With a position of about $22.46 million, an address opened a 25x leveraged ETH short and is sitting on an unrealized loss of $48,000

Odaily reports: According to MSX.COM data, U.S. stocks extended their gains, with the Dow Jones Industrial Average up 0.08%, the S&P 500 up 0.53%, and the Nasdaq Composite up 1%. The Philadelphia Semiconductor Index rose 2.37% intraday, currently at 11,346 points.Among popular stocks, Nvidia rose 0.87%, Apple rose 0.84%, Microsoft rose 0.17%, Alphabet-A rose 1.13%, Amazon rose 1.19%, TSMC rose 2.62%, SpaceX rose 1.84%, Broadcom rose 3.49%, Meta fell 0.42%, Tesla rose 2.85%, SK Hynix rose 2.08%, Micron Technology rose 2.63%, AMD rose 4.08%, ASML rose 2.27%, Intel rose 2.82%, Cisco rose 1.17%, Oracle rose 3.03%, Dell Technologies-C rose 7.73%, and ARM rose 1.08%.

Odaily reports: The U.S. Commodity Futures Trading Commission (CFTC) is working to increase the release frequency of the closely watched Commitments of Traders (COT) report to twice a week by the end of this year.The report is currently published every Friday, detailing buying and selling activity in commodity markets and distinguishing between hedge funds and other asset management institutions and commercial trading participants. Producers rely on this report to help inform hedging decisions, while speculative traders use the data to observe changes in market positioning and whether related bets have become overly concentrated. CFTC Chairman Michael Selig said last week at an agricultural commodity futures conference in Kansas that the plan to increase the report's release frequency stems from demand from the agricultural community.

Odaily reports: Prediction market platform Predict.fun has confirmed that unauthorized fund transfers occurred in the wallets of a small number of users, involving approximately 400,000 USDT, and has promised full compensation for the losses directly suffered by affected users as a result of this incident. A preliminary investigation shows that the API documentation website hosted by a third-party service provider may have been compromised and affected a small number of users within a short period of time. Predict.fun has taken the documentation website offline as a precautionary measure and will publish a full incident review and preventive measures once the investigation is complete.

Odaily reports that Pump.fun has announced that its app now supports purchasing TON ecosystem tokens. Users can complete transactions directly using their USDC balance, without the need to manually bridge cross-chain or switch wallets.

According to MSX.COM data, U.S. memory storage concept sector stocks extended their gains: Western Digital rose over 7%, Seagate Technology rose over 4%, SanDisk rose over 3%, and SK Hynix and Micron Technology rose over 1%. On the news front, Musk expressed strong optimism about memory demand, stating that the memory required for robots will exceed that of any other field.

Odaily reports that on-chain compliance platform Predicate has completed an $8 million Series A funding round, led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital. Predicate primarily provides pre-transaction compliance review and risk control for stablecoins, tokenized assets, and other on-chain financial products, supporting the restriction of high-risk addresses and sanctioned transactions.