Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

According to GMGN data, meme coin MOO, listed on Robinhood Chain, once hit a market cap of over $34 million, now trading at $27.79 million, with a 24-hour gain of 40% and a 24-hour trading volume of $4.5 million. The meme coin MOO leverages stock trading platform Robinhood, pairing with tokenized U.S. stock Micron Technology (MU) as its liquidity pool, using the MOO/MU trading pair to provide liquidity. BlockBeats Note: Meme coin trading is highly volatile, largely driven by market sentiment and conceptual hype, with no inherent value or practical use cases; investors are advised to exercise caution.

According to GMGN data, the Meme coin 4Stock on BSC hit a peak market cap of $8.93 million within two hours of its launch, and is now trading at $5.21 million, with a trading volume of $10.2 million in that period. BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept hype, with no actual value or practical use cases. Investors should exercise caution regarding risks.

Beating AI News Flash: Malaysia is seriously considering adopting Huawei’s Ascend 910C to build a sovereign AI infrastructure project valued at 2 billion ringgit (approximately $494 million). The initiative aims to keep sensitive data from government, military, and intelligence agencies within the country. State-owned telecom firm Telekom Malaysia has been named the primary operator, though the final chip selection has not been finalized. The focus is currently on the 910C, not the newer Ascend 950, which remains in limited production. Last year, the U.S. warned that using certain Huawei Ascend chips, including the 910C, could violate American export control rules. The Malaysian government is also considering re-tendering the project to enable direct competition from U.S. vendors such as NVIDIA. This marks Malaysia’s second engagement with Huawei’s AI chips: last May, the deputy communications minister announced plans to deploy 3,000 Ascend chips, but retracted the statement a day later. The government later clarified that the project was private and unrelated to national programs. Now, Huawei is re-entering a formal sovereign AI project backed by the Malaysian government with a 2 billion ringgit investment. If Huawei is ultimately chosen, this would be the first known instance of a foreign government formally selecting a Chinese AI accelerator. Huawei is also competing for an AI data center project with the Egyptian government, marking a genuine entry of Chinese AI chips into overseas national-level infrastructure competition.

According to official announcements, Bithumb, South Korea's second-largest cryptocurrency exchange, will list Cluster Protocol (CP).

Data shows that Point Farm Capital, the top-ranked account on the FOMO platform’s daily leaderboard, currently holds approximately $9.8248 million in assets, with a paper gain of around $713,900 over the past 24 hours. Notably, its path to this paper gain was not smooth: records indicate the account once posted a paper loss of $2.695 million within the 24-hour window, but eventually turned a profit thanks to a sharp rally in STONK, pushing it to the top of the daily leaderboard. According to GMGN data, STONK has just hit an all-time high market cap of $190 million, with a 24-hour price increase of 50% and a 24-hour trading volume of $69.5 million. Data shows that STONK is the token generating the largest unrealized profit in Point Farm Capital’s portfolio, with a holding value of roughly $7.1898 million, cumulative unrealized profit of about $6.7478 million, and a return of approximately 1357.59%. The account’s average entry cost is around $1.3 million, while STONK’s current market cap stands at $176 million.

Boosted by expectations of faster interest rate hikes from the Bank of Japan and potential capital inflows into Japanese assets, the yen has extended its recent rally against the U.S. dollar. During Tuesday’s Asian trading session, the yen rose to a six-month high against the U.S. dollar, surpassing levels hit in late July when the U.S. and Japan intervened jointly in the foreign exchange market to curb the yen’s weakness. After Japanese Finance Minister Katsunobu Kato stated Japan will continue coordinating with the U.S. to ensure market stability, investors remain alert to the possibility of further intervention. Kato said at a Tuesday press conference: “We will maintain close communication with the U.S. Treasury and strive to preserve order in the foreign exchange market. Since the joint currency intervention with the U.S., our policy stance has not changed at all.” Christopher Wong, foreign exchange strategist at Oversea-Chinese Banking Corporation (OCBC) Research Department, noted: “The market has now almost fully priced in a 25-basis-point interest rate hike at next week’s Bank of Japan meeting. Remarks from economic advisor Sanae Takaichi have also driven a shift in rate expectations, with her projecting further tightening after a September rate hike.” (Source: Jin10)