1. Popular Tokens on Crypto Exchange
Top 10 Trading Volume and 24-Hour Price Changes on Crypto Exchange:
BTC: - 0.68%
ETH: - 0.09%
SOL: - 2.05%
XRP: - 1.91%
PEPE: - 4.19%
TRB: + 16.89%
SUI: - 3.79%
DOGE: - 3.2%
BNB: + 0.08%
ENA: - 9.97%
24-Hour Top Gainers (Data Source: OKX):
LPT: + 24.43%
TRB: + 16.89%
ANIME: + 15.57%
ICX: + 11.69%
NC: + 9.14%
POR: + 8.55%
CTC: + 8.27%
ACA: + 8.02%
NMR: + 7.75%
RPL: + 7.11%
2. 24-Hour Hot Search Tokens
Lagrange (LA): The latest airdrop project on Binance Alpha, which was listed on Coinbase last night.
Headlines
According to Odaily, the Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors and will develop robust risk management measures. These measures will further enrich the product options in the Hong Kong market while ensuring that trading is conducted in an orderly, transparent, and safe manner. Additionally, in light of the latest developments in the virtual asset market, the Financial Services and Treasury Bureau will publish a second virtual asset policy declaration outlining the next policy vision and direction. (Securities Times)
[The translation continues in the same manner for the rest of the text...]Odaily Planet Daily News: The Ethereum Foundation (EF) released the latest fiscal policy document, clarifying its asset management strategy, ETH selling mechanism, and long-term commitment to the DeFi ecosystem. The document indicates that EF currently sets annual operating expenses at 15% of its total fiscal budget, maintains a 2.5-year expenditure buffer, and will gradually transition to a 5% long-term expenditure level, emphasizing increased support during market downturns and restraint during bull markets.
In crypto asset allocation, EF will prioritize supporting secure, decentralized, and open-source DeFi protocols, obtaining reasonable returns through methods like wETH staking and stablecoin lending, and exploring Tokenized RWA allocation. Meanwhile, EF clearly supports the "Defipunk" concept, encouraging DeFi protocols without KYC, self-custodial, and privacy-friendly, planning to use privacy standards, decentralized UI, and anti-censorship mechanisms as core evaluation criteria for fund deployment.
EF states that its fiscal management will gradually adopt decentralized, privacy-friendly tools and workflows to "live out" its advocated crypto values, continuously providing long-term and stable support for the Ethereum ecosystem.
Berachain plans to use Ethereum Pectra upgrade strategy for "Bectra upgrade"
Odaily Planet Daily News: Layer 1 blockchain Berachain announced that through the "Bectra" hard fork, it will become a non-Ethereum chain that fully implements Ethereum Pectra execution layer functions. The Bectra upgrade enables wallet smart account functionality, supporting batch transactions, setting spending limits, paying gas fees with the stablecoin HONEY, and recurring payments, which previously required custom contracts or third-party implementations. (CoinDesk)
Time.fun launches Season 1 points airdrop, focusing on rewarding active traders and creators
Odaily Planet Daily News: According to Time.fun's official statement, its first round (Season 1) points incentive activity has officially begun, with the first batch of points already distributed. This airdrop's weight primarily considers user transaction volume and asset holdings, while also examining creator interaction data, including conversion times and trading activity. The official emphasized that point allocation standards will be continuously adjusted, encouraging users to remain actively trading and participating to earn more points and potential future rewards.
Regulatory Policies
South Korean President Lee Jae-myung promises to promote crypto ETF and won stablecoin development
Odaily Planet Daily News: South Korean left-wing party candidate Lee Jae-myung was elected as the new president with 49.42% of the vote, defeating his right-wing opponent Kim Moon-soo's 41.15%. Lee Jae-myung promised to vigorously develop South Korea's cryptocurrency industry, with key policies including: allowing local spot crypto ETFs, establishing a won stablecoin market, improving digital asset regulatory frameworks, and reducing blockchain regulation in specific areas to promote innovation.
South Korea is one of the world's largest cryptocurrency markets, with 9.7 million trading users, approximately 20% of the total population. Unlike the unfulfilled crypto-friendly promises of the previous president Yoon Suk-yeol, Lee Jae-myung is expected to implement his crypto policies against the backdrop of a changing attitude at the Financial Services Commission. (The Block)
Odaily Planet Daily News: When responding to Paradigm CTO Georgios Konstantopoulos's view on X platform about "cross-chain interoperability being solved at the infrastructure level", Ethereum co-founder Vitalik Buterin stated that cross-L2 operations can only be considered "truly solved" when they are equivalent to ETH native transfers on L1 in terms of censorship resistance, trustlessness, and the absence of intermediaries. Vitalik called this the "no-regression principle", emphasizing that new systems must preserve the core attributes of existing systems, otherwise they cannot be considered sufficiently complete.
