Nvidia plans to make large-scale investments in data center power.

BitMart announced via its official X account that it is developing a potential restructuring plan as an alternative to a full shutdown. The plan may involve the phased resumption of partial operations under an orderly arrangement and distributions to creditors, though additional legal, financial, operational, and regulatory assessments are still required. The exchange has appointed White & Case as its restructuring legal counsel to assist in evaluating viable options and formulating a framework for the restructuring and phased resumption of operations. BitMart noted that it is currently collaborating with its advisors to develop a roadmap and will aim to provide further updates by September 9, 2026.

Prediction market platform Predict.fun has launched a prediction market for the Honor of Kings KPL Summer Split Phase 3 S Group match between AG Super Play and Talent Gaming (TTG). The match adopts a BO5 format and is currently underway. Notably, users can conduct prediction trading on Predict.fun for all Honor of Kings KPL Summer Split events, with additional markets set to open soon—users are welcome to participate in predictions. Note: Prediction market data may change in real time along with market transactions, please refer to the latest information on the platform.

Cross-chain yield protocol BounceBit has released a security incident notice, stating its blockchain network suffered a protocol-level vulnerability attack from 21:02 UTC on August 19 to 01:54 UTC on August 20. Attackers exploited an authorization flaw in Evmos’ underlying architecture to transfer BB tokens from 9 mainnet accounts without account owners’ authorization. Per the notice, the attackers moved approximately 286.5 million BB via 14 transactions. The incident is limited to BounceBit Chain itself, with no involvement of private key leaks, signature forgery, wallet, hardware device, or exchange account security issues. BounceBit’s CeDeFi Strategy, Promo Vaults, Prime, and RWA products were all unaffected. BounceBit noted the vulnerability stemmed from an authorization validation flaw in Evmos’ protocol-native module. When the attacker called the relevant module via a smart contract, they bypassed the security check that should verify the fund source account’s authorization, allowing them to designate any account as the fund source. After the incident, BounceBit Chain stopped block production at block height 20,702,857. The team decided not to perform a chain upgrade, instead permanently shutting down BounceBit Chain and reissuing BB as a BNB Chain-based BEP-20 token. The new BB supply will be based on an on-chain snapshot taken before the first abnormal transfer (block height 20,697,260). The 286,543,148 BB tokens transferred by attackers will not be included in new balances. Users do not need to submit applications or migrate wallets; the official will automatically distribute new BB to corresponding BNB Chain addresses.

Crypto analyst Rekt Capital has released a technical chart analysis of Bitcoin, noting that the leading cryptocurrency is facing resistance from a macro downtrend line that aligns with the 21-month Exponential Moving Average (EMA). According to Rekt Capital, if Bitcoin stalls at this resistance zone, it could find support at the 50-month EMA (marked in purple). Overall, Bitcoin needs to re-establish these two macro EMAs as new support levels and break through the macro downtrend line to confirm the start of a new bull market. Rekt Capital is a veteran crypto technical analyst boasting 560,000 followers on X.

Crypto KOL Ansem bought over $21,000 worth of the Robinhood chain-based meme coin Artificial Inu on pump.fun early this morning, sparking a wave of market hype. As of press time, per GMGN data, Artificial Inu’s market cap briefly topped $20 million, hitting an all-time high. However, due to recent weak liquidity on the Robinhood chain, the token’s 24-hour trading volume is only $530. BlockBeats reminds users that KOL-led trades carry high uncertainty, and investors should exercise caution.

Solana perpetual contract trading platform GMTrade tweeted a public proposal to soft-acquire Flash Trade, which had previously announced it might cease operations. GMTrade also plans to airdrop GT points to FAF token holders and liquidity providers, with the specific snapshot time pending. The firm stated that while the acquisition is not the team’s ideal exit method, it is a more stable outcome and clear follow-up path for the community under current circumstances. Earlier, Flash Trade had said it would gradually wind down operations if a suitable acquirer was not found. Since then, Flash Trade has been seeking to sell its tech stack, brand, and intellectual property, with proceeds to be distributed to FAF holders proportionally to their holdings.