PANews

PANews July 28, according to Bybit data, WTI crude oil’s intraday decline widened to 4.00%, now at $77.91 per barrel. Brent crude oil is down about 4.5% now, at $81.5 per barrel.

According to CoinGlass data, over the past 24 hours, about 131.3k traders in the global crypto derivatives market were liquidated, for a total of about $608 million. Of this, long positions were liquidated for about $511 million and short positions for about $96.69 million; longs accounted for about 84%. By exchange, Binance, Hyperliquid, and OKX were dominated by long liquidations, with approximately $236 million, $181 million, and $52.85 million liquidated respectively. The largest single liquidation occurred on the Hyperliquid platform for the XYZ:SKHX-USD contract, at about $24.61 million. BTC and ETH still remain the highest-liquidation assets by amount, with market leverage long risk clearly rising.

In Ghana’s revised 2026 budget, the country will allocate 50 billion cedis to the Ghana Gold Board to buy gold from small-scale miners in order to boost foreign exchange reserves; the program is financed by the government’s budget and replaces pre-financing by the central bank. After gold mines monopolized exports, exports rose from $10.3 billion in 2024–2025 to $21.0 billion, official foreign reserves increased to $14.5 billion, the cedi appreciated by about 41% in 2025, and inflation fell from 23.8% at the end of 2024 to 5.3% in June. To hedge budget risks, capital expenditure was cut from 57.5 billion to 52.5 billion cedis.

PANews July 28 news, Bybit data shows that Micron Technology (MU.O) shares fell 10.45%, now quoted at 807.13USD per share, and the market cap fell to around $900B.

At block height 3,428,143, Zcash completed the Ironwood NU6.3 upgrade, launching a new shielded pool to enhance security and enable verifiability of ZEC supply. After the upgrade, the original Orchard pool is restricted: new funds cannot enter, and existing funds must be migrated out via turnstile and then entered into Ironwood to ensure that spending does not exceed verifiable income. Ironwood is based on a revised protocol with formal verification and independently audited security, aiming to mitigate risks of vulnerabilities similar to those in Orchard. Wallets that support Ironwood, such as Zodl 3.8.0, provide a migration path: users can migrate their Orchard funds to the new pool without needing to change addresses.

Nansen’s CEO said that within about two years, AI trading agents will surpass human traders. The company is shifting its product from an analysis tool to “trade-ready,” rebuilding the platform around using agents to trade every asset on-chain. So far, the trading volume has exceeded $500 million. Of the top 15 perpetual contracts, about 10 are for non-crypto assets, including SpaceX, the S&P 500, gold, and crude oil. After backtesting, it plans to roll out trading agents with higher autonomy to lower costs and mitigate input poisoning.

PANews July 28 news: OKX (Ouyi) market data shows that ETH has just broken above $1,900, and is currently trading at $1,900.90 per coin, down 1.40% over the day.

According to Onchain Lens, the Bitwise-owned BHYP Hyperliquid ETF recently transferred about 39.31k HYPE back to Coinbase, with a contract value of about $2.13 million; over the past few weeks, it has cumulatively transferred about 280.69k HYPE, worth about $17.35 million. Currently, the fund holds about 354.04k HYPE (about $19.25 million), and the value of HYPE staked with Hyperliquid is about $34.62 million.

PANews July 28 report: According to Bybit data, the S&P 500 index turned upward, and the Nasdaq 100 index’s decline narrowed to 1.1%.

PANews July 28 reports that since SpaceX’s stock price hit a peak in June, Musk’s wealth has already fallen by about $650 billion, while the stock prices of Tesla and SpaceX are still continuing to drop. However, even after the sharp decline, Musk’s net worth still exceeds $700 billion.

PANews July 28, according to PR Newswire, on-chain execution infrastructure company Birdai Labs announced the completion of a $4 million seed round. The round was led by Castle Island Ventures, with participation from Metalayer Ventures and The Venture Dept. Birdai Labs focuses on infrastructure that provides measurement, verification, and optimization of transaction execution quality for high-performance public chains. Its goal is to reduce value leakage between orders and trades caused by ordering and propagation, and to return more value to traders and market makers. The company’s team comes from Franklin

Hyperliquid provides a unified liquidity infrastructure for wallets and exchanges by sharing an order book with HyperEVM. MetaMask will integrate in October 2025, allowing users to trade perpetual contracts directly inside the wallet and charging a 0.1% builder fee on notional trades; the South Africa-regulated exchange VALR has abandoned building its own order book and instead routed to Hyperliquid to address liquidity shortages. Its “builder code” model outsources matching, oracles, margin, and more; developers have already earned about $90 million, and investment products related to the native token HYPE have been appearing one after another.

Fish Audio announced that it has completed a $50 million seed round, led by Coreline Ventures and Juheng Capital, with other investors also participating. Since going live last year, it has attracted more than 8 million users to use its open-source or hosted speech models, with annual recurring revenue of $21 million. It has released 4 speech generation models and 1 speech-to-text model. Its latest S2.1 Pro is offered only via paid APIs and serves businesses such as HeyGen, Sanas, and Plaud. In the future, it will launch audio understanding and speech-to-speech models, competing with rivals such as ElevenLabs and Speechify.

Tether signed a memorandum of understanding with the Nairobi Securities Exchange in Kenya to cooperate in digital asset education, asset tokenization, and blockchain infrastructure. The plan is to provide training for brokerages and retail users, and to use the Hadron platform to advance security tokenization, instant settlement, and fractional investing. The two sides will also evaluate USD₮ as a digital settlement layer to improve liquidity, shorten settlement cycles, and optimize AML/KYC.

A Secret Network community draft says former SNF head Lisa Loud proposed that after Secret Labs exits, a new entity would take over Secret L1 and restructure the token economy via a one-time massive issuance. By using “dilution issuance,” the old supply would be diluted to about 20%. Without migrating chains or removing token holders, new minted tokens would be distributed to the new entity, validators, cross-chain relayers, developers, and victims of bridge hacks, and protocol taxes would be used for ongoing funding of development and infrastructure. The proposal emphasizes including SCRT staked in contracts such as Shade into the continuing chain, and explicitly sets compensation amounts for hacker victims in the distribution; however, it warns of risks such as concentrated voting power, excessive dilution, and exchange delistings.

PANews July 28 — According to Bybit data, the U.S. Philadelphia Semiconductor Index fell more than 5% intraday, dropping to its lowest level in two months. Micron Technology (MU.O) fell nearly 9%, while SanDisk (SNDK.O) and Western Digital (WDC.O) fell more than 12%. Nvidia (NVDA.O) fell more than 1%, AMD (AMD.O) fell more than 8%, Intel (INTC.O) fell more than 6%, and Broadcom (AVGO.O) fell 2.8%. The Nasdaq 100 Index has fallen 10% from its all-time high.

PANews July 28, citing Bybit data, Apple (AAPL.O) has for the first time surpassed a market value of $5 trillion, with its share price at $342; so far this year, it is up about 25%.

CNBC reports that some U.S. lawmakers are pushing to include crypto assets in traditional wash sale rules to close a tax loophole for digital assets. Under current rules, losses on stocks are not deductible if similar assets are repurchased within 30 days, but crypto assets treated as property, such as Bitcoin, have not been subject to these limits. Arrington has proposed a bill; the U.S. Treasury estimates that if it is expanded to digital assets, it could raise nearly $24 billion over the next decade. Some investors holding crypto assets through vehicles such as Bitcoin ETFs have already been subject to wash sale restrictions.

PANews July 28, according to OKX market data, BTC just fell below $63,000, and is currently trading at $62,975.50 per coin, down 2.45% on the day.