The BNB Foundation has officially completed the 28th BNB token burn on the BNB Chain. This time, a total of 1,643,698.8 BNB were destroyed, with a value of approximately $971 million at the time of destruction.

OKX is pleased to announce the listing of Layer3 (L3) on our spot trading market. Please take note of the following schedule:

1. L3 deposits will open at 8:00 am UTC on July 26, 2024.
2. L3/USDT spot trading will open at 10:00 am UTC on July 30, 2024.
3. L3 withdrawals will open at 10:00 am UTC on July 31, 2024.

Layer3 is the attention layer, decentralizing the engine behind internet giants via incentive and identity protocols. It acts as a universal connector between blockchain ecosystems, revolutionizing how they build community and distribute value with omnichain infrastructure. Users can discover and earn via perpetual incentives, quests, pre-token networks via launchpad, and a unified cross-chain identity.

A recent survey conducted by professors Andrew Perkins and Troy Cross has challenged the assumption that political affiliation influences Bitcoin ownership. The study, which involved 3,538 individuals, found no significant correlation between political ideology and Bitcoin ownership. Instead, Bitcoin owners were found to be moderates across the political spectrum, with a higher representation of young and male individuals. The study also revealed that knowledge about Bitcoin, belief in its utility, trust in the protocol, and perceived morality were the strongest factors associated with Bitcoin ownership.

The Blockchain Association, led by CEO Kristin Smith, is actively working to gain support for the crypto industry on Capitol Hill ahead of the U.S. presidential election. Despite recent political developments, including Kamala Harris becoming the presumptive Democratic nominee and Donald Trump's involvement in the Bitcoin conference, the Blockchain Association remains optimistic about their advocacy efforts. They have reached out to Harris and her team, along with other crypto advocacy groups, in hopes of influencing crypto regulations and policies.

Jersey City's mayor, Steven Fulop, announced plans to allocate a portion of the city's pension fund to Bitcoin ETFs. The Employees' Retirement System of Jersey City is updating paperwork with the SEC to make this allocation, which is expected to be around 2% of the fund. Fulop believes that other state and local pension funds will follow suit in adding crypto to their portfolios.

A recent survey conducted by professors Andrew Perkins and Troy Cross has challenged the assumption that political affiliation influences Bitcoin ownership. The study, which involved 3,538 individuals, found no significant correlation between political ideology and Bitcoin ownership. Instead, Bitcoin owners were found to be moderates across the political spectrum, with a higher representation of young and male individuals. The study also revealed that knowledge about Bitcoin, belief in its utility, trust in the protocol, and perceived morality were the strongest factors associated with Bitcoin ownership.

Caldera, a web3 infrastructure platform that helps developers launch Ethereum rollups or scaling networks "with a single click," has raised $15 million in a Series A funding round.

Peter Thiel's Founders Fund led the round, with participation from Dragonfly, Sequoia Capital, Arkstream Capital, Lattice and others, Caldera said Wednesday. The U.S.-based startup began raising money for the Series A round in May and quickly wrapped up the round by the end of that month, co-founder and CEO Matt Katz told The Block. He declined to comment on the structure of the round, valuation, or whether any of the investors have taken a board seat, either advisory or directorial.

The Series A round brings Caldera's total funding to $25 million, with the firm having previously raised $10 million last year.

Early signs suggest that Bitcoin investors who have received repayments from Mt. Gox are choosing to hold onto their recovered coins rather than sell them. There has been a notable increase in Bitcoin withdrawals from Kraken, one of the exchanges handling the repayments, with over 5,000 BTC withdrawn in the past 24 hours. Recipients are likely moving their assets to self-custody wallets for increased security.

A lone Bitcoin miner successfully processed a block on the Bitcoin network, earning 3.19 BTC, worth around $210,000. This rare occurrence highlights the difficulty of mining Bitcoin, which is typically done by large operations with specialized equipment. While the odds of a solo miner completing a block are said to be greater than 5,000-to-1, it can still happen.

Swiss privacy software developer Proton AG has announced the launch of Proton Wallet, a self-custody Bitcoin wallet. The wallet offers improved privacy by using different Bitcoin addresses for each user and features a "Bitcoin via Email" option for easy transactions. Proton AG's decision to enter the cryptocurrency space stems from a traumatic event in 2014 when PayPal blocked the company, leading to the acceptance of Bitcoin donations.