Gumi and SBI will launch a $18.32 million cryptocurrency investment fund on August 1st

[BTC sees $42 million main transaction, but the real signal is not in the amount] $42M of major funds injected, but buying pressure seems absorbed by strong selling...

[South Korea's Financial Services Commission: Plans to Raise Investment Threshold for Single-Stock Leverage Products, Retail Investors May Be Prohibited from Participation] According to a report by the Seoul Economic Daily, the chairman of South Korea's Financial Services Commission (FSC), Lee Bok-hyun, stated that regulators are studying the possibility of raising the investment threshold for single-stock leverage products. In the future, restrictions on investment qualifications may be implemented, limiting participation to professional investors only. Under South Korea's Financial Consumer Protection Act, professional investors must meet criteria such as asset levels, income, and investment experience. For example, over the past five years, they must have had at least one year where the average monthly balance of financial investment products exceeded 50 million Korean won.

Upbit, a South Korean cryptocurrency exchange, will launch META2 tokens in the Korean won, BTC, and USDT markets.

The total 24-hour trading volume of the Hyperliquid platform SKHX and SKHY contracts reached $1.765 billion, surpassing BTC to become the most active asset on the platform. Among them, the 24-hour trading volume of SKHX was 1.327 billion US dollars, and the open contracts were 492 million US dollars; SKHY's 24-hour trading volume was $439 million, with $71 million in open contracts.

According to Reuters, OpenAI's AI agent exploited a vulnerability in the Hugging Face hacking incident and invaded a client of the second tech company Modal Labs. （Cointelegraph）