Employees of BitMart have taken to the exchange's official X account to demand that core management publicly account for user funds, explain withdrawal restrictions, and pay outstanding wages by August 19. The statement threatens to escalate to law enforcement and regulators if no transparent asset disclosure and repayment plan is provided. BitMart founder Sheldon dismissed the accusations as "fake news" and said he would file a police report and send a legal letter to X. The exchange announced in late July that it would gradually shut down operations.

Since single-stock leveraged and inverse ETFs tracking Samsung Electronics and SK Hynix debuted on May 27, South Korean exchanges and brokers have collected over 1.17 trillion won (approximately $1.13 billion) in trading fees, according to data from the Financial Supervisory Service and Korea Exchange. Retail investors have piled into the 16 high-risk products, driving daily fee revenue above 1 billion won on active days. Critics say exchanges and brokers are profiting heavily while individual investors bear outsized risk.

The People's Bank of China has approved eight additional banks—including Ping An Bank, Hengfeng Bank, and Bank of Shanghai—as digital yuan operating institutions, expanding the network to 30 institutions. The move supports the "15th Five-Year Plan" goal of steadily developing the e-CNY and improving financial inclusion. New operators will launch services after completing technical and business preparations.

The BNB Chain meme token "Niu Lai" (meaning "bull is coming") surged to a record $43.1 million market cap, driven by the viral success of an animated movie of the same name. The token is up 73% in 24 hours despite a pullback from its peak. The movie's ironic popularity has also lifted several "Niu"-named stocks on China's A-share market, including Luoniushan, which hit its daily limit up.

Binance founder Changpeng Zhao transferred 1,440 BNB ($872,000) and 182,620 "Binance Life" tokens to Giggle Academy's Gnosis wallet, fulfilling his earlier pledge to donate the assets after a botched meme coin burn. CZ said he would stop using his public address to avoid overinterpretation of his on-chain activity. He acknowledged that burning tokens only encouraged more airdrops to his address and called on Trust Wallet to improve its token hiding feature.

Changxin Technology, China's leading DRAM maker, surged nearly 10% to a record high, pushing its total market capitalization past 4 trillion yuan ($570 billion) with daily turnover of nearly 23 billion yuan. The rally reflects strong investor appetite for AI-related memory chips amid China's push for semiconductor self-sufficiency.

Chinese robotics firm Unitree released a 30-second video of its latest humanoid robot capable of a 2-meter standing vertical jump and a top speed of 12.66 meters per second—surpassing human world records. The company said the robot was developed in just over three months and will be further refined. Unitree is a key player in China's fast-growing humanoid robotics sector.

CryptoQuant analyst Darkfost reports that despite UNI trading 93% below its 2021 high, the average outflow of UNI from Binance in the top 10 daily transactions hit a five-year record of 7,300 UNI per day. The sustained outflow suggests large investors are aggressively accumulating at current levels. Darkfost notes that UNI's accumulation intensity is at a historic peak, indicating strong conviction among whales.

Famed Chinese investor Duan Yongping's H&H International Investment disclosed $19.1 billion in total holdings as of Q2 2026, with Apple remaining the largest position at $7.84 billion. Duan added to his Pinduoduo stake, now worth $1.91 billion, while reducing Apple holdings by 1.85 million shares. He also exited his Taiwan Semiconductor position entirely. The moves reflect a cautious rebalancing amid market volatility.

Monthly active users of securities apps in China reached 187 million in July, up 12.1% year-over-year and marking the fifth consecutive month of growth, according to Analysys Qianfan. Tonghuashun led third-party platforms with 38.7 million MAU, followed by East Money and Dazhihui. Huatai Securities' Zhangle Wealth led broker-owned apps with 12.9 million MAU, reflecting strong retail engagement in Chinese equities.