U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

KuCoin announced today that its Artificial Intelligence Management System (AIMS) has officially obtained ISO/IEC 42001:2023 international certification, further strengthening the company’s systematic capabilities in the responsible deployment, governance, and continuous improvement of artificial intelligence. This certification is the world’s first international standard for AI management systems, providing an internationally recognized management framework for enterprises to establish, implement, maintain, and continuously improve their AI management systems. The certification covers KuCoin’s AI management system and related support functions, further promoting the transparent, secure, and responsible application of AI in platform operations. As AI increasingly penetrates digital financial scenarios including risk control, anti-money laundering, fraud detection, market monitoring, intelligent customer service, and platform operations, KuCoin is continuously advancing AI innovation in parallel with credible governance. This certification further enhances KuCoin’s trust framework, working alongside standards such as ISO/IEC 27001, SOC 2 Type II, and ISO 22301 to build a trusted infrastructure covering information security, operational reliability, business continuity, and AI governance.

According to Lookonchain’s monitoring, whale address 0x4cee sold 5,250 ETH (valued at approximately $11.76 million), netting a profit of around $1.76 million. Whale address bc1qqt sold 550 BTC (worth roughly $39.43 million), generating a profit of about $4.5 million.

The market is pumping, but gambler 0x2E88 is betting against it, shorting 9,346 $ETH ($21.43M) on @Aster_DEX. He is already sitting on an unrealized loss of $1.63M(-60.83%).

According to on-chain analyst Ai Yi (@ai_9684xtpa), the trading account "10 Big Goals First" has fully closed all its short positions in BTC and ETH worth $222 million via stop-loss orders, taking a loss of $6.283 million. The account made $13.04 million from long positions yesterday, but today's short trades erased $6.28 million of those gains, resulting in a net profit of $6.76 million for this round of long-short trading.

Liquid Capital (formerly LD Capital) founder Yili Hua wrote in an article that he had repeatedly emphasized earlier that July to August could be the final bottom-hunting window. Based on Bitcoin’s historical decline patterns, after the end of the previous rally and the third stage of decline, BTC has rebounded strongly to break through the $68,000 mark, which may signal the end of the crypto market’s bear cycle. Investors should not attempt to catch the exact bottom at a specific price point, nor should they try to short in the bottom range. He noted that the two most noteworthy things moving forward are: how to operate in the new bull cycle to maximize returns, and seizing development opportunities in the AI sector at other times.

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), the trading account "First Set 10 Big Goals" has fully closed all its BTC and ETH short positions worth $222 million via stop-loss, incurring a loss of $6.283 million. Long positions opened yesterday generated a profit of $13.04 million, while today’s short positions gave back $6.28 million in profits, resulting in a net profit of $6.76 million for this round of long-short trades.