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Japanese and South Korean stock indices closed sharply lower on Wednesday.

39 minutes ago

According to Bitget market data, the Nikkei 225 index closed down 1,889.70 points on Wednesday, September 2, a 2.85% drop, at 64,325.64 points. South Korea’s KOSPI index closed down 273.08 points on Wednesday, September 2, a 3.99% decline, at 6,562.72 points; SK Hynix fell 4.7%, while Samsung Electronics dropped approximately 4%.

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Robinhood ecosystem meme coin MOO briefly surges past $30 million in market cap, up over 115% in 24 hours.

According to GMGN data, the Robinhood ecosystem Meme coin MOO briefly exceeded $30 million in market capitalization, and is now trading at $28.52 million, with a 24-hour increase of over 115%. MOO is a stock-themed Meme coin on RH Chain, whose trading pair MOO/MU is directly paired with the tokenized Micron stock on Robinhood Chain. BlockBeats reminds users: Most Meme coins lack practical use cases and are highly volatile; please protect your assets and avoid FOMO.

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Dyson's new product: $499 AI toothbrush with a camera that automatically locates gaps between teeth.

Insight Beating AI News Flash: Dyson has officially entered the oral care sector, launching the CameraJet electric toothbrush priced at $499.99. The device integrates an electric toothbrush, water flosser, and camera. When brushing, the camera automatically identifies interdental gaps and triggers automatic mouthwash spray to rinse. The brush head’s 100,000-pixel macro camera analyzes 28 frames per second. Trained on 470,000 dental images, its machine learning system activates the spray jet within 100 milliseconds once it detects gaps between teeth. The camera also streams real-time oral footage to the MyDyson App; Dyson states the footage is not recorded or stored on the device or cloud. To prevent toothpaste foam from blocking the lens, Dyson has developed specialized foam-free toothpaste and low-foam mouthwash. The base can refill the toothbrush’s 12.5ml mouthwash tank in 3 seconds. The toothbrush took 6 years to develop, with 661 engineers involved. The company says the entire system runs on 16 million lines of code.

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Strategy CEO: The company will not make decisions based on Bitcoin prices, and its net debt has dropped to zero.

Strategy CEO Phong Le told Bloomberg in an interview, "We do not make decisions based on Bitcoin’s specific price. So what have we done? Over the past two months, while we haven’t purchased additional Bitcoin, we’ve strengthened our balance sheet. Currently, Strategy holds $72 billion in total assets, including $65 billion in Bitcoin and $7 billion in U.S. dollar reserves, with the reserves rising 34% over the period. Meanwhile, Strategy has cut its net debt from roughly $7 billion to zero. As a result, by strengthening our balance sheet, we’ve actually boosted our equity value, making selling MSTR to buy Bitcoin more profitable. That’s the shift we’ve seen over recent months. Now, this gives us a 'bulletproof' balance sheet — a 'fortress-style' balance sheet." Earlier reports noted that Strategy resumed its Bitcoin accumulation last week after a two-month pause.

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An early SHIB whale transferred out 600 billion SHIB tokens, still holding $478 million worth of the token.

According to Yuqing Monitoring, the "top-ranked address" that purchased 103 trillion SHIB (accounting for 17.4% of the token’s total supply) with just 37.8 ETH in 2020 transferred out 600 billion SHIB (valued at approximately $3.09 million) today. At SHIB’s all-time high price in 2021, the 103 trillion SHIB held by this address was worth $9.1 billion. To date, the address has sold 10.06 trillion SHIB for $66.6 million, and currently still holds 93.27 trillion SHIB, valued at around $478 million.

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Germany’s 10-year government bond yield has risen to its highest level since April 2011.

Germany’s 10-year government bond yield rose to its highest level since April 2011, climbing 3.9 basis points on the day to 3.377%.

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Japanese financial brokerage firm Tokyo Tanshi reports that the probability of the Bank of Japan raising interest rates in September has risen to 97%.

Japanese financial brokerage firm Tokyo Tanshi said the probability of the Bank of Japan (BOJ) raising interest rates in September has risen to 97%.

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