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According to CCTV Finance, Suiruan Technology will launch online subscription on the Shanghai Stock Exchange's Science and Technology Innovation Board on September 2, with the stock code 688801 and online subscription code 787801. It plans to issue approximately 43.04 million shares, accounting for 10% of the total share capital after issuance, raising 6 billion yuan for the research and development of fifth and sixth generation AI chips and collaborative projects for artificial intelligence hardware and software.Suiruan Technology, along with Moore Threads, Muxi Co., and Birun Technology, is collectively known as the "Four Little Dragons of Domestic GPUs." The other three companies have already gone public, with their closing price increases on the first day of listing being 425.46%, 692.95%, and 75.82%, respectively. Suiruan Technology's revenue for 2023 to 2025 is projected to be 301 million, 722 million, and 990 million yuan, with a three-year compound growth rate of 81.32%.

Real Trump Coins, associated with Trump, denies issuing, promoting, or authorizing any digital tokens, including the Trump Digital GOLD token, which collapsed shortly after briefly appearing on its online channels, attributing the promotional activity to "malicious third-party actors." Previously, Real Trump Coins' X account promoted this Solana-based token on Saturday and directed users to the RealTrumpCoins.com website; the related posts were later deleted, and the account now links to another domain, TrumpCoins.com.Real Trump Coins stated on the X platform: "Trump Coins has never authorized, nor will it issue, promote, or authorize any digital tokens," and indicated that it is cooperating with relevant authorities to investigate the matter. At the time of the statement, the issuance of the GOLD token was highly concentrated; according to on-chain analysis platform Lookonchain, developers and newly created wallets controlled 82.45% of the token's supply, with 15 wallets associated with the team having sold approximately $330,000 worth of holdings, realizing a profit of about $312,000.As of the time of publication, the RealTrumpCoins.com website still displays promotional information for the GOLD token, and Trump himself continues to follow Real Trump Coins' X account, which is one of the 53 accounts he follows.

The decentralized oracle protocol Switchboard tweeted that there were reports last night about a possible intrusion on the Switchboard network implemented in the Move language. Contributors have coordinated with relevant teams and security organizations to suspend the Switchboard network on Aptos, Sui, Iota, and Movement.Although there have not been similar reports of an intrusion on the Solana implementation, users are advised to migrate to other alternatives at least temporarily as a precaution, while the issue is under investigation. More details will be announced later.

Changxin Storage filed a lawsuit against the U.S. Department of Defense on August 28, Eastern Time. Changxin Storage stated that the company filed a lawsuit in the U.S. District Court for the District of Columbia, accusing the U.S. Department of Defense of mistakenly listing it as a "Chinese military enterprise," with the company first being named in January 2025. Changxin Storage is not a military enterprise; it only researches and produces DRAM (Dynamic Random Access Memory) products for commercial and civilian use, and they are not used for military purposes.

According to Cointelegraph, the California Senate passed Assembly Bill 2409 (AB 2409) with a vote of 40 to 0, followed by the California Assembly agreeing to the Senate amendments with a vote of 78 to 0. The bill has now entered the signing stage, awaiting the governor's decision.The bill will prohibit digital asset service providers from offering meme coins issued or co-issued by federal officials or state and local officials to California residents after January 1, 2027. The bill defines meme coins as digital assets whose value primarily derives from public interest, speculation, or community participation.Meanwhile, according to consumer rights organization Public Citizen, investors in the TRUMP meme coin related to former President Trump have incurred a cumulative loss of approximately $3.2 billion. The Trump family's cryptocurrency business is also considered an obstacle to the advancement of the U.S. Digital Asset Market Clarity Act (CLARITY Act).

U.S. Federal Judge Rita Lin issued a partial summary judgment in a 59-page ruling regarding Anthropic's lawsuit against the Trump administration, determining that the government's punishment of Anthropic for publicly refusing to allow the military to use its Claude large model for mass surveillance of U.S. citizens and lethal autonomous operations constituted illegal retaliation, violating the First Amendment, due process clause, and the Administrative Procedure Act. The judge also revoked the related designations and Defense Secretary Hegseth's injunction, issuing a permanent injunction.The controversy arose from the Pentagon's demand that Anthropic remove all usage restrictions and accept terms allowing "all lawful uses," while Anthropic maintained its last two bottom lines. On February 27, 2025, Trump ordered all federal agencies to cease using the company's technology, and Hegseth subsequently prohibited any military contractors from doing business with it. During this process, the government abandoned its core claims, acknowledging that Anthropic had no backdoor access to the deployed models and that the risks of Claude were no greater than those of other "black box" systems. Lin pointed out that the government's punishment under the guise of "national security" was not a blank check, and that the government had been operating under the preliminary injunction since March without indicating any harm.Anthropic did not achieve a complete victory, as its claim that Trump's directive exceeded presidential authority was dismissed. Anthropic informed the court that if the relevant measures continued, its defense-related revenue would decrease by 50% to 100%, resulting in a loss of billions of dollars in overall revenue by 2026.

According to Bitcoin.com News, the "Meme Coin" regulatory bill in California has been passed by the state Assembly and Senate. The bill prohibits public officials and employees from issuing Meme Coins and bans the launch of such tokens aimed at California residents starting January 1, 2027. The AB 2409 bill has now been sent to the governor for signing.

Jing Tian responded on Weibo, stating: "I will never sell my love for money, now, in the past, or in the future, nor will I sell my soul. I still believe in love, I still have poor judgment, and I still lack wisdom. But I believe in the law, believe in kindness, and believe that justice and fairness will ultimately prevail. Time will prove everything."Previously, Sun Yuchen's attorney Zhang Qihuai released a statement of the case facts, indicating that Sun Yuchen has filed a civil lawsuit against Jing Tian and her parents as defendants, involving a subject matter of over 30 million yuan. The case has been legally filed, and the plaintiff has applied for property preservation.

According to Sina Entertainment, Sun Yuchen's attorney Zhang Qihuai has stated that Sun Yuchen has filed a civil lawsuit against Jing and his parents regarding a property dispute, with the amount in question exceeding 30 million yuan. The case has been officially filed in accordance with the law.The plaintiff has applied to the court for property preservation. After the case was accepted, the defendant Jing raised a jurisdictional objection, which is currently under review by the court. The case has not yet entered the substantive trial stage, and there is no final judgment result at this time.It is reported that Zhang Qihuai is a well-known lawyer in the country, having represented high-profile cases such as Wang Baoqiang's divorce case, the second trial of Li Tianyi's case, and Sun Yang's doping case. Zhang Qihuai stated in a recent Weibo post that he will participate in this case as the attorney, but there has been no confirmation from Sun Yuchen's side regarding this identity.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that both the RWA and AI sectors are currently very strong. Stablecoins, centralized exchanges, decentralized exchanges, and Meme tokens, which have been growing, will continue to grow, and NFTs may return in some form. It is difficult to predict what the next breakout point will be, just as it was impossible to predict the coin issuance craze at the beginning of 2017 and the NFT craze six months before it exploded; these all require entrepreneurs to create.He also mentioned that the funds used by billions of AI agents for automated buying, selling, negotiating, and trading in the future will definitely be cryptocurrencies, likely starting with stablecoins, and then gradually integrating other public chain assets like Bitcoin. He has discussed the possibility of issuing tokens with several top AI companies, as building data centers requires huge amounts of capital, with the cost of 1 GW of computing power being about $30 billion to $50 billion. Some AI companies plan to build hundreds of GW of computing power in the coming years, so they are considering issuing data center tokens that would allow holders to gain rights to use computing power in the future. Additionally, the payment scenarios for AI agents may be implemented later than trading scenarios; currently, AI companies are more focused on helping agents find optimal trading solutions, while trading scenarios require AI to process information quickly, which can increase trading efficiency by about ten times.

According to Digital Asset, South Korean cryptocurrency exchange Bithumb won the first instance of a lawsuit regarding the "misissued Bitcoin" incident, with the court ruling that users who sold the misissued Bitcoin must return approximately 194 million won (about 145,000 USD).In February of this year, Bithumb faced a huge controversy after erroneously distributing 620,000 Bitcoins (worth about 5 billion USD at the time) as activity rewards. Subsequently, Bithumb initiated a recovery program and reported in March that 99% of the misissued Bitcoins had been recovered. This ruling is the first in four lawsuits filed against users who have not returned the funds, and the likelihood of Bithumb winning the subsequent three lawsuits has also increased. The basis for the court's ruling and whether the defendants will appeal have not yet been disclosed.

The Sui development team co-founder of Mysten Labs, Kostas Kryptos, stated that Havenex is undergoing Series A financing and is about to complete it. All necessary license applications and some additional license applications have been submitted, and the financing amount is also close to being fully allocated.Havenex is not positioned to become another Coinbase, Binance, Bybit, or Kraken, but rather to provide infrastructure for financial institutions, enabling them to offer digital assets and traditional financial assets to clients while meeting regulatory, custody, security, and transparency requirements. Havenex plans to support a multi-chain architecture, verifiable custody, continuous solvency proof, default multi-signature, quantum-resistant keys, hardware two-factor authentication wallets, as well as self-custody and key loss protection mechanisms; in regions where regulations allow, it will also support privacy assets and RWA. The project will use Sui technology in suitable scenarios while integrating assets, bridging protocols, and foundational components from other ecosystems.The concept of Havenex was proposed by him, and he will currently participate as an advisor, but Mysten Labs and Sui remain his main focus. He stated that the project aims to establish transparency and security standards different from those of FTX and Mt. Gox, and to reduce the serious vulnerability risks caused by code generated by large language models recently.

Mizuho analyst Vijay Rakesh stated that NVIDIA's second-quarter earnings exceeding expectations has become a consensus, with the market focusing on AI spending outlook. Rakesh expects NVIDIA's adjusted earnings per share to be $2.08, with revenue at $92 billion, and the actual figures may be higher. He maintains a "Outperform" rating and a target price of $300.

According to BBX data, yesterday global digital asset funds, compliant financial infrastructure, and institutional merger and acquisition transactions disclosed the latest official ledgers and capital flows. The core dynamics are as follows:Grayscale Zcash spot ETF officially listed on the NYSE Arca: Grayscale's Grayscale Zcash Trust has officially completed its conversion and is now trading as a spot ETF on the New York Stock Exchange Arca, with the stock code "ZCSH". A Grayscale spokesperson stated that the management fee for this ETF is 2.5%, and all income generated will be reinvested into the Zcash ecosystem to promote and enhance the infrastructure and broader development of this privacy network.tZERO and Sui reach strategic cooperation to connect compliant securities infrastructure in the US stock market: Leading blockchain financial infrastructure platform tZERO announced a strategic partnership with the public chain Sui. tZERO will provide full-process support for regulated digital asset securities trading within the Sui ecosystem, covering asset issuance, transfer agent, asset custody, secondary matching transactions, compliance review, and clearing and settlement, significantly expanding Sui's ability to access US domestic financial infrastructure that meets institutional standards.Crypto custodian Copper receives a $200 million potential acquisition offer, valuation down over 90% from peak: The UK-based veteran crypto custodian Copper, once valued at $2.5 billion, has recently attracted interest from new potential buyers, but the acquisition offers received so far are only about $200 million. This valuation not only has significantly decreased but is also far below the $500 million acquisition intention proposed by Cantor Fitzgerald a few months ago, reflecting the valuation pressure in the institutional custody sector amid the transition between bull and bear markets and regulatory reshuffling.RockawayX plans to raise $150 million for a new liquidity fund: Digital asset investment firm RockawayX, which manages approximately $2 billion in assets, announced that it is currently seeking to raise $150 million for its new "Liquidity Opportunity Fund." Previously, RockawayX successfully completed the full acquisition of the crypto hedge fund Relayer Capital, continuously expanding its layout in the secondary market and liquidity strategies.

According to informed sources, Meta Platforms has discussed the possibility of reaching a settlement during court proceedings with the attorneys general of multiple states in the U.S. The case accuses Meta of designing Facebook and Instagram to be addictive for teenagers, facing a maximum fine of $1.4 trillion.

According to Financewire, blockchain financial infrastructure company tZERO Group announced a strategic partnership with the Sui blockchain to directly integrate the Sui network, providing issuance, transfer agency, custody, trading, compliance, and settlement support for regulated digital asset securities.This integration will allow Sui to access tZERO's regulated trading, custody, and issuance framework in the United States, supporting the development of institutional-grade tokenization projects; at the same time, tZERO will also engage with developers, builders, and decentralized finance projects within the Sui ecosystem. tZERO stated that Sui's object-centric architecture and high-performance network will help drive the development of the next generation of on-chain regulated financial applications.

Former Hack VC partner and platform head [Hsin-Ju](https://www.rootdata.com/zh/member/Hsin-Ju C.?k=MTUzMjc=) stated that he decided to refuse a settlement agreement that required him to remain silent, preferring to accept a $0 compensation, and has fired his lawyer. He plans to publicly disclose all evidence from his time at Hack VC on August 26 (Wednesday). Hsin-Ju mentioned that he has worked in the crypto industry for 9 years, having been employed at Stellar, Solana, and Fhenix, and that last year during his time at Hack VC, he repeatedly requested to leave due to severe medical emergencies (including Graves' disease, hyperthyroidism, and severe insomnia). However, he was threatened by partners that if he left before completing relevant meetings, he would be blacklisted in the industry, forcing him to work continuously under extreme pressure, which ultimately led to a suicide attempt.Hsin-Ju stated that after the suicide attempt, he expressed in writing that he had no intention to sue and only wished to leave without retaliation. However, Hack VC subsequently had issues with his COBRA health insurance for nearly 4 months, which were only resolved after a lawyer intervened. During the legal process, they continued to attempt to harm his interests through lawyers and employees. Currently, both parties' lawyers are prepared for private mediation and settlement, but he is unwilling to exchange silence for money and chooses to speak out. Hsin-Ju emphasized that he performed well during his employment, having received raises and bonuses, and that the lawsuit is not about money, fully aware that he may face adverse consequences when confronting an institution of $600-700 million scale.Hack VC responded that they are aware of the former employee's statement and express deep concern for his health, but there are significant differences in understanding of the events, and they are currently unwilling to publicly discuss details to respect his privacy.

Phantom and Sui have decided to stop supporting Sui on Phantom on September 24 and will keep the possibility of exploring other collaborations in the future.Before September 24, users can migrate their wallets to other applications that support Sui, or exchange Sui for other assets supported on Phantom, and Phantom will waive the fees.

Tron founder Justin Sun stated that his lawsuit against World Liberty Financial (@worldlibertyfi) superficially involves a commercial dispute of $45 million and 4 billion tokens, but fundamentally concerns the founding principles of blockchain. He pointed out that the industry is built on the principle of "your keys, your coins," meaning that everyone can truly own their assets without permission.Justin Sun indicated that the case exposes the other party's secret embedding of the power to arbitrarily freeze user assets in the contract, which was not disclosed, lacked governance, and lacked procedures, and was exercised within days of unlocking their tokens. He believes this contradicts the name of "freedom"; if the issuer can confiscate holders' assets at any time, blockchain will be no different from the old world. He will pursue the lawsuit to the end, not only to recover assets but also to establish a precedent in court that "your assets must truly belong to you."