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08-05
KuCoin Isolated Margin Adds GRVT Trading Pair
In accordance with Announcement, KuCoin's Isolated Margin Trading has added the Grvt (GRVT) asset and trading pair. GRVT/USDT is now available with a forced liquidation fee of 4% for GRVT and 0% for USDT. The margin coefficient for GRVT is 0.97. Margin trading involves risks, and KuCoin advises user
Two whales on Hyperliquid had $9.4 million in Nasdaq-100 short positions liquidated, then reopened new short positions.
HuoXing Finance reports that on August 5, according to TradingBeats (formerly Hyperinsight), the Nasdaq futures contract XYZ100 on Hyperliquid is currently trading at $29,733, up approximately 3.2% from yesterday, with an open interest value of about $246 million. As XYZ100 continued to rise, two hi
Palantir Surges 30% on Strong Q2 Earnings Despite Michael Burry's Short Position
ME News reports that on August 5 (UTC+8), U.S. stock Palantir surged nearly 30% after reporting earnings, becoming one of the day’s most prominent AI software stocks. The company’s second-quarter revenue increased 93% year-over-year to approximately $1.935 billion, with adjusted earnings per share o
a16z-backed game studio Proof of Play shuts down, opens source for Pirate Nation
a16z-backed blockchain gaming studio Proof of Play has announced it is shutting down and open-sourcing the code, smart contracts, art IP, and internal AI-assisted development tools for its game Pirate Nation under the CC0 license for developers to use.
Palantir Q2 Revenue Exceeds Expectations; Goldman Sachs Raises Price Target to $204
According to Cowen Research, Palantir reported Q2 revenue of $1.95 billion, a 93% year-over-year increase, exceeding market expectations by 7%. The stock rose 15% in after-hours trading following the earnings release. U.S. commercial business revenue grew 150% year-over-year, accelerating from 133%
Palantir Q2 Revenue Exceeds Expectations, Business Growth Accelerates to 150%
Written by: RitaPalantir reported second-quarter revenue of $1.95 billion, a 93% year-over-year increase and 7% above market expectations. The stock rose 15% in after-hours trading following the earnings release. U.S. commercial business revenue grew 150% year-over-year, accelerating from 133% in th
Chinese AI company MiniMax restricts use of its video model H3 in the U.S., EU, and South Korea.
Currently, Hollywood giants such as Disney, Universal, and Warner Bros. Discovery have filed lawsuits against MiniMax for using copyrighted content without authorization to train AI models. In May of this year, a U.S. court dismissed MiniMax’s motion to dismiss, and the case is currently under revie
CASHCAT Market Cap Surpasses $90M, 24-Hour Gain Exceeds 39%
BlockBeats report, August 5: According to GMGN market data, the Robinhood Chain meme coin CASHCAT has regained momentum, with its market capitalization surpassing $90 million, currently trading at $91.2 million—a more than 39% increase over the past 24 hours, with a 24-hour trading volume of $21.1 m
China launches five AI models in eight weeks, pricing out U.S. mid-tier competitors
China has rolled out five models in eight weeks, carving out a "dead zone" that crushes mid-range competitors globally, forcing U.S. counterparts to choose between lowering prices or upgrading.
(Prior context: Why is Silicon Valley collectively anxious about China AI’s extreme value-for-price ratio?
NVIDIA-led OSAA grows to over 120 members in one week
According to TechCrunch, just one week after its launch, the Open Security Alliance for AI (OSAA), spearheaded by NVIDIA, has grown to include over 120 member companies, including tech and financial giants such as Adobe, BlackRock, Cisco, Intel, Microsoft, and Visa. During the Black Hat cybersecurit
South Korean police investigate Samsung and SK Hynix executives for alleged breach of trust.
BlockBeats report: On August 5, a Korean shareholder group filed criminal charges against the CEOs of Samsung Electronics and SK Hynix, alleging that their bonuses are not subject to collective bargaining agreements; police have launched an investigation into the case. On August 5, a shareholder gro
Whale Rock's AI Bet Turns Volatile: July Losses Erase Half of 2026 Gains
Whale Rock Capital Management’s flagship hedge fund fell 21.7% in July. The drop cut its 2026 gains roughly in half as artificial intelligence and semiconductor stocks sold off.Whale Rock’s year-to-date return dropped to 35.1% through July. That’s down from 72.5% at the end of June, a person familia
Whale closes 18,000 MU longs for a $484,000 profit and plans to liquidate 22,000 SMSN longs with a $100,000 loss.
On-chain analyst Ai Yi detected that address 0x66f…38836 initiated a TWAP sell order for 18,000 MU at an average price of $879.30, locking in profits from an entry average price of $852.41, with an estimated profit of $484,000; the address plans to close 22,000 SMSN long positions, which would resul
Hyperion Wallets unstake 519,500 HYPE worth $28.56M
According to Onchain Lens, two Hyperion wallets have collectively unbonded 519,500 HYPE tokens, valued at approximately $28.56 million. The address starting with 0x8372 unbonded 413,000 HYPE tokens, worth approximately $22.7 million, while the address starting with 0x34a1 unbonded 106,500 HYPE token
MARA transfers 6,000 BTC to TwoPrime, possibly for asset management
According to on-chain analytics platform Lookonchain (@lookonchain), Bitcoin mining company MARA transferred 6,000 BTC (approximately $384.6 million) to TwoPrime over the past five hours. MARA currently holds a total of 36,303 BTC (approximately $2.34 billion).
