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Binance founder CZ responded on the X platform to the recent controversy regarding Giggle Academy selling donation tokens, stating that he personally "has not communicated with the Giggle team regarding the recent sale," and that the address is not managed by him personally. He pointed out that Giggle Academy has a practice of "exchanging most donation tokens for BNB at the end of each month" to fund free education programs for children worldwide, which have benefited over 1 million children in less than two years.CZ further stated that when sending or donating tokens to others, if there is no prior agreement, one should not expect the recipient to act according to the donor's wishes (such as destroying the tokens), as "that would only add extra work for the recipient." He emphasized that "if it is called a donation, one should expect them to use it," and questioned, "if one expects them to destroy it, how can it be called a donation?" Additionally, CZ expressed support for all meme coins and revealed that "he may buy or sell one or two (meme coins) in the coming weeks to test some new things."

According to the Korea Herald, the Korea Exchange conducted an internal review on July 29 regarding the technical feasibility and system requirements for a temporary ban on short selling and narrowing the price limit (currently at 30%) to address the recent severe fluctuations in the stock market. Sources familiar with the matter stated that "only technical feasibility was confirmed," and it was not a prerequisite for implementation, but rather a screening process during the review of available emergency measures.Recently, the South Korean stock market has continued to plummet, causing increasing damage to individual investors. During a meeting of the National Assembly's Administrative Committee, several lawmakers urged authorities to consider a temporary ban on short selling and to restart the Securities Market Stabilization Fund. A national petition to suspend short selling garnered over 10,000 signatures within two days of being made public. However, the ban on short selling conflicts with South Korea's goal of being included in the MSCI developed market index; a previous 17-month short selling ban from November 2023 to March 2025 had led to MSCI downgrading South Korea's market accessibility rating. The exchange's officials stated that they have not received any related requests from the government and have not formally discussed a short selling ban.

According to Gate market data, the Hong Kong stock market closed with the Hang Seng Index rising by 0.2% and the Technology Index falling by 1.25%. New Oriental rose over 18.8%, JD Logistics rose over 3.5%, Zhihui fell over 16.5%, and Zhongji Xuchuang closed down 2% on its first day of listing.

According to data from RootData stock derivatives exchanges, the top three exchanges by cumulative trading volume in the past 7 days are Binance, Hyperliquid, and OKX.The total trading volume of the three exchanges is approximately $174.028 billion, accounting for 73.26% of the market share. Among them, Binance has a total trading volume of about $116.173 billion in 7 days, with a market share of 48.91%; Hyperliquid has about $30.618 billion, with a market share of 12.89%; and OKX has about $27.236 billion, with a market share of 11.47%.

According to Gate market data, the Hong Kong Hang Seng Tech Index quickly fell at the beginning of trading, with a decline of over 1%, after previously rising nearly 1%. The Hang Seng Index fell by 0.31%, Hua Hong Semiconductor (01347.HK) fell nearly 7%, Zhizhu (02513.HK) fell over 6%, Sunny Optical Technology (02382.HK) fell over 5%, and SMIC (00981.HK) fell over 4%.

According to Gate market data, the Hong Kong stock market opened with the Hang Seng Index rising by 0.26% and the Technology Index rising by 0.43%. New Oriental (09901.HK) increased by over 14.5%, JD Logistics (02618.HK) rose by 2.5%, and Zhongji Xuchuang (03308.HK) fell by 0.92% on its first day of listing.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates unchanged until September is 36.8%, the probability of a cumulative rate hike of 25 basis points is 63.2%, and the probability of a cumulative rate hike of 50 basis points is 0% (before the Federal Reserve's decision, these were 17.8%, 60.2%, and 22% respectively).By October, the probability of maintaining interest rates unchanged is 26.2%, the probability of a cumulative rate hike of 25 basis points is 55.6%, the probability of a cumulative rate hike of 50 basis points is 18.2%, and the probability of a cumulative rate hike of 75 basis points is 0% (before the Federal Reserve's decision, these were 11.9%, 46.1%, 34.7%, and 7.3% respectively).

According to Jinshi reports, the U.S. Central Command stated that the U.S. military has redirected 20 merchant ships, rendered 2 merchant ships incapacitated, and conducted boarding inspections on 2 merchant ships during the blockade operations against Iran.

According to Jinshi reports, the Federal Reserve FOMC statement indicates that the unemployment rate has not changed much.

The Federal Reserve maintained the benchmark interest rate at 3.50%-3.75%, marking the fifth consecutive meeting without changes. The decision statement noted that Hammack, Kashkari, and Logan favored raising interest rates, reiterating that inflation remains high, partly due to the impact of shocks.

According to Jinshi reports, before the Federal Reserve announces its interest rate decision, the US dollar index remains flat; the uncertainty surrounding this decision is exceptionally high. Goldman Sachs economists expect the Federal Reserve to hold steady, but at least one vote is against and supports a rate hike. In a report, they stated that the energy price fluctuations caused by the war have cast a shadow over the outlook. Current market pricing shows that the probability of a rate hike today is about 30%. Goldman Sachs indicated that if the Federal Reserve maintains the interest rate today, the focus of the foreign exchange market will be on how much of the rate hike expectations reflected in prices will shift to subsequent meetings. Data from the CME shows that investors have priced in expectations for a rate hike in September.

According to Jinshi reports, HSBC analyst Daragh Maher pointed out in a report that, given the market has digested some interest rate hike expectations, the dollar may weaken if the Federal Reserve announces to keep interest rates unchanged. He stated that to curb the initial decline of the dollar, at least three Federal Reserve members need to vote in favor of an interest rate hike.Maher said, "If the pace of rate hikes is faster than expected, it will force the market to consider whether this is the first rate hike in a series of rate hikes."

According to Jinshi reports, JPMorgan expects the Federal Reserve to keep interest rates unchanged, with "maintaining rates but leaning hawkish" (probability of 50%) as the baseline scenario, which could lead to the S&P 500 index remaining flat or declining by 0.5%. Meanwhile, "maintaining rates but leaning dovish" (probability of 28%) is seen as the most favorable scenario for the market, potentially driving the index up by as much as 1%. A 25 basis point rate hike (probability of 20%) could result in the S&P 500 index declining by 1.5% to 2%.

HashKey Holdings Limited's latest announcement states that its wholly-owned subsidiary HKDAG SG has entered into a non-binding framework agreement with the major shareholders of the Singapore Derivatives Exchange APEX regarding a potential acquisition of all its equity. The acquisition price and payment arrangements have yet to be determined.According to HashKey, APEX holds a recognized exchange license issued by the Monetary Authority of Singapore, and its member company Asia Pacific Clear holds a recognized clearing house license, possessing comprehensive issuance and clearing capabilities. HashKey indicated that if the acquisition is completed, it will help establish a more scalable regulated presence in Singapore.The announcement also emphasizes that the proposed acquisition is subject to the execution of final documents and obtaining approval from MAS before it can be finalized. As of the announcement date, neither party has executed any final documents, nor has MAS approval been obtained, and the transaction may or may not proceed.

According to Cryptopolitan, the Central Bank of Russia (CBR) has released a draft of regulatory rules for the cryptocurrency market, covering the registration and operational requirements for cryptocurrency exchanges, digital custodians, and token issuers. The draft stipulates that the minimum net assets for digital custodians must be between 50 million and 250 million rubles (approximately 600,000 to 3 million USD), with the specific amount depending on the nature of the business.These rules will complement the "Digital Currency and Digital Rights Law" passed by the State Duma of Russia earlier this month, which is expected to officially take effect on September 1, 2026. Under the new framework, non-qualified investors can only purchase mainstream assets such as BTC, ETH, and USDT up to a limit of 4,000 USD per year; industry participants will have a transition period until March 1, 2027, to complete compliance and approval procedures.

According to Gate market data, the Hong Kong stock market closed with the Hang Seng Index rising by 1.96% and the Technology Index rising by 2.84%. Automotive stocks performed strongly, with Li Auto (02015.HK) rising nearly 10%, Leapmotor (09863.HK) rising by 9.5%, and Xiaomi Group (01810.HK) rising nearly 9%.

According to the latest stock derivatives exchange ranking released by RootData, Binance, Hyperliquid, and OKX are in the top three. This list provides a comprehensive score for exchanges supporting stock derivatives trading based on dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability, among others:Binance scored 95.5, with a position size of approximately $3.187 billion, a 24h trading volume of about $30.96 billion, and a market share of 50.19%.Hyperliquid scored 94.8, with a position size of approximately $1.884 billion, a 24h trading volume of about $7.818 billion, and a market share of 12.68%.OKX scored 92.7, with a position size of approximately $540 million, a 24h trading volume of about $7.275 billion, and a market share of 11.80%.Binance, Hyperliquid, and OKX together account for 74.67% of the trading volume, while the top five reach a total of 82.70%, further squeezing the liquidity space for smaller platforms.It is worth noting that Hyperliquid has a spread of 0.239%, the highest among the top ten exchanges, with entry costs significantly higher than other leading platforms.

According to Gate market data, after two consecutive days of gains, Hong Kong stocks opened high again today, with the Hang Seng Index opening up 176 points at 25,487 points, and then fluctuating upwards, reaching a maximum increase of 426 points to a high of 25,737 points, with the gain slightly narrowing as it approached noon. By the close, the Hang Seng Index rose by 1.37%, the Tech Index rose by 2.2%, and the total market turnover expanded to HKD 173.04 billion.Li Auto surged by 10%, Xiaomi Group rose by over 9%, while Hua Hong Semiconductor and SMIC both fell nearly 8%.

According to Jinshi reports, the Korean Exchange has activated the circuit breaker mechanism for the KOSDAQ index, suspending trading for 20 minutes.