BlockBeats news, on August 21, the U.S. Commodity Futures Trading Commission (CFTC) recently disclosed that the U.S. District Court for the Southern District of New York has issued supplemental consent orders against former Alameda Research CEO Caroline Ellison and Alameda, FTX co-founder Gary Wang, officially resolving the CFTC's enforcement cases against both individuals. According to the court order, Ellison and Wang must continue to cooperate with the CFTC investigation. Ellison is subject

BlockBeats news, on August 21, NFT content distribution platform XCAD Network announced it will gradually cease operations. The project team stated that the company currently has no remaining funds, and maintaining the token's listing on trading platforms has become a "doomed losing battle." Existing products and services will no longer be maintained. XCAD Network said the company has been operating for about 5 years and is one of the few projects that have maintained operations for many years

BlockBeats news, on August 21, Terry Duffy, Chairman and CEO of the Chicago Mercantile Exchange (CME) Group, stated this morning at the CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a substantial impact on the U.S. market. trade.xyz is a major market builder on the Hyperliquid chain, focusing on perpetual contracts for stocks, commodities, and Pre-IPO, with its trading volume accounting for a significant share of Hyperliquid. Duffy has previously publicly

BlockBeats news, on August 21, the first Innovation Advisory Committee of the US CFTC held a meeting this morning, where Multicoin Capital co-founder Tushar Jain made three proposals. First, provide a safe harbor or innovation exemption mechanism for emerging markets such as computing power derivatives, allowing developers to test new products and business models within a compliance framework. Second, support DeFi in adopting compliant privacy and confidentiality tools that protect institution

BlockBeats news, on August 21, John Ternus, Apple's Senior Vice President of Hardware Engineering, will succeed Tim Cook as Apple's CEO on September 1, 2026. Cook will become the Executive Chairman of the Board and continue to assist with company affairs. Since taking the helm of Apple in 2011, Cook has overseen a total stock return of approximately 2740%, with the market value increasing to about $4.63 trillion. Meanwhile, Apple's latest financial report shows that R&D investment in the third

BlockBeats news, on August 21, the latest research from the Anti-Corruption Data Collective (ACDC) shows that at least 152 anonymous wallets on Polymarket may have traded by prematurely accessing U.S. military and defense-related information, earning a total profit of about $8 million, with an average win rate of 97.2%. However, the research institution emphasized that blockchain data itself cannot prove the actual controllers of these wallets nor confirm their information sources, so insider tr

BlockBeats reports that on August 21, Bitcoin broke through $73,000 for the first time since June. The day before, the crypto market saw a record liquidation of about $2.75 billion in Bitcoin short positions, with the short squeeze further accelerating this rally. Analysts say this rally is not solely driven by short covering; spot and ETF capital demand is improving, while the decline in long-term U.S. Treasury yields and a clearer crypto regulatory environment in the U.S. also support the mar

BlockBeats news, on August 21, insiders revealed that Samsung Electronics will announce a new shareholder return plan on Friday, potentially amounting to as much as 110 trillion Korean won (79 billion USD). Insiders disclosed that Samsung's board of directors is scheduled to hold a meeting around 4 PM local time, after the Korean stock market closes, and the details of the plan will be announced shortly after. According to insiders, the scale of this shareholder return plan is expected to be be

BlockBeats news, on August 21, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that even if the U.S. Congress fails to pass the Clarity Act, the crypto industry will still receive market structure regulatory rules. Selig said that the CFTC can establish a market regulatory framework either by formulating rules or by promoting legislation. Selig indicated that the CFTC is currently evaluating multiple crypto regulatory rules but will continue to monitor th

BlockBeats news, on August 21, according to Bloomberg citing informed sources, Broadcom is negotiating with multiple lending institutions on an AI chip financing deal exceeding $60 billion, which will help AI companies including Anthropic obtain chips and other critical AI infrastructure. Sources said the financing plan may include about $30 billion in subordinated debt and senior secured debt ranging from $60 billion to $70 billion. Broadcom will provide guarantees for part of the senior secur