180 LIFE SCIENCES TO RAISE $425M TO LAUNCH ETHEREUM TREASURY AND REBRAND TO ETHZILLA

*180 LIFE SCIENCES PIPE TRANSACTION EXPECTED TO CLOSE AUGUST 1, 2025

*ETHZILLA CORPORATION SECURES $425 MILLION FROM 60 INSTITUTIONAL INVESTORS INCLUDING HARBOUR ISLAND, ELECTRIC CAPITAL, POLYCHAIN CAPITAL, GSR, OMICRON TECHNOLOGIES, KONSTANTIN LOMASHUK (CO-FOUNDER LIDO AND P2P ORG), SREERAM KANNAN (FOUNDER, EIGENLAYER), MIKE SILAGADZE (FOUNDER, ETHER FI), DANNY RYAN (CO-FOUNDER, ETHEREALIZE), VIVEK RAMAN (CO-FOUNDER, ETHEREALIZE), SAM KAZEEMANIAN (CO-FOUNDER, FRAX), GRANT HUMMER (CO-FOUNDER OF ETHEREALIZE), ROBERT LESHNER (FOUNDER, COMPOUND AND SUPERSTATE), TARUN CHITRA (FOUNDER, GAUNTLET) AND SEVERAL OTHER PROMINENT ETHEREUM ECOSYSTEM FOUNDERS AND LEADERS.

*ELECTRIC CAPITAL TO SERVE AS EXTERNAL ASSET MANAGER FOR ETHZILLA TREASURY

*180 LIFE SCIENCES PLANS UP TO $150 MILLION DEBT OFFERING FOLLOWING PIPE CLOSURE

Twenty One Capital announced that it has received an additional 5,800 BTC from Tether ahead of its planned listing, bringing its total holdings to over 43,500 BTC and making it the world’s third-largest corporate Bitcoin treasury. The average purchase price is $87,280.37 per BTC. — link

The company is backed by Tether and Bitfinex, with investment from SoftBank, and is currently progressing through the listing process.

Offshore RMB Stablecoin on the Horizon: With Hong Kong rolling out stablecoin regulations, firms like Ant and JD are advancing RMB stablecoins to boost cross-border use, support RMB internationalization, and challenge dollar dominance. Despite trust and regulatory hurdles, RMB stablecoins are set to gain ground in trade and offshore settlement. Read more — link

Ethereum validator exit queue reaches highest point ever — link | AI comment

Nasdaq-listed 180 Life Sciences (ATNF) plans a $425M private placement to allocate ETH as treasury reserve and rebrand as ETHZilla. The deal, expected to close on August 1, includes backing from Electric Capital, Polychain, GSR, and others. — link

The decentralized exchange Hyperliquid is suspected to be experiencing a malfunction, with some users reporting that they are unable to place or close orders.

Official representatives stated in Discord that the issue is under investigation and that updates will be shared promptly. — link

Hyperliquid: Orders are going through in real-time as of 14:47 UTC

Hyperliquid: The incident was caused by a surge in traffic that led to API server issues and delayed order transmission. It was not a hack or exploit. Additional monitoring and safeguards will be implemented to prevent similar issues in the future. — link

HYPERLIQUID RESUMES FUNCTIONALITY AFTER SOME ISSUES WITH ORDERS

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ETORO TO ADD 24 HOUR TRADING AND TOKENISED STOCKS HOSTED ON ETHEREUM: PRESS RELEASE

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DeFi sector TVL hit a 3-year high of $153B, with Ethereum leading nearly 60% of the market share — link | AI comment

eToro announced 24/5 trading for 100 U.S. stocks and ETFs, and plans to launch tokenized U.S. equities as ERC20 tokens on Ethereum. The company also partnered with CME to offer spot-priced futures and secured a $250 million three-year credit facility for strategic expansion. — link

China’s official media Xinhua: Chinese Vice Commerce Minister Li Chenggang said both China and the United States will continue to promote the scheduled extension of their respective measures—specifically, the 24% portion of U.S. reciprocal tariffs that had been suspended, and China’s countermeasures. — link

META IS GOING TO LET JOB CANDIDATES USE AI DURING CODING TESTS

META TOLD EMPLOYEES THAT IT IS GOING TO ALLOW SOME CODING JOB CANDIDATES TO USE AN AI ASSISTANT DURING INTERVIEW

Golden Goose, a chain abstraction DeFAI gamified yield platform incubated by Cycle Network, launched TGE pre-trading on July 29, with a peak FDV of over $80 million, and concurrently initiated the sale of its Diamond Egg NFTs on ETH, BSC, and ARB. The collection features 10,000 NFTs with dynamic pricing, offering holders mining boosts, airdrop rewards, governance rights, and early access to upcoming features. This article is sponsored by DeFAI. — link

Linea has released its tokenomics: ETH is used for gas, and LINEA serves neither as a gas token nor a governance token. At TGE, around 22% of the 72 billion total supply will be in circulation. 75% is allocated to an ecosystem fund, 15% to Consensys with a five-year lockup, and 10% to early user airdrops and strategic builders. — link

Coinbase has announced it will list Treehouse (TREE), an ERC-20 token on the Ethereum network, under its Experimental label. Treehouse is a decentralized fixed income layer. Trading will begin once liquidity conditions are met, with the TREE-USD trading pair launching in phases. — link

Coinbase has announced it will list BankrCoin (BNKR), a token on the Base network. Trading is set to begin on or after 9 AM PT on July 30, 2025. Bankr is an AI-driven platform. Once sufficient supply is established, the BNKR-USD trading pair will launch in phases. — link

*STRATEGY CLOSES $2.52B STRC IPO, BUYS 21,021 BITCOINS AT $117,256 WITH PROCEEDS

MicroStrategy Bought 21021 BTC At A Price Of $117,256 With Proceeds Of $2.5B STRC Sale

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Strategy (Nasdaq: MSTR/STRK/STRF/STRD) announced the completion of its initial public offering of STRC (Variable Rate Series A Perpetual Preferred Stock), raising approximately $2.521 billion. The company used the proceeds to purchase 21,021 bitcoins at an average price of approximately $117,256 per bitcoin. — link

SEC APPROVES IN KIND REDEMPTIONS AND CREATIONS FOR CRYPTO ETF'S

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The U.S. SEC has approved allowing crypto asset exchange-traded products (ETPs) to use in-kind creation and redemption mechanisms. Jamie Selway, Director of the SEC’s Division of Trading and Markets, stated that this mechanism will offer greater efficiency and cost advantages to issuers, authorized participants, and investors. — link

Base Overtakes Solana In Daily Token Launches, Knocking Solana From Its Number One Place It Has Held For Over 2 Years: Dune

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