Odaily Planet Daily Report: The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandatory Provident Fund Schemes Authority (MPFA), together with Cyberport Hong Kong, have announced the participant list for the first phase of the Generative Artificial Intelligence (GenA.I.) Sandbox++. Among nearly 100 proposals received, 36 use cases have been selected to enter the first phase of the GenA.I. Sandbox++, involving 30 financial institutions and 27 technology partners, including Bank of China (Hong Kong), China Asset Management, Ant Blockchain, Google, IBM, and others. The first phase of the GenA.I. Sandbox++ will focus on exploring Agentic AI applications. In addition to content generation, the selected use cases will further explore how to responsibly enhance the autonomy of AI. Testing will cover complete processes in areas such as customer account opening, payments, insurance claims, and customer interaction.
Odaily Planet Daily News: Physical AI company Transfyr announced the completion of a $25 million seed funding round, led by General Catalyst, with participation from Lux Capital, Breakout Ventures, Factory, Neo, SV Angel, MVP Ventures, Underscore VC, Lyda Hill, and multiple angel investors. The company is dedicated to bridging the gap between the physical and digital realms, converting hands-on scientific operational data into machine-readable data to enable truly closed-loop systems driven by artificial intelligence and automation.
Odaily News – Bitcoin closed at $77,387, posting a weekly gain of $14,264, or 22.7%, marking the largest weekly dollar increase in the asset's trading history. Bitcoin subsequently touched $81,000, hitting a three-month high, before retreating to around $79,000. The U.S. Treasury has increased the size of its long-term liquidity support repurchase operations from $2 billion to at least $4 billion per operation, with larger-scale repurchases scheduled to take place between September 9 and November 4.
Galaxy Research noted that Bitcoin's 50-week moving average currently sits near $82,470, which could serve as a confirmation signal for the next phase of bottoming. According to the firm's data, out of 13 completed bear markets since 2011, 11 confirmed cycle bottoms when weekly closes surpassed this moving average, with only the 2021–2022 double-top cycle seeing two instances where the level failed to hold.
Alex Thorn, Head of Research at Galaxy Digital, pointed out that retail buying appetite for BlackRock's iShares Bitcoin Trust spot Bitcoin ETF has reached a two-year high, during which Bitcoin briefly touched $81,257. Strive Chairman and CEO Matt Cole stated that the next Bitcoin cycle will be the strongest in history. (News, Bitcoin.com)
Odaily News Ethena plans to expand its cryptocurrency spot and perpetual contract arbitrage strategy into the stock perpetual contract market to capture funding rate premiums. Ethena's existing cryptocurrency arbitrage allocation has peaked at over $8 billion, and the theoretical potential open interest for stock perpetual contracts could reach $4 trillion. As of August 11, the total open interest in stock perpetual contracts across the market stood at $6.2 billion, with Hyperliquid and Binance recording average annualized funding rates of 14% and 17.5%, respectively, compared to Bitcoin's annualized funding rate of 4.1% over the same period.
Monitoring by the PPP Prediction Market Tool shows that the probability on Polymarket that "Trump will choose Anna Kelly as the next White House Press Secretary" briefly surged to 22%, up 6% in 24 hours, overtaking previous front-runner Margo Martin, whose probability of becoming the next White House Press Secretary has fallen to 16%, down 7% in 24 hours.
Anna Kelly currently serves as Deputy White House Press Secretary and is one of the core spokespeople for the Trump administration (starting in 2025). According to the latest reports, Karoline Leavitt will step down this coming Friday local time, and "who will succeed Leavitt" has become a focal point of recent U.S. media attention. Another candidate, Margo Martin, currently serves as Special Assistant to the President and Communications Advisor, primarily responsible for publishing information about presidential activities via social media.
Join the PPP Signal Push Community to stay one step ahead and seize the initiative.
Odaily Planet Daily News: AI anti-fraud company Socure announced the completion of a $156 million strategic growth funding round, valuing the company at $5.2 billion. The round was led by Summit Partners, with participation from Wells Fargo, Goldman Sachs Alternatives (under Goldman Sachs), DocuSign, and others. In addition, the company also announced the acquisition of AI startup Fravity, aiming to leverage AI agents for fraud, risk, and compliance investigations. The specific acquisition amount has not been disclosed yet. Its anti-fraud services are currently applied to companies including crypto exchange Coinbase, stablecoin issuer Circle, digital bank Revolut, and Robinhood. (Crunchbase)
1. A suspected insider address recently traded FRIEND, gaining $46,000 in profit with a return rate of nearly 10x;
2. Chainlink's strategic reserve holds 5.67 million LINK, worth $66.44 million;
3. Holding 43,000 BTC valued at $3.48 billion, Metaplanet deposits another 1,350 BTC into Coinbase Prime;
4. The Sandbox plans 1:1 compensation, with approximately $700,000 in SAND stolen due to a bridge vulnerability;
5. Analysts: Waller's speech faces four key communication goals;
6. Binance Futures launches 5 USDT-margined perpetual trading pairs including TEM, with maximum leverage of 20x;
7. Market news: Anthropic plans to publish its IPO prospectus after the U.S. Labor Day (September 7);
8. A bit-affiliated entity that previously profited $55.095 million opens a long position of $49.98 million in ETH, ranking among Hyperliquid's top 7 ETH positions;
9. Morgan Stanley raises Marvell's price target from $224 to $246;
10. U.S. storage stocks decline across the board in pre-market trading, with Sandisk (SNDK.O) falling over 2%.
Odaily reported that, according to official sources, Gate launched the 135th round of its Contract Points Airdrop event at 18:00 (UTC+8) on August 31. It is understood that this round features two reward pools: users holding ≥40 Gate Contract Points can claim a 100 USDT position experience voucher, which will consume 20 Gate Contract Points; users holding ≥120–90 points (with a decreasing threshold rule) can claim 12 GUSD, which will consume 15 Gate Contract Points. The GUSD reward pool adopts a decreasing threshold mechanism, where users with higher points become eligible earlier and have a greater chance of securing the reward.
Odaily News, According to a chart released by Ki Young Ju, founder of CryptoQuant, the Coinbase premium for BTC has turned positive, reflecting bullish sentiment among U.S. institutions.
Odaily News: The funds will be used to support GPU-backed lending operations in the AI infrastructure sector.
Odaily News reports that HM Revenue & Customs (HMRC) stated that in the 2024 to 2025 tax year, 240 individuals each reported over £1 million in capital gains from crypto assets, totaling £717 million, accounting for more than half of the total. All 17,600 filers reported capital gains of £1.38 billion, with disposal proceeds reaching £13.8 billion.
Taxpayers reporting capital gains below £25,000 accounted for 65% of filers, contributing only 7% of capital gains and 8% of disposal proceeds. Among crypto asset taxpayers, 54% were aged between 25 and 44, and 81% were aged 54 or under; men accounted for 87% and contributed 93% of capital gains.
The UK is advancing regulation under the OECD's Crypto-Asset Reporting Framework, requiring trading service providers to furnish client information to tax authorities. HMRC will begin receiving relevant data in 2027; service providers that fail to fulfill their obligations will face fines of up to £300 per user. James Murray, Financial Secretary to the UK Treasury, stated that capital gains from crypto assets are taxable just like other capital gains.
The UK Treasury plans to defer capital gains tax arising from DeFi lending and depositing assets into liquidity pools until the assets are actually disposed of. For the 2025 to 2026 tax year, capital gains exceeding the allowance threshold must be reported by January 31, 2027. (Decrypt)
Odaily News, according to HyperliquidNews monitoring, HIP-3 open interest has decreased by more than $1 billion, falling to its lowest level since July 27.
Odaily News: According to on-chain analyst Ember's monitoring, over the past half hour, an address purchased 5,425 ETH on-chain for $13.55 million at a price of $2,498.
Odaily Planet Daily News: MANTRA published a security incident report on August 20, stating that an attacker exploited a Cosmos EVM integer underflow vulnerability to transfer 720.924 million MANTRA tokens from two addresses, worth approximately $3.6 million at $0.005 per token. Of these, 600 million tokens came from a burn address, and 121 million tokens came from the genesis multisig address. The attack did not involve validators or admin keys. The vulnerability was fixed on the development branch on May 15 and merged into the release branch on August 19. The first abnormal transfer occurred at 11:06 (UTC+8) on August 21, and the MANTRA Chain halted at 15:13 (UTC+8) the same day, restarting under version v8.4.0 on August 22. Of the stolen funds, 683 million tokens were sent to exchange deposit addresses, while the remaining 37.96 million tokens were frozen. Fund recovery has now entered the law enforcement investigation phase.
Odaily News: According to HyperliquidNews monitoring, the number of contracts deployed on HyperEVM has exceeded 800,000.
Odaily News, Arthur Hayes posted on the X platform, stating, "Please continue to have your agents create their unique DID keys on Technocore.chat. Next week, we will announce more ways for agents to collaborate and qualify for additional FLOP airdrop allocations, with the goal of connecting meaningful participation in @flop_labs with economic rewards."


