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SK Hynix's China e-commerce flagship store closes? Behind the contraction of its consumer storage business, SK Hynix China responds: internally verifying information with relevant parties

Odaily News: On August 24, consumers discovered that the "SKhynix Flagship Store" had posted a notice of business termination on its store homepage, with plans to voluntarily cease operations on September 9, 2026, and all products in the store have been removed. As of August 25, the store can no longer be directly searched on the Taobao platform. Public records show that this store previously primarily sold SK Hynix-branded consumer-grade solid-state drives, and its operating entity is listed as Tianjin Hailishi Technology Co., Ltd. According to Tianyancha, the company was registered in July 2020 with a registered capital of 1 million yuan, and its business scope covers technical services, electronic product sales, etc. Public business registration information does not currently indicate any equity, controlling, or direct affiliation relationship with SK Hynix headquarters or its China region.SK Hynix China told China Newsweek that after verification, the "SKhynix Flagship Store" is not directly operated by the company. As for the reasons for the store closure, the operation or authorization status of other related e-commerce stores, and warranty arrangements for historical orders, SK Hynix China stated that it is currently verifying information internally and with relevant parties, and no further information is available at this time.It is worth noting that this store closure incident has once again sparked speculation that SK Hynix is scaling back its consumer storage business. In January of this year, there were market rumors that SK Hynix planned to discontinue consumer storage products and exit the consumer DRAM and NAND business. On January 14, an SK Hynix representative publicly denied this, stating that the company "currently has no plans to explore or pursue an exit from its consumer products business." (China Newsweek)

Kalshi Launches CFTC-Approved Spot Bitcoin Perpetual Futures, Trading Volume Reaches $5.5 Billion in First Two Weeks

Odaily News: Recent Bitcoin volatility has triggered a wave of leveraged long position liquidations. On August 22, hourly liquidations reached $529 million, with long positions accounting for $478 million; on August 23, an additional $84 million in crypto long positions were liquidated within one hour.Prediction market Kalshi launched the first spot Bitcoin perpetual futures contract approved by the U.S. Commodity Futures Trading Commission (CFTC) on June 3, with liquidations reaching $5.5 billion in the first two weeks. Kalshi CEO Tarek Mansour stated that the product offers U.S. institutions regulated onshore perpetual contract trading.Benjamin Schiffrin, Director of Securities Policy at Better Markets, pointed out that perpetual futures are high-risk crypto products for retail investors, and the CFTC did not impose additional investor protections when approving them. Analysis account Qmo noted that there are significant Bitcoin long liquidation pools in the $62,000 to $67,000 range; trader Money Bunny disclosed that short liquidations reached $2.7 billion to $3.5 billion within 24 hours. (Forbes Digital Assets)

Gate will support Pre-IPO (stock) share unlocking in sync with SpaceX's stock unlock schedule

Odaily News – According to SpaceX's stock unlock schedule, Gate's Pre-IPOs first project SpaceX (SPCX) will unlock its first batch of (stock) shares at 20:00 (UTC+8) on August 26. The total amount unlocked in this first batch is 33,900 SPCX, with 20% of stocks unlocked based on the actual holdings in users' spot accounts at the time of the snapshot. The corresponding stocks will be distributed directly to users' Gate stock accounts at a 1:1 ratio.Gate is the first platform in the industry to support Pre-IPO share unlocking and directly distribute listed company stocks to users. This unlocking covers SPCX that users previously obtained and held through Pre-IPOs subscriptions, as well as SPCX purchased later; SPCX that has been sold will not be included in this round of unlocking. Users should check their SPCX holdings and open orders in advance to ensure the SPCX used for this unlocking is in an available status.Gate will continue to provide users with an asset participation experience spanning from Pre-IPOs pre-listing subscriptions, internal trading, to stock unlocking into U.S. stocks. This marks the first 20% stock unlock for SpaceX (SPCX), and the remaining portion will be processed promptly according to the target company's unlocking rules, subject to Gate's official announcements.

MiMo Series Officially Launches on B.AI Web Chat

Odaily News, August 25 — B.AI platform announced that the MiMo series models have officially launched on Web Chat. Following the initial release on the API endpoint, MiMo V2.5 now offers limited-time free access on both Web Chat and API, allowing developers and users to experience the powerful capabilities of Xiaomi's open-source flagship full-modal model at zero cost.As a 310B sparse MoE native full-modal large model, MiMo V2.5 supports full-modal input across text, image, video, and audio, featuring a 1M ultra-long context window and rapid response capabilities, deeply optimized for high-intensity scenarios such as multimodal agents, intelligent audio-video analysis, and general-purpose programming.Meanwhile, MiMo V2.5 Pro, positioned for complex agent and programming tasks, has also gone live on Web Chat simultaneously. Developers and users are welcome to experience Xiaomi's most powerful model capabilities to date. Log in now at chat.b.ai/chat to unlock the new full-modal intelligent experience of the MiMo series.

Binance will list spot trading pairs USDC/ARS, ACE/USDC, and PUMP/U.

Binance announced that it will list the USDC/ARS, ACE/USDC, and PUMP/U spot trading pairs on August 26, 2026, at 16:00 UTC+8, and will simultaneously enable algorithmic order trading bot services for these spot trading pairs.

Bitget PoolX: Lock ETH and TMX to Unlock 1.38 Million TMX

TermMax (TMX) has launched on Bitget PoolX, allowing users to lock ETH or TMX to share a total airdrop of 1,380,000 TMX tokens. The lockup period runs from 20:00 UTC+8 on August 25 to 20:00 UTC+8 on August 30. The ETH lockup pool accounts for a total airdrop allocation of 1,290,000 TMX, with an individual lockup limit of 1,500 ETH. This pool also incorporates a long-term holding bonus mechanism: the system will apply an additional bonus to the locked amount based on the user's minimum balance for the corresponding locked asset over the past 15 days. The TMX lockup pool allocates a total of 90,000 TMX for airdrops, subject to an individual lockup cap of 4,200,000 TMX.

Boosted by rumors of a potential listing, PENGU has surged over 66% in the past week

Odaily News, August 23 — Pudgy Penguins CEO Luca Netz posted a cryptic tweet on August 23, featuring an image of eyes, a penguin, and a building, followed by an arrow pointing to "SOON." Although the post contained no text, the market interpreted it as a hint that the company is advancing its listing plans. As a result, PENGU rose over 17% that day, and with improving overall market conditions, it has gained more than 66% over the past week.The community interpreted the building in the post as a stock exchange, reading the message as "Look, the penguin is about to go public soon." In a 2025 interview, Luca Netz stated he hopes to take the company public by 2027.

Gate will list Cash Cat (CASHCAT) for spot, futures, and flash swap trading

Odaily News, according to the official announcement, Gate will list Cash Cat (CASHCAT) for spot trading at 16:00 (UTC+8) on August 25, and will launch Cash Cat (CASHCAT) perpetual contract live trading (USDT-settled) at 16:10 (UTC+8), supporting 1-20x leverage. In addition, Gate will list Cash Cat (CASHCAT) on its flash swap platform at 17:00 (UTC+8).

HTX has launched JP225 and ADI perpetual contracts.

According to official announcements, Huobi HTX listed JP225/USDT and ADI/USDT perpetual contracts on August 25, supporting leverage from 1x to 20x for both long and short positions. Meanwhile, from today until September 1 at 15:00 (UTC+8), Huobi HTX has launched a new coin contract trading competition. Users who complete registration, trade perpetual contracts of participating assets, and meet the designated threshold will have the opportunity to share in a total prize pool of 1 billion $HTX tokens.

Franklin Templeton Partners with HashKey to Launch Tokenized Money Market Fund in Asia

According to The Block, Franklin Templeton has partnered with HashKey Exchange in Hong Kong to launch the Franklin OnChain U.S. Government Liquidity Fund on its Earn channel, offering tokenized money market fund products to professional investors across Asia. The fund primarily invests in U.S. government money market instruments and USD cash assets, and is not currently available to the retail public in Hong Kong. Franklin Templeton stated that both parties plan to expand their cooperation from tokenized money market funds to more tokenized products in the future, leveraging HashKey’s multi-jurisdictional platforms covering Hong Kong, Singapore, Tokyo, Dubai, and Bermuda to drive distribution. Previously, the firm launched Hong Kong's first tokenized money market fund in November 2025. Data shows that as of August 23, the global tokenized RWA asset market reached $38.2 billion, with tokenized U.S. Treasuries accounting for approximately $15.6 billion.

Approximately 2,077.97 DCR were minted due to a vulnerability, and Decred has decided not to roll back

Odaily News, L1 blockchain Decred stated that between August 16 and 17, its mainnet inflation vulnerability was exploited, resulting in the generation of approximately 2,077.97 DCR. This vulnerability has existed in the consensus code since the mainnet launch in February 2016, stemming from improper handling of edge cases when the regular transaction tree interacts with the stake transaction tree, allowing for double-spending of inputs. The vulnerability was submitted via a bounty program on August 12, but was exploited before a fix could be implemented. Decred has decided not to roll back to minimize the impact on users. The approximately 2,000 DCR minted through this exploit do not affect the 21 million hard cap and are far lower than historical shortfalls in subsidies due to missed votes and other causes, which exceed 215,000 DCR. Currently, the team has developed an additional double-spend monitoring service and plans to improve the emergency upgrade signaling mechanism.

UBS: Broadcom tweaks AI guidance, NVIDIA extends to infrastructure, Terafab starts construction

According to Chaoxiang Research, on August 24, UBS released a SemiBytes Industry Flash Review, highlighting three synchronized key tracks: Broadcom, NVIDIA, and Terafab under SpaceX. Broadcom is set to release its Q2 earnings report on September 2. UBS forecasts third-quarter AI revenue of approximately $16 billion, rising to $21–22 billion in the fourth quarter. The firm has lowered its 2027 AI revenue projection from roughly $135 billion to $130 billion, slightly adjusted its target price from $485 to $470, and maintained a Buy rating. Anthropic contributed approximately $2.5 billion in Q3, while Google Cloud AI revenue saw a quarter-over-quarter increase of around $2 billion. NVIDIA CEO Jensen Huang disclosed that the company's business model is expanding into compute infrastructure, with a $1.5 billion investment in SB Energy via the PORTS-Pike project and up to $105 billion in credit support to assist OpenAI in securing 4.25 GW of land and power facilities. UBS believes land, power, and fabs are emerging as strategic inputs for the AI supply chain. On the Terafab front, Tesla's recruiting portal listed 44 relevant positions in July spanning all major semiconductor manufacturing processes. The appearance of memory design and integration engineering roles confirms internal memory fabrication intentions. Satellite imagery of the Grimes County, Texas campus shows the project is still in its early stages, with only site-clearing operations visible.

Binance Adjusts Leverage and Margin Tiers for Multiple Contracts

Odaily Odaily News: According to the official announcement, Binance Futures will adjust the leverage and margin tiers for the USDⓈ-M perpetual contracts of FILUSDT, ROBOUSDT, LPTUSDT, ZRXUSDT, SPORTFUNUSDT, NOMUSDT, SAGAUSDT, QNTXUSDT, SHAZUSDT, STRCUSDT, and BSPUSDT at 14:30 (UTC+8) on August 28, 2026. The update is expected to be completed within one hour, and existing positions will be affected. Users are advised to make adjustments in advance.

Binance will list 5 USDT-margined TradFi perpetual contracts

According to an official Binance announcement, Binance Futures will list U-margined perpetual contracts for SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT, and MRNAUSDT in batches on August 25 between 17:00 and 17:20 (UTC+8), with underlying assets including the SK Hynix Leveraged ETF, DRAM-themed ETF, Trump Media & Technology Group (DJT), and Moderna (MRNA) — traditional financial assets. All the aforementioned contracts settle in USDT, support 24/7 trading, multi-asset mode, and leverage of up to 20x. Funding rates are settled every 8 hours, with upper and lower limits set at +2% and -2%, respectively.

Coinbase-backed organization Stand With Crypto Alliance announces list of 32 congressional allies

The Stand With Crypto Alliance, a lobbying organization supported by Coinbase, announced on August 24 a list of 32 supporters for the 2026 midterm elections, including crypto-friendly politicians such as Tom Emmer, highlighting the industry's strategic positioning for the election year.

B.AI surpasses 2.1 million cumulative users, with ecosystem growth steadily accelerating.

As of the evening of August 24, the cumulative number of registered users on the B.AI platform has officially surpassed the 2.1 million mark. Following the 2 million milestone, the platform's growth momentum remains strong. With the continuous expansion of its frontier large model matrix, steadily decreasing compute invocation costs, comprehensive upgrades to product interaction experiences and underlying architecture, coupled with an increasingly mature AI Agent ecosystem, B.AI is attracting a growing number of global developers and users to explore and build next-generation intelligent applications via B.AI with lower barriers to entry and greater efficiency.

Bitget CandyBomb: Trade Stock and Commodity Futures to Unlock 3 XAUT

Odaily Planet Daily reported that Bitget has launched a new round of CandyBomb, with a total prize pool of 3 XAUT. This event is aimed at new users of stock, metal, and commodity futures, and the participation period is from 21:00 on August 24 to 21:00 on September 3 (UTC+8).During the event, users who complete designated futures trading tasks can earn up to 0.03 XAUT per person. Detailed rules have been published on Bitget's official platform. Eligible users must click "Join Now" to complete registration before participating in the event.

Mainnet trading is now live, HertzFlow adds 390,000 WLFI liquidity rewards

: HertzFlow, a perpetual contract protocol supported by YZi Labs, has opened mainnet trading. Users can trade, provide liquidity, and invite friends to earn Merit points. Previously, the Genesis Vault pre-deposit campaign was completed, and early participants have received 230,000 WLFI in allocations. The project is now adding 390,000 WLFI in liquidity rewards to the USD1 Vault. The campaign runs until August 31, has no cap, and is open to all users. Active users who have already participated in the pre-deposit campaign or testnet can directly access the mainnet, while new users need an invitation code. The platform currently supports BTC, ETH, and BNB trading pairs, with more markets to be expanded in the future. HertzFlow aims to create permissionless leveraged trading markets for oracle-backed assets and activate on-chain liquidity on BNB Chain through composable DeFi strategies.

PeaqOS Integrates World ID, Introducing Zero-Knowledge Proof Verification for Autonomous Robots

Odaily News: On August 21, 2026, PeaqOS integrated World ID, allowing robots and machines operating on PeaqOS to natively request and verify World ID proofs via robotic.sh, confirming that the interacting party is a real and unique human—without collecting names, facial information, or other personal data.The system employs zero-knowledge proofs, meaning machines receive cryptographic proof that the user is a real human, rather than identity information. As a coordination layer, PeaqOS connects to World ID through decentralized identifiers (DIDs) and machine markets, recording auditable interaction logs.This solution can be applied in scenarios such as autonomous delivery, shared machines, and pharmaceutical delivery. Users can verify multiple times in the World App and during the delivery process, allowing robots to confirm that the recipient is the same person associated with the order. PeaqOS also plans to extend zero-knowledge verification to more DePIN projects. (Bitcoin.com News)

HTX has listed PDD perpetual contracts.

According to the official announcement, HTX launched the PDD/USDT perpetual contract on August 24, supporting 1x to 20x leverage for both long and short positions.