Binance will list Jersey Mike (JMKE) on its stock trading platform today.

China Business Journal issued a statement noting: "Recently, our organization has discovered that criminals are impersonating the 'China Business Journal' to send emails to some enterprises via non-official company email accounts, falsely claiming to have obtained major negative information about the enterprises through so-called 'undercover probes', and threatening that if payment (in Bitcoin) is not made, the relevant 'undercover investigation articles' will be published." The China Business Journal emphasized that all its news reports strictly abide by national laws and regulations, and all interviews and communications are conducted through official channels. Such acts are suspected of fraud. The paper has closely monitored the situation and collected evidence, reserving all rights to pursue legal liability. The statement reminds relevant enterprises to stay vigilant: if they receive such impersonation emails, do not make any payments, immediately save all evidence and report the incident to the local public security organ.

According to Aave founder Stani Kulechov, following a comprehensive review, Aave will phase out 50 low-utilization asset reserves across multiple deployment environments, and orderly terminate deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, involving an additional 25 asset reserves. Additionally, 21 expired Pendle Principal Token (PT) assets will also be phased out and replaced with newly expiring assets. The adjustment covers approximately $98.1 million in supplied assets and $15.6 million in debt. Stani stated that the move aims to reduce the protocol’s economic and technical risks in line with Aave’s new risk framework and technical asset listing framework, adding that Aave will continue to conduct risk assessments on assets across all deployment environments going forward.

TD Cowen cuts Qualcomm (QCOM) price target from $225 to $175.

In the afternoon of China's A-share trading session, the storage chip sector rebounded after hitting a low. Demingli surged straight to its daily limit, while individual stocks including BYVTEK, InnoGrit, Ingenic Micro, and Puya Semiconductor rallied rapidly. Changxin Technology also bounced back in the afternoon; it had earlier fallen by more than 6.5%, and as of press time, its trading volume has exceeded 30 billion yuan.

According to Bitget market data, UK FTSE 100 Index futures fell 0.95%, Euro Stoxx 50 Index futures remained flat, and German DAX Index futures dropped 0.3%.

After a sharp plunge in South Korea’s stock market, pressure from leveraged funds has begun to surface. Data from the Korea Financial Investment Association (KOFIA) shows that as of the latest disclosure on July 28, South Korean stock market “reverse trading” figures cover this Monday and Tuesday (July 27 and 28). Specifically, the actual reverse trading volume hit 22.961 billion won on July 27 and 13.89 billion won on July 28, totaling roughly 36.851 billion won over the two days. Reverse trading typically refers to the forced sale of related stocks by securities firms when investors fail to top up settlement funds or margin on schedule, and is widely viewed in the market as an indicator of liquidation pressure. Meanwhile, the scale of unsettled funds in South Korea’s stock market has continued to rise: unsettled funds for order transactions stood at 1.078 trillion won on July 27, climbing to 1.224 trillion won on July 28, signaling that investors’ funding chain pressure is still building after the market’s sharp decline.