According to Lookonchain monitoring, CXMT short whale 0xf292 has paid over $2.04 million in funding fees. As CXMT continues to rise, the short position of CXMT short whale 0xf292 has a floating loss of $4.3 million, with a liquidation price of $15.8.

According to Kaiko monitoring, cryptocurrency trading volume fell to about $15 billion last week, hitting a new low for the year and a 70% decrease from the peak in January. （Cointelegraph）

According to The Block, the New York State Supreme Court has rejected the preliminary injunction motion against Kalshi, and the case has been transferred to federal court. New York State sues Kalshi, accusing him of operating an illegal gambling business in the state.

Citrini analyst Jukan stated that Nvidia is discussing adjusting the HBM configuration of the Rubin Ultra GPU, with plans to shift the main version from HBM4E 12Hi 384GB to HBM4 8Hi 192GB and subsequently release the HBM4E 8Hi version. If Nvidia's CoWoS production capacity allocation reaches 1.2 million pieces in 2027, the expected accelerator production is about 9.9 million pieces, of which Rubin Ultra production is about 1.6 million pieces. After adopting a lower specification HBM solution, Nvidia's HBM demand is expected to decrease from 24.1 billion Gb to 21.6 billion Gb in 2027, a decrease of about 10%, and the overall HBM demand will decrease by about 4%. Nvidia has increased accelerator production in the limited supply of HBM by adjusting the HBM configuration.

[Blockchain Rewards Platform Bundle Completes $5.5 Million Pre-Seed Funding Round] According to Konsulteer, blockchain rewards platform Bundle has completed a $5.5 million Pre-Seed funding round, co-led by Ethereal Ventures and Further Ventures, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital.