South African Web3 startup Momint announced it is ceasing operations, primarily due to rising operational costs, lackluster user growth, and a challenging financing environment. The company, founded in 2021, was South Africa's first NFT marketplace supporting local currency transactions and successfully raised $2.1 million in funding. Despite achieving a certain volume of transactions after shifting to physical asset tokenization, insufficient liquidity and regulatory pressure led to its eventual closure.

South African Web3 startup Momint has announced its cessation of operations since its establishment in 2021 due to rising operational costs, weak user growth, and a harsh financing environment. Although it transformed into physical asset tokenization and launched an investment platform, insufficient liquidity and regulatory pressure ultimately led to its closure, summarizing the market challenges it faced.

South African Web3 startup Momint has announced it will cease operations since its establishment in 2021 due to rising operational costs, lackluster user growth, and a challenging financing environment. Although it transformed into a physical asset tokenization and launched an investment platform, insufficient liquidity and regulatory pressure ultimately led to its closure, summarizing the market challenges it faced.

Focusing on the Telegram Open Network (TON) protocol and application developers, The Open Platform(TOP) announced on Thursday that it has completed a $28 million Series A funding round, achieving a valuation of $1 billion, becoming the first encryption unicorn in the Telegram blockchain ecosystem.

Gate News bot reported that a man who claims to be a victim of a crypto assets "Pig-butchering scams" has recently sued Citibank for failing to timely detect warning signs, and now he has filed a second lawsuit against two other banks. Michael Zidell filed a lawsuit against East West Bank and Cathay Bank in federal court in California on Tuesday, accusing the two banks of "ignoring their legal duties and obligations."

Introduction Stella Fantasy blockchain game is sparking a revolutionary gaming experience in the cryptocurrency space. This innovative game cleverly integrates blockchain technology with traditional gaming elements, opening up a virtual world full of opportunities for players. From unique mining gameplay to NFT character development, and a comprehensive crypto-economic ecosystem, Stella Fantasy not only enriches the gaming experience but also offers players diverse income streams. Let us dive into this exciting new realm of digital assets. Stella Fantasy: Revolutionary Blockchain Game Experience Stella Fantasy cryptocurrency game brings players an unprecedented blockchain gaming experience. This game cleverly combines blockchain technology with traditional gaming elements, creating an innovative virtual world. Players can explore and adventure in the game while participating in the blockchain.

The so-called "Airdrop Hunters" are injecting $1.5 billion into several new applications and projects related to the decentralized exchange (DEX) Hyperliquid. The core driving force behind this is the strong expectation of obtaining the next Token Airdrop rewards. In November last year, Hyperliquid airdropped about one-third of its native Token HYPE total supply to around 100,000 users who interacted since the platform's launch in 2023. The key airdrop opportunity is that the project party still holds about 39% of the Token reserves, which are planned for future airdrop activities. Users hope to obtain shares of the next round of airdrops by actively participating in the ecosystem.

Gate News Bot News, July 4th, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently at $0.02, with a rise of 6.19% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $1.05 billion, an increase of $61.2 million compared to yesterday. Ranked 68th. Pudgy Penguins is a global IP brand focused on penguins, internet culture, and a positive atmosphere. The brand produces content, merchandise, toys, and digital collectibles, dedicated to helping users unleash their inner childhood. Pudgy Penguins believes in the power of play and imagination and is committed to providing users with a warm penguin family experience. PENGU recent important news: 1️⃣ **Continued Leading Heat

On July 4th, the crypto market was influenced by the better-than-expected June US Non-farm Payrolls (NFP), with most zones showing a slight rise. Bitcoin rose by 0.47% and Ethereum rose by 0.41%. The NFT and Meme zones performed prominently, rising by 1.92% and 1.58%, respectively. Other zones like PayFi and Layer1 also saw slight increases. The index indicates that the encryption zone as a whole continues to improve.

Odaily News CryptoSlam data shows that in June, Ethereum on-chain NFT sales amounted to approximately $100,148,795.05, marking the lowest monthly sales record since February 2021, while last month's Ethereum on-chain NFT transaction volume was about 549,000. As of now, the total sales of NFT on the Ethereum blockchain have approached 46 billion USD, with the total number of on-chain transactions reaching 55.1216 million.

BlockBeats news, on July 4, Eclipse officially announced on social media that its ES Airdrop inquiry is now online. In addition, After School Club posted on social media stating that ASC holders will directly receive the ES Airdrop on the day of the Eclipse TGE. There is no Snapshot and no minting. If users hold ASC, they will directly receive ES in their Wallet.

Gate News Bot news, July 4th, according to CoinMarketCap, as of the time of writing, ETH (Ethereum) is currently priced at $2593.35, with a rise of 0.97% in the last 24 hours, reaching a high of $2635.19 and a low of $2378.39. The current market capitalization is approximately $31.306 billion, an increase of $2.998 billion compared to yesterday. Ethereum is a leading innovative application and blockchain network platform. It provides infrastructure for decentralized applications (DApps), supporting various application scenarios such as smart contracts, stablecoins, DeFi, and NFTs. Ethereum is committed to building a more equitable and open financial system and internet, offering users data privacy protection and asset ownership. As the center of blockchain innovation, Ethereum attracts a large number of developers to its ecosystem.

Gate News bot news, led by the former co-founder of OpenSea, OpenRouter has completed a $40 million seed round and Series A financing, aimed at accelerating the development of its large language model aggregation platform. The financing was led by Andreessen Horowitz (a16z) and Menlo Ventures, with participation from Sequoia Capital and well-known industry angel investors. According to a source cited by The Wall Street Journal, the company's current valuation is $500 million.

Odaily News CUDIS announced that the second season will start at the end of July, lasting for 6 months and divided into 6 sub-seasons. Each month, 0.4% CUDIS will be distributed as rewards, with an additional 2.6% prize pool at the end of the season. Only CUDIS ring holders are eligible to participate. Users can earn HP points through daily tasks such as exercising, sleeping, wearing the ring, and recording emotions, and can gain bonuses through staking. HP resets to zero at the end of each season, supporting social challenges and data NFT minting, with some tasks allowing up to 500 points daily.

Gate News Bot news, July 3rd, according to CoinMarketCap data, as of the time of writing, RON (Ronin) is currently priced at $0.61, having risen 39.17% in the last 24 hours, reaching a high of $0.69 and a low of $0.43. The current market capitalization is approximately $402 million, an increase of $113 million compared to yesterday. Ronin is a blockchain network specifically designed for game developers. It features speed and scalability and has been tested in practice by millions of players. The Ronin ecosystem includes various types of games such as social MMOs, turn-based card battles, land adventures, real-time strategy, and more. The platform provides developers with simplified user account and wallet integration, NFT collectibles listing, sponsored transactions, and other functionalities, aiming to help developers build and scale games and applications more easily. Important news about RON recently

In July 2025, the total amount of token unlocks for the top 10 is expected to exceed $782.35 million. Token unlocks occur under specific conditions, allowing for the trading of previously restricted tokens. The market should follow the unlock situation of the top ten encryption tokens this month, as these events will significantly impact market prices, investment decisions, and risk management strategies.

Gate News Bot news, on July 3rd, according to CoinMarketCap data, as of the time of writing, BONK (Bonk) is currently priced at 0.0000167381 USD, with a rise of 21.94% in the last 24 hours, reaching a maximum of 0.0000167864 USD and a minimum drop to 0.0000129664 USD. The current market capitalization is approximately 1.345 billion USD, an increase of 242 million USD compared to yesterday. Currently, BONK ranks 59th in the global Crypto Assets market capitalization. BONK is a diversified encryption project with multiple key products. These include the BONKrewards platform, which provides rewards for users who lock BONK tokens, and the BONKmark electronic greeting card system, which facilitates users in bringing their friends and family into the blockchain world. In addition, BONK has also launched BONKscoop.

Gate News Bot message, July 3rd, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at 0.02 USD, having risen 7.19% in the last 24 hours, with a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 969 million USD, an increase of 65 million USD from yesterday. Currently, PENGU ranks 72nd in global Crypto Assets market capitalization. Pudgy Penguins is a global IP brand focused on promoting penguin culture, meme culture, and a positive atmosphere. The project is dedicated to producing content, merchandise, toys, and digital collectibles. The Pudgy Penguins brand believes in the power of play and imagination, and is committed to helping users unleash their inner child. PENGU recent important news: 1️⃣

Gate News Bot news, July 3rd, according to CoinMarketCap data, as of the time of writing, ETH(Ethereum) is currently priced at 2571.05 USD, with a rise of 6.71% in the last 24 hours, reaching a high of 2616.78 USD and a low of 2378.39 USD. The 24-hour volume has reached 24.471 billion USD. The current market capitalization is approximately 310.37 billion USD, an increase of 19.515 billion USD compared to yesterday. Ethereum is a decentralized open-source blockchain network that supports smart contract functionality. It is a leading platform for innovative applications and blockchain networks, providing developers with powerful tools to build decentralized applications ( DApps ). The Ethereum ecosystem includes decentralized finance ( DeFi ), non-fungible tokens ( NFT ), decentralized autonomous organizations ( DAO ) and more.

Gate News Bot news, on June 26, according to CoinMarketCap data, as of the time of writing, DATA (Streamr) is currently priced at 0.02 USD, having risen 15.51% in the last 24 hours, with a high of 0.02 USD and a low of 0.01 USD, and a current market capitalization of approximately 20.1 million USD, an increase of 2.69 million USD compared to yesterday. Important news about DATA (Streamr) recently

Gate News bot news, according to CoinTelegraph, Citibank is being sued by a person who claims to be a victim of a Crypto Assets romance scam, accusing the bank of ignoring warning signs that led to the scammer absconding with $20 million.

According to Gate News bot, CoinTelegraph reported that Vincent Liu, the Chief Investment Officer of Kronos Research, stated that although companies are adopting Bitcoin to diversify financial risks and tap into new liquidity amid the inflated national dollar debt levels, purchasing Bitcoin is still not enough.

Gate News bot reports that, according to CoinGape, the Chicago Board Options Exchange (CBOE) has announced its intention to list and trade shares of the Canary PENGU ETF in a filing submitted to the U.S. Securities and Exchange Commission (SEC). The commission currently needs to decide whether to approve this fund, which would provide investors with the opportunity to invest in the PENGU meme coin and Pudgy Penguin NFT.

In the Web3 world, what is the easiest to break through? The answer is often not complex code, obscure protocols, or intricate mechanisms, but rather an image, an expression, or a phrase—that is, memes. And MemeX is like a professional player in this era's wave of "making money from memes." It is not an ordinary project, but a fusion of meme culture, creator incentives, and on-chain consensus, aimed at capturing the true value of memes and allowing every meme creator to truly have the possibility of monetization. MemeX is a social launch platform built on the MemeCore Mainnet, aimed at solving the problem of "fragmentation of meme communities" and creating "a space where meme users can easily participate and comfortably enjoy."

Gate News Bot news, July 2, according to CoinMarketCap market data, as of the time of writing, SOL (Solana) is currently priced at $148.81, down 2.09% in the last 24 hours, with a high of $157.71 and a low of $137.79, and a 24-hour volume of $3.504 billion. The current market capitalization is approximately $79.557 billion, a decrease of $1.702 billion compared to yesterday.

Gate News Bot news, July 2, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at 0.01 USD, with a rise of 0.31% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 918 million USD, an increase of 2.86 million USD compared to yesterday. Currently, PENGU is in the global encryption...

Gate News Bot news, July 2nd, according to CoinMarketCap data, as of the time of writing, SPX (SPX6900) is currently priced at $1.09, falling 10.10% in the last 24 hours, with a high of $1.40 and a low of $1.08. The current market capitalization is approximately $1.017 billion, a decrease of $114 million compared to yesterday. SPX6900 is a multi-chain deployed token.

Gate News, as Layer1 (L1) Block launches its Decentralizationhot storage Shelby, Aptos (APT) rose 12% on Tuesday, aimed at bringing high-performance data to the chain to unlock new forms of internet applications, content flow, and artificial intelligence (AI) inference.

Gate News bot message, according to CoinGape, the new XRP Ledger software update is now live, bringing a wealth of features. This update, named 2.5.0 software update, brings XRPcoin (XRP) one step closer to challenging the dominance of Ethereum (ETH) and Solana (SOL).

Gate News bot message, social finance application Hana announced through platform X that it plans to distribute most of the Airdrop to Capsule Shop NFT holders. The announcement stated that the snapshot phase of the Hanafuda application has been completed, and some participants have received the Allowlist eligibility for minting Capsule Shop NFTs. Those who did not obtain Allowlist eligibility will...

Gate News bot message, VeChain has recently announced the launch of the StarGate stake program, which provides a new upgrade for native staking on the VeChainThor Blockchain. The plan establishes a $15 million rewards pool, lasting for six months. According to the new weighted delegated proof of stake consensus mechanism, users only need to hold 10,000 VET to participate in stake. Stake participation

PANews, July 1st - CyberStep, the operator of the popular online claw machine game Toreba in Japan, announced the launch of a new business for the strategic reserve and operation of cryptocurrency assets starting from July 1st, planning to invest up to 1 billion yen. This new business will be handled by its newly established strategic department, Cryptech Capital, with the aim of building a new revenue base and accelerating expansion into the Web3 field. The company plans to establish a "self-circulating token economy" by exchanging tokens generated through its Web3 services for mainstream cryptocurrency assets such as Bitcoin and Ethereum, to be used as corporate asset reserves. As a specific case, its blockchain game Eggle allows users to acquire Eggle Energy Token ($ENG) during the cultivation of NFT characters, and this token will be included in the strategic investment scope of the new business. Cryptech

According to Gate News bot and CoinDesk, CyberStep, which operates the online claw machine game "Claw Master", announced that it will launch a new encryption asset strategic reserve and management business starting from July 1. This business will be managed by the newly established strategic department "CRYPTECH Capital", aimed at building a new revenue base for the company and accelerating its business expansion into the Web3 field.

Gate News bot message, according to longer technical documentation, a meta-protocol named Bitcoin Alkanes has recently appeared in the Bitcoin ecosystem. This protocol provides developers with tools to create applications, NFTs, and tokens on the Bitcoin network. The design goal of the Alkanes protocol is to expand the functionality of the Bitcoin network. Following Ordinals

Gate News Bot message, July 1, according to CoinMarketCap, as of the time of publication, PENGU (Pudgy Penguins) is currently priced at $0.01, with a rise of 2.67% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $916 million, an increase of $23.9 million compared to yesterday. Currently, PENGU in the global encryption

In the digital age, the importance of data privacy is increasingly evident. Recently, the cryptography company Zama, which focuses on fully homomorphic encryption (FHE) technology, announced exciting news: they successfully completed a $57 million Series B funding round led by Blockchange Ventures and Pantera Capital. This funding round not only brings Zama's total funding to over $150 million but also pushes its valuation beyond $1 billion, making it the first "unicorn" company to enter the field of fully homomorphic encryption. This milestone is not only a victory for Zama but also a beacon of hope for the development of privacy protection technologies in blockchain and the entire digital world.

ChainCatcher news, Camp Network announced that the incentive summit series Act 2 is now live, adding 16 teams, including the AI-generated content community Reblapp, the NFT trading platform Rarible, the on-chain competitive project Olympics.fun, covering six major themes including on-chain IP, AI, gaming, social, and Decentralized Finance. It is reported that participants can engage in tasks and earn rewards through the official testing platform. In addition, the team recruitment for the Act 3 series has begun preparations.

Gate News bot message, the activity patterns of Korean users on the three major public chains, Ethereum, Base, and Solana, are becoming increasingly clear. Data shows that in the first half of 2025, Ethereum is primarily used by Korean users for NFT trading and DEX interactions. Korean users on the Base platform mainly participate in DEX trading and on-chain gaming. Meanwhile, in the Solana ecosystem, Han...

According to Gate News bot, Protos reported that the encryption law firm Burwick Law filed a $440 million lawsuit against defendants including Dubai real estate developer Peter McInnes, requesting the delivery of legal documents in the form of NFT. The lawsuit alleges that the defendant illegally raised over $450 million through the TradeAI and Stakx projects. Due to the defendant's difficulty in...

According to BlockBeats news on June 24, Decrypt reported that Flashnet and Brale plan to launch the Bitcoin-native supported USD stablecoin USDB in collaboration with Magic Eden this summer, which will be supported by the Bitcoin layer two network Spark. Magic Eden will assist in distributing USDB and in its

Gate News Bot News, June 30, according to CoinMarketCap, as of the time of writing, SPX (SPX6900) is currently priced at $1.35, with a rise of 8.48% in the last 24 hours, reaching a high of $1.40 and a low of $0.98. The current market capitalization is approximately $1.261 billion, with an increase of $99.86 million compared to yesterday. SPX6900 is a multi-chain cryptocurrency, total

Gate News Bot news, June 30, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at $0.01, with a rise of 10.24% in the last 24 hours, reaching a high of $0.01 and a low of $0.01. The current market capitalization is approximately $903 million, an increase of $83.8 million compared to yesterday. Pudgy Penguins is a complete

According to the Gate News bot and Foresight News, the hardware device dGEN1 of the on-chain operating system ethOS has officially opened the physical exchange channel for NFTs. Users holding NFTs can complete the physical claim by submitting delivery information and destroying the NFT. The dGEN1 device is scheduled to start shipping in August. According to a report by Foresight News earlier, ethOS will be launched in October 2024.

The NFT market has seen a resurgence in the past week, with trading volume rising by 8.17% to $125.1 million. The number of buyers remained stable at 1.06 million, while the number of sellers increased by 8.09% to 38,494. Trading volume on the Ethereum and Immutable networks surged significantly. High-value transactions were mainly concentrated in the CryptoPunks series.