Daily Report | The U.S. House of Representatives passed the Genius Act and the Cryptocurrency Market Structure Act through procedural voting; ChainCatcher has reached a strategic cooperation with Alibaba Cloud to promote the efficient development of Web3 infrastructure
July 17 News SummaryOrganizer: Jerry, ChainCatcher
Important News:
- ChainCatcher announces strategic cooperation with Alibaba Cloud to promote the efficient development of Web3 infrastructure
- Binance Alpha ERA Phase 1 airdrop threshold is 224 points
- Binance Alpha will launch Yooldo Games (ESPORTS) on July 19
- Upbit will list Caldera (ERA) trading pairs in KRW, BTC, USDT
- Binance: BAS Pre-TGE event threshold is 213 points
- Zhao Changpeng refutes Senator Warren's remarks about cryptocurrency threatening the US economy
- Wintermute CEO: Almost no ETH available for sale on Wintermute's OTC platform
- Trump: A single tariff number will be issued for 150 countries
- US House passes procedural vote on the Genius Act and cryptocurrency market structure bill
- Binance: Users with Alpha points not lower than 61 can participate in the BAS Booster event
"What important events happened in the past 24 hours"
ChainCatcher announces strategic cooperation with Alibaba Cloud to promote the efficient development of Web3 infrastructure
ChainCatcher announced a strategic cooperation with Alibaba Cloud to assist Alibaba Cloud in promoting its cloud computing services, including cloud servers, storage, and enterprise-level solutions. Through this cooperation, both parties will jointly promote the efficient development of Web3 infrastructure.
As an influential media platform in the Web3 field, this cooperation will combine ChainCatcher's industry resources with Alibaba Cloud's technological advantages to provide more efficient cloud service support for Web3 enterprises.
Alibaba Cloud, as a global leading cloud computing service provider, will further strengthen its layout in the Web3 and emerging technology fields through this cooperation.
Binance Alpha ERA Phase 1 airdrop threshold is 224 points
Binance Alpha has now launched Caldera (ERA). Eligible users can claim 150 ERA tokens airdrop using Binance Alpha points after the launch begins.
The airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users holding at least 224 Alpha points can claim. Phase 2 (next 6 hours): Users holding at least 140 Alpha points can participate on a first-come, first-served basis until the airdrop pool is exhausted or the event ends. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise it will be considered a waiver of the airdrop.
Binance Alpha will launch Yooldo Games (ESPORTS) on July 19
Binance Alpha will launch Yooldo Games (ESPORTS) on July 19. Eligible users can go to the Alpha event page to use Binance Alpha points to claim the airdrop after the Alpha trading opens. Specific details will be announced separately.
Upbit will list Caldera (ERA) trading pairs in KRW, BTC, USDT
According to the official announcement, Upbit has announced that it will list Caldera (ERA) trading pairs in KRW, BTC, and USDT.
Binance: BAS Pre-TGE event threshold is 213 points
According to the official announcement, users with Binance Alpha points greater than or equal to 213 can participate in the BAS Pre-TGE event through the Alpha event page. Participating in this event will consume 10 points.
Zhao Changpeng refutes Senator Warren's remarks about cryptocurrency threatening the US economy
Former Binance CEO Zhao Changpeng refuted the remarks of US Senator Elizabeth Warren on social media.
Warren previously warned that cryptocurrency could "destroy" the US economy and claimed that publicly traded companies on the New York Stock Exchange (NYSE) could evade SEC regulation through digitization. If Amazon, Meta, or General Motors choose to exit, it would severely damage the value of the NYSE.
Zhao questioned Warren's logic of trying to restrict US companies to "protect the US economy," pointing out that the NYSE is merely a company wholly owned by ICE with a market value of about $100 billion, while Amazon's market value has reached $2.4 trillion. He emphasized, "NYSE does not equal the economy. All companies together constitute the economy."
Wintermute CEO: Almost no ETH available for sale on Wintermute's OTC platform
Wintermute founder and CEO Evgeny Gaevoy stated on X that there is almost no ETH available for sale on Wintermute's OTC trading platform.
Trump: A single tariff number will be issued for 150 countries
US President Trump stated that he may impose tariffs of 10% or 15% on smaller countries. The tariff policy on August 1 will be very significant. The current tariff levels are just the beginning. A single tariff number will be issued for 150 countries.
US House passes procedural vote on the Genius Act and cryptocurrency market structure bill
According to The Block, the US House passed a motion with a vote of 215 to 211 to advance the stablecoin GENIUS and cryptocurrency market structure bill. The motion had previously undergone intense debate in procedural voting, and both bills will enter the formal voting process. Additionally, they agreed to vote later on a bill prohibiting the Federal Reserve from directly issuing central bank digital currency (CBDC) to individuals.
It is reported that the Clarity Act and the anti-CBDC bill must be passed by the Senate to become law. The GENIUS Act has already been passed by the Senate, so it will be sent directly to Trump for signing.
Binance: Users with Alpha points not lower than 61 can participate in the BAS Booster event
According to official news, the exclusive BAS Booster event from Binance Wallet has been launched, and users can share a reward of 600 million BAS tokens by completing weekly tasks.
Users with Alpha points greater than or equal to 61 can participate in the event through the Alpha event page without consuming points. Tokens obtained through the Booster event will have a lock-up period designated by the project party.
"What are the must-read articles in the past 24 hours"
RootData: 2025 H1 Web3 Industry Investment Research Report
In the first half of 2025, the total financing amount in the crypto primary market reached $7.75 billion, a year-on-year increase of 40.17% and a quarter-on-quarter increase of 77.75%. The number of financings over $50 million surged by 146.7%; BNB Chain DEX trading volume's share of the entire network jumped from 12% to 49%…
The beginning of "Meme 2.0"? Pump.fun and the future path of on-chain financing
The on-chain issuance boom of Pump.fun has sparked valuation controversies, revealing the evolutionary direction of Meme coins through its innovative mechanisms, capital layout, and strategic vision.
Price remains strong, an article summarizing the four main "buying forces" of ETH
Wall Street enters, banks turn around, corporate reserves, and whales sweep the market—Ethereum welcomes the strongest institutional buying wave in history, marking the end of the retail era.
Consensys: How will Ethereum as a trusted software system reshape the global digital economy?
Consensys: Ethereum is the trusted software driving the digital world economy.
The cultural soul of Meme coins
Meme coins are cultural genes that mutate and spread through human interaction.
What are the conditions for projects to move from Binance Alpha to Binance Spot?
Are all those listed on the spot "brand new regular troops"?
Industry insiders say that trading tokenized stocks on anonymous platforms has regulatory loopholes, which may provide a breeding ground for insider trading and market manipulation.
The moment of ETH's change of hands: from retail consensus to Wall Street collusion?
Behind ETH's strength, the Ethereum Strategic Reserve Company may become the "new庄."
CICC | Starting from an internet perspective: The ongoing development of stablecoins
How do stablecoins affect the internet ecosystem?
Demand relies on "wanting to buy crypto but can't" US stock investment managers.
Did the US Marshals secretly sell 170,000 BTC? Is an epic replenishment coming?
Discussions about whether the US government has "sold off" Bitcoin have not completely subsided and have become more complicated due to new clues.
Pump.fun issues tokens, who has become wealthy?
Previously, Circle sought to go public, and now Pump.fun issues tokens on-chain.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of July 17, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: KAI, CRV, SUPERGROK, SPX, BC
In the past 24 hours, the top five popular Solana tokens are: $GREMLY, DDAI, Bonk, Fartcoin, Unipcs
In the past 24 hours, the top five popular Base tokens are: VIRTUAL, HAZE, ZORA, AERO, DEGEN
Risk warning
Risk warning
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