In the past hour, total liquidations across the network reached $10.56 million, with $8.83 million from long positions, with $1.74 million from short positions. BTC liquidation $2.19 million, ETH liquidation $3.00 million.

Odaily Planet Daily reports that Iran's Supreme Leader Mojtaba Khamenei issued a statement expressing his condolences for the assassination of Larijani, Secretary of Iran's Supreme National Security Council, and his son. In the statement, Khamenei praised Larijani as a "learned, visionary, and loyal" key figure in the political arena, possessing nearly fifty years of political, military, and cultural experience. Khamenei emphasized in the statement that such acts of terrorism only "strengthen the will of the Islamic nation" and vowed that "the blood debt will soon be settled." (CCTV News)

According to a court filing with the U.S. Securities and Exchange Commission (SEC), Elon Musk is in settlement talks with the SEC regarding his failure to disclose his purchase of Twitter (now renamed SpaceX) stock before making a takeover offer in April 2022. The report states that SpaceX's bankers hope to settle the matter before potentially launching the largest IPO in history. Regulations stipulate that investors who purchase 5% or more of a publicly traded company's shares must disclose their ownership within 10 days of the purchase. However, Musk did not disclose his ownership until 21 days after reaching that threshold. He also filed a "13G" form, intended for passive investors, instead of the "13D" form, designed for activist investors, including those intending to make takeover offers. Musk's lawyers told the court earlier this month that, at least to some extent, these settlement negotiations were conducted without the involvement of the SEC enforcement lawyers handling the case. (AXIOS)

Odaily Planet Daily reports that trade.xyz announced on its X platform that S&P Dow Jones Indices and trade.xyz have jointly launched the first official S&P 500 perpetual contract on Hyperliquid. This contract is based on official index data and supports continuous trading 24/7.

According to Odaily Planet Daily, Nikita Bier, X's product manager and Solana consultant, stated that X is building a "defensive fortress" to address what it calls "AI Slopacalypse" through multi-layered redundancy mechanisms. These protective measures are expected to gradually materialize over the next few months. He pointed out that while it's uncertain whether all tools will be implemented, preparing in advance is necessary, demonstrating the platform's proactive approach to the potential risks posed by AI-generated content.