BTC $64,852.59 +1.40%
ETH $1,924.75 +0.99%
BNB $591.53 +3.61%
XRP $1.08 +0.97%
SOL $74.68 +1.43%
TRX $0.3287 +0.90%
DOGE $0.0706 +0.82%
ADA $0.1698 +4.28%
BCH $216.29 +3.70%
LINK $8.48 +2.16%
HYPE $55.62 +3.81%
AAVE $99.21 +3.03%
SUI $0.6951 +1.34%
XLM $0.1723 +0.24%
ZEC $471.70 +1.03%
BTC $64,852.59 +1.40%
ETH $1,924.75 +0.99%
BNB $591.53 +3.61%
XRP $1.08 +0.97%
SOL $74.68 +1.43%
TRX $0.3287 +0.90%
DOGE $0.0706 +0.82%
ADA $0.1698 +4.28%
BCH $216.29 +3.70%
LINK $8.48 +2.16%
HYPE $55.62 +3.81%
AAVE $99.21 +3.03%
SUI $0.6951 +1.34%
XLM $0.1723 +0.24%
ZEC $471.70 +1.03%

ban

BAN is the token symbol for Banano, which is a lightweight cryptocurrency based on DAG (Directed Acyclic Graph) technology, designed to provide a fast, fee-free transaction experience. Banano addresses the scalability and transaction fee issues of traditional blockchains through its unique block structure and consensus mechanism. As an experimental and community-driven cryptocurrency, Banano also has applications in education and entertainment, often used for introductory learning about cryptocurrencies and community activities.
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Polymarket will upgrade the settlement rules for the cryptocurrency rise and fall market: abandoning the single price snapshot and switching to a time-weighted average price

According to official news, the prediction market Polymarket announced a significant adjustment to its settlement mechanism for cryptocurrency price fluctuation markets starting from August 7, to protect market integrity. From midnight UTC on that day, the affected markets will no longer settle based on a single price snapshot at a specific time but will instead use a time-weighted average price.Markets of different durations correspond to different TWAP windows: all cryptocurrency 5-minute markets will use a 30-second TWAP, 15-minute markets will use a 60-second TWAP, and 4-hour markets will also use a 60-second TWAP. The previous single snapshot settlement method was prone to price manipulation during periods of low liquidity, and this change is a proactive reinforcement of the market integrity system by Polymarket after facing regulatory scrutiny.To support this transition, Polymarket will inject $1 million in liquidity rewards into all affected markets throughout August. On the technical side, Chainlink TWAP testnet data streams are now available, and mainnet data streams along with Polymarket real-time data stream services will go live on August 4, at which point developers can access TWAP prices directly through Chainlink Data Streams or Polymarket's public WebSocket.

hot_img The Korea Exchange examines the technical feasibility of temporarily banning short selling and reducing price limits

According to the Korea Herald, the Korea Exchange conducted an internal review on July 29 regarding the technical feasibility and system requirements for a temporary ban on short selling and narrowing the price limit (currently at 30%) to address the recent severe fluctuations in the stock market. Sources familiar with the matter stated that "only technical feasibility was confirmed," and it was not a prerequisite for implementation, but rather a screening process during the review of available emergency measures.Recently, the South Korean stock market has continued to plummet, causing increasing damage to individual investors. During a meeting of the National Assembly's Administrative Committee, several lawmakers urged authorities to consider a temporary ban on short selling and to restart the Securities Market Stabilization Fund. A national petition to suspend short selling garnered over 10,000 signatures within two days of being made public. However, the ban on short selling conflicts with South Korea's goal of being included in the MSCI developed market index; a previous 17-month short selling ban from November 2023 to March 2025 had led to MSCI downgrading South Korea's market accessibility rating. The exchange's officials stated that they have not received any related requests from the government and have not formally discussed a short selling ban.
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