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Over the past 24 hours, $311 million in crypto futures positions were liquidated across the network, mainly long positions.
PANews reported on August 29 that CoinGlass data showed $311 million in cryptocurrency futures liquidations across the market over the past 24 hours, with 72,459 people liquidated worldwide. Of this, long liquidations totaled $263 million, while short liquidations totaled $47.8925 million. BTC liquidations totaled approximately $111 million, and ETH liquidations totaled approximately $73.3334 million. The largest single liquidation occurred on Binance-ETHUSDT, valued at $11.67M.
BTC-1.65%
ETH-2.44%
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Over the past 24 hours, $275 million in contracts were liquidated across the market, primarily long positions.
PANews, August 29 — CoinAnk data shows that $275 million worth of crypto market-wide futures positions were liquidated over the past 24 hours, including $235 million in long positions and $39.7009 million in short positions. BTC liquidations totaled $96.6761 million, while ETH liquidations totaled $60.4744 million.
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ETH-2.44%
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Study: The “digital gold” narrative is less effective for ordinary Americans, while a sense of control and micro-investing are more appealing.
BPI research shows that the “digital gold” narrative is unconvincing and confusing to average Americans, ranking last in nationwide testing. More effective messaging focuses on control, historical performance, and safety and convenience, advocating small investments (such as $10) rather than going all in. 52% of the persuadable middle group showed increased interest after exposure to multiple messages. Trusted messengers include personal finance advisors, retirement planning experts, and current holders, while celebrities ranked last. Exchanges/ETFs are advised to emphasize familiar interfaces and small allocations.
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BTC-2.99%
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BTC breaks above $78,000, down 0.41% on the day.
PANews, August 29 — OKX market data shows that BTC has just broken above $78,000 and is now trading at $78,000.70 per coin, down 0.41% on the day.
BTC-1.69%
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29% of the total PONS supply has been burned, and 80% of the protocol’s revenue is used to buy back and accumulate tokens.
PANews, August 29—Pons posted on X to update the token burn progress, stating that 29% of the total supply of PONS tokens has been burned and that 80% of the protocol’s revenue is used to buy back and accumulate PONS tokens.
PONS53.18%
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How Can Bitcoin Defend Against Quantum Computers? A Comparison of the Pros and Cons of Three Major Lattice-Based Signature Schemes
Written by: Blockstream Team
Compiled by: Saoirse, Foresight News
_Blockstream Research has published a comprehensive research report on lattice-based signatures for Bitcoin. This article summarizes the research, key findings, and related recommendations. __The full report can be viewed here__._
Digital signatures are the core mechanism authorizing Bitcoin transactions, and the Schnorr and ECDSA signatures currently serving this function incur extremely low costs. In 1994, Shor proved that a sufficiently powerful quantum computer could crack both types of signatures. Although there is still widespread debate over when such machines will become available, we need to develop a viable post-quantum signature deployment plan before the problem actually arises.
Lattice-based signature schemes are a leading candidate for replacing existing signatures. Lattice cryptography has been studied for more than one
BTC-1.69%
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Arthur Hayes: The Fed’s “continued money printing” will drive Bitcoin to $250k
Hayes said Scott Bessent has pledged to support the bond market and push the Federal Reserve to continue printing money, potentially driving Bitcoin to $250k. He urged people to “get ready and start buying,” expecting Bitcoin to strengthen significantly over the next few years; if the market challenges his resolve, it could exhaust the reverse repo facility and inject approximately $2.4 trillion in liquidity. Another report said TGA funds are nearing $1 trillion and could be used for bond purchases.
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U.S. CFTC orders former White House teleprompter operator to return $107k in profits and pay a $65k fine
PANews reported on August 29 that, according to The Block, the U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to return $107,539 in profits and pay a $65,000 fine for profiting on Kalshi mention markets by taking advantage of early access to President Trump's speeches.
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BitGo announces the acquisition of NYDIG’s institutional trading business for $42.5 million
BitGo has completed the acquisition of NYDIG’s institutional trading business for approximately $42.5 million (cash and stock), adding derivatives, structured products, and capital markets services, with about 30 employees and institutional client relationships transferring over. The transaction consists of two parts: $7 million in cash plus approximately $35.5 million in BitGo stock, along with an additional $10 million in cash tied to revenue milestones and up to $5 million more in consideration. Following the acquisition, NYDIG will focus on power, Bitcoin mining, and HPC data center businesses.
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BTC-1.65%
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Robinhood Chain’s DeFi TVL is approximately $680 million, up 17.78% over the past week.
PANews, August 29 — According to DefiLlama data, Robinhood Chain’s DeFi TVL is currently approximately $683 million, up 17.78% over the past week and ranking first among leading blockchains by growth rate. In terms of DEX trading volume, the network recorded $890 million in trading volume over the past 24 hours, ranking fifth across all networks. In addition, Robinhood Chain generated $279k in fees over the past 24 hours, ranking sixth across all networks.
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An entrepreneur’s reflection: With the same starting point, why did fomo get farther than us?
Original title: What Watching Fomo's Rise Taught Me About Vector
Original author: @philjacobson, Altitude
Original translation: Golem, Odaily Planet Daily
A few years ago, we developed Vector, a mobile social trading app for on-chain assets. Our business grew extremely rapidly, starting from zero and quickly reaching a peak of over $20 million in daily trading volume, while the product's cumulative trading volume reached approximately $1 billion. During the first few months after launch, as growth accelerated, our user retention looked more like that of a social network than a traditional trading app—which was exactly what we had originally set out to build.
However, at the end of 2025, we sold the company to.
COIN-6.33%
SOL-1.24%
TNSR-0.43%
MEME-1.20%
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Zhipu open-sources GLM-5.3 model weights, focused on agentic programming and cyber defense
Zhipu announced the open-sourcing of the GLM-5.3 weights, supporting local deployment and customization. The model excels at complex coding, defensive cybersecurity, and long-horizon tasks, scoring 60 points on the AA Comprehensive Intelligence Index, tying with closed-source flagships Claude Fable 5 and GPT-5.6 Sol, and tying with Kimi K3 for first place among open-source models. Only institutions with annual revenue exceeding $10 billion are required to undergo security reviews when providing model services externally.
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ZHIPU AI-6.03%
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James Wynn has returned again, shorting 1.33 BTC with 20x leverage
PANews, August 29 — According to monitoring by Lookonchain, trader James Wynn has returned once again, shorting 1.33 BTC ($103k) with 20x leverage. The liquidation price is $80,483.47.
BTC-1.65%
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The B-Side of bStocks: Not Building a Better Nasdaq, but Using Perps to Vie for Pricing Power
原标题: “The B-Side of bStocks: Not Building a Better Nasdaq, but Forging a Path to Pricing Power Through Perps”
Author: danny
Lu Xun once said: Don’t strive to be better; strive to be different. If the ultimate goal is to seize pricing power over the underlying assets, then don’t go head-to-head with Nasdaq where it is strongest. Instead, move the battlefield to what you do best: Perps, 24/7 trading, leverage, on-chain inventory, and decentralized wild/formal MMs.
Use Perps to seize the pricing high ground, and use bStocks to absorb inventory and correct errors—seize pricing power.
1848, Chicago Board of Trade
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Polygon Labs issues an emergency client upgrade notice following the Austin and Kyoto hard forks
Polygon Labs issued an urgent notice: after the Austin and Kyoto hard forks were activated, nodes still running older Bor/Heimdall versions will fall out of consensus and must upgrade to catch up. Austin block 91,949,700 requires Bor v2.10.0+, while Kyoto block 51,533,000 requires Heimdall v0.11.0+. Austin fixes two types of Bor resource-exhaustion risks: L1–L2 bridge state not being included in gas calculations and the TxDependency field having no upper limit. Kyoto fixes vulnerabilities including deeply nested message attacks, fee-token scanning, and checkpoint signature recovery. Both upgrades are binary-only, with no state migration; nodes that did not fork do not need to resync. Operators of older clients should upgrade and restore synchronization under Polygon’s guidance.
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Elihua: If Bitcoin pulls back to around $75,500, it will present a new opportunity; continue to be bullish on a rise after a modest pullback.
Yi Li Hua said on the platform that BTC has pulled back slightly as expected, and a drop to around $75,500 would be a good opportunity; he remains bullish on a rise after the pullback. He recalled mining at the 2015 lows through the 2017 bull market, investing in hundreds of projects with mixed results; after opportunities diminished, he turned to trading and stressed the need for humility. He profited nine times, but the 10th loss brought him back to square one.
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BTC-1.69%
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GoPlus: The GOLD fraud group profited over $8.2 million and deployed the malicious token PLATINUM
GoPlus warns that a fraud ring controls realtrumpcoins.com and @realtrumpcoins1, maliciously issued the GOLD token, drove its market cap to $60 million before dumping it, and made over $8.2 million in profits; the funds came from KuCoin, while another 15 trading addresses came from Binance. The ring also deployed the malicious PLATINUM token, whose contract can drain holders’ balances at any time. Do not buy it.
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Ajna v2 suffered an accounting manipulation attack via liquidations, resulting in losses of approximately $775k.
Ajna decentralized lending protocol’s v2 was exploited, and abnormal fund flows are under investigation. Users are advised to withdraw all funds, repay loans, and suspend interaction with the protocol. Defimon Alerts estimates the incident caused losses of approximately $775k, involving the syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI pools, among others, attributed to a liquidation accounting manipulation attack.
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WBTC-0.74%
USDC0.02%
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SK Telecom to spin off its AI data center business and establish a new entity, “SK Horizon,” with plans to raise $2.2 billion in external funding
PANews reported on August 29 that, according to Yonhap News Agency, South Korea’s largest mobile communications operator SK Telecom announced that it will spin off its artificial intelligence data center (AIDC) business into a new independent legal entity, “SK Horizon,” and plans to introduce a total of 3.08 trillion Korean won (approximately $2.2 billion) in external funding. The spin-off transaction is expected to be completed on February 1, 2027, with global private equity firm KKR, as well as IMM Investment and Stonebridge
KKR-0.58%
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On-chain RWA assets on Stellar surpass $3 billion, far exceeding the size of its DeFi market
RedStone says tokenized RWA assets on Stellar reached $3 billion in July, surging from $785 million in January; total DeFi TVL stood at $213 million. The growth in issuance was driven by four RWA funds, while mismatched settlement cycles and 24/7 lending markets remain a bottleneck. Stellar has integrated 55 SEP-40 price feeds, and DTCC plans to bring approximately $114 trillion in custodial assets onto Stellar by 2027.
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XLM-1.68%
RWA-1.77%
RED2.84%
BLEND1.02%
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