News linked to both this project and an event.
Odaily reports: The National Technical Committee 360 on Cybersecurity Standardization has released the "Artificial Intelligence Security Governance Framework 3.0." In response to new trends in AI development and new challenges in security governance, under the guidance of the Cyberspace Administration of China, the National Technical Committee 360 on Cybersecurity Standardization organized the China Academy of Cyberspace Studies, the Data and Technology Support Center of the Cyberspace Administration of China, and other professional institutions, research institutes, and industry enterprises to research and draft the "Framework 3.0."The "Framework 3.0" upholds a people-centered philosophy of aiming upward and doing good, adheres to and practices the guiding principles of strengthening risk awareness and ensuring safety and controllability, continues the core logic of "risk classification, technical response, and comprehensive governance," updates the risk classification in step with the times, and optimizes and adjusts technical response and comprehensive governance measures, so as to promote consensus on AI security governance and the capacity to prevent and respond to risks, and to ensure that AI technology benefits humanity. (National Technical Committee 360 on Cybersecurity Standardization)
Odaily News: In an operation targeting the Telegram crypto escrow trading platform Xinbi Guarantee, the U.S. Department of Justice's Scam Center Strike Force restricted the handling of approximately $52 million in fraud-related cryptocurrency in a single day, bringing the cumulative total to approximately $938 million. Previously, the cumulative amount frozen, seized, or recovered had already exceeded $580 million.The U.S. Department of the Treasury stated that since its founding around 2022, Xinbi Guarantee has processed over $24 billion in transactions, involving digital assets and fiat currency, primarily serving Southeast Asian transactions. North Korean hackers and sanctioned entities are alleged to have used the platform, including entities under Jin Bei Group and Prince Group.A U.S. federal court approved the seizure on September 7 of the Telegram channel operated by Xinbi Guarantee. Law enforcement authorities also seized two payment wallets totaling approximately $12 million and applied to freeze another 47 cryptocurrency wallets suspected of being used for money laundering or associated with fraud-related service providers.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Xinbi Guarantee and its two supporting companies, Safew Technology and Anwen Technology, to its sanctions list on September 9. The U.S. Department of Justice also dispatched investigators to Madagascar to assist local law enforcement in cracking down on 13 scam compounds operated by Chinese nationals and to process over 3,200 electronic devices. (Bitcoin.com News)
According to Hyperliquid News, the Hyperliquid Policy Center has filed an amicus brief with the U.S. District Court for the District of Columbia, seeking to dismiss the lawsuit brought by the Chicago Mercantile Exchange (CME) against the Commodity Futures Trading Commission (CFTC). The lawsuit concerns the CFTC's prior approval of regulated cryptocurrency perpetual contracts through Kalshi in the United States. CME had previously challenged that regulatory decision in court, and the Hyperliquid Policy Center now supports the CFTC, arguing that the court should dismiss CME's lawsuit.
Odaily News: Bybit today officially announced the launch of Bybit AI, a conversational embedded intelligent assistant that integrates core functions such as trading and customer service. Users can complete common operations—including intelligent trading, account management, and inquiries—through a unified interface within the Bybit App.It is reported that Ben Zhou, co-founder and CEO of Bybit, will officially unveil Bybit AI and conduct a live demonstration via a Bybit livestream on September 9 at 8:00 AM UTC.Bybit AI allows users to express their needs in natural language. The system automatically identifies intent and executes the corresponding actions on their behalf, serving as an intelligent assistant for everyday trading and account management. This product replaces the previously fragmented user experience: instead of switching between webpages, menus, and forms to locate features, users can simply state their requirements in a natural conversation to complete a full range of actions—from checking asset balances and placing orders to submitting customer service tickets.The initial launch of Bybit AI covers two core modules:- A full-featured AI assistant encompassing spot, futures, and options trading, as well as core product lines such as Bybit Earn, copy trading, trading bots, lending, P2P, Bybit Card, Spot X, and the Rewards Center, alongside support for notifications and subscription management.- An upgraded intelligent customer service system, where Bybit AI works in tandem with human support agents, preserving a human touch while improving issue-resolution efficiency.Once users enable the Bybit AI feature, the system creates a dedicated Bybit AI sub-account, which is asset-isolated from the user's main account to mitigate potential risks associated with AI in live environments. Moreover, users can activate it directly by simply logging in—no API keys or manual configuration required.Bybit AI is a key component of Bybit's strategic vision for a "new financial platform," and marks a critical step forward in the exchange's long-term roadmap to position conversational intelligence as core infrastructure.
OpenAI announced the launch of a multifaceted support program for the news ecosystem, covering tools, training, partnerships, experience sharing, and practical support. The program will initially partner with the Tow-Knight Center at the Newmark School of Journalism, The City University of New York, and Knight Lab at the Medill School of Journalism, Northwestern University, providing over 400 ChatGPT Edu subscriptions to interested graduate students and faculty at both institutions during the 2026–2027 academic year.
According to The Straits Times, Australian AI infrastructure company Firmus announced a multi-year agreement with OpenAI to supply computing power from two data centers in Malaysia, establishing OpenAI as Firmus's anchor customer. Following the signing of the agreement, Firmus's contracted capacity across its global client portfolio has exceeded 900 megawatts. Backed by institutional investors including Nvidia, Jane Street, Blackstone, and Coatue Management, Firmus holds a recent valuation of over $10.5 billion. The company currently operates data centers in Australia and Singapore, with five additional facilities under development across the Asia-Pacific region. It plans to deploy Nvidia's next-generation Vera Rubin processors at scale in the Asia-Pacific.
According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, and others, bringing the company's total funding to $177 million. iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure. Through its programmable optical layer, it enables AI clusters to dynamically adjust network connections in real time according to training and inference workloads. The new capital will be used to scale operations and accelerate commercial deployment.
According to Decrypt, Build American AI, an advocacy group under the super PAC "Leading the Future" backed by Marc Andreessen, Ben Horowitz, and OpenAI President Greg Brockman, has announced it will invest millions of dollars in advertising across Kansas, Ohio, and Wisconsin to strongly support data center construction. However, a recent poll from the Annenberg Public Policy Center shows that 61% of U.S. respondents oppose building new data centers locally, a significant rise from 49% earlier this year. A majority opposed the projects across all major political affiliations, with Democrats at 69%, Republicans at 54%, and Independents at 53%. President Trump commented on the matter, stating that communities resisting data centers would be "backward and poor," and warned that China is eager to see this backlash. Currently, New York has imposed a moratorium on hyperscale data centers, Texas has halted approvals, and multiple cities have followed with bans. According to Data Center Watch, approximately $130 billion in projects faced obstacles or delays in the first quarter of 2026.
According to Chaoxiang Research, Goldman Sachs' August 31, 2026 research report indicates that Texas and Pennsylvania governors signed executive orders in August to tighten data center development regulations. Goldman Sachs utilities analysts note minimal impact on high-quality, large-scale projects, while speculative, undercapitalized ventures will bear the brunt. SMCI's F4Q26 earnings report reveals single-quarter orders exceeding $60 billion, with FY27 revenue guidance set at $65 to $72 billion, reflecting a 75% year-over-year increase, approximately 70% of which is tied to pure AI deployments.
SoftBank-backed SB Energy has filed for an IPO, with a backlog of signed contracts totaling $439 billion and 8.8 GW of data center capacity. OpenAI is its primary customer, having invested $500 million and received approximately $5.5 billion in warrants, while also signing leases expected to contribute to near-term primary leasing revenue. NVIDIA has committed to investing $1.5 billion at the IPO price and provided a guarantee capped at $105 billion for OpenAI’s 4.25 GW lease in Ohio, which will be activated in phases as the facilities are completed.
Odaily News, Avici announced that its card partner Rain discovered today a vulnerability in an old Solana card contract used by Avici and a few other projects. The relevant contract has now been upgraded across all projects, and no further unauthorized activity has been detected. This incident only affected the standalone Solana contract used to hold post-deposit card balances; users' Avici wallets and card balances are isolated from each other, and funds in Solana and EVM self-custody wallets are safe and unaffected. Upon review, a total of 1,685 users were affected, with combined card balances of approximately $500,900. Avici has committed to fully refunding card balances to all affected users and has filed a report with the FBI's Internet Crime Complaint Center (IC3). Previously reported, Avici, a crypto banking project, saw its native token AVICI allegedly suffer a hacker attack, with losses of approximately $1.02 million. The attacker transferred 10,000 SOL stolen from the project to another wallet, converted it into approximately $1.02 million USDC, and then swapped the funds into approximately 418 ETH via cross-chain operations.
Odaily News, Hyperliquid Policy Center stated on the X platform that perpetual contracts should be central to the innovation agenda of the U.S. Commodity Futures Trading Commission (CFTC). The agency has submitted a statement ahead of the first meeting of the CFTC's Technology Advisory Committee on August 20, noting that perpetual contracts are expanding beyond digital asset markets into traditional asset classes such as equities and commodities, and that demand for these products among U.S. market participants is rising. Perpetual contracts can meet the risk management needs of various market participants, particularly suited for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing compute costs—exposures that are ongoing and have no defined expiration date. Compared to futures with fixed expiration dates, perpetual contracts require no rollover and face no expiration or delivery issues, using periodic funding rates to anchor the contract price to the underlying asset. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers have covered over 80 traditional commodity and stock markets, with cumulative notional trading volume exceeding $500 billion. The CFTC has taken multiple steps this year to facilitate the launch of perpetual contract markets in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement on listing perpetual contracts along with guidance on continuous trading; in June, the CFTC sought public comment on expanding perpetual contracts to energy commodities and further consulted on compute derivatives. Additionally, Hyperliquid Policy Center believes that on-chain infrastructure can also modernize U.S. derivatives markets within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, conduct margin assessments programmatically on an ongoing basis, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide research and technical documents to the CFTC's Technology Advisory Committee and committee staff, and work to establish a pathway for U.S. market participants to access on-chain markets in a compliant manner. The agency believes that perpetual contracts represent one of the most notable financial innovations of the past decade and should be further developed in the U.S. market.
According to an announcement by the U.S. Commodity Futures Trading Commission (CFTC), fraudsters are frequently impersonating government agencies, banks, investment firms, utility companies, or technical support personnel to lure victims into transferring funds via cryptocurrency ATMs, gift cards, unknown apps, or courier deliveries, exploiting the irreversible nature of transactions and the difficulty of tracing address ownership to carry out scams. Data from the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) shows that reported losses involving cryptocurrency ATMs in 2025 exceeded $388 million, up 58% from the previous year, with actual losses likely higher due to underreporting. The CFTC states that legitimate government agencies, financial institutions, and businesses will not require users to transfer assets via cryptocurrency ATMs, gift cards, or courier services. If parties urge action on the grounds that "your account or identity faces an urgent risk," demand secrecy, request remote access to devices, or instruct transfers to designated wallet addresses or via QR codes, these should be treated as high-risk red flags. Regulators advise users to halt transactions, independently verify information through official channels, and promptly report suspected fraud to the CFTC or the FBI IC3.
According to Chaoxiang Research, Morgan Stanley's August 25 research report indicated that Semtech's Q2 data center revenue reached $100 million, up 39% quarter-over-quarter and 91% year-over-year, marking a record high. Growth was primarily driven by the sustained strength of the 800G FiberEdge and faster-than-expected qualification of the 1.6T FiberEdge. The 1.6T FiberEdge and CopperEdge are projected to account for over 50% of data center revenue in Q3. The Q3 data center revenue guidance reflects a 45% quarter-over-quarter increase and a 160% year-over-year increase, reaching $145 million. The LoRa business also recorded record revenue of $58 million in Q2, up 31% quarter-over-quarter and 58% year-over-year, with an additional 15% increase expected in Q3. Morgan Stanley raised its price target from $175 to $195 while maintaining a Neutral rating, based on 34.5x non-GAAP EPS of $5.66. Revenue forecasts for FY2027 and FY2028 have been raised to $1.529 billion and $1.895 billion, respectively, with gross margins upgraded to 56.9% and 62.7%, and EPS increased to $3.69 and $5.65. In Q4, ACC (active copper cable) is slated for mass deployment at major hyperscale customers, creating a synergistic effect alongside 800G and 1.6T solutions. The company has announced the divestiture of its module business, which is expected to drive structural improvements in gross margin and operating margin. As disclosed in this research report
NVIDIA reported results for the second quarter of fiscal 2027, with its data center business revenue reaching $89 billion, significantly exceeding the market expectation of $85.077 billion and more than doubling year over year.
According to the comment letter released by the Hyperliquid Policy Center (HPC), it calls on the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a harmonized regulatory framework for perpetual contracts. The HPC asserts that while perpetual contracts lack fixed expiration dates, they exhibit traditional futures characteristics such as standardization, fungibility, the ability to be offset, and price convergence driven by funding rates; accordingly, cash-settled stock perpetual contracts possessing these traits should be allowed to be listed as "security futures." The HPC recommends that both agencies standardize classification criteria across different underlying perpetual contracts, retain exchanges' flexibility in product listing decisions, and modernize the security futures framework. It noted that clear regulatory guidance would help lower market entry barriers, foster exchange competition, and bring perpetual contract trading back to the U.S. market.
the Hyperliquid Policy Center stated on the X platform that the world's largest perpetual contract market has developed in offshore regions because U.S. regulators have not yet answered a fundamental question: are these products futures or swaps? The U.S. Commodity Futures Trading Commission (CFTC) began answering this question in May, allowing the first batch of perpetual contracts to be listed as futures contracts on U.S. exchanges. Now, the Hyperliquid Policy Center has applied to the U.S. Securities and Exchange Commission (SEC) and the CFTC to confirm that equity perpetual contracts can be listed as security futures. This confirmation would provide the necessary regulatory clarity for related products to return to the onshore market.Previously reported, the first Anthropic Pre-IPO market launched on Hyperliquid, with a 24-hour trading volume of nearly $3 million.
Odaily News: The Hyperliquid Policy Center has released a research report titled "Perpetual Futures as Complements to Dated Futures," stating that perpetual futures can expand market risk management tools and improve price discovery efficiency, rather than squeezing out traditional dated futures markets.The report points out that the biggest difference between perpetual contracts and traditional futures is that they have no expiration date, meaning traders are not forced to roll over positions and can gain continuous exposure to asset prices through a single contract, making them better suited for around-the-clock trading. As perpetual futures enter the U.S. market for the first time, there has been concern over whether they would divert liquidity from traditional futures.The Hyperliquid Policy Center analyzed data from Bitcoin and on-chain WTI crude oil perpetual contracts, comparing perpetual contract prices during periods when traditional futures markets were closed against benchmark futures prices after markets reopened. The study covered 205 Bitcoin trading weekends and 19 weekends of on-chain crude oil perpetual contract samples.The research found that perpetual futures complement traditional futures in several ways:- Perpetual contracts can lower hedging costs by avoiding the additional expenses associated with rolling positions after traditional futures expire;- Perpetual contracts attract small-scale trading demand that traditional futures struggle to cover—for example, the median trade size for on-chain crude oil perpetuals is approximately $1,300, roughly 1/100th of traditional WTI futures;- Perpetual markets provide effective price discovery during periods when traditional markets are closed, with weekend prices typically being validated by benchmark market prices upon reopening;- During extreme market conditions, perpetual contracts help investors continuously manage risk—for instance, during the weekend of significant crude oil volatility in March 2026, using on-chain crude oil perpetuals for hedging could significantly reduce potential losses;- Data shows that after the launch of perpetual markets, no statistically significant negative impact was observed on traditional benchmark markets, with WTI futures spreads even narrowing after market reopening.
Odaily News: NVIDIA is in deep talks with Cloverleaf Infrastructure, a data center power infrastructure developer, to invest hundreds of millions of dollars to expand its footprint in the AI infrastructure space.Cloverleaf Infrastructure is primarily responsible for securing stable power supplies and developable land for large-scale data center projects. Its current pipeline of data center power capacity exceeds 10 gigawatts (GW). If the deal goes through, NVIDIA will further lock in future data center capacity, securing the infrastructure necessary to deploy its AI chips.In recent years, as demand for AI computing power has grown rapidly, power availability has become a key constraint on data center expansion. NVIDIA has also been making continued investments in related energy infrastructure companies, including power developer Lancium and SoftBank-backed SB Energy, signaling its evolution from a chip supplier into a participant in the broader AI infrastructure ecosystem.
Binance has launched the Agent OS developer platform, designed to connect AI applications to its trading, market data, wallet, payment, and on-chain features. The platform integrates the Binance API, Binance Wallet Agent Center, the programmable payment tool Binance x402, and Skill Hub, while supporting the Model Context Protocol. Users can authorize agents to access market data, view account information, and execute restricted transactions through compatible tools.