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2026/09/08
EU Sets Early October Deadline for China to Address €360.6B Trade Deficit
The European Union is done with polite suggestions. Brussels has set an early October deadline for China to deliver initial commitments on reducing a bilateral trade deficit that hit €360.6 billion ($412 billion) in 2025, a figure that grew another 9% in the first half of 2026.To put that in perspec
Polymarket Launches In-App Social Feature Squads
BlockBeats news, on September 8, the prediction market Polymarket announced the launch of Squads, a new social feature within its U.S. version of the Polymarket app. Squads provides a dedicated space for friends to discuss markets, share their prediction choices, and trade together directly on Polym
Cobo Founder Recalls ZEC's Troubled Debut: Mining Facility Struck by Lightning on Mainnet Launch Night
Huo Xing Cai Jing reports that on September 8, Shen Yu, co-founder and CEO of Cobo, posted on social media: "I have real trauma with ZEC. When Zcash launched on mainnet in 2016, BitMEX set a fixed price cap of 10 BTC. On the launch night, shortly after mining began, the transformer at a GPU mining f
Canaan Inc. Posts $97.6M Net Loss in Q2 2026 Amid Bitcoin Mining Demand Drop
Canaan Inc. posted Q2 2026 revenue of $31.9 million, a 49% decline from the prior quarter and a 68% plunge from the $100.2 million it reported in the same period last year. The culprit is straightforward: Bitcoin fell from roughly $82,000 to $58,000 during the quarter, and when mining becomes less p
Mathematical AI Safety Institute Launched by Fields Medalist Jacob Tsimerman
Jacob Tsimerman, the 2026 Fields Medal winner, has founded the Mathematical AI Safety Institute, a new research body dedicated to building rigorous mathematical frameworks for understanding and mitigating the risks of artificial intelligence. The institute, known as MAISI, was launched on September
Hyperliquid Burns $1.32M in HYPE as Whale Accumulation Intensifies
The supply dynamics of Hyperliquid [HYPE] strengthened as the protocol accelerated token burns, adding a layer of scarcity around the token’s available supply.Within 24 hours, Hyperliquid bought and burned 15.35K HYPE worth approximately $1.32 million. The protocol paid an average price of around $8
XRP Must Defend $1.39 to Sustain Bullish Momentum
Amid the ongoing pullback following the August rally, XRP must defend its current price level to maintain its bullish trend.XRP has reached an important point as it tries to hold on to its recent recovery. Currently, XRP trades at $1.39, with a market capitalization of $86.94 billion. The token has
Whale Earns $911,000 in Profits from PONS and 4Stock Trades
According to Lookonchain, a whale address 0xfc27 purchased 2 million PONS tokens at an average price of $0.347, spending 280.5 ETH (approximately $696,000) a week ago, and is currently sitting on an unrealized profit of about $830,000. Additionally, this whale spent 575.2 BNB (approximately $431,000
BNC liquidations exceed $4M in 12 hours, short positions severely impacted
ChainCatcher report, according to Coinglass data, BNC experienced $4.06 million in liquidations over the past 12 hours, with $3.49 million from short positions and $570,000 from long positions; the largest single liquidation amounted to $623,440.
Bank of Japan Sells JGBs at Fastest Pace in History
For more than a decade, the Bank of Japan was the buyer of last resort in the world’s second-largest bond market. Now it’s becoming the seller nobody expected to move this fast.The BoJ’s monthly Japanese Government Bond purchases have dropped to 2.9 trillion yen for the January-March 2026 quarter, t
Apex Group CEO Advocates Tokenization for Private Credit Market Access
The CEO of one of the world’s largest fund administrators thinks the answer to private credit’s distribution problem has been sitting on the blockchain this whole time.Peter Hughes, who leads Apex Group, told Bloomberg that tokenization is essential for connecting family offices and wealth managers
Whale buys 2M PONS and 12.12M 4Stock with unrealized profits
Odaily Planet Daily reports, according to Lookonchain monitoring, a whale spent 280.5 ETH ($696,000) to purchase 2 million PONS at $0.347 each one week ago, currently realizing an unrealized profit of $830,000. Three hours ago, the same whale spent 575.2 BNB ($431,000) to buy 12.12 million 4Stock to
BNC4 Premium Shrinks to 8% Against BNC Amid Steep Price Decline
Odaily Planet Daily reports, according to GMGN data, BNC4, a token on the BSC chain, fell over 28% in the past hour, with its current price at $5.20. The underlying stock BNC is currently trading at $4.80 in the U.S. stock market, narrowing the premium between the token and the stock to 8%.CZ posted
Polish Court Approves Pre-Trial Detention of Fifth Suspect in Zondacrypto Investigation
CoinDesk reports:Polish prosecutors stated that the Katowice court has approved pretrial detention for Roman Ż. He is accused of participating in organized crime and embezzling client funds through computer fraud.The prosecution stated that the involved group is suspected of transferring at least 7.
AstralBeam Launches on Casper to Enable Compliant Cross-Chain RWA Transfers
MAKE Group, an independent product and technology firm, has launched AstralBeam on Casper. Casper is the latest cross-chain infrastructure layer that connects real-world assets (RWAs) across Robinhood Chain, Base, Ethereum, and Polygon while anchoring them to the T-REX compliance ledger. This develo
