Daily Report | NYSE Approves ProShares Ultra XRP ETF; Coinbase Chief Legal Officer Denies Intent to Discredit Binance and WLFI
July 15 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- NYSE Approves ProShares Ultra XRP ETF
- Binance Alpha to Launch TAC (TAC), First Phase Airdrop Claim Threshold is 224 Alpha Points
- Binance Wallet to Launch Bonding Curve Version of Hyperion (RION) TGE on July 16
- Crypto KOL: Backpack Will Open Bond Market, Providing Debt Claim Channels for Chinese and Russian FTX Users
- Binance Contracts to Launch CUSDT and VELVETUSDT U-Margined Perpetual Contracts
- Binance Alpha to Soon Launch Caldera (ERA) Token
- Coinbase Chief Legal Officer Denies Intent to Smear Binance and WLFI
- Binance Issues Important Risk Warning and User Safety Education Regarding Alpha
- Besenet: Formal Process for Powell's Successor Has Begun
"What Important Events Happened in the Last 24 Hours"
NYSE Approves ProShares Ultra XRP ETF
According to Cointelegraph, the NYSE has approved the ProShares Ultra XRP ETF (Ticker: UXRP).
Binance Alpha to Launch TAC (TAC), First Phase Airdrop Claim Threshold is 224 Alpha Points
According to the official announcement, Binance Alpha will launch TAC (TAC), and eligible users can claim 1,875 TAC tokens airdrop using Binance Alpha points after the launch begins.
The airdrop will be distributed in two phases: the first phase (first 18 hours) starts at 18:00 on July 15, where users holding at least 224 Alpha points can claim; the second phase (last 6 hours) allows users holding at least 140 Alpha points to claim.
Binance Wallet to Launch Bonding Curve Version of Hyperion (RION) TGE on July 16
According to official news, Binance Wallet will launch its first exclusive token generation event (TGE) based on the Bonding Curve mechanism, with the first phase going live for @hyperion_xyz (RION).
The event will start from 08:00 to 10:00 (UTC) on July 16, 2025. Eligible users need to use Binance Alpha points to participate, and details of the TGE and event page will be announced soon.
Crypto KOL AB Kuai.Dong posted on platform X, stating that multiple sources indicate that Backpack will open a bond market to accommodate the debt claims of Chinese and Russian users previously unrecognized by FTX. This feature is expected to launch soon, requiring users to sync their FTX account information to Backpack to initiate claims.
In January of this year, Backpack took over the debt compensation for European FTX users after acquiring FTX Europe, subsequently developing a claims channel internally, and officially announcing the first phase on April 1. This process requires users to create an account on Backpack, submit KYC, and connect with their FTX account to initiate claims.
Ultimately, this measure brought a large number of original FTX users to Backpack. Following the implementation of the above effects, the community has been circulating since May that Backpack may need to compensate FTX users in China. Currently, as the product and operations are nearing launch, this news has been confirmed by multiple sources.
Binance Contracts to Launch CUSDT and VELVETUSDT U-Margined Perpetual Contracts
According to official news, Binance's contract platform will launch perpetual contracts at the following times:
- July 15, 2025, 17:00 (UTC+8): CUSDT perpetual contract, with a maximum leverage of 50x;
- July 15, 2025, 17:15 (UTC+8): VELVETUSDT perpetual contract, with a maximum leverage of 50x.
C (LINK) and VELVET (LINK) have been launched on the Binance Alpha market.
Binance Alpha to Soon Launch Caldera (ERA) Token
According to official news, Binance Alpha will launch Caldera (ERA) on July 17. Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after Alpha trading opens. Specific details will be announced separately.
Coinbase Chief Legal Officer Denies Intent to Smear Binance and WLFI
According to Coinbase Chief Legal Officer Paul Grewal, he denied any intent to smear Binance and WLFI. Paul Grewal stated, "This is purely a rumor, and we absolutely have not participated in this matter. We do not attack competitors and welcome any companies that share our common goals and are committed to expanding the cryptocurrency market."
On July 13, Zhao Changpeng retweeted a post by Matt Wallace, which stated: "There is evidence that Coinbase may be the 'anonymous' source intending to smear President Trump’s World Liberty Financial and Binance. It is said that Coinbase learned that former Binance CEO Zhao Changpeng might receive a pardon, and due to Coinbase's high trading fees and poor customer service, the company's executives are worried that if Binance returns to the U.S. market legally, it will quickly seize market share, severely impacting Coinbase's revenue.
Binance is the world's largest cryptocurrency exchange, and if it re-enters the U.S. market, it will immediately impact Coinbase's market share. Even more shocking is that Coinbase is attempting to undermine President Trump to attack its competitor Binance. This behavior has been labeled as 'anti-American'! Will Coinbase come clean and take responsibility for this erroneous decision? The truth will soon be revealed!"
Binance Issues Important Risk Warning and User Safety Education Regarding Alpha
According to the official announcement, Binance has recently noticed some suspicious activities aimed at profiting from users providing liquidity to decentralized exchanges (DEX). Common risk signals include: unusually high yields, rapid price fluctuations, or excessive promotion of trading activities and incentives.
A common strategy is to attract users to provide liquidity through trading rebates or similar incentive methods. These mechanisms can simulate a positive market environment and active trading but often obscure significant structural risks and potential sudden price reversals. For the above reasons, users are strongly advised to pay attention to the following:
- For liquidity pool (LP) providers: Before adding liquidity, carefully assess the project's market capitalization, fully diluted valuation (FDV), and price volatility. Choose the liquidity range wisely, as providing liquidity carries risks including impermanent loss. Be especially cautious of unusually high LP yields in low liquidity environments.
- For traders: Before trading, understand the token's liquidity and holder distribution. Maintain high vigilance towards tokens that show highly concentrated holdings or sudden price increases without obvious reasons. Pay attention to liquidity changes, token distribution, and trading patterns. Stay informed and make decisions based on research rather than speculation.
- Risk warning banners: For high-risk projects, Binance will display risk warning banners on the token trading page (e.g., BR, KOGE, QUQ). Please be sure to pay attention to such risk warnings before trading.
Besenet: Formal Process for Powell's Successor Has Begun
According to Jinshi, U.S. Treasury Secretary Besenet stated that the formal process for selecting a successor to Federal Reserve Chairman Powell has begun, and the selection will proceed at Trump's pace.
There are many rumors about the "shadow Federal Reserve Chairman," which will cause confusion. If the former Federal Reserve Chairman continues to serve, it will be perplexing.
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
Seven-Year Grudge: Trump "Pressures" Powell, What Will the Resignation Storm Bring?
One wants to cut interest rates, while the other refuses to lower them.
Is Bitcoin Losing Its Appeal? Four Public Companies Bet on Ethereum's "Money-Making" New Play
Amid the Bitcoin craze, four public companies are taking a different path, betting on Ethereum's capital reserves. They are not simply hoarding coins but using staking and other methods to generate capital, reshaping corporate asset logic.
What Price Supports Does Ethereum's Roadmap Have for the Next Two Years?
Several "technical breakthroughs" may provide support for Ethereum's price.
Is Crypto Payment the Way of Water or the Way of Light?
Digital banks are like water, formless and flowing with the current; a drop of rain falls into it and becomes the ocean; the next stage of crypto payments should be like light, able to merge yet having its own origin, tracing back to find the way it came, not seeking to consume but focusing on illuminating.
The Sleeping Giant Turns Again: Why is BIP-119 Considered the Most Important Upgrade After Taproot?
This article explores Bitcoin Improvement Proposal BIP-119 and its core function "Covenants" potential and controversies.
Old Coins Lead the Charge, Is the Mini "Shitcoin Season" About to Begin?
Investors are re-embracing risk, injecting much-needed vitality into the market.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of July 15, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: Ani, CHAD, RUDY, HuaHua, EDOGE
In the past 24 hours, the top five popular Solana tokens are: PEPENGU, $GREMLY, VLADIMIR, Bonk, Yeti
In the past 24 hours, the top five popular Base tokens are: SKITTEN, SLAP, VIRTUAL, ZORA, DEGEN
Risk warning
Risk warning
