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According to Hyperbot data, the whale Loracle continues to increase its position in the 3x leveraged PONS short, currently holding 25,747,236 PONS, with a position value of approximately 21.078 million USD.

Galaxy Research published that the attackers in the Coldcard "Wave 3" attack are still continuously transferring the stolen funds. During this phase, the attackers created 293 2-of-2 multi-signature wallets for each victim's assets. The first batch of funds was transferred across chains to Ethereum via THORChain; the latest round of transfers has begun entering the CoinJoin mixing process.Currently, the Wave 3 attackers are processing the largest amounts of stolen funds in order of the stolen amount, having sequentially transferred the funds from wallets ranked 1 to 11. The next 10 wallets that have not yet been transferred hold a total of 30.81 BTC, while wallets ranked 61 to 293 hold a total of 33.77 BTC. So far, the attackers have transferred about 45% of the stolen assets from this exploit, with funds flowing to Ethereum (via THORChain) or entering CoinJoin mixing transactions. Additionally, this fund transfer has revealed a previously unknown wallet: 58 addresses jointly spent in a 2-of-2 multi-signature format identical to that of Wave 3, and these were further transferred by the Wave 3 attackers to a jump address that funds CoinJoin.The on-chain analysis team currently marks this wallet as "cause = open," but believes it likely also belongs to Coldcard victims, which means the number of wallets involved in Wave 3 may increase to 294, raising the previously reported total amount stolen from the Coldcard vulnerability to approximately 1806 BTC. Currently, about 82% of the stolen BTC remains in addresses initially controlled by the attackers, while about 18% has been transferred, with the flow of funds indicating that it may be undergoing laundering processes.

OpenAI Chief Scientist Jakub Pachocki published an article titled "An Alien Mind" on September 6, 2026. The article reviews the results of the RLSlow research project, which emerged in mid-2023, demonstrating the first scalable training of reasoning models. It states that three years later, reasoning language models have become part of rapid economic growth, beginning to push scientific boundaries, capable of operating computers and graphical interfaces, collaborating with humans and other AIs on research projects, while also changing the landscape of computer security and introducing new dangers.The author anticipates that the current pace of progress may continue towards recursive self-improvement based on internal results. If AI development continues along the current path, systems may experience equivalent or greater leaps in capability in the coming years, increasingly driving their own development. The author calls for extreme caution, believing that no one is prepared to deal with the consequences of the rapid rise of machine intelligence. OpenAI will continue to seek technical solutions for alignment and monitoring, build defensive systems, and unilaterally halt further scaling when necessary, but believes broader intervention is needed.The article states that machine intelligence is primarily driven by increased computational power, with AI growing more than being designed. In terms of alignment, it distinguishes between goal alignment and value alignment, with the core challenge being generalization. GPT-6 Astra shows significantly better alignment than GPT-5.6 Sol, but more progress is still needed. In monitoring, the focus is mainly on chain-of-thought monitoring, with assessments showing that reliance on capabilities is gradually weakening. In terms of scalable defense, models are becoming superhuman in breaking into computer systems, currently in a narrow window where using the best available models significantly enhances the security of critical systems.

According to on-chain analyst Yu Jin's monitoring, the suspected largest HYPE holding institution of a16z continued to buy HYPE today. This institution previously spent 66.4 million USDC to purchase 816,000 HYPE at an average price of 81.3 dollars a week ago; 8 hours ago, it transferred 13.05 million USDC to Hyperliquid and purchased HYPE through a TWAP method.Currently, this institution has bought and staked 5.201 million HYPE, worth approximately 445 million dollars, with an average purchase price of about 67.2 dollars, and the current floating profit is approximately 95.18 million dollars.

According to Onchain Lens monitoring, a certain whale execution wallet has accumulated the purchase of 155,980 HYPE, worth approximately 12.91 million USD, at an average price of about 82.77 USD, without selling any HYPE.The accumulated HYPE has been transferred to another wallet and staked, while the execution wallet still has about 4.34 million USD in USDC available and continues to buy.

Bitcoin is currently hovering around the $78,000 mark, with a 24-hour decline of 0.04% and an increase of about 1% over the past week. The overall cryptocurrency market is under pressure due to the strengthening dollar and changes in interest rate expectations, with Solana and Dogecoin leading the decline at around 2%, followed closely by Hyperliquid and XRP; Ethereum, BNB, Zcash, and TRON are basically flat.Meanwhile, the yen has fallen below the 160 mark against the dollar and is trading near the Tokyo market. Market strategists believe that a further depreciation of the yen to around 161 could trigger intervention, while the 162 to 163 range may face stronger intervention pressure. Previously, after Federal Reserve Chairman Waller's speech in Jackson Hole, market expectations for rising U.S. interest rates have heated up, leading bond investors to start pricing in the possibility of a Fed rate hike, which in turn strengthened the dollar.This round of interest rate expectation repricing has previously led institutional funds to withdraw from Bitcoin ETFs. The market will focus on the monthly fund flows of Bitcoin ETFs.

On August 28, the U.S. spot Bitcoin ETF recorded a net outflow of $201.9 million, ending a nine-day streak of net inflows since mid-August. According to SoSoValue data, this reversal reduced the cumulative net inflow to approximately $55.1 billion, with total net assets of about $93.9 billion. Decrypt's ETF flow tracker turned the Bitcoin sentiment reading to "bearish" on that day.The previous strong performance was particularly remarkable: the Bitcoin ETF had accumulated inflows of $2.8 billion during an eight-day rally, during which Bitcoin briefly tested the $80,000 mark and recorded the largest single-day inflow since May, with a peak single-day inflow exceeding $600 million on August 20. In contrast, the Ethereum ETF showed no signs of weakness, with a net inflow of $102.1 million on August 28, extending its streak of inflows to ten days, with a cumulative net inflow of approximately $12.9 billion and total net assets of about $13.8 billion.As the flow of funds diverged, Bitcoin fell back due to hawkish remarks from Federal Reserve Chairman Kevin Warsh at Jackson Hole, after a rally that had pushed prices close to $80,000. Over the weekend, Bitcoin rebounded to around $79,000. Analysts pointed out that the single-day outflow relative to the fund's cumulative size remains moderate, and the interruption of the rally may not necessarily indicate a widespread reversal in institutional demand.

The Solana community plans to meet in November during the Scale or Die event. Creech stated that with the aforementioned upgrades being implemented, "Solana development will be different."

According to GMGN data, BSC Meme Coin Niulai experienced a short-term surge, with a market capitalization exceeding 80 million USD, currently reported at approximately 79 million USD, with a 24H increase of 40%.Market news reminds users that the prices of Meme Coins are highly volatile, and investors should be aware of the risks.

According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital has transferred approximately $59.04 million worth of HYPE to Coinbase through 8 addresses in the past 30 days, with the latest transfer occurring 7 hours ago, amounting to 81,300 HYPE (approximately $6.69 million).

Robert Mitchnick, head of digital assets at BlackRock, stated that the macro investment logic for Bitcoin is continuously strengthening. Even though regulatory issues have temporarily taken a backseat, fiscal concerns continue to drive demand for Bitcoin in the market.Mitchnick pointed out that the fiscal pressures in the current macro environment have become an important factor supporting Bitcoin's appeal, further reinforcing its narrative as a hedging tool. This perspective reflects institutions' ongoing focus on Bitcoin's long-term macro positioning.

According to Forbes, Bitcoin rose about 20% in the past week, breaking the $80,000 mark for the first time since May. Robbie Mitchnick, head of digital assets at BlackRock, stated that the scale of its Bitcoin spot ETF IBIT will continue to grow as BlackRock is still expanding channels for investors to access and allocate Bitcoin. BlackRock has lowered the minimum size for investors to directly exchange Bitcoin for IBIT shares from $25 million to $1 million. This mechanism allows eligible investors to convert their held Bitcoin directly into ETF shares without having to sell Bitcoin on the market first, potentially avoiding capital gains tax from asset sales.Since its launch, IBIT has become the fastest-growing ETF at multiple scale nodes, currently representing investors holding over 765,000 Bitcoins, valued at approximately $6 billion. Mitchnick noted that real-world risks such as kidnapping, extortion, and custody failures are driving some Bitcoin holders to shift all or part of their self-custodied assets to ETFs. Recently, attacks on some Coldcard hardware wallets have further intensified market concerns about the security of self-custody.Data shows that the 13 Bitcoin spot ETFs in the U.S., led by IBIT, recorded the strongest single-week inflow in nearly 10 months. Talos researchers indicated that this week, Bitcoin's approximately 23% increase and rise in volatility are among the highest in history, with similar trends typically corresponding to above-average returns in the medium to short term. Unlike the breakthrough in May, which lacked ETF funding support and subsequently fell back, this round of increase has structural buying support that was not present before.

Chris Marlon, a key executive responsible for data center construction at OpenAI, left the company last week. The "Stargate" project that Marlon was in charge of has faced initial setbacks, leading OpenAI to shift towards collaborating with cloud service providers. Currently, the company is advancing its infrastructure development by leasing complete data center facilities.OpenAI is undergoing executive adjustments in preparation for its IPO in 2027, with several executives having left recently. It is expected that by 2030, spending on computing infrastructure will reach $750 billion.

Analyst Ted (@TedPillows) stated that the Coinbase Ethereum premium has turned positive, indicating that institutions are accumulating. In related discussions, market participants noted that a positive premium means that U.S. demand is beginning to re-emerge, and Ethereum is showing some strength.The Coinbase premium is typically used to measure the premium or discount level of asset prices on the Coinbase platform relative to other major trading platforms. When this indicator turns from negative to positive, it is often interpreted as U.S. investors, particularly institutional funds, being relatively active in buying, providing support for spot demand. The recent rebound in Ethereum-related premiums is viewed by some observers as one of the signals of marginal improvement in liquidity.

Analysis indicates that China's major DRAM manufacturer CXMT's monthly wafer output has reached a peak of approximately 240,000 pieces by the end of 2025, and is expected to remain flat in 2026. Due to the tightening of U.S. export controls on advanced semiconductor equipment, especially EUV lithography machines, its capacity for expansion is limited, and substantial expansion will not occur until at least 2027, depending on the progress of the domestic equipment supply chain. According to Goldman Sachs data, CXMT's coverage of domestic DRAM demand is only about 41% in 2026 and about 50% in 2028, reflecting a structural bottleneck for many years.TrendForce data shows that traditional DRAM contract prices are expected to surge by 90%-95% quarter-on-quarter in the first quarter of 2026, followed by another increase of 58%-63% in the second quarter. Jefferies predicts that prices will continue to rise by 40%-50% and 30%-40% in the third and fourth quarters, respectively. The price increase for server DRAM is even steeper, with Samsung and SK Hynix proposing price hikes of 60%-70% to clients like Microsoft and Google in the first quarter. S&P Global expects Samsung's traditional DRAM revenue per bit to rise by 116% year-on-year to $0.79 in 2026, while Micron's ASP will increase by 54% to $1.06; Bernstein predicts that SK Hynix's DRAM gross margin could reach 92.7% in the fourth quarter of 2026.Multiple forecasts suggest that effective supply relief may not occur until the end of 2027 or even 2028.

FundaAI released a research report on enterprise AI applications, indicating that enterprise AI budgets are still expanding, but there is a divergence in trajectories in the second half of 2026 and 2027. The AI spending guidance from large U.S. telecom operator A shows an increase from a baseline of 100 in January to about 190 in December, with an expected year-on-year increase of 40%--50% in 2027; large European automaker A has only increased by 10%--15% so far this year, with guidance for next year remaining roughly flat.Incremental spending is shifting from paid seats to API/Token consumption and production workflows. The aforementioned telecom operator's subscription and API ratio has changed from about 50%/50% to 40%/60%, and it may trend towards 35%/65%; mid-to-large biopharmaceutical company A has adjusted from 80%/20% to about 70%/30%. Open-source adoption is uneven, with active scenario usage accounting for 30%--40%, as the unit price is lower, leading to a smaller spending proportion; experts estimate that open-source inference can be about 40%--70% cheaper than closed-source cutting-edge models, with the gap narrowing to 20%--40% under full cost metrics, and model routing, caching, and context compression could further reduce API spending by about 20%--30%.On the production side, AI budgets are increasingly built from the bottom up based on workflow ROI. The typical production ROI for this telecom operator is about 1.5--2 times, with a payback period of 6--18 months, and mature use cases can reach 3--5 times. The next wave of spending is related to agents, software modernization, network operations, commoditized workflows, and longer-cycle business processes, but engineering capacity, process reengineering, governance, and data readiness are becoming tighter constraints than funding.

As of the evening of August 24, the B.AI platform has officially surpassed 2.1 million registered users, continuing its strong growth momentum after reaching the 2 million milestone.With the continuous expansion of the cutting-edge large model matrix, decreasing costs of computing power, comprehensive upgrades to product interaction experiences and underlying architecture, along with an increasingly完善 AI Agent ecosystem, more and more global developers and users are being attracted to explore and build the next generation of intelligent applications through B.AI with lower barriers and higher efficiency.The trillion-level token daily throughput capacity and the rapidly expanding developer community have become the best footnote for B.AI's robust ability to support scalable production-level workloads, further solidifying its strategic positioning as the financial infrastructure of the AI Agent era. 2.1 million is a new starting point, and B.AI will accelerate the construction of an inclusive future for AGI together with the global community.

Yili Hua posted on platform X: "Continue to be bullish, minor adjustments over the weekend are just the bears taking a little resistance during a time of weak liquidity, which does not affect the trend. Strongly advise against shorting again; once it rises to a certain level, you can go long. Pullbacks will always occur at certain stages."