币界网报道：A whale withdrew 5,180 ETH from Binance in the past 36 hours and deposited it into Aave V3 According to Onchain Lens, in the past 36 hours, a whale withdrew 5,180 ETH (worth $12.57 million) from Binance and deposited it into Aave V3 after 7 months of dormancy. XeggeX, an encrypted trading platform, announced that it will soon close and file for bankruptcy XeggeX, an encrypted trading platform, announced on its official website that due to the hacker attack in February and other recent problems, XeggeX will soon close and file for bankruptcy. More information and legal contact information will be announced soon. Across is accused of manipulating votes to withdraw $23 million from the DAO treasury for its private company Ogle, co-founder of GlueNet, posted on the X platform that the cross-chain protocol Across Protocol team is suspected of using secret voting to withdraw about $23 million from the Across DAO treasury for its private company Risk Labs. In October 2023, Kevin Chan, the head of the Across project, submitted a proposal to the DAO to transfer 100 million ACX tokens (currently worth about $15 million) to Risk Labs, claiming that this was a strategic investment in the future of Across Protocol and promising that the tokens would not be sold within two years. However, on-chain analysis shows that Kevin and his team members used multiple secret wallets to participate in the vote, creating the illusion of broad community support. Less than a year later, the team again made a "retroactive grant" request for 50 million $ACX (currently worth about $7.5 million). More worryingly, the team was accused of selling the token option agreement in the first proposal to "strategic investors" without disclosure, contrary to the original promise. Ogle believes that this move harms the interests of ACX holders and intensifies future selling pressure. He emphasized that DAO should prohibit insiders from voting on their own proposals, and conflicts of interest must be disclosed if voting is required. There are many chaos in the DAO field in the crypto field, and internal threats are great, and the industry urgently needs to strengthen governance. Grayscale updates Q3 Top 20 asset list: adds AVAX and MORPHO and removes LDO and OP Grayscale Research has updated its Q3 Top 20 asset list for 2025, adding AVAX and MORPHO to its top 20 assets, while removing LDO and OP. Galaxy and Manifold deposited a total of 30 million USDC with HyperLiquid and began to purchase HYPE According to Onchain Lens monitoring, two institutions, Galaxy and Manifold, deposited a total of 30 million USDC with HyperLiquid and began to purchase HYPE. Agora CEO questions Anchorage's rating report that "lists AUSD as a high-risk asset" Nick van Eck, CEO of stablecoin issuer Agora, questioned the "Stablecoin Security Rating Matrix" released by Anchorage Digital, which lists AUSD as a high-risk asset. van Eck accused Anchorage of bias in its ratings because of its commercial cooperation with stablecoin companies such as Paxos. Anchorage previously delisted AUSD and USDC on the grounds of "structural risk", but van Eck called it retaliation because Agora refused to use its paid service products. Anchorage responded that the rating was based entirely on publicly disclosed information, and the evaluation dimensions included reserve composition, bank partners and regulatory compliance. In its rating, PayPal's PYUSD and Paxos' USDP ranked first, followed by USDT, RLUSD, etc. Agora disclosed that its reserves were held by State Street Bank and VanEck served as an investment manager. An ETH staking whale/institution transferred 41,400 ETH to CEX in the past half month, with an estimated loss of US$28.8 million According to on-chain analyst Ember, an ETH staking whale/institution pledged 40,128 ETH in March last year and redeemed these ETH a month ago. Then in the past two weeks, a total of 41,400 ETH (worth US$100 million) was dispersed and transferred to multiple CEXs, mainly HTX. However, when they pledged last year, the price of ETH was around $3,227, and now the price of ETH is only $2,417. In other words, they pledged for more than a year and lost $28.8 million. A whale deposited 1,613 bitcoins worth $173 million to Binance According to Lookonchain monitoring, the whale 3NVeXm has just deposited 1,613 bitcoins (worth $173 million) to Binance. FBI undercover assisted in the capture of serial hacker IntelBroker by paying $250 in Bitcoin The Federal Bureau of Investigation (FBI) assisted in the capture of British citizen Kai West (also known as "IntelBroker"), who is suspected of serial hacking. West and his accomplices are suspected of selling data stolen from more than 40 victims, mainly using the privacy coin Monero. In January 2023, an undercover law enforcement officer offered West $250 in Bitcoin to purchase victim data, and West accepted the payment, a key move that allowed the police to track him down. Experts from blockchain forensics firm TRM Labs said the case highlights the progress of law enforcement agencies in the field of encryption, using traditional undercover methods for blockchain crime investigations. West was arrested in France in February this year and is awaiting extradition. He faces multiple charges. The FBI estimates that his hacking caused a total loss of about $25 million to the victims. Senior spokesperson for India's ruling party calls for the launch of a Bitcoin reserve pilot project According to Bitcoin NewsPradeep Bhandari, a senior spokesperson for India's ruling Bharatiya Janata Party (BJP), called on India to launch a pilot project for Bitcoin reserves, calling it a strategic move toward economic resilience. Ripple CTO: Multiple acquisitions are being promoted, and future upgrades to XRP Ledger will enhance "programmability" According to DL News, Ripple CTO David Schwartz revealed that the company is promoting multiple acquisitions, involving multiple stages from early to late stages. Schwartz pointed out that traditional financial institutions are currently lacking interest in mergers and acquisitions in the crypto field, creating a strategic acquisition window for Ripple. At the same time, the technical team is upgrading the XRP Ledger blockchain, planning to enhance "programmability" and launch a lending protocol, but will maintain its focus on payment features that distinguish it from general chains such as Ethereum. In April this year, the company acquired broker Hidden Road for $1.25 billion, and previously acquired custody companies Metaco ($250 million) and Standard Custody. Coinbase CEO: The company is buying more Bitcoin every week In response to Nakamoto founder David Bailey's suggestion that "Coinbase needs to build a proper Bitcoin vault", Coinbase CEO Brian Armstrong responded: "We are buying more Bitcoin every week." CoreWeave once again proposed to acquire Bitcoin mining company Core Scientific According to The Block, citing the Wall Street Journal, cloud computing company CoreWeave once again proposed to acquire Bitcoin mining company Core Scientific, and the transaction may be completed within a few weeks. This is CoreWeave's second attempt to acquire after its $1 billion ($5.75 per share) acquisition offer was rejected in June 2024. Influenced by this news, Core Scientific's stock price soared 28% on the same day, and its market value rose to approximately $3.6 billion. Core Scientific went public through a SPAC merger in January 2022, filed for bankruptcy protection in December of the same year due to the plunge in Bitcoin, and re-listed on Nasdaq after completing the reorganization last year. The two companies have previously signed a multi-year cooperation agreement, and Core Scientific will provide CoreWeave with approximately 200 megawatts of infrastructure to support its high-performance computing services. If this acquisition is successful, it will accelerate the integration of AI and cryptocurrency mining infrastructure. Chairman of the U.S. Senate Banking Committee: Crypto Market Structure Bill will be completed by September 30 Tim Scott, chairman of the U.S. Senate Banking Committee, told Bo Hines, a White House cryptocurrency adviser, that the Crypto Market Structure Bill will be completed by September 30. This timetable is later than President Trump's goal of completing it before the August congressional recess, but earlier than Senator Cynthia Lummis's previous prediction of completing it by the end of the year. Scott said at a press conference that "it is a realistic expectation to complete market structure legislation by the end of September", and Lummis supported this. White House Digital Asset Policy Advisor: The United States is working on building infrastructure for strategic Bitcoin reserves According to crypto journalist Eleanor Terrett, Bo Hines, a White House digital asset policy advisor, confirmed that the United States is working on building infrastructure for strategic Bitcoin reserves. He pointed out that although Trump's executive order issued in March this year did not force the Treasury Department to publish a report on the current U.S. government's holdings of Bitcoin (BTC), the U.S. government may choose to publish it publicly. He also added that the U.S. government is "very inclined" to increase its Bitcoin holdings in a budget-neutral way. Bakkt submits $1 billion shelf offering application to the US SEC, and may use proceeds to purchase cryptocurrencies such as Bitcoin Bakkt Holdings has submitted a $1 billion shelf offering application to the US Securities and Exchange Commission (SEC). The proceeds from this fundraising are expected to be used for working capital and general corporate purposes. Some funds may also be allocated to Bitcoin or other digital assets according to the updated investment policy. Note: Shelf issuance refers to the mechanism in which the issuer registers once and issues multiple times on the basis of the registration system for securities issuance. Dinari becomes the first platform in the United States approved to provide tokenized stocks According to Reuters, the US startup Dinari has obtained broker-dealer registration for its subsidiary, becoming the first tokenized equity platform approved to provide blockchain stock trading in the United States. Dinari will provide stock trading services to US investors through blockchain technology. Unlike traditional retail brokers, Dinari integrates its services into other companies' platforms and does not directly target end customers. Industry insiders believe that tokenized stocks are expected to reduce transaction costs, speed up settlement, and enable round-the-clock trading. Currently, companies such as Coinbase and Kraken are also actively exploring related businesses. However, the World Economic Forum pointed out that insufficient secondary market liquidity and the lack of global unified standards remain the main challenges facing this field. Coinbase Derivatives Exchange to Launch American Perpetual Contracts on July 21 According to the Coinbase blog, Coinbase Derivatives Exchange will launch American perpetual futures products on July 21, including nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) perpetual contracts. The contract is designed to emulate the functions of global perpetual contracts while complying with US regulatory standards. This product is a forward futures contract (expiring in 5 years), supports 24-hour uninterrupted trading, and introduces a funding rate mechanism to keep futures prices closely linked to the spot market. Funding costs are accumulated hourly and settled twice a day at a specified time. At the time of settlement, the accumulated funding costs will be uniformly transferred to or deducted from the trader's account. This is the first batch of such products in the US market, aiming to fill the gap in the local derivatives market Spark: SNAPS airdrop is now live, 5 million SPK tokens will be distributed to the first 500 participants Spark announced that the SNAPS airdrop is now live, and about 5 million SPK tokens will be distributed to the first 500 participants in the Spark SNAPS event. Users can check their qualifications and claim their rewards through the designated link. Paypal CEO: Creating real stablecoin use cases for customers Paypal (PYPL.O) CEO: Creating real stablecoin use cases for customers. Rodrigo Araújo joins Plasma as head of the protocol engineering team Rodrigo Araújo posted on X that he has joined the Plasma Foundation as head of the protocol engineering team. He said that although there are many interesting and exciting projects in the industry, he chose Plasma because he recognized its vision and potential to have a positive impact on the world. Rodrigo believes that the core application of blockchain should return to "capital flow", and the Plasma team is committed to building infrastructure and applications for global stablecoin payments, providing zero-fee USD₮ transfers, ultra-fast settlements, and custom Gas tokens. At present, the Plasma network has locked $1 billion in USD₮ liquidity, the public beta network is about to go online, and the main network beta version will be launched later. Taurus launches open source stablecoin privacy technology based on USDC Swiss crypto custody technology company Taurus has launched a stablecoin privacy layer based on zero-knowledge proof (ZKP), the first batch of USDC supporting Circle. The technology is based on the privacy-oriented Aztec Network development, which can realize encrypted transactions and balances, which can only be read by authorized parties such as issuers and regulators, effectively preventing unauthorized monitoring and user information leakage. Coinbase stock price rose 4%, Circle rose 12.5% US stock market shows: Coinbase (COIN.O) stock price rose 4%, breaking through $270, setting a record high since its listing in 2021. Circle (CRCL) rose 12.5% to $223 per share. Canadian banking regulator: ready to regulate stablecoins, regulatory framework is being developed Canadian banking regulator: ready to regulate stablecoins; regulatory framework is being developed. Kraken launches global multi-functional financial application Krak Cryptocurrency exchange Kraken has released a blockchain-driven global financial application Krak. The application supports users to make instant and low-cost transfers between 110 countries using more than 300 cryptocurrencies, stablecoins and fiat currencies, and can earn up to 10% on account balances. Kraken said that Krak aims to break down the barriers of traditional finance and simplify the cross-border transfer process without filling in bank information or wallet addresses. The US court dismissed the joint motion of the SEC and Ripple, and the case will continue to move forward According to Eleanor Terrett, citing court documents, Analisa Torres, a judge at the U.S. District Court for the Southern District of New York, ruled to dismiss the "indicative ruling" motion jointly filed by the U.S. Securities and Exchange Commission (SEC) and Ripple. The SEC previously requested the court to permanently injunct Ripple from violating securities laws and impose a significant fine, but the court did not accept it and ordered the termination of the motion, and the case will continue. Aqua 1 announced that it has strategically invested $100 million in WLFI governance tokens Web3 native fund Aqua 1 announced that it has strategically purchased $100 million in World Liberty Financial (WLFI) governance tokens to participate in the governance of the decentralized financial platform and accelerate the construction of the blockchain financial ecosystem. In addition, Aqua 1 also plans to set up Aqua Fund in the Middle East to promote regional digital economic transformation and jointly incubate RWA tokenization platform BlockRock with WLFI. YZi Labs invests in decentralized entertainment platform MEET48 to promote Web3 fan economy innovation YZi Labs announced that it has invested in decentralized entertainment platform MEET48 through the BNB chain MVB accelerator to support it in increasing fan engagement with the $IDOL token mechanism. MEET48 integrates virtual performances, idol management games and offline activities, aiming to reach more than 30 million Asian fans, and plans to hold a large-scale Web3 idol performance festival in Hong Kong on August 2. Israel estimates that the losses from this round of conflict with Iran are as high as $3 billion or even higher Israel estimates that the losses caused by the 12-day war with Iran amounted to 10 billion shekels (about $3 billion), including the funds needed to repair the attacked buildings and pay compensation to local businesses. Calculations released by the Israeli Ministry of Finance and tax authorities this week show that Iran broke through Israel's air defense system in nearly two weeks of rocket attacks. The amount does not include the cost of Israel replacing weapons and defense systems in this operation, and the total amount is likely to rise sharply after the assessment is completed. Finance Minister Bezalel Smotrich said the total losses could be as high as $12 billion. The Bank of Israel expects economic growth to be 3.5% this year, but this figure may be affected by the recent war. Brazil's central bank publicly solicits opinions on virtual asset accounting standards According to the official website of the Central Bank of Brazil, the Central Bank of Brazil recently issued a draft regulatory resolution and launched a public consultation on the accounting recognition, measurement, cancellation and disclosure standards of virtual assets and utility tokens of financial institutions. The initiative aims to improve the transparency, comparability and quality of relevant accounting information. The public can submit opinions and suggestions through the official website of the central bank or the government's "Participa + Brasil" platform before August 24, 2025. Huaxing Capital announced a $100 million investment in Web3.0 and cryptocurrency According to the announcement document of the Hong Kong Stock ExchangeThe board of directors of China Renaissance Capital Holdings has decided to enter the field of Web3.0 and cryptocurrency assets, and approved a total budget of US$100 million, which is planned to be used for the group's development of Web3.0 business and investment in cryptocurrency assets in the next two years. The announcement pointed out that the group will increase its investment in stablecoins, RWA (real world assets) and cryptocurrency ecosystems on the basis of its successful investment in Circle Internet Group and the IPOs and multiple rounds of financing of several cryptocurrency companies, and actively promote the application and upgrade of relevant business licenses. Galaxy completes its first external fundraising venture fund of US$175 million According to Fortune, crypto giant Galaxy announced the completion of its first venture capital fund raising, with a total of US$175 million, exceeding the original target of US$150 million. This fund is the first time Galaxy has introduced external capital, focusing on investing in the intersection of traditional finance and blockchain, such as stablecoins and decentralized finance. Galaxy has deployed approximately US$50 million in projects such as Monad and Ethena