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According to Gate market data, spot silver has plummeted 5% during the day, currently reported at 63.88 USD/ounce.

According to CNBC, the prediction market platform Kalshi has received approval from the Commodity Futures Trading Commission (CFTC) to launch perpetual contracts for gold and silver, marking the first non-cryptocurrency perpetual contract product approved by the CFTC.Kalshi was first approved to launch cryptocurrency perpetual contracts at the end of May this year, and as of now, the nominal trading volume of related products has reached 44 billion dollars.

Former Silvergate Bank CEO Alan Lane stated in a Substack post that the political and regulatory pressures from the Biden administration led to the bank's voluntary liquidation in 2023. He mentioned that Silvergate could continue operating after meeting withdrawals equivalent to 70% of demand deposits in the fourth quarter of 2022, and the decision to liquidate was made "in the face of political pressure." The Federal Reserve's Office of Inspector General's review in September 2023 concluded that the liquidation stemmed from reliance on crypto depositors, funding risks, and governance and compliance deficiencies. The SEC had previously charged Silvergate, Lane, and former Chief Risk Officer Kathleen Fraher with misleading investors regarding their anti-money laundering program, with Lane settling for a $1 million fine and a five-year executive ban, while the Federal Reserve imposed a $43 million fine on Silvergate. Lane also cited a statement on crypto risks released by multiple agencies at the beginning of 2023 as evidence of industry pressure, which was later withdrawn in April 2025.

Licheng, Jingyuan Electronics, and Silergy all reported year-on-year and month-on-month revenue growth in August, with Licheng and Silergy setting new historical highs for two consecutive months. Licheng's consolidated revenue in August was 8.558 billion New Taiwan Dollars, a month-on-month increase of 3.48% and a year-on-year increase of 24.46%. After breaking the 8 billion mark for the first time in July and setting a historical high, August saw another record. The cumulative revenue for the first eight months reached 61.258 billion New Taiwan Dollars, a year-on-year increase of 30.83%. Jingyuan Electronics reported revenue of 4.08 billion New Taiwan Dollars in August, a month-on-month increase of 2.23% and a year-on-year increase of 31.58%. The cumulative revenue for the first eight months was 29.404 billion New Taiwan Dollars, a year-on-year increase of 35.53%. Silergy's revenue in August was 2.07 billion New Taiwan Dollars, with a month-on-month increase of nearly 3% and a year-on-year increase of nearly 29%. The cumulative revenue for the first eight months reached 15.26 billion New Taiwan Dollars, a year-on-year increase of over 20%.Licheng's main source of growth this year remains the rebound in demand for memory packaging and testing. Licheng previously anticipated that revenue in the third quarter would show single-digit quarter-on-quarter growth, with the fourth quarter having the potential to exceed the third quarter. The momentum for memory orders is expected to continue until the end of the year, with a positive market outlook at the beginning of next year. In addition to its core memory business, advanced packaging has become a key focus for the next phase of development. The panel-level packaging has already been adopted by American clients, and the production capacity of the P11 plant has been secured by clients, with plans to enter the mass production phase of integrated ASIC and HBM AI chips by mid-2027.Jingyuan Electronics has been actively expanding its high-end testing capacity in recent years, with AI-related products becoming an important driving force for its operations. The testing demand for AI GPUs, ASICs, and high-performance computing chips remains its main source of growth. Silergy pointed out that the demand for AI and high-speed interconnects is strong, including an increase in demand for high-performance computing chips such as CPUs, GPUs, ASICs, and AI accelerators. After completing the cleanroom construction at the newly acquired Hukou plant in February, Silergy began mass production in July, currently achieving 40% of the total capacity of the plant and gradually taking on new demand from overseas clients.

Silicon Valley angel investor Liron Shapira posted on X this morning, stating: "I assert (with 50% confidence): due to AI shaking the security and stability guarantees that people once believed Bitcoin had, the price of BTC will plummet more than 50% within the next two years."Ethereum co-founder Vitalik Buterin rebutted this, saying: "I hold the completely opposite view. My fundamental reason is that, in the long run, I am quite optimistic about network security, and I believe the main challenge is how to smoothly transition through the transition period. Moreover, I believe BTC can at least properly handle all issues that do not require social consensus to resolve (for example, upgrading clients, mining pools, etc., to deal with network layer attacks fall into this category). Additionally, I believe the probability of hash algorithms or proof-of-work mechanisms being truly compromised is extremely low. I wanted to make a bet with you, but considering my current asset allocation (I guess you have the same view on Ethereum ETH), I have already staked about 90% of my wealth on this bet."

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that since the significant rise of BTC on August 20, the market has not shown any obvious correction. We are still in the early stages of a bull market filled with distrust and skepticism, and many investors have a deep fear of a crash.The concentrated liquidation area near $76,000 below is larger than the area near $83,000 above. He believes that the market is more likely to reach the lower liquidation zone, and this "magnetic effect" is the main reason he sold all BTC positions at $82,000 the day before yesterday.

Banco do Brasil announced an investment of 5 million USD using its own funds in a digital-native structured note transaction issued by Citi and completed through the Euroclear digital financial market infrastructure platform, becoming the first of its kind in Latin America. Banco do Brasil stated that blockchain technology enables the native digitization of assets, reduces operational steps, and enhances transaction traceability, laying the foundation for new trading, settlement, and asset management models.The bank noted that the investment aligns with its ongoing focus on changes in the financial industry. Francisco Lassalvia, Vice President of Wholesale Banking at Banco do Brasil, stated that decentralized digital technology has become a long-term structural trend in financial markets. Roksolana Dushynska, Equity Structured Products Manager at Citi Global Markets, pointed out that distributed ledger technology can enhance the efficiency, transparency, and accessibility of capital markets. Banco do Brasil previously participated in the Brazilian Central Bank's digital currency Drex pilot and proposed an offline payment solution. The bank is controlled by the Brazilian federal government and is also listed on the Brazilian securities market.

According to CryptoSlate, the Ethereum Layer 2 network Silicon announced that it has stopped accepting new bridging deposits as of September 2 and has initiated the shutdown process. Users must withdraw all assets by December 31, after which the network and block explorer will go offline, and remaining assets will be unrecoverable.There are still approximately $9.75 million in assets on-chain, including USDC ($2.66 million), WBTC ($2.54 million), ETH ($2.08 million), and USDT ($1.85 million). Assets bridged from the Ethereum mainnet can be directly withdrawn during the window period, but tokens issued directly on Silicon cannot be bridged directly and can only rely on the remaining on-chain liquidity for exchange, which may become increasingly difficult as the shutdown progresses. Silicon's Web3 wallet will also be deactivated.

According to Bloomberg, the physical AI company Lyte announced the completion of a $165 million Series C financing round, led by Maverick Silicon, with participation from Fidelity Management & Research, Atreides Management, Key1 Capital, and Ora Global, bringing the post-money valuation to $1.6 billion.Founded in 2021 by former Apple and PrimeSense engineers, Lyte focuses on providing a complete perception technology stack for robots, including custom chips, multimodal sensors, and spatial software. To date, the company has raised a total of $272 million.The funds from this round will be used to expand the production scale of perception chips and its LyteVision platform, as well as to advance AI perception capabilities and the commercialization of robotics.

According to The Block, Hyperliquid's block trading layer Silhouette launched its Request for Quote (RFQ) trading system on the mainnet on Tuesday, initially supporting tokenized stocks from Payward's tokenized stock framework xStocks. Silhouette stated that the system allows traders to initiate quote requests for any supported xStock and receive competitive quotes from connected market makers, with winning trades able to settle on-chain at any time and in any size.The RFQ system enables trading of supported xStocks without a dedicated order book, and tokens that generate sufficient trading activity can subsequently be upgraded to an independent HyperCore market. Silhouette founder Chandler De Kock mentioned that while tokenized stocks continue to go on-chain, they mostly lack trading venues, and market makers compete for each trade, with settlement completed on-chain, proving that assets with real liquidity will be upgraded to their own HyperCore market.xStocks was launched in June 2025 and is said to have processed over $40 billion in total trading volume, covering more than 200,000 holders, with nearly $20 billion settled on-chain. The platform issues publicly listed stock tokens pegged 1:1, and its business has expanded from U.S. stocks to European and Asian markets. RWA.xyz data shows that the existing tokenized stocks amount to approximately $2.53 billion, with xStocks accounting for about $620.1 million, ranking as the third-largest issuer, following Ondo (approximately $856.3 million) and bStocks (approximately $621.5 million).

According to Lookonchain monitoring, a certain whale bought 76,900 SOL from Hyperliquid after being silent for 8 months, worth 8 million dollars.

According to Gate market data, since Federal Reserve Chairman Waller's speech, spot gold and silver have significantly retreated in the short term. Gold rebounded slightly after falling about 100 dollars from its high, reaching a low of 4530 dollars/ounce and currently reported at 4560 dollars/ounce; silver plummeted over 1 dollar during the day, hitting a low of 68.1 dollars/ounce and currently reported at 69.0 dollars/ounce.

According to Gate market data, spot gold has risen by $18 in the short term, exceeding $4,600, while spot silver has increased by more than $1 in the short term, reaching $70.1/ounce.

Recently, the silver market has continued to perform strongly, with trading enthusiasm continuing to heat up. According to market data from the Gate platform, silver (XAG) reached a high of $69.76 in 24 hours and is currently reported at $69.30. CoinGlass data shows that the open interest for Gate XAG contracts has reached $72.8334 million, firmly ranking among the top two in the industry.

According to Lookonchain monitoring, a savvy trader has once again purchased 95,928 SOL (worth $9.74 million) after a two-year silence.In the past three years, they have completed two SOL swing trades, both buying low and selling high, with a total profit of $4.95 million.

According to Lookonchain monitoring, after two months of silence, the mysterious whale 0x6436 has once again accumulated HYPE, withdrawing 79,800 HYPE (6.5 million USD) from the exchange.This wallet has accumulated a total of 1.36 million HYPE (95.6 million USD) withdrawn from the exchange, with an average price of 70 USD.

According to monitoring by Lookonchain, a dormant whale for 4 years recently sold 1,400 BTC, worth approximately 111.61 million USD.This whale received 2,200 BTC at an average price of 45,024 USD 4 years ago, with a total value of about 99.05 million USD, and did not sell during the period when unrealized profits peaked at 178 million USD. Currently, it has begun to sell BTC, with cumulative profits of approximately 76.5 million USD.