China's 'Four Little Dragons of Domestic GPUs' Suyuan Technology IPO Subscription Lottery Results Released

Nvidia plans to acquire AI startup Hugging Face for $12.93 billion. Last week, Hugging Face’s open-source robotics subsidiary Pollen Robotics unveiled Microduck, a $399 bipedal robot. Standing just 25 cm tall and weighing roughly 800 grams, it packs 15 motors, a camera, LiDAR, and two IMUs. Out of the box, it can walk, sit, grasp objects, and kick balls; it can also get up on its own after falling, and roll around when fitted with wheels. Microduck’s movements can be retrained independently. Users first train its behaviors via reinforcement learning in the MuJoCo physics simulator, then deploy the trained policy to the physical robot. The SDK, simulator, and full reinforcement learning training stack are all open-source, with the entire software suite released under the Apache 2.0 license.

According to GMGN market data, the meme coin microduck, modeled after an open-source robot from Hugging Face, surged over 35% in a short period, with its market cap exceeding $46 million. On the news front, NVIDIA just announced plans to acquire AI startup Hugging Face for $12.93 billion. This meme coin draws inspiration from Hugging Face’s real open-source small robot "Microduck" released on August 27, 2026 — a 25cm duck-shaped reinforcement learning (RL) robot priced at around $399. It has no affiliation with Hugging Face, Pollen Robotics, or NVIDIA officials; it is an independent meme token launched by the community capitalizing on the trend. BlockBeats reminds users: Most meme coins lack practical use cases and are highly volatile. Please protect your assets and avoid FOMO.

According to BusinessWire, bank-led digital currency network Cari has announced the completion of the first phase of its initial external financing round, raising $32.5 million, with all investors being banking institutions. The investors include six of Cari’s design partner banks—First Horizon Bank, Huntington Bank, KeyBank, M&T Bank, Old National Bank, and SouthState Bank—as well as other institutions such as Glacier Bank. Keefe, Bruyette & Woods, a Stifel subsidiary, served as the financial advisor for the transaction.

According to GMGN data, Solana ecosystem meme coin USELESS surged over 50% in 24 hours, with its market cap breaking $150 million and 24-hour trading volume hitting $17.6 million. On September 1, "Bonk Guy" stated that his bullishness on USELESS is even higher than when he traded BONK in 2023, noting that USELESS previously rose from a market cap of around $4 million to $450 million during a non-bull market, and could see even larger gains if it experiences a genuine bull market for the first time. After "Bonk Guy" hyped the coin on September 1, USELESS rallied over 50% that day, pushing its market cap past $100 million. BlockBeats reminds users that meme coins generally have no real use cases, are highly volatile, and require caution when investing.

According to monitoring by OnchainLens, a HYPE whale has withdrawn a total of 824,350 HYPE tokens from Coinbase over the past 17 hours, equivalent to roughly $67.52 million. The wallet has now cumulatively withdrawn around 865,840 HYPE tokens from Coinbase, with a total value of approximately $70.64 million.

Hyperliquid has issued an API announcement stating that it will introduce an optional deployer configuration feature for HIP-3 in an upcoming network upgrade, collectively named HIP-3*. The core functionality allows deployers or their sub-deployers to manage on-chain whitelists and set access permissions for specific markets, enabling the creation of "permissioned markets". This feature is strictly an incremental addition to HIP-3, fully optional, with deployers deciding independently whether to adopt it—no impact on existing markets. The initial version of HIP-3* is now live on testnet; the testnet is a preliminary build and will be adjusted based on community feedback. Hyperliquid emphasized that it remains a neutral infrastructure layer, with the goal of supporting large-scale deployment of financial systems. HIP-3* is designed to provide deployers with additional functionality to operate their deployments while complying with their respective applicable regulatory requirements. Consistent with HIP-3, HIP-3* deployers are independent operators that use Hyperliquid as the on-chain infrastructure layer for their own markets, retaining full control and responsibility over their deployments. This design allows Hyperliquid to maintain its permissionless core while opening access to institutional participants that require a compliance framework.