Planet Morning News | July 30
07-30 01:27

1. Linea announced its token economic model, with an initial circulation of approximately 22%, 9% for airdrops, and 80% of revenue for buybacks;

2. Orca announced the launch of Wavebreak, a token issuance platform;

3. The US SEC approved the physical redemption mechanism for Bitcoin and Ethereum ETFs;

4. Strategy purchased another 21,021 bitcoins, bringing its total holdings to 628,791 bitcoins.

5. ZachXBT investigation led to the conviction of Cameron Redman;

6. The US SEC is considering the inclusion of a staking mechanism in BlackRock's Ethereum ETF and has postponed the decision on Grayscale's Litecoin ETF.

7. The White House postponed the CFTC chairman nomination vote possibly because Brian Quintenz is still serving as a director of Kalshi;

8. Hong Kong Monetary Authority: A six-month transitional arrangement will be set up after the Stablecoin Ordinance comes into effect;

9. Whitefiber, an AI infrastructure company under Bit Digital, seeks to raise $132.8 million in an IPO;

10. eToro plans to launch tokenized US stocks on the Ethereum chain;

11. The US SEC has confirmed receipt of BlackRock’s application to introduce collateralization in its spot Ethereum ETF;

12. Foreign media: The White House is lobbying hard against a stock trading ban involving the president;

13. BTCS, a US-listed company, plans to raise $2 billion to expand its ETH reserves.

14. Free minting of the Ethereum 10th Anniversary Torch Commemorative NFT is now open.

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