Odaily News Immutable posted on the X platform that the END token TGE has been launched. Currently, token claims are open and users who have taken snapshots can now claim them. The first quarter rewards will be airdropped before the start of trading. The token exchange trading function is scheduled to start on July 7, and will be notified 48 hours in advance. According to the previously announced token economics, the total supply of END tokens is 500 million, and the initial circulation supply is 155,500,000 (accounting for 31.1%). Most of the token supply is dedicated to community rewards. In addition, the team token allocation accounts for 20%, the ecological fund allocation accounts for 10%, the airdrop accounts for 17.5%, and the community accounts for 32.45%.

Odaily News Fragmetric co-founder Daniel Yu X admitted that the team's overall response after TGE was too slow, including in terms of communication, community building, and operations. Daniel added: "I sincerely apologize to the community. We understand that volatility and uncertainty can be unsettling, especially when communication can't keep up. The team takes this very seriously and is working hard to ensure clearer and faster updates in the future."

1. US President Trump signed the "big and beautiful" tax and spending bill; 2. The EU failed to make a breakthrough in trade talks with the United States; 3. Iran warned Israel: If it launches another attack, it will no longer set a "red line"; 4. The Swedish Minister of Justice called for increased seizure of "involved" crypto assets, and lawmakers suggested including Bitcoin reserves; 5. STIX founder: It has received over-the-counter selling orders from more than a dozen WLFI big households, but there are very few buyers; 6. Coinbase director: The "activation address of the ancient giant whale that has been dormant for 14 years" may involve the leakage of private keys; 7. A certain address withdrew 567.3 BTC from Binance at a low BTC level in the early morning, worth about 61.11 million US dollars; 8. A giant whale took advantage of the market decline to buy 1,616 ETH at the bottom, and now has a floating profit of about 37,000 US dollars; 9. Analysis: The non-agricultural report will not change the Fed's wait-and-see stance.

Odaily News Taran YuX, founder of the over-the-counter trading platform STIX, said in a post: "We have received contact from more than a dozen WLFI sellers (holding 7 to 8 figures) who hope to sell over-the-counter at any price higher than the cost price, but there are very few buyers..."

Odaily News US President Trump signed the "Big and Beautiful" tax and spending bill into law on July 4 local time (early morning of July 5 Beijing time). The US House of Representatives passed the "Big and Beautiful" bill promoted by President Trump with 218 votes in favor and 214 votes against on the afternoon of July 3. The bill has been controversial for cutting federal aid, increasing long-term debt, and cutting taxes for the rich and large companies. Two Republican congressmen voted against the bill that day. The bill was passed by the Senate on July 1. (CCTV News)

Odaily News OKX market shows that BTC has broken through 108,000 USDT and is now at 108,013.1 USDT, with a 24-hour increase of 1.63%. (This newsletter is generated by AI)