How to wish Social Security a happy 91st birthday
Let’s all agree that, going forward, we’ll stop saying that Social Security will “run out of money” in 2032. Source：MarketWatch
Hyperliquid RWA contracts grow to 32% of trading activity in Q2
Tokenized realworld assets accounted for more than a third of Hyperliquid’s quarterly trading volume, generating 6.6% of the protocol’s $169 million quarterly…
Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
JPMorgan strategists say some big hedgefund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.…
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams…
Oil prices rise after vessel reports being hit in Strait of Hormuz
The United Kingdom Maritime Trade Operations Center said a ship reported being struck by an “unknown projectile” in the waterway. Source：MarketWatch
JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
JPMorgan’s U.S. economics team says last week’s postdecision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012…
Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source：CoinDesk
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs. Source：CoinDesk
RWA perpetual futures volume nears Bitcoin on Hyperliquid, Binance
RWA perpetual futures reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance as tokenized equities led trading. Source：Cointelegraph
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source：MarketWatch
Oil prices decline further after Trump claims ‘deep talks’ are underway with Iran
Brent crude and West Texas Intermediate’s frontmonth contracts fell again as the U.S. and Iran continue to pause fighting. Source：MarketWatch