A new address withdrew 44.19 million ENA tokens from Coinbase and subsequently staked them on Ethena.

According to official announcements, Owlto Finance is sponsoring gas fees for Robinhood users and has opened 10,000 free gas subsidy slots. Eligible users include Owlto users, OWL token holders, ARB token holders, and Robinhood trading users. OWL users qualify if they meet either of the following criteria: having completed any activity on Owlto such as bridging, swapping, contract deployment, daily check-in, or staking, or holding more than 100,000 OWL tokens. Each wallet can claim the subsidy at most once every 24 hours. For Robinhood users, they must hold more than 10,000 ARB tokens or have conducted transactions on Robinhood Chain, with each wallet limited to one claim only.

According to official announcements, NYSE-listed company Cango reported Q2 2026 revenue of $50.8 million, with BTC mining contributing $47.4 million and other business income accounting for $3.4 million. As of June 30, the company held 1,056 BTC, with cash and cash equivalents of $10.1 million and long-term debt of $31.2 million. In terms of mining operations, Cango is continuing to phase out less efficient S19 series mining rigs, partially shifting to a hash rate rental model. As of June 30, the company’s self-operated hash rate stood at 19.84 EH/s, with rental hash rate at 7.74 EH/s, bringing total operational hash rate to 27.58 EH/s. In Q2, the company mined a total of 656 BTC, with an average cash mining cost of $73,313 per coin, down approximately 5% from Q1. The company has also begun implementing a BTC hedging strategy to mitigate the impact of price volatility on operating cash flow. On the AI infrastructure front, Cango’s LN mining site in Georgia, U.S., completed renovations in early July, now supporting a maximum capacity of 3 megawatts with reserved space for future expansion. Containerized equipment has been fully installed, while GPU hardware is arriving in batches. The company has signed its first AI customer contract, marking the official shift of its business from infrastructure construction and technical verification to the commercialization stage, with related revenue expected to be recognized starting in Q3. Additionally, Cango plans to develop two models simultaneously: bare-metal GPU hosting and colocation services, though no formal colocation contracts have been signed to date. The company has also deployed test nodes in Texas and the U.S. West Coast to meet customers’ demand for localized deployment, and is evaluating more potential sites and the possibility of building its own facilities.

Recently, Bitcoin has re-emerged with a price premium in the South Korean market. On Tuesday, Bitcoin quoted in South Korean won on Upbit was once about 1% higher than the corresponding price on Binance, a gap that has persisted for roughly a week, marking the longest such stretch since early May. For most of the past months, Bitcoin prices in South Korea have traded below overseas markets; in early June, the discount reached 3.1%, and the overall average discount in August stood at around 0.25%. The return of this premium signals a recovery in risk appetite among South Korean investors.

According to official announcements, Binance will open Alpha airdrop claims and trading at 19:00 today (UTC+8). Users holding at least 250 Binance Alpha points are eligible to claim the token airdrop on a first-come, first-served basis, either until the airdrop pool is fully exhausted or the event ends. For details on the specific airdrop token types and updates on subsequent activities, please refer to Binance’s official website and its social media channels.

According to Lookonchain’s on-chain monitoring, a crypto address spent 181 ETH (around $443,000) to acquire 7.99 million PONS one month ago. Following a price drop, the address sold all 7.99 million PONS, receiving 135,000 USDG in return, for a net loss of $308,000. As of now, the 7.99 million PONS are valued at $3.46 million; had the address not sold at a loss, it would have pocketed over $3 million in profit.

Beating AI Express reports: Celeris has launched Celeris-1 Magnus, a hybrid diffusion Agent model modified from Qwen3.8-27B. The company states the model can achieve over 500 tokens per second in many scenarios. On 97 bank customer service tasks from τ3-Banking, Magnus recorded a 41.2% completion rate when low reasoning was enabled, with a median latency of 55 seconds. For comparison, GPT-5.6 Sol delivered a 38.1% completion rate and a 79-second median latency in the same test. Traditional models generally generate tokens one at a time, while Magnus can produce multiple tokens in a single pass before iteratively correcting them. For content requiring strict sequential generation, it processes in parallel, enabling more tokens to be advanced per computation step.