According to crypto analyst Ai Yi (@ai_9684) and xtpa, Hack VC, a participating investor in MYX Finance, quickly cashed out after unlocking its airdrop today, causing a sharp price correction for MYX. Over the past seven hours, Hack VC received 1,279,890 MYX (worth approximately $2.157 million) from the airdrop claim contract and transferred it to two addresses: 1: Address 1: sold 445,000 MYX at an average price of $1.68, cashing out approximately $747,000; 2: Address 2: Deposited 835,000 MYX to MEXC, which is worth approximately $1.482 million based on the price of $1.77 at the time of deposit. Previous news: MYX briefly fell below $1, with the largest drop exceeding 50% in two hours

Odaily Planet Daily News: According to Washington, D.C. police, a 19-year-old man nicknamed "Big Balls" was attacked in Washington last weekend. He played a key role in the "Department of Government Efficiency" (DOGE) initiative to reduce the size of government and currently still works in the government. Edward Coristine was attacked by a group of about 10 teenagers around 3 a.m. Sunday near Dupont Circle, according to a police report. Trump posted a photo on his social media platform showing Christine shirtless with what appeared to be blood on his face, body, and pants. He called for a law change so the teenager who attacked him could be prosecuted as an adult. He wrote, "Perhaps this should have been done long ago so that this wonderful young man, and so many others, would not have to experience the horrors of a violent crime."

Odaily Planet Daily reported that the official account of the Ministry of State Security of China pointed out that there have been public cases showing that a foreign company induced global users to provide iris information by issuing cryptocurrency tokens and transferred related data sources, posing a potential threat to personal privacy and national security.

According to Odaily Planet Daily, Lorien Gabel, co-founder and CEO of staking service provider Figment, stated in an interview with Bloomberg that changes in the US regulatory environment are positive signals for Ethereum and the entire crypto industry. The passage of the Market Structure Act, in particular, will help clarify Ethereum's role and use cases. He noted that record stablecoin trading volumes and increased Ethereum transaction processing capacity support bullish prices. He also emphasized the critical role of staking mechanisms within the Ethereum network and believes that crypto technology offers a bottom-up alternative to the financial system, a fact increasingly evident under the new administration. He also noted that crypto assets are gradually addressing some of the risks inherent in the traditional financial system. (Bloomberg)

1. The "whale with a 75% win rate in four ETH battles" continued to increase its position in the early morning, now holding $252 million in ETH short positions; 2. Robinhood listed BONK, PENGU, PNUT, and XLM; 3. China Development Press published a popular science book on stablecoins, "Stablecoins: A Key Issue for Every Ordinary Person"; 4. MYX briefly fell below $1, with the largest drop exceeding 50% within two hours; 5. Data: Corporate crypto asset reserves exceed $100 billion; 6. A wallet associated with Fidelity deposited 14,978 ETH into Coinbase; 7. Hong Kong triad leader "Xi B" was arrested on suspicion of laundering HK$40 billion, part of which was used to purchase virtual assets; 8. CEA Industries completed a $500 million private placement and will be renamed "BNB Network Company"; 9. Galaxy plans to issue tokenized stock GLXY; 10. SOL Strategies: 396,717 SOL as of the end of July; 11. SharpLink: Currently holds 521,939 ETH; 12. BlackRock transferred 101,975 ETH and 2,544 BTC to Coinbase Prime; 13. The White House cryptocurrency report recommends that Bitcoin mining profits be taxed when they are sold; 14. Greeks.live: ETH traders are watching key levels like $4,000 and $3,582. 15. MEI Pharma purchased 929,548 LTC and launched a Litecoin treasury strategy in partnership with GSR; 16. Trump claims JPMorgan Chase and Bank of America discriminated against him; 17. Trump reiterated his allegation that labor statistics are manipulated; 18. Tether CEO: The cost of sending USDT accounts for 40% of the total on-chain costs; 19. Bank of China (Hong Kong) announced the completion of the second phase of testing for the digital Hong Kong dollar; 20. Fundamental Global completed a $200 million private equity financing round, with participation from Galaxy Digital and others; 21. Hong Kong may explore the application scenarios of stablecoins in the taxi market.

According to Bitget market data from Odaily Planet Daily, PROVE briefly broke through $1 and is now trading at $0.97, with a daily increase of 224%.