Odaily reports that according to OKX market data, ZEC briefly dropped below 1,130 USDT and is now trading at 1,137.25 USDT, down 14.35% in 24H.

Odaily reports: According to on-chain analyst Ai Yi's monitoring, Machi again reduced his position by 10,000 ETH, with cumulative losses on this single asset trade reaching $4.107 million. Currently, the realized loss (i.e., the stop-loss portion) stands at $1.812 million, while the remaining 14,500 ETH long position has an unrealized loss of $2.336 million. The latest liquidation price is $2,442.16, leaving only $26.14 of buffer space.

Odaily reports that Tom Lee, Chairman of Bitmine, stated that the core driver of this crypto bull market may be stronger than previous cycles, because the potential market size brought by tokenization far exceeds the retail narratives of the past.

Tom Lee said that participants in the 2016 to 2017 bull market were mainly retail investors; the 2019 to 2021 cycle was mainly driven by NFTs and was likewise dominated by the retail market; while last year was a phase of rapid stablecoin development. He believes the greater driver now is real-world assets (RWA) and traditional financial assets moving on-chain. Global liquid assets total about $200 trillion, of which the three major asset classes—equities, bonds, and credit—amount to about $160 trillion. If 10% of these assets are brought on-chain, that would correspond to a market size of about $16 trillion.

Tom Lee further stated that for every $1 of assets tokenized or locked in an L1 blockchain ecosystem, it typically creates about $1 of value for that blockchain.

Odaily reports that crypto trader Bonk Guy posted that he recently suffered a loss of approximately $100,000 from trading a certain new token, primarily due to overtrading and continuously depleting his capital while chasing new trading pairs and liquidity rotation. The position size of this trade far exceeded what he typically allocates to similar trades.

Bonk Guy reflected that the common thread among his recent losses was relying on others' judgments rather than building his own investment conviction. He stated that most of his profits this cycle came from independent judgment and holding positions with conviction, but after achieving success he gradually became complacent and began making unnecessary trades.

Bonk Guy emphasized that sometimes the best trade is no trade at all, and going forward he will focus more on opportunities where he truly has investment conviction, even if it means missing out on some market movements.

According to Coinglass data cited by Odaily, $320 million was liquidated across the network in the past hour, including $303 million in long positions and $17.14 million in short positions. In addition, ETH liquidations reached $10,400, while BTC liquidations amounted to $34.95 million.

Odaily reported that trade.xyz announced on X that Twist Bioscience Corporation (TWST) is now live, supporting 10x leverage and 24/7/365 trading.

Odaily reports: CryptoQuant posted on X platform that Bitcoin miners have recently stopped large-scale selling. Since Bitcoin hit a low of $76,000 on August 21 and miner status shifted from "extremely underpaid" to "fairly paid," no extreme miner fund outflows have occurred.

CryptoQuant stated that miner selling pressure was once a significant supply source continuously affecting Bitcoin's price during the 2026 bear market, and the current disappearance of this steady selling pressure may help alleviate market supply pressure.

Odaily reports: Anthropic has announced that it will invest $150 million over three years in the Trump administration's "Genesis Mission" federal program. The company will provide its AI model Claude to more than 15 federal agencies, including NASA and NIH, and will supply Claude, Claude Code, and API credits to the "Genesis Mission" project. (CLS)

Odaily: The United Kingdom has imposed sanctions on Cryptomus, Heleket, and TokenSpot as part of actions targeting Russia-related entities suspected of sanctions evasion. TokenSpot transferred over $950 million to sanctioned exchanges Grinex, Garantex, and the Kremlin-backed A7 network.

Odaily News: The U.S. Department of Defense has announced a $350 million investment in quantum computing projects; it will invest $200 million in cloud laboratories in fiscal year 2028. In addition, the U.S. Department of Defense has signed a $150 million conditional loan agreement with photonic quantum computing company PsiQuantum. (CLS)

Odaily News: As the crypto industry discusses whether users need to enter "bunker mode" before AI or quantum computing technologies expose wallet private keys, custody institutions face a more complex challenge: how to upgrade key management, approval, and audit systems before an emergency migration occurs.

Project Eleven CEO Alex Pruden stated that institutions have already begun preparing for post-quantum migration outside of blockchain, and different blockchains may adopt different quantum-resistant signature schemes and migration paths in the future. Institutions holding multiple types of assets will face the challenge of simultaneously adapting to multiple cryptographic systems.

Quantus co-founder and CEO Christopher Smith stated that AI is accelerating the development of quantum hardware and software, and the tail risk of quantum attacks should be incorporated into portfolio decisions — this is an institutional fiduciary duty.

Currently, the timeline for quantum computers to crack Bitcoin and Ethereum's existing public-key cryptographic systems remains uncertain, but the industry is gradually viewing the coming years as a window for establishing migration plans, rather than waiting for an attack to occur before responding reactively. (CoinDesk)

Odaily reports that OpenAI has released a report stating it recently banned two groups that used its models to conduct covert influence operations (IO). These operations combined AI with traditional techniques to create "fake front" entities and fake identities. OpenAI stated that the Russia-linked operation "Dark Clark" controlled a fake think tank called the "Social Research Center (SRC)," and is suspected of using ChatGPT to write internal reports, generate content, and conduct influence activities in Latin America. OpenAI assessed this operation as Level 5 on the IO Breakout Scale, marking the first time it has identified a case reaching this level since it began disclosing such operations.

OpenAI stated that AI has not changed the fundamental patterns of these influence operations, but has enhanced their scale, efficiency, language capabilities, and content production capacity, making it easier for attackers to create fake identities, fabricate content, and disseminate information to real media channels.

Odaily News: Nvidia has pledged to invest $1 billion over the next five years to advance American science. In addition, it will partner with collaborators to participate in the second phase of the Genesis Mission awards, covering the fields of quantum, fusion, and microelectronics. (Jinshi)

Odaily News: The Cardano Foundation has announced the spin-off of its digital identity project Veridian into an independent company, with its shares tokenized based on CIP-0113, a newly launched programmable token standard on the Cardano blockchain.

It is reported that Veridian becomes the first company to adopt Cardano's programmable token standard for equity tokenization. Frederik Gregaard, CEO of the Cardano Foundation and Chairman of Veridian, stated that the company has issued a total of 1 million shares, with the majority already tokenized. However, these tokenized shares are not currently available for public sale.

Headquartered in Switzerland, Veridian aims to provide digital identity verification tools for governments, enterprises, and AI agents, helping users prove their identity and verify online behavior. The company is led by Thomas A. Mayfield, a blockchain engineer who previously oversaw decentralized trust and identity solutions at the Cardano Foundation, and plans to seek strategic investors in 2027. (CoinDesk)