Meanwhile is a life insurer with premiums and claims in cryptocurrency, creating core financial products denominated in Bitcoin (BTC). Meanwhile’s artificial intelligence (AI)-powered systems allow users to easily apply for their BTC life insurance policies, a tax-advantaged way to make a portion of policyholders’ Bitcoin active.
Odaily News: Citrini analyst Jukan shared a research report from Tianfeng Securities and stated that the US government needs to maintain its leading position in AI, so once it enters the AI race, it is very difficult to truly stop. Jukan believes that recent calls by Anthropic and OpenAI to slow down AI development cannot be viewed merely as safety initiatives; behind them may simultaneously lie multiple considerations, including the inability to slow the competition and the desire to entrench leading advantages through safety regulation.Jukan further pointed out that the relevant "AI slowdown" calls ostensibly stem from safety testing, operational monitoring, and third-party verification being unable to keep pace with model iteration speed, which in the short term may suppress market sentiment in the AI sector and lower market expectations for next-generation models. Another possibility is that the industry remains bullish on AI in the long term but wants to postpone the next round of large-scale R&D investment, prioritize commercializing existing products, and reduce pressure on infrastructure and capital expenditure. He believes the AI race is essentially akin to a "prisoner's dilemma" — all parties want to slow down, but none dares to be the first to stop, lest they lose their technological, customer, and financing advantages.Jukan also noted that Anthropic and OpenAI's recent emphasis on recursive self-improvement (RSI) is related to AI having already begun assisting in the development of next-generation AI, accelerating model iteration speed. Meanwhile, in OpenAI's internal testing, incidents reportedly occurred in which Agents collaborated to escape the sandbox and intrude into Hugging Face production servers. Jukan believes that as model releases require bearing expensive evaluation, certification, and continuous auditing costs, large labs are better positioned to absorb these fixed costs, while smaller teams may face higher barriers to entry as a result. If leading labs further participate in setting evaluation standards, industry barriers may continue to rise.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
Odaily News: In the previous first round of financing, DeepSeek released only about 10% of its shares, raising over 50 billion yuan at a valuation of $50 billion. At that time, Liang Wenfeng demanded verification of the identities of all LPs participating in the financing. In the second round of financing launched in July, according to foreign media reports, the company plans to raise 50 billion yuan at a target valuation of 500 billion yuan. Meanwhile, the Financial Times reported that Liang Wenfeng has begun personally reviewing some final investors, hoping to maintain control over the company and reduce potential governance risks before the IPO.Although the IPO is still some time away, combined with DeepSeek's second-round financing valuation, current market expectations have already surged toward 1 trillion or even 2 trillion yuan.By then, a shift in the wealth rankings may unfold: on the Forbes China Rich List, Zhang Yiming will continue to hold the title of China's richest person in 2026 with a net worth of $69.3 billion. If DeepSeek truly breaks through 1 trillion yuan, given Liang Wenfeng's relatively high shareholding ratio in DeepSeek, he could potentially become China's new richest person. (PEdaily)
According to CoinDesk, the IMF confirmed that all new Bitcoin accumulated by El Salvador since its first review in June 2025 came exclusively from private donations, without utilizing any public funds. El Salvador's official Bitcoin holdings have now reached 7,764.37 BTC. The balance had previously surged by more than 1,000 BTC in November alone, and has since been increasing at a pace of one BTC per day. The IMF did not disclose the identities of the donors or the specific donation amounts. Meanwhile, both parties reached a staff-level agreement on the second and third joint reviews of the $1.4 billion financing program. El Salvador is expected to receive approximately $140 million, pending IMF Executive Board approval for it to take effect.
Gate has officially launched its US stock options trading service, initially covering 9 popular US stock targets, including Nvidia, Tesla, Apple, Meta, AMD, Micron, Amazon, and others, spanning hot sectors such as AI technology, semiconductors, electric vehicles, and cloud computing. Users can participate in US stock options trading by updating the Gate App to v8.35.0 or above.In terms of product experience, Gate's US stock options require no separate US stock account or margin account to be opened by users, and settle in USDT without involving physical stock delivery, making the trading and settlement process more direct. Meanwhile, the product initially supports intraday trading of US stocks and charges 0 platform fees and 0 options commissions, further lowering the barrier to participating in US stock options trading. Relevant third-party regulatory and clearing fees will be charged separately in accordance with applicable rules.This launch further completes Gate's global stock product ecosystem. Currently, Gate covers four core markets—US stocks, Hong Kong stocks, Korean stocks, and Japanese stocks—supporting over 12,800 stocks and ETFs, and offering services such as fractional share trading, stock dividends, and cross-broker transfers. With the addition of US stock options, users can not only participate directly in the stock and ETF markets but also gain more market participation choices around the future movements of popular US stock targets through strategies such as calls and puts.
According to EU-Startups, Berlin AI-native energy platform Cloover announced the completion of a new funding round of €86.2 million (approximately $100 million), securing a €350 million guarantee from the European Investment Fund (EIF), bringing its cumulative financing total to over €1.12 billion (approximately $1.3 billion). Meanwhile, the company announced that it has officially achieved profitability three years after its founding, with annualized revenue surpassing €301.7 million (approximately $350 million). Cloover focuses on residential solar, heat pumps, and home electrification. By partnering with independent installers, it provides them with financing, software, and energy products. It currently covers five major European markets, completing approximately 20,000 installation projects annually, making it one of the top three residential energy players in Europe's largest energy markets. The company plans to further expand into the UK, France, and Poland. Additionally, Cloover officially launched its AI-native "neo-utility" model, which transforms each household into a virtual power plant through home energy management systems. By aggregating distributed solar, energy storage, heat pumps, and EV chargers, it enables real-time trading of power flexibility.
Odaily reports: According to the latest Bitfinex Alpha report, rising energy costs, higher real yields, and weakening consumer confidence have made the macroeconomic environment more complex. Whether BTC can break out of its current range still depends on the Federal Reserve's policy guidance and the subsequent trajectory of real yields and energy prices.Bitcoin has recently remained within a range of approximately 5.5% for more than 24 consecutive trading days, with the cost basis of roughly 840,000 BTC located within this range. As profit-taking has slowed notably, the seller risk ratio has dropped to 7 basis points, one of the lowest levels over the past year, though insufficient buying pressure continues to limit a breakout. Meanwhile, leverage is accumulating at both the upper and lower boundaries of the range, with approximately $1.95 billion in short liquidation risk concentrated near $82,000, while larger long positions exist in the $75,000 to $76,000 range, potentially amplifying price volatility following the Federal Reserve's interest rate decision.
Odaily News: Citrini analyst Jukan shared a research report from Tianfeng Securities and stated that the US government needs to maintain its leading position in AI, so once it enters the AI race, it is very difficult to truly stop. Jukan believes that recent calls by Anthropic and OpenAI to slow down AI development cannot be viewed merely as safety initiatives; behind them may simultaneously lie multiple considerations, including the inability to slow the competition and the desire to entrench leading advantages through safety regulation.Jukan further pointed out that the relevant "AI slowdown" calls ostensibly stem from safety testing, operational monitoring, and third-party verification being unable to keep pace with model iteration speed, which in the short term may suppress market sentiment in the AI sector and lower market expectations for next-generation models. Another possibility is that the industry remains bullish on AI in the long term but wants to postpone the next round of large-scale R&D investment, prioritize commercializing existing products, and reduce pressure on infrastructure and capital expenditure. He believes the AI race is essentially akin to a "prisoner's dilemma" — all parties want to slow down, but none dares to be the first to stop, lest they lose their technological, customer, and financing advantages.Jukan also noted that Anthropic and OpenAI's recent emphasis on recursive self-improvement (RSI) is related to AI having already begun assisting in the development of next-generation AI, accelerating model iteration speed. Meanwhile, in OpenAI's internal testing, incidents reportedly occurred in which Agents collaborated to escape the sandbox and intrude into Hugging Face production servers. Jukan believes that as model releases require bearing expensive evaluation, certification, and continuous auditing costs, large labs are better positioned to absorb these fixed costs, while smaller teams may face higher barriers to entry as a result. If leading labs further participate in setting evaluation standards, industry barriers may continue to rise.
ESMA stated that the market for tokenized equities has grown from $350 million to $2.2 billion over the past 18 months; however, multiple tokenized versions of the same share could result in liquidity fragmentation. Meanwhile, certain products backed 1:1 by underlying shares still depend on off-chain ownership registries and traditional settlement channels, and have not yet fully realized on-chain atomic settlement.
According to Bits.media, Vlada Gracheva, an advisor to the Russian Federal Financial Monitoring Service, stated that customers opening accounts with digital custodians in Russia will be required to provide a tax identification number to ensure transparency in cryptocurrency transactions and prevent money laundering. Previously, providing a tax identification number was not mandatory when opening bank accounts. Additionally, the agency has been granted authority to monitor all cryptocurrency transactions; for any transaction exceeding 60,000 rubles, relevant institutions must report complete information about both parties, including names and actual addresses, to the regulator. Meanwhile, the Bank of Russia is researching a mechanism to link tax identification numbers with bank accounts, and the related "anti-fraud" platform is expected to officially launch in 2027.
According to CoinDesk, the U.S. Department of Commerce is allocating up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—through the CHIPS Act, totaling up to $300 million. The funding will support the expansion of hardware, manufacturing, and error-correction systems, alongside the simultaneous acquisition of minority stakes in all three firms. Meanwhile, Bitcoin and Ethereum developers are accelerating post-quantum cryptography upgrade initiatives. The Ethereum Foundation has set December 2029 as the deadline for foundational-layer quantum-resistant upgrades encompassing the execution, consensus, and data layers. While Bitcoin has no unified timeline, two proposals—BIP-360 (post-quantum output types) and BIP-361 (phasing out ECDSA and Schnorr signatures)—are advancing rapidly, with researchers likewise identifying 2029 as the critical window to complete a trusted migration path.
Odaily News: Liquid Network announced that the emergency release Elements v23.3.4 is now live, with Functionary nodes having immediately begun upgrades. All Liquid node operators are advised to update accordingly. This release addresses a previously identified Proof validation cache vulnerability by strengthening the cache keys used for Range Proofs.Regarding network recovery, Blockstream stated that a recovery plan is still being formulated, expected to proceed in three phases: **resume block production while continuing to pause Peg operations; replay verified valid transactions; restore Peg operations after the network state is fully recovered and fund returns are confirmed.** Currently, the first two phases are being tested in parallel, and any phase will only advance once confirmed secure.Liquid Network stated that Elements v23.3.4 has undergone multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams. Meanwhile, Liquid Network reminds users to be wary of fake upgrade websites exploiting this incident for scams. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or seed phrases.
CryptoQuant certified analyst Axel Adler Jr. noted in a post that over the past 24 hours, Bitcoin's price rose slightly by 0.4%, but selling pressure in the derivatives market has significantly intensified. The Bitcoin Derivatives Pressure Index dropped from -25.36 to -60.80, remaining below zero since September 6, indicating that sellers still dominate. Meanwhile, Coinbase continues to trade at a discount relative to Binance, with the latest Coinbase Premium Index at -0.0455% and its 48-hour average at -0.0323%, showing further weakening over the past 24 hours.
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin is about to enter a phase of 365 days without setting a new all-time high (ATH). In previous cycles, Bitcoin typically set new highs shortly after halving, but this pattern appears to be changing. Meanwhile, the time interval from each cycle's peak to the next all-time high is also shortening: 1,180 days from 2014 to 2017, 1,094 days from 2017 to 2020, and 849 days from 2021 to 2024. Darkfost believes that if this trend continues, Bitcoin may reach a new all-time high more quickly this cycle. The next Bitcoin halving is expected to occur around April 2028.
Odaily News: Citrini analyst Jukan shared a research report from Tianfeng Securities and stated that the US government needs to maintain its leading position in AI, so once it enters the AI race, it is very difficult to truly stop. Jukan believes that recent calls by Anthropic and OpenAI to slow down AI development cannot be viewed merely as safety initiatives; behind them may simultaneously lie multiple considerations, including the inability to slow the competition and the desire to entrench leading advantages through safety regulation.Jukan further pointed out that the relevant "AI slowdown" calls ostensibly stem from safety testing, operational monitoring, and third-party verification being unable to keep pace with model iteration speed, which in the short term may suppress market sentiment in the AI sector and lower market expectations for next-generation models. Another possibility is that the industry remains bullish on AI in the long term but wants to postpone the next round of large-scale R&D investment, prioritize commercializing existing products, and reduce pressure on infrastructure and capital expenditure. He believes the AI race is essentially akin to a "prisoner's dilemma" — all parties want to slow down, but none dares to be the first to stop, lest they lose their technological, customer, and financing advantages.Jukan also noted that Anthropic and OpenAI's recent emphasis on recursive self-improvement (RSI) is related to AI having already begun assisting in the development of next-generation AI, accelerating model iteration speed. Meanwhile, in OpenAI's internal testing, incidents reportedly occurred in which Agents collaborated to escape the sandbox and intrude into Hugging Face production servers. Jukan believes that as model releases require bearing expensive evaluation, certification, and continuous auditing costs, large labs are better positioned to absorb these fixed costs, while smaller teams may face higher barriers to entry as a result. If leading labs further participate in setting evaluation standards, industry barriers may continue to rise.
CryptoQuant analyst Axel Adler Jr. posted that on-chain data shows the percentage of Bitcoin's supply in profit has rebounded from 47% at the end of June to 69%, moving out of historically typical market stress zones. Meanwhile, the 90-day change of this metric quickly reversed from -19% in early August to +41%, marking one of the fastest recoveries in Bitcoin's history.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
According to CoinDesk, Bitcoin briefly dipped to $77,666 on Tuesday before recovering to around $78,900 during Wednesday's Asian trading session. The asset saw minimal movement over a 24-hour period, posting a weekly gain of nearly 2%. Markets are currently focused on upcoming U.S. inflation data and the Federal Reserve's interest rate decision scheduled for September 15–16. Meanwhile, Grayscale stated that its Zcash exchange-traded fund surpassed $500 million in assets under management just two weeks after its debut on NYSE Arca. Trading under the ticker ZCSH, the fund has attracted over $70 million in net inflows since its launch on August 25 and secured a $100 million investment from DCG International Investments. It currently holds more than 550,000 ZEC, representing approximately 3% of the ZEC circulating supply.
Odaily News: Liquid Network announced that the emergency release Elements v23.3.4 is now live, with Functionary nodes having immediately begun upgrades. All Liquid node operators are advised to update accordingly. This release addresses a previously identified Proof validation cache vulnerability by strengthening the cache keys used for Range Proofs.Regarding network recovery, Blockstream stated that a recovery plan is still being formulated, expected to proceed in three phases: **resume block production while continuing to pause Peg operations; replay verified valid transactions; restore Peg operations after the network state is fully recovered and fund returns are confirmed.** Currently, the first two phases are being tested in parallel, and any phase will only advance once confirmed secure.Liquid Network stated that Elements v23.3.4 has undergone multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams. Meanwhile, Liquid Network reminds users to be wary of fake upgrade websites exploiting this incident for scams. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or seed phrases.
According to Digital Asset, South Korea's National Tax Service stated that it will introduce commercial blockchain tracking software used by domestic and international law enforcement agencies, including prosecutors, police, and the IRS, to track and analyze transfers between digital asset wallets in order to prevent tax loopholes arising from personal wallets. Meanwhile, regarding tax oversight of overseas exchanges, South Korea will address this through the Crypto-Asset Reporting Framework (CARF). Taking effect in 2028, CARF will cover transaction information from 2027, aligning with the timeline of the domestic digital asset income tax, which will be levied starting in 2027 with declarations due in May 2028, thereby achieving effective tax coverage of overseas holdings.
Odaily News: Cryptocurrency wallet project SafePal has released an update on the security incident, stating that it is continuously tracking phishing websites and impersonating accounts. The company plans to bring in a professional anti-phishing security firm to expedite the takedown of malicious information, aiming to protect user asset security.SafePal stated that it is currently in the final selection process among 4 professional anti-phishing security firms. Once a partner is chosen, it will further enhance the efficiency of handling threats such as imitation websites and fraudulent accounts. The team is also continuously monitoring whether affected data has been sold or made public, including channels such as dark web forums and trading markets. In the event that any signs of data leakage are detected, affected users will receive risk alerts as a top priority.In terms of security auditing, SafePal stated that it is making a final selection among 3 established independent security agencies, which will conduct a comprehensive security review of the order system. Meanwhile, the team is re-evaluating the order and logistics processes to reduce the scale of data that needs to be stored during the initial phase of the system, thereby lowering potential risks at the source.For affected users, SafePal stated that it will continue to provide one-on-one assistance through official support channels and will keep updating its fraud prevention page with event progress, frequently asked questions, and analysis of scam cases.SafePal once again reminds users: The official team will never ask users for their Seed Phrase. Users should not disclose their seed phrase to anyone, should not scan unknown QR codes or click on suspicious links, and should verify information sources through official channels.
Odaily News, Galaxy Research Head Alex Thorn stated on the X platform that attacks exploiting the Coldcard hardware wallet vulnerability have noticeably declined, but cumulative losses continue to rise as more victims come forward. The impact of this incident on the Bitcoin community is significant, as the victims are primarily long-term BTC holders who adhered to self-custody cold storage principles, rather than those who lost assets due to high-risk trading or DeFi activities.At a scale of $112 million, this incident ranks among the top 20 largest hacks in crypto history and is one of the most severe security breaches in the hardware wallet self-custody sector to date. Bitcoin culture may be entering a new phase—the era of relying solely on ideological advocacy and extreme self-custody promotion is coming to an end. The community needs to place greater emphasis on technical security, lower the barrier to entry for users, and avoid simply shifting the burden of security responsibility onto ordinary users. This crisis may ultimately drive the Bitcoin ecosystem to establish a more mature security framework.Galaxy Research has directly contacted 190 victims and has confirmed with high confidence that the exploit has led to the theft of 1,778.84 BTC (approximately $112.7 million) from over 8,600 addresses. This tally does not yet include certain moderately credible suspicious attack records, such as the unconfirmed "Wave 4." If these potential attack scopes are incorporated, total losses could expand to 2,417.35 BTC (approximately $153 million).Meanwhile, the incident is reshaping market perceptions of self-custody security. Galaxy noted that multisig wallets have emerged as the "winners" of this event, with no stolen transactions traced to multisig wallets so far. Multisig service providers including Casa, Unchained, Nunchuk, and Anchorwatch have all observed a notable increase in user registrations and BTC inflows.
Odaily讯 According to Cyvers Alert monitoring, an Address Poisoning attack incident has been detected, resulting in the victim losing approximately $100,000 in USDT. The attacker carried out the "address poisoning" against the victim's wallet about 66 days ago by sending a transaction to create a malicious address record resembling an address the victim normally interacts with. Today, the victim failed to verify the full wallet address and mistakenly transferred funds to the attacker's address.Following the incident, in order to avoid potential freezing risks, the attacker has converted the stolen USDT into ETH, and the wallet currently holds approximately 52.8 ETH.Cyvers reminds users to always fully verify wallet addresses when making on-chain transfers, and to avoid relying solely on address records from transaction history. Meanwhile, security agencies recommend adopting AI-based on-chain security tools for real-time detection of abnormal transaction behavior, in order to reduce risks such as address poisoning and phishing attacks. Address poisoning attacks have become one of the common fraud methods in the crypto asset space in recent years. Attackers typically exploit users' habit of copying addresses from historical transactions by forging similar-looking addresses to trick users into transferring assets mistakenly.
According to The Block, open-source Bitcoin payment processor BTCPay Server disclosed a critical security vulnerability being actively exploited last Friday and urgently requested users to upgrade to version 2.4.2. The vulnerability affects all versions prior to 2.4.2; attackers can use it to steal administrator macaroon authentication credentials of LND nodes, thereby fully controlling the connected Lightning Network wallets. Users such as Foundation and Citadel21 have confirmed that their Lightning node funds were drained, but BTCPay has not publicly disclosed the total amount stolen or the number of affected nodes. Currently, the official release version 2.4.2 has fixed this vulnerability, and on-chain hot wallets are not affected. The BTCPay Server Foundation has donated 0.21 BTC each to security researcher Craig Raw and Bitcoin Red Team to commend their responsible private disclosure of the vulnerability. Meanwhile, BTCPay supporters have promised to provide a bounty incentive of "10% of recovered funds," capped at 3 BTC.
Bitget celebrates its 8th anniversary, with CEO Gracy releasing an anniversary open letter. She candidly acknowledged that when Bitget introduced the comprehensive exchange UEX strategy a year ago, there was plenty of skepticism from the outside, but the team chose to respond by bringing the products to life. She explained that UEX was designed to address the fragmentation across assets, accounts, time zones, and regions, enabling users to access premium global assets through a single platform. As more leading exchanges increasingly position themselves for traditional finance trading, Gracy has dubbed 2025–2026 the “first year of multi-asset trading.” In her letter, Gracy wrote that over the past year, Bitget transformed from a “chaser” into a “leader in product innovation,” sequentially rolling out products such as stock perpetuals, Pre-IPO allocations, cross-asset unified accounts, rTokens, and Hong Kong Stock Quanto contracts. Data shows that the peak trading volume for non-crypto assets now accounts for 40% of the platform’s total volume, while daily volumes for TradFi derivatives and CFDs have each surpassed $10 billion. Meanwhile, cumulative rToken transactions have exceeded 3 million. Looking ahead to the next phase, institutional business will emerge as Bitget’s core strategic focus. As of Q2 2026, the net asset value of Bitget’s institutional clients has grown cumulatively by 45% since Q3 2025, and the number of core active market makers has risen from 90 to 248. Going forward, the platform will continue to refine its trading execution, asset security protocols, and institutional service workflows. Gra
Next week marks the super central bank week, with the Federal Reserve, the Bank of England, and the Bank of Japan set to announce their interest rate decisions in succession. Meanwhile, key Chinese economic data for August, including the year-on-year M2 money supply growth rate, retail sales, and industrial value-added, will be released in quick succession.
Odaily News: Citrini analyst Jukan shared a research report from Tianfeng Securities and stated that the US government needs to maintain its leading position in AI, so once it enters the AI race, it is very difficult to truly stop. Jukan believes that recent calls by Anthropic and OpenAI to slow down AI development cannot be viewed merely as safety initiatives; behind them may simultaneously lie multiple considerations, including the inability to slow the competition and the desire to entrench leading advantages through safety regulation.Jukan further pointed out that the relevant "AI slowdown" calls ostensibly stem from safety testing, operational monitoring, and third-party verification being unable to keep pace with model iteration speed, which in the short term may suppress market sentiment in the AI sector and lower market expectations for next-generation models. Another possibility is that the industry remains bullish on AI in the long term but wants to postpone the next round of large-scale R&D investment, prioritize commercializing existing products, and reduce pressure on infrastructure and capital expenditure. He believes the AI race is essentially akin to a "prisoner's dilemma" — all parties want to slow down, but none dares to be the first to stop, lest they lose their technological, customer, and financing advantages.Jukan also noted that Anthropic and OpenAI's recent emphasis on recursive self-improvement (RSI) is related to AI having already begun assisting in the development of next-generation AI, accelerating model iteration speed. Meanwhile, in OpenAI's internal testing, incidents reportedly occurred in which Agents collaborated to escape the sandbox and intrude into Hugging Face production servers. Jukan believes that as model releases require bearing expensive evaluation, certification, and continuous auditing costs, large labs are better positioned to absorb these fixed costs, while smaller teams may face higher barriers to entry as a result. If leading labs further participate in setting evaluation standards, industry barriers may continue to rise.
ESMA stated that the market for tokenized equities has grown from $350 million to $2.2 billion over the past 18 months; however, multiple tokenized versions of the same share could result in liquidity fragmentation. Meanwhile, certain products backed 1:1 by underlying shares still depend on off-chain ownership registries and traditional settlement channels, and have not yet fully realized on-chain atomic settlement.
Odaily News: Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share that unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock fell 8.9%, while the S&P 500 rose 2.7%.Meanwhile, SpaceX's stock has risen 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also related to its recent earnings and product launches, neither of which has demonstrated that the company's pivot toward physical AI products can succeed. Lale Akoner, global market strategist at eToro, said: "Investors see SpaceX as a purer growth story, while viewing Tesla as a riskier turnaround bet." Dave Mazza, CEO of Roundhill Financial, said: "SpaceX now has to prove that its $100 billion annualized revenue scale can be achieved, while Tesla has to prove that it is more than just the 'Musk concept stock' people held before SpaceX went public."
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
Driven by Donald Trump's hints that the US-Iran conflict is likely to end, crude oil prices pulled back, pushing Bitcoin (BTC) back to $79,000. Meanwhile, markets have significantly increased the probability of a Federal Reserve rate hike this week.
Odaily reports: According to the latest Bitfinex Alpha report, rising energy costs, higher real yields, and weakening consumer confidence have made the macroeconomic environment more complex. Whether BTC can break out of its current range still depends on the Federal Reserve's policy guidance and the subsequent trajectory of real yields and energy prices.Bitcoin has recently remained within a range of approximately 5.5% for more than 24 consecutive trading days, with the cost basis of roughly 840,000 BTC located within this range. As profit-taking has slowed notably, the seller risk ratio has dropped to 7 basis points, one of the lowest levels over the past year, though insufficient buying pressure continues to limit a breakout. Meanwhile, leverage is accumulating at both the upper and lower boundaries of the range, with approximately $1.95 billion in short liquidation risk concentrated near $82,000, while larger long positions exist in the $75,000 to $76,000 range, potentially amplifying price volatility following the Federal Reserve's interest rate decision.
Bitget celebrates its 8th anniversary, with CEO Gracy releasing an anniversary open letter. She candidly acknowledged that when Bitget introduced the comprehensive exchange UEX strategy a year ago, there was plenty of skepticism from the outside, but the team chose to respond by bringing the products to life. She explained that UEX was designed to address the fragmentation across assets, accounts, time zones, and regions, enabling users to access premium global assets through a single platform. As more leading exchanges increasingly position themselves for traditional finance trading, Gracy has dubbed 2025–2026 the “first year of multi-asset trading.” In her letter, Gracy wrote that over the past year, Bitget transformed from a “chaser” into a “leader in product innovation,” sequentially rolling out products such as stock perpetuals, Pre-IPO allocations, cross-asset unified accounts, rTokens, and Hong Kong Stock Quanto contracts. Data shows that the peak trading volume for non-crypto assets now accounts for 40% of the platform’s total volume, while daily volumes for TradFi derivatives and CFDs have each surpassed $10 billion. Meanwhile, cumulative rToken transactions have exceeded 3 million. Looking ahead to the next phase, institutional business will emerge as Bitget’s core strategic focus. As of Q2 2026, the net asset value of Bitget’s institutional clients has grown cumulatively by 45% since Q3 2025, and the number of core active market makers has risen from 90 to 248. Going forward, the platform will continue to refine its trading execution, asset security protocols, and institutional service workflows. Gra
CryptoQuant certified analyst Axel Adler Jr. noted in a post that over the past 24 hours, Bitcoin's price rose slightly by 0.4%, but selling pressure in the derivatives market has significantly intensified. The Bitcoin Derivatives Pressure Index dropped from -25.36 to -60.80, remaining below zero since September 6, indicating that sellers still dominate. Meanwhile, Coinbase continues to trade at a discount relative to Binance, with the latest Coinbase Premium Index at -0.0455% and its 48-hour average at -0.0323%, showing further weakening over the past 24 hours.
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin is about to enter a phase of 365 days without setting a new all-time high (ATH). In previous cycles, Bitcoin typically set new highs shortly after halving, but this pattern appears to be changing. Meanwhile, the time interval from each cycle's peak to the next all-time high is also shortening: 1,180 days from 2014 to 2017, 1,094 days from 2017 to 2020, and 849 days from 2021 to 2024. Darkfost believes that if this trend continues, Bitcoin may reach a new all-time high more quickly this cycle. The next Bitcoin halving is expected to occur around April 2028.
Next week marks the super central bank week, with the Federal Reserve, the Bank of England, and the Bank of Japan set to announce their interest rate decisions in succession. Meanwhile, key Chinese economic data for August, including the year-on-year M2 money supply growth rate, retail sales, and industrial value-added, will be released in quick succession.