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Video title: Crypto’s next winners won’t be blockchains
Video author: Bankless
Compiled by: Peggy, BlockBeats
Editor’s note: Against the backdrop of the crypto market’s long period of valuation compression and the subsequent return of capital, discussions about token investing are shifting from “what’s the next hot narrative?” to “which projects have already formed a verifiable business model.” But as revenue, buybacks, and token burn start becoming the new language of valuation, a more critical question begins to emerge: Can tokens be priced based on cash flows in the way stocks are—and do their holders truly own the value created by the protocol’s growth?

BlockBeats report, September 10: According to U.S. officials, Vice President Vance, Secretary of State Rubio, and other key staff discussed a possibility with Trump in the Oval Office and the Situation Room—namely that even if the U.S. maintains the blockade and continues military operations, Tehran may still choose to resist, causing the conflict to last until after Trump’s term ends, in January 2029. This assessment differs markedly from Trump’s comments made publicly on Wednesday; he insisted that the war would end “immediately” after the midterm elections in November because Iran “can’t last anymore.”
The conflict has entered its seventh month, resulting in 18 service members killed. Last week, Vance released a long-term signal, saying he was unsure when hostile actions might end, and refused to provide a “human-made timetable” that could be exploited by Iran. Signs of preparation for prolonged operations are increasing. The Treasury Secretary, Bessent, has labeled the maritime blockade and sanctions strategy as the “economic outcast action,” positioning it as an alternative to large-scale military operations. Defense Secretary Hegseth has extended the deployment of some Middle East garrisons through 2027; the Pentagon plans to extend the deployment of air defense units with no confirmed withdrawal date. A third Marine Corps expeditionary unit is preparing to head to the region before this autumn.

Anthropic researcher resigns, saying the lab is "betting our lives." Colleagues and alignment leads publicly echoed the sentiment, and p(doom) shifted from a Twitter debate topic to cracks within the lab.
1｜Anthropic researcher resigns, saying AI has a more than 10% chance of exterminating humanity
Anthropic pretraining researcher Jacob Coxon posted seven resignation statements on X, saying that after working at OpenAI and Anthropic combined for three years, he chose to leave. The reason is condensed into one sentence: they are racing toward a self-improving superintelligence that "is betting our lives."
The post racked up nearly 76 million views overnight. Coxon forfeited all of his equity at Anthropic.

BlockBeats message. On September 10, Apple today released its first foldable-screen phone, the iPhone Duo. At the same time, the prices for the new iPhone lineup in mainland China were announced: iPhone 18 Pro starts at RMB 9,999, iPhone 18 Pro Max starts at RMB 10,999, and iPhone Duo starts at RMB 15,999. Based on the current exchange rate, the iPhone Duo price is equivalent to 0.025 BTC. According to estimates, when iPhone new models were launched in previous years, their prices relative to the price of Bitcoin at the time were as follows:
XS Max - 0.169 BTC
11 Pro Max - 0.107 BTC
12 Pro Max - 0.068 BTC
13 Pro Max - 0.024 BTC
14 Pro Max - 0.056 BTC
15 Pro Max - 0.045 BTC

BlockBeats message: On September 10, former U.S. President Biden’s son, Hunter Biden, said that the X account of the Meme Coin LAPTOP Foundation is currently suspended. The team is trying to restore it; in the meantime, it will publish information via Medium, and the foundation will not exit the LAPTOP project.
The latest project announcement shows that the team will deploy 4 million LAPTOP tokens to the Aerodrome pool starting at 00:00 UTC on September 10 to incentivize liquidity (0.40% of the total supply). Meanwhile, under the predictive allocation mechanism, two events have already been resolved as “YES,” and a total of 10 million LAPTOP tokens will be destroyed. Within the first week after going live, the circulating supply will permanently decrease by 1%.

BlockBeats message: On September 10, U.S. former President Biden’s son Hunter Biden rebutted claims that Meme coin LAPTOP had crashed hard. He said that, as you may have already seen, within the first few hours of LAPTOP going live on exchanges, the token price experienced extreme volatility. The headlines are all the same. The token fell 99%, the Biden criminal family. And so on—too many to list.
This is far from the truth. The reality is that the liquidity available at launch simply couldn’t support that level of attention. On top of that, there were technical issues, as well as those predatory “snipers” who tried to get in before the liquidity providers, causing the price to be pumped first and then fall back to a healthy level. The team’s allocation is locked—no one is selling. I personally made not a single cent.

BlockBeats message: On September 10, Apple released its first foldable-screen phone, the iPhone Duo. When unfolded, it features a 7.6-inch internal display—Apple’s largest display across all iPhones to date. When folded, it uses a 5.4-inch external screen, with a screen area equivalent to 90% of the iPhone 18 Pro’s. Both screens support ProMotion, always-on display, and up to 3000 nits of outdoor brightness.
The new device uses a five-tier titanium metal body and a precision hinge made up of more than 100 components. It supports IP68 dust and water resistance and integrates Touch ID into the side button. The iPhone Duo is powered by a 2-nanometer A20 Pro chip and a custom heat dissipation plate. Sustained performance is up to 35% higher than the iPhone 17 Pro, and it supports split-screen operation for running two apps at the same time. It is equipped with a 48-megapixel main camera and a 48-megapixel ultra-wide-angle camera. With the foldable design, it also supports rear-camera selfies after opening, and real-time preview on the external screen, among other functions.

Original title: (LAPTOP crashes 99% at launch: did the market maker sell off coins for millions, while batch witches swooped in and took it all?)
Original author: Mahe, Foresight News
On the evening of September 9 at 8:00 PM, the meme coin LAPTOP, which Hunter Biden helped launch, opened on Base. By around 11:00 PM, according to GMGN market data, extremely thin liquidity pools caused extreme price wick spikes in the instant of the opening. Its FDV briefly surged to more than $30 billion, before quickly dropping to around $182 million. It is currently quoted at $1.828, with the token down more than 99%.
The token was originally promoted as a project intended to compensate those who suffered losses on TRUMP’s positions. In response, Eric Trump posted on X mocking it, saying, “Hunter should go back to drawing.”

BlockBeats message: On September 10, the U.S. Treasury said it will purchase at least $4 billion and up to $6 billion of long-term government debt in the first operation of an expanded buyback program, demonstrating the resolve of Bessent to curb the recent rise in borrowing costs. U.S. Treasuries continued their earlier decline after the announcement was released, indicating that the size of the program is smaller than some investors had expected. How successful the expanded purchase plan will be remains to be seen. After the initial announcement last month, yields fell, but then rebounded. The benchmark 10-year yield reached its highest level since 2023 last week.

BlockBeats message: On September 9, a16z crypto announced the release of an open-source zero-knowledge virtual machine, Lattice Jolt. The new version switches the underlying cryptography from elliptic-curve cryptography to lattice-based cryptography, enabling the system to be quantum-resistant, and improves the prover and verifier speeds by 2 to 3 times. Its proof size is currently below 100KB. a16z crypto says this is the smallest proof among post-quantum zkVMs.
Lattice Jolt: a new polynomial commitment scheme based on the Module-SIS hard problem, with a target security level of 128 bits. Akita was led by the LayerZero research and engineering team, in collaboration with teams from Carnegie Mellon University, the University of Southern California, and a16z crypto.