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According to SolanaFloor, Jump Crypto's Firedancer team will stop supporting the Solana transitional validator client Frankendancer after Alpenglow is activated on the Solana mainnet, with the upgrade expected to go live in October with v4.3.The team stated that the decision was made due to the maintenance and security burden, and they will subsequently focus resources on the complete Firedancer client.

NASDAQ-listed company Hyperion DeFi (NASDAQ: HYPD) announced on September 8, 2026, an upward revision of its full-year guidance for 2026 and initiated a common stock repurchase plan of up to $20 million. The company claims to be the first publicly listed DeFi company in the U.S. built on Hyperliquid. The full-year adjusted gross profit guidance has been raised from the previous $5 million to $7 million to $7 million to $8 million.The company expects adjusted net operating cash flow to turn positive in the third quarter of 2026, earlier than the previous expectation of "turning positive by the end of 2026"; and it anticipates that core operating income will turn positive in the third quarter, with adjusted gross profit from the core DeFi business expected to exceed operating expenses after excluding equity incentives for the first time. The adjusted gross profit guidance for the third quarter is $2 million to $2.5 million, with operating expenses after excluding equity incentives at $2 million to $2.25 million, and core operating income at $0 to $500,000.The board has authorized the repurchase of up to $20 million of common stock in circulation within a maximum of 12 months, which can be conducted through open market purchases, private negotiations, block trades, and other methods, with no specific quantity guaranteed. The plan may be extended, suspended, or terminated at any time. CEO Hyunsu Jung stated that the DeFi business has accelerated recently, and the core business in the third quarter is expected to achieve breakeven in terms of profit and cash flow, noting that HYPD common stock is currently trading at a discount of about 20% to 30% relative to net assets.

According to Bloomberg, ByteDance is preparing to launch an artificial intelligence model for real-time spatial video generation, with applications covering fields such as robotics and autonomous systems, and will compete with companies like Meta and Alphabet.Insiders say that ByteDance founder Zhang Yiming is personally overseeing the development of the model, coordinating multiple business departments within the company, and investing in artificial intelligence resources and computing power support. The model may be released as early as next month, but the specific timing is still subject to change.

ByteDance is set to secure a $29.6 billion syndicated loan. Initially, ByteDance planned to raise $20 billion, but due to strong demand from banks, the size was ultimately increased to $29.6 billion. The funds will primarily be used for general corporate purposes. The transaction has not yet been officially signed, and banks are still confirming allocation amounts. Once completed, this loan will become the second-largest dollar-denominated syndicated loan in Asia this year, following SoftBank Group's $40 billion bridge loan in March.ByteDance is accelerating its investment in AI, considering raising its capital expenditures to as much as $70 billion in 2026, which is more than double last year's amount, mainly for the expansion of data centers and other AI infrastructure. The last large-scale overseas loan by ByteDance occurred in 2024, raising approximately $10.8 billion.

Huobi HTX will hold a themed debate today at 20:00 titled "The Federal Reserve Cuts Forward Guidance: Regaining Independence or Triggering Market Panic?"The affirmative side representatives Li Qian, Guobao, Wanqu, and yuli will engage in dialogue with the negative side representatives Mr. Mis, Zizi, 0xmeg, and Qingfeng, focusing on the potential impacts of the Federal Reserve's weakening of forward guidance on policy transparency, market expectations, and asset pricing changes, as well as discussing how U.S. stocks, gold, and crypto assets will be repriced.

ByteDance announces an adjustment to the option price, with the price for active employees adjusted from $229.5 per share to $241.35 per share, an increase of approximately 5.1%. This is the second adjustment to the option price by ByteDance since 2026.The last adjustment to the option price by ByteDance was in April of this year, when the price for active employees was adjusted from $200.41 per share to $229.5 per share.

The prediction market platform Kalshi has permanently banned former U.S. Congressman George Santos and fined him $71,356 for manipulating a market related to his attendance at the State of the Union address, profiting nearly $18,000. This is the first time the exchange has imposed a lifetime ban on a former member of Congress.According to a disciplinary notice issued by Kalshi's compliance department on August 28, Santos conducted multiple large transactions in this market between February 2 and 25. Since he was able to influence the outcome, exchange rules prohibited him from participating in trading. He subsequently issued a series of public statements regarding his attendance, some of which were false or misleading, intending to drive price movements in the "Yes" and "No" contracts. The compliance department determined that these statements did indeed manipulate prices, allowing him to profit $17,839.57 in the relevant market, violating multiple rules regarding market manipulation, influencing trading outcomes, and using deceptive practices, and he faced additional penalties for failing to cooperate with the investigation.The prediction market allows users to bet on the outcomes of real-world events such as elections, sports, and economic data by purchasing "Yes" or "No" contracts. As event contracts have become mainstream, Kalshi and its crypto-native competitor Polymarket have seen a surge in trading volume over the past year, attracting significant institutional interest.

According to reports from the major factory, ByteDance recently held a briefing on Doubao stocks and introduced new policies for relevant employees: the price of Doubao stocks was adjusted from $14.85 per share in June to $17.02 per share, an increase of about 14.6%; the issuance of Doubao stocks was increased, with some employees reaching a total package of about 5%; employees can choose to convert a certain proportion of cash in their total package into Doubao stocks, with the proportion varying by job level.This adjustment mainly targets the large model departments under Seed (pre-training, multimodal, VLM, etc.) and the Doubao main APP team under Flow. From $13.08 in April of this year to $17.02 in August, the Doubao stock has increased by about 30.1% in less than half a year, which is about twice the increase of ByteDance options during the same period (approximately 14.5%).

On August 27, NVIDIA announced its financial report, with Q2 revenue for FY2027 at $96.2B, a year-on-year increase of 106%. Data center revenue was $89.0B, a year-on-year increase of 117%. The Q3 revenue guidance is $108B, and it anticipates a revenue growth of about 70% for FY28. WEEX TradFi shows that the AI hardware sector is also rising, with Lumentum (LITE) up 10.16% in 24 hours, Arm (ARM) up 8.19%, and Western Digital (WDC) up 7.82%.WEEX Labs believes that this round of market activity is driven by "AI inflection point + high growth guidance," with funds spreading from GPUs to optical interconnects and storage. The short-term main focus remains on re-pricing guidance, and caution is advised regarding volatility after expectations are fulfilled.

NVIDIA's revenue for the second quarter of fiscal year 2027 increased by more than double year-on-year to $96.22 billion, exceeding market expectations of $92.17 billion; adjusted earnings per share were $2.22, surpassing the expected $2.10. Data center revenue grew more than double to $89 billion, higher than the expected $85.08 billion. The company expects third-quarter revenue of $108 billion (with a fluctuation of 2%), above analysts' expectations of $104.19 billion; the adjusted gross margin is expected to be 74% (with a fluctuation of 0.5 percentage points), lower than the market expectation of 74.77%.NVIDIA expects revenue to grow by about 70% in fiscal year 2028 and to expand its collaboration with AWS, with both parties planning to deploy an additional 2 million NVIDIA GPUs in Amazon's global infrastructure in 2027 and 2028. The company stated that revenue opportunities for AI chips could exceed $1 trillion before 2027. The third-quarter guidance does not include any sales from data center chips in China.After the earnings report was released, NVIDIA's stock price rose over 4% in after-hours trading. As of Wednesday's close, the market capitalization was approximately $5.16 trillion, with the stock price having increased by 12.4% year-to-date.

NVIDIA CEO Jensen Huang stated that the company has never provided performance guidance a year in advance.

Mizuho analyst Vijay Rakesh stated that NVIDIA's second-quarter earnings exceeding expectations has become a consensus, with the market focusing on AI spending outlook. Rakesh expects NVIDIA's adjusted earnings per share to be $2.08, with revenue at $92 billion, and the actual figures may be higher. He maintains a "Outperform" rating and a target price of $300.

According to reports from Intelligent Emergence, ByteDance has completed the team integration of its office AI products, with the TRAE and Coze teams being fully merged into the Doubao system. Among them, TRAE Work and Coze will integrate their product capabilities in work scenarios with Doubao, while TRAE IDE and CLI will continue to develop as a programming product line under the Doubao brand. After the adjustment, the relevant product and operations teams will report to Zhao Qi, the product head of Doubao.TRAE and Coze were originally part of ByteDance's Product R&D and Engineering Architecture Department, positioned respectively as AI programming products and AI intelligent entity development platforms. Starting this year, productivity agents have become an important strategic direction for Doubao, and the experience accumulated by both parties will be reused in Doubao. Following this adjustment, ByteDance has further clarified the AI core business positioning of Doubao, focusing AI office products on Doubao, and will launch the independent AI office product "Doubao Work" as a unified product and brand for AI office scenarios as early as this week.ByteDance responded that the adjustment aims to better coordinate product and technical resources to provide users with a higher quality AI work experience, and existing user rights will not be affected. Recently, Doubao has intensively updated office functions such as remote computer control, Windows virtual desktop, cloud computer, and side workbench, and has launched over 200 skills and connectors; the independent "Doubao Work" will also be deeply integrated with Feishu, with the former Feishu "Aily Intelligent Partner" having been renamed to "Doubao Work Partner."

According to LatePost, ByteDance is discussing a large model with training parameters exceeding 50 trillion, surpassing Alibaba's Qwen 3.8-Max (24 trillion) and Moonlight K3 (28 trillion), making it the largest known plan in the country so far. This plan is still in its early stages and does not guarantee a final release. The new model is intended to be led by Xiang Liang, head of Seed Foundation, in collaboration with Shen Ke, who is responsible for the pre-training data of large language models. Seed is reorganizing, dividing responsibilities, and allocating resources based on this.Two weeks ago, ByteDance founder Zhang Yiming held a company-wide meeting with Seed head Wu Yonghui. Zhang reassured the team that training large models is inherently difficult and that it is acceptable to lag behind for a period of time, hoping to aim for the upper limits of intelligence and join the world's top tier. He acknowledged that programming is a key direction at present, advocating for the integration of Volcano Engine, Feishu, and Doubao resources to build computational power and data advantages, while reminding not to be led by a single hot topic. He praised Seedance's differentiated leadership and clearly opposed distillation, believing it is difficult to truly surpass and that AGI barriers should be built from a more fundamental level, stating that the company will continue to increase investment in AI.In the past six months, Seed's multimodal performance has been outstanding, with Seedance 2.0, Seedream, and others driving Volcano Engine MaaS, but the market response to the language model Seed 2.0 has been limited, and its lagging coding capabilities have affected the revenue structure. ByteDance has hired Guo Daye at a high salary to specialize in coding and has consolidated related resources. In the face of the industry's general trend of increasing model sizes, ByteDance hopes to achieve a leapfrog advantage with a larger scale while promoting the elimination of horse racing and breaking down departmental walls to concentrate efforts on tackling challenges.

China has begun to relax import restrictions on NVIDIA's H200. ByteDance and Tencent have each received about 10,000 H200 in recent weeks, and several other tech companies may soon be approved for similar quantities.The United States had previously approved several Chinese companies to purchase H200, but the transactions had been stuck in the Chinese approval process. Now, chips are finally starting to enter the mainland in batches, but it is far from a complete opening.Beijing currently only allows a small number of H200 to enter the mainland, hoping that companies will deploy more chips in overseas regions such as Hong Kong. Mainland procurement still requires separate approval. This approach allows leading AI companies to continue using NVIDIA to train cutting-edge models while also leaving market space for domestic chips like those from Huawei.

The Bitcoin Treasury Company Strategy officially announced that it will hold a live investor Q&A on August 17 at 12:00 PM Eastern Time. The company's founder and executive chairman Michael Saylor and CEO Phong Le will be present.It is reported that this investor Q&A is expected to focus on market topics of interest, including the company's Bitcoin strategy, capital operations, financing plans, and future business directions.

In response to rumors on social media about "Doubao recommending hotels for a fee," Liu Xing, the head of public affairs for Doubao at ByteDance, stated on the evening of August 10 that the related statements are inaccurate. He indicated that Doubao's life service business currently does not have paid promotions, and Doubao does not charge advertising fees for hotel recommendations; merchants cannot influence recommendations or rankings through payment, and only pay channel service fees after an order is completed.Liu Xing pointed out that some platforms adopt a "commission + advertising" charging model, while Doubao primarily charges based on completed transactions at this stage, making direct comparisons inappropriate. For merchants, the actual channel costs and the effects of new orders are more meaningful references. He also mentioned that Doubao's life service business is still in a very early exploratory stage.

The cryptocurrency hardware wallet manufacturer Coldcard has released an update on its customer data retention policy. Due to legal compliance requirements arising from the security incident disclosed on July 30, the company has temporarily suspended its original automatic customer data deletion mechanism.Previously, Coldcard's standard practice was to automatically clear customer records after 120 days, retaining only the user's email address and country information, while allowing customers to request early deletion of data at any time after product delivery. Coldcard stated that due to the security incident involving ongoing and potential legal proceedings, the company is obligated to retain records that may be relevant to litigation. Therefore, customer data that was originally scheduled for deletion will be temporarily retained until the law permits the resumption of normal processes.However, users can still request Coldcard to handle their personal information according to the original data retention policy. If users wish for their data not to be included in this legal retention scope, they can contact official customer service to make a request. Coldcard emphasizes that the retained data will be strictly protected, accessible only to authorized personnel, and will not be used for any purposes other than fulfilling legal obligations. The company will restore the previous automatic data deletion mechanism once legally permissible.

The Volcano Engine officially launched the Seedance 2.5 API. Compared to Seedance 2, the new version has significantly improved in areas such as instruction adherence, long narratives, character consistency, realism, lighting and shadow quality, and sound effects. It natively supports 30-second video output, a maximum of 50 multimodal material references, and is compatible with more than a dozen languages.

According to the Financial Times, as Chinese companies continue to narrow the gap with the top AI labs in the United States, ByteDance is training an AI model that may be close in scale to Anthropic's advanced Mythos system. According to three insiders, this Chinese tech giant is currently in the early stages of training a large-scale model, which may have a parameter count reaching the trillions, approximately three times that of the largest model released in China, the Kimi K3 model under the Moonlight brand.One insider stated that ByteDance's model is currently undergoing pre-training, a phase that typically takes three to six months. If all goes well, it will then undergo fine-tuning and be released. The specific scale of the model will be determined later. Anthropic has not publicly disclosed the parameter scale of its models, but industry estimates suggest that its advanced Mythos 5 model has a parameter count of about 8 trillion, while Fable 5 has around 5 trillion.It is important to note that the number of parameters determines the model's basic capacity for storing information or memory limit, but the actual capabilities of the model also depend on other factors, including data quality and training methods.