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According to Caixin, Star Bridge Capital (SBCFX) experienced an abnormal liquidation incident in London gold trading. After the incident, the Hong Kong office of the platform was empty, and some investors faced huge losses. According to multiple investors, their automated trading in London gold (XAUUSD) derivatives through the Star Bridge Capital platform encountered extreme abnormal trading on the evening of August 19: the system automatically generated huge reverse short positions within just 1 to 3 seconds, followed by a rapid rise in international gold prices, leading to collective liquidations of accounts, with some accounts' funds reaching zero, and some even incurring negative debts.The so-called London gold liquidation refers to the risk of trading in the opposite direction of gold price movements, and due to leverage and other reasons, resulting in excessive losses, where the available margin in the investor's account is exhausted, falling below the maintenance margin ratio, leading to forced liquidation by the platform and total loss of principal.Affected investors estimate that this incident involves about 2,000 to 3,000 people, including a large number of mainland investors. Currently, some investors have reported to the Hong Kong police and requested the platform to refund 70% of the principal according to the previously promised "maximum loss of 30%" rule.Some investors claim that Star Bridge Capital offers leverage of up to 500 times, and some funds were deposited via USDT stablecoins, increasing the difficulty of tracking funds. Public information shows that Star Bridge Capital's business scope covers foreign exchange, commodities, indices, cryptocurrencies, etc., and it claims to be a licensed and compliant international trading platform.

According to monitoring by Catcher Predict, in the "XRP August Price Prediction" event on the prediction market Polymarket, the "Yes" option in the sub-market "Below $1.2" experienced a dramatic fluctuation in winning probability, soaring from 29.5% an hour ago to the current 68.5% (a fluctuation of 39%). Please note the impact of related breaking news.

According to monitoring by Lookonchain, Ethena transferred 170 million ENA to FalconX, worth 14.09 million USD; just now, Ethena retrieved this 170 million ENA from FalconX, worth 23.68 million USD.The value of the aforementioned tokens increased by 9.59 million USD within 3 days, an increase of 68%.

The B.AI platform announces that Xiaomi's self-developed MiMo series models are officially online with API services, with the first batch opening up the MiMo-V2.5 and MiMo-V2.5-Pro models.Among them, MiMo-V2.5 is a 310B sparse MoE native multimodal model that supports multimodal input of text, images, audio, and video, as well as 1M ultra-long context, specifically designed for multimodal agents and general programming scenarios; MiMo-V2.5-Pro reaches a parameter scale of 1.02T sparse MoE, positioned as a flagship text model, focusing on complex reasoning and long-cycle software engineering, achieving a high score of 78.9 in the SWE-Bench Verified benchmark test.Starting today, developers can call the two models through the B.AI API, supporting both official group access and self-selected service provider dual modes, with discounts as low as 40%.

Ethereum co-founder Vitalik Buterin published a new article titled "Obfuscation (Part 3): Local Mixing," which delves into a cryptographic obfuscation technique being explored—"Local Mixing." He claims it may become a new foundational cryptographic tool following elliptic curves, RSA, and lattice-based cryptography.Vitalik states that current mainstream obfuscation techniques mainly rely on complex mathematical assumptions, often resulting in extremely high computational overhead. In contrast, Local Mixing adopts a completely different approach, not relying on elliptic curves, large integer factorization, or lattice cryptography. Instead, it draws on experiences from symmetric cryptography and hash function design, continuously shuffling, reconstructing, and hiding circuit structures to eliminate information leakage while maintaining functionality.The Local Mixing technique primarily includes steps such as reversibility, hardening, mixing, splitting, crossing walk, and "gadgetization." By introducing random structures into the circuit, rearranging logic gates, and employing nonlinear hiding mechanisms, it makes it difficult for attackers to recover the original computational logic.Vitalik points out that this technology is still in its early stages, with security not yet validated over the long term and facing challenges such as random attacks and linear analysis. However, he believes that Local Mixing represents a completely new path for cryptographic exploration, aiming to construct more efficient indistinguishable obfuscation (iO) schemes.If breakthroughs in Local Mixing technology are achieved, it could lead to new quantum-resistant public key encryption schemes and promote the development of general obfuscation techniques. The field still requires years of cryptanalysis and optimization validation, but AI-assisted research may significantly accelerate this maturation process. Vitalik states that obfuscation technology is seen as the "final frontier" of cryptography because, theoretically, other cryptographic primitives can be constructed based on obfuscation and one-way functions. Local Mixing may not only reduce the costs of traditional obfuscation schemes but could also become an important direction for future cryptographic infrastructure.

SK Hynix (SKHY.O) stated in a document that it has not yet decided whether to build semiconductor manufacturing facilities in Japan. The company responded to media reports regarding its potential factory construction in Japan.SK Hynix stated: "To enhance the competitiveness of the memory chip business, the company is evaluating various options, including the establishment of additional production bases, but no decisions have been made as of now." The company said it would further disclose relevant information when specific details are confirmed, or within one month after the release of this report.

The whale "Set 10 Big Goals First" posted on the X platform, stating that it has opened a short position again at $76,000. The logic is quite simple: "When I established a long position around $63,000, the target was originally $74,000. I believe the bull market has returned, and this judgment has not changed until now. However, I have always believed that this round should be a volatile upward trend. At least currently, from a macro and market structure perspective, I have not seen enough signals to support this trend."Currently, most of the short positions have been reduced. "Not because I have changed my judgment, but to control risk first. If there is a continued extreme upward pull here, $82,000 and $84,000 are both possible, so there is no need to take a full position to bet that my judgment is definitely correct.If the daily line effectively closes above $80,500, then I will admit my mistake on this trade, close everything, and take a break for a while. If it ultimately cannot hold here and weakens again, I will consider adding back the reduced short positions."The whale "Set 10 Big Goals First" reiterates its medium-term view as follows: "In the medium to long term, I still hold a bullish view on BTC, but being bullish in the medium to long term does not conflict with shorting locally. I am taking this short position to profit from the pullback during the upward process, not to view it as a bear market again. If I am wrong, I will admit my mistake above $80,500. I still believe that we will see $100,000 BTC by March next year."

Arthur Hayes reposted his interview video on the X platform, stating that the Ethena (ENA) ecosystem is currently facing a downturn, but as the market environment improves, its yield mechanism may restart. The ENA price has dropped about 99% from its historical high, with pressure from venture capital firms and a sluggish crypto market leading to a decline in yields, causing the entire mechanism to stagnate.Arthur Hayes indicated that if Bitcoin rises and triggers a massive short squeeze, the market basis may quickly widen, and a higher basis would drive Ethena's yield from the current approximately 4% up to 8%-9%. Once yields rebound, Ethena's yield-driven mechanism may re-establish a positive cycle, revitalizing the ecosystem.

Cryptocurrency analyst Darkfost stated that the apparent demand for Bitcoin in 2026 reached a record of 25,000 coins, indicating that the actual spot buying volume exceeds the newly mined coins, with market buying power stronger than supply.Apparent demand is calculated by subtracting the daily change in supply that has not been used for over a year from the daily block subsidy, used to measure whether structural accumulation can effectively absorb new supply.

According to reports from Liberty Times and other media, TSMC has completed the development and verification of the angstrom-level A16 (1.6nm) process, which is expected to enter mass production in the fourth quarter of 2026. This process uses TSMC's back-end power delivery network technology Super Power Rail (SPR), separating signal routing from power routing, with the power located on the back of the wafer to reduce bottlenecks.Compared to the 2nm process, the A16 is said to improve computing speed by 8% to 10%, reduce energy consumption by 15% to 20%, and increase chip density by 8% to 10%. TSMC views the 1.6nm process as a transitional step towards 1.4nm, with the goal of starting 1.4nm mass production in 2028.

According to a report by Reuters, Tether has ceased its Bitcoin mining operations in Uruguay as of 2025. Documents and sources indicate that the project was ultimately abandoned due to a misunderstanding between Tether and the Uruguayan national electricity company UTE regarding the terms of power supply.Tether believed the contract stipulated a minimum power supply that could be adjusted, while UTE viewed it as a maximum quota that could not be exceeded.

UPBIT will start supporting the USDT trading market for Nexo (NEXO) on August 21 at 22:00. Users need to complete the NEXO deposit within 2 hours after the announcement is made. Please note that NEXO only supports deposits and withdrawals on the Ethereum network.

According to monitoring by Catcher Predict, in the event "LoL: HANJIN BRION vs BNK FEARX - LCK Third to Fourth Round Promotion" on the prediction market Polymarket, the "HANJIN BRION" option in the sub-market "Game 2 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 48.5% an hour ago to the current 86.5% (a fluctuation of 38%). Please note the impact of relevant breaking news.

According to CoinDesk, the U.S. Treasury announced that from September 9 to November 4, the limit for single long-term U.S. Treasury bond repurchases will be raised from $2 billion to at least $4 billion, using short-term debt financing instead of "printing money," which the market views as a liquidity management operation similar to "Operation Twist 2."Although officials emphasize that this measure is not quantitative easing (QE) or yield curve control (YCC), it is interpreted as a signal of policy concerns regarding rising financing costs against the backdrop of long-term yields reaching nearly a twenty-year high and high fiscal deficits. This has strengthened expectations for a more aggressive YCC in the future, driving Bitcoin to surge short-term, breaking through $78,000, with a weekly increase of 23%. Gold has also strengthened, while the dollar weakened, intensifying market volatility due to short covering.

DeepSeek officially launches the new visual model deepseek-v4-flash-vision-exp. The official API documentation has listed it alongside V4 Flash and V4 Pro, allowing developers to directly input images through the DeepSeek API. The model supports a context of 1 million tokens, with a maximum output of 384,000 tokens, and also supports JSON Output, Tool Calls, Responses API, and Anthropic API.The pricing is directly aligned with V4 Flash. For every million tokens input, when there is a cache miss, the peak period is 3 yuan, and the idle period is 1.5 yuan; cache hits only cost 0.1 yuan and 0.05 yuan respectively. For every million tokens output, the peak period is 9 yuan, and the idle period is 4.5 yuan. Compared to V4 Pro, the same tier pricing is only one-third.Images are not charged separately per image. DeepSeek will convert images into tokens based on their size and bill them together with text tokens. The peak periods are from 9:00 to 12:00 and 14:00 to 18:00 Beijing time, with prices halved during other times.

According to Lookonchain monitoring, as the price of ASTER rises, a certain whale has made a cumulative profit of 2.36 million dollars by going long on ASTER at the Aster decentralized exchange.Currently, this whale still holds a long position of 3.2 million ASTER, worth approximately 2.27 million dollars, with unrealized profits exceeding 190,000 dollars.

According to Onchain Lens monitoring, a whale transferred 772,470 LINK (approximately $8.91 million) to Galaxy Digital and Cumberland for sale. Among them, 602,000 LINK ($6.94 million) were transferred to Galaxy Digital, and 170,470 LINK ($1.97 million) were transferred to Cumberland.

AI+ Prediction Market Project Fortune Protocol officially discloses the latest financing information. The project has previously completed multiple rounds of financing, including Seed and Pre-A rounds, with a total financing amount exceeding 4 million USD.It is reported that participating institutions include K24 Ventures, CGV FoF, MH Ventures, Mapleblock Capital, and others. Fortune Protocol states that this round of funding will primarily be used to promote the technological upgrades of Fortune AI Agent, the integration and expansion of prediction market liquidity, and ecological construction.With the TGE approaching, Fortune Protocol is committed to building intelligent infrastructure for the next generation of prediction markets, promoting the industry towards a more intelligent, efficient, and open direction.

UBS Global Wealth Management has raised its mid-2027 target price for the S&P 500 Index from 8,200 points to 8,400 points.

Recently, Peter McCrory, the head of economics at Anthropic, explained the AI unemployment paradox. He pointed out that AI capabilities have significantly improved, raising reasonable questions about why there has not yet been a noticeable impact on unemployment rates. The U.S. Business Trends and Outlook Survey shows that about one-fifth of U.S. businesses use AI to some extent, and productivity growth in the U.S. has strengthened in recent years, some of which may be related to AI.McCrory stated that the unemployment rate in the labor market is still close to the full employment level identified by the Federal Reserve, and even deep data analysis makes it difficult to draw clear conclusions about the impact of AI. The basic judgment is that so far, AI has shown characteristics of skill-biased technology, automating certain work processes while complementing and amplifying the professional skills that rely on human participation, thereby creating maximum value in human-machine collaboration.