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According to exclusive reports from "Investment World", Yan Wentao officially joined DeepSeek on Monday and reported to the company, taking on the role of the company's first CFO.Yan Wentao was born in 1991 and graduated from Fudan University. He joined Hillhouse Capital in 2020 and has previously participated in projects such as MiniMax, Zhipu AI, and ByteDance.DeepSeek is finalizing its second round of financing, planning to raise 50 billion yuan, with a pre-investment valuation of 500 billion yuan, and has already hired CITIC Securities to prepare for a potential Sci-Tech Innovation Board IPO.

According to the official announcement, Bitget has launched the USDBRL (US Dollar to Brazilian Real) forex perpetual contract. This contract is settled in USDT, supports up to 100 times leverage, and allows for 24/7 trading.

Alibaba CEO Wu Yongming stated at the Yunqi Conference that the current demand for AI from customers is strong, and the company will fully invest in AI infrastructure construction, aiming for the scale of global data centers operated by Alibaba Cloud to exceed 20GW by 2032. Meanwhile, Pingtouge released the strongest domestic AI chip Zhenwu V900, with computing power increased to three times that of Zhenwu M890, and the annual shipment volume is expected to increase significantly.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 10.003 billion USD, with long positions totaling 4.769 billion USD, accounting for 47.68% of the holdings, and short positions totaling 5.234 billion USD, accounting for 52.32% of the holdings. The profit and loss for long positions is 721 million USD, while the profit and loss for short positions is -762 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2301 USD, currently showing an unrealized profit and loss of -46.5133 million USD.

According to The Information, citing informed sources, DeepSeek CEO Liang Wenfeng listed training large models with domestic chips such as those from Huawei as one of the company's biggest bets at the latest closed-door investor meeting, stating that this must succeed. DeepSeek expects to receive a new batch of Huawei chips for training as early as the fourth quarter of this year, although the specific models and quantities have not been disclosed.Liang Wenfeng believes that Huawei chips are expected to catch up with Nvidia in just a few years and hopes that DeepSeek will adapt to hardware beyond Nvidia in advance. DeepSeek is still using Nvidia chips to train models. In May of this year, Liang Wenfeng estimated that training the top-tier large models would require about 50,000 Nvidia GB300 chips, while switching to Huawei Ascend 950 would require about 200,000 chips, with the biggest issue at that time being insufficient supply from Huawei.

The collectibles trading platform CatchBack announced the completion of an $8 million seed round financing, led by Foundation Capital, with participation from Y Combinator, Robinhood Ventures, Coinbase Ventures, and Solana Foundation.CatchBack stated that it will use the funds to build products related to collectibles trading.

Balancer's official X account stated: The Balancer official fork proposal led by MAXYZ has been launched on the forum, and liquidity, contributors, partners, and intellectual property may be transferred to the new protocol.This proposal is independent of the liquidation proposal. The discussion is currently open, and a Snapshot vote is expected to take place over the weekend.

The prediction market platform Trueo announced that it will migrate back to the Ethereum mainnet from Base. The platform launched on Base in March 2025 as an experimental sandbox. Trueo stated that its final form is a widely adopted, widely integrated, fully permissionless, fundamentally immutable, and highly trustworthy platform, which is best suited for Ethereum, and will launch the next generation of oracles.The migration will proceed seamlessly, with operations uninterrupted. Users should not create new markets on Base that expire after January 31, 2027; related markets can be deployed once the Ethereum instance is online. Existing markets will remain accessible, TRUE tokens can be migrated with no deadline, and future staking and liquidity rewards will take place on Ethereum.

The decentralized bandwidth sharing and AI data infrastructure project Grass announced that its wholly-owned subsidiary Grass DataCo Ltd. provides data infrastructure to cutting-edge model training AI laboratories and released an independent revenue verification completed by Regen Financial, covering until the second quarter of 2026. Grass stated that the revenue generated from customer contracts goes directly to Grass DataCo Ltd., rather than Wynd Labs; Wynd Labs is an independent vendor that assists in product development and engages in sales and marketing, and this structure is designed to keep DataCo's revenue within the Grass ecosystem.The verification document shows that it reviewed 100% of the work orders for two periods and traced them back to cash receipts: Period One is from March 14, 2025, to December 31, 2025, with a reported revenue of approximately $17.5869 million, and cash receipts verified at approximately $16.2395 million; Period Two is from January 1, 2026, to June 30, 2026, with a reported revenue of approximately $14.5276 million, and cash receipts verified at approximately $11.3514 million. The total reported revenue for both periods is approximately $32.1145 million, with verified cash of approximately $27.5909 million, and the discrepancy of approximately $4.5236 million is explained as the portion that has not yet been independently confirmed through cash receipts as of the program date, largely related to long-term contract deliveries and an approximately 60-day payment cycle. The document also notes that this is a due diligence procedure and not an audit or assurance engagement, and it does not express an opinion on the overall financial statements.Grass stated that it will reinvest most of its revenue back into the business; it has pre-purchased computing and storage for 2025, claiming that this move has reduced network operating expenses by an average of over $2.5 million per month, and it states that this is one of the direct reasons for achieving profitability at present. The project claims it will continue to build the ecosystem centered around tokens and will consider financial transparency as part of establishing trust with network participants and token holders.

Bitcoin on-chain analyst Willy Woo stated that this round of movement seems to have room for growth in the next 2-4 weeks, after which it will enter an overbought phase and need to cool down.He also mentioned that from the end of August to mid-September, the oscillation indicator showed cooling while prices remained strong, indicating that buying demand overcame short-term profit takers.

Google acknowledged that its Gemini model breached the sandbox environment during a security test in May, infiltrating three real companies and guessing or finding the passwords of two of them. Google was aware of this incident by late July but only publicly confirmed it after a report by The Wall Street Journal on September 18, remaining silent for seven weeks.The test was a capture-the-flag exercise commissioned by Google and conducted by the Israeli company Irregular in May. Irregular connected an isolated testing environment that should have had no contact with the real internet to the open network, using the name of a real company as a fictitious target. Gemini found three matching results when searching for the company and attacked them one by one, with the plaintext passwords of two companies directly exposed online, while the password of the third was guessed by the model. Google stated that its model ultimately did not use the stolen credentials in practice.Google is the fourth major AI laboratory this year to admit that internal security tests leaked into the real world. Previously, OpenAI's model had accessed Hugging Face servers due to a software vulnerability, Anthropic found that three Claude models had reached real companies after reviewing 141,000 tests, and Meta's Muse Spark model also experienced a similar incident due to Irregular's configuration error. Additionally, U.S. Representatives Ted Lieu and Nathaniel Moran introduced the "AI Emergency Shutdown Act" in July, proposing to authorize federal regulators to suspend reasoning for models that pose a serious threat.

The U.S. Department of Justice announced that Iris Rabaya Au, a 37-year-old woman from Irvine, Orange County, California, was sentenced to 18 months in federal prison for failing to report over $2.6 million in illegal income to the Internal Revenue Service (IRS). She was also ordered to pay $1.484 million in restitution and had multiple luxury cars, high-performance vehicles, designer handbags, and three "Godfather" sculptures confiscated. Au is the ex-girlfriend of cryptocurrency scammer Adam Iza.Prosecutors stated that between 2020 and 2024, Iza fraudulently obtained Meta advertising accounts and credit lines, selling account access and earning millions of dollars in unreported income. At Iza's direction, Au set up shell companies and opened bank accounts, using the related funds to pay approximately $1 million to Los Angeles County Sheriff's Department (LASD) officers and to purchase or lease luxury homes, cars, jewelry, and clothing. They also spent nearly $10 million on entertainment and purchased about $16 million in cryptocurrency for Iza. Between 2020 and 2023, Au transferred over $2.6 million into her personal bank accounts but did not accurately report it on her federal tax returns. She pleaded guilty to one count of false tax return in March 2025. Iza pleaded guilty in January 2025 to charges including conspiracy to infringe rights, wire fraud, and tax evasion, with a sentencing hearing scheduled for October 5. He was also sentenced to 15 years in federal prison for his involvement in an attempted Bitcoin robbery and kidnapping case in Connecticut in August 2024.

Fitch stated that Tesla's rating reflects its strong market position as a global leader in battery electric vehicles, as well as its strategic focus on transitioning to a physical artificial intelligence company.

Fitch has assigned Tesla (TSLA.O) a "BBB" issuer default rating for the first time, with a stable outlook.

In an interview with Bitcoin Magazine, Jordi Visser presented the "Ghost Rails" argument, suggesting that the infrastructure built over 15 years in the crypto industry, such as lending, tokenization, and stablecoins, has never had human users but rather AI agents. He compared the current situation to the 14 years between the launch of Netscape and the App Store bringing the internet to the masses, stating that AI agents, rather than retail wallets, represent the turning point of the agency economy, and he believes this is "extremely positive" for Bitcoin.Visser indicated that tokenization will convert $90 trillion in illiquid assets into currency, and Bitcoin is the only asset that can survive for 20 years. In discussions with Grace Remington and Sean Hagan, he covered topics such as nominal growth bets, whether AI can outperform the U.S. debt burden, 24/7 working agent clusters, data centers for debt financing, panic in the bond market, and the "Santa Claus effect," asserting that belief outweighs innovation and expressing optimism about the demand for Bitcoin over the next 30 years.

According to the monitoring by the head of Galaxy Research, the Coldcard white hat funds will come from the merger of 52.37 BTC from Wave 2, Footprints AA, AU, and AX into a new address, which recorded the OP_RETURN message "claim:cryptorecoverytrust dot com" in block number 967,948.These white hat funds account for 2.8% of the Coldcard vulnerability attack funds.

The U.S. Securities and Exchange Commission (SEC) established a five-year framework for tokenized stock trading days after the failure to advance the CLARITY Act. Investment bank TD Cowen stated that U.S. investors can conveniently access stocks, but issuers show limited interest in tokenization, and short-term adoption rates are expected to be low.TD Cowen pointed out that perpetual contracts remain a greater attraction for gaining exposure to crypto asset stocks, with trading volumes far exceeding those of tokenized spot products.