News flow from Aug. 31 to Sept. 1 centered on exchange product changes, large crypto balance moves, regulatory developments, tokenization infrastructure, and AI product rollouts.
Binance to remove 12 margin trading pairs
Binance said it will remove a group of cross and isolated margin pairs at 14:00 Beijing time on Sept. 3, including TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC and BREV/USDC.
The five pairs above are included in cross margin. The isolated margin list also includes USDE/USDC, WBETH/ETH, BFUSD/USDT, BNSOL/SOL, SUI/BTC, AVAX/BTC and LINK/BTC. Binance said it will suspend borrowing on the affected isolated pairs at 14:00 Beijing time on Sept. 1, then automatically close positions, liquidate relevant holdings, cancel open orders and delist the pairs at 14:00 on Sept. 3. The removal process is expected to take about three hours.
The exchange advised users to close positions or move assets to spot wallets before the cutoff and said it would not be responsible for potential losses.
EU expands DSA oversight to ChatGPT, Reddit and Roblox
The European Commission classified OpenAI’s ChatGPT as a very large online search engine and designated Reddit and Roblox as very large online platforms after saying each had more than 45 million monthly active users in the EU.
Under the Digital Services Act, the companies will face tighter obligations around illegal and harmful content, transparency reporting, risk mitigation plans and annual supervisory fees. Violations can bring penalties of as much as 6% of global annual revenue. The DSA also requires stronger protections for minors and clearer advertising disclosures. EU regulators have already opened more than ten investigations into online platforms under the law.
Catapult Trade says funding has reached about $6.6 million
Catapult Trade, a Solana-based gamified meme coin launch platform and synthetic leveraged trading platform, said it has raised about $6.6 million across Seed, Private, KOL and Early Public rounds.
Investors named by the project include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, the founder of LIS Skins, the founder of Trady and other institutions and angel investors. The team said a full investor list and round details will be disclosed two weeks before its token generation event. It expects the TGE to start in autumn 2026 and said more updates will be released in September.
Justin Sun responds to recent criticism
TRON founder Justin Sun posted on X to address recent questions aimed at him and his team. He said he does not plan to respond point by point to specific accusations, but added that he has “absolute confidence” in the crypto and artificial intelligence work he is pursuing.
Sun said that confidence comes from irreversible breakthroughs in mathematics, cryptography and AI, which he argued cannot be altered by the will of any individual or institution. He also said the industry has repeatedly been declared finished over the past decade, yet the technology kept moving after shifts in policy and public opinion. In his view, roughly 8 billion people will eventually use services built on those technologies directly or indirectly, and his team’s task is to make those services reliable enough and complete enough to be chosen by users in the future.
Strategy adds 4,603 BTC, BitMine keeps buying ETH
Strategy bought 4,603 BTC between Aug. 24 and Aug. 30 for $369.7 million at an average price of $80,318 per coin. During the same period, it repurchased 1.577 million shares of STRC for $151.8 million and added about $29 million in cash.
As of Aug. 30, the company held 845,050 BTC with a total cost basis of $63.73 billion and dollar-denominated assets of about $6.71 billion. A filing with the U.S. Securities and Exchange Commission showed the BTC purchases were funded through the MSTR at-the-market equity program.
BitMine said it added 53,501 ETH last week, extending its streak of weekly ETH purchases to 65 straight weeks. As of Aug. 30, it held 5,901,112 ETH, or about 4.9% of total ETH supply.
The company said its crypto, cash and other investment assets were worth about $15.6 billion. That total included $541 million in cash and marketable securities, 211 BTC, roughly $180 million in Beast Industries equity, and about $81 million invested in Eightco Holdings, or ORBS. It said 5,067,309 ETH, about 86% of its holdings, had been staked, implying annual staking income of about $335 million at the current annualized rate.
Separate market data later showed Bitmine, tied to Tom Lee, bought another 51,000 ETH worth $126 million from FalconX and BitGo around two hours before the item was published.
Adobe, Nvidia and Longsys announce new plans
Adobe said it is partnering with Saudi Arabia’s Ministry of Communications and Information Technology and Humain, an AI company backed by the Saudi government. Adobe said it will commit more than $4 billion in value and offer 12 months of free access to AI tools to more than 27 million eligible Saudi citizens and residents.
The plan includes free Adobe Firefly Standard subscriptions and part of Adobe Express Premium, including an image generation model developed with Humain and optimized for Saudi culture.
Nvidia plans to invest $3.5 billion in Taiwanese chipmaker MediaTek through convertible bonds that can later be turned into MediaTek stock, deepening the companies’ cooperation in chips.
Chinese memory chip company Longsys filed its H-share prospectus on the Hong Kong Stock Exchange. It plans to offer about 26.08 million H shares globally, including roughly 2.6 million shares in Hong Kong and about 23.5 million shares internationally. The maximum offer price is HK$240.6 per share. Gross proceeds are capped at about HK$6.28 billion, and the figure could rise to about HK$7.14 billion, or around $1.06 billion, if the over-allotment and additional issuance options are exercised. At the top end, implied market value would reach about RMB 167.72 billion, or around $24.9 billion. Longsys said the funds are mainly intended for chip design and advanced memory technology research and development, and it expects its H shares to list on the main board on Sept. 8.
Andrew Bailey warns about frontier AI and financial stability
Bank of England Governor and Financial Stability Board Chair Andrew Bailey told G20 finance ministers and central bank governors that frontier AI models are becoming more autonomous and more capable in offensive and defensive cyber activity. He said that could materially alter the speed, scale and cost of cyberattacks, deepen reliance on concentrated third-party technology providers, weaken market confidence and hit global financial stability.
Bailey said most jurisdictions still lack regulatory and emergency-response protocols for the development, release and deployment of frontier AI. He called on financial institutions and technology suppliers to strengthen vulnerability management, response and recovery capacity and to prepare for more severe scenarios, including simultaneous damage across multiple firms or shared technology. He also pointed to vulnerabilities in sovereign bond markets, leveraged trading, private credit and elevated valuations in AI-related assets.
Large transfers continue across ETH, SOL and other tokens
One institution was flagged as a likely seller of about 154,300 ETH worth roughly $378 million. Over a little more than one day, the wallet transferred 52,739 ETH, or about $129 million, to six centralized exchanges including Binance and OKX, while still holding 101,561 ETH worth about $249 million. Those coins had been withdrawn from Coinbase in 2021 and 2022 at about $1,700, later staked in 2023, redeemed in January 2025, then consolidated and sent to exchanges.
In Solana, Pump moved 132,937 SOL worth about $13.74 million in fee revenue from its address to Kraken roughly 20 minutes before the report. A separate item said Pump fun sold another 132,935 SOL about nine hours earlier for roughly $13.75 million. To date, Pump.fun has sold 5,110,924 SOL worth $834.3 million at an average price of $163.2.
After reports that Hyperliquid was exploring a path into the U.S. market, one wallet moved 488,600 HYPE worth $40.91 million into Hyperliquid for staking. The position had been built through FalconX five months earlier at around $35 per token and was sitting on an unrealized gain of $23.73 million, or 138%.
Another wallet, 0xa56…d7b5a, bought 11.73 million BONER on Aug. 21 for $377.7 at a unit price of $0.00003173 when market value was only $31,000. The position was later showing paper profit of more than $695,000, or over 1,858x.
ICE takes stake in tZERO for tokenized securities buildout
Intercontinental Exchange, the parent company of the New York Stock Exchange, said it is partnering with blockchain infrastructure company tZERO to build core systems for a planned NYSE-linked tokenized securities market.
The companies will work on transfer-agent and broker-settlement infrastructure for on-chain security tokens. tZERO is expected to serve as a digital transfer agent and participant on the platform, handling records and compliance around changes in tokenized stock ownership. ICE is also joining tZERO’s new financing round and licensing 103 blockchain patents to the company. The two sides will also study whether tokenized assets can be used as trading collateral in operations such as ICE clearinghouses. ICE had already named Securitize in March as a digital transfer agent for the same platform.
WeChat Pay, Telegram and OpenClaw ship product updates
WeChat Pay said its AI dedicated card can now be used in DeepSeek Harness and OpenClaw. After authorization, users can go from recommendations to placing and paying for an order inside a conversation. The card currently supports paid access to more than 700 Pay Skills on Skillhub within the two products.
The setup process includes installing the weixinpay plugin for DeepSeek Harness or OpenClaw through an npx command. When a paid skill is used on Skillhub, the agent generates a binding link and the user links the WeChat Pay AI dedicated card. Each order then requires a second confirmation on the user’s phone before the balance on the dedicated card is charged. The company said the card is isolated from the main account balance, limits are controlled by the user and every payment needs explicit user confirmation.
Telegram founder and CEO Pavel Durov said Telegram has started rolling out Gram Wallet to some users and plans to expand access to more than 1 billion Telegram users over the coming weeks.
Durov said the wallet’s underlying smart contract has been approved by validators, clearing the way for broader rollout. Gram Wallet is based on the Telegram ecosystem and the TON network.
OpenClaw said OpenClaw 2.0, an open-source AI agent framework, has gone live. The update is described as the project’s largest to date, with 933 contributors and more than 16,000 pull requests. It spans installation, messaging, memory, skills, models, automation, browser and native apps, plugins and security.
The team said it simplified setup and rebuilt the browser app as the main interface. The new version also adds shared cloud sessions for collaboration and task handoff. OpenClaw 2.0 remains open source and is not tied to a single company or AI provider.
SEC and MSCI developments in U.S. markets
Bloomberg reported that the SEC is planning to scrap current rules covering shareholder proxy proposals at public companies. The proposal has been sent to the White House Office of Management and Budget for review. It remains in the regulatory process and the final rule and implementation details have not been set.
The SEC has also tightened scrutiny of SPVs used for investing in private companies, asking registered investment advisers to prove that their SPVs actually own or hold the private-company shares they claim to own. People familiar with the matter said requests often include document production and, in some cases, on-site interviews. Reviews can last from weeks to as long as a year.
Strategy, for its part, sent a letter to index provider MSCI opposing a proposal to remove “non-operating companies” from the global investable market index. Strategy called the move discriminatory and the wrong direction. It said MSCI floated a similar proposal in 2025 targeting companies whose digital asset holdings exceeded 50% of total assets, then withdrew it. Strategy argued the new proposal would reach the same result under a different label.
The company said it is an operating business, reports its bitcoin activity as an operating segment, records gains and losses as operating expenses, employs 1,500 people globally and actively uses bitcoin to create shareholder value. Earlier reporting said MSCI was considering excluding non-operating companies from the index family, and Strategy replied that bitcoin does not need MSCI.
Hyperliquid, Polymarket and C1 Fund updates
Hyperliquid Labs is in advanced talks with Payward, Kraken’s parent company, about offering perpetual futures tied to the Hyperliquid ecosystem to U.S. traders through Bitnomial, according to the report. If regulators approve the arrangement, U.S. users would be able to trade selected perpetual contracts linked to token prices on the Hyperliquid blockchain. The companies have not commented publicly, and any deal would still require regulatory approval.
1789 Capital, where Donald Trump Jr. is a partner, is planning to invest about $300 million more in prediction market platform Polymarket. The investment would form part of a roughly $1 billion round led by 1789 Capital and would value Polymarket at about $21 billion if completed. 1789 Capital has already invested about $200 million in Polymarket and would become one of its largest investors after the new round. Intercontinental Exchange is currently Polymarket’s largest shareholder, with previously disclosed holdings worth $1.6 billion, or about 22% of outstanding shares.
Crypto investment fund C1 Fund also reported second-quarter 2026 results, saying its portfolio had expanded to 11 crypto companies by the end of the quarter. It added Polymarket during the period but did not disclose the investment amount. Its two largest exposures are Ripple at 17.5% of net assets and Payward at 16.9%.
C1 Fund also said it had repurchased and retired 249,300 shares as of July 31 at a total cost of about $824,000, and it has authorization to buy back as much as $3 million in stock.
Solana, Robinhood Chain and Ontology report network changes
Solana’s seven-day average fees reached nearly 9,200 SOL on Thursday, Aug. 27, the highest level on record and more than 80% above the figure from three months earlier. Non-vote transactions averaged 191 million over seven days, also a record, versus 88 million in the same period last year. Jito validator fees averaged 2,073 SOL a day in the past week, up 26% from the prior period.
At the same time, proposal SGP-0002, described as a dual-deflation proposal, passed with 67.001% support and a 60.7% turnout, both records for Solana on-chain governance participation. The proposal doubles the annual inflation reduction rate from 15% to 30% and is expected to cut SOL issuance by about 18.9 million over the next six years. That would lower staking yield from about 5.25% now to 2.25% by the third year, and smaller validators that rely on inflation income rather than fees could become unprofitable within three years.
Robinhood Chain posted a record $989 million in daily DEX volume last Friday. Total value locked rose to $708 million, up nearly 100% month on month, while stablecoin supply on the chain reached about $770 million, up 47% over the month.
The leading sector on the chain also shifted. Meme coins led activity in July, but practical and infrastructure tokens gained traction in August. Launchpad platform PONS climbed from a $20 million market cap to more than $200 million. Another launch platform, LONG, focused on meme coins paired with tokenized stocks. One AI-related token, Artificial Inu, paired with tokenized NVDA, jumped from a $1.5 million market cap on Aug. 1 to a peak of $135 million on Aug. 30.
Ontology said on X that it found a potential security issue during routine checks and paused mainnet block production for a full review. The team said no security incident has been confirmed and user assets have not been affected. ONT, ONG and other on-chain assets remain unaffected based on current assessment. No restart time was given.
Lazarus-linked flows, Injective exploit claim and Bitfinex market note
Addresses linked to the OFAC-sanctioned North Korean hacking group Lazarus Group have recently moved more than $30 million through Hyperliquid, listed in the report as HyperUnit. Funds arrived as bitcoin, were traded into ETH and SOL, then bridged to Tron, Solana and Ethereum before being deposited into KuCoin, LBank, Kraken and several unlabeled Tron-based services.
One cluster with about $30 million in inflows could be traced back to addresses already labeled as Lazarus. Another cluster, with about $5 million in HL trading volume, showed similar dormancy patterns, address types and counterparty behavior to known Lazarus wallets. ZachXBT had previously linked these addresses to Lazarus Group in 2024 and tied them to $61 million in stolen funds.
X user Paddy-earthling said Injective was paused for about four hours because of a binary options exploit. According to the post, the attacker used a deprecated but still registered oracle called Frontrunner to steal about $4.9 million. The oracle’s data source had long been emptied. The attacker created 299 markets pointing to it, triggering a no-price refund path when prices could not be fetched, then exploited that mechanism to receive about double payouts. The USDC was later swapped into about 1,980 ETH, now held in an Ethereum wallet that has not sent any transactions.
Paddy-earthling also said the protocol-level shortfall had already been filled, but the fix happened without a governance vote or public explanation, leaving it unverifiable from outside. The attacker has not moved the funds after consolidating them into a single wallet. The author disclosed holding a long INJ position.
Bitfinex said in a market note that bitcoin remained above $77,100 despite tighter macro conditions. After Fed Chair Warsh delivered a hawkish Jackson Hole speech, BTC fell back from above $81,000. Bitfinex said the August rally was driven mainly by spot buying rather than excessive leverage. Open interest rose gradually, basis remained relatively controlled, U.S. spot bitcoin ETFs posted nearly $1 billion in net inflows last week, and ethereum investment products recorded ten straight days of inflows totaling $815.7 million.
On the macro side, the note cited U.S. PCE inflation at 3.7%, core inflation at 3.3%, second-quarter private demand annualized growth at 4.2%, and a fiscal-year deficit of $1.8 trillion over the first ten months. Warsh reiterated that the 2% inflation target is a hard constraint, and the market raised the probability of a September rate hike to 57%. Bitfinex said ETF and stablecoin liquidity continue to support prices, while rate-hike expectations cap upside.
Macro watch: bonds, gold and September equities
U.S. Treasury Secretary Bessent said he and Federal Reserve Chair Warsh are aligned on bonds. He said the 10-year Treasury yield has been roughly flat since President Donald Trump took office, added that he never said he was trying to change the direction of bonds, and said he would not speculate on what the Fed may do. He also said Fitch reaffirmed the U.S. credit rating, core inflation remains very tame and rate increases are not the usual response to supply shocks.
Bessent also said he has not bought any bonds and is working with budget director Vought on a fiscal consolidation plan. He said the U.S. may become a top bond market because of buyback-related news. He also said he believes in Japan, expects the Bank of Japan to take steps to push the yen higher and thinks the yen market already reflects those expectations.
Another market analysis said the U.S. primary deficit has pushed funds toward safe-haven assets. Even though rising yields usually weigh on non-yielding assets, debt concerns helped lift bitcoin 23% this month. In the BTC options market, notional open interest in calls struck between $80,000 and $100,000 runs into the billions of dollars, showing concentrated bets that bitcoin will break above $100,000 in the final four months of 2026.
On equities, commentary said the September “curse” for U.S. stocks is approaching. U.S. stocks managed to hold gains in August despite choppy trade, but with the S&P 500 stalling near highs, Treasury yields climbing and disagreement over Nvidia’s valuation widening, the market is nearing a critical threshold. Implied odds of a September rate hike have now moved above 50%.
Gold analysis said bullion extended losses into the last trading day of August. Spot gold fell more than 3% in the previous session, its biggest one-day decline since June 10, and briefly dropped below $4,400 per ounce on Monday before trimming losses. Rajeev De Mello, global macro portfolio manager at GAMA Asset Management, said gold may retreat to $4,200-$4,300 per ounce in the short term, though he remains a holder.
a16z, Fomo, Anthropic and AI updates
Andreessen Horowitz expanded its fifth growth fund from $6.75 billion at launch in January to $8.5 billion, adding $1.75 billion. Days earlier, the firm said it had raised $1.1 billion for a new Machine Era fund focused on AI hardware startups including chips, memory, networking and storage.
On-chain social trading app Fomo acquired Mobula’s data indexing software and team for $17 million. Fomo CEO Paul Erlanger said traders need timely pricing, trading and wallet data to decide whom to follow and what to buy.
People familiar with the deal said Anthropic has signed a $35 billion cloud services agreement with Lambda, a cloud provider backed by Nvidia. The lease rights to the data center belong to Nvidia. The site is being built by bitcoin miner and data-center developer Hut 8 in Nueces County, Texas. Sources said Nvidia signed with Hut 8 weeks ago to secure the compute capacity. It remains unclear how much Lambda will pay Nvidia to use the facility. Lambda plans to deploy Nvidia chips in the Hut 8 facility, and Nvidia is also an investor in Lambda.
PANews’ AI watch also highlighted several short items: an AI duck robot product generated $2.6 million in sales in 24 hours; fal launched an interactive AI livestream platform called fal.live powered by the MiniMax H3 model, allowing viewers to vote on the plot in real time; and Elon Musk said Grok now supports deep video analysis, can identify AI-generated deepfakes and trace their technical origin, and in tests produced a detailed summary of a 30-minute video in 36 seconds.
CZ on Hong Kong, AI and personal finance
Binance founder Changpeng Zhao said in an interview that Hong Kong is “very progressive in its thinking” and works well as a top sandbox for China’s digital currency experiments, financial innovation and Web3. But he said the city cannot rely only on a traditional mindset of protecting the Hong Kong exchange if it wants to retain financial leadership in Asia. It needs to try financial innovation. Zhao said he is especially optimistic about RWA tokenization because putting assets on-chain can remove time-zone and cross-border limits and unlock liquidity for assets in smaller markets. He added that Hong Kong still needs more regulatory flexibility: “Right now it’s either no regulation or overly strict regulation.”
On the industry outlook, Zhao said crypto has already lived through its harshest winter and the sector’s fundamentals are healthy. After eight years of development, decentralized exchanges are more mature in both technology and user understanding, he said. If global regulation continues to loosen, the industry could expand much more. On AI, Zhao said Hong Kong is not an internet base and is not particularly strong in AI. He predicted AI agents will eventually use cryptocurrencies widely for automated transactions, likely starting with stablecoins and then moving into bitcoin and other assets.
In a separate interview, Zhao described his “four don’ts” for managing money: no stocks, no property speculation, no short-term coin trading and not holding too much cash. He said property transactions take too much time and are not worth the return, and that he has never traded stocks or short-term crypto, preferring long-term holdings and selling part of his crypto only when needed. He called holding fiat “the dumbest investment approach” because cash keeps losing value.
Zhao said he sold his home in 2013 to go all-in on bitcoin, then watched the price fall by two-thirds and move sideways for a year and a half. He founded Binance in 2017, and the exchange became the world’s largest in five months. In 2023, he was sentenced to four months for violating the U.S. Bank Secrecy Act, was pardoned by Trump last year, and now has an estimated fortune of about $114.6 billion. He said success involved luck, but also making the right decisions consistently and correcting mistakes quickly.