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Figure Technology Solutions Completes $717 Million Acquisition of Kiavi, Expected to Add $7 Billion in Tokenized Loan Volume
ME News reported that the transaction was completed on September 1, making Kiavi one of the largest residential real estate investment lenders in the United States. An announcement from Figure Technology Solutions and its Form 8-K filing with the U.S. Securities and Exchange Commission confirmed the completion of the transaction. Kiavi is expected to add more than $7 billion in first-lien mortgage volume to Figure Connect annually and drive more than $100 million in monthly inflows to Democratized Prime, Figure’s on-chain lending platform.
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FIGR-8.25%
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B.AI boosts subsidies: Top up and receive an equal amount at a 1:1 ratio, easily unlocking Justin Sun's brain
ME News, May 3 (UTC+8): According to official news, B.AI launched a major top-up benefits upgrade campaign on May 3, introducing a limited-time 1:1 top-up bonus mechanism. Users receive an equal amount of bonus credit with every top-up, enabling access to cutting-edge large models and Web3 trading skill packages such as GPT-5.5, Claude Opus 4.7, and “Sun Bro’s Brain” at an ultra-low effective cost of 50%. This campaign fully removes the first-top-up restriction: every top-up automatically earns an equal bonus, with each user eligible to receive up to $100 in free credit cumulatively; the platform releases a $10,000 daily points subsidy pool on a limited basis across the entire network, resetting daily on a first-come, first-served basis. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest cost and unleash the unlimited potential of AI Agents and the on-chain ecosystem. (Source: Tron
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Southbound Funds Went on a Buying Spree for Zhipu in July, Then MiniMax in August: Domestic Foundation-Model Stocks Drew Heavy Buying for Two Consecutive Months
ME News, September 2 (UTC+8), Beating AI: Southbound funds have made Chinese foundation model companies the top performers among Hong Kong-listed stocks for two consecutive months. In July, Zhipu became the Hong Kong-listed stock with the largest Southbound fund purchases, exceeding Alibaba and Tencent. In August, the champion switched to MiniMax, with HK$10.6 billion purchased in a single month, also surpassing Alibaba and Tencent.
MiniMax attracted capital even faster than Zhipu. It did not officially enter the Hong Kong Stock Connect until August 6, meaning mainland investors had previously been unable to buy it through this channel. On the first day of access, Southbound funds made net purchases of HK$2.697 billion; by the second day, cumulative net purchases had already exceeded HK$4.9 billion. In less than a month, Southbound funds’ ownership stake had surged to 9.7%.
Zhipu was bought up earlier. It entered the Hong Kong Stock Connect on June 8, and Southbound funds purchased it that day.
ZHIPU AI-5.25%
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Dyson’s new product: a $499 AI toothbrush with a camera that automatically finds gaps between teeth
ME News reports that, on September 2 (UTC+8), Dongcha Beating AI News reported that Dyson has officially entered the oral care market with the launch of the CameraJet electric toothbrush, priced at $499.99. It combines an electric toothbrush, water flosser, and camera in one device. While brushing, the camera automatically locates gaps between the teeth and sprays mouthwash to rinse them. The 100k-pixel macro camera in the brush head analyzes 28 frames per second. The machine-learning system was trained on 470k images of teeth and triggers the water jet within 100 milliseconds after detecting gaps between the teeth. The camera can also stream real-time oral footage to the MyDyson App. Dyson says the footage is neither recorded nor stored on the device or in the cloud. To prevent toothpaste foam from obstructing the lens, Dyson also developed foam-free toothpaste and low-foam mouthwash. The base can refill the toothbrush's 12.5ml reservoir within 3 seconds.
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New York State Attorney General Says More Than $5 Million in Compensation Has Been Recovered from Crypto Platform Uphold
ME News, May 3 (UTC+8) — New York State Attorney General Letitia James said that more than $5 million in compensation had been recovered from cryptocurrency platform Uphold because it misled consumers and promoted fraudulent investment schemes. Between January 2019 and October 2020, Uphold promoted on its platform and mobile application to users.
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CryptoQuant Head of Research: Perpetual futures contracts were the sole driver of Bitcoin’s price rise in April
ME News, May 3 (UTC+8) — CryptoQuant Head of Research Julio Moreno stated in a report that Bitcoin’s price increase in April mainly relied on demand for perpetual futures contracts, rather than growth in spot market demand. In his view, this phenomenon typically occurs during bear markets and is difficult to sustain over the long term. Moreno emphasized that the increase in futures demand and decrease in spot demand is a clear signal in on-chain metrics, reflecting that this rally is more speculative, with leverage as the primary driver of the price increase rather than the inflow of new capital. He warned that historically, this demand structure is unlikely to support a sustained rally; if futures positions are unwound, prices typically see a correction. CryptoQuant added that the current demand pattern resembles the situation at the beginning of the 2022 bear market and carries significant downside risk. (Source: MLion)
BTC-1.15%
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Capital B Plans to Raise Approximately $8.86 Million Through a Private Placement of New Shares to Increase Its Bitcoin Holdings
Capital B will privately issue new shares with warrants to Adam Back at a subscription price of €0.58, for a total amount of approximately €7.645 million. If all warrants are exercised, the capital increase will amount to approximately €49.4 million. Net proceeds of approximately €7.3 million will be used to acquire additional Bitcoin, advance its Bitcoin treasury strategy, and increase its Bitcoin holdings per share. Closing is expected to be completed on September 3.
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BTC-1.11%
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Galaxy Head of Research: Satoshi Nakamoto’s 1.1 million BTC should not be used; PQ solutions need to be prepared in advance
ME News, May 3 (UTC+8) — Galaxy Head of Research Alex Thorn posted on X that, after in-depth discussions with multiple Bitcoin industry participants about quantum computing and Bitcoin, he believes a consensus is gradually forming in the market: first, the approximately 1.1 million BTC held by Satoshi Nakamoto (distributed across approximately 22k P2PK addresses) should not be used arbitrarily; infringing on their property rights to address quantum risks could undermine Bitcoin’s core value proposition; even in an extreme scenario, these BTC
BTC-1.11%
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Next Week’s Macro Outlook: The US and Iran Face Another Moment of Decision, While Nonfarm Payrolls Are Unlikely to Help Gold Prices Break Out
ME News, May 3 (UTC+8): U.S. President Trump accused Tehran's leadership of being divided, hindering efforts to reach an agreement to end the conflict, which has lasted nine weeks and triggered a global energy crisis. He said he could not agree with "the requests put forward by Iran," but some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will look forward to a new batch of U.S. stock earnings reports and U.S. employment data. The following are the key points the market will focus on in the new week: Tuesday 00:50, FOMC permanent voting member and New York Fed President Williams speaks; Tuesday 22:00, U.S. April ISM Services PMI and U.S. March JOLTs job openings; Wednesday 20:15, U.S. April ADP employment; Wednesday 21:30, 2028 FOMC voter and St. Louis Fed President Musalem speaks on the economic outlook and monetary policy; Thursday 01:
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B.AI boosts subsidies: Top up and receive a matching bonus at a 1:1 ratio to easily unlock Brother Sun’s brain.
ME News reports that, on May 3 (UTC+8), according to official information, B.AI launched a major recharge benefits upgrade campaign, introducing a limited-time 1:1 matching recharge bonus program. Users receive an equal amount of credits with every recharge, allowing them to access cutting-edge large language models and Web3 trading skill packages, including GPT-5.5, Claude Opus 4.7, and “Sun Bro’s Brain,” at an effective 50% discount. The campaign removes the first-recharge restriction entirely: every recharge automatically earns an equal bonus, and each user can receive up to $100 in free credits in total. The platform releases a $10,000 daily points subsidy pool network-wide in limited quantities; the pool resets daily, and rewards are available on a first-come, first-served basis. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest cost and unleash the limitless potential of AI Agents and the on-chain ecosystem. (Source: Tron
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NVIDIA’s venture capital arm NVentures participated in the Series D extension financing round of Legora, an AI platform for lawyers
AIMPACT News, May 3 (UTC+8) — Nvidia has added another piece to its artificial intelligence portfolio, with its corporate venture capital arm NVentures investing in Legora, reportedly marking its first investment in the legal AI sector. Legora is a Swedish-founded legal technology startup that uses AI to help lawyers improve their efficiency and competes with U.S. company Harvey. With Atlassian and other new investors participating, NVentures joined Legora’s shareholder base and took part in its $50 million Series D extension round. This financing came just one month after the company completed its $550 million Series D round last month. During this period, Legora, which was once selected for Y
NVDA-1.51%
TEAM-3.66%
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An early SHIB whale transfers 600 billion SHIB and still holds $478 million worth of tokens
According to Ember Monitoring, the “top holder address,” which once purchased 103 trillion SHIB with 37.8 ETH—accounting for 17.4% of the total supply—transferred another 600 billion SHIB today, worth approximately $3.09 million. At its peak in 2021, the 103 trillion SHIB held by this address was valued at $9.1 billion. It has currently sold approximately 10.06 trillion SHIB for a profit of about $66.6 million, while the account still holds approximately 93.27 trillion SHIB, worth about $478 million.
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SHIB0.64%
ETH-1.91%
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Analysis: Bitcoin Is Experiencing Its First Hashrate Bear Market, Highlighting Large-Scale Mining Opportunities for Major Mining Firms
Rapha Zagury stated at Bitcoin Asia 2026 that the Bitcoin network’s hashrate has entered a historic bear market. Mining company profits depend on the cost curve, with those that have lower energy costs and more efficient equipment enjoying greater profit margins. If only one option can be chosen, he recommends prioritizing buying BTC. Mining offers flexible load capacity, helping power grids absorb surplus electricity and improve stability. In the future, it may also generate new option value through energy utilization, market share, and other areas. The industry is currently at the intersection of an energy revolution and a Bitcoin revolution, while the number of large-scale mining companies is declining.
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BTC-1.11%
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Japanese-listed company Remixpoint has sold all its altcoins and currently holds only Bitcoin.
ME News, September 2 (UTC+8) — According to an announcement by Japanese-listed company Remixpoint (Code: 3825), the company sold all of its altcoin holdings on September 1, including ETH, SOL, XRP, and DOGE, for a total of ¥878.8 million, generating proceeds of ¥117.8 million. Following the sale, the company holds only Bitcoin among its crypto assets, with approximately 1,506 BTC. Specifically, it sold 901.4467 ETH for ¥353.4 million, generating proceeds of ¥60.2 million; 13,920.0726 SOL for ¥227.9 million, generating proceeds of ¥49.3 million; and approximately 1.19M XRP for ¥260.4 million, generating proceeds of ¥11.52 million.
BTC-1.11%
ETH-1.91%
SOL-2.87%
XRP-2.22%
DOGE-1.64%
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South Korea’s Financial Services Commission to operate a digital asset task force through 2028, preparing for the implementation of the Digital Asset Basic Act
ME News, September 2 (UTC+8) — South Korea’s Financial Services Commission said it will operate a digital asset TF through 2028 to prepare for the formulation and implementation of the Digital Asset Basic Act, including advancing preparations for the enactment of subordinate regulations and developing digital asset ecosystem infrastructure. South Korea’s Financial Services Commission said the existing digital asset regulatory system had previously focused mainly on cracking down on illegal activities and preventing investor losses, while remaining insufficient in terms of institutional development at the industry and market levels, including business conduct, information disclosure, and asset issuance and circulation. The Financial Services Commission plans to determine the main contents of the Digital Asset Basic Act within 2026 through the Virtual Asset Committee and consultations between political parties and the government, and promote the establishment of a more comprehensive regulatory system. South Korea is advancing the development of a digital asset-related ecosystem and is expected to improve infrastructure around organizations such as associations. Regarding the institutionalization of security tokens (ST)
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Buffett: The current investment environment is far from ideal; the real time to buy is “when no one else answers the phone”
ME News, May 3 (UTC+8) — Buffett candidly admitted in an interview that the current investment environment is not ideal, with elevated market prices being one of the main reasons he is staying on the sidelines. He also acknowledged that, as he grows older, the proportion of industries he can deeply understand is no longer what it was 10 years ago—for fields mastered by young people who have grown up alongside new technologies, he no longer expects to have an edge. Despite this, he emphasized that Berkshire has the ability to make decisions quickly and can handle deals of any size; it is simply waiting for the right opportunity. Buffett said the most likely time to buy is when no one else is answering the phone. Over his 60-year career, there may have been only five truly “highly lucrative” years. He recalled the actual Wall Street ecosystem during market crashes: everyone boasted about their excellent trading departments. But when the market crashed, trying again...
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Deutsche Bank: Short-term bets on a steepening U.S. Treasury yield curve may face challenges
Deutsche Bank strategists said that the hawkish signals Waller sent at the Jackson Hole meeting could be implemented at the September meeting. Combined with the possibility of further intervention by the Treasury, directly taking positions on a steepening of the long-end U.S. Treasury yield curve in the short term could face setbacks. However, from a long-term and structural perspective, they remain bullish on rising term premiums and curve-steepening trades, based on their view that weak fundamentals and large-scale fiscal consolidation are unlikely to materialize.
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Stablecoin financial services platform UnblockPay completes a $4.5 million seed round led by Prelude
ME News, May 3 (UTC+8) — Stablecoin financial services platform UnblockPay announced the completion of a $4.5 million seed funding round, led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new funding will support its development of regulated financial products, help businesses integrate stablecoins into their daily treasury operations, and support business users in fiat, USDC, and USDT.
USDC0.00%
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South Korea's KB Financial Group has partnered with Pantera Capital to expand its digital asset strategy.
ME News, May 3 (UTC+8) — South Korean financial giant KB Financial Group recently announced that it had entered into a strategic partnership with U.S. crypto investment firm Pantera Capital. The move aims to expand its strategic presence in the digital asset sector, enhance its competitiveness in blockchain finance, and accelerate the expansion of new businesses. Previously, KB Financial Group had already partnered with the Bank of Korea on the “Project Han River” (Project Han
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Analysis: Bitcoin demand turns negative again, potentially facing another short-term decline
ME News, September 2 (UTC+8) — CryptoQuant analyst Darkfost posted that BTC’s current selling pressure remains stable, while short-term holders (STH) continue to realize profits. However, the market’s “apparent demand” has once again turned negative, indicating a significant decline in BTC demand over the past few days. He noted that signs of weakening demand have also been reflected in BTC’s price structure, with price action currently becoming increasingly weak. If demand fails to recover in the ultra-short term, BTC
BTC-1.11%
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GateUser-932d1bb8:
BTC could indeed fall again, but this is also the last good opportunity this year to enter the spot market.
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