-of-transfer consensus algorithm. The Stacks Nakamoto upgrade will be able to achieve transaction speeds of around 5-10 seconds, which is about 100 times faster than the current transaction speed.

DOGS: All Telegram Stars from the sale of points will be donated

DOGS, a TON-based MEME project, said that the campaign to buy DOGS points with Telegram Stars will end on July 15, and all Telegram Stars will be donated to charities, which will be voted on by the community. DOGS previously had a built-in Telegram Stars purchase feature with a 1:1 exchange ratio, and Telegram Stars could be purchased directly through fiat currency.

IMPORTANT FIGURES

The Bitcoin balance of the Germany government wallet address is already 0

According to Arkham's monitoring, the Bitcoin balance of the Germany government wallet address has been depleted. The address sent 3,846.05 BTC (about $223.81 million) to Flow Traders and 139Po (possibly institutional deposit/OTC services) in the early hours of this morning, and the current Bitcoin balance in the address is 0.

Whale groups with 10,000-1 million LINK holdings have increased their holdings by a total of 9.2 million LINK since June 24

Santiment tweeted that in the current market, Chainlink's key stakeholders holding 10,000-1 million LINK have been accumulating a lot. Since June 24, the group has increased its holdings by 9.2 million LINK, increasing its total holdings by 4.65%.

Bitcoin spot ETFs had a total net inflow of $310 million yesterday, bringing the cumulative net inflow to $15.811 billion

SoSoValue data shows that yesterday (July 12, Eastern time), the total net inflow of Bitcoin spot ETF was $310 million, of which grayscale GBTC had a single-day net inflow of $23.0081 million, and the current historical net outflow of GBTC was $18.638 billion. The Bitcoin spot ETF with the largest single-day net inflow is BlackRock IBIT, with a single-day net inflow of $120 million, and the current total historical net inflow of IBIT is $18.262 billion. It was followed by Fidelity FBTC, with a single-day net inflow of $115 million, and the current total historical net inflow of FBTC reached $9.719 billion. Up to now, the total net asset value of Bitcoin spot ETF is $51.338 billion, the ETF net asset ratio (the proportion of market value to the total market value of Bitcoin) has reached 4.52%, and the historical cumulative net inflow has reached $15.811 billion.

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