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Connecticut sued prediction market platform Kalshi, demanding it cease operations, while leaving similar platforms untouched. This move highlights inconsistent state-level enforcement and sparks a core legal debate over whether prediction markets fall under state gambling laws or federal regulatory frameworks.
Read MoreA major Bitcoin conference has drawn massive crowds, sparking discussions about a potential market cycle shift. Industry leaders point to multiple signals—from sentiment and event energy to on-chain metrics—suggesting the prolonged bear market may be nearing its end.
Read MoreNVIDIA CEO Jensen Huang addressed criticisms of the company's AI investment strategy, explaining that AI is a uniquely capital-intensive field requiring billions in funding. He emphasized NVIDIA's low risk exposure due to flexible infrastructure redeployment and strong return potential.
Read MoreEntropy has launched an Anthropic Pre-IPO market on Hyperliquid. The ANTH token recorded nearly $20M in 24-hour volume with over $3.4M in open interest, pushing the implied OTC valuation to approximately $1.974 trillion, highlighting intense investor speculation.
Read MoreBlackRock-linked ETF wallets added significant BTC and ETH holdings. Nvidia's earnings signal sustained AI demand, while institutional activity continues in projects like HYPE. Regulatory clarity calls and early-stage funding highlight a market leaning bullish.
Read MoreInvestor Jeffrey Huang has made a $1M acquisition offer for Friend.tech, planning a community-led revival by appointing a community CTO. The news triggered a sharp market cap rebound from under $300k to over $2.2M, spotlighting the future of Web3 social platforms.
Read MoreAlibaba Cloud will reduce pricing for its Qwen3.8-Flash model on the Bailian platform starting August 27, 2026. Both input and output token costs are lowered, making the multimodal AI model more accessible for developers building high-concurrency applications and complex workflows.
Read MoreNVIDIA's earnings strongly validate AI infrastructure investment. Analysts note the rally extends beyond chips to storage, networking, and power. However, the focus is shifting from supply shortages to whether real AI demand can absorb capacity and deliver returns.
Read MoreZhipu AI will open-source its flagship model GLM-5.3 on August 28. The release was delayed for security evaluation after the model demonstrated unexpectedly strong cybersecurity capabilities during post-training, excelling in vulnerability discovery and exploitation benchmarks.
Read MoreAn industry leader highlights Hong Kong's competitive edge in Web3, citing its fintech talent and regulatory connectivity. He notes that Real World Asset (RWA) tokenization is advancing faster than expected, enhancing accessibility and liquidity, with stablecoins as a prime example. Meanwhile, DEX infrastructure and user adoption have reached a mature stage, signaling new growth phases.
Read MoreU.S. spot Bitcoin ETFs have attracted a significant $1.192 billion in net inflows over four consecutive trading days. BlackRock's IBIT led with $933 million, followed by Fidelity's FBTC at $176 million, signaling a strong return of institutional interest in the crypto market.
Read MoreShanghai police dismantled a massive underground banking network that used cryptocurrency to launder over 200 billion yuan ($30 billion). The operation arrested 70 suspects who facilitated cross-border illegal fund transfers through virtual currency exchanges, highlighting evolving money laundering tactics challenging financial oversight.
Read MoreSpot silver rose 1% on August 27, reaching $68.80 per ounce. The rally is likely linked to shifting macroeconomic expectations and market sentiment, drawing attention from investors monitoring key resistance levels and future price directions.
Read MoreNVIDIA provided its first formal guidance for FY2028, projecting 70% year-over-year revenue growth. CEO Jensen Huang stated the company now has unprecedented visibility across its supply chain. He revealed that underlying demand significantly exceeds this target, but supply constraints currently limit deliverable growth to 70%.
Read MoreWhile Singapore's electronics output growth moderated, sustained global investment in AI infrastructure continues to underpin the sector. Strong demand for semiconductor equipment, where Singapore holds significant market share, remains a key driver.
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