Odaily reports: Michael Burry, the real-life protagonist of the film "The Big Short" and a well-known short-seller, launched a fierce attack on the CEOs of OpenAI and Anthropic over their calls to "slow down AI development," pointing directly at what he describes as their self-serving motives.
Burry laid out four core reasons: large language models are not true AI, the intent is to protect vested interests, the goal is to generate hype and buzz for IPOs, and the aim is to conceal struggles with growth. He further pointed out that the so-called "voluntary calls to slow down" are merely a cover for the reality that slowing industry growth has become difficult to control and IPO plans have been forced to delay. (Business Insider)
Odaily News: According to MSX.COM data, US cybersecurity concept stocks strengthened against the market in early trading. CrowdStrike rose over 7%, Zscaler and Palo Alto Networks rose over 5%, and Fortinet, Okta, and Cloudflare rose over 3%.
The storage sector led the declines. Nvidia shares fell 4.1%, TSMC shares fell 3.46%, Broadcom shares fell 4%, SK Hynix shares fell 7.49%, Micron Technology shares fell 7.35%, AMD shares fell 6.2%, ASML shares fell 6.73%, Intel shares fell 7.45%, Lam Research shares fell 8.12%, ARM shares fell 8.08%, and SanDisk shares fell 7.51%.
According to MSX.COM data, the US optical communications sector collectively plunged in early trading. Corning dropped over 9%, while Marvell Technology, Lumentum, and Coherent fell over 8%, and Credo and Ciena declined over 6%.
Odaily reports: Juan Marchetti, Director of the Trade in Services and Investment Division at the WTO, stated that the primary factor limiting the adoption of stablecoins in international trade is not technology, but rather insufficient regulatory and regulatory framework development.
Citing an October 2025 report from the Financial Stability Board, he noted that only 11 of the 28 surveyed jurisdictions have finalized stablecoin regulatory frameworks, accounting for 39%. Stablecoins currently account for only 3% of total international payments, but they can address issues in trade finance such as high costs, low speed, limited access, insufficient transparency, and foreign exchange restrictions.
Odaily News: Court documents show that Elon Musk's X Corp. and xAI have settled their antitrust lawsuit against Apple. (CLS)
Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow fell 0.29%, the S&P 500 dropped 0.75%, the Nasdaq declined 1.23%, and the VIX fear index rose 11.81%. AI-related stocks broadly declined, with Teradyne down 8.79%, Marvell down 8.56%, Arm down 8.5%, Astera Labs down 7.83%, and Super Micro Computer down 7.61%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token assets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest data from Gate, the price of gold has fallen to $4,276.02 per ounce, down 1.5% intraday. The price of silver has dropped to $62.987 per ounce, down 1.55% intraday.
In the forex market, USD/CNH rose 0.09% intraday, with the current exchange rate at 6.71227. USD/JPY rose 0.89% intraday, with the current exchange rate at 154.881.
In global stock indices, the Euro Stoxx 50 (EUSTX50) fell 0.62% intraday to 6,258.04 points; the UK FTSE 100 (UK100) rose 0.89% intraday to 10,731 points; the Germany DAX 40 (GER40) fell 0.12% intraday to 25,451.9 points.
In commodities, WTI crude oil rose 2.07% intraday to $104.05 per barrel. Brent crude oil rose 1.14% intraday to $109.67 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.
Odaily reports: According to monitoring by CryptoQuant analyst Amr Taha, ahead of this week's Federal Reserve decision, Binance's multi-asset reserves showed divergence. Bitcoin reserves rose to approximately 690,000 BTC on August 13, about 3% higher than the February peak and about 2% lower than the level of approximately 704,000 BTC in August 2024. When Binance's Bitcoin reserves stood at approximately 704,000 BTC in August 2024, BTC's price was close to $59,000; it subsequently broke through $120,000 in October 2025. Currently, BTC's price is close to $76,800, about 30% higher than the comparable price in August 2024.
Odaily News: According to Bitcoin News monitoring, on September 11, Bitcoin experienced another single-block reorganization at block height 966500, caused by SpiderPool and AntPool each generating valid blocks on the same parent block. The stale block generated by SpiderPool contained approximately 3.1389 BTC in block rewards, which went unpaid. This is the third single-block reorganization since August 16.
Odaily reports: In its latest quarterly assessment, the Bank for International Settlements (BIS), known as the "central bank of central banks," issued a warning that alongside the rapid rise in leverage and the growing opacity of underlying debt structures, the financial vulnerabilities underpinning this round of exuberance are intensifying.
This risk warning is not unfounded. In July of this year, the Situational Awareness fund, helmed by Leopold Aschenbrenner, staged a harrowing episode. The fund had placed heavy bets on the AI sector, but a sharp drop in the valuation of its underlying assets triggered a wave of margin calls from banks, ultimately forcing it to urgently transfer the core holdings of its public market equity portfolio to Ken Griffin's Citadel in order to barely survive the liquidity crisis.
In the BIS's view, this incident is a typical microcosm of leveraged hedge funds becoming deeply entangled in core markets. Frank Smets, Head of Economic Analysis and Statistics at the BIS, pointed out that cross-market leverage is concerning, as it can easily amplify normal market fluctuations into severe systemic shocks. The near-miss of AI-themed hedge funds has once again laid this risk bare.
Odaily: Tina has announced the completion of a $3 million funding round, with participation from Thinkware, Gemhead Capital, Archer Capital, and Mayer Venture. Tina is a Solana-based geospatial DePIN network that transforms community-contributed geospatial data into real-world datasets through its mobile ecosystem. Users can collect and verify location data such as points of interest, roads, and traffic during their daily drives, and earn token rewards in return.
Odaily News: According to SoSoValue data, as of 8:00 AM Eastern Time on September 14, 2026, the total net sell of Bitcoin by global listed companies (excluding mining companies) last week was $21.63 million on a single-week basis, a decrease of 108.1% compared to the previous week.
Strategy (formerly MicroStrategy) did not purchase Bitcoin last week, marking two consecutive weeks without a purchase.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking nine consecutive weeks without a purchase.
In addition, three other companies announced Bitcoin purchases or Bitcoin holdings last week. KULR, an aerospace-grade defense battery thermal management and safety solutions provider, announced on September 11 that it earned approximately $58.5 million from August 20, 2026 to September 11, 2026, and sold approximately 764 Bitcoin at a price of $76,633, having sold all of its Bitcoin holdings; French Bitcoin company Capital B announced on September 14 that it purchased 4 Bitcoin at a price of $77,219, bringing its total holdings to 3,525 Bitcoin; asset management company Strive announced on September 14 that it spent approximately $36.56 million last week to purchase 469 Bitcoin at a price of $77,954, bringing its total holdings to approximately 25,000 Bitcoin.
As of press time, the global listed companies in the statistics (excluding mining companies) collectively hold a total of 1,125,978 Bitcoin, an increase of 0.54% compared to the previous week, with a current market value of approximately $87.52 billion, accounting for 5.6% of Bitcoin's circulating market value.
Odaily News: Microsoft (MSFT.O) has released an interim code of conduct imposing restrictions on AI models, just days after the heads of Anthropic and OpenAI agreed to slow down development pace.
The company hopes to be seen as a responsible AI player, and it is one of the leading cloud service providers. "We've received feedback from people who want to see clearer commitments: that AI always serves humanity rather than trying to replace it," Mustafa Suleyman, who oversees the company's model development, said in an interview with CNBC. "We've received a great deal of feedback emphasizing that AI should not create dependency, should not be sycophantic, and should always promote human judgment, autonomy, and agency." Suleyman said that although these guidelines had been in the works for about five months, Microsoft chose to release them now given the recent discussions they have sparked. (CNBC)
Odaily News: Trump's commitment to AI has reached nearly the limit of what a politician can achieve; meanwhile, Democrats' ambivalence toward AI has also reached the limit of what a political party can sustain. This enormous divide makes it nearly impossible to imagine reaching a federal AI regulatory consensus this year, or possibly even until early 2029, regardless of who wins control of Congress. In his remarks on Sunday, Trump dismissed safety warnings from AI giants as "a lot of negative forces," though it remains unclear who Trump was referring to.
Trump's "AI accelerationist" allies, including Silicon Valley venture capitalists, view these safety alarms as a tactic by dominant players in the field to lock in regulations favorable to themselves. On the other side, congressional Democrats are coalescing around a sense of urgency, but lack an equally clear consensus on what exactly should be done. House Minority Leader Hakeem Jeffries said his caucus will meet on Tuesday to debate what actions to take on AI; meanwhile, former President Obama is privately urging Democrats to make AI a top priority. Democratic Representative Greg Casar, however, wants to directly ban superintelligence and pause advanced AI development. (AXIOS)
Odaily News: Canaan Inc. released its unaudited operational data update for the period ended August 31, 2026, disclosing that in late August it sold its entire 3,952 ETH holdings at an average price of approximately $2,400 per ETH, and sold 54 BTC at an average price of approximately $79,000 per BTC. The company used part of the proceeds to repurchase approximately 13.6 million American Depositary Shares ('ADS'), bringing the total number of ADS repurchased since the beginning of the year to approximately 16.4 million. (PRNewswire)
Odaily News: DeFi Development Corp. disclosed that its SOL reserves increased by 55,491 tokens, bringing its holdings to approximately 2,388,900 SOL and SOL equivalents, up about 2% from August 27, 2026.
At the same time, the company established an at-the-market issuance program of up to $300 million for its Series C perpetual preferred stock CHAD, with an issuance price expected to be no lower than the $10 per share par value, and the net proceeds will mainly be used to continue increasing its SOL holdings.
The company stated that SOL has outperformed the Nasdaq 100 Index by 39 percentage points quarter-to-date, while DFDV's performance during the same period reached twice that of SOL. CEO Joseph Onorati said the program gives the company the structure to build CHAD into a new growth engine, with the issuance price to be no lower than the $10 par value. (Globenewswire)


