24H Hot Cryptocurrencies & News | FTX to Launch New Round of Creditor Distribution on September 30; White House's First Crypto Policy Report to be Released on July 30 (July 24)

1、CEX Hot Coins

CEX Top 10 Trading Volume & 24H Price Change:

• BTC：- 0.39%

• ETH：- 2.47%

• SOL：- 6.65%

• XRP：- 8.50%

• DOGE：- 8.40%

• BNB：- 2.70%

• SPK： 83.81%
  

• PENGU：- 2.38%

• SAHARA： 48.88%
  

• ADA：- 7.49%

24H Top Gainers (Data Source: OKX):

• SPK： 78.34%

• SAHARA： 51.95%
  

• SD： 50.55%

• SLP： 18.68%

• LOOKS： 12.57%
  

• DUCK： 10.09%

• IP： 7.95%

• LSK： 6.59%

• DEP： 2.26%

• RESOLV： 2.21%

2. 24H Trending Coins

• SPK：First collaboration project for the Cookie Snaps event.
  

Headlines

FTX to Launch New Round of Creditor Distribution on September 30, Releasing $1.9 Billion in Disputed Reserve Funds

FTX announced that the record date for the next round of creditor distribution is August 15, 2025, expected to launch on September 30, applicable to approved Class 5 customer claims, Class 6 general unsecured claims, and previously unallocated convenience claims. Meanwhile, FTX has received court approval to reduce the disputed claim reserve from $6.5 billion to $4.3 billion, releasing approximately $1.9 billion in cash for this round of distribution.

White House's First Crypto Policy Report to Be Released on July 30

Bo Hines, Executive Director of Trump's Digital Asset Advisory Council, stated on platform X that the Presidential Digital Asset Task Force has completed a 180-day report, the White House's first crypto policy report, which will be publicly released on July 30.

Law Firm Burwick Law Expands Lawsuit Against Pump.fun, Adding Solana and Jito Executives as Defendants

Law firms Burwick Law and Wolf Popper have expanded their lawsuit against Pump.fun, naming the Solana Foundation, Solana Labs, Jito, and their executives as defendants, including Solana co-founders Anatoly Yakovenko and Raj Gokal, Solana Foundation Executive Director Dan Albert, Chair Lily Liu, and former Communications Head Austin Federa.

According to the latest amended complaint, the two law firms cited the Racketeer Influenced and Corrupt Organizations Act (RICO) to charge the relevant parties, alleging that Solana Labs and Jito Labs were deliberate participants in token design, fee mechanisms, infrastructure maintenance, and validator coordination, conspiring and profiting from it. The lawsuit also accuses Pump.fun of violating several U.S. financial crime prevention regulations, failing to implement anti-money laundering measures, assisting in the creation and promotion of non-compliant tokens, and infringing on trademark rights.
The complaint alleges that Pump.fun profited approximately $723 million from an "illegal gambling business," while Jito Labs is accused of manipulating transactions and favoring bribe-paying parties in profit distribution.

Binance: Users with at Least 200 Alpha Points Can Claim 1500 COA Token Airdrop

According to official news, Binance will list Alliance Games (COA) on July 23, 2025, at 17:00 (UTC+8). After trading begins, users holding at least 200 Binance Alpha points can claim 1,500 COA tokens airdrop. First come, first served. If the event is not over, the point threshold will automatically decrease by 10 points every hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours, otherwise, they will be deemed to have waived the airdrop.

Industry News

DDC, a U.S.-Listed Company, Aims to Hold 10,000 BTC by End of 2025, Becoming a Top 3 BTC Reserve Company in 3 Years

Norma Chu, founder, chairman, and CEO of U.S.-listed company DDC Enterprise, stated in a shareholder letter that DDC has submitted a $500 million F-3 universal shelf registration statement to the U.S. Securities and Exchange Commission, aiming to ensure flexible and efficient access to capital markets when favorable opportunities arise. Additionally, the company's new Bitcoin vision goal is to hold 10,000 BTC by the end of 2025 and become a top 3 Bitcoin reserve company globally within three years.

Previously, Animoca Brands partnered with DDC Enterprise to invest $100 million in supporting its Bitcoin treasury. Earlier this month, the company secured up to $528 million in transformational capital commitments and has already received $53 million in initial funding from notable partners such as Anson Funds, Animoca Brands, and Kenetic Capital.

Swedish Listed Company H100 Group Increases BTC Holdings by 117.93, Total Holdings Reach 628.22 BTC

According to an official announcement, Swedish listed company H100 Group announced an increase of 117.93 BTC in holdings, bringing the total to 628.22 BTC.

Matador Technologies Secures $100 Million Financing to Purchase More Bitcoin

Canadian listed company Matador Technologies secured $100 million in financing to purchase more Bitcoin. Previously, Matador Technologies announced that its board approved a long-term Bitcoin acquisition strategy plan to accumulate up to 6,000 BTC by 2027 or earlier, with an interim goal of 1,000 BTC by 2026 or earlier. Matador's long-term goal is to hold 1% of Bitcoin's supply and become a top 20 corporate holder globally.

Goldman Sachs and BNY Mellon Jointly Launch Tokenized Money Fund Solution

Goldman Sachs and BNY Mellon partnered to launch a blockchain-based tokenized money market fund solution. BNY clients can now invest in tokenized money funds through Goldman's platform, with holdings recorded on-chain. The project has attracted participation from major asset management institutions like BlackRock, Fidelity, and Federated Hermes, aiming to build a real-time, low-friction digital financial infrastructure.

Project News

LetsBONK Commits 1% of Revenue to Repurchase Top Tokens in BONK Ecosystem

LetsBONK announced that it will use 1% of its total revenue to repurchase top tokens within the BONK ecosystem. The funds will come from the team's marketing fund and will be executed weekly. Data shows that LetsBONK generated approximately $1.5 million in fees over the past 24 hours, proportionally providing $15,000 for this round of repurchase. Recently, LetsBONK surpassed competitor Pump.fun in daily trading volume and token issuance numbers. Dune data shows that the total market cap of tokens issued on its platform has exceeded $1 billion. Among them, Useless Coin is the largest token, followed by ANI, which represents the Grok AI companion token launched by xAI.

Aspecta Reveals Tokenomics, Airdrop Query to Open Tomorrow at 15:00

Aspecta revealed its tokenomics, with a total supply of 1 billion tokens: 45% allocated to the community and ecosystem, 7.6% airdropped to users and community supporters at TGE; 6.7% allocated to the market and broader blockchain users, 0.7% allocated to pre-listing price discovery, 30% allocated to community and ecosystem growth; 20% allocated to investors, 15% to early contributors, 3% for liquidity, and 17% to the foundation. Aspecta will open airdrop queries at 15:00 on July 24 and allow claims at 18:00 TGE.

LazAI Ecosystem On-Chain AI Agent Launch Platform Lazpad Introduces AI Companion DAT and Opens Whitelist Event

Web3 native AI infrastructure protocol LazAI will debut its AI companion Data Anchor Token (DAT) on its testnet, allowing users to connect with an evolving AI entity with memory and earn rewards through interaction. The event is launched on Lazpad, LazAI's on-chain AI agent launch platform. Users can qualify for the whitelist by completing a series of tasks, with each whitelisted address receiving a free DAT blind box and additional rewards, as well as eligibility for C.ALITH airdrop. LazAI also launched a referral event, where inviting friends earns activity points, with the top 10 inviters receiving additional rare DAT rewards based on ranking. Lazpad is an easy-to-use on-chain AI agent launch platform supporting both open and curated assetization paths, backed by LazAI's internal incentive ecosystem and deeply integrated into the ecosystem, aiming to transform complex AI models into interoperable, composable, and tradable agent tokens. These AI agents, tokenized, open up co-creation crowdfunding, public participation, and tripartite win-win development paths for creators, investors, and the agents themselves.

Investments & Financing

AI Inference Platform Gaia Completes $20 Million Seed and Series A Funding, Led by Mantle et al.

Decentralized AI inference platform Gaia announced the completion of $20 million in seed and Series A funding, led by ByteTrade, SIG, Mirana, and Mantle, with participation from Outlier Ventures, NGC, Taisu Ventures, Consensys Mesh, and others. The new funds will be used to expand decentralized AI infrastructure and officially launch the world's first AI-native smartphone designed for user autonomy, the Gaia AI phone, built with Galaxy S25 Edge hardware, with all AI inference processes running locally, no cloud required, no data upload, and no privacy leaks.

Vaulta (formerly EOS) Receives $6 Million Investment Commitment from WLFI to Promote Web3 Banking in the U.S.

According to official news, WLFI and Vaulta (formerly EOS) have entered a strategic partnership, with WLFI committing $6 million to promote Web3 banking development in the U.S. Vaulta's native assets will be included in WLFI's macro strategic reserve, and WLFI's USD1 stablecoin will be directly integrated into Vaulta's Web3 banking infrastructure.

South Korean Blockchain Infrastructure Provider DSRV Completes Approximately $11.6 Million Series B First Round Funding

South Korean blockchain infrastructure service provider DSRV announced the completion of approximately 16 billion KRW (about $11.6 million) in Series B first round funding. This round saw participation from mainstream South Korean investment institutions like Intervest and NH-SK Securities, with the second round expected to launch by the end of next month, involving more financial institutions. DSRV currently provides node and infrastructure services for over 70 blockchain networks globally, managing assets exceeding 400 trillion KRW. The company's 2023 revenue reached 10.7 billion KRW, with a net profit of 3 billion KRW. Future focus will be on expanding into new business areas like stablecoins and custody, accelerating global expansion plans in the U.S., Japan, Africa, and other regions.

Voices

U.S. Treasury Secretary: One or Two Rate Cuts Possible This Year

U.S. Treasury Secretary Besant: One or two rate cuts may occur this year.

Matrixport: Crypto Market Faces Short-Term Volatility, But Overall Uptrend Not Over

Matrixport released today's chart, stating that over the past two weeks, Bitcoin open interest surged by $6 billion, with annualized funding rates soaring to 19%, indicating a large number of aggressive leveraged long positions in the market. Meanwhile, South Korean retail trading activity significantly increased, with crypto trading volume jumping from $1 billion to $6 billion, reflecting retail dominance in this round of market movement. However, as prices enter a sideways phase, these high-leverage long positions may face forced liquidation risks, especially after next week's FOMC meeting, as the market enters the relatively quiet August trading period.Despite short-term volatility pressure, multiple key positives are building momentum post-summer, and the crypto market's overall uptrend is not over.

Institutions: U.S. Economy Did Not Recession as Expected, AI May Be the Main Contributor

According to foreign media analysis, for the second time in three years, fears of a U.S. economic recession have been disproven by reality. This time, the AI boom may be the main contributor. As generative AI enters its third year, its financial impact is no longer limited to chipmaker stock prices. The surge in data center construction and overall capital expenditure is "beautifying" U.S. GDP data in an astonishing way. Jason Thomas, Carlyle Group's Chief Investment Strategist, noted that this capital expenditure represents an effective reindustrialization of U.S. businesses, shifting focus from software and intangible assets to factories, machinery, and energy investments, which is unprecedented. The impact on GDP is significant. Thomas estimates that AI-related spending alone may have contributed one-third of U.S. GDP growth in Q2 this year, with orders in related industries continuing to expand at an annual rate of over 40%.

CZ: Altseason Index Continues to Rise, FOMO Season May Be Coming

CZ posted on platform X that, despite debates over the accuracy of CoinMarketCap's altseason index, the index is indeed rising. He added, "FOMO season is coming."