Odaily News, according to official announcements, Bitget has listed the HPQ (HP) stock perpetual contract. The contract is settled in USDT, supports up to 20x leverage, and offers 24/7 trading. To date, Bitget supports a total of 295 stock contract trading pairs.
Odaily News – After closing a position of 120,000 ETH and 2,000 BTC three days ago and securing a profit of $61.72 million, the "largest long trader on Hyperliquid" has reopened a long position in ETH. The trader transferred 26.83 million USDC to Hyperliquid via three new wallets, with two of those wallets each opening a long position of 8,000 ETH at $2,490, totaling approximately $20 million in size.
Odaily News: According to Lookonchain monitoring, a trader (0x004e) had previously shorted BTC and ETH 17 consecutive times, all ending in losses, with cumulative losses of $5.3 million. About an hour ago, the trader shorted BTC again and quickly closed the position, profiting $48,000.
Odaily News Evernorth Holdings announced that its S-4 registration statement filed with the U.S. Securities and Exchange Commission has become effective. The company will proceed with the subsequent steps toward a Nasdaq listing through a merger with special purpose acquisition company Armada Acquisition Corp. II. The effectiveness of the registration statement does not mean the merger has been completed, as the transaction still requires shareholder approval. Evernorth Holdings plans to operate as a regulated digital asset treasury company, offering public market investors exposure to XRP, while allocating funds to XRP-related infrastructure and treasury strategies to increase the amount of XRP per share. The company expects the merger to be completed by the end of the third quarter or early in the fourth quarter of this year. Upon completion of the transaction, the combined company intends to trade under the ticker symbol XRPN. The S-4 filing covers up to 34,499,992 shares of Evernorth Class A common stock and 11,499,992 related warrants. Evernorth Holdings' investors include Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR, among others.
Odaily News: U.S. Treasury Secretary Bessent stated that blockade and economic isolation actions will further strike at Iran's economy, which is on the brink of collapse. Over the past 14 days, the U.S. has guided 130 million barrels of oil through the Strait of Hormuz, while Iran's crude oil exports during the same period were zero. (Jinshi)
Odaily News: Marvell (MRVL) released its fiscal Q2 2027 earnings report after the US market close this morning. The report shows that Marvell achieved a record $2.73 billion in revenue for Q2, exceeding market expectations of $2.71 billion; adjusted earnings per share reached $0.94, beating the anticipated $0.93; and gross margin came in at 58.9%, surpassing the market forecast of 58.8%.
Marvell Chairman and CEO Matt Murphy stated during the earnings call that revenue growth will further accelerate in the second half of the year. He projected a median revenue of approximately $3.15 billion for the third fiscal quarter, representing a 15% sequential increase and a year-over-year growth of over 50%. For the full fiscal 2027, he expects overall revenue to grow approximately 45% year-over-year, reaching around $12 billion. He also anticipates revenue in fiscal 2028 to grow another approximately 50% year-over-year, up from the previously expected 45%.
Odaily Planet Daily News The Ethena Foundation has proposed four ecosystem updates, including a governance proposal to implement a fee switch. The proposal would use net income accumulated across all business lines under the Ethena brand to repurchase ENA tokens in a programmatic manner. According to the proposal, once USDe supply reaches the first milestone of $7.5 billion, currently at $4.06 billion, 95% of net income from all business lines will be used for ENA buybacks. On August 27, voting on the revenue buyback fee switch proposal began and will end on September 2. Currently, the proposal has received 14 million votes in favor, with a 100% support rate, and the quorum required for passage is 5 million votes.
Odaily News: The CCC token on the BSC chain has suffered an attack. The attacker exploited the contract's sell() function to burn CCC tokens from the LP pool, causing abnormal price fluctuations and resulting in a loss of approximately $117,000.
Odaily News The U.S. Securities and Exchange Commission (SEC) published a proposed rule this month, aiming to reopen public token sales to American investors, allowing crypto startups to raise up to $5 million, and larger projects up to $75 million annually, without completing the full SEC registration process. The new framework would require issuers to disclose information and may incur significant compliance costs; the rules for secondary market trading after token issuance remain complex. The proposal also suggests that investment contracts attached to tokens could terminate once the issuer completes or permanently ceases the management work promised to investors, rather than perpetually existing alongside the token. Currently, speculative capital is more concentrated in Bitcoin and a few major altcoins, perpetual contracts, prediction markets, and AI-related stocks. The number of token financings involving crypto venture capital has noticeably declined, with some major VC firms expanding their investment scope to AI, robotics, and other frontier technologies. During its peak in January 2018, ICOs raised approximately $3 billion in a single month. Tom Schmidt, general partner at Dragonfly, stated that this proposal is better than having no proposal at all, but the more pressing issue is the regulatory matters that the CLARITY Act, currently stalled in Congress, was originally intended to address, rather than fundraising. GSR research analyst Carlos Guzman noted that ICOs in 2026 are different from those in 2018, and the era of attracting capital with just a whitepaper and vision has come to an end.
Odaily News: OneKey Anzen has reproduced the Ledger vulnerability and discovered that Ledger Ethereum app version 1.22.1 contains a transaction replacement vulnerability. When an affected user is attacked, the hardware screen still displays transaction A under review, but the device may sign transaction B, which the user never viewed. OneKey Anzen stated that the issue stems from a race condition between the transaction display logic and the underlying buffer, with the attack requiring the host side to already be compromised by a malicious DApp or intermediary software. Ledger's CTO previously responded that a fix had been rolled out approximately two weeks ago, and users simply needed to update the app. Public information shows that the official tag for version 1.22.2 on Ledger's GitHub appeared on August 24. Ledger's official website states that the issue has been fixed through app-level checksums and SDK-layer patches, with Ledger Secure SDK v26.6.1 released on August 21, and the related apps have been rebuilt and republished. Users need to update the app via Ledger Live — updating only the device firmware will not complete the fix. Ledger stated that there is currently no evidence that this vulnerability has been actively exploited.
Odaily News According to on-chain analyst Ai Yi's monitoring, the bit-affiliated entity (0xa9d...3e049), which previously realized a profit of $55.095 million, received 10 million USDC as margin yesterday and opened a long position on 6,000 ETH just 2 minutes ago, valued at approximately $14.98 million, with an entry price of $2,492.
Odaily News According to on-chain analyst Ember's monitoring, this entity has used 36 million USDC over two days to buy 441,000 HYPE and deposit it into staking, at an average price of $81.6. It just transferred another 12 million USDC to purchase HYPE. The entity currently has 4.826 million HYPE staked, worth $404 million, with an average price of approximately $66.1 and a floating profit of $84.9 million.
Odaily News: According to monitoring by Ai Yi, the Bit-affiliated entity that previously profited approximately $55.095 million from ETH long positions appears to be starting a second round of long positioning. Its new address received 10 million USDC in margin yesterday, then opened a long position of 6,000 ETH, with a position value of approximately $14.98 million and an average entry price of about $2,492.
Based on its previous operations, the current position may only be the initial entry, with possible further position increases to follow.
Odaily News, according to monitoring by on-chain analyst Ember, a suspected a16z entity, the largest HYPE holder, has been continuously buying and staking HYPE over the past two days, investing a total of 36 million USDC to purchase 441,000 HYPE at an average price of approximately $81.6, with all tokens deposited into staking.
Currently, the entity has transferred an additional 12 million USDC to continue buying. Its total staked HYPE has reached 4.826 million tokens, valued at approximately $404 million, with an overall average holding cost of around $66.1 and an unrealized profit of approximately $84.9 million.
Odaily News: Solana's double-deflation proposal SGP-0002 has reached the quorum threshold, with a current voter turnout of 47.26%. Among them, 68.56% voted in favor, and approximately 13 hours remain until voting concludes.
The proposal aims to increase Solana's annual deflation rate from 15% to 30%, shortening the time required to reach the 1.5% terminal inflation rate from approximately 5.7 years to about 2.8 years. It is expected to reduce new issuance by approximately 18.9 million SOL over the next six years.
Odaily News: Among these, Payai handled 1.3 million transactions, while Figment processed 687,000; the total transfer volume for x402 transactions that day was approximately $28,900, with an average fee of just $0.0138 per transaction.
