CZ responds to the question about the yet to be released Binance Reserve Certificate: The snapshot was taken on the first day of the month, and the reserve certificate is usually released on the 5th or 6th

According to Decrypt, the Oregon Attorney General has requested that the federal court reject Coinbase's motion to transfer the securities lawsuit to federal court, insisting that the case should remain in state court for trial. The lawsuit accuses Coinbase of promoting unregistered cryptocurrency securities to state residents and profiting from millions of dollars in transaction fees. The core dispute of the case lies in the fact that the "Pratt test" adopted by Oregon is broader than the federal "Hawley test", and even if encrypted assets do not meet the definition of federal securities, they may still be recognized as state-level securities. Legal experts point out that if the state court ruling is upheld, it may trigger states to launch chain law enforcement against cryptocurrency companies based on local securities laws. It is worth noting that although the Trump administration withdrew the SEC's lawsuit against Coinbase in February this year, states are strengthening their regulatory authority through local securities laws. Coinbase claims that the lawsuit is&34; Regulatory enclosure movement&34; Warning that fragmented state level regulation will exacerbate industry chaos.

According to BlockBeats, on July 4th, Justin Sun appeared on the cover of Asia Weekly for the first time in 14 years and was interviewed. In the interview, Justin Sun stated that Bitcoin has the potential to challenge the global reserve currency status of the US dollar in the next decade. The core technologies of stablecoins and cross-border payments, the integration of AI and blockchain, and cross chain interoperability will be widely promoted or adopted. Previously, Justin Sun appeared on the cover of Asia Weekly in 2011, attracting attention as a young entrepreneur and early investor in Bitcoin.

According to Turkiye Today, Türkiye's Capital Market Committee (CMB) imposed an access blockade on PancakeSwap for "unauthorized provision of encrypted asset services", which is the first time that Türkiye has imposed sanctions on DEX. Also banned is the encrypted price comparison platform CryptoRadar. This decision is based on the regulatory authorization obtained by CMB last year, which can block the unlicensed overseas encryption service platform for users in Türkiye. Analysts pointed out that the move set a precedent for Türkiye's regulators to crack down on DEX, which may affect Uniswap, Raydium and other similar platforms. Previously, Türkiye mainly blocked centralized exchanges that did not apply for local licenses.

Odaily Planet Daily News: Artemis Terminal data shows that Coinbase's Layer 2 solution Base has experienced a net outflow of $4.3 billion this year, transforming from a leader in cross chain bridge capital inflows in 2024 to the "biggest loser". Ethereum has shown a significant rebound, with a net inflow of $8.5 billion, regaining its leading position in blockchain. （（CoinDesk）

Odaily Planet Daily News: Despite the recent sell-off in the cryptocurrency market, the strong long-term supply of Bitcoin suggests that the price will still rise. Currently, about 45% of the supply has not been liquid for at least three years, similar to the situation in February 2024. Since May 2024, the five-year unused supply has remained stable at 30%. Analysis suggests that despite the selling behavior of long-term holders (as they usually do when prices rise), data shows that this group has not significantly changed their overall trading behavior over the past year, which means many people are waiting for higher prices before taking further action. （CoinDesk）