Binance will airdrop 3500 EPT tokens to eligible users

According to HTX market data, HYPE has broken through $77, currently trading at $77.02, approaching its all-time high.

US stock market opens: Dow Jones up 0.5%, S&P 500 up 0.4%, Nasdaq up 0.4%. According to market data from BIT (bit.com), tech stocks posted gains: Micron Technology rose 1%, with its CEO stating current customer demand exceeds the company’s supply by roughly 50%. Broadcom climbed 1.6% as the firm seeks over $60 billion in debt financing to provide chip infrastructure for AI enterprises. Crypto-related stocks rallied broadly, led by HYPE Treasury’s PURR, which surged over 9% at open. MSTR gained 4.08%, BMNR rose 2.13%, COIN up 5.52%, and CRCL up 6.35%.

JPMorgan Chase believes that while major U.S. stock indices remain in a bullish trend, the risk of a market downturn in late summer or early fall is rising. The bank cited weak internal market indicators, defensive sector rotation, and waning confidence in artificial intelligence (AI) stocks. Strategist Jason Hunter noted that today’s AI trading bears similarities to the 1999-2000 tech boom, sparking concerns about overcrowded exposure in the tech sector.

BitMart announced via its official X account that it is developing a potential restructuring plan as an alternative to a full shutdown. The plan may involve the phased resumption of partial operations under an orderly arrangement and distributions to creditors, though additional legal, financial, operational, and regulatory assessments are still required. The exchange has appointed White & Case as its restructuring legal counsel to assist in evaluating viable options and formulating a framework for the restructuring and phased resumption of operations. BitMart noted that it is currently collaborating with its advisors to develop a roadmap and will aim to provide further updates by September 9, 2026.

Prediction market platform Predict.fun has launched a prediction market for the Honor of Kings KPL Summer Split Phase 3 S Group match between AG Super Play and Talent Gaming (TTG). The match adopts a BO5 format and is currently underway. Notably, users can conduct prediction trading on Predict.fun for all Honor of Kings KPL Summer Split events, with additional markets set to open soon—users are welcome to participate in predictions. Note: Prediction market data may change in real time along with market transactions, please refer to the latest information on the platform.

Cross-chain yield protocol BounceBit has released a security incident notice, stating its blockchain network suffered a protocol-level vulnerability attack from 21:02 UTC on August 19 to 01:54 UTC on August 20. Attackers exploited an authorization flaw in Evmos’ underlying architecture to transfer BB tokens from 9 mainnet accounts without account owners’ authorization. Per the notice, the attackers moved approximately 286.5 million BB via 14 transactions. The incident is limited to BounceBit Chain itself, with no involvement of private key leaks, signature forgery, wallet, hardware device, or exchange account security issues. BounceBit’s CeDeFi Strategy, Promo Vaults, Prime, and RWA products were all unaffected. BounceBit noted the vulnerability stemmed from an authorization validation flaw in Evmos’ protocol-native module. When the attacker called the relevant module via a smart contract, they bypassed the security check that should verify the fund source account’s authorization, allowing them to designate any account as the fund source. After the incident, BounceBit Chain stopped block production at block height 20,702,857. The team decided not to perform a chain upgrade, instead permanently shutting down BounceBit Chain and reissuing BB as a BNB Chain-based BEP-20 token. The new BB supply will be based on an on-chain snapshot taken before the first abnormal transfer (block height 20,697,260). The 286,543,148 BB tokens transferred by attackers will not be included in new balances. Users do not need to submit applications or migrate wallets; the official will automatically distribute new BB to corresponding BNB Chain addresses.