BNY Mellon to launch digital transfer agency service, putting fund holder records on the blockchain.

This trader bought 3,128 $ETH ($5.95M) 6 months ago and is now sitting on a loss of over $3.87M(-40%). Today, he finally gave up, depositing all 3,128 $ETH into #Coinbase to sell at a loss.

According to Lookonchain’s monitoring, a trader purchased 3,128 ETH six months ago, and now holds an unrealized loss of over $3.87 million (a 40% drop). Today, he finally deposited all 3,128 ETH into Coinbase to sell at a loss.

South Korea’s stock market extended its decline today, with retail investors appearing to be in extreme panic. Retail investors on Daum, South Korea’s leading stock forum, are voicing widespread distress, with their main sentiments focused on “regret over buying the dip” and “criticism of inadequate regulation”. Separately, Yonhap News Agency reported that a public opinion survey released on the 27th shows South Korean President Lee Jae-myung’s approval rating has fallen for two consecutive weeks, staying around 40%. Research firm Realmeter analyzed: “The downward trend is likely to persist this week. Negative economic factors such as the stock market crash, coupled with public strong opposition to real estate issues—including the Bundang mortgage sales dispute and remarks on strengthening property taxes—as well as policy conflicts over leveraged ETFs and expanded investigative authority.”

According to Bitget's market data, WTI crude oil gained 5% intraday, trading at $83.25 per barrel.

K33 Research stated in a report that Bitcoin has stayed in a narrow consolidation range of $60,000 to $66,000 over the past week. In July, the average daily spot trading volume was only around $2.2 billion, CME’s open interest is near multi-year lows, and open interest in perpetual contracts has stalled at roughly 300,000 Bitcoin. Bitcoin’s trading volume in July hit its lowest level since November 2023.

Circle’s Senior Director of EU Strategy and Policy Patrick Hansen (@paddi_hansen) published an article noting that since the EU’s Markets in Crypto-Assets (MiCA) regulation took effect, roughly 35 electronic money tokens (EMTs) from 21 institutions have secured compliance certifications. Banks and e-money institutions are entering the space, with strong local issuance momentum. However, among the world’s top 50 stablecoins, only three—USDC, USDG, and EURC—currently meet MiCA requirements, while the rest operate outside the regulatory framework, leaving EU users facing a dual dilemma: either insufficient protection or forced access restrictions. Hansen argues that for MiCA to truly serve as a global regulatory benchmark, two goals must be achieved in parallel: first, drive local EMTs to go global via a competitive regulatory regime; second, establish a recognition mechanism for overseas compliant stablecoins to attract global issuers to join the MiCA framework, rather than making local issuance the sole entry path.