News linked to this event type.
Odaily News: Humain, an artificial intelligence company backed by Saudi Arabia's sovereign wealth fund PIF, has released its AI model "humain-m3," built on China's MiniMax M3. Humain stated that humain-m3 is designed to strengthen the Arabic AI ecosystem and drive cutting-edge AI development. The release also reflects that a growing number of countries are seeking greater control over key AI technologies through independent AI platforms and open-source models.Previously reported, Humain also announced plans to raise an initial $2.5 billion to establish a fund focused on investing in data centers. Sources familiar with the matter revealed that the fund will provide financing support for the 250-megawatt data center capacity being developed in partnership with Al Moammar Information Systems, with the potential for the overall scale to expand to 1 gigawatt in the future. (Bloomberg)
BitFuFu (NASDAQ: FUFU), a Bitcoin mining company backed by Bitmain, reported its August operating results, showing a monthly output of 174 BTC, including 88 BTC from self-operated mining and 86 BTC from cloud mining. As of the end of August, the company held 1,373 BTC. BitFuFu's total managed hashrate increased from 14.2 EH/s in July to 20.6 EH/s, a month-over-month increase of 45.1%; managed power capacity grew from 255 MW to 344 MW, while the average energy efficiency of mining machines improved to 16.7 J/TH.
Odaily News: Bybit Alpha and Byreal have now listed $USELESS for trading.$USELESS is a Meme token on the Solana ecosystem, centered around satirizing the crypto industry's overemphasis on "utility." Its current on-chain price is approximately $0.16, with a market cap exceeding $161 million.
AI computing company Nscale has announced a multi-year strategic partnership with Figure, expanding the scale to over $6 billion. The deal represents the potential to deploy up to 100,000 NVIDIA Vera Rubin platform GPUs.
According to Cointelegraph, Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize have officially signed a memorandum of understanding (MoU), establishing a cooperation framework to support the implementation of regulated tokenization projects, attract institutional participation, and strengthen Dubai’s digital asset ecosystem. Carlos Domingo, co-founder and CEO of Securitize, stated that Dubai has become one of the most forward-thinking jurisdictions globally for digital asset innovation, and their collaboration aims to advance tokenization from a "concept into mainstream financial infrastructure." VARA noted that the MoU currently focuses on establishing a cooperative framework, with no specific projects announced at this time.
According to Reuters, Apple faces a class-action lawsuit totaling £2 billion (approximately $2.7 billion) ahead of its new product launch. Plaintiffs representing app developers allege that Apple is abusing its dominant market position by imposing stricter restrictions on third-party developers through the App Tracking Transparency (ATT) rules, thereby creating a competitive advantage for its own advertising business. Apple launched the ATT functionality in 2021, allowing users to decide whether to authorize apps to track their activity across other companies' apps and websites. The plaintiffs argue that Apple imposes stricter requirements on third-party applications compared to its own services, leading to significant losses for businesses reliant on the Apple platform.
According to Bloomberg, AI company Humain is planning to raise its first $2.5 billion in funding to establish a fund dedicated to data center investments. Sources familiar with the matter said the fund will finance 250 megawatts of data center capacity being developed in partnership with Al Moammar Information Systems, with the total scale potentially expanding to 1 gigawatt in the future. Backed by Saudi Arabia’s Public Investment Fund (PIF), Humain is advancing local AI compute and data center infrastructure to meet growing demand for AI processing.
According to an official announcement, Binance Derivatives will list the GPROUSDT perpetual contract on September 3, 2026, at 13:45 UTC. The underlying asset is GoPro Inc. Class A common stock (NASDAQ: GPRO), offering up to 20x leverage, with funding rates settled every eight hours, support for multi-asset mode, and 24/7 trading hours.
Odaily News: According to the official announcement, Binance will list the GPROUSDT-margined perpetual contract at 13:45 (UTC) on September 3, 2026, supporting up to 20x leverage and a multi-asset mode. The contract is based on Class A common stock of GoPro Inc. (Nasdaq: GPRO), with USDT as the settlement asset, a minimum trading quantity of 0.01 GPRO, a minimum notional value of 5 USDT, and a funding rate cap of +2.00%/-2.00%, settled every eight hours.
According to TechCrunch, cybersecurity giant Palo Alto Networks announced the acquisition of AI Agent startup Console for $500 million in cash and stock. Founded in 2024, Console utilizes AI Agents to automate tasks such as password resets, application access provisioning, and daily IT troubleshooting, serving clients including Ramp, Flock Safety, and Scale AI. Palo Alto Networks plans to integrate Console into its AI-driven security platform, Cortex, enabling security teams to investigate and handle security alerts through natural language to achieve more automated enterprise security operations. This marks Palo Alto Networks' seventh acquisition completed this year. Previously, the company acquired Chronosphere at a $3.35 billion valuation and cybersecurity startup Koi for $400 million.
Odaily News, HyperliquidNews announced on X that TTWO is now live on Hyperliquid, supporting 10x leverage, with @tradeparagon serving as deployer.
Odaily News, Sui posted on the X platform that real-world assets have holding rules. On Sui, these rules are built into the assets. HIGH, launched by @Emberprotocol, is a tokenized US high-yield credit asset that can serve as collateral on @suilendprotocol, @navi_protocol, and @AlphaFiSUI, and can be traded spot on @bluefinapp.
据 CoinDesk 报道，数字银行 SoFi 与加密交易所 Kraken 宣布达成合作。Kraken 母公司 Payward 将加入 SoFi 的24/7 美元结算网络（SEN），支持机构客户全天候转移美元、管理流动性；Kraken 同步上线 SoFi 发行的银行稳定币 SoFiUSD，SoFi 则引入 Kraken Prime 作为其平台加密交易的额外流动性来源。双方表示，未来合作或将延伸至支付、国库、借贷等数字资产服务领域。
Odaily News Student loan real-world asset (RWA) protocol Pencil Finance has completed its first fully on-chain student loan cycle, deploying $1 million in capital to provide financing for approximately 6,600 students across Southeast Asia. After borrowers repay their funds, capital providers receive both principal and returns.The financing portfolio was funded in July 2025 by Animoca Brands, Open Campus, and New Campus, and is structured into senior tranches with fixed returns, as well as junior tranches that carry floating yields and bear first-loss risk. The loans cover 118 schools and universities across Southeast Asia, with approximately 1,050 students receiving direct funding. Among borrowers, women account for 50%, and 93% come from low-income families. (Cointelegraph)
According to Odaily, the latest data from Bitget shows that the platform's stock token rToken has surpassed $200 million in Assets Under Management (AUM). In terms of trading activity, cumulative rToken trades reached 1.2 million in August, with the number of active traders growing 20% month-over-month and weekend trading volume share rising 8% compared to the previous month.As reported, rTokens—identified by the letter "r" followed by the stock ticker (e.g., rNVDA for Nvidia)—are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant brokerage Alpaca, rTokens connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized corporate actions such as stock splits and reverse splits, and the ability to use holdings as joint margin for Unified Account and USDT-margined contracts—allowing users to hold global equity assets while still managing capital flexibly.
Odaily News, September 3 — WEEX Exchange announced that the WEEX Hackathon Season 2, themed "AI Wars II: The Algorithm Era," is now officially live. Global AI developers, quantitative traders, Web3 builders, teams, and individuals are invited to join Team AI or Team Human to compete in five rounds of live market trading battles, vying for rankings and rewards based on PnL% performance. The total prize pool stands at 600,000 USDT, with multi-tiered incentives designed to accommodate different participation methods.The early registration phase runs from September 3 to 6, during which the first 2,000 registrants can share in the 100,000 USDT Early Bird prize pool. Additionally, users who register early can complete event tasks ahead of time to accumulate activity points for the upcoming competition.
Odaily News - According to the official announcement, Gate Contracts has launched a new Robinhood section and listed perpetual contract live trading (USDT settlement) for AINVDA, MOO, MICRODUCK, BONER, SPACEHOOD, PROLOGUE, INDEX, and DELTA, all supporting long and short positions with 1-10x leverage. Gate has also simultaneously enabled trading bots and copy trading features for INVDA, MOO, MICRODUCK, BONER, SPACEHOOD, PROLOGUE, INDEX, and DELTA.In addition, Gate is hosting the Robinhood Meme Carnival from 14:00 on September 3 to 14:00 on September 12 (UTC+8). During the event, new contract users who complete their first trade on eligible trading pairs with a trading volume of 1,000 USDT will receive 3 USDT; all users participating in the trading volume leaderboard can share 40,000 USDT, and users at VIP 5 and above can also participate in exclusive rewards, with a maximum prize of 8,000 USDT per individual.
According to the official announcement, HTX has launched perpetual contracts for HK0625/USDT, DDOG/USDT, MDB/USDT, TEAM/USDT, ZS/USDT, GTLB/USDT, SPCH/USDT, and MELI/USDT on September 3, supporting 1x to 20x long and short positions.
Odaily News: Binance Customer Support responded on the X platform to an article about "AKE (AKEDO) contract anomaly squeeze causing $5 million in losses," stating that during the period of September 3, 2026, at 05:44 (UTC+8), the AKE token experienced significant price volatility across the entire market. The related fluctuations were reflected across multiple mainstream trading platforms and on-chain markets, with overall trends being largely consistent. This constitutes market volatility rather than an anomaly on any single platform. Binance has not yet listed AKE for spot trading, and the AKEUSDT contract price and liquidation mechanism are not based on Binance's spot market but are calculated with reference to the network-wide spot market prices.The significant fluctuation in AKE spot prices this time primarily occurred on other trading platforms and on-chain markets, which subsequently transmitted to the contract market. Binance contracts use the mark price as an important basis for liquidation judgments. The mark price comprehensively references price data from multiple markets and employs corresponding mechanisms to mitigate the impact of abnormal and extreme prices on liquidation. Upon verification, Binance's related systems operated normally, and no anomalies were found in the price mechanism. This situation was not caused by platform price anomalies or system failures, but rather represents the normal risk of leveraged positions under extreme market conditions.
Odaily News: HyperliquidNews posted on platform X that in future network upgrades, HIP-3 will support deployer configurations for permissioned markets. For example, U.S. investors could access specific markets, or access needs could be met for institutional investors operating under strict regulatory rules.