PANews

Ava Labs announces leadership changes: Charley Cooper has been appointed president, Lydia has been appointed chief financial officer, former president John Wu has transitioned to senior advisor, and Emin Gün Sirer will remain CEO. Sirer said blockchain has moved from the experimental stage into the era of global finance and enterprise infrastructure, and that Cooper’s operational discipline and institutional perspective will drive broad technology adoption, while Wu will continue to provide support as an advisor.

According to SoSoValue, the XRP spot ETF saw approximately $5.8088 million in net inflows on August 18, including $2.2372 million for the Bitwise XRP ETF, bringing its historical total net inflows to $515 million, and $1.9408 million for GXRP, bringing its historical total net inflows to $133 million. As of press time, the XRP spot ETF had total net assets of $941 million, a net asset ratio of 1.50%, and cumulative historical net inflows of $1.52B.

South Korea’s two largest exchanges saw first-half results plunge by about 49%: Dunamu posted net profit of 108.4 billion won, while Bithumb recorded a loss of 108.7 billion won. The reasons lie in their revenue structures and costs: Upbit relies primarily on trading fees and has relatively good cost controls, while Bithumb depends almost entirely on fees and incurred impairment and compliance expenses. The market downturn and retail funds shifting toward AI and semiconductor stocks, along with expectations of a 2027 crypto-asset capital gains tax, also suppressed trading appetite. Both companies are pursuing IPOs, with Dunamu seeking to partner with Naver Financial to pursue a KRX listing, while Bithumb is targeting a 2028 listing. The key question is whether investors can accept profits no longer evaporating by 80% when trading volume declines again.

A White House official confirmed that prediction market companies will not be invited to this Wednesday’s technology leaders event, despite expectations that cryptocurrency and prediction market executives will be invited. The event is seen as the inaugural meeting of the CFTC advisory committee, hosted by Trump and aimed at strengthening U.S. innovation and technological leadership; cryptocurrency executives will still attend, but Kalshi and Polymarket have not responded.

Unitree Technology listed on the STAR Market, surging over 500% at the open and achieving a market capitalization of more than ¥350 billion. Chairman and CEO Wang Xingxing directly holds 86.71M shares (21.44%) and indirectly holds another 9.54% through an incentive platform, for a combined stake of approximately 30% valued at more than ¥100 billion, making him the richest person born in the 1990s. The 2025 New Fortune Rich List shows that Liu Jingkang, founder of Insta360, became the new richest person born in the 1990s with a fortune of ¥20.2 billion.

PANews, August 19 — Market data shows that humanoid robot-themed ETFs weakened. Multiple robot ETFs, including Fullgoal Robot ETF, GF Robot ETF, and Penghua Robot ETF, fell more than 5%.

PANews, August 19: According to monitoring by on-chain analyst Ai Yi, Unitree Technology’s opening price far exceeded expectations. Address 0xa44…5329d holds a 5x short position on 10,431.76 UNITREE, opened at $81.8, with an unrealized loss of $526k, making it the largest unrealized-loss position in UNITREE on Hyperliquid. The liquidation price is $172.18.

PANews, August 19 — According to Bybit market data, at the A-share market open, the Shanghai Composite Index fell 0.96%, the Shenzhen Component Index fell 2.09%, and the ChiNext Index fell 2.7%. N Unitree rose 629.44% on its first trading day, with its share price currently at 1,100 yuan, compared with an issue price of 150.80 yuan per share.

PANews, August 19 — According to a report by CLS, Anthropic is expected to conduct an IPO within the next few weeks. Anthropic’s second-quarter revenue more than doubled from the first quarter.

Zhipu has officially launched the GLM-5.3 API. The next-generation foundation model excels at complex coding, defensive cybersecurity, and long-horizon tasks, scoring 60 on the Artificial Analysis Intelligence Index and entering the global frontier model capability tier. It ranks alongside closed-source flagships such as Claude Fable 5 and GPT-5.6 Sol, and ties with Kimi K3 for first place among open-source models. GLM-5.3 has been integrated into official products including ZCode and GLM Coding Plan. API pricing remains the same as GLM-5.2, and its weights are scheduled to be open-sourced next Friday.

PANews, August 19 — According to Lookonchain monitoring, trader 0x3be7 opened a long position of 1.94 billion PUMP ($6 million) with 10x leverage, with unrealized profits of $246k and a liquidation price of $0.002852.

Maya Protocol founder disclosed that the project was attacked, with approximately 20 BTC (about $1.4 million) and other assets stolen. The team has suspended global operations and is fixing the vulnerability to restore trading; the losses mainly stemmed from arbitrage and pool fees under extreme slippage. It plans to replenish the funds through communication with relevant parties and investments such as Aztec Chain; if the 20 BTC is returned to the pool, the CACAO price will recover to $0.115. The team also hopes the attacker will accept a bug bounty and return the funds.

According to SoSoValue data, on August 18, SOL spot ETFs saw daily net inflows of $1.5843 million, all from the Bitwise Solana Staking ETF (BSOL), bringing historical total net inflows to $902 million. As of press time, SOL spot ETFs had total net assets of $924 million, a net asset ratio of 2.06%, and cumulative historical net inflows of $1.16B.

According to Cointelegraph, prosecutors in the Southern District of New York asked the court to reject Mashinsky’s motion to vacate his conviction and reduce his sentence, saying his legal arguments were unfounded. Mashinsky was sentenced to 144 months and fined $48 million for commodities and securities fraud. The motion involves FTX and former colleague Cohen-Pavon, and prosecutors said he failed to submit an affidavit. The CFTC permanently barred him from engaging in commodities trading in June, while the SEC’s civil lawsuit is still ongoing. Cohen-Pavon has been released after providing substantial assistance.

Solana mainnet has officially activated the first slot time reduction, from 400ms to 350ms, scheduled to take effect in Epoch 1020. Some SDK constants have not been updated in time, and the transition period may affect applications that depend on these constants. It is recommended to manually check whether the feature is enabled at the Epoch boundary. In the long term, the parameters will be put on-chain for client-side queries, but accepting a transition period is necessary for earlier implementation.

PANews, August 19 — On-chain analyst Ember observed that Unitree Technology is set to open at 9:30, and an address has placed an order on Hyperliquid at $90 (approximately 603 yuan) to buy a $5 million Unitree long position.

PANews, August 19 — According to Lookonchain monitoring, Multicoin Capital deposited another 172.71k HYPE ($10.15 million) into Coinbase Prime 7 hours ago.

Robinhood CEO Vlad Tenev called on U.S. regulators on X to establish a framework for tokenized stocks, warning that inaction would allow overseas markets to dominate the financial infrastructure of the future. Its tokenized stocks are available in more than 120 countries and cover approximately 190 U.S. stocks, offering dividends and economic exposure, as well as advantages including real-time settlement, 24/7 trading, and cross-platform transfers. If the U.S. is absent, the world will build a new system centered on U.S. assets, while Americans will be excluded.

PANews, August 19 — Pump.fun co-founder Alon announced on X that the marketing team of Pump.fun’s development company, Baton Corporation, is hiring for two new positions: an X social media manager and a video editor, with the goal of attracting more users to the platform. The team plans to expand its content production capabilities to cover product announcements, memes, advertisements, and other content.