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

Germany’s 10-year government bond yield rose to its highest level since April 2011, climbing 3.9 basis points on the day to 3.377%.

Japanese financial brokerage firm Tokyo Tanshi said the probability of the Bank of Japan (BOJ) raising interest rates in September has risen to 97%.

Beating AI News – Tencent’s WorkBuddy Open Platform has officially launched, rolling out its AI agent capabilities to hardware manufacturers, industry application providers, and developers. The first phase offers five core capabilities: Buddy apps, expert tools, Skills, connectors, and hardware. Over 100 co-creation partners have already joined the platform. Hardware integration is the most prominent update this time. The first batch includes 9 co-branded smart hardware products, with partners such as Plaud, Rokid, Insta360, iFLYTEK, Anker, MOMA, and JD Jingzao. Taking Rokid’s AI glasses as an example, demonstrated use cases include data organization, market trend tracking, information lookup, and weekly report drafting. The glasses not only handle Q&A tasks but also act as a task entry point for WorkBuddy. Additionally, over 30 industry applications have been integrated, covering more than 20 sectors including finance, law, healthcare, education, and public welfare. Tencent launched the Buddy AI Ecosystem Co-Creation Program back in June, which initially had only 23 partners. Now with the official platform launch, the partner base has expanded to over 100. Liu Yi, Vice President of Tencent Cloud and Head of CodeBuddy and WorkBuddy, stated the goal is to build WorkBuddy into an "operating system for the agent era".

Kalshi, Polymarket, and Polymarket U.S. combined recorded total trading volume of $45.33 billion in August, a 14.5% month-over-month decline, marking the first monthly drop since August 2025. Kalshi’s August volume stood at $37.17 billion, down 7.3% from July’s $40.1 billion; Polymarket and its U.S. platform together notched $8.16 billion in August, a 36.7% decrease from July’s $12.89 billion. Despite the overall pullback, August’s trading volume remained notably higher than May’s $25.66 billion. Earlier forecasts had predicted that prediction market trading volumes would get a lift from the World Cup this summer, with the tournament running from June 11 to July 19, which spurred a clear rise in market activity. Meanwhile, Kalshi and Polymarket are now facing additional scrutiny from U.S. state regulators; more than a dozen states have taken enforcement actions or filed lawsuits against the two platforms, with disputes focusing mainly on sports-related contracts.

According to Bitget market data, the Nikkei 225 index closed down 1,889.70 points on Wednesday, September 2, a 2.85% drop, at 64,325.64 points. South Korea’s KOSPI index closed down 273.08 points on Wednesday, September 2, a 3.99% decline, at 6,562.72 points; SK Hynix fell 4.7%, while Samsung Electronics dropped approximately 4%.

Beating AI Express, September 2 — Flop Labs, led by CEO Arthur Hayes, is building a computing power marketplace for AI agents, positioning its FLOP token as the native payment asset for AI agents to access resources like computing power and memory. Flop Labs noted that Nvidia’s quarterly data center revenue reached $89 billion, growing 117% year-over-year, yet users still often need to contact sales teams to inquire about hourly GPU computing power prices. The project aims to make computing power publicly priced and traded like commodities such as oil and grain, enabling AI agents to purchase computing power directly from miners, while validators re-execute partial computational tasks to verify the work provided by miners. Its core mechanism revolves around "Proof of Useful Inference": miners supply GPU computing power to process AI inference requests, validators check the computational results, and AI agents use FLOP to pay for computing power and related resources. Currently, Flop is still in its early stages; the project previously announced plans for a large-scale FLOP airdrop in the fourth quarter of 2026, and to launch its genesis block in the first quarter of 2027.