The NBA fined the Los Angeles Clippers $30 million and stripped the team of five first-round draft picks after an independent investigation found it circumvented salary-cap rules by facilitating off-court income opportunities for Kawhi Leonard, according to Bloomberg. Owner Steve Ballmer was suspended for a year, and Leonard was fined $700,000 in one of the league’s most severe disciplinary actions.

According to Sina Finance, U.S. Energy Secretary Chris Wright said daily oil shipments through the Strait of Hormuz average more than 9 million barrels, and total oil transport capacity, including alternative pipelines, has recovered to at least two-thirds of pre-conflict levels. He added that Iran is still causing trouble, but the U.S. Navy is winning the contest.

Harmony has proposed two non-binding plans to shut down its mainnet, migrate the native ONE token to Ethereum, and shift into an AI video remix business. According to PANews, the team said threats from state-level attackers and AI agents were the reasons for proposing the network shutdown. The migration plan would take a snapshot at the network's final block of user wallets, staking delegations, validator rewards, smart contracts, and tokens held on centralized exchanges. New ONE would be airdropped on Ethereum to the same wallet addresses without requiring holders to claim it, while delegated staking and unclaimed rewards would be airdropped to the respective governance treasuries. The total ONE supply and issuance rate would remain unchanged, and newly issued tokens would be used for the new business. Harmony said multisig wallets, liquidity pools, and on-chain applications cannot migrate, and urged users to exit all smart contracts by September 10, 2026. The team also plans to publish the token contract, snapshot calculations, and airdrop scripts for audit. Validators can stop running nodes starting at 22:00 (UTC+8) on September 10. The team plans to compensate the difference in issuance rewards between node shutdown and the network's final block, and has set aside a one-time compensation pool of $1.372 million. Payments would be made over four quarters to validators and delegators who stop on time, sign the agreement, keep their stake, and serve as governors for the new project. The new business would allow users to remix prompts and materials, with AI agents expanding video stories. Harmony also plans to recruit operators for video generation, distribution, and content review. In the first year, the company plans to subsidize GPU hardware and support video generation demand, while operators would stake tokens and earn rewards based on service uptime. The team said operators could generate up to $1 million in combined first-year revenue if staking and uptime requirements are met, and promoters could receive a 30% ongoing commission from their referrals' monthly $10 subscriptions.

Michigan Representative Haley Stevens said escalating US tariffs on Canadian goods are raising costs and creating uncertainty for manufacturers in her district, with the auto supply chain especially exposed, according to Bloomberg. She told Bloomberg This Weekend hosts Christina Ruffini and Jeff Mason that she is promoting legislation to provide households with as much as $1,700 to offset tariff-related costs, while criticizing the Trump administration’s trade approach with Canada.

Global investors are turning their attention to China’s equity derivatives market in an effort to diversify their exposure to over-concentration on AI trading in South Korea and Japan.

Public blockchains, Robinhood Chain, SOLANA: The debate on blockchain business models: choosing to be a tenant or a landlord? Golden Finance: Free isn't always a good thing.

Looking back at this team's roster eight years later, you'll find something even more special: it's also the most invested locker room in NBA history.

BTC, Market Trends, Crypto Market, Bitcoin's Golden Bloodline Awakens: This Could Be the Beginning of the Biggest Bull Market in BTC History. Golden Finance: What we are seeing now is very likely just the beginning of a major bull market.

Capital is offering additional capital market premiums to some DAT tokens. These premiums consist of beta from rising token prices, amplified financing leverage, added staking rewards, and the imagination of an ecosystem narrative.

Crypto Market, Market Trends, Investment, Conversation with Ryan Watkins: Why This Digital Asset Bull Market Will Be the Largest in History (Golden Finance, Deconstructing the Trillion-Dollar Ambitions of Exchanges).

Michael Hartnett, chief investment strategist at Bank of America Securities, warned that soaring global bond yields to 20-year highs are becoming the biggest threat to the AI ​​capital spending boom, and the upcoming US midterm elections could be the trigger for a market meltdown.

Claude's proofs on the Riemann Hypothesis have been thoroughly verified by human mathematicians.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3173, providing you with the latest and fastest news on the digital currency and blockchain industry.

Some see this as pure capitalist destruction, while others view it as a new token distribution model.