Daily Report | Windtree signs a new financing agreement of $520 million to strengthen BNB reserve strategy; Binance Wallet will launch the 32nd exclusive TGE project DELABS

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2025-07-25 20:00:00

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July 25 News Overview

Organizer: Jerry, ChainCatcher

Important News:

Binance Wallet will launch the 32nd exclusive TGE project DELABS
Binance will launch ZORA and TAG perpetual contracts
Binance Alpha will launch Treehouse (TREE) on July 29
Binance Alpha: Lnfi Network (LN) airdrop participation threshold is 200 Alpha points
Hubei cracked a virtual currency platform's "backdoor" fraud case, involving 77.76 million yuan, 103 people affected
Windtree signs a new financing agreement of $520 million to strengthen BNB reserve strategy
Korean police arrest a 60-year-old suspect involved in an 84 billion won Ponzi scheme during probation
Beijing Haidian District Financial Management Bureau: Beware of illegal fundraising under the guise of stablecoins

"What important events happened in the past 24 hours"

Binance Wallet will launch the 32nd exclusive TGE project DELABS
Binance Wallet will launch the 32nd exclusive TGE project DELABS (Delabs Games) from 4 PM to 6 PM on July 28 (UTC+8).

Eligible users need to use Binance Alpha points to participate in the subscription. The official announcement also stated that an additional 120 million DELABS will be used for future activities, with detailed rules to be announced.

Binance will launch ZORA and TAG perpetual contracts

According to the official announcement, in order to enrich the trading varieties of Binance contracts and enhance user trading experience, Binance contracts will launch the following perpetual contracts:

2025-07-25 11:00 (UTC): ZORAUSDT perpetual contract with a maximum leverage of 50 times
2025-07-25 11:15 (UTC): TAGUSDT perpetual contract, maximum 50 times leverage

Please note that ZORA and TAG have been listed on the Binance Alpha market.

Binance Alpha will launch Treehouse (TREE) on July 29

According to the official announcement, Binance Alpha will launch Treehouse (TREE) on July 29. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens.

Binance Alpha: Lnfi Network (LN) airdrop participation threshold is 200 Alpha points

Binance tweeted that trading for Lnfi Network (LN) on Binance Alpha will start at 4:00 PM (UTC+8) on July 25, 2025.

The participation threshold for the Lnfi Network (LN) airdrop has now been announced, requiring users to reach 200 Alpha points to claim 600 LN tokens in the airdrop. Claiming the airdrop will consume 15 Binance Alpha points. If the event is not over, the score threshold will automatically decrease by 10 points every hour.

Hubei cracked a virtual currency platform's "backdoor" fraud case, involving 77.76 million yuan, 103 people affected

The Yunmeng County Procuratorate in Hubei Province reported that a "cat swapping prince" style virtual currency fraud case prosecuted by the Yunmeng County Procuratorate was recently upheld in the second instance.

Four individuals, including He, manipulated coin prices through a virtual currency trading platform with a "backdoor," illegally exchanging investors' pledged crypto assets for worthless "D coins," causing losses exceeding 77.76 million yuan for 103 investors. The four defendants were sentenced to prison terms ranging from three to thirteen years and fined, with the main defendant He’s appeal being rejected.

Windtree signs a new financing agreement of $520 million to strengthen BNB reserve strategy

Nasdaq-listed biotechnology company Windtree Therapeutics (WINT) announced that it has signed a common stock purchase agreement for up to $500 million to establish an equity line of credit (ELOC). Additionally, the company has signed a $20 million additional stock purchase agreement with Build and Build Corp.

The total financing scale can reach up to $520 million, with 99% of the funds intended for purchasing BNB. The company plans to officially initiate the fund usage after obtaining shareholder approval to increase the number of authorized common shares.

Korean police arrest a 60-year-old suspect involved in an 84 billion won Ponzi scheme during probation

According to Yonhap News Agency, the Anti-Corruption and Economic Crime Investigation Team of the Gyeonggi Southern Police Agency announced on the 25th that they have arrested a 60-year-old suspect, A, who is suspected of implementing an 84 billion won Ponzi scheme during probation, and six accomplices have been sent to the prosecutor's office.

From October 2020 to January 2022, A and others held promotional meetings for AI, cryptocurrency, and other projects in areas such as Gangnam, Seoul, attracting over 2,200 people to invest under the pretext of "300% returns," defrauding them of 84 billion won. They used funds from new investors to pay "dividends" to early investors, executing the scam.

This individual was previously sentenced to eight months in prison for fraud in July 2021, with a two-year probation. The police remind that investment projects claiming high returns, especially those involving AI or cryptocurrency, should be approached with caution to avoid falling into Ponzi schemes.

Beijing Haidian District Financial Management Bureau: Beware of illegal fundraising under the guise of stablecoins

The Haidian District Local Financial Management Bureau in Beijing issued a notice stating that digital currencies represented by stablecoins have recently received widespread attention in the market. Some illegal institutions use "financial innovation," "digital assets," and other gimmicks to exploit the public's lack of understanding of stablecoins, raising funds through the issuance of so-called "virtual currencies," "virtual assets," and "digital assets," inducing the public to participate in trading speculation, disrupting economic and financial order, and breeding illegal fundraising, gambling, fraud, pyramid schemes, money laundering, and other criminal activities, seriously endangering the property safety of the public.

The Haidian District Local Financial Management Bureau reminds you: No institution may raise funds from the public without legal permission from national financial management departments. Some illegal institutions use new concepts such as stablecoins for speculation, publicly spreading false information and raising public funds, breeding various illegal fundraising activities. The "Regulations on Preventing and Dealing with Illegal Fundraising" stipulate that the state prohibits any form of illegal fundraising, and losses incurred due to participation in illegal fundraising shall be borne by the participants themselves.

"What are the exciting articles worth reading in the past 24 hours"

Paradigm Incubates, Ventuals Aims to Bridge the 'Last Mile' of Private Equity On-Chain Trading

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The Fall Trilogy of Pump.fun: Legal Hunting, Token Price Halving, Trust Collapse

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Interview with Cregis Asia-Pacific Business Head: From Corporate Wallets to Payment Engines, Unlocking the Compliant Future of Web3 Infrastructure

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The Most Profitable L2, Why is Base Earning $180,000 a Day?

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Korean Wave Drives Korean Won Stablecoin: Lawmaker Suggests BTS Fan Clubs Accept Stablecoin Payments

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Takashi Murakami's New NFT Work is About to Launch on Base, Is the Previous Work a Failed Attempt to Cash In Again?

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How Far Are We from a World Where Everyone Can Buy US Stocks Without Financial Barriers?

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