SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

According to The Business Times, crypto hedge fund Three Arrows Capital (3AC), which is in liquidation, is suing co-founder Zhu Su’s wife Evelyn Tao Yaqiong to recover proceeds from the sale of a Dubai property worth approximately 146 million dirhams (around $40 million). Liquidators claim the property was purchased in June 2022, about three weeks before 3AC entered liquidation, for roughly 110 million dirhams (about $30 million), with funds suspected to have come from a $50 million cryptocurrency loan Zhu Su received from 3AC. In October 2023, while Zhu Su was serving a sentence in a Singapore prison, he transferred the property’s ownership to his wife, who then sold it in January 2024 for around $40 million. 3AC’s liquidators allege Zhu Su transferred the property to shield assets from creditors and liquidators, and accuse him of breaching fiduciary duty by diverting company funds to buy the asset. Zhu Su’s wife denied the allegations, stating she was unaware of the fund source or Zhu Su’s alleged violations, and claimed the property was a personal gift to her. She also noted the couple had separated as early as 2022, asserting her right to the sale proceeds. Three Arrows Capital collapsed in 2022 amid the crypto market crash, currently owes creditors over $3 billion, and its liquidators had previously sought to recover around $1.3 billion in assets from the two founders.

CryptoQuant analyst Darkfost noted in a post that Binance’s Whale Inflow Ratio has climbed to 0.52, hitting a 4-month high. Bitcoin is currently trading in a narrow range between $60,000 and $65,000, with whale activity intensifying markedly relative to retail and small traders. Whales are sending more BTC to Binance than other market participants, adding to Bitcoin’s selling pressure. Historically, spikes in this ratio have occurred at both market tops and bottoms, paired with panic and capitulation sell-offs. Given the current low-volatility environment, the indicator is likely to revert to normal quickly once this phase passes. Going forward, we need to monitor whether this trend persists.

According to official announcements, OKX’s Flash Earn Lite will launch a "Stake to Earn" campaign for RE (Re Protocol) from 15:00 (UTC+8) on August 11, 2026, to 15:00 (UTC+8) on August 17, 2026. During the event, users can participate in the subscription by locking BTC, RLUSD, OKB, or RE tokens, and will split 700,000 RE tokens as airdrop rewards. Additionally, users can join the subscription early starting today; rewards will be counted from the official start of the campaign. Users can view and participate in the activity via the "Flash Earn" entry at the top of the OKX App’s Explore page.

According to BIT (Bit.com) market data, the US stock memory sector is lower in pre-market trading, with SK Hynix’s decline widening to 3.5% and Micron Technology falling 2%.

According to CertiK’s monitoring, two transactions of 200 ETH each linked to the Coldcard attack incident were sent to Tornado Cash. The funds were first cross-bridged from BTC to an ETH address starting with 0x41B7 via THORChain, before being transferred to Tornado Cash.

J.P. Morgan raises SpaceX's target share price from $225 to $240.