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According to Bloomberg, ByteDance is preparing to launch an artificial intelligence model for real-time spatial video generation, with applications covering fields such as robotics and autonomous systems, and will compete with companies like Meta and Alphabet.Insiders say that ByteDance founder Zhang Yiming is personally overseeing the development of the model, coordinating multiple business departments within the company, and investing in artificial intelligence resources and computing power support. The model may be released as early as next month, but the specific timing is still subject to change.

The Bangko Sentral ng Pilipinas (BSP) has released a proposed announcement to suspend the acceptance of new applications for registration of payment system operators (OPS) for 12 months and to implement stricter controls on payment arrangements involving virtual asset service providers (VASP). The BSP stated that this move aims to conduct a comprehensive review of its classification and licensing framework.According to the draft, during the suspension period, the BSP will stop accepting and processing OPS applications. Applications submitted prior to the suspension can continue to be evaluated, but will not be approved or rejected until the suspension ends. Relevant entities are prohibited from conducting business activities that require OPS registration unless they obtain special authorization from the regulatory agency. In addition, BSP-regulated entities providing merchant acquiring services must connect licensed VASPs through direct merchant arrangements, and such relationships will be subject to enhanced due diligence, transaction and settlement limits, and other risk control measures.This requirement applies to virtual asset enterprises licensed, registered, or authorized by the BSP, the Securities and Exchange Commission of the Philippines, or other regulatory agencies, with VASPs being categorized alongside betting, gaming, adult industry, and money service businesses. If the draft is ultimately approved, it will take effect 15 days after publication, and the BSP is currently seeking public comments.

According to Caixin, the "Management Measures for Online Marketing of Financial Products" jointly issued by the central bank and eight ministries will officially take effect on September 30, 2026. The measures aim to clarify the boundaries between finance and technology, and do not completely prohibit the online promotion of financial products, but rather provide specific guidance and regulations for marketing activities. It is specified that marketing financial products through public accounts, live broadcasts, and short videos should be conducted on the self-operated platforms of financial institutions or on accounts legally established by financial institutions on third-party internet platforms.In addition, marketers must be employees of financial institutions, possess qualifications for engaging in related business, and obtain authorization and consent from financial institutions. This means that if Key Opinion Leaders (KOLs) want to promote financial products, they must be certified to do so.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 8.043 billion USD, with long positions at 3.836 billion USD, accounting for 47.7% of the total holdings, and short positions at 4.207 billion USD, accounting for 52.3%. The profit and loss for long positions is 472 million USD, while for short positions it is -542 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2220.62 USD, currently showing an unrealized profit and loss of -22.9387 million USD.

According to Bitcoin.com, the Chilean cryptocurrency exchange Orionx announced the cessation of operations and the suspension of user withdrawals. A forensic audit revealed that over 7 million dollars in custodial assets were transferred to wallets outside the company's control, creating a funding gap.Orionx accused two founding partners, Joaquín Díaz and Roberto Zibert, along with other former employees, of being involved in the related transactions and has reported the matter to the Chilean National Prosecutor's Office. The related complaint alleges that the transactions occurred between 2018 and 2021.The Chilean Financial Market Commission (CMF) stated that Orionx was not authorized to provide cryptocurrency financial services, and its operations did not comply with the provisions of the Financial Technology Law. Orionx stated that it could not guarantee users the recovery of all funds.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 7.83 billion USD, with long positions at 3.74 billion USD, accounting for 47.76% of the holdings, and short positions at 4.09 billion USD, accounting for 52.24% of the holdings. The profit and loss for long positions is 459 million USD, while the profit and loss for short positions is -522 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a full position at a price of 2220.62 USD, currently showing an unrealized profit and loss of -22.95 million USD.

This set of posts seems to be the first public exposure of James's formal relationship with Polymarket. Polymarket, as well as representatives from James and the 76ers, did not immediately respond to The Block's request for comment. Previously, James's free agency decision generated approximately $273 million in related contract trading volume across major prediction platforms, according to Legal Sports Report, surpassing any single basketball game; data from Front Office Sports indicated that the related trading volume on Kalshi was about $226 million, while Polymarket's international platform exceeded $43 million.Most traders bet on the wrong outcome: before the official announcement, the odds of the 76ers winning were only about 9%, while the Heat were around 45%. James subsequently signed a two-year, $8 million contract with the 76ers, which includes a player option. Additionally, James had signed a multi-year talent ambassador agreement with DraftKings in 2024. Some fans expressed criticism of James's collaboration with prediction platforms in social media comments.

The cross-chain protocol Router Protocol announced that after more than four years of development, it has decided to gradually cease operations and will fully shut down before September 30, 2026. The team stated that over the past two years, Web3 liquidity has remained scarce, the market focus has shifted to AI, the enthusiasm for cross-chain interoperability has waned, and the revenue from bridging services has been insufficient to cover costs. Although various paths such as commercialization, licensing, and acquisitions were attempted in the past year, no sustainable solution was achieved. Router Protocol will permanently destroy 303,333,198 ROUTE tokens pending in the treasury and will coordinate with centralized exchanges to delist ROUTE. Holders need to withdraw their tokens according to the arrangements of each exchange before the deadline. In addition, the project will not launch any new plans related to ROUTE and plans to open-source some technical components for community use.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 7.652 billion dollars, with long positions at 3.656 billion dollars, accounting for 47.78% of the holdings, and short positions at 3.996 billion dollars, accounting for 52.22%. The profit and loss for long positions is 396 million dollars, while for short positions it is -448 million dollars.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2220.62 dollars, currently realizing an unrealized profit and loss of -18.665 million dollars.

The G7 Cybersecurity Working Group stated in its latest report that quantum computing poses security threats to both public and private institutions, as well as economic threats, and relevant organizations should begin migrating to post-quantum cryptography (PQC) immediately. The working group noted that the migration process could take several years, and attackers can currently collect and store encrypted data to decrypt it once sufficiently powerful quantum computers become available.Quantum computing may also break digital signatures, leading to identity theft and exposing businesses and their supply chains. The report did not mention cryptocurrencies, but similar public key cryptography is used for blockchain wallets and transaction authorizations. Currently, quantum computers are unable to break Bitcoin's cryptography, but developers are considering post-quantum solutions such as BIP-360. Ethereum researchers plan to replace several cryptographic components used by accounts, validators, and applications. The Solana Foundation has tested post-quantum signatures on its testnet and launched an optional hash-based vault. The G7 working group also urged governments to support relevant research, public-private collaboration, and national PQC strategies.

Blockchain-native fintech startup OpenReserve has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than five months, with OpenReserve submitting its application on April 13.OpenReserve must raise at least $210 million in initial paid-in capital within 12 months and maintain a leverage ratio of at least 12% for three years after opening; it must also commence operations within 18 months, or the approval will become invalid. The relevant deadlines are September 2027 and March 2028, respectively. OpenReserve plans to offer tokenized deposits, fund management, foreign agency services, and banking-as-a-service for institutional clients. The full-service national bank license will allow for deposit-taking and lending activities once final approval is granted.OpenReserve previously completed a $25 million seed round financing, led by a16z crypto, with participation from Coinbase Ventures, Jump Capital, and Wintermute Ventures. The company intends to establish a wholly-owned subsidiary to issue and redeem dollar-denominated, reserve-backed stablecoins, but this subsidiary has not yet submitted an application to the OCC.

The Central Cyberspace Affairs Commission, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, and the Ministry of Commerce jointly issued the "Implementation Plan for Promoting Coordinated Transformation and Development of Digitalization and Greening (2026-2030)", proposing to advance the coordinated transformation of digitalization and greening during the "14th Five-Year Plan" period.The plan emphasizes empowering green and low-carbon transformation with digital intelligence technology, achieving low-cost and high-efficiency applications of artificial intelligence by 2030, significantly improving the energy efficiency of computing facilities and 5G base stations, promoting renewable energy electricity consumption in key areas such as computing facilities to reach the responsibility weight level of the respective provinces, and deepening the digital and green applications in agriculture, manufacturing, trade, consumption, and urban operation, strengthening intelligent governance of the ecological environment and digital carbon management, and solidifying the foundation for coordinated dual transformation and international cooperation.

According to South Korean media Greened.kr, Samsung Electronics and Arm have officially launched a joint research and development project for edge AI chips. Arm approved a one-time engineering fee at the end of August for the development of the next-generation edge AI SoC chip and officially started the project with Samsung Electronics.The project adopts a collaborative model where Arm provides core technology, and Samsung Electronics integrates and implements it, aiming to jointly develop customized chips for end customers.

The People's Bank of China Open Market Operations Office announced that to maintain ample liquidity in the banking system, on September 7, 2026, the People's Bank of China will conduct a reverse repurchase operation of 500 billion yuan using a fixed amount, interest rate bidding, and multiple price level bidding method, with a term of 3 months (89 days), maturing on December 5, 2026 (postponed in case of holidays).

According to Bloomberg, citing informed sources, Binance announced in June plans to exit the European Union, and the market generally expected it to be forced out due to not obtaining a MiCA license. However, the July 1 deadline has passed, and Binance is still maintaining operations in the EU through various means.European Central Bank President Christine Lagarde personally intervened to push for Binance's application, which was not approved, and Binance has withdrawn its license application in Greece. Previously, users in six EU countries with local entities were asked to migrate away from the platform, and some users later regained trading access through "reverse solicitation" clauses. Binance has also routed some EU users' trades to its Abu Dhabi entity, which is under different regulations.Currently, the European Securities and Markets Authority has sent a letter requesting confirmation of its orderly exit progress. Binance stated that it is committed to achieving long-term compliant operations under the MiCA framework. Data shows that its global spot trading volume share exceeds 45%, with the euro-denominated trading share around 3% to 4%, which has not changed significantly from before.

According to CoinDesk, the Bitcoin-to-gold ratio has risen to 18.17, the highest level since January of this year. This means that one Bitcoin can now purchase just over 18 ounces of gold. The current Bitcoin price is approximately $81,000, which has not only increased in dollar terms but has also outperformed gold, a hard asset with a history of hundreds of years.The simultaneous rise of both assets stems from market concerns that governments may dilute debt through currency devaluation. With the exception of Switzerland, all major developed economies have a debt-to-GDP ratio exceeding 100%, with the United States leading in terms of basic deficits. U.S. Treasury Secretary Scott Benset stated at the G20 finance ministers' meeting, "The world is awash in debt... The only way out of this predicament is growth."Bitcoin bull and SkyBridge Capital founder Anthony Scaramucci posted on X that Benset's remarks inadvertently promoted Bitcoin: "Benset stood in front of the G20 and said the world is awash in debt; that’s the entire selling point of Bitcoin. The 20 finance ministers just released the best Bitcoin advertisement of the year, even though they did not intend to." Bitcoin exists outside the traditional financial system and, unlike fiat currencies such as the dollar, yen, and euro, cannot be devalued by policy decisions.

According to Blue Whale News, from Changxin Technology, ByteDance and ZTE have jointly developed a new generation of Doubao phone------Nubia NaviX Ultra, which will be equipped with Changxin's highest speed LPDDR5X memory at 10667Mbps. The official statement indicates that this is also the first time that domestically produced 10667Mbps high-speed LPDDR5X memory chips have achieved mass production and application.Previous news reported that the Nubia "Doubao phone" has completed network filing and will be mass-produced and launched in September.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.653 billion, with long positions totaling $3.684 billion, accounting for 48.14% of the holdings, and short positions totaling $3.969 billion, accounting for 51.86%. The profit and loss for long positions is $460 million, while the profit and loss for short positions is -$517 million.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of $2,211.46, currently showing an unrealized profit and loss of -$23.109 million.