Former Treasury Secretary Downplays Economic Recession Concerns, Calls Stock Market Pullback a Natural Phenomenon

Smart trader Bharat Krymo (@krybharat) bought 5.02M $EDEL ($143.6K). He currently holds 113,263 $HYPE ($8.97M) and has made $12.89M in trading profits on Hyperliquid.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $526.7 million yesterday: IBIT recorded a net inflow of $665.2 million, while FBTC saw a net outflow of $83.6 million. For Ethereum ETFs, net outflows totaled $103.3 million, with ETHA logging a net outflow of $95.4 million.

Beating AI Express: AI Agent-dedicated browser ego (lite) officially launches Windows beta, following its prior macOS-only availability. Users can leverage the `ego-browser` skill to enable existing agents like Claude Code, Codex, and Cursor to directly control the browser. Built on Chromium, ego (lite) supports one-click import of Chrome bookmarks, extensions, cookies, and login sessions. Agents can interact directly with logged-in sites including Gmail, X, and enterprise dashboards to complete tasks such as data collection, form filling, and web testing. Each agent has its own dedicated Space workspace, allowing multiple tasks to run simultaneously without interfering with tabs the user is actively using. Users can take over at any time for steps like CAPTCHAs or payment processes. The browser also revolutionizes how agents read and operate web pages: it generates a streamlined page structure, marking elements like buttons and input fields to avoid feeding full-page HTML to models. Agents can sequence multiple operations into a single JavaScript execution, reducing tool calls and token consumption. In prior internal tests of four browser-related tasks, the official team reported ego (lite) was up to 3.45x faster than Vercel’s agent-browser.

According to GMGN market data, Torch, a comprehensive trading platform on the Robinhood Chain ecosystem, has a market capitalization exceeding $14 million, currently trading at $14.75 million, hitting an all-time high, with a 24-hour increase of 80%. However, the token’s trading activity is low relative to its market cap, with a 24-hour trading volume of only $1.9 million. Public information shows that Torch is a comprehensive platform integrating social features, trading, and token issuance, offering a transaction mining model. BlockBeats reminds users that related token prices are highly volatile, so they should exercise caution when investing.

According to Lookonchain’s statistics, among the top 25 biggest losers on Papertrade, 21 remain in the red even after receiving USDC rewards, while only 4 are net profitable overall. These traders have collectively generated $111.5 billion in trading volume and earned 2.06 billion PAPER tokens, accounting for 23.4% of the total token supply. They have collectively claimed $11.61 million in USDC rewards, representing 20.6% of the total rewards distributed.

The Hyperliquid Policy Center is urging the U.S. Securities and Exchange Commission (SEC) to exclude airdrops from the definition of securities. Its specific proposals include codifying the SEC’s March 2026 stance into rules: that free airdrops do not constitute "money investments" and thus are not investment contracts. The policy center also seeks to extend this rule to announced airdrops—including periodic or regular distributions—on the condition that the network is fully operational, eligibility is based on usage or contributions (such as trading, validation, liquidity provision, or governance), and the airdrop is not used as a fundraising vehicle. The Hyperliquid Policy Center maintains that an investment requires tangible, identifiable consideration, and airdrops qualify as rewards rather than investments. Claim-related actions like connecting wallets, signing transactions, paying gas fees, completing KYC/AML, or accepting terms of service should not be deemed consideration. Furthermore, the rule should apply retroactively to past airdrops or cover Hyperliquid’s native airdrops.