Today's news tips:
Jack Dorsey's Blockchain to be included in the S&P 500 Index on July 23
JPMorgan Chase data-charging plan could "destroy" crypto and fintech startups, executive warns
ZORA token price rises after Base App integrates Zora’s content tokenization technology
Binance will remove the torrent tags for BONK, EIGEN, ETHFI, PENGU, and PEPE on July 21
Source: Pump.fun will issue PUMP airdrops on July 24
Regulatory/Macro
Ethereum’s official X account announced the launch of “The Torch” NFT, which is used to pay tribute to those who shaped the development of Ethereum in its first decade and the values that will help build Ethereum in the future. It is reported that this The Torch NFT will be symbolically passed between wallets and will be destroyed to commemorate the tenth anniversary of the founding of Ethereum. In addition, everyone can mint a commemorative NFT on July 30.
Bitcoin Core developers fix 5-year-old disk fill vulnerability
According to Protos, the Bitcoin Core development team this month fixed a disk filling vulnerability that has plagued full node operators for five years. The vulnerability allows attackers to force node hard disks to continuously write redundant data through malicious log instructions (such as LogPrintf, LogInfo, LogWarning, or LogError, etc.), which has a serious impact on mechanical hard disk nodes and even causes flash memory device performance degradation. The fix was submitted through PR 32604 and merged into the main branch by senior developer Gloria Zhao. The submission passed 19 checks and no objections. Developers expect that after the patch is popularized in the Bitcoin network with the new version of Bitcoin Core, the disk filling attack will disappear completely. The latest version of Bitcoin Core is 29.0, which was released on April 14, and the Core version is usually upgraded every few months. As a voluntary software package that does not allow automatic updates, full node operators must always choose to manually upgrade their software. About 16% of node operators are running version 29.0. Other nodes are running older versions of the software.
Jack Dorsey's Blockchain to be included in the S&P 500 Index on July 23
According to The block, Twitter co-founder Jack Dorsey's payment platform Block Inc will be included in the S&P 500 index on July 23. After the news was confirmed late Friday, the stock rose 10% in after-hours trading. Block Inc is a technology company that operates multiple business units in the digital asset ecosystem. Its Bitkey brand is a simple self-hosted wallet built for Bitcoin, and Proto is a set of Bitcoin mining products and services. Last summer, Block began investing 10% of its Bitcoin profits in BTC every month and open-sourced its financial blueprint so that others can follow suit. It was previously reported on July 19 that Block would join the S&P 500 index, but the specific time was not mentioned.
Viewpoint
JPMorgan Chase data-charging plan could "destroy" crypto and fintech startups, executive warns
When JPMorgan Chase informed fintech companies last month that it planned to charge them for accessing its customers' bank account data, the move sparked a backlash in several areas of the financial industry, Fortune reported. The move is a blow to the fintech industry and could have a devastating effect on early-stage startups, including those in the cryptocurrency industry, according to four industry executives. However, analysts believe that established fintech companies like PayPal and Block (formerly Square) may not be affected much by the fee adjustment. Under the plan, the bank could charge data aggregators fees every time a consumer transfers money from JPMorgan Chase to a cryptocurrency account or a third-party service like Robinhood. Crypto and fintech companies often use aggregators like Plaid or MX to access customer accounts at major financial institutions like JPMorgan Chase. So far, banks have not charged fintech companies, but that could change. Aggregators are widely expected to pass on the new fees to fintech customers, and some may even pass the costs on to consumers.
Project News
Binance: Users holding at least 210 Binance Alpha Points can claim TA token airdrop
According to the official announcement, Binance has released an update on the launch of Trusta AI (TA), stating that after trading begins, users with at least 210 Binance Alpha points can claim 750 TA tokens airdropped. First come, first served, until the airdrop pool is full or the event ends. Please note that claiming an airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be deemed to have given up the airdrop. Starting today, the risk pre-check for airdrops will be opened 5 minutes before the start, so please be prepared in advance.
ZORA token price rises after Base App integrates Zora’s content tokenization technology
According to The Block, with the launch of Base App and its integration with Zora infrastructure, the native token of the on-chain content protocol Zora has soared by more than 60% (as of the time of this media publication). Last week, the Layer 2 blockchain Base, incubated by Coinbase, renamed its wallet app to Base App. It introduced some improvements that emphasize content tokenization and make full use of the infrastructure of Farcaster and Zora. The integration allows users to create and trade tokens related to social media posts directly within the app. In this setting, Zora's technology will enable basic applications to tokenize content and position the ZORA token as a key component. Tokens can be used to mint content coins, pay referral fees, and participate in ecosystem incentives. In addition, Coingecko data shows that the ZORA token is now at $0.02146, with a 24-hour increase of 65.3%.
According to Cointelegraph, MetaMask developer Consensys confirmed that it will urgently fix the problem of abnormal writing to the hard disk of the browser extension. Multiple users reported that the plug-in continued to write data in the background, up to 5MB per second, causing an average of 500GB per day to be written to the solid-state drive (SSD). The problem can be traced back to May 9, when user "Quanquan" reported that the unused MetaMask plug-in wrote 100GB of data in a single day. On June 24, user ripper31337 recorded the problem in detail, pointing out that the cumulative write reached 25TB in three months. A Consensys spokesperson acknowledged the existence of "abnormally high disk activity", which mainly affected users with too large status data, and promised to fix it by reducing the frequency of writes and optimizing data capture strategies. The latest feedback shows that the vulnerability still exists as of July 17. One user said that the plug-in has consumed 50% of the life of his SSD. The MetaMask team responded again on July 19 that a fix is in progress.
Binance will remove the torrent tags for BONK, EIGEN, ETHFI, PENGU, and PEPE on July 21
According to the official announcement, based on the recent review, Binance will remove the seed tags of some tokens on July 21, 2025. The tokens whose seed tags are removed are as follows: Bonk (BONK), EigenLayer (EIGEN), ether.fi (ETHFI), Pudgy Penguins (PENGU), Pepe (PEPE). Other services related to the above tokens will not be affected; the seed tags of the above tokens will be updated shortly after this announcement.
Source: Pump.fun will issue PUMP airdrops on July 24
According to crypto KOL Downsin Jerome, Alon Cohen, co-founder and CEO of Pump.fun, said that PUMP airdrops will be distributed to eligible active Solana wallets starting at 23:00 Beijing time on July 24, 2025.
Important data
According to CoinShares statistics, digital asset investment products hit a record high of $4.39 billion in inflows last week, with cumulative inflows reaching $27 billion this year, and total assets under management (AuM) exceeding $220 billion. Ethereum performed outstandingly, attracting $2.12 billion in inflows, almost twice the previous weekly record, and cumulative inflows in 2025 have reached $6.2 billion, exceeding the total for the whole year of 2024. Bitcoin inflows were $2.2 billion, and ETP trading volume hit a new high of $39.2 billion worldwide, with the United States generating the vast majority of inflows ($4.36 billion). In addition, Solana, XRP, and Sui recorded inflows of $39 million, $36 million, and $9.3 million, respectively.
According to 8marketcap data, Solana (SOL)'s market value exceeded US$102.63 billion, surpassing The Vanguard Group and ranking 214th in global asset market value.
SOL breaks through $190, hitting a 5-month high
According to Binance market data, SOL broke through $190, hitting a new high since February 17, and rose 6.3% in 24 hours.
According to The Block, Coingecko data shows that the total market value of the global NFT market has risen to $6.04 billion, up 16.9% in the past 24 hours, reaching its highest level since early February. In addition, data from CryptoSlam shows that in the past 24 hours, global NFT market sales have surged 154% to $41.4 million. It is worth noting that according to OpenSea, the giant whale with the address "0x1bb351...72d6" spent more than 2,080 ETH today to purchase 45 CryptoPunks NFTs. In the past 24 hours, the floor price of CryptoPunks rose 15.9% to 47.5 NFTs. Nick Ruck, director of LVRG Research, said that when Bitcoin was consolidating, altcoins such as Ethereum and the NFT market gained momentum due to the overall rise and the recovery of risk appetite. Traders have rekindled their interest in mainstream NFT projects such as CryptoPunks, believing that their prices are undervalued and may usher in a second wave of market conditions, and that this round of bull market may exceed last year's short-term rebound. However, Vincent Liu, chief investment officer of Kronos Research, believes that long-term demand for NFTs depends on wallet activity.
According to SoSoValue data, the Ethereum spot ETF had a net inflow of $2.18 billion last week (July 14 to July 18, Eastern Time). The Ethereum spot ETF with the largest weekly net inflow last week was Blackrock ETF ETHA, with a weekly net inflow of $1.76 billion. Currently, ETHA has a total net inflow of $8.06 billion. The second largest was Grayscale Ethereum Mini Trust ETF ETH, with a weekly net inflow of $202 million. Currently, ETH has a total net inflow of $1.03 billion. It is worth noting that all nine Ethereum ETFs had net inflows last week, among which ETHA and ETH had record weekly net inflows last week. As of press time, the total net asset value of the Ethereum spot ETF was $18.37 billion, and the ETF net asset ratio (market value to the total market value of Ethereum) was 4.19%, with a historical cumulative net inflow of $7.49 billion.
Bitcoin spot ETFs saw net inflows of $2.39 billion last week, continuing their six-week net inflow
According to SoSoValue data, last week's trading day (July 14 to July 18, Eastern Time), Bitcoin spot ETFs had a net inflow of $2.39 billion last week. The Bitcoin spot ETF with the largest weekly net inflow last week was Blackrock's Bitcoin ETF IBIT, with a weekly net inflow of $2.57 billion, the second highest weekly net inflow in history. Currently, IBIT's total net inflow has reached $56.97 billion. The second is Grayscale's Bitcoin Mini Trust ETF BTC, with a weekly net inflow of $41.86 million, and the current total net inflow of BTC has reached $1.64 billion. The Bitcoin spot ETF with the largest weekly net outflow last week was Grayscale's ETF GBTC, with a weekly net outflow of $123 million, and the current total net outflow of GBTC has reached $23.51 billion. Next is the ETF ARKB of Ark Invest and 21Shares, with a net outflow of $120 million in a single week. Currently, the total net inflow of ARKB has reached $2.92 billion. As of press time, the total net asset value of Bitcoin spot ETF is $152.4 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) is 6.51%, and the cumulative net inflow has reached $54.75 billion.
A new wallet spent 2082 ETH to purchase 45 Cryptopunks NFTs
According to Onchain Lens, a newly created wallet spent 2,082 ETH (worth $7.79 million) to purchase 45 Cryptopunks NFTs. In addition, the whale also spent 60.5 ETH (worth $227,000) to purchase several Art Blocks Curated NFT series Chromie Squiggle.
