Hassett: Raising interest rates was a mistake

According to The Block, Marc Zeller, founder of Aave Chan Initiative (ACI), stated that the company has officially ceased operations after a governance dispute with Aave Labs.

Computing rental companies Nebius and CoreWeave fell over 9% in pre-market trading, as Meta is building a cloud business to sell excess AI computing power.

According to BIT market data, the storage sector of the US stock market experienced a general decline before trading, with Seagate Technology (STX) falling 4.87%, Western Digital (WDC) falling 5.57%, SanDisk (SNDK) falling 7.14%, and Micron Technology (MU) falling 5.29%.

The platform is now live within the Phantom wallet and at world.xyz, utilizing Chainlink as its primary oracle infrastructure for market data.

According to Defillama data, the perpetual contract trading volume of trade.xyz reached a record high of 77.847 billion US dollars in June. The quarterly perpetual contract trading volume of the platform reached 190.61 billion US dollars, an increase of 73.8% compared to 109.69 billion US dollars in the previous quarter.