24/7 Blockchain industry dynamics and breaking crypto news
As reported by MyXmr, the token launch platform on Robinhood Chain has exceeded $4 billion in cumulative trading volume as of August 31. This milestone highlights growing demand for innovative token distribution models and the platform's role in facilitating project launches.
Read MoreThe Bank of England Governor warned G20 that frontier AI models could amplify cyber risks and interact with existing financial vulnerabilities, threatening global stability. He highlighted enhanced AI-driven attacks, regulatory gaps, and high market leverage, urging institutions to adopt isolated backup systems.
Read MoreChina's MIIT launched a new initiative to cultivate AI application service providers. Key measures include promoting modular solutions, facilitating industry matchmaking, opening real-world testing scenarios, and increasing procurement of services like large AI models to accelerate adoption and support global expansion.
Read MoreFollowing a security breach and operational shutdown of the BounceBit project, Binance will cease support for its mainnet. Starting September 1st at 15:00 UTC, BB token deposits and withdrawals will be fully migrated to the BNB Smart Chain network for continued user access and security.
Read MoreIran's oil chief denies reports of an attack on the Kharg Island terminal, calling related claims "ridiculous." Operations are normal at the facility, which handles 90% of Iran's oil exports. Upgrades are underway despite past attacks.
Read MoreSouth Korea's KOSPI index reversed losses to close 0.15% higher on August 31, driven by pension funds injecting roughly 1.2 trillion won into stocks, particularly tech shares, during the final 20 minutes of trading.
Read MoreHTX has officially addressed recent market rumors, labeling them as "expected market games" and affirming normal operations. As a platform that has weathered 13 years in Web3, HTX urges the market to rely on time and objective data for rational judgment.
Read MoreAnt Group CEO Han Xinyi outlined four global AI payment paths: payment tech platforms, crypto payment networks, traditional card schemes, and AI platform companies. Cryptocurrency is emerging as a key medium for machine-to-machine automated payments.
Read MoreCrypto projects have spent nearly $640 million on token buybacks this year, far exceeding last year's figures. Data shows two platforms dominate nearly 90% of the total, highlighting a strategic shift toward using buybacks to manage market downturns and support token value.
Read MoreAhead of its planned IPO, SB Energy has granted OpenAI warrants worth approximately $5.5 billion to secure the AI giant as a key data center tenant. The deal strengthens their partnership as SB Energy targets a $5-7 billion public offering, with both OpenAI and SoftBank set to use its facilities.
Read MoreThe midday market on August 31 focuses on geopolitical risks and macro policy. US military action against Iran triggered a surge in oil prices. Significant institutional fund movements were observed, and expectations for a hawkish Fed pivot are strengthening, with multiple forecasts pointing to rate hikes in September and December. Major crypto assets also face substantial token unlocks this week.
Read MoreBinance will facilitate cash dividend distributions for Qualcomm, PayPal, and Alphabet through its bStocks tokens. Net dividends will be reinvested into the corresponding tokens. Users must hold assets by specified snapshot times. Spot trading remains unaffected, though token transfers will be briefly suspended around the distribution.
Read MoreOn August 31st, WTI crude oil prices surged past $85 per barrel, marking an impressive intraday gain of 2.71%. The rally was even more pronounced in the futures market, where WTI crude oil futures jumped 3% to $85.95. This significant upward move has intensified focus on the underlying forces in the energy market.
Read MoreHyperliquid has launched perpetual futures trading for PONS, with a current mark price around $0.33 and open interest exceeding $520,000. The negative funding rate indicates prevailing market sentiment. This move expands the exchange's derivatives offerings.
Read MoreUS spot Bitcoin ETFs attracted a net inflow of $924.5 million last week, while spot Ethereum ETFs saw $815.7 million. This signals strong institutional interest and renewed confidence in the crypto market, highlighting sustained capital allocation into major digital assets.
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