Jack Dorsey’s payment company applies for a U.S. federal trust bank charter.

Tether CEO Paolo Ardoino announced in a post that Tether’s P2P team is developing a peer-to-peer (P2P) search engine, scalable to thousands of nodes, and featuring high availability and censorship resistance via a self-organizing fault-tolerant data structure. He disclosed that the team’s test environment has successfully distributed the full Wikipedia archive across 100 nodes, with search functionality fully supported and outstanding overall performance.

Goldman Sachs Global Head of Metals Trading Anthony Kim said that gold’s more than seven-month correction since February this year does not signal the end of its bull market, but rather an “extended pause”. He noted that uncertainty over the policy stance of the new Federal Reserve Chair, along with Iran’s conflict disrupting energy markets and impacting capital flows, has exerted temporary pressure on gold prices. However, Goldman Sachs maintains its bullish outlook, arguing that the area near $4,000 is supported by sovereign buyers and institutional funds, marking a “fairly solid bottom”. Anthony Kim suggested that if gold prices approach $4,000 due to data volatility ahead of the Fed’s September policy decision, investors can gradually build long positions. Goldman Sachs previously projected that, driven by factors including central banks’ continued gold purchases, gold prices could rise to $4,900 per ounce by the end of 2026.

According to Bitget market data, South Korea’s KOSPI index posted an intraday gain of 2.00%, SK Hynix rose 3.63%, and Samsung Electronics gained 1.48%.

According to monitoring by ai_9684xtpa, a whale that has been dollar-cost averaging (DCA) into WBTC since 2022 has deposited a total of $24.1 million worth of WBTC to Binance since August 10. The whale’s selling range spans from $62,000 to $79,000 per WBTC. Nine hours ago, the address again appeared to dump 30.1 WBTC, valued at approximately $2.37 million.

StoneX Financial, the brokerage and equity research arm of StoneX Group, has initiated coverage on Robinhood with a "Buy" rating, setting a $170 price target—roughly 45% above Robinhood’s Tuesday closing price of $117.34. StoneX analyst Mark Palmer noted that nearly all of the firm’s operational metrics are accelerating. StoneX’s equity research team currently covers over 350 companies. The firm views Robinhood Chain and its prediction markets business as Robinhood’s new growth drivers. As of September 3, Robinhood Chain’s daily fee revenue stood at approximately $4.59 million; StoneX projects it will generate around $980 million in revenue by fiscal 2029, with an 85% margin. Additionally, Robinhood’s prediction markets segment recorded 13.6 billion event contracts traded in the second quarter, generating roughly $156 million in revenue, a 50% quarter-over-quarter rise.

According to official news, Layer 1 blockchain Linera announced in a statement that the LNRA community round subscription period has concluded, falling short of its minimum target of 1.5 million USDC. A total of 617 participants from 69 different countries subscribed 848,000 USDC. Linera will process refunds, with funds returned to participants’ original wallets. The official will release a follow-up progress announcement after the refund period ends.