News linked to both this project and an event.
According to Yonhap News Agency, South Korean crypto asset custodian BDACS will partner with Devall Company, the operator of the accounts receivable management service "Cheonggus," to build a stablecoin-based B2B cross-border payment and settlement infrastructure. The initiative will enable exporting companies to send invoices through Cheonggus, allowing overseas buyers to settle using stablecoins such as USDT and USDC. BDACS will subsequently handle asset custody and convert the funds into Korean won for settlement. Both parties also plan to explore integrating payment and settlement data into enterprise ERP systems to automate accounting processes.
According to TechCrunch, Amazon and NVIDIA have announced an expansion of their partnership, with AWS planning to deploy an additional 2 million NVIDIA GPUs between 2027 and 2028. The deployment will cover Blackwell Ultra, Rubin, and Rubin Ultra to meet the rapidly growing compute demand from startups, AI labs, enterprises, and government clients. This comes just five months after Amazon previously committed to deploying over 1 million NVIDIA GPUs. Neither party disclosed the transaction amount, but based on per-unit GPU pricing, the order is estimated to be worth tens of billions of U.S. dollars. Beyond chip procurement, AWS will also integrate NVIDIA’s networking, CPUs, open-source models, and physical AI and robotics stacks, including Omniverse and Isaac.
Odaily News Nvidia will release its fiscal 2026 second-quarter earnings after the U.S. market close. According to analyst estimates compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected to reach $92.17 billion.The market expects Nvidia's revenue to nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of artificial intelligence infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, and the company is also involved in advancing the construction of next-generation AI data centers through financing support and other means.However, after nearly three years of significant gains, investor expectations for Nvidia have become more cautious. As of Tuesday's close, Nvidia has risen approximately 14% year-to-date, slightly outperforming the Nasdaq index. Market concerns include competitive pressure from rivals such as AMD and Google, as well as rising costs stemming from the global memory chip shortage.Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers including Microsoft and OpenAI. Investors will focus on sales progress and supply conditions for the Rubin and Blackwell chip families, as well as the company's outlook for future AI computing power demand.Nvidia CEO Jensen Huang has previously stated that he expects the current product cycle based on the Blackwell and Vera Rubin architectures to generate cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5:00 PM ET. (CNBC)
Odaily News: Qualcomm Technologies announced the launch of the Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, providing a unified development framework for AI and multimedia application development based on the Qualcomm Dragonwing platform.Qualcomm stated that IMSDK 2.0 is designed to help developers build intelligent applications on edge devices that integrate generative AI, multimedia processing, and real-time analytics capabilities, consolidating AI model inference, cameras, audio, video, sensors, and cloud connectivity into a single development environment, covering scenarios such as intelligent cameras, industrial robots, drones, and IoT devices.The new SDK introduces a Pipeline API and application building tools for Python and C++, reducing developers' reliance on underlying multimedia frameworks. Additionally, IMSDK 2.0 supports multiple AI inference paths, including the Qualcomm AI Runtime SDK (QAIRT), ONNX Runtime, and TensorFlow Lite, and can run models on CPU, GPU, or NPU as needed.Furthermore, IMSDK 2.0 introduces Coding Agent Skills for AI programming assistants, Documentation as Code, and containerized microservices capabilities, helping developers complete application building, debugging, deployment, and optimization through natural language instructions.
Odaily News Digital asset infrastructure provider Taurus has connected its tokenization and custody platform to Swift's blockchain-based ledger, allowing clients to use bank-issued tokenized deposits for payments through their existing digital asset infrastructure.Taurus stated that the first client integrations are expected to go live within days, with the first distributed ledger technology transaction facilitated by its platform expected to be completed within weeks.International payment network Swift announced in July that its ledger was ready for initial use, with 17 banks from six continents piloting real-time transactions using tokenized deposits. Standard Chartered and HSBC have completed the first real-time cross-border transaction on the ledger. (Cointelegraph)
Odaily News: Digital asset infrastructure service provider Taurus SA announced that its tokenization and custody platform has completed integration with Swift's blockchain-based distributed ledger, the international bank communication network.Taurus stated that following this integration, clients can connect their existing digital asset infrastructure to Swift's blockchain ledger and conduct payment transactions using bank-issued tokenized deposits. The first batch of client integrations is expected to go live within days, with the first transactions based on this distributed ledger technology (DLT) expected to be completed within weeks.In July 2026, Swift announced that its blockchain ledger was ready for initial use, with 17 banks from six continents planning to pilot cross-border payments based on tokenized deposits through the system. Subsequently, Standard Chartered and HSBC completed the first real-time cross-border transactions supported by the ledger, establishing connectivity between their respective tokenized deposit systems.Swift stated that the blockchain ledger will serve as a coordination layer for cross-border payments, supporting round-the-clock transfers of tokenized deposits held on participating banks' balance sheets, while continuing to complete clearing through existing financial infrastructures such as real-time gross settlement (RTGS) systems during the final settlement phase. (Cointelegraph)
Odaily News - IBM announced today that it has completed the acquisition of HRL Laboratories, LLC (HRL), a leading research and development institution specializing in quantum computing, quantum sensing, advanced communications, electronics, manufacturing, and materials science. The acquisition also complements IBM's broader innovation and investment in quantum manufacturing and infrastructure. HRL's expertise in silicon-based quantum technology creates opportunities for future collaboration with IBM's pure-play quantum foundry, Anderon, supporting scalable manufacturing methods and accelerating learning cycles across multiple quantum computing paradigms. Boeing and General Motors (HRL's former owners) will continue to work with IBM and HRL on quantum applications and advanced technology development. Financial terms of the transaction were not disclosed.
According to Bloomberg, China-based AI company Z.AI (Zhipu) confirmed on Wednesday that the mysterious AI model Ox Alpha, which has recently risen rapidly to the top of online usage charts, is a new iteration of its GLM series. Responding to a Bloomberg news inquiry, the company stated it would release the model weights for Ox Alpha tonight.
According to official statements, Lisk clarified that whether to migrate to Celo is entirely at the discretion of each project team based on their respective products, user base, and technical architecture, and is not mandatory. The Lisk Chain will shut down on October 31, 2026, and will remain operational and supported until that date.
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.
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.
According to Yonhap News Agency, SK Hynix showcased a complete lineup of storage solutions for AI infrastructure at the Dell Technologies Forum 2026 held in Seoul, including sixth-generation High Bandwidth Memory (HBM4), HBM4E, AI server DRAM, enterprise SSDs (eSSDs) and client SSDs (cSSDs). The AI data center products include liquid-cooling-ready PEB210 E1.S, high-capacity low-power PS1110 E3.S, and the company's first QLC flash-based enterprise SSD PS1101 E3.S. SK Hynix also served as a partner keynote speaker at the forum for the first time, introducing the applications of next-generation storage technologies in the AI era.
Odaily News: Lisk founder Max Kordek announced that Lisk will pivot to a treasury operations platform for enterprise finance teams, offering treasury management services such as accounts, payments, and approvals, while gradually winding down its original blockchain ecosystem. The new platform targets enterprises operating across entities and jurisdictions that use both fiat and stablecoins. Early access is now available for qualified companies, supporting unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and receivables, and permission-based payment approvals. Future plans include corporate cards, non-custodial treasury management, and payroll integrations.Lisk Chain will shut down on October 31, 2026. Lisk has partnered with the Celo team to provide a migration path for on-chain DApps, developers, and projects to move to the Celo network.Lisk also proposed a plan to gradually dissolve the Lisk DAO, including burning 100 million LSK from the DAO treasury, reducing total supply from 400 million to 300 million; removing staking penalties and allowing holders to flexibly unstake, while gradually shutting down DAO governance infrastructure.Lisk stated that LSK will transform into a "loyalty token" for the new platform, where enterprises can earn rewards by using Lisk's treasury operations platform and referring other businesses, and may also use LSK to pay platform fees in the future. LSK will primarily operate on Ethereum and Base going forward. Users who still hold LSK on Lisk Chain must complete the migration to Ethereum before October 31.
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.
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.
According to official sources, OpenAI has banned a group of ChatGPT accounts suspected to originate from Russia, which were used to generate social media content promoting the self-described Israeli-based "expert community," International Burke Institute (IBI). OpenAI stated that the operation involved publishing content on platforms such as Substack, Telegram, X, Facebook, and LinkedIn, while attempting to conceal the operators' Russian origin. Investigations revealed that the IBI website contains copied and misattributed academic content, and has introduced a so-called "Sovereignty Index." Related content tends to present Russia in a positive light while criticizing Western countries.
Odaily News: The U.S. Department of the Treasury has expanded its sanctions framework against Iran to include the digital asset sector, stating that related crypto payments exceeding $100 million have been used to facilitate Iranian crude oil sales. The Treasury's Office of Foreign Assets Control (OFAC) has also imposed sanctions on nearly 60 entities, individuals, and vessels involved in nuclear, missile, cyber, and crude oil networks.This digital asset-related sanctions designation allows OFAC to sanction foreign individuals and companies operating in Iran's digital asset sector or providing support services to related fields. The U.S. Treasury stated that Iran is increasingly using cryptocurrencies to evade sanctions, including processing transactions linked to Iran's Islamic Revolutionary Guard Corps (IRGC) and government insiders.The U.S. Treasury stated that Ivan Obukhov, a Ukrainian national based in the UAE, has processed over $100 million in crypto payments since 2023 to facilitate crude oil sales on behalf of the IRGC's Quds Force. OFAC has added Ivan Obukhov and his UAE-based company, Foscom FZE, to the sanctions list. (Cointelegraph)
According to BeInCrypto, Kylie Jenner’s X account appears to have been compromised, with an attacker posting the ticker and Pump.fun page link for the Solana-based memecoin kylie before the post was subsequently deleted. The token’s market cap briefly spiked to approximately $1.19 million before retreating by around 68%; at press time, it stood at roughly $378,500.
EntropyIO announced the completion of a $14 million funding round, led by Ribbit Capital, along with $40 million in HYPE staking support. The first batch of markets has gone live on Hyperliquid.EntropyIO stated that it has launched the first liquid Anthropic trading market and plans to further expand into assets such as Pre-IPO startups, computing resources, public companies, and global indices to enable around-the-clock trading.Team members come from Citadel Securities, Optiver, Polymarket, and Millennium, and have developed a liquidity-weighted oracle that dynamically adjusts external oracle price weights based on executable market depth, aiming to improve price discovery and liquidity for new asset classes.
Coinbase has launched a Chainlink-based tokenized stock data feed on the Layer 2 network Base, providing developers with real-time market data and order book information.