TON Ecosystem Gaming Project Catizen Surpasses 1.25 Million On-Chain Users | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance is assisting BtcTurk in its investigation and has frozen over $5.3 million in stolen funds so far. This comes after the Turkish exchange BtcTurk suspended crypto deposits and withdrawals following a cyber attack.
• Binance says it has implemented risk control measures to prevent "airdrop hunter" accounts from participating in Megadrop.

2. Cryptocurrency Trends:

• Catizen, a TON ecosystem gaming project, surpasses 1.25 million users, ranking first in the TON Open League rankings for three consecutive seasons. Catizen recently launched the CatizenVibe - Heal the World promotion, where over 7000 players have shared their stories about stray cats.
• Seven Ethereum spot ETF applicants, including Bitwise and VanEck, have submitted updated S-1 documents.
• Pantera Capital raises funds for a second TON token investment fund to buy more TON tokens.
• EigenLayer is enhancing EigenDA's security against sybil attacks. EigenDA expects to implement permissionless payments for blob throughput later this year.
• Fantom releases its third Sonic governance proposal, which includes ecosystem subsidies, a new token burn mechanism, and innovation programs like Sonic Spark and Sonic University.
• Stacks core development team: The development of Stacks Nakamoto is 90% complete, and the team is finalizing preparations for its official launch on July 15.
• NFT project Pudgy Penguins and its NFT licensing platform OverpassIP jointly form a parent company named Igloo.

3. Financing Trends:

• Verida, a DePIN developer, raises $5 million in seed round funding with participation from O-DE Capital Partners, ChaiTech Ventures, Simurg Labs, Gate Labs, and others.
• SoSoValue, a Singaporean crypto finance startup, raises $4.15 million in seed round funding led by HongShan with participation from GSR Markets, Alumni Ventures, and CoinSummer Labs.
• PQShield, a crypto security startup, raises $37 million in Series B funding led by Addition, with participation from Braavos Capital, Legal General, and Chevron Technology Ventures.

4. Regulatory Trends:

• Nigeria's SEC introduces the Accelerated Regulatory Incubation Programme (ARIP), which provides a path for virtual asset service providers (VASPs) to meet new regulatory requirements. VASPs must complete their ARIP application within 30 days of receiving the notification to avoid potential enforcement actions.
• Crypto traders in South Africa have started receiving notifications from the South African Revenue Service (SARS) indicating that their tax affairs are under review.