ImportantDecrypt
What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack
EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.
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View allCoinbase Intraday Decline Widens to 12.87%, Crypto-Related Stocks Generally Weaken
Official Nasdaq market data shows that as of 11:29 AM ET (11:29 PM Beijing Time), Coinbase (COIN) saw its intraday decline widen to 12.87%, trading at $139.93; Circle (CRCL) fell 8.71%, Robinhood (HOOD) dropped 8.23%, Strategy (MSTR) declined 6.96%, Galaxy Digital (GLXY) slid 8.63%, and mining firms Riot Platforms (RIOT) and MARA fell 8.59% and 6.42% respectively. At the opening of U.S. stock trading, Coinbase posted a decline of 7.75%.
Total network contract liquidations reach $1.667 billion in the past 24 hours, dominated by long position liquidations
Per CoinGlass data, total crypto market contract liquidations across the entire network reached $1.667 billion over the past 24 hours, with long position liquidations accounting for $1.428 billion and short position liquidations totaling $238 million. Total BTC liquidations stood at $562 million, while total ETH liquidations hit $359 million. The largest single liquidation order occurred on Binance for the BTCUSDT pair, valued at $11.4293 million.
Japan Requests Anthropic and OpenAI to Grant Greater Access to Advanced AI Models
The Japanese government has requested U.S. AI developers Anthropic and OpenAI to provide expanded access to advanced models capable of identifying cybersecurity vulnerabilities, and will encourage critical infrastructure operators to adopt these models. The Japanese government plans to include provisions for strengthening cooperation with U.S. AI developers in a cybersecurity package set to be announced as early as next week. Japanese Prime Minister Sanae Takaichi on Monday instructed cabinet members to advance related work, collaborate with overseas government agencies to identify cyber attackers, and address system vulnerabilities. Japan is currently working to curb a recent wave of data breach incidents.
Uber Joins Blockchain Investment Pilot Alongside HSBC, Franklin Templeton and Other Institutions
Uber has participated in a blockchain investment pilot with institutions including HSBC and Franklin Templeton. Leveraging HSBC's tokenized deposits, Uber purchased a tokenized money market fund issued by Franklin Templeton on Thursday and sold it on Sunday, earning an additional 1.5 days of yield. This model enables capital investment and settlement via a public blockchain, eliminating the need for enterprises to sell assets before the Friday bank and market close as required by traditional processes. The pilot also involves Tradeweb and Fireblocks, with liquidity and settlement provided by Canton Network.
BTC breaks through $78,000, down 4.62% intraday
OKX market data shows that BTC has just broken through the $78,000 level, currently trading at $78,003.40 per unit, representing a 4.62% decline intraday.