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According to the official announcement from the CFTC, the U.S. Commodity Futures Trading Commission (CFTC) announced that the Federal Court for the Southern District of New York has issued a supplemental consent order against former Alameda Research CEO Caroline Ellison and former Alameda/FTX co-founder Gary Wang. Ellison has been imposed a 5-year trading ban and a 10-year registration ban, while Wang has been imposed a 5-year trading ban and an 8-year registration ban, with the bans effective from the date of the initial consent order on December 23, 2022.Given that both individuals provided substantial cooperation in the CFTC investigation and related criminal proceedings—including pleading guilty in the criminal case and jointly bearing a $11.02 billion criminal forfeiture order—the CFTC stated that it is not currently seeking additional restitution, recovery, or civil penalties, and this supplemental order formally concludes the CFTC's enforcement actions against the two.

According to the Industrial and Commercial Times, competition in advanced process technology for PC processors is heating up. Market news indicates that Intel's next-generation Nova Lake desktop processor will prioritize the introduction of bLLC large last-level cache to reduce access latency to system memory, competing with AMD's 3D V-Cache technology; the laptop version may be delayed until the subsequent Razor Lake-HX generation is released. The supply chain reveals that Nova Lake, set to debut early next year, will utilize a combination of Intel's 18A and TSMC's N2P processes, while the subsequent Razor Lake may further adopt TSMC's high-performance 2-nanometer N2X process.N2X is a high-performance extension of TSMC's N2 platform, targeting high-frequency CPUs, AI, and HPC applications, with transistor technology shifting from FinFET to nanosheets. If mass production is achieved, Intel's collaboration with TSMC on advanced processes is expected to extend to a broader 2-nanometer family, helping to reduce risks associated with a single proprietary process and optimize the timing and capacity configuration for high-end CPU launches.In addition to TSMC benefiting directly, related supply chains are also expected to welcome business opportunities. Sungsan is one of the few manufacturers in Taiwan capable of mass-producing its own CMP polishing pads, with a 25% year-on-year increase in consolidated semiconductor revenue in the first half of the year, rising to 66% of total revenue. Demand for Hard Pads and advanced packaging is strong, with a new Soft Pad line expected to begin trial production in the third quarter and gradually ramp up production in the fourth quarter, with products already applied in CoWoS and SoIC. Zhongsha holds CMP diamond discs and recycled wafers, reporting revenue of 2.49 billion yuan in the second quarter, a year-on-year increase of 17.9%, with gross margin rising to 40.1%, and shipments of 2-nanometer and 1.6-nanometer related diamond discs rapidly increasing.

According to Bloomberg, the cryptocurrency exchange OKX has prohibited employees residing in Hong Kong or passing through China from using Anthropic's Claude AI model. Previously, OKX's corporate account had been briefly suspended.This restriction is aimed at addressing Anthropic's adjustments to its usage policies in the relevant regions. OKX requires affected employees to switch to other AI tools to ensure compliant operations.

According to the Industrial and Commercial Times, driven by the long-term growth in demand for memory and advanced packaging due to AI, Winbond Electronics has proactively initiated expansion plans for its Kaohsiung Luzhu plant, merging the originally planned phases two and three into Module B for simultaneous development. Construction of the cleanroom is expected to start in 2027, with equipment installation beginning as early as the beginning of 2029, and equipment will be phased in according to customer demand forecasts and LTA. Currently, there are already customers negotiating for capacity in 2029 and 2030.Industry sources indicate that Winbond's niche DRAM and SLC NAND are in short supply in the third quarter, with a quarterly price increase estimated at about 50%; NOR Flash benefits from large cloud service provider customers stocking up, with a quarterly price increase estimated at about 30%. The price increase for memory in the fourth quarter is expected to converge to 2% to 5%, but thanks to increased DRAM capacity and growing shipment volumes, revenue and profits can still maintain a quarterly increase. Winbond's consolidated revenue in the second quarter was NT$59.843 billion, a quarterly increase of 56.4% and a year-on-year increase of 184.7%. DRAM prices increased by about 100% quarter-on-quarter, while Flash rose by about 43%, with consolidated gross margin rising to 66.2% and after-tax earnings per share of NT$5.40.The Module B product plan includes Standard DRAM, CUBE DRAM, Wafer-on-Wafer (WoW), and silicon capacitors (Si-Cap), which will support 14-nanometer and future 12-nanometer DRAM processes, with plans to introduce EUV equipment in the future.

According to Coinglass data, if ETH falls below $2,153, the cumulative long liquidation intensity on mainstream CEX will reach $479 million. Conversely, if ETH breaks above $2,373, the cumulative short liquidation intensity on mainstream CEX will reach $403 million.

According to Coinglass data, if BTC falls below $66,174, the cumulative long liquidation intensity on major CEXs will reach $1.62 billion. Conversely, if BTC breaks above $72,849, the cumulative short liquidation intensity on major CEXs will reach $581 million.

According to Onchain Lens monitoring, a HYPE investor made a profit of $1.24 million within two months. They deposited 47,000 HYPE (approximately $3.35 million) into FalconX, possibly preparing to sell.In the past two months, the wallet has cumulatively purchased 178,700 HYPE (approximately $11.5 million) from FalconX, and the estimated unrealized profit is about $1.24 million.

Galaxy Research Director Alex Thorn posted on the X platform, stating that today, the retail buying inclination for BlackRock's Bitcoin exchange-traded fund IBIT reached its highest level in two years.

According to Onchain Lens monitoring, FalconX transferred 198,750 HYPE to Gate a few minutes ago, valued at approximately 14 million USD, suspected to be for sale.Multiple over-the-counter buyers who have accumulated HYPE over the past few months now seem to be selling, and similar transfers have appeared at other over-the-counter desks.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "Arizona Diamondbacks vs. Boston Red Sox," the option "Arizona Diamondbacks" in the sub-market "Arizona Diamondbacks vs. Boston Red Sox" has experienced a dramatic fluctuation in winning probability, soaring from 46.5% an hour ago to the current 81.5% (a fluctuation of 35%). Please note the impact of related breaking news.

According to Onchain Lens monitoring, the ETH short position of Hyperliquid trader pension-usdt.eth was liquidated, involving an exposure of approximately $108.18 million.On-chain data shows that this liquidation resulted in a loss of about $26.66 million for the trader, but their historical cumulative earnings remain positive, with a total profit of $17.76 million. Previously, this address held approximately 50,000 ETH short positions, valued at around $85 million. The trader's address is: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "LoL: BIG vs Unicorns Of Love Sexy Edition - Prime League 1st Division Playoffs," the "Yes" option win rate for the sub-market "Both sides kill Baron Nashor" has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of relevant breaking news.

BitcoinTreasuries.NET posted on platform X that the Japanese listed company Remixpoint (3825.T) has increased its holdings by 9.96 bitcoins, bringing its total holdings to 1501.27 bitcoins, ranking 38th in the Bitcoin 100 list.

The U.S. federal government debt has surpassed 40 trillion dollars.

The U.S. military has established a shipping corridor in the Strait of Hormuz, transporting about 10 million barrels of oil daily, which is about half of the pre-war shipping volume. This move alleviates the impact of the war on oil supplies and has a significant effect on the global energy market.

The Federal Reserve meeting minutes show that participants believe the labor market conditions are stable and supply and demand are balanced. Some participants pointed out that signs of weakness in the labor market still exist, including low employment rates and high long-term unemployment rates.The demand for technical workers in AI-related industries is strong, and wages have risen significantly. Overall nominal wage growth is moderate, but there are upward risks for future wage growth.

Market operator Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) to launch a copper perpetual contract COPPERPERP. This contract will track the spot price of copper priced in U.S. dollars and will use price data from blockchain market data provider Pyth Network.The contract will be cash-settled and will not involve physical copper delivery; periodic payments between long and short traders will help keep the contract price aligned with the copper price. Perpetual contracts have no expiration date, allowing traders to hold positions indefinitely without needing to roll over to a new contract. Kalshi was previously approved in May to offer Bitcoin perpetual contracts and has submitted an application for index perpetual contracts. Less than a week before the copper perpetual contract application was submitted, a judge in Washington state had ordered the company to cease offering bets related to sports, elections, politics, and other events in the area.

Market news reports that SpaceX (SPCX.O) attempted to acquire the AI programming startup Cognition.

Crypto journalist Eleanor Terrett stated that the head of the Office of the Comptroller of the Currency (OCC) mentioned at the SALT Conference in Wyoming that the approval activities related to digital assets have increased eightfold compared to the Biden administration, and described the previous administration's attempt to "eliminate risk" as "extremely shortsighted."She noted that the OCC expects to finalize the rules related to the GENIUS Act by November and will adjust the rules based on feedback from the crypto industry.

Coinbase announced the introduction of perpetual contract trading to the Base App through Hyperliquid, allowing eligible users to trade over 290 perpetual contract markets with a maximum leverage of 50 times, covering Bitcoin, Ethereum, and markets related to stocks and commodities. Coinbase's engineering lead Chintan Turakhia stated that perpetual contracts currently account for about 75% of the total trading volume in the crypto market and are the feature that high-frequency users of the Base App most want to see added.Related trades will be executed within the Base App, but Hyperliquid will be responsible for the actual execution, allowing users to stay within their existing wallets. Coinbase stated that the maximum leverage ratio available for different assets varies, and positions may be liquidated when losses exceed a certain threshold. This product is currently not available to jurisdictions such as the United States, the United Kingdom, Canada, and other areas that restrict leveraged crypto derivatives trading. This launch also reflects a shift in the product focus of the Base App from previously emphasizing social and creator features to trading, payments, and AI Agents. Base founder Jesse Pollak previously acknowledged that social and creator tokens did not bring the expected user growth, while prediction markets, perpetual contracts, and stablecoins have become stronger drivers of adoption.