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According to CoinGlass data, the total liquidation in the cryptocurrency market in the past 24 hours was $504 million, including $358 million in long liquidations and $146 million in short liquidations, with a total of 120,713 people liquidated.The largest single liquidation in the past 24 hours occurred in Binance's ETHUSDT, valued at $10.0409 million.

According to internal information obtained by 404 Media and Reuters, after Meta expanded the Muse "Call for You" testing, it was revealed that some calls were actually completed by real people. Muse can transfer tasks to real contractors at call centers, who then make calls on behalf of users and fulfill requests. Some testers only realized there was human intervention after the call ended.Meta adopted this approach mainly to improve success rates. Internal testing showed that the success rate of phone tasks could reach 95% to 98% with human intervention, higher than pure AI. Some merchants hang up directly when they hear the other party is AI, and there are also testers in the community who reported that merchants hung up after Muse identified itself as an AI assistant.Human intervention raises privacy concerns, as users originally believed their information was only shared with AI, but it may actually be seen by outsourced personnel. Some people within Meta also questioned that providing privacy training to contractors does not equate to a real safety mechanism. A Meta official later admitted that failing to inform testers in advance about human intervention was a mistake, and this feature has been rolled back. Meta stated that the phone function is still in testing and will only be officially launched after ensuring safety, privacy, and clear communication.

According to Business Insider, Oracle launched its second round of layoffs this year last week. A leaked document shows that 546 employees from its U.S. cloud infrastructure organization were laid off, accounting for about 7.6% of the listed 7,185 employees. The most affected positions include managers, engineers, software developers, and employees in the data center maintenance and service departments. The document states that the information was provided to comply with federal age discrimination laws. Oracle did not disclose the total number of layoffs last week and did not respond to requests for comment.Oracle previously revealed that it expects to reduce its workforce by 21,000 employees, a decrease of 13%, by May 31, 2026, with the total number of employees before the recent layoffs being 141,000. The cloud infrastructure department's revenue grew by 121% year-over-year in the most recent quarter. The document indicates that 57 software developer III positions were cut, with software development-related positions accounting for about 17% of the layoffs; the data center support services department laid off 41 people, including the department's vice president and two senior directors.A total of 128 positions containing the word "manager" were eliminated, accounting for about 23% of the layoffs, with project managers totaling 61 people. Most affected employees are over 40 years old, with about 16% being 60 years or older. Oracle is increasing its investment in AI data centers, expecting related expenditures to be between $90 billion and $95 billion this year.

The People's Bank of China today reiterated in its financial education campaign that virtual currencies such as Bitcoin, Ethereum, and Tether do not have legal tender status and cannot be used for currency circulation; conducting virtual currency-related businesses within the country is considered illegal financial activity and is strictly prohibited.The People's Bank of China stated that without the consent of relevant authorities, domestic entities and their controlled overseas entities are not allowed to issue virtual currencies abroad, and no units or individuals, whether domestic or foreign, are permitted to issue stablecoins pegged to the Renminbi abroad. The People's Bank reminds the public not to participate in virtual currency issuance, trading, investment, or mining activities, to be wary of high-yield investment scams, and to avoid renting out bank cards, payment accounts, or participating in virtual currencies.In addition, the People's Bank advises caution against virtual currency investment products and trading platforms that claim "guaranteed profits" or "high interest"; not to participate in virtual currency issuance, trading, investment, or "mining" activities; not to join communities promoting virtual currency activities, not to click on links containing overseas virtual currency trading platforms, or download related apps; not to lend or rent out bank cards or payment accounts, not to buy or sell virtual currencies "on behalf of others" as instructed, and not to act as "drivers," "currency dealers," or "U merchants"; and to report any clues related to virtual currency business activities to the relevant regulatory authorities in a timely manner.

Elon Musk retweeted a post stating that GPT-6 Astra pushed a simulated character off a cliff in multiple simulation tests, while Grok, Gemini, and Claude did not do so.

The police of the United Arab Emirates and Sweden arrested 7 suspects involved in an international money laundering network. Investigators stated that tracking the cryptocurrency transactions of this network revealed its connections to organized crime and contract killings. According to the UAE News Agency citing the Ministry of Interior, the leader of the network is a Swedish citizen who had previously fled Sweden and was wanted by Interpol with a red notice, ultimately being captured in the UAE. Additionally, 6 other suspects were arrested simultaneously in Sweden, and all 7 have been charged.The Ministry of Interior stated that the network processed approximately 70 million Swedish kronor (about 7.1 million USD) in criminal cash proceeds over 10 months and transferred it to other criminal entities while using cryptocurrency to "transfer and move the value of these funds." Tracking cryptocurrency transactions and analyzing digital evidence helped investigators uncover the financial links between this network and other criminal activities, including organized crime and contract killings.Abdulaziz Al Ahmad, the Director of the Federal Criminal Police of the UAE Ministry of Interior, stated that the country will continue to track criminal networks and cut off their sources of funding. Anders Wiberg, head of the International Department of the Swedish Police, said that cooperation with the UAE was a key factor in the successful resolution of this case. Both countries launched simultaneous arrest operations after intelligence sharing and direct security coordination. Previously, Sweden had requested the police to increase efforts to seize illegal digital assets, as the issue of gangs using social media and encrypted applications to recruit paid killers has become increasingly serious.

According to a report by the Korean Yonhap News Agency, the Busan Police Agency disclosed that someone illegally accessed the account of a text message sending agency used by the marketing department of a composite shopping center in the Sasang District of Busan, sending bulk scam messages to over 260,000 unspecified individuals, claiming "the cryptocurrency wallet has been updated" and inducing quick installation.Once users click on the attached link, they may encounter phishing attacks (Smishing) that could lead to the theft of virtual assets. The police have currently blocked access to the relevant accounts and are conducting a tracking investigation into the illegal intruder.

Vercel COO Jeanne DeWitt Grosser stated that the company has reduced its inbound sales development team from 10 people to 1.25 people, with inbound sales development achieving 90% automation. The company has built its own support agents to handle 93% of all support cases.The annual infrastructure costs for the two scenarios mentioned above are in the thousands of dollars. Sales development agents achieve a 32 times return on investment. The company is enabling AI to reach the 99th percentile performance level 99% of the time.

The weekly change in ADP employment in the United States for the week ending August 29 was an increase of 16,250 people, compared to the previous value of 12,000 people.

The Bitget 2026 King Cup Global Invitation Tournament (KCGI) has been underway since September 9, with over 1,420 teams participating and a total of 50,902 participants. Users can sign up to participate at any time during the tournament, with the registration deadline set for September 22.This KCGI is centered around "UEX Panorama Competition," and for the first time, it integrates three major tracks: crypto contracts, TradFi contracts, and stock spot (rToken), achieving a unified competition arena, prize pool, and ranking, with a total prize pool of 3 million USDT.The UEX Arena offers a maximum reward of 2 million USDT, covering five major leaderboards including team earnings, trading volume across tracks, and individual earnings; the UEX Treasure Map provides a maximum chest reward of 600,000 USDT through a task key and track fragment synthesis mechanism; there is also a special incentive of 100,000 USDT for team captains participating in the competition.

According to a report by Reuters, the Swiss cryptocurrency company Bitcoin Suisse plans to lay off up to 60 of its 120 employees in Switzerland to restructure its business. The company stated that software development and backend functions will gradually be integrated into an international center to accelerate expansion, acquire a broader talent pool, and invest more effectively in future products. The layoffs will take effect after the consultation period ends on September 20, and the company is also closing its IT development site in Copenhagen.

Anthropic released the latest AI abuse report stating that app development studios have utilized Claude to develop and operate over 20 dating apps. The platform claims that all users are real people, but approximately 75% of the matches that regular users encounter are AI characters. During a two-week observation period in April 2026, these dating apps operated over 4,700 AI characters, chatting with at least 25,000 different users and sending a total of about 2.36 million messages, primarily affecting users in the United States.The platform displays profiles in a mixed ratio of about 3 AI characters for every 1 real person. Claude simultaneously maintains thousands of conversations, with real part-time staff stepping in when users request video calls, ask for photos, or seek to follow social media accounts. The system generates three alternative replies for each message for part-time staff to choose from. User chatting and matching consume credits, and once depleted, users must purchase in-app virtual currency to recharge. Accounts fully controlled by AI are required not to acknowledge that they are robots.To evade app store scrutiny, the operators designed a special interface that is only activated during the review period, with over 20 apps using different program class names. Relevant brands disclosed by Anthropic include DORA, DONI, ROMI, LUMA, JOVIA, KIRA, GRACECHAT, HAVEN, NALO, and LOVIA. The company has banned related accounts and provided information on app identities and review evasion to Apple and Google.

The weekly change in ADP employment in the United States for the week ending August 22 was an increase of 12,000 people, compared to the previous value of 11,750 people.

According to Cointelegraph, the Attorney General's Office of the State of Mexico (FGJEM) reported that two suspects, Diego Sebastián and Gerardo, were arrested for allegedly murdering Jonathan Meléndez, the keyboardist of the rock band Camilo Séptimo, along with his pregnant wife, daughter, and an employee. The family's golden retriever was also killed.The suspects are accused of committing the crime to obtain a cold wallet that allegedly contained millions of dollars in Bitcoin, with one of the suspects being a business partner of the victim, using that relationship to gain access to the victim's home. The two will appear in court on Wednesday, where the judge will decide if there is enough evidence to continue the criminal proceedings. If convicted, each suspect could face a prison sentence of 25 to 70 years corresponding to each victim.Such violent robberies targeting cryptocurrency holders (known as "ransom attacks") are on the rise. According to CertiK data, there were 52 reported ransom attack incidents globally in the first half of 2026, a year-on-year increase of 33.3%; among them, there were 20 home invasions targeting cryptocurrency holders, compared to only 1 during the same period last year.Chainalysis estimates that in the first half of 2026, criminals stole over 30 million dollars in cryptocurrency through ransom attacks. In 2025, global ransom attack incidents increased by 75% to 72 cases, with France leading with 19 cases, accounting for about 40% of the total attacks in Europe.

As of the end of August, China's gold reserves reported 76.73 million ounces (approximately 2,386.57 tons), an increase of 650,000 ounces (approximately 20.22 tons) month-on-month. The People's Bank of China has increased its gold holdings for the 22nd consecutive month.

The U.S. Bureau of Labor Statistics will release the August non-farm payroll report tonight, with the market expecting an increase of only 56,000 jobs and an unemployment rate remaining at 4.1%. The market generally believes that the U.S. job market is currently in a "stable but weak" state, and a weakening employment data may not directly prompt the Federal Reserve to cut interest rates, with policy focus still on inflation trends.J.P. Morgan's trading desk predicts that if job additions exceed 95,000, the S&P 500 index may drop by 0.5% to 1.25%; if job additions are only between 5,000 and 35,000, the S&P 500 index may rise by 0.25% to 0.75%. The market expects that this non-farm data will become an important variable affecting the Federal Reserve's September policy expectations and the short-term trend of U.S. stocks.Recent statements from Federal Reserve officials indicate that the job market is currently not the focus of policy. Federal Reserve Governor Barr stated earlier this week that the employment situation is "stable," while Governor Waller said on Thursday that the employment condition is "satisfactory." This assessment does not imply that the job market is performing strongly, but it suggests that in the absence of further easing in inflation, the Federal Reserve may consider raising interest rates while trying to avoid impacting employment.

The Bitget 2026 King Cup Global Invitation Tournament KCGI has opened registration on August 26. As of now, the event has formed 1,122 teams, with a total of 30,337 participants.This tournament is the first to integrate three major tracks: crypto contracts, TradFi contracts, and stock spot rToken, all in the same arena, with the same prize pool and ranking, totaling a prize pool of 3 million USDT. Registration ends on September 22, and the team and individual competitions will take place from September 9 to September 22.