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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.

After the PPI data was released, U.S. Treasury yields rose, with the 10-year Treasury yield increasing by 5.63 basis points to 4.893%. The 2-year U.S. Treasury yield rose by 5.96 basis points to 4.487%. The 30-year U.S. Treasury yield climbed to 5.3381%, the highest level since 2007.

Solana treasury company SkyAI (formerly Sharps Technology, stock code SKYA) is facing shareholder opposition ahead of its annual shareholder meeting on September 18. A group holding nearly 10% of shares plans to vote against the re-election of the entire board of directors.The group's concerns include the weakening of shareholder rights, the "poison pill" plan, and related party transactions.

According to Reuters, citing two informed sources, Hangzhou artificial intelligence startup DeepSeek has hired CITIC Securities to prepare for an initial public offering on the Shanghai Stock Exchange's Sci-Tech Innovation Board and plans to initiate the IPO process this year. The potential timing of the issuance, fundraising scale, and target valuation have yet to be determined. DeepSeek and CITIC Securities have not yet responded to requests for comment.DeepSeek is currently undergoing a round of financing, with a valuation reaching 500 billion yuan (approximately 75 billion USD). The company raised about 7.4 billion USD in June this year, with a post-investment valuation exceeding 50 billion USD. In this round of financing, founder Liang Wenfeng personally committed to invest 20 billion yuan, Tencent Holdings invested 10 billion yuan, and CATL invested 5 billion yuan.Domestic large model developers Z.AI and MiniMax went public in Hong Kong earlier this year, and Beijing startup Moonshot has secretly submitted an IPO application in Hong Kong. Liang Wenfeng hopes that the funds raised from the IPO will help provide stronger incentives to retain key employees and researchers. The company has recently experienced talent loss to competitors such as ByteDance and Xiaomi.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:dog (G2Xh....ump): net inflow of $2,000, increased by 206.6% in the past 24 hours, currently priced at $0.0001.biketyson (CbyT....ump): net inflow of $2,000, increased by 16165.1% in the past 24 hours, currently priced at $0.0005.TripleT (J8PS....ump): net inflow of $1,000, increased by 51.3% in the past 24 hours, currently priced at $0.0136.AERO (45p6....ump): net inflow of $549, increased by 52.4% in the past 24 hours, currently priced at $0.0001.MEGUSTA (EzX3....ump): net inflow of $460, increased by 13.6% in the past 24 hours, currently priced at $0.0001.

According to the latest stock derivatives exchange rankings released by RootData, influenced by factors such as macroeconomic uncertainty and interest rate hike expectations, the 24h trading volume of the top five exchanges has decreased.Binance's 24h trading volume is approximately $14.849 billion, a decrease of 11.66%. Hyperliquid's 24h trading volume is approximately $2.272 billion, a decrease of 19.77%. Gate's 24h trading volume is approximately $1.079 billion, a decrease of 3.33%. OKX's 24h trading volume is approximately $2.796 billion, a decrease of 2.40%. Bitget's 24h trading volume is approximately $1.218 billion, a decrease of 23.69%.

According to Ai Yi's monitoring, the top spot on the Binance contract real smart money 30-day leaderboard has changed hands, with trader Semisemi earning over 10.78 million USD in the past 30 days. Among them, the BTC long position has realized profits of over 8.06 million USD, and the ETH long position has realized profits of over 3.91 million USD, with the main earnings contributed by BTC and ETH trading.Currently, Semisemi still holds BTC and ETH long positions worth 95.59 million USD, with a total unrealized loss of approximately 1.885 million USD.

According to The Block, Coinbase has appointed Anthony Armstrong as a board member and has joined the Audit and Compliance Committee. Anthony Armstrong previously served as the Chief Financial Officer of xAI, X.AI Corp, and X Corp, and worked at Morgan Stanley for nearly a decade as Vice Chairman of Investment Banking, later joining the U.S. Department of Efficiency (DOGE) as a Senior Advisor. Coinbase praised him for his "excellent track record in efficient execution and his ability to build scalable operational systems."With this appointment, the Coinbase board has increased from 9 to 10 members. SEC filings reveal that Anthony Armstrong has no familial relationship with Coinbase CEO Brian Armstrong.

Cryptocurrency wallet and trading platform Backpack announced that Kyle Samani, co-founder of Multicoin Capital and an early investor in Solana, has joined the Backpack US board of directors.Kyle Samani has long focused on decentralized finance, blockchain infrastructure, and the evolution of global capital markets. Backpack stated that this appointment reflects a shared belief that the future of global finance will combine institutional risk management with the efficiency and transparency of on-chain markets.

Predict.fun posted on platform X that it has launched the Predict Developer Dashboard, a self-service portal for creating applications, generating keys, and managing usage and rate limits. Through this interface, users can manually request higher usage-based tiers and import existing keys.Predict.fun has also implemented "trade burst" limits to restrict the number of calls for creating and canceling orders per second. New applications have this limit enabled by default, while existing applications will have this limit applied the next time the user requests rate limits.

According to a report by Juheng.com, after Samsung Electronics took the lead in raising prices for some advanced and mature processes, the market expects TSMC to follow suit, with prices for its various processes likely to increase by 10% to 15% across the board. According to reports from TrendForce and Nomura Securities, TSMC has completed a new round of price negotiations with customers in mid-year, raising prices for the tight supply of some 3-nanometer N3 processes by up to 15% for the second half of the year. The market further anticipates that by early 2027 at the latest, prices for TSMC's advanced processes such as N2, N3, and N5 may increase by another 5% to 10%.TSMC's N2 and N3 capacities have almost been fully booked by Apple and NVIDIA. The prices for mature processes such as N12, N16, and N28, which have not been adjusted for three consecutive years, may also see a simultaneous increase, with a maximum rise of about 10%. According to estimates from Citi Securities, TSMC's capital expenditure will reach $80 billion in 2027, further increasing to $90 billion in 2028, with this year's capital expenditure already raised to between $52 billion and $56 billion. TSMC announced in July that it would expand its investment in the United States to $265 billion. According to Reuters, Samsung raised prices for some new orders of advanced processes in July, with the 4-nanometer SF4 seeing increases of 10% to 15% for customers in China and the United States.

According to CCTV Finance, Suiruan Technology will launch online subscription on the Shanghai Stock Exchange's Science and Technology Innovation Board on September 2, with the stock code 688801 and online subscription code 787801. It plans to issue approximately 43.04 million shares, accounting for 10% of the total share capital after issuance, raising 6 billion yuan for the research and development of fifth and sixth generation AI chips and collaborative projects for artificial intelligence hardware and software.Suiruan Technology, along with Moore Threads, Muxi Co., and Birun Technology, is collectively known as the "Four Little Dragons of Domestic GPUs." The other three companies have already gone public, with their closing price increases on the first day of listing being 425.46%, 692.95%, and 75.82%, respectively. Suiruan Technology's revenue for 2023 to 2025 is projected to be 301 million, 722 million, and 990 million yuan, with a three-year compound growth rate of 81.32%.

The decentralized oracle protocol Switchboard tweeted that there were reports last night about a possible intrusion on the Switchboard network implemented in the Move language. Contributors have coordinated with relevant teams and security organizations to suspend the Switchboard network on Aptos, Sui, Iota, and Movement.Although there have not been similar reports of an intrusion on the Solana implementation, users are advised to migrate to other alternatives at least temporarily as a precaution, while the issue is under investigation. More details will be announced later.

According to Bloomberg, European Central Bank Executive Board Member Isabel Schnabel stated that central banks should introduce central bank money into blockchain to innovate the execution of monetary policy.Implementing "on-chain" not only maintains the status of money as the "settlement cornerstone," but also allows central banks to utilize the programmable features of distributed ledgers to modernize the execution of monetary policy, collateral management, and liquidity provision, thereby promoting financial stability.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:POKEMON (EhCz....ump): Net inflow of $6,000, with a 24-hour increase of 5595.8%, currently priced at $0.0002.QUALITY (FqEy....ump): Net inflow of $4,000, with a 24-hour increase of 6982%, currently priced at $0.0002.KURO (5Cwp....ump): Net inflow of $2,000, with a 24-hour increase of 5237.4%, currently priced at $0.0002.moonkey (BRZ5....ump): Net inflow of $2,000, with a 24-hour increase of 12718.1%, currently priced at $0.0004.VI (35zA....ump): Net inflow of $1,000, with a 24-hour increase of 1660.9%, currently priced at $0.0001.

DefiLlama has partnered with the Web3 investment banking and consulting platform Forgd to launch a universal token rating dashboard, which rates over 100 DeFi tokens with a score from 0 to 100 and assigns letter grades from AAA to CCC, mirroring traditional credit ratings. The ratings are continuously updated based on changing token-related metrics.The dashboard aims to standardize the assessment of crypto tokens, providing traders and investors with a transparent and unified measurement scale, enhancing transparency and trust in the context of inconsistent metrics in the DeFi sector.

DeFi Development Corp, a publicly traded company in the United States, announced the launch of State of Solana, a free public data dashboard that aggregates market, network, staking, and ecosystem metrics for Solana. The company is the first publicly traded firm in the U.S. to establish a treasury strategy around accumulating SOL, currently holding 2,294,576 SOL, valued at approximately $208 million, making it the second-largest holder of Solana treasury after Forward Industries.Pete Humiston, Chief Marketing Officer of DeFi Development Corp, stated that the company has spent considerable time explaining why they believe Solana is one of the most important networks in the crypto space, but this argument goes far beyond the price of SOL. State of Solana allows investors and ecosystem participants to view the underlying data themselves. The dashboard tracks SOL returns over five time windows, rainbow chart price history, real-time epoch progress and block times, transactions per second throughput, estimated staking yield and inflation rate, top yields in Solana DeFi, cross-chain activity comparisons, and validator staking distribution (including the Nakamoto coefficient).The company's stock, DFDV, is currently trading at approximately $4.50, with a market capitalization of about $140 million, down about 16% since the beginning of the year and down about 72% from $16 a year ago.

Piero Cipollone, a member of the Executive Board of the European Central Bank, stated in an interview with the Italian media ilsussidiario.net on August 10 that the digital euro will provide the highest level of privacy protection achievable with current technology. Offline payments will be made directly between individuals, with transaction details visible only to the payer and the payee; during online payments, the euro system will not be able to identify the payer or payee, only the commercial banks involved in the transaction will be able to identify them, including for anti-money laundering purposes.The European Parliament reached a negotiating position on the regulation of the digital euro in July, with the negotiation goal with member states to reach an agreement by the end of 2026. The European Central Bank has designated 36 payment service providers, including Deutsche Bank, UniCredit, and Revolut, to participate in a 12-month pilot starting in the second half of 2027, with the first issuance targeted for 2029. Meanwhile, the "21st Century Road Act" signed in July in the United States prohibits the Federal Reserve from issuing central bank digital currency before the end of 2030, unless explicitly authorized by Congress.

Due to the decline in crude oil prices easing inflation concerns, U.S. Treasury prices rose, and yields on U.S. Treasuries across all maturities fell by 2 to 4 basis points.Treasury Secretary Yellen announced plans to at least double the scale of Treasury buybacks, with the yield on 30-year U.S. Treasuries having decreased by about 9 basis points to 5.19%.