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A federal jury in San Diego, USA, ruled on Friday that Apple must pay over $5.7 billion in damages for using patented technology from the haptic patent company Taction Technology, according to Caixin. This is the highest patent compensation amount in U.S. history. Taction sued Apple in 2021, claiming that its sales of devices infringing on touch technology improperly utilized related innovations; the case was dismissed in 2023 but was later reinstated by the Federal Circuit Court of Appeals.Apple issued a statement strongly opposing the verdict and the amount of damages, stating that the ruling lacks factual basis. Apple stated that its haptic engine is fundamentally different from Taction's technology, and tests conducted during the trial confirmed this, asserting that it did not use Taction's technology and would appeal. Taction's chief attorney, Lance Yang, thanked the jury and mentioned that the company waited five and a half years for the case to go to trial.The core of the lawsuit revolves around two vibration-based haptic sensor technologies designed to allow users to perceive the device's response to input. Taction claims that Apple’s haptic engine in the Apple Watch and iPhone used its inventions without authorization. Apple's haptic engine was launched in 2014 with the Apple Watch and was used in the iPhone 6s and iPhone 6s Plus the following year, replacing the older vibration motors. Since Apple insists on appealing, the amount of damages will need to be determined first by the presiding judge before entering the appeals process for final confirmation.

California Governor Gavin Newsom signed a bill prohibiting California public officials from issuing meme coins.

The Sui ecosystem decentralized finance protocol AlphaFi announced the initiation of an orderly shutdown procedure. It has now entered maintenance mode, halting new deposits and loans. Existing users can still close positions and withdraw assets.Previously, some loan positions in AlphaLend that used ALPHA as collateral experienced severe under-collateralization, leading to bad debts for the protocol. Currently, the related bad debts have been fully covered, and the protocol is solvent, ensuring user fund safety. AlphaFi will continue to cooperate with the Sui Foundation to investigate and recover related debts, and will officially exit the Sui ecosystem after the last user completes their withdrawal.

CoinDesk reported that the autopsy results confirmed that Hsin-Ju Chuang, a former partner at the cryptocurrency venture capital firm Hack VC, committed suicide on August 24.The California Highway Patrol stated that the investigation into the relevant circumstances is still ongoing.

According to Caixin, poker master and seasoned cryptocurrency investor Hu Zheweng made significant bets during the three waves of cryptocurrency frenzy involving ICOs, algorithmic stablecoins, and AI tokens, but faced consecutive failures. Hu Zheweng claimed to have invested in the blockchain project Stratis, achieving a return of "over 1000 times."According to disclosed information, Hu Zheweng invested approximately 80 million USD in algorithmic stablecoin TerraUSD (UST) and its sister token LUNA from May 2021 to May 2022, with the peak market value of his holdings exceeding 800 million USD, but the price of LUNA subsequently nearly dropped to zero.In addition, Hu Zheweng has filed a lawsuit in Chicago, USA against the globally renowned quantitative trading firm Jump Trading and its related companies and executives in the cryptocurrency business, seeking at least 500 million USD in damages. After experiencing Stox and Terra, Hu Zheweng has not left the cryptocurrency market; last January, he bet on a new project by a Chinese computer professor Zhang Yongfeng. Zhang Yongfeng entered the Computer Science Department of Tsinghua University in 2007 and is currently a tenured associate professor in the Computer Science Department at Rutgers University in the USA. He has been sued by Hu Zheweng on multiple charges including "securities fraud." It is reported that the tokens issued by the organization founded by Zhang Yongfeng, in which Hu Zheweng invested millions of dollars, have fallen over 99.6% from their peak in 2025.

KelpDAO stated on platform X that it has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack incident that occurred earlier this year. The lawsuit claims that LayerZero failed to adequately disclose its inherent technical weaknesses and risks; failed to prevent its security infrastructure from being compromised; and that LayerZero had previously reviewed and approved Kelp's deployment and configuration in writing.Officials stated that LayerZero has publicly attributed responsibility to itself in recent months. Since the occurrence of the attack, the team has taken action to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard.LayerZero co-founder and CEO Bryan Pellegrino tweeted that KelpDAO's related claims lack basis and that he will respond and defend in Vancouver.Previously, LayerZero released an incident report indicating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in a loss of approximately 116,500 rsETH, valued at around $292 million.

Two ChatGPT users from California filed a proposed class action lawsuit against OpenAI in the United States District Court for the Northern District of California this month, accusing the company of failing to adequately inform users that their real conversations were being handed over to external contractors for processing. The lawsuit was served to OpenAI on September 2, focusing on its internal initiative Project Lily. According to the complaint, "AI data reviewers" and "chatbot evaluators" recruited through a third-party staffing company read real ChatGPT prompts and complete conversations, summarize user intent, and score and comment on responses from four models on a scale of 1 to 7.This process is known in the industry as reinforcement learning from human feedback (RLHF), which is a fundamental method for enhancing chatbot capabilities. The complaint states that users were never explicitly informed that a person, rather than a machine, might be reading their conversations. OpenAI filters conversations through an automated system before human review, but the complaint alleges that the filters cannot intercept all content, and personal details sometimes still reach contractors. 404 Media first reported on the project on September 14 and found that the reviewers' dashboard included "user memory summaries," which could expose users' approximate locations, occupations, or private life information, even though usernames had been removed.OpenAI stated that such reviews aim to reduce two behaviors: chatbots behaving too much like humans and overly catering to users, referred to by researchers as "flattery." The complaint raises eight legal claims, including violations of California's Unfair Competition Law, Consumer Privacy Act, and common law claims for intrusion into private affairs, with the plaintiffs seeking damages, restitution of unjust enrichment, and punitive damages.

On September 24, WEEX Exchange announced that it will hold TOKEN2049 Singapore · WEEX Alpha Suite from October 7 at 9:00 to October 8 at 18:30 (GMT+8) at Marina Bay Sands in Singapore, and registration is now open. During the event, WEEX will provide a dedicated communication space for global builders, traders, KOLs, and crypto enthusiasts to engage in in-depth discussions on topics such as market trends, industry innovation, and product development.The event will feature roundtable forums and selected AMAs, where leading crypto and tech teams will share insights on the future direction of the market. In addition, WEEX will showcase the WEEX AI real-time trading feature on-site, allowing users to experience AI trading tools and explore the WEEX Trading House. Coffee and tea breaks will be provided on-site, along with exquisite merchandise and customized souvenirs.

On-chain gold and foreign exchange trading infrastructure XStable has recently completed a new round of financing, which was supported by several institutions including YZi Labs, Sui Foundation, Taisu Ventures, and CatcherVC.Previously, XStable had received investments and support from institutions such as Solana, Amber Group, KuCoin Ventures, and Singchain, accumulating millions of dollars in financing from more than ten institutional investors worldwide. Currently, XStable has focused on market development around gold, silver, and major foreign exchange trading pairs. According to data disclosed by the platform, XStable's average daily trading volume has exceeded 100 million dollars, with a cumulative trading volume of over several hundred billion dollars.

According to Cointelegraph, in response to a previous report by The Wall Street Journal regarding European Central Bank President Christine Lagarde pressuring Greek Prime Minister Kyriakos Mitsotakis to block Binance's MiCA license application, a Binance spokesperson told Cointelegraph that they "do not comment on speculative reports" and reiterated their intention to seek long-term compliance under the EU MiCA framework.Previously, Binance applied for a MiCA license in Greece in January 2026. In mid-June, reports indicated that the Hellenic Capital Market Commission (HCMC) planned to reject the application. Binance subsequently withdrew the application a few days before the MiCA deadline on July 1, stating that they would seek authorization from other EU member states. The European Central Bank and the Hellenic Capital Market Commission have not responded to the related reports.

ESS Frontier LLC filed a lawsuit on September 4, 2026, in the United States District Court for the Southern District of New York, case number 1:26-cv-07645, against Ostium Foundation, Ostium Labs Co., Deltax LTD., DX Group Limited, Ostium co-founder and CEO Kaledora Kiernan-Linn, and John Doe Transferees 1-10. The nature of the case is arbitration matters under other statutes, with the cause of action being a petition for a mandatory arbitration order and the appointment of an arbitrator pursuant to 09 U.S.C. § 206.The plaintiff also submitted a complaint, a motion for a temporary restraining order, a motion to seal limited materials, and related declarations. Public reports indicate that the lawsuit involves approximately $15 million in crypto loans, with ESS Frontier LLC suing as the assignee of the debt owed by Hong Kong lender Minghui Zheng. On September 14, the plaintiff submitted the first amended complaint, adding Minghui Zheng as a co-plaintiff. The court is scheduled to hold a hearing on September 17. Ostium is an on-chain perpetual contract protocol deployed on Arbitrum, providing leveraged trading for stocks, commodities, foreign exchange, and crypto assets.

Market news shows that OpenAI and GitHub have won the copyright lawsuit regarding AI programming tools.

According to market news, Twenty One Capital CEO Raphael Zagury stated that the company is considering issuing preferred shares similar to STRC to increase its holdings in Bitcoin.

Court documents show that Elon Musk's company X and xAI have resolved the antitrust lawsuit against Apple (AAPL.O).

Bitget celebrates its 8th anniversary, and CEO Gracy has released an anniversary open letter. She candidly stated that a year ago, when Bitget proposed the panoramic exchange UEX strategy, there were many doubts from the outside world, but the team chose to respond with product implementation. She mentioned that the starting point of UEX is to solve the fragmentation of assets, accounts, time, and geography, allowing users to trade high-quality global assets in one stop. Now, more and more leading exchanges are beginning to layout traditional financial trading, and Gracy referred to 2025 to 2026 as the "Year of Multi-Asset Trading."In her letter, Gracy wrote that over the past year, Bitget has transitioned from a "follower" to a "leader in product innovation," successively launching products such as stock perpetual contracts, Pre-IPO, cross-asset unified accounts, rToken, and Hong Kong stock Quanto contracts. Data shows that the peak trading volume of non-crypto assets has accounted for 40% of the platform's total trading volume, with daily trading volumes of TradFi contracts and CFDs both exceeding $10 billion, and the cumulative number of rToken transactions surpassing 3 million.Regarding the next phase, institutional business will become the core direction of Bitget. By the second quarter of 2026, the net asset scale of Bitget's institutional clients is expected to grow by 45% compared to the third quarter of 2025, with the number of core active market makers increasing from 90 to 248. In the future, the platform will continue to optimize trading execution, asset security, and institutional service links. Gracy concluded her open letter by stating, "The pursuit of trading excellence is never complete; it is always in progress. The era of multi-asset trading has just begun."

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.

F2Pool co-founder and stakefish founder Wang Chun tweeted that Oleksii Trofimchuk filed a lawsuit against Lido Finance and stakefish on September 8 in the Santa Clara County Superior Court, accusing them of allowing competing MEV bots to submit high-priority fee transactions to claim the ETH after his wallet was hacked.

The domestic cloud AI chip manufacturer Suiruan Technology officially landed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on September 11, with an issuance price of 142.18 yuan per share. As of the time of writing, the latest quote for the stock is 418 yuan per share, an increase of 193.99% from the issuance price, with a transaction amount of 3.404 billion yuan, a turnover rate of 44.82%, and an amplitude of 47.83%. The intraday high reached 475 yuan per share, while the lowest was 407 yuan per share, with a total market value of 179.887 billion yuan.Suiruan Technology was established in March 2018 and uses its self-developed DSA architecture. It has iterated four generations of architecture with five cloud AI chips, covering AI chips, accelerator cards and modules, intelligent computing systems, and clusters. Its third-generation product S60 has shipped a total of 160,000 units. From 2023 to 2025, the company's revenue is projected to be 301 million yuan, 722 million yuan, and 990 million yuan, respectively; in the first half of 2026, revenue is expected to be 1.12 billion yuan, a year-on-year increase of 279.08%.Tencent is the largest external shareholder of Suiruan Technology, holding a total of 20.26% of the shares along with its concerted actors, and is also the company's largest customer, with sales revenue accounting for 83.79% of total revenue in 2025. This public offering involves 43.0352 million shares, raising a total of approximately 6.119 billion yuan, mainly directed towards the research and development and industrialization projects of fifth-generation and sixth-generation AI chips.

According to Hyperliquid News, the Hyperliquid Policy Center has submitted a legal opinion to the federal court in Washington, D.C., seeking to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against the U.S. Commodity Futures Trading Commission (CFTC).The lawsuit involves the CFTC's prior approval of the launch of regulated cryptocurrency perpetual contracts in the U.S. through Kalshi. CME had previously filed a lawsuit regarding the related regulatory decision, while the Hyperliquid Policy Center supports the CFTC's side, arguing that the court should dismiss CME's lawsuit.

According to Bitcoin News, the U.S. Commodity Futures Trading Commission (CFTC) has requested a Washington D.C. court to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against Kalshi regarding Bitcoin perpetual futures contracts.Kalshi's cash-settled BTCPERP contract was approved on May 29, which has no expiration date, employs a funding rate mechanism, and tracks the spot price of Bitcoin. CME argues that contracts without a delivery date that continuously generate funding payments should be classified as swaps, not futures. In response, the CFTC stated that CME's lawsuit is "making a fuss over nothing" and pointed out that CME could also list similar products. Furthermore, the CFTC noted that CME's Bitcoin futures trading volume in June and August was higher than in May, indicating that related business has not been significantly affected. CME must submit a response by October 2.