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Fox Business crypto reporter posted on the X platform that SEC Commissioner Mark Uyeda stated that the SEC has withdrawn multiple cryptocurrency cases left over from the previous administration, as continuing to defend legal interpretations that are set to be overturned would damage the SEC's credibility.Uyeda mentioned that the commission is preparing to make a "180-degree turn" on the relevant interpretations. He also stated that the SEC's innovative exemptions for tokenized securities are a "pilot program," which could create more opportunities for newcomers and traditional financial companies.

According to the Straits Times, Telegram experienced a service outage on the morning of September 8. Users in Singapore began to report issues around 10:20, with Downdetector reporting nearly 4,000 incidents shortly after 10:30, mainly related to the app and messaging features.As of 11:30, the number of outage reports had decreased to about 350, and Telegram services are gradually recovering. Currently, Telegram has not disclosed the cause of the outage.

Ethereum co-founder Vitalik Buterin stated that the Poseidon hash function series, developed over many years, has generated significant practical value in Ethereum and other fields, and will continue to play a role in the coming years.Modern privacy protocols can quickly generate SNARK proofs on the client side, and Poseidon is one of the important reasons for this. Vitalik pointed out that today's general-purpose STARK has achieved extremely high performance, with the proof overhead for almost any batch computation reduced to three-digit levels, and it is expected to further drop to two-digit levels or even lower in the future, a development that has even exceeded expectations from the early 2020s.

According to on-chain data, Robinhood Chain is suspected to be down, having paused the generation of new blocks for over 4 minutes.

According to monitoring by Lookonchain, the Bhutan royal government has transferred 400 bitcoins again, worth 30.62 million USD.

According to Be In Crypto, Coinbase CEO Brian Armstrong stated that on-chain reputation will become a new generation of credit scoring systems, potentially replacing the FICO score that currently dominates 90% of top loan decisions in the United States. Armstrong pointed out in response to Base founder Jesse Pollak that public ledgers can now record repayment history, wallet age, and counterparty behavior, and any lender can access the same on-chain record.Currently, Ethos Network has scored wallets through user endorsements, and based on this score, the lending application Credifi can offer unsecured loans of up to $3,000 to wallets with scores reaching 1,800. However, on-chain addresses are not tied to real identities, and borrowers can create new wallets at any time, so whether on-chain reputation can effectively price real risks remains to be validated by subsequent default rate data.

SMIC (Hong Kong Stock 00981, A Share 688981) released its semi-annual report for 2026. The reporting period is from January 1, 2026, to June 30, 2026, and is unaudited. The company achieved operating revenue of 38.635 billion RMB, a year-on-year increase of 19.4%; total profit of 7.133 billion RMB, a year-on-year increase of 96.7%; net profit attributable to shareholders of the listed company of 4.467 billion RMB, a year-on-year increase of 94.2%; net profit attributable to the parent company after deducting non-recurring gains and losses of 2.994 billion RMB, a year-on-year increase of 57.2%.During the same period, the net cash flow generated from operating activities was 20.760 billion RMB, a year-on-year increase of 252.0%; earnings before interest, taxes, depreciation, and amortization (EBITDA) was 24.511 billion RMB, a year-on-year increase of 40.7%. The gross profit margin was 23.2%, an increase of 1.3 percentage points compared to the same period last year; the net profit margin was 16.7%, an increase of 6.3 percentage points; basic and diluted earnings per share were both 0.56 RMB, a year-on-year increase of 93.1%. The board of directors approved the submission of this report on August 27, 2026, and the company has no profit distribution or capital reserve transfer plan.

Zhao Changpeng stated on the X platform that the fifth season of EASY Residency under YZi Labs is now open for applications, with a deadline of September 14. This season's recruitment directions include programmable capital and on-chain markets, AI infrastructure and computational economics, AI interfaces and consumer layers, as well as AI × biotechnology and programmable science. CZ also mentioned that the Demo Day for the fourth season of EASY Residency will be held next week in Bhutan, and he will attend.

According to Onchain Lens monitoring, the Bhutanese royal government transferred 10.779 bitcoins, worth approximately $835,000, to two new addresses.

According to Onchain Lens monitoring, the Bhutanese royal government transferred 490.87 BTC to a new wallet in the past 24 hours, amounting to approximately 32.74 million USD. Among them, the largest transfer was 485 BTC, amounting to approximately 32.31 million USD.

According to Bitcoin News monitoring, Bhutan transferred 300 bitcoins to a new address, worth 19.3 million dollars.

According to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 300 bitcoins to a new wallet a few minutes ago, worth approximately $19.28 million.In addition, the Bhutanese government also deposited 66 bitcoins into Binance last month, worth approximately $4.12 million.

According to official news, the Gate stock derivatives section will launch on August 18 at 14:00 (UTC+8) with perpetual contract trading for SHENHUA (China Shenhua 601088.SH), YANGTZE (Yangtze Power 600900.SH), HYGON (Haiguang Information 688041.SH), MIDEA (Midea Group 000333.SZ), BEIGENE (BeiGene 688235.SH), MOUTAI (Kweichow Moutai 600519.SH), HENGRUI (Hengrui Medicine 600276.SH), BIWIN (Biwin Storage 688525.SH), DEMINGLI (Demingli 001309.SZ), and TAIJI (Taiji Industry 600667.SH) (settled in USDT), supporting 1-20x leverage.In addition, Gate will hold the 15th phase of the new coin airdrop event for the stock derivatives section from August 18 at 16:00 to August 27 at 16:00 (UTC+8). New users who complete their first contract trade will receive 5 USDT; daily trading volume of the participating coins can accumulate up to 35 USDT; trading the participating coins will share a prize pool of 30,000 USDT. The total prize pool for the event is 50,000 USDT, with a maximum of 240 USDT that can be claimed by a single person.

Elon Musk stated that due to insufficient power supply and difficulties in ground facility approvals, orbital computing (i.e., space computing platforms) may be the only way to scale AI on a large scale by around 2029.

According to monitoring by Lookonchain, the Kingdom of Bhutan sold 434.87 BTC, worth 27.93 million dollars, after a month of silence.

According to on-chain analyst Ai Yi's monitoring, an address associated with the Kingdom of Bhutan has recharged 434.86 BTC to Binance in the past 5 hours, worth 27.96 million USD.This Binance recharge address has been marked by Arkham as suspected to belong to the Royal Government of Bhutan, which has interacted with the Kingdom of Bhutan.

Bitget recently signed a cooperation agreement with the Gelephu Mindfulness City Authority (GMCA) of Bhutan. According to the framework of the agreement, Bitget will establish a legal entity in Gelephu Mindfulness City (GMC) and prepare relevant financial service license applications under the regulatory framework of the Gelephu Financial Services Office (GFSO), while collaborating with GMCA on workflows related to operations, regulation, and ecosystem development. According to the plan, Bitget will also gradually establish offices locally and conduct local recruitment to support local talent development and long-term construction.As a special administrative region in southern Bhutan, GMC is being developed as the next-generation international financial and innovation center, with its virtual asset system governed by the Financial Services Act of 2025. Jigdrel Singay, a board member of the Gelephu Mindfulness City Board, pointed out that introducing partners like Bitget helps bring global expertise while promoting local capabilities and the broader financial ecosystem development.

Chainalysis posted on platform X that the Coldcard hack is particularly devastating for Canadian Bitcoin holders. Our analysis of the attackers and victims found that Canadian BTC holders accounted for 25% of the attributable losses.According to estimates compiled by Galaxy Research, the losses could be as high as $110 million, and we analyzed the geographical distribution of this ongoing hacking attack. Users in Australia, the United States, and Thailand also experienced significant losses.

Gelephu Mindfulness City (GMC) in Bhutan has appointed the Canadian digital asset management company 3iQ to manage an authorization supported by part of its Bitcoin reserves, as GMC is building a digital asset investment center.According to the cooperation arrangement, 3iQ will manage a portion of the Bitcoin allocated to support the development of Gelephu, with specific amounts not disclosed. 3iQ will also establish a long-term business locally, invest in local talent, and provide training and knowledge transfer.Bhutan announced in December 2025 that it would allocate up to 10,000 Bitcoins from its national holdings to support GMC. The parties have not disclosed the actual management amount, custody arrangements, or whether the authorization allows for lending, derivatives, and other yield-generating strategies. 3iQ CEO Pascal St-Jean stated that the company will introduce institutional discipline for this authorization and will utilize Bhutan's capital in a responsible, transparent, and long-term manner. Jigdrel Singay, a board member of Gelephu, stated that 3iQ is one of the founding institutional partners of the city.

SolanaFloor posted on platform X that Solana plans to increase the mainnet block compute limit from 60,000,000 CU to 100,000,000 CU in less than 24 hours, an increase of about 66%.The related upgrade SIMD-0286 is expected to be activated at the start of Epoch 1009.