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Lisk's Head of Business Development Leon Waidmann stated in a post on X that the inventory trends of ETH and BTC on exchanges are diverging sharply. The exchange supply ratio of BTC is 16.5%, while ETH has fallen below 12.7%, with a gap of nearly 4 percentage points.The supply of BTC on exchanges remains relatively stable, while ETH continues to flow out of exchanges. The liquidity supply of ETH on exchanges is experiencing structural tightening.

The payment service provider license of CoolCash (Xiao Yi Payment), the parent company of Tianxu International Technology Co., Ltd., has been revoked by the National Bank of Cambodia and has entered liquidation proceedings. The company and its director, Pang Weizhi, were included in the UK government's sanctions list in March this year due to alleged ties with the Prince Group.The National Bank of Cambodia announced on the 10th that it revoked the payment service provider license of Tianxu International Technology on August 3. This license was issued on May 27, 2024, and was originally valid until 2030. The bank also appointed Morrison Kak MKA Audit Accounting Firm as the liquidator in accordance with Article 68 of the Law on Banking and Financial Institutions to handle liquidation matters and return relevant funds to the company's clients in accordance with the legal priority order.UK sanction documents indicate that Pang Weizhi holds Cambodian and Chinese nationality, with the Cambodian name Pang Visal, and serves as a director of Tianxu International Technology and the parent company of Elephant Delivery, U-Life KH Super App Company Limited. The UK side claims to have reasonable grounds to suspect his ties with the Prince Group and that he has provided financial services or funds, economic resources, goods, or technology to the group. The UK side alleges that the Prince Group is involved in operating scam centers in Cambodia, which include forced labor and serious human rights violations. Tianxu International Technology and Pang Weizhi have been listed as targets of sanctions in both corporate and personal capacities.

According to on-chain analyst Ai Yi's monitoring, the LSK project's associated address deposited 3.29 million tokens to Binance 5 hours ago, valued at 3.79 million USD; this deposit occurred after the first rapid decline of LSK (from 2 USD to 1 USD), and shortly after the deposit, a second wave of plummet occurred (from 1.22 USD to 0.7 USD), now rebounding to 1.17 USD.

According to TipRanks, Japanese gaming giant Gumi Inc. announced that it will recognize significant non-operating losses in the first quarter of the fiscal year ending April 2027 due to the decline in the fair value of crypto assets. Based on recent market fluctuations, the total valuation loss of crypto assets recognized by the company amounts to 1.537 billion yen (approximately 10 million USD), of which the parent company bears 675 million yen.This loss has been included in the financial report for the three months ending July 31, 2026. Following the announcement, Gumi's stock price fell by 19.1%.

Castle Labs released a research report on September 10, comparing the execution costs of the swaps products launched by Variational with traditional perpetual contracts. The report shows that for most trading volumes, Variational is currently the lowest-cost venue among listed assets, with the cost of a $1 million trade in the US100 market being only $47.The report points out that the trading volume of RWA perpetual contracts has grown from less than $1 billion in October 2025 to over $12 billion in August 2026, currently accounting for about 12% to 13% of on-chain perpetual contract trading volume, with a peak in July reaching 20%. As of the report's release, the total open interest of RWA perpetual contracts was $4.9 billion, with TradeXYZ and Variational accounting for nearly 90%.Variational's swaps utilize RFQ execution and the proprietary liquidity provider Omni, with liquidity coming directly from traditional financial partners, and the fees being a holding cost charged once at the daily close, rather than relying on market supply and demand funding rates. Since the launch of the US100, US500, XAU, XAG, and USOIL markets at the beginning of the month, a total trading volume of $3.8 billion has been accumulated, with a peak open interest of $245 million. Currently, swaps have contributed over 50% of Variational's daily trading volume and more than $220 million in open interest.

MediaTek announced a consolidated revenue of 64.183 billion NTD for August, a month-on-month increase of 32.4% and a year-on-year increase of 44%, setting a new monthly record. The combined performance for July and August reached 112.658 billion NTD, bringing the total consolidated revenue for the first eight months of this year to 413.991 billion NTD, a year-on-year increase of 5.7%. If September's performance exceeds 39.542 billion NTD, it will meet the lower end of the financial forecast for the third quarter.MediaTek expects growth in its smart device platform business this quarter to offset the impact of its mobile business. Based on an exchange rate of 1 USD to 32 NTD, revenue this quarter is expected to be between 152.2 billion and 159.8 billion NTD, remaining flat to growing by 5% compared to the previous quarter, and growing by 7% to 12% compared to the same period last year, with a gross margin estimated at 46% plus or minus 1.5 percentage points. The ramp-up of flagship system-on-chip products can largely offset weakness in other products, with mobile chip revenue expected to remain flat to decline in the single-digit percentage range, while revenue from the smart device platform is expected to grow in the mid to high single-digit percentage range.MediaTek's ASIC design services and other businesses are expected to contribute this year, with estimated dollar revenue expected to reach the high single-digit percentage range, achieving the upper end of the original target range. Data center chips, through close collaboration with major U.S. cloud service providers, have developed the first AI accelerator ASIC, which is expected to enter mass production in the fourth quarter, with data center revenue expected to exceed 2 billion USD this year. MediaTek has raised its market share target for the addressable market in the data center sector from 10% to 15% to 15% to 20% by 2027.

According to The Wall Street Journal, the Pentagon is negotiating a loan of about 5 billion dollars to the AI cloud computing startup FluidStack to strengthen the supply chain of data centers in the United States.

According to The Block, Citadel Securities urged the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in a letter dated September 9 to reaffirm the SEC's regulatory authority over products related to U.S. publicly traded companies and their securities.The letter responds to the CFTC's self-certification process for event contracts. Citadel believes that event contracts associated with publicly traded companies should fall under the SEC's regulatory scope to ensure a clear and consistent regulatory framework for related products.

According to Lookonchain monitoring, a wallet suspected to be related to Cumberland (0x091D...8336) has purchased PONS daily over the past week, withdrawing a total of 8.5 million PONS from Gate, worth 6.55 million USD.

Piper Sandler initiated coverage on Intel with a neutral rating and a target price of $110; gave Qualcomm a neutral rating with a target price of $190; and assigned an overweight rating to NVIDIA with a target price of $300.

According to The Block, the Blockchain Association and the Crypto Council for Innovation filed a preliminary injunction motion on September 9 in the Sangamon County Circuit Court in Illinois, requesting to halt the new cryptocurrency tax in the state before it takes effect. This summer, Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act, which proposes a 0.2% tax on digital asset transactions, set to take effect in January 2027.Previously, the two associations, along with the Digital Chamber, filed a lawsuit against the state in August. In a 34-page motion, the organizations stated that the tax is unprecedented and has caused "irreparable harm" to industry members, and that if the bill takes effect, it will force businesses to comply hastily without clear guidance, facing the risk of criminal penalties. They also pointed out that the law violates the Illinois Constitution by implementing differential taxation on digital assets and contravenes the federal Internet Tax Freedom Act, which prohibits discriminatory taxes on e-commerce. The Illinois Governor's office has not yet responded to requests for comment.

According to The Block, the Ink Foundation, an Ethereum L2 network under Kraken, has jointly established the Charter Foundation with crypto market maker GSR, law firms Carey Olsen, Renno & Co, Cooley, Fenwick, and auditing firms ChainSecurity, Zellic, among others. The aim is to provide a standardized shared legal framework for crypto projects to reduce token issuance costs. A spokesperson for the Ink Foundation stated that the organization is unrelated to Kraken.Currently, crypto projects typically need to independently establish a "three-entity structure" that includes a research and development entity (Labs), a Cayman Islands foundation, and a British Virgin Islands (BVI) subsidiary for issuance. The setup and independent director fees before the Token Generation Event (TGE) often exceed $100,000.The Charter Foundation aims to reduce the initial legal framework costs for token issuance by more than half by establishing a dedicated Cayman Islands exempt company as the launch structure for each project, with governance involving professional offshore compliance experts. Once the token is successfully issued, the Cayman entity will convert into an independent foundation and separate from Charter, ensuring the project's long-term independence.

According to Arkham monitoring, trader @The__Solstice bought $80,300 worth of STONK on the first day of its launch with a market value of approximately $2.73 million. This position is currently valued at $1.63 million, down from its peak of $2.24 million.This address has only sold 21% and still holds the majority of the position.

According to Arkham monitoring, trader David (@heylittlechef) accumulated $2,600 of PONS on the first day of its launch with a market value of $1.607 million, and two months later, PONS increased by approximately 500 times.He has cashed out $77,400 and still holds $1.08 million of PONS.

Tether froze approximately $39.3 million USDT across 10 addresses on the Tron network earlier today, which are related to Xinbi Guarantee. Insiders revealed that Xinbi Guarantee is a guaranteed trading market that emerged around 2022 on Telegram.Blockchain analytics firm TRM Labs has described it as one of the largest illegal cryptocurrency markets in Southeast Asia, stating that the platform has processed a cumulative transaction volume of about $24.2 billion. The on-chain tracking platform MistTrack was the first to disclose the news regarding the frozen USDT. This freeze indicates that Tether is further taking on-chain asset freezing measures to restrict addresses deemed to be associated with high risk or suspected illegal activities.

StoneX analyst Mark Palmer initiated coverage of Robinhood with a buy rating and a target price of $170, implying about a 45% upside from Tuesday's closing price of $117.34. Palmer noted that Robinhood is expanding from retail trading services to acquire exchanges and blockchain infrastructure with software profit margins.Robinhood Chain launched its mainnet on July 1, generating more Gas fee revenue in the past 24 hours than all other Ethereum Layer 2s combined. As of September 3, the chain's daily fee revenue was approximately $4.59 million, with an annualized revenue close to $39 million as of August 29. StoneX predicts that Robinhood Chain could generate $980 million in revenue by fiscal year 2029, with a profit margin of 85%.In the prediction market, Robinhood traded 13.6 billion event contracts in the second quarter, with over 5 billion contracts traded during the World Cup period alone, generating approximately $156 million in revenue, a 50% quarter-over-quarter increase. On Tuesday, Robinhood announced partnerships with Crypto.com and OG.com, investing in both companies and routing some event contracts to OG.com. Previously, Bernstein analysts also maintained a rating of outperform for Robinhood, with a target price of $160.

According to Bloomberg, the top executive of Kioxia Holdings denied the possibility of establishing closer cooperation with competitors and shareholder SK Hynix, stating that they will control the rapid rise in storage chip prices to avoid impacting long-term demand in the artificial intelligence sector.Currently, storage chip manufacturers are expanding production capacity to meet the surge in orders from artificial intelligence service providers, leading to a significant increase in related chip prices. Some investors believe that forming manufacturing partnerships may help reduce the risk of large-scale capital expenditures.

According to CoinDesk, cryptocurrency custody company Copper's CEO Amar Kuchinad has resigned as the company seeks to sell and negotiations have entered their fourth month. Kuchinad joined Copper as CEO in October 2024, following the departure of the company's founder and CEO Dmitry Tokarev. Kuchinad previously worked at Goldman Sachs and served as an advisor at the U.S. Securities and Exchange Commission.Copper has been looking for buyers since May of this year and has hired Cantor Fitzgerald to assist with the sale, initially asking for $500 million. CoinDesk reported last month that the company received offers of about $200 million, while Copper's valuation at its peak exceeded $2 billion.Recently, Copper also added two executives: Elin Cherry as Chief Compliance Officer and Sean Bowen as Chief Operating Officer. As of the time of publication, neither Copper nor Kuchinad has responded to requests for comment.

DeepSeek has started internal testing of version 4.1 Flash intermediate version. The official WeChat group notification states that the new model has a new architecture, natively supports multimodal capabilities, is more powerful, faster, and cheaper. The current billing is the same as V4 Flash, with a maximum of 20 concurrent sessions per account.Users can now directly call it, and there is no need to change the base_url, just replace the original model ID with deepseek-v4.1-flash-expires-on-0910.

According to market news, predict.fun posted on platform X stating that the predicted probability of Variational reaching a fully diluted valuation of 1 billion dollars one day after its launch has increased from 41% to 59%.