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Binance Research data shows that Generation Z investors are gradually shifting towards long-term asset allocation tools such as ETFs. Compared to Millennials, Generation X, and Baby Boomers, their trading frequency is lower, and their preference for leverage is also weaker.Data indicates that at the beginning of August, ETFs accounted for 25% of the stock trading volume among Generation Z users. In July, the proportion of net inflows into stocks from ETFs for Generation Z reached 21.9%, up from 18.5% in June; during the same period, the proportion of individual stock investments decreased from 77% to 74.2%.Binance Research analyzed trading behaviors in direct stocks, tokenized stocks, and traditional financial perpetual contracts. The data shows that Generation Z's trading activity in all three asset classes is lower than that of other working-age groups.Among them, Generation Z's traditional financial perpetual contract accounts traded an average of 13 times per month, lower than the 17 times of Millennials and 16.5 times of Generation X. In direct stock accounts, 22% of Generation Z users have never sold stocks, higher than the 19% of Generation X and 9% of Baby Boomers.Among Generation Z accounts that bought but did not sell, the assets with the highest cumulative purchase amounts include Broadcom, Tesla, and Charles Schwab U.S. High Dividend Stock ETF.In terms of leveraged products, Generation Z shows a lower risk appetite. Data indicates that 88.2% of Generation Z's traditional financial perpetual contract accounts have never traded leveraged or inverse ETFs, higher than the 84.5% of Millennials and 85.9% of Generation X.Additionally, the tokenized stock market continues to expand. Data shows that Binance's bStocks recently briefly surpassed Kraken's xStocks, becoming the second-largest tokenized stock issuance platform globally. As of the latest data, Ondo Finance ranks first with approximately $972 million in tokenized stock value, while xStocks and bStocks are approximately $611 million and $580 million, respectively.

According to Fortune, Bank of America announced a $250 billion infrastructure investment plan on Wednesday, committing to invest in key infrastructure areas in the United States over the next year. The investment scope covers multiple fields including data centers and computing power, renewable energy generation, energy storage, natural gas, transmission networks, and critical minerals and mining, with the goal of supporting energy security, job growth, and economic competitiveness.

According to Onchain Lens monitoring, an Ethereum genesis wallet holding 2,680 ETH, currently valued at approximately 5.05 million USD, has become active for the first time after being dormant for over 11 years.This position was worth about 830 USD in 2015, currently yielding a profit of 608,000%.

Bitcoin News posted on the X platform that Bitcoin developers have launched a new visualization tool to explain how entropy works and how to generate randomness for Bitcoin private keys.The tool covers true random number generators (TRNG), pseudo-random number generators (PRNG), rolling dice, and flipping coins.

Grayscale Research Director Zach Pandl stated that the global alternative asset market has grown nearly 7 times since the 2008 financial crisis, with the share of private equity, private credit, hedge funds, physical assets, and cryptocurrency in global portfolios continuing to rise. According to the data he cited, within alternative assets, private equity accounts for about 29%, hedge funds about 23%, and cryptocurrency about 13%.Zach Pandl mentioned that differences in intergenerational allocation preferences may further strengthen this trend. According to a Bank of America survey of high-net-worth individuals, investors aged 21 to 43 allocate about 53% of their assets outside of traditional stocks and bonds, while the proportion for those aged 44 and above is 26%. With over $100 trillion in wealth expected to transfer to younger generations in the coming years, their stronger preference for alternative assets may provide ongoing tailwinds for cryptocurrency.He added that the lowering of entry barriers to alternative assets is one of the reasons for this shift, with cryptocurrency developing along similar paths; regulated products like Bitcoin ETPs and institutional-grade market infrastructure provide more convenient access to exposure.

Cryptocurrency exchange Bybit has filed a civil lawsuit in the United States District Court for the District of Columbia, suing North Korea, the North Korean Reconnaissance General Bureau, and the hacker group Lazarus Group, regarding a theft incident of approximately $1.5 billion in February 2025. Bybit stated that the judge has approved a preliminary injunction prohibiting the transfer or disposal of identified stolen assets during the case proceedings, and believes that Bybit has a high likelihood of success on the merits.The lawsuit also lists unknown individuals and entities holding or transferring the relevant funds as John Doe defendants. Bybit disclosed that approximately $48.4 million has been recovered, and about $30.5 million has been frozen across more than 28 exchanges and custodians, together accounting for approximately 5% of the stolen amount. The attackers transferred about 500,000 ETH from Bybit's cold wallet in February 2025, with most of the funds subsequently exchanged for Bitcoin via Thorchain and transferred through mixing services. Bybit stated that the case is progressing in parallel with a criminal investigation.

Bitcoin mining company MARA has completed two loans, obtaining $600 million in new debt after pledging 18,750 bitcoins to expand its power generation and AI infrastructure business. The collateral was valued at approximately $1.2 billion at the time of the transaction. The total principal of the two loans is $750 million, with Coinbase Credit providing $450 million, which includes refinancing of the existing $150 million credit line and an additional $300 million; Two Prime Lending provides another $300 million, and both loans have been fully drawn.The interest rate on the Coinbase loan is the midpoint of the Federal Reserve's target rate range plus 3.875 percentage points, maturing on August 4, 2028; the Two Prime loan has a fixed interest rate of 7.65%, maturing on August 3, 2028. If the principal remains unchanged, the annual interest expense for both loans is approximately $56.7 million. MARA stated that the loan funds will be used for general corporate purposes, including paying part of the cash consideration for the acquisition of Long Ridge Energy & Power LLC. The enterprise value of the transaction is approximately $1.5 billion, and Long Ridge owns a 505-megawatt gas power plant and over 1,600 acres of industrial land, which MARA plans to use for power generation, bitcoin mining, and potential AI and high-performance computing parks.

The Volcano Engine officially launched the Seedance 2.5 API. Compared to Seedance 2, the new version has significantly improved in areas such as instruction adherence, long narratives, character consistency, realism, lighting and shadow quality, and sound effects. It natively supports 30-second video output, a maximum of 50 multimodal material references, and is compatible with more than a dozen languages.

According to the expected plan compiled by the Korea Digital Convergence Industry Association, the secondary regulations for Security Token Offerings (STO) in South Korea may include: allowing "pooling" issuance of similar types of underlying assets, setting over-the-counter trading limits for general investors, clarifying the licensing conditions and business scope for non-standard securities over-the-counter exchanges, and developing a phased roadmap for the tokenization of standard securities. In addition, the technical and financial requirements for issuer account management institutions are also expected to be included in the regulations.This expected plan is based on publicly available policy directions and industry discussions and is not an official version. Specific standards still need to be determined through legislative announcements, regulatory reviews, and other procedures. Previously, the STO market was primarily focused on single assets; if pooling is allowed, it could promote the issuance of multi-asset composite products such as music copyrights and real estate. The over-the-counter trading limits for general investors are expected to be higher than existing sandbox cases, but the final limits still need to balance investor protection and market liquidity. The status of non-standard securities over-the-counter trading platforms and existing operators, as well as the future path for the tokenization of standard securities (stocks, bonds), will be key focuses moving forward. The industry warns that after the regulations are implemented, the preparation time for related companies' systems and internal controls may be quite urgent.

According to Gate market data, as gold prices approach a one-month high, U.S. gold mining stocks generally rose in pre-market trading. Newmont Corporation (NEM.N) rose by 3.5%, Gold Fields Limited (GFI.N) rose by 5.4%, and Harmony Gold Mining Company Limited (HMY.N) rose by 4.6%. The SPDR Gold ETF increased by 2.1%.

According to Jinshi reports, the European Union has obtained 1.4 billion euros in revenue from frozen Russian assets to support Ukraine.

According to Gate market data, on August 3 (Monday), global stock markets showed mixed performance. In Asia, China's Shanghai Composite Index closed down 22.6 points, a decrease of 0.59%, at 3,809.66 points; the Shenzhen Component Index fell 130.64 points, a decrease of 0.96%, at 13,448.29 points; the CSI 300 Index dropped 45.02 points, a decrease of 0.98%, at 4,543.18 points. The Hong Kong Hang Seng Index rose 124.97 points, an increase of 0.48%, at 26,009.4 points.In Europe, the German DAX30 Index rose 386.44 points, an increase of 1.51%, at 26,017.22 points; the UK FTSE 100 Index fell 13.15 points, a decrease of 0.12%, at 10,854.9 points. U.S. stocks all closed higher, with the Dow Jones Index rising 693.38 points, an increase of 1.32%, at 53,178.41 points.

According to Sifted, the renowned European venture capital firm Index Ventures recently announced the completion of a new fundraising round of $2 billion, increasing its total investable assets to $3.5 billion. This round of fundraising consists of three parts: a $400 million seed fund, a $900 million early-stage venture fund, and an additional $700 million to the existing growth fund (which has expanded from $1.5 billion to $2.2 billion).Index Ventures stated that the new funds will continue to support founders "from the first round of financing to IPO and beyond," covering the markets in Europe, Israel, and the United States. In the context of this fundraising, AI is its core betting direction, and the firm has successively invested in Mistral, Cohere, and Ineffable Intelligence, founded by former DeepMind researcher David Silver. Previously, Wiz, part of the Index portfolio, was acquired by Google for $32 billion, Figma completed its IPO, and Revolut completed a secondary market share sale (valued at $115 billion), all of which provided strong endorsement for this round of fundraising.

The Federal Bureau of Investigation (FBI) disclosed that in 2025, the reported losses from cybercrime by the American public approached $21 billion, with 181,565 complaints involving cryptocurrency, totaling losses of over $11 billion.New York Attorney General Letitia James testified before Congress on July 27, stating that the CLARITY Act aims to transfer primary regulatory authority over digital assets to the Commodity Futures Trading Commission (CFTC), which could potentially weaken the ability of states to investigate fraud and hold cryptocurrency companies accountable. James urged cryptocurrency platforms to comply with anti-money laundering, know your customer, cybersecurity, and market monitoring requirements, and to take financial responsibility for preventable fraud. Her office has received nearly three times the number of cryptocurrency fraud complaints in the past three years, with related losses approaching $500 million over the past five years.

According to The Block, the New York State Attorney General has filed a lawsuit against Kalshi, accusing it of operating an illegal gambling business through its prediction market platform and seeking at least $36 billion in damages.

According to Gate market data, on July 30, Asian stocks generally fell, with the Shanghai Composite Index closing down 23.78 points, a decrease of 0.62%, at 3,804.69 points; the Shenzhen Component Index fell 372.64 points, a decrease of 2.73%, at 13,285.8 points; the CSI 300 Index fell 50.54 points, a decrease of 1.1%, at 4,549.72 points.The Hong Kong Hang Seng Index rose 50.96 points, an increase of 0.2%, at 25,858.88 points. In the European and American stock markets, the German DAX30 Index rose 164.94 points, an increase of 0.65%, at 25,613.7 points; the UK FTSE 100 Index fell 11.52 points, a decrease of 0.11%, at 10,896.89 points; the Dow Jones Index rose 613.92 points, an increase of 1.19%, at 52,208.06 points.