VC Roundup: Investments in Web3 startups top $1B in July

[Anoma Co-Founder Claims Cosmos Ecosystem Is on the Verge of Extinction, Multiple Projects Shut Down or Transition] Anoma Co-Founder Christopher Goes stated that the Cosmos ecosystem is nearly extinct. Several projects have shut down (such as Penumbra), some projects have shifted to maintenance mode and redirected resources to other areas (such as Osmosis), and other projects have chosen to leave Cosmos (such as Noble).

[Vitalik-Linked Address Deposits 330 ETH to Paxos] According to monitoring, a Vitalik-linked address deposited 330 ETH to Paxos 11 hours ago, valued at approximately $1.02 million. This address previously received 50.1 ETH from Vitalik's public address vitalik.eth two years ago. This is the second time tokens have been deposited to Paxos since January 2025.

[X Product Lead Claims Crypto Tweets Are Self-Destructive, Sparking Controversy Before Deleting Post] Nikita Bier, X Product Lead and Solana Advisor, posted on the X platform stating that since October last year, the crypto tweet community has popularized account growth through mass replies. However, frequent posting depletes daily influence, as average users only browse about 20–30 posts per day. This has led some crypto users to excessively consume their influence in low-value interactions, reducing the reach of project announcements. He believes the decline in crypto tweet influence stems from community behavior rather than platform algorithms, describing it as 'crypto tweets heading toward decline through self-destruction.' The remarks sparked controversy, with LedgArt co-founder KALEO calling for his resignation. Nikita Bier has since deleted the related post.

[Willy Woo: Japan to Classify Bitcoin as a Financial Product, Potentially Stimulating Buying Pressure] Analyst Willy Woo stated that Japan will classify Bitcoin as a financial product this year, which will incentivize Japanese citizens to purchase Bitcoin. The tax rate on Bitcoin earnings or transactions will be reduced to 20%, instead of the marginal income tax rate (43-55% for annual income exceeding $57,000). Metaplanet will lose its tax arbitrage advantage compared to self-custody of Bitcoin. Additionally, approximately 110 cryptocurrencies are included, with staking rewards taxed at the marginal rate. Earlier reports indicated that Japan's Financial Services Agency may introduce cryptocurrency regulatory reforms in April 2026, redefining categories of crypto tokens like Bitcoin and Ethereum as financial products.

[Bitmine Stakes Another 86,400 ETH, Total Value $266.3 Million] On January 11 (UTC+8), according to Onchain Lens monitoring, Bitmine staked another 86,400 ETH, with a total value of $266.3 million. As of now, Bitmine has staked a total of 1,052,192 ETH, with a total value of $3.25 billion.