Important News from Last Night and This Morning (August 31 - September 1)

Binance Margin to remove 12 trading pairs including TNSR/USDC and SXT/USDC on September 3

Binance announced that it will remove TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC, BREV/USDC and other cross and isolated margin trading pairs at 14:00 (UTC+8) on September 3. Cross margin involves the above 5 trading pairs; isolated margin also includes USDE/USDC, WBETH/ETH, BFUSD/USDT, BNSOL/SOL, SUI/BTC, AVAX/BTC, and LINK/BTC. The platform will suspend borrowing for the above isolated margin trading pairs at 14:00 on September 1, and will automatically close positions, liquidate related positions, cancel pending orders, and delist the trading pairs at 14:00 on September 3; the removal process is expected to last about 3 hours. Binance advises users to close positions or transfer assets to spot wallets before the deadline, and reminds users that it is not responsible for potential losses.

ChatGPT and others included in EU's "Very Large Online Platforms" and will face stricter content regulation

The European Commission has designated OpenAI's ChatGPT as a "Very Large Online Search Engine" and listed Reddit and Roblox as "Very Large Online Platforms," citing that their monthly active users in the EU have exceeded 45 million. The above platforms are required under the Digital Services Act (DSA) to strengthen handling of illegal and harmful content, submit transparency reports and risk mitigation plans, and pay annual fees to the EU, with violations potentially subject to fines of up to 6% of global annual revenue. The DSA also requires platforms to strengthen minor protection and advertising transparency, and EU regulators have launched more than ten investigations into multiple online platforms under the act.

Trading platform Catapult Trade has cumulatively completed approximately $6.6 million in financing across multiple rounds, TGE expected to launch this autumn

Catapult Trade, a gamified memecoin launch platform and synthetic leverage trading platform based on Solana, announced that it has raised a total of approximately $6.6 million through four rounds of financing including Seed, Private, KOL, and Early Public. Investors include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, as well as the founder of LIS Skins, the founder of Trady, and multiple institutional and angel investors. The project team said the complete investor list and details of each round will be disclosed two weeks before the token TGE, which is expected to launch this autumn, with more updates to be announced in September.

Justin Sun responds to recent controversy: says he will continue to invest in crypto and AI endeavors

TRON founder Justin Sun posted on X in response to recent external doubts about himself and his team, stating that he does not intend to respond to specific accusations one by one, but emphasized that he has "absolute confidence" in the crypto and artificial intelligence-related endeavors he is engaged in. He said this confidence comes from irreversible technological breakthroughs already achieved in mathematics, cryptography, and artificial intelligence, which will not change due to individual or institutional will. Justin Sun said that over the past decade and more, the industry has been considered "over" many times, but technology has continued to advance after changes in policy and public opinion, and said that approximately 8 billion people worldwide will eventually directly or indirectly use services based on the above technologies. His team's mission is to make related services reliable and complete enough to be chosen by users in the future.

Analyst Willy Woo: Bitcoin holding rate may become key threshold for "separation of money and state"

On-chain analyst Willy Woo posted that approximately 4% of the global population currently holds S&P 500 assets, 4.5% holds gold, and 5% holds Bitcoin (BTC), and proposed that Bitcoin's future penetration rate will determine its role attributes. He said that at a holding population share of around 5%, BTC is still mainly viewed as a financial asset; if this proportion rises to around 50%, it may mean the emergence of a "separation of money and state" landscape.

Strategy increased holdings by 4,603 BTC last week at a cost of $369.7 million

Strategy purchased 4,603 BTC between August 24 and 30 at a cost of $369.7 million, with an average price of $80,318. During the same period, it repurchased 1.577 million STRC shares at a cost of $151.8 million and added approximately $29 million in cash. As of August 30, the company held 845,050 BTC with a total cost of $63.73 billion and approximately $6.71 billion in dollar assets. SEC filings show that BTC purchase funds came from proceeds of MSTR stock ATM issuance.

Adobe invests over $4 billion in Saudi Arabia AI market

Adobe announced a partnership with Saudi Arabia's Ministry of Communications and Information Technology and Humain, a Saudi government-backed AI company, committing to invest more than $4 billion in value and provide more than 27 million eligible Saudi citizens and residents with 12 months of free access to AI tools. Under the plan, users will receive free Adobe Firefly Standard subscriptions and some Adobe Express Premium features, including an image generation model jointly developed by Adobe and Humain optimized for Saudi culture.

BitMine increased holdings by 53,501 ETH last week, has bought ETH for 65 consecutive weeks

BitMine increased its holdings by 53,501 ETH last week and has bought ETH every week for 65 consecutive weeks. As of August 30, its total Ethereum holdings reached 5,901,112 ETH, accounting for approximately 4.9% of total ETH supply. The company disclosed that the total value of its cryptocurrency, cash, and other investment assets is approximately $15.6 billion, including $541 million in cash and marketable securities, 211 BTC, approximately $180 million in Beast Industries equity, and an investment of approximately $81 million in Eightco Holdings (ORBS). The amount of staked ETH currently stands at 5,067,309, accounting for approximately 86% of total holdings. Based on current annualized yield, annualized staking income is approximately $335 million.

Nvidia plans to invest $3.5 billion in MediaTek convertible bonds to deepen chip cooperation

Nvidia will invest $3.5 billion in Taiwanese chipmaker MediaTek, subscribing to bonds convertible into MediaTek stock to deepen cooperation between the two parties in the chip field.

Memory chip maker Longsys plans Hong Kong listing to raise up to approximately HK$7.14 billion

Chinese memory chip maker Longsys published its H-share prospectus on the Hong Kong Stock Exchange, planning to offer approximately 26.08 million H shares globally, including approximately 2.6 million shares in the Hong Kong public offering and approximately 23.5 million shares in the international offering, with a maximum offer price of HK$240.6 per share. The total fundraising size of this issuance will not exceed approximately HK$6.28 billion. If the additional issuance and over-allotment options are exercised, the fundraising size could reach up to approximately HK$7.14 billion (about $1.06 billion), corresponding to a maximum company market value of approximately RMB 167.72 billion (about $24.9 billion). Longsys plans to use the proceeds mainly for chip design and advanced storage technology research and development, and expects its H shares to be listed on the main board of the Hong Kong Stock Exchange on September 8.

Bank of England governor warns frontier AI may trigger global financial systemic risks

Bank of England Governor and Financial Stability Board (FSB) Chair Andrew Bailey warned in a letter to G20 finance ministers and central bank governors that "frontier AI models" are increasingly capable of high autonomy and sophisticated offensive and defensive capabilities, which could significantly alter the speed, scale, and cost of cyberattacks and increase reliance on highly concentrated third-party technology service providers, thereby undermining market confidence and threatening global financial stability. Bailey said most jurisdictions still lack regulatory and contingency protocols for the development, release, and deployment of frontier AI, and called on financial institutions and technology suppliers to strengthen vulnerability management, response, and recovery capabilities, and to prepare for more severe scenarios such as multiple institutions or shared technologies being compromised at the same time. In addition to AI, he also mentioned risks including sovereign debt market fragility, leveraged trading, vulnerabilities in private credit, and elevated valuations of AI-related assets.

An institution is suspected of planning to sell 154,300 ETH, worth about $378 million

An institution appears to be selling about 154,300 ETH (about $378 million). Over the past day or so, it has transferred 52,739 ETH (about $129 million) to six CEXs including Binance and OKX, while its wallet still holds 101,561 ETH (about $249 million). These ETH were withdrawn from Coinbase at about $1,700 in 2021-2022, used for staking in 2023, redeemed in January 2025, and recently consolidated before being transferred to CEXs.

U.S. Treasury Secretary Bessent: Warsh and I agree on bonds

U.S. Treasury Secretary Bessent: Fed Chair Warsh and I agree on bonds. Since U.S. President Trump took office, the 10-year Treasury yield has been basically flat. I did not say I was trying to change the direction of bonds. (Regarding the U.S. bond market) I do not think the equilibrium price can be changed. I do not intend to speculate on what the Fed may do. Fitch has reaffirmed the U.S. credit rating. Core inflation remains very moderate. Traditionally, interest rates are not raised when there is a supply shock.

U.S. Treasury Secretary Bessent: (Regarding the bond market) I have not bought any bonds yet

U.S. Treasury Secretary Bessent: (Regarding the bond market) I have not bought any bonds yet. I am working with budget director Vought on a fiscal consolidation plan. Perhaps the U.S. has become a top bond market because of buyback news. Hedge fund managers like to "speed up the process." Bessent also said he believes in Japan and that the Bank of Japan will take measures to push the yen higher. He believes the yen market has now priced in expectations.

NYSE parent ICE takes stake in tZERO to advance securities tokenization infrastructure

NYSE parent Intercontinental Exchange (ICE) announced a partnership with blockchain infrastructure company tZERO to build the underlying infrastructure for its planned NYSE-linked securities tokenization market. The two sides will jointly build an on-chain transfer agent and broker-dealer settlement system for securities tokens, and tZERO is expected to become the platform's digital transfer agent and participant, responsible for recording and compliance management of changes in tokenized stock holders. ICE is also participating in tZERO's new round of financing and licensing 103 of its blockchain patents. The two sides will also explore using tokenized assets as trading collateral in businesses such as ICE clearinghouses. In March this year, ICE had already designated Securitize as the digital transfer agent for the same platform.

WeChat Pay AI-exclusive card now supports integration with DeepSeek Harness and OpenClaw

WeChat Pay announced that its AI-exclusive card now supports use in DeepSeek Harness and OpenClaw. After user authorization, the process from intelligent recommendation to order payment can be completed within conversations. The AI-exclusive card can currently be used in the above two products to pay for more than 700 Pay Skills on Skillhub, with more scenarios to be expanded later. The activation process includes: installing the weixinpay plugin for DeepSeek Harness or OpenClaw via the npx command, having the Agent generate a binding link when using paid skills on Skillhub and completing WeChat Pay AI-exclusive card binding, and then for each order the user confirms again on the mobile end and payment is deducted from the exclusive card balance. The official statement emphasizes that the exclusive card is isolated from main account funds, limits are independently controllable, and every payment requires user confirmation.

U.S. SEC plans to repeal current rules on shareholder proxy proposals for listed companies, submitted to White House for review

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is planning to repeal the current rules on shareholder proxy proposals for listed companies. The relevant proposal has reportedly been submitted to the White House Office of Management and Budget (OMB) for review, marking the latest step in formally advancing regulatory adjustments. This action is part of SEC Chairman Paul Atkins' push to adjust the relationship between listed company shareholders and management. Current rules allow eligible shareholders to submit proxy proposals to listed companies and seek to include relevant motions in shareholder meeting votes. If the rules are ultimately repealed, the ways in which listed company shareholders participate in corporate governance, propose motions, and influence management decisions may change significantly, and it may also change the competitive dynamics between activist investors and listed companies. The plan is still in the regulatory review stage, and the final rules and specific implementation methods have not yet been determined.

Pump transferred about $13.74 million in SOL fee revenue to Kraken

About 20 minutes ago, Solana ecosystem project Pump transferred 132,937 SOL (about $13.74 million) as fee revenue from its address to the centralized exchange Kraken.

Tesla's intraday gain expanded to more than 5%, now at $366.59

Bybit data shows that Tesla (TSLA.O) expanded its intraday gain to 5.12%, now at $366.59.

U.S. "Department of War" launches Grok for Government on GenAI.mil

The department has launched Starshield AI's Grok for Government on its generative AI platform GenAI.mil. This version has been approved for use in Impact Level 5 (IL5) controlled unclassified information (CUI) environments and will provide military personnel with deep reasoning, adaptive reasoning modes, customized workspaces, persistent projects, and reusable "playbooks," applied to scenarios such as procurement market research and supply chain management. In the nine months since GenAI.mil went live, it has attracted more than 1.7 million unique users, more than half of the Department of Defense's over 3 million total workforce. The Department of Defense said the introduction of Grok is intended to expand the selection of cutting-edge AI tools, avoid vendor lock-in, and promote the development of the U.S. AI ecosystem.

U.S. debt spiraling out of control accelerates capital outflows, options bet on Bitcoin reaching $100,000 in 2026

The United States' top primary deficit has triggered capital flows into safe-haven assets. Although rising yields are usually negative for non-yielding assets, debt concerns have supported Bitcoin's 23% gain this month. In the Bitcoin options market, the notional open interest of call options in the $80,000 to $100,000 strike price range is worth billions of dollars. This distribution indicates that capital is intensively betting on BTC breaking through $100,000 in the last four months of 2026. This is the clearest market pricing of the future price path after the shift in the macro narrative.

C1 Fund expands portfolio to 11 crypto companies, adds Polymarket and repurchases about $824,000 in stock

Crypto asset investment fund C1 Fund announced its Q2 2026 performance, disclosing that as of the second quarter of this year, its portfolio has expanded to 11 crypto companies, covering areas such as crypto payments, custody, compliance, staking, exchanges, development infrastructure, and prediction markets. Its two largest investment exposures are Ripple (17.5% of net assets) and Kraken parent company Payward (16.9%), and it also newly invested in the prediction market platform Polymarket, but did not disclose the specific investment amount. C1 Fund also said that as of July 31, it had repurchased and canceled 249,300 company shares at a total cost of about $824,000, and is currently authorized to repurchase up to $3 million in stock.

Analysis: Meme coin frenzy has caused a clear shift in Robinhood Chain's actual use cases

DeFiLlama data shows that Robinhood's blockchain Robinhood Chain had its busiest day since launch on August 30, with single-day transaction volume reaching a record 5.52 million transactions. On-chain application revenue over 24 hours was about $2.66 million, second only to Solana's $5.07 million and exceeding Ethereum and other major public chains. Among this, decentralized exchange (DEX) trading volume on Robinhood Chain was about $875 million, with Uniswap accounting for the largest share, as its two versions contributed about $432 million and $357 million respectively. Meme coin trading is becoming the core driver of the surge in Robinhood Chain activity. Data shows that the token issuance platform Pons created about 22,600 tokens in a single day, an increase of more than 40% from the previous day; the three applications GMGN, Pons, and Uniswap together contributed about 88% of on-chain application revenue. It is worth noting that when Robinhood Chain launched on July 1, its main focus was the tokenization of real-world assets such as stocks. But two months after launch, the network's main activity has clearly shifted toward Meme coin issuance and trading, and tokenized stocks have not become the main trading scenario. Robinhood itself will also benefit from on-chain activity. As the network operator, Robinhood will earn revenue from transaction fees paid by users, though the company has not yet disclosed the specific amount, saying only that it can receive fees of a few basis points per transaction. From "stock tokenization" to a "Meme coin frenzy," Robinhood Chain's actual usage scenarios are undergoing a clear shift.

The "September stock market curse" is approaching, and the market is being pushed to a critical tipping point

In August, U.S. stocks barely maintained their upward momentum amid volatility, but analysts warn that as the S&P 500 stalls at high levels, the rebound in Treasury yields and the valuation divergence in Nvidia have pushed the market to a critical tipping point. However, investors should not be fooled by this apparent "calm." Historical experience shows that September is often the worst month for U.S. stocks, and in 2026, an election year with strong prior stock market performance, seasonal factors may change. Veteran market commentator Michael Santoli said that what truly deserves vigilance is that multiple key market indicators are in a "stretched" state, and once thresholds are breached, the market's characterization will change dramatically. At present, the market-implied probability of a rate hike in September has risen above 50%. Under such "coin-flip" policy expectations, the Fed's communication transparency appears to be declining, while the economy is showing the strange characteristic of running at two speeds. For a generation of investors accustomed to low interest rates, yields approaching 5% feel extremely aggressive, which has also left most debt issued in recent years in an "underwater" loss state.

Analysis: The Fed and the Treasury are "each playing their own game," and gold may face a bull-bear watershed

Gold extended its decline on the last trading day of August. The previous trading day, international spot gold plunged more than 3%, the largest single-day drop since June 10; during Monday's session, it briefly fell below $4,400 per ounce before narrowing its losses. On the surface, this correction stemmed from hawkish signals released by Federal Reserve Chairman Kevin Warsh, but the deeper change lies in this: the "dollar depreciation" expectation that had previously driven gold higher is now being countered by higher interest rates and higher Treasury yields. The real bull-bear watershed for gold is not whether Warsh is "hawkish," but whether U.S. economic data can support this round of rate hike expectations, and who ultimately gains the upper hand in the policy tug-of-war between the Fed and the Treasury. Rajeev De Mello, global macro portfolio manager at GAMA Asset Management, expects gold may pull back to $4,200 to $4,300 per ounce in the short term, but as a long-term holder, he still chooses to continue holding gold.

JPMorgan's nonfarm payrolls scenario analysis: too strong will drag down U.S. stocks, too weak will trigger stagflation concerns

JPMorgan's market intelligence team believes that after this Friday's U.S. nonfarm payrolls data is released, the S&P 500 is more likely to weaken. The JPMorgan team led by Andrew Tyler expects that a "good news is bad news" market environment may emerge after the jobs data is released, and believes that new jobs in the range of 30,000 to 70,000 is the right amount for the market. Analysts expect 55,000 new jobs. "Stronger nonfarm payroll data could push bond yields higher and drag down stocks. The logic is that more employment will bring more consumption, and this overall strength will in turn boost corporate confidence in further hiring," the team said in its report. "However, if the data comes in significantly below expectations, for example, another decline in employment, it could reignite market concerns about stagflation."

Telegram launches Gram Wallet to some users, will gradually open to 1 billion users in coming weeks

Telegram founder and CEO Pavel Durov announced that Telegram has launched Gram Wallet to some users and plans to gradually open it to Telegram's more than 1 billion users in the coming weeks. Pavel Durov said that the smart contracts behind Gram Wallet have been approved by validators, paving the way for further promotion of the wallet. It is reported that Gram Wallet is based on the Telegram ecosystem and the TON network, and is expected to further lower the threshold for users to enter the crypto asset space and promote the deep integration of crypto wallets and social applications.

Hyperliquid in talks with Kraken parent company about entering the U.S. market

Hyperliquid Labs is in advanced talks with Payward, the parent company of Kraken, to offer perpetual contract trading in the Hyperliquid ecosystem to U.S. traders through the latter's exchange Bitnomial. People familiar with the matter revealed that if regulatory approval is ultimately obtained, U.S. users will be able to trade some perpetual contracts linked to token prices on the Hyperliquid blockchain through Bitnomial. This potential cooperation comes as Hyperliquid accelerates its expansion into the U.S. market. Just weeks ago, U.S. President Trump said his administration is working to promote Hyperliquid's entry into the U.S. market. Neither side has commented on the relevant plans so far, and the final transaction still requires approval from regulators.

1789 Capital plans to invest about $300 million more in Polymarket, valuation may rise to $21 billion

1789 Capital, where Donald Trump Jr. serves as a partner, plans to invest about $300 million more in the prediction market platform Polymarket. The investment is part of a roughly $1 billion funding round led by 1789 Capital, and if completed, Polymarket's valuation would reach about $21 billion. If completed, Polymarket's valuation would reach about $21 billion. 1789 Capital has previously invested a cumulative total of about $200 million in Polymarket, and after this round is completed, it will become one of its largest investors. Polymarket's current largest investor is Intercontinental Exchange (ICE), which previously disclosed holding Polymarket shares worth $1.6 billion, accounting for about 22% of the company's outstanding shares.

Solana transaction fees hit record high, validator inflation reduction speed doubles

On Thursday (August 27), the seven-day average fee on the Solana network, denominated in SOL, reached nearly 9,200 SOL, a record high and up more than 80% from three months ago. The seven-day average of non-vote transactions reached 191 million, a record high, compared with only 88 million in the same period last year. Jito validator fees averaged 2,073 SOL per day over the past week, up 26% month-over-month, directly reflecting increased on-chain activity. At the same time, the SGP-0002 "dual deflation proposal" passed with 67.001% support and a 60.7% turnout rate, setting a record for participation in Solana on-chain governance. The proposal doubles the annual inflation reduction rate from 15% to 30%, and is expected to reduce issuance by about 18.9 million SOL over the next six years. This means staking yields will fall from the current roughly 5.25% to 2.25% in the third year, and small and medium-sized validators that rely on inflation income rather than transaction fees may become unprofitable within the next three years.

Robinhood Chain DEX single-day trading volume hits record high of $989 million, TVL exceeds $700 million

Robinhood Chain set a single-day DEX trading volume record of $989 million last Friday, with total value locked (TVL) reaching $708 million, up nearly 100% month-over-month; on-chain stablecoin supply was about $770 million, up 47% month-over-month. Over the past month, the types of popular projects on the chain have shifted significantly. In July, Robinhood Chain was dominated by meme coins, but in August, the heat has shifted to utility and infrastructure tokens. Among them, the Launchpad platform PONS saw its market cap soar from $20 million to over $200 million. Another launch platform, LONG, focuses on meme coins paired with tokenized stocks, among which the AI token (Artificial Inu, paired with tokenized NVDA) saw its market cap surge from $1.5 million on August 1 to a peak of $135 million on August 30.

Ontology: Mainnet block production paused due to security risks, user assets unaffected

Ontology posted on the X platform that the team discovered potential security risks during routine security checks and has paused mainnet block production to conduct a comprehensive security review. Ontology emphasized that no security incident has been confirmed so far, user assets are unaffected, and ONT, ONG, and other on-chain assets are unaffected based on current assessment. This pause is a preventive security measure, not a response to confirmed asset losses or an ongoing attack. The recovery time has not yet been determined, and the team will prioritize ensuring the thoroughness of the review.

Lazarus Group recently moved over $30 million in funds through Hyperliquid

Addresses associated with the DPRK hacking group Lazarus Group, sanctioned by OFAC, have recently continued to actively transfer more than $30 million in funds through Hyperliquid (HyperUnit). After the funds arrived at Hyperliquid/HyperUnit via Bitcoin, they were swapped from Bitcoin into ETH and SOL, then bridged to Tron, Solana, and Ethereum, and ultimately deposited into KuCoin, Lbank, Kraken, and multiple unlabeled Tron-chain services. One fund cluster (with inflows of about $30 million) can be traced back to addresses already labeled as Lazarus, while another cluster (with about $5 million in HL trading volume) has source addresses highly similar to labeled Lazarus wallets in terms of dormant patterns, address types, and counterparty behavior. ZachXBT had previously identified these addresses as Lazarus Group in 2024, linking them to $61 million in stolen funds.

Bitfinex: Fed hawkish signals caused Bitcoin pullback, but spot buying supports market structure

Bitfinex published an analysis stating that despite a tightening macro environment, Bitcoin remains steady above $77,100. Last week, after Federal Reserve Chair Warsh's hawkish speech in Jackson Hole, BTC pulled back from above $81,000, but the August rally was driven mainly by spot buying rather than excessive leverage: open interest rose gradually, the basis remained relatively restrained, and last week U.S. spot Bitcoin ETFs saw net inflows of nearly $1 billion, while Ethereum investment products recorded net inflows of $815.7 million for 10 consecutive days. On the macro front, U.S. PCE inflation was 3.7%, core inflation 3.3%, Q2 private demand grew at an annualized 4.2%, and the deficit reached $1.8 trillion in the first 10 months of the fiscal year. Warsh confirmed that the 2% inflation target is a hard constraint, and the market raised the probability of a September rate hike to 57%. Bitfinex believes ETF and stablecoin liquidity continue to support prices, but rate hike expectations limit upside, and if crypto inflows remain resilient it will prove that underlying demand is still solid.

Suspected Bitmine wallet received and accumulated 20,000 ETH from FalconX, worth about $49.42 million

A wallet possibly belonging to Bitmine received and accumulated 20,000 ETH (about $49.42 million) from FalconX.

Pump fun sold another 133,000 SOL about 9 hours ago, worth about $13.75 million

Pump fun sold another 132,935 SOL ($13.75 million) about 9 hours ago. To date, Pump.fun has cumulatively sold 5,110,924 SOL ($834.3 million) at an average price of $163.2.

Bitmine bought $126 million in ETH from FalconX and BitGo 2 hours ago

Tom Lee's Bitmine bought another 51,000 ETH ($126 million) from FalconX and BitGo 2 hours ago.

U.S. SEC intensifies scrutiny of SPVs investing in private companies, requiring proof of asset authenticity

The U.S. Securities and Exchange Commission (SEC) has stepped up scrutiny of companies behind so-called special purpose vehicles (SPVs). According to people familiar with the matter, SEC examiners have been asking registered investment advisers to provide evidence that their SPVs actually own or hold the shares of private companies they claim to hold. Some of the people said that such funds stepped up marketing efforts ahead of SpaceX's high-profile initial public offering and Anthropic's planned listing, while investor complaints also increased, prompting regulators to decide to strengthen scrutiny. According to one of the people, current SEC examinations typically include document requests, and some also include on-site interviews. The review process can last from several weeks to a year.

Anthropic signs $35 billion cloud services agreement with Nvidia-backed Lambda

People familiar with the transaction said Anthropic has reached a cloud computing agreement worth $35 billion with Lambda, a cloud service provider invested in by Nvidia, and the data center lease rights belong to Nvidia. The data center is being built by Hut 8, a Bitcoin miner and data center developer, in Nueces County, Texas. The people said Nvidia signed a contract with Hut 8 a few weeks ago to lock in that computing power. This complex cooperation model again reflects Nvidia's increasingly important role in helping non-investment-grade credit companies such as Anthropic obtain expensive computing resources. The agreement also helps emerging cloud provider Lambda win a large order from Anthropic without having to purchase its own data center site. Lambda will use the data center under construction by Hut 8 to deploy chips purchased from Nvidia, which is also an investor in Lambda. It is unclear how much Lambda needs to pay Nvidia to use the data center site.

Injective reportedly suspended for about 4 hours due to binary options vulnerability, with about $4.9 million stolen

X platform user Paddy-earthling disclosed that Injective was suspended for about 4 hours today due to a binary options vulnerability, and the attacker exploited a deactivated but still registered oracle (Frontrunner) to steal about $4.9 million. The oracle's data source had long been emptied, and the attacker created 299 markets pointing to that oracle. Because prices could not be obtained, a "no-price refund" mechanism was triggered, and the attacker exploited a flaw in that mechanism to obtain roughly 2x payouts, then swapped USDC into about 1,980 ETH (about $4.9 million), currently held in an Ethereum wallet that has never sent any transactions. Paddy-earthling pointed out that after the attack, Injective's official X account posted marketing content as usual without mentioning that the chain had been paused. InInjective has made its core chain code private, but the attacker discovered the vulnerability through the public SDK, a move that instead excluded white hats and auditors. The funding gap has been filled at the protocol layer, but the repair process involved no governance vote and no public explanation, and cannot be verified. The attacker has currently gathered all funds into one wallet and has not moved them, apparently weighing a white-hat settlement proposal. The author disclosed that he holds a long INJ position.

An address staked 488,600 HYPE, with unrealized gains of $23.73 million after holding for 5 months

After news broke that Hyperliquid is planning to enter the U.S. market, an address transferred 488,600 HYPE ($40.91 million), accumulated through FalconX 5 months ago, into Hyperliquid and staked it. These HYPE were priced at about $35 five months ago and currently have unrealized gains of $23.73 million (+138%).

a16z growth fund expanded to $8.5 billion, after raising a new $1.1 billion AI hardware fund days earlier

Andreessen Horowitz (a16z) has expanded its fifth growth fund from $6.75 billion at its January launch to $8.5 billion, adding $1.75 billion. A few days earlier, a16z had just announced it raised $1.1 billion for a newly established "Machine Age Fund" focused on AI hardware startups, including chips, memory, networking, and storage. The growth fund has operated for seven years and invested in more than 100 companies, currently focusing on enterprise and consumer AI technologies, defense technology, robotics, infrastructure software and hardware, and health technology. In January this year, a16z also announced a $15 billion new fund, when its assets under management reached $90 billion.

Strategy opposes MSCI proposal, says digital asset treasury companies are being targeted for the second time

Strategy has sent a letter to index provider MSCI, opposing its proposal to remove "non-operating companies" from global investable market indexes, calling it "misguided" and discriminatory. Strategy pointed out that MSCI proposed a similar measure in 2025 (intending to exclude companies whose digital asset holdings account for more than 50% of total assets) and withdrew it, and that this proposal is old wine in a new bottle, achieving the same result. Strategy emphasized that it is an operating company, reports its Bitcoin business as an operating segment, treats gains and losses as operating expenses, has 1,500 employees worldwide, and actively uses Bitcoin to create shareholder value. Strategy warned that although the proposal would not have a material impact on the company's business, it would seriously damage MSCI's reputation as a reliable and neutral index provider. Earlier news said MSCI planned to exclude "non-operating companies" from global investable market indexes, and Strategy responded that Bitcoin does not need MSCI.

Zhao Changpeng: Hong Kong cannot just "hold on to" HKEX; putting assets on-chain can unlock liquidity in small and medium-sized markets

Binance founder Zhao Changpeng said in an interview that Hong Kong is "very progressive in its thinking" and can be called the top "sandbox" for China's digital currency experiments. It is very suitable for financial innovation and the Web3 industry, but if it wants to maintain its leading position in Asian finance, it cannot rely only on traditional thinking to "hold on to HKEX" and must try financial innovation. He is especially bullish on the potential of RWA tokenization, believing that putting assets on-chain can break time-zone and cross-border restrictions and unlock the liquidity of assets in small and medium-sized markets. Zhao Changpeng believes that Hong Kong still needs more regulatory freedom. "Right now there is either no regulation, or regulation is too strict." Speaking about the industry outlook, Zhao Changpeng said the crypto industry has already survived the harshest "winter," industry fundamentals are healthy, and after eight years of development, decentralized exchanges have become more mature in both technology and user awareness. If global regulatory policies continue to loosen, the industry will see an even bigger explosion. On AI, Zhao Changpeng said bluntly that Hong Kong is not an internet hub, and AI is not its strength. He predicted that AI agents will use cryptocurrencies extensively for automated transactions in the future, likely starting with stablecoins and gradually connecting to assets such as Bitcoin.

Zhao Changpeng shares "four no's" wealth management principles: no stocks, no property speculation, no short-term crypto trading, and no holding too much cash

Binance founder Zhao Changpeng reviewed his journey from rural Jiangsu to a fortune of hundreds of billions in an exclusive interview and shared his "four no's" wealth management principles: no stocks, no property speculation, no short-term crypto trading, and no holding too much cash. He explained that real estate transactions take too long and the returns are not worth it, and he has never traded stocks or done short-term crypto trading. He only holds for the long term and sells part of his crypto assets when needed. "Holding fiat currency is the dumbest investment; cash keeps depreciating." In 2013, Zhao Changpeng sold his house and went all in on Bitcoin, and the price once fell by two-thirds and traded sideways for a year and a half. In 2017, he founded Binance, which became the world's largest crypto exchange within five months. In 2023, he was sentenced to four months in prison for violating the U.S. Bank Secrecy Act, and last year he received a pardon from Trump. His current net worth is about $114.6 billion. He admitted that success is luck, but the key is continuously making the right decisions and correcting mistakes quickly.

Fomo acquires Mobula's data indexing software and team for $17 million

On-chain social trading app Fomo acquired Mobula's data indexing software and team for $17 million. Fomo CEO Paul Erlanger said traders need timely price, trading, and wallet data to decide whom to follow and what to buy.

OpenClaw releases its largest update ever, OpenClaw 2.0, including a simplified installation process

OpenClaw announced that the open-source AI agent framework OpenClaw 2.0 has officially launched. This is the largest update in the project's history, with 933 contributors and more than 16,000 pull requests. The update covers all modules including installation, messaging, memory, skills, models, automation, browser and native apps, plugins, and security. The development team simplified the installation process and rebuilt the browser app as the main interaction interface, allowing users to get started faster. The new version introduces shared cloud session functionality, supporting multi-person collaboration and task handoffs. OpenClaw 2.0 remains open source and does not depend on any single company or AI provider.

An address bought BONER for $377.7 and now has an unrealized profit of $695,000, a return of 1,858x

Address 0xa56...d7b5a bought 11.73 million BONER for $377.7 (at a unit price of $0.00003173) on August 21, when the market cap was only $31,000. The current unrealized profit exceeds $695,000, a return of more than 1,858x.