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Silicon Valley angel investor Liron Shapira posted on X this morning, stating: "I assert (with 50% confidence): due to AI shaking the security and stability guarantees that people once believed Bitcoin had, the price of BTC will plummet more than 50% within the next two years."Ethereum co-founder Vitalik Buterin rebutted this, saying: "I hold the completely opposite view. My fundamental reason is that, in the long run, I am quite optimistic about network security, and I believe the main challenge is how to smoothly transition through the transition period. Moreover, I believe BTC can at least properly handle all issues that do not require social consensus to resolve (for example, upgrading clients, mining pools, etc., to deal with network layer attacks fall into this category). Additionally, I believe the probability of hash algorithms or proof-of-work mechanisms being truly compromised is extremely low. I wanted to make a bet with you, but considering my current asset allocation (I guess you have the same view on Ethereum ETH), I have already staked about 90% of my wealth on this bet."

Taiwan Semiconductor Manufacturing Company, Micron, and other companies are increasing capital expenditures to expand production, driving the combined orders of the top five semiconductor engineering firms—HanTang, Axiom, FanXuan, Yankee, and ShengHui—to exceed 880 billion yuan, a record high. Taiwan Semiconductor Manufacturing Company recently stated at a semiconductor exhibition that it is building up to 20 wafer fabs, with the overall capacity expansion scale increasing multiple times compared to the past, but it still cannot meet customer demand. The U.S. tariff policy has driven the demand for manufacturing plants in the United States. Axiom has the largest order amount of 440.73 billion yuan, and Chairman Yao ZuXiang pointed out that the cumulative amount of turnkey projects undertaken in Singapore over the past four years has reached 600 billion yuan, with expectations for new projects to follow. HanTang's order amount is approximately 193.937 billion yuan, setting a new record, benefiting from continued plant construction by major clients like Taiwan Semiconductor Manufacturing Company and Micron.FanXuan's order amount reached a new high of 135.1 billion yuan, and Chairman Gao XinMing revealed that order visibility extends at least to 2028, with related projects for clients planned for 2029 and 2030. FanXuan has deployed materials, manpower, and local construction teams to support clients in Taiwan, Arizona in the United States, Japan, and Germany in synchronizing production expansion needs, and is investing in the development of technologies such as CoPoS. ShengHui's order amount exceeds 60 billion yuan, with Taiwan accounting for 68% and semiconductor orders accounting for 63%. In the first half of the year, the after-tax net profit was 2.944 billion yuan, with earnings per share of 23.73 yuan, setting a new high for the same period. Yankee's after-tax net profit in the first half of the year was 2.317 billion yuan, with earnings per share of 17.46 yuan, and the order amount is approximately 51.77 billion yuan, with order visibility reaching the end of 2027.

The supply chain reports that Amazon, a leading North American cloud service provider under AWS, has recently expanded the delivery of AI server cabinets, with strong shipping momentum from partners such as TSMC, World Advanced, Wistron, and Hon Hai. Amazon has recently revised its capital expenditure for this year, increasing the original estimate from $200 billion to $220 billion, primarily for AI infrastructure, including data centers, servers, and network equipment.Amazon CEO Andy Jassy is optimistic that the demand for AI computing power will continue to exceed supply until 2027, and he has even seen strong demand for 2028. AWS's AI business and self-developed chip scale have grown to $25 billion, maintaining triple-digit percentage growth. Annapurna Labs' customized ASIC chips are mostly produced by TSMC using advanced 3-nanometer processes.World Advanced is an important partner for AWS's self-developed AI chips and is optimistic that its quarterly revenue and profits will reach new highs this season, with continued growth expected in the fourth quarter. The demand for 3-nanometer AI accelerators is better than previously assessed, and designs can be finalized before the end of the year. AWS's ASIC AI cabinets are assembled by Wistron, which also supplies switch trays, while Hon Hai is involved in CPU trays. Hon Hai's rotating CEO, Liu Young-way, stated that this year's ASIC project has made new progress, setting a target for ASIC server market share at over 40%.

According to on-chain analyst Ai Yi's monitoring, Multicoin Capital has allegedly sold $112 million worth of HYPE since July 28, expecting a profit of $64.08 million, with a return rate exceeding 134%.This entity accumulated 4.95 million HYPE from Galaxy Digital at an average price of $32.32 between January and July this year, and has since allegedly taken profits in batches on exchanges. Its most recent deposit to Coinbase occurred 3 hours ago, amounting to approximately 150,000 HYPE, valued at $12.78 million.

According to CryptoSlate, the Ethereum Layer 2 network Silicon announced that it has stopped accepting new bridging deposits as of September 2 and has initiated the shutdown process. Users must withdraw all assets by December 31, at which point the network and block explorer will go offline, and remaining assets will be unrecoverable.There are still approximately $9.75 million in assets on-chain, including USDC ($2.66 million), WBTC ($2.54 million), ETH ($2.08 million), and USDT ($1.85 million). Assets bridged from the Ethereum mainnet can be directly withdrawn during the window period, but tokens issued directly on Silicon cannot be bridged directly and can only rely on the remaining on-chain liquidity for exchange, which may become increasingly difficult as the shutdown progresses. Silicon's Web3 wallet will also be disabled.

According to Bloomberg, the physical AI company Lyte announced the completion of a $165 million Series C financing round, led by Maverick Silicon, with participation from Fidelity Management & Research, Atreides Management, Key1 Capital, and Ora Global, bringing the post-money valuation to $1.6 billion.Founded in 2021 by former Apple and PrimeSense engineers, Lyte focuses on providing a complete perception technology stack for robots, including custom chips, multimodal sensors, and spatial software. To date, the company has raised a total of $272 million.The funds from this round will be used to expand the production scale of perception chips and its LyteVision platform, as well as to advance AI perception capabilities and the commercialization of robotics.

According to official news, the anti-quantum EVM Layer 1 blockchain DAC has announced a $1 million investment from Unicorn Crypto Ventures.DAC focuses on building EVM-compatible blockchain infrastructure that can withstand quantum computing attacks. It is built on a Quadrans fork, utilizing a three-layer node architecture and PoQW consensus, driving the ecosystem and transaction execution through a dual-asset model (DACT/DACC), providing scalable and quantum-resistant blockchain infrastructure for developers and enterprises.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Unicorns Of Love Sexy Edition vs Kaufland Hangry Knights," the "Yes" option for the sub-market "Both sides kill the Baron" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to Onchain Lens monitoring, Multicoin Capital (0x57C...174B) transferred 97,180 HYPE to Coinbase again, worth approximately 8.18 million USD, possibly for selling.

Today, South Korean semiconductor concept stocks are under pressure and have retreated, but trading in related asset markets remains active. According to data from the Gate platform, SK Hynix (000660) is currently priced at $1,175.12, with a 24-hour decline of 2.11%; Samsung Electronics (005930) is currently priced at $183.02, with a 24-hour decline of 1.94%.According to CoinGlass data, trading in the SKHYNIX and SAMSUNG contract markets is active, with the open interest of the two underlying contracts increasing by 4.03% and 7.30%, respectively. The trading volume of the contracts increased by 451.63% and 1069.65%, respectively. In Gate's related stock derivatives, the SKHX contract open interest reached $180 million, ranking second in the entire network, with a 24-hour trading volume of $180 million; the SAMSUNG contract open interest reached $8.14 million, ranking second in the entire network, with a 24-hour trading volume of $5.94 million.

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).

According to eight people familiar with the discussions, despite warnings from tech companies that this move could affect the United States' dominance in the field of artificial intelligence, the Trump administration is still considering imposing a new round of comprehensive tariffs on semiconductors.

According to SemiWiki, WSTS data shows that the global semiconductor market sales reached $368 billion in the second quarter of 2026, a quarter-on-quarter increase of 35% and a year-on-year increase of 104%, setting a new historical high. The growth is mainly driven by AI demand, with significant quarter-on-quarter increases from memory manufacturers, SK Hynix and Sandisk at 51%, Kioxia at 76%; Nvidia's AI processor business grew 18% quarter-on-quarter, and Broadcom is expected to grow 33% quarter-on-quarter.Kioxia and Sandisk rose to eighth and ninth place globally, respectively, with both companies' revenues growing more than four times year-on-year. Excluding major AI suppliers, the other top 20 semiconductor manufacturers only saw a quarter-on-quarter increase of 9%, with guidance indicating a total quarter-on-quarter growth of about 6% for the third quarter of 2026. The growth expectations for memory manufacturers in the third quarter have clearly slowed down.Based on the latest forecasts, the semiconductor market growth rate for the entire year of 2026 is expected to reach or exceed 90%, with Semiconductor Intelligence predicting a growth of 101% and RCD Advisors predicting 112%; in the storage sector, WSTS expects a growth of 249%, while Gartner predicts 280%. Most institutions expect the growth rate to fall back to the mid-20% range in 2027.

According to Cointelegraph, the SEC has released proposed rules for the "Regulation Crypto Assets," setting two exemptions for specific investment contracts involving crypto assets: allowing startups to raise up to $5 million in a one-time financing within four years; and allowing qualified issuers to raise up to $75 million within any 12-month period, with the possibility of conducting different rounds of issuance in subsequent years.Drew Hinkes, a partner at Winston & Strawn, stated that as long as each round of financing is an independent issuance, projects could theoretically raise $75 million every 12 months. Lilya Tessler, head of Sidley's fintech and blockchain practice, noted that subsequent financing is not automatically approved; issuers must resubmit offering documents, undergo SEC staff review, continuously submit annual and semi-annual reports, and disclose funds raised through the exemption in the past 12 months to confirm they have not exceeded the financing cap. The proposed rules also limit the participation scale of non-qualified investors, with their purchase amount not exceeding 10% of the higher of their personal income or net worth.Lee Reiners, a financial regulation expert at Duke University, indicated that the limited first-round cap may make early token allocations more attractive, but the rule is unlikely to replicate the ICO boom of 2017. Among projects that raised funds through ICOs from 2017 to 2019, as many as 90% ultimately failed.The SEC expects that approximately 130 issuances per year will utilize the above two exemptions, with about 475 issuers potentially using a broader investment contract safe harbor. The proposed rules will provide token issuers with a clearer path for financing in the U.S. compared to the current system, but secondary market trading may still exist in a gray area of securities attributes. The proposal stipulates that investment contracts related to crypto assets may continue to trade in the secondary market along with token transfers until the asset is separated from the issuer's statements or commitments.Drew Hinkes stated that if non-security tokens transfer investment contracts from seller to buyer, such transactions may still be considered securities transactions, impacting trading platforms. Lee Reiners also mentioned that some issuers may meet the formal requirements for exemptions but still influence token value through team management efforts, concentrated insider holdings, and aggressive promotion.

On August 25, Bank of America data showed that actively managed long-term funds significantly reduced their holdings in global semiconductor stocks last month, selling approximately $44.4 billion, indicating that institutional funds are withdrawing from the most crowded AI trades. The flow of funds has shifted towards telecommunications, energy, materials, and grid modernization, reflecting a more noticeable redistribution within the AI theme.This set of data explains part of the recent market pressure. Ahead of NVIDIA's earnings report, the market still holds high expectations for AI demand, but semiconductor stocks have previously risen too much, and positions have become more concentrated. Once long-term interest rates rise, AI revenue expectations cool, or the return on capital expenditures for cloud vendors is questioned, the semiconductor sector will be the first to bear the pressure of position reduction. Bank of America also pointed out that the themes that funds sold the most in the past year include AI computing and quantum computing, indicating that funds have not completely left AI but are reducing exposure to highly crowded sectors.Bank of America expects that semiconductor stocks will continue to be influenced in the short term by NVIDIA's performance, cloud vendor guidance, and interest rate trends; in the medium term, funds may be more willing to allocate to sub-sectors such as electricity, equipment, networks, and storage that can share in AI infrastructure spending.

According to Onchain Lens monitoring, a wallet suspected to be related to Multicoin Capital (0x76d...6045) transferred 106,100 HYPE to Coinbase Prime a few minutes ago, worth approximately 8.41 million USD.

Bitcoin Magazine posted on the X platform that the publicly traded company Iconic Digital has increased its holdings by 21 bitcoins, bringing its total holdings to 2,882 bitcoins, valued at $168 million.

According to the Economic Daily, semiconductor silicon wafers have seen a significant price increase for the first time since the COVID-19 pandemic, covering the full range of specifications including 6-inch, 8-inch, and 12-inch, with an increase starting at 10%. Industry insiders believe this is the first price adjustment in over three years, and major Taiwanese silicon wafer suppliers such as GlobalWafers, TSMC, and Hejian are expected to see improvements in revenue and profitability.GlobalWafers stated that recent demand in some end markets has gradually improved, inventory adjustments in the supply chain are healthier than in the past, and market signals are more positive than last year, but prices still depend on the product, specifications, and customer situations. TSMC mentioned that under cost pressures and demand support, they have begun communicating price adjustments with customers, and operations in the second half of the year are expected to outperform the first half. Hejian indicated that they are actively negotiating price adjustments with customers and continuing to promote advanced packaging and related products.Industry analysis suggests that this round of price increases mainly reflects the rebound in chip demand driven by AI, with increased usage in advanced and mature processes, allowing the upstream silicon wafer industry to gradually feel the recovery. Currently, the negotiation progress varies among factories and customers, with some 12-inch polished wafers already subject to new quotes with double-digit percentage increases, and discussions for 8-inch and 6-inch products are also moving in a similar upward direction.

Tushar Jain, co-founder of Multicoin Capital, stated that despite the significant rise in BTC, STRC has not re-pegged due to its low dividend levels. STRC was promoted as a fixed income product but has experienced a significant drawdown of about 30%.Tushar Jain pointed out that if investors need to bear such a level of drawdown risk, the yield of STRC must be significantly increased to provide adequate compensation for the aforementioned risk.