BTC breaks through the $108000 mark

According to Solscan data, Circle cast approximately 250 million USDC on the Solana blockchain at 3:13 am Beijing time on July 3rd.

According to Foresight News, Nexus, a company dedicated to achieving verifiable computation through cryptography and zero knowledge proofs, has announced in a tweet that it has sent 10000 reward points to Testnet III's first week contributors, which users can claim on the Nexus OS dashboard.

According to the Financial Times, PayPal co-founder Peter Thiel and other tech billionaires plan to establish a bank called Erebor, focusing on serving startups in the fields of cryptocurrency, artificial intelligence, manufacturing, and defense technology. Erebor has applied for a national banking license from the Office of the Superintendent of the Currency in the United States. The bank aims to fill the market gap left by the collapse of Silicon Valley Bank (SVB). It is reported that SVB has provided services to cryptocurrency companies including BlockFi, Circle, and Avalanche, as well as other venture backed startups, but went bankrupt in 2023 due to financial investment mistakes. Erebor was led by Palmer Luckey, co-founder of defense technology company Anduril, and supported by Founder Fund founded by Joe Lonsdale and Thiel, co founders of Palantir. The two co CEOs are Owen Rapaport, co-founder of software company Argus, and Jacob Hirshman, former Circle consultant. Erebor plans to include stablecoins in its balance sheet, but the specific currency has not yet been identified.

Odaily Daily News - Even Herd CEO Sam Juruns stated in an article on X platform that if Robinhood successfully launches a stock token, it will actually eliminate 90% of financial intermediaries, especially Robinhood's proposal to "tokenize everything for free" to accelerate this process. However, Eric Balchunas, a senior ETF analyst at Bloomberg, questioned Robinhood's promotional rhetoric, stating that although Robinhood's stock price has risen 338% in the past 12 months, if investments can already get everything for free through ETFs (investing in regulated large investment vehicles), there is actually no need to switch to Robinhood (24-hour trading or instant settlement is not an advantage because 99.9% of investors don't care about these).