The BNB Foundation, a non-profit organisation supporting the development of the BNB Chain, has announced the completion of the 32nd quarterly burn of the Binance Coin (BNB). According to a blog post by the organization, the latest burn event removed 1.595 million BNB from the asset’s circulating supply. The total includes the actual tokens burned and some coins removed via the Pioneer Burn Program, which helps users recover their lost BNB. BNB Chain Completes 32nd Burn The burned coins were worth approximately $1.024 billion at the time of completion. BNB now has a total supply of 139.2 million following the latest event. The last burn reported in mid-April totaled $916 million. BNB Chain initiated the auto-burn program in December 2021, aiming to reduce the total supply of BNB to 100 million. Initially, the network tied the burns to Binance’s quarterly profits and trading volume on the centralized exchange. However, this auto-burn mechanism determines the amount of BNB to burn by evaluating the number of blocks produced on the BNB Chain on a quarterly basis and the average price of the asset. This ensures transparency and predictability. After the BNB Foundation sends the burned tokens to a blackhole address, it reports the figures quarterly. The organization states that this quarter’s burn and future ones will be conducted directly on the BNB Smart Chain (BSC) due to the BNB Chain Fusion. The Fusion is an initiative that seeks to streamline the BNB Chain ecosystem by migrating the BNB Beacon Chain’s functionalities to the BSC, thereby retiring the former. Will BNB Rally? Based on demand and supply laws, these quarterly burns could positively impact the price of BNB. With the aim of reducing the asset’s circulating supply, increased demand for BNB could trigger a significant and sustainable rally for the coin. Some institutions are already purchasing large amounts of BNB, with more likely to follow as crypto adoption expands. Last month, the Hong Kong-based, Nasdaq-listed crypto infrastructure company Nano Labs unveiled a $500 million convertible note offering, with the intention of using its proceeds to acquire BNB as a strategic treasury reserve. Just last week, Nano Labs revealed it had purchased 74,315 BNB for a total of $50 million. The company intends to buy up to $1 billion worth of BNB, owning a substantial portion of the asset’s circulating supply. The post BNB Chain Completes 32nd Quarterly Burn — Could This Fuel a Rally? appeared first on CryptoPotato .
Ripple has broken out of its prolonged descending wedge pattern, signaling a bullish shift. However, with notable resistance ahead, the price may enter a period of sideways consolidation before the next major move. XRP Analysis By Shayanmarkets The Daily Chart XRP has successfully broken out of a prolonged descending wedge pattern, a strong bullish signal. This breakout occurred at the critical $2.36 level, where the wedge’s upper boundary intersected with the 200-day moving average. This move marks a shift in market sentiment and opens the door for further upward momentum. However, XRP now faces significant resistance at the previous major swing high of $2.47, a zone where notable selling pressure is likely to emerge. As a result, the price is expected to consolidate in the short term between the $2.36 breakout level and the $2.47 resistance until a clear pullback is completed and buyers regain control. The 4-Hour Chart On the lower timeframe, Ripple has broken decisively above the $2.3 resistance, a level that has repeatedly capped the price in recent months. This breakout has been accompanied by strong bullish momentum, with the formation of large bullish candles reinforcing the shift. However, XRP now approaches a key supply zone and bearish order block between $2.42 and $2.47, aligning with the previous swing high. This zone could serve as a short-term ceiling, potentially triggering a pullback or temporary rejection. At the same time, the buy-side liquidity resting above this area presents an attractive target for smart money. Therefore, Ripple’s behavior around this crucial level will likely determine the next move, either a bullish breakout and continuation toward higher resistance levels or a rejection and return to lower support zones. The post Ripple Price Analysis: XRP Breaks Consolidation, Eyes Next Key Targets appeared first on CryptoPotato .
Trump consistently criticizes the Federal Reserve, calling for significant rate cuts. A 300bp cut could have widespread economic impacts, including inflation and market rallies. Continue Reading: Fed’s Potential 300bp Rate Cut Sparks Economic Debate The post Fed’s Potential 300bp Rate Cut Sparks Economic Debate appeared first on COINTURK NEWS .
Ant International, the international subsidiary of China's largest internet finance company Ant Group, has formed a strategic partnership with US-based stablecoin issuer Circle. Ant Group's International Unit Prepares for USDC Stablecoin Integration by Partnering with Circle As part of this collaboration, Circle's digital currency, USDC, which is pegged one-to-one to the US dollar, will be integrated into Ant International's blockchain platform. While the initial integration process begins at the technical level, official use and adoption will be rolled out after Ant International achieves full compliance with US regulations. Ant Group is known for its leadership in digital payments and financial technologies, particularly in the Asia-Pacific region. This move is part of the company's global vision for stablecoins and blockchain. The partnership aims to provide more transparent, faster, and lower-cost solutions for international payments. USDC is currently considered one of the world's leading regulated stablecoins and is preferred by many financial institutions thanks to its transparent reserve structure. This development highlights the growing interest of Chinese companies in stablecoin technologies on a global scale and their efforts to comply with US-based regulations. *This is not investment advice. Continue Reading: Ant Group, China's Largest Internet Finance Company, Announces Partnership with Stablecoin Giant! Details Here
DDC Enterprise and Animoca Brands have launched a groundbreaking $100 million Bitcoin yield strategy, marking a significant step in institutional adoption of digital assets. This strategic partnership integrates Animoca’s co-founder
Bitcoin’s Puell Multiple indicator signals that the cryptocurrency’s current market cycle is far from over, with Phase 4 still pending and bullish momentum building. The extended gap between Phases 3
NFTs, or Non-fungible tokens, are digital identifiers or cryptographic tokens that cannot be copied. They
The Ethereum Foundation has unveiled a strategic reorganization aimed at enhancing its ecosystem development. This initiative concentrates on four pivotal domains: strengthening enterprise relations, accelerating developer growth, improving infrastructure, and
Capital markets have long tiptoed around trillions in untapped value. Now, with YZi Labs’ backing, Aspecta is laying down the rails for price discovery in the world’s most elusive assets, from locked tokens to legacy equities. YZi Labs announced on July 10 that it has made a strategic investment in Aspecta, a blockchain infrastructure project focused on unlocking liquidity for illiquid assets like locked tokens, pre-TGE shares, and private equity. The deal marks a new chapter in YZi’s broader thesis around on-chain transparency and early-stage asset formation. Aspecta’s core product suite, BuildKey and Aspecta ID, offers tools to standardize, attest, and price assets that typically fall outside traditional market infrastructure. With over 650,000 users already onboarded, Aspecta has emerged as one of the most active players in the on-chain credentialing and asset discovery space. You might also like: Rumble teams up with MoonPay to power crypto-fiat wallet integration The infrastructure behind the illiquid asset revolution According to the announcement, YZi Labs first crossed paths with Aspecta during BNB Chain’s MVB Season 7 in early 2024, when the project was still cementing its reputation as a critical layer for developer identity and credentialing. Aspecta ID, its AI-powered attestation protocol, had already onboarded tens of thousands of GitHub-verified builders, a signal that the team understood something fundamental about trust in decentralized ecosystems. But what caught YZi’s attention wasn’t just the traction; it was Aspecta’s pivot toward solving a far thornier problem: the complete lack of price discovery for assets locked behind vesting schedules, private rounds, or regulatory limbo. Since then, Aspecta’s infrastructure has quietly become the backbone for a new class of asset markets. Its BuildKey framework, which wraps illiquid holdings into tradable ERC-20-like instruments, has facilitated over 50 million trades across 25+ digital assets, proof that demand exists, even for traditionally frozen capital. YZi Labs said the fresh investment will fuel two immediate priorities for Aspecta. First, deeper integrations with institutional partners, particularly those bridging real-world assets and private equities onto chains. Second, scaling BuildKey’s liquidity mechanisms to handle more complex assets, from pre-TGE startup equity to obscure OTC derivatives. “We believe transparent, on-chain infrastructure for illiquid assets will be fundamental to the next chapter of blockchain adoption,” said Alex Odagiu, Investment Director at YZi Labs. “Aspecta’s vision for permissionless price discovery and lifecycle liquidity aligns with our belief that open, inclusive markets can drive innovation and accessibility.” For YZi, the move reflects a broader strategic bet on the next evolution of blockchain infrastructure: one that doesn’t just tokenize assets, but contextualizes them. In a sector still prone to sudden unlock events and illiquid surprises, bringing transparency to the formation and valuation of non-standard assets is a structural pivot that could redefine the industry in many ways. Read more: Puff, puff, Pavel Durov? Snoop Dogg launches weed-themed NFT drop on Telegram
July 10th, 2025 – Abu Dhabi, UAE Main takeaways YZi Labs has invested in Aspecta, a blockchain infrastructure platform enabling intelligent attestation, price discovery, and lifecycle liquidity for illiquid assets like pre-TGE shares, locked tokens, private equities, RWAs and more. The funding will help Aspecta scale its network, enhance collaborations with major partners, and expand global adoption of its open economy framework for “alpha assets.” YZi Labs today announced its strategic investment in Aspecta (X: @aspecta_ai), a blockchain infrastructure building the foundation for an open economy around illiquid assets at trillion-dollar scale. This investment highlights YZi Labs’ commitment to support fair participation in emerging asset ecosystems through verifiable, on-chain frameworks. Announcement available on X.com via this link. Aspecta addresses a fundamental gap in capital markets: early-stage or locked assets often enter public markets without transparent pricing, creating volatility and mistrust. Its solution includes BuildKey , a framework that standardizes illiquid assets into ERC-20-like credentials allowing open on-chain price discovery, and Build Attestation (Aspecta ID), an AI-powered reputation protocol that helps developers and early projects build trust and signal credibility. Together, these tools enable illiquid assets to be represented, attested, and traded more openly – laying the groundwork for an open, inclusive market for “alpha assets.” YZi Labs first met the Aspecta team during BNB Chain’s MVB Season 7 in March 2024. At the time, Aspecta was scaling Aspecta ID and had become one of the largest platforms supporting developers and early-stage projects; they were also working with Google Developer Group and various L1/L2 chains to grow the builder ecosystem. A standout effort during that period was the launch of the BNB Chain Builder Economy , the first builder-community consensus with productivity tokenization. Fast forward to June 2025, Aspecta has supported over 650,000 users across Aspecta ID and BuildKey, with more than 54,000 GitHub-verified developers and projects onboarded. Its infrastructure underpins open price discovery for 25+ digital assets and facilitated over 50 million asset trades via Buildkey framework. The strategic funding from YZi Labs will help Aspecta deepen integrations with major partners, enabling new avenues for transparent, long-term asset growth. It will also scale its open economy framework and liquidity systems to support more illiquid assets—like private equities and other RWAs—within a permissionless, interoperable network, while advancing global adoption and open price discovery from the earliest stages. “We believe transparent, on-chain infrastructure for illiquid assets will be fundamental to the next chapter of blockchain adoption,” said Alex Odagiu , Investment Director at YZi Labs. “Aspecta’s vision for permissionless price discovery and lifecycle liquidity aligns with our belief that open, inclusive markets can drive innovation and accessibility.” “We’re thrilled to be backed by YZi Labs to scale the open economy for trillions in illiquid assets,” said Jack He , Co-Founder of Aspecta. “From pre-TGE shares to post-TGE locked tokens, Web2 private equities, RWAs, and non-standard OTC assets — our goal is to enable these assets to be attested, openly priced, freely traded, and supported from the earliest stages through collective effort.” About YZi Labs YZi Labs manages over $10 billion in assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech. YZi Labs’ portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs’ portfolio companies have gone through our incubation programs. For more information, users can follow YZi Labs on X . About Aspecta Aspecta is a blockchain infrastructure enabling an open economy for illiquid assets at the trillion scale. It facilitates intelligent attestation and unlocks lifecycle liquidity for pre-TGE shares, locked tokens, private equities and RWAs, anchored in global on-chain price discovery. Disclaimer: The information provided in this article is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. This article may contain forward-looking statements which are by nature subject to risks and uncertainties. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions. Contact Brand & PR Manager Yuna Yu YZi Labs yuna.y@yzilabs.com 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 YZi Labs Invests in Aspecta to Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets appeared first on The Daily Hodl .