Flap launches perpetual contract vault, and will activate its contract market simultaneously once the meme coin is issued.

According to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) is delivering on its earlier pledge to fast-track crypto regulatory rules. A landmark digital asset bill failed to advance in the U.S. Senate earlier this week. As the futures and swaps regulator designated to be the primary oversight body for crypto markets under the CLARITY Act, the CFTC has submitted a new proposal to the White House for review, focused on regulating crypto asset trading and markets. U.S. Office of Management and Budget (OMB) data released Friday indicates the proposal was received on Thursday.

Beating AI Express: MiniMax has officially open-sourced MiniMax Code CLI v0.4.12 under the MIT license. As the core command-line tool for MiniMax Code, it is responsible for reading code, modifying files, calling tools, and executing tasks. The desktop version is not open-sourced in this release. MiniMax also announced a set of test results: MiniMax Code 0.3.2 paired with Kimi K3 completed 23 out of 30 programming tasks, with a pass rate of 76.7%. The median time for successful tasks was 4 minutes and 33 seconds, outperforming public baselines such as Codex and Claude Code.

According to a report by The Wall Street Journal, Coinbase Global said on Friday that the company has sought regulatory approval to launch perpetual contracts linked to individual stocks of large U.S. listed companies.

Key pre-market news for US stocks on Friday is as follows: 1. The US SEC has introduced new tokenized stock innovation exemption rules to boost growth. SEC Chair Paul Atkins said the initiative aims to advance US stocks toward 24/7 trading, noting tokenization could support real-time inventory management and reduce naked short selling risks. 2. Robinhood has upgraded stock token dividend benefits, with automatic crediting on ex-dividend dates; Coinbase is seeking to list perpetual contracts tied to individual listed company stocks. 3. The Fed's mouthpiece stated that if the Federal Reserve raises interest rates again in October, Walsh is likely to be re-examined by Trump. 4. Bitcoin spot ETFs recorded a net inflow of $159.5 million yesterday, while Ethereum ETFs posted a net outflow of $39.3 million. 5. Buffett steps down as chairman of Berkshire Hathaway, will serve as honorary chairman effective immediately, while retaining his seat on the board of directors.

According to market data, the ZHIPU contract trading pair on Hyperliquid once dropped over 9% after the Hong Kong stock market closed, hitting a low of $92.045. It is now trading at $95.077, equivalent to approximately HK$754.89.

According to market sources, Turkey's wealth fund bought stocks on Thursday to stem the market's sharp plunge.