Bitcoin broke through $63,000 this morning, erasing all losses from the end of June, with XRP leading gains among major cryptocurrencies.

According to YuEjin Monitoring, tokens unlocked and transferred from the TRUMP meme coin’s team address yesterday have entered centralized exchanges (CEXs). Specifically, 13.8 million TRUMP tokens, valued at $21.94 million, were transferred into Binance, OKX, and Kucoin 15 minutes ago.

According to South Korean media outlet Daum, U.S. investment firm Bain Capital is expected to generate around 2.5 trillion yen in investment proceeds from selling most of its stake in Japanese storage chip maker Kioxia, marking one of the highest returns on a private equity (PE) deal in Japan. With Bain Capital’s exit, Kioxia’s largest shareholder has reverted to Toshiba, which holds a roughly 15% stake; SK Hynix, via convertible bonds held by a special purpose company (SPC), has become the de facto second-largest shareholder, with an approximate 14% stake. However, since SK Hynix has not yet converted the convertible bonds into shares, it does not currently hold formal shareholder voting rights, and the conversion will only be completed after obtaining antitrust approvals from relevant countries. SK Hynix previously invested around 395 billion yen in the relevant SPC via convertible bonds, and has committed to not holding more than 15% of Kioxia’s voting rights by 2028. Market observers note that amid intensifying global competition in the storage chip sector, Kioxia’s complex shareholding structure and potential changes to SK Hynix’s stake will be key variables in Japan’s semiconductor industry strategic layout.

China Asset Management announced that Changxin Technology will list on the Shanghai Stock Exchange STAR Market on July 27, 2026. Some of its exchange-traded funds (ETFs) will participate in the company’s online and offline share subscriptions, and will value the stock at an issue price of RMB 8.66 per share ahead of listing. As the first five trading days of listing carry no price fluctuation limits, resulting in sharp stock price swings, and the ETF’s Indicative Optimized Portfolio Value (IOPV) only reflects the issue price, not market price fluctuations, there may be a gap between the IOPV and the fund’s net asset value on the first trading day. The firm reminds investors to pay attention to related risks.

Iran has announced it is suspending retaliatory strikes after the U.S. halted its own military operations for the second consecutive night. An Iranian military spokesperson warned that any renewed U.S. attacks would escalate the conflict, as fighting has spread to the Strait of Mandeb.

In response to the successive closures of BitMEX and BitMart, crypto researcher Haotian stated that this is not a simple case of centralized exchange (CEX) implosions signaling a bull market, but rather an active reshuffle driven by fierce competition among CEXs under the global compliance trend. Haotian pointed out that CEXs’ competition has shifted to compliance requirements such as licensing, proof of reserves, and KYC/AML, while actively expanding TradFi (Traditional Finance) assets like tokenized US stocks to open up new revenue streams—but this also means the gradual erosion of pricing power in traditional crypto trading. "Small and medium-sized exchanges must find a differentiated positioning to survive: either deepening regional licensing and localized services to exploit regulatory arbitrage, focusing on specific niche products such as TradFi assets, perpetual contracts (Perps), and RWAFi (Real-World Assets Finance), or fully embracing crypto-native innovation narratives—including DeFi, the Agentic Economy, and MEMEs—with the support of crypto-native communities to weather market cycles. In any case, continuing homogeneous cutthroat competition will only accelerate the elimination wave, though it’s not all bad to clear out some less competitive players."

Binance’s Chief Security Officer Jimmy Su stated that the crypto exchange conducts internal red team testing on a monthly basis to evaluate employees’ overall security awareness. Test scenarios include impersonating recruiters, sending free meeting invitations, and tricking staff into submitting personal information. Employees who fail the tests are required to complete corrective training, and the results will be factored into their performance evaluations. Those who fail multiple times seriously may face termination. Note: Red team testing (or red teaming) is a security assessment method that simulates real attackers, mainly used to verify the overall defense capabilities of organizations, systems, networks or personnel against advanced, persistent threats. (Cointelegraph)