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8/12
06:25
Amid the $473 million legal dispute, RedotPay expects Binance to end its Singapore case, while Binance asserts its claims remain active.
06:21
The event runs from Aug 12, 2026, 10:00 AM UTC to Aug 23, 2026, 11:00 AM UTC. Participants need to trade at least 500 USDT worth of USDC on Spot to earn a share of the prize pool.
06:19
Federal Reserve Bank of Cleveland President Beth Hammack stated in an interview that a single 25 basis point rate hike would likely not be enough to combat the current inflation, though she did not specify a number. Hammack, who was among three regional bank presidents dissenting at the Fed's late July meeting in favor of a quarter-point rate increase, emphasized the Fed must act to ensure stable prices. She noted that inflation is eroding workers' wage gains and businesses are struggling with higher costs, partly due to energy supply shocks from the Iran War.
06:19
Dominic Basulto, an analyst for The Motley Fool, predicts that Solana (SOL) will surpass Ethereum (ETH) to become the leading altcoin by 2030. He highlights Solana's advantages in speed, cost-efficiency, and its strategic pivot into decentralized finance (DeFi), including stablecoins and real-world asset (RWA) tokenization. Basulto notes that the Solana Foundation's Chief Product Officer, Vibhu Norby, envisions Solana becoming "the Netflix or the Amazon of finance." Investment firm VanEck, in its October 2023 bull case scenario, projected Solana could reach $3,211 by 2030.
06:18
The Bank of England (BOE) is moving its digital pound exploration into Phase 2, where its Digital Pound Lab will test how public stablecoin infrastructure and central bank money can coexist in a single payment flow for trade finance. The experiment, involving NOBO Finance, Dun & Bradstreet, and Polygon Labs, aims to improve efficiency for small businesses by allowing exporters to receive stablecoins while importers settle in a potential digital pound. The lab uses no real customers or money and does not signal any decision to issue a digital pound.
06:14
The analysis highlights that while corporate profits continue to climb, the valuation premium for tech stocks is decreasing. A year ago, investors paid roughly 35% more for a dollar of expected tech earnings than for a dollar of S&P 500 earnings; today, that premium is about 10%. The article cites Sam Ro of TKer newsletter, who argues that earnings and expectations for earnings growth are the most important long-term drivers of stock prices, with robust sales growth, expanding profit margins, and rising earnings estimates indicating a strong business backdrop.
06:14
According to Zillow lender marketplace data, the average 30-year fixed mortgage rate increased by 6 basis points to 6.65% today, Wednesday, August 12. The 15-year fixed loan rate also rose by 3 basis points to 6.00%. The 5/1 adjustable-rate mortgage (ARM) saw a slight decrease of 1 basis point to 6.51%.
06:14
The AI cloud infrastructure company's stock climbed from a previous close of $193.23, with investors reacting positively to its second-quarter financial results. The rally was further bolstered by a bullish assessment from Goldman Sachs analyst Alexander Duval, who assigned the highest price target on Wall Street, citing constrained GPU supply and Nebius's asset-light cloud infrastructure model as competitive advantages. Positive sentiment in the wider neocloud sector, including CoreWeave's strong results and reports of Nvidia's $500 billion infrastructure funding initiative involving Nebius, also contributed to the gains. High short interest, representing approximately 24% of the company's free float, magnified the upward movement.
06:10
According to Korean tech media The Elec, GlaSSEM, a glass core substrate company jointly established by Samsung Electro-Mechanics and Dongwoo Fine-Chem, failed to pass the reliability certification for glass substrate samples from a global communication semiconductor customer. This has led to continuous delays in equipment procurement schedules and a halt in production line construction.
06:08
According to Lookonchain, as Bitcoin (BTC) rose, a trader with address 0xff84 saw their 1,793 BTC ($114.4 million) short position come very close to liquidation. The trader closed part of the position early, successfully avoiding liquidation. The current position stands at 1,543 BTC ($98.97 million), with a new liquidation price of $64,225.35.
06:05
Binance founder CZ retweeted Ben Todar's post, which showcased the slogan "All On Binance" in multiple languages, noting its high recognizability worldwide.
06:04
Binance CEO Changpeng Zhao (CZ) stated that the exchange's rapid market share growth in new sectors is primarily due to its focus on users. He contrasted this with other exchanges that 'extract maximum profit' from users through high fees or even trading against them, noting that such practices ultimately fail to retain users. CZ emphasized that 'protecting users equals protecting your future businesses, even the ones you haven't launched yet.'
06:01
The South Korean pop superstars' Arirang world tour, their first since completing mandatory military training, is anticipated to drive a surge in the city's hospitality sector, mirroring the booking increase seen in Seoul when the tour kicked off in April.
05:46
Norway's 2.3 trillion dollar sovereign wealth fund reported a record-breaking profit of 184.3 billion dollars in the first half of the year, primarily driven by the strong performance of Asian technology stocks. The fund's CEO, Nicolai Tangen, noted that the fund's top ten holdings now account for 20% of its total assets, with an increasing reliance on chip manufacturers such as NVIDIA, Apple, Google, Microsoft, and TSMC, and warned that he has "never seen such a high concentration."
05:40
Dom Rizzo, global technology equity fund manager at T. Rowe Price, believes hyperscalers can comfortably fund their AI investment spending and derive high returns with a short payback schedule. He sees more echoes of 1998 than the dot-com bust in the current AI bonanza.
05:35
The move follows an IRS safe harbor bulletin issued in November 2025, allowing qualifying crypto trusts to stake assets without losing their grantor-trust tax status. Fidelity's FETH, with $898 million in net assets, could stake up to 100% of its ether, joining Grayscale and 21Shares in offering staking for existing ether funds.

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