Citigroup forecasts short-term gold target price at $4,500

ETH Zurich spin-off startup ZuriQ has announced the completion of a $25.5 million seed round. The company is dedicated to developing a novel quantum chip architecture, which is claimed to offer stronger scalability than existing solutions, and is expected to accelerate the large-scale development of the quantum computing sector.

According to South Korea's Seoul Economic Daily, amid the continued downturn in the South Korean stock market, domestic investors have once again shifted to US equities, with net purchases exceeding 5 trillion won this month. Data from Seibro, the securities information portal of the Korea Securities Depository & Clearing Corporation, shows that between the 1st and 27th of this month, South Korean investors' net purchases of US stocks totaled $3.58999 billion, roughly 5.5 times the net purchases for the entire month of June. As of the 23rd, net purchases stood at only $2.53026 billion, but rose by $1.05973 billion in the subsequent two trading days. Retail investor funds are mainly concentrated in semiconductor and technology stocks. The most purchased product this month is the Direxion Daily Semiconductor Bull 3X ETF, which tracks the Philadelphia Semiconductor Index, with net purchases reaching $1.75919 billion. SK Hynix ADRs have also remained highly sought-after, with net purchases climbing to $812.38 million as of the 27th.

According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net outflow of $11.6 million yesterday. BlackRock’s IBIT recorded a net outflow of $8.8 million, while Fidelity’s FBTC posted a $2.8 million net outflow; all other Bitcoin ETFs had zero net flows for the day. U.S. spot Ethereum ETFs, meanwhile, saw a total net inflow of $11.7 million yesterday. BlackRock’s ETHA accounted for the full $11.7 million daily net inflow, with all other Ethereum ETFs registering zero net flows for the day.

Solana Optimistic Network (SOON) announced that the security incident detected on July 12 has been fully investigated and resolved. The incident did not involve vulnerabilities in the SOON protocol, sequencer, or user-facing smart contracts, and no user funds were lost. SOON noted the root cause was a security issue in its off-chain operational environment. According to third-party security firm BlockSec, external attackers gained unauthorized access via a misconfigured service, then penetrated parts of the internal environment due to insufficient access controls. The incident was limited to certain operational infrastructure and related processes, with no impact on on-chain user assets, user smart contracts, or SOON network security. Post-incident, SOON suspended its sequencer and some services and launched a full security review. During this period, functions including NFT minting, token claiming, and on-chain withdrawals were temporarily disabled. SOON restored NFT minting and token claiming on July 21, and resumed mainnet RPC services and block production on July 27. The network has now returned to normal operation.

According to an official announcement, Binance’s Flash Swap will undergo scheduled system maintenance at 07:30 (GMT+8, East Eight Zone Time) on August 2, 2026. During the maintenance window, users will be unable to place new Flash Swap orders or limit orders. Existing recurring investment orders may be skipped due to the system upgrade, and the maintenance is expected to be completed within one hour.

Per official announcement, Binance will discontinue support for the Sophon (SOPH) mainnet and enable SOPH deposits and withdrawals via the Ethereum (ERC20) network. The announcement states that starting August 4, 2026, at 08:00 UTC, Binance will suspend SOPH mainnet deposit and withdrawal services. Following the migration, the Sophon mainnet will no longer be used for deposit and withdrawal activities. Binance noted that it will handle all technical operations required for the migration, and spot, leverage, contract trading, and Binance Earn services will remain unaffected. During the migration, SOPH will be migrated at a 1:1 ratio from the Sophon mainnet to the Ethereum (ERC20) network. Users do not need to take manual action, but should monitor subsequent network adjustments for deposits and withdrawals.