Midterm elections at a critical juncture: Trump to use $400 million in political donations to aid at-risk Republicans.

Crypto KOL Ansem bought over $21,000 worth of the Robinhood chain-based meme coin Artificial Inu on pump.fun early this morning, sparking a wave of market hype. As of press time, per GMGN data, Artificial Inu’s market cap briefly topped $20 million, hitting an all-time high. However, due to recent weak liquidity on the Robinhood chain, the token’s 24-hour trading volume is only $530. BlockBeats reminds users that KOL-led trades carry high uncertainty, and investors should exercise caution.

Solana perpetual contract trading platform GMTrade tweeted a public proposal to soft-acquire Flash Trade, which had previously announced it might cease operations. GMTrade also plans to airdrop GT points to FAF token holders and liquidity providers, with the specific snapshot time pending. The firm stated that while the acquisition is not the team’s ideal exit method, it is a more stable outcome and clear follow-up path for the community under current circumstances. Earlier, Flash Trade had said it would gradually wind down operations if a suitable acquirer was not found. Since then, Flash Trade has been seeking to sell its tech stack, brand, and intellectual property, with proceeds to be distributed to FAF holders proportionally to their holdings.

According to Caixin, Star Bridge Capital (SBCFX) has suffered an abnormal liquidation incident in London Gold trading. After the incident, the platform’s Hong Kong office is now deserted, leaving some investors facing huge losses. Multiple investors revealed that their automated London Gold (XAUUSD) derivative trades on Star Bridge Capital encountered extreme abnormal activity on the evening of August 19: the system automatically generated massive reverse short orders in just 1 to 3 seconds, followed by a rapid rise in international gold prices, leading to collective account liquidations—some accounts were wiped out entirely, while others even showed negative balances. London Gold liquidation refers to the trading risk where, due to a position direction opposite to gold price movement and leverage amplifying losses, an investor’s account available margin is exhausted and falls below the maintenance margin ratio, resulting in forced liquidation by the platform and total loss of principal. Affected investors estimate the incident involves approximately 2,000 to 3,000 people, including a large number of mainland Chinese investors. Currently, some investors have filed reports with Hong Kong police, demanding the platform refund 70% of their principal in accordance with its previously promised rule of “maximum loss of 30%”. Some investors noted that Star Bridge Capital offered up to 500x leverage, and some funds were deposited via USDT stablecoins, which has increased the difficulty of tracking the funds. Public information shows that Star Bridge Capital’s business scope covers foreign exchange, commodities, indices, cryptocurrencies, etc., and it publicly claims to be a licensed and compliant international trading platform. (Caixin)

Bitcoin treasury firm BSTR Holdings announced it has reached an agreement with Cantor Equity Partners to terminate the business combination agreement signed on July 16, 2025. The termination stems from persistent valuation pressure on Bitcoin and listed Bitcoin treasury companies amid the current market environment, which has created capital market mismatches and limited the amplifying effect of financing instruments such as convertible bonds and perpetual preferred stocks in Bitcoin treasury strategies. BSTR stated it will continue to advance its institutional-grade Bitcoin asset management business once the market environment stabilizes. (Businesswire)

Changcun Holdings' prospectus shows that after returning to profitability in 2024, its earnings have improved rapidly. From January to March 2026, the company generated operating revenue of 470.42 billion yuan and net profit attributable to parent shareholders of 333.79 billion yuan. According to TrendForce data, the company ranked third globally and first in China among all NAND Flash manufacturers in terms of both sales revenue and shipment volume during the Jan-Mar 2026 period.

Nvidia is in advanced negotiations to invest hundreds of millions of dollars in data center power developer Cloverleaf Infrastructure. Cloverleaf provides reliable power and power-supply land for large-scale data center projects, with over 10 gigawatts of capacity in its project pipeline. This potential deal will expand Nvidia’s push in the artificial intelligence infrastructure sector and help secure future data center capacity for its chips. Nvidia has also recently made major investments in other power developers, including Lancium and SoftBank’s SB Energy.