According to Reuters, HKET and Korea Herald, Asian chip and tech shares led a broad regional advance at midday Monday, powered by a 3.38% jump in Wall Street's PHLX semiconductor index on Friday, though Hong Kong lagged and oil edged higher after fresh U.S.-Iran clashes in the Gulf. Tokyo's Nikkei 225 rebounded about 2.2%, standing at 66,209.45 as of 04:32 UTC, up 1,188.51 points, or 1.83%, recovering last week's decline. Tokyo Electron gained 4.35% and Advantest added 3.93%, while Sony eased 2.99%. Markets are pricing a 75% chance the Bank of Japan raises rates by a quarter point at its September 18 meeting. Seoul's KOSPI rallied roughly 3.1%, trading at 6,929.66 as of 04:32 UTC, up 242.45 points, or 3.63%, on tech strength. SK Hynix advanced 6.62% and Samsung Electronics rose 4.60%. Some traders cited Goldman Sachs's long-standing call for a further rise in the index toward 12,000. Hong Kong stocks bucked the regional trend, with the Hang Seng half-day at 25,402.73, down 0.97%, and the Hang Seng Tech Index off 1% at 4,524. Baidu fell more than 5% and Xiaomi slid about 4% ahead of a product launch, while newly promoted blue chip Hua Hong Semiconductor rose about 5%. Taiwan's TAIEX climbed to 47,263.95 as of 04:32 UTC, up 712.82 points, or 1.53%, having spiked as much as 878.45 points to an intraday 47,429.58. MediaTek touched its 10% limit-up at NT$4,855 on Nvidia AI ASIC demand, contributing over 200 index points, while UMC locked limit-up; Largan dropped below NT$7,000 after a European brokerage cut it to sell. In mainland China, the Shanghai Composite eased 0.24% to 3,920.70 by the midday break while the Shenzhen Component rose 1.38% to 13,703.21 and the ChiNext Index gained 2.63% to 3,373.12, as computing-hardware names led; CPO play Guanghe Technology rose more than 13%.

Poland’s attempt to establish a domestic framework for regulating its crypto industry has hit another roadblock, with lawmakers failing to overturn President Karol Nawrocki’s veto of legislation designed to bring the country’s market fully into line with the European Union’s Markets in Crypto-Assets Regulation (MiCA).

Solana NFT project BOOGLE said on X that fomo co-founder Se Yong bought BOOGLE #041 through an over-the-counter transaction for 850 SOL. According to Odaily, the purchase was valued at about $89,000. The report also said the market had speculated that fomo may support NFT trading in the future.

Robinhood Chain recorded about 4.11 million transactions on September 6, down about 40.7% from the previous day. According to Odaily, DEX trading volume also fell to about $1.3 billion, more than 60% below its earlier peak.

According to Jin10, the World Gold Council said gold’s annualized return is about 5% and that the long-term trend is supported by wealth-preservation demand. The council, together with 12 retail brands including Caibai Jewelry, Chow Tai Fook, Chow Sang Sang, and Lao Feng Xiang, recently released the 2026 China Gold Jewelry Retail Trend Insights and answered questions from reporters on the evolution of hard pure gold products and changes in gold jewelry consumption structure. Wang Lixin, chief executive of the World Gold Council's China region, said hard pure gold is still in its early stage and has huge room for growth. The council said China's gold jewelry market is undergoing a typical pattern of higher prices and lower volumes, with gold jewelry consumption in the first half of 2026 falling 30% year on year to 136 tons, while total consumption value rose 5% to 143.7 billion yuan. It also said store consolidation is continuing, self-purchase and self-reward demand has risen for three consecutive years, and consumption is shifting from important-occasion purchases to everyday purchases.

According to the BBC, Australia is set to propose draft legislation this week that would let users switch off social media algorithms, with Communications Minister Anika Wells saying tech firms such as Meta, Google and TikTok could face substantial penalties if they do not provide the option. Wells said the government is seeking expert advice on whether users should have to opt in or opt out of algorithm-driven feeds, and said the draft laws would also require platforms to stop harmful content, including illegal pornography and videos promoting disordered eating, from being shared.

If prices continue to reach new highs in the coming months, while stablecoin size, on-chain transactions, and protocol revenue do not show significant improvement, then this rally is more of a repricing of the financial market than an industry recovery.

Jefferies kept a Hold rating on Zhipu (02513) but cut its target price to HK$1,183.79 from HK$1,299.8, implying 8.9% downside, according to ETNet. The broker said Zhipu AI's guidance for $2.4 billion in annual recurring revenue by end-2026 beat market expectations, but it questioned the sustainability of that growth. Jefferies cited a high base in August after the reopening of Coding Plan and the launch of new models, uneven growth in computing supply, and high customer concentration with low switching costs. Jefferies said two major customers each contribute more than $250 million in annual recurring revenue, accounting for at least 31% of total ARR. It also expects gross margin pressure in the second half as the newly launched domestic chip cluster remains in a rapid expansion phase and equipment utilization is still immature, lifting early-stage costs. The broker added that Coding Plan subscriptions resumed on July 31 after a suspension in the first half, but the subscription model is less profitable than token-based APIs even after price increases. Jefferies raised its 2026-2029 revenue forecasts for Zhipu by 37% to 119% and cut net loss estimates by 14% to 21%, but lowered the cloud business price-to-sales multiple to 30 times from 50 times based on 2026 ARR. It said the revised target price leaves about 10% upside and therefore maintained the Hold rating.

Berlin’s state government refused to pay a €2 million ($2.3 million) ransom after Rhysida hackers stole sensitive data from two departments. The group later published around 5.8 terabytes of data on the dark web, with authorities now investigating what information was exposed.

"A Meme Coin" quickly raised $100 million, Robinhood's new way of pairing meme coins with US stocks, and the industry war it sparked.

Meme, Robinhood Chain, Hyperliquid, DEX, and FOMO are all the rage, but I advise you to avoid FOMO. According to Jinse Finance, most people lose money; only the platforms and big players make steady profits.

OpenAI's chief scientist published a lengthy article titled "An Alien Mind." The article argues that AI is nurtured, not created. Even those who create it don't fully understand it.

Rhysida published 1,439,893 files from the Berlin state government on the dark web, totaling nearly 6 terabytes in size.

OpenAI has released detailed data on how its AI models are accelerating research within the company. Furthermore, OpenAI officially announced that it has achieved its goal of "automating AI research interns" and aims to achieve fully automated AI researchers by 2028.

The seemingly strong U.S. jobs figures quickly translated into upward pricing in the market for a possible Federal Reserve rate hike in September. This discrepancy is the result of the combined effects of the current U.S. monetary policy framework, the inherent structure of employment data, and the statistical revision mechanism.

Over the past year, some of the world’s most radical tech companies have been quietly conducting organizational experiments: deploying AI agents on a large scale.