James Howells, a British IT professional, stated on the X platform: "For twelve years, I have tried every avenue for communication with Newport City Council, including public proposals, profit-sharing proposals, mediation, legal action, and even a formal offer of over £25 million in Bitcoin, worth $1 billion. Yet, they have ignored all of these proposals. They want me to give up, but I'm no longer seeking permission. Therefore, I will tokenize my entire wallet of 8,000 Bitcoins into 800 billion Ceiniog Coins (INI), each worth one Bitcoin satoshi. This project is based on the Bitcoin network, utilizes OP_RETURN technology, supports Stacks, Runes, and Ordinals protocols, and is expected to launch by the end of 2025." It is reported that James Howells accidentally discarded a hard drive containing 8,000 Bitcoins years ago and has repeatedly attempted to retrieve it from a local landfill.
Binance HODLer Airdrop Now Available: Succinct (PROVE), the 31st Airdrop
According to an official announcement, Binance HODLer Airdrop has launched its 31st project – Succinct (PROVE), a decentralized prover network for universal zero-knowledge proof generation. Users who subscribe to guaranteed principal earning (fixed and/or demand) or on-chain earning products using BNB between 08:00 on July 18, 2025, and 07:59 on July 22, 2025 (GMT+8) will receive the airdrop. HODLer airdrop information is expected to be available within 24 hours, and new tokens will be distributed to users' spot wallets at least one hour before trading begins. Binance will list PROVE at 01:00 on August 6, 2025 (GMT+8) and open trading against USDT, USDC, BNB, FDUSD, and TRY, subject to seed tag trading rules. PROVE deposits will open at 12:00 on August 5, 2025 (GMT+8). *Please note that PROVE will be listed and traded during the Binance Alpha event (time to be announced separately), but will no longer be displayed on Binance Alpha after spot trading opens.
According to on-chain analyst Ember, a whale/institution has accumulated 63,838 ETH ($232 million) through FalconX and Galaxy Digital over the past day. They created three addresses through BitGo's "Wallet Factory," which subsequently received a total of 63,838 ETH ($232 million) from FalconX and Galaxy Digital at an average price of $3,640.
Solana Begins Shipping Seeker Mobile Devices to Over 50 Countries
According to Cointelegraph, Solana Mobile began shipping its second-generation mobile device on Monday, serving users in over 50 countries. Pre-orders for the Seeker phone have exceeded 150,000. It will utilize upgraded technology, a native mobile crypto wallet, and a decentralized app store, bypassing the "crypto censorship" common in today's app stores. The device, currently available in two price points of $450 and $500, is expected to generate at least $67.5 million in total revenue for Solana Mobile, a subsidiary of blockchain technology company Solana Labs. With the Seeker, Solana Mobile will attempt to decentralize the on-device economy and incentive mechanisms through TEEPIN technology.
The White House is preparing to increase pressure on major banks, threatening to fine lenders that terminate customer services for political reasons, according to a Wall Street Journal report. The draft executive order, seen by the outlet, directs bank regulators to investigate whether any financial institution may have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws.
According to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) is exploring how to allow some registered futures exchanges to list leveraged digital assets like Ethereum and Bitcoin. Acting Chairwoman Caroline Pham stated in a press release that "there is a clear and simple solution the CFTC can implement now," referencing a March opinion piece in which she suggested the agency could use its authority to exempt some companies from current rules limiting futures exchanges to listing only derivatives. The regulator has sought public comment on the listing of spot crypto contracts on CFTC-registered futures exchanges by August 18th. This move by the CFTC indicates that it will not wait for Congressional legislation granting it direct regulatory authority over non-securities cryptocurrencies. The Cryptocurrency Market Structure Act, passed by the House of Representatives in July, still awaits Senate consideration. This announcement is the first step in the CFTC's cryptocurrency sprint initiative, launched last week, and follows the release of a key policy document from an interagency task force overseen by the White House, which outlines a whole-of-government approach to regulating digital assets.
Billionaire Adam Weitsman buys over 5,000 NFTs from Yuga Labs
According to The Block, billionaire investor and scrap metal processing company owner Adam Weitsman said he purchased more than 5,000 NFTs from Yuga Labs, including Otherdeeds, Mega Kodas, and Weapon Kodas, to continue expanding his collection. Weitsman said he is making a long-term investment in "Otherside" and promised to "make a series of acquisitions on the public market this year." Weitsman said he hopes his purchase will support Yuga Labs in advancing its metaverse project "Otherside." He wrote: "I have recently seen Yuga Labs refocus and prioritize the development of Otherside. This project is of great significance to the entire field, and I will do my best to help it succeed and benefit everyone."
Hyperliquid's July trading volume hits record high, approaching $320 billion
According to The Block, Hyperliquid achieved an all-time monthly trading volume record of nearly $320 billion in July, a 47% increase from $216 billion in June and a 28% increase from the previous monthly record of $248 billion set in May. Throughout July, Hyperliquid maintained over 75% market share in the perpetual futures DEX space. Furthermore, the Hyperliquid/Binance ratio, which measures the proportion of Hyperliquid's perpetual futures trading volume to Binance's, also reached a new high of 11.89% in July. For reference, Binance's perpetual futures trading volume in July was approximately $2.59 trillion, a 35% increase from the previous month. Meanwhile, Drift, the perpetual futures decentralized exchange on the Solana blockchain, saw a 336% month-over-month increase in trading volume in July, exceeding $14.8 billion.
Phantom acquires Solsniper, the Solana-based meme coin trading platform
According to The Block, crypto wallet Phantom announced its acquisition of Solsniper, the AI-powered meme coin trading platform on the Solana blockchain. Phantom stated, "Solsniper is built for precision and speed, helping traders monitor tokens, track wallets, and react instantly. Phantom is becoming more than just a wallet... As we expand our product line and accelerate our growth, we anticipate further strategic acquisitions. The Solsniper web platform will continue to operate as a standalone service, with additional features and improvements expected in the coming months."
Blockchain lending company Figure has submitted IPO application documents to the US SEC
According to CoinDesk, blockchain lending company Figure Technology Solutions announced Monday that it has confidentially filed an IPO application with the U.S. Securities and Exchange Commission (SEC), with plans to go public later this year. Founded by former SoFi CEO Mike Cagney, Figure has played a key role in the real-world asset (RWA) sector, having issued over $16 billion in home equity lines of credit through the Provenance blockchain. Last month, the company announced its merger with Figure Markets, also founded by Cagney. Figure Markets is a blockchain-based marketplace that has issued a yield-generating stablecoin that operates as a tokenized money market fund (YDLS).
According to The Block, Nevada Democratic Representative Dina Titus sent a letter to Acting CFTC Chair Caroline Pham, requesting an investigation into CFTC Chair nominee Brian Quintenz. Quintenz was awaiting a Senate Agriculture Committee nomination vote, but the vote has been canceled twice in the past month, the second time at the White House's request. Some in the crypto industry have expressed concerns about Quintenz's nomination. Titus noted the controversial position he held on the board of directors of prediction market company Kalshi. Although Quintenz stated he would resign upon confirmation, questions remain. Furthermore, experts discovered through a Freedom of Information Act request that one of Quintenz's partners may have sought non-public information from the CFTC regarding the approval process for one or more "designated contract markets" (DCMs), which, if approved, would compete with Kalshi. Earlier this year, Trump nominated Quintenz to lead the CFTC, which plays a key role in cryptocurrency regulation. If elected, Quintenz would join the CFTC, which is undergoing a leadership transition. Titus emphasized the need for the public to fully understand his involvement in regulating areas of interest, raising concerns about his failure to comply with ethics and conflict of interest regulations.
Ethereum's on-chain recovery in July saw transaction volume approach $240 billion
According to The Block, Ethereum's on-chain transaction volume exceeded $238 billion in July, a 70% increase from the previous month. This was also the highest monthly transaction volume since December 2021, setting a new high in nearly four years. Ethereum network transactions also reached 46.67 million, a monthly record high, up 3.6% from the all-time high in May 2021. The 7-day moving average (7DMA) of the number of transactions on the Ethereum network was also close to its all-time high, reaching 1.64 million, just below the all-time high of 1.66 million in May 2021. The number of active addresses on the Ethereum network reached 17.55 million in July, the highest level since May 2021. With all the positive updates to Ethereum network metrics, the price of ETH also reached a multi-year high, reaching $3,700 by the end of July.
Coinbase Adds Mamo (MAMO) to its Listing Roadmap
Coinbase has officially announced the addition of Mamo (MAMO) to its listing roadmap. Trading launch is contingent on market maker support and sufficient technical infrastructure. Once these conditions are met, a separate announcement will be made.
According to Jinshi, San Francisco Fed President Mary Daly said that given growing evidence of a weakening job market and the lack of signs of persistent tariff inflation, the time for a rate cut is near. Speaking about the Fed's decision last week, Daly said, "I'm willing to wait another cycle, but I can't wait forever." While that doesn't mean a September rate cut is a foregone conclusion, she said, "I would tend to think of every future meeting as an immediate meeting to consider policy adjustments." Daly said that two 25 basis point rate cuts this year still appear to be an appropriate readjustment, and what matters is whether rate cuts are made in both September and December, not whether they occur at all. "If inflation picks up and spreads, or if the labor market picks up, we could certainly cut fewer than two times, but it's more likely that we'll have to do more than two," Daly said. "If the labor market appears to be entering a period of weakness and we don't see inflation spillover, we should be prepared for more rate cuts."
Barry Silbert Returns as Chairman of Grayscale, to Drive IPO Plans
According to The Block, Barry Silbert has returned to Grayscale, the crypto asset management company he founded, replacing Mark Shifke as chairman, to advance the company's SEC-filed IPO plans. Grayscale has also brought on four senior executives from traditional finance: former Bridgewater executive Diana Zhang as COO, former Apollo executive Ramona Boston as CMO, former Goldman Sachs executive Andrea Williams as CCO, and former Citadel executive Maxwell Rosenthal as CHRO. The company currently manages over $35 billion in assets and is considering adding independent directors.
Trump says he will significantly increase tariffs on India
According to CCTV News, US President Trump posted on his social media that India not only purchased large quantities of Russian oil, but also sold most of it on the open market for huge profits. Trump said he would significantly increase the tariffs that India pays to the United States.
Grayscale's three addresses simultaneously transferred over 880 BTC to Coinbase
According to Arkham on-chain data, at 9:20 PM Beijing time, three Grayscale addresses transferred a total of 886.39 Bitcoin to Coinbase Prime, worth approximately $101 million at the time. Two Bitcoin Trust addresses transferred 196.57 and 393.14 BTC, respectively, while Bitcoin Mini Trust transferred 296.68 BTC.
Sharplink Gaming increased its holdings by 18,680 ETH, bringing its total holdings close to 500,000.
According to Onchain Lens, Sharplink Gaming recently purchased another 18,680 Ethereum, worth approximately US$66.63 million, and its strategic ETH reserves increased to 498,884, which is approximately US$1.8 billion based on the current market value.
Bullish to raise $629 million through IPO, valued at $4.2 billion
According to Axios, digital asset exchange Bullish and its subsidiary crypto media outlet CoinDesk have filed for an IPO with the U.S. Securities and Exchange Commission (SEC). The exchange plans to offer 20.3 million shares at a price range of $28 to $31 per share, raising a maximum of $629 million and valuing the company at approximately $4.2 billion. Bullish primarily trades spot, leveraged, and derivatives products, and provides liquidity services to stablecoin issuers. In the first quarter of 2025, the company reported digital asset sales of $80.2 million and a net loss of $349 million. In 2023, Bullish acquired CoinDesk for $72.6 million.
Google's AI Futures Fund invested in STAN, a Singapore-based Indian social gaming platform, in an $8.5 million equity round. Aptos Labs, Bandai Namco 021 Fund, Square Enix, Nazara, King River Capital, General Catalyst, and GFR Fund also participated. STAN has raised approximately $15 million in total funding and has 25 million downloads and 5.5 million monthly active users.
OpenMind, a Silicon Valley-based intelligent machine infrastructure company, announced that it has completed a $20 million financing round led by Pantera Capital, with participation from Ribbit, Sequoia China, Coinbase Ventures, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, Amber Group and other institutions and several well-known angel investors.
Verb Technology Company (Nasdaq: VERB) announced the completion of approximately $558 million in a private placement (PIPE) financing. The company, in partnership with Kingsway Capital, will establish the first publicly listed Toncoin ($TON) treasury company. The company plans to change its name to TON Strategy Co. (TSC), and the majority of the proceeds will be used to acquire $TON, becoming one of the world's largest $TON holders. The transaction is expected to close on August 7th. TSC will use $TON as its primary reserve asset and generate returns through staking. Over 110 institutions, including Kingsway Capital, Vy Capital, and Blockchain.com, participated in the investment.
Ether Machine purchased another 10,600 ETH, bringing its total holdings to over 345,000 ETH
According to GlobeNewswire, Ether Machine announced that its subsidiary, The Ether Reserve LLC, increased its holdings by 10,605 ETH at an average price of $3,781 per ETH, bringing the total amount of ETH purchased and committed to holding since its inception earlier this month to 345,362. This increase was funded by a previous $97 million private placement. Ether Machine stated that it will continue to optimize ETH returns through staking and re-staking, and plans to provide infrastructure services to institutions and the Ethereum ecosystem.
GameSquare increased its holdings by 2,717 ETH, bringing its total holdings to 15,630 ETH
According to Solid Intel, GameSquare purchased 2,717 Ethereum at a cost of US$10 million and now holds a total of 15,630 ETH, which is worth approximately US$55.58 million based on the current market value.
Bitmine holds over 833,000 ETH, worth nearly $3 billion
According to Solid Intel, Tom Lee's Bitmine currently holds more than 833,000 ETH, with a total value of nearly US$3 billion.
According to PeckShield, CrediX_fi was compromised today due to a breach of the administrator account 0xF321. Hackers exploited the account's BRIDGE privilege to withdraw and lend assets from the pool, resulting in a loss of approximately $4.5 million. The attack also involved the minting of uncollateralized acUSDC (Credix Market Sonic USDC) tokens.
According to the Financial Times, Chinese tax authorities recently notified taxpayers to declare and pay taxes on their overseas income. Individuals' income from overseas stock transactions is subject to a 20% personal income tax rate and must be reported in the following year. Tax authorities allow taxpayers to offset profits and losses within a year, but do not support cross-year deductions. Failure to report truthfully will result in the requirement to pay back taxes and late payment fees, and serious violations may result in penalties. Tax authorities are strengthening oversight of overseas income through measures such as the CRS.
Binance Alpha will list Superp (SUP) on August 5th
Binance Alpha will be the first platform to list Superp (SUP) on August 5th. Eligible users can redeem Binance Alpha Points for the SUP airdrop after trading opens via the Alpha Events page.
Binance Alpha to List Succinct (PROVE) on August 5th
Binance Alpha will list Succinct (PROVE) on August 5. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after Alpha trading opens.
Binance to Launch the 30th HODLer Airdrop Project, Towns (TOWNS)
Binance has officially launched the 30th HODLer airdrop program, Towns (TOWNS), a private group chat open protocol supporting on-chain membership. From 00:00 (UTC) on July 14, 2025, to 23:59 (UTC) on July 17, 2025, users who subscribe to Simple Earn (flexible and locked) and/or On-Chain Yields products will receive TOWNS airdrops. TOWNS will be available for trading against USDT, USDC, BNB, FDUSD, and TRY on Binance at 14:30 (UTC) on August 5, 2025, and will be tagged with a Seed token. The circulating supply of TOWNS at launch was 2.109 billion, representing 20.83% of the total token supply of 10,128,177,374.
