“ALSO: RISC ZERO’S ‘Boundless’ Incentivized Testnet, A New Bitcoin Proposal, and The First Depin Powered Credit Card.”, – WRITE: www.coindesk.com
In this Issue:
- ECLIPSE LAUNCHES $ ES AIDROP, DISTRIBUTING 15% OF TOKEN SUPPLY
- Risc Zero’s ‘Boundless’ Incentivized Testnet Goes Live
- Bitcoin Devs Float Proposal to Freeze Quantum-Vulnerable Addresses-Even Satoshi Nakamoto’s
- Aethir and Credible Introduce First Depin-Powered Credit Card
Network NewsEclipse Token Generation Event: Eclipse, The Layer-2 That Combines Technology From The Ethereum and Solana Blockchains, Shared That It Has Gone Live With An AirDorp of Its Es Token. The team behind the Network Shared That Initial Distribution Will Occur Over The Next 30 Days, and A Total of 1 Billion $ Es Tokens Have Been Minted, With Distribution Protocol Sustainability. Of the Supple, 15% is allocated to an airdrop and liquidity provisions for Core Community Members and Developers Who Have Support the Network From The Start. 35% Will Support Ecosystem Growth and Research and Development, Aimed to Help Scale The Network. Contributors Will Receive 19% of the Supple, Including Team Members, With A Four Year Wear Vesting Period and Three Year Lockup Schely. The reminder 31% is for Early Supporters and Investors, Who Are Subject to A Three Year Lockup Scherdule to Committee to Eclipse’s RoadMap Long-Term. – Margaux nijkerk Read More.
Risc-Zero “Boundless” Incentivized Testnet Goes Live: Boundless, The Decentralized Zero-Knowledge (ZK) Compute MarketPlace Powered by Risc Zero, Has Launched ITS INTERIVIZED TESTNET Layer-2 Network. With Boundless’ Incentivized Testnet, Developers Can Build and Test Applications in an Environment As if The Protocol Is In Fully Live Format. The Network Has Already Landed Early Support from Industry Heavyweights Like the Ethereum Foundation, Wormshole and Eigenlayer. A DECENTRALIZED MarketPlace for Zero-Knowledge Compute Connects Those Whoed Zero-Knowledge Proofs-Such As Developers Building Rollps, Bridges, Or Prieta. Distributed Network of Independent “ZK Provers or Mines” Who Generate and Verify Those Proofs. Insthead of Relying on Centralized Parties, This Model ALLOWS Anyone with The Right Hardware to Contribute Computing Power and Rewarded for Doing that Cryptographic Work. – Margaux nijkerk Read More.
New Bitcoin Proposal to Freeze Quantam-Vulnerable Addresses: A New Bitcoin Draft Proposal Wants to What’d Wht Been Been Unhinkable: Freeze Coins Secured by Legacy CrypTography – Including Those in Sathoshi Nakamotos. That’s accounting to a new draft proposal co-ahuhored by Jameson Lopp and Other Crypto Security Researchers, Which Introduuces A Prased Soft Fork That Tuns Quantum Migration Into. Fail to Upgrade, and Your Coins Become Unspendable. That includes the roughly 1.1 Million btc tied to early pay-to-pubkey addresses, like Those of Satoshi’s and other early Mines. “This Proposal Is Radically Different from Any in Bitcoin’s History Just as The Threat Passed by Quantum Computing Is Radical Different from Any Other Threat in Bitcoin proposal. “Never Before Has Bitcoin Faced An Existential Threat To Its Cryptographic Primities.” – Shaurya Malwa Read More.
The First Depin Powered Credit Card: Athir, A DECENTRALIZED GPU CLUD NETWORK, HAS TEAMED UP WITH Credible Finance, A Lending ProtoCol Infrastructure Network (depin). The MOVE IS DESIGNED TO GIVE AETHIR’S NATIC ATH TOKEN HOLDERS AND NODE OPERATORS Access to Stablecoin Credit Without Liquidating Their Tokens Financial Capital. The Product, WHICH DEBUTEDED ON WEDNESDAY, LETS ELIGBLE USERS COLLATALIAZE its ath Tokens to Access a Revolving Credit Line or Preload a no-Fee Card with Stablecoins. Loan Approvals and Limits Are Determined by Credible’s AI-Driven Credit Engine, WHICH Evaluates A User’s On -chain Activity, Asset Holdings and Transaction History. – Margaux nijkerk Read More.
In Other News
- Ripple has expanded it Institutional Custody Services Into the Middle East, Partnering with Uae-Basted Tokenization Platform Ctrl Alt To Support Dubai’s Government Digitnment. The Deal Will See Ctrl Alt Use Ripple’s Custody Infrastructure to Store Tokenized Property Title Deeds Issueded by the Dubai Land Department (DLD) on the Xrp Ledger (Xrpl). – Shaurya Malwa Read More.
- Sharplink Gaming (SBET), The Nasdaq-Lited FIRM WITH A CRYPTO Treasury Strategy Centered on Ether {{Eth}}, On Tuesday Said It’s BCEME. Worth Roughly $ 840 Million at Current Prices. The FIRM RAISED $ 413 Million Via The Issuance of Over 24 Million Shares Between July 7 And July 11, Accounting To A Press Release. It Purchased a total of 74,656 ETH OVER The PAST Week at An AVERAGE PRICE OF $ 2,852 EACH. Roughly $ 257 Million of that Fundraising Remoned for Future Eth Acquisitions, The Firm Said. – Kristzian Sandor Read More.
Regulatory and Policy
- The House of Representatives on Tuesday Did not vote on a procedural Motion to Advance A Trio of Crypto Bills, But May Vote Wednesday to Advance The Legislation. As it sped into itts crypto -focused week on tuesday, the us House’s Process Town Passing Digital Assets Bills Gund Way Some of the Legislation Has Developed Under Senate Dominance. The Legislation Still Has Strong, Bipartisan Support, Suggesting The ProCedural Mishap May Be Overcome As A Further Pote Was Schelyled for Later Tuesday Afternoon. This Vote Was Canceled Less than 15 minutes before it was set to begin, so the Matter May not be raised Again Ugain Unil Early Wednesday – The Same Day the Diigital Asset Markets Clarity. – Jesse Hamilton, Stephen Alpher, & Nikilesh De Read More.
- A 12-Person Jury Has Been Seated for Tortnado Cash Developer Roman Storm’s Criminal Trial, and Opening Arguments Are Set to Begin Later this Afternoon in the Thourgood Man. Seven Women and Five Men with A Direse Range of Backgrounds and Ages Will Decide Wheether The Us Department of Justice Can Prove Beyond A Reasonable Doubt that Storm Engaged Inn. Conspiracy to violate US Sanctions and Conspiralcy to Operate an Unlicensed Money Transmitting Business. – Cheyenne ligon & nikilesh de Read More.
Calendar
- July 16-18: Web3 Summit, Berlin
- Sept. 22-28: Korea Blockchain Week, Seoul
- Oct. 1-2: Token2049, Singapore
- Nov. 17-22: Devconnect, Buenos Aires
- Dec. 11-13: Solana BreakPoint, Abu Dhabi
- Feb. 10-12, 2026: Consensus, Hong Kong
- May 5-7, 2026: Consensus, Miami
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