On August 1st, Indonesia's Directorate General of Taxation monitors annual cryptocurrency tax revenue between 50 billion and 60 billion rupiah (approximately US$31.25 million and US$36.40 million). Tax revenue is expected to be 24.6 billion rupiah (approximately US$15.00 million) when it is first implemented in 2022, falling to 22 billion rupiah (approximately US$13.42 million) in 2023 before increasing significantly to 62 billion rupiah (approximately US$37.98 million) in 2024. As of 2025, 11.5 billion rupiah (approximately US$6.97 million) has been collected year-to-date.The tax department stated that cryptocurrency price fluctuations could lead to instability in future tax revenues. Meanwhile, Indonesia's cryptocurrency users have surpassed 20 million, far exceeding the number of stock market investors and becoming a significant source of tax revenue for the government. In addition, Indonesia implemented tax reforms in August 2025, raising the tax rate for overseas platforms to 1.00% and the domestic platform tax rate to only 0.21% to reduce capital outflows and encourage domestic transactions. The government also eliminated value-added tax on cryptocurrency buyers and reclassified crypto assets from commodities to financial assets, bringing them under the supervision of the Financial Services Authority. [PANews]

On August 1st, Nasdaq-listed The9 announced that its wholly-owned Hong Kong subsidiary, Vast Ocean International Limited, has launched the Web3 gaming platform the9bit and established a strategic partnership with chain game guild Yield Guild Games (YGG). It is reported that the9bit will be integrated into YGG's official resident channels and blockchain game guild activities. It is reported that The9 was the exclusive operator of "World of Warcraft" in mainland China from 2005-2009. [Techflow]

In a recent interview with CoinGape, Czhang, head and partner of LBank Labs, stated that LBank is becoming a discovery center for early "100x coins" due to its fast listing mechanism and continuous innovation. At the same time, LBank launched the LBANK EDGE zone and integrated xStock to launch tokenized trading services for US stocks, combined with an points reward mechanism to create a new user experience of "participation equals profit."In terms of project selection, Czhang emphasized that sustainable "blood-generating" ability, disruptive innovation, and execution are the core elements of investment decisions. At the same time, Czhang analyzed the current market trend, pointing out that the tenth anniversary of Ethereum, the progress of US crypto legislation, infrastructure upgrades, and the RWA boom are accelerating the integration of crypto assets into the mainstream financial system, injecting new momentum into the industry. In addition, he shared his unique views on the universality of MicroStrategy's Bitcoin allocation strategy. [Odaily]

Hong Kong's "Stablecoin Ordinance" officially came into effect on August 1st, with a 6-month transition period. It is expected that the first issuer license will be issued early next year. Shi Ziyuan, head of proprietary investment at China Renaissance, said that the move is expected to attract more mainstream institutions and high-quality capital into the market.China Renaissance plans to expand its Type 1, 4, and 9 licensed businesses in Hong Kong to digital asset businesses, while increasing investment in Web 3, RWA and other infrastructure fields. The company has previously invested in stablecoin issuer Circle and launched a $100.00M investment budget in June of this year. (Yahoo Finance) [Odaily]

On August 1st, Hong Kong's Stablecoin Ordinance officially came into effect today. The Hong Kong Monetary Authority has established a six-month transition period and expects to issue the first stablecoin issuer license early next year. Huaxing Capital stated that the regulatory compliance of stablecoins will help attract more mainstream institutions and capital into the market. Shi Ziyuan, Head of Investment at Huaxing Capital, added that the company will focus on connecting Web 2.0 and Web 3.0, and plans to apply to expand its existing licenses (SFC Licenses 1, 4, and 9) to cover digital asset business. The company will also increase investment in industry infrastructure, on-chain ecosystems, and RWA assets to help Hong Kong become a global digital asset hub. Previous news on June 26, [PANews]

The U.S. July jobs report, due out at 8:30 p.m. Beijing time on Friday, is expected to show 110,000 new jobs, a significant drop from 147,000 in June; the unemployment rate is expected to rise slightly from 4.1% to 4.2%; and average hourly earnings are expected to rise 0.3% month-on-month, up from 0.2% in June. If the forecast is accurate, it would reinforce the view that the labor market is slowing, although it would not necessarily require a response from the Federal Reserve. At this week's earlier rate-setting meeting, Powell gave no guidance on the September rate decision, noting that there is a lot of data to be released before then, and Friday's July non-farm payrolls report will be a piece of the puzzle that will help influence the Fed's September rate cut expectations. Analysts point out that if non-farm payrolls are below 100,000 and the unemployment rate rises, it may indicate a weakening labor market, dampen the Fed's rekindled hawkish expectations, and put pressure on the dollar, which would be conducive to a rebound in gold prices. However, if non-farm payrolls unexpectedly exceed 150,000, the dollar's strength may continue, as strong U.S. jobs data could rule out the possibility of two Fed rate cuts this year. (Golden Ten) [ChainCatcher]

On August 1st, Nasdaq-listed Cemtrex (stock ticker: CETX) announced the acquisition of $1.00M worth of Solana (SOL) as the first step in its digital asset reserve strategy. The company purchased 5,500 SOL at an average price of $181.00 per coin and plans to gradually expand its cryptocurrency reserve to $10.00M. [TechFlow]

According to AASTOCKS, Shi Ziyuan, head of proprietary investment at China Renaissance, said, "The company will, as always, actively embrace Web3.0 and the digital asset industry, and continue to empower Hong Kong's digital industry ecosystem through professional capabilities and high-quality resources such as investment banking services, strategic funds, and direct investment. We will apply to expand the Hong Kong Securities and Futures Commission's Type 1, 4, and 9 licenses to cover digital asset businesses; and look forward to working with industry partners to jointly create and increase investment and construction in digital asset financial infrastructure, on-chain ecosystems, and RWA assets, jointly promote the innovative and steady development of the industry, and help Hong Kong build a global digital asset center." [Foresight News]

Digital identity verification platform Billions announced the completion of a $30.00 million financing round, with participants including Polychain, Coinbase Ventures, Polygon, Liberty City Ventures, BITKRAFT Ventures, and other institutions. This round of financing will be used to build the first universal human-AI interaction network. The platform is based on zero-knowledge proof technology and is committed to providing a scalable and secure identity verification mechanism to promote trusted interaction between humans and artificial intelligence. [Odaily]

On August 1, Techinasia reported that cyber risk management company Safe announced the completion of a $70.00 million Series C funding round led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and continued investment from existing investors Eight Roads, John Chambers, and Sorenson Capital. Currently, large enterprises such as Google, Fidelity, T-Mobile, and Chevron have become Safe's customers. According to industry data, cybercrime is projected to cause $12.20 trillion in annual losses globally by 2031, while global cybersecurity spending is expected to exceed $1.75 trillion between 2021 and 2025. [Techflow]

Matrixport's latest investment research report indicates that the core catalyst for a new round of Bitcoin appreciation is emerging. Despite a flurry of positive news related to Ethereum, including increased ETF flows, rising corporate allocations, and the potential approval of a staking mechanism by the SEC, the funding rate has only risen to 15%, failing to fully reflect market enthusiasm. The report suggests that August and September are typically weaker months for Bitcoin throughout the year. With the conclusion of the FOMC meeting and the fading of policy catalysts, and given that the next FOMC meeting is not until September 17th, and the lack of new policy catalysts in the short term, market sentiment may turn cautious, and the market may enter a period of consolidation.In addition, Matrixport noted that US fiscal uncertainty remains a core driver of hard asset appreciation. Trump's recent $5 trillion debt ceiling expansion plan has significantly impacted the market, with the US Treasury debt balance surging by over 10% following the policy's implementation. Bitcoin is at the forefront of this macroeconomic shift, and capital flows remain a key indicator of its upside potential. [PANews]

According to Ark Invest Daily data, Cathie Wood's Ark Invest increased its holdings of Figma stock by 60,000 shares yesterday, worth approximately $6.93M. [Foresight News]

According to the official announcement, Binance Alpha will launch MOMOFUN (MM) on August 3. Eligible users can use Binance Alpha points to claim the airdrop on the Alpha activity page after trading opens. [Wu Blockchain]

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, with its dominance in the RWA sector rising. According to on-chain data from Nansen, wallets tagged as “smart money,” including high-performing funds, early adopters, and active on-chain participants, have sharply increased their exposure to PLUME. These wallets now collectively hold 2,800,000 PLUME tokens, marking a 56% increase over the past 30 days. Historically, a rise in smart money holdings often precedes major price movements. These investors typically conduct deeper due diligence and allocate capital based on forward-looking fundamentals. As a result, their moves often signal where the market might be headed. Retail investors, in particular, tend to track these wallets closely and may adjust their positioning in response to perceived insider conviction. In the case of Plume, the recent surge in smart money activity aligns with the protocol’s rapid expansion in the real-world asset (RWA) sector. Data from RWA.xyz shows that Plume’s RWA holder count has increased sixteenfold since June, rising to 166,892 wallets at the time of writing. This growth has pushed Plume ahead of Ethereum, making it the blockchain with the largest number of RWA holders. At present, Plume accounts for nearly 50% of all RWA holders across the entire market. RWA holders refer to unique wallet addresses that hold tokenized real-world assets on a blockchain network. A rising RWA count typically reflects increased user adoption and growing demand for tokenized financial products. In Plume’s case, the expanding user base helps validate its infrastructure as a leading RWA-native chain and could enhance its appeal among institutional investors seeking compliant, yield-generating exposure. Evidence of this growing institutional attention became more evident when Grayscale, one of the largest digital currency asset managers in the world, added PLUME to its list of digital assets “under consideration.” The list includes 28 tokens spanning sectors from DeFi infrastructure to tokenized assets and Layer 1 protocols. While it doesn’t guarantee a new product launch, Grayscale’s inclusion of PLUME shows it may be considering the token for a future trust or ETF-like offering. It’s a sign that institutions are starting to take Plume’s role in the RWA space more seriously, which could help boost both investor interest and credibility. The daily chart suggests that PLUME may be nearing a bullish reversal. After reaching a year-to-date high of $0.209 in May, the token declined by 63% to hit a low of $0.076 on June 22. At that level, price action formed a double bottom pattern, a classic reversal signal. This structure prompted a rebound to $0.12 before PLUME entered a consolidation phase that lasted through most of July. In recent sessions, price action has taken the form of a falling wedge—typically a bullish continuation pattern—defined by a narrowing range of lower highs and lower lows. The upper trendline of this wedge currently converges around the $0.100 level, which also aligns with the 50-day simple moving average. A decisive move above this level could trigger a breakout. Momentum indicators are beginning to support this potential breakout. The 20-day SMA has crossed above the 50-day SMA, forming a golden cross, a pattern often interpreted as a bullish signal. Additionally, RSI has started to climb after bouncing from a low of 37, suggesting that bearish momentum is fading and buying pressure is gradually returning. If PLUME breaks above the wedge and clears the $0.100 resistance, the short-term technical target stands at $0.13, representing an approximate 40% upside from current price levels. A successful move above $0.13 could open the path to $0.18, a price level that has served as firm resistance on multiple occasions this year. However, this setup remains sensitive to broader market conditions. At the time of writing, overall sentiment appears subdued, with the global crypto market cap falling 7% over the past 24 hours amid renewed uncertainty surrounding macroeconomic policy and political developments. At press time, Plume was trading at $0.096, with no gains in the past 24 hours. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. [No Source]

Glassnode's monitoring showed that the 30-day average of USDT transfers across major blockchains has steadily increased since the volatility in early 2022, currently reaching $5.29 billion, indicating a gradual recovery in stablecoin market activity. As of July 30, 2025, the USDT transfer volume share of each blockchain was as follows: Tron $23.00 billion, BNB Chain $14.90 billion, Ethereum $13.30 billion, TRON $94.70 million, Optimism $60.40 million, Solana $78.04 million, and Arbitrum $63.83 million. From January to May of this year, Tron led USDT transfers with over 55% of the total, while Ethereum accounted for over 27%. However, since May, BNB Chain has surpassed Ethereum, currently holding over 30% of the total. [PANews]

On August 1st, UK-based Cel AI announced plans to delist from the London Stock Exchange (LSE) on September 1st and transfer to the Aquis Stock Exchange (AQSE) Growth Market to "unlock flexibility in executing its Bitcoin reserve strategy." The company has sold 3.42 Bitcoins, now holding a total of 5.28 Bitcoins, and plans to continue increasing its holdings after transferring to AQSE. [PANews]

During July, PancakeSwap strengthened its position as the largest decentralized exchange by spot trading volume. PancakeSwap recorded $151 billion in spot trading volume in June, accounting for over 43% of all spot DEX trades. This dominance continued into July, with reports indicating PancakeSwap processed $188 billion in trading volume during the month — double Uniswap’s $94 billion — according to The Block’s data dashboard. The platform again accounted for nearly 43% of the total DEX volume. Decentralized exchanges match buyers and sellers without the need for a centralized custodian. The surge in PancakeSwap's volume has been attributed to its integration with Binance Alpha, the launch of PancakeSwap Infinity with lower gas fees, and cross-chain trading capabilities across networks like BNB Chain, Ethereum, Arbitrum, and Solana. These factors helped PancakeSwap capture a significant market share, with the DEX-to-CEX spot trading ratio reaching a new high of 27.9% in June before sliding to 23.3% in July. While Uniswap remained a notable competitor, its 30-day volume in July was notably lower than PancakeSwap's, and no other DEX — such as Raydium or Aerodrome — matched PancakeSwap's reported figures. PancakeSwap also emerged as a fee-generating leader, accumulating over $430 million in fees through its automated market-making services and yield farming mechanisms, according to The Block's data dashboard. [The Block]

JuCoin Launches "Global JU Airdrop Campaign," expected to distribute over one million in hashrate rewards to global users. The airdrop period is from August 1st to August 15th, covering ecological registered users, node participants, and global Web3 builders. Through cooperation with KOLs and the online "Million Dollar Wheel" activity, it will guide community participation in ecological construction and promote the platform's globalization. [Foresight News]

Binance Alpha has launched ai . ac (MIA). Users holding at least 200 Binance Alpha points can claim an airdrop of 500 MIA tokens. First come, first served. If the event has not ended, the score threshold will automatically decrease by 15 points every hour. Claiming the airdrop will consume 15 Binance Alpha points. [Foresight News]

NLNico reported that Crypto Blockchain Industries (CBI) had increased its holdings of Bitcoin by 21.52 over the past three months, bringing its total holdings to 25.07. The company announced a strategic agreement with SAFEbit to acquire up to 2,000 Bitcoins (valued at over €200 million) through a discounted share swap, with no cash payment required. In addition, CBI has also launched a number of financing tools, including a Bitcoin-for-equity plan, an ATM plan, block transaction financing, and a Bitcoin mining project, aiming to further expand Bitcoin assets. [PANews]

On August 1st, Balance Foundation posted on the X platform that the sixth batch of EPT reward unlocks is now live, with a total of 5,563,705 EPT tokens available for node holders to claim. [TechFlow]

On August 1st, according to the official announcement, Huobi HTX launched the NAORIS/USDT perpetual contract on August 1st, with a maximum leverage of 20x. At the same time, Huobi HTX launched the NAORIS contract trading party from 15:00 on August 1st to 12:00 on August 8th (UTC+8), with a total prize pool of up to $10,000.00. During the event, users who complete registration and participate in NAORIS/USDT contract trading with a cumulative effective trading volume ≥ 10,000.00 USDT can share the prize pool according to the trading volume ranking; new contract users who complete NAORIS/USDT contract trading will also receive exclusive benefits. [TechFlow]

On August 1st, WEEX Exchange announced that the platform will launch the Thinkagents Trading Competition from 7/30 17:00 - 8/6 17:00 (UTC+8), with a total prize pool of 10,000 USDT. During the event, new users who make a net deposit of $100.00 in any currency and choose THINK/USDT for their first spot trade (regardless of trading volume), and have a contract trading volume of more than 100 U (regardless of currency), can receive a prize pool of 25~100 USDT; new and existing users with a THINK spot trading volume ≥ 100 USDT can share a 1,000 USDT prize pool according to the proportion of trading volume; new and existing users with a cumulative contract trading volume ≥ 2,500,000 U (regardless of currency) can receive a 25 USDT airdrop, and the top 10 users with the highest cumulative contract trading volume can also receive an additional 200 USDT reward; new and existing users who invite friends to participate in this event will receive a tiered reward of 5~10 USDT/person based on the number of valid invitations. [Techflow]

On August 1, AI-powered on-chain derivatives platform AILiquid announced the official launch of its transaction mining function, which includes measures such as returning contract transaction fees and additional CCC token rewards. At the same time, AILiquid launched the "KOL Super Agent Program," offering multiple incentives for global KOLs and content creators. [Odaily]

Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family.

According to official sources, ChainOpera AI is the first globally to implement Federated Learning (FedML) technology in an iOS App environment, realizing a new paradigm of AI Agents "training while using" locally on the user's device. Private data generated by users through interactions with the AI virtual assistant will be directly used for personalized model fine-tuning and will receive on-chain incentives. The data remains entirely on the device, privacy is controllable, and收益 is obtainable. Currently, the platform's daily transaction volume has exceeded 600,000, and the cumulative number of paying users has surpassed 300,000. Users can experience Prompt-to-earn and multi-Agent task collaboration via chat.chainopera.ai, and developers can publish Agents via agent.chainopera.ai and earn积分 and Token sharing based on usage performance. ChainOpera is building a decentralized intelligent agent network of "user co-creation + model co-training," providing a new computing paradigm and economic model for AI collaboration. [Odaily]

UK-listed Vaultz Capital has announced the completion of a £4.275M subscription through the issuance of ordinary shares, of which approximately £2.60M came from cornerstone investment from Aura Digital Limited. The company plans to raise approximately £6.00M in total. At the same time, Vaultz Capital has established a Bitcoin Advisory Committee to advance its Bitcoin vault strategy and strengthen its digital asset operations layout. [Wu Blockchain]

According to Decrypt, although Ethereum's price performance rebounded in the second quarter and Coinbase's retail trading volume declined overall, XRP continued to lead Ethereum in consumer trading revenue. According to Coinbase's second-quarter shareholder letter, XRP accounted for 13% of consumer trading revenue, slightly higher than Ethereum's 12%. This trend began in the first quarter of this year, when XRP attracted a large number of retail traders due to favorable regulations and rising prices. [PANews]

The number of integrable devices in ShareX's user treasure hunt incentive program, TreasureX, has further expanded, completing integration and deployment with 5 shared brands in the Deshare Alliance, including:YoPoint – operates over 90,000 smart vending machines, covering more than 120 countries; Breeze – Singapore's earliest shared charging brand, with over 320,000 power banks; AIOT – a Malaysian AI-driven smart retail brand; NetCharge – Kazakhstan's first fast-charging shared power brand; MyGreenPlus – a Malaysian smart recycling and reverse vending machine (RVM) brand.The various shared devices of the above brands are now used as offline entry points for TreasureX, supporting users to participate in tasks and receive on-chain rewards. With the continuous advancement of integration and cooperation, TreasureX's offline node network is rapidly expanding, further promoting Web 3 to daily consumption scenarios.Currently, the TreasureX event is still in full swing, with the number of participating users exceeding 800,000, making it one of the most influential DePIN × RWA user growth cases. [Odaily]

CryptoQuant analyst Axel Adler Jr tweeted that "Sentiment in the futures market turned bearish today. After falling to 40%, the indicator has rebounded to 48%, but as long as it remains below 50%, it will remain in bearish territory." [Foresight News]

The Binance Alpha airdrop event will begin today at 15:00. Users holding at least 200 Binance Alpha points can participate in a first-come, first-served claim. The airdrop tokens will continue to be available until the quota is exhausted or the event ends. [Odaily]

BlockFlow, citing on-chain data, reported that Figma founder Dylan Field (@zoink) holds over 2.3 million AGLD tokens, with a market capitalization of approximately $1.76 million, making it the largest holding at this address. The address also holds ETH, PEOPLE, and Loot NFTs. AGLD is an open-source in-game token designed specifically for Loot NFT holders. Loot, an NFT project founded by Dom Hoffman, consists of 8,000 NFTs consisting solely of black text, without images or statistics. Design software giant Figma reportedly saw its stock price surge 256% on its first day of trading on the New York Stock Exchange yesterday (US time). [PANews]

1. Tether: Q2 net profit was $4.90 billion, with a cumulative profit of $5.70 billion in the first half of the year; 2. 0xSun: Has gone long on ETH and shorted altcoins for hedging, and does not believe that funds flowing into ETH will spill over to altcoins; 3. Hong Kong's "Stablecoin Bill" officially came into effect; 4. SharpLink: Since the launch of the treasury strategy, the ETH reserve support behind every 1,000 shares has grown from approximately 2 to approximately 3.4; 5. Figma founder Dylan holds more than $1.70 million in AGLD tokens; 6. Bitcoin spot ETFs had a total net outflow of $115.00 million yesterday, and Ethereum spot ETFs had a total net inflow of $16.9996 million yesterday; 7. Bridgewater founder Ray Dalio sells his remaining shares and will resign from the board; 8. Mining company Riot Platforms' second-quarter net income was $219.50 million, and mining costs doubled year-on-year; 9. Nasdaq-listed Intchains Group has partnered with FalconX to expand ETH reserves; 10. Standard Chartered Bank: Is studying Hong Kong's stablecoin-related documents and aims to submit an application as soon as possible; 11. The Ethereum Foundation published an article "lean Ethereum", outlining the development vision for the next ten years; 12. Trump's reciprocal tariff effective date delayed by one week to August 7; 13. James Wynn's PEPE long positions in another address were liquidated, with total losses exceeding $1.00 million.

On August 1st, Scallop announced that its protocol revenue has exceeded the $6.00M milestone. To celebrate this achievement, the team will airdrop $200,000.00 worth of $SCA to the community. Users holding at least 5,000 veSCA can participate in the distribution. The snapshot time is 8:00 (GMT+8) on August 3, 2025. [Techflow]

Spot Ethereum exchange-traded funds reported their 20th consecutive day of net inflows on Thursday, marking their longest positive flow streak since launch. Yesterday, the spot ether ETFs saw a total daily net inflow of $17.00 million, according to data from SoSoValue. BlackRock's ETHA led net inflows with $18.20 million, followed by $5.62 million moving into Fidelity's FETH. This was countered by $6.80 million in net outflows from Grayscale's ETHE. The latest 20-day run not only surpasses the previous 19-day streak from May 16 to June 12 in length but also in the amount of inflows. The previous streak brought in $1.37 billion, while this 20-day inflow run saw nearly $5.40 billion in total inflows. In the past three months, spot ETH ETFs only saw nine days of net outflows. With the consistent stream of net inflows, the ETH ETFs now hold $21.52 billion worth of total net assets, representing 4.77% of the total Ethereum market capitalization. Presto Research Analyst Min Jung previously explained that the market is currently undergoing a natural rotation from BTC to ETH, fueled by investors who feel like they have missed their opportunity to invest in BTC during its bull run above $123,000.00 last month. Reflecting this trend, spot Bitcoin ETFs experienced weakened inflows, posting net outflows of $114.83 million on Thursday. Meanwhile, U.S. issuers are ramping up efforts to launch spot ETFs based on altcoins outside of bitcoin and ether, such as Solana, XRP and Dogecoin. On Thursday, multiple issuers, including Grayscale, Franklin Templeton and Canary Capital, filed amendments to their spot Solana ETF S-1 registration statements to the SEC, indicating potential signs of advancement towards approval. Fuelling the momentum are continued positive signals from U.S. regulators. On Thursday, SEC Chair Paul Atkins declared that "most crypto assets are not securities," effectively abandoning the agency's earlier position that had deterred many issuers from introducing crypto-related products.

MicroStrategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities.

Gemini co-founder Tyler Winklevoss has questioned former U.S. President Trump's nomination of Brian Quintenz as Chairman of the Commodity Futures Trading Commission (CFTC). Winklevoss pointed out that Quintenz, as Head of Global Policy at a16z and a member of the Kalshi Board of Directors, has a conflict of interest and may attempt to obtain non-public information related to Kalshi's competitors within the CFTC. (The Block) [Odaily]

The crypto industry saw a spike in security incidents in July compared to the previous month, with outflows from hacks totaling $142.0 million, according to blockchain security firm PeckShield. PeckShield wrote on X today that the crypto sector experienced about 17 major hacking incidents in July. These breaches resulted in combined outflows totaling $142.0 million, representing a 27.2% increase from the $111.6 million in losses reported during June. Notably, five major security breaches accounted for the bulk of July's crypto theft. CoinDCX suffered the largest loss at $44.2 million, making it the month's most significant incident. The GMX protocol attack resulted in $42.0 million in stolen assets, though most of these funds were subsequently recovered. BigONE exchange reported losses of $28.0 million, while WOO X experienced a $12.0 million breach, according to PeckShield. Future Protocol rounded out the top five incidents with $4.2 million in stolen cryptocurrency. On July 19, CoinDCX, one of the largest crypto exchanges in India, fell victim to a $44.0 million exploit, following what company CEO Sumit Gupta initially described as a "sophisticated server breach" in a post on X at the time. Bengaluru police later revealed that cybercriminals had used fraudulent part-time job offers to trick a CoinDCX employee into downloading malware onto a company laptop. The hackers then used the compromised access to steal crypto assets. Meanwhile, decentralized perpetuals exchange GMX was hit by a $42.0 million exploit in early July. According to PeckShield, the attacker later returned approximately $40.5 million worth of crypto assets, including around 10,000 ETH and 10.5 million FRAX. [PeckShield]

ETH treasury reserve company SharpLink Gaming posted, "Our mission is to accumulate as much Ethereum as possible while ensuring maximum shareholder value. To maintain complete transparency, we not only report the number of shares issued or the amount of ETH held, but also track the amount of ETH contained within every 1,000 shares of equity. We call this 'ETH concentration,' which shows how much Ethereum backs every 1,000 shares of SBET stock. Since launching the ETH treasury strategy, the 'ETH concentration' has increased from approximately 2.00 to approximately 3.40, an increase of 70%." [Odaily]

Tether released its Q2 2025 business report last night, with the following key information:1. An audit report completed by independent accounting firm BDO confirmed that as of June 30, 2025, Tether's Financial Data and Reserve Report (FFRR) is accurate, with total assets of $162,574,933,798.00 and total liabilities (token issuance is regarded as a liability) of $157,108,009,474.00, with assets exceeding liabilities;2. In Q2 2025, Tether newly issued $13.40B USDT, and the total circulation of USDT exceeded 157B (an increase of 20B within the year);3.  As of the end of the second quarter, Tether's total exposure to U.S. Treasury bonds reached $127.00B (an increase of $8.00B from the first quarter), including $105.50B in direct holdings and $21.30B in indirect holdings, making Tether one of the world's largest U.S. Treasury bond holding institutions.4. The company's shareholder capital for managing reserves remained stable at approximately $5.47B (the same as the previous quarter), further consolidating Tether's solvency and long-term sustainability.5. Net profit for Q2 2025 reached $4.90B, with accumulated earnings of $5.70B in the first half of the year. Among them, recurring profit (excluding gains from gold and Bitcoin market value fluctuations) contributed $3.10B, and another $2.60B came from the increased valuation of gold and Bitcoin holdings. [Odaily]

Bitcoin staking protocol Solv Protocol has launched its flagship product, the BTC+ structured BTC yield vault, with a total quota of 400 BTC, which will open for subscription today. In addition, Solv will establish a $100,000.00 USD SOLV reward pool, distributing Boost rewards based on holding time, and waiving the 15.00% performance fee. [Foresight News]

On August 1st, according to DefiLlama data, BSC cross-chain bridge net inflows reached $900.00M, ranking first among all public chains. This was followed by Arbitrum and Avalanche, with net inflows of $163.00M and $158.00M, respectively. Ethereum and xDai had net outflows of $1.75B and $47.26M, respectively. [Techflow]

Bitcoin mining company Riot Platforms achieved a net income of $219.5 million in the second quarter of 2025, reversing a net loss of nearly $300 million in the first quarter. Year-to-date, Riot Platforms has a net loss of $76.90 million. Due to the increase in the global average network hash rate, the cost of mining a single Bitcoin increased by 93% compared to the same period last year.Riot Platforms mined 1,426 Bitcoins in the second quarter, with total holdings reaching 19,273 Bitcoins, ranking fourth among global listed companies. (The Block) [Odaily]

BitMart's "BM Discovery" section will list The Spirit of Gambling (TOKABU) at 12:30 PM (UTC+8) on August 1, with the TOKABU/USDT trading pair available. [Odaily]

BitMart's "BM Discovery" zone launched Unleash Jugs (JUGS) on August 1st at 12:00 (East Eight District Time), opening the JUGS/USDT trading pair. [Odaily]

According to the official announcement, Binance's spread adjustment for multiple USDⓈ-M perpetual contracts, originally scheduled for August 1, 2025, at 15:00 (Beijing time), will be postponed to August 4, 2025, at 15:00 (Beijing time). (This news was generated with AI assistance) [Odaily]

Week 31 of 2025 (July 25 - July 31): 1. According to cloverpool, the average Bitcoin network hashrate is 902 EH/s, with a high of 1004 EH/s and a low of 710 EH/s, a decrease of 1.48% compared to the average hashrate of the previous week (916 EH/s). 2. According to blockchain.com, the average price of Bitcoin is $118,171.00, with a high of $119,839.00 and a low of $115,500.00, a decrease of 0.19% compared to the average price of the previous week ($118,394.00). 3. Mining news worth noting includes: (1) Can Gu CEO Paul revealed in an exclusive interview that the company will develop in the direction of green electricity and HPC in the future. (2) Mining company Argo Blockchain received a delisting notice from Nasdaq due to its low stock price; (3) Bitdeer disclosed that it produced 63.1 BTC in the past week, and its total Bitcoin holdings increased to 1,637.8 BTC; (4) Privacy coin Monero is facing a situation where its network may be taken over by the mining pool Qubic. Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG). [Odaily]

According to Phoenix News, CoinShares Solana Staking ETF is registered in Delaware. [Foresight News]

Nasdaq-listed Intchains Group has announced a partnership with digital asset prime broker FalconX to expand its ETH reserves. The collaboration aims to improve the efficiency of ETH acquisition and explore potential yield enhancement through structured ETH yield strategies, with specific implementation depending on market conditions and risk considerations. [Odaily]

Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck have submitted amended S-1 registration statements to the U.S. Securities and Exchange Commission (SEC) for spot Solana-based ETFs. Among them, Grayscale's filing discloses that its fund plans to charge a 2.5% management fee and will be paid in SOL. [The Block]

According to official data, Binance BNSOL TVL has exceeded 10.00M SOL, worth approximately $1.79B. [Foresight News]

Hong Kong OSL Group Limited has appointed Jia Hang as an independent non-executive director, and he will also join the Audit Committee, Nomination Committee, Risk Management Committee and Remuneration Committee, effective immediately. [Foresight News]

On August 1st, ChainOpera AI announced that its AI-native public chain will launch over 20 subnet projects, fully covering AI infrastructure and various AI Agent applications, aiming to build a decentralized intelligent collaboration network co-created, co-built, and shared by the community. To date, the platform has exceeded 2.00M total users, with over 300,000 paid users and 600,000 daily interactions. In terms of AI infrastructure, ChainOpera has launched key subnets such as a multi-agent collaboration framework, cross-regional training system, mobile local privacy inference module, as well as the FedML federated training platform and ScaleLLM distributed inference engine, creating a full-stack AI platform. On the Agent application side, the subnet will support typical scenarios such as automated trading, strategy optimization, prediction markets, RWA and stablecoin automation, on-chain task execution, and productivity enhancement, promoting the closed-loop implementation of AI Agents from underlying infrastructure capabilities to terminal experience. This vast community-driven ecosystem has initially realized the vision of an "AI version of WeChat"—users can complete daily tasks, information processing, and on-chain interactions through multiple virtual AI friends contributed by community developers, helping AI Agents truly enter daily life. [Techflow]

Standard Chartered Hong Kong and Greater China and North Asia CEO Mary Huen said that the group is still studying the new stablecoin-related documents released by the Hong Kong Monetary Authority (HKMA), but with the "Stablecoin Ordinance" taking effect tomorrow, the group is exploring possible options and use cases, with the goal of submitting an application as soon as possible. The group has participated in the "Sandbox" and has been focusing on exploring opportunities in the Hong Kong dollar market. The new stablecoin framework is risk-based, improves the balance well, and is open to commercial solutions. The group believes that digital assets will play an important role in the financial system in the future. [Foresight News]

A Layer 1 powered by USDT, designed to enable efficient processing of financial transactions through stablecoins.

Lookonchain monitoring shows that James Wynn's PEPE long positions in another wallet address have also suffered a series of liquidations, with a total loss of over $1.00M, leaving only $14,850.00 in the account. Yesterday, James Wynn's main wallet address closed its 10x PEPE long position after being partially liquidated 9 times in a row, and withdrew $32,931.00 from Hyperliquid to deposit into Binance. James Wynn lost another $1.24M in this long position. [Odaily]

Jiang Yi, Director of the Policy Research Office and Spokesperson of the National Development and Reform Commission (NDRC), announced at a press conference yesterday that the "Opinions on Deepening the Implementation of the 'Artificial Intelligence Plus' Initiative" had been reviewed and approved by the State Council Executive Meeting yesterday. Going forward, the NDRC will work with relevant parties to focus on providing direction and confidence to the market, and on practical and effective implementation, to deepen the implementation of the "Artificial Intelligence Plus" Initiative. On the one hand, we will vigorously promote the large-scale commercial application of AI, fully leveraging my country's advantages of a comprehensive industrial system, large market scale, and rich application scenarios. We will promote the rapid popularization and deep integration of AI in all areas of economic and social development, forming a virtuous cycle in which innovation drives application and application promotes innovation. On the other hand, we will focus on optimizing the AI innovation ecosystem, increasing policy support, and strengthening the foundations in computing power, algorithms, data, open source, talent, and security. We will accelerate the formation of a dynamic, agile, and multi-faceted AI governance framework to better support the implementation of the technology and the growth of the industry. [PANews]

On August 1, according to official news, the Hotcoin exchange will simultaneously launch the following trading pairs on August 1, 2025, at 12:00 (UTC+8): JUGS/USDT (Spot) Launch time: August 1, 2025, 12:00 (UTC+8) IKA/USDT (Contract) Launch time: August 1, 2025, 12:00 (UTC+8) IKA is the token of the IKA project and can enjoy up to 20x leverage. Ika is the fastest parallel MPC network, surpassing all other MPC networks in terms of latency, throughput, decentralization, and zero-trust security. [Techflow]

On August 1st, according to CNBC, JPMorgan Chase CEO Jamie Dimon stated in an interview that he is not opposed to stablecoins and believes in stablecoins and blockchain technology, but personally is not optimistic about Bitcoin itself. He emphasized that as long as there is customer demand and the use is legal, JPMorgan Chase will participate in related businesses. Dimon pointed out that the key lies in meeting customer needs, not JPMorgan Chase's own preferences, and this principle also applies to the private credit and crypto sectors. [PANews]

Crypto KOL 0xSun (@0xSunNFT) posted on social media that the market is currently heavily divided between bulls and bears. He has personally opened a hedging trade (going long on ETH while shorting a basket of altcoins), with a position of approximately 1:1.The logic behind this operation is that ETH was the main driver of the rally at the end of June, with institutions following MicroStrategy's example by purchasing ETH through coin-stock financing. In the stablecoin narrative, ETH is also the core infrastructure and settlement layer. Referring to the previous process of MicroStrategy buying BTC, which drove the price all the way up, most altcoin gains ultimately fell far short of Bitcoin. The funds used by coin-stock and institutions to buy ETH are unlikely to spill over to other altcoins.According to CMC data, only 20 of the top 200 tokens have increased more than ETH in the past 30 days, including BONK, ZORA, CFX, and ENA, which are clearly driven by positive events.Altcoins follow the previous logic of shorting, prioritizing those with higher market caps, non-leading positions, weak performance, and low presence, and shorting them in a diversified manner, setting stop losses to prevent individual targets from exploding.0xsun added that if the market continues to be bullish in the second half of the year, he believes that it will most likely still be driven by ETH. If the market enters a bear market, he does not think that altcoins can stay out of it, while ETH at least has the purchasing power of institutions to support it. The situations that would cause this hedging idea to fail are either that the altcoin season has really arrived, and most altcoins continue to outperform ETH, or that ETH fluctuates or leads the decline, while other altcoins do not fall much. Based on the experience of the past few months, he personally thinks the possibility is small. [Odaily]

On August 1st to commemorate Ethereum's 10th anniversary, HashKey Cloud launched an exclusive HSK airdrop event. From August 1st, 2025, to October 31st, 2025, $ETH stakers (must hold ≥ 32 ETH) can entrust their $ETH to a HashKey Cloud node to receive HSK airdrop rewards. The higher the stake and the longer the duration, the more HSK rewards will be. To participate: Send an email to contact@hashkey.cloud [PANews]

Bitget Wallet has launched a Solana network Gas fee waiver service (SOL GAS FREE), becoming the first wallet product to support this feature. Users can enable the GetGas function and recharge to enjoy on-chain Gas fee subsidies when using Bitget Wallet for transfers or transactions, without having to consume SOL. This subsidy service is provided by Bitget Wallet's infrastructure Paymaster and does not rely on the Solana network's native relayer mechanism. [Foresight News]

On August 1st, Y Combinator released its latest RFS (Requests for Startups), encouraging entrepreneurs to innovate in areas such as AI economy worker training, AI video generation, 10-person, $10.00 billion companies, multi-agent system infrastructure, AI-native enterprise software, and using AI to replace government consulting, thereby seizing the huge entrepreneurial opportunities brought by the AI wave. [PANews]

Privacy computing startup TACEO completes $5.50M seed round led by Archetype, with participation from a16z CSX, Cyber.Fund, a_capital, Polymorphic Capital, Daedalus, and WAGMI Ventures. [Foresight News]

On August 1st, according to the official announcement of Huobi HTX, Huobi Leverage launched a new phase of the lending + trading dual list event from July 31st 20:00 to August 7th 20:00 (UTC+8), covering four popular currencies: DOGE, SOL, ADA (all isolated margin) and TRUMP (isolated margin), with a total prize pool of $30,000. During the event, users who complete registration and participate in leveraged lending of the event currencies can share $20,000 in rewards based on their lending volume; those who participate in leveraged trading of the event currencies can share $10,000 in rewards. In addition, users who participate in DOGE leveraged lending during the event can also enjoy a super low annualized interest rate of 0.99%. [Techflow]

According to the official page, a series of Web3 investment products launched by Qian Fenglei have been included in the Hong Kong Securities and Futures Commission's list of suspicious investment products, including two funds under FO-X, the Web3 ecosystem launched by Hengfeng International, namely Fofund, Fo Coin, and Paradise NFT. [Wu Blockchain]

Ethereum Rollup deployment platform Caldera officially announced that Metalayer and Caldera Bridge are about to expand to Base. In addition to Caldera providing support for many Base L3s, Caldera Bridge is now fully integrated with Base Chain, giving its entire ecosystem instant access to Caldera's Metalayer chain network. [Odaily]

On August 1st, Matrixport, a leading global crypto financial services platform, announced a strategic partnership with NYSE-listed DDC Enterprise Limited (stock code: DDC) to support its Bitcoin custody business. According to the cooperation framework, DDC will incorporate Cactus Custody, a compliant digital asset custodian under Matrixport Group, into its dynamic custody network to strengthen the security, compliance management, and operational flexibility of its Bitcoin assets, effectively supporting its growing Bitcoin holding management needs. Relying on Matrixport's compliance qualifications and technical advantages, DDC has further strengthened its strategic Bitcoin layout. Through this cooperation, the two parties have also expanded the coverage of institutional-grade digital asset services in the global market. [Techflow]

AI-native infrastructure and programmable IP blockchain Story has announced that it will be the technical support party, jointly issuing a consumer digital advertising RWA project with the Hangzhou Cultural Property Exchange, Langsheng Media, and Web3 accelerator Starbase. The project will split 2,000 minutes of advertising resources from the "Big Dumb Screen" of Hangzhou Guoda City Plaza into 800 digital assets, mapping them to the Story chain. Users can purchase digital assets to obtain the right to use the Big Dumb Screen for advertising. According to the announcement of the Hangzhou Cultural Property Exchange, the project will start selling at 10:00 on August 8. This compliant issuance promotes the first standardized on-chain implementation of offline advertising resources, and is also the first RWA model in the field of cultural communication in mainland China jointly promoted by state-owned enterprises, compliant platforms, and Web3 infrastructure, laying the foundation for Story to continue to expand its IP RWA compliance ecosystem network in the Asian market. [Odaily]

According to Arkham monitoring, a multi-signature wallet owned by an early SPX holder: 0x9f...bEEe transferred 4.45M SPX, worth approximately $7.52M, to Kraken at 7:04 UTC+8 today. On-chain tracing revealed that the multi-signature wallet's SPX came from an early holder: 0x4a...2296. GMGN [Wu Blockchain]

On this day in 2017, Bitcoin underwent its first hard fork, and Bitcoin Cash (BCH) was born.

According to the Solscan browser, BONK whale: Au6TfP…tpWhNh deposited 170B BONK into marginfi as collateral at 6:45 UTC+8 today, worth approximately $4.56M, and borrowed 1.00M USDC from marginfi and exchanged it for JitoSOL; subsequently, the whale transferred $1.00M worth of JitoSOL to another associated address and deposited some of it into Drift Protocol: Vault. [Wu Blockchain]

Former SEC Commissioner Paul Atkins said that he has asked staff to study how to adjust the custody system to promote the development of crypto asset custody business, and instructed staff to develop a framework to allow parallel trading of crypto securities and non-crypto securities. To accommodate the trading of tokenized securities, the U.S. Securities and Exchange Commission may need to consider revising the National Market System Rules. [Foresight News]

On August 1st, according to an announcement from the Hong Kong Stock Exchange, Hong Kong-listed company Deling Holdings announced that it has signed an equity subscription agreement with RWA tokenized financial technology company Asseto. The company has conditionally agreed to subscribe for 77,352 Class A ordinary shares issued by Asseto. The total subscription price is US$1,290,335.00 (HK$10.13 million) and will be paid in cash. It is reported that the subscribed shares represent approximately 3.23% of Asseto's enlarged issued share capital after the subscription. [PANews]

Ethereum infrastructure protocol Puffer Finance has announced an upgrade to Puffer UniFi AVS. Built on EigenLayer and secured by over $13.00B in restaked ETH, Puffer UniFi AVS brings sub-second execution speeds and economic consistency to Rollups through validator-backed gateways and real-time pre-confirmations. Puffer UniFi AVS offers: L2 execution pre-sets, millisecond-level transactions for high throughput, and economic coordination between Rollup owners and Ethereum proposers. [Odaily]

Coinbase releases its Q2 2025 financial report. The report shows that the highly publicized data breach caused the company to lose $307.00M, lower than the estimated $400.00M; total revenue in the second quarter decreased by 26% compared to the previous quarter, transaction revenue decreased by 39% compared to the previous quarter, and crypto spot trading volume decreased by more than 30% compared to the previous quarter; net profit reached $1.43B, a significant increase compared to $36.00M in the same period last year; quarterly trading volume was $237.00B, higher than $226.00B in the same period in 2024. [Foresight News]

According to @ai_9684xtpa monitoring, a new address received 23,314.43 ETH from Galaxy Digital again 7 hours ago; it has accumulated 62,966.23 ETH (approximately $240.0 million) in the past 48 hours, with an average price of $3,820.38, and is currently facing a floating loss of approximately $10.02 million. [Wu Blockchain]

On August 1st, Coinbase CEO Brian Armstrong recently posted on X that he met Vitalik Buterin at the San Jose Bitcoin Conference in 2013 and invited him to visit Coinbase's San Francisco office, even trying to recruit him. However, Buterin was unable to obtain a US work visa and was forced to return to Canada. It was during his time in Canada that Buterin created Ethereum. Armstrong suggested that the US's suboptimal immigration system may have contributed to the birth of Ethereum. [PANews]

According to CNBC, Coinbase will launch new services in the US in the coming months, including tokenized stocks, prediction markets, derivatives, and early token sales. It also plans to expand its core trading app beyond cryptocurrencies, initially targeting US users, followed by a "gradual international rollout" based on regulatory approvals. [Foresight News]

The Ethereum Foundation (EF) official website today released an article titled "lean Ethereum," written by EF researcher Justin Drake, outlining Ethereum's development vision for the next decade.The main goals of this vision include: expanding the base layer transaction count (TPS) to 10,000 per second, and the Layer 2 network to 1,000,000 per second, while maintaining decentralization and 100% uptime. In addition, Ethereum will undergo major upgrades in the consensus layer, data layer, and execution layer, including upgrading the Beacon Chain to version 2.0, introducing post-quantum era Block 2.0, and EVM 2.0, which may be built on the open-source RISC-V instruction set. In terms of cryptography, the system will fully rely on hash-based signatures, hash root data commitments, and native hash zero-knowledge virtual machines to achieve quantum computing resistance. [Odaily]

1. Trump sets tariff rates for multiple trade partners ranging from 10% to 41%;2. SEC announces the launch of "Project Crypto" to promote the U.S. as a global crypto hub;3. Strategy's Q2 revenue hits a record high and submits a $4.20B STRC issuance to purchase more Bitcoin;4. Securities Times: Bank of China, Standard Chartered, and other note-issuing banks are expected to be among the first to be approved for Hong Kong stablecoin licenses;5. The Ether Machine has become the third entity to surpass the Ethereum Foundation in ETH holdings;6. Multiple companies have submitted amended S-1 filings for SOL ETF registration statements;7. Coinbase plans to launch an "omnipotent exchange" program, opening tokenized stocks and prediction markets to U.S. users;8. Sonic updates its first-quarter airdrop eligibility, lowering the minimum claim standard from 200 S to 5 S;9. Pump.fun has recently registered the subdomain fee.pump.fun;10. Contract whale AguilaTrades' 40x BTC long position was liquidated again, with overall losses of $39.80M. [whale]

On August 1st, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that, in conjunction with the Presidential Working Group (PWG) report, his top priority is to quickly establish a regulatory framework for the issuance of crypto assets in the United States. He noted that capital formation is the SEC's core mission, but that for a long time, the SEC has ignored the market's need for choice, suppressing crypto-asset-based financing activities, causing the crypto market to shift elsewhere and investors to miss out on opportunities to participate in economic development using new technologies. He emphasized that the SEC's past practices of "escaping reality" and "enforcement first, questions later" are now history. [PANews]

Bitcoin L2 network GOAT Network has announced the official launch of the BitVM2 testnet Beta and the implementation of the first real-time proving system running in a production environment, becoming the first Bitcoin zkRollup project to support instant withdrawal initiation and full-link visual proof. [Foresight News]

AI-powered crypto aggregation trading platform DogeX has announced the launch of its ETH 10th anniversary event and the introduction of airdrop token GOLD. The official announcement states that all addresses that successfully mint NFTs during the ETH 10th anniversary event can claim GOLD for free, without connecting a wallet or paying Gas. According to the official introduction, GOLD will serve as one of the important bases for subsequent airdrop token distribution on the DogeX platform. In addition, the DogeX mining Telegram mini-game has been officially launched, and users can also mine GOLD through the mini-game. [Odaily]

Strategic ETH Reserve data shows that The Ether Machine, an ETH treasury reserve company, has reached 334,800 ETH (approximately $1.24B), becoming the third entity to surpass the Ethereum Foundation in holdings. [Odaily]

According to Sina Finance, in response to reports of serious security issues with NVIDIA's computing chips, NVIDIA stated, "Cybersecurity is of utmost importance to us. NVIDIA's chips do not have 'backdoors' and do not allow anyone to remotely access or control these chips." [Foresight News]

On August 1st, Indonesia's Directorate General of Taxation monitors annual cryptocurrency tax revenue between 50 billion and 60 billion rupiah (approximately US$31.25 million and US$36.40 million). Tax revenue is expected to be 24.6 billion rupiah (approximately US$15.00 million) when it is first implemented in 2022, falling to 22 billion rupiah (approximately US$13.42 million) in 2023 before increasing significantly to 62 billion rupiah (approximately US$37.98 million) in 2024. As of 2025, 11.5 billion rupiah (approximately US$6.97 million) has been collected year-to-date.The tax department stated that cryptocurrency price fluctuations could lead to instability in future tax revenues. Meanwhile, Indonesia's cryptocurrency users have surpassed 20 million, far exceeding the number of stock market investors and becoming a significant source of tax revenue for the government. In addition, Indonesia implemented tax reforms in August 2025, raising the tax rate for overseas platforms to 1.00% and the domestic platform tax rate to only 0.21% to reduce capital outflows and encourage domestic transactions. The government also eliminated value-added tax on cryptocurrency buyers and reclassified crypto assets from commodities to financial assets, bringing them under the supervision of the Financial Services Authority. [PANews]

On August 1st, Nasdaq-listed The9 announced that its wholly-owned Hong Kong subsidiary, Vast Ocean International Limited, has launched the Web3 gaming platform the9bit and established a strategic partnership with chain game guild Yield Guild Games (YGG). It is reported that the9bit will be integrated into YGG's official resident channels and blockchain game guild activities. It is reported that The9 was the exclusive operator of "World of Warcraft" in mainland China from 2005-2009. [Techflow]

In a recent interview with CoinGape, Czhang, head and partner of LBank Labs, stated that LBank is becoming a discovery center for early "100x coins" due to its fast listing mechanism and continuous innovation. At the same time, LBank launched the LBANK EDGE zone and integrated xStock to launch tokenized trading services for US stocks, combined with an points reward mechanism to create a new user experience of "participation equals profit."In terms of project selection, Czhang emphasized that sustainable "blood-generating" ability, disruptive innovation, and execution are the core elements of investment decisions. At the same time, Czhang analyzed the current market trend, pointing out that the tenth anniversary of Ethereum, the progress of US crypto legislation, infrastructure upgrades, and the RWA boom are accelerating the integration of crypto assets into the mainstream financial system, injecting new momentum into the industry. In addition, he shared his unique views on the universality of MicroStrategy's Bitcoin allocation strategy. [Odaily]

Hong Kong's "Stablecoin Ordinance" officially came into effect on August 1st, with a 6-month transition period. It is expected that the first issuer license will be issued early next year. Shi Ziyuan, head of proprietary investment at China Renaissance, said that the move is expected to attract more mainstream institutions and high-quality capital into the market.China Renaissance plans to expand its Type 1, 4, and 9 licensed businesses in Hong Kong to digital asset businesses, while increasing investment in Web 3, RWA and other infrastructure fields. The company has previously invested in stablecoin issuer Circle and launched a $100.00M investment budget in June of this year. (Yahoo Finance) [Odaily]

On August 1st, Hong Kong's Stablecoin Ordinance officially came into effect today. The Hong Kong Monetary Authority has established a six-month transition period and expects to issue the first stablecoin issuer license early next year. Huaxing Capital stated that the regulatory compliance of stablecoins will help attract more mainstream institutions and capital into the market. Shi Ziyuan, Head of Investment at Huaxing Capital, added that the company will focus on connecting Web 2.0 and Web 3.0, and plans to apply to expand its existing licenses (SFC Licenses 1, 4, and 9) to cover digital asset business. The company will also increase investment in industry infrastructure, on-chain ecosystems, and RWA assets to help Hong Kong become a global digital asset hub. Previous news on June 26, [PANews]

The U.S. July jobs report, due out at 8:30 p.m. Beijing time on Friday, is expected to show 110,000 new jobs, a significant drop from 147,000 in June; the unemployment rate is expected to rise slightly from 4.1% to 4.2%; and average hourly earnings are expected to rise 0.3% month-on-month, up from 0.2% in June. If the forecast is accurate, it would reinforce the view that the labor market is slowing, although it would not necessarily require a response from the Federal Reserve. At this week's earlier rate-setting meeting, Powell gave no guidance on the September rate decision, noting that there is a lot of data to be released before then, and Friday's July non-farm payrolls report will be a piece of the puzzle that will help influence the Fed's September rate cut expectations. Analysts point out that if non-farm payrolls are below 100,000 and the unemployment rate rises, it may indicate a weakening labor market, dampen the Fed's rekindled hawkish expectations, and put pressure on the dollar, which would be conducive to a rebound in gold prices. However, if non-farm payrolls unexpectedly exceed 150,000, the dollar's strength may continue, as strong U.S. jobs data could rule out the possibility of two Fed rate cuts this year. (Golden Ten) [ChainCatcher]

On August 1st, Nasdaq-listed Cemtrex (stock ticker: CETX) announced the acquisition of $1.00M worth of Solana (SOL) as the first step in its digital asset reserve strategy. The company purchased 5,500 SOL at an average price of $181.00 per coin and plans to gradually expand its cryptocurrency reserve to $10.00M. [TechFlow]

According to AASTOCKS, Shi Ziyuan, head of proprietary investment at China Renaissance, said, "The company will, as always, actively embrace Web3.0 and the digital asset industry, and continue to empower Hong Kong's digital industry ecosystem through professional capabilities and high-quality resources such as investment banking services, strategic funds, and direct investment. We will apply to expand the Hong Kong Securities and Futures Commission's Type 1, 4, and 9 licenses to cover digital asset businesses; and look forward to working with industry partners to jointly create and increase investment and construction in digital asset financial infrastructure, on-chain ecosystems, and RWA assets, jointly promote the innovative and steady development of the industry, and help Hong Kong build a global digital asset center." [Foresight News]

Digital identity verification platform Billions announced the completion of a $30.00 million financing round, with participants including Polychain, Coinbase Ventures, Polygon, Liberty City Ventures, BITKRAFT Ventures, and other institutions. This round of financing will be used to build the first universal human-AI interaction network. The platform is based on zero-knowledge proof technology and is committed to providing a scalable and secure identity verification mechanism to promote trusted interaction between humans and artificial intelligence. [Odaily]

On August 1, Techinasia reported that cyber risk management company Safe announced the completion of a $70.00 million Series C funding round led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and continued investment from existing investors Eight Roads, John Chambers, and Sorenson Capital. Currently, large enterprises such as Google, Fidelity, T-Mobile, and Chevron have become Safe's customers. According to industry data, cybercrime is projected to cause $12.20 trillion in annual losses globally by 2031, while global cybersecurity spending is expected to exceed $1.75 trillion between 2021 and 2025. [Techflow]

Matrixport's latest investment research report indicates that the core catalyst for a new round of Bitcoin appreciation is emerging. Despite a flurry of positive news related to Ethereum, including increased ETF flows, rising corporate allocations, and the potential approval of a staking mechanism by the SEC, the funding rate has only risen to 15%, failing to fully reflect market enthusiasm. The report suggests that August and September are typically weaker months for Bitcoin throughout the year. With the conclusion of the FOMC meeting and the fading of policy catalysts, and given that the next FOMC meeting is not until September 17th, and the lack of new policy catalysts in the short term, market sentiment may turn cautious, and the market may enter a period of consolidation.In addition, Matrixport noted that US fiscal uncertainty remains a core driver of hard asset appreciation. Trump's recent $5 trillion debt ceiling expansion plan has significantly impacted the market, with the US Treasury debt balance surging by over 10% following the policy's implementation. Bitcoin is at the forefront of this macroeconomic shift, and capital flows remain a key indicator of its upside potential. [PANews]

According to Ark Invest Daily data, Cathie Wood's Ark Invest increased its holdings of Figma stock by 60,000 shares yesterday, worth approximately $6.93M. [Foresight News]

According to the official announcement, Binance Alpha will launch MOMOFUN (MM) on August 3. Eligible users can use Binance Alpha points to claim the airdrop on the Alpha activity page after trading opens. [Wu Blockchain]

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, with its dominance in the RWA sector rising. According to on-chain data from Nansen, wallets tagged as “smart money,” including high-performing funds, early adopters, and active on-chain participants, have sharply increased their exposure to PLUME. These wallets now collectively hold 2,800,000 PLUME tokens, marking a 56% increase over the past 30 days. Historically, a rise in smart money holdings often precedes major price movements. These investors typically conduct deeper due diligence and allocate capital based on forward-looking fundamentals. As a result, their moves often signal where the market might be headed. Retail investors, in particular, tend to track these wallets closely and may adjust their positioning in response to perceived insider conviction. In the case of Plume, the recent surge in smart money activity aligns with the protocol’s rapid expansion in the real-world asset (RWA) sector. Data from RWA.xyz shows that Plume’s RWA holder count has increased sixteenfold since June, rising to 166,892 wallets at the time of writing. This growth has pushed Plume ahead of Ethereum, making it the blockchain with the largest number of RWA holders. At present, Plume accounts for nearly 50% of all RWA holders across the entire market. RWA holders refer to unique wallet addresses that hold tokenized real-world assets on a blockchain network. A rising RWA count typically reflects increased user adoption and growing demand for tokenized financial products. In Plume’s case, the expanding user base helps validate its infrastructure as a leading RWA-native chain and could enhance its appeal among institutional investors seeking compliant, yield-generating exposure. Evidence of this growing institutional attention became more evident when Grayscale, one of the largest digital currency asset managers in the world, added PLUME to its list of digital assets “under consideration.” The list includes 28 tokens spanning sectors from DeFi infrastructure to tokenized assets and Layer 1 protocols. While it doesn’t guarantee a new product launch, Grayscale’s inclusion of PLUME shows it may be considering the token for a future trust or ETF-like offering. It’s a sign that institutions are starting to take Plume’s role in the RWA space more seriously, which could help boost both investor interest and credibility. The daily chart suggests that PLUME may be nearing a bullish reversal. After reaching a year-to-date high of $0.209 in May, the token declined by 63% to hit a low of $0.076 on June 22. At that level, price action formed a double bottom pattern, a classic reversal signal. This structure prompted a rebound to $0.12 before PLUME entered a consolidation phase that lasted through most of July. In recent sessions, price action has taken the form of a falling wedge—typically a bullish continuation pattern—defined by a narrowing range of lower highs and lower lows. The upper trendline of this wedge currently converges around the $0.100 level, which also aligns with the 50-day simple moving average. A decisive move above this level could trigger a breakout. Momentum indicators are beginning to support this potential breakout. The 20-day SMA has crossed above the 50-day SMA, forming a golden cross, a pattern often interpreted as a bullish signal. Additionally, RSI has started to climb after bouncing from a low of 37, suggesting that bearish momentum is fading and buying pressure is gradually returning. If PLUME breaks above the wedge and clears the $0.100 resistance, the short-term technical target stands at $0.13, representing an approximate 40% upside from current price levels. A successful move above $0.13 could open the path to $0.18, a price level that has served as firm resistance on multiple occasions this year. However, this setup remains sensitive to broader market conditions. At the time of writing, overall sentiment appears subdued, with the global crypto market cap falling 7% over the past 24 hours amid renewed uncertainty surrounding macroeconomic policy and political developments. At press time, Plume was trading at $0.096, with no gains in the past 24 hours. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. [No Source]

Glassnode's monitoring showed that the 30-day average of USDT transfers across major blockchains has steadily increased since the volatility in early 2022, currently reaching $5.29 billion, indicating a gradual recovery in stablecoin market activity. As of July 30, 2025, the USDT transfer volume share of each blockchain was as follows: Tron $23.00 billion, BNB Chain $14.90 billion, Ethereum $13.30 billion, TRON $94.70 million, Optimism $60.40 million, Solana $78.04 million, and Arbitrum $63.83 million. From January to May of this year, Tron led USDT transfers with over 55% of the total, while Ethereum accounted for over 27%. However, since May, BNB Chain has surpassed Ethereum, currently holding over 30% of the total. [PANews]

On August 1st, UK-based Cel AI announced plans to delist from the London Stock Exchange (LSE) on September 1st and transfer to the Aquis Stock Exchange (AQSE) Growth Market to "unlock flexibility in executing its Bitcoin reserve strategy." The company has sold 3.42 Bitcoins, now holding a total of 5.28 Bitcoins, and plans to continue increasing its holdings after transferring to AQSE. [PANews]

During July, PancakeSwap strengthened its position as the largest decentralized exchange by spot trading volume. PancakeSwap recorded $151 billion in spot trading volume in June, accounting for over 43% of all spot DEX trades. This dominance continued into July, with reports indicating PancakeSwap processed $188 billion in trading volume during the month — double Uniswap’s $94 billion — according to The Block’s data dashboard. The platform again accounted for nearly 43% of the total DEX volume. Decentralized exchanges match buyers and sellers without the need for a centralized custodian. The surge in PancakeSwap's volume has been attributed to its integration with Binance Alpha, the launch of PancakeSwap Infinity with lower gas fees, and cross-chain trading capabilities across networks like BNB Chain, Ethereum, Arbitrum, and Solana. These factors helped PancakeSwap capture a significant market share, with the DEX-to-CEX spot trading ratio reaching a new high of 27.9% in June before sliding to 23.3% in July. While Uniswap remained a notable competitor, its 30-day volume in July was notably lower than PancakeSwap's, and no other DEX — such as Raydium or Aerodrome — matched PancakeSwap's reported figures. PancakeSwap also emerged as a fee-generating leader, accumulating over $430 million in fees through its automated market-making services and yield farming mechanisms, according to The Block's data dashboard. [The Block]

JuCoin Launches "Global JU Airdrop Campaign," expected to distribute over one million in hashrate rewards to global users. The airdrop period is from August 1st to August 15th, covering ecological registered users, node participants, and global Web3 builders. Through cooperation with KOLs and the online "Million Dollar Wheel" activity, it will guide community participation in ecological construction and promote the platform's globalization. [Foresight News]

Binance Alpha has launched ai . ac (MIA). Users holding at least 200 Binance Alpha points can claim an airdrop of 500 MIA tokens. First come, first served. If the event has not ended, the score threshold will automatically decrease by 15 points every hour. Claiming the airdrop will consume 15 Binance Alpha points. [Foresight News]

NLNico reported that Crypto Blockchain Industries (CBI) had increased its holdings of Bitcoin by 21.52 over the past three months, bringing its total holdings to 25.07. The company announced a strategic agreement with SAFEbit to acquire up to 2,000 Bitcoins (valued at over €200 million) through a discounted share swap, with no cash payment required. In addition, CBI has also launched a number of financing tools, including a Bitcoin-for-equity plan, an ATM plan, block transaction financing, and a Bitcoin mining project, aiming to further expand Bitcoin assets. [PANews]

On August 1st, Balance Foundation posted on the X platform that the sixth batch of EPT reward unlocks is now live, with a total of 5,563,705 EPT tokens available for node holders to claim. [TechFlow]

On August 1st, according to the official announcement, Huobi HTX launched the NAORIS/USDT perpetual contract on August 1st, with a maximum leverage of 20x. At the same time, Huobi HTX launched the NAORIS contract trading party from 15:00 on August 1st to 12:00 on August 8th (UTC+8), with a total prize pool of up to $10,000.00. During the event, users who complete registration and participate in NAORIS/USDT contract trading with a cumulative effective trading volume ≥ 10,000.00 USDT can share the prize pool according to the trading volume ranking; new contract users who complete NAORIS/USDT contract trading will also receive exclusive benefits. [TechFlow]

On August 1st, WEEX Exchange announced that the platform will launch the Thinkagents Trading Competition from 7/30 17:00 - 8/6 17:00 (UTC+8), with a total prize pool of 10,000 USDT. During the event, new users who make a net deposit of $100.00 in any currency and choose THINK/USDT for their first spot trade (regardless of trading volume), and have a contract trading volume of more than 100 U (regardless of currency), can receive a prize pool of 25~100 USDT; new and existing users with a THINK spot trading volume ≥ 100 USDT can share a 1,000 USDT prize pool according to the proportion of trading volume; new and existing users with a cumulative contract trading volume ≥ 2,500,000 U (regardless of currency) can receive a 25 USDT airdrop, and the top 10 users with the highest cumulative contract trading volume can also receive an additional 200 USDT reward; new and existing users who invite friends to participate in this event will receive a tiered reward of 5~10 USDT/person based on the number of valid invitations. [Techflow]

On August 1, AI-powered on-chain derivatives platform AILiquid announced the official launch of its transaction mining function, which includes measures such as returning contract transaction fees and additional CCC token rewards. At the same time, AILiquid launched the "KOL Super Agent Program," offering multiple incentives for global KOLs and content creators. [Odaily]

Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family.

According to official sources, ChainOpera AI is the first globally to implement Federated Learning (FedML) technology in an iOS App environment, realizing a new paradigm of AI Agents "training while using" locally on the user's device. Private data generated by users through interactions with the AI virtual assistant will be directly used for personalized model fine-tuning and will receive on-chain incentives. The data remains entirely on the device, privacy is controllable, and收益 is obtainable. Currently, the platform's daily transaction volume has exceeded 600,000, and the cumulative number of paying users has surpassed 300,000. Users can experience Prompt-to-earn and multi-Agent task collaboration via chat.chainopera.ai, and developers can publish Agents via agent.chainopera.ai and earn积分 and Token sharing based on usage performance. ChainOpera is building a decentralized intelligent agent network of "user co-creation + model co-training," providing a new computing paradigm and economic model for AI collaboration. [Odaily]

UK-listed Vaultz Capital has announced the completion of a £4.275M subscription through the issuance of ordinary shares, of which approximately £2.60M came from cornerstone investment from Aura Digital Limited. The company plans to raise approximately £6.00M in total. At the same time, Vaultz Capital has established a Bitcoin Advisory Committee to advance its Bitcoin vault strategy and strengthen its digital asset operations layout. [Wu Blockchain]

According to Decrypt, although Ethereum's price performance rebounded in the second quarter and Coinbase's retail trading volume declined overall, XRP continued to lead Ethereum in consumer trading revenue. According to Coinbase's second-quarter shareholder letter, XRP accounted for 13% of consumer trading revenue, slightly higher than Ethereum's 12%. This trend began in the first quarter of this year, when XRP attracted a large number of retail traders due to favorable regulations and rising prices. [PANews]

The number of integrable devices in ShareX's user treasure hunt incentive program, TreasureX, has further expanded, completing integration and deployment with 5 shared brands in the Deshare Alliance, including:YoPoint – operates over 90,000 smart vending machines, covering more than 120 countries; Breeze – Singapore's earliest shared charging brand, with over 320,000 power banks; AIOT – a Malaysian AI-driven smart retail brand; NetCharge – Kazakhstan's first fast-charging shared power brand; MyGreenPlus – a Malaysian smart recycling and reverse vending machine (RVM) brand.The various shared devices of the above brands are now used as offline entry points for TreasureX, supporting users to participate in tasks and receive on-chain rewards. With the continuous advancement of integration and cooperation, TreasureX's offline node network is rapidly expanding, further promoting Web 3 to daily consumption scenarios.Currently, the TreasureX event is still in full swing, with the number of participating users exceeding 800,000, making it one of the most influential DePIN × RWA user growth cases. [Odaily]

CryptoQuant analyst Axel Adler Jr tweeted that "Sentiment in the futures market turned bearish today. After falling to 40%, the indicator has rebounded to 48%, but as long as it remains below 50%, it will remain in bearish territory." [Foresight News]

The Binance Alpha airdrop event will begin today at 15:00. Users holding at least 200 Binance Alpha points can participate in a first-come, first-served claim. The airdrop tokens will continue to be available until the quota is exhausted or the event ends. [Odaily]

BlockFlow, citing on-chain data, reported that Figma founder Dylan Field (@zoink) holds over 2.3 million AGLD tokens, with a market capitalization of approximately $1.76 million, making it the largest holding at this address. The address also holds ETH, PEOPLE, and Loot NFTs. AGLD is an open-source in-game token designed specifically for Loot NFT holders. Loot, an NFT project founded by Dom Hoffman, consists of 8,000 NFTs consisting solely of black text, without images or statistics. Design software giant Figma reportedly saw its stock price surge 256% on its first day of trading on the New York Stock Exchange yesterday (US time). [PANews]

1. Tether: Q2 net profit was $4.90 billion, with a cumulative profit of $5.70 billion in the first half of the year; 2. 0xSun: Has gone long on ETH and shorted altcoins for hedging, and does not believe that funds flowing into ETH will spill over to altcoins; 3. Hong Kong's "Stablecoin Bill" officially came into effect; 4. SharpLink: Since the launch of the treasury strategy, the ETH reserve support behind every 1,000 shares has grown from approximately 2 to approximately 3.4; 5. Figma founder Dylan holds more than $1.70 million in AGLD tokens; 6. Bitcoin spot ETFs had a total net outflow of $115.00 million yesterday, and Ethereum spot ETFs had a total net inflow of $16.9996 million yesterday; 7. Bridgewater founder Ray Dalio sells his remaining shares and will resign from the board; 8. Mining company Riot Platforms' second-quarter net income was $219.50 million, and mining costs doubled year-on-year; 9. Nasdaq-listed Intchains Group has partnered with FalconX to expand ETH reserves; 10. Standard Chartered Bank: Is studying Hong Kong's stablecoin-related documents and aims to submit an application as soon as possible; 11. The Ethereum Foundation published an article "lean Ethereum", outlining the development vision for the next ten years; 12. Trump's reciprocal tariff effective date delayed by one week to August 7; 13. James Wynn's PEPE long positions in another address were liquidated, with total losses exceeding $1.00 million.

On August 1st, Scallop announced that its protocol revenue has exceeded the $6.00M milestone. To celebrate this achievement, the team will airdrop $200,000.00 worth of $SCA to the community. Users holding at least 5,000 veSCA can participate in the distribution. The snapshot time is 8:00 (GMT+8) on August 3, 2025. [Techflow]

Spot Ethereum exchange-traded funds reported their 20th consecutive day of net inflows on Thursday, marking their longest positive flow streak since launch. Yesterday, the spot ether ETFs saw a total daily net inflow of $17.00 million, according to data from SoSoValue. BlackRock's ETHA led net inflows with $18.20 million, followed by $5.62 million moving into Fidelity's FETH. This was countered by $6.80 million in net outflows from Grayscale's ETHE. The latest 20-day run not only surpasses the previous 19-day streak from May 16 to June 12 in length but also in the amount of inflows. The previous streak brought in $1.37 billion, while this 20-day inflow run saw nearly $5.40 billion in total inflows. In the past three months, spot ETH ETFs only saw nine days of net outflows. With the consistent stream of net inflows, the ETH ETFs now hold $21.52 billion worth of total net assets, representing 4.77% of the total Ethereum market capitalization. Presto Research Analyst Min Jung previously explained that the market is currently undergoing a natural rotation from BTC to ETH, fueled by investors who feel like they have missed their opportunity to invest in BTC during its bull run above $123,000.00 last month. Reflecting this trend, spot Bitcoin ETFs experienced weakened inflows, posting net outflows of $114.83 million on Thursday. Meanwhile, U.S. issuers are ramping up efforts to launch spot ETFs based on altcoins outside of bitcoin and ether, such as Solana, XRP and Dogecoin. On Thursday, multiple issuers, including Grayscale, Franklin Templeton and Canary Capital, filed amendments to their spot Solana ETF S-1 registration statements to the SEC, indicating potential signs of advancement towards approval. Fuelling the momentum are continued positive signals from U.S. regulators. On Thursday, SEC Chair Paul Atkins declared that "most crypto assets are not securities," effectively abandoning the agency's earlier position that had deterred many issuers from introducing crypto-related products.

MicroStrategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities.

Gemini co-founder Tyler Winklevoss has questioned former U.S. President Trump's nomination of Brian Quintenz as Chairman of the Commodity Futures Trading Commission (CFTC). Winklevoss pointed out that Quintenz, as Head of Global Policy at a16z and a member of the Kalshi Board of Directors, has a conflict of interest and may attempt to obtain non-public information related to Kalshi's competitors within the CFTC. (The Block) [Odaily]

The crypto industry saw a spike in security incidents in July compared to the previous month, with outflows from hacks totaling $142.0 million, according to blockchain security firm PeckShield. PeckShield wrote on X today that the crypto sector experienced about 17 major hacking incidents in July. These breaches resulted in combined outflows totaling $142.0 million, representing a 27.2% increase from the $111.6 million in losses reported during June. Notably, five major security breaches accounted for the bulk of July's crypto theft. CoinDCX suffered the largest loss at $44.2 million, making it the month's most significant incident. The GMX protocol attack resulted in $42.0 million in stolen assets, though most of these funds were subsequently recovered. BigONE exchange reported losses of $28.0 million, while WOO X experienced a $12.0 million breach, according to PeckShield. Future Protocol rounded out the top five incidents with $4.2 million in stolen cryptocurrency. On July 19, CoinDCX, one of the largest crypto exchanges in India, fell victim to a $44.0 million exploit, following what company CEO Sumit Gupta initially described as a "sophisticated server breach" in a post on X at the time. Bengaluru police later revealed that cybercriminals had used fraudulent part-time job offers to trick a CoinDCX employee into downloading malware onto a company laptop. The hackers then used the compromised access to steal crypto assets. Meanwhile, decentralized perpetuals exchange GMX was hit by a $42.0 million exploit in early July. According to PeckShield, the attacker later returned approximately $40.5 million worth of crypto assets, including around 10,000 ETH and 10.5 million FRAX. [PeckShield]

ETH treasury reserve company SharpLink Gaming posted, "Our mission is to accumulate as much Ethereum as possible while ensuring maximum shareholder value. To maintain complete transparency, we not only report the number of shares issued or the amount of ETH held, but also track the amount of ETH contained within every 1,000 shares of equity. We call this 'ETH concentration,' which shows how much Ethereum backs every 1,000 shares of SBET stock. Since launching the ETH treasury strategy, the 'ETH concentration' has increased from approximately 2.00 to approximately 3.40, an increase of 70%." [Odaily]

Tether released its Q2 2025 business report last night, with the following key information:1. An audit report completed by independent accounting firm BDO confirmed that as of June 30, 2025, Tether's Financial Data and Reserve Report (FFRR) is accurate, with total assets of $162,574,933,798.00 and total liabilities (token issuance is regarded as a liability) of $157,108,009,474.00, with assets exceeding liabilities;2. In Q2 2025, Tether newly issued $13.40B USDT, and the total circulation of USDT exceeded 157B (an increase of 20B within the year);3.  As of the end of the second quarter, Tether's total exposure to U.S. Treasury bonds reached $127.00B (an increase of $8.00B from the first quarter), including $105.50B in direct holdings and $21.30B in indirect holdings, making Tether one of the world's largest U.S. Treasury bond holding institutions.4. The company's shareholder capital for managing reserves remained stable at approximately $5.47B (the same as the previous quarter), further consolidating Tether's solvency and long-term sustainability.5. Net profit for Q2 2025 reached $4.90B, with accumulated earnings of $5.70B in the first half of the year. Among them, recurring profit (excluding gains from gold and Bitcoin market value fluctuations) contributed $3.10B, and another $2.60B came from the increased valuation of gold and Bitcoin holdings. [Odaily]

Bitcoin staking protocol Solv Protocol has launched its flagship product, the BTC+ structured BTC yield vault, with a total quota of 400 BTC, which will open for subscription today. In addition, Solv will establish a $100,000.00 USD SOLV reward pool, distributing Boost rewards based on holding time, and waiving the 15.00% performance fee. [Foresight News]

On August 1st, according to DefiLlama data, BSC cross-chain bridge net inflows reached $900.00M, ranking first among all public chains. This was followed by Arbitrum and Avalanche, with net inflows of $163.00M and $158.00M, respectively. Ethereum and xDai had net outflows of $1.75B and $47.26M, respectively. [Techflow]

Bitcoin mining company Riot Platforms achieved a net income of $219.5 million in the second quarter of 2025, reversing a net loss of nearly $300 million in the first quarter. Year-to-date, Riot Platforms has a net loss of $76.90 million. Due to the increase in the global average network hash rate, the cost of mining a single Bitcoin increased by 93% compared to the same period last year.Riot Platforms mined 1,426 Bitcoins in the second quarter, with total holdings reaching 19,273 Bitcoins, ranking fourth among global listed companies. (The Block) [Odaily]

BitMart's "BM Discovery" section will list The Spirit of Gambling (TOKABU) at 12:30 PM (UTC+8) on August 1, with the TOKABU/USDT trading pair available. [Odaily]

BitMart's "BM Discovery" zone launched Unleash Jugs (JUGS) on August 1st at 12:00 (East Eight District Time), opening the JUGS/USDT trading pair. [Odaily]

According to the official announcement, Binance's spread adjustment for multiple USDⓈ-M perpetual contracts, originally scheduled for August 1, 2025, at 15:00 (Beijing time), will be postponed to August 4, 2025, at 15:00 (Beijing time). (This news was generated with AI assistance) [Odaily]

Week 31 of 2025 (July 25 - July 31): 1. According to cloverpool, the average Bitcoin network hashrate is 902 EH/s, with a high of 1004 EH/s and a low of 710 EH/s, a decrease of 1.48% compared to the average hashrate of the previous week (916 EH/s). 2. According to blockchain.com, the average price of Bitcoin is $118,171.00, with a high of $119,839.00 and a low of $115,500.00, a decrease of 0.19% compared to the average price of the previous week ($118,394.00). 3. Mining news worth noting includes: (1) Can Gu CEO Paul revealed in an exclusive interview that the company will develop in the direction of green electricity and HPC in the future. (2) Mining company Argo Blockchain received a delisting notice from Nasdaq due to its low stock price; (3) Bitdeer disclosed that it produced 63.1 BTC in the past week, and its total Bitcoin holdings increased to 1,637.8 BTC; (4) Privacy coin Monero is facing a situation where its network may be taken over by the mining pool Qubic. Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG). [Odaily]

According to Phoenix News, CoinShares Solana Staking ETF is registered in Delaware. [Foresight News]