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PBOC Deputy Governor Lu Lei on agentic payments: Responsibility boundaries must not be blurred; a self-regulatory convention coordinating protocols and standards will be released
Lu Lei said at a forum that agentic payments must not blur the boundaries of responsibility among consumers, institutions, and algorithms. Payment is essentially the transfer of ownership of funds, and its outcomes must be predictable, responsibilities clearly defined, and trails traceable. Excessive authorization could undermine trust, so governance must be improved. He also noted that insufficient standards compatibility could create new barriers, and called for promoting self-regulatory conventions and coordinated protocol standards. He proposed three points: implement the conventions, track cutting-edge technologies, and prioritize rules and standards while improving compatibility.
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Ethereum spot ETFs saw net inflows of $824 million last week, with BlackRock’s ETHA leading at $567 million.
According to SoSoValue data, Ethereum spot ETFs saw net inflows of $824 million last week (8/24–8/28). BlackRock’s ETHA recorded net inflows of $567 million, bringing cumulative inflows to $1.27B, while Fidelity’s FETH saw net inflows of $96.5 million, with cumulative inflows reaching $227 million. As of press time, the ETFs’ total net asset value stood at $1.52B, with a net asset ratio of 5.20% and historical cumulative net inflows of $12.97B.
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ETH-1.76%
BLK-0.21%
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OpenAI purchases tens of thousands of Macs to strengthen AI training, driving Apple's Mac business revenue growth by 29%
According to The Information, OpenAI is procuring tens of thousands of Mac mini/Studio units for reinforcement learning and Computer-use Agent tasks, while Anthropic is also renting substantial Mac computing capacity through AWS. Apple’s Mac business revenue grew 29% year-on-year to $10.4 billion, outpacing the iPhone and becoming the fastest-growing hardware segment.
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AAPL1.61%
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Key News from Last Night and This Morning (August 30–August 31)
Data: Tokens including HYPE and SUI will see large unlocks next week, with HYPE’s unlock valued at over $36 million
Token Unlocks data shows that tokens including HYPE, SUI, and EIGEN will see large unlocks next week, including: Hyperliquid (HYPE) will unlock approximately 433k tokens at 8:00 a.m. Beijing time on September 6, equivalent to approximately 0.1% of its circulating supply and valued at approximately $36.1 million; Sui (SUI) will unlock approximately 13.53 million tokens at 8:00 a.m. Beijing time on September 1, equivalent to approximately 0.33% of its circulating supply and valued at approximately $10 million; EigenCloud (EIGEN) will unlock approximately 36.82 million tokens at 12:00 p.m. Beijing time on September 1, equivalent to approximately 5.48% of its circulating supply and valued at approximately $7.2 million;
HYPE-3.39%
EIGEN-3.60%
ENA-7.51%
OPN-4.54%
VC-1.50%
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A new wallet spent 790 ETH to buy 5.24 million PONS, worth $1.9 million
PANews August 31 news: According to Lookonchain monitoring, a new wallet (0xD273) spent 790 ETH (worth $1.9 million) 6 hours ago to buy 5.24 million PONS.
ETH-1.76%
PONS5.72%
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Breaking Down the Trump Family’s Equity Stake in a Crypto Trust Bank: Largest Shareholder Comes from Abu Dhabi
Written by: KarenZ, Foresight News
An initial conditional approval letter first brought World Liberty Financial’s trust bank plan into the spotlight; two weeks later, the revealed equity structure put Abu Dhabi royal capital in the frame.
On August 14, the U.S. Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for the establishment of World Liberty Trust Company, N.A. (WLTC). The national trust bank, which is still in the planning stage, plans to take over the stablecoin
WLFI-0.24%
USD10.00%
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USDC Treasury minted an additional 250 million USDC on the Solana chain.
PANews, August 31 — On-chain data shows that at 9:45 Beijing time today, USDC Treasury minted 250 million USDC on the Solana network.
USDC0.02%
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Metaplanet transferred $62 million worth of BTC to Coinbase
PANews, August 31 — According to Onchain Lens monitoring, Metaplanet has transferred 800 BTC (approximately $62.19 million) to Coinbase Prime, likely for sale.
BTC-0.68%
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The top holder of privacy coin XMR is betting on its price increase, with total profits exceeding $3.15 million.
PANews, August 31 — According to monitoring by Ai Yi, the top holder of the leading privacy coin XMR has generated over $3.15 million in total profit from a bet on the coin’s rise in just 23 days. The bet began on August 9, with the position reaching a maximum of 34k XMR (approximately $16.72 million). Half of the position was closed last night for a profit of $1.637 million; 16k XMR in a 4x position is still held, with unrealized profit exceeding $1.53 million.
XMR5.30%
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Sony and Warner jointly sue Anthropic, accusing it of using copyrighted music without authorization to train AI models
Sony Music Publishing and Warner Chappell sued Anthropic in the U.S. District Court for the Northern District of California, alleging that it massively downloaded, scraped, and distributed copyrighted works to train Claude. The maximum damages are $150k per work, plus another $25k for each removal of identifiable data, potentially totaling tens of billions of dollars. The complaint names co-founders Dario Amodei and Benjamin Mann as individual defendants, alleging that Mann obtained large quantities of pirated books through BitTorrent and that employees also downloaded from Pirate Library Mirror. Anthropic is also accused of scraping lyrics from MusixMatch and LyricFind, with additional lawsuits brought by Universal Music, Concord, ABKCO, BMG, Round Hill, and others.
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SONY3.24%
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Analysis: Bitcoin rose over 30% in August, but trading volume remains near a three-year low.
A CryptoQuant analyst said Bitcoin rose 30% in August, but trading volume was at a three-year low, significantly diverging from the price. Binance remained the leader in spot trading, with trading volume falling from $198 billion to $44 billion, up $1.6 billion from July; Gate fell to $14 billion, while Bybit fell to $17.4 billion, a decline of about 70%. Overall volume levels are tending toward stability; if volume supports the rally, it could signal the start of a new bull market.
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BTC-0.68%
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Jeffrey Huang opened a $12 million BTC long position, while his ETH long position has an unrealized loss of $1.41 million.
PANews, August 31: According to monitoring by Onchain Lens, Huang Licheng (Machi) opened a BTC long position worth $12 million. He opened a long position of 155 BTC (approximately $12.05 million) on Hyperliquid. In addition, he still holds a long position of 41,150 ETH (approximately $99.64 million), currently at an unrealized loss of approximately $1.41 million. The total value of his long positions is approximately $111.69 million.
BTC-0.68%
ETH-1.77%
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a16z: Top talent is flocking to AI infrastructure, and infrastructure design will be “rebuilt from the ground up”
Source: Wall Street Insights
Global AI infrastructure is facing a “great supply-demand rift”: demand is expanding at a thousandfold pace, while the supply of chips, memory, power, and data centers will take at least three to five years to catch up at the fastest—the top venture capital firm a16z believes that, against a backdrop of exponentially growing demand and core component orders already booked years out, the traditional computing stack has been pushed to its physical limits, and a comprehensive restructuring of infrastructure for the AI era is now underway.
Recently, top Silicon Valley venture capital firm a16z (Andreessen Horowitz) officially announced the launch of the “Machine Age Fund,” focusing on investments in AI infrastructure. a16z co-founder Ben Horowitz, general partner Martin Casado, and former VMware
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Wintermute transferred approximately $400 million worth of BTC to Binance over the past two days.
PANews, August 31 — According to Onchain Lens monitoring, Wintermute transferred 5,100 BTC (approximately $399.03 million) to Binance over the past two days.
BTC-0.68%
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A whale transferred $108 million worth of ETH to exchanges within one day.
PANews, August 31 — According to monitoring by Onchain Lens, a whale deposited 43.88k ETH (approximately $108.04 million) into the Binance, OKX, Bybit, Kraken, and Gate exchanges over the past day. The whale had previously received 51.39k ETH (approximately $125.94 million) from another address, and all of the ETH from that sending address was from Coinbase.
ETH-1.76%
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South Korea’s KOSPI index fell 3%, while SK Hynix dropped more than 4%.
PANews, August 31 — Bybit market data shows that the South Korean KOSPI index’s decline has widened to 3%, while SK hynix has fallen more than 4% and Samsung Electronics has dropped over 3%.
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U.S.-Iran tensions escalate further, with international crude oil opening higher on Monday
PANews, August 31: According to Cailian Press, WTI crude oil futures extended gains to 2%, trading at $85.137 per barrel. Brent crude oil futures rose to touch $90 per barrel, most recently trading at $90.044 per barrel, up 2.21% on the day. Earlier, Iran's Islamic Revolutionary Guard Corps said that Iran had launched missiles at US military bases. Shortly beforehand, explosions were heard near Iran's Larak Island. According to foreign media reports, the US bombed military facilities located on the island.
BZ2.64%
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PeckShield: The Tectonic attacker transferred only $6 million cross-chain, while the remaining funds are stranded on Cronos Chain
PANews reported on August 31 that, according to monitoring by PeckShield, Tectonic was attacked on the Cronos network, resulting in total losses of approximately $74 million. As a result, Cronos suspended the operation of the entire chain. Before the network was suspended, the attacker successfully transferred only approximately $6 million in funds cross-chain to Ethereum, while the remaining approximately $60 million in funds became stranded on the Cronos chain. Currently, the attacker’s funds are distributed across the following addresses:
Approximately $60 million on the Cronos chain: 0x7d4e....4f2dc
Approximately $6 million transferred cross-chain to Ethereum: 0xc404...72dd
Approximately 800 on the Cronos chain:
CRO-1.54%
ETH-1.76%
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A whale opened a long position with 32k ETH and added another 13k ETH, currently sitting on an unrealized loss of $3.35 million.
PANews reported on August 31 that, according to on-chain analyst Ember, whale 0x0392a opened a long position in 32k ETH ($80 million) at $2,487 two days ago. Early this morning, the whale added another 13k ETH, bringing its position to 45k ETH ($109 million), with an average entry price of $2,486. As the market pulled back, the position is currently showing an unrealized loss of $3.35 million, with a liquidation price of $2,251.
ETH-1.77%
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The US Open has entered into an exclusive partnership with Kalshi, making it the official prediction market platform.
Kalshi has signed an exclusive prediction market platform partnership agreement with the United States Tennis Association, becoming the US Open’s sole prediction market advertising partner. The details of the agreement were not disclosed, but sources said it was finalized after last week’s qualifying rounds, with the USTA banning advertisements from other prediction markets at tournament venues and on television broadcasts, including ESPN. The USTA had originally planned to establish partnerships with prediction markets in 2027 and beyond. The deal was driven by new CEO Craig Tiley, who previously served as CEO of the Australian Open and joined the USTA in February this year.
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KALSHI1.06%
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