KuCoin launched KCUSD, offering up to 4% APR on USDT, USDC and USDG, with promotional rates of up to 6% for eligible new funds. Returns are credited daily, with plans to add collateral and trading functions.

South African billionaire Patrice Motsepe’s near decade-long backing of phosphate producer Kropz Plc has backfired, with the company announcing a restructuring of its sole operating asset, according to Bloomberg. One of Kropz’s contractors warned that hundreds of jobs could be lost.

According to The Korea Herald, Samsung will begin its second-half recruitment Tuesday, with 19 affiliates hiring entry-level employees through the conglomerate’s group-wide recruitment program. Applications will be accepted through Sept. 15 on Samsung Careers, the group’s recruitment website, Samsung said Monday. Participating companies include Samsung Electronics, Samsung C&T, Samsung Biologics, Samsung Bioepis, Samsung Display, Samsung SDI, Samsung SDS, Samsung Heavy Industries, Hotel Shilla and Cheil Worldwide.

ASML has secured commitments from top chipmakers to use its latest semiconductor production equipment and has launched a broader agreement to meet surging demand for more powerful AI technology. According to Sina Finance, Samsung Electronics and TSMC plan to join Intel in adopting the Dutch company’s high-numerical-aperture extreme ultraviolet lithography tools for mass production, no later than 2028 for Samsung and starting in 2030 for TSMC. The equipment can cost as much as $400 million per unit. The four companies also agreed on an important shift in mask technology specifications, moving the current 6-inch standard to 12 inches to improve production efficiency and reduce costs.

Long-ignored U.S. debt problems are starting to have real effects. According to Sina Finance, market analysts said a clear break above 5% in the 10-year U.S. Treasury yield could deal a major blow to the current artificial intelligence investment boom. The article said the U.S. has kept its fiscal deficit at about 6% of GDP in recent years, roughly twice the average of previous decades. Interest payments on public debt have more than doubled over the past five years, rising to more than 3% of GDP and a record high in U.S. history, while public debt has climbed to 100% of GDP, about three times the level in the late 1990s. The 10-year U.S. Treasury yield was around 4.8%. Analysts said a decisive move above 5%, the upper end of the range since the dot-com bubble era, could mark the start of a new era of monetary tightening. In that environment, financing large artificial intelligence projects would become more difficult, and some companies could be priced out of the debt market when major technology firms have to compete with the U.S. government for capital at yields above 5%. The article said annual revenue from AI applications this year is about $200 billion, while corporate spending on data centers and other infrastructure exceeds $1 trillion. AI companies are increasingly relying on new debt and equity issuance to fill funding gaps, and a 10-year Treasury yield above 5% would restrain both channels.

A London-listed fund run by Partners Group Holding AG has outlined plans for a shareholder vote that could lead to a wind-down of the vehicle, according to Bloomberg.

Bitcoin has never experienced a successful 51% attack in its history

A federal court in Washington, D.C., has ordered the seizure of wallet assets tied to a North Korea-linked overseas IT worker money laundering scheme, including 158,123 USDC and 54,574 USDT. According to ChainCatcher, the U.S. Department of Justice is seeking to forfeit a total of $7.74 million in North Korea-related crypto assets.

Catcher Predict monitoring showed that the Polymarket submarket for the "Bitcoin September 8 breakout" event saw the "Yes" odds for "78,000" swing sharply. According to ChainCatcher, the probability fell from 82.5% one hour earlier to 66.5% at present, a 16% move. The article said related breaking news may have affected the market.

At 1:48 p.m. on September 8, the CSI A500 Index (000510) was at 5,642.29 points, down 0.05%, while A500ETF Southbound (159352), which tracks the index, posted turnover of 2.774 billion yuan and a turnover rate of about 8.3%, according to Jiemian News. The article said August manufacturing sentiment improved marginally, with the PMI rising to 49.8%, and the production and new orders indexes returning to expansion territory, suggesting signs of stabilization in the economic recovery. However, fixed-asset investment fell 6.7% year on year in the January-July period, with infrastructure and manufacturing investment both under pressure. The article said the economy remains clearly split, with high-tech manufacturing and equipment manufacturing PMIs at 52.9% and 51.4%, respectively, both in expansion, while the consumer goods PMI was 49.0%, still below the boom-bust line. New export orders rose to 50.1%, indicating some improvement in external demand. The article said growth momentum is concentrated in technology innovation and advanced manufacturing rather than a broad-based rebound, and that the market is undergoing a structural shift as old and new growth drivers change. It added that policy still needs to support demand and improve expectations, but the transmission effect remains uncertain, with the CSI A500 Index falling 1.31% between August 4 and September 4. The article also said the CSI A500 Index selects large, liquid securities across industries, keeps the free-float market-cap distribution of first-level industries aligned with the sample universe, and gives priority to companies with strong representation in third-level industries. A500ETF Southbound holds 500 leading stocks across sectors, with its top three weights being Zhongji Innolight, CATL and Eoptolink.

Arm launched its second-generation mobile compute subsystem, Arm CSS for Mobile 2, at the Arm Everywhere China conference in Shanghai on September 8, adding support for agentic AI and AI-native graphics on a single compute platform. Jiemian News reported that the new platform integrates the Arm Mali G2-Ultra NX GPU and C2 CPU cluster. Arm said the Mali G2-Ultra NX is the first Mali GPU to include a dedicated neural network accelerator, allowing graphics processing and neural network computing to run in the same GPU pipeline. Arm said performance per watt in neural-network graphics scenarios can improve by up to 4 times, while existing gaming performance is up to 14% higher than the previous generation. Arm Executive Vice President and Chief Commercial Officer Will Abbey said global partners have now shipped more than 350 billion chips based on Arm technology.

The dominant position of cloud computing giants in AI data center leasing negotiations is weakening. The eagerness of cloud providers like Microsoft to bring Nvidia servers online has ironically given carriers like CoreWeave more room for negotiation.

TradFi's foray into blockchain doesn't necessarily mean creating a serious financial hub first. Getting the blockchain active first, and then embedding its own assets into speculative activities, might be faster than "complying first and then waiting for people to come."

While the outcome should be positive, some "old" blockchain infrastructures actually require increased vigilance.

Real trading volume, token retention rate, pool depth, creator revenue, and overall liquidity of the Stock Token. Only if these metrics continue to grow will the PAIR story truly begin.

Hunter Biden, son of former US President Joe Biden, announced that he will launch a meme coin on the Base blockchain called $LAPTOP.

Priority recipients include water utilities, electricity providers, state and local governments, community banks, nonprofits and open-source maintainers

The Philippines is tightening its grip on the crypto industry again, with the country’s central bank imposing stricter standards for token listings and effectively shutting privacy coins out of compliant local exchanges.

RWA, DeFi, Crypto Funds, Blockchain, Debonded Funds: Splitting the Model, Funds, and Computing Power Machines (Jinse Finance) – This involves separating the model, funds, and computing power machines.