News Center

Read in-depth analysis of crypto news

Wednesday, 09/02/2026

Whale Bullish on 45,000 ETH Loses $4.1M, Position Exceeds $107M

Odaily News: According to on-chain analyst Ai Yi's monitoring, ETH has fallen below $2,400, and a whale bullish on 45,000 ETH is currently facing a loss of $4.1 million. When ETH fell below $2,500 on Aug. 31, the whale added 28,300 ETH, bringing the total position value to over $107 million, making it the second-largest ETH position on Hyperliquid. The entry price for this position is $2,486.37, with a liquidation price of $2,252.68, leaving a margin of $233.69 before liquidation.

Funds Drop to $4.5M; Machi's Rolling Long Grows $150K to $11M

Odaily News: According to on-chain analyst Ember's monitoring, Machi has stopped out and closed some long positions due to their proximity to liquidation prices; his ETH long position is $50 away from the liquidation price, and his BTC long position is $1,800 away. Previously, Machi had grown $150,000 to $11 million through rolling long positions, but recent funds have fallen to $4.5 million.

The core ARR of China's open-source large models is approximately 6-8 billion USD

Robonomics author FD published the China Open-Source LLM Tracker on September 1, 2026, stating that the total ARR of China's open-source large models is approximately $10-15 billion. After excluding ByteDance / Seedance, the core LLM revenue is about $6-8 billion. Growth has not relied on price wars; after DeepSeek raised prices by about 3-12 times, usage still increased, and the average price of the Zhipu API rose by 101% while token usage exceeded 40 times within the year. The best estimate for overseas revenue is approximately $2 billion.Zhipu MaaS ARR rose from about $250 million in March to an annualized monthly rate of about $1.6 billion in August and an annualized weekly rate of $2 billion. August revenue has already surpassed its API revenue for the first half of the year; the API gross margin is 24.6%, and the inference cost per token decreased by 80%. MiniMax ARR increased from about $100 million in December 2025 to over $800 million in annualized weekly revenue by August 2026, with B2B accounting for about 80%. Kimi ARR rose from about $100 million in March to about $300 million by mid-June. DeepSeek's revenue from January to July was approximately $70 million, with the latest ARR estimated at about $1.2 billion.ByteDance's annualized AI revenue is approximately $4 billion, of which Seedance accounts for about $2 billion.

AI security startup AIR completes $50 million financing, led by Sequoia and Greenoaks

AI security startup AIR has completed a $50 million financing round, led by Sequoia Capital with an initial $10 million in the first round, followed by Greenoaks leading a second round of $40 million, with participation from Swish, Netz, and several angel investors.The company was founded by Yair Saban and Niv Hoffman, senior members of Israel's Unit 8200, and offers an AI agent security platform that can discover AI agents operating within enterprises, continuously review the skills and tools they use, and prevent them from interacting with non-compliant software or external sources, while providing a vetted AI agent plugin and skills marketplace.

US SOL Spot ETFs See Net Inflow of $10.19M in a Single Day

Odaily News: According to SoSoValue data, yesterday (Sept. 1, Eastern Time) SOL spot ETFs saw a total net inflow of $10.1901 million in a single day.

The SOL spot ETF with the largest net inflow yesterday was Bitwise Solana Staking ETF (BSOL), with a single-day net inflow of $6.1668 million, bringing its historical total net inflow to $1.028 billion.

The next was Fidelity Solana Fund ETF (FSOL), with a single-day net inflow of $2.6658 million, bringing its historical total net inflow to $215 million.

As of press time, the total net asset value of SOL spot ETFs is $1.39 billion, with a SOL net asset ratio of 2.37%, and the historical cumulative net inflow has reached $1.351 billion.

Bitdeer invests 100 million dollars to acquire 200 acres of land in Texas

According to TheEnergyMag, Nasdaq-listed Bitdeer Technologies Group (stock code: BTDR) announced that it has acquired approximately 200 acres of undeveloped land in Milam County, Texas, for about $100 million in an all-cash transaction. This parcel is adjacent to its existing Rockdale operational area and will support the development of artificial intelligence and high-performance computing infrastructure. This transaction is a complete ownership acquisition, eliminating the risk of lease renewals and providing site control assurance for the company's financing and development of high-density data centers.After the transaction is completed, Bitdeer's total land area in central Milam County will expand to approximately 255 acres. This parcel is located in an area with a well-developed power interconnection network, currently having about 563 megawatts of grid-connected power capacity, which will increase to 742 megawatts after the expansion plan is completed. The company stated that the new parcel will be used to build dedicated AI/HPC data centers, while not affecting the operation of its existing Bitcoin mining business. After this expansion, Bitdeer's global power capacity pipeline in North America, Europe, Asia, and Africa will total approximately 3.0 gigawatts.

United Imaging has completed a new round of financing worth hundreds of millions

According to reports from the investment community, the embodied robot vision company Joint Imaging has completed a new round of financing worth hundreds of millions, with participation from industrial capital, state-owned enterprises, and market-oriented institutions. Investors include Dunhong Asset, Hangzhou Embodied Intelligence Industry Fund, Fuyang Industrial Investment, and Zhi Ping Fang.Joint Imaging is a visual supplier for humanoid robot manufacturers and AI hardware companies such as Yushu, Zhi Ping Fang, Self-Variable, and Rokid, and has achieved revenue at the level of 2 billion. With this round of financing, Joint Imaging will further upgrade its strategic positioning of "the visual infrastructure of the physical AI world," integrating optical design, visual modules, depth cameras, edge AI, data collection, AI Base engineering toolchain, and large-scale manufacturing capabilities to serve customers throughout the complete cycle from Idea to mass production.At the same time, Joint Imaging is advancing a billion-level intelligent vision industry project in Hangzhou.

AI training data company AfterQuery has completed a new round of financing, with a valuation of 3.2 billion dollars

According to market news, AI training data startup AfterQuery has completed a new round of financing, with a valuation reaching $3.2 billion. Just five months after completing a $30 million Series A round at a valuation of $300 million in April, the valuation has increased more than tenfold.According to Y Combinator partner Gustaf Alströmer, this is the fastest startup in YC history to go from founding to becoming a unicorn. The founders of AfterQuery are only 22 and 23 years old and just participated in the YC Winter 2025 batch 18 months ago. The company announced in April that its annualized revenue has reached $100 million, with clients including NVIDIA, Legora, and the South Korean AI lab Motif Technologies. AfterQuery focuses on training models and agents to complete tasks like professionals rather than just ensuring the accuracy of answers.

Trump: I Am Not Trying to Force Iran Back to the Negotiating Table

Odaily News: U.S. President Trump said that he is not trying to force Iran back to the negotiating table, contrary to what ABC fake news reported. He stated that he doesn't care whether they sign a deal that is worthless to them. He prefers the current situation: the U.S. has almost complete control over the Strait of Hormuz, and Iran's economy has completely collapsed. They are just going through the inevitable end.

Catcher Predict: "US Open ATP: Juan Manuel Cerundolo vs. Arthur Rinderknech" "US Open ATP: Juan Manuel Cerundolo vs. Arthur Rinderknech Spread +/-1.5" Winning probability skyrocketed to 23.5%

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "US Open ATP: Juan Manuel Cerundolo vs. Arthur Rinderknech," the sub-market "US Open ATP: Juan Manuel Cerundolo vs. Arthur Rinderknech Spread +/-1.5" for the option "Rinderknech" has experienced significant fluctuations in winning probability, soaring from 26.5% an hour ago to the current 50% (a fluctuation of 23.5%). Please note the impact of related breaking news.

Catcher Predict: "San Diego Padres vs. Cincinnati Reds" "O/U 7.5" Win rate plummets 16%

According to monitoring by Catcher Predict, in the event "San Diego Padres vs. Cincinnati Reds" on the prediction market Polymarket, the "Over" option in the sub-market "O/U 7.5" experienced a sharp fluctuation in winning probability, dropping from 67% an hour ago to the current 51% (a fluctuation of 16%). Please note the impact of related breaking news.

DAC Raises $1M in Funding, Unicorn Crypto Ventures Participates

Odaily News: DAC is focused on building EVM-compatible blockchain infrastructure that is resistant to quantum computing attacks. The project is built on a fork of Quadrans, utilizing a three-layer node architecture and PoQW consensus, driven by a dual-asset model (DACT/DACC) to power the ecosystem and transaction execution, providing scalable quantum-resistant blockchain infrastructure for developers and enterprises.

DAC secures $1 million funding from Unicorn Crypto Ventures

According to official news, the anti-quantum EVM Layer 1 blockchain DAC has announced a $1 million investment from Unicorn Crypto Ventures.DAC focuses on building EVM-compatible blockchain infrastructure that can withstand quantum computing attacks. It is built on a Quadrans fork, utilizing a three-layer node architecture and PoQW consensus, driving the ecosystem and transaction execution through a dual-asset model (DACT/DACC), providing scalable and quantum-resistant blockchain infrastructure for developers and enterprises.

ETF Store President: SEC Not Waiting for Clarity Act, Actively Advancing Crypto Regulatory Rulemaking

Odaily News: ETF Store President Nate Geraci stated that the U.S. SEC has again indicated it will not wait for the passage of the Clarity Act before advancing rulemaking for the crypto industry, effectively pushing Congress to act more quickly.

Geraci cited related views, noting that as technology changes and the competitive market environment evolves, good governance requires re-examining existing rules and regulatory frameworks.

Strategy Opposes MSCI's Proposed Index Screening, May Be Removed from Global Investable Market Index

Odaily News: Bitcoin treasury company Strategy Inc. requested on Aug. 31 that MSCI withdraw the eligibility test that could lead to its removal from the Global Investable Market Index (GIMI). Executive Chairman Michael Saylor and CEO Phong Le stated that the methodology is discriminatory, arbitrary, and misguided.

MSCI proposes a two-stage screening: companies with operating assets exceeding 50% of total assets may retain eligibility; those that fail may be disqualified if they trigger at least four of five financial metrics. Simulations show that Strategy, Metaplanet, and Yellow Cake could be removed from the index, with Strategy involving a market capitalization of approximately $23.93 billion.

Strategy stated that neither U.S. GAAP nor IFRS distinguishes between operating and non-operating assets in the manner proposed by MSCI, and it lists its bitcoin treasury business as a separate operating segment. The company also has approximately 1,500 employees, a software business with annual revenue of nearly $500 million, and issues bitcoin-backed credit instruments. The MSCI consultation ends on Sept. 30, with a decision expected on Oct. 16. (Bitcoin.com News)