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Binance contracts will adopt the latest price protection (LPP) mechanism for the TACUSDT U-based perpetual contract on August 27, 2026, at 19:00, to address price deviations of TAC (TAC Protocol) across multiple exchanges.The LPP mechanism will be gradually implemented through a marked price smoothing processing model, with the funding rate limits adjusted to +0.005% / -0.005%.

According to Yonhap News Agency, Park Hyun-joo, Chairman of Mirae Asset Group, stated that the cryptocurrency trading platform Digital X will be the core pillar of "Mirae Asset 3.0." Based on the group's customer assets exceeding 1,500 trillion won, the initial goal is to expand the digital asset business to 150 trillion won and aim for profitability by 2027.Mirae Asset plans to expand its products around four major directions: crypto assets, stablecoins, RWA, and STO, and promote the digitization of assets such as gold, silver, and electricity, as well as on-chain financial services. Digital X was formerly the South Korean cryptocurrency exchange Korbit, which was renamed after Mirae Asset Group acquired 97.15% of its shares.

NVIDIA CEO Jensen Huang stated that the future size of the non-hyperscale cloud computing market may exceed the current total capacity of cloud computing.

As of July 26, NVIDIA's total future commitments for the fiscal year increased to $279 billion, primarily related to the procurement of storage chips.

According to Glassnode analysis, Bitcoin has rebounded about 26% since the mid-August low, with a net inflow of $2.23 billion into U.S. spot Bitcoin ETFs during the same period, marking the strongest seven-day inflow of the year, with no single day of outflows. The amount of Bitcoin on exchanges has decreased, while various wallet sizes have simultaneously accumulated. The upcoming supply is concentrated in the $81,000 to $86,000 range, which overlaps with hotspot costs, re-listed sell orders, market maker gamma flips, and short liquidations.Glassnode states that this round of increases was ignited by the record short squeeze on August 19, with 85% of liquidations within the squeeze window being shorts, representing the largest single-day short liquidation since 2019 according to their statistical criteria. The open interest in futures has decreased by 11% in terms of coins, and the funding rate is close to neutral, indicating that the market is mainly driven by short stop-losses rather than new long leverage chasing the price up. Options pricing suggests that the market may maintain until late September, with attention on approximately $83,300 above and the $70,000 cost area and $62,000 to $65,000 support below.

According to Newswire, IBM announced that it has completed the acquisition of HRL Laboratories, LLC, a leading research and development institution specializing in quantum computing, quantum sensing, advanced communications, electronics, manufacturing, and materials science. This acquisition also complements IBM's broader innovations and investments in the fields of quantum manufacturing and infrastructure.HRL's expertise in silicon-based quantum technology creates opportunities for future collaboration with IBM's pure quantum wafer fabrication plant, Anderon, supporting scalable manufacturing methods and accelerating the learning cycles of various quantum computing paradigms. Boeing and General Motors (the former owners of HRL) will continue to collaborate with IBM and HRL on quantum applications and advanced technology development. The financial terms of the deal were not disclosed.

CoinDesk cites data from Glassnode indicating that Bitcoin recently surged to $80,000, primarily driven by short sellers being forced to cover their positions, rather than a large influx of new buyers. This characteristic has historically made the market more sustainable.Data shows that as short positions were liquidated, Bitcoin futures open interest has dropped to 587,584 BTC, marking a nearly 5-month low. The market leverage level has decreased, providing a relatively more solid foundation for price trends.

According to Gate market data, the Nasdaq 100 index futures continue to rise, currently up about 1%, while the S&P 500 index futures and Dow futures are up about 0.5%. The storage concept rebounded before the market, with SK Hynix, Western Digital, and Micron Technology all rising over 3%, and SanDisk rising over 4%.

Hyperliquid Policy Center (HPC) submitted a letter of opinion to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) stating that eligible equity perpetual contracts can be classified as securities futures. This category is jointly regulated by the two agencies, allowing exchanges to compete on execution quality rather than jurisdiction.HPC pointed out that there is still no clear classification for perpetual contracts under U.S. law (whether futures or swaps), and this fundamental issue remains unresolved. They possess characteristics of futures such as standardized terms, the ability to hedge positions, and forward value, although they do not have a fixed expiration date, but prices converge continuously through funding rates.The letter of opinion proposed four points: confirm that the definition of securities futures can encompass cash-settled equity perpetuals with futures characteristics; retain flexibility for product listings at trading venues; maintain consistency in classification between the two agencies; modernize the securities futures framework to accommodate new structures. HPC stated that in the past 10 months, the trading volume of Hyperliquid perpetual contracts has exceeded $48 billion, and a clear framework would help relevant products enter the U.S. market.

According to Gate market data, U.S. stock index futures have narrowed some of their losses; the S&P 500 index and Dow futures are currently down about 0.1%, while Nasdaq futures are down about 0.4%.

According to Gate market data, the three major U.S. stock index futures opened slightly lower on Monday.

The metaverse gaming platform The Sandbox confirmed that there is a vulnerability in its cross-chain bridge, allowing attackers to mint uncollateralized SAND on Base and BNB Smart Chain. Blockchain security company PeckShield discovered on August 21 that two addresses had collectively minted approximately 1.49 billion SAND, prompting The Sandbox to shut down the bridging functions for both networks.The Sandbox stated that the affected assets are those bridged on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and Ethereum locked assets used to support the tokens remain unaffected. The incident involved a proportion of real collateralized assets that is less than 0.01% of the total supply of SAND. The Sandbox is formulating a compensation plan for the affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until the bridging function is restored.Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, at which time any open positions will be automatically settled.

The Hong Kong Securities and Futures Commission has announced that "Diamond Coin/Diamond Fund" has been listed as a suspicious investment product related to digital tokens. The Hong Kong Securities and Futures Commission stated that the product involves a digital token called Diamond Coin, which claims to represent certain rights in a fund that invests in ancient artworks and historical artifacts, named "Diamond Fund," with a target annual return rate of over 30%.Previous promotional activities held in Hong Kong advertised to investors, and the Hong Kong Securities and Futures Commission reminds investors to be wary of any social media accounts or posts related to this product.

The latest research report from the Hyperliquid Policy Center (HPC) states that perpetual contracts expand hedging options and improve price discovery, with no evidence found of statistically significant harm to the benchmark futures market. The report argues that perpetual contracts are complementary to traditional futures with expiration dates, rather than zero-sum substitutes.The study utilizes the natural experiment of traditional markets being closed on weekends while perpetual markets continue trading, comparing 205 weekends of Bitcoin trading and 19 weekends of on-chain crude oil perpetual (xyz:CL) samples. The report states that expiring futures require calendar-based forced rollovers, with the cost of rolling a $10 million exposure on the Monday of April 2026 being about $950,000, while on Friday it is about $110,000; perpetual positions do not have this forced cost. The median transaction price for on-chain crude oil perpetual during non-trading hours is about $1,300, approximately one percent of the benchmark WTI median transaction price.HPC also provides an example where the crude oil weekend repricing on the week of March 6, 2026, was 15.8%, with the benchmark market completely closed; if hedged through on-chain crude oil perpetual, a $10 million position loss could be reduced from about $1.58 million to approximately $62,000 (after accounting for all costs).

CryptoQuant analyst BorisD stated that the main driving force behind this round of Bitcoin's rise is not spot buying, but rather passive buying triggered by the concentrated liquidation of short positions in the Binance futures market.Data shows that Binance's short squeeze value reached 6.94 this week, higher than the 5.38 in November 2024, marking the highest level since then. If there is a lack of sustained spot demand to support it, the futures-driven rebound may still face the risk of a pullback after the momentum weakens.

CryptoQuant founder Ki Young Ju posted on the X platform that the demand for Bitcoin spot and perpetual futures has turned positive for the first time since reaching a historic high in October 2025. The scale of demand is still relatively small, but if this trend continues for a month, it can be reasonably concluded that the bear market has ended and a new bull market cycle has begun.

Dow futures and Nasdaq futures fell slightly after Walmart (WMT.N) announced its quarterly results.