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StandX Founder: Forcing a Token Launch Goes Against Our Values; I Will Personally Contribute to the Airdrop

Odaily News: StandX co-founder and CEO Aaron Gong posted on X, stating: "Regarding this decision for StandX not to conduct a TGE, I want to be candid with everyone. Without external capital backing, our TVL reached a peak of $200 million. The team has achieved commendable results, but we still fell short of our expectation of entering the industry's top three. Based on the project's current fundamentals, we could indeed proceed with a token launch. But if we cannot deliver long-term value and instead profit through token issuance and short-term speculation, we would be leaving the cost to our users and community. That would be irresponsible both externally and internally, and it goes against my values. Most of our past revenue has already been distributed to users through SIP-2 / SIP-3 subsidies. For this airdrop, in addition to the surplus on the project's books, I will also contribute personally to give back as much as possible to the community that has supported us all along. All user funds are safe. We will ensure an orderly wind-down and clearly announce the specific arrangements for fund withdrawals, the airdrop, and the cessation of all services. Thank you to every user and team member. I regret that we could not reach the position we had hoped for. We will do our best to finish things properly."

Morgan Stanley: Foldable iPhone Expected to Contribute $14 Billion, Pro Models Price Increase Over $200

According to Chaoxiang Research, a Morgan Stanley research report dated September 1, 2026 states that Apple will release its first foldable iPhone on September 9. Initial production volume is set at 7 to 8 million units for the second half of 2026, with the first product cycle potentially reaching 20 million units and contributing approximately $14 billion in revenue solely from the December quarter. The foldable model is expected to carry a starting price of $2,399 (512GB), with every 1% increase in foldable shipment share projected to raise the iPhone average selling price by roughly 1.5 percentage points. The Pro series will experience the steepest price increases: the 256GB iPhone 18 Pro will start at $1,299, an increase of $200 (18%) from the previous generation, while the 256GB Pro Max will start at $1,399, up 17%. It marks the first-time adoption of the 2nm A20 Pro chipset. Leveraging TSMC's 2nm process, which delivers a 10% to 15% performance gain at equivalent power consumption, it supports enhanced on-device AI capabilities and justifies the premium pricing.

Ethereum’s New Proposal: Validators May Need to Contribute Up to 10% of Staking Rewards to Fund the Ecosystem

According to CoinDesk, the Ethereum Research Forum has released a new proposal introducing a “Validator Redirection Yield” mechanism, allowing validators to redirect 0% to 10% of their staking rewards toward funding ecosystem infrastructure and public goods. If a majority of validators support a specific redirection percentage, that percentage will become mandatory for all validators. Based on current staking levels, a 5% to 10% redirection would generate approximately 50,000 to 70,000 ETH annually for the ecosystem—roughly $120 million. The proposal aims to address Ethereum’s long-standing “free-rider” problem; however, it has also raised external concerns regarding risks such as coordinated validator manipulation of fund allocation and misaligned interests between staking operators and ETH holders. The proposal remains under discussion and has not yet entered the formal voting process.