OpenAI officially launches the GPT-5.6 series of models.

According to a Reuters report, a senior Iranian source stated: "There are currently no discussions between Iran and the U.S. regarding extending the ceasefire. From Iran’s perspective, the ceasefire has no effective date, so there is no need for any extension. The U.S. violated the temporary agreement 48 hours after it was reached and withdrew from the agreement a few days later. One of the issues currently under discussion is the U.S. returning to the memorandum of understanding and setting a time frame for the U.S. to fulfill its relevant commitments."

According to Bloomberg, crypto market maker Wintermute plans to invest roughly $1 billion over the next five years in high-frequency trading (HFT) and AI data center infrastructure, while expanding into traditional financial markets including stocks, commodities, and foreign exchange (FX). Wintermute founder and CEO Evgeny Gaevoy stated that the firm aims to gradually transition into a full-service trading house similar to Jane Street or Citadel Securities. Gaevoy noted that competing with institutions that have refined technology and infrastructure in traditional markets for decades requires large-scale investment. In addition to reducing trade execution latency, Wintermute must continuously leverage massive market datasets to train and retrain more complex quantitative models, while securing sufficient computing, storage, and networking resources. The infrastructure investments are expected to be funded primarily by the firm’s retained earnings. Due to the crypto market downturn, Wintermute’s average daily trading volume has dropped from roughly $15 billion last year to $10 billion this year. Currently, around 10% of the firm’s revenue comes from non-crypto markets, with a target to lift that share to over 50% by the end of 2027. The firm has already started trading ETFs, perpetual contracts linked to real-world assets (RWAs), and will launch prediction market trading services in early 2026. Last week, Wintermute announced that its U.S. subsidiary has registered as a broker-dealer, enabling it to trade stocks, stock options, and act as an authorized participant for exchange-traded products (ETPs). The firm currently has 17 employees in New York, with plans to double that local headcount next year, while its global workforce is projected to grow by 40%.

Harmony stated in a post that its team has traced 409 wallets that received fraudulently minted tokens, involving a total of 10,288 transactions, and has alerted partner exchanges to hundreds of suspicious deposit transactions. The affected exchanges promptly blocked the hacker wallets thereafter. Just four hours after the emergency patch was released, 53% of validators have now completed the upgrade. The team continues to advance patch deployment and manage the aftermath of the incident. Regarding the follow-up response, a rollback appears to be the most widely supported feasible solution at present. The team is still formulating a specific plan and is expected to release more details in the coming hours.

Elon Musk said AI has become an "extremely important part" of SpaceX's future, projecting that the company's AI business revenue will surpass all other business segments in September and will "significantly outpace" other businesses in the fourth quarter. He added that AI will account for 99% of SpaceX's valuation within five years. SpaceX has built the "world's most powerful AI training cluster" and plans to expand its existing computing power scale by roughly tenfold by the end of next year, targeting 10 gigawatts of capacity, which corresponds to a potential annual revenue of $300 billion to $500 billion. Musk also predicted that Starlink will carry more than 90% of global internet traffic in the future. He further stated that SpaceX plans to use all of the company's data to train Grok, adding that employees will serve as the "parents" of the AI, with their thoughts, ideas, and beliefs to be inherited by the model. However, he did not provide further details on how employee data will be specifically used for training.

US Securities and Exchange Commission (SEC) 13F filings disclosed on August 11 show that as of June 30, 2026, the Dongfang Harbour Overseas Fund, managed by Dan Bin, held 13 U.S. stocks with a total market value of approximately $1.65 billion, a 45.6% rise from the end of the first quarter. Google Class C shares remained its largest holding, with Intel (15.7% of total holdings) and Nvidia (13.2%) ranking second and third respectively. On the position adjustment front, Dongfang Harbour established new positions in Intel, SanDisk, AMD, Marvell Technology, Arm, Broadcom, and Lumentum, while boosting its stake in Micron Technology to 147,600 shares, a sequential increase of around 102%. In the same period, it trimmed holdings in Google Class C, Nvidia, TSMC, Amazon, and Meta, and fully exited positions in Apple, Tesla, Circle, Google Class A, and two leveraged ETFs. The fund’s focus has clearly shifted to AI infrastructure sectors including semiconductors, storage, and optical communications. It is worth noting that 13F filings only reflect long U.S. stock positions at quarter-end and do not represent current real-time holdings.

As $BTC rose, gambler 0xff84's 1,793 $BTC($114.4M) short came very close to liquidation. The gambler closed part of the position early and avoided liquidation. Current position: 1,543 $BTC($98.97M) New liq. price: $64,225.35