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According to the New York Post, a blockchain entrepreneur is accused of embezzling over $5 million from his own company and deleted 194 expense records before suddenly resigning.57-year-old Dionysios "Dean" Karakitsos is accused of draining Bitquery Inc. (a company that tracks cryptocurrency values and fund flows). A related lawsuit has been filed in Manhattan Supreme Court.Karakitsos is a co-founder of the company and served as CEO, director, and financial officer until 2025. He is accused of continuously transferring company funds into his personal accounts over the years. Karakitsos later operated a prediction market platform called Assymetrix.Bitquery filed a lawsuit in June seeking the return of at least $5 million allegedly stolen. The company stated that it is seeking additional compensation to cover legal fees.

Michael Saylor posted on the X platform stating that BIP-110 signaling was voluntary before block 961,632. From block 961,632 to 963,647, its software will reject every block that does not signal.Any "100% signaling" displayed during this window reflects this rule, rather than voluntary support from miners or Bitcoin consensus.

A photo taken by Reuters shows U.S. Treasury Secretary Janet Yellen attending a cabinet meeting with President Trump at Camp David on Friday local time, where a "to-do list" on her notepad was exposed, stating "Buy yen 5-10 billion."The photo was taken during a media-accessible portion of the meeting, at 11:33 AM Eastern Time (11:33 PM Beijing Time). Yellen's name tag was conveniently located at the top of the notepad, clearly visible. A spokesperson for the U.S. Treasury Department did not respond to requests for comments regarding the contents of the notepad or whether intervention measures had been taken on Friday.According to the Financial Times, the U.S. Treasury intervened in the yen exchange rate on Friday local time, marking the first joint effort by the U.S. and Japan in nearly 30 years to support the yen through direct purchase operations. Three informed sources revealed that the New York Fed executed an unusual operation on behalf of the Treasury—selling euros to buy yen, with two of the sources stating that the transactions were completed through Goldman Sachs and Morgan Stanley.Prior to the action, the U.S. Treasury had informed several Wall Street banks that it was considering intervening in the yen. The last time the U.S. Treasury intervened in the yen was back in 2011, but at that time, the direction was to sell yen.

According to Jinshi, U.S. President Trump praised Nvidia (NVDA.O), calling it a leader in technological innovation and emphasizing the company's important contributions to advancing artificial intelligence and graphics processing technology.

According to Gate market data, the Philadelphia Semiconductor Index nearly erased its intraday gains, which had previously risen by about 5%. SanDisk (SNDK.O) fell by about 7%, Micron Technology (MU.O) dropped over 4%, and SK Hynix (SKHY.O) declined over 2%. The Nasdaq Composite Index is currently down about 0.2%.

According to monitoring by Lookonchain, Changxin Storage has now entered its 5th trading day, with the price rising above 8 dollars, currently favoring the bulls in the long-short battle.A certain whale has shorted 2.9 million Changxin Storage shares, worth 23.54 million dollars, currently facing a loss of 4.67 million dollars and has paid 1.42 million dollars in funding fees; another whale has gone long on 1.63 million Changxin Storage shares, worth 13.27 million dollars, currently making a profit of 2.46 million dollars and has received 823,000 dollars in funding fees.

According to Cointelegraph, the Ontario Securities Commission (OSC) investigation shows that the cryptocurrency ownership rate in Canada has risen from 10% in 2023 to 25% in 2026. The survey was conducted from December 2025 to January 2026 with 2,360 respondents aged 18 and older, finding that 59% of respondents are aware of crypto assets, and 25% own crypto assets.The survey also indicated that investors' risk awareness has increased, but industry awareness remains limited—about 50% of holders check whether a platform is registered before using it, but many investors have misunderstandings about regulation, insurance protection, and trading capabilities. The Canadian federal government proposed a bill in April to ban political donations in crypto assets and crypto ATMs.

According to Jinshi reports, South Korea's foreign exchange authorities conducted a rare dollar-selling intervention on Thursday.

According to Bloomberg, the Internal Revenue Service (IRS) has warned cryptocurrency holders that scammers are contacting some taxpayers by mailing fake letters in an attempt to steal their digital assets or personal data. The IRS stated that these letters may ask taxpayers to register for a so-called "Digital Asset Compliance Portal," which does not exist. The IRS also reminds users not to scan suspicious QR codes and not to answer or cooperate with calls requesting payment.While phishing and digital scams are not new in the cryptocurrency industry, sending fake IRS notices through physical mail seems to be a new scam tactic. Since the IRS has indeed sent letters related to digital assets to taxpayers in the past, and last year saw a surge in cryptocurrency tax filing notifications, many taxpayers are confused, which may lead scammers to exploit this familiarity for disguise. As the U.S. tax system requires taxpayers to disclose cryptocurrency activities on their tax returns, communication between the IRS and cryptocurrency holders has become more common. This also makes counterfeit tax notices more misleading. For cryptocurrency users, encountering "IRS letters" involving portal registration, QR code scanning, wallet connections, or payment requests should be treated with caution, and verification should be done through official channels.

According to the Korea Herald, the Korea Exchange conducted an internal review on July 29 regarding the technical feasibility and system requirements for a temporary ban on short selling and narrowing the price limit (currently at 30%) to address the recent severe fluctuations in the stock market. Sources familiar with the matter stated that "only technical feasibility was confirmed," and it was not a prerequisite for implementation, but rather a screening process during the review of available emergency measures.Recently, the South Korean stock market has continued to plummet, causing increasing damage to individual investors. During a meeting of the National Assembly's Administrative Committee, several lawmakers urged authorities to consider a temporary ban on short selling and to restart the Securities Market Stabilization Fund. A national petition to suspend short selling garnered over 10,000 signatures within two days of being made public. However, the ban on short selling conflicts with South Korea's goal of being included in the MSCI developed market index; a previous 17-month short selling ban from November 2023 to March 2025 had led to MSCI downgrading South Korea's market accessibility rating. The exchange's officials stated that they have not received any related requests from the government and have not formally discussed a short selling ban.

The U.S. District Court for the Eastern District of Wisconsin dismissed the CFTC's request for a preliminary injunction to prohibit Wisconsin from enforcing sports-related event contracts on platforms such as Kalshi, Coinbase, Robinhood, Polymarket, and Crypto.com. The court found that the CFTC failed to demonstrate a likelihood of success on its claim—that the Commodity Exchange Act (CEA) defines "swaps" to include sports event contracts—and that gambling regulation falls within the traditional police powers of the states, with federal law not clearly indicating an intent to preempt state law.Additionally, the court also denied the intervention requests from Kalshi, Crypto.com Derivatives North America (CDNA), and the American Gaming Association (AGA). The substantive litigation between the CFTC and the state of Wisconsin will continue to proceed.

According to Gate market data, from July to date, the equal-weighted Nasdaq 100 Index has underperformed the equal-weighted S&P 500 Index by 6.8 percentage points, marking the worst single-month relative performance on record.The equal-weighted S&P 500 Index has risen by 2.2% this month, while the equal-weighted Nasdaq 100 Index has fallen by 4.6%. Investors are cashing out of tech stocks at a record pace.

According to Jinshi reports, as the midterm elections approach, American Republicans are beginning to consider raising the debt ceiling again.

According to EmberCN monitoring, a week ago, Multicoin Capital transferred 395,000 HYPE (37 million USD) to Coinbase and then continued with more HYPE staking redemptions. 1.97 million HYPE (10.8 million USD) successfully exited staking after a 7-day unbonding period.The successfully redeemed HYPE includes 86,000 (4.78 million USD) that was transferred to Coinbase Prime 3 hours ago. It is worth noting that HYPE has dropped by 10% in the past week.

The Securities and Exchange Commission (SEC) of Thailand has filed a criminal complaint against the cryptocurrency exchange Bitkub Online and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, accusing them of submitting false financial reports between May and October 2021. The case has been handed over to the Economic Crime Suppression Division (ECD) of Thailand for investigation, and the prosecution will decide whether to formally charge them.The SEC stated that Bitkub suffered a cyber attack in May 2021, resulting in the theft of 16 types of digital assets, with losses exceeding $50 million. Regulatory investigations revealed that Bitkub did not reflect the relevant losses in its daily net capital report Form DA 1 from May 10 to October 30, 2021. The SEC alleged that the relevant executives made false statements in the company's official documents, leading regulators to believe that customer assets were intact and that the company had not suffered financial losses. Bitkub subsequently completed the acquisition of alternative assets in late October 2021, but the SEC believes that the reports during this period constituted false statements.In a statement on July 23, Bitkub asserted that existing customer holdings are secure and accounts are complete. Bitkub stated that its co-founders purchased alternative assets in the same quantity and currency to cover the losses and claimed that the cyber theft incident was reported to law enforcement on May 10, 2021.

According to a report released by CryptoQuant's research director Julio, the current open interest in cryptocurrency perpetual contracts is approximately $65 billion, down about 20% from the peak of around $80 billion in September 2025 and early 2026, reflecting some deleveraging rather than new capital inflows. The market is highly concentrated, with Binance dominating with about 39% market share, the top three platforms accounting for about 63%, and the top five making up about 81%, indicating that capital is highly concentrated in leading exchanges.The report states that, at the same time, TradFi perpetual contracts for metals, crude oil, and stocks have become a growth highlight. This 24-hour, round-the-clock product has doubled in scale to over $2 billion since the end of May, allowing crypto trading to compete directly with traditional trading venues, although its size currently accounts for only about 3% of the crypto perpetual market. TradFi perpetual contracts are also dominated by leading platforms, with Binance, Gate, and Bybit at the forefront, showing that platforms with mature infrastructure and liquidity are extending their advantages into traditional asset tracks.

According to official news, the decentralized exchange aggregator 1inch has officially launched the shared liquidity protocol Aqua for all users. Aqua allows users to support multiple liquidity positions simultaneously with just a token balance, without the need to deposit assets into a liquidity pool. The assets remain in the user's wallet, and only when a transaction is actually executed does the protocol call the corresponding tokens from the wallet through a single atomic transaction to complete the settlement, returning the received tokens and fees to the wallet.1inch stated that this new model, known as "shared liquidity," is expected to address current issues in DeFi liquidity, such as long-term idle liquidity, low capital utilization, and asset custody risks. The protocol was opened to developers last November and is now officially launched for all users, supporting 13 EVM-compatible chains including Ethereum, Arbitrum, Base, Robinhood Chain, and BNB Chain.1inch indicated that there are several structural issues with current DeFi liquidity. Although many protocols have a high total value locked (TVL), a large amount of liquidity remains in inactive price ranges for extended periods, failing to earn trading fee revenue while also bearing market volatility risks. Additionally, liquidity providers (LPs) typically need to split limited funds across different protocols, trading pairs, and price ranges, leading to decreased capital utilization. Furthermore, traditional models require users to deposit assets into liquidity pools, which not only loses other uses of the assets but also means relinquishing asset custody rights and facing risks such as JIT (Just-In-Time) liquidity bots seizing fees. Aqua enhances capital efficiency by registering wallet balances as a shared liquidity source, allowing the same asset to support multiple liquidity positions without transferring asset ownership; when the wallet balance is insufficient to cover a transaction, the protocol will not execute that transaction, thus keeping the user's actual risk always limited by the wallet holdings.

According to Gate market data, the Hong Kong stock market closed with the Hang Seng Index rising by 0.41% and the Technology Index rising by 0.61%. Lao Pu Gold (06181.HK) fell by more than 23.5%, Zhi Pu (02513.HK) fell by more than 18.5%, and MiniMax (00100.HK) fell by more than 14%.