for

According to Bloomberg, the Chinese AI model company Z.AI (智谱, 2513:HK) listed in Hong Kong and MiniMax Group (100:HK) are facing record short-selling bets. Data shows that MiniMax's short position has accounted for about 20% of its free float, while Z.AI is around 6%. These positions have risen to high levels ahead of the two companies' upcoming earnings reports, reflecting investors' increasing concerns about the intense competition in the Chinese AI sector.After both companies completed high-profile listings earlier this year, their stock prices have retreated from historical highs, but short-selling activity has further intensified. Market attention is focused on the escalating competition among domestic large model manufacturers and the resulting pressure on profit prospects and valuations.

According to Bits.media, Russia's three major telecom operators MTS, Rostelecom, and Megafon announced that they will start accepting digital ruble payments from September 1. MTS will support the use of digital rubles for all services within its payment module MTS Pay, with no category restrictions. Rostelecom will initially only support one-time payments on its official website, and will later expand to personal accounts; regular payments and automatic top-ups will depend on the readiness of the central bank's platform. Megafon will also offer it as an additional payment method.The two major e-commerce platforms, Wildberries and Ozon, also announced the activation of digital rubles on the same day. According to the law, starting from September 1, all large enterprises in Russia must be able to process digital ruble transactions, and the apps of 12 systemically important banks must have an entry point for digital ruble wallets. The central bank plans to impose limits on the recharge of digital wallets, with a maximum of 300,000 rubles per month through a single bank.

According to the official announcement, Bitget's stock perpetual contracts have launched DJT (Trump Media & Technology Group). The contract is settled in USDT, supports up to 20 times leverage, and is available for trading 24/7. So far, Bitget supports a total of 291 stock perpetual contract underlying assets.

According to on-chain analysts' monitoring, Sun Yuchen's address (0x176...a132) applied to Lido for the redemption of 5,000 ETH, worth $12.3 million, 10 minutes ago. This is the first time this address has unstaked since July 18, 2025, and the specific use is unknown.Sun Yuchen currently holds nearly $600 million in stETH on-chain, totaling 243,000 coins.

At least 14 senior and core executives have left their positions at OpenAI this year. Business Insider counted 13 people as of August 21, and The Wall Street Journal later reported the departure of data center head Chris Malone. This group spans business, product, security, ethics, research, and infrastructure.Specifically, they include Chief Revenue Officer Denise Dresser, former COO and Head of Special Projects Brad Lightcap, CEO of Application Business Fidji Simo, former CPO and Head of OpenAI for Science Kevin Weil, Head of Sora Bill Peebles, CTO of Enterprise Applications Srinivas Narayanan, Chief Marketing Officer Kate Rouch, Head of Enterprise AI Sales Barret Zoph, Head of Ethics Chloé Bakalar, Head of Security Systems Johannes Heidecke, Chief Futurist Joshua Achiam, Head of Robotics and Consumer Hardware Caitlin Kalinowski, Vice President of Sales for the Americas Kaylin Voss, and data center head Chris Malone.These individuals did not leave for the same reason; some are starting their own businesses, some left due to health reasons, and others faced team layoffs and management restructuring. OpenAI secretly submitted its U.S. IPO documents in June.

According to Xinhua News Agency, Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, stated on August 26 at the "Starting Point of the 14th Five-Year Plan" series of themed press conferences held by the State Council Information Office that, in terms of application, artificial intelligence in our country has basically penetrated the entire chain of research and development design, production manufacturing, quality inspection, and operation and maintenance.Xin Guobin mentioned that nearly 200 artificial intelligence-related standards have been successfully developed, and multiple cities are being organized to carry out ethical reviews and service practices related to artificial intelligence.

Bitget 2026 King’s Cup Global Invitation Tournament KCGI is now open for registration, and early bird benefits and team formation channels are also available. This year's KCGI has been fully upgraded, with "UEX Panorama Competition" as the core highlight, for the first time integrating three major tracks: crypto contracts, TradFi contracts, and stock spot (rToken), achieving a unified competition arena, prize pool, and ranking, providing a multi-asset competitive scenario for users with different trading preferences, with a total prize pool of 3 million USDT.To enhance the competition experience, KCGI has simultaneously launched five major gameplay features: UEX Arena, UEX Treasure Map, Captain Rewards, Early Bird Benefits, and Glory Live Draw. The UEX Arena, as a core component, offers a maximum reward of 2 million USDT, covering five major leaderboards: team earnings, trading volume in each track, and individual earnings; the UEX Treasure Map provides a 100% winning treasure chest reward of up to 600,000 USDT through a task key and track fragment synthesis mechanism. Additionally, there is a special incentive of 100,000 USDT for team captains, and the first 10,000 users who join a team and meet specified requirements before August 30 can compete for an early bird benefits prize pool of 200,000 USDT.The final glory coronation ceremony will be revealed in a live broadcast after the competition ends. Users who reach the specified trading threshold during the competition will have the opportunity to participate in the live draw to win multiple rewards, including 2026 KCGI limited merchandise, gold-plated footballs, cash vouchers, and more. The registration period for the event ends on September 22.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $6.627 billion, with long positions of $3.175 billion, accounting for 47.9% of the total holdings, and short positions of $3.453 billion, accounting for 52.1%. The profit and loss for long positions is $379 million, while the profit and loss for short positions is -$414 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently showing an unrealized profit of $3.137 million.

On August 26, according to the Korea Herald, South Korean cryptocurrency exchange operator Dunamu has been designated by the Ministry of the Interior and Safety as a "Joint Utilization Agency for Administrative Information," becoming the first cryptocurrency exchange operator in South Korea to obtain this qualification. The Ministry of the Interior and Safety completed on-site inspections and qualification reviews in May of this year and made the designation decision this month.Dunamu plans to use this system for user identity verification (KYC), reducing the process of users repeatedly submitting proof materials by accessing relevant administrative information, thereby improving the efficiency of account opening and account verification.

According to Bloomberg, former Google researchers Rishub Jain and Joshua Jacob founded the nonprofit organization Sampura Research, aiming to ensure continuous human involvement in AI safety oversight, creating a human-machine hybrid system called "Referee" to help companies identify vulnerabilities and prevent models from going out of control. The organization has raised $6.5 million in funding and secured an additional $4.2 million in committed investments.Jain believes that involving humans from the early stages of research and development helps prevent models from learning to circumvent safety measures. Previous incidents where OpenAI and Anthropic's models accessed other companies' systems without permission have heightened the urgency for safety oversight. This project contrasts with automated solutions that use AI to monitor AI—though faster, Sampura believes that humans should always be involved in oversight. Meanwhile, over 1,100 top laboratory researchers have signed a petition calling on the U.S. government to help slow down the pace of AI development.

South Korean artificial intelligence service platform Wrtn Technologies announced the completion of approximately $69 million in Series C financing, with the company's valuation reaching $870 million. This round of financing will primarily be used to drive global market expansion.Coreline Ventures and Eugene Asset Management participated as new investors; existing shareholders Goodwater Capital, Antler Global, Woori Venture Partners, Korea Development Bank, and Capstone Partners continue to provide support.

According to the Form D document disclosed by the U.S. Securities and Exchange Commission (SEC), the prediction market platform Kalshi Inc. is conducting a private equity offering under Rule 506(b) exemption, with a total issuance size of approximately $1.499998 billion, of which approximately $1.12001 billion has been sold, leaving approximately $379.99 million remaining for sale. The document shows that the first sale date is April 3, 2026, and 71 investors have already participated.

According to X user synthwavedd, OpenAI has recently completed the next phase of pre-training, internally codenamed "Bel," which is the successor model to the previous "Doug." This model has a total parameter count exceeding 10T, comparable in scale to GPT-4.5. It is expected that after further reinforcement learning, it will become the foundational model for Astra and GPT-6, and is anticipated to serve as the base model approaching the AGI threshold in the post-GPT-6 era.Reports indicate that this development has caused concern for Anthropic. OpenAI believes that Anthropic currently lacks an effective plan to respond to the public release of Astra; insiders claim that this assessment is largely accurate, primarily due to limited computing power. Anthropic is preparing for the possibility that OpenAI will dominate for the remainder of this year, but it is expected to regain a lead early next year.

Cryptocurrency infrastructure provider Zerohash has resubmitted its national trust bank charter application to the Office of the Comptroller of the Currency (OCC), marking its second attempt following the rejection of its application in July. Previously, on July 17, the OCC returned Zerohash's application, citing "insufficient materials."Zerohash stated that the return was part of an administrative process, allowing it to reapply this month, a practice coordinated with the OCC and not a judgment on the substantive content of the application, nor does it affect the company's existing operations. The company noted that the initial application covered "a wide range of digital assets and fiduciary services," and thus decided to adopt a "phased" approach, focusing on "national trust business that aligns more closely with the established launch timeline."Zerohash is a Chicago-based cryptocurrency infrastructure platform that provides backend operational support for cryptocurrency businesses to institutions such as E*Trade under Morgan Stanley, BlackRock, Franklin Templeton, Stripe, Interactive Brokers, and DraftKings, and it already holds a state trust bank charter.

Bitcoin has risen about 24% in the past week, approaching $79,000, marking its best performance of 2023. Ethereum has increased about 30% during the same period, surpassing $2,500, but the Total3 index, excluding Bitcoin and Ethereum, fell back after a morning surge, currently around $753 billion, recording a decline over the week.Bitcoin's dominance briefly rose to about 61% this week before falling back to around 59%, close to its yearly high. The CoinMarketCap altcoin season index is at 46, far below the 75 threshold that defines altcoin season, indicating that most altcoins have underperformed Bitcoin over the past 90 days.This round of market activity is mainly driven by the U.S. Treasury's announcement to double the long-term bond repurchase scale from $2 billion to $4 billion, with a weaker dollar prompting funds to flow into Bitcoin as a hedge against inflation. Trump subsequently met with crypto executives at the White House and pushed Congress to pass the Clarity Act. After Bitcoin broke through $70,000, it triggered a short squeeze, with Bitget Wallet research analysts estimating that over $4 billion in crypto shorts were liquidated within two to three days. If it continues to break through $80,000, it may open the way to $82,000 to $87,000.

According to Cointelegraph, the cryptocurrency exchange MEXC has chosen Bybit EU, which has obtained MiCAR authorization, as the recommended alternative platform for Dutch users before exiting the Dutch market. MEXC is preparing to cease its related services in the Netherlands and guide local users to migrate to compliant exchanges.Bybit EU has obtained authorization under the EU Markets in Crypto-Assets Regulation (MiCAR) to provide compliant services in the relevant jurisdictions. This move aims to help Dutch users continue to access trading services after MEXC's exit while complying with local regulatory requirements.

The real-time market application underlying protocol Linera announces the opening of pre-registration for the $LNRA community round, aimed at traders, badge recipients, community members, and external participants, allowing for token purchases before Season 1 and TGE. Pre-registration is open from now until September 1 UTC, with the subscription period from September 1 to 8 UTC. Participants can join at a fixed price / FDV using USDC on Base through sale.linera.net, with round pricing and scale to be announced on August 28.This round is divided into a reserved pool for badge holders and an open pool for all registered users. Badges can be earned daily through trading and social activities on app.linera.xyz and claimed at portal.linera.net. Higher levels and points determine the priority order for the reserved pool; the open pool is allocated proportionally, with a single wallet limit of $100,000. For every $1 committed, 1 Commitment Credit is earned, which can be used for fee-free trading volume in Season 1 on app.linera.xyz, with refunds also counted.It is reported that 65% of the total supply belongs to the community (including reserves and this pre-sale), while investors and early contributors hold a total of 25%, with a three-year vesting period from distribution. Linera claims there are currently about 50,000 traders, over 80 million predictions, and over 2 billion test trades, nearing the launch of the mainnet.

According to monitoring disclosed by Arkham, Bitwise clients have continuously purchased SOL for 5 days, with the latest day's purchase scale of approximately 25 million USD. Since the launch of the BSOL ETF, Bitwise clients' cumulative net purchases of SOL have reached 948 million USD.Arkham pointed out that Bitwise-related funds continue to increase their holdings of SOL and are paying attention to whether this week's net purchase scale is expected to further approach the 1 billion USD mark. BSOL is the Solana spot ETF-related product launched by Bitwise.