Aave’s total value locked (TVL) remains down 43% since the April 18 KelpDAO hack, and is 67% below its 52-week high. Hackers deposited stolen rsETH into Aave and borrowed real ETH against it, leaving Aave and Compound with an estimated $246 million in combined bad debt. Aave’s TVL fell from $26.4 billion before the attack to $14.9 billion, tightening lending capacity and increasing volatility pressure. The AAVE token fell about 20% the day after the incident and now trades near $89, still below pre-hack levels.

Anthropic’s annualized revenue run rate hit $65 billion at the end of July, a sevenfold increase from a year earlier. The company posted preliminary revenue of $11.5 billion in the second quarter, up 14fold from the same period a year earlier. The pace of growth outstrips rival OpenAI’s $40 billion run rate, positioning Anthropic ahead of a potentially large IPO.

Tether’s audit has renewed questions about what backs its reserves and how much of the balance sheet is made up of non-cash holdings. About 13% of reserves are held in volatile assets such as precious metals and BTC, while the remaining non-cash portion includes secured loans and other investments. Cash and cash equivalents are down by more than 10% compared with the period when the New York Attorney General was scrutinizing the company, and roughly 25% of the balance sheet is in assets that are not cash equivalents, raising concerns about potential solvency risk. The auditor’s accounting treatment for BTC and other crypto assets, as well as the cost of the audit, have also been questioned.

Major U.S. stock indexes closed broadly lower, pressured by a selloff in semiconductor shares. The S&P 500 fell 0.61%, the Dow Jones Industrial Average slipped 0.10%, and the Nasdaq 100 dropped 1.76%. Equity futures also weakened, with E-mini S&P 500 futures down 0.68% and E-mini Nasdaq futures down 1.88%.

Jay Shree Tea promoter Jayashree Mohta bought 1.26 million shares in the open market in a deal worth about ₹111.8 million. The purchase lifted her direct stake from 3.83% to 8.20%. Including indirect holdings, her aggregate stake increased from 25.00% to 29.37%, underscoring the promoter’s confidence in the company’s outlook.

Ashok Leyland posted a record Q1 FY27 volume of 48,763 vehicles, while revenue rose 10.43% year-on-year to Rs. 9,634 crore. Total expenses grew faster, up 11.4%, keeping operating profitability under pressure and pulling the operating margin down from 11.11% to 10.06%. Net profit margin also eased to 6.32% from 6.81%.

US stocks fell as global bond yields climbed, with the S&P 500 down 0.42%, the Nasdaq 100 down 1.17%, and the Dow off 0.21%. WTI crude rose to a three-week high, lifting yields to new peaks including Japan’s 10-year JGB at 2.967%, Germany’s 10-year Bund at 3.262%, and the US 10-year at 4.75%. US July housing starts missed expectations, while building permits came in above forecasts.

South Korean regulators took divergent steps on the crypto market in the same day, approving Ripple’s partnership with Jeonbuk Bank and allowing its integration with the country’s banking system. The approval makes Ripple the first blockchain payments network in Korea to connect with a regional bank. Separately, a Korean media watchdog voted to block access to the prediction-market platform Polymarket.