According to Odaily Planet Daily, Onchain Lens reported on the X platform that Hyperliquid burned 25,900 HYPE tokens in the past 24 hours, worth approximately $1.4 million; the protocol incurred $2.67 million in fees during the same period. A total of 46.13 million HYPE tokens have been burned, worth approximately $2.53 billion, representing 4.61% of the maximum supply of 1 billion tokens.

Odaily reports that Zeta Network Group has announced a $10 million private placement agreement with investors, who will subscribe for 156.65 bitcoins.

According to an article published on the X platform by The Kobeissi Letter, as of July 28th, hedge funds sold the largest amount of global information technology stocks in three days since data became available in 2016. Simultaneously, hedge funds recorded their largest three-day drop in total equity exposure since November 2022, with selling pressure spreading across all sectors. This liquidation was primarily driven by short covering in macro products such as index futures and ETFs. Furthermore, individual stocks recorded their fifth-largest three-day sell-off in the past five years. Regionally, North America accounted for the majority of the sell-off, followed by Europe. Hedge funds are significantly reducing their equity exposure.

Odaily Planet Daily reports that Telegram founder Pavel Durov posted on his personal channel that Russia has designated him a "terrorist" because he refused Russia's demands for Telegram to implement mass surveillance and content censorship. Durov stated that, according to Russian law, he has been banned from "posting information online," and quipped, "Russian officials have clearly misunderstood who can ban whom online."