Nancy Jones, the widow of country music singer George Jones, accused Kirk West of stealing her assets worth $17 million in XRP, Ether, and SHIB, claiming his tactics targeted wealthy vulnerable women. Kirk West has been detained, with a hearing scheduled for October 23.

The monthly volume of SUI has surpassed the total of AVAX, HYPE, and NEAR, reaching 44.59 billion USD. The surge in volume coincides with the launch of BTCfi on DeepBook and the record growth in TVL. As of the time of publication, according to data from CoinMarketCap, Sui [SUI] has fallen by 4% in the past 24 hours. This drop, following a brief rise earlier this week, reflects the overall sentiment in the Crypto Assets market. SUI once soared to a local high of 4.40 USD; despite the pullback, on-chain volume remains strong. Data from CoinGecko shows that SUI's volume continues to rise. However, behind such impressive volume, traders seem to be exiting—what is happening?

This afternoon at 16:00, AiCoin will conduct a live broadcast on "Three Tricks of Coin Rubbing", sharing solid and steady Crypto Assets investment strategies, including funding fee Arbitrage, DCA in high Fluctuation markets, and custom indicator analysis, suitable for all investors. You are welcome to make an appointment to watch and enjoy member discounts.

The Fed maintained the interest rate at 4.25%-4.50% during the July FOMC meeting, marking the fifth consecutive time of "holding steady". Chairman Powell warned that the "tariff inflation effect is beginning to show", hinting that inflation may continue to rise in the coming months, leading to a sharp decline in the expectation of a rate cut in September. Market panic triggered a flash crash of Bitcoin to $116,000 (with a daily drop of over 1.5%), and the dollar index soared to a three-month high. Analysts pointed out that if tomorrow's PCE inflation data exceeds expectations, the crypto market may face a deeper pullback.

From July 2 to July 22, Bitcoin miners' reserves steadily increased, reflecting the accumulation of Bitcoin. On July 14, the price of the coin surged to a historic high of $122,054. At that time, miners seemed confident in Bitcoin's bullish momentum, holding onto their profits in anticipation of further price increases. However, since reaching the peak, Bitcoin has struggled to maintain its upward momentum. Consequently, miners have started to sell their holdings to lock in profits. This shift brought new resistance to Bitcoin in August and sparked market attention regarding its future trends.

In recent years, stablecoins have risen in cross-border payments, providing a more stable means of value transfer. Although Ripple has been affected by legal issues, stablecoins like USDC and USDP are gradually integrating into TradFi, possessing instant settlement capabilities and are expected to increase their market share. The widespread adoption of stablecoins still needs to prove their efficiency and compliance.

Author: TEDAO

Introduction:

With the rising popularity of Ethena, a crowded arbitrage chain is operating at high speed: collateralizing (e/s) USDe to borrow stablecoins on Aave, buying Pendle's YT/PT to earn returns, and partially supplying PT back to Aave to leverage the position, in order to gain Ethena points and other external incentives. The results are evident: the collateral exposure of PT on Aave has sharply increased, with the utilization rate of mainstream stablecoins pushed to over 80%, making the entire system more sensitive to any fluctuations.

This article will deeply analyze the operation of this capital chain, its exit mechanism, and the risk control designs of Aave and Ethena. However, understanding the mechanisms is just the first step; true mastery lies in analyzing the upgrades of the framework. We often tend to use data to segment.

PENGU, CKB, and SPA lead the week’s trend surge with 5x–10x increases in visibility on CoinMarketCap.
Mid-cap and niche tokens dominated the trend list, indicating shifting retail focus and possible early altseason behavior.
Engagement-driven gains, rather than price or TVL alone, fueled ranking b

What happened in the past 24 hours? Let's take a look at the one-image recap of "Ai&Meme Daily"!
🗓Update on 7/31:
The market is volatile, and altcoins are collectively bleeding.
$CHILLHOUSE NFT issuance skyrockets by dozens of times
Letsbonkfun's market share has reached 78%.
⚠ Reminder: PVP is high risk, gamble cautiously, and be sure to DYOR!

U.S. Senator Cynthia Lummis (R-WY) expressed her appreciation to the President's Digital Asset Market Working Group on July 30, calling the group’s latest report a significant advancement for the U.S. in financial innovation leadership. As the Chair of the U.S. Senate Digital Asset Banking Subcommittee, Lummis stated, "I am very pleased that we finally have a president who understands the transformative power of digital assets and distributed ledger technology in building the financial future of America. Since taking office in 2021, I have been studying many of the proposals put forth in President Trump’s report, and I look forward to working with him to implement these transformative policies." She also wrote on social media platform X, "This is the year of digital assets." This declaration not only highlights America’s policy shift in the Crypto Assets sector but also signals that Crypto Assets legislation will reshape the market landscape.

Telegram founder Pavel Durov stated yesterday (30th) on his personal channel that a user who spent 350,000 USD a few years ago to buy the Telegram username "@crypto" has recently received an offer of up to 25 million USD, marking an increase of up to 70 times. (Background: Telegram founder Pavel Durov appeared in court for the third time in France: denying all criminal charges) (Additional background: Telegram founder makes a will, distributing 17.1 billion USD wealth among 6 children and 100 sperm donors: fearing disputes over inheritance after death) It’s incredible that a Telegram username can be sold for 25 million USD! Global instant messaging giant Telegram founder Pavel Durov stated yesterday (30th) on his personal channel that a user who spent...

Ethereum (ETH) price broke below $3,800 on the occasion of its tenth anniversary, retreating after touching $3,900 earlier this week. Despite global traders still following the psychological barrier of $4,000, the latest on-chain data suggests that this wave of pump may not be as strong as it appears. Although ETH has risen more than 50% in the past month, it has only increased by 2% in the past week and is starting to show cracks. The current market landscape has raised concerns about a bull trap, which could trap investors getting on board later.

The financial reports released by Meta and Microsoft show that both companies performed strongly, with revenue and profits exceeding expectations, while also increasing capital expenditures on AI. Meta has adjusted its capital expenditure for 2025 to between $66 billion and $72 billion, while Microsoft expects to reach $30 billion this quarter. This highlights the intensifying AI race, but the high investments may also bring profit pressure, necessitating ongoing attention to future developments.

Riding the wave of the market rebound in July, Solana has once again established its dominance as a highly resilient large-cap altcoin. Following the upward momentum of Bitcoin, the price of SOL briefly broke through the $200 barrier, reaching a cycle high of $206.19 on July 22. This price surge triggered a spike in on-chain activity within the Solana ecosystem, boosting its Total Value Locked (TVL) in DeFi, DEX trading volume, and overall on-chain revenue. However, signs of weakness are beginning to emerge. SOL has fallen back below the $190 mark, facing selling pressure, indicating that investors may be rotating out after locking in July's gains. What can we expect for Solana in August? Will its strong momentum continue?