MetaEra

The state of Pennsylvania in the United States has passed the 'BTC Rights Act', which allows individuals and businesses to custody digital assets and operate blockchain nodes for trading without being interfered by restrictive municipal regulations. The state has also proposed the 'Strategic BTC Reserve Act', which will allow the state treasurer to allocate 10% of the fund to BTC and cryptocurrency-based exchange trading products. This move has sparked both attention and controversy, with supporters believing that BTC has the potential to hedge against inflation and have long-term asset growth, while critics argue that cryptocurrency price fluctuations and security vulnerabilities may bring risks.

Network3 will launch the TGEToken generation event and accompany the first round of Token Airdrop, aiming to encourage more users to join its Decentralization AI ecosystem, accelerate the popularization and application of Edge Computing and Decentralization AI technology, and achieve the democratization of the global AI industry. The platform has raised $5.5 million in funding and is continuously expanding its network infrastructure, forming important business partnerships.

Solana hits a new all-time high, surpassing $260 with a market capitalization of over $122.5 billion, becoming the second public chain to enter the trillion-dollar club after Ethereum. Various ecosystem projects have also experienced a major boom. In addition, Solana's overall data performance is impressive, with active wallet addresses skyrocketing from 1 million to a peak of 8.8 million. Tokens such as BONK, WIF, POPCAT, PUNT with a market capitalization of over $1 billion are included. Currently, the SEC is processing the S-1 application for SOL spot ETF, and Chris Giancarlo, known as the 'father of encryption,' is expected to become the new SEC chairman. Trader Eugene believes that the price of SOL will be between $500 and $1,000. VanEck predicts that the price of Solana will reach $330, skyrocketing to 50% of Ethereum's market capitalization at that time.

BTC hits a new all-time high, but Phishing and scams still persist. Attackers primarily target the Ethereum network, with Stable Coin playing a major role. USDT is the most rampant Token being attacked, with over $112 million stolen, followed by ETH and DAI as the second most affected Tokens. Approving Phishing and NFT zero-dollar purchases are more complex yet frequent attack methods. Wallets with smaller transaction amounts face greater risk of theft. Both cryptocurrency networks and investors need to enhance security measures to ensure safety.

CoinDesk 20 Index pumped 4.8%, with 17 trading prices pumping. BCH and ETC performed the best, pumping 13.1% and 9.4%, respectively. RENDER and XLM performed the worst, with decreases of 0.7% and 0.5%, respectively. The CoinDesk 20 Index is a comprehensive cryptocurrency index designed to consider liquidity, diversity, and convenience. It tracks the performance of top digital assets and enhances portfolio diversity.

Huaying Holdings and Zodia Custody have reached a strategic cooperation to provide secure, compliant digital asset custody services. Zodia Custody will become one of Huaying's multiple custody providers, offering customers more choices and further enriching customer options in digital asset custody through additional security layers and bank-level compliance. The two parties will explore cooperation opportunities to maximize synergies and capture the rising investor demand in the region.