Golden Morning Post | Circle Launches Wallet-as-a-Service Developer Platform

Headline

▌****Circle Launches Wallet-as-a-Service Developer Platform

USDC issuer Circle has launched a wallet-as-a-service platform for developers. The service allows developers to embed web3 wallets into their applications while offering a user-friendly design. These wallets work with any blockchain, making it easier for users to access NFTs, cryptocurrencies, and other web3 digital assets. Circle CEO Jeremy Allaire said that if you're more tech-savvy, you can start self-serving on the platform and launching applications from now on.

Quotes

As of press time, according to coinmarketcap data:

The latest transaction price of BTC is 29980.5 US dollars, with an intraday increase and decrease of -1.35%;

The latest transaction price of ETH is 1857.13 US dollars, with an intraday change of -1.61%;

The latest transaction price of BNB is 232.33 US dollars, with an intraday change of -2.56%;

The latest transaction price of LTC is US$96.02, with an intraday change of -2.71%;

The latest transaction price of ARB is US$1.07, with an intraday change of -2.06%;

The latest transaction price of FIL is US$4.34, with an intraday change of -3**.03%**;

The recent transaction price of DOGE is US$0.6516, with an intraday change of -1.02%.

policy

▌FSA: The legalization of encrypted asset transactions is absurd

The Danish Financial Supervisory Authority (FSA) has asked investment bank Saxo to dispose of its cryptocurrency holdings. Meanwhile, the FSA statement cited Article 24 of the Danish Financial Business Act, which stipulates that Saxo Bank’s cryptocurrency activities “are not within the legal scope of business of a financial institution.” According to the statement, the FSA believes that the legalization of crypto asset trading is absurd, as it may lead to investor distrust in the financial system. In addition, the FSA also ruled out any Danish financial institution's participation in cryptocurrency trading until the matter is clearer, saying that Saxo Bank traded crypto assets for its own account in order to hedge and provide other Risks Associated with Financial Products. However, this does not change the fact that the activity itself is not permitted by Danish financial institutions.

Blockchain Application

▌TOKI will cooperate with Noble to introduce fully collateralized Japanese stablecoins into the Cosmos ecosystem

TOKI, a cross-chain bridge provider and Progmat partner, will work with token issuance protocol Noble to introduce fully collateralized Japanese stablecoins into the Cosmos ecosystem.

▌****Evernode released the newly released standard proposal EVS-01d

XRPL Layer-2 Evernode has published a proposal for a newly published standard that could change the functionality of the scaling solution. Dubbed “EVS-01d,” the Evernode standard proposal is the first of its kind and was put forward by independent XRPL and HotPocket developer Wo Jake. The basic idea behind this proposal is to introduce the Node Party Line (NPL) brokerage system to HotPocket instances.

As a foundational standard that could influence the future development of the protocol, EVS-01d aims to enhance communication between nodes when processing transactions. The new standard proposal is an activator for HotPocket, the smart contract execution and consensus engine Evernode uses in its operations.

Cryptocurrency

▌Binance Strategy Director Announces Resignation

Binance chief strategy officer Patrick Hillman confirmed he was leaving the company, tweeting on Thursday that his departure was on good terms. Hillman noted that his family is expecting another child in the next few hours and now is the time to step aside. Additionally, Fortune reported that General Counsel Han Ng and Senior Vice President of Compliance Steven Christie are also leaving the company. The publication said the executive decided to leave because of CZ's response to an ongoing Justice Department investigation.

▌Lightning Labs Releases New Bitcoin Tools for Artificial Intelligence Development

Lightning Labs, the company that built Bitcoin's Lightning Network, has unveiled a new set of tools designed for artificial intelligence development. The suite includes LLM Agent BitcoinTools, which allows developers to create AI agents that can hold bitcoin balances, send/receive bitcoin on the Lightning Network, and interact with Lightning Network daemon nodes. Additionally, this release includes Aperture Reverse Proxy Server, which supports Lightning Node Connect and provides dynamic API endpoint pricing.

▌Georgian Joint Investment Fund founder George Bachiashvili accused of misappropriating cryptocurrencies and money laundering

George Bachiashvili, founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund that contributes about 40 percent of the country’s GDP, has been charged with misappropriating cryptocurrencies and money laundering. The Georgian Prosecutor's Office accused Bachiashvili of misappropriating "significant amounts" of cryptocurrencies, particularly bitcoin, dating back to 2015.

▌Taylor Swift may have entered into a partnership with the now-defunct FTX cryptocurrency exchange

Taylor Swift may have entered into a partnership with the now-defunct FTX cryptocurrency exchange, despite public information to the contrary. Taylor Swift had agreed to a partnership with the company, but former chief executive Sam Bankman-Fried suggested it be discontinued, a person familiar with the matter said.

Attorney Adam Moskowitz, who handles class action lawsuits against FTX promoters including O'Neill and Brady, said Taylor Swift was one of the only celebrities who checked the exchange for unregistered securities.

▌Malaysia's state-owned power company accuses cryptocurrency miners of stealing electricity to power its mining machines

Sarawak Energy, one of Malaysia's state-owned power companies, has accused cryptocurrency miners of continuing to steal electricity to power its mining machines and has pledged to root out the thieves. In a recent joint operation with the police, Sarawak Energy busted two mining companies that allegedly stole about $6,500 worth of electricity every month. The utility also claimed that the two mining operations were in collusion and run by the same person or entity. A total of 120 mining machines and other electronics were seized as evidence in the investigation, according to local media reports.

Important economic developments

▌****The probability of the Federal Reserve raising interest rates by 25 basis points in July is 91.8%

According to CME "Fed Watch": The probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 8.2%, and the probability of raising interest rates by 25 basis points to the range of 5.25%-5.50% is 91.8%; The probability of a change is 5.8%, the probability of a cumulative rate hike of 25 basis points is 66.7%, and the probability of a cumulative rate hike of 50 basis points is 27.5%. (Golden Ten Data APP)

Golden Encyclopedia

▌****Wallet Address

If we simply compare the ETH wallet to a bank card account, then the ETH wallet address can be regarded as a bank card account. The difference is that the ETH address does not need to be stored on the network, and it can exist independently of your wallet.