Polygon will permanently burn 100 million POL tokens, with the relevant contracts already deployed to the testnet.

According to Arkham's monitoring, Zcash whale address t1Lyq transferred ZEC worth approximately $362.56 million last night, with $15 million deposited into Coinbase. This marks the first time the address has funded a cryptocurrency exchange in 10 months. Ten months ago, this batch of ZEC was valued at around $163.88 million. Arkham noted that the whale has generated an unrealized profit of roughly $361 million from holding ZEC since 2025.

Beating AI Express News: Jina AI has released its document parsing model jina-ocr-v1, which can directly convert PDFs, scanned documents, tables, and charts into Markdown. Post-trained on DeepSeek-OCR, the model retains the latter’s Mixture of Experts (MoE) architecture with approximately 3.4 billion total parameters, activating around 570 million parameters per token during decoding, and integrates FastMTP speculative decoding. In Jina’s internal tests, jina-ocr-v1 scored 91.14 on OmniDocBench v1.6, 0.89 points higher than DeepSeek-OCR-2; it also achieved 83.4 on olmOCR-Bench, a 7.4-point improvement over the DeepSeek-OCR base model it is built on. Throughput is one of Jina’s key selling points: on a single A100 with 32 concurrent requests, the model delivers 2.57 pages per second — the highest among the 14 systems Jina benchmarked, roughly 22% faster than DeepSeek-OCR’s 2.10 pages per second. The model weights are now available on Hugging Face under the CC BY-NC 4.0 license; commercial use requires contacting Jina.

Binance adds five TradFi perpetual contracts, including Hut 8 (HUT), UiPath (PATH), Arista Networks (ANET), AMC Entertainment (AMC), and Cypherpunk Technologies (CYPH). The contracts support 24/7 trading with up to 20x leverage.

Beating AI Flash News: SpaceXAI has launched Grok Voice Transcribe 2.0, a tool focused on real-time speech-to-text. According to Artificial Analysis’s English streaming transcription leaderboard, the product ranks first with a word error rate (WER) of approximately 2.7%, outperforming Meta Muse and OpenAI GPT Live Transcribe. Pricing remains unchanged: batch transcription costs $0.10 per hour, while real-time transcription is priced at $0.20 per hour, compared to OpenAI GPT Live Transcribe’s ~$1.02 per hour. Multilingual capabilities have also seen notable improvements: in SpaceXAI’s internal tests, the WER for short voice commands across 19 languages fell from 20.6% to 6.8%, and the tool can automatically identify and switch between languages.

According to HTX market data, HYPE has surged past $94, hitting a new all-time high of $94.43, with a 24-hour gain of 9.1% and a market cap of $20.996 billion. Below is a roundup of recent positive developments for Hyperliquid: · Payward, parent company of Kraken, announced plans to offer on-chain perpetual contracts based on Hyperliquid to U.S. clients. Bitnomial, a CFTC-regulated exchange and clearinghouse under Payward, acts as the HIP-3 deployer, responsible for creating, owning, managing markets, and clearing trades. NinjaTrader Clearing, a registered Futures Commission Merchant (FCM), will hold client accounts. · The U.S. SEC announced its "Innovation Exemption," granting conditional five-year exemptions to certain tokenized stock trading platforms, a boost for Hyperliquid’s expansion in the tokenized equity and real-world asset (RWA) space. · The HIP-3 market accounted for nearly 50% of the platform’s perpetual trading volume in summer 2026, up from around 2% at the start of the year. TradeXYZ’s stock market (including Nasdaq 100 and individual equities) remains dominant. Over the same period, total RWA perpetual trading volume across the market rose from ~$85 billion per month in January to ~$470 billion per month in June. · Hyperliquid’s perpetual contract trading volume over the past 30 days reached ~$240 billion, leading public chains/ecosystems (second-place Arbitrum recorded ~$47.2 billion, while Solana saw ~$46 billion). It holds a ~36% share of the Perp DEX market over the same period, with cumulative perpetual trading volume exceeding $5.3 trillion. · Hyperliquid recently launched the Manual Borrows feature, allowing users to borrow USDC or USDT using HYPE or BTC as collateral.

Garrett Jin (@GarrettBullish), the largest $ZEC short, is now sitting on a $33.66M unrealized loss! Liquidation price: $4,792.01 But his 1,333 $BTC ($108.57M) long is now up $4.5M.