Odaily News: Anatoly Popov, Deputy Chairman of the Executive Board at Sberbank, Russia's largest bank, stated that the country's compliant crypto trading is expected to reach at least 4 trillion rubles (approximately $46.43 billion) in its first year. The bank projects that as investors shift toward the official trading system, this figure could grow to approximately 7.5 trillion rubles (around $87.06 billion) by 2029.

He noted that the majority of crypto trading volume will still flow outside the regulated exchange system, with only about 20% of trading volume—amounting to 3.5 trillion to 4 trillion rubles per year—expected to be conducted through exchanges in the first year. The relevant framework will take effect on September 1, allowing investors to legally purchase crypto assets through brokers.

Non-qualified investors will be permitted to purchase up to 300,000 rubles in crypto assets annually through a single licensed intermediary, and must pass a risk awareness test; qualified investors have a higher annual cap of 3 million rubles. Official exchanges will initially only be allowed to trade Bitcoin, Ethereum, and USDT, with all other altcoins excluded; exchanges must complete their registration by July 1, 2027. (Bitcoin.com News)

Odaily News, August 31 — B.AI platform's full free access campaign for cutting-edge large models continues to operate at high intensity, with the platform's cumulative token throughput officially surpassing the historic milestone of 5.74 trillion (5T+). Under the rigorous demands of massive concurrent requests and heavy Agent tasks, B.AI's industrial-grade infrastructure has demonstrated exceptionally stable carrying capacity. Currently, the platform has assembled six top-tier models, including GLM-5.3-Flash (Ox Alpha), Qwen3.8-Flash, DeepSeek-V4-Flash, DeepSeek-V4-Flash-Vision-Exp, Tencent Hy3, and Xiaomi MiMo-V2.5, all available to users with zero barriers and unlimited free access, covering diverse scenarios such as code generation, ultra-long text processing, multimodal visual understanding, and Agent workflow deployment.

From now on, users who log in to the B.AI platform can access the full suite of cutting-edge models at zero cost, with seamless integration of unlimited computing power, allowing every developer and AI enthusiast to truly enjoy "computing freedom."

Odaily News, according to Front Office Sports, the US Open has partnered with Kalshi, making Kalshi the exclusive prediction market partner of the US Open, with specific terms not yet disclosed. Sources say the US Open had originally planned to consider a prediction market partnership starting next year, but Craig Tiley, who took office as CEO of the United States Tennis Association (USTA) in February this year, pushed for the two parties to reach an agreement ahead of schedule.

Under the agreement, the USTA will block other prediction market platforms from advertising at US Open venues and during television broadcasts, including event broadcaster ESPN. Kalshi has already launched prediction markets related to the US Open, and as of Sunday afternoon, its women's singles champion market had a trading volume of approximately $1.5 million. (Front Office Sports)

Odaily News: Barclays expects the Federal Reserve to raise interest rates by 25 basis points each in September and December this year, compared with its previous forecast of keeping rates unchanged.

Odaily News - Polymarket trader "xm39" has continued to increase positions on geopolitical conflict-related prediction events on Polymarket, placing three separate buys totaling 274,500 shares on the U.S. invading Iran before 2027, filled at probabilities of 14%, 15%, and 16%, with an investment of approximately $41,700.

Currently, xm39 holds a cumulative total of 642,300 Yes shares, with a total cost of approximately $127,100 and an unrealized loss of roughly $27,600.

Additionally, its associated address also added approximately 28,400 WTI short contracts against the market trend, with a trading volume of around $2.401 million. As oil prices continued to rise, the address closed out all 107,400 short contracts at 9:01 AM, with an average closing price of approximately $84.86, recording a realized loss of roughly $131,500. Just about 10 minutes later, its trading direction flipped from short to long. The address subsequently bought approximately 64,700 WTI contracts consecutively and currently holds about $5.531 million in long positions with 20x full margin, with an unrealized profit of around $18,200, a margin return rate of approximately 6.6%, and a liquidation price of about $64.88.

Odaily News According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), HYPE spot ETF recorded net inflows of $56.8551 million.

The HYPE spot ETF with the highest net inflows last week was Bitwise ETF BHYP, with weekly net inflows of $41.6763 million. BHYP's total historical net inflows currently stand at $156 million; followed by 21Shares ETF THYP, with weekly net inflows of $7.9350 million, bringing THYP's total historical net inflows to $56.58 million.

As of press time, the total net asset value of HYPE spot ETFs is $439 million, with an ETF net asset ratio (market cap relative to HYPE's total market cap) of 2.47%, and cumulative historical net inflows have reached $344 million.

Odaily News: According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), XRP spot ETFs recorded net inflows of $110 million.

The XRP spot ETF with the highest net inflows last week was the Bitwise ETF XRP, with weekly net inflows of $59.9459 million, bringing XRP's historical total net inflows to $603 million; followed by Franklin Templeton's ETF XRPZ, with weekly net inflows of $28.7006 million, bringing XRPZ's historical total net inflows to $463 million.

As of press time, the total net asset value of XRP spot ETFs stands at $1.44 billion, with an ETF net asset ratio (market value as a percentage of XRP's total market cap) of 1.66%, and historical cumulative net inflows have reached $1.66 billion.

Odaily News According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), SOL spot ETFs recorded net inflows of $154 million.

The SOL spot ETF with the highest net inflows last week was Bitwise ETF BSOL, with weekly net inflows of $99.4743 million, bringing BSOL's total historical net inflows to $1.02 billion; followed by Grayscale's SOL Trust GSOL, with weekly net inflows of $18.5982 million, bringing GSOL's total historical net inflows to $131 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.43 billion, with the ETF net asset ratio (market cap as a percentage of SOL's total market cap) reaching 2.35%, and cumulative historical net inflows reaching $1.34 billion.

Odaily News According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), Ethereum spot ETFs recorded net inflows of $824 million.

The Ethereum spot ETF with the highest net inflows last week was BlackRock's ETF ETHA, with weekly net inflows of $567 million, bringing its historical total net inflows to $12.74 billion; followed by Fidelity's ETF FETH, with weekly net inflows of $96.5009 million, bringing its historical total net inflows to $2.27 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $15.23 billion, with the ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) reaching 5.20%, and historical cumulative net inflows reaching $12.97 billion.

According to Odaily, data from SoSoValue shows that during last week's trading days (August 24 to August 28, Eastern Time), Bitcoin spot ETFs recorded a net inflow of $924 million.

The Bitcoin spot ETF with the highest weekly net inflow was BlackRock's ETF IBIT, posting a weekly net inflow of $938 million, bringing its historical total net inflow to $63.36 billion. This was followed by Grayscale's Bitcoin Mini Trust BTC, which saw a weekly net inflow of $81.8297 million, with a historical total net inflow of $2.86 billion.

The Bitcoin spot ETF with the largest weekly net outflow was Ark & 21 Shares ETF ARKB, which experienced a weekly net outflow of $85.1412 million, bringing its historical total net inflow to $1.32 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $97.59 billion, with the ETF net asset ratio (market value relative to Bitcoin's total market cap) reaching 6.28%. The cumulative historical net inflow has reached $54.63 billion.

Odaily News: Tibo, Product Lead for OpenAI Codex, stated on the X platform that ChatGPT now has 25 million active users. To celebrate this milestone, ChatGPT Work and Codex have reset usage quotas for all paid subscriptions.

Odaily News: The National Cryptocurrency Association (NCA), a U.S. nonprofit crypto education organization, has released an interactive map estimating that approximately 67 million Americans hold cryptocurrency, covering all 50 states, Washington, D.C., and all 435 congressional districts of the 119th Congress.

Among state-level holder counts, California leads with about 9.5 million, followed by Texas at 5.94 million, Florida at 4.71 million, New York at 4.66 million, and Illinois at 2.64 million. The figures are model estimates, not verified holder counts.

Another analysis commissioned by the NCA and conducted by Pragmatic Policy Group shows that the crypto industry supports 231,800 jobs in the U.S., generating $55.4 billion in economic activity and $30.8 billion in worker income, including approximately 34,000 direct jobs. (Bitcoin.com News)

Odaily News, August 31 — According to SoSoValue data, the crypto market has pulled back following a streak of gains. The previously standout Meme sector fell 4.19% in 24 hours, with OFFICIAL TRUMP (TRUMP) down 10.55%, Fartcoin (FARTCOIN) down 10.44%, and Pump.fun (PUMP) down 12.40% within the sector.

Meanwhile, Bitcoin (BTC) declined 0.44%, falling below $78,000, and Ethereum (ETH) dropped 1.61%, slipping below $2,500.

Across other sectors, the Layer 2 sector fell 0.04% in 24 hours, with Polygon (POL) down 7.98%, though Mantle (MNT) remained relatively resilient, gaining 5.84%. The CeFi sector declined 1.71%, with OKB (OKB) down 4.09%. The Layer 1 sector fell 1.97%, with Solana (SOL) down 3.35%. The PayFi sector dropped 2.10%, while Monero (XMR) rose 4.54% during intraday trading. The DeFi sector declined 2.26%, with Uniswap (UNI) bucking the trend to gain 9.31%.

The crypto sector indices, which reflect historical sector performance, show that the ssiMeme, ssiAI, and ssiNFT indices fell 4.42%, 3.29%, and 3.12%, respectively.

According to Odaily, data from DefiLlama shows that Pons' revenue over the past 24 hours has risen to approximately $930,600, currently ranking seventh in revenue among all protocols, ahead of Jupiter ($807,300), Axiom Pro ($691,200), and Polymarket ($662,300).

Odaily News: According to Lookonchain monitoring, an address used 790 ETH, spending $1.9 million, to purchase 5.24 million tokens 6 hours ago.

Odaily BlockBeats News: According to Lookonchain monitoring, an address initiated a long position on 45,087 ETH with 8x leverage 4 days ago. The position is valued at $109 million and currently has an unrealized loss of $3.18 million.