Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

Hyperliquid founder Jeff announced in a Discord post that, based on developer feedback, HIP-1 will add a deployer-controlled scaleWei feature. The feature enables atomic allocation of tokens from system addresses proportional to users’ holdings of reference tokens, and supports token denomination adjustments. During the adjustment window, unfilled orders will be canceled and re-placed at their actual proportion, while reverse adjustments can be executed via negative parameters. As EVM does not support equivalent atomic operations, relevant contracts may need to integrate custom balance handling logic.

Coinbase will suspend perpetual contract trading for the following assets around 21:00 on August 26: 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), and LayerZero (ZRO-PERP). Remaining open positions will be automatically settled, with the final settlement price based on the average index price of the 60 minutes prior to the trading suspension. The funding rate for the last cycle will be set to zero.

Today, U.S. stocks rallied broadly on positive CPI data. According to market data from BIT (bit.com), multiple stocks shorted by "Big Short" investor Michael Burry posted notable gains: NBIS rose 20.96% to $233.62, Micron gained 6.26%, NVIDIA climbed 2.93%, and SOXX advanced 2.89%. Per Michael Burry’s August 6 trading update on Substack, he established a large direct short position in NBIS at roughly $211.77 per share. He chose to short the stock directly instead of purchasing put options, as put options at the time carried an implied volatility exceeding 100% and were overpriced.

According to a Bloomberg report, Donald Trump is being sued over plans to sell the quick access rights to his Truth Social posts.

According to Yu Jing Monitoring, the largest short position for Changxin Technology on trade.xyz has been held for half a month. The short position is currently valued at $22.86 million. The whale has paid $3.4 million in funding fees for the trade, plus an unrealized loss of $4 million on the short position, bringing total losses to as high as $7.4 million.

According to a Yonhap News Agency report on the 12th, South Korea’s Second Special Prosecution Team indicted former President Yoon Suk Yeol and former National Security Office Director Shin Won-sik on charges of spreading "information justifying martial law". Yoon Suk Yeol has now been involved in a total of 9 criminal cases. The special prosecution team stated that Yoon Suk Yeol is suspected of immediately instructing the National Security Office and the Ministry of Foreign Affairs to convey to the United States, the United Kingdom, Japan, the European Union and other parties that "martial law is justified" after declaring the December 3 martial law. He is also suspected of the crime of abuse of power to obstruct the exercise of rights, namely abusing his position to order public officials to perform non-obligatory work.