Blockchain startup Subzero Labs has secured $20 million in seed funding led by Pantera Capital, with participation from Variant, Coinbase Ventures, and Susquehanna's crypto arm. The company is developing the Rialo blockchain for real-world scenarios, aiming to break through the current limitations of crypto technology, which primarily serves financial speculation.
Co-founder Ade Adepoju, a former Mysten Labs engineer who also worked on the Sui blockchain, aims to provide non-crypto developers with a native solution for integrating external data (such as FICO credit scores) on-chain, without relying on oracles. The team currently has 20 members, and the funding includes equity and token subscription rights. The specific valuation was not disclosed. (Fortune)
Mill City Ventures III, Ltd. (NASDAQ: MCVT), a non-bank lender and finance company, announced today that it has signed an equity facility agreement with AGP/Alliance Global Partners, an investor, allowing Mill City to sell up to $500 million of the company's common stock at its discretion, subject to certain restrictions and closing conditions. Proceeds from the equity facility, excluding commitment fees, will be used to advance the company's SUI financial strategy. (Businesswire)
Odaily Planet Daily News: Gate Research Institute released its latest quantitative report "Gate Research Institute: ETH Breaks Through Integer Levels, MACD Trend Strategy Gains Over 150%" - market structure evolution and trend strategy verification from a macro perspective, systematically analyzing the rhythm, capital structure and quantitative strategy performance of mainstream crypto assets since mid-July 2025, providing investors with strategic research and configuration references.
The report notes that BTC has recently fluctuated at high levels and seen its momentum slow, while ETH has steadily risen towards 4,000 USDT, demonstrating relative strength. Derivatives positions remain high, funding rates are stable, and data on the long-short ratio and margin calls indicate cautious market sentiment, with the overall structure remaining bullish. Against this backdrop, Gate Research Institute backtested a MACD-based trend strategy, demonstrating annualized returns exceeding 150% in currencies such as SUI, demonstrating strong risk control and trend identification capabilities. This strategy has proven to be effective in volatile markets, and future integration with multi-factor mechanisms is expected to further enhance its stability.
Odaily Planet Daily reported on August 1st that Binance Wealth Management now supports users activating the Hold and Earn Interest feature directly from their spot trading accounts. When users hold the minimum number of supported tokens in their spot trading accounts, a gray "Hold and Earn Interest" label will appear next to the eligible tokens (prioritizing tokens with the highest holdings). Once activated, the label will turn yellow. The Binance app must be updated to version 3.1.0 or higher to use this feature.
Binance launched a new product, "Hold and Earn Interest," in June 2025. With a single click, you can start earning income and enjoy flexible control over your assets. Currently, supported tokens include BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS.
According to feedback from community users, the Polygon network is suspected to be down, and blockchain browser data shows that the latest block record was 1 hour ago.
