Odaily News - Wall Street investment bank Cantor Fitzgerald has raised its Coinbase target price from $184 to $212 and maintained an "Overweight" rating. The firm stated that after Bitcoin recently reclaimed the $80,000 level, valuations across the crypto ecosystem have seen a recovery. As the leading U.S. compliant trading platform, Coinbase remains one of the core stocks for institutional capital seeking beta exposure to the crypto market. Sentiment in the crypto market has warmed recently, with Bitcoin rebounding from its recent lows, driving improvements in trading volumes, ETF inflows, and valuations of related stocks. Coinbase's share price has also recovered alongside crypto assets, with the market beginning to price in higher expectations for trading revenue, custody revenue, and subscription services revenue. Cantor Fitzgerald has incorporated Coinbase management's latest guidance for the third quarter into its model: subscription and services revenue is expected to be between $500 million and $580 million, transaction fees as a percentage of net revenue are expected to be in the mid-teens, and adjusted expenses are expected to be between $980 million and $1.08 billion. The firm believes that if Bitcoin maintains its strength, the trading activity and risk appetite in the crypto ecosystem will continue to support Coinbase's valuation.

Odaily星球日报讯 韩国产业通商部与韩国科学技术信息通信部明年将投入 4.5217 万亿韩元，推进物理 AI、半导体、数据中心三大项目。其中，产业通商部预算 3.7261 万亿韩元，科学技术信息通信部预算 7956 亿韩元。

产业通商部将投入 7628 亿韩元推动制造业 AI 转型，用于制造现场数据获取、AI 基础模型开发、国产人形机器人普及及关键零部件与材料设备生态建设；另安排 1.5541 万亿韩元支持半导体，430 亿韩元用于 AI 数据中心技术与人才培养。

科学技术信息通信部将向物理 AI 投入 1337 亿韩元，开发通用物理 AI 基础模型并与韩国邮政开展物流实证；半导体和数据中心分别投入 1350 亿、2229 亿韩元，其中包括 10 兆瓦 AI 数据中心测试平台建设。（ZDNet）

Odaily News: Arthur Hayes announced on the X platform that Technocore.chat is now live.

Odaily News: Manus announced on the X platform that it has resumed independent operations and entered a new phase of development. Founding team members, including Red Xiao, will continue to oversee company operations, with a focus on advancing product innovation and the development of general AI agents.

Manus stated that, as an independent agent laboratory, the company will continue to expand the boundaries of general AI agent capabilities and translate new capabilities into products to help users tackle complex tasks. Looking ahead, Manus will further integrate into users' daily workflows, interact more directly with the real world, and proactively execute tasks on behalf of users. Manus also expressed gratitude to users who recently helped with data backup and recovery, and hinted at launching more innovative products in the future.

Odaily News: Two wallets lost approximately $187,000 in funds after failing to revoke approvals signed in 2024. One incident involved 124,000 USD worth of SYN, with the approval signed in February 2024; the funds arrived on August 30 and were drained about 25 hours later. The other involved 62,489 USDC, with the approval signed in July 2024; the funds arrived on August 27 and were drained about 4 days later.

Odaily News According to SoSoValue data, yesterday (Eastern Time August 31), SOL spot ETFs recorded a single-day total net inflow of $925,000.

Only the Fidelity Solana Fund ETF (FSOL) saw net inflows yesterday, with a single-day net inflow of $925,000, bringing its cumulative historical net inflow to $213 million.

As of press time, the total net asset value of SOL spot ETFs stands at $1.436 billion, with a SOL net asset ratio of 2.37%, and cumulative historical net inflows have reached $1.341 billion.

Odaily News: SHEIN officially listed on the Hong Kong Stock Exchange today, with the stock short name SHEIN-W and code 00625. The company priced its IPO at HK$48.56 per share, raising approximately HK$13.6 billion, with a listing valuation of around US$26 billion. During its first day of trading, SHEIN's opening price matched the issue price, but subsequently declined, falling to around HK$43.72 intraday, a drop of about 10%. The SHEIN Pre-IPO market on Trade.xyz within the Hyperliquid ecosystem crashed 15% yesterday, pricing in SHEIN's debut breakdown ahead of time. As of press time, the xyz:SHEIN contract price stands at approximately US$5.69, equivalent to about HK$44.6 under the Hong Kong dollar linked exchange rate system, closely aligning with SHEIN's intraday range of around HK$44 on its first day on the Hong Kong Stock Exchange.

Odaily News – StableStock has officially launched Korean stock trading, allowing users to directly trade Korean-listed stocks and ETFs using stablecoins.

The initial rollout includes 300+ Korean stocks and ETFs, covering core sectors such as semiconductors, automobiles, internet, and biopharmaceuticals, featuring representative companies including Samsung Electronics, SK hynix, Hyundai Motor, NAVER, and Kakao.

Korean stocks traded on StableStock correspond to real Korean-listed securities rather than synthetic assets. Transactions are executed through licensed financial institutions, with corresponding clearing and custody completed.

Since its official launch over a year ago, StableStock has served more than 23,000 users, with cumulative trading volume reaching hundreds of millions of dollars. The platform has already opened its API, enabling users and institutions to combine real stock spot positions with crypto derivatives to build market-neutral and funding rate strategies, and plans to launch its own stock funding rate strategy products.

Odaily星球日报讯 据 Dune 数据，Robinhood 链上币股配对 Meme 连续 4 日超过股票代币交易量，占据了 Robinhood 链 RWA 交易主要市场份额。币股配对 Meme 同时也在拉到股票代币交易，8 月 31 日币股配对 Meme 交易量达 9310 万美元，较前一日增长约 2000 万美元；股票代币交易量达 9140 万美元，较前一日增长约 4000 万美元。

币股配对 Meme 更多介绍及分析可阅读《Robinhood 链再现市值过亿金狗，币股配对 Meme 反哺 RWA》

Odaily News JPMorgan and Citadel Securities have both issued short-term warnings, advising investors to remain cautious ahead of the upcoming period of dense macro data releases and the Federal Reserve policy meeting, and to utilize option prices currently at yearly lows to strengthen downside risk hedging.

After Fed Chair Warsh delivered a clear signal in his highly anticipated speech on August 28, emphasizing that U.S. inflation has not shown any substantial slowdown, the trading team led by JPMorgan's Head of U.S. Market Intelligence, Andrew Tyler, decided to abandon their bullish stance ahead of the September 16 Fed policy decision. Although they expect economic data and corporate earnings to continue providing support, they have downgraded their view on U.S. equities to tactically cautious.

Scott Rubner, Head of Equity and Equity Derivatives Strategy at Citadel Securities, noted that retail investor buying activity in September, as tracked by his firm, has been the weakest of the year since 2019. On days when the S&P 500 index declines, average net retail buying volume is only about half of normal levels. (Bloomberg)

According to Odaily, on-chain analyst Ai Yi's monitoring reveals that an address bought 78 WBTC on-chain on May 19 at an average price of $76,824, with a total investment of approximately $5.99 million. After the position was established, the price of WBTC continued to decline, and the address's assets once shrank by 24%, with a floating loss of $1.423 million. 9 hours ago, the address closed its position at $78,463, ultimately securing a profit of $127,000.

Odaily News, Pons announced on the X platform that over the past 24 hours, its users paid the highest fees among all on-chain Launchpads, with the platform's single-day trading volume exceeding $500 million during the same period. All related activities took place on the Robinhood chain.

Odaily News: Following unauthorized actions taken by Claude, Anthropic has announced a temporary pause on some AI training and cybersecurity evaluation work. (Axios)

Odaily News: Registration for the Bitget 2026 King's Cup Global Invitational (KCGI) opened on August 26. To date, the tournament has successfully assembled 1,027 teams, with 27,958 participants.

It is reported that this year's KCGI has been fully upgraded, featuring "UEX All-Arena Competition" as its core highlight. For the first time, it integrates three major tracks — crypto contracts, TradFi contracts, and stock spot (rToken) — into a single competition with a unified arena, unified prize pool, and unified ranking, offering users with different trading preferences a multi-asset competitive environment. The total prize pool stands at 3 million USDT. Registration remains open until September 22, with team and individual competitions scheduled to take place from September 9 to September 22.

Odaily News: A user who signed a malicious Permit transaction 922 days ago had $97,000 worth of SYN tokens transferred by a phishing attacker; subsequently, without revoking the related approval, another $122,000 worth of SYN tokens were stolen.