In the past hour, total liquidations across the network reached $10.05 million, with $1.73 million from long positions, with $8.32 million from short positions. BTC liquidation $4.21 million, ETH liquidation $783,693.63.

Huoxun Finance News, December 12th – Blockworks announced a partnership with the Solana Foundation to launch LightspeedIR, an institutional-grade investor relations platform designed to provide professional investors and token issuers with a unified information infrastructure for crypto assets. The platform focuses on the Solana ecosystem, integrating high-precision on-chain data, institutional research reports, roadmap updates, governance changes, KPI data packages, and token events to address the data fragmentation, lack of trust, and high information barriers faced by institutional investors when allocating crypto assets. LightspeedIR targets liquid token funds, institutional asset managers, family offices, and Solana ecosystem projects, and is expected to launch in the first quarter of 2026.

Huoxun Finance News, December 11th – Elon Musk's artificial intelligence company xAI announced a strategic partnership with the government of El Salvador. Over the next two years, they will deploy the Grok AI model in more than 5,000 public schools nationwide, providing personalized AI learning support to over one million students and thousands of teachers, creating the world's first national AI education system. This plan aims to achieve personalized learning, providing AI tutoring services tailored to curriculum content and students' pace and level. xAI and El Salvador will jointly develop safety standards, datasets, and application frameworks for AI classrooms, driving global educational technology innovation. Elon Musk stated that this collaboration will "put cutting-edge AI directly into the hands of an entire generation of students" and reshape the future of education.

According to Huoxun Finance on December 11, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $494 million, including $371 million in long positions and $123 million in short positions. The total liquidation amount for BTC was $170 million, and for ETH it was $160 million.

Huoxun Finance reported on December 11th that, according to The Block, Binance has added an endpoint called "TradFi-Perpsagreementcontract" to its USDⓈ-M futures API, suggesting it may be preparing to launch stock-related perpetual contracts. Binance's futures page shows that the platform has listed a perpetual contract trading pair of London Gold (XAU) and USDT (XAU/USDTP perpetual), currently priced at 4234.47 USDT. However, as of press time, Binance has not yet released any official announcement regarding this.