Chain detective ZachXBT pointed out that AscendEX has ceased operations and currently has almost no liquid assets available to redeem user withdrawal requests. AscendEX has announced that all operations will be suspended from July 1st, and withdrawal requests will be manually reviewed, which may be delayed or unable to be processed. ZachXBT verified that the user's claim amount reached millions of dollars, but AscendEX has almost no available liquid assets for the public hot wallet.

According to a Binance Research report, the trading volume of TradFi perpetual contracts in the first five months of 2026 accounted for 11%, with a cumulative trading volume exceeding $1.1 trillion. Among them, Binance's trading volume exceeded $500 billion, with a market share of about 47%.

The legal team of the Bank of Korea has released a research paper on the regulatory plan for foreign remittance transactions involving stablecoins, suggesting that stablecoin transfers between individuals exceeding $10000 can only be carried out between officially certified wallets, with a supporting pre declaration mechanism. DigitalAsset reported that there are technical barriers to fully controlling unregistered wallets, but due to anti money laundering compliance requirements, it is necessary to strengthen restrictions on the flow of large cross-border stablecoin funds.

Gate responded to online reports of user asset theft. The customer withdrew their funds between 3:00 pm and 4:00 pm on July 7th and reported the loss of funds to online customer service at 5:00 pm on July 8th. Gate has activated the verification mechanism, and the incident is still under urgent investigation. The preliminary judgment is that it is an individual case, and there are no system security vulnerabilities. The website is running normally. The preliminary investigation involves the leakage of user information, and the specific situation is under investigation. Gate will disclose the details after the investigation is completed.

Bitcoin ETFs have net bought $500 million in Bitcoin in the past three days, reversing the trend of fund outflows. （Bitcoin Archive）