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Binance to launch 6 perpetual contracts for traditional financial assets, with up to 20x leverage.

57 minutes ago

Binance is set to launch six USDT-denominated perpetual contracts for traditional financial assets on August 14, with underlying assets covering Hong Kong-listed stocks, South Korean-listed equities, and South Korea’s KODEX 200 ETF. The included assets are: CICT (3308.HK), Samsung Electro-Mechanics (009150.KS), Hanmi Semiconductor (042700.KS), LG Electronics (066570.KS), NAVER (035420.KS), and KODEX 200 ETF (069500.KS). The CICT USDT perpetual contract will go live at 10:00 AM Beijing Time on August 14, with the remaining five contracts launching at 5-minute intervals afterward. All contracts support up to 20x leverage, have funding rates settled every 8 hours, feature upper and lower limits of ±2%, and are compatible with multi-asset mode.

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Iran: Will Wear Down the U.S. Through a Protracted War

In an interview broadcast on U.S. public television PBS on August 11 local time, Mohammad Reza Naghdi, advisor to the commander-in-chief of Iran’s Islamic Revolutionary Guard Corps (IRGC), stated that the two main goals of the U.S. war against Iran—overthrowing Iran’s leadership and splitting the country—have “already failed,” adding that “victory is on Iran’s side.” Naghdi pointed out that the U.S. has displayed confusion and uncertainty in this conflict, saying, “The U.S. keeps announcing new goals every few days, turning this into a war without strategy.” He also emphasized that Iran will continue to achieve victories. Over more than five months of confrontation with the U.S., Iran has not only accumulated experience but also found that U.S. military forces are weaker than expected. Iran must achieve deterrence to ensure enemies never dare attack it again, and one way to do this is to “prolong the war” to wear down the U.S., so that anyone considering attacking Iran in the future “will first weigh the cost they will have to pay.” (Source: CCTV International News)

4 minutes ago

South Korea's sovereign wealth fund KIC has made its first investment in Circle, holding a stake valued at $4.1 million in the second quarter.

Korea Investment Corporation (KIC) has made its first investment in Circle, a stablecoin issuer. Data disclosed by the U.S. Securities and Exchange Commission (SEC) shows that as of the second quarter of 2026, KIC held 65,443 shares of Circle, with a holding value of approximately $4.099 million (equivalent to about 5.83 billion South Korean won). Previously, KIC’s holdings of crypto-asset-related companies included Strategy, Coinbase, Block, Robinhood, and Riot Platforms. In Q2 2026, KIC reduced its stakes in Strategy, Coinbase, and Riot Platforms, while increasing positions in Block and Robinhood. The total value of its related U.S. stock holdings rose 27% from $132 million in Q1 to $168 million. Specifically, Strategy’s holding value dropped 32% from $10.61 million to $7.17 million; Coinbase’s fell 30% from $52.99 million to $36.93 million; Block’s surged 58% from $17.25 million to $27.34 million; Robinhood’s jumped 92% from $45.88 million to $87.96 million; and Riot’s rose 70% from $4.95 million to $8.42 million.

4 minutes ago

Most large-cap US tech stocks rose in pre-market trading, with SK Hynix down 0.8%.

According to BIT (Bit.com) market data, most large-cap US tech stocks advanced in pre-market trading. SpaceX rose 0.4%, Meta, Amazon, Micron Technology, and Google Class A gained 0.2%, Apple added 0.1%, Tesla and Nvidia remained unchanged, Microsoft dropped 0.4%, and SK Hynix fell 0.8%.

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Hong Kong stocks closed, with the Hang Seng Index down 0.17% and the Tech Index up 0.33%.

Hong Kong stocks closed: The Hang Seng Index fell 0.17%, while the Hang Seng Tech Index rose 0.33%. Tencent Holdings (00700.HK) closed down 4.46% after releasing its earnings results. Lenovo Group gained 20.179%, Zhipu rose 9.023%, and MINIMAX-W advanced 5.988%.

4 minutes ago

Spot gold fell more than 1% on the day, currently trading at $4,364.24.

According to Bitget's market data, spot gold has fallen more than 1% on the day, currently trading at $4,364.24 per ounce.

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One-third of derivative trades on Bitget’s platform stem from stock contracts, which currently cover 271 underlying assets.

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4 minutes ago

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