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U.S. Senator Cynthia Lummis posted on the X platform, stating that the current version of the cryptocurrency market structure bill requires President Trump to sell his digital assets or transfer them into a blind trust, becoming one of the focal points of negotiation. Several Democratic lawmakers are concerned that the bill will weaken their narrative of attacking Trump for "crypto corruption" in the midterm elections, and thus hold a cautious attitude towards advancing the legislation.Supporters emphasize that the bill also covers ethical standards for the President, Vice President, members of Congress, and the federal judiciary, and will provide a clearer regulatory and protective framework for investors in the event of bankruptcy of cryptocurrency trading platforms.

According to official news, Gate's stock trading service has undergone an important upgrade, becoming the industry's first exchange to offer zero fees for trading U.S. stocks and ETFs. After the upgrade, buy and sell orders for eligible U.S. stocks and ETFs will not incur trading fees on the Gate platform, and there will be no minimum trading fees, account opening fees, or account maintenance fees, further reducing the cost for users to participate in the U.S. stock market.In addition to the platform trading fees, there may be third-party fees related to U.S. market settlement fees, regulatory fees, and ADR custody fees during the trading process. These fees will be executed according to the rules of regulatory agencies, clearing agencies, and custodial banks, and will be borne by users based on actual transaction conditions. Furthermore, after the zero-fee upgrade, U.S. stock trading will no longer count towards the total trading volume for VIPs.

The founder of TRON, Justin Sun, delivered a video keynote speech at Malaysia Blockchain Week 2026. He stated that DeFi, TradFi, and AI are accelerating their integration through the same assets, payment channels, and user groups. The future of finance will be a connected system operated collaboratively by institutions, open blockchain networks, and AI, and the infrastructure capabilities of TRON will become an important cornerstone supporting this transformation.Justin Sun pointed out that the scale and efficiency of TRON make it naturally suitable for AI agent payment scenarios. The B.AI and Bank of AI within the ecosystem have already endowed AI agents with independent identities and autonomous trading capabilities, with the number of B.AI users exceeding 2 million. He also responded to industry compliance concerns by highlighting the achievement of T3 FCU freezing approximately $450 million in illegal assets, stating that TRON's goal is to build a bridge between humanity and AI, local markets and global liquidity, providing open infrastructure for the next generation of value flow and inclusive finance.Malaysia Blockchain Week 2026 was held from July 29 to 30 at the Kuala Lumpur World Trade Center and is one of the most anticipated Web3 events in Southeast Asia. This event brought together global policymakers, industry leaders, developers, and investors to discuss the future evolution of blockchain, digital assets, and emerging technologies.

The Japanese listed company eole (Tokyo Stock Exchange Growth: 2334) purchased approximately 10.08 million yen (about 61,600 USD) for 1,078.2547 HYPE, with an average cost of about 9,352.77 yen (about 57.1 USD), becoming the first listed company in Japan to purchase HYPE.The company plans to make additional purchases in batches before the end of August, bringing the total investment in HYPE to 100 million yen (about 610,500 USD), and will incorporate it into the digital asset reserves under the "Neo Crypto Bank" concept to support on-chain finance and Web3 business.

According to Be In Crypto, Grayscale CEO Peter Mintzberg submitted Form 144 to the U.S. Securities and Exchange Commission (SEC), intending to sell 2,611 shares of Grayscale XRP Trust ETF (GXRP), with a total value of approximately $53,400, equivalent to $20.45 per share.Previously, founder Barry Silbert and Chief Legal Officer Craig Salm submitted a similar application in January of this year, when the price per share was approximately $37, making Mintzberg's selling price about 45% lower.It is noteworthy that the number of GXRP shares outstanding has plummeted from 5.79 million shares to 2.84 million shares in the past six months, a decrease of about 51%, reflecting that redemption pressure continues to exceed subscription. Currently, the total net assets of the U.S. spot XRP ETF are approximately $971.6 million, with GXRP accounting for about 6%.

Caixin published an article titled "The Collapsed Balance Sheet of the Boxing Champion," which reveals that for the six individual creditor friends of Zou Shiming and his wife, the funds invested in P2P and virtual currencies are the only amounts that still have the possibility of recovery compared to other losses.Real estate has been sold, luxury goods have been discounted, the boxing gym renovation has been written off, and cross-industry projects have been shut down; these are all irreversible sunk costs. However, P2P and virtual currencies are different: if the platform has not completely liquidated, or if the wallet address can still be traced, there is theoretically room for subrogation. For example, the Beijing procuratorial authorities have successfully recovered over 89 million yuan in illicit funds by using penetrating reviews combined with blockchain big data analysis tools to trace the flow of virtual currencies.

According to a report released by CryptoQuant's research director Julio, the current open interest in cryptocurrency perpetual contracts is approximately $65 billion, down about 20% from the peak of around $80 billion in September 2025 and early 2026, reflecting some deleveraging rather than new capital inflows. The market is highly concentrated, with Binance dominating with about 39% market share, the top three platforms accounting for about 63%, and the top five making up about 81%, indicating that capital is highly concentrated in leading exchanges.The report states that, at the same time, TradFi perpetual contracts for metals, crude oil, and stocks have become a growth highlight. This 24-hour, round-the-clock product has doubled in scale to over $2 billion since the end of May, allowing crypto trading to compete directly with traditional trading venues, although its size currently accounts for only about 3% of the crypto perpetual market. TradFi perpetual contracts are also dominated by leading platforms, with Binance, Gate, and Bybit at the forefront, showing that platforms with mature infrastructure and liquidity are extending their advantages into traditional asset tracks.

The 2026 Fortune Global 500 list was released on July 28, with the total revenue of the listed companies amounting to approximately $43.1 trillion, exceeding one-third of the global GDP, with a year-on-year growth of about 3.2%. Amazon topped the list for the first time, ending Walmart's twelve-year streak; State Grid ranked third. Alphabet took the title of "most profitable company in the world" from Saudi Aramco with a net profit of $132.17 billion. NVIDIA ranked second in profits, and TSMC was the only Chinese company to enter the top ten in profits.A total of 141 companies from the United States made the list, 122 from China (including Taiwan), and 40 from Japan. The total revenue of Chinese listed companies is approximately $10.4 trillion, with an average profit of $4.5 billion, about 40% of the average profit of U.S. companies ($11.24 billion). JD.com (41st) ranked first among private companies in mainland China, while Alibaba (56th), Tencent (97th, entering the top 100 for the first time), Pinduoduo (255th), and Meituan (311th) all saw improvements in their rankings.In the high-tech sector, 38 listed companies had an average profit of $21.98 billion. NVIDIA jumped 38 places to rank 28th, TSMC rose 44 places to rank 82nd, SK Hynix ranked 210th, and Micron Technology and Advanced Micro Devices returned to the list after many years. The automotive industry saw increased differentiation, with BYD ranking 91st, CATL significantly rising 43 places to rank 260th, and Chery Automobile making the list for the first time as a publicly listed company. The company with the largest increase in ranking was Wistron, which surged 298 places to rank 198th.

Chairman of Bitmine, Tom Lee, posted on the X platform stating that Ethereum is expected to become the most widely used settlement layer for finance and AI agents, "ETH is the on-chain currency."In addition, in the interview content he shared, Tom Lee also responded to the market's concern that Ethereum is being eroded by Layer 2. He expressed disagreement and pointed out that although Layer 2 networks have attracted tens of millions of real-world users into the on-chain ecosystem, the Ethereum mainnet is still further consolidating its position as the primary economic settlement center, with the Fast Confirmation mechanism able to reduce transfer friction by about 98%.

Meanwhile, Dogecoin (DOGE) only rose about 6% during the same period, while other dog-themed tokens saw increases of around 10%, indicating that funds were mainly concentrated in SHIB.In the derivatives market, during this round of increases, approximately 2,300 traders' SHIB positions and 1,000 SHIB positions were liquidated, with a total liquidation amount of about 6 million dollars, of which short positions accounted for about 5 million dollars. However, analysts believe that the short position liquidations were more a result of the price increase rather than the main driving factor of this market trend.

Founder of Strategy, Michael Saylor, stated that digital credit is entering the mainstream allocation range for institutions. STRC has now become the largest holding in the three leading preferred stock ETFs in the United States, with a total related holding size reaching $756 million, involving BlackRock PFF, Virtus InfraCap PFFA, and VanEck PFXF.

According to official news, the Robinhood Chain ecological token issuance platform Memecoin.Fun announced the completion of a $3.5 million strategic financing. This round of financing was completed through the USDG Token, led by Becker Ventures, with participation from BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen.The announcement stated that this round of financing will be used to accelerate the construction of core products and infrastructure, including the Robinhood Chain Launchpad infrastructure; cross-chain bridge function development, as well as the research and operation of the revolutionary Memecoin All-chain Platform.

According to the Bitwise "Q3 2026 Staking Report," Q2 2026 presents a divergent pattern of "increased on-chain activity and decreased fee revenue," with the core driving factor being various protocols actively reducing block space costs.In terms of core data across chains, Ethereum's active staking volume reached a historic high of 40.2 million ETH (accounting for 33% of the total supply), while network revenue decreased by 51% year-on-year to $64 million, although it rebounded in ETH terms quarter-on-quarter; Solana's Q2 Real Economic Value (REV) dropped to $51 million, significantly down from the peak of $812 million in Q1 2025, but non-voting transaction volume reached 9.8 billion, maintaining resilience in on-chain activity; Hyperliquid's Q2 total protocol revenue was $174.8 million, with perpetual contract trading volume reaching $65.2 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C chain's transaction volume grew approximately fourfold year-on-year to 236 million transactions, but network revenue plummeted due to a significant drop in fees, leaving only $330,000; NEAR saw a dramatic 75% drop in on-chain transaction volume to 77.7 million transactions due to the collapse of Kai-Ching application activity, but the Intents execution layer generated fees approximately 68 times that of the base chain.In terms of institutional adoption, BlackRock launched an Ethereum staking ETF (ETHB), Coinbase and Circle each staked 500,000 HYPE, and Bitwise, 21Shares, and Grayscale successively launched HYPE spot ETFs. Additionally, the stablecoin payment chain Tempo, incubated by Stripe and Paradigm, processed $386 million in transfers in its first quarter, while the global payroll platform Deel distributed approximately $30 million to 7,200 contractors through this chain.

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared his thoughts on the future of AI, Web3, and the cryptocurrency industry in an interview themed "The Future of AI, Web3, and the Cryptocurrency Industry."Dr. Han stated that the way users will interact with cryptocurrency products will undergo profound changes due to AI in the future. Currently, the cryptocurrency market has millions of assets and tens of thousands of DApps, and the high cost of choice and usage barriers limit user entry. However, AI is expected to become an important gateway connecting users with the Web3 ecosystem. When discussing the combination of AI and trading, Dr. Han mentioned that AI can help users efficiently acquire information, analyze market signals, and assist in decision-making, but it still cannot completely replace human judgment. "AI + human intelligence" will become a more effective approach in the future.Dr. Han also pointed out that Gate is continuously utilizing AI to optimize product experiences, reducing users' learning costs through intelligent tools, and encouraging more users to enter the Web3 world. Currently, Gate is building an AI product system around the Intelligent Web3 strategy, which includes Gate AI, GateClaw, and Gate for AI Agent, accelerating the integration of AI technology into the trading ecosystem. In the future, Gate will further lower the barriers to using Web3 through intelligent products and services, enhance user experience, and drive more users into an open and intelligent Web3 world.

According to BBX data, yesterday global top asset management institutions, listed consortiums, and industry data giants disclosed the latest developments in positioning and rebalancing within the digital asset ecosystem. The core information is as follows:Ark Invest adjusts its holdings by increasing SpaceX and reducing Robinhood: Ark Invest, led by Cathie Wood, completed its latest position adjustment yesterday, increasing its holdings by 170,634 shares of SpaceX stock (worth approximately $20.5 million), while reducing its holdings by 41,322 shares of internet brokerage giant Robinhood Markets, Inc. (NASDAQ: $HOOD) stock (worth approximately $4.1 million).Hanwha Group becomes the largest shareholder of tokenization giant Securitize: South Korea's Hanwha Group has officially become the largest shareholder of the real-world asset (RWA) tokenization platform Securitize, holding a total of 15,689,500 shares, with a shareholding ratio of 9.6%, surpassing Blockchain Capital (6%) and co-founder Carlos Domingo (5.4%). Hanwha Group currently holds 5.9%, 3.1%, and 0.6% through its private equity fund, Hanwha Systems (KRX: 272210) subsidiary H Foundation, and Hanwha Investment & Securities (KRX: 003530), respectively.The Tie completes the acquisition of Staking Rewards business: Digital asset institutional information service provider The Tie announced that it has successfully acquired the data and platform business of the staking data analysis platform Staking Rewards from Finrate AG. The staking and yield datasets of Staking Rewards will be fully integrated into The Tie's platform and API; at the same time, The Tie will also reverse integrate proprietary datasets such as on-chain analysis and news into the Staking Rewards platform.

Capital Group increased its holdings in Metaplanet to 136 million shares, with a stake valued at $203.2 million, becoming the largest shareholder of Metaplanet.Capital Group currently holds 10.63% of the voting rights in the company.