On July 4, the White House announced that US President Trump is scheduled to sign the “Beautiful Law” at 5 PM local time, corresponding to 5 AM the following day
July 3rd, 2025 – Dubai, United Arab Emirates The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON’s ecosystem The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating. The investment underscores strong confidence in The Open Platform’s continued development of the blockchain ecosystem in Telegram, being built on TON. The involvement of prominent investors and the raised capital will support the launch of TOP’s portfolio companies across the U.S., EU, and other key regions. The Open Platform , the leading tech company developing TON-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the TON-based ecosystem in Telegram. The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in The Open Platform’s ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain – a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger. The current strategic focus of The Open Platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support the launch of TOP’s portfolio companies across the U.S., EU, and other key regions — in alignment with TON Foundation’s global vision. This expansion will involve significant investment in go-to-market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions. Andrew Rogozov, CEO and Founder of The Open Platform, said, “This investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram’s global reach, we’re building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.” The Open Platform is driving the growth of the TON-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that The Open Platform has powered include Wallet in Telegram , a digital asset solution seamlessly embedded into Telegram’s interface; Tonkeeper , TON’s leading non-custodial crypto wallet; STON.fi , the leading swap dApp on TON and the developer of a liquidity aggregation protocol, Omniston; Getgems , TON’s foremost NFT marketplace; Tribute , a monetization platform for creators in Telegram; and Notcoin , a viral Tap-to-Earn game, along with many more products. By integrating blockchain technology into everyday digital experience, The Open Platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto — expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer dApps. This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Nubank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users. Micky Malka, Founder of Ribbit Capital, said, “We back teams that reimagine how the world experiences money and technology. The Open Platform’s vision of building an intuitive and open platform that enables a robust digital ecosystem to form within Telegram — a platform used by hundreds of millions — opens a new frontier of opportunities for builders and users on a global scale.” “We’re thrilled to back this exceptional team led by Andrew. The opportunity to support groundbreaking tech and financial products that reach 1 billion people is inspiring,” said Ryan Barney, Partner at Pantera Capital. ”We’re excited to collaborate with the TOP team and strengthen our commitment to TON and Telegram’s ecosystems.” TON Blockchain has been the subject of increased institutional interest throughout this year. In March, TON Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, have acquired and now hold $400 million worth of Toncoin, signaling growing interest in the TON-based ecosystem in Telegram. About The Open Platform: The Open Platform (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users — accelerating the mass adoption of crypto. For more information, users can visit: top.co Stay connected on: LinkedIn | X | Telegram Contact Public Relations Manager Anna Lebedeva The Open Platform a.lebedeva@top.team This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post The Open Platform is first unicorn in Web3 ecosystem in Telegram at $1bn valuation appeared first on The Daily Hodl .
Sei’s adoption is rising sharply, but bearish funding and key resistance may slow a breakout.
Trump plans a pivotal visit to China with corporate executives. SOL Coin maintains positive value amidst evolving ETF scenarios. Continue Reading: Trump Sets His Sights on China and Economic Opportunity Looms The post Trump Sets His Sights on China and Economic Opportunity Looms appeared first on COINTURK NEWS .
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has just added the bulletproof hosting (BPH) services provider Aeza Group to its Specially Designated Nationals (SDN) list, a roster of individuals and organizations that pose threats to U.S. national security. BPH service providers sell access to internet infrastructures that enable cybercriminals, including ransomware actors, personal information stealers and illegal drug vendors, to evade detection and disruption of their malicious activities. In a statement, the OFAC says that the US is sanctioning the Russia-based web hosting company for its role in supporting cybercrimes that target victims in the US and around the world. The agency says the Aeza Group provided BPH services to ransomware and malware groups such as the Meduza and Lumma infostealer operators that targeted U.S. defense industrial base and technology companies. The Aeza Group also hosted the BianLian ransomware, RedLine infostealer panels and BlackSprut, a Russian darknet marketplace for drugs. Says Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith, “Cybercriminals continue to rely heavily on BPH service providers like Aeza Group to facilitate disruptive ransomware attacks, steal US technology, and sell black-market drugs.” The OFAC also sanctions affiliated companies, including the UK front Aeza International, along with CEO Arsenii Aleksandrovich Penzev, general director Yurii Meruzhanovich Bozoyan, technical director Vladimir Vyacheslavovich Gast and co-owner Igor Anatolyevich Knyazev. The designation prohibits US transactions involving the properties and interests of the sanctioned groups and individuals. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post U.S. Treasury Sanctions Russian Crypto Wallet Linked to Ransomware Operations appeared first on The Daily Hodl .
U.S. Senator Cynthia Lummis has introduced a cryptocurrency tax legislation proposal aimed at enacting a comprehensive digital asset tax framework in the United States. Lummis, who leads the Senate Banking Committee’s digital assets subcommittee, unveiled the crypto tax proposal on July 3, 2025, a day after it failed to make into the One Big Beautiful Bill Act as an amendment. The Senate recently passed OBBB, President Donald Trump’s mega tax and policy bill that’s now in the f inal stages of House approval before it heads to the president’s desk. You might also like: Senator Lummis pushes for crypto-friendly amendments in Trump’s Big Beautiful Bill A digital asset tax legislation The lawmaker has now introduced the proposal as standalone legislation. It seeks to amend the Internal Revenue Code of 1986 to reform how the U.S. tax code treats digital assets. Key highlights include a threshold, or de minimis rule, of $300 on crypto transactions, elimination of double taxation for crypto miners and stakers and tax parity – treating of crypto like other financial assets. The bill also proposes expanding securities lending rules to include digital assets, clarifying that digital asset lending is generally not a taxable event. “In order to maintain our competitive edge, we must change our tax code to embrace our digital economy, not burden digital asset users,” said Lummis. “This groundbreaking legislation is fully paid-for, cuts through the bureaucratic red tape and establishes common-sense rules that reflect how digital technologies function in the real world.” According to Lummis, it’s time America does not allow its “archaic tax policies” to stifle innovation. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,” she added. In a statemen, Lummis said she welcomes public comments on the bill. Lummis’ crypto tax bill joins other notable digital asset regulation bills in the U.S., including crypto market structure and stablecoin regulation. Both the CLARITY and GENIUS Act bills are matters currently on Congress’ calendar. Following Trump’s election, Lummis introduced the Bitcoin Act , a bill that seeks to establish a BTC strategic reserve for the U.S. You might also like: U.S. Senate passes landmark Genius Act, aiming to bring clarity in stablecoin regulation
The crypto firm behind the leading US-dollar pegged stablecoin USDT is looking to make Bitcoin ( BTC ) mining more sustainable. In a new press release, Tether says it is joining forces with Adecoagro on a renewable energy BTC mining project in Brazil. Adecoagro is a leading South American sustainable production firm. Tether and Adecoagro have co-signed a Memorandum of Understanding as they explore collaborating on BTC mining. As a result of this project, Adecoagro also plans to add BTC to its corporate balance sheet. Says Adecoagro Co-Founder and Chief Executive Officer Mariano Bosch of the partnership, “We’re excited to explore innovative ways to maximize the value of our renewable energy assets. This project opens the door to stabilizing a portion of the energy we currently sell on the spot market, locking in pricing, while also gaining exposure to the upside potential of Bitcoin.” The upcoming project will aim to show how renewable energy sources can be used to support crypto mining through both technology and infrastructure. Explains Tether CEO Paolo Ardoino, “Tether brings to the initiative its extensive experience in the bitcoin ecosystem, backed by a rapidly expanding portfolio of sustainable mining initiatives across multiple regions. As part of our long-term strategy to support resilient energy infrastructure and decentralized networks, we’re proud to collaborate with Adecoagro. This project is another step in our growing commitment to renewable-powered bitcoin mining and highlights the potential to align agricultural energy production with cutting-edge digital infrastructure. We believe this model can drive financial inclusion, promote energy efficiency, and serve as a blueprint for responsible innovation at the intersection of technology and sustainability.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Tether Teams Up With Sustainability Giant Adecoagro on Renewable Bitcoin Mining Energy Project appeared first on The Daily Hodl .
Bitcoin is outpacing the US dollar’s top benchmark this year by a wide margin. The DXY index, which tracks the greenback against a group of other major currencies, has dropped 12% since mid-January. That drop has erased nearly five years’ worth of gains, while Bitcoin has climbed almost the same percentage over the exact same stretch. The DXY’s decline comes with plenty of caveats. The index leans hard on Europe, with over half of its weight tied to the euro. Another 20% or so is unevenly distributed between the British pound, Swedish krona, and Swiss franc. Only one currency from Asia, the Japanese yen, makes it into the basket, holding around 14% of the index. The Chinese renminbi doesn’t appear at all. Even so, the US dollar has still slipped roughly 2.5% against the yuan since January. Bitcoin’s performance, when laid over DXY’s slide, shows clear divergence. The orange line, representing BTC/USD, has moved up nearly 12% in six months. Source: Blockworks The DXY , in blue, has dropped by nearly that exact percentage. A purple line in the chart showed BTC/USD after adjusting for DXY’s volatility starting from last year, further revealing how disconnected Bitcoin has become from dollar weakness. Looking at performance across different timeframes, BTC/USD has beaten crude oil, gold, the S&P 500, and the Nasdaq 100 across one-year, three-year, and five-year spans. Nvidia is the only major asset to outperform Bitcoin over three and five years, but it’s not displayed in the latest comparative chart. Bitcoin touches new highs across different metrics Rather than compare Bitcoin in dollar terms alone, analysts are now watching its price relative to major financial indices and commodities. The BTC/S&P 500, BTC/Nasdaq 100, and BTC/crude oil ratios all peaked in late May, with current levels still hovering just under those highs. In raw dollar value, Bitcoin remains just 2% below its all-time high. The gold/Bitcoin ratio hasn’t followed suit. It’s now 20% below its record from just before Christmas 2024, making it the only major cross to fall that far off its peak. Still, one milestone was hit early this morning on Coinbase, when Bitcoin reached $110,500. That price wasn’t just a dollar benchmark — it represented a new all-time high when adjusted for the DXY, coming in at 1139.58. That number is 2% above the previous DXY-adjusted high set in late May. While DXY’s structure has been questioned, the new record remains factual. The current price levels have major implications for short sellers. If BTC crosses $115,000 , more than $6 billion worth of short positions stand to be liquidated. And right now, with prices just shy of record highs, 99% of Bitcoin holders are sitting in profit, based on public blockchain data tracked since January. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Nasdaq-listed China-based Web 3.0 infrastructure provider Nano Labs announced that it has purchased 74,315 Binance Coins (BNB). The company made the transaction via the over-the-counter (OTC) market, purchasing approximately $50 million worth of BNB at an average unit price of $672.45. With this move, Nano Labs’ total reserves in digital assets such as Bitcoin and BNB reached $160 million. In its press release, the company described this acquisition as “the first step of the BNB strategic plan,” while reiterating its commitment to increasing its BNB holdings in the long term. Related News: Warning: New Virus Detected That Drains Cryptocurrency Wallets - Here's the Culprit Software and What to Do About It Nano Labs announced that it will conduct comprehensive analyses on the security and long-term value of BNB, and that they aim to purchase up to $1 billion of BNB through convertible bonds and private sales in the first phase. The company's long-term plan is to own 5% to 10% of BNB's total circulating supply. The BNB price has lost about 1% of its value in the past month, while the Bitcoin price has increased by about 3% in the same time period. *This is not investment advice. Continue Reading: Chinese Company Makes Massive Investment in Altcoin: “Our Goal is to Own 5 to 10 Percent of Total Supply”
XRP is gaining momentum as Ripple Labs pursues a US banking license, sparking renewed investor optimism and a potential price rally. The altcoin’s technical indicators suggest a bullish breakout could