Odaily reports: According to on-chain analyst Yu Jin's monitoring, Hyperliquid's largest long position worth $233 million has turned from profit to loss, currently showing an unrealized loss of $3.39 million. After closing $537 million in long positions on 8/25 with a profit of $61.72 million, he began reopening longs on 8/28, and has opened so far:

◎1,400 BTC ($110 million), average long entry price $78,672, currently showing an unrealized loss of $1.94 million.

◎50,000 ETH ($123 million), average long entry price $2,469, currently showing an unrealized loss of $1.45 million.

Odaily News  Data shows that the concentration of top-tier assets in the crypto market has returned to 2021 levels. Excluding stablecoins, among the top 100 crypto assets by market cap, the "Crypto Magnificent Seven" (MAG7) has seen its market cap share rise to 92.1%, with Bitcoin alone accounting for 66.6%, significantly higher than five years ago. This means that the overall growth of the current market is increasingly reliant on a small number of top-tier assets, while the broader altcoin market is receiving a noticeably smaller share of capital.

Odaily News — Global payments company MoneyGram has launched its first stablecoin Visa card in Colombia, developed with assistance from stablecoin payment infrastructure company Rain. The card is currently available in digital form, allowing users to hold U.S. dollar stablecoin balances within the MoneyGram app and make online and offline payments through the Visa network. Users can also convert their balances into local cash and withdraw at MoneyGram locations. The card initially supports USDC, and MoneyGram plans to add its own stablecoin MGUSD in the near future. The company also plans to launch a physical card by the end of 2026 and expand its business to other Latin American markets first. (The Block)

Odaily reports that according to Lookonchain monitoring, today U.S. Bitcoin ETFs saw a net outflow of 2,148 BTC, with a 7-day net inflow of 8,587 BTC; Ethereum ETFs saw a net outflow of 9,540 ETH, with a 7-day net inflow of 39,046 ETH.

Odaily News: An industry coalition comprising Nasdaq, the Stuttgart Stock Exchange, and other institutions has called on the EU to remove or raise the cap on tokenized securities pilot programs, stating that the current cap is too low and that some existing European tokenization projects have already exceeded this limit. The coalition recommends that the EU expand the pilot scope so that market participants can further test blockchain-based securities issuance, trading, and settlement models.

Odaily News: Crypto trader Bonk Guy stated that unless tomorrow's U.S. CPI data significantly changes the market's trajectory, the short-term market may become more difficult and volatile, with on-chain market fluctuations particularly worth watching. This condition could even persist until the fourth quarter. Currently, frequently chasing new trading pairs and liquidity rotation is the operation most likely to cause capital losses. Rather than constantly switching positions, it is better to concentrate on holding your most favored assets and use pullbacks as opportunities to add positions, with particular attention to assets that have recently shown strong performance. Bonk Guy emphasized that the current market cycle is far from over, and the market may simply need to undergo a period of adjustment and digestion. Investors should not exit prematurely due to short-term fluctuations, lest they miss a potentially larger rally in the fourth quarter.

Odaily News: Prediction market platform Kalshi has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch gold and silver perpetual contracts on September 10. This marks the first non-crypto perpetual contract product approved by the CFTC. Kalshi was first approved to offer cryptocurrency perpetual contracts in late May of this year, and related products have since reached $44 billion in notional trading volume. Kalshi stated that gold and silver event contracts have exceeded $400 million in trading volume over the past 7 months, prompting the company to further expand its precious metals perpetual contract business. Additionally, Kalshi is also seeking to launch perpetual contracts related to US stocks, copper, and forex. (CNBC)

Odaily reports: According to Hyperbot data, due to the decline in Bitcoin price, Machi Big Brother Huang Licheng's Bitcoin long position was fully liquidated approximately 1 hour ago, with a loss of about $260,000. Currently, Machi Big Brother's overall position value is approximately $87.11 million, with an unrealized loss of $1.469 million:

1. 25x leveraged Ethereum long position holding 33,000 ETH, position value $80.124 million, unrealized loss $1.076 million;

2. 10x leveraged HYPE long position holding 86,000 HYPE, position value $6.99 million, unrealized loss $393,000.

Odaily News: Researchers from institutions including the Ethereum Foundation, Theta Labs, and StarkWare have jointly published a paper, using AI coding agents to deeply optimize the core operations of Shor's algorithm. The computing resources required for a potential quantum attack on Bitcoin and Ethereum (secp256k1 cryptographic system) have been reduced by more than 50% compared to Google's benchmark in March of this year. The number of logical qubits required for the circuit has been compressed to 1,151, and later versions have even been reduced to 813. Although current quantum hardware still cannot directly break public chains, the research shows that pure algorithmic optimization is significantly narrowing the time window for the quantum threat. The researchers emphasize that quantum-resistant upgrades take a long time and cannot be applied retroactively, and the industry needs to prepare defenses in advance. (Coindesk)

Odaily News: According to market sources, Meta AI researcher Andrew Tulloch will leave to join Anthropic.

Odaily reports that SpaceX has disclosed a major adjustment to the way it builds AI data centers, which could slow the expansion pace of new data center campuses. According to people familiar with the matter, Musk recently assigned a group of rocket engineers to oversee data center construction. Unlike his past management style that emphasized "moving fast," the new team has adopted a more cautious approach to construction. Two years ago, Musk built data centers for his AI business at a record pace, and this shift in construction approach may extend the construction cycle for new campuses. (The Information)

Odaily News: According to MSX.COM data, US stocks opened with the Dow down 0.49%, the S&P 500 down 0.57%, the Nasdaq down 0.9%, and the VIX fear index up 12.21%. AI concept stocks broadly declined, with CoreWeave down 5.45%, Tempus AI down 4.35%, Arm down 3.85%, Ambarella down 3.71%, and KLA down 3.63%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stock and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily reports: According to the latest Gate data, the price of gold fell to $4,356.09 per ounce, down 1.18% intraday. The price of silver fell to $64.487 per ounce, down 3.41% intraday.

In forex, the US dollar rose 0.11% intraday against the offshore Chinese yuan (USD/CNH), with the current exchange rate at 6.71315. The US dollar rose 0.45% intraday against the Japanese yen (USD/JPY), with the current exchange rate at 154.212.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 0.63% intraday, to 6,280.81 points; the UK FTSE 100 Index (UK100) fell 0.2% intraday, to 10,633.2 points; the German DAX 40 Index (GER40) fell 0.29% intraday, to 25,460.8 points.

In commodities, WTI crude oil rose 3.06% intraday, to $100.1 per barrel. Brent crude oil rose 3.06% intraday, to $106.13 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 of crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web, 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 a statement from the U.S. General Services Administration (GSA), OpenAI is ending a pilot program that allowed government agencies to use its models for just $1 per year, shifting to a usage-based pricing system where federal workers will access the technology at a 50% discount off standard rates.

In August of last year, to drive adoption of its models, OpenAI joined GSA's OneGov marketplace—a hub that allows federal agencies to purchase AI software at scale. According to previous reports, the $1-per-year terms negotiated for the first year represented the largest technology discount ever secured by the government's central procurement department. According to GSA, during this period, 3.5 million federal employees used OpenAI's ChatGPT, generating $1.4 billion in cost savings.

According to on-chain analyst Ai Yi, a certain ETH whale opened a position again after five months, spending 4.82 million USDT to buy 1,951 ETH at a cost of $2,469.6, and subsequently deposited it into Morpho.