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Alleged SIREN market manipulator transfers 1.324 billion XPIN tokens to Binance, token drops nearly 30% in two hours.

1 hours ago

According to monitoring by EmberCN, the address that crashed SIREN by 96% over two days in June is suspected to be one of the manipulators of XPIN. Over the past two hours, the related address transferred 1.324 billion XPIN tokens (worth approximately $1.71 million) to Binance Alpha, after which XPIN’s price fell from $0.0017 to $0.0012, a drop of around 29%.

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JPMorgan Chase boosts its holdings of H shares in Zhongji InnoLight and Luxshare Precision, lifting its stake in the two companies to 16.14% and 8.36% respectively.

According to disclosures filed with the Hong Kong Stock Exchange (HKEX), JPMorgan Chase increased its holdings of H shares of InnoLight on August 12, pushing its stake in the firm from 15.91% to 16.14% at an average purchase price of HK$1,084.91. In the same period, JPMorgan also raised its holdings of Luxshare Precision’s H shares, lifting its stake from 7.99% to 8.36% at an average transaction price of HK$63.67. (Source: Jinshi)

6 minutes ago

Bitget TradFi Quanto Perpetual Contracts Now Listed for Lenovo (LENOVO)

According to an official announcement, Bitget’s TradFi Quanto perpetual contracts have listed Lenovo. The contracts support up to 20x leverage and 24/7 trading. The TradFi Quanto perpetual contracts allow users to directly trade non-U.S. dollar-denominated overseas stocks such as Hong Kong-listed equities using USDT, with no foreign currency conversion required throughout the process. The contracts are quoted in local currencies including Hong Kong dollars and Japanese yen, while margin deposits and profit/loss settlements are completed in USDT. This mechanism simplifies the trading workflow while effectively avoiding additional risks arising from exchange rate fluctuations.

6 minutes ago

Hyperliquid: Open interest in the HIP-3 market hits an all-time high, reaching $4.3 billion.

According to an official announcement, Hyperliquid’s HIP-3 market has hit an all-time high in open interest (OI), reaching $4.3 billion. Additionally, Hyperliquid stated that it will expand the HIP-1 protocol based on community feedback and has added relevant features for HIP-4. The Hyper Foundation’s non-validating nodes are now open to high-quality infrastructure providers, serving as reliable peer nodes. On the HyperEVM and HyperCore fronts, Buoy Finance has deployed a vault system for HyperCore transactions via HyperEVM custom vaults.

6 minutes ago

SK Hynix has also joined the "full-price refund for SSDs" trend: when out of stock, rather than providing a replacement, it directly processes a refund under warranty.

After Samsung, Western Digital, and Toshiba, SK Hynix has been found to implement a "refund-only, no replacement" policy for SSD after-sales services. A recent Reddit user filed a warranty claim for their SK Hynix SSD, but due to the brand’s lack of replacement stock, the resolution offered was not an exchange for the same model, but a refund of the original purchase price. This is especially problematic amid the ongoing surge in SSD prices. Taking SK Hynix’s Platinum P41, P51 and other models as examples, prices for some capacities have risen significantly from their previous lows, with some even reaching around twice their original price. For users who bought SSDs at low prices in the past, if their units fail and they only receive the original purchase amount back, they may no longer be able to afford an equivalent-specification product. More importantly, this practice is backed by SK Hynix’s existing warranty terms. The brand’s official website terms clearly state that if a product cannot be repaired or replaced, a refund will be issued for the lower of the original purchase price and the current market fair value. Therefore, a more accurate description is not that SK Hynix has completely canceled SSD replacements, but that in cases where replacement stock is unavailable, some after-sales cases use the original-price refund scheme. For consumers, the core issue is that after SSD prices rise, the original-price refund may no longer cover the cost of repurchasing an equivalent product.

6 minutes ago

BitMart Founder: To Report False Content from Official Twitter Account to Police and Issue a Lawyer’s Letter

BitMart founder Sheldon stated that he has completed forensics on the content of the public accountability statement previously released by a BitMart employee via the exchange’s official X account, adding that the content is entirely false. Sheldon also said he will file a police report during U.S. daytime hours and send a lawyer’s letter to X to request technical and data forensics on the relevant content. He emphasized that employee assets do not take priority over client assets, noting that all users are clients and no privileges apply to anyone. Earlier, a BitMart employee publicly questioned the whereabouts of the exchange’s assets and the handling of related issues. Sheldon had previously announced that he would respond to the exchange’s asset whereabouts by the 19th.

6 minutes ago

Changxin Memory surges, a crypto whale incurs over $11 million in cumulative losses on short positions.

According to Lookonchain’s monitoring, Changxin Storage has risen above $9. A whale has shorted 2.9 million units of Changxin Storage, with a position value of $26.13 million, and is currently incurring a total loss of over $11 million, including $3.82 million in funding fees and $7.26 million in unrealized losses.

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