Binance to start Arkham IEO Stepn developer plans to release new MMO game within the year |

Summary of important breaking news on the morning of the 11th

This is a summary of notable news related to virtual currency until the morning of Japan time.

New IEO on Binance Launchpad (Attention: ★★★☆☆)

Binance has announced a launchpad (IEO sale) for Arkham (ARKM). It will be the 32nd LaunchPad.

Arkham is a service that tracks on-chain transactions and specific wallet activity. This launchpad token distribution will be calculated by the average BNB balance of Binance users between 2023-07-11 00:00 (UTC) and 2023-07-17 00:00 (UTC).

Introducing the @ArkhamIntel $ARKM token sale on #Binance Launchpad!

https://t.co/OXltqaCuel pic.twitter.com/XJjRcPVyJP

—Binance (@binance) July 10, 2023

At the IEO, Arkham also announced plans to launch an on-chain wallet information buying and selling platform using ARKM. ARKM is used as an information bounty.

Announcing The World’s First On-Chain Intelligence Exchange

Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp

—Arkham (@ArkhamIntel) July 10, 2023

The inflow of funds into virtual currency investment products has been positive for three consecutive weeks (attention: ★★★☆☆)

According to newly released data from European cryptocurrency ETP issuer CoinShares, over the past week, $136 million has flowed into cryptocurrency investment products, including ETPs.

The inflow marked the third straight week, with a total inflow of $470 million recorded. Bitcoin ETPs and Bitcoin futures ETFs were the main sources of inflows.

Digital asset investment products saw US$136m of inflows last week bringing the last 3 consecutive weeks inflows to US$470m, fully correcting the prior 9 weeks of outflows. Bitcoin remains the focus among investors, with inflows totalling US$133m last week, while short-bitcoin…

— Wu Blockchain (@WuBlockchain) July 10, 2023

Stepn developer to distribute GMT equivalent to $430,000 for new game (Attention: ★★★☆☆)

Stepn developer Find Satoshi Lab has announced a new blockchain game called Gas Hero. We plan to release it by the end of the year.

We’re delighted to announce #GasHerothe first Web3 social game from #STEPN creators @FSLWeb3

The game will invite users to collect Gas Hero NFTs and battle for fame, wealth and power

Let the games begin! 1/5
https://t.co/X5brPDddiY pic.twitter.com/2oLqcmlHso

— Gas Hero Official (@GasHeroOfficial) July 10, 2023

Gas Hero is an MMO (massively multiplayer online role-playing game) type social game. “Players will be incentivized to interact with each other through perks such as power, prestige, and money,” the Find Satoshi Lab COO told Decrypt.

Find Satoshi Lab will also offer 2,000,640 GMT (approximately $430,000) to winners of competitions such as game character design to encourage community participation in Gas Hero.

connection: STEPN, decided to be a platinum sponsor of the international conference “WebX” planned and operated by CoinPost

Ethereum staking number to 20% of circulation (Attention: ★★★☆☆)

Ethereum (ETH) staking has risen to 20% of all ETH in circulation. It looks like it reached the 20% line for the first time.

20% of ETH supply staked https://t.co/EkK4n7QpXS pic.twitter.com/Diw9o238e8

— hildobby (@hildobby_) July 10, 2023

Currently, about 24 million ETH is staked and 744,000 validators are in operation. The number of staking has increased even after the “Chapella” upgrade in April, revealing a further increase in demand for liquidity staking, such as Lido (32% of the total).

connection: From 32 ETH to 2,048 ETH Ethereum improvement plan, aiming to improve network efficiency by increasing maximum stake amount

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