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The U.S. Central Command stated that the troops successfully cleared mines allegedly laid by the Iranian Revolutionary Guard in the international shipping lanes of the Strait of Hormuz.The Strait of Hormuz is now open, and transit traffic volume continues to increase.

According to South Korean media Chosun Biz, SK Hynix's NAND is lagging in the transition of old process lines, making it difficult to narrow the efficiency gap. As of the second quarter of this year, its 176-layer products still account for about 50%, while Samsung has completed the transition mainly to 236 layers. Omdia data shows that Micron's 232-layer products account for 53%, and YMTC reaches 68%.During the rising cycle of NAND prices, companies with a higher proportion of advanced processes see better cost and profit improvements. SK Hynix (including Solidigm) saw its NAND revenue share drop from 21.4% in the fourth quarter of last year to 16.4% in the first quarter of this year, while YMTC increased from 11.5% to 16.2%. SK Hynix prioritizes equipment investment in DRAM and HBM, with NAND investments decreasing for three consecutive years, from $3.5 billion in 2023 to $2.9 billion in 2025, slowing down the transition. It is currently considering impairing old NAND assets to optimize costs.

BitGo announced that it has acquired NYDIG's institutional trading business and related assets, incorporating derivatives, structured products, financing, and capital market capabilities into its institutional platform. Approximately 30 NYDIG employees will join BitGo, and NYDIG's institutional trading client relationships will also transfer to BitGo along with the business.BitGo will integrate the related business with its custody, trading, settlement, and wallet infrastructure. NYDIG will focus its resources on power generation, Bitcoin mining, and high-performance computing data center operations. NYDIG stated that its computing power infrastructure development reserves currently exceed 3 gigawatts, with more than 1 gigawatt expected to be delivery-ready by 2027 and 2028.

Bitcoin News posted on the X platform stating that France disclosed this month that its tax administration department was hacked, with approximately 678,000 individuals and businesses' related data stolen. The stolen data reportedly includes names, addresses, income, and property information.An analysis of the alleged database found that 26,805 records showed incomes exceeding 100,000 euros, including 386 records over 1 million euros. According to CertiK data, in the first half of 2026, France accounted for 33 out of 52 verified cryptocurrency wrench attacks globally. French prosecutors also accused a tax department employee of using the government database to identify cryptocurrency investors and selling personal information to criminals involved in personal attacks and extortion.The latest data breach incident has no publicly linked personal attack events, but the sensitive financial and location data of hundreds of thousands of individuals may no longer be under government control.

Japan Bitcoin Industry Co., Ltd. launched the self-custody Bitcoin payment platform Aurora at the Bitcoin Asia conference held in Hong Kong, aiming to help Japanese businesses sell content such as anime, manga, and games to international fans. The company stated that the overseas Japanese anime content market is expected to reach 21.7 trillion yen in 2024, a year-on-year increase of 26%, but traditional payment systems often keep overseas consumers at bay.Aurora allows international customers to make Bitcoin payments via the Lightning Network while providing Japanese merchants with a simple point of sale (POS) and API layer for managing invoices, payment tracking, and integration. The core design principle of the platform is that JBI does not touch the funds; each merchant operates their own self-custody Lightning Network node, directly receiving Bitcoin from customers, which provides merchants with a clearer regulatory foundation.JBI stated that Aurora draws on the experience of its existing consumer business UseBitcoin.jp, which has allowed customers to purchase digital gift cards including au PAY, V-Preca, and Kyash using the Lightning Network for the past two years. The company invites media, potential merchants, and wallet providers to contact the team at the 2026 Hong Kong Bitcoin Asia conference.

Ripple's multi-asset brokerage business Ripple Prime has launched the Delta One service aimed at institutional investors, officially expanding into the U.S. equity derivatives market. This service allows clients to execute total return swaps linked to U.S. listed stocks, indices, and digital assets, and supports cross-asset margin calculations.Noel Kimmel, President of Ripple Prime, stated that this is an important step in the development of Ripple Prime and a natural extension of the platform. The service is primarily aimed at financial institutions such as hedge funds and asset management companies, allowing clients to trade around the clock through a single counterparty. Ripple Prime currently has over $1 billion in regulatory net capital.Ripple Prime was renamed after Ripple's $1.25 billion acquisition of Hidden Road completed in October 2025. In August of this year, Ripple Prime completed a $275 million private placement of senior unsecured notes, and in May, it secured $200 million in debt financing from a fund managed by Neuberger Specialty Finance to expand its institutional lending capabilities.

According to Bloomberg, Ripple's institutional brokerage division Ripple Prime has officially launched its Delta One business, expanding into the stock trading sector for the first time, further broadening the range of traditional financial and digital asset services aimed at institutional investors. This move marks Ripple's further extension from cryptocurrency services into the traditional financial market.Through the Delta One product, Ripple Prime aims to provide institutional investors with an integrated trading channel covering stocks, indices, and digital assets, enhancing its competitiveness in the intersection of digital assets and traditional capital markets. It is reported that the new business will allow investors to execute Total Return Swap transactions on U.S. listed stocks, indices, and digital assets, serving institutional clients including hedge funds, market makers, and ETF issuers.

Japanese cryptocurrency exchange service provider Coincheck announced that it has completed the registration for electronic payment methods and other transactions on August 27, 2026, becoming the second company in Japan to obtain a license related to stablecoins.Coincheck stated that it will gradually develop stablecoin and on-chain financial related businesses based on its previous cooperation with the American company Circle to expand the use cases of USDC in Japan. The company claims that stablecoins have price stability linked to fiat currencies, which can be used for around-the-clock, fast, and low-cost transfers and payments.

According to The Wall Street Journal, Barret Zoph, co-founder of Thinking Machines Lab, will join Google as Vice President of Research. Zoph suddenly left the startup to join OpenAI after a dispute with CEO Mira Murati earlier this year, and after a brief tenure at OpenAI, he changed employers again.Previously, Zoph served as Chief Technology Officer at Thinking Machines Lab and led efforts to sell artificial intelligence products to enterprises during his time at OpenAI. Google has confirmed this appointment. Recently, Google has lost several high-profile researchers in succession.

At a closed-door sharing session held in Hong Kong, Binance founder CZ responded to questions about entrepreneurship among university students, emphasizing that there is no need to rush into starting a business. He suggested that young people should first work at a good large company for a few years, stating, "Two years should be the minimum," with 2 to 5 years being ideal. He cited his own four years at Bloomberg as an example, noting that the complete management system of a large company is something that university students cannot experience immediately upon graduation, which will be very helpful for future entrepreneurship.CZ believes that young people must focus on cultivating "a specialized skill." He stated that this is a world of global competition, "If you broadly say programming, there are millions of programmers worldwide, and it is impossible to be twice as good as everyone else. However, if you can become the best 1% or even 0.1% in the world, the returns you receive may be several times, dozens of times, or even hundreds of times more than others. The treatment of the first place and the second place will be very different."

According to Yonhap News Agency, Park Hyun-joo, Chairman of Mirae Asset Group, stated that the cryptocurrency trading platform Digital X will be the core pillar of "Mirae Asset 3.0." Based on the group's customer assets exceeding 1,500 trillion won, the initial goal is to expand the digital asset business to 150 trillion won and aim for profitability by 2027.Mirae Asset plans to expand its products around four major directions: crypto assets, stablecoins, RWA, and STO, and promote the digitization of assets such as gold, silver, and electricity, as well as on-chain financial services. Digital X was formerly the South Korean cryptocurrency exchange Korbit, which was renamed after Mirae Asset Group acquired 97.15% of its shares.

NVIDIA (NVDA.O) Chief Financial Officer expects that next year, demand from AI labs will contribute about a quarter of the company's overall business.

NVIDIA (NVDA.O) Chief Financial Officer stated that the company's sovereign AI business has grown more than twice year-on-year and increased by 35% quarter-on-quarter.

Salesforce's stock price rose 12% in after-hours trading on the U.S. stock market, as its reported performance and guidance exceeded Wall Street expectations. The company's second-quarter revenue was $11.35 billion, with a net profit of $3.53 billion, an 87% year-over-year increase. It gained $2.6 billion from its investment in Anthropic.For the third fiscal quarter, adjusted earnings per share are expected to be between $3.42 and $3.44, with revenue between $11.42 billion and $11.5 billion. The full-year earnings per share are expected to be between $16.67 and $16.71, with revenue between $46.1 billion and $46.4 billion.

On August 25, Galaxy launched the GalaxyOne Crypto Portfolio Line of Credit (PLOC) product for eligible U.S. customers. Users can pledge BTC, ETH, and SOL (including staked SOL) to borrow cash within a single revolving credit limit, without having to sell any crypto assets. The product has no initiation fees, features a variable annual interest rate of 8.99%, and a 50% initial loan-to-value ratio, meaning that $100,000 in pledged assets can borrow approximately $50,000.Galaxy stated that the value of the pledged assets will be continuously monitored, and warnings will be issued in advance if the assets decline; withdrawals are typically credited instantly, and funds can be used on the platform or withdrawn as USD and USDC stablecoins. The staked crypto assets will not be re-pledged or lent out, and staked SOL can continue to earn rewards while being used as collateral. Zac Prince, Managing Director of GalaxyOne, stated that with Galaxy's institutional infrastructure, they are able to launch this product with competitive rates, security, and flexibility.This product is offered by GalaxyOne Lending LLC in 40 states, excluding California, Delaware, Idaho, Indiana, Minnesota, Mississippi, Missouri, Nevada, and South Dakota. This move is seen as an attempt to restart retail crypto lending on a regulated track after the collapses of Celsius, BlockFi, and Voyager in 2022, contrasting with the model of freezing customer funds and forced liquidations that year.

According to Nick Timiraos, a reporter for the Wall Street Journal, known as the "Fed's megaphone," in his latest article, Federal Reserve Chairman Kevin Walsh will face a core issue during his first major speech this week in Jackson Hole: whether the persistently high inflation in the United States is caused by one-time shocks such as tariffs and wars, or if the economy itself is still overheating.This judgment will directly determine the direction of interest rates and is currently the biggest divergence within the Federal Reserve. In the July meeting, three officials supported a rate hike, while other officials indicated the possibility of further tightening policies, but Walsh has not made a clear statement. Since taking office, he has deliberately reduced policy guidance, and now both the market and his Federal Reserve colleagues are waiting for him to systematically explain his judgment for the first time.The key to Walsh's term ultimately depends on how he explains why the previous policies failed to bring inflation back to 2%. If the policies of lowering interest rates and supporting employment over the past two years were fundamentally wrong because the labor market is actually stronger than the Federal Reserve judged, then Walsh needs to push for a reversal of interest rate cuts. However, this would conflict with the previous demands from Trump and Bessenet for further rate cuts.

Bubblemaps posted on platform X that attackers exploited a vulnerability in the Cosmos EVM shared module to steal $50 million worth of NES tokens, but ultimately only profited about $60,000. Previously, Cosmos Labs reported security vulnerabilities in its shared Cosmos EVM software, affecting multiple chains built on this module, including Nesa.According to disclosures, the main attacker with an address starting with 0x9AE7 previously spent $250,000 to purchase NES and cross-chain to Nesa Chain, then exploited the vulnerability to inflate the account balance by 200 times and transferred $50 million NES back to Ethereum, with the initial funds coming from Monero. The attacker then dispersed the tokens to multiple wallet addresses, exchanged NES for ETH on a DEX, and deposited the profits into a centralized exchange.Due to the rapid withdrawal of funds from the liquidity pool, most of the attacker’s exchange transactions encountered severe slippage, resulting in an actual expenditure of $255,000 to initiate the attack, cashing out only $315,000, with a net profit of about $60,000.Bubblemaps stated that although another Cosmos EVM chain had also suffered a similar attack of $1.4 million the day before, the differences in funding sources and operational methods suggest that the two incidents may have originated from different attackers. The report also mentioned that the price of NES tokens once plummeted by 90%, but has since significantly rebounded, with the team believing that the rebound is mainly due to arbitrage activities caused by price mismatches between DEX and CEX after the attack.

Amazon officially announced that it has signed a definitive agreement to acquire the data infrastructure company DuckLabs. The transaction is expected to be completed after meeting customary closing conditions. Upon completion of the acquisition, the DuckLabs team will join Amazon Web Services (AWS). DuckLabs is the development company behind the open-source analytical database DuckDB.AWS stated that both parties have been collaborating since 2024, and this acquisition aims to combine DuckLabs' technical capabilities in database engineering to further enhance the speed, usability, and cost efficiency of AWS data analytics services. DuckDB co-founders Hannes Mühleisen and Mark Raasveldt will continue to lead the team after joining AWS and will be responsible for the technical development direction of the open-source project. Amazon emphasized that this transaction does not include the acquisition of the DuckDB open-source project itself; DuckDB will continue to be maintained by the independent DuckDB Foundation and will remain freely available under the MIT license. Amazon stated that the DuckDB user experience will not change before and after the transaction, and the project will continue to operate as open source. In the future, AWS will further announce specific plans for the integration of DuckLabs with AWS business.

ARK Invest's Director of Digital Asset Research, Lorenzo, stated that the latest improvement proposals from Solana and Ethereum are surprising. The market has indicated that Hyperliquid and others are posing strong competition, but the relevant communities are still taking time to adjust inflation arrangements and CU restrictions, which may further decrease the competitiveness of applications. He believes that L1 should prioritize how proposals can enhance network competitiveness, promote growth, and attract more consumer-grade applications and users.Lorenzo pointed out that for Solana, this is certainly not the time to be entangled in the value accumulation of token holders versus cash flow, or to increase the costs for application developers. It is essential to first prove that the pie can be expanded 100 times before discussing how to allocate it. Although in the future, it will be necessary to price high resource-consuming transactions more finely and address token value accumulation, if market share is seized by HYPE, there will be no value to accumulate. The current priority should be to expand the pie 100 times.