24H Hot Coins and News | PUMP token will be launched on July 12; Trump sends tariff letters to 8 countries again (July 10)

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12 hours ago

24H Hot Coins and News | PUMP Token to Launch on July 12; Trump Issues Tariff Letters to 8 Countries (July 10)

  1. CEX Hot Coins

CEX Trading Volume Top 10 and 24-Hour Price Change:

  • BTC: + 2.37%

  • ETH: + 6.81%

  • XRP: + 5.18%

  • SOL: + 4.63%

  • DOGE: + 5.81%

  • BNB: + 1.3%

  • PEPE: + 9.23%

  • ADA: + 6.48%

  • SUI: + 7.52%

  • XLM: + 13.8%

24H Price Increase Ranking (Data Source: OKX):

  • ZBCN: + 27.04%

  • ETHFI: + 20.02%

  • PRCL: + 19.11%

  • SATS: + 16.53%

  • AIXBT: + 15.6%

  • XLM: + 14.12%

  • COMP: + 13.9%

  • WIF: + 13.57%

  • NEIRO: + 12%

  1. Top 5 On-Chain Meme Coins (Data Source: GMGN):
  • APC

  • WTFO

  • TOPLESS

  • BR

  • quq

  1. 24H Trending Coins

BR: BR is the official token of Bedrock and is also a popular token on Binance Alpha. Yesterday, BR experienced a flash crash, with a 24H drop of over 44%. The official statement indicated that users who experience significant price differences due to market fluctuations or slippage will receive special airdrop compensation.

Headlines

pump.fun Official Announcement: PUMP Token to Launch on July 12 via Initial Coin Offering

pump.fun announced on platform X that the PUMP token will launch on July 12 through an initial coin offering, with an airdrop coming soon.

PUMP Token Economics: The maximum supply is 1 trillion tokens, of which: 33% will be sold through the initial coin offering (ICO), 24% reserved for community and ecosystem programs, 20% allocated to the project team, 2.4% for the ecosystem fund, 2% allocated to the foundation, 13% for existing investors, 3% for live broadcast-related incentives, and 2.6% for liquidity and trading platforms.
It is reported that 33% of the tokens will be sold in the ICO, with 18% aimed at institutions and 15% for public sale. Both institutional and public sale purchasers will follow the same terms, including the sale price of the tokens and full unlocking on the first day.

Trump Issues Tariff Letters to 8 Countries, Brazil Faces 50% Tariff

On July 9, local time, U.S. President Trump posted letters to the leaders of 8 countries regarding tariff increases on the social media platform "Truth Social," including Brazil, the Philippines, Brunei, Moldova, Algeria, Iraq, Libya, and Sri Lanka. Trump stated that a 50% tariff will be imposed on Brazil, while Libya, Iraq, Algeria, and Sri Lanka will face a 30% tariff, and Brunei and Moldova will have a 25% tariff, with the Philippines at 20%. The new tax rates will take effect on August 1. Trump has sent tariff letters to 22 countries.

xStocks: BNB Chain Joins xStocks Alliance, First Expansion to EVM Blockchain Network

xStocks officially announced on platform X that BNB Chain has officially joined the xStocks alliance, and both parties will work together to promote the development of financial frontiers, with the next step being the integration of capital markets into the on-chain economy. This is also xStocks' first expansion to the EVM blockchain network.
Previously, Kraken and Backed planned to extend xStocks support to BNB Chain.

Industry News

South Korea's National Tax Service: Residents Must Report Comprehensive Income Tax for Virtual Asset Labor Compensation from Overseas Companies

The South Korean National Tax Service has clarified that residents who receive virtual assets as labor compensation from overseas companies must report comprehensive income tax in accordance with the law.
In a response earlier this year, the National Tax Service pointed out that if residents do not withhold taxes through a tax combination and receive virtual assets as labor income based on incentive contracts from foreign companies, they must fulfill their obligation to report comprehensive income tax.

Project News

pump.fun: PUMP Public Sale Transferable Within 48 to 72 Hours After Sale Ends, Users from the UK and US Cannot Participate

pump.fun announced on platform X that the PUMP token public sale will continue until one of the following occurs: all 150 billion tokens are sold out, or on July 15, Tuesday, at 22:00 Beijing time (14:00 UTC), shortly after the public sale ends, participants will receive the tokens they purchased. Initially, the tokens will be non-transferable, meaning they cannot be traded. The tokens will become transferable within 48 to 72 hours after the sale ends. Citizens and residents of the United States and the United Kingdom are prohibited from participating in the PUMP initial coin offering (ICO), and this token sale will not take place in the U.S., U.K., or any prohibited regions.

Binance Contracts to Launch PUMPUSDT Perpetual Contract Pre-Trading

According to the official announcement, the Binance contract platform will launch pre-trading for the PUMPUSDT perpetual contract on July 10, 2025, at 15:30 (UTC+8), with a maximum leverage of up to 5 times.

a16z-led AI Automated Investment Management Tool Glider Launches Points Program

AI automated investment management tool Glider announced the launch of a points program, with points starting to accumulate from July 1, earning 1 point for every $1 deposited daily, and additional points can be earned through creating portfolios and other activities.
In April of this year, Glider announced it had completed $4 million in funding, led by a16z, with participation from Coinbase Ventures, Uniswap Ventures, and GSR, with valuation information not disclosed.

Polygon Plans to Deploy Heimdall 2.0 Upgrade This Week, Potentially the Most Complex Hard Fork to Date

Sandeep Nailwal, CEO of the Polygon Foundation, announced that a new consensus layer named Heimdall 2.0 will be deployed this Thursday. He stated that this upgrade will enhance the backbone of the Polygon Proof of Stake (PoS) blockchain, reducing the blockchain's finality to about five seconds. However, the complexity is extremely high, potentially making it the most complex hard fork in the network's history, so node operators need to prepare for the upgrade in advance.

YZi Labs Announces Support for 10X Capital to Launch BNB Treasury Company, Plans to Go Public in the U.S.

YZi Labs announced its support for investment firm 10X Capital to launch a treasury company focused on purchasing BNB, with plans to list on major exchanges in the U.S. The company will be named "The BNB Treasury Company," and will be led by David Namdar, a senior partner at 10X Capital and co-founder of Galaxy Digital.

Investment and Financing

DeFi Asset Management Protocol Velvet Completes $3.7 Million Financing, YZi Labs Among Investors

DeFi asset management protocol Velvet Capital announced the completion of $3.7 million in financing, with participation from YZi Labs, Blockchain Founders Fund, FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindful Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, and DWF Ventures. It is reported that this funding will provide frictionless portfolio management and trading for funds, DAOs, and individual traders, while promoting its governance and utility tokens.

Monad Foundation Acquires Stablecoin Infrastructure Project Portal

The Monad Foundation announced the acquisition of the stablecoin infrastructure project Portal, with the specific acquisition amount not disclosed. Portal will continue to operate as an independent entity but will utilize Monad's technology to provide services to clients, with Portal founder Raj Parekh transitioning to the role of payment and stablecoin director at the Monad Foundation.

Security Incidents

GMX: GMX V1's GLP Liquidity Pool on Arbitrum Suffered a Vulnerability Attack, GMX V2 Unaffected

GMX announced on platform X that the GLP pool of GMX V1 on the Arbitrum platform has suffered a vulnerability attack, with approximately $40 million worth of tokens transferred from the GLP pool to an unknown wallet. Security partners are involved in investigating this attack.
Currently, trading of GMX V1 and the minting and redemption functions of GLP have been disabled on the Arbitrum and Avalanche platforms to prevent any further attacks, but the vulnerability does not affect GMX V2 or the GMX token itself.

Cyvers Alerts: Multiple Suspicious Transactions Detected on ZKSpace, Official X Account Frozen

Cyvers Alerts announced on platform X that multiple suspicious transactions have been detected on ZKSpace, and its official X account has been frozen. Approximately $4 million in affected funds have been identified, with about $1.3 million, including USDT and USDC, exchanged for ETH and deposited into Tornado.cash.

Voices

GMGN Co-Founder: Starting Today, Users Who Are Still Affected After Enabling MEV Can Receive Official Compensation by Providing Relevant Information

GMGN co-founder Haze announced on platform X that there have been malicious nodes affecting users, and Jito's service has also been unstable. Starting today, if users enable MEV (anti-sniping) with GMGN and still get affected, they should send the Hash to official personnel to verify that they were indeed affected while having MEV enabled, and the official will compensate the corresponding fees.

CZ: Over 30 Teams Reportedly Preparing to Launch BNB Treasury Reserve-Related Public Company Projects

CZ responded on platform X regarding whether BNB will join the treasury reserve, stating that there are over 30 teams wanting to launch public company projects related to the BNB treasury.

Donald Trump Jr. Invests in Social Media Company Holding Cryptocurrency Reserves

Donald Trump Jr. has purchased shares in a loss-making social media company that is building a Bitcoin reserve, marking the latest investment by the Trump family in the "cryptocurrency as treasury asset" strategy. Los Angeles-based Thumzup Media Company stated in a filing on Wednesday that Trump Jr. holds 350,000 shares of the company, valued at over $4 million based on yesterday's closing price of $12.36 per share. According to a person close to Trump Jr., he bought the company's stock on the advice of his investment advisor and has no other relationship with the company.

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