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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

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SK Hynix: At least 50% of its free cash flow between 2025 and 2027 will be allocated to shareholder returns.

SK Hynix announced that it will allocate at least 50% of its free cash flow generated between 2025 and 2027 to shareholder returns, and will repurchase 40 trillion won (approximately $28.6 billion) in treasury stock. The share repurchase is intended to cancel shares to boost shareholder returns. SK Hynix’s stock decline narrowed in after-hours trading.

7 minutes ago

SK Hynix: Will Repurchase 40 Trillion South Korean Won in Treasury Stock

SK Hynix announced it will repurchase 40 trillion South Korean won worth of treasury stock.

7 minutes ago

South Korean stocks closed down nearly 6%, with Japanese and South Korean markets also closing lower in tandem.

According to Bitget market data, the Nikkei 225 index closed down 2134.31 points on Wednesday, August 19, with a 3.16% drop, ending at 65326.42 points. South Korea’s KOSPI index fell 398.66 points, or 5.8%, to close at 6471.17 points on the same day.

7 minutes ago

Wang Leehom attended Unitree Robotics' IPO appreciation dinner as a key guest. His earlier concert performance alongside Unitree's robots has earned praise from Elon Musk.

Today, Unitree Robotics successfully completed its IPO. Wang Xingxing, Neil Shen of Sequoia Capital, and renowned singer Wang Leehom all attended the head table at the company’s post-IPO banquet. Notably, Wang Leehom has deep ties with Unitree: public reports show he once paid a special visit to founder Wang Xingxing to learn about the firm’s technology. In addition, last December, Wang Leehom used Unitree’s G1 humanoid robot as a dance partner at his Chengdu concert, marking the world’s first concert stage featuring a robot. Prominent tech figures including Elon Musk have shared related videos to express their admiration.

7 minutes ago

Garrett Jin weighs in on Arthur Hayes' return: The timing is just right, crypto is a cycle-driven game.

Garrett Jin, agent of the "BTC OG Insider Whale", commented on Arthur Hayes' comeback to lead a crypto AI project, stating: "His timing is impressive. Cryptocurrency is a game of cycles. Understand the cycles and ride the tailwinds."

7 minutes ago

SK Hynix’s decline widened to 10%, while Southern’s 2x Leveraged Bull ETF on SK Hynix fell nearly 20%.

According to Bitget’s market data, South Korea’s SK Hynix stock price’s decline widened to 10% in the late trading session. Affected by this, the Southern 2x Leveraged Long SK Hynix product dropped by 19.3%.

7 minutes ago

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