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Odaily Planet Daily News: According to official sources, Babylon Genesis Chain will adopt a dual virtual machine model of EVM and CosmMasm: CosmWasm (now available on the main network) is used to develop secure, high-performance smart contracts for Bitcoin. Wasm smart contracts are written in Rust, a language that fully supports the Bitcoin core library; EVM (to be added) has rich and mature DeFi products, a huge user base, and a strong developer community. The EVM promotion work of Genesis Chain is currently underway, and the development network has been launched. Once the testing network is launched, the public testing network endpoint will also follow suit. The official statement states that the EVM integration plan will be launched on the mainnet by the end of the third quarter to the beginning of the fourth quarter of 2025.

Foresight News reported that the hardware device dGEN1, released by the on chain operating system ethOS, has opened an NFT exchange physical channel. Users can now input specific delivery information, destroy their NFT holdings for application, and the device will start shipping in August. Foresight News previously reported that ethOS will release the dGEN1 hardware device in October 2024, priced at 0.2 ETH. The device has an auxiliary touch screen for notifications and metadata, and provides a system level on chain wallet.

According to BlockBeats, on June 30th, according to the @ pandajackson42 data panel, Binance Alpha's trading volume reached $470.24 million on June 24th, and daily trading volume has continued to decline since June 8th. Among them, BR had a trading volume of 332 million US dollars, VELO had a trading volume of 25.86 million US dollars, and KOGE had a trading volume of 20.1 million US dollars, ranking among the top.

According to SoSoValue data, the Bitcoin spot ETF had a net inflow of $2.22 billion in the previous week's trading day (June 23-27 Eastern Time). The Bitcoin spot ETF with the highest weekly net inflow last week was the Blackrock Bitcoin ETF IBIT, with a weekly net inflow of $1.31 billion. Currently, the total historical net inflow of IBIT has reached $52.31 billion. Next is the Fidelity ETF FBTC, with a net inflow of $504 million in a single week. Currently, the total historical net inflow of FBTC has reached $11.96 billion. The Bitcoin spot ETF with the highest net outflow in a single week last week was Grayscale ETF GBTC, with a net outflow of $5.69 million. Currently, GBTC has a total historical net outflow of $23.25 billion. As of press time, the total net asset value of the Bitcoin spot ETF is $133.17 billion, with a net asset ratio (market value to total Bitcoin market value ratio) of 6.25%. The historical cumulative net inflow has reached $48.87 billion.

Odaily Planet Daily News: Gan Tian, CEO of Huaxia Fund (Hong Kong), attended the China Wealth Management 50 Forum (CWM50) stablecoin seminar and stated that he has a "brainstorming" prediction for stablecoins: in the next 5, 10, or 20 years, fiat currencies will become stablecoins, and there are only a few commonly used stablecoins in the world. Gan Tian added that a certain number of transactions in Yiwu are settled through stablecoins, and the benefits of stablecoins are self-evident: low cost, fast, timely, and efficient. I believe that with the promotion of blockchain technology, a global currency consensus may eventually be formed. In the future, all countries will try to issue their own stablecoins, but for a country's stablecoin to ultimately win, two conditions need to be met: a strong financial market and sufficient strength in trade. (Huaxia Fund official account in Hong Kong)