ratio

According to a research report published by RootData Research, the total trading volume of mainstream cryptocurrency exchanges in the TradFi sector surpassed $1.3 trillion in the first half of 2026, nearly a tenfold increase compared to the entire year of 2025, with TradFi derivatives accounting for over 98%, becoming the core engine driving the explosive growth of the sector.The exchange landscape is shifting from "unipolar concentration" to multipolar competition. Binance, while maintaining a leading position in the TradFi sector with a cumulative share of 68.3%, saw its monthly trading volume share decline from 78.8% at the beginning of the year to 58.2% in August. Meanwhile, second-tier exchanges such as OKX, Gate, and Hyperliquid are rapidly expanding, with market shares of 18.2%, 10.7%, and 9.9% respectively in August.In the core submarket of stock derivatives, entering August, Binance still dominated with an average daily trading volume of $14.927 billion; OKX established an advantage in trading costs with the industry's lowest spread of 0.0091%, achieving a comprehensive score tied for second with Gate. Gate has recently shown independent growth, recording four consecutive months of triple-digit month-on-month growth from May to August, and in mid-August, its ±2% weighted depth ranked first in the industry for 11 consecutive trading days. The competitive logic of the TradFi sector may be shifting from a battle for traffic to a competition across comprehensive dimensions such as position size, market depth, trading costs, and variety coverage.

Gate US's wholly-owned subsidiary Gate Futures LLC has completed the independent introducing broker registration with the Commodity Futures Trading Commission (CFTC) and has officially become a member of the National Futures Association (NFA).

CoinDesk reports that XRP has risen about 40% in the past two weeks, from approximately $0.99 to $1.38, but during the same period, the total open interest in XRP futures has decreased by 16% to about 2.34 billion. CoinGlass data shows that all exchanges, except for CME, have reduced their XRP futures positions.CME's XRP futures open interest has increased against the trend by about 36% to 387 million, with its share of the total market open interest rising from about 10% to 17%. CFTC data shows that as of August 25, leveraged funds had a net short position equivalent to about 116 million XRP, more than doubling from the previous week's 57 million; dealers and asset management institutions increased their net long positions by approximately 60 million and 28 million, respectively.This shift in positions occurs ahead of the procedural vote in the Senate on the U.S. CLARITY Act (expected in mid-September). The bill had previously pushed XRP up about 5% when it passed the Senate Banking Committee in May.

Manus announced the resumption of independent operations and entered a new development stage. Founding team member Red Xiao and others will continue to be responsible for the company's operations, focusing on promoting product innovation and the development of general AI Agents.Manus stated that as an independent Agent laboratory, the company will continue to expand the capability boundaries of general AI Agents in the future and transform new capabilities into products to help users handle complex tasks. In the future, Manus will further integrate into users' daily workflows, interact more directly with the real world, and more proactively represent users in executing tasks. Manus also thanked users who recently helped with data backup and recovery and stated that more innovative products will be launched in the future.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.395 billion, with long positions totaling $3.545 billion, accounting for 47.95% of the holdings, and short positions totaling $3.849 billion, accounting for 52.05% of the holdings. The profit and loss for long positions is $376 million, while the profit and loss for short positions is -$414 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently with an unrealized profit and loss of $2.3878 million.

The Solana core client development team Anza announced that it is gradually removing floating-point operations from the Solana core protocol. The first layer, SIMD-0391, was activated in epoch 1026 of the mainnet Beta, replacing floating-point operations in the Stake Program and validator client’s warm-up and cool-down logic with fixed-point operations.The second layer, SIMD-0607, has been proposed and is under review, targeting the runtime itself to remove floating-point operations in the inflation rewards and rent calculation paths. Anza stated that floating-point operations can produce different rounding results on different hardware, validator clients, and compilers, which may lead to consensus divergence and network activity risks. These two improvements eliminate that risk by standardizing fixed-point operations. Further work will continue to address floating-point operations in other paths.

According to IT Home, WeChat Pay announced that the AI Exclusive Card now supports usage in DeepSeek Harness and OpenClaw. After user authorization, the process from smart recommendations to order payment can be completed in conversations.The AI Exclusive Card can currently be used to pay for over 700 Pay Skills on Skillhub in the aforementioned two products, with plans to expand to more scenarios in the future. The activation process includes: installing the weixinpay plugin for DeepSeek Harness or OpenClaw via the npx command, generating a binding link by the Agent when using paid skills on Skillhub, and completing the binding of the WeChat Pay AI Exclusive Card. After that, each order requires user confirmation on the mobile end, deducting funds from the exclusive card balance. The official emphasizes that the exclusive card funds are isolated from the main account, the limit is self-controllable, and each payment requires user confirmation.

NVIDIA (NVDA.O) will invest $3.5 billion in MediaTek, further deepening the cooperation between the two parties. Currently, NVIDIA is working to persuade more companies to develop chips that can connect to its dominant data center ecosystem. The two companies stated in a joint announcement that NVIDIA will purchase bonds that can be converted into MediaTek stock. This investment will expand the collaboration between the two chip designers.According to the cooperation arrangement, MediaTek will adopt NVLink Fusion and the newly announced NVHBM technology, which are part of NVIDIA's technology suite aimed at facilitating smoother communication among various components in data centers. MediaTek is trying to challenge the market positions of Broadcom (AVGO.O) and Marvell Technology (MRVL.O) by helping data center operators create customized components.Previously, Amazon (AMZN.O) also announced a similar cooperation agreement, agreeing to deploy an additional 2 million NVIDIA components. More importantly, Amazon also committed to using NVIDIA's connectivity technology in its self-developed chips.

According to CNBC, Gemini Space Station won a legal victory in August, with arbitrators ruling that the cryptocurrency exchange platform did not mislead users and is not responsible for the collapse of its Earn lending program. The claim was made by a user of the digital asset company's lending program Earn at the end of 2024. According to the ruling, there was insufficient evidence to prove that Gemini lied to customers or was negligent in its due diligence with its main lending partner, Genesis Global Capital.The Earn program was launched in 2021, allowing users to earn up to 7.4% annualized returns by lending cryptocurrency. Under this program, Gemini lent assets to institutional borrowers, with Genesis acting as an intermediary. However, in November 2022, Gemini suspended withdrawals from the Earn program, angering some of its more than 300,000 users. This move came shortly after Genesis suspended new loan issuance and redemptions due to a liquidity crisis caused by the downturn in the cryptocurrency market that year. After the freeze on Earn withdrawals, several customers filed legal complaints against Gemini. The New York Attorney General also sued Gemini over the Earn program and reached a $50 million settlement with the company in 2024.In February 2024, Gemini announced that the company had reached a "principled settlement" with Genesis and other creditors regarding the Genesis bankruptcy case. Three months later, Earn users received $2.18 billion in digital assets in physical form, equivalent to 97% of the digital assets owed to Earn users, which is $1 billion more than when Genesis suspended withdrawals in 2022.

On-chain analyst Willy Woo stated that currently about 4% of the global population holds S&P 500 assets, 4.5% hold gold, and 5% hold Bitcoin (BTC), and suggested that the future penetration rate of Bitcoin will determine its role attributes.He indicated that at a holder population percentage of about 5%, BTC is still primarily viewed as a financial asset; if this ratio rises to about 50%, it could signify the emergence of a pattern of "separation of money and state."

According to Cointelegraph, BitMEX founder Arthur Hayes (@CryptoHayes) recently expressed a bullish view on Ethereum, pointing out that ETH had previously been heavily sold off by the market and was almost "forgotten," but its ratio against Bitcoin has recently shown a significant rebound, which he believes is a signal of the market's reawakening.

The Ministry of Commerce and six other departments issued implementation opinions on promoting the expansion and upgrading of commodity consumption. The opinions point out the need to strengthen the research and development of key technologies and core components, and to expand the application of technologies such as brain-computer integration and artificial intelligence in fields like elder-friendly products and rehabilitation aids.Increase the promotion of high-quality products in the "Promotion Catalog of Elderly Products," and promote products such as exoskeleton robots, electric wheelchairs, smart mattresses, and equipment for health monitoring, incontinence care, transfer, and bathing into elderly households. Explore the establishment of a certification system for silver-haired products. Encourage commercial circulation enterprises to set up sales areas for elder-friendly products, and promote elder-friendly products into supermarkets, hotels, communities, hospitals, pharmacies, and elderly care institutions.

According to Caixin, Ant Group CEO and Alipay Chairman Han Xinyi elaborated on systematic insights regarding the global exploration path of AI payments at the China Payment and Clearing Forum. He stated that AI payments have essentially formed four exploration paths:The first category is represented by payment technology and infrastructure platforms like Stripe. The second category is represented by cryptocurrency companies such as Circle and Coinbase, which mainly rely on stablecoins and their wallet systems, using cryptocurrencies as a payment medium to directly support automated payment scenarios between machines. The third category is represented by traditional payment networks like the two major card organizations (Visa, Mastercard). The fourth category consists of AI platform companies such as Google and OpenAI.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.06 billion, with long positions totaling $3.386 billion, accounting for 47.95% of the holdings, and short positions totaling $3.674 billion, accounting for 52.05%. The profit and loss for long positions is $295 million, while the profit and loss for short positions is -$322 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently showing an unrealized profit and loss of $1.0762 million.

According to Citrini analyst Jukan, SK Hynix is working on diversifying the foundry suppliers for the substrate chips used in high bandwidth memory (HBM), which are constructed by vertically stacking multiple memory chips. It is reported that the company is considering outsourcing part of the substrate chip production for the seventh generation HBM, namely HBM4E, to Intel's foundry. So far, SK Hynix has relied entirely on TSMC for outsourcing substrate chip production.This move is seen as an effort to establish a multi-supplier foundry strategy to reduce the concentration of the supply chain on TSMC while enhancing SK Hynix's bargaining power in pricing. According to industry insiders on August 31, SK Hynix is advancing a plan where the substrate chips for HBM4E may be jointly manufactured by TSMC and Intel, potentially starting from the HBM4E generation.As the market expects the cost burden of substrate chips for HBM4E to further increase. Since HBM products are mainly covered by long-term supply agreements (LTA), SK Hynix also finds it difficult to immediately pass on the higher foundry costs to customers by raising product prices. Therefore, industry observers believe that if Intel ultimately joins SK Hynix's substrate chip supply chain, the company will gain more options in terms of cost competitiveness and supply stability.

The Cronos network associated with Crypto.com has paused operations after detecting an attack on the lending protocol Tectonic. The Cronos Network stated on the X platform that it has identified vulnerabilities on Tectonic and has paused the network. Tectonic also confirmed that it is investigating the related incident and advised users not to interact with the protocol until safety is confirmed. According to DefiLlama data, Tectonic had a total locked value of approximately $121.7 million before the incident, with active loans of about $82.7 million.On-chain researcher Weilin Li attributed the attack to price manipulation of the TONIC token. The attacker bought enough TONIC within 20 minutes to inflate its price by about 100 times, and then used the inflated tokens as collateral to borrow other assets from Tectonic, a method similar to the 2022 Mango Markets oracle manipulation attack. Li initially estimated that the attacker profited about $66 million, and later discovered another address controlled by a different attacker containing about $8 million, bringing the total estimate to around $75 million. Li also stated that the attacker only successfully bridged about $6 million to Ethereum, as the pause on the Cronos network prevented most affected assets from flowing out.Crypto.com CEO Kris Marsalek stated that the company's app and exchange were not attacked, and its security team is assisting Tectonic with the investigation.

The semiconductor and AI independent research organization SemiAnalysis released a deep security report on Neocloud (new cloud), revealing various cross-tenant security vulnerabilities discovered during the ClusterMAX 3 testing period. In a four-month test covering 25 vendors and 32 clusters, the team achieved multiple instances of cross-tenant remote code execution (RCE) solely by exploiting publicly known vulnerabilities and basic configuration checks. Affected entities included banks, telecommunications companies, universities, research institutions, AI laboratories, and even a national intelligence agency.Typical issues included: shared Kubernetes control plane leading to tenant metadata visibility, container escape, exposure of BMC/IPMI management networks, incorrect configuration of InfiniBand security keys (P_Key, SA_Key, M_Key), unfortified default trust mode of BlueField DPU, Grafana monitoring dashboards using god-level API keys, and lack of VXLAN isolation in front-end networks. The report specifically pointed out a cascading vulnerability case: a misconfiguration of shared vCluster combined with software versions being two years out of date ultimately completed the POC verification of cross-tenant RCE within an afternoon.Notably, the report questioned the mainstream narrative that "AI has fundamentally changed the pace of cybersecurity": statistics on CVEs for NVIDIA GPU drivers, CUDA, PyTorch, Kubernetes, Docker, and the Linux kernel showed that there was no significant increase in vulnerabilities after the popularization of AI coding models, with most data supporting the "no change hypothesis." The report also detailed the incident where an OpenAI-trained agent attacked Hugging Face, where the AI agent achieved cluster-level privilege escalation through a message board established via Artifactory, which went undetected from May to July. While building POC verification for existing vulnerabilities, the team found that Claude Fable and GPT-5.6 Sol frequently rejected security-related requests, ultimately relying on open-source models such as DeepSeek V4, Kimi K3, and GLM-5.2 to complete the task.SemiAnalysis stated that the core issue in the Neocloud (new cloud) industry is not the new risks brought by AI, but rather the long-term absence of basic patch management, tenant isolation, and security design. They recommended that vendors establish automated security announcement monitoring systems and rectify single points of failure that could expose all users' architectural patterns.

The Zcash full node client team, Zakura, has released Zakura Common, a set of cryptographic and protocol libraries for the Zcash ecosystem. Official benchmarks show that the proof generation speed on mobile has increased by over 14 times (over 5 times on desktop), Sinsemilla hash speed has increased by over 21 times, decryption trial speed has increased by over 1.5 times, and zk-SNARK verification speed has increased by 4 to 8 times; in many cases, the waiting time for wallet transaction creation can be reduced from over 3 seconds to under 200 milliseconds.This upgrade does not require a network upgrade and has been open-sourced under the MIT/Apache 2.0 dual license. Zakura 1.3.0 will switch to this technology stack.