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19 minutes ago

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ChangXin Technology Fully Exercises IPO Overallotment Option on STAR Market

ChangXin Technology said the overallotment option tied to its initial public offering and STAR Market listing has been fully exercised, resulting in an additional issuance of 1.003 billion shares. The move increased the company’s total share capital to 67.884 billion shares. During the overallotment exercise period, the stock traded above its issue price of RMB 8.66 per share. As a result, CICC, acting as the authorized joint lead underwriter, did not use the proceeds from the overallotment to buy shares in the secondary market through competitive trading.
22 minutes ago

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AI Search Startup Keenable Raises $26 Million Seed Round Led by Accel

Keenable, a search infrastructure startup focused on AI agents, has closed a $26 million seed round led by Accel, with participation from Conviction Partners and several angel investors. The company was co-founded by former Yandex search, AI, and cloud executive Andrey Styskin and AI scientist Matthias Petri. The startup is building a web search index for AI agents and says it has already indexed more than 100 billion documents. Its Web Search API and AI-focused Web Query Language are now live and will remain free through the end of September.
40 minutes ago

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CME Group to Launch Wind Energy Futures and Options in Q4

CME Group is set to launch wind energy futures and options in the fourth quarter, according to market news reported on August 26. The planned rollout expands the exchange operator’s energy derivatives offering. No additional contract specifications or launch dates were disclosed in the report.
45 minutes ago

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Hyperliquid Testnet Launches HyperCore Manual Borrowing

Hyperliquid has launched HyperCore manual borrowing on its testnet, founder Jeff Yan said on Discord. Borrowing features on mainnet remain limited to portfolio margin mode. HyperEVM smart contracts can now access HyperCore lending and borrowing through CoreWriter and read-only precompiled contracts. The update extends lending and borrowing capabilities in the Hyperliquid ecosystem to the smart contract layer.
48 minutes ago

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Jackson Hole Meeting to Focus on Inflation Risks and Higher-for-Longer Rates

Global central bank officials are set to gather this week in Jackson Hole, Wyoming, with inflation and the prospect of further increases in borrowing costs expected to dominate discussions. Officials and economists cited persistent supply-shock risks and uneven exposure to energy prices as key factors shaping policy responses. Economists said central banks are likely to maintain a cautious stance as new inflation threats emerge. Comments highlighted that Europe and Japan remain more sensitive to developments in the Middle East and oil prices, while the United States and the United Kingdom still have restrictive policy rates that may give their central banks more time to assess evolving shocks. Former Philadelphia Fed President Patrick Harker said multiple supply shocks are now hitting the global economy at the same time, making this year's Jackson Hole meeting materially different.
1 hour ago

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Comment Highlights ‘Chip Scare’ as Driver of U.S. Global South Outreach

A social media post argues that U.S. engagement with the global south is now being driven by semiconductor competition with China rather than Cold War-era anti-communism. The post frames the shift as moving from a 'Red Scare' to a 'Chip Scare' in Washington’s international strategy. No additional details, data, or official statements were provided in the source text beyond the comment and linked reference.
1 hour ago

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BlackRock Says $60 Billion Bitcoin ETF Will Keep Growing as BTC Tops $80,000

BlackRock said its $60 billion bitcoin fund is set to keep expanding as bitcoin climbed above $80,000 for the first time since May. Robbie Mitchnick, head of digital assets at BlackRock, said growth will continue as the firm broadens access, while the asset manager has reportedly reduced the minimum bitcoin needed for a direct swap into its IBIT fund to $1 million from $25 million. The change allows investors to exchange bitcoin for ETF shares without first selling their holdings. BlackRock’s IBIT now holds more than 765,000 bitcoin on behalf of investors and remains the fastest ETF to reach key asset milestones. The update came as the 13 U.S. bitcoin ETFs posted their strongest weekly inflows in 10 months, helping support bitcoin’s roughly 23% rally this week. BlackRock also pointed to rising concerns around self-custody risks, including hardware wallet attacks and physical threats, as a factor driving some investors toward ETF-based exposure.
2 hours ago

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Einride Founders Launch Navisalma to Back Deep-Tech Startups

Einride’s founding team has launched venture capital firm Navisalma, with plans to invest 5 billion Swedish kronor, or about $530 million, in deep-tech startups over the next three years. The firm will focus on areas including energy systems and robotics, and aims to help create at least 10 unicorns over the next decade. Navisalma was founded by Einride CEO Robert Falck, Linnéa Kornehed Falck and former McKinsey partner Robert Westerdahl. Its first fundraising round targets more than 400 million Swedish kronor, with some commitments coming from well-known Swedish entrepreneurs. The firm has already invested in Abundry, a startup that uses artificial intelligence to optimize energy systems.
2 hours ago

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Jim Cramer Says He Senses a 'Monumental Day'

Television host Jim Cramer said he senses a "monumental day," according to a brief social media post. No further details were provided in the source material about the reason for the comment or any related market development. The statement circulated without additional context, leaving the scope and significance of the remark unclear based on the original post alone.
2 hours ago

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MINIMAX H1 Revenue Jumps 283.1% to $117 Million

MINIMAX-W reported first-half 2026 revenue of $117 million, up 283.1% from a year earlier, according to a filing on the Hong Kong Stock Exchange. Gross profit rose 464.8% year on year to $20.813 million. The company posted a first-half loss of $358 million, narrowing 11% from the same period last year.
2 hours ago

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Zhipu Confirms Ox Alpha as New GLM Model, Plans Weight Release Tonight

Zhipu confirmed that Ox Alpha, recently launched anonymously, is the next-generation model in its GLM series and said it plans to release the model weights tonight. The announcement was reported on August 26, citing Bloomberg. Ox Alpha has risen to the top of OpenRouter’s usage rankings, with call volume reported at more than twice that of DeepSeek. The model is built for programming and agent tasks, supports text, image and video inputs, and is free to use for one week. Pricing after the trial period has not yet been announced.
2 hours ago

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Tencent Spends HK$300.4 Million to Buy Back 672,000 Shares

Tencent Holdings repurchased 672,000 shares on August 26 for a total of HK$300.4 million, according to a filing with the Hong Kong Stock Exchange. The buyback marks another day of sizable repurchases by the company, with the latest transaction exceeding HK$300 million in value.
2 hours ago

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SpaceX Plans $100 Billion Louisiana Starship Launch Site

SpaceX plans to invest $100 billion in a massive new launch site in southern Louisiana, a project designed to support thousands of Starship flights per year. The proposed facility would span about 125,000 acres, with construction expected to begin next year and a first launch targeted for 2029. Louisiana Economic Development said the fully built site would include five launch complexes, propellant production facilities, a power plant, spacecraft processing facilities and employee housing. Elon Musk said the “Louisiana Starport” could ultimately feature more than a dozen launch pads and support up to 30 Starship launches per day. The project is expected to create more than 3,000 jobs.
3 hours ago

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X Demands Shutdown of Open-Source Frontend Nitter

X Corp. has sent cease-and-desist letters to Nitter, an open-source third-party frontend for viewing public X posts without logging in, demanding a permanent shutdown of related instances and removal of the project’s code repositories. X alleges Nitter illegally bypassed API restrictions, scraped platform data, and improperly accessed accounts and session tokens. Nitter.net has stopped operating, and project development has been temporarily suspended while the creator seeks legal advice. X had already moved to limit Nitter’s operation in 2024 by tightening its API policies.
3 hours ago

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Trader 0x13da Opens Another 3x Long on 143,890 SOL

Trader 0x13da has opened another 3x long on 143,890 SOL, worth about $14 million. The wallet had previously completed three SOL longs, winning all three and generating a total profit of $1.23 million.
3 hours ago

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$6.4 Billion Bitcoin Options Expiry on Friday May Add Market Volatility

Deribit will see 81,700 Bitcoin options contracts expire on Friday at 16:00 Beijing time, with a notional value of about $6.4 billion. The batch includes 44,639 call options and 37,061 put options, giving a put/call ratio of 0.83 and indicating a bullish market bias. The maximum pain level is $68,000. Call open interest is concentrated at the $75,000 strike, with a notional value of $236 million, and at $80,000, with $157 million. Bitcoin has risen from about $62,000 to $80,000 over the past week, pushing many call options into the money. Deribit chief risk officer Shaun Fernando said nearly 20% of Deribit Bitcoin positions are set to expire, and sharp market swings could trigger more aggressive hedging and push prices around key strikes or accelerate a breakout.
3 hours ago

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Bitcoin On-Chain Inflows Turn Positive as Demand Stays Weak

Bitcoin’s on-chain capital inflows turned positive in the second half of August, while demand remained weak, according to CryptoQuant analyst Axel Adler Jr. Adler said the relative change in realized cap rose to +0.21% for the first time since late May, coinciding with Bitcoin’s rebound from its August low to $79,100. He also noted that 30-day apparent demand exceeded new issuance for six straight days. Despite the improvement, both indicators remain historically subdued. Current capital inflows rank in the lowest 3% to 4% of positive readings, while apparent demand sits in the lowest 10% of observations above 1. Adler said the directional shift matters more than strength for now, but sustained expansion is still needed to confirm a stronger regime.
3 hours ago

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Trader 0xD81a Returns to Buy $5.33M in ETH After Six Months Inactive

Trader 0xD81a has returned after six months of inactivity, buying 2,165 ETH for $5.33 million at $2,463 each. The trader previously lost $12 million on ETH trades, including selling ETH at a loss at an average price of $2,452. The latest purchase marks a return to ETH buying at a higher price than the trader's prior exit level.
4 hours ago

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Moonshot AI Seeks Up to 30% Revenue Share in Kimi K3 Talks With Microsoft, Amazon, Google

Moonshot AI is in revenue-sharing negotiations with Microsoft, Amazon, and Google over its Kimi K3 AI model. Sources said Moonshot AI is seeking up to 30% of revenue generated from K3-related services in the initial talks.
4 hours ago

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DeepSeek Revenue Surges to RMB 475 Million in First 7 Months, Eyes New Funding Round

DeepSeek generated about RMB 475 million in revenue in the first seven months of this year, nearly 10 times its full-year revenue last year, according to people familiar with the matter. The company also recorded a net loss of about RMB 715 million over the same period. DeepSeek is reportedly in talks with existing and potential new investors for a second round of financing, seeking to raise RMB 5 billion at a target valuation of RMB 50 billion. Its overall gross margin in the first seven months was 44.6%, while the API business gross margin reached 82.9%.

ChangXin Technology Fully Exercises IPO Overallotment Option on STAR Market

AI Search Startup Keenable Raises $26 Million Seed Round Led by Accel

CME Group to Launch Wind Energy Futures and Options in Q4

Hyperliquid Testnet Launches HyperCore Manual Borrowing

Jackson Hole Meeting to Focus on Inflation Risks and Higher-for-Longer Rates

Comment Highlights ‘Chip Scare’ as Driver of U.S. Global South Outreach

BlackRock Says $60 Billion Bitcoin ETF Will Keep Growing as BTC Tops $80,000

Einride Founders Launch Navisalma to Back Deep-Tech Startups

Jim Cramer Says He Senses a 'Monumental Day'

MINIMAX H1 Revenue Jumps 283.1% to $117 Million

Zhipu Confirms Ox Alpha as New GLM Model, Plans Weight Release Tonight

Tencent Spends HK$300.4 Million to Buy Back 672,000 Shares

SpaceX Plans $100 Billion Louisiana Starship Launch Site

X Demands Shutdown of Open-Source Frontend Nitter

Trader 0x13da Opens Another 3x Long on 143,890 SOL

$6.4 Billion Bitcoin Options Expiry on Friday May Add Market Volatility

Bitcoin On-Chain Inflows Turn Positive as Demand Stays Weak

Trader 0xD81a Returns to Buy $5.33M in ETH After Six Months Inactive

Moonshot AI Seeks Up to 30% Revenue Share in Kimi K3 Talks With Microsoft, Amazon, Google

DeepSeek Revenue Surges to RMB 475 Million in First 7 Months, Eyes New Funding Round