According to Spot On Chain monitoring, methyltryptamine.eth sold 10 billion PEPE (about $112,000) at 32.73 ETH about 5 hours ago. It is worth noting that methyltryptamine.eth was an early PEPE buyer who turned $45,000 into $26.7 million (+58.6K%). Currently, the whale holds 1.99 trillion PEPE (about $21.9 million).

On July 3, OKX Ventures announced an investment in Lombard. Lombard is a Babylon-based solution that provides cross-chain liquidity staking of Bitcoin. Lombard's flagship product is LBTC. Lombard works with Babylon, whose staking protocol allows Bitcoin assets to be staked in a trustless and self-custodial manner, providing economic security for proof-of-stake (PoS) systems. Through Babylon, staked Bitcoin assets are converted to LBTC, allowing them to be integrated into the most commonly used DeFi protocols on the Ethereum mainnet and future popular Layer 2 chains. LBTC moves seamlessly across chains and is used as collateral in decentralized finance, aiming to unlock more than $1.3 trillion in Bitcoin for lending and trading. This move will not only bring new capital opportunities to Bitcoin holders, but will also drive the growth of various ecosystems and DeFi protocols, thereby enhancing Bitcoin's utility and liquidity.

Regarding Polkadot's first-half financial report, Fabian Gompf, CEO of Web3 Foundation, a Polkadot development organization, wrote on the X platform: "This is not an expenditure of the Web3 Foundation, but an on-chain Treasury expenditure, which is determined by community voting. Even if the foundation does not sell any DOTs, it has more than 5 years of operating funds (runway). The whole concept of on-chain Treasury's 'operating funds' is misleading. The Treasury has a continuous inflow of funds and will never run out of funds. I think the Treasury should use its funds for more forward-looking initiatives not covered by the foundation. Even some of the unspent on-chain Treasury funds will be automatically destroyed. In the past few months, the on-chain Treasury has spent too much money on activities that may have lower returns. Polkadot community, if you want change, now is the time to vote."

PolkaWorld released a brief summary of the Polkadot official live broadcast on the X platform last night to discuss the treasury spending 87 million: - Web3 Foundation CEO Fabian Gompf (@FabianGompf) said: 1. There are different entities in the Polkadot ecosystem that deploy capital, mainly the on-chain treasury and the foundation. 2. Foundation-funded projects may not be very eye-catching, while the treasury should fund more avant-garde and more attention-grabbing projects. 3. The treasury spends a lot of money on critical infrastructure, but in recent months, the on-chain treasury has indeed spent too much on low-return activities. -@seunlanlege: 1. Polkadot is a developer platform and should spend most of its funds on developer programs such as developer grants and hackathons. 2. Analogous to NVIDIA's approach, Polkadot should invest in developers and development tools rather than sports sponsorships or other marketing activities. 3. It is very important to provide funding for new ideas and experimental projects because it is difficult for external investors to support these teams without initial funding. 4. Compared with the current marketing promotion that is mainly aimed at retail users, we should focus more on developers. -@giottodf 1. It is not a good idea to directly fund developers because it is difficult to evaluate which projects will succeed. 2. Show the openness of the Polkadot ecosystem through marketing to attract venture capital to invest in developers instead of directly funding developers. 3. Emphasize that the funds in the treasury are constantly replenished through inflation, so there is no need to worry about running out of funds. 4. It is believed that a volatility effect should be created through marketing to attract venture capital to invest in Polkadot projects. -@pambamdam 1. Disagree with Giotto's point of view, because crypto venture capital prefers to invest in projects from zero to one rather than already public protocols. 2. It is believed that Polkadot, as a protocol that has been running for 5 years, faces challenges in attracting venture capital because venture capital prefers early investment. 3. Mentioned that Polkadot's treasury needs to make up for the gap in the ecosystem fund. 4. If there will be no new token sales or Jam tokens, it is recommended to attract important VCs through a treasury-funded token sale, selling to the most important VCs at a huge discount but with a long lock-up period to ensure their long-term participation.

The self-proclaimed hacker behind Sydney Sweeney’s X account also claims they were behind similar recent hacks on 50 Cent and Hulk Hogan. source: https://cointelegraph.com/news/sydney-sweeney-x-account-promotes-crypto-memecoin

이더리움 유동성 스테이킹 플랫폼 이더파이(ETHFI) 다오(DAO)가 이더리움 메인넷에 ETHFI 스테이킹 컨트랙트를 배포하는 내용을 담은 제안을 발표했다. 컨트랙트가 배포되면 이용자는 이더리움 메인넷에 ETHFI를 스테이킹해 보상 포인트를 얻을 수 있다. 투표는 5일간 진행된다.

According to on-chain analyst @ai_9684xtpa, the UNI whale is suspected of clearing out nearly 470,000 UNIs bought a month ago, and will lose $370,000 if sold. The whale had opened a position of 469,177 UNIs at an average price of $10.53 between 05.26 and 06.04, and then sold 200,000 of them on 06.06. Nine hours ago, all the remaining tokens were recharged to Binance at an average recharge price of $9.74.

Onchain Highlights DEFINITION: Spot Cumulative Volume Delta (CVD) measures the net difference between buying and selling trade volumes, specifically highlighting the difference in volume where the buyer or seller was the aggressor. It includes trades where USD or USD-related currencies serve as the quote currency, encompassing both fiat and stablecoins.  Bitcoin’s Spot Cumulative Volume Delta... source: https://cryptoslate.com/insights/bitcoin-spot-volume-data-shows-significant-buying-pressure-pre-halving/

OKX market data shows that ETH fell below 3400 USDT and is currently trading at 3395.44 USDT, with a 24-hour drop of 1.54%.

Bitwise official data shows that as of July 2, its Bitcoin spot ETF (BITB) held 38,069.29 BTC, 109 less than the previous trading day, with a market value of $2,359,937,732.45. The current circulation of BITB is 69,850,000 shares.

Worldcoin faces global sanctions over privacy concerns, with bans in multiple countries including France, India, Hong Kong, and Brazil. Despite its ambition to offer universal financial access, questions remain about its approach and regulatory compliance.

Nigeria's EFCC froze over 1,100 crypto traders' accounts due to alleged currency manipulation and money laundering, intensifying concerns about crypto regulation. While the CBN denies a crypto ban, the EFCC's actions and regulatory uncertainties cast a shadow over Nigeria's crypto future.

Worldcoin faces an orb shortage as demand for its iris-scanning technology surges. Despite challenges, Worldcoin aims to revolutionise finance through biometric authentication and blockchain innovation.