Odaily News, Manus announced on X that its services have now resumed normal and stable operation, and the data recovery feature is now open. Users who previously backed up their data can restore it at any time, with no deadline for recovery.

Manus stated that due to exceptionally high demand for data recovery yesterday, some users were unable to complete the restoration in time. The team has since improved the capacity and reliability of the relevant processes. Additionally, Manus will issue a "Welcome Back Bonus" to accounts affected by this incident.

Odaily News: DeepSeek's revenue reached $70 million by July 2026, representing an approximately 10-fold increase compared to 2025. (The Information)

According to Odaily, Machi Big Brother (Jeffrey Huang) responded to recent reports claiming his portfolio gained 84x, stating that these reports are fake news. Earlier reports claimed he capitalized on last week's one-way upward crypto market rally, rolling approximately $150,000 into a long position that grew to around $11.15 million, recovering roughly $11 million in cumulative profits. Over the past 10 months, his cumulative losses from longing ETH amounted to approximately $35 million; after this round of profits, his historical losses narrowed to about $24 million. Previous on-chain data also indicated that his historical cumulative losses remained in the tens of millions of dollars.

Odaily News: City Protocol has disclosed that its seed and Pre-A funding rounds total $11 million, with participation from Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana, and others. The project's core business is bringing structured products on-chain, providing integrated infrastructure for the issuance, operation, and distribution of structured products through tokenization layers, vault layers, and issuance and operations layers.

Odaily News: Nvidia will release its second fiscal quarter earnings after the US stock market closes today. According to FactSet data, Wall Street expects the company's quarterly revenue to exceed $92 billion; market consensus cited by Cantor Fitzgerald projects Nvidia's third fiscal quarter revenue to reach $103.7 billion.

With market expectations for Nvidia's performance already at elevated levels, this earnings report is seen as a critical test for the AI trade. CNBC's Jim Cramer stated that Nvidia's earnings have become "a referendum on the entire AI trade." Additionally, investors will closely monitor Nvidia's degree of dependence on hyperscale cloud providers such as Amazon, Google, and Microsoft. Over the past year, Nvidia has exceeded market expectations on multiple revenue metrics, yet its stock price has declined on the trading day following each earnings release. (CNBC)

Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.

USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.

On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.

Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)

Odaily News: Citi Group expects that the issuance volume of South Korean companies in the global bond and stock markets will hit a record in 2026. Companies are raising growth capital from international investors, most notably SK Hynix's $26.5 billion US listing. Jangho Park, CEO of Citi Global Markets Korea, said on Wednesday that South Korea has an increasing number of "world-class companies and emerging industry leaders who are increasingly leveraging capital markets at competitive financing terms to raise funds for their growth targets."

Citi's optimistic outlook comes as South Korea's two major chipmakers have become major beneficiaries of the global AI infrastructure buildout. South Korea is seeking to push companies including Samsung Electronics and SK Hynix to invest at least 1,350 trillion won ($975 billion) in chip and data center construction, though many projects remain in early planning stages. (Jin Shi)

Odaily News: According to Gate Data, South Korea's KOSPI index closed up 65.47 points, or 0.97%, at 6,808.21 points on Wednesday, August 26. Japan's Nikkei 225 index closed up 405.73 points, or 0.62%, at 66,262.16 points on Wednesday, August 26.

According to monitoring by the PPP prediction market tool, in the Polymarket "2028 U.S. Presidential Election Winner" prediction event, an account with total profits of nearly $420,000 (0xc84f7e76ec28ef20e7773b7b4926bfb7378be0c5) purchased $497,000 worth of JD Vance failing to win the 2028 U.S. presidential election, with an average opening price of 50¢ and a purchase of 648,781.0 shares.

According to the settlement rules, the 2028 U.S. presidential election will take place on November 7, 2028. The market will settle once the Associated Press, Fox News, and NBC all declare the same candidate the winner. If the three media outlets fail to reach an agreement by January 20, 2029, the final outcome will be determined by whoever is ultimately sworn in as President of the United States. Currently, J.D. Vance's probability of winning in this market stands at 23.3%, the highest among all candidates.

Join the PPP signal push community to stay ahead of the curve and seize the opportunity.

Odaily News: U.S. banks currently hold investment securities with cumulative unrealized losses of $326.7 billion, and this figure has increased for two consecutive quarters. (Cointelegraph)

Odaily News: According to Lookonchain monitoring, Circle has minted 5 billion USDC over the past week.

Odaily News: Chainalysis announced that its Operation Lighthouse investigation has examined 29,120 crypto addresses and digital identity markers, generating 14,300 investigative leads. The operation targets cryptocurrency activities related to child sexual abuse material, covering over 100 clearnet and darknet platforms, forums, and distribution networks. Chainalysis stated that the operation also identified more than 7,700 suspicious accounts and flagged suspects across 125 countries. The operation was organized by the U.S. National Cyber Forensics and Training Alliance, with participation from multiple law enforcement agencies, crypto industry firms, and nonprofit organizations.

Odaily News: BlackRock has significantly lowered the threshold for investors to directly convert self-custodied BTC into shares of the spot Bitcoin ETF IBIT. Since July this year, the minimum conversion size has been reduced from $25 million previously to $1 million; Bitwise has also lowered its related threshold from $100 million to $3 million. This conversion is completed through "in-kind creation," allowing investors to deliver BTC directly in exchange for ETF shares without first selling BTC and then purchasing the ETF, thereby avoiding immediately triggering capital gains tax from the sale.

Robbie Mitchnick, Head of Digital Assets at BlackRock, stated that IBIT has processed over $5 billion in such conversions cumulatively, up from $3 billion as of October last year. (CoinDesk)

Odaily News: Samsung Electronics and SK Hynix plan to increase the supply of 8-high HBM4 memory to NVIDIA in the second half of this year. This arrangement is primarily influenced by NVIDIA's supply strategy, aiming to ensure a stable supply of various types of HBM memory while also considering product heat generation. It is understood that the 8-high memory is highly likely to become the flagship product of the next-generation HBM4E. (ZDNET Korea)

Odaily News, according to Onchain Lens monitoring, Wintermute (0xecb...2b00) has reduced its short exposure on Hyperliquid from $212 million to $80.48 million since the last update. It still holds $80.48 million in short positions and $5.51 million in long positions. Its HYPE short exposure has increased from $5.6 million to $10.2 million, with an unrealized loss of $568,800.

Odaily News: According to sources, HSBC Hong Kong has recently begun notifying certain mainland Chinese existing investment clients, requiring them to submit the "Declaration for Opening/Maintaining Account" via the HSBC Hong Kong App by September 12, and update their contact information. The declaration includes confirming that funds used for investment activities come from legitimate sources outside mainland China, and acknowledging that the bank may disclose personal information upon requests from law enforcement or regulatory authorities. The notice also states that if the declaration is not submitted by August 20, investment-related services may be suspended; if still not submitted by September 12, investment-related services may be terminated.

In response, an HSBC Hong Kong spokesperson told Jiemian News reporters: "When managing investment client relationships, we follow relevant regulatory requirements. Therefore, we have invited relevant mainland Chinese investors to provide self-declarations and confirm that the information provided during 'Know Your Customer' (KYC) and 'Customer Due Diligence' processes is current and valid. This helps us continue to provide services to our clients without interruption. This latest declaration requirement applies only to our investment services clients." Jiemian News reporters learned that in May this year, the Hong Kong Monetary Authority issued a notice on "Supervisory measures to be taken when opening investment accounts and maintaining relationships with clients," which includes "additional measures to be taken when opening and managing investment accounts for mainland Chinese investors," specifically covering measures such as "closing investment accounts opened using suspicious or forged documents," "closing dormant investment accounts with zero balance," and "opening new investment accounts." (Jiemian News)