Hong Kong now requires licenses for companies issuing/promoting fiat-backed stablecoins to retail investors, starting Aug 1st. New rules from the HKMA focus on reserve management, AML, consumer protection & financial stability. More via Decrypt.
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Winklevoss raises “serious concerns” about CFTC chair nominee Brian Quintenz, citing potential conflicts of interest (a16z, Kalshi) & alleged seeking of non-public info. White House reportedly requested a Senate vote delay amid crypto regulation worries.
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Riot Platforms reports a $220M net profit in Q2 2025, reversing a prior loss, but mining costs surged 93% YoY to a record high. Produced 1,426 BTC & holds 19,273. Investing $77M in AI/HPC. Stock down ~5% after-hours. #BitcoinMining #RiotPlatforms #AI
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Bitcoin spot ETFs saw a $115M outflow on July 31st – the first in 5 days, per SoSoValue. IBIT & EZBC saw inflows ($18.62M & $6.78M), but ARKB led with $89.92M outflows. Total AUM remains strong at $152.06B with $549.92B cumulative inflows.
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Ethereum spot ETFs keep drawing investment! 🎉 $16.99M flowed in yesterday, marking 20 straight days of net inflows. BlackRock’s ETHA & Fidelity’s FETH led gains, though Grayscale’s ETHE saw some outflows. Total AUM: $21.51B, cumulative inflows: $9.64B. #Ethereum #ETF #crypto
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Binance's BNSOL TVL hits $1.79B, locked from 10M SOL & trusted by 180k+ users! 🎉 Rapid growth in a year shows strong adoption within the #Binance ecosystem. 🚀
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Big ETH whale is back buying! 🐳 After $74M in profit from previous trades, they just purchased 20,000 ETH (~$74M) following the dip. They see this as a buying opportunity & are bullish on $ETH despite market volatility. Currently holds 40,000 ETH. #ETH #crypto
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Crypto markets down 2-6% amid tariffs & uncertainty, but SocialFi (+1.65%) & MemeCore (+17.75%) defy the trend! TON up 2.39%, while BTC dips below $116k & ETH to $3.7k. Investor interest remains strong in community-driven projects. #crypto #SocialFi #MemeCore
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ChainOpera AI hits 300K paid users (2M+ total)! 🚀 This AI Agent platform aims to be an “AI-powered WeChat” – a social network of AI friends built *by* the community. It uses blockchain for ownership & rewards. Huge growth shows demand for AI social experiences! #AI #Web3 #SocialAI
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China will accelerate AI commercialization nationwide, following State Council approval. The NDRC will boost policy support, focusing on practical implementation & leveraging China’s strengths in industry, market size & data. Key areas: computing power, talent & AI security. #AI #China
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