What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source：CoinDesk
Bitcoin price eyes $66K as US stocks rise on Iran-strike pause
Bitcoin copied US stocks as relief over end of USIran strikes spread to risk assets at the start of the US trading session. Source：Cointelegraph
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT closed its first day of trading with a market capitalization of $85 billion Source：MarketWatch
South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails are moving deeper into…
WEMIX says attacker moved about $724,000 after contract breach
WEMIX suspended bridges, liquiditypool trading and several services after an attacker compromised a WEMIX$linked contract and moved 724,198 USDC.e.…
Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while…
U.S. regulator warns prediction markets against cutting corners in event contracts
The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookiecutter selfcertification. Source：CoinDesk
BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end…
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July…
Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size
The chain built to put equities onchain has tripled in size since midJuly, and a dozen tokenized stocks are now each clearing $500,000 a day. Realworld assets…
House passes bill on lawmakers using insider information for stock trading
According to Senator Elizabeth Warren, the House bill “won’t solve the problem“ of insider trading in Congress as lawmakers will still be allowed to own and…