ll

According to official news, the total subscription amount for Gate GUSD has reached 217 million USD. The Gate GUSD current US Treasury product has been fully upgraded, allowing users holding GUSD to enjoy an annualized yield of 3.8%, with support for deposits and withdrawals at any time, and earnings distributed daily to the spot account or trading account. New users participating in the GUSD current US Treasury subscription can also enjoy a limited-time annualized yield of 100%. The GUSD current US Treasury supports subscriptions in USDT, USDC, and USD1, allowing users to obtain GUSD at a 1:1 exchange rate, and simultaneously enjoy the corresponding product earnings and GUSD current US Treasury earnings while participating in products like Launchpool and Pre-IPOs.In addition, Gate's 367th ANTFUN Launchpool is currently ongoing, where users can participate in staking using USDT, GUSD, or ANTFUN to share a reward of 3,756,574 ANTFUN. The current total amount of GUSD liquid staking is close to 50 million, with the GUSD pool APR at 4.09%. After adding the GUSD subscription earnings, the estimated combined APR reaches 7.89%. Additionally, the estimated annualized yield for the USDT pool liquid staking pool is 5.55%, and the estimated annualized yield for the ANTFUN exclusive staking pool is 87.20%.Gate has launched a no-loss quick redemption feature for GUSD. Users can redeem GUSD minted with USDT, USDC, or USD1 within the no-loss exit limit of the corresponding currency, enjoying real-time 1:1 crediting of the original currency without redemption fees, achieving a balance between earning income and flexible allocation of funds.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: BNK FEARX vs Gen.G - KeSPA Cup Group Stage," the "Yes" option for the sub-market "Both sides kill a dragon" has experienced a sharp fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to Tencent News "Frontline," a 26-year-old male employee of Hong Kong Central Wealth Management Services Limited misappropriated 50 million Hong Kong dollars as margin without authorization, using it to finance the purchase of a double long position in the Southern Eastern Ying Hynix ETF (07709.HK), resulting in a paper loss of up to 150 million Hong Kong dollars. The trader was arrested by the police on July 20 on suspicion of "theft," with the incident occurring from January 9 to July 20.Financial analysts in Hong Kong stated that the reason the 50 million principal turned into a 150 million loss was due to the combination of margin financing and the double leverage of the long ETF. This ETF surged to a historical high of 193.65 Hong Kong dollars at the end of June, driven by the storage chip concept, but then the semiconductor sector sharply corrected, falling to 52.58 Hong Kong dollars by July 20, a decline of over 72%. The police revealed that the relevant positions had not yet been forcibly liquidated, and the final loss would still fluctuate with the stock price. The incident was discovered during a recent audit of the company, which reported it to the police. Central Wealth Management is not a licensed company by the Securities and Futures Commission, and Central Wealth Securities stated that the involved personnel are not their employees and are unrelated to the incident, but after the event, some clients exhibited risk-averse withdrawals.

According to Cointelegraph, Singapore-based stablecoin payment company Triple-A confirmed that its financial wallet was accessed without authorization, with on-chain investigator Specter estimating the loss to be around $11.8 million.The company stated that customer funds are held in independent trust accounts and were not affected by this incident, with the related losses to be borne by the company's own financial reserves. Currently, Triple-A has restored all services and is working with cybersecurity experts, blockchain forensics agencies, and the Singapore Police Force to investigate and track the stolen assets.

According to Jinshi reports, BlueBay Chief Investment Officer Mark Dowding pointed out in a report that investors have reason to believe that Federal Reserve Chairman Waller will tend to make hawkish statements and do everything possible to consolidate his anti-inflation reputation, although he will not take any actual action at this time. This may further flatten the U.S. yield curve in the short term.Dowding also mentioned that given the continued deterioration of the U.S. fiscal situation and the rising expenditures of Trump in the Middle East conflict, these factors may lead to a steepening of the yield curve at some point in the future.

According to on-chain analyst Ai Yi's monitoring, a certain whale has withdrawn 120 WBTC from the exchange again in the past 2 hours, totaling approximately 7.8 million dollars.As of now, this whale has accumulated 59,400 ETH and 820 WBTC since July, with a total value of 156 million dollars. The average costs are approximately 1,742 dollars and 64,329 dollars, with an unrealized profit of 8.927 million dollars.

According to a chart released by independent analyst Markus Thielen, there is a clear divergence signal between Bitcoin's price and the Relative Strength Index (RSI). The RSI recently fell to the 30% oversold range, then rebounded to about 50%, while the BTC price also rose from near its low to about $64,645.It is noteworthy that the purple downward trend line in the chart indicates that since the peak in June 2025 (around $125,000), BTC has been in a downward channel, and the current price is still under pressure from this resistance line. Whether it can effectively break through will be key to judging the subsequent trend.

The Brazilian Federal Police are cracking down on a drug trafficking gang that has been laundering money through cryptocurrency in Operation Commodity. Since 2021, the gang has smuggled over 6.5 tons of cocaine to Europe via the Port of Rio de Janeiro, with the drugs hidden in shipments of coffee, cement, and mortar.The operation covered São Paulo, Minas Gerais, Santa Catarina, and Espírito Santo, with police executing 13 preventive arrests and 44 search and seizure warrants. The court ordered the seizure of assets and the freezing of up to 1 billion reais, approximately 196 million dollars. Police stated that the gang is linked to Primeiro Comando da Capital (PCC) and Comando Vermelho (CV), and laundered money through a luxury car dealership and shell companies in the Greater São Paulo area, with the dealership selling vehicles such as Ferrari, Porsche, Corvette, and Land Rover.The individuals involved used shell companies to issue invoices lacking supporting documents, bringing drug trafficking proceeds into the Brazilian financial system and using cryptocurrency to conceal transactions. The suspects will be held accountable for charges including transnational organized crime, international drug trafficking, and money laundering.

According to Jinshi News, Changxin Technology has landed on the Sci-Tech Innovation Board, with an intraday increase of over 530%, a market value of 3.61 trillion yuan, ranking first in A-shares, surpassing the market value of Intel in the US stock market, which closed at 46.56 billion USD (approximately 315 million yuan) on July 24. Currently, Changxin is up 526%, priced at 54.4 yuan, with a transaction volume exceeding 120 billion yuan.

According to Bloomberg, CME Group will launch single stock futures covering over 50 U.S. companies, including Nvidia and SpaceX, on July 27. The contracts will be cash-settled based on the closing price of the underlying stocks, trading 5 days a week for 23 hours each day. CME has partnered with over 35 retail brokers and plans to promote the product to institutional investors.

According to SoSoValue data, during the last trading days (Eastern Time July 20 to July 24), the net inflow for the XRP spot ETF was $8.1526 million. The XRP spot ETF with the highest net inflow last week was the Franklin Templeton ETF XRPZ, with a weekly net inflow of $5.6617 million, and the historical total net inflow for XRPZ has reached $421 million.The second was the Bitwise ETF XRP, with a weekly net inflow of $2.4909 million, and the historical total net inflow for XRP has reached $501 million. As of the time of writing, the total net asset value of the XRP spot ETF is $999.7 million, and the ETF net asset ratio (market value compared to the total market value of XRP) is 1.46%, with a historical cumulative net inflow of $1.49 billion.

According to SoSoValue data, during the last trading days (Eastern Time from July 20 to July 24), the net inflow of the SOL spot ETF was $7.2 million.The SOL spot ETF with the highest net inflow last week was the Bitwise ETF BSOL, with a weekly net inflow of $8.4745 million, bringing the historical total net inflow of BSOL to $908 million. The SOL spot ETF with the highest net outflow last week was the Fidelity Solana Fund ETF FSOL, with a weekly net outflow of $686,600, and the historical total net inflow of FSOL currently stands at $196 million; followed by the Grayscale Solana Trust GSOL, with a weekly net outflow of $585,500, and the historical total net inflow of FSOL currently stands at $108 million.As of the time of writing, the total net asset value of the SOL spot ETF is $865 million, with an ETF net asset ratio (market value compared to the total market value of SOL) reaching 2.01%, and the historical cumulative net inflow has reached $1.14 billion.

According to SoSoValue data, during the last trading days (Eastern Time from July 20 to July 24), the net inflow for Ethereum spot ETFs was $104 million.The Ethereum spot ETF with the highest net inflow last week was Blackrock ETF ETHA, with a weekly net inflow of $96.3044 million, bringing the historical total net inflow for ETHA to $11.41 billion. The second was Grayscale Ethereum Trust ETH, with a weekly net inflow of $9.9362 million, currently having a historical total net inflow of $1.81 billion. The Ethereum spot ETF with the highest net outflow last week was Fidelity ETF FETH, with a weekly net outflow of $6.1804 million, currently having a historical total net inflow of $2.12 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.17 billion, with an ETF net asset ratio (market value compared to the total market value of Ethereum) of 4.53%, and the historical cumulative net inflow has reached $11.18 billion.

According to SoSoValue data, during the last trading days (Eastern Time from July 20 to July 24), Bitcoin spot ETFs had a net inflow of 33.79 million USD. The Bitcoin spot ETF with the highest net inflow last week was Grayscale Bitcoin Trust BTC, with a weekly net inflow of 85.78 million USD, bringing the total historical net inflow for BTC to 2.65 billion USD.The second highest was Ark & 21 Shares ETF ARKB, with a weekly net inflow of 78.73 million USD, currently bringing the total historical net inflow for ARKB to 1.33 billion USD. The Bitcoin spot ETF with the highest net outflow last week was Blackrock ETF IBIT, with a weekly net outflow of 95.90 million USD, currently bringing the total historical net inflow for IBIT to 60.39 billion USD.As of the time of writing, the total net asset value of Bitcoin spot ETFs is 77.82 billion USD, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.05%, and the historical cumulative net inflow has reached 51.39 billion USD.

Leading DRAM manufacturer Changxin Technology (688825.SH) today made its debut on the Sci-Tech Innovation Board, with the intraday increase continuing to expand. As of the time of writing, the stock price is 54.35 yuan, up 527.60% from the issue price of 8.66 yuan, with a transaction amount reaching 117.284 billion yuan, a turnover rate exceeding 56%, and a total market value of approximately 3.63 trillion yuan, firmly maintaining the top position in A-shares. The opening price of the stock was 49.50 yuan, with an intraday low of 38.11 yuan, and the current dynamic price-to-earnings ratio is about 36.70 times.

According to data compiled by CertiK Skynet, in the past week, the supply of USDD on the TRON network has significantly increased by approximately $145 million, bringing the total scale to over $1.23 billion, accounting for about 81.6% of the total USDD supply on the network. As of now, the total supply of USDD is $1.55 billion, with a TVL exceeding $2.33 billion.Recently, with the hot development of TRON DeFi Summer, the liquidity in the TRON ecosystem has shown explosive growth, among which the TVL of USDD on JustLend has surpassed $450 million. The official Chinese account of USDD stated, "The growth of USDD on TRON is unstoppable." This round of growth further consolidates its leading position in the TRON ecosystem and its top position in the entire stablecoin sector.

American fast food chain Steak n Shake tweeted that Bitcoin payments will be counted towards its Bitcoin strategic reserves."Compared to credit cards, the savings on processing fees allow us to reinvest the funds into improving the quality of our products and services. The loyalty of Bitcoin users is unparalleled."

According to token unlocking data from the Crypto asset data platform RootData, Cheelee (CHEEL) will unlock approximately 6.42 million tokens at 8:00 AM Beijing time on August 3, worth about 2.32 million USD.

According to Jinshi reports, the Korea Customs Service stated on Monday that it seized illegal foreign exchange transactions worth 72 trillion won (approximately 4.92 billion USD) in the first half of the year. The service reported that from January to June this year, a total of 792 cases of illegal foreign exchange transactions were detected, involving illegal transfers of foreign exchange abroad, concealment of overseas assets, and other illegal activities. Some cases involved export companies receiving export payments in cryptocurrencies instead of legal currencies like the US dollar.Customs Service Commissioner Lee Jong-wook stated that they will strengthen cooperation with relevant departments such as the Ministry of Strategy and Finance to address the risks posed by fluctuations in the foreign exchange market.