Trader 'Ma Ji' saw partial liquidation of his Ethereum (ETH) long positions again, incurring a $2.43 million loss over nearly a month.

Beating AI News – AI music platform Suno has released its new generation models: v6, v6-wild, and the free v6-mini, while retiring all previous models. The v6 model focuses on stability and controllability, while v6-wild is more random and experimental. This marks Suno’s first collaboration with music companies including Warner Music, BMG, and Believe to develop new models, now using licensed music for training. Earlier, Warner sued Suno, and Believe once banned the distribution of Suno-generated songs. However, the first wave of user feedback has been poor. Many long-time users complain that v6 is more muffled, has muddier vocals, and is more homogeneous than v5 and v5.5, even demanding the restoration of the old models.

Robinhood-linked crypto, meme coin, and stock launch platform Long.xyz founder Nate posted that in the coming days, the team will "build a launch mechanism independent of the on-chain/crypto/meta cycle." Nate noted the market "still greatly underestimates the narrative space, launch dynamics, and capital scale of the stock market, compared to anything we’ve witnessed before. We’ve already started seeing this play out on LONG; every top pair on the platform is building its own unique narrative and launch strategy. Once we move beyond relying solely on CT (Crypto Twitter), the space will become 1,000 times larger and more PVE."

Binance Alpha 2.0 will support NES token contract swaps on BNB Smart Chain (BEP20). The scheme is set to cover Binance Alpha users as follows: Those who held NES before 22:51 Beijing Time on August 24 (when deposits and withdrawals were disabled), and whose eligible NES holdings as of 12:00 Beijing Time on September 5 (when trading was suspended) will undergo a 1:1 token contract swap. NES purchased after 22:51 August 24 will not be included in this swap and will be refunded separately. Users holding a net long NES position between 22:51 August 24 and 12:00 September 5 will receive an official email within 7 working days detailing their eligible refund terms. Nesa (NES) trading on Binance Alpha 2.0 is expected to resume at 16:00 Beijing Time on September 10.

Solana treasury firm SkyAI will hold its annual general meeting on September 18. Potential acquirer Forward Industries has publicly called on shareholders to oppose the re-election of five incumbent directors and reject the 2026 equity incentive plan, which would authorize the addition of 5.145 million new shares for equity compensation. Earlier, Forward proposed an all-stock acquisition offer of 0.367 FWDI shares per SKYA share, a roughly 20% premium, but was unanimously rejected by SkyAI’s board in July. Meanwhile, shareholders including Bastion Trading, which holds a 9.99% stake in SkyAI, have filed documents with the SEC, planning to vote "WITHHOLD ALL" on all director candidates, and questioning the company’s recent articles of association amendments, adoption of a poison pill plan without shareholder approval, and related-party transactions. (The Block)

According to market data, China's A-share-listed Unitree Robotics fell nearly 3%, with its share price dropping below 500 yuan per share for the first time, bringing its total market capitalization to 202.1 billion yuan. The stock hit a peak of 1,100 yuan per share on its debut day, pushing its market cap to as high as 444.9 billion yuan at one point. The company has now erased over 240 billion yuan in market value from its peak valuation.

Beating AI News Flash: Legal AI firm Harvey has secured a new $550 million funding round, lifting its valuation to $15.5 billion, with co-lead investors Diffusion and Lightspeed. Back in March, the company raised $200 million at a $11 billion valuation. Harvey provides AI tools for large law firms and corporate legal teams, covering contract review, due diligence, litigation support and more. The new capital will be primarily allocated to developing its proprietary models. In August, Harvey launched its first post-trained model, Tenet, built on Moonshot AI’s Kimi K3 base model; it is continuing to fine-tune Tenet with Fireworks for long-cycle legal tasks. Harvey is a portfolio company of OpenAI Startup Fund and has previously co-developed legal models with OpenAI. It now proactively opts for lower-cost base models when performance is comparable. Harvey’s annual recurring revenue (ARR) has exceeded $400 million, with over 3,000 clients, up from 1,300 in March. The company’s total cumulative funding raised surpasses $1.5 billion.