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2026/09/07

Hyperliquid's largest PONS short holder, 'Loracle,' faces a hunt, with the Whale Hunting Team claiming an eight-digit funding commitment.

ME News reports that on September 7 (UTC+8), on-chain analyst MLM publicly announced the formation of a team to target Loracle, the largest PONS short position on Hyperliquid, and invited users with substantial capital to contact him privately. He later stated that those with seven-figure capital ca

JPYSC Stablecoin Begins Allocating JPY 1 Billion to Japanese Government Bonds

ME News reports that on September 7 (UTC+8), according to the blog of Startale, the technology developer of the Japanese yen stablecoin JPYSC, SBI Shinsei Trust & Banking and SBI VC Trade have announced the commencement of investing 1 billion JPY (approximately $6.41 million) from JPYSC’s trust asse

Huawei deploys a 30-billion-parameter MoE model on the Mate XT 2.

ME AI News, Dongcha Beating AI Brief: Huawei has officially deployed a 30B total parameter, 2B activated parameter edge-side MoE large model on its new triple-fold Mate XT 2 smartphone. Huawei describes it as the "industry's first edge-side MoE multimodal large model." The model runs on the newly re

Baidu Gains Shanghai and Shenzhen Stock Connect Access

Baidu just unlocked a massive new pool of potential buyers. The Chinese tech giant’s Hong Kong-listed Class A ordinary shares (HKEX: 9888) were officially included in both the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs on September 7, 2026, giving mainland Chinese investors dir

Loracle's 3x PONS Short on Hyperliquid Incurs $3M Floating Loss

HuoXing Finance reports, according to on-chain analyst Ai Yi, trader Loracle opened a 3x short position on PONS on Hyperliquid starting September 3, holding 25.04 million PONS (approximately $19.41 million) at an average entry price of $0.6553, accounting for 19% of Hyperliquid’s total PONS open int

Bitcoin ETFs Record $987M Inflows as Institutional Demand Returns

US-based spot Bitcoin ETFs recorded $987 million in net inflows last week, a clear indicator that institutional demand for the asset has recovered. Last week’s inflows have extended the positive flows to three straight weeks.Spot Ethereum ETFs also extended their inflow streak, recording $218.4 mill

Harmony Proposes Halting Layer-1 and Migrating ONE to Ethereum

Harmony, the Ethereum-compatible blockchain protocol, has outlined a plan to sunset its own network and migrate its native ONE token to Ethereum. The proposal—seven years after Harmony launched its mainnet—calls for a final blockchain snapshot, an ERC-20 ONE token issuance on Ethereum, and coordinat

China's AI models outperform the U.S. for the 19th consecutive week, with Tencent's Hy4 preview surging 379%.

According to OpenRouter data, global AI large model usage totaled 115 trillion tokens last week, up 1.77% week-over-week. China’s weekly large model usage reached 56.72 trillion tokens, up 2.83% week-over-week, marking the 19th consecutive week it has surpassed the U.S. and maintaining its position

Cozy Finance Hit by Second Exploit on Optimism, $170,000 Drained

Blockchain security firm Blockaid flagged a Cozy Finance exploit on Optimism early Monday. The attacker drained roughly $170,000 and bridged the funds out within 13 minutes.Cozy Finance runs protection markets that let users buy cover against DeFi failures. An earlier Optimism attack cost the protoc

Professor Li Zexiang’s robotics empire: Over 280 startups, a 50 billion RMB valuation

Series Preface: The Chinese embodied AI startup ecosystem is a martial arts world written by professors, academicians, and their students. This six-part series dissects the familial, geographic, and financial ties within this circle. In Part Two, we explore the martial arts world built over three de

OpenAI Releases Two Papers on AI Research Automation and Safety Concerns

On September 6, OpenAI released two documents announcing it had achieved the goal of an "automated research intern," capable of completing tasks that would typically take a skilled researcher several days, under human supervision. Research data shows that, as of mid-August this year, the median dail

Hyperliquid's 'Whale Hunt' Targets a $19.4M PONS 3x Short Position

ME News reports that on September 7 (UTC+8), according to Ai Yi monitoring, another "whale hunt" targeting large short positions has emerged on Hyperliquid. The whale Loracle opened a 3x short position on PONS starting September 3, currently holding 25.04 million PONS (approximately $19.41 million)

Loracle's 3x PONS Short on Hyperliquid Incurs $3M Floating Loss

ChainCatcher report: According to on-chain analyst AiYi, trader Loracle opened a 3x short position on PONS on Hyperliquid starting September 3, holding 25.04 million PONS (approximately $19.41 million) at an average entry price of $0.6553, accounting for 19% of Hyperliquid’s total PONS open interest

Bonk Guy Earns Nearly $1 Million from MEME Token

Lookonchain monitoring shows that Bonk Guy (@theunipcs) once again profited nearly $1 million from MEME. During a market panic sell-off of MEME tokens, Bonk Guy continued buying, accumulating 10.3 million MEME tokens worth approximately $1.43 million. His most recent purchase occurred several hours

NYM Rises 72.97% as Privacy-Coin Rotation and NymVPN Ecosystem Progress Draw Market Attentio

KuCoin Flash reports that, as of publication, NYM is trading at 0.03200 USDT, up 72.97% over the past 24 hours. The price reached a high of 0.03750 USDT and a low of 0.01844 USDT. Trading volume for the NYM/USDT spot pair totaled approximately 12.52 million NYM, equivalent to about 355,980 USDT. No.

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