1. Total market value of DeFi tokens: 67.2.19 billion US dollars
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $41.05
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $724.3 billion$100 million
Top 10 DeFi Projects by Locked Assets and Total Value Locked (TVL)
1. Total Market Cap of NFTs: $5.924 Billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT transaction volume: $1.238 billionUSD
4. Jefferies: Reiterates Alibaba as Top Pick for AI Investment Theme, Strong Cloud Business and AI Demand On July 8th, Jefferies released a research report predicting that Alibaba's revenue for the first fiscal quarter ending June 30th will increase by 9% year-on-year to approximately RMB 270 billion, with overall EBITA reaching approximately RMB 26 billion, higher than the market expectation of RMB 24 billion. The bank predicts that due to strong AI demand, including growth in Model-as-a-Service (MaaS) and overall AI-related revenue, Alibaba Cloud Intelligence Group will be the biggest highlight this quarter, with revenue expected to increase by 45% year-on-year, compared to the market forecast of 41% and the bank's previous expectation of 40%. The cloud business EBITA margin is expected to improve sequentially to 11.5%, and AIDC net profit is expected to reach RMB 583 million (compared to the market expectation of RMB 239 million, while the bank originally expected it to only break even).
1. Circle Mints 250 Million USDC on Solana Chain
On July 8th, according to Onchain Lens monitoring, stablecoin issuer Circle just minted an additional $250 million USDC on the Solana chain. Data shows that Circle has minted approximately $66.76 billion USDC on Solana so far this year.
2. Hyperliquid Labs Transfers Out 452,000 HYPE Tokens in the Early Morning, Equivalent to Approximately $32.32 Million
On July 8th, according to on-chain analyst Yu Jin monitoring, the Hyperliquid development team, Hyperliquid Labs, transferred out 452,000 HYPE tokens ($32.32 million) in the early morning. HYPE fell 5% today.
These HYPE tokens may be being sold through the market maker Flowdesk, with some ending up in Flowdesk on-chain wallets and others in Flowdesk's deposit addresses on OKX, Bybit, and Gate.3. Aave Labs Initiates Proposal to Integrate Maple's SyrupUSDG into Aave V4
On July 8th, Aave Labs released a proposal to integrate Maple Finance's newly launched yield token syrupUSDG into the Global Dollar Hub on Aave V4, introducing syrupUSDG as collateral into the Aave DAO.
4. Cardano Ecosystem Lending Platform Levvy to Cease Operations at the End of July
On July 8th, according to official news, Cardano ecosystem lending platform Levvy announced that it will cease operations at the end of July, and users must withdraw all assets and settle loans before then.
5. Cardano Ecosystem Lending Platform Levvy to Cease Operations at the End of July On July 8th, according to official news, Cardano ecosystem lending platform Levvy announced that it will cease operations at the end of July. Users must withdraw all assets and settle all loans before then. Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance your risk awareness.
US prosecutors have charged imprisoned fraudster Rossen G. Iossifov with allegedly moving about $290,000 in cryptocurrency that had already been seized by the government.
WeatherlyLawson will test payments using the yen-backed stablecoin JPYC at one Tokyo convenience store in early August through its checkout system. The pilot will assess how stablecoin payments work in everyday shopping, with no nationwide launch announced yet.
WeatherlyBonzo Lend lost $9.05 million after attackers manipulated a faulty oracle price feed to inflate SAUCE token prices. The flaw was traced to Supra's oracle verifier, prompting the lending platform to suspend its lending services.
AnaisHackers hijacked the X accounts of SpaceX and Starlink to promote a fake meme coin, making about $135,000. The token briefly topped a $2 million market value before crashing after a rug pull.
AnaisKraken has launched a debit card for eligible customers in the UK and EEA, allowing them to spend crypto and cash balances anywhere Mastercard is accepted.
WeatherlyJupiter has launched Jupiter Gacha, offering tokenised real Pokémon and One Piece trading cards on its Solana DEX. The beta launch with Collector Crypt includes up to $100,000 in rewards.
AnaisCumberland has received a full Major Payment Institution licence from Singapore's central bank, allowing it to offer regulated digital payment token and cross-border money transfer services.
WeatherlyThe US government transferred 3,940 Bitcoin and 30,014 Ether worth nearly $300 million from seized assets to Coinbase Prime. The cryptocurrency came from several federal seizure cases, while government-linked wallets still hold about $20.6 billion in digital assets.
AnaisAnthropic is providing C$10 million (around US$7.3 million) in Claude AI credits to eight Canadian research institutions to support AI projects.
WeatherlyGermany has ruled that Google AI Overviews and Perplexity AI must follow the country's media laws and are responsible for the content their AI systems produce.
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