In the past hour, total liquidations across the network reached $10.55 million, with $8.51 million from long positions, with $2.04 million from short positions. BTC liquidation $1.18 million, ETH liquidation $1.73 million.

Odaily Planet Daily reports that SpaceX is advancing its lunar industrialization plan, aiming to build an automated factory driven by humanoid robots on the moon to explore new models for space manufacturing and lunar resource utilization. SpaceX envisions deploying humanoid robots to complete tasks such as infrastructure construction, equipment maintenance, and resource processing on the lunar surface, reducing reliance on long-term human astronaut stays and establishing sustainable production capabilities for future deep space exploration. This plan aligns with SpaceX's long-standing vision for a space economy. The company hopes to reduce the cost of accessing space through reusable rockets and gradually build space infrastructure including a lunar base, resource development, and interplanetary transportation. Industry experts believe that the moon's low-gravity environment and abundant mineral resources make it a prime candidate location for future space manufacturing. Utilizing robots for remote or autonomous operations is considered a key technological direction for reducing lunar development costs and improving mission efficiency. Currently, SpaceX has not announced a specific timeline, investment scale, or robot deployment details for the lunar factory project; the plan remains in the long-term technological exploration phase.

According to Odaily Planet Daily, Luxembourg has passed a new law authorizing its Financial Intelligence Unit (FIU) to send cross-institutional fraud alerts to traditional banks and cryptocurrency exchanges. The measures took effect on August 8th. The law, numbered 8722, requires cryptocurrency exchanges in Luxembourg to receive alerts simultaneously with banks and payment institutions. This law aims to close loopholes that allow fraudulent funds to be rapidly transferred between traditional financial institutions and digital assets. Previously, under certain rules, banks could only intercept transactions of flagged accounts within their own systems and could not notify other financial institutions or cryptocurrency exchanges to prevent the inflow or outflow of funds. Max Braun, head of the Luxembourg FIU, stated that including cryptocurrency exchanges in the cross-institutional alert system will make it more difficult to cash out related accounts. Data from the Luxembourg Ministry of Justice shows that in 2024, the country's police recorded 6,382 fraud cases, and financial professionals submitted more than 18,000 reports of fraud and deception.

According to an announcement by the Shanghai Stock Exchange, in accordance with the relevant provisions of the "Implementation Measures for Shanghai-Hong Kong Stock Connect Business of Shanghai Stock Exchange", the list of Hong Kong stocks eligible for trading under the Shanghai-Hong Kong Stock Connect has been adjusted, with MINIMAX-W, Luxshare Precision, and Sanhuan Group being added, effective from the next trading day of the Hong Kong Stock Connect.

Odaily Planet Daily reports that Federal Reserve Chairman Neel Kashkari, in an interview with CNBC, stated that he remains open to future policy options and does not advocate for significant interest rate hikes. He believes that most recent inflation stems from supply shocks, coupled with some demand-side factors. Kashkari stated in the CNBC interview, "My goal is not to slow the economy, but to reduce inflation." He believes now is the time to begin gradually raising interest rates, but he does not support a significant increase. Kashkari emphasized the value of continuing the tradition of explaining the Fed's policy response mechanism to the public. He stated, "Don't think there's some magic number of meetings (to decide policy actions)." (Jinshi)