Overview of Important Midday Developments on July 28

7:00-12:00 Keywords: Hong Kong, Foundry, Kabosu

1. The total market value of stablecoins decreased by 0.11% over the past week;

2. The 2025 Bitcoin Conference will be held in Las Vegas;

3. In the past 24 hours, the total liquidation across the network was $178 million, mainly long positions;

4. Messari: Polygon's daily active addresses increased by 47.6% quarter-on-quarter in Q2;

5. Trump: If elected, I will make the US the country with the lowest energy and electricity costs;

6. Bitcoin mining pool Foundry USA Pool deposited 139.1 BTC into Bitfinex;

7. Hong Kong Legislative Council member Johnny Ng: Considering including Bitcoin in strategic financial reserves in the future;

8. Kabosu's owner, the Shiba Inu meme prototype: Does not endorse any crypto projects other than Own The Doge.