Former Vice Chairman of the China Securities Regulatory Commission Fang Xinghai is under investigation.

According to HTX market data, Bitcoin plunged sharply ahead of the US stock market open, falling more than 0.6% in nearly 10 minutes after 9 PM, and is currently trading at $64,395.54. Earlier, prominent trader Killa (@KillaXBT) noted, “Binance’s crash protection team is back. Typically, when large bid orders start clustering just below the price level, market makers and algorithms tend to temporarily front-run them.” His screenshot shows multiple horizontal lines forming below Bitcoin’s current price starting around $62,000, with the densest and most obvious buy wall appearing near and below $58,000. A similar scenario occurred during the market-wide crash night on June 6.

According to community reports, Nvidia CEO Jensen Huang has reportedly registered an account on X. Nvidia’s official account NVIDIA AI has followed this account. Public records show Huang did not previously hold an X account, and has long primarily communicated or appeared via Nvidia’s official account (@nvidia), rarely managing social media accounts himself.

Memecoin.Fun, the ecosystem token launch platform built on Robinhood Chain, has announced the close of a $3.5 million strategic funding round. The round was executed via USDG Token, led by Becker Ventures, with participation from BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen. According to the announcement, the funds will be used to accelerate core product and infrastructure development, including Robinhood Chain Launchpad infrastructure, cross-chain bridge function development, and the research and operation of the revolutionary Memecoin All-chain Platform.

NVIDIA CEO Jensen Huang has posted his first tweet, sharing an open letter co-authored by NVIDIA titled "Open Weights and U.S. AI Leadership". The letter is co-signed by over 20 tech firms and organizations including Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, Mistral AI, Palantir, Perplexity, Mozilla, NVIDIA, and Y Combinator. The open letter asserts that open-weight models—AI models that anyone can download, inspect, modify, and run on their own infrastructure—can expand access to the AI economy, boost market competition, and grant users greater control. It also acknowledges that open weights carry real risks, but emphasizes that the appropriate response is not a ban, but rather advancing AI and cybersecurity defenses through openness. The letter urges policymakers to expand access to computing power, invest in shared training resources, and avoid imposing premature restrictions on open models. Huang stated, "The world needs cutting-edge closed-source models, and it also needs cutting-edge open models."

According to a report by The Nation Thailand, Thailand’s Securities and Exchange Commission (SEC) filed criminal charges against Bitkub Online and two of its former directors—Sakolkorn Sakavee and Thaweesap Rawan—with the country’s Department of Special Investigation (economic crime suppression agency) on July 23. The charges allege that after Bitkub was hacked in 2021, the platform submitted false daily net capital reports to regulators between May 10 and October 30 of that year, failing to truthfully disclose the theft of digital assets worth roughly 1.7 billion baht. The two former directors were also accused of making false entries in corporate documents, misleading regulators into believing customer assets were properly safeguarded and Bitkub had not sustained losses. In a statement, Bitkub responded that the incident occurred around five years ago, and relevant personnel opted not to disclose the theft at the time to prevent a bank run. The exchange’s co-founders personally purchased an equal quantity and type of digital assets to cover the shortfall, ensuring customer assets suffered no losses. Thailand’s SEC also confirmed on September 8, 2025 that customer assets are safe and intact.

Well-known trader Killa (@KillaXBT) posted screenshots describing the situation as "textbook-like". Binance’s plunge protection team is back. Typically, when large bid orders start clustering just below the price, market makers and algorithms tend to temporarily front-run them. The screenshots show multiple horizontal lines appearing below Bitcoin’s current price starting around $62,000, with the densest, most prominent buy orders forming from roughly $58,000 downwards. As of press time, Bitcoin is trading at $64,803.44 according to HTX data, with a 0.46% drop over the past hour. After Bitcoin plunged below $60,000 on June 6, large buy orders emerged below BTC’s market price on Binance, an event Killa referred to as the "plunge protection team" returning. Killa, a BTC-focused quantitative trader, previously predicted the peak of this bull run in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and shifted to long positions during the broad market sell-off on June 5.