ETH falls below the $4200 mark

BNB Network Company (BNC), a Nasdaq listed company, purchased 200000 BNBs for approximately $160 million. At the same time, the company completed a management restructuring, with David Namdar, co-founder of Galaxy Digital, appointed as CEO, and Russell Read, former Chief Investment Officer of CalPERS, and Saad Naja, former head of Kraken, joining the management team.

According to Golden Finance, the Financial Intelligence Analysis Unit (FIU) under the Financial Commission of South Korea announced on the 7th that it has confirmed the illegal business activities of undeclared overseas virtual asset operators KCEX and QXALX, and has reported the matter to the investigating authorities. According to current laws, operating as a virtual asset operator within South Korea requires reporting to FIU and implementing relevant measures such as an Information Protection Management System (ISMS). The two exchanges seized this time illegally conducted business activities without declaration. FIU has reported its illegal behavior to the investigating authorities on the same day and plans to take measures to block access to its website and mobile applications within South Korea.

OKX-BTC/USDT is currently trading at $121178, with a 5-minute increase of 0.29%. Please be aware of market fluctuations.

Ouyi will remove XLMUSD, ATOMUSD, OPUSD, and TRXUSD perpetual contracts on August 15, 2025 at 4:00 PM (UTC+8). matters needing attention: -The offline contract will use the arithmetic mean of the Euro Index one hour before the deadline as the delivery price. -The current funding rate for offline transactions is 0, and no funding fees or delivery handling fees will be charged during delivery. -After the contract is taken offline, users with a position value greater than $10000 will be restricted from transferring assets for 30 minutes.

OKX-BTC/USDT is currently trading at $119986, with a 5-minute increase of 0.20%. Please be aware of market fluctuations.