According to Wu, as reported by the Korean News Agency, the Financial Services Commission and the Financial Supervisory Service of South Korea have formed a working group with five major virtual asset exchanges and the DAXA association on July 31, to start developing "guidelines for virtual asset lending services." The working group will comprehensively reference international regulatory frameworks, stock market rules, and the characteristics of the South Korean virtual asset market to establish unified basic regulations, covering topics such as leverage limits, user eligibility assessments, a

According to CryptoSlam data, global NFT sales reached $574 million in July 2025, a month-over-month rise of 47.6%, making it the second highest this year, only behind January's $679 million. Despite the number of transactions decreasing from 5.5 million to 5 million, the number of unique buyers dropped by 17% to 713,000, the average transaction price rose to a nearly six-month high of $113.08. Ethereum continues to dominate on-chain NFT activity, with sales in July reaching $276 million, a year-over-year growth of 56%. In terms of market capitalization, Pudgy Penguins saw the highest increase

Pudgy Penguins and the Abstract team have officially become advisors to the U.S. government, participating in the design of crypto assets legislation. It is reported that their team has traveled to Washington, D.C. multiple times to discuss relevant policies. In addition, Pengu has applied to establish a PENGU ETF covering NFTs and Tokens.

Wu reported that, according to @EmberCN monitoring, Ethereum microstrategy company SharpLink Gaming acquired 77,000 ETH for $290 million over the weekend, and 10 hours ago transferred 43.09 million USDC to Galaxy Digital, subsequently receiving 11,259 ETH from Galaxy Digital 15 minutes ago, at an average purchase price of approximately $3,827.

The publicly listed company xTAO focused on Bittensor announced that it holds 41,538 TAO (approximately $15.8 million), making it the largest public holder of TAO currently. xTAO is led by Karia Samaroo, founder of WonderFi, and plans to expand validator operations and build Bittensor infrastructure by staking TAO (with an annualized return of about 10%). The company went public on the Canadian TSXV Venture Exchange last week, having secured investments from DCG and Animoca Brands before the listing, raising $22.8 million. (TheBlock)

According to Decrypt, South Korean blockchain company DaWinKS has partnered with the Kaia DLT Foundation to launch a stablecoin ATM that supports USDT cash withdrawals, which has been rolled out at various tourism and retail locations in South Korea. This ATM supports USDT issued on the Kaia on-chain, and is only available for users holding foreign passports, allowing exchanges for 85 types of fiat or deposits to local transportation cards. The project is currently operating under the Regulatory Sandbox framework, and local residents in South Korea are temporarily unable to use it.

Web3 infrastructure provider Ankr has now launched Etherlink RPC. Etherlink is a non-accomplice Layer2 public chain that is EVM-compatible, with the core goal of providing a fully decentralized scaling layer. The Etherlink RPC endpoint is a gateway for developers to interact directly with Etherlink. Developers can now access Etherlink's public and premium RPC on the Ankr official website, make request calls, and receive the same information as their own running nodes. Currently, Ankr has provided RPC services for over 80 Blockchains.

According to Wu Shuo's report from the Indian Express, Indian police disclosed that hackers lured CoinDCX employee Rahul Agarwal into installing malware on company computers by offering a part-time bait, thereby illegally accessing the CoinDCX wallet and stealing approximately $44 million (about 384 million rupees) in cryptocurrency assets. This incident was reported to the police on July 22 by CoinDCX's parent company, Neblio Technologies, with the hackers transferring funds to six wallet addresses in the early hours of July 19. The police have arrested Agarwal and initiated an in-depth inves

The latest report from Cornerstone Research indicates that there were 6 cryptocurrency-related class action lawsuits in the United States in the first half of 2025, close to the total number for the entire year of 2024 (7 cases). Among them, Burwick Law initiated 3, including claims against the LIBRA and Pumpfun projects. (Cointelegraph)

According to Wu, OnchainLens monitoring has found that 5 wallet addresses from the Satoshi Nakamoto era (possibly belonging to the same person) consolidated 250 BTC worth $29.64 million into 2 new addresses after being dormant for 15.3 years.

Wu reported that, according to @tomwanhh's data dashboard, Ethena USDe has achieved a continuous rise in daily supply exceeding 80 million USD for 14 days in a row, with a historic single-day net minting increase of 400 million USD on July 23. Currently, the total market capitalization of USDe is approaching 8.4 billion USD.

According to Wu, as reported by the dune official panel, on July 30, the fluid volume reached 1.39 billion USD, setting a new historical record. In the past 7 days, the fluid volume surpassed 5 billion USD, making it the third largest DEX on the entire network, following PancakeSwap and Uniswap.

According to the Daily Economic News, Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China, stated that Hong Kong's "Stablecoin Regulation" is the world's first comprehensive regulatory framework for fiat stablecoins. On a global scale, the regulation has a demonstrative effect on the formulation of stablecoin policies. In his view, after the implementation of the "Stablecoin Regulation", relevant institutions can quickly convert the pilot experiences accumulated in the early stages into actual products, accelerating the formation of the stablecoin

Wu said that Finloop, a subsidiary of Fosun International, disclosed that the company recently completed nearly $10 million in Series A financing, with investors including the Solana Foundation and other Web3 industry organizations. The funds raised will be used to build an RWA business system and enhance the integrated capabilities of fiat, stablecoins, and digital assets.

The Central Bank of Bolivia has signed a memorandum of understanding with El Salvador to promote Crypto Assets as a "reliable fiat alternative." The protocol includes policy cooperation and encryption intelligence sharing, aimed at modernizing the financial system and enhancing financial inclusion. This is another important initiative by Bolivia following the lifting of the encryption ban in June 2024. As of June 30, 2025, the Crypto Assets volume has reached 294 million USD. Bolivia's forex reserves have fallen by 98% since 2014, and some merchants have started pricing goods in USDT. (Cointel

According to Wu, as monitored by Lookonchain, despite the continuous rise in PUMP prices, Machi Big Brother (Taiwanese singer Huang Licheng) has closed part of his long positions at a loss. He currently still holds 4.175 billion PUMP (approximately 13.3 million USD) long orders, with a paper loss of 4.47 million USD.

According to the "Stablecoin Regulations" issued by the Hong Kong Monetary Authority, licensed stablecoin issuers are required to "ensure that they do not issue or offer the specified stablecoin in jurisdictions where trading of the specified stablecoin is prohibited," and that "licensees should implement control measures to mitigate the risks of remote customer identification procedures and location masking (e.g., using virtual private networks, i.e., VPN) during regular operations."

According to Wu, as per SoSoValue data, yesterday (Eastern Time July 30) the total net inflow of Bitcoin Spot ETF was $47.0383 million, continuing a 5-day net inflow. The Bitcoin Spot ETF with the highest single-day net inflow yesterday was Blackrock ( ETF IBIT, with a single-day net inflow of $34.3746 million. Currently, the historical total net inflow of IBIT has reached $57.581 billion.

According to Wu, SoSoValue data shows that yesterday (Eastern Time, July 30), the total net inflow of Ethereum Spot ETFs was $5.7941 million, continuing a 19-day streak of net inflows. The Ethereum Spot ETF with the highest net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $20.2938 million. Currently, the historical total net inflow for ETHA has reached $9.724 billion.

According to Wu, the Web3 game Aria announced the completion of a $5 million financing round, led by Folius Ventures, The Spartan Group, and Beam Foundation, with participation from Animoca Brands and Galaxy Interactive.