News linked to both this project and an event.
Odaily News Recently, the Pre-IPO derivatives sector has seen rising momentum. Ave.ai continues to launch new trading pairs for stock-crypto contracts. On August 27, Ave.ai listed two popular Pre-IPO contract trading pairs: $ANTH and $SHEIN.It is reported that Anthropic, as the developer of the Claude large language model, is a highly sought-after unlisted company in the global AI sector. As its products continue to gain traction in code generation, intelligent agents, and professional research scenarios, market discussions around its IPO valuation have been intensifying. Meanwhile, cross-border e-commerce company SHEIN's listing plans are also a topic of shared interest in both traditional financial markets and the crypto market.Currently, trading $ANTH and $SHEIN through Ave.ai's contracts section is not restricted by US stock trading hours. Users can engage in leveraged long or short trading 24/7 based on business progress, financing news, and IPO expectations. Both contract pairs are now live on Ave.ai.
According to the morning report published by on-chain analyst Axel Adler Jr., following Bitcoin's rebound to approximately $78,000, the financial pressure on coin holders has significantly eased: Bitcoin's net unrealized loss (NUL) dropped from 18.57% to 7.35% over the past ten days, a decline of roughly 60%. This represents a near 71% decrease from the local peak of 25.21% on June 30, reaching its lowest level since May 11. Meanwhile, the 90-day realized profit/loss ratio rose to 1.003 on August 26, marking the first time it has returned above 1 since late July. This indicates that, calculated on a 90-day smoothed basis, realized profits have slightly exceeded realized losses. Prior to this, the metric stayed below 1 for 26 consecutive days beginning July 31, touching 0.747 on August 16 when BTC traded around $62,800. The report notes that on-chain loss pressure has shifted from dominating to improving, but the profit/loss ratio sits only slightly above the critical threshold, insufficient to confirm a trend reversal. Subsequent monitoring should focus on whether this indicator can sustainably hold its ground and advance, as well as whether unrealized losses remain subdued. If the ratio falls back below 1 and unrealized losses rebound, it may signal renewed selling pressure.
Odaily News: According to the official announcement, Gate launched spot trading for Pons (PONS) on August 27 at 15:00 (UTC+8), and will list Pons (PONS) on its Flash Exchange platform at 16:00 (UTC+8).
According to South Korean media outlet Digital Asset, the Seoul Central District Court ruled on August 27 that Bithumb won an unjust enrichment restitution lawsuit against a user, ordering them to return the proceeds from the sale of mistakenly sent Bitcoin. The case involves approximately 194 million KRW and is one of four independent lawsuits filed by Bithumb following a February BTC mis-issuance incident this year; the amounts involved in the remaining cases are approximately 500 million KRW, 14.8 million KRW, and 5 million KRW, respectively. Previously, Bithumb had mistakenly distributed 620,000 BTC to users as part of an activity reward program and subsequently launched a recovery initiative. In March, the exchange reported to the National Assembly that nearly 99% of the remaining unrecovered 1,788 BTC had been successfully reclaimed. The first ruling, which affirms the exchange's right to recover proceeds from the sale of mistakenly issued assets, may increase the likelihood of Bithumb prevailing in the other three cases.
Odaily News With the La Liga season progressing, event market-related trading remains open. The next round of matches kicks off on August 28 at 02:30 (UTC+8) and 03:00 (UTC+8). Celta Vigo will face Osasuna, with current support rates of 49% and 23%, respectively, and a draw support rate of 29%. Following that, Barcelona will take on Athletic Bilbao, with current support rates of 79% and 8%, respectively, and a draw support rate of 15%.The second phase of the Gate Event Points campaign is now officially live, with a total prize pool of $16,960, including a points pool of $13,521 and a lucky jackpot pool of $10,552. As of now, the Top 1 on the points leaderboard is expected to receive 5,088 USDT. Users can enter the Gate App (v8.32 or above), complete valid event contract trades, and earn scratch cards based on cumulative trading volume. In regular markets, users earn 1 scratch card for every 20 USDT of cumulative trading volume, while in designated events marked with a "2x" badge, users earn 1 scratch card for every 10 USDT of cumulative trading volume. Users have the chance to win USDT, event points, trial vouchers, and more. They can also trigger a super lucky prize, earning 88,888 PTS points and sharing the lucky jackpot pool. Additionally, the top 100 users on the weekly leaderboard can share the points pool.Furthermore, Gate is offering a limited-time "Big Five Leagues Kickoff Carnival" prediction event from August 12, 16:00 to August 31, 16:00 (UTC+8), with a total prize pool of up to 200,000 USDT. During the event, users who participate in designated football event trading can receive a 10 USDT prediction trial voucher. If users predict a loss for a top-tier club in their opening match, they can receive up to 100 USDT in downside compensation. As an official sponsor of Inter Milan, Gate will select 10 lucky users to receive co-branded jerseys. Users who rank in the top 100 of the cumulative trading volume leaderboard can share a 50,000 USDT prize pool.
According to Chaoxiang Research, a Morgan Stanley report dated August 25 noted that the internet sector declined by an average of 2% last week, with Meta down approximately 7%, Amazon down roughly 2%, and Google virtually flat. Current forward P/E ratios for 2026 stand at 19x for Amazon, 17x for Google, and 17x for Meta, reflecting discounts of 36%, a premium of 36%, and a discount of 24% relative to historical averages, respectively. On an EV/EBITDA basis, Amazon at 11.2x represents a 12% discount to its two-year average, Google at 15.1x implies an 8% premium, and Meta at 8.7x reflects a 30% discount. Morgan Stanley maintains an "Attractive" rating on the internet sector, highlighting that AI capabilities are emerging as a core variable driving valuation divergence. The sector's overall forward EV/EBITDA is 9% below the five-year average, while EV/Sales is 16% above it, underscoring a divergence between revenue and profit multiples. After reclassifying stock-based compensation as a cash expense, the adjusted EV/EBITDA for digital media rises by approximately 36% on average, e-commerce by 30%, and travel and the sharing economy by 44%. Upcoming catalysts include the launch of Google's Gemini 4, stabilization of Amazon Web Services (AWS) growth, progress in Meta's AI ad monetization, and shifts in the interest rate environment.
According to Chaoxiang Research, Morgan Stanley's August 25 research report indicated that Semtech's Q2 data center revenue reached $100 million, up 39% quarter-over-quarter and 91% year-over-year, marking a record high. Growth was primarily driven by the sustained strength of the 800G FiberEdge and faster-than-expected qualification of the 1.6T FiberEdge. The 1.6T FiberEdge and CopperEdge are projected to account for over 50% of data center revenue in Q3. The Q3 data center revenue guidance reflects a 45% quarter-over-quarter increase and a 160% year-over-year increase, reaching $145 million. The LoRa business also recorded record revenue of $58 million in Q2, up 31% quarter-over-quarter and 58% year-over-year, with an additional 15% increase expected in Q3. Morgan Stanley raised its price target from $175 to $195 while maintaining a Neutral rating, based on 34.5x non-GAAP EPS of $5.66. Revenue forecasts for FY2027 and FY2028 have been raised to $1.529 billion and $1.895 billion, respectively, with gross margins upgraded to 56.9% and 62.7%, and EPS increased to $3.69 and $5.65. In Q4, ACC (active copper cable) is slated for mass deployment at major hyperscale customers, creating a synergistic effect alongside 800G and 1.6T solutions. The company has announced the divestiture of its module business, which is expected to drive structural improvements in gross margin and operating margin. As disclosed in this research report
Odaily News - Hardware wallet maker BitBox reports that credit card sales in August grew roughly 10x compared to the baseline of previous weeks, with the increase primarily driven by North America. Trezor and OneKey also confirmed rising sales during the same period, though neither disclosed specific figures.Trezor, BitBox, and OneKey have all re-reviewed their seed phrase generation, random number generator, entropy, and firmware verification processes. Trezor plans to conduct penetration testing on core firmware functions and publish related security audit reports. OneKey will strengthen reviews of security-critical code paths and transaction signing processes.Ledger CTO Charles Guillemet stated that AI-assisted attacks mean patch releases, vulnerability disclosures, and user education need to accelerate. Blockstream Jade has released a firmware update containing multiple fixes and recommends users simultaneously update their apps, operating systems, devices, routers, and home appliances. (Bitcoin.com News)
Coinbase Markets announced that spot trading for Grass (GRASS) will go live on August 26, 2026. If liquidity conditions are met, the GRASS-USD trading pair will open in supported regions later today.
According to an official announcement from Odaily, Coinbase will list Grass (GRASS) on August 26, 2026. If liquidity conditions are met and trading is supported, the GRASS-USD trading pair is expected to open later today.
One-stop AGI infrastructure platform B.AI released its latest ecosystem data: On August 25 alone, the platform added 23,432 new API users, bringing the cumulative total over the period to 79,500. Daily token throughput exceeded 594.71 billion, with cumulative API calls reaching 74.108 million and total throughput surpassing 3 trillion tokens. Both core metrics simultaneously set new historical records.
Odaily News: Hyperscale Data, Inc. (NYSE: GPUS), an AI data center and Bitcoin-related enterprise, announced that its wholly-owned subsidiary Gresham Worldwide, Inc.'s radio frequency (RF) business secured approximately $5.4 million in new orders between July and August 2026, primarily from U.S. defense programs and prime defense contractors.These orders cover RF and microwave components supporting radar, electronic warfare, communications, and other mission-critical systems, and are expected to be produced and delivered by the relevant business units of Gresham Worldwide. The company stated that the new orders reflect the continued growth in demand for high-reliability RF technology and critical components in the U.S. defense sector. (PRNewswire)
: According to official sources, OKX Flash Earn Lite will launch AEON "Staking Rewards" from August 31, 2026, 15:00 to September 5, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, ETH, OKB, or AEON can share a total of 4,100,000 AEON airdrop rewards. Notably, ETH borrowed via flexible borrowing will not be counted toward the valid subscription amount.Users can start subscribing in advance from now on, with rewards calculated after the event officially begins. Participation is available via the event link or by tapping "Flash Earn" at the top of the Explore page in the OKX App.
According to the official announcement, HTX has launched DJT/USDT, MKR/USDT, and XOM/USDT perpetual contracts on August 26, supporting 1x to 20x leverage for both long and short positions. Additionally, from today until September 1 at 15:00 (UTC+8), HTX is launching a New Token Futures Trading Competition. Participants who complete registration, trade the featured tokens in the futures market, and meet the required thresholds will have the chance to share the total prize pool of 1 billion $HTX tokens.
According to Chaoxiang Research, a Morgan Stanley report dated August 24 indicates that the total disclosed off-balance-sheet commitments from hyperscalers, NVIDIA, and Broadcom have surpassed $3.1 trillion. Lease commitments total $1.1 trillion and procurement commitments $1.7 trillion, while the combined on-balance-sheet debt and lease liabilities of hyperscalers reach $770 billion. Amazon and Google's free cash flow turned negative in Q2 2026, with Meta expected to follow suit next quarter. Financing instruments are restructuring the AI compute capital structure across six dimensions: off-balance-sheet lease and procurement commitments form the first financing layer; the share of debt issuance rises from 2% in 2025 to 19% in 2026; Google frees up $110 billion by reducing share buybacks and issuing equity; Oracle records $4.6 billion in customer advance payments in Q2; and Broadcom and NVIDIA launch chip-leasing SPVs to support unrated AI labs. Morgan Stanley notes that when the financing structure itself becomes a core variable in the AI supply chain, tracking changes in off-balance-sheet commitments and accounting judgments is nearing the importance of tracking chip shipments themselves.
According to Digital Asset, Hyperliquid launched the AQAv2 (Aligned Quote Asset v2) mechanism on August 26, allocating a portion of the returns generated by USDC reserves on the platform toward capital accumulation, which will ultimately be directed to the Assistance Fund for secondary market repurchases and burns of HYPE to reduce its circulating supply. Under this mechanism, Circle is responsible for USDC technical deployment, while Coinbase handles reserve management; stablecoin issuers are expected to share approximately 90% of the relevant reserve returns with the protocol after deducting operating costs. Returns are accumulated on a 30-day cycle, with the initial fund transfer expected on October 3. Market estimates indicate that, based on current USDC outstanding balances and yield rates, annualized returns could reach $135 million to $160 million, although the actual repurchase scale will ultimately depend on the platform's USDC supply and reserve yields.
Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)
According to Chaoxiang Research, Morgan Stanley's August 24 report raised its revenue assumption per gigawatt (GW) of externally sold Google TPUs from $20 billion to $27 billion, increasing the gross margin assumption from 20% to 30%. Following these adjustments, TPU-related cloud revenue is projected to reach $84 billion and $108 billion in 2027 and 2028, respectively, marking increases of 35% and 37% over prior forecasts. Morgan Stanley maintains an Overweight rating on Alphabet with a price target of $400, implying 16% upside from the current share price. The upward revision draws support from recent media reports stating that Google has pledged to supply approximately one million TPUs (equivalent to roughly 1.3 GW), generating about $35 billion in revenue. Furthermore, Google's custom silicon agreement with Marvell validates TPU pricing above previous estimates. The firm anticipates Google Cloud will contribute approximately 50% of Alphabet's consolidated EBIT by 2028. Three primary catalysts underpin the potential for valuation re-rating: the rollout of Gemini 4, inference cost reductions through optimized models, and the market deployment of GenAI offerings. The target price reflects a forward P/E multiple of approximately 22x based on 2028 consensus earnings, commanding a premium of roughly 22% relative to the peer median.
Odaily News, August 26 - B.AI announced that its API is now fully compatible with the OpenAI Responses API. Developers only need to use a B.AI API Key to complete the Base URL configuration, allowing them to directly call GPT series models supported by B.AI within the Codex development environment, seamlessly integrating cutting-edge large model capabilities into their daily coding workflows. This means that whether it's code generation, logical understanding, intelligent debugging, architectural refactoring, or team development collaboration, developers can access real-time intelligent assistance from GPT series models in the Codex environment, comprehensively covering various scenario needs from individual development to team collaboration.B.AI remains committed to lowering the barrier to entry for top-tier AI capabilities, offering developers around the world an efficient and convenient programming assistance experience through more open ecosystem compatibility and more flexible invocation methods, helping developers better focus on creation itself.
According to Chaowang Research, Bernstein’s August 25 research report indicates that in four key scenarios—city patrol, warehouse palletizing, factory material handling and inspection, and last-mile delivery—the payback period for patrols has already dropped below two years. The payback periods for warehouse and factory scenarios are approximately 2.7 years in the U.S., while China’s factory scenario stands at 6.7 years. To reach the 2.5-year threshold for accelerated adoption, robot prices in China must fall by 30% to 50%, and in the U.S. by 5% to 40%. Bernstein projects that global annual shipments of humanoid robots will reach one million units by 2031, with these four scenarios contributing roughly 50%. Bernstein notes that, drawing on lessons from the electric vehicle and lithium-ion battery sectors, costs typically decline by 15% to 18% with each doubling of production volume, indicating that price will not pose a long-term barrier. The deployable market across these four scenarios amounts to approximately 10 million units in China and 1.2 million in the U.S. The report recommends tracking market leaders along three dimensions: actual commercial sales growth trajectories, performance enhancement trajectories, and the trend of moving closer to the center of the industrial ecosystem. Once payback periods dip below 2.5 years, procurement decisions will shift from “whether to try” to “why not buy.”