Robinhood CEO: Tokenization will Bring U.S. Capital Market Advantages to the World

According to Lookonchain monitoring, after Shivon Zilis reposted a post containing the SLINK contract address and Elon Musk subsequently replied, SLINK's market cap surged to $80 million at one point. After Shivon deleted the relevant post, SLINK's price plummeted more than 80%. Analysts noted that in this market movement, over 30 suspected insider wallets bought SLINK in advance and sold quickly, reaping a total profit of over $4.7 million, with the highest return exceeding 1,200 times. Meanwhile, numerous traders who followed the trend to buy suffered losses.

Arbitrum issued a clarification stating that Robinhood Chain did not experience an outage today. Batch publishing delays occurred on Robinhood Chain due to Blob activity on the L1 market, but transactions initiated directly by users were not affected. Arbitrum noted that some infrastructure service providers relying on Robinhood Chain’s data streams faced brief performance issues due to the high volume of subscribed data sources. Robinhood Chain is currently operating normally.

According to Lookonchain’s monitoring, a trader executed two consecutive FOMO trades within a single day, logging a total loss of roughly $907,000. The trader first spent $916,500 to purchase 7.28 million MEME tokens at $0.126 apiece, then sold the entire holding for just $353,000, taking a $563,000 loss equivalent to a 61.45% drop. Next, the trader deployed an additional $356,000 to buy 8.93 million SLINK tokens at $0.04 each, only to sell them for approximately $12,000, incurring a $344,000 loss with a 96.62% plunge. BlockBeats reminds users: Most meme coins lack real-world use cases and are subject to extreme price volatility. Please protect your assets and refrain from FOMO trading.

Beating AI Express News: Xiaomi officially launched Xiaomi-TabLDM today, a general tabular data foundational large model. According to introductions, Xiaomi-TabLDM adopts a single pre-trained model with unified default configurations, which can directly adapt to different tabular datasets. It enables classification and regression predictions without requiring retraining, parameter tuning, or post-integration for each individual task. Xiaomi noted that the model is designed to lower the threshold for tabular data modeling, providing general foundational capabilities for structured data analysis and prediction across various scenarios.

Insight Beating AI Flash News: OpenAI has fully rolled out GPT-6 Astra to all Plus, Pro, and Business users. Yesterday, Astra was still in a phased rollout, leaving many Pro users unable to access it; today, both Plus and Pro users can use the model in ChatGPT Work and Codex. Core product lead Thibault Sottiaux noted that the team’s system scaling capability is stronger than expected, enabling them to complete this full rollout quickly. When Astra first launched, it was only available to a small number of enterprise customers. OpenAI originally planned a gradual rollout over several days, but after many paid users waited long for access, Sam Altman apologized for the "messy launch". Now the team says their system scaling is better than anticipated, so they fully opened access to Plus users early, with promised compensations delivered as scheduled. Eligible existing Plus, Pro, and Business users will receive one banked reset each on September 3 and 4. This is equivalent to a Codex full reset voucher that can be used manually later, refreshing both 5-hour and weekly limits. New accounts or plan upgrades made before 11:00 AM Beijing Time on September 5 will also qualify for this reset. While Plus users can access Astra, its limits are not generous. OpenAI currently estimates that Plus users can send roughly 5–45 Astra local messages every 5 hours, compared to 10–100 for GPT-5.6 Sol. Actual consumption depends on task length, inference intensity, and tool calls.

According to EmberCN’s monitoring, in June 2024, Curve founder Michael Egorov’s CRV lending position was liquidated, driving CRV’s price down 48% from $0.46 to $0.24. At the time, some large whales and institutions chose to sell off, while other funds took the opportunity to buy the dip. Notably, address 0x5dC6 purchased 20.86 million CRV at an average price of $0.32, holding onto the tokens even when CRV surged to $1.2 at the end of last year. EmberCN reports that this address took profits roughly an hour ago today, transferring all 20.86 million CRV (valued at around $7.33 million) to OKX at an average price of $0.35. Based on this sale price, the address has realized an approximate total profit of $530,000.