Cointime

Robinhood will launch prediction market contracts supported by Crypto.com
On September 8, according to The Wall Street Journal, Robinhood has reached an agreement with Crypto.com. Robinhood will add Crypto.com’s yes-or-no event contracts to its trading platform (from Crypto.com’s prediction market business). At the same time, Robinhood will obtain a minority stake in Crypto.com and its prediction market business.

MARSCOIN's market value has halved from its peak, breaking below $130 million in the short term
On September 8, according to HTX market data, the BNB Chain ecosystem meme coin MARSCOIN has seen its market value halve from its high point and briefly fall below $130 million. Over the past 24 hours, it has dropped 22.34%.

BNC4’s 6-hour trading volume reaches $135 million; its underlying share (BNC) only trades $2 million
On September 8, according to GMGN market data, after 6 hours since the launch of the crypto asset BNC4, its cumulative trading volume had already reached $138 million. As of the time of publication, BNC4 was quoted at $9, still offering a 51% premium compared with the underlying share’s pre-market price ($5.95). Notably, the underlying share BNC’s trading volume in the previous trading day was only $2 million—just 1.48% of BNC4’s cumulative trading volume after 6 hours since its launch. Based on the previous day’s closing price of $3.49, BNC’s overall market capitalization in the U.S. stock market is also only $143 million.

4Stock narrative drives FORM to surge over 55% in the past 5 hours; the price breaks through $0.39
On September 8, according to HTX market data, FORM has risen more than 55% over the past 5 hours, breaking through $0.39. It is currently reported at $0.35, with its market cap reaching $142 million. Today, Four.meme’s “Stock Meme” narrative, 4Stock, has sparked the market. The mechanism is to first launch 4Stock’s underlying assets linked to stock assets, and then allow the community to issue Memes based on that asset as the pool.

The Binance US stock BNC contract has reached its limit positive funding rate of 2%, with the annualized funding rate rising to 2190%
On September 8, the Binance US stock BNC (CEA Industries) contract has currently reached the maximum positive funding rate of 2%, and the annualized funding rate has risen to 2190%. Long positions have significantly outpaced short positions, and traders continue to pay funding fees to go long. According to GMGN data, compared with the actual stock BNC US stock night-session price, the BSC on-chain token BNC4 has again shown an almost 3x premium. BNC4 is currently quoted at $12.6. Based on行情 data from BIT (bit.com), the US stock BNC night session is currently trading at $4.2.

Hang Seng Tech Index Falls 1.61%; Zhipu Drops More Than 10%
On September 8, Hong Kong stocks closed lower. The Hang Seng Index fell 0.38%, while the Hang Seng Tech Index dropped 1.61%. Software application stocks saw a sharp decline: Haigeng Zhiyuan fell by more than 11%, Zhipu fell by more than 10%, Weimeng Group fell by more than 6%, and MiniMax fell by more than 5%. Optoelectronics and optical communication stocks moved down across the board: Xizhi Technology-P dropped by more than 7%, Lens Technology fell by more than 4%, and Sunny Optical Technology and InnoLight (M) both fell by more than 3%. Hygon HiSilicon surged by more than 31%. On the news front, starting September 7, Hygon HiSilicon was included in the Hong Kong Stock Connect list.

DeepSeek V4.1 Flash begins private testing. Just change the model ID to start using it directly.
DeepSeek starts private testing for the intermediate version of V4.1 Flash. An official WeChat group notification says the new model uses a new model architecture, with native multimodal support, stronger capabilities, faster speed, and lower costs. The current billing is the same as V4 Flash, with a maximum of 20 concurrent sessions per account. Users can already call it directly. You don’t need to change the base_url—just replace the previous model ID with deepseek-v4.1-flash-expires-on-0910.

Sichuan’s first “Token compute power scenario” loan successfully disbursed
On September 8, it was learned from the Chengdu Branch of the Industrial and Commercial Bank of China that the bank recently issued a loan to a high-tech enterprise in Chengdu Hi-tech Zone. Unlike loans that rely on traditional collateral such as real estate and equipment, the core basis for the bank’s assessment of the company’s credit is a “compute power statement.” This marks the successful disbursement of Sichuan’s first “Token compute power scenario” loan. “Token,” officially named in Chinese as 币元 (word unit), is the smallest unit of measurement for information processed and generated by large language models. Word-unit consumption occurs when making AI inquiries, generating content, and running training/inference corpora. The industry often likens it to “electricity bills in the AI era.”

A huge whale spent $194,000 in the past hour to buy 4Stock, totaling 4.013 million units, becoming the fourth-largest on-chain holding
On September 8, according to monitoring by ai_9684xtpa, a whale heavily holding Robinhood Meme and DeFi blue chips, with a position size of about $4.5 million, spent $194,000 in the past hour to buy 4.013 million units of 4Stock at an average cost of approximately $0.04833. It has now become the fourth-largest holding asset on this address’s chain. The whale previously invested in PONS, CASHCAT, UNI, AAVE, and FORM; this time, it is the sixth target it has chosen. Notably, this address only opened a new position in FORM yesterday, and today FORM surged as much as 22%.

China plans to quadruple AI computing power by 2030
The Ministry of Industry and Information Technology has released the “14th Five-Year Plan” for the development of the information and communications industry, setting the national target for intelligent computing capacity in 2030 at 9,800 EFLOPS. The latest data from the National Data Bureau shows that as of the end of July, China’s intelligent computing scale was about 2,450 EFLOPS (FP16). Based on this benchmark, over the next four years or more, it will need to expand by roughly 4 times. The plan also proposes the orderly deployment of intelligent computing clusters with ten-thousand-card and one-hundred-thousand-card (and above) configurations, building inference computing capacity for different scenarios, and increasing the adoption and compatibility of domestically made AI computing chips. To date, China has already completed 52 intelligent computing facilities with more than 10,000 cards. The Ministry disclosed that as of the end of June, the intelligent computing capacity was 2,185 EFLOPS, a year-on-year increase of 177%. Using the plan’s table, 1,590 EFLOPS in 2025 is taken as the baseline, and the figure is expected to reach 9,800 EFLOPS by 2030—about a 6.2x increase. In the same period, the cumulative investment target for information infrastructure across the entire information and communications industry is 3.8 trillion yuan. This money also includes infrastructure such as communication networks, and is not entirely allocated to AI computing power.

BSC Eco Fast-Track Coin 4Stock’s LP APR on Pancake Temporarily Reports 564.27%
On September 8, the BSC eco meme coin 4Stock today fast-tracked $50 million in market cap. As of the time of writing, its default LP APR yield on Pancake is temporarily reported at 564.27%. Based on hands-on testing, if liquidity for this token is allocated within the $50 million to $100 million market-cap range of 4Stock, the real-time APR can reach 24,790%. Note: 4Stock originated from Four.meme’s “Stock Meme” narrative. It first launched underlying assets linked to stock assets, and then allowed the community to issue Meme coins based on those assets as the pool. BNC4 is the first 4Stock, 1:1 pegged to BNC’s BNB Treasury company BNC stock, and the meme coin “4Stock” corresponds to the BNC4 pool.

Is 4Stock a clone of it? Robinhood Chain’s STRATTON surged over 100% in the past 2 hours
On September 8, according to GMGN data, the token of the Stratton Market project, STRATTON, has risen more than 100% within the past 2 hours, with a current market cap of $6.81 million. Notably, STRATTON was launched on September 3, and its narrative is almost identical to today’s trending 4Stock. It’s said that Stratton Market (STRATTON) is a narrative-based project deployed on the Robinhood Chain, combining “micro-cap US stock penny stocks” and “meme launching” into one gameplay system. Its core story is to first turn micro-cap stocks from the NYSE and Nasdaq into on-chain tokens on a per-share-per-coin basis (called TICKERx within the project, such as TOONx, DSSx, AIXIx), then use these stock tokens as the quote assets to create a launch pad for new memes.

New Han Investment & Securities recommends asset allocation: add 2% digital assets
On September 8, according to Yonhap News Agency, Park Woo-yeol, chief researcher at Hana Investment & Securities, said that as stocks and bonds have increasingly shown synchronized fluctuations in recent years, the risk-diversifying effect of the traditional asset allocation strategy of 60% equities and 40% bonds has weakened. He recommended expanding the portfolio to include 8% alternative assets and 2% digital assets. Hana Investment & Securities began proposing a 2% digital asset allocation this year. One of the bases is that after back-testing 10% of alternative assets between gold and Bitcoin, the 8:2 allocation ratio between gold and BTC delivered relatively better risk-adjusted performance.

A certain giant whale purchased 4Stock with 1.63 million USD for 3.48 million tokens again, after previously spending 4.73 million USD to buy PONS and other tokens
On September 8, according to Lookonchain monitoring, the whale that had previously spent $4.73 million to buy PONS, UNI, AAVE, and CASHCAT spent another 163,256 USDT to buy 3.48 million units of 4Stock.

A U.S. court orders the seizure of nearly $213,000 in stablecoins, involving a money-laundering network run by North Korean IT workers
On September 8, according to documents from the Yonhap News Agency and the U.S. Department of Justice, U.S. District Judge Rudolph Contreras of the Federal District Court for the District of Columbia in Washington, D.C. has ordered the seizure of a wallet asset associated with a North Korean overseas IT worker funds-laundering scheme. Prosecutors said the address received approximately 158,123 USDC and 54,574 USDT, totaling about $212,700, with the funds originating from payment addresses of at least 14 North Korean IT workers. The ruling forms part of the U.S. Department of Justice’s earlier effort to seize more than $7.74 million in North Korea-related cryptocurrency assets. In this instance, the court only approved the seizure of assets related to the aforementioned wallet. The U.S. Department of Justice said that North Korean IT workers have long obtained overseas remote work using false identities, and laundered their earnings using stablecoins, cross-chain transfers, and token exchanges.

A U.S. court orders the forfeiture of about $213,000 in stablecoins tied to a North Korean IT worker money-laundering network
On September 8, according to a report by Yonhap and U.S. Department of Justice documents, a federal district court judge in Washington, D.C., Rudolph Contreras, ordered the forfeiture of wallet assets connected to a North Korea-linked overseas IT worker funds laundering scheme. Prosecutors said the address received approximately 158,123 USDC and 54,574 USDT, totaling about $212,700, from payment addresses belonging to at least 14 North Korean IT workers. The ruling is part of a case in which the U.S. Department of Justice previously sought the forfeiture of more than $7.74 million in North Korea-related crypto assets. This time, the court approved forfeiture only of assets related to the aforementioned wallet. The U.S. Department of Justice said that North Korean IT workers have long obtained overseas remote jobs using false identities and laundered their income using stablecoins, cross-chain transfers, and token exchanges.

Cumberland linked wallet withdrew 3.5 million PONS from Gate over the past four days, worth $2.78 million
On September 8, according to Lookonchain monitoring, a wallet associated with Cumberland withdrew a total of 3.5 million PONS from Gate over the past four days, worth approximately $2.78 million, with an average withdrawal price of about $0.8.

F2Pool Co-founder Wang Chun: ZEC’s recent rise is just narrative-driven; its fundamentals are far inferior to SOL and HYPE
On September 8, F2Pool co-founder Wang Chun posted that Zcash’s recent rally is mainly driven by “narratives.” A higher market cap does not mean the project deserves its current ranking, and he believes Zcash is not comparable to Solana or Hyperliquid. He pointed out that in its early days, Zcash was not fairly launched: in the first four years, 20% of the block reward was allocated as “founder rewards” to founders, employees, advisors, and early investors, totaling about 2.1 million ZEC—around 10% of the total supply. After the founder rewards ended, a similar 20% share of block rewards reappeared in the form of a “development fund.”
Wang Chun also criticized Zcash’s long-standing “optional privacy” model, arguing that most ZEC remains in public addresses for the long term. He further said that long-running governance disputes have existed among institutions such as the Electric Coin Company and the Zcash Foundation. In January 2026, the entire ECC team resigned, claiming they were sidelined, and said this is not a marginal issue but a reflection of flaws in Zcash’s governance model.
In addition, Wang Chun mentioned a serious vulnerability in the Orchard funding pool that Zcash disclosed in May 2026. The issue had reportedly existed for about four years and theoretically could be exploited to generate “phantom” ZEC that cannot be clearly tracked via on-chain records. Due to the privacy pool’s nature, it is impossible to prove that no fake ZEC had been created earlier. The Ironwood upgrade implemented in July closed the old funding pool and required the relevant tokens to pass through a new “gate,” which, in essence, is a vulnerability fix rather than a reason to justify Zcash entering the top ten.
Wang Chun concluded that unfair issuance, block-reward splitting, long-term governance conflicts, and an approximately four-year-old privacy-pool vulnerability are not enough to support Zcash becoming a “top-ten network.” He said it is more like a “story coin.” He believes that while Solana and Hyperliquid each have their controversies, they still have real use cases; Zcash’s recent surge, by contrast, is driven more by listings and squeeze conditions.

4Stock market cap briefly breaks through $60 million and hits a new high
On September 8, according to GMGN data, 4Stock’s market cap briefly surpassed $60 million and continued to set new highs. It is currently trading at $52.31 million. After listing, its trading volume reached $47.2 million within 3 hours. 4Stock is a “stock meme” narrative launched by Four.meme. It first introduces a 4Stock underlying asset linked to stock assets, and then allows the community to issue memes with that asset as the pool. BNC4 is the first 4Stock, 1:1 pegged to the corresponding stock asset.

WTI crude oil surges 2% intraday, to $93.31
On September 8, according to Bitget market data, WTI crude oil jumped 2% intraday, trading at $93.31 per barrel. Brent crude rose 1% intraday, breaking above $98 per barrel, and was at $98.07 per barrel.