Odaily News: Luke Dashjr has used a random method to determine that BLAKE2b will serve as the new PoW algorithm for the BIP-110 chain, replacing the SHA-256d algorithm currently used by Bitcoin. Compared to SHA-256d, BLAKE2b is more suitable for mining with general-purpose CPU/GPU, is more CPU-friendly, and can reduce the advantage of existing Bitcoin ASIC miners.

Previously reported, Luke Dashjr plans to officially implement the BIP-110 hard fork on September 1, making it an independent blockchain and generating a new token distinct from Bitcoin. Luke Dashjr has had his Bitcoin BIP editing permissions revoked by the Bitcoin BIP editor team.

Odaily News, Citrini analyst jukan stated on the X platform that Temasek, one of Asia's largest sovereign wealth funds, is making new investments in Samsung Electronics and SK Hynix, marking Temasek's first foray into the Korean stock market.

It is understood that Temasek believes memory semiconductors represent the lowest-valued segment within the AI value chain. An industry insider noted: "Temasek's investment approach is to allocate substantial capital to market-leading sectors from a long-term perspective. Samsung and SK Hynix have surged more than 880% from their lows last year, but this move indicates Temasek is confident the rally will continue."

Odaily报道 港股南方最多两倍做多 SK 海力士涨 12.31%，报 31.560 港元；南方最多两倍做多三星电子涨 14.50%，报 75.400 港元。

Odaily News: TSMC's board of directors has approved a capital budget of approximately $29.4 billion, which will be used to continue expanding advanced process and advanced packaging capacity. Since the beginning of this year, TSMC's board has approved a cumulative capital budget of approximately $60.7 billion, steadily advancing related capacity construction. (Commercial Times)

Odaily reported that the Korea Exchange has drafted amendments to the "Securities Market Business Regulations Implementation Rules," which will raise the minimum trading unit for single-stock leveraged ETFs from the current 1 share to 20 shares, and for ETNs from 1 security to 20 securities. The exchange is currently seeking market feedback.

It is understood that South Korean financial regulators originally planned to implement this measure in November, but given the rising speculative trading in single-stock leveraged products and the need to cool it down ahead of schedule, the exchange is pushing for implementation as early as next month. In addition to raising the trading unit, regulators will also strengthen investor protection measures. New retail investors must complete at least 5 trading days of simulated trading—1 hour per day, totaling 5 hours—before participating in single-stock leveraged product trading. (EDaily)

Odaily News: In July, the combined spot and derivatives trading volume on centralized exchanges fell to $3.76 trillion, down 23.9% month-over-month, marking the lowest level since November 2023. Among this, CEX spot trading volume dropped to $727 billion, down 31.2% month-over-month; CEX derivatives trading volume fell to $3.03 trillion, down 21.9% month-over-month, with derivatives accounting for 80.6% of total market trading volume, the highest since September 2023. DEX spot market share rose to 19.5%, setting a new all-time high; futures market share increased to 14.9%, the highest since February. Uniswap led DEX spot trading with $53.4 billion, followed by PancakeSwap with $18.5 billion.

Odaily News – predict.fun has announced the launch of a Dota 2 International prediction campaign, allowing users to predict on designated match markets for the group stage, elimination rounds, and playoffs starting August 13. The total prize pool stands at $100,000 and 5 million Predict Points.

The Predict International will be ranked based on Activity Points (AP). To earn AP, users must lock in at least 20 shares before the start of the match. After market settlement, AP earned from correct predictions will be automatically credited and displayed on the "Leaderboard" and "My Points" pages.

Rewards for this campaign will be distributed in two phases: group stage rewards and final rewards. The group stage prize pool from August 13 to 16 is 25,000 USDT and 1 million PP. After the group stage and elimination rounds conclude, group stage rewards will be distributed. Activity points earned during this phase will carry over to the playoffs and will not be reset. The final phase prize pool from August 20 to 23 is 75,000 USDT and 4 million PP.

Odaily News on August 12: According to SoSoValue data, the cryptocurrency market is showing a narrow-range consolidation trend. Bitcoin (BTC) is down 0.30%, while Ethereum (ETH) is up 0.44%, holding near $63,000 and $1,800, respectively. Meanwhile, the CeFi sector performed strongly, rising 1.89%, with Binance Coin (BNB) up 3.12% and Aster (ASTER) up 1.00%.

In other sectors, the Layer1 sector rose 1.22% over the past 24 hours, with Canton Network (CC) up 3.40%; the Meme sector rose 0.76%, with Dogecoin (DOGE) up 3.04%; and the PayFi sector rose 0.15%, with Trust Wallet (TWT) up 5.72%.

Additionally, the DeFi sector fell 0.41%, though Chainlink (LINK) rose 3.99%; the Layer2 sector fell 1.70%, with ImmutableX (IMX) showing relative resilience, up 1.79%.

The crypto sector indices reflecting historical performance show that the ssiCeFi, ssiAI, and ssiMeme indices rose 2.64%, 2.26%, and 1.74%, respectively.

Odaily News: According to Gate data, South Korea's KOSPI index extended its gains, rising nearly 4% to 6,575.75 points. SK Hynix surged 4.42%, while Samsung Electronics climbed over 6%.

Odaily News, Singapore Exchange (SGX) CEO Loh Boon Chye said in a recent interview that SGX is considering expanding its ETF product range and may explore launching single-stock ETFs and leveraged ETF products if market demand exists. Currently, SGX lists 53 ETFs with total assets under management exceeding S$21 billion (approximately US$16.4 billion).

In addition, SGX plans to strengthen collaboration with other markets. It has already partnered with Nasdaq to simplify the qualification and process for companies seeking dual listings in both Singapore and the United States simultaneously, and has also initiated depositary receipt cooperation with the Stock Exchange of Thailand. (Bloomberg)