Linera Launches Babbage Testnet

US President Trump announced that the United States will fill its national strategic reserve with Venezuelan oil, and the process to replenish the reserve to full capacity will begin soon.

According to GMGN market data, Robinhood Chain-based token PROLOGUE has crossed $12 million in market capitalization, with a 143% 24-hour gain—hitting an all-time high—and $6.3 million in 24-hour trading volume. PROLOGUE is a pre-governance token on Robinhood Chain, backed by Fables, a dynamic-fee ve(3,3) DEX built on Uniswap v4. Its narrative is: "Every story has a beginning; this is just the prologue." At its Token Generation Event (TGE), PROLOGUE will be converted to the official governance token at a dynamic ratio, used for lock-up voting and fee sharing. BlockBeats Note: Token trading is highly volatile, largely driven by market sentiment and hype; investors should exercise caution.

According to an official announcement, Bitget has launched its USDT-margined "Niu Lai" perpetual contracts, supporting up to 10x leverage. Contract trading bots will also be available simultaneously. For more details, please refer to Bitget's official platform.

Beating AI Insight News Brief: ByteDance’s originally planned August launch of Doubao 2.2 has been delayed. The company will allocate more training time to focus on strengthening coding, tool calling, and agent capabilities. This year, one of Seed’s core goals is to elevate its coding models to the top tier. Internally, the team aims to achieve performance on par with GLM-5.2 and Kimi-K3 by the end of the year, to earn genuine developer recognition for ByteDance’s coding models. In August, Seed underwent a major restructuring: teams originally segmented by text, speech, code, and vision were reorganized into four departments: Pretrain Data, Horizon RL, Product Posttrain-Work, and Product Posttrain-Chat. Horizon RL will handle coding post-training, while the Work team will focus on tool calling, GUI operations, and long-task execution. ByteDance has recently been intensively recruiting for these areas: its official website is hiring Code Agents, general Agents, and reinforcement learning algorithm engineers. One Multi-Agent Harness position explicitly requires research on Coding Agents such as Claude Code and Codex, plus building multi-agent and reinforcement learning environments capable of sustained long runs. When Seed 2.1 launched in June, it already highlighted coding, but ByteDance clearly deemed it inadequate. This time, Doubao 2.2 will delay its launch to first refine its coding capabilities to a more robust standard.

According to YuEjin Monitoring, the address of HyperLabs, the development team behind Hyperliquid, applied to redeem 433,000 HYPE tokens from staking 10 minutes ago, valued at roughly $36.14 million. The HYPE will fully exit staking in 7 days (September 6). Based on prior records, these tokens will be transferred to centralized exchanges via market maker Flowdesk post-staking exit.

Yilihua, founder of Liquid Capital, said: "Over the past decade in the crypto industry, it has been like a small world with its own social dynamics and cutthroat competition. Perhaps because it is too close to money or lacks clear rules, the sector is now dominated by negative voices and its reputation is worsening. I sincerely hope everyone refocuses on the industry’s innovations and opportunities. A new bull market is approaching; on-chain finance—especially tokenized stocks—has huge potential, and there are many meaningful projects and wealth-generating opportunities ahead. Moreover, the entire crypto industry is still in its early stages, and there is also the AI sector, which is dozens of times larger than crypto, worth exploring."