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Payment company Block, founded by Jack Dorsey, submitted an application to the Office of the Comptroller of the Currency (OCC) on Tuesday to establish a non-insured national trust bank named Builders Bank & Trust, N.A. Block stated that if approved, the bank would offer custodial and other trust services, including Bitcoin and stablecoins, and the federal charter would establish a federal regulatory framework for some of the custodial services currently offered by Block.Block's application comes at a time when more and more fintech and crypto companies are seeking federal banking charters. Last week, Revolut received conditional approval from the OCC, following approvals for companies like Coinbase, Paxos, BitGo, Ripple, and Circle. The OCC also recently granted conditional approval to World Liberty Financial, supported by the Trump family, which has raised scrutiny in Washington regarding potential conflicts of interest.Since 2025, the OCC has received 40 applications for new bank charters, of which 21 have been approved and 2 have been denied.

According to Gate market data, the Dow Jones Index closed down 626.72 points on September 8, a decrease of 1.17%, at 52,787.53 points; the S&P 500 Index fell 44.98 points, a decrease of 0.58%, at 7,673.62 points; the Nasdaq Composite Index dropped 85.58 points, a decrease of 0.32%, at 26,421.41 points.

According to PR Newswire, Canaan Inc. (NASDAQ: CAN) announced its unaudited financial results for the three months ended June 30, 2026. Total revenue for the second quarter was $31.9 million, down from $62.7 million in the first quarter and $100.2 million in the same period of 2025, with product revenue of $13.6 million, mining revenue of $17.7 million, and other revenue of $600,000.Cost of revenue for the quarter was $61.2 million, resulting in a gross loss of $29.3 million, operating expenses of $40.1 million, an operating loss of $69.5 million, and a net loss of $97.6 million. Non-GAAP adjusted EBITDA loss was $74.9 million. Loss from changes in the fair value of cryptocurrencies was $9.3 million, impairment of property, equipment, and software was $9.2 million, and total inventory write-downs, prepaid expense write-downs, and inventory purchase commitment reserves amounted to $25.3 million.The company's self-operated installed mining capacity (non-joint venture) was 10.05 EH/s, an increase of 23.3% year-over-year, with an all-in electricity cost of approximately $0.043 per kilowatt-hour, mining 243 bitcoins during the quarter. Cryptocurrency reserves reached 1,915 bitcoins and 3,952 ethers. As of September 8, 2026, the company repurchased approximately 16.4 million ADS for a total of $7.4 million. The ABC project holds a 49% stake, with an installed capacity of 4.85 EH/s as of the end of July 2026.

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that Bitcoin has just dropped, and the Coinbase Bitcoin premium remains negative, continuing to incur significant losses. It is expected that tomorrow's spot ETF (i.e., the US stock market trading day) will see capital outflows.ETF data is lagging; trading based on ETF data is akin to driving while looking in the rearview mirror. Although it is inconvenient, the inflow and outflow of ETF funds are very important, so we can only keep an eye on it.

According to Bloomberg, AI chip startup Celero Communications announced the completion of a $275 million financing round, with the company's valuation exceeding $3 billion. This round of financing was co-led by Atreides Management, Valor Equity Partners, and CapitalG, a venture capital firm under Alphabet.Founded in 2024, Celero primarily develops coherent digital signal processors (DSP) for optical data transmission in AI systems, which can enhance the efficiency of high-speed data transmission between data centers and among different server racks within a single data center, thereby helping to build larger-scale AI chip clusters. It is reported that Gavin Baker, Managing Partner and Chief Investment Officer of Atreides, will join Celero's board of directors.

OpenAI plans to begin deploying the AI chip Jalapeño developed with Broadcom by the end of this year, while also advancing collaboration with accelerators from NVIDIA, AMD, and other partners.

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.

According to CriptoNoticias, as the Central Bank of Brazil advances the authorization system for virtual asset service providers (PSAV), local cryptocurrency trading platforms are facing regulatory reshuffling. Digitra, Coinext, and Bitso have recently adjusted their business layouts in Brazil.Among them, Digitra has ceased trading services and decided not to apply for PSAV authorization, effectively exiting the Brazilian market; Coinext announced it would orderly close its cryptocurrency trading business due to not meeting the minimum capital requirement; Bitso has chosen to redirect its Brazilian individual retail customers to Mercado Bitcoin while retaining its institutional business line.According to the regulations of the Central Bank of Brazil, existing platforms wishing to continue operating in compliance in Brazil after the deadline at the end of October must submit their PSAV authorization applications before then. This round of adjustments may indicate that the largest cryptocurrency market in Latin America is accelerating into a deep phase of compliance reshuffling.

According to on-chain data monitoring, "1011 Insider Whale" agent Garrett Jin has just reduced his short position in ZEC. As of now, he has closed approximately 7,000 ZEC from his short position, and his 3x leveraged ZEC holdings have decreased to 32,759.57 ZEC, with a position value of about 38.26 million USD, currently facing an unrealized loss of 19.32 million USD.

According to a report by Kyodo News, the Bank of Japan plans to raise interest rates to 1.25% at the meeting on September 17 to 18.

Visa stated in an official blog post that stablecoin-linked cards are one of the fastest-growing segments of the network. In the second fiscal quarter, over 160 stablecoin-linked card projects launched globally, with payment volumes increasing nearly 200% year-over-year, and an annualized settlement rate exceeding $20 billion, growing more than 15 times year-over-year.Visa pointed out that its collaboration with Credit Coop to launch a stablecoin-based revolving credit tool provides daily settlement funds for early stablecoin card projects, and the borrowing costs for some participating projects have decreased by more than 30%.

According to Cryptopolitan, the far-right party Alternative for Germany (AfD) won first place in the Saxony-Anhalt elections with a vote share of 43.8%, securing 39 out of 83 seats, while the CDU's vote share significantly dropped to 17.2%. Although this victory does not directly affect federal tax law, it will further strengthen AfD's voice in the discussions on cryptocurrency tax reform in Berlin.AfD has consistently advocated for the retention of the 12-month tax exemption policy for Bitcoin holdings and opposes including private mining and Lightning Network node operations under commercial taxation. In contrast, the German Ministry of Finance plans to abolish this tax exemption period, aiming to increase annual revenue by at least 1 billion euros.

According to Catcher Predict monitoring, in the market prediction event "Barranquilla: Julieta Pareja vs Lucrezia Stefanini" on Polymarket, the probability of the "Yes" option in the sub-market "Completed Match" has experienced significant fluctuations, soaring from 15% an hour ago to the current 42.55% (a fluctuation of 27.55%). Please note the impact of relevant breaking news.

NVIDIA CEO Jensen Huang shared data from the computing power market Ornn. Ornn stated that the H100 has been a training GPU for several years, but the rental price has increased by 22% in the past month, now reaching $3.28 per hour per unit. Jensen Huang emphasized that NVIDIA's computing power can continuously generate rental income, making it a revenue-generating asset.Ornn's H100 index is calculated based on actual rental transaction prices. The daily settlement price on September 7 was $3.17 per hour, and the latest displayed price further rose to $3.28. NVIDIA stated in its latest earnings report that GPUs can be redeployed across different customers and workloads.

According to Catcher Predict monitoring, in the market prediction for the "Toronto Blue Jays vs. Athletics" event on Polymarket, the "Toronto Blue Jays" option in the sub-market "Toronto Blue Jays vs. Athletics" has experienced a dramatic fluctuation in winning probability, plummeting from 64.5% an hour ago to the current 40.5% (a fluctuation of 24%). Please note the impact of related breaking news.

In response to netizens' claims on Threads that Google Taiwan's layoffs are at least 30% to 50%, with all senior executives being let go, Google Taiwan officially denied that the rumors are exaggerated. The official statement indicated that to make operations more efficient, reduce organizational levels, and prepare for the company's long-term development, the team has been continuously making adjustments to its workforce. As resources focus on core objectives and significant future opportunities, related adjustments will continue.Google has established its largest hardware R&D base outside the United States in Banqiao, New Taipei City. The official job vacancy website shows that there are 49 positions open in Banqiao and 32 positions in Taipei City. Recently, the AI infrastructure R&D center located in the Shilin District of Taipei City has expanded, with office space set to increase by 60%.

On-chain analyst Ai Yi posted on X that a certain address has accumulated profits of approximately 1.157 million dollars through five ETH swing trades since July.This address purchased 1,650 ETH (approximately 3.97 million dollars) at 2,417 dollars on September 3 and sold all of it for profit at a price of 2,474 dollars about 9 hours ago, making a profit of approximately 108,000 dollars on that single trade. The scale of each swing trade is around 4 million dollars, and the overall strategy is relatively conservative, focusing on small profits.

The storage module manufacturer Jiangbolong (301308.SZ) today listed on the main board of the Hong Kong Stock Exchange, with the stock code 09976.HK, at an offering price of 236 Hong Kong dollars per share, forming an A+H dual listing structure.The company globally offered 26.0778 million H shares, of which 2.6078 million shares were for public offering in Hong Kong and 23.47 million shares for international offering, with an over-allotment option. Each lot consists of 50 shares, with an entry fee of approximately 12,151.32 Hong Kong dollars. Based on the highest offering price of 240.60 Hong Kong dollars, the net fundraising amount is approximately 6.02 billion Hong Kong dollars.The prospectus disclosed that in the first half of 2026, Jiangbolong achieved revenue of 24.088 billion yuan, a year-on-year increase of 136.3%, with a gross profit margin rising from 11.0% in the same period last year to 58.2%. The profit for the period was 10.718 billion yuan, compared to 0.041 billion yuan in the same period last year.

Licheng, Jingyuan Electronics, and Silergy all reported year-on-year and month-on-month revenue growth in August, with Licheng and Silergy setting new historical highs for two consecutive months. Licheng's consolidated revenue in August was 8.558 billion New Taiwan Dollars, a month-on-month increase of 3.48% and a year-on-year increase of 24.46%. After breaking the 8 billion mark for the first time in July and setting a historical high, August saw another record. The cumulative revenue for the first eight months reached 61.258 billion New Taiwan Dollars, a year-on-year increase of 30.83%. Jingyuan Electronics reported revenue of 4.08 billion New Taiwan Dollars in August, a month-on-month increase of 2.23% and a year-on-year increase of 31.58%. The cumulative revenue for the first eight months was 29.404 billion New Taiwan Dollars, a year-on-year increase of 35.53%. Silergy's revenue in August was 2.07 billion New Taiwan Dollars, with a month-on-month increase of nearly 3% and a year-on-year increase of nearly 29%. The cumulative revenue for the first eight months reached 15.26 billion New Taiwan Dollars, a year-on-year increase of over 20%.Licheng's main source of growth this year remains the rebound in demand for memory packaging and testing. Licheng previously anticipated that revenue in the third quarter would show single-digit quarter-on-quarter growth, with the fourth quarter having the potential to exceed the third quarter. The momentum for memory orders is expected to continue until the end of the year, with a positive market outlook at the beginning of next year. In addition to its core memory business, advanced packaging has become a key focus for the next phase of development. The panel-level packaging has already been adopted by American clients, and the production capacity of the P11 plant has been secured by clients, with plans to enter the mass production phase of integrated ASIC and HBM AI chips by mid-2027.Jingyuan Electronics has been actively expanding its high-end testing capacity in recent years, with AI-related products becoming an important driving force for its operations. The testing demand for AI GPUs, ASICs, and high-performance computing chips remains its main source of growth. Silergy pointed out that the demand for AI and high-speed interconnects is strong, including an increase in demand for high-performance computing chips such as CPUs, GPUs, ASICs, and AI accelerators. After completing the cleanroom construction at the newly acquired Hukou plant in February, Silergy began mass production in July, currently achieving 40% of the total capacity of the plant and gradually taking on new demand from overseas clients.