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Share link:In this post: OpenAI staff are looking to sell $6 billion in shares in a deal that could raise the company’s valuation to $500 billion. SoftBank has committed to leading a $40 billion fundraising round for the Ai giant, with $8.3 billion already raised. OpenAI recently launched GPT-5, which has drawn both criticism and praise for its performance.
Share link:In this post: Vladimir Putin highlighted growth in U.S. trade with Russia after Trump’s return. Turnover in bilateral trade with America increased by 20%, the Russian president said. Volumes remain much lower than a decade ago as both express interest in doing business.
Share link:In this post: Foreign holdings of U.S. Treasuries hit a record $9.13 trillion in June, rising $1 trillion from last year. Japan and the UK increased their holdings, while China kept its level flat at $756.4 billion, its lowest since 2009. India and Hong Kong cut their Treasury exposure, and overall net capital inflow to the U.S. plunged 75% from May.
Share link:In this post: Ethereum is nearing its $4,800 all-time high after gaining 40% in the past month. Inflows into U.S.-listed Ether ETFs hit $2.9 billion, signaling strong institutional demand. Ethereum’s DeFi TVL has surged past $90 billion, close to its 2021 peak of $108 billion.
Share link:In this post: US-based spot crypto ETFs saw $40 billion in trading volume for the first time ever. Ether ETFs are on a roll, with the products beating Bitcoin ETFs in net inflows for five consecutive days. Bitcoin and ETH had impressive price movements during the week, although price correction has now set in.
- 16:18Moonbirds Partners with Football.Fun, Allowing NFT Holders to Claim Pro Pack and 2,000 Reputation PointsAccording to ChainCatcher, Moonbirds announced on social media that the project has formed a partnership with Football.Fun, a sports prediction app on the Base chain. By connecting or delegating a wallet holding Moonbirds to a user's Football.Fun account, users can claim a Pro Pack card pack and 2,000 reputation points for free. The card pack and points will be automatically credited to the user's account 48 hours after connecting the wallet. ChainCatcher also reports, citing Dune data, that Football.Fun, the sports prediction app with a rewards mechanism on the Base chain, has now reached a cumulative total of 10,738 active user wallet addresses, with a total value locked (TVL) of $10.79 million and cumulative revenue of $1.54 million.
- 16:18Zelensky: Ukrainian and US Teams to Hold Talks on the Possibility of Peace Negotiations with RussiaAccording to a report by Jinse Finance, citing CCTV News, on August 25 local time, Ukrainian President Zelensky met with visiting Norwegian Prime Minister Støre. At the joint press conference following their meeting, Zelensky stated that he would meet with U.S. Special Envoy for Ukraine Affairs Kellogg, who is currently visiting Ukraine. The Ukrainian side will also hold talks with the U.S. team this weekend to discuss the possibility of peace negotiations between Ukraine and Russia. Zelensky noted that the Ukrainian team is in close contact with the United States and other parties. Once a basic framework for security guarantees for Ukraine is reached among all parties, Ukraine will consult with the U.S. to determine whether Russia is prepared to hold talks. He also mentioned that Norway has joined the plan to purchase weapons from the United States, and Ukraine hopes to receive at least $1 billion in support from this plan each month. At the press conference, Støre said that Norway and Germany have provided Ukraine with two sets of Patriot air defense systems and supporting missiles to help Ukraine counter drone and missile attacks. He also plans to propose to the Norwegian parliament an $8.5 billion aid package for Ukraine next year.
- 16:14NVIDIA launches mass production of Jetson AGX Thor, a computing platform designed specifically for robotsAccording to Jinse Finance, NVIDIA has officially launched its Jetson AGX Thor developer kit and production module, a computing platform specifically designed for robotics applications, which is now fully available on the market. The new Jetson AGX Thor developer kit starts at $3,499 and is now open for sale to customers worldwide, including those in China.