Apple raises subscription prices for Apple TV and Apple One, continuing its service business price hike strategy.

Beating AI Express News reports that Federal Reserve Chair Kevin Warsh focused on artificial intelligence in his speech at the Jackson Hole Symposium, describing current AI development as a "historic turning point" whose progress has outpaced even the most optimistic forecasts from years ago. Warsh noted that corporate capital expenditure is growing at its fastest pace since 2021, with an approximate 9% increase over the past four quarters, more than half of which is tied to AI infrastructure. Going forward, he will focus on the "second-order change" in AI-related capital expenditure growth – namely, whether the growth rate will continue to accelerate. Warsh added that the annualized token sales of two leading AI companies now exceed $100 billion, a more than 500% increase from a year ago. He stated that the Federal Reserve views AI as "a new variable" that could become a new factor of production, with its development impacting economic growth and monetary policy formulation. Warsh also raised unresolved questions: whether AI can drive sustained productivity gains, whether token usage is complementary or competitive with labor, and which entities will ultimately capture the economic surplus generated by AI – AI labs, chipmakers, energy suppliers, or cloud service providers.

According to Onchain Lens, the wallet linked to Bitwise’s BHYP Hyperliquid ETF has staked approximately $74.9 million worth of HYPE. The address recently delegated an additional 188,790 HYPE tokens, valued at around $15.19 million, roughly two hours ago. The relevant on-chain address is 0x6183AeCb22b09b4CB167F2B42C611243C7E74318.

According to Onchain Lens monitoring, over the past several months, four wallet addresses have collectively withdrawn 675,000 HYPE tokens from Coinbase, valued at approximately $53.92 million, then transferred the funds to Hyperliquid for staking. Currently, the total value of HYPE staked by these four wallets exceeds $50 million. The relevant addresses are: 0xc0f5Cf95FE2152DDfd2867907800052C2B5Dba470, 0x193842c58A6ba8B1cBfD573CD35421a92a5cf2190, 0xd78F0921d88C22d74Bc776D82B7f057893e308Fc, 0xA2c5D94c46d4e24Def674734F035aef73450E7b7.

According to Onchain Lens, the native token AVICI of crypto bank project Avici is suspected to have been hacked, with losses totaling roughly $1.02 million. The attacker transferred the stolen 10,000 SOL to another wallet, converted it to approximately $1.02 million worth of USDC, then swapped the funds for around 418 ETH via cross-chain operations. The related funds are now suspected to have flowed to a Tornado Cash deposit address; the attacker’s wallet address is FVNFzqAny8spWdPmYw6RQ9TkYa29ueFFiqCFD1gQnCEj.

Per monitoring by crypto analytics account Ai Yi, the Bit-linked entity that previously earned $55.095 million from ETH long positions has added to its holdings again. Its new associated address 0x6c9…259a4 opened 8,000 ETH long positions during ETH’s early-morning price drop today, with an average entry price of approximately $2,440.49. The entity’s total ETH long positions have now risen to 29,500, valued at around $72 million, shifting from an unrealized profit to an unrealized loss of roughly $1.042 million, making it the fifth-largest ETH position on Hyperliquid.

U.S. stocks closed on Friday: The Dow Jones Industrial Average initially closed down 0.02%, the S&P 500 fell 0.25%, and the Nasdaq dropped 0.52%. Major tech stocks had mixed performances: Marvell Technology (MRVL.O) tumbled 10.28%, NVIDIA (NVDA.O) declined 4.57%, Intel (INTC.O) fell 2.85%, and Tesla (TSLA.O) dropped 1.71%. Gainers included Amazon (AMZN.O), up 3.97%, Alphabet (GOOG.O) gaining 1.74%, and Apple (AAPL.O) advancing 1.63%. All crypto-related concept stocks declined: MicroStrategy (MSTR) fell 7.34%, CRCL dropped 7.53%, Coinbase (COIN) declined 6.33%, BMNR fell 7.14%, SBET slid 7.66%, and PURR plunged 9.51%.