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The People's Bank of China Shenzhen Branch, Shenzhen Securities Regulatory Bureau, Municipal Internet Information Office, and Municipal Local Financial Supervision Administration recently jointly carried out a special rectification of network information in the financial sector, announcing a number of typical cases involving illegal media accounts related to virtual currencies and illegal stock recommendations. Among them, multiple accounts were dealt with for illegally publishing marketing promotional information related to virtual currencies, including "USDT Merchant Group Chat," "Let's Play Virtual Currency Together," "Search Bitcoin," "WeChat Quick Exchange," "Zhongchain Old Nine," and others. These accounts are suspected of providing virtual currency business promotion to domestic users, inducing the public to participate in illegal financial activities related to virtual currencies.Officials stated that, in accordance with the policy requirements of the "Notice on Further Preventing and Dealing with Risks Related to Virtual Currencies and Other Related Issues," the aforementioned illegal accounts have been permanently closed by the platform in accordance with the law and agreements. Shenzhen stated that it will continue to strengthen the governance of online financial information, crack down on illegal activities such as virtual currency speculation and illegal stock recommendations, and maintain the order of the financial market.

According to monitoring by Lookonchain, a giant whale obtained 557,902 HYPE (worth 32.87 million USD) from FalconX and deposited it into Hyperliquid for staking.

According to token unlocking data from the Crypto asset data platform RootData, Audiera (BEAT) will unlock approximately 21.25 million tokens at 9:00 AM Beijing time on August 1, worth about 67.78 million USD.

According to token unlock data from the Crypto asset data platform RootData, EigenCloud (EIGEN) will unlock approximately 38.35 million tokens at 5:00 AM Beijing time on August 1, worth about 7.87 million USD.

According to token unlock data from the crypto asset data platform RootData, ZetaChain (ZETA) will unlock approximately 44.43 million tokens at 0:00 Beijing time on August 1, worth about 1.42 million USD.

Across Protocol released a post-incident report on the Relayer security event. The attacker exploited a vulnerability in the Risk Labs Solana off-chain event reading software to fabricate 1,627 false recharge events with a total face value of approximately $41.7 million.The report states that the Relayer completed 581 reimbursements before pausing Solana services, involving about $4.5 million of its own funds, while the remaining approximately $37 million in false recharges have all been rendered invalid.This incident did not involve any smart contract vulnerabilities, and all user transfers were completed or fully refunded on the same day. Across Protocol stated that the losses were limited to the capital of Risk Labs' own relayers, with a net loss of less than $4 million after deducting approximately $500,000 in attacker funds. Currently, Solana's order flow has been completely routed through CCTP, and the ACX token acquisition plan remains unaffected.

According to Specter monitoring, the stablecoin payment infrastructure Triple-A hot wallet is suspected to have been attacked, with over $9.3 million in funds stolen, exchanged, and cross-chained to Ethereum.

According to a report by the WSJ, The Boring Company, founded by Musk, is seeking new funding support, and the new round of financing will value the company at approximately $20 billion.The Boring Company was established in 2016 and primarily develops underground transportation tunnel technology aimed at alleviating urban traffic congestion. Currently, the company is operating the Vegas Loop project in Las Vegas, USA, and plans to expand its underground transportation network to more cities.

According to monitoring by BitcoinTreasuries.NET, Capital Group, an investment management company with a scale of $3.3 trillion, recently disclosed that its SMALLCAP World Fund has increased its holdings in the Bitcoin treasury company Strive ($ASST) by 481,772 shares (worth $5.52 million), and currently holds a total of 2.93 million shares (worth $33.62 million).

According to monitoring by Catcher Predict, in the predicted market event "Los Angeles Dodgers vs. New York Mets" on Polymarket, the option "Los Angeles Dodgers" in the sub-market "First 5 Innings Spread -1.5" experienced a dramatic fluctuation in winning probability, rising from 33% an hour ago to the current 49.5% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Colorado Rockies vs. Milwaukee Brewers" on Polymarket, the win probability for the "Colorado Rockies" option in the sub-market "Colorado Rockies vs. Milwaukee Brewers" has experienced significant fluctuations, soaring from 28.5% an hour ago to the current 71.5% (a fluctuation of 43%). Please note the impact of related breaking news.

According to CoinDesk, institutional crypto trading platform LMAX Group is working with Morgan Stanley and investment bank KBW to evaluate strategic options, considering possibilities including a sale, SPAC merger, and IPO on Nasdaq or in Europe, with a potential valuation of up to $5 billion. Insiders say the company is not in a hurry to go public, as its foreign exchange business supports the weak crypto market.LMAX has accelerated its expansion in recent years, launching a 24/7 multi-asset exchange that supports foreign exchange, digital assets, commodities, and tokenized securities, and received a $150 million strategic investment from Ripple in January this year to promote institutional adoption of the RLUSD stablecoin through its trading and settlement network.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Hamburg European Open: Maya Sherif vs. Paula Badosa," the "over" option for the sub-market "Hamburg European Open: Maya Sherif vs. Paula Badosa total games over 21.5" has experienced significant fluctuations in winning probability, soaring from 50% an hour ago to the current 83% (a fluctuation of 33%). Please note the impact of relevant breaking news.

According to Gate market data, the Dow Jones Index opened up 101.65 points on July 24 (Friday), an increase of 0.2%, reporting at 51,813.3 points; the S&P 500 Index opened up 1.66 points, an increase of 0.02%, reporting at 7,409.76 points; the Nasdaq Composite Index opened down 15.39 points, a decrease of 0.06%, reporting at 25,122.31 points.

According to Cointelegraph, the Securities and Exchange Commission (SEC) of Thailand has filed a criminal complaint against the digital asset exchange Bitkub Online and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, accusing them of involvement in false reports related to a cyber attack in 2021.The SEC stated that a cyber attack in May 2021 resulted in the theft of 16 digital assets from Bitkub, valued at approximately 1.7 billion Thai Baht, or about 50 million USD. The regulatory agency claimed that Bitkub subsequently replenished the stolen assets before October 31, 2021, but the daily net capital flow reports submitted from May 10 to October 30, 2021, did not accurately reflect the reduction in assets.Bitkub stated on the X platform that the case stems from disclosure decisions made after the cyber attack in May 2021 and is not an act of fraud. The exchange claimed that the delay in disclosing the compromised wallet was to avoid a bank run, and the co-founder subsequently purchased an equivalent amount of digital assets to cover the stolen funds, with no financial losses incurred by the company or its clients. Bitkub was established in 2018 and is one of Thailand's major cryptocurrency exchanges. Bitkub's parent company is considering a potential initial public offering, including the possibility of listing in Hong Kong.

According to token unlocking data from the Crypto asset data platform RootData, GUNZ (GUN) will unlock approximately 36.857 million tokens at 1 PM Beijing time on July 31, worth about 1.38 million USD.

AI company Genspark has launched AI Workspace 6 and officially entered the South Korean market. Genspark COO Wen Shang stated in Seoul that South Korea is one of Genspark's top markets, and the company plans to invest $100 million in the South Korean market over the next three years to expand its team, partnerships, and business.AI Workspace 6 includes the continuous memory layer SecondBrain, the first hardware SecondBrain Note, the email AI agent GenMail, design feature AI Design, and the team collaboration platform GenTeam. SecondBrain is used to integrate information from users' existing office tools and supports AI agents in utilizing past projects, decisions, and communication records in subsequent work. SecondBrain Note is credit card-sized and can record meetings, calls, conversations, and voice ideas, converting them into searchable structured memories synchronized to SecondBrain, currently available at a promotional price of $179. GenMail can learn from users' existing emails, expressions, work relationships, and work history, generating reply drafts in Gmail and Outlook and executing related workflows. AI Design can convert natural language requests into visual materials and prototypes. GenTeam supports personnel collaborating in shared spaces with role-based professional AI agents, where AI agents in marketing, design, development, research, and other fields can join as group chat members and execute work based on the team's collective memory and permissions.

Japanese regulatory authorities are advancing the adjustment of the legal framework for digital asset investment. A spot Bitcoin ETF may be approved for listing as early as 2028, but the timeline still depends on the progress of regulation, product review, and tax reform.On July 15, the Japanese Diet approved the transfer of Bitcoin and approximately 105 other crypto assets from the Payment Services Act framework to the Financial Instruments and Exchange Act, removing a major legal obstacle for related funds to be listed on the Tokyo Stock Exchange. Major Japanese financial groups such as SBI Holdings and Nomura are preparing digital asset products. Japan also plans to adjust the crypto asset tax system from a maximum miscellaneous income tax of 55% to a separate reporting tax system of approximately 20.315%.

CryptoQuant analyst Axel Adler stated that the current bear market phase of Bitcoin has seen the highest historical scale of holder realized losses, with the 30-day moving average (30DMA) of realized losses reaching $1.37 billion in February 2026, which is 19% higher than the cycle peak of $1.15 billion in 2022. Data shows that since the February peak, Bitcoin realized losses have decreased by 56.5%, currently down to about $597 million; meanwhile, the scale of realized profits has only slowly recovered to $257 million.Axel Adler pointed out that the sell-off pressure driven by losses has significantly weakened, but the market has not yet seen a sustained recovery in demand, with the rate of loss decline still outpacing the rate of profit recovery. Historically, on February 20, 2026, realized losses reached $1.37 billion, setting a historical high for this metric; the highest realized loss in the 2022 cycle was $1.15 billion, occurring on June 30, 2022. In terms of realized profits, as of July 23, the 30DMA of Bitcoin realized profits was $257 million, a decrease of 92.7% from the peak of $3.51 billion set on December 10, 2024; it was also down 77.7% from when Bitcoin hit its historical high of $124,710 on October 6, 2025. This metric had previously hit a low of $191 million on June 14, 2026, and has since rebounded by 34.7%.Axel Adler indicated that the selling pressure from profits has significantly decreased, and the amount of coins sold for profit is still at a low level in this cycle, but this does not mean that sellers have completely exhausted themselves, nor does it indicate that market demand has recovered. If realized profits continue to rise above $400 million to $500 million, it would further confirm a sustained improvement in the market. Additionally, the Bitcoin realized profit/loss ratio has rebounded from a low of 0.26 in June to 0.43, but it is still below the level of 1. Analysts noted that although the absolute scale of realized losses in the current cycle exceeds that of 2022, the relative market pressure remains lower than in 2022. Since Bitcoin's historical peak, there have been 190 days out of the past 291 days where realized losses exceeded realized profits. Axel Adler warned that if the profit/loss ratio falls below 0.26 again, accompanied by a price drop below the cycle low of $58,535 set on June 30, it could indicate further intensification of market pressure.