ZEC Spot Trading Volume Surpasses ETH on Hyperliquid

Crypto-friendly securities platform UMX, incubated by Avenir Group, announced its official launch and full open registration. Since the public beta kicked off on August 10, UMX has collected 788 product feedbacks, with 89 demands incorporated into the official version, completing a practical validation round rooted in real use scenarios and user needs. It is reported that UMX stems from the cross-asset management practice of Li Lin’s family office team. To break down barriers between crypto assets and securities, UMX has built a unified trading system covering all categories of Hong Kong and U.S. stocks as well as crypto assets. The platform adopts cross-asset unified margin, flexible transfers, and the industry-first "hold-assets-for-credit" stock purchasing mechanism, enabling users to directly access purchasing power for Hong Kong and U.S. stocks without selling their crypto assets, realizing the function of "buying stocks via credit based on held assets". During the launch period, UMX is running a "Grand Opening Triple Rewards" campaign: users who meet wealth management targets will receive the latest iPhone Duo, earn UMX points for trading activities, and new users can get up to 100 USDT in bonus rewards.

According to TradingBeats' monitoring, Hyperliquid address 0xd7b8…9f55 currently holds around 7,351 ETH short positions, using 15x full-margin leverage. The position is valued at approximately $18.05 million, with an unrealized loss of roughly $27,000. The average entry price of the position is about $2,452.59, and its liquidation reference price is around $2,695—roughly 9.8% higher than the current mark price. Trading statistics indicate that this address has previously accumulated a profit of approximately $2.51 million from ETH trades.

According to SpotOnChain’s monitoring, Hyperliquid trader watershedpath holds a $11.2 million long HYPE position with 5x leverage, generating an unrealized profit of approximately $58 million. The position’s average entry price is $38.68, while HYPE currently trades at $81.38—nearly doubling since entry—and the trader has held the position without taking profits. This is one of the largest single-sided HYPE positions on Hyperliquid, with the trader’s total profit on the platform exceeding $50 million.

Cryptocurrency-friendly securities platform UMX (The Unified Market Exchange), incubated by Li Lin’s Avenir Group, announced its official launch. Since the start of its public beta on August 10, UMX has received a total of 788 product feedbacks, with 89 demands implemented in the official version. Positioned as a crypto-friendly securities platform for global professional investors, UMX’s core offerings include real Hong Kong and US stocks, ETFs, US stock options and crypto asset trading. It is designed to address issues such as digital and securities assets being segregated in different account systems, complex cross-market allocation processes, and scattered purchasing power. Users can trade real securities and crypto assets under a unified account system, flexibly transfer funds between securities, crypto assets and fiat currencies, and access unified margin for cross-asset operations.

Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), MUFG Trust Bank, and TISI announced that they have completed a joint multi-bank stablecoin issuance and cross-border payment pilot program from July 17 to 23, 2026. The project is supported by Japan’s Financial Services Agency (FSA)’s Fintech Pilot Center Payment Innovation Program (PIP). The three banks acted as co-principals, with MUFG Trust Bank serving as trustee. Under the trust agreement, the stablecoin was issued as a specific trust beneficial right per Japan’s Funds Settlement Act, using cross-border settlements between Mitsubishi Corporation’s Japanese and overseas bases as the use case to verify regulatory compliance and operational feasibility. All parties confirmed the system’s security and the viability of the multi-bank issuance model, and completed end-to-end verification of the stablecoin’s issuance, transfer, and redemption processes. The three banks previously stated plans to launch live transactions within the 2026 fiscal year, and established a joint discussion committee. With deposits as reserves and circulation limited to bank-verified users as core design premises, they will continue advancing the implementation of stablecoins and on-chain finance.

Beating AI News Flash: OpenAI has launched its new real-time voice model GPT-Live-1.1, along with a lightweight version, GPT-Live-1.1 Quip. The update adds 13 new voices covering languages including French, German, Hindi, Japanese, Korean and Mexican Spanish, plus an English voice named Bubbie. OpenAI states that the new version improves multilingual accents to make voice conversations more natural. The AI also no longer repeats fixed phrases such as "Checking" when searching for information, and task handoffs to other models are now smoother. GPT-Live-1.1 will be the default voice model for Plus and higher-tier subscribers, while other users will default to Quip. The update is rolling out to ChatGPT, Codex and dots, with API access to be opened later.