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The U.S. primary election season is nearing its end, and the cryptocurrency industry's super political action committee (PAC) has achieved victories in several key districts. Supported by major contributors such as Coinbase, Ripple, and a16z, Fairshake has helped approximately 50 candidates win nominations, including Massachusetts Democratic Congressman Jake Auchincloss, as well as Republican Senate candidates Barry Moore from Alabama, Andy Barr from Kentucky, Kevin Hern from Oklahoma, and Harriet Hageman from Wyoming. Prediction markets Polymarket and Kalshi indicate that these candidates have a winning probability of over 94% in the general election.Fairshake spokesperson Geoff Vetter stated that the organization has reserved $122 million for the fall elections. However, Fairshake also faced its biggest setback in Illinois, spending over $10 million in an attempt to prevent Democrat Juliana Stratton from securing the nomination but was unsuccessful. Additionally, the Fellowship PAC, supported by Cantor Fitzgerald and Anchorage Digital, has actually spent about $11 million, far less than the previously claimed $100 million; the Digital Freedom Fund, funded by the Winklevoss brothers with $21 million, has yet to engage in support for specific candidates.

According to a report from Circle's official blog, Circle's cross-chain infrastructure CCTP has officially expanded to support the native cross-chain transfer of the euro stablecoin EURC.EURC adopts the same "burn-mint" model as USDC, with the first phase supporting cross-chain settlement between Ethereum and Base chains. Developers can transfer both USDC and EURC through a unified interface without needing to connect to multiple bridging service providers, effectively reducing integration complexity and enhancing liquidity efficiency. EURC is issued by Circle's regulated subsidiary, and CCTP does not hold or manage user assets.

According to The Defiant, Securitize has announced a partnership with Socios.com, where Securitize will provide regulated securities issuance, investor onboarding, and ownership record services for Socios.com’s plan to sell tokenized minority equity in professional sports clubs.The token product branded as Socios Equity Tokens will be subject to applicable securities laws, league requirements, club approvals, and jurisdictional restrictions. Fan Tokens and Socios Equity Tokens will function as separate products, with the former used for participation and utility, while the latter represents regulated financial rights.Carlos Domingo, co-founder and CEO of Securitize, stated that professional sports clubs represent an important asset class that has largely remained private and difficult to access. Securitize's regulated infrastructure in the U.S. and Europe can provide clubs and their owners with new ways to issue and manage equity. Alexandre Dreyfus, founder and CEO of Chiliz Group, mentioned that the collaboration with Securitize will explore entering the next phase through regulated tokenized equity.It is reported that this plan is expected to become the first tokenized project launched by Securitize under the EU DLT pilot regime, which only accepts issuers with a market capitalization of less than 500 million euros. Securitize received authorization from Spain's CNMV for DLT trading and settlement systems in November 2025.

Cryptocurrency exchange Backpack announced that users can now use Micron and SanDisk stocks as collateral to deposit into a unified investment portfolio margin account that covers stocks, cryptocurrencies, and other assets. Stock holdings can be used for USD lending, contract trading, and spot margin.Backpack had previously provided 24/7 trading services for some U.S. stocks to international investors, who have complete ownership of the traded U.S. stocks and can perform 1:1 bridging between traditional securities and tokenized assets on Solana. The newly added collateral is limited to the two stocks mentioned above, and Backpack has also launched perpetual contracts for MU, SNDK, SPY, and QQQ. Backpack stated that more assets will be launched in the future, but did not disclose a specific timeline.

The prediction market platform Kalshi is preparing to apply to U.S. regulators to launch WTI crude oil perpetual contracts, possibly seeking approval as early as next week. The proposed contracts will trade 24 hours a day, 5 days a week, and will have no expiration date, allowing traders to maintain leveraged positions without the need for regular rollovers.If approved by the U.S. Commodity Futures Trading Commission, Kalshi may launch the first regulated perpetual contract product linked to crude oil in the United States. This move is also part of Kalshi's expansion from prediction markets and crypto assets into traditional assets, with plans to cover markets such as metals, stocks, foreign exchange, and interest rates.

According to The Block, the Wyoming Stablecoin Committee announced the adoption of Chainlink Proof of Reserve to provide near real-time on-chain reserve verification for the state’s official stablecoin, Frontier Stable Token (FRNT). This follows the migration of cross-chain infrastructure from LayerZero to Chainlink CCIP, further establishing it as the sole on-chain asset verification infrastructure.The auditing firm The Network Firm will review the reserves and token supply of FRNT according to the standards of the American Institute of Certified Public Accountants (AICPA). The verification data will be recorded on-chain via Chainlink, reducing information gaps between reporting periods.The committee will also introduce the Chainlink Proof of Reserve Secure Mint mechanism, requiring that verified reserves must be no less than the total supply of FRNT for any minting to occur, in order to prevent risks associated with "unlimited minting." FRNT is fully backed by reserves of U.S. dollars and short-term U.S. Treasury securities, with related earnings used to diversify state finances and support local education funds.

DDC Enterprise announced its unaudited financial data for the first half of 2026: total revenue of 20.2 million USD, a year-on-year increase of 29%.As of the announcement date, the company holds 2,899 bitcoins, an increase of 145% from 1,181 at the end of 2025; the net loss for the first half of the year was 38.4 million USD, mainly due to a non-cash unrealized fair value loss of 34.3 million USD from its bitcoin treasury holdings.The board of directors has approved an 18-month stock repurchase plan, with a maximum amount of 10 million USD or 20% of Class A common stock outstanding.

U.S. Secretary of Commerce Gina Raimondo said on Wednesday that the Trump administration is considering a new round of import tariffs on semiconductors, which could further increase taxes on foreign chips to attract more semiconductor manufacturing to the United States.However, these tariffs may be implemented alongside tax relief measures for investments in domestic manufacturing companies, following the approach previously taken by the Trump administration in the pharmaceutical industry.Raimondo stated, "This is the principle that the semiconductor industry should follow: If you produce in the U.S., we will give you tariff relief; if you do not produce in the U.S., you will pay tariffs. This is a very wise approach and it works."Trump had previously imposed a 25% tariff on some advanced semiconductors and ordered additional import tariffs on these chips in January of this year after the U.S. Department of Commerce completed relevant trade investigations. However, the scope of the new round of tariffs may expand from semiconductors themselves to products containing chips, thereby affecting imports of data center servers and consumer electronics.

According to Decrypt, CrowdStrike and the U.S. Department of Justice announced on Tuesday that they have dismantled the Sality peer-to-peer botnet, which has been active since 2003.This botnet primarily hijacked cryptocurrency payments through the EggJagger malware over the past eight years, which monitored the cryptocurrency wallet addresses in victims' clipboards and replaced them with the operator's own address, causing victims to send funds to strangers.CrowdStrike estimates that the operator has stolen at least 12.1 million rubles (approximately $150,000) solely through the EggJagger payload. Most of the stolen cryptocurrency has not been spent, and CrowdStrike assesses that these unspent assets were worth about 147 million rubles (nominally around $1.35 million) at their peak in January 2025. The reason Sality has survived to this day is that it does not have a central server that can be seized; infected machines communicate directly with each other.This multinational operation involved the United States, Bulgaria, Hungary, and Romania. The U.S. Department of Justice, FBI, and Defense Criminal Investigative Service seized Sality-related domains within the United States, and police from multiple European countries also seized other domains.CrowdStrike isolated more than 15,000 infected machines to its controlled honeypot by exploiting its architectural vulnerabilities. The operator has been tracked as SALTY SPIDER, which launched a denial-of-service attack against the Russian cryptocurrency exchange AvanChange in September 2023.

According to The Block, Strategy ($MSTR) CEO Phong Le stated that the previous sale of approximately 7,000 BTC at a price of $60,000 to $65,000 was the "right trade" made to raise preferred stock dividends.Subsequently, Strategy repurchased 4,603 BTC at an average price of $80,318, totaling $369.7 million.

According to the Securities Times, at the Fourth Cybersecurity (Tianjin) Forum, Zhou Hongyi, the founder of 360 Group, gave a keynote speech, stating that AI has changed the landscape of cyber offense and defense, and traditional solutions are difficult to sustain. He emphasized the need to create a new automated offense and defense system centered on "model governance," using AI capabilities to address AI risks, ensuring the safety of large models, the reliability of generated content, and the credibility of output results.Zhou Hongyi also proposed that there should be lifecycle management for intelligent agents, establishing an auditable, intervenable, and interruptible control mechanism, and called for the cybersecurity industry to quickly form a system for AI vulnerability discovery, automated defense, and intelligent agent security.

According to BeInCrypto, two Thai merchants have sued Tether, claiming that their $42.4 million USDT wallet was blacklisted at the informal request of U.S. government agents without a search warrant or court order.The plaintiffs are seeking to lift the freeze and are claiming damages from Tether for the profits generated from investing the corresponding reserves during the freeze period.

Binance will launch the bStocks tokenized securities trading pairs on September 2, 2026, at 20:00: CrowdStrike (CRWDB), Moderna (MRNAB), ProShares UltraPro Short QQQ (SQQQB), and Seagate (STXB). The spot algorithm trading bot will be activated simultaneously with the spot listing, and the smart holding bot will be enabled within 24 hours after the launch.Users can exchange bStocks for BTC, USDT, or other supported tokens without fees within one hour after the launch. During the event, CRWDB/USDT, MRNAB/USDT, SQQQB/USDT, and STXB/USDT will enjoy zero maker fees until October 1, 2026, at 07:59.

According to Bloomberg, AI model developer MiniMax Group Inc. became the most popular Hong Kong-listed stock among mainland investors last month. Mainland investors bought MiniMax shares worth HKD 10.6 billion (approximately USD 1.4 billion) through the Stock Connect in August, surpassing Alibaba Group Holding Limited and Tencent Holdings Limited.Since the stock became eligible for trading under the Shanghai-Shenzhen-Hong Kong Stock Connect on August 6, southbound investors have accumulated a 9.7% stake in this AI startup.

Huobi HTX will hold a themed debate today at 20:00 titled "The Federal Reserve Cuts Forward Guidance: Regaining Independence or Triggering Market Panic?"The affirmative side representatives Li Qian, Guobao, Wanqu, and yuli will engage in dialogue with the negative side representatives Mr. Mis, Zizi, 0xmeg, and Qingfeng, focusing on the potential impacts of the Federal Reserve's weakening of forward guidance on policy transparency, market expectations, and asset pricing changes, as well as discussing how U.S. stocks, gold, and crypto assets will be repriced.

On September 1, 2026, TCL filed a lawsuit against Samsung in the federal court in Los Angeles, accusing it of false advertising regarding some televisions using Mini LED technology. The lawsuit claims that Samsung marketed its M series televisions as Mini LED products, but these televisions actually come from a recycled standard LED product line and do not contain Mini LED-related technological advancements.TCL stated that it surpassed Samsung in Mini LED television sales in the United States between 2023 and 2025, while Samsung launched the M series at prices below TCL's lowest price and falsely labeled them, resulting in damage to TCL's market share. TCL seeks an injunction to prevent Samsung from using the Mini LED designation and unspecified monetary damages.Samsung stated that it will vigorously defend itself and insists on the quality and accuracy of its product descriptions. The report was written by Blake Brittain.

The US spot XRP ETF has recorded net inflows for 11 consecutive trading days, attracting approximately $170 million in funds during this period. Since its launch in November last year, the cumulative net inflow of these funds has reached about $1.68 billion. As of Wednesday morning, the trading price of XRP was around $1.33, down from about $1.45 on August 27, but still higher than the $1 level in mid-August.According to the disclosures in the 13F filings, Goldman Sachs is the largest institutional holder of the XRP ETF, holding approximately $87.4 million, while Jane Street and Millennium Management hold $16.6 million and $16.2 million, respectively. Investment advisors are the largest category of holders, accounting for about $120 million of the disclosed $183 million, while hedge funds hold about $25 million, and brokers and banks hold approximately $17 million and $14 million, respectively.However, institutional holdings and fund inflows measure different dimensions: the 13F filings reflect the holdings as of June 30, while the continuous inflows record new funds from the end of August to early September. These data only reflect the total holdings of the ETF and not the complete exposure of investors to XRP; institutions like Goldman Sachs may hedge part of the price risk through futures or other instruments. The next round of 13F filings will be released in November.

Tencent WorkBuddy announced the official launch of its open platform, introducing over a hundred ecological partners in the first batch, aimed at opening underlying Agent capabilities for smart hardware, industry applications, and developers.At the press conference, 9 co-branded smart hardware products made their debut, with partners including Plaud, Rokid, Yingshi, iFlytek, Anker, Mengma, and Jingdong Jingzao; over 30 industry applications were simultaneously integrated, covering more than 20 fields including finance, law, healthcare, education, and public welfare. Previously, WorkBuddy collaborated with Li Weike Technology to launch the X-AI memory glasses and reached an ecological linkage for AI glasses with Rokid.

According to sources in the materials industry, on September 2, TSMC is expected to continue using traditional micro-bump technology rather than hybrid bonding in the short term for connecting high-bandwidth memory (HBM) with AI accelerators in advanced packaging. Considering the development cycle of related materials, finer pitch micro-bumps are expected to be used until the later stages of HBM4 and the early stages of HBM5. TSMC has requested its materials and equipment partners to develop bonding and underfill solutions for approximately 5-micron bumps, with suppliers from South Korea and Japan beginning development, and mass production of 5μm bumps expected to start in the second half of 2028.Currently, the bump height of the third-generation extended HBM, namely HBM3E, is about 15-25μm, while HBM4 is close to about 10μm. Japanese material suppliers have previously stated that it is difficult to guarantee quality below 15μm. The reduction and refinement of bumps are due to the height limitations of HBM cubes and the demand for higher interconnection density. JEDEC specifies that the maximum height for HBM stacks is 775μm. In TSMC's advanced CoWoS packaging, the HBM stacks assembled by GPU and memory suppliers are mounted onto the silicon interposer via micro-bumps, with the 16-layer DRAM chip stacks completed within HBM packaging by SK hynix and Samsung Electronics.The first and second generations of HBM used larger solder bumps, while micro-bumps became mainstream around the HBM3 generation. SK hynix uses the MR-MUF process, while Samsung Electronics uses TC-NCF. Hybrid bonding allows for thinner and denser interconnections through direct bonding of copper pads; TSMC has utilized this on its SoIC platform for logic chip stacking, but HBM still connects to the interposer using micro-bumps.

After a two-day meeting in Asheville, North Carolina, G20 finance ministers and central bank governors issued a statement committing to developing clearer rules for digital assets to promote financial innovation. The statement acknowledges that digital financial innovations, including digital assets, can support "broad economic growth" and play a key role in driving private sector innovation.The statement reads: "We are committed to advancing a responsible and effective regulatory and supervisory framework to maintain financial stability, support economic growth, and establish a clear path for sound digital finance and digital asset innovation, while taking into account cross-border opportunities and challenges." G20 officials expressed anticipation for the upcoming findings from the Financial Stability Board regarding the cross-border impacts of global stablecoin arrangements, as well as related reports on stablecoin data sources, availability, and potential challenges.They also reiterated their commitment to strengthening the G20 roadmap for cross-border payments and called on member countries to extend the operating hours of large payment systems. Several G20 member countries, including the United States, the European Union, and Japan, have reviewed the potential of digital assets or stablecoins to enhance the efficiency and accessibility of existing financial and payment systems and have established relevant frameworks.