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Tokenized Stock Platform xStocks Records $7.73 Million Trading Volume on Its Third Day, Surpassing S&P 500 Trading Volume

7 hours ago

On July 3rd, according to Dune data, the stock tokenization platform xStocks established by Backed witnessed a trading volume of $7.73 million on the third day of its launch, and the trading volume continued to increase. Furthermore, the platform's Daily Active Users (DAU) decreased compared to the previous day, reaching 4,215 users, with a total of 14,560 transactions. In terms of trading pairs, the trading volume of the S&P 500 Index reached $4.25 million, ranking first, followed by Tesla and Circle stock tokens.
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Binance Wallet Exclusive TGE Launch Palio (PAL)

On July 3rd, according to official channels, Binance Wallet exclusively made Palio (PAL) available in the 28th TGE. · Subscription Period: From 4:00 PM to 6:00 PM (UTC+8) on July 7, 2025. · Subscription Qualification: Eligible users must participate by using Binance Alpha Points. An additional 40,000,000 PAL will be set aside for future events, and the specific details will be announced later.

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US Stock Market: HOOD Pre-market Down by About 2%, Earlier OpenAI Denied Any Association with Robinhood Coin

On July 3rd, based on market data, the stock of Robinhood (HOOD.O) dropped by approximately 2% in the pre-market. Previously, OpenAI refuted any association with the Robinhood token. BlockBeats had previously reported that OpenAI officially issued a statement denying the authorization of Robinhood to launch any tokenized stocks, such as the so-called "OpenAI Token", which is not a form of company equity. OpenAI also stated that they have not formed any partnership with Robinhood or endorsed any related projects. OpenAI emphasized that any transfer of company equity must obtain official approval, and currently, the company has not approved any such transactions and urged the public to be cautious.

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Jupiter Core Working Group (CWG) Announces Disbandment, Returning 4.5 Million JUP to the DAO

On July 3rd, Jupiter announced on social media that following a comprehensive assessment, it has confirmed that the original 4-year CWG mission has been largely completed as the DAO enters a 6-month voting suspension and reset period. Although there are still a few remaining items, the current DAO ecosystem has evolved to a stage where the originally envisioned core working group is no longer necessary - the functional framework of CWG was designed for a DAO era different from the present. Morten will join the Jupiter team on a full-time basis as an Operations and Quality Control Engineer. Kemo will return to lead his project Radiants while maintaining his community membership. The remaining members will complete the work handover within two weeks. The CWG has decided to fully refund 4.5 million JUP tokens to the DAO treasury.

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Binance's latest Alpha (ECHO) airdrop data: 60% of accounts have sold their allocation, with individual profits reduced to only $13 after a price drop

On July 3rd, according to the data from litangdingzhen.me, the total number of participants eligible for the Binance Alpha (ECHO) airdrop in the latest round is 32,000. Out of these, 19,247 participants have sold the airdropped tokens. After the token price drop, the current single-order profit is only $13. The total supply of ECHO in this Alpha airdrop is 20,000,000 tokens, and there are approximately 40,000,000 tokens remaining in the Binance wallet. Each participant received 625 tokens, and the potential second-stage participants are 9,865, making the airdrop's total value around $449,091. Note: The remaining tokens in the Binance wallet are reserved by Binance for future activities and are not all directly related to the current airdrop event.

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Binance Alpha Launchpad Introduces a New Pre-Certification Step, Allowing Face Verification to be Waived Within 30 Minutes

On July 3rd, Binance officials declared that prior to the commencement of the Impossible Cloud Network (ICNT) token trading rush phase, a pre-check could be carried out within the first 15 minutes. If passed, face verification could be exempted within 30 minutes.

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Robinhood's Bitstamp Secures Singapore MAS License, Expands into Asia-Pacific Market

July 3rd. As per official channels, the cryptocurrency exchange platform Bitstamp, which is owned by Robinhood, declared that it has received a Major Payment Institution license from the Monetary Authority of Singapore (MAS), signifying its expansion into the Asia-Pacific region.

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