According to Jin10, Tencent Hunyuan said Hy4 preview calls have surged since its first launch on WorkBuddy on August 28, 2026, and WorkBuddy has urgently expanded capacity. The company said the model's significantly improved agent capabilities drew positive feedback from users and developers, caused queueing in WorkBuddy's task queue on the first day, and led it to apologize for the inconvenience. Tencent Hunyuan said it has urgently expanded the Hy4 preview inference cluster and will continue to dynamically allocate resources, but queueing may still occur at certain times because of limited high-end computing capacity and concentrated peak concurrency.

Coinglass data shows whale positions on the Hyperliquid platform totaled $7.06 billion, with long positions at $3.386 billion, or 47.95%, and short positions at $3.674 billion, or 52.05%. According to ChainCatcher, long positions showed $295 million in profit and loss, while short positions showed a $322 million loss. A whale address, 0x92ea..e9, is currently holding a 3x cross-margin long BTC position at an entry price of $77,089.9, with an unrealized profit of $1.0762 million.

A newly created wallet bought 5.24 million PONS with 790 ETH six hours ago in a transaction worth $1.9 million. According to Odaily, Lookonchain monitored the address and reported the purchase.

French-listed Capital B said it raised about 21 million euros in a private placement and plans to use the proceeds to buy about 270 more bitcoins. According to ChainCatcher, the company said the purchase would lift its potential total Bitcoin holdings to 3,415 BTC. Evernorth Holdings said its S-4 registration statement for a business combination with Armada Acquisition Corp. II has become effective. According to ChainCatcher, Armada shareholders are scheduled to vote on the deal at a special meeting on September 30, and the combined company is expected to complete the transaction in late third quarter or early fourth quarter this year if approved. Bitdeer said it mined 273.5 BTC in the week ended August 28 and sold the same amount on the secondary market. According to ChainCatcher, the company reported zero net Bitcoin additions and said it continues to follow a zero-retention, sell-as-produced strategy.

BlockBeats reported on August 31 that a newly created address invested ETH worth $1.9 million six hours earlier to buy 5.24 million PONS. According to BlockBeats On-chain Detection, the transaction was monitored by TradingBeats, formerly Hyperinsight.

Walsh anchored the 2% PCE target, with financial conditions not yet restrictive, and market pricing accelerating towards tightening.

According to Jin10, Hong Kong optical communication stocks rose, with Junzhi Group (01300.HK) up more than 18%, Huitong Technology (01729.HK) up more than 7%, Sunny Optical Technology (02382.HK) up more than 6%, and Zhongji Innolight (03308.HK) up more than 4%.

According to Jin10, Omdia's latest research showed global TV shipments rose 3.6% year on year to 48.8 million units in the second quarter of 2026, driven by demand tied to the FIFA World Cup and Amazon Prime Day. Continued consumer inflation and tighter memory supply are increasing cost pressure across the industry, but their impact on TV shipment growth was limited in the quarter.

Bank of Communications (03328) rose more than 2% to an intraday record high of HK$7.695, according to ETNet. The stock traded as high as HK$7.695 and as low as HK$7.41, with 5.6543 million shares changing hands for HK$43.18 million. The active buy-sell ratio was 72:28, with net active buying of HK$18.65 million. Bank of America was the largest net passive buyer at HK$2.9472 million, while Jefferies Financial Group was the largest net passive seller at HK$4.7438 million. The Hang Seng China Enterprises Index was at 8,449, down 41 points, or 0.5%.

Tracker Fund of Hong Kong (02800) recorded two automatic matched trades at 9:59 AM involving a total of 1.778 million shares at HK$25.9 each, 0.8% below the previous close, with a transaction value of HK$46.05 million, according to ETNet. The fund was down 0.8% at HK$25.9. Turnover reached 133 million shares worth HK$3.447 billion, with an active buy-sell ratio of 50:50 and net active selling of HK$3.3558 million.

Ligent Technologies, Inc., a mainland supplier of optical communication and optical interconnection products, has passed its Hong Kong listing hearing, with Citi and CICC as sponsors, according to ETNet. The China Securities Regulatory Commission had earlier approved the company's Hong Kong listing plan and issued a filing notice. Ligent plans to issue no more than 310 million overseas-listed ordinary shares and list in Hong Kong. The company said it is a mature supplier of optical communication and optical interconnection products, focusing on the research, manufacturing and sale of optical modules, optical chips and optical network terminals. It said that in 2025 it held a 4% global market share in optical module revenue, ranking fifth among specialist optical module makers worldwide, and a 10.1% share in China, ranking third globally. It added that it is one of the few companies worldwide with both optical module and optical chip R&D and production capabilities. Ligent reported net profit of RMB 221.6 million in 2023, RMB 89.49 million in 2024 and RMB 873 million in 2025. Revenue was RMB 4.24 billion, RMB 5.09 billion and RMB 8.35 billion, respectively. For the first six months of 2026, net profit rose nearly 30% year on year to RMB 660 million, while revenue increased 28% to RMB 5.39 billion. Proceeds from the listing will be used for R&D of new products and technologies, expansion of optical module and optical chip capacity, business promotion and overseas expansion, strategic investments and acquisitions in domestic and overseas markets, and working capital and general corporate purposes.

A forced dovish stance might not be a good thing and could cause even greater trouble. If Warsh remains slow to act in the face of consistently high-pressure data and converging expectations, it could lead to a greater crisis of confidence and cause a greater shock to the US Treasury market.

a16z announced that it has raised $1.1 billion for its newly established AI Hardware Machine Age Fund.

The U.S. military launched a nighttime attack on a rocket launcher belonging to the Iranian Revolutionary Guard on Larak Island, claiming it was preparing to lay mines. This marks the first time the U.S. has publicly acknowledged military action against Iran since the end of July. Iran vowed retaliation and stated it had launched missiles at U.S. bases.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse at 8 AM," issue 3167, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

Every few years, a new technology brings to the forefront questions that economics alone cannot answer: What if a machine can do your job better, cheaper, and without rest? And who owns the output created by these machines?

According to Krugman, Warsh's remarks were more hawkish than before, completely abandoning the alternative inflation measures he had tentatively proposed earlier, and sending no signal to any market participants expecting interest rate cuts.

Historically, the "rule of 25" suggests that economic collapses rarely occur before technology spending reaches 25% of economic output. Currently, AI investment is far from reaching this threshold, and this boom is likely to last much longer than anticipated.

Bitcoin saw gains of up to 100 times in its early cycles, but returns have narrowed significantly in recent cycles. If this trend continues, Bitcoin will eventually resemble a mature asset, and its returns will gradually normalize.