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According to GlobeNewswire, ENA Treasury Company StablecoinX has appointed Christopher Jensen as Chief Executive Officer, effective immediately. At the same time, Jensen has also been appointed as a member of the company's board of directors.After taking office, Jensen will be responsible for the daily management of the company's three major business lines, which are infrastructure services, infrastructure software, and distribution services. In addition, he will also be responsible for StablecoinX's capital management strategy. The company currently holds approximately 3.03 billion ENA tokens, accounting for about 20% of the total supply of ENA, making it the largest corporate holder of Ethena governance tokens.

The cryptocurrency exchange Gate has launched an on-chain trading product called "Gold Dog," covering multiple public chains such as Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting on-chain assets like Meme and small tokens.The buying and selling fees for this product are both 0.5%. Users trading Robinhood Chain on-chain assets can enjoy a limited-time exemption from network fees. Users can directly use their Gate account assets for on-chain trading without the need to create or connect a wallet, frequently transfer assets, or switch networks, and can check real-time market data and K-line charts through token names or contract addresses."Gold Dog" will also support features such as Callout rankings, KOL rankings, and active account displays.

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.

The U.S. publicly traded company Hyperscale Data has terminated all Bitcoin mining operations at its Michigan facility to convert the site into infrastructure for artificial intelligence data center clients. The company stated on Wednesday that all Bitcoin mining machines in the facility have been shut down following an inspection by an unnamed California neocloud provider, and plans to sell the related mining equipment.Hyperscale Data stated that the client has signed a 10-year master service agreement, contracting 20 megawatts (MW) of AI computing power, with two optional extensions of 5 years each. The company estimates that this agreement could generate over $1.2 billion in revenue over the maximum 20-year term, and if the client exercises an additional 32 MW option, potential revenue could exceed $3 billion, while the site is expected to ultimately support 340 MW. However, the company also cautioned that its expansion plans are still in the preliminary stages and depend on financing, approvals, and other risks.Meanwhile, Hyperscale has significantly reduced its Bitcoin holdings to fund AI construction. Affected by the company's completion of a four-for-one reverse stock split and other factors, its stock price closed at $0.1984 on Wednesday, down about 17%, marking a record low adjusted for the stock split. According to BitcoinTreasuries.NET data, the company currently holds approximately 215 Bitcoins, valued at about $16.7 million, a decrease of about 79% from around 1,006 at the end of July, ranking 84th among publicly traded companies tracked on the platform.

According to Bitcoin News, the Bitcoin mining pool OCEAN has officially stopped supporting the BIP-110 fork chain, citing limited mining activity and the transition to the Blake2b proof-of-work mechanism. OCEAN stated that it will not adopt or support the BIP-110 hard fork and will not continue to pay BIP-110 block rewards.The BIP-110 chain stalled after the user-activated soft fork attempt failed on August 8, and the mining rewards post-fork became unusable due to not reaching 100 confirmations. OCEAN stated that these rewards have been permanently frozen at BIP-110 block 961,639. Miners hoping to continue supporting BIP-110 have been directed to CONVOY Mining, which plans to support the Blake2b hard fork and continue the BIP-110 share record.

According to Ember Monitoring, the slight market pullback in the past hour has triggered stop-losses on some of Majid's high-leverage positions, resulting in a loss of approximately 1.5 million dollars. Subsequently, he began to gradually add back positions.Ember stated that its high-leverage rolling strategy is prone to frequent stop-losses in volatile markets due to the proximity of the liquidation price, with account funds decreasing from about 11 million dollars a few days ago to the current approximately 6.5 million dollars. Currently, he holds about 100 million dollars in long positions of ETH and about 10 million dollars in long positions of BTC.

OpenAI announced the end of its nearly four-year collaboration with Cursor. Subsequent OpenAI new models will no longer be integrated with Cursor, and the direct supply of existing models is scheduled to stop on November 12, 2026. Two weeks prior, SpaceX completed a $60 billion acquisition of Cursor, and according to the contract between the two parties, OpenAI has the right to terminate the collaboration after Cursor's acquisition.OpenAI stated that this decision is related to its trust issues with Musk's company, mentioning the violation of the contract with OpenAI after Twitter's acquisition, as well as previous violations by xAI in using OpenAI models. Based on this, OpenAI believes that continuing to provide new models to Cursor after its acquisition by SpaceX poses risks.

Due to the emergency shutdown of the ThunderCore network, UPBIT will stop supporting withdrawals of ThunderCore (TT) at 09:00 on September 1, 2026, and will also advance the end date for trading support of the TT/KRW and TT/BTC trading pairs to the same day.

According to Ai Yi's monitoring, a certain whale was liquidated after shorting a position of $38.07 million in BTC with 20x leverage, losing $288,000 after holding the position for about 60 hours.Since switching to a short strategy on August 19, this address has failed to trade for the 16th consecutive time, with a total loss of approximately $5.25 million in the past month.

Matthew Gould, the founder of Unstoppable Domains, stated that the company did not submit an application for its Web3 top-level domains in ICANN's 2026 expansion round and will refund customers who purchased related domains. Gould mentioned that the compliance, application, and bidding costs of incorporating Web3 domains into the ICANN system exceeded the company's expected recoverable sales. This move ends the company's commitment since 2019 that domains like .crypto and .wallet would eventually be resolvable in standard browsers.The application window for this round of ICANN opened on April 30 and closed on August 12, receiving over 1,600 major applications. Gould stated that customers have been notified via email, but the list of affected extensions and refund terms have not been disclosed. Some holders questioned the scope of the refunds, claiming they held the domains based on Unstoppable's commitment to advance the ICANN application. Gould responded that Web3 domains will still serve as on-chain assets for cryptocurrency transactions.Unstoppable continues to participate in ICANN activities as a service provider and previously announced a partnership with Telegram to apply for the .gram domain. Meanwhile, ENS has chosen a different path, with token holders approving the restructuring of the ENS Foundation to pursue the .ens top-level domain in ICANN, but ENS will not apply for .eth, as it is reserved for ISO 3166-1 country codes.

According to Glassnode analysis, Bitcoin has rebounded about 26% since the mid-August low, with a net inflow of $2.23 billion into U.S. spot Bitcoin ETFs during the same period, marking the strongest seven-day inflow of the year, with no single day of outflows. The amount of Bitcoin on exchanges has decreased, while various wallet sizes have simultaneously accumulated. The upcoming supply is concentrated in the $81,000 to $86,000 range, which overlaps with hotspot costs, re-listed sell orders, market maker gamma flips, and short liquidations.Glassnode states that this round of increases was ignited by the record short squeeze on August 19, with 85% of liquidations within the squeeze window being shorts, representing the largest single-day short liquidation since 2019 according to their statistical criteria. The open interest in futures has decreased by 11% in terms of coins, and the funding rate is close to neutral, indicating that the market is mainly driven by short stop-losses rather than new long leverage chasing the price up. Options pricing suggests that the market may maintain until late September, with attention on approximately $83,300 above and the $70,000 cost area and $62,000 to $65,000 support below.

HyperliquidNews posted on the X platform that tracking stop-loss orders have been launched on the test network.

According to the Gate platform's Hong Kong stock market data, Yingxing Holdings (01440) rose by 18.55%, currently reported at HK$16.10; Kantarong (01912) rose by 18.23%, currently reported at HK$2.01; Kylin Pharmaceutical (06821) increased by 18.18%, currently reported at HK$131.30.

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.

According to Electrek, Tesla (TSLA.O) has stopped producing solar roof tiles due to economic feasibility challenges.

On August 20, the B.AI platform DeepSeek-V4-Flash zero-threshold free access event continues. B.AI upholds the vision of "Inclusive Computing Power" and is committed to building a globally leading one-stop AGI infrastructure, continuously lowering the threshold for AI use, allowing developers and Web3 users to easily experience, build, and deploy Agentic applications.Relying on the one-stop AGI infrastructure, B.AI aggregates cutting-edge model matrices from around the world, with built-in intelligent routing to optimize costs and efficiency; stably supporting high-throughput scenarios such as millions of long contexts and Agent workflows; elastic API routing balancing production-level high availability and extreme cost-effectiveness; Web2/Web3 dual channels bridging crypto assets and fiat currency settlement. Currently, DeepSeek-V4-Flash is continuously available for free on both Web and API ends, with $0 access to top model capabilities.

According to on-chain analyst Ai Yi's monitoring, a certain whale stopped loss 300 BTC 40 minutes ago, incurring a loss of $9,065. This is the fourth stop loss since opening the position on August 5, with a total realized loss of $988,000.Currently, this whale has 1,700 BTC in short positions remaining, valued at $108 million, with an unrealized profit of $96,000, and a liquidation price of $63,710.5.

Binance founder Zhao Changpeng stated at Binance Square: Too many people are trying to overinterpret "What does this mean?" Today, I tested Trust Wallet and found too many Meme tokens in the wallet, so many that it was hard to even find BNB, so I tried to burn some tokens. As a result, even this action sparked quite a bit of community discussion. I realized that I could never "clean up" the meme coins on this address. The more I burn, the more people will send coins to this address. The transparent nature of blockchain means that any action on this address will be overinterpreted by the community.I even considered asking the Trust Wallet team to create an "Ignore Coin" feature to avoid cluttering the interface, but 99.99% of people wouldn't use this feature at all. So the plan is as follows: I will donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy. After that, I will stop using this address and turn it into a burn address.