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Bloomberg senior ETF analyst Eric Balchunas commented on the Coldcard wallet security incident, saying, "I just learned that the Coldcard team has only 5 employees. For such an important company, this number is really too low. Would you be willing to use a bank with only 5 people working to store your life savings? Maybe this is a feature in the cryptocurrency space, but to me, this is clearly a warning signal."Balchunas further stated that, in contrast, institutions like Coinbase and Ledger, which have larger teams, may have advantages in security investment and operational capabilities, even if users have to bear higher transaction costs. A Bitcoin ETF offers another option: investors can obtain security guarantees provided by large, professional, regulated financial institutions while enjoying lower management fees.

According to Jinshi reports, U.S. President Trump stated, "America is ready to confront Iran; the level of military deterrence, strength, and power has not been seen since World War II.Nevertheless, we have just received requests from Iran and other Middle Eastern countries asking us to postpone any attacks, as a framework for an agreement has been reached. This will include the immediate, complete, and thorough opening of the Strait of Hormuz, as well as the end of Iran's nuclear threat.Based on this request, I agree to cancel the attack for the future interests of the world and the survival of a successful and prosperous Iran, provided that an agreement can be reached quickly. The State of Israel is committed to this with me. Everyone should take action and get this done."

According to Jinshi, the U.S. Department of Defense's emergency funding request of $67 billion for this fiscal year includes more than $10 billion for the purchase of "Patriot" missiles and the "THAAD" missile defense system. Among them, $5.75 billion is allocated for the procurement of "THAAD" missiles, and $5.57 billion for the additional purchase of "Patriot" missiles. In addition, the procurement list also includes $1.9 billion for "Standard-6" missiles and $1.3 billion for "Tomahawk" cruise missiles, as well as $692 million for the procurement of "precision strike missiles." With the U.S. military's operations in the Middle East, concerns have been raised about the status of weapon inventories.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian army has taken control of Svitly and Novosych in eastern Ukraine. Ukrainian President Zelensky mentioned that there are reports indicating Russia plans to launch a large-scale attack and has requested Trump to provide 300 "Patriot" interceptors before winter.The Ukrainian Armed Forces reported that multiple Russian facilities were attacked, including the Ryazan oil refinery and the Black Sea Fleet's ship base. An advisor from the Ministry of Internal Affairs pointed out that Russia is launching a large-scale attack on Ukraine, and cruise missiles are expected to be imminent.

According to Jinshi reports, Ukrainian President Zelensky requested Trump to provide 300 Patriot interceptor systems before winter. Zelensky stated that a U.S. envoy may visit Kyiv within the next two weeks.

Binance UAE has adopted a policy to transfer most requests from foreign law enforcement agencies to the UAE and judicial assistance treaty process, resulting in slower access to user data.European investigators and U.S. prosecutors have stated that the relevant changes make it more difficult to track down fraudsters, combat money laundering, and quickly freeze or seize assets. Binance will still respond directly to cases involving child sexual abuse, terrorism, or imminent threats to life.Binance stated that it has not reduced cooperation with regulatory and law enforcement agencies and defined the new process as a stronger safeguard that meets regulatory standards. The company's compliance operations continue to face ongoing scrutiny.

According to The Block, the National Football League (NFL) sent a letter to CFTC Chairman Michael Selig on July 27, responding to the recent draft regulatory framework for prediction markets released by the CFTC, requesting enhancements in several key areas. The NFL emphasized in the letter that protecting the integrity of the game is its top priority and called on the CFTC to tighten the definition of high-risk contracts that are susceptible to manipulation, rely on referee discretion, or have outcomes that can be known in advance.In addition, the NFL expressed objections to the 10-day pre-approval window being too short, requested clarification on the insider trading ban, established a mandatory "league-exclusive prohibited bettors" list, and reiterated previous consumer protection recommendations such as banning margin trading, limiting advertising, and setting a 21-year age threshold.

According to monitoring by Catcher Predict, in the predicted market event "LoL: FlyQuest vs LYON - LCS Regular Season" on Polymarket, the "Yes" option win rate for the sub-market "Both teams kill a dragon" has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

U.S. Congressman Ritchie Torres has requested the U.S. Securities and Exchange Commission (SEC) to investigate whether the upcoming Truth API from Truth Social's parent company Trump Media & Technology Group (TMTG) violates federal securities laws, and to assess whether it involves issues such as market manipulation, investor protection, and conflicts of interest.According to previous reports, the Truth API will launch on August 1, providing paying customers with real-time data access to public posts from popular Truth Social accounts, with authorization fees reaching up to $100,000 per month.

OneKey founder Wang Yishi (@ohyishi) posted on the X platform to remind that, in addition to screenshots possibly being recorded, third-party input methods may also continuously read the user's clipboard content. These actions could lead to the leakage of sensitive information such as mnemonic phrases.Several netizens subsequently commented that after opening Pinduoduo without saving images or only copying relevant content, the platform's recommendation page displayed product information highly related to the previous screen content or clipboard content, raising doubts about the app's behavior of reading the screen or clipboard.However, the related claims currently mainly come from user tests and feedback on social platforms, and there has not yet been an official public response from Pinduoduo.

According to a report by Reuters, the French National Gaming Authority (ANJ) has stated that it has requested French internet service providers to block the prediction market platform Polymarket, citing that it promotes illegal betting services, which may lead to significant losses for users, and that some bets may be subject to manipulation risks.Polymarket will remain blocked until it complies with French betting regulations.

On-chain detective ZachXBT updated on X that an entity initially funded by the LAB team deposited 18.4 million LAB into Aster, approximately 18.3 million USD, and sold it on the DEX spot market, causing the LAB price to drop again by 54%, from 1.2 USD to 0.55 USD.ZachXBT stated that this entity transferred LAB to 3 Aster deposit addresses between July 10 and 11, and currently holds about 81.5 million LAB. He added that the entity received over 196 million LAB from the LAB team in April 2026, subsequently transferred to a Bitget address, and withdrew from Bitget to 10 addresses between May 11 and 12.ZachXBT has previously questioned the existence of market manipulation and insider supply issues with LAB, claiming that one of the multi-signers from the LAB team had financial ties to addresses related to RIVER manipulation, and pointed out that nearly 226 million LAB was deposited into Bitget between March and April.

According to Bloomberg, the crypto bank Custodia Bank has submitted a petition to the U.S. Supreme Court, requesting a review of its case regarding "being unlawfully denied access to the Federal Reserve payment system." Custodia applied for a master account access with the Kansas City Fed in 2020, but the Federal Reserve denied it in 2023 on the grounds that its "business model focuses on activities related to crypto assets."Custodia filed a lawsuit, but the Tenth Circuit Court of Appeals upheld the Federal Reserve's decision. In the petition, Custodia stated that the case raises "extremely important questions"—whether regional Federal Reserve banks can veto state bank charter decisions by denying access to central bank payment services.Custodia founder and CEO Caitlin Long stated that Wyoming has created a crypto-friendly environment through dozens of laws, but the Kansas City Fed chair "disagrees with Wyoming's policy choices." The Supreme Court will decide whether to hear the case after the October recess.

According to Bitcoin.com, a U.S. federal court has rejected CoinFlip and Private IT Corporation's request for an emergency temporary restraining order against the cryptocurrency ATM ban in Tennessee, which took effect on July 1. The court found that the plaintiffs failed to meet the legal standards for an emergency injunction, stating that although the businesses demonstrated they would suffer economic losses, it was not sufficient to outweigh the public interest represented by the state legislation.Tennessee Attorney General Jonathan Skrmetti stated that cryptocurrency ATMs are "tools for scammers targeting vulnerable residents, rarely used in any scenario approaching a legitimate purpose." The law classifies the installation or operation of cryptocurrency ATMs as a Class A misdemeanor. Tennessee, Indiana, and Vermont have fully banned cryptocurrency ATMs, Delaware is considering a similar ban, and North Carolina and Virginia have enacted stricter regulations. The constitutional challenge in the case will continue to progress, and the final ruling will determine whether the ban can be sustained in the long term.

Economist and gold supporter Peter Schiff posted on the X platform, stating that the market generally believes it is "almost impossible" for Bitcoin to drop to $20,000, but this judgment lacks basis.Bitcoin fell below the $20,000 level about 3.5 years ago, which is not too long ago, so the possibility of returning to that price range cannot be ruled out. Significant pullbacks in assets over a short period are not uncommon in financial markets.

According to Jinshi, the U.S. Supreme Court declined to review the constitutionality of a now-repealed policy of the U.S. Securities and Exchange Commission (SEC).The policy previously required individuals and companies that reached enforcement settlements with the SEC not to publicly criticize or question the allegations made by this Wall Street regulatory agency. The U.S. Supreme Court justices did not provide any explanation on Monday when they rejected the challenge regarding whether the SEC's so-called "gag order" infringed on individual constitutional rights.

Bitget launches the "TradFi 100 Questions for Popular Science" long-term investor education program, breaking down the traditional financial knowledge system into 100 core questions, covering six major modules: financial basics, asset encyclopedia, market mechanisms, macroeconomics, risk management, and the evolution of multi-asset trading.The course uses structured content and weekly updated educational materials as a medium, focusing on analyzing the driving logic behind stocks, commodities, interest rates, and capital flows, helping traders establish an investment framework across asset classes.Bitget CEO Gracy Chen stated that as the connections between financial markets deepen, crypto investors need to pay attention to factors such as interest rates, inflation, stocks, commodities, and global liquidity.The "TradFi 100 Questions for Popular Science" aims to lower the understanding threshold of traditional financial knowledge, helping users adapt to a multi-asset investment environment where traditional assets and digital assets converge.

IBM CEO Arvind Krishna recently expressed serious doubts about the massive capital expenditures by competitors in the pursuit of Artificial General Intelligence (AGI) during an interview. Krishna estimates that the current cost of building a 1-gigawatt data center is about $80 billion; if the entire industry deploys 100 gigawatts of computing power to achieve AGI, total capital expenditures could reach $8 trillion. He pointed out that this means companies would need to generate $800 billion in profit just to cover interest, making it fundamentally impossible to achieve a return on investment from a business logic perspective.Additionally, Krishna believes that the probability of achieving AGI relying on currently known large language model (LLM) technology is extremely low (only 0% to 1%), unless there are fundamental technological breakthroughs in integrating knowledge with LLMs. Despite his pessimistic view on the short-term realization of AGI, he still acknowledges that generative AI will unleash trillions of dollars in productivity value for enterprises.

Terence Duffy, the outgoing CEO of the CME Group, stated that the company will sue the Commodity Futures Trading Commission (CFTC) on Thursday because the latter approved the prediction market platform Kalshi to launch Bitcoin perpetual futures products.