📊https://t.co/K73VGCfSO8 Revenue Approximately $37.38 Million in July, Surpassing All Other Solana Meme Launchpads According to SolanaFloor, citing Blockworks data, https://t.co/K73VGCfSO8 @bonk_fun surpassed all other Solana @solana #Meme coin launchpads, including https://t.co/659JQi7lBQ, in monthly revenue for the first time. https://t.co/K73VGCfSO8 earned approximately $37.38 million in July, while https://t.co/659JQi7lBQ @pumpdotfun earned approximately $15.38 million in July.

💰Tether holds $127 billion in US Treasuries, surpassing South Korea to become the world's 18th-largest holder of US Treasury bonds. Stablecoin issuer Tether @Tether_to disclosed in its Q2 2025 report that its US Treasury holdings reached $127 billion, surpassing South Korea's $124.2 billion, making it the world's 18th-largest holder of US Treasury bonds. This figure represents a $7 billion increase from the first quarter, comprising $105.5 billion in direct holdings and $21.3 billion in indirect holdings. Tether's $USDT supply has grown by $26 billion since the beginning of the year, bringing its market capitalization to $163.6 billion, a year-to-date increase of nearly 19%. This reflects the continued rise in global demand for US dollar-denominated stablecoins.

🔥Machi Big Brother's long positions have seen a nearly $12 million floating loss, and his PUMP position has seen a floating loss of approximately $6.82 million. According to crypto analyst Aunt Ai @ai_9684xtpa, Machi Big Brother @machibigbrother currently holds a total of $148 million in long positions in $ETH, $HYPE, and $PUMP. Due to the decline in ETH, his total floating loss has widened to approximately $11.9 million, with his long PUMP position suffering the heaviest losses at approximately $6.82 million.

🇭🇰Hong Kong's Stablecoin Bill Officially Comes into Effect The Hong Kong Stablecoin Bill officially came into effect on August 1st, establishing a licensing regime for fiat-currency stablecoin issuers in Hong Kong. This bill strengthens the regulatory framework for virtual asset activities in Hong Kong, aiming to maintain financial stability and promote financial innovation. Under the Stablecoin Bill, any person who issues a fiat-currency stablecoin in the course of their business in Hong Kong, or a fiat-currency stablecoin purportedly pegged to the Hong Kong dollar in Hong Kong or abroad, must apply for a license from the Monetary Authority. Such persons must comply with requirements for reserve asset management and redemption, including proper segregation of client assets, maintaining a robust stability mechanism, and processing redemptions from stablecoin holders at par under reasonable conditions. Relevant persons must also meet a range of anti-money laundering and terrorist financing, risk management, disclosure requirements, and audit and fit-and-property requirements. The Monetary Authority will conduct further consultation on the detailed regulatory requirements of the regime in due course.

💰Tether: Q2 net profit was $4.9 billion, bringing the first half of the year's cumulative profit to $5.7 billion. Tether @Tether_to released its Q2 2025 business report last night. Key points are as follows: 1. The audit report completed by the independent accounting firm BDO confirms that Tether's financial data and fund reserves (FFRR) are accurate as of June 30, 2025. Total assets were $162,574,933,798, and total liabilities (token issuance is considered a liability) were $157,108,009,474, with assets exceeding liabilities. 2. In Q2 2025, Tether issued $13.4 billion in new USDT, bringing the total USDT in circulation to over $157 billion (a year-to-date increase of $20 billion). 3. As of the end of Q2, Tether's total exposure to U.S. Treasury securities reached $127 billion (an increase of $80 billion from Q1). Tether's total holdings totaled $105.5 billion, comprising $105.5 billion in direct holdings and $21.3 billion in indirect holdings, making it one of the world's largest holders of U.S. Treasury bonds. 4. Shareholder capital in the company managing the reserves remained stable at approximately $5.47 billion (unchanged from the previous quarter), further strengthening Tether's solvency and long-term sustainability. 5. Net profit reached $4.9 billion in the second quarter of 2025, bringing the total profit for the first half of the year to $5.7 billion. Recurring profits (excluding gains from fluctuations in the market value of gold and Bitcoin) contributed $3.1 billion, while the remaining $2.6 billion came from valuation increases in gold and Bitcoin holdings.

📰The Ethereum Foundation released a document titled "Lean Ethereum," outlining its vision for the next decade. The Ethereum Foundation (EF) website today published an article titled "Lean Ethereum," written by EF researcher Justin Drake, outlining Ethereum's vision for the next decade. Key goals of this vision include scaling the base layer to 10,000 transactions per second (TPS) and the second layer to 1 million, while maintaining decentralization and 100% uptime. Furthermore, Ethereum will undergo major upgrades to its consensus, data, and execution layers, including a Beacon Chain upgrade to version 2.0, the introduction of Blockchain 2.0 for the post-quantum era, and the EVM 2.0, potentially built on the open-source RISC-V instruction set. Cryptographically, the system will rely entirely on hash-based signatures, hash root data commitments, and a native hash-based zero-knowledge virtual machine to achieve quantum-resistance.

📊The Ether Machine has become the third entity to hold more ETH than the Ethereum Foundation. Strategic ETH Reserve data shows that #ETH treasury reserve company The Ether Machine's $ETH holdings have reached 334,800 (approximately $1.24 billion), making it the third entity to hold more $ETH than the Ethereum Foundation.

🇺🇸Trump sets tariff rates for multiple trading partners, ranging from 10% to 41%. US President @realDonaldTrump signed an executive order establishing "reciprocal tariff" rates for several countries and regions, ranging from 10% to 41%. (Jinshi)

🇭🇰Hong Kong Deputy Secretary for Justice: The Stablecoin Ordinance will build a trusted market environment based on three pillars. Hong Kong Deputy Secretary for Justice Stephen Cheung stated that the Stablecoin Ordinance, which will come into effect on August 1st, will establish a clear and transparent legal framework through three pillars: a licensing system, asset reserve management, and technical and behavioral oversight, fostering an orderly and healthy stablecoin market. He noted that the ordinance will help strengthen international confidence in Hong Kong as a global financial center. Cheung also stated that Hong Kong will continue to deepen its cooperation with mainland China and international markets, leveraging legal and other professional services to support Chinese and foreign companies in developing their businesses in Hong Kong.

🐧Pudgy Penguins CEO: Team is involved in US crypto legislation, and the PENGU ETF will cover tokens and NFTs Pudgy Penguins @pudgypenguins CEO Luca Netz @LucaNetz stated that the Pudgy Penguins team and Abstract have officially participated in US cryptocurrency legislation as government advisors and have made multiple trips to Washington, D.C. to present relevant recommendations. The team has now submitted an application for the PENGU ETF, which will cover $PENGU tokens and #NFTs.