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WEEX Exchange announces that the WEEX Hackathon Season 2 "AI Wars II: The Era of Algorithms" is officially launched. AI developers, quantitative traders, teams, and individuals can join Team AI or Team Human to engage in a continuous five-round trading competition in a real market environment, competing for rankings and rewards based on PnL% performance. The total prize pool for the event is 600,000 USDT, with multi-layered incentives designed around different participation methods.From September 3 to 6 is the pre-registration phase, where the first 2,000 registrants can share a 100,000 USDT early bird prize pool. Users who register early can complete event tasks in advance to accumulate activity points for the subsequent competition.

The prediction market platform Polymarket officially launches perpetual futures trading, covering cryptocurrencies, stocks, indices, and commodities, with a maximum leverage of 20 times.

Several mainstream overseas AI services encountered issues tonight. Claude has already experienced two rounds of failures this evening. Sonnet 5 started showing errors at 20:37 Beijing time and announced recovery at 20:56; half an hour later, Anthropic reported a larger scope of multi-model error rate increase, affecting Mythos/Fable 5.1, Mythos/Fable 5, as well as Opus 5, 4.8, and 4.6. claude.ai, Claude API, Claude Code, and Claude Cowork are still in a partial failure state.Subsequently, Grok also went down. xAI marked Grok Web as "outage" from 21:30 Beijing time, and recovery has not yet been announced.Now OpenAI has also joined the list of failures. At 22:58 Beijing time, the OpenAI status page added an incident for "increased error rates for ChatGPT and Codex," stating that they are investigating the issue.

Bubblemaps stated that the wallet address that previously targeted the MARS token has sold all the tokens it held, making a profit of approximately 800,000 USD.

Circle President and former CFTC Chairman Heath Tarbert stated at a hearing of the U.S. House Financial Services Committee that the GENIUS Act has established a federal regulatory framework for payment stablecoins, equivalent to building a "dollar layer" for the internet financial system. He urged Congress to next pass the CLARITY Act to complete the long-term regulatory framework for the "market layer" of digital assets.In addition, Tarbert also urged that the final implementation rules of the GENIUS Act should close the regulatory arbitrage space for offshore stablecoins, requiring intermediary institutions that actually serve U.S. customers to be subject to corresponding restrictions, and ensuring that foreign stablecoin issuers meet truly comparable regulatory standards.

According to Lookonchain monitoring, Abraxas Capital purchased 16,554 ETH in spot transactions over the past 12 hours, worth $39.8 million.Its two hedge accounts on Hyperliquid hold a total of 120,178 ETH short positions, valued at $291.4 million.

According to Coinglass data, if ETH falls below $2,307, the cumulative long liquidation intensity on mainstream CEX will reach $1.098 billion. Conversely, if ETH breaks above $2,533, the cumulative short liquidation intensity on mainstream CEX will reach $694 million.

According to Coinglass data, if BTC falls below $74,860, the cumulative long liquidation intensity on mainstream CEX will reach $1.724 billion. Conversely, if BTC breaks above $82,084, the cumulative short liquidation intensity on mainstream CEX will reach $832 million.

According to on-chain analyst @ai_9684xtpa's monitoring, a new address (0x362...95c45) withdrew 1000 PAXG from OKX in the past 7 hours, worth 4.428 million USD.After the rise in gold prices, the address has an unrealized profit of 36,000 USD.

For the week ending August 29, the number of initial unemployment claims in the United States was 206,000, the highest since the week of August 15, with an expectation of 205,000, and the previous value revised from 203,000 to 204,000.

According to OnchainLens monitoring, a certain HYPE whale has withdrawn a total of 824,350 HYPE from Coinbase in the past 17 hours, equivalent to approximately 67.52 million USD.This wallet has now withdrawn approximately 865,840 HYPE from Coinbase, with a total value of about 70.64 million USD.

According to Businesswire, ProCap Financial, a Bitcoin treasury company owned by Anthony Pompliano, announced that it has sold approximately 50 Bitcoins, with the proceeds used to repurchase over 2% of its outstanding shares at a price that is about 40% below the net asset value (NAV).ProCap Financial stated that since the initiation of the stock repurchase program, the cumulative repurchased shares have accounted for approximately 10% of the outstanding shares, and as of the market close, it still holds about 5,305 Bitcoins, and will continue to assess opportunities for stock repurchases when the share price is significantly discounted to NAV.

B.AI platform announces that Anthropic's latest Mythos-level general model Claude Fable 5.1 is now officially integrated with the API.This model uses the same underlying model as Claude Mythos 5.1, specifically optimized for high-intensity coding, long-term agent workflows, and complex knowledge tasks. It achieved an excellent performance of 73.4% at maximum computational intensity in the CursorBench 3.2.0 test.API access is now open, and developers can enjoy exclusive discounts—official channels as low as 15% off, and self-selected service providers as low as 40% off. B.AI continues to introduce top global models, providing developers with more powerful and cost-effective AI capability options.

The Japanese yen has recently strengthened significantly against the US dollar, with the USDJPY exchange rate falling 1.4% to 156.4, continuing a 0.9% decline from Wednesday. The US Dollar Index (DXY) subsequently dropped 0.4% to 99.22, testing its 200-day moving average around 99.1. Against this backdrop, Bitcoin and gold have risen in tandem, contrasting with the traditional understanding that "a stronger yen usually triggers risk-off selling."Analysis indicates that the strength of the yen is beneficial for Bitcoin primarily because it has lowered the US Dollar Index, and a weaker dollar typically supports dollar-denominated assets and eases global financial conditions. However, if the yen's appreciation accelerates, this dynamic may quickly reverse. Over the past decade, traders have borrowed large amounts of cheap yen to make bullish bets on stocks, bonds, and even cryptocurrencies; a disorderly appreciation of the yen could trigger the unwinding of these positions, leading to risk aversion.The rapid appreciation of the yen has previously put pressure on Bitcoin, most notably during the yen carry trade unwinding in August 2024, when Bitcoin fell about 20% within a few days. Currently, traders are increasing their bets that the Bank of Japan will raise interest rates from 1% to 1.25% at the meeting on September 18, and it has been reported that US and Japanese authorities have previously intervened to support the yen, suggesting that there is little resistance to further strengthening of the yen.

The Japanese listed company Remixpoint stated that it has sold all of its altcoin holdings, including approximately 901.45 ETH, 13,920 SOL, 1,191,200 XRP, and 2,802,300 DOGE, with transaction proceeds of about 5.54 million USD, realizing a profit of approximately 743,300 USD.After completing the above transactions, Bitcoin has become the only cryptocurrency asset held by Remixpoint. The company currently holds about 1,506 BTC and plans to configure and develop subsequent business around Bitcoin. As of the end of August, the company previously earned approximately 188,100 USD through ETH and Solana staking.

According to the latest stock derivatives exchange rankings released by RootData, influenced by factors such as macroeconomic uncertainty and interest rate hike expectations, the 24h trading volume of the top five exchanges has decreased.Binance's 24h trading volume is approximately $14.849 billion, a decrease of 11.66%. Hyperliquid's 24h trading volume is approximately $2.272 billion, a decrease of 19.77%. Gate's 24h trading volume is approximately $1.079 billion, a decrease of 3.33%. OKX's 24h trading volume is approximately $2.796 billion, a decrease of 2.40%. Bitget's 24h trading volume is approximately $1.218 billion, a decrease of 23.69%.

According to The Block, Bernstein expects that the Bitcoin mining company IREN will achieve an annual revenue of $17 billion from its AI cloud business by 2030, at which point cloud capacity will expand to approximately 2 gigawatts.Bernstein anticipates that IREN will cease its Bitcoin mining operations by the end of 2026 and notes that the pricing for three-year AI cloud contracts has increased by about 125% since last November.