North Star: Signs Cooperation Agreement with Guofu Quantum, Focusing on Virtual Assets and Digital Currency Business

On July 4th, according to AXIOS, Ondo Finance and Pantera Capital have joined forces to initiate "Ondo Catalyst" and plan to invest $250 million in the tokenization of Real World Assets (RWAs). Ondo Catalyst aims to promote the on-chain asset issuance of projects through investments in equity and project tokens.

On July 4th, according to The Block, the Bitcoin mining firm Riot Blockchain (RIOT) mined 450 BTC in June, with a value of $49.26 million. This represented a 76% increase compared to the 255 BTC mined in June 2024. However, it was a 12% decrease from the 514 BTC mined in the previous month. The company currently holds 19,273 BTC and sold Bitcoin worth $41.7 million in June.

July 4th. U.S. Treasury Secretary Yellen declared that there are a great many excellent candidates for the position of Federal Reserve Chairmanship, and the work regarding this will commence in the autumn. Previously, according to a report on June 25th by The Wall Street Journal, U.S. President Trump is contemplating nominating the next Federal Reserve Chairman in an early manner in order to weaken the current Chairman Powell's influence. Powell still has 11 months left in his term as Federal Reserve Chairman. Sources disclosed that Trump is considering choosing and announcing Powell's successor before September or October. "And Trump's resentment towards Powell may lead him to make the announcement earlier this summer." Trump is considering former Federal Reserve Governor Kevin Warsh and the White House National Economic Council Director Kevin Hassett. In addition, sources revealed that some have suggested Treasury Secretary Yellen as a potential candidate; other competitors include

On July 4th, U.S. Treasury Secretary Yellen declared that we are currently at an extremely high level of real interest rates. If the Fed does not reduce rates during this meeting, perhaps the rate cut in September will be more significant. (Xinhua Finance)

On July 4th, according to The Block, the Web3 game studio Distinct Possibility Studios has successfully completed a funding round worth $30.5 million. Bitkraft Ventures and Brevan Howard Digital took the lead in this round, and the Tezos Foundation, Hashed, Delphi Ventures, Shima Capital, North Island Ventures, and Decasonic also participated. This game studio was founded by the co-creator of EverQuest, John Smedley. The funds will be used to support the development and launch of its AAA shooter game Reaper Actual, which is anticipated to be available on Steam and the Epic Games Store.

On July 3rd, according to on-chain data, Circle minted 2.5 billion USDC on the Solana blockchain 3 minutes ago.