CEX NEWS message: Tom Lee said that cryptocurrencies are an important beneficiary of AI infrastructure construction, because financial activity will primarily take place in this field.
CEX NEWS message: Machi increased its long position to $131 million, currently holding 32,600 ETH ($85.73 million), 495 BTC ($40.26 million), and 55,500 HYPE ($5.06 million). Liquidation price: ETH $2,517, BTC $73,501, HYPE $18.7.
CEX NEWS message: In May network security tests, Google’s Gemini AI independently hacked three companies, marking the first known AI breach of their systems.
CEX NEWS message: The U.S. stock market will begin implementing 5 trading days per week, 23 hours per day starting December 6. The trading week will run from Sunday evening to Friday evening, with a 1-hour daily maintenance window. Platforms such as Nasdaq and NYSE Arca are preparing to extend trading hours, while the regular trading session from 9:30 a.m. to 4:00 p.m. remains unchanged. The SEC is upgrading market infrastructure for 23/5 trading, and future 24/7 round-the-clock trading may be implemented. Brokers will determine which securities and overnight services customers can access. Less liquid instruments may see wider spreads and increased volatility.
CEX NEWS updates: OpenAI is expected to have cumulatively consumed nearly $28 billion by 2030. The funding will mainly be used for investments in AI infrastructure while also driving revenue growth.
CEX NEWS: In a message, Polygon Foundation CEO Sandeep Nailwal said that after the Security Committee signs off, once a permissionless burn contract is approved on the mainnet, 100 million POL tokens will be permanently destroyed.
CEX NEWS message: Anthony Pompliano’s ProCap Financial will be added to the Russell 2000 and Russell 3000 indexes on September 21. The company will then be renamed to Silvia.
CEX NEWS message: The New York Times accuses OpenAI of using deceptive methods to scrape paid content. Newly unsealed court documents show that an OpenAI researcher, Nick Ryder, mentioned to CEO Greg Brockman hacking methods to bypass the New York Times paywall, and Brockman replied, “That’s right.” The documents also include statements from a Microsoft executive saying that AI training is “the largest labor theft in human history,” and ChatGPT head Nick Turley admitting that the company’s AI products are “basically interchangeable.”
CEX NEWS message: On September 19, spot Bitcoin ETFs saw net inflows of $433 million. Fidelity’s FBTC led with $311 million, followed by BlackRock’s IBIT with inflows of $108 million. Spot Ethereum ETFs saw net inflows of $144 million. BlackRock’s ETHA received $114 million, while Fidelity’s FETH received $26.2449 million.
CEX NEWS message: TRM Labs said that 9 fake YouTube tutorials induced 224 victims to deploy a smart contract for automated fund withdrawals, stealing 274.60 ETH within six months.
CEX NEWS message: Garrett Jin’s largest ZEC short position has an unrealized loss of $33.66 million, with a liquidation price of $4,792.01. His 1,333 BTC long orders are worth $108.57 million, with an unrealized profit of $4.5 million.
CEX NEWS update: ZEC continues to rise. A trader was forced to close a short position at a loss of $10.68 million. Shorting ZEC earned over $9 million, which was then turned into a $1.57 million loss. The trader previously had 47 winning trades with a win rate of 89% and had been profitable for 26 trades in a row. Their current short position of 12,285 ZEC is worth $18.31 million, with an unrealized loss of $7.66 million. The liquidation price is $1,550.66.
CEX NEWS announcement: The Linera team said on Discord that due to insufficient funding, they will immediately cease operations. Its Sonar token sale garnered nearly $900,000 in subscriptions but did not meet the minimum threshold; all contributions have been refunded. An emergency fundraising round also failed. Linera is gradually shutting down the app and its Discord community; point balances will be retained but future entitlements are not guaranteed. The team still hopes to complete the protocol and launch the app, but there is no timeline. The project was founded by former Meta researcher Mathieu Baudet, and it raised about $12 million across two rounds in 2022 and 2023, with a16z participating in both.
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