Flash News

Auto-synced blockchain, market and macro-finance updates

Auto
Today · 2026-08-20 · Thu

Walsh's first major choice: whether to reverse last year's Fed interest rate reduction

On 13 July, Nick Timiraos of the Federal Reserve said that, last month, during his first in-service meeting as the Chairman of the Federal Reserve, Walsh had unanimously decided to maintain interest rates. Consensus was easy to reach at that time, as there was little willingness to act within the Committee. But in the coming weeks, maintaining that consensus will become more difficult. Some of his colleagues, whose concerns about inflation had increased, might facilitate discussion of the interest rate hike when the Fed met from 28 to 29 July. As we testify in Congress this week, Walsh will have the opportunity to lead this consensus. At that time, he would have the latest inflation data for June — the last important data to be released before the meeting. Kim Xian

View Details

Pakistan's encryption law ruling triggered a dispute over the regulatory framework for digital assets

On 13 July, it was reported by The Block that Bilal bin Saqib, Chairman of the Virtual Assets Control Authority of Pakistan, had met with Mufti Taqi Usmani, an Islamic scholar, and had stated that stabilization currency, monetization of RWA and other block chain products should be subject to separate technical and sharia assessments and should not be considered the same category. Prior to this, scholars such as Usmani issued a Shariah ruling finding that USDT and other encrypted currencies did not belong to the assets recognized by the sharia, and that transactions for the purchase of real goods or digital services were invalid. Previously, in March of this year, Pakistan passed the Virtual Assets Act, which requires exchanges, trustees and issuers of coins to ensure compliance with sharia law under the guidance of the Islamic Committee of Financial Scholars. At the same time, the country is moving forward with the legalization of its sovereign and national assets and the authorization of a platform for encrypted transactions。

View Details

THE CENTRAL BANK OF KOREA EXPECTS AN AI-DRIVEN "SUPER-CYCLE" TO CONTINUE, REFUTING CONCERNS

ON 13 JULY, THE CENTRAL BANK OF KOREA RELEASED A REPORT ON MONDAY THAT THE GLOBAL SEMICONDUCTOR MARKET IS STILL OUT OF DEMAND AND THAT THE CURRENT “SUPERCYCLE” DRIVEN BY ARTIFICIAL INTELLIGENCE (AI) IS EXPECTED TO LAST FOR SOME TIME; BY DOING SO, THE BANK REFUTES INVESTORS’ FEARS THAT THE CHIP CYCLE HAS PEAKED. IN ITS REPORT, THE CENTRAL BANK OF KOREA STATES THAT “DESPITE A SIGNIFICANT SURGE IN SEMICONDUCTOR DEMAND DRIVEN BY INVESTMENTS IN ARTIFICIAL INTELLIGENCE INFRASTRUCTURE, THE PACE OF SUPPLY EXPANSION HAS BEEN RELATIVELY SLOW”. THE LINE ADDED THAT THE SEMICONDUCTOR CYCLE HAD NOT SHOWN SIGNS OF A SLOWDOWN. KIM XIAN

View Details

Federal Reserve Chairman Kevin Walsh faced a decision-making challenge and a decision to reverse last year's interest rate reduction was still pending

According to early release In, the first meeting under the chairmanship of Federal Reserve Chairman Kevin Walsh decided to keep interest rates unchanged, but prior to the 28-29 July meeting, some colleagues raised their concerns about inflation and pushed for a higher interest rate. Walsh will lead the Committee to a consensus this week in his testimony to Congress and will have inflation data for June。

View Details

SKHY FELL $160 SHORT, AND THE TOP TENS OF MILLIONS OF DOLLARS IN THE CHAIN FELL BY ABOUT $1.433 MILLION

Today, SKHY fell short of $160 and the account starting with the largest multi-head address in the chain, 0xd52, held three times the amount of SKHY on Hyperliquid, with a nominal size of approximately $27,986,000. As at the time of the submission, the excess had a shortfall of approximately $1.433 million (with a return of approximately -14.6 per cent), with an average value of $169,9468 and a liquidation value of $97.85。

View Details

The SK Hynix stock price dropped 10% after NASDAQ

The SK Hynix stock price declined by more than 10 per cent in Seoul on Monday, after the chip manufacturer performed strongly in the NASDAQ premiere on Friday, with the stock price rising by 13 per cent. Investors, while at the same time benefiting from the benefits, expressed concern about whether the demand for artificial intelligence memory chips could support the rise in stock prices. The analyst noted that the ADR premier had been effective in creating new benchmarks for investors to assess the company ' s valuation. According to Daniel Yoo, the global strategist of Yuanta Securities, the market is confused about the future of memory demand and the reasonable price, suggesting that this reversal may be temporary and that structural AI demand will still exceed supply. The Chief Research Officer of Rayliant Global Advisors, Phillip Wool, has also diluted the recent weakness of AI hardware in Asia, calling it a portfolio rebalancing rather than a deterioration of industry prospects。

View Details

Korea Investment Securitys reduced the SK Hercules profit forecast to maintain the target price constant

According to In 2021, in the early days of A, Korea Investment Securities reduced SK Hercules ' business profit projections by 9 and 11 per cent in 2026 and 2027, respectively, and maintained the target price of 3.8 million won. The Agency expects SK Hercules to receive approximately 80.9 trillion won in the second quarter, with an operating profit of about 60.4 trillion won。

View Details

Codex removes the 5-hour limit and Fable 5 subscriptions are extended for another 7 days

On 13 July, according to Quantum Bits, Claude extrapolated that it had extended the subscription period for Claude Fable 5 for another seven days until 19 July. In addition, OpenAI contends that it has temporarily removed Codex ' s five-hour use limit for an unknown period. Previously, Claude had postponed several times the switch from Claude Fable 5 to the volume payment model due to continued capacity constraints. Some of the users then tan high-value credit statements and cancelled subscriptions and made it clear that, if this continued, it would transfer to OpenAI ' s GPT-5.6 Sol or xAI ' s Grok 4.5。

View Details

Hashkey: Company chains face fragmentation problems and cross-border settlements are expected to be reduced to minutes Level

Rachel Qiu, Business Outreach Manager and Chief Operator of the on-chain Enterprise of the Hashkey Group, stated in Reuters Next Asia that the business chain still faced fragmentation issues in asset issuance, legal compliance, hosting, identity certification, trade and ecological synergy. Hashkey on-chain is developing an institutional-oriented chain of financial infrastructure, under which Hashkey Issuance Platform splits the monetization process into seven standard steps. She indicated that when trade documents, such as electronic bills of lading, were chained, cross-border settlements were expected to be reduced from days or weeks to minutes。

View Details

The Secretary-General of the United Nations urged the resumption of negotiations between the United States and Iraq

The Secretary-General of the United Nations, Mr. Guterres, expressed his deep concern at the serious escalation of the situation in the Gulf region and the resumption of military confrontation and urged Iran and the United States to urgently resume negotiations to resolve outstanding issues through diplomatic means. The Secretary-General calls upon the parties to exercise maximum restraint, to refrain from actions that would further escalate the situation and to take immediate measures to de-escalate the situation. He stressed that a return to full hostilities would have disastrous consequences for the people of the region, international peace and security and the global economy, and reiterated the need to restore complete freedom of navigation in the Strait of Hormuz。

View Details

Grok Build was exposed to uploading the entire code library, the key and Git history could be stolen

The security researcher captured Grok Build CLI 0.2.93 and found that the programming agent would upload the current Git warehouse as a whole to the cloud, including all Git tracking documents and complete submission history. The researchers asked Grok to “do not read any documents” but to return unopened bait files from the upload package. At the time of testing a 12GB warehouse, 5.5GB data had been uploaded successfully before the suspension. If Grok reads the.env file, the API key and the database password will also enter the model request and session archive as it is. After closing the "improve the Model" the whole upload will continue. The XAI official document indicates only that the hints and the contents of the document will be sent to cloud-based reasoning, and does not indicate that an additional complete repository will be uploaded。

View Details