The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

On July 3rd, as per the data from Defillama, the total revenue of the decentralized exchange platform Axiom has surpassed $157 million.
Based on Dune data, since the product was launched in January, the cumulative number of users has reached 637,600, and the current daily active users range from 30,000 to 40,000.

On July 3rd, EuroYenOKX announced that it will officially launch HUSDT, AEROUSDT, and SYRUPUSDT perpetual contracts on its website, app, and API from 2:00 to 2:30 pm Beijing time on July 3rd. The specific opening times are as follows: The HUSDT contract trading will open at 2:00 pm; the AEROUSDT contract trading will open at 2:15 pm; and the SYRUPUSDT contract trading will open at 2:30 pm.

On July 3rd, according to the Axiom platform, the Solana ecosystem token issuance platform stated that within the past 24 hours, Letsbonk.Fun exceeded pump.fun in terms of volume. Letsbonk.Fun had a volume of $107 million, while pump.fun had a volume of $104 million, thus ranking first.

On July 3rd, as per the report by Decrypt, the Australian cryptocurrency billionaire Tim Heath managed to evade a meticulously planned kidnapping attempt by biting off the attacker's finger. According to the testimony presented in an Estonian court last week, the attacker disguised himself as a painter and employed a GPS tracker and a burner phone to keep an eye on Heath's movements. Since then, Heath has invested approximately 2.7 million euros to enhance personal security. Such "wrench attacks" (physical violence threats) aimed at cryptocurrency holders are on the rise. An example is the case of Ledger co-founder David Balland, who was kidnapped and had his finger severed in January this year. Experts have cautioned that regulatory measures like the FATF travel rules might inadvertently heighten risks as these rules mandate linking cryptocurrency wallets to real identities.

On July 3rd, according to Solscan data, Circle minted around 250 million USDC on the Solana blockchain at 3:13 AM in Beijing time on July 3rd.

On July 3rd, as per official information, the Second Season Points Event of Backpack has officially commenced.