South Korean President Lee Jae-myung called for the establishment of an intergovernmental cybersecurity agency to address the Binance hack.

Arthur Hayes announced on the X platform that the FLOP development testnet is now open to builders. Developers can obtain test FLOPs, browse blocks, and invoke verified inference services through proxies. Hayes cautioned that the development testnet token has no value, does not generate rewards or airdrop weights, and the chain may be reset. There are currently no FLOP tokens; users should not share mnemonic phrases and should verify information through the official link.

Spot gold fell 1% on the day, currently trading at $3,906.47 per ounce.

The contract account at address 0x1f25...f925 has accumulated losses of approximately $38.19 million. This address reduced its BTC short positions by approximately $7.66 million and closed them out, with an average transaction price of $76,804. It currently has no BTC positions.

Hyperliquid co-founder Jeff Yan stated that the platform's entry into the US market requires regulatory compliance through an independent operating entity built on top of the protocol. Hyperliquid's HIP-3 upgrade supports deployment in asset derivatives markets such as stocks, gold, and crude oil, and its ecosystem project, Trade.xyz, has surpassed $500 billion in cumulative trading volume. Intercontinental Exchange (ICE) has invested in Trade.xyz, and Yan is optimistic about the future growth potential of Real-World Asset Tokenization (RWA). (Source: Bloomberg)

ZachXBT points out that the European institutions suspected of being attacked have also been found to have made over $27 million in abnormal withdrawals from centralized trading platforms, bringing the total amount involved in the incident to over $133 million. ZachXBT questions whether the institutions involved covered up the incident, resulting in the laundering of over $30 million, which EU law enforcement agencies originally had the opportunity to freeze.