WTI and Brent crude oil both top $100 per barrel, as escalating Middle East tensions stoke supply concerns.

Bitwise Investment Advisers, LLC announced it has decided to liquidate and shut down the Bitwise Dogecoin ETF (BWOW), with the decision taking effect September 10, 2026. The move is part of Bitwise’s ongoing product line optimization to meet evolving investor needs, the firm said. The fund’s final trading day is expected to be Wednesday, October 14, 2026, when it will trade on NYSE Arca. Shareholders may sell their holdings on the secondary market before the close of trading that day. The fund will cease operations after trading ends. On October 22, 2026, remaining shareholders will receive cash payments equal to the net asset value of their fund shares as of October 21, 2026. No action is required from shareholders during this process. Bitwise has coordinated with NYSE to ensure the fund’s orderly delisting and liquidation.

Arthur Hayes wrote in a post that to truly panic Scott Bessent and trigger a sharp ramp-up in money printing, besides the 10-year U.S. Treasury yield hitting 5%, the MOVE index also needs to break through 130, mirroring the situation in late 2023 when Janet Yellen began withdrawing liquidity from the RRP (reverse repurchase facility).

According to market sources, SpaceX’s AI team will build a company from scratch next week, and the entire process will be livestreamed.

Beating AI Express, Anthropic released a new AI abuse investigation report, alleging that Moonshot AI (developer of Kimi) had directly forwarded some Kimi users’ requests to Claude, then displayed Claude’s responses to those users. Anthropic said that within a 10-day window, nearly 300,000 user requests were forwarded in this manner, with the vast majority routed to its Opus model. Moonshot used 5,380 unauthorized accounts for this scheme, and the affected users believed they were still using Kimi at the time. Anthropic also alleged that Moonshot saved some user interactions and used "cross-session replay" to extract Claude’s full reasoning process for training its own models. Between May and July, over 23 million such distillation interactions took place. Some actual user requests included internal corporate code and valid credentials, which were also forwarded to Claude. Anthropic noted it was unaware if these users had been notified that their data would be sent to a third party. These claims currently stem primarily from Anthropic’s internal investigation and have not been independently verified. In response to similar distillation allegations raised earlier by three U.S. institutions, China’s Ministry of Commerce stated the claims are "unfounded and legally baseless," adding that distillation is a common practice in the industry.

According to Bitget market data, the Nikkei 225 index fell 3.00% intraday, currently trading at 63,229.63 points. Kioxia shares dropped 6.6%, SoftBank Group declined 6.3%, and Advantest fell 6.5%.

Beating AI Express: Cognition, the parent company of coding agent Devin, has launched a new programming model, SWE-2. Built directly on Moonshot’s 2.8T-parameter Kimi K3 and further trained via reinforcement learning, SWE-2 delivers a 5-6 percentage point improvement across multiple programming benchmarks. On Cognition’s own FrontierCode 1.1 Main benchmark, SWE-2 scores 50.0%, outperforming GPT-5.6 Sol (47.5%) and Grok 4.6 (48.0%). It lags Fable 5.1 (50.9%) by just 0.9 percentage points, yet is 64% cheaper. GPT-6 Astra scores 53.3%; SWE-2 trails by 3.3 percentage points while costing roughly a quarter of Astra’s price. SWE-2 also brings major efficiency gains over its predecessor: under medium inference intensity, it cuts interaction rounds for task completion by 58% and reduces average costs by 81%. However, on the more challenging Terminal-Bench 4, SWE-2 only scores 27.3%, notably lower than Astra’s 57.9% and Fable 5.1’s 55.8%, indicating it has not yet fully matched leading models. SWE-2 is now live on Devin Desktop and CLI, and is being rolled out to Devin Web and Fusion.