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Raydium announced that its LaunchLab now allows the free creation of trading pairs with any token.

53 minutes ago

Raydium, a decentralized exchange (DEX) in the Solana ecosystem, announced that its LaunchLab now supports trading for any token pair on the platform. This upgrade brings a flexible trading pair mechanism directly to the Solana ecosystem, delivering deeper liquidity, lower transaction fees, and a more favorable market environment for meme coin trading.

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Cozy Finance has suffered a sustained attack on Optimism, with approximately $170,000 in funds stolen.

Per Blockaid's monitoring, DeFi risk management protocol Cozy Finance’s deployment on the Optimism blockchain is facing a sustained attack. Attackers have so far stolen around $170,000 in assets. Blockaid has since released preliminary attack details, flagging the malicious transactions and linked attacker addresses. Multiple attacker addresses have been confirmed, plus one token address suspected to have been exploited in the breach. It remains unclear whether the attack is still ongoing, and users are advised to exercise caution when interacting with Cozy Finance-related smart contracts.

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South Korea's KOSPI index closed up 4.6%, while SK Hynix rose 8.26% at the close.

According to Bitget market data, South Korea’s KOSPI index closed up 308.19 points on Monday, September 7, with a 4.61% gain to end at 6995.4 points. SK Hynix rose 8.26% in closing, while Samsung Electronics gained 5.68%.

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Ethereum (ETH) fell below the $2,500 mark, posting an intraday gain of 0.79%.

According to HTX market data, Ethereum (ETH) has fallen below the $2500 threshold, currently trading at $2497.3, with a daily gain of 0.79%.

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Jefferies Cuts Zhipu’s Price Target to HK$1,183.79; ARR Guidance Beats Expectations, Though Sustainability Remains In Question

Jefferies released a report noting that Zhipu AI’s 2026 annual recurring revenue (ARR) guidance of $2.4 billion exceeds expectations, though its sustainability is in doubt due to a high August base, uneven growth in computing power supply, high customer concentration, and low switching costs. The report adds that while Zhipu Cloud’s gross margin improved in the first half of 2026, it may decline in the second half amid the launch of new domestic GPU clusters and the resumption of its Coding Plan. Jefferies cut Zhipu’s target price to HK$1,183.79 from HK$1,299.8, maintaining a “Hold” rating. The bank revised Zhipu’s 2026–2029 revenue forecasts upward by 37% to 119%, reflecting accelerated growth in its cloud segment, and lowered net loss projections by 14% to 21%. In its sum-of-the-parts valuation, the cloud segment’s multiple was reduced from 50x its 2026 forecasted ARR to 30x to better align with overseas peers. Jefferies still views China’s large language model (LLM) sector as overcrowded, and favors full-stack cloud service platforms with advantages in computing power, data, and monetization over independent AI labs, such as Alibaba (09988.HK) and ByteDance.

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OKX Wallet Launches DeFi Loop Yield Farming, Enabling One-Click Setup of Leveraged Yield Positions

According to official announcements, OKX Wallet has officially launched its DeFi cycle yield product, integrating operations including deposits, swaps, and borrowings into a single transaction, enabling users to build leveraged yield positions with one click on X Layer. The feature is now available on the "DeFi" page of the OKX App. The product integrates Aave lending, Pendle yield markets, and X Layer liquidity, supports custom cycle counts, and allows users to view estimated returns, borrowing costs, and liquidation prices before placing an order. Separately, OKX Wallet’s USDG interest rate hike campaign has been extended: eligible PT-USDG holdings will automatically retain their rewards, and when combined with the cycle yield strategy, the maximum APY reaches 34.6%.

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Codex reset card allegedly shrunk by 50%? Tibo: It’s the same as the normal limit.

Dongcha Beating AI Flash News: OpenAI recently rolled out GPT-6 Astra in batches, issuing Codex quota reset cards to Plus, Pro, and Business users who received access later. Some users have found their quota depletes significantly faster after using the reset card. A user compared records of 14% of weekly quota consumed before and after the reset: pre-reset, they used around 114 million input tokens and 738 model responses; post-reset, only 63.6 million tokens and 489 responses. Based on this, the user estimated the reset card only provides half of the normal weekly quota. However, the data is not strictly comparable: Astra was used in both periods, but the inference tier and agent usage patterns differed. Codex lead Tibo subsequently denied the claim, stating there is no difference in available quota before and after the reset.

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