PANews

PANews, August 13 — According to Bybit market data, the three major U.S. stock indexes moved mixed: the Dow Jones Industrial Average fell 0.04%, the Nasdaq rose 0.72%, and the S&P 500 Index rose 0.22%. Crypto-related stocks mostly rose, with COIN (Coinbase) up 0.58% on the day and HOOD (Robinhood) up 0.50% on the day.

PANews, August 13 — According to Bybit market data, spot gold fell below the $4,400-per-ounce threshold, currently trading at $4,399.40, up 0.71% on the day.

According to CoinGlass data, the total liquidations in the crypto derivatives market over the past 24 hours amounted to approximately $165 million, affecting 74,394 traders. The largest single liquidation occurred on the Binance ETHUSDT contract, amounting to approximately $3.2292 million. By exchange, Binance ranked first with approximately $82.9023 million in liquidations, followed by OKX with approximately $21.1562 million, Bybit with approximately $16.2192 million, and Hyperliquid with approximately $15.3020 million. Overall, long and short liquidations were nearly equal in scale: approximately $81.8217 million for long positions and $83.4659 million for short positions.

PANews, August 12 — DeepSeek V4 Pro has been found available for use on the DeepSeek API and chat interface, though the official announcement has not yet been released. MTS said this could mean DeepSeek is about to officially announce the new model version.

PANews reported in August that ASXN launched a new liquidity comparison dashboard, enabling real-time comparisons of liquidity data between Hyperliquid and platforms including Binance, Coinbase, OKX, and Bybit. It supports comparisons of order-book depth, spreads, and slippage within specified bps ranges, and counts the number of times Hyperliquid leads on the overview page. The single-asset page provides platform-by-platform information on depth, slippage, trading volume, and open interest share, with side-by-side displays across multiple platforms.

PANews, August 12 — SPACEXAI announced the launch of its next-generation large language model, Grok 4.6. The model is now available on Cursor and Grok Build, with access also offered via its API and partner platforms including OpenRouter, Vercel, and Cloudflare. The company also announced a pay-as-you-go pricing plan: per million input

PANews, August 12 — Token Terminal data shows that approximately 34.4% of ETH is currently staked, a new all-time high. At the beginning of this year, the proportion of staked Ethereum was approximately 30.0%, and it has continued rising to 34.4% since then. Industry observers believe that while large-scale staking limits the circulating supply of ETH, it also locks more ETH on-chain for the long term to earn yield.

PANews, August 12 — According to Whale Alert, USDC issuer USDC Treasury just minted 250M USDC on the Solana chain, worth approximately $250 million.

PANews reported on August 12 that Coinbase will suspend perpetual contract trading for Memecoin (MEME-PERP), The Sandbox (SAND-PERP), Moonbirds (BIRB-PERP), Blur (BLUR-PERP), Katana (KAT-PERP), SPX6900 (SPX-PERP), ZORA (ZORA-PERP), Axie Infinity (AXS-PERP), Gensyn (AI-PERP), LayerZero (ZRO-PERP), and others at around 21:00 UTC+8 on August 26. At that time, all open positions will be automatically settled at the average index price over the 60 minutes preceding the suspension, and the funding rate for the final funding rate settlement period will be set to zero. Co.

New York City Council sent letters to Kalshi, Polymarket, Coinbase, and Gemini Titan, launching an investigation into prediction markets focused on false, deceptive, or abusive marketing targeting young users. Polymarket was accused of filming fake betting and fake profit videos for off-platform promotion. Previously, officials in multiple states expressed concerns that sports contracts could constitute illegal gambling, while a governor signed an order barring government employees from betting with insider information. The attorney general sued Kalshi, seeking approximately $3.6 billion in fines and disgorgement.

PANews, August 12: Market news: U.S. President Trump was sued for planning to sell access to quickly obtain posts from his social media platform “Truth.”

CME Group said the Magnificent Seven, including Alphabet, have driven the S&P 500 up about 95% since 2023, with their weighting reaching approximately 35% in early June 2026 before falling back to around 32%. During the same period, semiconductors, healthcare, and financials saw notable sector rotation, while the equal-weighted index gained about half as much as the standard index. To hedge against sector rotation, Single Stock Futures covering core constituents were launched in late July, offering no time-value decay and near-24/7 trading.

PANews reported on August 12 that Bitcoin wallet Electrum released version 4.8.1. The official team said the update includes “important security fixes” and urged users to upgrade as soon as possible. Developers involved in reproducible builds have provided independent signatures for the binary packages on the download page to verify that the release packages match the source code.

PANews, August 12 — Ember stated that an address opened a short position worth approximately $22.86 million one day before ChangXin CXMT’s listing and has held it for nearly half a month without closing. During this period, due to the price remaining resilient, its futures position incurred approximately $3.4 million in funding fees, in addition to around $4 million in unrealized losses, bringing the total loss to approximately $7.4 million. Based on its average short entry price of approximately $6.5 (around ¥43.5), even if the price subsequently falls back to the entry level, the continuously accumulated funding fees will still result in a substantial realized loss.

Xapo Bank now requires users to enable location permissions and share GPS coordinates to use the app and withdraw funds, saying it will cross-check location information with other data to verify the account holder. Analyst Tone Vays said this could become standard configuration for regulated payment apps, while Casa CEO Nick Neuman believes it is more likely intended to curb social engineering attacks than serve as traditional KYC.

PANews reported on August 12 that Cheng Fubo, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, visited China Telecom Group Co., Ltd. to research its work in technological innovation, reform and development, Party building, and other areas. Cheng Fubo emphasized the need to continue advancing new infrastructure construction; adhere to appropriately forward-looking planning, scientific allocation, and coordinated development; coordinate the construction and intensive, efficient use of information and communications networks, the national integrated computing power network, and other infrastructure; continue promoting digital empowerment; improve the supply of digital-intelligent products and services; and help strengthen the foundation of the digital economy. He also called for stronger technological innovation focused on foundational technologies such as cloud computing, networks, artificial intelligence, and quantum technology; intensified efforts to tackle key core technologies; active promotion of the commercialization and application of innovative achievements; greater efforts to attract, retain, and make good use of talent; and the development of leading innovation and talent hubs in the cyberspace and information technology sector.

The WeChat team announced the general-purpose large language model WeLM, emphasizing resource efficiency and promoting the large-scale application of AI across WeChat’s vast range of scenarios. WeLM-80B (3B activated) has been integrated into WeChat’s AI agent “Xiaowei,” supporting conversations, search, native function calls, and Mini Program services. The WeLM-617B (23B activated) under development adopts an MoE architecture to enhance understanding and reasoning with a moderate activation scale, and will be used for complex tasks within the WeChat ecosystem in the future, such as intelligent Mini Program development and small tool generation.

PANews, August 12: According to Bybit data, the U.S. optical communications sector strengthened, with Lumentum up 5%, Coherent up 6%, and Marvell Technology (MRVL.O) and Corning (GLW.N) up approximately 5%.

By Jordyn Holman, The New York Times
Compiled by Luffy, Foresight News
Kalshi is far smaller than many people imagine. Most of the company’s 200 employees work in an open-plan office in Manhattan’s Meatpacking District, and it does not even occupy an entire floor of an office building.
But now, Kalshi, Polymarket and a host of other prediction market platforms are almost everywhere.
They are major sponsors of major sporting events, and media organizations frequently cite their data in coverage of politics and financial markets. Users can bet on these websites on the probability of various events occurring: the final score of a soccer match, the outcome of a clinical trial for a new drug, and what topics President Trump will mention in a speech.
Kalshi was founded in 2018 and officially opened to the public in 2021. Its founders were two

According to Bloomberg, Lightspeed is advancing a roughly $600 million secondary transaction, extending its holdings in OpenAI and four other assets while adding an investment in Anthropic, under the codename Project Mercury. The funds will be transferred to a continuation fund, providing cash returns to existing investors. The assets proposed for inclusion also include Verkada, Rippling, Reflection AI, and Glean. Coller Capital is the lead buyer, with UBS serving as advisor. Lightspeed has invested in Anthropic across multiple rounds, with the latest round valuing it at $965 billion.