Story Protocol Announces Launch of Global IP Blockchain Story Network | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase launches a web app to track personal on-chain wallets. The app is available on both PC and mobile devices, allowing users to manage all of their on-chain wallets and activities within the app. Users can buy, swap, send, stake, or mint tokens from their wallets, and they can also interact with each other.
• Binance opens multi-verifier withdrawal verification for all corporate accounts. For corporate accounts that choose to enable multi-verifier withdrawal verification, members with Approver roles will be required to approve any withdrawal request within a given time range to prevent unauthorized withdrawals. Binance strongly encourages corporate users to utilize this additional security feature to mitigate account risk.

2. Cryptocurrency Trends:

• Hamster Kombat founder says that after the first airdrop slated for this month, they are planning for a second airdrop. The founder adds that there will be a second season with the second airdrop in the next two years.
• MicroStrategy is the largest single corporate holder of Bitcoin, with over $13 billion worth of Bitcoin in its treasury. MicroStrategy (MSTR) announces a 10-to-1 stock split, which will be effected on August 1, with the shares to be distributed after the close of trading on August 7. The split will make the company's shares "more accessible to investors and employees".
• Tether stated that, effective September 1, 2025, Tether will no longer be obliged to accept USDT or EURT exchanges on Omni, Kusama, SLP, EOS, and Algorand. Tether will freeze all remaining USDT or EURT on these platforms on September 1, 2025.
• Story Protocol, a blockchain-based IP infrastructure, announces the launch of the global IP blockchain Story Network, which aims to enable creators to monetize their IPs (their voices, styles, and likeness) in the era of artificial intelligence.
• ether.fi announces the launch of its Season 3, Perks Passport. Season 3 will run from July 1 to September 14, with 25 million ETHFI to be distributed.

3. Financing Trends:

• RECRD, a SocialFI platform, raises $4 million in a funding round led by the Sui Foundation, with participation from DNA Fund, Alphabit Fund, and angel investors including former Netflix co-founder Mitch Lowe and former NBA player Mitch Richmon.
• Nala, a Tanzanian fintech startup, raises $40 million in Series A funding led by Acrew Capital, with participation from DST Global, Norrsken22, and HOF Capital. The funds raised will be used to strengthen Nala's B2B payment platform and support its overall development plan.

4. Regulatory Trends:

• Fortune reports that the U.S. Securities and Exchange Commission has decided to close its investigation into New York stablecoin issuer Paxos, concluding that BUSD is not a security.
• The Law Commission for England and Wales says there is currently no need for specific legislation for decentralized autonomous organizations (DAOs) because they could fall under existing regulations. The Commission noted that the diverse structure of DAOs made it difficult to adopt a single legislative approach.