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HSK Chain sponsors and supports the EAG Oceania, Africa, and Latin America Hackathon Series, helping to build the global developer ecosystem.

1 hours ago

According to official sources, HSK Chain has announced its sponsorship and support for the "2026 Global Builders Initiative" launched by the Ethereum Applications Guild (EAG), in a joint effort to advance the global developer ecosystem and Ethereum application innovation. The event expands the competition’s reach to three emerging Web3 markets—Australia, Africa, and Latin America—marking a key step in HSK Chain’s global ecosystem expansion. Scheduled from August 19 to September 29, 2026, the initiative covers six regional developer communities: Brazil, Nigeria, Colombia, Kenya, Bolivia, and Sydney, Australia. Adopting a format combining online development courses, regional hackathons, and in-person Demo Days, it is expected to attract over 1,000 Web3 developers worldwide and push hundreds of innovative projects into incubation. As a sponsor, HSK Chain will set up dedicated tracks at all six locations, offering a total prize pool of 10,000 USDT, with a focus on supporting innovative applications in sectors including AI Agents, DeFi, stablecoin payments, and RWA (Real World Assets). The chain will also provide participating teams with technical support, mainnet deployment services, and Demo Day pitching opportunities; outstanding projects will further have access to the official Grant program and ecosystem incubation resources. Founded by Dr. Xiao Feng, Chairman and CEO of HashKey Group, and Ethereum co-founder Vitalik Buterin during Token2049 in 2025, EAG is a global non-profit developer organization dedicated to driving the Ethereum ecosystem’s transition from infrastructure development to application innovation.

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As $BTC rose, gambler 0xff84's 1,793 $BTC($114.4M) short came very close to liquidation. The gambler closed part of t...

As $BTC rose, gambler 0xff84's 1,793 $BTC($114.4M) short came very close to liquidation. The gambler closed part of the position early and avoided liquidation. Current position: 1,543 $BTC($98.97M) New liq. price: $64,225.35

27 minutes ago

A Bitcoin (BTC) whale holding $114.4 million in short positions has reduced some of its positions to avoid liquidation, with its current short position standing at approximately $98.97 million.

According to Lookonchain’s monitoring, as Bitcoin (BTC) rallied, trader 0xff84’s short position of 1,793 BTC (valued at roughly $114.4 million) nearly triggered liquidation. The trader closed part of the position in advance to avoid being liquidated. Currently, their short position stands at 1,543 BTC, worth approximately $98.97 million, with a new liquidation price of $64,225.35.

27 minutes ago

Samsung and SK Hynix are reportedly working on the largest-ever shareholder return plan, with a total value possibly exceeding $140 billion.

According to South Korea’s Seoul Economic Daily, Samsung Electronics and SK Hynix are internally developing large-scale shareholder return plans, with specific details possibly announced as early as the end of this month. As artificial intelligence drives the storage chip industry into a supercycle, the two firms’ free cash flow has surged sharply, leading market analysts to project that total shareholder returns—including special dividends, share repurchases, and cancellations—could exceed 200 trillion won (approximately $141.2 billion). Samsung Electronics previously committed to allocating 50% of its cumulative free cash flow to shareholder returns under its three-year shareholder return policy covering 2024 to 2026. Market forecasts suggest that fueled by this year’s robust free cash flow growth, Samsung’s shareholder return scale could hit 100 trillion to 125 trillion won, with some institutions even estimating around 120 trillion won, likely via special dividends, share repurchases, and cancellations. SK Hynix has also pledged to allocate 50% of its cumulative free cash flow for 2025 to 2027 to shareholder returns. As of the end of the second quarter, the company’s cash assets stood at 88 trillion won, net cash rose to 69.4 trillion won, plus an additional 39.8905 trillion won raised through a new American Depositary Receipt (ADR) issuance on the Nasdaq. Market projections indicate its upcoming special dividends, extra repurchases, and cancellations could reach tens of trillions of won, with the maximum possibly approaching 100 trillion won. However, both Samsung Electronics and SK Hynix noted that the exact announcement timeline and shareholder return amounts have not yet been finalized, and they are still reviewing multiple plans to boost shareholder value.

27 minutes ago

Binance Wallet Officially Launches Stock Section

According to an official announcement, Binance Wallet has launched a dedicated Stocks Zone – a brand-new page designed to help users more easily discover, compare, and view available third-party stock-related products and opportunities on-chain. Previously, when users searched for a specific company, they might encounter multiple tokenized stock versions issued by different third-party providers. Additionally, related products such as tokenized stocks, stock perpetual contracts, and stock wealth management zones were scattered across different sections of Binance Wallet. The Stocks Zone consolidates all these resources into a single entry, making it convenient for users to browse third-party tokenized stocks, check available products, and compare different options before trading.

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Pakistan: The term of the US-Iran Memorandum of Understanding can be extended.

According to market sources, Pakistani officials said the deadline for the US-Iran Memorandum of Understanding (MoU) could be extended. (Jinshi)

27 minutes ago

Fidelity plans to add staking and quarterly dividend distribution features to its Ethereum ETF, with the fund retaining 85% of staking rewards.

Fidelity is preparing to add ETH staking and quarterly cash distribution mechanisms to its Ethereum ETF (FETH). FETH currently holds approximately $898 million in net assets. According to revised registration documents, under normal circumstances, the fund may allocate up to 100% of its ETH for staking, with no minimum staking ratio set, and will retain a portion of ETH for redemptions, fees, and other liquidity needs. Fidelity plans to retain 85% of total staking rewards, with the remaining 15% going to the fund’s sponsor, custodian, and node operators. The listed node operators include Blockdaemon, Figment, and Galaxy. Net staking income will first be used to cover the fund’s expenses, with the remainder allocated for quarterly cash distributions. Per relevant IRS rules, the fund is required to distribute net staking income at least once per quarter. Fidelity also noted that the fund may sell a portion of its ETH to raise cash for distributions if needed. The adjustment follows the U.S. Internal Revenue Service (IRS)’s November 2025 safe harbor rule, which allows eligible crypto trusts to conduct staking without losing their grantor trust tax status.

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