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Japan's Minna Bank is currently collaborating with Fireblocks, Solana Japan, and TIS to pilot stablecoin and wallet use cases.

5 hours ago

On Thursday, July 4th, Minna Bank, Japan's first digital-only bank and a subsidiary of Fukuoka Financial Group, announced that it is currently exploring the utilization of stablecoins and digital wallets to provide support for the country's daily financial services and payment activities. This undertaking is an integral part of a joint research project carried out in collaboration with Fireblocks, Solana Japan, and the Japanese tech firm TIS. The research aims to evaluate the practical application of stablecoins and decentralized wallets in actual banking operations. The study will explore various use cases such as cross-border payments, real-world asset transactions, and daily digital payments. In addition, it will examine the technical viability of issuing stablecoins on the Solana blockchain and assess how Web3 wallets can offer users a more intuitive financial experience.
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SlowMist Cosine: The same set of mnemonics are derived separately according to the logics of Aptos and Sui, resulting in different addresses

On July 4th, SlowMist Cosmos reminded in a tweet that users should be aware that the private key corresponding to an Sui address cannot derive an Aptos address with the same address and they cannot be converted to each other. "For instance, if you have Aptos and accidentally transfer it to your Sui address, then those funds are lost. After our research, we found that they cannot be recovered. In other words, using the same mnemonic and deriving addresses according to the Aptos-Sui logic results in different addresses. However, during a transfer, both are considered valid addresses... starting with 0x and having a total of 66 characters..."

7 minutes ago

Shitcoin Season Index Rises to 24, SYRUP, PENGU, HYPE Lead 90-Day Performance

On July 4th, based on Coinmarketcap data, the market witnessed a slight recovery. The Altcoin Season Index rose to 24, which is a notable increase compared to last week's average of 19. After reaching a yearly high of 87 on December 4, 2024, the Altcoin Index has been on a continuous downward trend. Recently, it has been fluctuating around the low range of 20. In the past 90 days, among the top 100 cryptocurrencies by market capitalization, only 24 tokens have outperformed Bitcoin. Bitcoin has seen a 30.16% increase in the past 90 days. The top-performing altcoins in the past 90 days are SYRUP, PENGU, HYPE, VIRTUAL, and FARTCOIN.

7 minutes ago

Guotai Junan International and Victory Securities surged more than 20% intraday, having both previously received approval to provide virtual asset trading services.

On July 4th, based on market data, the Hong Kong stock Guotai Junan International (01788.HK) once surged by more than 27.7% and is currently up by 17.8%, with a daily trading volume exceeding 10 billion Hong Kong dollars.

In the afternoon, Victory Securities (08540.HK) strengthened. It rose by more than 22.4% at one point during the session and is currently up by 13.7%, with a total market value exceeding 1.4 billion Hong Kong dollars.

Previously, it was reported that Guotai Junan International has officially been approved to provide cryptocurrency and other virtual asset trading services. Several local Hong Kong brokerages, including Victory Securities, have also completed their Type 1 license upgrade and similarly obtained approval to offer cryptocurrency and other virtual asset trading services.

7 minutes ago

Binance Alpha will launch CROSS, with airdrop threshold at 140 points

On July 4th, Binance Alpha will list CROSS (CROSS) on July 4, 2025. Trading will commence at 16:00 (UTC+8). Qualified users can obtain a 500 CROSS token airdrop on the event page by using Binance Alpha Points within 24 hours after the start of trading. Users with at least 140 Binance Alpha Points can participate in the airdrop on a first-come, first-served basis until the airdrop pool is completely distributed or the airdrop event concludes.

7 minutes ago

Bitcoin briefly dropped below $109,000, with a 24-hour decrease of 0.29%.

On July 4th, based on HTX market data, Bitcoin briefly fell below $109,000 and is currently trading at $109,074, showing a 24-hour decrease of 0.29%.

7 minutes ago

Jupiter Studio: Anti-Sniper Protection Feature supports users to manually set the sniper tax

On July 4th, Jupiter's token issuance platform, Jupiter Studio, announced that its anti-sniper protection mechanism enables users to select a sniper tax during the token launch. The tax starts at 99% and randomly decreases to 0% within the first 15 to 60 seconds. Jupiter Studio went live yesterday, enabling users to quickly launch tokens through preset templates or choose advanced customization options. These options include initial minting support for USDC, SOL, or JUP, setting market caps, and a flexible token vesting schedule. The platform also features a 50% exchange fee revenue, a post-launch LP unlock mechanism, an anti-sniper protection mechanism, and a token vesting and unlocking schedule of up to 80%.

7 minutes ago