24/7 Blockchain industry dynamics and breaking crypto news
World Liberty Financial (WLFI) has appointed former Coinbase institutional strategy lead Ryan Ballantyne as its Chief Commercial Officer. With over 30 years in capital markets and digital assets, his hiring signals WLFI's aggressive expansion into institutional crypto services.
Read MoreOn August 13, the DeFi protocol Neutrl suspended all minting, redemptions, and protocol functions due to impacted reserves. The team pledged to provide a clear user asset handling process soon. This follows a suspected front-end attack in March, raising concerns over DeFi risk management.
Read MoreThe US Producer Price Index (PPI) for July rose 4.7% year-on-year, falling below expectations of 4.9% and marking the lowest level since March. This slowdown in a key inflation gauge offers fresh insights into the Federal Reserve's potential policy path and strengthens expectations for a sustained moderation in price pressures.
Read MoreThe latest U.S. labor market report reveals initial jobless claims rose to 209,000 for the week ending August 8, surpassing forecasts of 202,000. The prior week's figure was also revised slightly upward. This uptick may signal a subtle softening in the previously robust job market, offering fresh data for economic assessment.
Read MoreDeepSeek launches the v0.1 developer preview of its Harness AI agent framework, featuring an "everything is a plugin" architecture. Built on the Cordis composable meta-framework, it lets developers freely swap components like models and tools. Offering multiple run modes and full-session traceability, its source code is open-sourced on GitHub under the MIT license.
Read MoreKey updates from Aug 13 evening: US PPI cooled to 4.7%, yet Fed maintains hawkish stance. In crypto, Ethereum staking ratio hit a record 34.7%, while BTC miner fee revenue declined. Industry rethinks DeFi's current state.
Read MoreDeepSeek-V4-Pro-0813 is now available on HuggingFace under the MIT license. Official deployment guides for vLLM, SGLang, and local operation have been released, enabling immediate developer implementation.
Read MoreU.S. July Producer Price Index (PPI) came in flat month-over-month, missing the expected 0.2% rise. The June figure was revised higher. This surprise in wholesale inflation data adds nuance to the inflation outlook and could influence Federal Reserve policy deliberations.
Read MoreFederal Reserve official Hammack has reiterated a strong stance, emphasizing the urgent need for an immediate interest rate increase to combat inflation. This reinforces market expectations of continued monetary tightening and highlights the central bank's challenging balancing act.
Read MoreRichmond Fed President Barkin noted that 'many' Fed officials view current interest rates as sufficiently restrictive to curb inflation. He warned that price pressures may be entrenched, potentially requiring weaker demand or further hikes to meet targets, highlighting internal policy debates.
Read MoreNasdaq-listed Perpetuals.com Ltd has announced that its Cyprus subsidiary received formal authorization from CySEC to provide crypto asset services under the EU's MiCA regulation. This approval marks a crucial step for compliant operations in the European market, offering regulated access to crypto services.
Read MoreIran's Joint Military Command spokesman declared on August 13 that no vessel can safely transit the Strait of Hormuz without Iranian authorization. The statement reinforces Iran's control claims over the vital waterway amid regional tensions.
Read MoreNasdaq-listed Sharplink is staking $200 million worth of ETH via liquid staking to enhance yield. This move expands its existing ETH staking and restaking strategies, with assets held by a qualified custodian, signaling strong institutional confidence in Ethereum's ecosystem.
Read MoreEthereum's staking ratio has reached a record 34.7%, with approximately 41.89 million ETH locked, valued around $78.56 billion. Despite the increased participation, the annual staking yield has dipped to about 2.6%. The massive shift to Proof-of-Stake is tightening liquid supply and reshaping validator rewards.
Read MoreDeepSeek has announced new pricing for its V4 API, effective August 17. The V4-Pro tier sees the most dramatic increase, with peak output costs surging 4.5x from ¥6 to ¥27 per million tokens. The adjustment affects input, output, and off-peak rates, potentially impacting developer project budgets.
Read More