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Gate Launchpool Phase 372 Aligned (ALIGN) event is ongoing, lasting until September 11 at 18:00 (UTC+8). Users staking USDT, GT, or ALIGN can share 10,000,000 ALIGN tokens. The total amount staked in USDT is 93,685,074.62 USDT, with an estimated annualized yield of 3.82%; the total amount staked in GT is 3,543,846.49 GT, with an estimated annualized yield of 1.84%; the total amount staked in ALIGN is 14,140,810.72 ALIGN, with an estimated annualized yield of 263.74%.Gate Launchpool PIPEDOG event is also ongoing. The total amount staked in the ETH pool is 42,758.86 ETH, with an estimated annualized yield of 2.76%; the total amount staked in the BTC pool is 1,795.63 BTC, with an estimated annualized yield of 0.87%; the total amount staked in the PIPEDOG pool is 49,899,978.11 PIPEDOG, with an estimated annualized yield of 646.78%. The event lasts until August 31 at 18:00 (UTC+8), with a total reward of 39,432,177 PIPEDOG.

According to Gate market data, the main Hong Kong stock indices fluctuated in the morning session. As of the midday close, the Hang Seng Index rose by 0.68%, and the Hang Seng Tech Index rose by 1.58%. Tech stocks rebounded in the morning, with Xiaomi Group rising over 4%, Meituan and Kuaishou rising over 2%, and Baidu, Alibaba, and Tencent Holdings rising over 1%. The financial sector was also active, with CICC and Shenwan Hongyuan Hong Kong rising over 8%, and Nanhua Futures and China Merchants Securities rising over 5%.

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.

Cryptocurrency investment firm RockawayX announced the acquisition of the crypto hedge fund Relayer Capital to incorporate long-short strategies into its existing platform and expand its business footprint in the United States. RockawayX manages approximately $2 billion in assets, and Relayer will be renamed RockawayX Liquid Opportunities Fund, focusing on uncovering "undervalued liquidity tokens and crypto-related stocks." After the acquisition is completed, Relayer founder Austin Barack will serve as the chief investment officer of the fund, with Forbes citing informed sources that the company plans to raise $150 million for the fund.According to the announcement, Relayer's liquidity strategy has achieved approximately 70% net returns this year, outperforming a weighted basket of Bitcoin, Ethereum, and Solana by 86% as of August 21. The strategy expresses fundamental views on crypto tokens through long and short positions and pairs trading, while reducing overall market exposure at appropriate times. RockawayX CEO Viktor Fischer stated that now is the "right time" to implement this strategy, as there are crypto companies with real revenue and strong fundamentals emerging in the market, but inefficiencies and mispricing still exist, providing good opportunities for active investors.This transaction occurs amid a recent rebound in the crypto market, with Bitcoin recording its largest weekly dollar gain in history last week, dropping 1.68% to $79,064 in the past 24 hours after briefly reaching a high of around $81,000.

On August 24, consumers discovered that the "SKhynix Flagship Store" homepage had published a notice of termination of operations, intending to voluntarily cease operations on September 9, 2026, with all products removed from the store. As of August 25, the Taobao platform could no longer directly search for this store. Public information shows that the store previously mainly sold SK Hynix brand consumer solid-state drives, and the operating entity was Tianjin Hailisi Technology Co., Ltd. Tianyancha information indicates that this company was registered in July 2020, with a registered capital of 1 million yuan, and its business scope includes technical services, electronic product sales, etc. Public business information has not yet shown any equity, controlling, or direct affiliation with SK Hynix headquarters or its China region.SK Hynix's China region stated that after verification, the "SKhynix Flagship Store" is not directly operated by the company. Regarding the reasons for closing the store, the operation of other related e-commerce stores, authorization situations, and historical order warranty arrangements, they stated that they are currently verifying internally and with relevant parties. This store closure incident has once again sparked speculation about SK Hynix's contraction of its consumer storage business. In January of this year, there were rumors in the market that it planned to stop producing consumer storage devices and exit the consumer DRAM and NAND business. On January 14, a relevant person from SK Hynix publicly denied this, stating that the company is currently not discussing or planning to exit the consumer product business.

According to the token unlocking data from the crypto asset data platform RootData, DoubleZero (2Z) will unlock approximately 135.41 million tokens at 1:00 PM Beijing time on September 2, worth about 7.64 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Quack AI (Q) will unlock approximately 24.86 million tokens at 0:00 on September 2nd, Beijing time, worth about 5.45 million USD.

According to the token unlock data from the crypto asset data platform RootData, Somnia (SOMI) will unlock approximately 19.97 million tokens at 0:00 on September 2nd, Beijing time, worth about 2.18 million USD.

According to token unlock data from the Crypto asset data platform RootData, Ethena (ENA) will unlock approximately 11.095 million tokens at 0:00 on September 2nd, Beijing time, worth about 16 million USD.

According to the token unlock data from the crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27,958,000 tokens at 0:00 on September 2nd, Beijing time, worth about 14.8 million USD.

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 Onchain Lens monitoring, a newly created address has accumulated 28,980 HYPE from FalconX, worth approximately 2.38 million USD.

According to BBX data, yesterday global digital asset funds, compliant financial infrastructure, and institutional merger and acquisition transactions disclosed the latest official ledgers and capital flows. The core dynamics are as follows:Grayscale Zcash spot ETF officially listed on the NYSE Arca: Grayscale's Grayscale Zcash Trust has officially completed its conversion and is now trading as a spot ETF on the New York Stock Exchange Arca, with the stock code "ZCSH". A Grayscale spokesperson stated that the management fee for this ETF is 2.5%, and all income generated will be reinvested into the Zcash ecosystem to promote and enhance the infrastructure and broader development of this privacy network.tZERO and Sui reach strategic cooperation to connect compliant securities infrastructure in the US stock market: Leading blockchain financial infrastructure platform tZERO announced a strategic partnership with the public chain Sui. tZERO will provide full-process support for regulated digital asset securities trading within the Sui ecosystem, covering asset issuance, transfer agent, asset custody, secondary matching transactions, compliance review, and clearing and settlement, significantly expanding Sui's ability to access US domestic financial infrastructure that meets institutional standards.Crypto custodian Copper receives a $200 million potential acquisition offer, valuation down over 90% from peak: The UK-based veteran crypto custodian Copper, once valued at $2.5 billion, has recently attracted interest from new potential buyers, but the acquisition offers received so far are only about $200 million. This valuation not only has significantly decreased but is also far below the $500 million acquisition intention proposed by Cantor Fitzgerald a few months ago, reflecting the valuation pressure in the institutional custody sector amid the transition between bull and bear markets and regulatory reshuffling.RockawayX plans to raise $150 million for a new liquidity fund: Digital asset investment firm RockawayX, which manages approximately $2 billion in assets, announced that it is currently seeking to raise $150 million for its new "Liquidity Opportunity Fund." Previously, RockawayX successfully completed the full acquisition of the crypto hedge fund Relayer Capital, continuously expanding its layout in the secondary market and liquidity strategies.

According to data from DefiLlama, Gate's 24-hour net capital inflow reached $194.09 million, ranking among the top three centralized exchanges in the world.

According to GMGN market data, the market capitalization of the Robinhood ecosystem token PONS briefly surpassed $80 million, setting a new historical high, currently reported at approximately $79.4 million.Pons previously announced that 28.52% of the total token supply has been burned, and Pons Treasury continues to use 80% of the protocol fee revenue to increase its holdings of PONS.

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 informed sources, Meta Platforms has discussed the possibility of reaching a settlement during court proceedings with the attorneys general of multiple states in the U.S. The case accuses Meta of designing Facebook and Instagram to be addictive for teenagers, facing a maximum fine of $1.4 trillion.

According to a report by the Korea Herald, South Korea's Shinhan Financial Group announced that it has signed a strategic cooperation agreement with Visa. The two parties will collaborate on digital assets and future financial services.Shinhan Financial plans to utilize Visa's stablecoin platform to verify core functions such as stablecoin issuance, transfer, and redemption, and to jointly design business models in conjunction with South Korea's local financial regulations and market environment. The two sides will also explore the application of stablecoins in financial services such as credit card bill settlements, promote AI-driven new payment models, and expand B2B and B2C payment businesses.

According to Caixin, the UAE investment firm Aqua 1 Foundation has invested $100 million to purchase WLFI tokens issued by World Liberty Financial, a cryptocurrency project of U.S. President Donald Trump's family, surpassing the total investment of $75 million by Sun Yuchen, becoming its largest buyer. The actual controller of Aqua1 was previously a mystery, but recently Zhou Guren, born in Shanghai, China in 1984, has come to light as the largest financier of WLFI tokens, with many questions surrounding the source of the funds.Zhou Guren is still listed as a dishonest person subject to enforcement on China's information disclosure website, with a total debt amounting to tens of millions across six cases. A recent indictment provided by the UK Crown Prosecution Service shows that Zhou Guren is also involved in a money laundering case that occurred in the UK. A Shanghai timber company for which he serves as the legal representative was also involved in a smuggling case in China.