BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Meme coin LAPTOP, launched by Hunter Biden, son of former U.S. President Joe Biden, announced its airdrop details on social media, stating that 20% of the token’s total supply will be distributed for free to the community. 2% of LAPTOP’s total supply is reserved to compensate investors who suffered losses from Trump-themed memecoins and other related projects. This portion will be allocated to eligible users via participating exchanges, with specific eligibility criteria set by the partners. Eight percent of the total supply is earmarked for readers who were subscribed to Hunter Biden’s Substack newsletter as of September 6, 2026. Another 10% of the total supply is set aside for future community airdrops, with distribution methods determined at the sole discretion of the Phoenix Veritas Foundation. The claim portal will open concurrently with the token’s launch, scheduled for 8:00 AM ET on September 9, 2026 (20:00 Beijing Time the same day). Community members can complete their claims within 30 days of the launch.

Hunter Biden, son of U.S. President Joe Biden, posted on social media to respond to community controversy, opening up for the first time about his mindset behind launching the token. He stated that the token’s name, LAPTOP, derives from the highly controversial "Hunter Biden laptop" incident, adding that the symbol once used to attack him will now stand for "resilience, redemption, and recovery". Hunter Biden bluntly noted that no one should expect him or anyone else to drive the token’s value higher, emphasizing that LAPTOP is not just about what you "own"—it is far more about what you "express".

Beating AI Express News: According to an announcement from DeepSeek Open Platform, DeepSeek will slash the call prices for its Flash series models starting at 12:00 Beijing Time on September 10. The maximum price reductions for cache hits, cache misses, and outputs are 60%, 33.33%, and 11.11% respectively.

According to an announcement by S&P Dow Jones Indices, Nike (NKE) will be removed from the S&P 100 index ahead of the U.S. stock market opening on September 21. The adjustment is part of the index’s quarterly rebalancing. Nike has been included in the S&P 100 for nearly 18 years since joining in 2008. Notably, Nike is only being removed from the S&P 100 this time, and will remain in the S&P 500 index. According to market data from BIT (Bit.com), as of the close of trading on September 8, Nike’s stock price stood at $38.10, down 0.78% on the day, and has dropped more than 50% from its 52-week high of $76.97.

US Treasury Secretary Scott Bessent has challenged traders attempting to short the yen, claiming he now holds "insider information" when making market judgments. "Whenever someone says, 'Oh, the Treasury Secretary is taking a risk here,' I think that’s exactly what I want, because I have asymmetric information," Bessent said. A former hedge fund executive, he recalled several instances of his market interventions, including the joint yen-buying operation with the Japanese government on July 31. The yen rallied sharply at the time, but gave back those gains over subsequent trading sessions, in part because traders noted the US Treasury had limited funds available for foreign exchange purchases. "I’m the house now, so when we intervene in the yen market, I have a pretty good sense of what the Japanese government, the Bank of Japan, and Japanese policymakers will do. And if you want, you can bet against me," Bessent said.

According to monitoring by OnchainLens, Galaxy Digital transferred 952,700 HYPE tokens to Bybit and OKX over the past four hours, worth approximately $8.11 million. Of the total, 364,200 HYPE tokens (valued at around $3.1 million) were sent to Bybit, while 588,500 HYPE tokens (worth roughly $5.01 million) were transferred to OKX.