A newly created wallet received 3,990 MKR from FalconX in the past 5 days, equivalent to approximately $8.45 million.

On July 22nd, according to The Block, Layer1 blockchain project Fogo, which was established by former Wall Street executives, launched its public testnet on Tuesday. The initial contributors indicated that the architecture is designed to replicate the execution standards of traditional finance (TradFi) in a decentralized manner, offering real-time transaction execution and on-chain trading infrastructure that is suitable for institutional scale.

On July 22nd, based on HTX market data, Bitcoin rebounded and broke through $119,000. It is currently trading at $119,004, with a 24-hour increase of 0.15%.

July 22nd. According to Goldman Sachs, the Federal Reserve is predicted to maintain the interest rate unchanged next week and start cutting rates in the remaining three meetings of 2025. This is because the slowing job market is putting pressure on policymakers. The current private sector hiring has almost reached a "standstill pace," and there is a risk of further aggravating the slowdown. Meanwhile, consumer spending has been stagnant for six consecutive months, which is an extremely rare situation outside of an economic recession. Goldman Sachs also anticipates that the Fed will cut rates twice again in early 2026.

July 22nd. According to The Beijing News, WeCapital declared its entry into the cryptocurrency payment domain. On July 21, 2025, it launched its first mobile application named "Fopay", presenting a one-stop payment platform. Fopay is developed based on the concept of stablecoin encrypted payments. At present, it offers stablecoin custody and prepaid card payment functions by means of several licensed partners. The board of directors thinks that the launch of Fopay and the new business segment can assist the company in exploring more business opportunities and bring benefits to the overall shareholders.

July 22nd. According to market intelligence, the Federal Bureau of Investigation (FBI) has completed its investigation of the Kraken founder and has returned the seized equipment.