The three major stock indexes in the US stock market have mixed ups and downs, with the Nasdaq rising 0.87%

[Federal Reserve Issues Prohibition Order Against Former Banco Popular de Puerto Rico Employee Gadiel Rosario-Alvarado] The Federal Reserve has issued a prohibition order against former Banco Popular de Puerto Rico employee Gadiel Rosario-Alvarado due to the misappropriation of client funds by Gadiel Rosario-Alvarado.

Trade.xyz has launched the State Street SPDR S&P Biotech ETF (XBI) perpetual market, which supports 10 times leverage and offers 24/7 trading. XBI corresponds to one share of the State Street SPDR S&P Biotech ETF, denominated in US dollars. This ETF is listed on NYSE Arca and tracks the S&P Biotechnology Select Industry Index, which covers biotech companies in the US market.

According to The Block, the Hyperliquid ecological token PURR has risen by about 15%. Hyperliquid Strategies announced that the reserve value of HYPE token has reached $1.9 billion, and invested $773.4 million to increase holdings of 16.5 million HYPE tokens, with an average purchase price of $46.77.

Anonymous Q&A game Chomp has raised $3.6 million in funding, led by Jsquare and Blueyard, with VC investors including Accomplice, Big Brain Holdings, No Limit Holdings, Reverie, Caballeros, and others.

Trade.xyz has launched the SHEIN Pre IPO market, which reflects the expected price per share of SHEIN Global Holdings Limited's Class B common stock. SHEIN is expected to be listed on the Hong Kong Stock Exchange on September 1, with stock code 0625. The current IPO price range for Hong Kong stocks is between HKD 47.60 and HKD 49.50. After SHEIN's listing, it is expected that the market will convert the Hong Kong stock price into USD based on the then current USD/HKD exchange rate.