According to Cointelegraph, StarkWare CEO Eli Ben Sasson proposed on the X platform to replace the hard cap of 21 million Bitcoin coins with an annual issuance rate of 4%. Eli Ben Sasson believes that the current hard cap is unreasonable because the private key will be lost over time. Ledger estimates that approximately 4 million bitcoins have been permanently lost. Eli Ben Sasson stated that a 4% annual issuance rate roughly matches the global population growth rate. The proposal has sparked strong opposition from the community, with opponents arguing that a fixed cap is the core value of Bitcoin and that Bitcoin can be divided into 21 trillion units, which is sufficient to address the issue of declining available supply.

According to The Block, South Korean fintech company Toss has partnered with Optimism and Sunnyside Labs to explore Korean won denominated stablecoins. The three parties will conduct a concept validation in the coming months to test the application of OP Stack in compliant blockchain digital finance infrastructure.

Arc announced that the Arc testnet will undergo load testing on July 8th to evaluate network performance and stability under extreme conditions. During the testing period, users may encounter network congestion, increased transaction failure rates, increased gas fees, prolonged block generation times, and brief pauses in block production.

According to Tradeweb data, the yield of the US 10-year treasury bond bond rose to a four week high of 4.565%.

DefiLlama data shows that the trading volume of RWA perpetual contracts exceeded $100 billion for the first time in June, setting a new historical high. （Cointelegraph）