according to The Block, NAC Foundation founder and CEO Rowland Marcus Andrade has been sentenced to 84 months in federal prison for telecommunications fraud and money laundering related to the cryptocurrency project AML Bitcoin. The court found that Andrade, between 2014 and 2019, made false and misleading statements to investors about the technology, business prospects, and release schedule of AML Bitcoin, defrauding investors of approximately $10 million. This included falsely claiming that the Panama Canal Authority was about to approve the use of AML Bitcoin. In addition, Andrade also used over $2 million of project funds for personal expenses such as purchasing real estate in Texas and luxury cars.

the Ethereum Foundation announced that in tonight's 10th anniversary commemorative live broadcast at 22:30 Beijing time, Ethereum founder Vitalik Buterin and Consen Sys founder Joseph Lubin will lead the audience to review Ethereum's history. Foundation co-executive directors Hsiao-Wei Wang and Tomasz Stańczak will present the outlook for the next ten years.

according to on-chain analyst Ai (@ai9684xtpa), the address starting with 0x5Fe has once again accumulated ETH after two years, withdrawing 3711 ETH from Binance 2 hours ago, worth approximately $14.52 million, with a cost of approximately $3912. The last time this address bought ETH, the price was only $1968.

```

Binance has announced that Naoris Protocol (NAORIS) trading will be launched on the Binance Alpha platform at 18:00 (UTC+8) on July 31, 2025, and the NAORISUSDT perpetual contract will be launched at 18:30 (UTC+8) on the same day, supporting up to 50x leverage. Binance has become the first trading platform to list NAORIS. Eligible users can receive rewards using Binance Alpha Points within the specified time.

`according to the official announcement, Binance Savings announced the launch of RWUSD, a principal-protected financial product that provides users with returns on tokenized real-world assets (RWA) at the level of US Treasury bonds. Users can earn up to a maximum annualized return rate of 4.2% by subscribing to RWUSD. Users can use specified stablecoins (USDT or USDC, depending on the region) to subscribe to RWUSD. After subscription, users will receive the same amount of RWUSD in their spot account at a 1:1 ratio, with no subscription fees for RWUSD. When redeeming, regardless of whether the initial subscription was made with USDC or USDT, RWUSD will be exchanged for USDC at a 1:1 ratio. Users can choose between fast redemption or standard redemption, with corresponding fees charged upon redemption.

according to PeckShield monitoring, the Ethereum Foundation transferred 1000 ETH coins (worth about $3.88 million) to a related address.

the US Dollar Index DXY touched 98 to the upside, up 0.41% on the day.

 according to WhaleAlert monitoring, Tether Treasury minted 1 billion USDT on the Tron network at 16:13:42 Beijing time.

the Hong Kong stock market data shows that as of the close, the turnover of 6 Hong Kong virtual asset ETFs today was 42.37 million Hong Kong dollars, including: Huaxia Bitcoin ETF (3042.HK) with a turnover of 9.78 million Hong Kong dollars, Huaxia Ethereum ETF (3046.HK) with a turnover of 23.58 million Hong Kong dollars, Jiashi Bitcoin ETF (3439.HK) with a turnover of 1.49 million Hong Kong dollars, Jiashi Ethereum ETF (3179.HK) with a turnover of 3.27 million Hong Kong dollars, Bosera HashKey Bitcoin ETF (3008.HK) with a turnover of 1.52 million Hong Kong dollars, and Bosera HashKey Ethereum ETF (3009.HK) with a turnover of 2.73 million Hong Kong dollars.

the latest report from CoinShares shows that digital asset investment products recorded a fund inflow of $1.9 billion last week, bringing the total inflow for the month to a record-breaking $11.2 billion, significantly exceeding the $7.6 billion inflow recorded after the U.S. presidential election in December 2024. This marks the 15th consecutive week of positive sentiment in the market.

CryptoQuant analysts stated that the on-chain indicator MVRV 365-day moving average shows that the market may be approaching a cycle top. This indicator has historically closely matched market cycle tops, and is currently forming a "double-humped camel" pattern similar to 2021. Analysts expect that, following the same 6-month interval pattern, the potential top may form around September 10th, but due to MVRV being a lagging indicator, the actual price peak may occur earlier by the end of August. This timing aligns with market expectations of a possible Fed rate cut and a shift in macro sentiment. Investors should maintain both optimism and caution at this stage, strengthen risk management, and remain flexible in response.

the market shows ETH breaking through $3900, currently at $3901.5, with a 24-hour increase of 3.49%. The market is fluctuating significantly, please manage your risks.

according to 8marketcap data, BNB's market value has increased to 119 billion U.S. dollars, with a 24-hour increase of 7.19% and a 7-day increase of 12.33%. It has risen 11 places in the ranking, jumping to 186th in global assets, surpassing Strategy (MicroStrategy) at 190th and SoftBank International at 193rd.

 Ethereum concept stocks strengthened in pre-market trading in the US stock market, with iShares Ethereum Trust ETF up 7.1%, Gamesquare Holdings up 6.2%, BTCS up 7.7%, and BitDigital up 5.4%. (Jinshi)

 according to analyst Yu Jin's monitoring, the suspected HashKey Capital address transferred 12,000 ETH to CEX half an hour ago, worth approximately 47.18 million US dollars.

according to OnchainLens monitoring, a whale withdrew 3711 ETH worth about $14.58 million from Binance after being silent for 5 months. Address: 0x5FefAFEdD49a6099572f24747338193d8864A838

according to the on-chain analyst OnchainLens (@OnchainLens), a whale spent 20 million USDT to purchase 5097.17 ETH at a purchase price of $3924.

according to WhaleAlert monitoring, about 9 minutes ago, 690 BTC (worth about $82.47 million) were transferred from the Binance exchange to the cryptocurrency custody service provider Ceffu.

according to an announcement from the Hong Kong Stock Exchange, the Hong Kong-listed company Broadlink Technology has announced the launch of a cryptocurrency asset investment strategy, focusing on building a financial technology service system with compliant stablecoin payments as the core, promoting the transformation of smart connected cars into capacity assets, exploring the tokenization of RWA and service platforms, stablecoin international settlement circulation in the application of the smart connected car industry ecosystem.