Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

Insight Beating AI Flash News: Agent collaboration platform Raft, founded by Richard Qian, former author of Kimi CLI, has released its source code, but is temporarily not accepting external Pull Requests and has not made its internal commit history public. The public GitHub repository is only a release mirror; actual development remains in a private repo, with a full code snapshot synced each version release. The Raft team argues that coding agents have made writing code far too cheap. Generating a seemingly reasonable patch is easy, even generating ten at once is not difficult, but maintainers still spend significant time understanding, verifying, and reviewing this code. In many cases, after reviewing code generated by others using agents, maintainers would rather have their own agents reimplement the code per requirements. Thus, the team aims to explore a "Prompt Request" model: contributors will not necessarily submit code directly, but first outline the problem to solve, its value, and constraints and tradeoffs, before maintainers and agents decide on implementation. This mechanism is not yet officially open; Raft’s GitHub Pull Requests and Issues are currently closed. Raft also challenges the value of traditional commit history. The team believes that with agents in development, rather than tracking every code change, "decision history"—including why changes were made, what approaches were tested, and issues identified by agents—may be more useful. Notably, Raft is source-available, not traditional open source. The FSL-1.1-ALv2 license permits users to view, run, and modify the code, but prohibits using it to offer competing commercial products or services. Each version will automatically convert to Apache 2.0 two years after release.

Poker pro and crypto investor Hu Zhewen made heavy bets in three crypto booms, including algorithmic stablecoins and AI tokens, but suffered a string of losses. Between May 2021 and May 2022, he poured around $80 million into algorithmic stablecoin TerraUSD (UST) and its sister token LUNA. At its peak, his holdings were worth over $800 million, but LUNA’s price later plummeted to near zero. Hu claimed he once invested in blockchain project Stratis, earning a return of “over 1,000 times”. Hu has filed a lawsuit in Chicago, U.S., against global quantitative trading giant Jump Trading, its crypto-related affiliates and executives, seeking at least $500 million in damages. Separately, Hu bet on a new project by Chinese computer professor Zhang Yongfeng last January. Zhang joined Tsinghua University’s Department of Computer Science in 2007 and currently serves as a tenured associate professor in the Department of Computer Science at Rutgers University in the U.S. He has been sued by Hu on multiple charges including “securities fraud”. The token issued by Zhang’s institution, in which Hu invested millions of dollars, has fallen more than 99.6% from its 2025 peak, according to reports. Public records show Hu is a world-class Texas Hold’em poker player: the World Series of Poker (WSOP) website currently lists 58 money finishes, 5 final table appearances and total tournament earnings of around $1.67 million for him. Four years ago, in the $10,000 buy-in SuperMILLION$ high-stakes tournament, Hu reached heads-up against a New Zealand professional player, finishing second and taking home nearly $760,000 — the largest single-event prize of his documented poker career. (Caixin)

According to a report by The Jerusalem Post, Iranian Foreign Minister Abbas Araghchi told reporters on Thursday on the sidelines of the UN General Assembly in New York that Iran has submitted a proposal to the United States to reopen the Strait of Hormuz within seven days. Araghchi stated that the proposal will be advanced based on the memorandum of understanding reached between the two countries in June this year, but will only be implemented if specific conditions are met. He said, "I think it would be better if this could be completed before the U.S. midterm elections, but that depends on the decision of the U.S. government." Araghchi also noted that Iran does not care about the specific timeline and is in no hurry to push forward with this process.

According to a report from Spartan Capital, Robinhood Chain launched its mainnet on July 1, 2026. As of the end of August, on-chain DEX trading volume rose to $1.5 billion, total value locked (TVL) increased to $711 million, and on-chain gas revenue hit $6.6 million in August. The report shows that most of Robinhood Chain’s August trading volume came from Uniswap, with on-chain fees peaking at $2.1 million on August 31. Robinhood operates the sequencer and collects approximately 90% of on-chain fees. After deducting Ethereum settlement costs and a 10% licensing fee paid to Arbitrum DAO, net revenue in August was around $6 million. For Robinhood Earn, users deposit USDG to lend via Morpho. The deposit size grew from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain’s TVL at the end of that month. Users earn an estimated annual percentage yield (APY) of around 7%, while the lending side’s APY stood at roughly 3.7% at the end of August. The difference is subsidized by reward funds from Morpho and its lending partners. Meanwhile, Robinhood Chain’s meme ecosystem is growing rapidly. As of the end of August, over 340,000 tokens had been issued on the chain, and August application-layer fees reached $114 million. The report notes that trading volume for meme tokens paired with tokenized stocks is also surging; August trading volume for meme tokens paired with Robinhood Stock Tokens hit $518 million. The report points out that current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood’s 27 million funded accounts have not yet migrated to the chain on a large scale. Gas subsidies for Robinhood Wallet will remain in effect until September 29, and Robinhood Earn’s APY is also scheduled to be gradually reduced.

According to GMGN market data, ARGUS, the token of Arc blockchain launchpad ArgusPad, has risen 47.8% over the past 24 hours. Its current market capitalization stands at approximately $27.44 million, with a 24-hour trading volume of around $2.8 million. BlockBeats reminds users that the Arc mainnet has just launched, carrying high early-stage hype risks: most tokens on the network have low trading volumes, insufficient liquidity, and extreme price volatility, so investors should exercise caution.

KelpDAO has issued a statement announcing that Kelp is suing LayerZero and its co-founder Bryan Pellegrino over the rsETH LayerZero cross-chain bridge vulnerability incident earlier this year. The lawsuit alleges the vulnerability originated from LayerZero’s own technical flaws and a breach of its security infrastructure—including LayerZero’s failure to disclose inherent weaknesses and risks in its technology, and its inability to stop attackers from compromising its security infrastructure to exploit the flaw. Over the past several months, LayerZero and Pellegrino publicly blamed Kelp for the incident, but Kelp claims LayerZero had previously reviewed and approved the deployment and configuration of its LayerZero technology in writing. Kelp further stated that following the vulnerability incident, it has taken steps to protect user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain security standard. The lawsuit seeks to hold LayerZero and Bryan Pellegrino liable for the related losses.