A crypto whale unstaked 907,000 HYPE tokens and transferred them to Bybit, worth approximately $7.59 million.

According to Iranian media outlet PressTV, Iranian Parliament Speaker Mohammad Bagher Ghalibaf reposted an earlier post of his own to respond to remarks by US Central Command Commander Michael Kurilla, who claimed US forces have full control over the Strait of Hormuz and cut off Iran’s oil exports. Ghalibaf stated: “The rules of engagement in this war are clear: either everyone can sell oil, or no one can. If our security is not guaranteed, then no infrastructure will be safe. The Strait of Hormuz can only be secured without the presence of US forces. We have repeatedly stated that the Strait of Hormuz will not revert to its pre-war status.”

Insight Beating AI News Flash: NBA star Kevin Durant may have earned nearly $60 million from his investment in Hugging Face. Sports business journalist Joe Pompliano reported that Durant and his business partner Rich Kleiman invested in Hugging Face early on. They contributed $100,000 in the AI startup’s 2018 seed round and another $150,000 in its 2019 Series A round, totaling just $250,000. Based on Nvidia’s $12.9 billion acquisition of Hugging Face, these two early investments are now estimated to be worth over $60 million. The $250,000 outlay translates to a gross return of more than 240 times. This figure is even higher than Durant’s salary for a single NBA season; he currently plays for the Houston Rockets, with a 2026-27 season salary of roughly $43.9 million. Durant later also participated in Hugging Face’s Series B and C financing rounds, though the amount of additional capital he invested has not been made public. As such, the $60 million and 240x return only reflect estimates of the value of his first two $250,000 investments, not Durant’s total final gains from Hugging Face.

According to HTX market data, SOL has fallen below $105, currently trading at $104.97, with its 24-hour price increase narrowing to 1.05%.

Changxin Technology announced that its operating revenue for the first half of 2026 reached 150.31 billion yuan, surging 873.64% year-on-year. Net profit attributable to the company’s listed shareholders stood at 77.605 billion yuan, compared with a net loss of 2.332 billion yuan in the same period of 2025, marking a year-on-year turnaround from loss to profit. (Jinshi)

Latest data from Bitget shows that in August, the platform’s TradFi perpetual contracts recorded a cumulative trading volume exceeding $100 billion, with the number of daily trading users rising by over 10% month-over-month. As of now, Bitget supports a total of 295 stock contract underlyings.

Beating AI News Brief: Google has launched Gemini Omni 1.1 Flash, an updated version of Gemini Omni Flash that debuted in May and opened its API beta at the end of June. The new version still generates videos up to 10 seconds per single output, but adds video continuation support to the Omni API for the first time. After generating a video, users can extend it further, adding up to 10 seconds each time, with a maximum total length of 40 seconds for a continuously extended video. When extending, the model references up to 10 seconds of previous footage to ensure characters, actions, and plot flow smoothly. Omni 1.1 also adds start and end frame control: users can provide a starting image and an ending image, and the model will automatically generate the continuous video in between. For example, if specifying a shot where a character starts in the distance and ends up in front of the camera, the model will fill in the entire movement sequence. A cheaper 360p draft mode is also introduced, with the official noting system throughput is boosted by up to 60% and costs roughly one-third of 720p. API pricing is set at $0.03 per second for 360p, $0.10 for 720p, $0.15 for 1080p, and $0.30 for 4K. Notably, 1080p and 4K outputs are upscaled, not native high-resolution generation.