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The Monad Foundation offered to buy back locked MON tokens from early investors at a discount via a $60 million liquidity program. Nearly all contacted investors declined to participate. The initiative aimed to provide an orderly exit while aligning long-term interests.
Read MoreOn August 18, South Korea's KOSPI index surged over 2% at opening, reaching 7134.76 points. Tech giants like Samsung Electronics and SK Hynix led the rally with gains of 3% and 5.8% respectively, signaling improved market sentiment.
Read MoreA Bitcoin wallet inactive for over 15 years transferred 8.54 BTC (≈$539k) to an exchange. The coins were accumulated via multiple addresses when BTC traded near $14, representing an unrealized gain of approximately 4,600x based on current prices.
Read MoreOvernight dynamics centered on geopolitics and tech frontiers. Trump's remarks on Iran, ECB's AI bubble warning, and Japan's bond sell-off drew attention. The US Treasury seeks input on stablecoin rules, while tech giants' moves in AI model access and compute infrastructure signal intensified competition.
Read MoreRecent maritime data reveals persistently low ship traffic through the critical Middle Eastern waterways of the Strait of Hormuz and Bab el-Mandeb. Only 3 commercial vessels transited the Strait of Hormuz in the past 24 hours, while 37 passed through Bab el-Mandeb. Ongoing regional tensions, including US military interventions with commercial vessels, continue to impact these global shipping arteries.
Read MoreLatest CME FedWatch data indicates a 65% probability the Fed holds rates steady in September, with a 35% chance of a 25-basis-point hike. The outlook for October is more divided, showing market uncertainty about the pace of future tightening.
Read MoreAnthropic's annualized revenue has reportedly surged past $65 billion, a sevenfold increase from last year. The explosive growth has accelerated its IPO plans, with filings already submitted. It could debut on Wall Street this fall, potentially ahead of OpenAI.
Read MoreA new Reuters/Ipsos poll reveals President Trump's approval rating has fallen to 33%, the lowest since his second term began. 64% disapprove of his performance, while nearly 80% expect prolonged U.S.-Iran tensions. The survey of 1,166 adults highlights growing public unease.
Read MoreMicroStrategy's Michael Saylor stated the firm will deploy all resources to maintain Bitcoin STRC at its $100 par value if it falls below. He emphasized that excessive price volatility paralyzes markets, outlining a clear strategy focused on price stability and liquidity provision.
Read MoreCambricon has completed share registration for the first vesting period of its 2023 restricted stock incentive plan. A total of 561,000 shares will become tradable on August 20, 2026, benefiting 124 employees with an average award value of approximately 5.57 million yuan per person.
Read MoreCastle Securities warns that the Fed's reluctance to tighten policy despite persistent high inflation is driving long-term US bond yields to near 20-year highs, posing broad market risks. Markets perceive policymakers as taking the easier path. Recent data improvements don't signal all-clear, making the September rate decision highly unpredictable.
Read MoreCoinbase has launched the US500 perpetual contract, enabling traders to go long or short on the 500 largest U.S. companies through a single product. This offers a streamlined way to gain exposure to or hedge against the broad U.S. equity market.
Read MoreThe US Dollar Index closed slightly lower on August 17, falling 0.03% to settle at 99.636. The marginal decline reflects market caution ahead of key economic data. Traders are closely watching inflation, employment figures, and Fed signals for clues on the greenback's next move, with near-term volatility expected.
Read MoreUS investment-grade bond issuance hit a record $145 billion in August, driven by heavy corporate borrowing for AI infrastructure projects. This marks the fourth month this year setting new highs, highlighting sustained capital demand.
Read MoreHSBC analysts warn that if the Fed slows or reduces its Treasury holdings, the market will rely more on price-sensitive private buyers to absorb government debt. This shift could increase interest rate volatility and reshape market dynamics.
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