According to PANews on July 30, Bybit will launch spot trading for DefiTuna (TUNA).

According to PANews on July 30, HashKey Exchange, a licensed virtual asset exchange in Hong Kong, will launch the IOTX/HKD trading pair at 4:00 PM (Hong Kong Time) on July 30, 2025. IOTX deposits and withdrawals are now open, but trading is only open to professional investors.IOTX is a modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. It provides data computation and verification capabilities through W3bstream, facilitating the implementation of large-scale applications.

According to a Binance announcement on July 30th, to protect users and maintain a high-quality trading market, Binance will delist the XVS/TRY and YGG/TRY spot trading pairs at 03:00 AM (UTC) on August 1, 2025. This delisting will not affect trading of the relevant tokens in other Binance spot trading pairs, and users can continue to buy and sell the relevant assets through other trading pairs. In addition, the spot trading bot services for related trading pairs will also be terminated at the same time. Binance recommends that users promptly update or cancel related trading bots to avoid potential losses.

PANews reported on July 30 that according to Aunt Ai, the wallet address 0xBE8…3b15b suspected to belong to Anchorage Digital received 8052 ETH redeemed from Lido 11 hours ago, with a value of approximately 30.25 US dollars. Of this, 7,575.98 ETH were withdrawn and staked from Coinbase in 2023, when the price was only $1,672.79. Over the two years, in addition to the Lido staking income, the funds also earned an additional $15.79 million due to the rising price of the token.

PANews reported on July 30 that OKX market data showed that BTC had just fallen below $118,000 and was currently trading at $117,996.10 per coin, with a daily increase of 0.52%.

PANews reported on July 30th that the U.S. Securities and Exchange Commission (SEC) voted to allow authorized participants to conduct physical subscriptions and redemptions for shares of crypto asset exchange-traded products (ETPs), according to the SEC's official website. This move marks that spot ETPs such as Bitcoin and Ethereum will be able to use physical subscriptions and redemptions, just like other commodity ETPs, improving product efficiency and reducing costs. SEC Chairman Paul S. Atkins stated that this move will help establish a more reasonable regulatory framework for crypto assets and benefit investors. In addition, the SEC also approved a number of exchange applications related to crypto assets, including mixed spot Bitcoin and Ethereum ETPs, related options, and increased Bitcoin ETP option position limits.

PANews reported on July 30th that, according to SoSoValue data, the overall crypto market experienced a slight correction today. The SocialFi sector bucked the trend, rising 4.39%, with Toncoin (TON) surging 5.30%. BTC rose 0.09%, remaining in a narrow range around $117,000, while ETH rose 0.87%, approaching $3,800. Among other sectors, PayFi saw a slight increase of 0.35%, while Layer 1, DeFi, Meme, Layer 2, NFT, and CeFi sectors generally declined. Zora (ZORA) performed exceptionally well, rising 17.71%.

According to a report by China National Radio on July 30th, the Leshan Intermediate People's Court in Sichuan Province escalated the case of Wan Mouyuan and others in the illegal business operation case, involving the identification of the nature of foreign exchange transactions using virtual currency as a trading medium. This is a new type of crime committed using new technologies and methods. The escalation of the case to a higher court clarifies the nature of the criminal conduct, which will help unify adjudication standards and safeguard national financial security.

Vincent Anthony Mazzotta Jr has pleaded guilty to money laundering and conspiracy to obstruct justice, which together carry a maximum of 15 years in prison.

Radix Founder Dan Hughes Passes Away Unexpectedly; Team Committed to Carrying On His Vision Dan Hughes, founder and original architect of the Radix Network, passed away unexpectedly at his home on Sunday evening from natural causes. Dan Hughes, a longtime innovator in decentralized ledger technology, was known as a visionary builder and problem solver. He not only advanced the development of core technologies like Cerberus and the Radix Engine, but also earned the respect of the community with his authenticity, humility, and clarity of purpose. The Radix team stated that while Dan's passing is a profound loss, the foundation and vision he established will continue to propel the project forward. To ensure a stable transition, Chief Strategy Officer Adam Simmons and Chief Financial Officer Jonathan Day will serve as co-directors of the Radix Foundation, alongside current CEO Andy Jarrett. The team is urging the community to pay their respects via the Radix Telegram or Discord channels and has stated that they will temporarily pause public discussions to focus on operational stability. Hyperliquid: Last night's API issue was caused by a surge in traffic; no hacking or exploit was involved.Hyperliquid announced on Discord that between 10:10 PM and 10:47 PM (UTC+8) last night, an API server issue occurred, resulting in delays in sending orders to the node. This was due to a surge in traffic. No hacking or exploit was involved. The issue has been fixed, and further improvements will be implemented in the future. Additionally, additional safeguards will be added at all levels of the technology stack to detect API server issues and prevent unexpected user issues. Anchorage Digital Purchased Over $1.19 Billion in Bitcoin in 9 Hours According to Lookonchain, Anchorage Digital purchased a total of 10,141 BTC in the past 9 hours through multiple wallets, with a total value of approximately $1.19 billion. Ark Invest purchased another $15.3 million worth of BitMine shares on Tuesday.According to The Block, Cathie Wood's Ark Invest purchased another $15.3 million worth of BitMine Immersion Technologies shares through its three ETFs on Tuesday, adding to its previous $20 million purchase the day before. Last week, Ark Invest also spent $182 million to acquire over 4.77 million shares of BitMine common stock. Meanwhile, Ark Invest's ARKF fund sold $1.47 million worth of Block Inc. shares. BitMine Chairman Thomas Lee stated that the company's ETH holdings have exceeded $2 billion, and the company is on track to acquire and stake 5% of the total ETH supply. Although BitMine's stock price fell 8.86% on Tuesday, it has risen 650.29% over the past month.AML Bitcoin founder sentenced to 7 years in prison for multi-million dollar cryptocurrency fraud and money laundering.According to The Block, Rowland Marcus Andrade, founder of AML Bitcoin and CEO of the NAC Foundation, has been sentenced to 84 months (7 years) in prison by a US federal court for wire fraud and money laundering involving the cryptocurrency AML Bitcoin. The court found that Andrade defrauded investors of approximately $10 million between 2014 and 2019 by falsely promoting AML Bitcoin's technology, commercial potential, and launch date. He then used over $2 million of that money for personal expenses, including the purchase of real estate and luxury cars. A hearing regarding victim compensation and property forfeiture will be held on September 16, 2025. Hong Kong Monetary Authority: Applications for stablecoins pegged to a basket of fiat currencies are permitted; the first license may be issued early next year According to the National Business Daily, Hong Kong Monetary Authority Deputy Chief Executive Chan Wai-min stated at a technical briefing on the regulatory regime for stablecoin issuers that the number of stablecoin issuer licenses to be issued in the first phase is still uncertain and will depend on the quality of the application materials submitted by the applicants. The first stablecoin issuer license is expected to be issued early next year, and he emphasized that "the threshold for passing is very high." Chan Wai-min also stated that the Hong Kong Monetary Authority maintains an open approach regarding fiat currencies. Stablecoin issuers can apply for licenses pegged to either a specific fiat currency or a basket of fiat currencies. The key is to indicate the fiat currency in the application. BTCS plans to raise $2 billion to boost cryptocurrency investments.According to The Block, BTCS Inc., an Ethereum-focused blockchain technology company, filed documents with the U.S. Securities and Exchange Commission (SEC) on Tuesday, planning to raise up to $2 billion through multiple rounds of common stock offerings to fund future cryptocurrency acquisitions. BTCS currently holds approximately 70,028 ether (ETH), valued at approximately $265.3 million. The company stated that the proceeds from the fundraising will be used to purchase digital assets, supplement working capital, and for other corporate purposes. BTCS also filed an S-3 statement regarding over 5 million shares of common stock and expects to raise approximately $12 million from warrant exercises. BTCS is committed to continuously accumulating Ethereum assets and generating returns through diversified strategies including capital markets, staking, and block building. Linea Announces Token Distribution Details, 9% to Users via Airdrop Linea Project Lead Declan Fox stated on the X platform that the team has confirmed that 10% of tokens will be allocated to early contributors, including 9% to users who participate in Linea voyages and receive LXP. Eligibility criteria and checkers will be announced before the TGE. The snapshot has been completed and Sybil filtering has been performed. This airdrop does not involve CEX listing, InfoFi, or other dilution, and the team and investors will not receive any distribution. An additional 1% will be allocated to strategic builders, managed at the discretion of the Linea team, and used to incentivize dapps and the community. Rewards for liquidity providers are included in the 75% ecosystem fund. Details of LXP-L will be announced by the alliance. Of the 22% circulating supply, 12% (excluding airdrops) will be used for governance initiatives such as exchange liquidity, market making, and partnerships. The ecosystem fund has a 10-year vesting period. According to Linea.eth, LINEA has launched a new L2 token economics model, featuring ETH as the sole gas token, no internal allocations, no token governance, 85% of which is allocated to the ecosystem, and 15% to the Consensys treasury (locked for 5 years). The project utilizes a dual burn mechanism: all gas fees are paid in ETH, 20% of net transaction fees are burned for ETH, and 80% is burned for LINEA tokens, directly linking network usage and value growth. The ecosystem fund, which represents 75% of the total supply, is managed by the Linea Alliance, with 25% allocated for ecosystem incentives and the remaining 50% vested over 10 years. 10% is allocated to early contributors, 9% is distributed to users via airdrops, and 1% is allocated to strategic builders. The TGE's circulating supply accounts for approximately 22% of the total, or approximately 1.58 billion LINEA, 1,000 times the initial circulating supply of ETH. Multiple addresses accumulated 648,000 ETH worth $2.44 billion in just two weeks. According to Ember, the 0x3dF…E3E address accumulated another 12,000 ETH (approximately $45.01 million) through Galaxy Digital seven hours ago. Since July 19th, this address has accumulated a total of 112,972 ETH (approximately $413 million) in eleven days, at an average price of $3,662. It's reported that since July 10th, addresses (not the same entity) have been hoarding ETH through multiple channels, accumulating a total of 648,000 ETH, with a market capitalization of approximately $2.44 billion and an average price of approximately $3,445.CITIC Securities: Continue to monitor issuers that may obtain the first batch of stablecoin licenses.A CITIC Securities research report indicates that on July 29th, the HKMA issued a series of documents regarding the regulatory regime for stablecoin issuers, which will take effect on August 1st. The core document is the "Guidelines for the Supervision of Licensed Stablecoin Issuers," while the most relevant guidance for the current application stage is the "Summary Explanation of the Licensing Regime for Stablecoin Issuers." Looking at the timeline, the HKMA encourages interested applicants to contact the regulator before August 31st, while mature applicants will have until September 30th to apply. The first batch of licenses will only be issued in the single digits, and are expected to be issued before the end of the year. It is recommended to continue focusing on two main areas: issuers that may obtain the first batch of scarce licenses, and platforms that are certain to participate in the creation of stablecoin use cases. The White House may have delayed the vote on the CFTC Chairman nomination due to his continued position as a Kalshi director. According to Eleanor Terrett, the White House delayed the vote on the CFTC Chairman nomination because Quintenz's team, while still a Kalshi director, sought to obtain confidential CFTC information regarding competitors such as Polymarket and PredictIt, raising concerns about conflicts of interest. Coinbase to List BankrCoin (BNKR) on the Base NetworkCoinbase announced it will add support for BankrCoin (BNKR) on the Base Network. Trading will begin on or after 9:00 AM Pacific Time on July 30, 2025, subject to liquidity conditions. The BNKR-USD trading pair will be rolled out in phases once sufficient supply of these assets is available. Support for BNKR may be limited in some supported jurisdictions. Coinbase Lists Treehouse (TREE)Coinbase announced it has added support for Treehouse (TREE), an ERC-20 token, on the Ethereum network, labeling it "experimental." The TREE-USD trading pair will be rolled out in phases once sufficient supply is available. Support for TREE may be restricted in some supported jurisdictions. Strategy Completes $2.521 Billion in Fundraising and Acquires 21,021 Bitcoins According to Business Wire, Strategy completed a $2.521 billion IPO of STRC preferred stock on July 29, 2025, marking the largest US IPO of 2025 to date. Net proceeds of $2.474 billion were used to purchase 21,021 bitcoins at an average price of approximately $117,256 per bitcoin. As of July 30, Beijing time, Strategy held 628,791 bitcoins, with a cumulative purchase cost of approximately $46.8 billion and an average price of approximately $73,227. STRC will be listed on the Nasdaq on July 30. Kraken Seeks $500 Million in Funding at a $15 Billion Valuation According to The Information, cryptocurrency exchange Kraken is currently seeking to raise approximately $500 million at a $15 billion valuation. Hong Kong Monetary Authority: Six-month transitional arrangement will be implemented after the Stablecoin Ordinance takes effect According to the Hong Kong Radio website, the Stablecoin Ordinance will take effect this Friday. The Hong Kong Monetary Authority (HKMA) announced a six-month transitional arrangement for institutions previously operating in Hong Kong with stablecoin issuance. These arrangements include issuing temporary licenses to issuers capable of complying with regulatory requirements. If issuers fail to meet the relevant requirements within three months of the Ordinance taking effect, they must orderly wind down their Hong Kong operations within four months of the law's entry into force. If the Monetary Authority is not satisfied that an issuer is able to meet the licensing criteria and regulatory requirements, the issuer must orderly wind down its Hong Kong operations within one month of receiving the refusal notice. Earlier, the HKMA released several documents regarding the regulatory regime for stablecoin issuers, which took effect on August 1st. Algeria bans all cryptocurrency activities, with offenders facing imprisonment and fines According to Cryptobriefing, Algeria has passed a revised law officially banning all cryptocurrency-related activities, from holding and trading to mining and promotion. Bill No. 25-10, promulgated on July 24th, specifically prohibits the issuance, sale, purchase, holding, use, and promotion of all crypto assets, including Bitcoin and USDT. The bill also criminalizes mining, the use of digital wallets, and the operation of cryptocurrency exchanges. The bill aims to strengthen the financial system's defenses against crime and terrorism, align with international standards, implement the Financial Action Task Force guidelines, and address the growing popularity of cryptocurrencies among young people and off-grid miners in the south. Under anti-money laundering and counter-terrorist financing laws, the use of cryptocurrencies is considered a financial crime, and crypto assets are uniformly categorized regardless of their purpose. Violators face prison sentences of two months to one year and fines of 200,000 to 1 million dinars. Penalties are even higher for activities related to organized crime.Bit Digital's AI infrastructure company Whitefiber seeks $132.8 million in IPOAccording to Bloomberg, Whitefiber Inc., the artificial intelligence infrastructure subsidiary of crypto asset management company Bit Digital Inc., is seeking to raise up to $132.8 million through an initial public offering (IPO). According to a filing with the U.S. Securities and Exchange Commission on Tuesday, the company plans to offer 7.8 million shares at a price of $15 to $17 per share. Based on the outstanding shares listed in the prospectus, if priced at the top end of the IPO price range, Whitefiber's market capitalization would reach $592.6 million. The company expects to determine the IPO price during the week of August 4th. The prospectus indicates that Whitefiber owns high-performance computing data centers and provides cloud-based high-performance computing graphics processing units (GPUs). The company provides cloud services to clients such as developers of artificial intelligence applications and machine learning. Upon completion of the IPO, Bit Digital is expected to hold approximately 77.6% of the company's outstanding shares. eToro to Launch Tokenized U.S. Stocks on the Ethereum Blockchain According to Investing, trading and investment platform eToro Group Ltd. announced plans to expand its trading hours and introduce tokenized U.S.-listed stocks as part of its strategic move toward a tokenized future. In a webinar on Tuesday, the company revealed it will offer 24/7 trading for an initial 100 popular US-listed stocks and ETFs (as underlying assets). This move enables users to trade outside of traditional market hours. Additionally, eToro has partnered with the Chicago Mercantile Exchange Group to launch spot-quoted futures, which are currently available in select European markets with plans to expand further. These contracts offer futures trading based on spot prices with longer-dated expiration dates. Furthermore, the company announced plans to issue US stocks as ERC20 tokens on the Ethereum blockchain, furthering its tokenization efforts. 180 Life, a publicly listed company, plans to raise approximately $425 million in a private placement and transform into an Ethereum Treasury Reserve Company According to PR Newswire, 180 Life Sciences Corp. (NASDAQ: ATNF), a US-listed company, announced its transformation into an Ethereum Treasury Reserve Company, intending to raise approximately $425 million through private equity financing. Upon completion of the transaction, the company plans to change its name to ETHZilla Corporation. Investors in the private equity financing include Harbour Island, Electric Capital, Polychain Capital, GSR, and Omicron Technologies. Following the transaction, Electric Capital will serve as the company's external asset manager and implement a differentiated on-chain yield generation program. The initiative aims to go beyond traditional ETH staking while maintaining robust risk management, and strives to combine staking, lending, liquidity provisioning, and customized private protocols. Ethena Labs Launches Liquid Leverage, Initially Available on Aave According to official news, Ethena Labs has announced the launch of Liquid Leverage, a new Ethena integration for the money market, enabled by partners. It will be available initially on Aave. Users can now deposit 50% sUSDe and 50% USDe into Aave. In addition to the normal USDe lending rate and sUSDe's own annualized yield (APY), they can also earn USDe promotional rewards (currently approximately 12% APY). Twenty One Capital, Inc., announced today that it expects to acquire approximately 5,800 bitcoins from Tether following the completion of its business combination and prior to Twenty One's planned public offering. This brings Twenty One's total holdings to over 43,500 bitcoins as of market close. These figures would make Twenty One the third-largest corporate bitcoin vault globally. Twenty One has filed a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). Twenty One will seek to trade under the ticker symbol "XXI" following the completion of the business combination. The completion of the business combination is subject to customary closing conditions, including approval by CEP shareholders. Binance will list TREE 1-75x U-margined perpetual contracts According to the official announcement, Binance Finance, One-Click Buy, Flash Swap, Margin Trading, and Binance Futures will list Treehouse (TREE). Binance will launch TREE 1-75x U-margined perpetual contracts at 22:00 (ET) on July 29, 2025. Market News: Pump.Fun Pledges to Use 100% of Daily Revenue for Repurchase According to market news, pump.Fun has increased its token repurchase efforts, pledging to use 100% of its daily revenue for repurchase. Update: Dumpster DAO analysis indicates that pump.Fun is suspected of using 100% of its daily revenue to repurchase tokens in just one day, suggesting this model may be unsustainable. Bitmine disclosed that its Ethereum holdings have increased to approximately 625,000 BitMine Immersion Technologies disclosed on the X platform that its total BTC holdings have reached 192 and its total ETH holdings have reached approximately 625,000. This means that the company has increased its holdings by 58,224 ETH, and the net asset value per share of BMNR is $22.77. Previously, BitMine Immersion announced a $1 billion share repurchase plan. The DEGEN Foundation is exploring a phased burn of 32.5% of its total DEGEN token supply. The DEGEN Foundation has published a post on the X platform exploring a phased burn of 32.5% of the total DEGEN token supply to address concerns about dilution and inflation, aiming for long-term sustainability rather than future large-scale airdrops. The Foundation is currently seeking community feedback. The DEGEN Foundation plans to steadily burn tokens monthly until a sustainable long-term supply is reached, while also rewarding long-term holders. The DEGEN Foundation stated that while it currently holds 32.5% of the token supply and could use these tokens for future airdrops (such as the Degen app or other initiatives), this would dilute the interests of existing holders, making it unsuitable for long-term token holders. SharpLink disclosed that its total Ethereum holdings have increased to approximately 438,000 ETH Nasdaq-listed SharpLink announced on its X platform that it purchased approximately 77,210 ETH for approximately $290 million between July 21 and 27, with an average purchase price of approximately $3,756. As of now, it holds approximately 438,190 ETH. The ETH concentration per share is currently approximately 3.4, up from approximately 3.06 last week. This represents a roughly 70% increase in ETH per share since the Ethereum Treasury strategy began on June 2. Cumulative staking rewards have reached approximately 722 ETH. JPMorgan Chase: Coinbase Benefits Significantly from Collaboration with Circle and the USDC Economy According to CoinDesk, JPMorgan Chase's latest report states that Coinbase's partnership with Circle and its investment in the USDC stablecoin are generating significant returns through equity appreciation and high-margin revenue. The total value generated by Circle-related businesses for Coinbase shareholders is estimated to be between $55 billion and $60 billion, suggesting that the market may be underestimating the strategic importance of the USDC ecosystem. In the first quarter of this year, Coinbase received approximately $300 million in issuance payments from Circle, exceeding Circle's total net revenue. JPMorgan Chase estimates that Coinbase had $13 billion in USDC balances on its platform at the end of the first quarter, generating $125 million in revenue, assuming a 20% to 25% profit margin. Coinbase also shares Circle's reserve fund revenue, earning $170 million last quarter at a nearly 100% profit margin. JPMorgan Chase has a neutral rating on Coinbase stock with a $404 price target. The stock was trading around $381 in early trading on Tuesday. DeFi Development announced an increase of approximately 180,000 SOL tokens, bringing its total holdings to approximately 1.18 million. According to CoinDesk, publicly listed DeFi Development announced that it increased its holdings of SOL by 181,303 tokens between July 21 and 28, at an average purchase price of $155.33. Its total holdings increased to approximately 1.18 million SOL tokens, valued at approximately $218 million. Linea Announces Native ETH Yield and Burn Mechanism Ahead of LINEA Token Launch According to The Block, Linea, the Ethereum Layer 2 network founded by Consensys, announced several plans ahead of the official launch of its LINEA token, including the introduction of native yields for bridged Ethereum, a protocol-level ETH burn mechanism, the design of an Ethereum-centric deflationary token, and the establishment of an Ethereum Ecosystem Fund. Among these plans is the native staking functionality for bridged Ethereum, intended to "establish the network as a hub for ETH capital," expected to launch in October. Staking rewards will be reinvested in the Linea ecosystem. The Linea team stated that approximately 20% of all Linea net transaction fees paid in ETH will also be burned to reduce ETH supply and support value accumulation on Ethereum's first layer. Linea will become the first Layer 2 network to commit to a protocol-level ETH burn. The remaining 80% of net transaction fees will be used to burn LINEA tokens, reducing the fixed supply and allowing the token to deflate with network activity. Furthermore, 85% of the token supply will be allocated to the ecosystem, with 10% reserved for early adopters and 75% distributed over time through an ecosystem fund. The remaining 15% of LINEA tokens will be locked up for five years and held in the Consensys treasury. The ecosystem fund will be managed by the Linea Alliance, comprised of leading Ethereum organizations such as Consensys, Eigen Labs, ENS Labs, Status, and SharpLink, with more to come. While the launch date for the LINEA token has not yet been announced, it is expected to be live soon. The upcoming token is designed to mimic Ethereum's original distribution model while building on ETH's core utility. ZOOZ Power, a publicly listed company, announced a $180 million private placement to launch a Bitcoin treasury reserve strategy. According to Globenewswire, energy management solutions provider ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) today announced a $180 million private placement (PIPE) with qualified institutional investors to support the launch of its Bitcoin reserve strategy. The PIPE, which is subject to shareholder approval, is expected to sell 180 million shares of the company's common stock and prepaid warrants at $1 per share. Participants in the PIPE include strategic investors Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and renowned Israeli investor Alex Rabinovitch. Hong Kong Securities and Futures Commission: Beware of Suspicious Investment Products Called "FoFund," "Fo Coin," and "Taohuayuan NFT" The Hong Kong Securities and Futures Commission (SFC) issued an announcement warning the public against suspicious investment products called "FoFund Duoduo No. 1," "FoFund Duoduo No. 2," "Fo Coin," and "Taohuayuan NFT." These products involve management strategies related to virtual asset investments, digital tokens, and non-fungible tokens of related paintings, respectively. These investment products are not authorized by the SFC for sale to the public in Hong Kong. The SFC notes that information about these products is accessible to the public in Hong Kong through their respective websites, social media accounts, and mobile applications. Earlier, Caixin reported that Qian Fenglei's Fofund wealth management product had been shut down.Bakkt to Raise $75 Million in a Rights Offering to Purchase Bitcoin and Other Digital AssetsAccording to Businesswire, Bakkt Holdings, Inc. (NYSE: BKKT) announced it will issue 6,753,627 shares of Class A common stock and prepaid warrants to purchase up to 746,373 shares of Class A common stock, raising approximately $75 million. Bakkt intends to use the net proceeds from this offering to purchase Bitcoin and other digital assets in accordance with its investment policy, for working capital, and for general corporate purposes. BitMine Immersion Announces $1 Billion Share Repurchase Program According to PR Newswire, BitMine Immersion Technologies announced today that its Board of Directors has approved a share repurchase program to repurchase up to $1 billion of the company's outstanding common stock. This new share repurchase program is open-ended, allowing the company to repurchase its shares from time to time in open market and negotiated transactions. The company currently has over $401.4 million in unencumbered cash. As of 10:45 PM ET on July 28, the company held 625,000 Ethereum and 192 Bitcoin. As of July 28, the company currently has 121,739,533 fully diluted common shares outstanding, with a combined net asset value (NAV) of $22.76 per share, including cash and cryptocurrency. BMNR's cryptocurrency and unencumbered cash total $2.77 billion.Robinhood CEO's wealth surges sixfold in a year to $6.1 billionAccording to Forbes, Robinhood CEO Vlad Tenev's wealth has surged sixfold in a year to $6.1 billion, fueled in part by his all-in crypto investment, as he embarks on a global financial services acquisition spree with tokenized stocks, AI-driven investing, and an attempt to capture the impending $124 trillion in intergenerational wealth transfers. Tenev plans to dominate the next generation of investors in three phases. First, he aims to capture the active trader market, where investment returns are immediate, as evidenced by Robinhood's impressive performance. In the medium term, within approximately five years, he envisions meeting the full range of financial needs of customers, from credit cards and cryptocurrencies to mortgages and individual retirement accounts (IRAs). The third phase: building the world's leading financial ecosystem, presumably underpinned by Robinhood's blockchain technology. In preparation for the shareholder meeting the following day, Tenev stated, "The scale of this phase will far exceed the previous two. The opportunity will start slowly but will grow exponentially over time." USD1 on Binance briefly depegged to 0.9934 USDT Markets indicate that the USD1 stablecoin on Binance briefly depegged, falling to a low of 0.9934 USDT before recovering to 0.9974 USDT. Bubblemaps warns of Rugproof launchpad platform risk of "rug pull" scams.According to Cointelegraph, blockchain analytics platform Bubblemaps has issued a warning about Rugproof, a launchpad platform for the Solana ecosystem. Rugproof claims to protect investors from "rug pull" scams, but Bubblemaps accuses it of using an issuance structure that mimics those of "rug pull" scams. Bubblemaps points out that the project creators sent SOL tokens to 162 wallets, which then purchased 50% of the RugProof token supply. This centralized token-packing structure is similar to many past "rug pull" scams. Furthermore, key information such as the identity of the project team and token economics have not been disclosed, making verification difficult. Binance Alpha and Binance Futures will list PlaysOut (PLAY) According to the official announcement, Binance Alpha will list and open trading for PlaysOut (PLAY) at 4:00 PM (ET) on July 31, 2025. Additionally, Binance Futures will launch PLAYUSDT perpetual contracts at 5:30 PM (ET) on July 31, 2025, with a maximum leverage of 50x. Binance is the first platform to announce the opening of PlaysOut (PLAY) futures trading and to showcase the PlaysOut token on Binance Alpha. As a launch bonus, all eligible Binance users will receive an exclusive Binance token airdrop. Eligible users must redeem Binance Alpha Points between 4:00 PM (ET) on July 31, 2025, and 4:00 PM (ET) on August 1, 2025, through the Binance Alpha event page to claim the airdrop. Brian Quintenz's nomination vote for CFTC Chairman canceled again According to Bitcoin.com, US President Trump's nomination of Brian Quintenz as the new Chairman of the Commodity Futures Trading Commission (CFTC) may have been blocked again—his name has been removed from the meeting agenda of the Senate Agriculture, Nutrition, and Forestry Committee. Quintenz, a former CFTC commissioner and current head of crypto policy at the prominent venture capital firm a16z (Andreessen Horowitz), was also abruptly removed from the voting list at another meeting of the same committee last week. While no official reason for his removal was given, speculation arose that his nomination might be flawed. Hong Kong Monetary Authority Releases Several Documents Regarding the Regulatory Regime for Stablecoin Issuers, Effective August 1 According to an official announcement, the Hong Kong Monetary Authority (HKMA) today released several guidelines and explanatory documents regarding the regulatory regime for stablecoin issuers, effective August 1, 2025: the consultation conclusions on the "Guidelines on the Supervision of Licensed Stablecoin Issuers," the consultation conclusions on the "Guidelines on Combating Money Laundering and Counter-Terrorist Financing (Licensed Stablecoin Issuers)," the "Summary Explanations on the Licensing Regime for Stablecoin Issuers," and the "Summary Explanations on the Transitional Provisions for Existing Stablecoin Issuers," which relate to the licensing regime and application procedures. Both sets of guidelines will be gazetted on August 1, 2025. With the regulatory regime officially taking effect, market participants should comply with the Stablecoin Ordinance and related guidelines. The Hong Kong Monetary Authority (HKMA) encourages institutions interested in applying for a license to contact the HKMA via its official email address on or before August 31, 2025, so that the HKMA can convey its supervisory expectations and provide appropriate feedback. Licensing will be an ongoing process. If individual institutions believe they are fully prepared and wish to be considered as soon as possible, they should submit their applications to the HKMA on or before September 30, 2025. The HKMA reminds market participants to exercise caution in public communications and avoid making statements that could be misunderstood or create unrealistic expectations. Under the Stablecoin Ordinance, it is an offence to falsely claim to be a licensed person or applicant. As of today, the HKMA has not issued any licenses. The public will be able to refer to the list of licensed stablecoin issuers published on the HKMA's website in the future. The public should remain vigilant against any stablecoin issuer claiming to be regulated or licensed in Hong Kong, as well as those claiming to be applying for a license. The public holds unlicensed stablecoins at their own risk.

PANews reported on July 30 that, according to AFP, Telegram founder Pavel Durov was questioned by a French investigative judge in Paris on Monday regarding the platform's alleged facilitation of criminal activity. Since his detention in Paris in 2024, Durov has been repeatedly accused of links to organized crime, illegal transactions, and the dissemination of illegal content. Durov denies all charges and, through his lawyer, stated that he had explained in detail to investigators the absurdity of the relevant facts. Since Durov's arrest, French judicial authorities have stated that cooperation with Telegram has improved. Durov's lawyers have questioned the constitutionality of the case and requested a preliminary ruling from the European Court of Justice.

PANews reported on July 30th that, according to news1, as discussions regarding the Korean won stablecoin continue to heat up, the Bank of Korea recently established a new "Virtual Asset Group" and renamed the "Digital Currency Research Office" to the "Digital Currency Office" to strengthen its organizational structure. This adjustment aims to more effectively respond to the latest trends in central bank digital currencies (CBDCs) and stablecoin issuance. The newly established Virtual Asset Group will be responsible for monitoring the market and legislative progress of virtual assets such as the Korean won stablecoin. The Digital Currency Office will be divided into two teams, Technology and Infrastructure, responsible for digital currency-related technology research and development and platform development, respectively. The Bank of Korea stated that it will continue to advance CBDC-related work and actively address the challenges posed by the development of private stablecoins.

PANews reported on July 30th that according to OKX market data, the top tokens with the highest intraday gains are: TON, currently trading at $3.376, up 3.34%; ZK, currently trading at $0.0571, up 3.10%; MKR, currently trading at $2065.8, up 2.52%; UNI, currently trading at $10.366, up 2.07%; and XRP, currently trading at $3.132, up 1.07%. In addition, the tokens with the largest intraday declines are: BONK is currently trading at $0.0000285, down 6.37% on the day; CFX is currently trading at $0.209, down 5.27% on the day; TIA is currently trading at $1.847, down 3.40% on the day; AR is currently trading at $7.534, down 2.12% on the day; PEOPLE is currently trading at $0.0201, down 2.09% on the day.

PANews reported on July 30th that Dan Hughes, founder and original architect of the Radix network, passed away unexpectedly at his home on Sunday evening from natural causes. Dan Hughes had long been dedicated to the innovation of decentralized ledger technology and was known as a visionary builder and problem solver. He not only advanced the development of core technologies such as Cerberus and the Radix Engine, but also earned the respect of the community for his authenticity, humility, and clarity of purpose. The Radix team stated that while Dan's passing is a profound loss, the foundation and vision he established will continue to drive the project forward. To ensure a stable transition, Chief Strategy Officer Adam Simmons and Chief Financial Officer Jonathan Day will serve as co-directors of the Radix Foundation alongside current CEO Andy Jarrett. The team called on the community to express their respects in the Radix Telegram or Discord, and stated that they would temporarily suspend public discussions to focus on operational stability.

According to PANews on July 30th, Hyperliquid announced on Discord that between 10:10 PM and 10:47 PM (UTC+8) last night, an API server issue occurred, resulting in delays in sending orders to the node. This was due to a surge in traffic. No hacking or exploitation was reported.The issue has been fixed, and further improvements will be implemented in the future. Additionally, additional safeguards will be added at all levels of the technology stack to detect API server issues and prevent unexpected user issues.

According to a report by PANews on July 30th, Lookonchain reported that Anchorage Digital has purchased a cumulative 10,141 BTC through multiple wallets in the past 9 hours, with a total value of approximately US$1.19 billion.

PANews reported on July 30 that the OKX market showed that ETH had just broken through $3,800 and was currently trading at $3,800.17 per coin, with a daily increase of 1.03%.

PANews reported on July 30 that Virtuals-based AI agent Billy Bets recently completed US$1 million in financing, with investors including Coinbase Ventures, Virtuals Ventures, and Contango Digital Assets.

PANews reported on July 30 that according to The Block, Ark Invest, led by Cathie Wood, purchased another $15.3 million worth of BitMine Immersion Technologies shares through its three ETFs on Tuesday, adding to its $20 million purchase the day before. Last week, Ark Invest also spent $182 million to acquire more than 4.77 million shares of BitMine common stock. At the same time, ARKF, a fund under Ark Investment, also sold $1.47 billion worth of Block Inc. shares. Thomas Lee, chairman of the board of BitMine, said that the company's ETH holdings have exceeded $2 billion and are moving towards the goal of acquiring and staking 5% of the total ETH supply. Although BitMine's stock price fell 8.86% on Tuesday, its cumulative increase in the past month has reached 650.29%.

PANews reported on July 30 that according to The Block, Rowland Marcus Andrade, founder of AML Bitcoin and CEO of NAC Foundation, was sentenced to 84 months (7 years in prison by a U.S. federal court for wire fraud and money laundering involving the cryptocurrency AML Bitcoin. The court found that Andrade defrauded investors of approximately $10 million between 2014 and 2019 by falsely advertising AML Bitcoin's technology, commercial potential, and launch date, and used more than $2 million of that for personal expenses, including the purchase of real estate and luxury cars. A hearing on victim compensation and property forfeiture will be held on September 16, 2025.