Today's Crypto and Bitcoin News

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2026/09/07

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.

The open interest of altcoin perpetual contracts has surpassed that of Bitcoin for the first time in 21 months.

CoinDesk reports:Coinalyze data shows that on September 6, the total open interest in altcoin perpetual contracts surpassed that of Bitcoin for the first time since December 2024. This shift coincides with strength in Zcash and the broader altcoin market, indicating increased leverage participation

Harmony Proposes Shutting Down Its Layer 1 Chain and Migrating ONE to Ethereum

CoinDesk reports:Harmony has disclosed that the project is proposing to shut down the existing Layer 1 network and mint ONE as an ERC-20 token on Ethereum following a final snapshot. The proposal is currently non-binding, and the final block time has not been announced; however, the team has request

U.S. Senator Lummis warns that failure of the CLARITY Bill could delay crypto legislation until 2030.

CoinDesk reports:The U.S. crypto market structure legislation is facing renewed time pressure. Senator Cynthia Lummis stated that if the CLARITY Act cannot advance during this session of Congress, the next major legislative window may not occur until 2030.A procedural vote will be held on September

Ethereum developers advance EIP-8141 for programmable transaction features.

CoinDesk reports:Ethereum developers recently disclosed new progress in the design of EIP-8141. The proposal aims to implement certain transaction functionalities as programmable contract calls, known as "frames," rather than modifying the Ethereum transaction format each time a new feature is added

Hyperliquid's PONS "Whale Hunt" Gains Momentum as Loracle's Short Position Comes Under Pressure

On-chain analyst Ai Yi posted that the "whale hunt" around PONS on Hyperliquid has once again drawn attention. Trader Loracle has held a 3x short position on PONS since September 3, currently holding approximately 25.04 million PONS, valued at around $19.41 million, with an entry price of $0.6553, a

LPL Playoffs: BLG vs AL Winner's Final – BLG Predicted with 77% Chance of Victory

Monitoring shows that, in the predict.fun prediction event for the LPL playoffs match between BLG and AL, the probability of BLG defeating AL is currently reported at 77%.At 5 PM today, the winner’s bracket final of the LPL playoffs will feature BLG versus AL in a best-of-five (BO5) match. The winne

Analysts Set XRP Price Targets From $2.30 to $60 Based on Technical Setups

Analyst sees $60 if XRP confirms a monthly breakout above the decade-long $3.66 resistance level.Celal Kucuker targets $2.30, while Javon Marks projects $3.50 before larger targets of $15 and above.XRP holds above $1.39 support and the 50-day MA, while $1.35 and $1.23 mark deeper support levels.XRP

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