Odaily News JPMorgan Chase is expanding its digital asset and blockchain team within the Chase retail banking division, which serves individual and small business clients. The team is responsible for developing digital asset strategy, building partnerships with cryptocurrency companies, and developing new products. JPMorgan Chase is also evaluating options including in-house development, external collaboration, and acquisitions. Team member Sameer Kumar has disclosed that he has joined the division. In February this year, JPMorgan Chase stated that blockchain and stablecoins could potentially be applied to personal finance in the future, but it remains difficult to achieve in the short term. Currently, the bank already serves corporate clients through its Kinexys blockchain business and JPM Coin tokenized deposit services.
Odaily News: Zhipu reported first-half revenue of RMB 953.9 million, up approximately 400% year-on-year, with an estimated full-year figure of RMB 1.35 billion. Gross profit stood at RMB 251.6 million, against an estimated RMB 338.4 million. Operating loss reached RMB 2.15 billion, compared with an estimated loss of RMB 2.93 billion. R&D expenses totaled RMB 2.13 billion.
Odaily reported that Catapult Trade has announced raising approximately $6.6 million in total through four rounds of financing—Seed, Private, KOL, and Early Public. Investors include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, as well as multiple institutions and angel investors such as the founder of LIS Skins and the founder of Trady. The project primarily focuses on a gamified meme coin launchpad and synthetic leveraged trading platform built on Solana. The project team stated that the full list of investors and details of each financing round will be disclosed two weeks before the token TGE, which is expected to launch in autumn 2026, with further updates to be announced in September.
Odaily News According to data from MSX.COM, US premarket cryptocurrency concept stocks are mixed, with CRCL up 0.68%, MSTR up 2.01%, COIN up 1.31%, BMNR up 0.92%, SBET up 0.61%, and PURR up 5.93%.
It is reported that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stocks and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
Odaily Block News: Bitget has launched the 11th CFD King Championship, with a total prize pool of 75,000 USDT. The participation period runs from August 31 at 21:00 to September 7 at 21:00 (UTC+8). During the event, users who complete designated CFD trading tasks will earn opportunities to draw mystery boxes, with a 100% chance of winning USDT cash vouchers.
Additionally, users who invite new users to complete trading tasks will receive USDT rewards for both the inviter and the invitee. Users who meet daily trading thresholds can also accumulate points to share in a 7,600 USDT points prize pool. The top 470 users by cumulative trading volume will collectively share a 47,400 USDT ranking prize pool, with the champion taking home 4,000 USDT. For more details, please refer to Bitget's official platform.
Odaily News: Shana Bautista, Polymarket's Director of Global Investigations and Intelligence, stated that Polymarket has implemented a system to identify anomalous trading activity and will continue to block US users from accessing its international platform, in compliance with a settlement agreement reached with US regulators in 2022. Polymarket plans to launch a new webpage detailing the operational mechanics of its market integrity review mechanisms, including machine learning, blockchain analysis, and transaction monitoring, and has already referred over 100 cases to law enforcement.
Odaily News: Paradis posted on X platform, stating that Goldman Sachs pointed out that memory in humanoid robots is expected to account for up to 40% of their semiconductor value, excluding GPU and CPU.
Goldman Sachs noted that while memory configurations may vary, their assumption is that each humanoid robot carries an average of approximately 128GB of DRAM memory and about 1TB of NAND non-volatile memory. Based on this assumption, the serviceable addressable market per unit for DRAM is $250–$350, for NAND is $350–$450, bringing the total memory serviceable addressable market per unit to $600–$800 or higher.
Given the high edge computing loads in humanoid robots, Goldman Sachs expects at least part of the memory in each system to adopt HBM. HBM is primarily supplied by Micron, Samsung, and SK Hynix, and in the short term, Chinese memory manufacturers, including ChangXin Memory Technologies (CXMT), may face limited competition. Whether humanoid robot manufacturers will source HBM and traditional DRAM separately from different suppliers remains to be seen.
DRAM and NAND memory prices may fluctuate, but Goldman Sachs used approximate market prices at the time of writing in its assumptions, as many long-term agreements have already been signed at these price levels.
Odaily News: The four addresses previously held approximately $4.215 million in long positions and $3.169 million in short positions, with an overall net long of about $1.046 million. The combined positions have shifted toward the short side by 13,035.52 units, equivalent to approximately $15.833 million at the current price. Among them, one address was nearly flat on Friday and began opening short positions on Saturday, currently holding shorts of about $4.615 million; another address still held 2,309.47 long contracts on Friday, but closed its longs and reversed to open shorts this morning, incurring a loss of approximately $116,000 during the position flip; the third address converted from 1,200 long contracts to 1,800 short contracts, with a current short position of about $2.186 million; the fourth address had already established shorts on Friday and continued to add to them, with a current short position of approximately $6.581 million. SKHX closed at $1,200.9 on Friday and is currently trading at $1,214.6, up about 1.1% since the weekend. The weighted average cost of the existing short positions across the four addresses is approximately $1,174.54, with a combined floating loss of about $487,000 at present. SKHX's notional open interest has fallen from approximately $328.9 million on Friday to around $315 million currently, a decline of nearly 4%. Among the current 66 million-dollar-level SKHX positions, there are 35 longs and 31 shorts, with an address long/short ratio of 1.13; on a dollar-value basis, the long/short ratio stands at 0.71, implying a net short of approximately $36.755 million. The four addresses account for about 11.7% of the large short positions in this category.
Odaily Planet Daily News: BitcoinTreasuries.NET posted on X platform that Simon Gerovich, CEO of Metaplanet (3350.T), acquired 64 million common shares of the company by partially exercising the 10th series stock purchase rights. After the exercise, his total shareholding reached 79.58 million shares, representing approximately 5.9% of the company.
Odaily Odaily News: Bybit today added a Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
Odaily News: In an exclusive interview, JPMorgan China equity strategist Zhang Xiaoning told reporters that AI hardware supply constraints will last at least until 2028, and that mainstream tech companies' bond ratings are all at investment grade, making debt concerns an "overreaction." The bank continues to overweight Chinese equities, setting its end-2026 baseline target points for the MSCI China Index and the CSI 300 Index at 100 and 5,200, respectively, with bear-case scenarios at 80 and 4,000.
Zhang Xiaoning said the AI technology sector is expected to remain the core theme of the Chinese market in the second half of the year. JPMorgan expects AI to re-establish its market leadership, viewing the current pullback as a healthy rotation rather than the end of the AI cycle. Foreign investors remain most focused on the strength of macroeconomic policy support and the pace of implementation of the "six networks" investment. (21st Century Business Herald)
Odaily News - Ireland's Deputy Prime Minister and Minister for Finance, Simon Harris, has announced that the new state-supported savings and investment scheme will exclude crypto assets and derivatives. The initiative aims to encourage residents to channel bank deposits into traditional capital markets, with Irish household bank deposits standing at approximately $197 billion, and cash accounting for around 38% of financial assets.
The scheme is open to tax-resident individuals aged 18 and over, allowing them to hold exchange-traded funds, listed company shares, and corporate bonds under a simplified tax regime, replacing the 33% capital gains tax and 41% fund exit tax with a fixed annual fee above the tax-free threshold. Specific operational details are expected to be published in October, with accounts slated to launch in 2027.
Ireland's Department of Finance has issued a national anti-money laundering strategy running through 2030. Under the new rules, starting in 2027, regulated service providers must verify ownership of external wallets when processing transfers exceeding $1,150 from non-custodial wallets, and use automated controls to identify transfers with incomplete transaction information. (Bitcoin.com News)
Odaily News: HyperliquidNews posted on X platform, stating that HIP-4, launched by @SkewTrade, is now live and has introduced 7 markets.
Odaily News According to official announcements, Gate has launched a limited-time cashback campaign for Gate Card AI subscriptions from August 28 to September 27. During the promotional period, eligible Gate Card users in supported regions who use their Gate Card to subscribe to ChatGPT or Claude AI platforms for the first time can enjoy up to 50% cashback with no minimum threshold, receiving a maximum of 10 USDT equivalent in cash vouchers. For payments, users can either swipe their Gate Card directly or link it to WeChat Pay, Alipay, TenPayGo, and other methods to complete transactions. Campaign rewards will be distributed in the form of cash vouchers within 7 days after the campaign concludes.
Odaily News: According to official sources, the Polymarket website has gone down, and users are unable to place orders. Polymarket stated that it is working to fix the issue. Trading is expected to resume by 18:00 (Beijing time) today at the latest.
