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Apple’s new CEO Ternes joins Weibo and posts his first blog post
PANews September 1 news: On September 1, local time, John Ternes, who has just officially taken over as CEO of Apple, joined Weibo and published his first post: “Hello hello.”
TRM Labs Wins a $95 Million Non-Competitive Crypto Tracking Contract from the U.S. Department of Homeland Security; Sued by Chainalysis
PANews September 1 news: According to a report by Bloomberg, the U.S. Department of Homeland Security signed a one-year, non-competitive contract worth $95 million with the crypto analytics firm TRM Labs in July to provide cryptocurrency tracking software and data analytics personnel in support of the White House’s efforts to combat crypto scams and cybercrimes targeting Americans. Competitor Chainalysis has sued the Trump administration over the contract, alleging that the award process was “arbitrary, capricious, and unreasonable.” In a public statement, the U.S. side said that TRM is the “only vendor able to provide the complete technical, data, and operational support services required.”
Analyst: About 2%–3% of capital inflows into BlackRock’s spot Bitcoin ETF comes from self-custody migration
PANews September 1 news: According to Bloomberg analyst Eric Balchunas, iShares Bitcoin Trust (IBIT) has about 2%–3% of its net inflows coming from investors moving their Bitcoin from self-custody to the BlackRock ETF. He said that if investors mainly value Bitcoin’s “inflation hedge / protection against currency devaluation” characteristics, then ETFs are becoming a more attractive way to hold it compared with self-custody wallets; while “die-hard” Bitcoin holders who care about its “censorship resistance” find it difficult to accept holding Bitcoin via ETFs. Balchunas believes that as IBIT’s overall subscription volume grows, the share of this self-custody migration may continue to increase in the future.
Abliteration.ai launches an offensive cybersecurity large model based on GLM-5.3
PANews September 1 news: The startup Abliteration.ai announced the launch of a new model, “abliterated-model-large-v2”. Based on GLM-5.3, which ranked third on the Terminal-Bench 4.0, the company claims that its network defense/offense exploitation capabilities are improved by about 2x compared with version 5.2. The official says that by removing the “refusal” direction in the model’s activation at the weight level, it preserves capabilities in coding, network security, and agent functions—making it suitable for complete execution of authorized attack chains in offensive cybersecurity, AI red-team assessments, agent testing, and trust-and-safety scenarios. The model is hosted in the United States, uses FP8 precision, supports a 1-million context window, and promises not to retain input and output prompts. It is currently accessible through the API for public use.
AI Compute Power and Electricity Crisis Becomes a Focus at the G20; Musk Says a 15-Gigawatt Gap Will Emerge in 2027
PANews September 1 report: During his G20 speech, Musk said that global AI development has hit a power bottleneck. He expects that by 2027, power demand related to AI chips will show a shortfall of at least 15 gigawatts. He stated that annual growth in AI chip production capacity is about 40%–50%, while annual growth in power supply outside China is only about 10%–20%, and the gap between the curves will form a key constraint. Musk noted that companies such as Google and Anthropic have already leased computing capacity from SpaceX, because SpaceX is building its own power plants to expand capacity quickly. He believes that electricity is sufficient in China, but is constrained by GPU export controls; meanwhile, other countries could capture new growth opportunities by building power at scale and hosting AI data centers, using taxes and fees to obtain new growth points.
Ripple teams up with SettleMint, Coincheck teams up with DFNS to further strengthen Asia’s institutional custody infrastructure
PANews September 1, according to Cointelegraph, Ripple has reached a strategic partnership with digital asset infrastructure company SettleMint to integrate Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform, providing institutions with custody, issuance, and management solutions covering the full lifecycle of tokenized assets. Previously, Coincheck Group partnered with wallet infrastructure provider DFNS to develop in Japan wallet-as-a-service and custody solutions supporting more than 100 blockchain networks. The above collaborations are intended to address gaps in digital asset custody and infrastructure for regulated financial institutions in the Asia-Pacific region. On-chain data firm Chainalysis says that the Asia-Pacific region is the fastest-growing area globally for on-chain crypto activity, with value received increasing by 69% year over year. Japan has also recently included crypto assets in the regulatory framework under the Financial Instruments and Exchange Act through legislation.
U.S. Treasury Secretary Says It Will Roll Out a “Comprehensive Fiscal Package” and Urges the G20 to Address Global Imbalances
PANews September 1 message: According to Jinshi Data, U.S. Treasury Secretary Bessent said the United States will roll out a “comprehensive” fiscal package, adding that global imbalances caused by some countries are weakening growth in other regions. Bessent said the G20 ministers want to achieve higher growth, but it is still unclear whether countries will take the necessary measures. He emphasized that the U.S. side has been discussing the issue of G20 imbalances and expects countries to work with the United States to address Iran-related matters, and he believes Japan is currently taking the right economic steps.
Guangzhou’s Nansha launches a “Global Data Port” pilot, exploring new paths for “external data processed internally” and “Token going global”
PANews September 1 news: According to reports from the Nanfang Finance Media Group, the international cooperation pilot in the national data sector in Guangzhou was launched in Nansha. Centered on Nansha as a core carrying area, Guangzhou is building a four-in-one international data cooperation system of “infrastructure–rules–carriers–ecosystem” to promote data collaboration among Guangdong, Hong Kong, and Macao. At the meeting, two business models were released: “data processing plants” and “Token going global.” Through localized deployment of large models and physical isolation of server racks, “external data processed internally” (“外数中算”) is achieved. A “token loan” (“词元贷”) was also introduced, with credit extended based on token output and computing power contracts. The Guangzhou Data Exchange signed international data cooperation agreements with Xinhua Holdings, Singapore YanDe Group, and others. DianDian Digital Technology announced that it will build a 万PAI intelligent computing cluster in Nansha with total investment exceeding 4 billion yuan and planned computing capacity of 10,000P. The People’s Congress of Nansha District also simultaneously issued a decision on smart city development to provide legal support for the “international data port” (“国际数港”).
After an aggressive expansion, SpaceX reportedly reorganized the leadership of its data centers
PA News September 1, according to a report by The Information, informed sources said that in recent weeks, Elon Musk has made changes to the team responsible for building SpaceX's data centers. He replaced multiple executives and brought in executives from the rocket and satellite internet businesses to strengthen the development of data center infrastructure. Two informed sources said this data center reorganization was prompted by some civil engineering issues and ongoing reliability problems at SpaceX AI's existing data center facilities in Tennessee and Mississippi. In the early stages of building AI infrastructure, SpaceX AI rushed to complete these data centers quickly, causing some facilities to operate for months without backup cooling and power systems. Informed sources said this increases the risk of system downtime.
ARB rockets 30% in a day; Robinhood Chain begins collecting platform tax
Author: Xiao Bing On September 1, ARB surged nearly 30% in a single day, with open interest increasing by more than 10%. It was the strongest major asset in the crypto market over the past 24 hours. What drove this round of market action is not just narrative. That day, Steven Goldfeder, co-founder of Offchain Labs, confirmed that Robinhood Chain’s on-chain trading revenue over the past 24 hours exceeded $2 million, continuing to rise from roughly $1.22 million the previous day. Because Robinhood Chain uses the Arbitrum Dedicated Chain architecture, about 10% of net protocol revenue is returned to the Arbitrum ecosystem.
21 financial institutions plan to set up a stablecoin joint venture, aiming to launch a USD stablecoin in 2027
PANews September 1 report: According to PR Newswire, 21 major international financial institutions have announced plans to establish new companies worldwide in the second half of 2026 and roll out fully bank-backed stablecoin solutions. The initial offering will be a USD-denominated stablecoin, with subsequent priority expansion to G7 currencies such as the euro. The company intends to apply the solution across wholesale, institutional, and retail scenarios, including cross-border payments and digital-asset settlement, and aims to meet compliance requirements such as the GENIUS Act and MiCA. Participating institutions include U.S. firms such as Bank of America, Citi, Goldman Sachs, Wells Fargo, Fidelity Investments, and WisdomTree, as well as European institutions including Deutsche Bank, UBS, Banco Santander, and BBVA, along with MUFG Bank, Standard Bank, and Sirius International Holding. The project targets a market launch in the first half of 2027.
DeFi risk protocol Firelight Protocol completes $8 million funding
PANews September 1 reports, citing CoinDesk, that DeFi risk protocol Firelight Protocol has completed an $8 million funding round. The lead investor is Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, Tribe Capital, and others. The protocol is incubated by Sentora, a DeFi infrastructure provider. It plans to go live in September with the first batch of integrated protections, offering smart-contract attack coverage for fintech companies participating in on-chain yield. Firelight currently uses XRP as the coverage funds and plans to expand to other highly liquid, non-native yield assets such as bitcoin and Stellar’s XLM. Its claims process involves independent risk-control organizations including GFX Labs, Hypernative, Credora, Native, and Cyfrin for evaluation. The goal is to complete the review, settlement, and payout of eligible claims within about 10 days.
Big Brother Maji issues a token $TAIWAN on the Robinhood Chain and personally buys about $600,000 worth of tokens
PANews September 1 report: According to “Yu Jin,” today Big Brother Maji launched the Meme token “TAIWAN” on the Robinhood Chain, and in the evening used about 16,700 USDC to buy approximately 27.56 million TAIWAN tokens, with a purchase value of about $600,000. Yu Jin said it does not recommend getting involved in this scheme, citing reasons including that Big Brother Maji has previously issued Meme tokens multiple times; in 2024, he issued a Meme coin for his own dog, Bobaoppa, raising about 220,000 SOL (around $40 million) but only injecting about 60,000 SOL into the pool, keeping the rest for personal use, and setting an approximately 8.75% transaction tax. The token is now essentially worthless, with its value having basically dropped to zero.
Grok: Many accounts are currently receiving unsolicited X password reset emails; Grok advises users to enable related protections
PANews September 1 news: According to a message published by the X platform bot account “Grok,” many accounts are currently experiencing unsolicited X password reset emails. The attackers use publicly available usernames to trigger the password reset form in bulk. As of now, there are no signs confirming that any systems have been compromised or that large-scale account takeovers have occurred. Grok advises users to enable “Password Reset Protect” (path: Settings and privacy > Security and account access > Security), and to also enable two-factor authentication (2FA). Users should ignore relevant emails and avoid clicking any links.
Injective: No on-chain attack; INJ and user funds remained safe during the upgrade
PANews September 1 news: Injective officially issued a statement saying that yesterday’s coordinated accelerated network upgrade took longer than expected. However, throughout the entire process, the Injective blockchain and the INJ assets remained secure; the protocol and consensus were not breached, and users’ and staked funds were not affected. Some validators were temporarily “jailed” because they did not complete the upgrade within the specified window, causing the network’s displayed staked amount to temporarily decline. Some exchanges also paused deposits and withdrawals to update nodes. There was no loss of staked INJ. The upgrade was prompted by exploitation of a small amount of the ecosystem’s binary options market. The attack was limited to the related application and did not touch the Injective chain itself. The team has patched the relevant attack vectors and will introduce stronger constraints, real-time monitoring, and security protection mechanisms.
Silhouette launches Hyperliquid RFQ system supporting xStocks for on-chain block trades
PANews September 1 news: According to The Block, Hyperliquid’s block trade layer Silhouette has launched an RFQ (request for quote) system on the mainnet, with the first batch supporting Payward’s tokenized equities framework xStocks. The system allows traders to request quotes for any supported xStock; market makers compete with bids, and the final trade orders are settled on-chain and are not subject to time constraints or per-transaction size limits. With the RFQ mechanism, xStocks can match trades without requiring a standalone order book. After token activity reaches sufficient levels, the assets can be migrated to the independent HyperCore market. Since xStocks went live in June 2025, it has served more than 200,000 holders and cumulative trading volume has exceeded $40 billion, including nearly $20 billion settled on-chain. In the current tokenized equities market of about $2.53 billion, it accounts for around $620 million, making it the third-largest issuer.
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