According to Odaily, Senate Minority Leader Chuck Schumer has introduced the "Corruption Bureau Creation Act," which plans to establish a new federal anti-corruption agency responsible for investigating, enforcing, and preventing corruption within the executive branch. In a statement, Schumer mentioned that President Trump previously disclosed investment returns exceeding $2 billion by 2025, with approximately $1.4 billion coming from crypto-related businesses; furthermore, the Trump family holds assets in crypto funds linked to foreign governments. The proposal would integrate agencies such as the Federal Election Commission (FEC), the Office of Government Ethics (OGE), and the Office of Special Counsel (OSC). Trump's relationship with the crypto industry is also one of the main controversies surrounding the current US crypto market structure bill, the "CLARITY Act." The White House responded that Trump's investments are managed by independent third-party financial institutions and there is no conflict of interest. Meanwhile, the CLARITY Act is still under consideration in the US Senate and a vote has not yet been scheduled. (Cointelegraph)

According to Odaily Planet Daily, CSOP Asset Management's 2x leveraged long SK Hynix (07709.HK) ETF has recently become the focus of market attention due to its volatile price. As of July 30, SK Hynix had fallen 49% from its June high, and the net asset value of the 2x leveraged long SK Hynix product had cumulatively declined by more than 80%, with its size shrinking from HK$130 billion to approximately HK$100 billion. Following the Hong Kong Securities and Futures Commission's new regulations last week, CSOP Asset Management announced on Monday that, starting August 3, all its leveraged and inverse products linked to 12 popular overseas stocks, including SK Hynix, Samsung Electronics, Tesla, and Nvidia, will be switched to a "flexible leverage structure." This move has raised concerns among investors, as if the manager actively reduces leverage, assuming a rapid rebound in SK Hynix's stock price, the ETF's net asset value recovery will be significantly slower, and the payback period for those who bought at high prices will be longer. On the evening of July 30th, CSOP Asset Management clarified market concerns regarding a potential switch to a "flexible leverage structure" and a possible reduction in leverage ratio for its product. The company stated that under current market conditions, the product is expected to maintain a leverage ratio of 2x, and the fund manager will not actively adjust the leverage ratio based on their own market assessment. CSOP Asset Management emphasized that after the relevant changes take effect, an announcement regarding the target leverage ratio will be released before the market opens each trading day. For example, this announcement will be issued after the market closes on July 31st. Investors are advised to pay close attention. (21st Century Business Herald)

Odaily Planet Daily reports that Bitwise released its Q3 2026 staking report. Currently, 40.2 million ETH are staked, representing 33% of the total supply. New staking this year is primarily from institutional investors, including those staking ETFs, corporate treasuries, and other large holders, continuing to increase despite price declines. Other networks also maintain high staking ratios: Solana at 68%, Near at 45%, Hyperliquid at 44%, and Avalanche at 41%. Ethereum throughput increased by 73% year-over-year, and Avalanche transaction volume increased fourfold year-over-year. Institutional staking is also expanding to emerging networks.

According to Odaily Planet Daily (BNBChain), the decentralized asset management protocol Swan Treasury suffered a loss of approximately $625,000 due to a private key breach. The attacker forged a valid signature on their own address to purchase STY at a 100x discount, and then used approximately 19,700 USDT to purchase approximately 687,000 STY via PancakeSwap flash loan. Subsequently, they forged claim() and transfer signatures on a sibling contract, dumping STY into the STY/USDT pool and profiting approximately 625,000 USDT. Each ecrecover in the transaction resolved to the exact hard-coded signer, confirming that the key itself was compromised, rather than due to a flaw in the signature logic.