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According to Binance spot market data, the market has experienced significant fluctuations. Multiple tokens have shown a "sharp rise and fall" status, with BANK dropping 22.01% in 24 hours, OGN down 13.2%, DEXE down 11.21%, and PORTO down 11.64%.Meanwhile, HYPER reached a new high today, with an increase of 7.38%. Other tokens such as LAZIO and HEI saw slight increases within 5 minutes, rising 3.7% and 3.43% respectively.

According to monitoring by Bitcoin News, Galaxy has identified a third wave of COLDCARD attacks, with estimated losses now exceeding 88 million dollars.If users still hold funds in any model of ColdCard after 2020, it is recommended to transfer BTC immediately.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: GIANTX vs SK Gaming (BO3) - LEC Regular Season," the "GIANTX" option in the sub-market "Game 2 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 59.5% an hour ago to the current 87.05% (a fluctuation of 27.55%). Please note the impact of related breaking news.

According to Coinglass data, if ETH falls below $1,776, the cumulative long liquidation intensity on mainstream CEX will reach $681 million. Conversely, if ETH breaks above $1,951, the cumulative short liquidation intensity on mainstream CEX will reach $665 million.

Strive Vice President Joe Burnett posted on platform X that the recent weeks may be among the worst in Bitcoin's history. Many people purchased recognized hardware wallets, generated mnemonic phrases offline, and followed established best practices, yet still lost a significant amount of Bitcoin due to a vulnerability affecting COLDCARD wallet that generated mnemonic phrases since March 2021 and beyond. This vulnerability went undetected for over 5 years.Joe Burnett stated that this will permanently change people's confidence in self-custody. Self-custody will still exist, but it has been permanently altered. For those who wish to directly control a large amount of Bitcoin, the standard should be multi-vendor multi-signature, with keys generated independently using different hardware and different software, and stored in different physical locations. If this approach is unacceptable, then institutional-grade custodians should be used.Joe Burnett mentioned that the current wave of Bitcoin adoption is happening through ETFs, treasury companies, and institutional custodians, primarily from individuals who unintentionally become experts in private key generation, hardware security, firmware, backups, inheritance planning, and physical storage. A single key generated by one hardware wallet protecting a large amount of Bitcoin poses excessive concentration risk.Joe Burnett also stated that institutional custody may ultimately lead to excessive Bitcoin concentration in the hands of large companies, resulting in risks of censorship, seizure, and confiscation. However, Bitcoin's portability and settlement attributes provide a crucial counterbalance, allowing users to create wallets and request custodians to send Bitcoin, transitioning from counterparty risk to direct ownership within minutes.Joe Burnett believes that as long as Bitcoin itself remains secure, the failure of any particular custody method does not negate the underlying monetary system, but rather forces the market to develop better tools, stronger standards, and more resilient custody frameworks. This week may ultimately mark the end of an era for Bitcoin custody and the beginning of the next wave of Bitcoin adoption.

According to Lookonchain monitoring, address 0x9a96 opened a leveraged long position of 16.73 million FARTCOIN with 2x leverage, with a position value of approximately 2.16 million USD.In addition, the trader has also placed a buy order to purchase another 18.04 million FARTCOIN, valued at approximately 531,000 USD.

According to Hongxing News, Hu Xiaowei, a core figure of the Prince Group, left Japan on July 29 and was deported to the United States. The Federal Bureau of Investigation (FBI) has contacted him, and subsequent investigations will be conducted in the United States.The report states that Hu Xiaowei previously used a Cypriot passport in Japan and operated under the name "Hu Shi." In June of this year, he was arrested by Japanese police for allegedly violating Japan's Immigration Control and Refugee Recognition Act. On July 24, the Japanese prosecution filed a summary indictment against him and imposed a fine equivalent to approximately 100,000 yuan.Public information shows that Hu Xiaowei has also operated under names such as Hu Yanming and Hu Shi. The report indicates that relevant agencies believe these identities belong to the same person.

According to Onchain Lens monitoring, a certain whale has accumulated 266,400 LINK from Binance over the past month, worth approximately 2.15 million USD, and then transferred the entire balance to a Gnosis Safe multi-signature wallet.

According to Coinglass data, the cumulative net inflow to CEX in the past 7 days was 4701.35 BTC, with the top three CEX by inflow as follows: Coinbase Pro with an inflow of 3540.44 BTC; Binance with an inflow of 577.64 BTC; Bitfinex with an inflow of 458.92 BTC.

According to a report by Hong Kong 01, "Fun Coffee," which claims to be rooted in Vietnam, just entered Hong Kong at the end of 2025 and was warned by the Hong Kong Securities and Futures Commission in July 2026 for being a suspicious investment product. The company appears to be investing in the coffee business, but in reality, it is a virtual currency investment scam with annual interest rates as high as 222%, ultimately "collapsing" at the end of July.The victim group has over 370 people, with each person defrauded of hundreds of thousands of dollars. Multiple investment groups combined have a total of 4,000 people involved, with funds exceeding 1 billion Hong Kong dollars. A middle-aged woman in her 50s claims that she unknowingly became a shareholder and director of one of Fun Coffee's Hong Kong registered companies, and she has over a hundred "downlines." After being contacted by reporters, she has gone to the police to report the case. The police have received 115 reports, which have been handed over to the Commercial Crime Bureau's fraud investigation team for follow-up.The report states that Fun Coffee held a marathon event in Hong Kong at the end of last year, inviting artist Yuen Siu Cheung to host and distributing anti-fraud leaflets for promotion in various districts. The company's headquarters in Kowloon Bay and its storefront in Mong Kok are now empty, with notices of unpaid rent posted. The Securities and Futures Commission issued a warning on July 13, and the Vietnamese Ministry of Public Security also warned in May that it is suspected to be a Ponzi scheme.

According to Coinglass data, if ETH breaks through $1,957, the cumulative short liquidation intensity on major CEXs will reach $863 million. Conversely, if ETH falls below $1,775, the cumulative long liquidation intensity on major CEXs will reach $769 million.

According to Coinglass data, if BTC breaks through $66,134, the cumulative short liquidation intensity on major CEX will reach $1.382 billion. Conversely, if BTC falls below $59,959, the cumulative long liquidation intensity on major CEX will reach $1.138 billion.

Crypto analyst Murphy stated that the Bitcoin URPD (UTXO Realized Price Distribution) data shows that there are 890,000 coins concentrated at the $63,000 level and 710,000 coins at the $62,000 level, together accounting for about 8% of the circulating supply, which is significantly higher than usual.Murphy believes that this data is similar to the concentration seen just before the FTX incident in 2022. The high concentration increases Bitcoin's price sensitivity, making it prone to sharp fluctuations, ultimately leading to violent redistribution, which could be an important directional choice at the end of a bear market.In response, Jiang Zhuoer commented that if the CLARITY Act cannot be passed before Congress goes into recess, Bitcoin may complete its final drop to the bear market bottom.

According to CoinDesk, Bitfinex analysts released a report stating that derivative traders have largely been washed out during the Bitcoin sell-off at the end of June.Bitcoin fell below $58,000 on July 1, and since then, the average daily liquidation amount has remained well below this year's typical range of $400 million to $500 million, indicating that despite macro shocks, there is little forced selling pressure. The decline in the Bitcoin market is smaller than that of leveraged stock themes because the "fuel" for forced selling has been exhausted.Bitfinex analysts expect that investors will remain defensive ahead of next week's U.S. employment report (the next major macro catalyst after the Federal Reserve meeting).They believe that rather than worrying about a new round of forced liquidations, the more critical question is whether the inflow of spot Bitcoin ETF funds can return once the market has a clearer judgment on the Federal Reserve's path.The analysts wrote, "We believe that positions will remain defensive as long as the risk of Federal Reserve interest rate hikes persists. Whether institutional buyers are active or insensitive to prices is the signal that traders have yet to see."

According to Binance spot market data, the market has experienced significant fluctuations. SNXXB has dropped by 24.78% in 24 hours, while TUT has risen by 9.32% and reached a new high today.In addition, DEXE, ICX, VANRY, and AEVO have all shown a "high and then low" state, with declines of 10.59%, 7.76%, 7.76%, and 13.68%, respectively.At the same time, ATM also reached a new high today, with an increase of 5.07%.The remaining tokens SXT and BAND also reached new highs today, with increases of 6.95% and 10.78%, respectively.

According to token unlock data from the crypto asset data platform RootData, Immutable X (IMX) will unlock approximately 9.62 million tokens at 8:00 AM Beijing time on August 8, worth about 1.05 million USD.

According to Coinglass data, the Coinbase Bitcoin premium index has been in the negative premium range for 75 consecutive days (from May 19 to present), with the latest value at -0.0973%. Previously, this index was in the negative premium for 40 consecutive days from January 16 to February 24 this year, setting the record for the longest "continuous negative" period since the indicator was launched, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."Historical data shows that long-term negative premiums are often accompanied by the exit of institutional funds from the United States, and caution is needed regarding short-term pullback pressure.

According to CoinDesk, Jazzi Cooper, the head of RippleX products, stated on the X platform that the next version of the XRP Ledger, xrpld 3.3.0, will be released next week. This update will introduce five new features for validators: confidential MPT, batch transactions, permissioned delegation, fee delegation and reserves, and dynamic MPT.Among these, the amendments for batch transactions and permissioned delegation were previously withdrawn urgently due to serious vulnerabilities discovered by security researchers.She stated that the XRP Ledger is already capable of supporting tokenized assets on a large scale, and this upgrade will further promote the application of these assets in global transfer, trading, collateralization, and settlement scenarios.

According to News.bitcoin, MoneyFlip CEO Marcos Arturo Kleiman Tronllan was arrested for allegedly hiring a hitman. The investigation initially targeted currency exchange businesses near the US-Mexico border, suspecting that he used the business to evade the requirements of the Bank Secrecy Act and launder money through cross-border transactions (to clean drug trafficking proceeds).In February 2026, an undercover agent from the Department of Homeland Security contacted Kleiman, requesting to exchange dollars claimed to be from drug transactions into cryptocurrency. Kleiman exchanged approximately $750,000 into cryptocurrency and transferred it to the undercover wallet, charging a 10% fee. During discussions, Kleiman asked the undercover agent to help collect debts from a Mexican businessman and to commit murder, agreeing to pay $40,000 for kidnapping and murder. Kleiman paid a cash deposit of $5,000 in two installments; after the undercover agent presented forged "victim murder" photos and videos, he delivered an additional $5,000 in cash and approximately $25,000 USDT as final payment.