Preview: U.S. July retail sales data will be released tonight; if it comes in stronger than expected, it will dampen the likelihood of interest rate cuts.

Hong Kong-based stablecoin payment firm RedotPay has delayed its U.S. IPO plan, with the listing potentially pushed back to next year or later. The company raised over $150 million in financing rounds completed last September and December, with investors including the venture capital arms of Coinbase and Circle. Earlier reports noted that earlier this month, Binance-affiliated entities Nest Trading, DistributedTechnologies, and Chaintecs Consulting Singapore filed a lawsuit in Hong Kong against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi, and Yao Chao, accusing the trio of breaching agreements by diverting more than 470,000 users from Binance Card to RedotPay, and seeking $472.8 million in damages.

According to PR Newswire, AI data center firm Hyperscale Data (GPUS) announced it has completed the sale of approximately 685 Bitcoin, generating around $43 million in proceeds. The funds will be primarily used for the ongoing development and expansion of its Michigan data center, as well as repaying roughly $30 million in debt to optimize its capital structure. The company currently holds approximately 275 Bitcoin.

Binance Alpha will list KiiChain (KII), with its listing and trading set to commence at 21:00 UTC+8 on August 14. Users holding at least 230 Alpha points are eligible to claim an airdrop of 360 KII tokens on a first-come, first-served basis. If the event remains ongoing, the score threshold will automatically decrease by 5 points every five minutes.

Hyperliquid announces HIP-4 has rolled out multiple new features: Deployers can now add named results after a question is created, with the new results’ initial balances matching the pending fallback balance; Template instantiation now requires setting a deployerFeeScale — a fee multiplier similar to HIP-3, which deployers can configure between 0 and 10 to charge result fees; A new shortString type hint has been added for template-side names, simplifying interface field parsing; Settlement details have been pruned from L1 state, so dependent node APIs or precompiled application readers can index required data independently; Multiple new template sets have been added to the testnet, with template IDs using sequential suffixes — all except the highest sequential ID in each set are marked as deprecated templates. After the next network upgrade, the fee mechanism will activate for validator-deployed result markets, with the average transaction fee for these markets set at half the rate of non-result spot trades. The HIP-4 mainnet launch will follow a conservative phased rollout: Each deployer will initially be capped at 100 concurrent results and a maximum of 500 result deployments per day; Once the technology stabilizes, these limits are expected to quickly rise to 1000 concurrent results and 5000 daily deployments, with further limit increase plans to be developed based on feedback.

Due to a security incident involving Harmony (ONE) that has caused spot price anomalies across multiple exchanges, Binance Futures will activate the latest Price Protection (LPP) mechanism for the ONE USDT U-margined perpetual contract at 20:00 on August 14. User assets remain unaffected. The mark price will be calculated based on the average trading price over the past 10 seconds and transition smoothly, with a maximum per-second fluctuation of ±1%. The upper and lower limits of the funding rate have been simultaneously narrowed from ±2.000% to ±0.005%. Once the ONE spot price converges across multiple exchanges, the LPP period will conclude and standard mark price calculations will resume. A separate announcement will be issued for this adjustment.

Whale 0x117f is staking and going long $ASTER. The whale opened a 4x long on 7.2M $ASTER($4.33M) on @Aster_DEX and also staked 4.02M $ASTER($2.42M) for 4 years.