Bathla Group’s $2.3 billion shortfall has stalled 72 apartments and left contractors unpaid, according to Bloomberg. Bloomberg’s Paul Allen reports the collapse has drawn attention to risks in Australia’s $144 billion private credit market.

According to Jin10, southbound funds recorded a net sell-off of HK$10.021 billion today, with Semiconductor Manufacturing International Corporation and Tencent Holdings seeing net sales of HK$795 million and HK$621 million, respectively, via Southbound Stock Connect (Shanghai), while Kingboard Laminates topped net buying at HK$502 million; via Southbound Stock Connect (Shenzhen), Tencent Holdings and Xiaomi Group-W saw net sales of HK$1.481 billion and HK$746 million, respectively, while MINIMAX-W led net buying at HK$666 million.

Sam Altman says 38,000 ChatGPT queries use about as much water as producing one California almond, but researchers say the figure is difficult to verify and conflicts with his earlier estimate.

India reported 7.8% economic growth in the April-June quarter, but the figure is being questioned. According to Sina Finance, a former government official said the GDP data may have been inflated, while the government defended the reliability of the numbers and said the revisions were due to a new statistical framework. Subhash Chandra Garg, who served as India's finance secretary from 2017 to 2019, said revised data lowered nominal GDP for the first quarter of fiscal 2025-2026 by 6 trillion rupees to 80 trillion rupees. He argued that after the base was lowered, the quarter's GDP of 88.27 trillion rupees looked stronger on a year-on-year basis. India's Chief Economic Adviser V. Anantha Nageswaran rejected that interpretation in an interview with local media on Thursday. He said the latest GDP statistics use fiscal 2022-2023 as the new base year, and that the methodology change led to revisions in last year's quarterly data. Nageswaran said some quarterly figures were revised higher and others lower, and that the full data series should be viewed for consistency. India's Ministry of Finance did not respond to a request for comment and only forwarded reports of Nageswaran's interview with local media. The Congress party also backed Garg on the same day, saying India's GDP had been revised down by 430 trillion rupees over the past four years. India's Commerce Minister Piyush Goyal said the 7.8% growth rate was credible. The IMF raised concerns about the accuracy of India's economic data in a report last year and gave it a C grade, the second-lowest rating in its system. India introduced a new statistical framework in February to address issues including an outdated base year, the use of a wholesale price index, and a single deflator method for inflation calculations.

Mainland artificial intelligence company Yunxi Technology has filed a confidential listing application with the Hong Kong Stock Exchange (00388) and is targeting a debut by the end of this year, according to ETNet. The company, founded in 2016, provides enterprise AI application solutions and has been recognised as a national-level specialised and sophisticated "little giant" enterprise. Its core product is xGOS.AI, an enterprise operations super-intelligent agent. Yunxi Technology previously raised several hundred million dollars through private funds, implying a valuation of about RMB 10 billion. Its shareholders include Sequoia China, Tencent Investment, Yunfeng Capital, Kylin Capital, CICC Jiatai Fund, Yuanhe Yuanzhong, Xianghe Capital and Ginkgo Valley Capital.

Shenwan Hongyuan Futures and Hongyuan Futures said on Thursday that China’s securities regulator has approved Shenwan Hongyuan Futures to absorb Hongyuan Futures, according to ETNet. After the merger is completed, Hongyuan Futures’ branches will become branches of Shenwan Hongyuan Futures, and Hongyuan Futures will be dissolved in accordance with the law. The companies said the surviving entity will inherit all assets, liabilities, businesses, staff, contracts, qualifications and other rights and obligations of Hongyuan Futures from the closing date. Hongyuan Futures’ clients and business will be transferred into the surviving company, while trading and fund transfers will continue as normal during the merger period.

China's commander for operations involving Taiwan met Admiral Samuel Paparo, the top US military commander in the Indo-Pacific, for the first time, according to Bloomberg. The meeting came as tensions have been building over the self-ruled democracy.

According to the announcement from Binance, the platform will launch a limited-time welcome campaign exclusively for organic new users from 2026-09-04 09:30 (UTC) to 2026-09-21 23:59 (UTC). The promotion is open to new users who register for a Binance account and complete identity verification during the Promotion Period. Users who register through affiliate or referral links or channels are not eligible. The campaign offers USDT voucher rewards of up to 100 USDT for completing deposit and trading tasks, with rewards distributed on a first-come, first-served basis until the reward pool is depleted. Each user can claim the reward once for each completed task. The listed tasks include a Fiat/P2P/Crypto deposit of at least 10 USDT equivalent for a 1 USDT token voucher, cumulative trading volume of at least 200 USDT equivalent via eligible Spot, Convert, or Futures pairs for a 2 USDT token voucher, and cumulative trading volume of at least 5,000 USDT equivalent via eligible Spot, Convert, or Futures pairs for a 7 USDT token voucher. Users who complete all tasks can receive a randomized grand prize of up to 90 USDT. Binance said rewards will be distributed as token vouchers within 48 hours after successful task completion. Eligible users must claim their vouchers through the Rewards Hub before the expiration date, and all token voucher rewards will expire within 14 days of distribution. The announcement also states that 0 fee trading pairs are excluded from trading volume calculations. For Spot, excluded pairs include ADA/U, AEUR/USDT, ASTER/U, BNB/JPY, BNB/U, BNB/USD1, BTC/JPY, BTC/U, BTC/USD1, DOGE/U, DOGE/USD1, ETH/U, ETH/USD1, EUR/EURI, EURI/USDT, EUR/USDC, EUR/USDT, FDUSD/USDC, FDUSD/USDT, KGST/USDT, PEPE/U, RLUSD/U, RLUSD/USDT, SOL/U, SOL/USD1, SUI/U, SUI/USD1, TUSD/USDT, USD1/U, and USD1/USDC. For Convert tasks, excluded pairs include FDUSD/USDT, USDC/USDT, TUSD/USDT, U/USDT, BUSD/USDT, USDP/USDT, DAI/USDT, GUSD/USDT, EURS/USDT, USDN/USDT, RSV/USDT, U/USDC, USDC/BUSD, BUSD/USDP, USDC/TUSD, DAI/USDC, FDUSDT/USD, DAIT/USD, FDUSD/USDC, DAIFD/USD, AEUR/EUR, BUSDFD/USD, and EUR/EURI.

Binance announced on X that it will launch a smart portfolio rebalancing feature for bStocks, allowing users to set a target allocation and have the bot automatically rebalance holdings. According to the announcement, the tool is designed to sell assets that have risen above the target share and buy assets that have fallen below it, helping users manage multiple tokenized stocks in one place. The service is intended for several tokenized equities, including Tesla, Nvidia, and the S&P 500, and it starts from $5. Binance said maker fees will be zero until October 1. The announcement did not provide additional details beyond the rebalancing setup, supported assets, and fee promotion.

The global cryptocurrency market cap now stands at $2.62T, up by 1.18% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $77,478 and $82,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $81,024, up by 4.22%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include DASH, ZEC, and ZEN, up by 24%, 21%, and 16%, respectively. Market movers: NVDAB: $230.42 (+2.40%) AAPLB: $326.83 (+0.50%) MSFTB: $508.04 (+1.61%) AMZNB: $260.32 (+1.45%) TSMB: $420.01 (+1.27%) GOOGLB: $343.23 (+1.06%) SPCXB: $150.44 (+6.83%) METAB: $613.2 (+2.41%) AVGOB: $360.33 (+1.05%) TSLAB: $367.52 (+1.86%) Top gainers on Binance: DASH/USDT (+24%) ZEC/USDT (+21%) ZEN/USDT (+16%)

Justin Sun’s reputation in China appears to be taking a serious hit after a week of increasingly controversial public posts turned a personal dispute into a broader reputational crisis.

Is the BTC cycle lengthening? Jinse Finance: Is the BTC cycle clock slowing down?

Ben Delo gave Reform UK £4 million ($5.4 million) in April, accounting for about three-quarters of the party’s £5.55 million ($7.5 million) donations in Q2 2026. The BitMEX co-founder has now donated £8 million ($10.8 million) to Reform this year, as another major crypto-linked donor, Christopher Harborne, made no contribution during the quarter.

What exactly is Lighter? What makes it so special? How powerful is it now? What has Robinhood brought to Lighter?

Computing power, artificial intelligence, and the new GPT-6 platform have caused large models to crash? Golden Finance: Increasingly powerful models do not equate to perpetually online service.

Meme, Want to Buy Dogecoin? Buy Nvidia First: Is Meme, a Crypto-Stock, the Engine of a Bull Market? Jinse Finance: To buy Dogecoin, you have to buy Nvidia stock first.

Robinhood Chain has recently become a new hot topic in the on-chain market.

A crypto scam operation allegedly run like a full-scale business in Kyiv has been dismantled by Ukrainian authorities after targeting victims across more than 20 countries with fake investment platforms and a wallet-draining scheme.

Utah’s SB 73 is now enforceable, requiring adult websites to verify the age of users physically in the state even when they use VPNs to hide their location. The law also bans websites from helping users bypass age checks and allows fines of up to $2,500 per violation, while VPN providers say they will not change their services.