Binance will airdrop 3500 EPT tokens to eligible users

According to Tasnim News Agency, a senior Iranian security official stated that Iran views the planned attacks on Iranian infrastructure by the U.S. and Israel as reckless acts. Iran has formulated a comprehensive plan, including targeting critical infrastructure in Israel and U.S. energy infrastructure in the region. Earlier reports noted that U.S. officials said former President Trump ordered a new round of attacks on Iran, aimed at forcing Tehran to surrender, with the operation potentially starting as early as this weekend and lasting several days.

Per Lookonchain’s monitoring, Arthur Hayes deposited 2,364.38 ETH into Cumberland and Galaxy Digital over the past two hours, converting the holdings back to 4.3 million USDC. He sold the ETH at a price of $1,821, resulting in a $241,000 loss, or a 5.3% decline. Prior to this, Hayes had purchased 7,213 ETH at an average price of approximately $1,923, totaling $13.87 million in value.

US Treasury Secretary Scott Bessent’s to-do list, visible on a notepad during President Donald Trump’s cabinet meeting at Camp David on Friday local time, was spotted with an entry reading: “Buy $50-$100 billion in yen”. The photo was taken during the media-accessible segment of the meeting at 11:33 a.m. ET (23:33 Beijing time). Bessent’s nameplate was positioned directly above the notepad, making the entry clearly legible. A US Treasury Department spokesperson declined to comment on the notepad content or whether any intervention measures were taken on Friday. Separately, the Financial Times reported that the US Treasury intervened in the yen exchange rate on Friday local time, marking the first joint direct purchase operation by the US and Japan to support the yen in nearly 30 years. Three sources familiar with the matter disclosed that the Federal Reserve Bank of New York executed an unusual operation on behalf of the Treasury: selling euros to buy yen. Two of the sources stated the transaction was completed through Goldman Sachs and Morgan Stanley. The US Treasury had informed multiple Wall Street banks prior to the action that it was considering yen intervention. The last time the US Treasury intervened to support the yen dates back to 2011, though that operation involved selling yen instead.

Overnight to early morning, US stocks extended their rebound. According to market data from BIT (bit.com), individual stocks showed mixed performance: Amazon surged over 15%, Apple fell more than 10% intraday, closing down 7.35%. Other major tech stocks: Google rose 6.73%, Nvidia gained 2.93%, Meta Platforms advanced 3.28%, Microsoft climbed 3.02%, while SpaceX dropped 3.41%. AI stocks also had mixed moves: US-listed SK Hynix closed down 3.58%, Micron fell 5.93%. MRVL rose 2.32%, leading small-cap CPO-related stocks higher. LITE gained 2.93%, COHR jumped 5.55%. AI stocks held by the "AI stock guru" that had surged over 20% the previous day adjusted broadly: NBIS only rose 1%, while storage stocks also saw widespread adjustments, with SanDisk down over 5%. Separately, per HTX market data, the "FOMC curse" hit crypto markets again on Friday: Bitcoin dropped over 3% overnight, trading at $62,988.10. Ethereum saw a smaller decline, at $1,866.70. On the news front, US officials stated that Trump has ordered a new round of strikes against Iran, aiming to force Tehran's surrender, with operations potentially starting as early as this weekend and lasting several days. Driven by this news, crude oil prices rallied again on trade.xyz: Brent crude traded at $90.574, up nearly 4% in 24 hours.

trade.xyz announced it has completed the compensation distribution for the July 27 SK Hynix contract pricing anomaly, with users receiving their corresponding USDC without any additional action. Compensation is calculated at a reference price of $1,115.5: amounts under 10,000 USDC will be disbursed in full, while amounts exceeding that threshold will first receive 9,999 USDC, requiring users to contact support to complete due diligence by August 15. At 23:01 UTC on July 27, the marked price of SK Hynix tokens plummeted from $1,127.9 to $917.25, triggering mass liquidations of long positions.

Stablecoin issuer Tether released its financial report on Friday, revealing that its excess reserves fell by $4.1 billion in the second quarter compared to the prior quarter. At the end of Q1, USDT’s issuer had reported assets exceeding liabilities by $8.2 billion; that figure has now dropped to $4.1 billion in the latest data. The report also noted Tether posted a $3.2 billion net loss for the first half of this year. With the company having reported $1 billion in net profit in Q1, this implies it likely suffered a loss of over $4 billion in Q2. Year-over-year, Tether’s performance has also weakened notably: its Q2 2025 net profit stood at $4.9 billion, while this year’s Q2 net operating profit was $1.5 billion. Net operating profit typically excludes unrealized gains and losses from price fluctuations in assets like Bitcoin and gold.