ICON

Binance
2026-08-09 09:30:17

Binance spot market swings sharply as BICO drops 41.08% and TKO hits a weekly high

Binance spot trading data showed sharp moves across several tokens, according to a ChainCatcher market update. BICONOMY (BICO) posted the biggest decline in the group, falling 41.08% over the past 24 hours. At the same time, TOKO (TKO) rose 5.97% and reached a new high for the week. SYN also moved higher, gaining 5.61% over 24 hours, with the token described as rebounding after touching a local low. Other names tracked in the update gave back earlier gains. RONIN fell 7.1%, ACT dropped 6.43%, PROVE lost 6.7%, and ALLO declined 7.03%, all marked by a rise-then-pullback pattern. BMT and MMT also moved lower, slipping 5.06% and 3.47%, respectively. The figures were cited from Binance spot data in the ChainCatcher report.

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Binance spot market swings sharply as BICO drops 41.08% and TKO hits a weekly high
Paragon
2026-08-09 08:35:06

Paragon Acquires CAMBRICON Code, May Launch Perpetual Contracts

On August 9, HIP-3 DEX Paragon spent 580.97 HYPE to acquire the code of CAMBRICON, suggesting perpetual trading for the Chinese AI chip designer could go live in the coming days. CAMBRICON focuses on AI core chips, covering cloud accelerators, edge computing, IP licensing, and system software.

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Paragon Acquires CAMBRICON Code, May Launch Perpetual Contracts
Stablecoins
2026-08-09 00:34:05

Why crypto venture capital is clustering around stablecoin infrastructure

Crypto venture funding slowed sharply in the first quarter of 2026, but stablecoin payment infrastructure remained one of the few areas still drawing large checks. Galaxy Research said crypto VCs invested $4 billion across roughly 355 deals during the quarter, down about 50% from the prior quarter, while deal count fell 16%. At the same time, 57% of capital went to later-stage companies, showing a clear preference for businesses that already have customers, revenue and payment volume rather than token-led narratives. That shift helps explain why companies such as Rain, OpenFX, RedotPay, Mesh and Conduit have continued to raise substantial rounds. Investors are not just backing stablecoin issuers. They are funding the wider stack around payments: cards, cross-border settlement, FX liquidity, wallets, banking access, orchestration and redemption. The appeal is straightforward. Stablecoins can serve as a 24/7 settlement asset, while the companies building on top of them can charge fees that look familiar to fintech investors, including transaction fees, FX spreads, card issuance fees and API subscriptions. Still, the article argues the excitement should be viewed carefully. On-chain stablecoin volume is not the same as real-world payment activity, and fundraising remains concentrated in a small number of scale players. Licensing, local banking ties, fiat on- and off-ramps, and rising competition remain central constraints even as the sector gains momentum.

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Why crypto venture capital is clustering around stablecoin infrastructure
Gate
2026-08-04 04:14:46

Gate to launch 10 stock-derivatives perpetual contracts and roll out a 50,000 USDT airdrop campaign

Gate said its stock derivatives section will debut 10 perpetual contracts on August 4 at 13:30 (UTC+8), with all contracts settled in USDT and offering 1x to 20x leverage. The first batch includes CAMBRICON, EOPTOLINK, IEIT, MONTAGE, FII, NAURA, AMEC, SUNGROW, CMOC and BLUEFOCUS, each listed with their corresponding China A-share tickers. The exchange also said it will open the 12th new-token airdrop event for its stock derivatives section from August 4 at 16:00 to August 13 at 16:00 (UTC+8). Under the campaign, new users can receive 5 USDT after completing their first futures trade, while participants who complete daily trading-volume check-ins for eligible contracts can collect as much as 35 USDT in total. Users trading the designated contracts will also be able to share a 30,000 USDT prize pool. According to the official announcement cited by ChainCatcher, the total prize pool for the event is 50,000 USDT, and the maximum reward available to a single participant is 240 USDT.

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Gate to launch 10 stock-derivatives perpetual contracts and roll out a 50,000 USDT airdrop campaign
Anthropic
2026-07-22 15:55:13

AI Startup Anthropic Hits $800B Valuation, Plans IPO as Early as October

Anthropic's valuation nearly doubled to $800B within a year of its Series G round, driven by explosive revenue growth and Claude Code's 5.5x surge. The company eyes an October IPO targeting over $60B in fundraising, though sustainability concerns linger amid fierce competition.

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AI Startup Anthropic Hits $800B Valuation, Plans IPO as Early as October