According to on chain analyst Ai Yi's monitoring, the Ethena project's affiliated address has recharged all 14 million ENAs into Bybit after being dormant for 2 years, suspected of clearing the warehouse. The address was valued at 6.89 million US dollars upon receipt, and currently only 2.41 million US dollars remain, a decrease of 4.48 million US dollars from the time of receipt and a decrease of over 8.735 million US dollars from the peak.

JPMorgan warns that if the US dollar falls below the 155 level against the Japanese yen, about 16 trillion to 17 trillion yen (about 102.6 billion US dollars) of open yen short positions may be concentrated and liquidated, pushing the US dollar against the Japanese yen to the range of 142 to 146. JPMorgan strategist Shunya Tanaka stated that large-scale yen shorts may not have been fully cleared, and the selling risk increases after the US dollar falls below 155 against the yen. Japan's top foreign exchange official, Jun Mimura, expressed dissatisfaction with the current trend of the yen and stated that Japan is prepared to deal with fluctuations in the foreign exchange market. Bank of America tends to short the US dollar against the Japanese yen, with a target level of 149.

The blockchain verification and auditing platform Assure DeFi has announced the cessation of operations. The platform has verified over 1500 projects with a verification value exceeding $2 billion. Assure DeFi no longer accepts new business, completed KYC and audits remain valid, and all verification and audit records remain publicly accessible. Most members of the Assure DeFi team have turned to developing the Brainverse project, which focuses on building AI agent teams for enterprises. Currently, over 100 agents are running in the business.

ParlayX, a predictive market platform, has completed a $1.25 million Pre Series funding round led by Dreamcraft Ventures. ParlayX aims to address the limitation of one person, one account in the prediction market, allowing for team collaboration in trading.

BBX News: Yesterday, the global public market and traditional commercial banks delivered a highly significant turning point in the core settlement channel and performance reports of digital assets. Abandoning the early concept of trial and error, the traditional banking camp is actively building a 7 × 24-hour digital currency settlement network, while listed cryptocurrency technology and asset management entities are demonstrating astonishing profit elasticity to the mainstream market through a gross profit margin of up to 80% and billions of assets accumulation: ——24/7 clearing: SoFi partners with Kraken to connect with the SEN network, achieving 7 × 24-hour USD settlement, and launching SoFiUSD stablecoin and Kraken Prime liquidity. ——Breaking through the banking alliance: Cari secured $32.5 million in full bank financing, and 7 medium-sized banks in the US and Europe collectively entered the market to build compliant digital currency infrastructure. ——Performance turnaround: Amber (NASDAQ: AMBR) achieved a gross profit margin of 79.5% in Q2, successfully turning EBITDA into a positive and turnaround; New Fire Group (01611. HK) has surpassed HKD 2 billion in global AUM. The market presents a clear dual evolutionary trend of "traditional commercial banks building a 7 × 24-hour digital currency and stablecoin settlement network at full speed to avoid deposit loss" and "licensed encrypted technology entities relying on high gross profit services and institutional asset management to enter a period of explosive performance". Source: bbx.com