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08-14
DJT Stock Drops 6% Amid Lawsuit Over Trump Posts API Access
Key InsightsDJT stock fell 6% as a federal lawsuit challenged preferential access to Trump’s posts.Truth API charges roughly $60,000 to $100,000 monthly for faster access to selected posts.Trump Media said Truth API had secured more than 10 corporate subscribers.Trump Media & Technology Group sh...
Grayscale Analyst: ETH and SOL May Face Supply Contraction, Lower Inflation to Enhance Token Scarcity
ChainCatcher reports that Zach Pandl, Head of Research at Grayscale, stated that the Ethereum (ETH) and Solana (SOL) blockchain networks are considering adjustments to their tokenomics models to reduce future token supply growth by lowering annual inflation rates, thereby enhancing asset scarcity. A
Galaxy Discloses Progress on Coldcard Attack: 1,778 BTC Stolen, 33 Attacker Address Clusters Identified
Odaily Planet Daily reports that, according to Galaxy Research, attacks related to the Coldcard vulnerability have resulted in at least 1,778 BTC stolen, valued at approximately $112 million, with potential final losses likely higher. Galaxy Research has tracked three major attack waves and over 30
Bitcoin Developers Remove Luke Dashjr as BIP Editor Over Conflict of Interest
The Bitcoin project's BIP editors have stripped Luke Dashjr of his rights, 26 hours after Mark Erhardt filed a motion for his removal. The trigger was a conflict of interest around the failed chain split to BIP-110.BIP editors manage the Bitcoin Improvement Proposals, the formal change requests for
Neutrl Pauses NUSD Minting and Redemptions Amid Reserve Uncertainty
TL;DRNeutrl paused NUSD minting, redemptions and protocol functions after unspecified circumstances affected reserves, without identifying the asset, counterparty, loss amount or recovery timeline.Strata also suspended related functions in its Neutrl market, while $53.6 million of NUSD remains outst
AI stocks rise at the U.S. market open, AeroVironment surges 8.52%
Odaily Planet Daily report: According to MSX.COM data, at the opening of U.S. markets, the Dow Jones Industrial Average fell 0.24%, the S&P 500 index rose 0.07%, the Nasdaq Composite rose 0.21%, and the VIX volatility index declined 0.82%. AI-related stocks rose broadly, with AeroVironment up 8.52%,
Legendary investor Ron Baron predicts SpaceX's valuation could reach $4 trillion in 10 to 15 years.
ME News: On August 14 (UTC+8), Ron Baron, founder of Baron Capital and legendary investor, made an aggressive forecast regarding SpaceX’s future growth potential, suggesting that the space company founded by Elon Musk could reach a valuation in the trillions of dollars over the next 10 to 15 years.
Galaxy Research: Over 1,778 BTC Stolen via Coldcard Wallet Vulnerability
ChainThink reports that, as of August 14, Galaxy Research disclosed on X that over 1,778 BTC stolen due to a vulnerability in Coldcard hardware wallets have been identified, valued at approximately $112 million, with the final loss figure expected to rise further.As of now, no new attacks have been
Grayscale: ETH and SOL inflation reduction plans may support prices
ChainThink reports that on August 14, Grayscale Research Head Zach Pandl stated that the Ethereum and Solana communities are discussing adjustments to their token economic models; if implemented, these proposals could reduce the annual supply inflation rates of ETH and SOL and provide price support,
Hong Kong Launches First Regulated HKD Stablecoin, Retail Access Restricted
SummaryAnchorpoint Financial, a Standard Chartered subsidiary, launched HKDAP on August 12 as Hong Kong's first regulated HKD-backed stablecoin, initially restricted to institutional and professional investors under the city's new Stablecoins Ordinance.Key TakeawaysThe HKMA received 36 stablecoin li
Citrini Analyst Questions SanDisk's HBF vs. HBM Performance Claims
Huoxing Finance reports that on August 14, Citrini analyst Zephyr published a post questioning the parameter settings in SanDisk’s investor day presentation comparing HBF and HBM performance, suggesting the company deliberately underrepresented HBM’s capabilities. He noted that SanDisk set the total
EdgeConneX Seeks $2.5B Financing for Meta's 1-Gigawatt Ohio Data Center
EdgeConneX is working to syndicate roughly $3 billion in loans to build a 1-gigawatt data center campus in New Albany, Ohio, purpose-built for Meta Platforms. The project, called Prometheus, represents one of the largest single-site data center financing efforts to date and introduces a financial st
StablecoinX Reports $21.8M ENA Reserve in First Financial Report
According to ME News, on August 14 (UTC+8), StablecoinX, a treasury company listed on Nasdaq and affiliated with Ethena, released its first financial report, revealing that it has established a reserve of approximately 3 billion ENA tokens, including around 285 million ENA contributed by the Ethena
Kospi Surges 20% From July Low as Sandisk Rally Reignites AI Chip Bull Market
South Korea’s Kospi has staged one of the fastest market reversals of the year, climbing more than 20% from its late-July low and returning to technical bull-market territory less than two weeks after a brutal semiconductor-driven selloff.The benchmark rose nearly 22% from its July 30 closing low by
StablecoinX Reports $21.8M in ENA Reserves in First Financial Report
Odaily Planet Daily report: Ethena’s treasury company, StablecoinX, a Nasdaq-listed entity, released its first financial report, revealing that it has established a reserve of approximately 3 billion ENA tokens, including about 285 million ENA contributed by the Ethena Foundation and approximately 2
