MarsBitNews

DV8 Public Limited Company successfully completed its first round of financing, raising 241 million Thai Baht with a subscription rate of 99.9%. This financing lays the foundation for its transformation into Southeast Asia's first encryption treasury company, enhancing shareholder returns in a model similar to MicroStrategy. Meanwhile, the Japanese company Metaplanet has also strategically entered DV8, becoming the world's fifth-largest Bitcoin holder.

According to Mars Finance, on July 17, the Hong Kong Stock Exchange announced that the Hong Kong-listed company Yili Holdings Limited (HK0076) has signed an agreement to issue convertible bonds worth HKD 19.95 million, and the raised amount will be used to develop Web3.0 business.

According to Mars Finance, as reported by CryptoSlate, French lawmakers have submitted a bill proposing to utilize excess nuclear energy for Bitcoin mining, which is expected to generate up to $150 million in revenue annually. The bill proposes a five-year pilot program allowing power producers to direct excess electricity to Bitcoin mining operations.

According to Mars Finance, btcSOL has launched the first re-staking model based on Solana, allowing users to stake SOL and automatically accumulate native Bitcoin zBTC. This model does not require manual rebalancing, achieving dual asset exposure to SOL and BTC. btcSOL collaborates with Marinade Finance, where 5.5% of staked SOL will continuously convert to zBTC, suitable for those seeking rise and long-term holders.

According to Mars Finance news, BitMart's "BM Discovery" zone will launch rudi (RUDI) on July 17 at 10:30 (UTC+8), and this launch will open the RUDI/USDT trading pair.

According to Mars Finance, Blockworks reporter Jack Kubinec revealed that Orca, a liquidity protocol in the Solana ecosystem, is planning to launch its new Launchpad at the end of July or early August. The biggest highlight of this product is that the Orca team has developed a new mechanism aimed at allowing real users to have an advantage over automated Bots when participating in new coin sales, enhancing fairness and user experience.

According to Mars Finance, Coinglass data shows that in the past hour, the total liquidation across the network was 52.526 million USD, of which long orders accounted for 4.8407 million USD and short orders accounted for 47.6853 million USD. Additionally, in the past hour, the liquidation amount for ETH reached 39.1982 million USD.

According to Mars Finance, Kevin Hassett, Director of the National Economic Council at the White House, stated that the Fed's actions are "very, very slow," and inflation data has been performing well.

According to Mars Finance, monitoring by Lookonchain shows that 10 Bitcoin ETFs had a net inflow of 3,412 BTC (worth $404.18 million); among them, iShares had a single-day inflow of 3,566 BTC (worth $422.4 million), with a current total open interest of 720,954 BTC (worth $85.4 billion). 9 Ethereum ETFs had a net inflow of 79,674.

Jamie Dimon of JPMorgan stated that it is a wise move for fintech companies to venture into stablecoins. JPMorgan will actively participate in this field and has launched the dollar deposit token JPMD to provide digital payment services.

According to Mars Finance news on July 16, the market information shows that Ethereum has broken through 3200 USD, with a 24-hour rise of 5.3%.

U.S. Congressman French Hill stated that the House has sufficient votes to pass three important digital asset bills, including the GENIUS stablecoin bill, which will establish a regulatory framework for digital assets, involving matters such as stablecoin reserves and the division of regulatory responsibilities among institutions.

According to Mars Finance, Tether's CEO Paolo Ardoino announced on the X platform that the market capitalization of USDT has surpassed 160 billion USD, reaching a new high. He stated that USDT has significant practicality as a digital dollar for billions of people in emerging markets and developing countries.

According to Mars Finance, the decentralized GPU cloud network Aethir has partnered with the lending protocol Credible Finance to launch the first DePIN credit card and loan product. This product allows ATH token holders to stake their tokens to obtain stablecoin credit limits without liquidating assets. Users on the Solana blockchain can directly use ATH or stablecoins for consumption through a prepaid card. (CoinDesk)