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Hyperliquid's HIP-4 introduces key updates: deployers can now add results post-creation and configure fee scales. Post-upgrade, validator-deployed prediction markets will activate a fee mechanism. The mainnet launch will follow a conservative, phased approach with initial limits gradually increased after stability is confirmed.
Read MoreFresh data from the People's Bank of China Shanghai Headquarters reveals a sharp rise of 499.4 billion yuan in RMB deposits in July, far exceeding last year's level. Meanwhile, RMB loans decreased by 36.8 billion yuan, though the decline was less severe year-on-year, indicating a moderation in credit contraction. This points to evolving capital allocation and credit demand among market entities.
Read MoreKii Chain (KII) will launch for trading on Binance Alpha on August 14 at 21:00 (UTC+8). An airdrop of 360 KII tokens is available to eligible users, starting with a requirement of 230 Alpha points, with the threshold set to decrease automatically during the event.
Read MoreThe SEC has postponed a pilot program that would allow firms to test tokenized stock trading on blockchain with relaxed regulations. The delay is tied to unresolved negotiations over key provisions in the Senate's CLARITY Act, which addresses how tokenized securities should be regulated. A separate crypto fundraising exemption vote was also delayed, highlighting ongoing regulatory uncertainty.
Read MoreJPMorgan issued an optimistic report on Sandisk, assigning an 'Overweight' rating and a $2250 price target. The bullish outlook is driven by strong projected demand across data centers and consumer electronics, signaling robust growth potential for the memory sector.
Read MoreAlibaba Group has agreed to sell its gaming subsidiary, Lingxi Interactive, to Trustar Capital, a unit of CITIC Capital, in a deal valued at over $1.5 billion. This move is part of Alibaba's ongoing strategy to streamline its business portfolio and focus on core operations.
Read MoreMoney market and bond funds led weekly inflows across all major asset classes through August 12. Gold funds saw their largest weekly inflow since January, while equity and other funds also attracted fresh capital.
Read MoreChina's loan interest rates continued their downward trend in July 2024, with the weighted average rate for new corporate loans falling below 3%. The rate for new personal housing loans remained stable at around 3.1%, supporting economic activity.
Read MoreFollowing Harmony (ONE) security incidents causing abnormal spot prices, Binance has activated its Latest Price Protection (LPP) mechanism for ONE USDT-margined perpetual contracts. LPP smoothes mark price calculations and drastically narrows funding rate limits to protect user positions from volatile price impacts until market conditions normalize.
Read MoreOn-chain data reveals a whale opened a 4x leveraged long position for 7.2M ASTER ($4.33M) on Aster DEX and simultaneously locked 4.02M ASTER ($2.42M) in a 4-year staking contract, signaling strong long-term conviction in the asset.
Read MoreThe SPCX market within the Hyperliquid ecosystem has surpassed $2 million in cumulative fee revenue, becoming the eighth market to hit this HIP-3 milestone. Half will fund a $HYPE token buyback and burn, with the remainder going to the market deployer, highlighting the mechanism's role in aligning incentives.
Read MoreA Lancaster professor warns that the economic fallout from US-Iran tensions is spreading beyond oil, disrupting global shipping and fertilizer supplies via the Strait of Hormuz. With midterms approaching, rising costs and political pressure are creating a perfect storm for policymakers.
Read MoreThe White House is planning a meeting next Wednesday with executives from the cryptocurrency and prediction market industries, according to sources. The agenda and attendees are not finalized, but may include traditional finance leaders. The meeting precedes a key CFTC advisory committee session focused on digital assets, AI, and market regulation.
Read MoreSK Hynix booked a 3.98 trillion won derivative loss in H1 2026, stemming from the conversion of 2023 convertible bonds and a rise in its share price. The company clarified it's a non-cash accounting loss, largely offset by gains from treasury stock disposal upon conversion.
Read MoreAn ECB survey finds crypto payment acceptance at Eurozone physical points of sale remains below 1%, lagging far behind mobile and cash. Consumer preference and security drive merchant payment choices, with crypto hampered by lack of demand and practical hurdles.
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