South Korea's stock index saw an accelerated decline in the afternoon, led by SK Hynix.

According to an official announcement, Binance will launch an airdrop event for eligible users holding USD1 on its platform, running from 8:00 on September 4 to 8:00 on October 2. Qualified users will share a total prize pool of 150 million WLFI tokens. During the event period, WLFI rewards will be distributed to eligible users holding USD1 before 2:00 every Saturday.

Insight Beating AI Flash News: Shortly after Spanish AI firm Multiverse Computing billed Quasar 438B as “Europe’s strongest AI model”, the community uncovered its connection to Zhipu GLM-5.2. Artificial Analysis has now directly labeled the model as “Quasar 438B (max, based on GLM-5.2)”, explicitly noting it is built on GLM-5.2. Clues were also present in Multiverse’s old documents: when Quasar 438B launched its beta on August 5, CompactifAI’s update log stated its capabilities were “exactly identical” to GLM-5.2. The community is now questioning whether Quasar is merely a renamed, compressed or modified version of GLM-5.2. Multiverse has not yet disclosed its architecture, training methodology, or the exact relationship between the two models. Multiverse’s core business is model compression, yet its current FAQ still lists Quasar under “Original Models” rather than “Compressed Models”. GLM-5.2 has around 753 billion total parameters, with 40 billion activated during inference, scoring 53 points on Artificial Analysis’s max-tier intelligence index. Quasar, reduced to 438 billion parameters, only scores 43 points, but its output speed is approximately 174 tokens per second, significantly faster than GLM-5.2’s roughly 68 tokens per second.

OKX’s built-in decentralized exchange (DEX) now supports token trading on the Robinhood Chain. Users can trade popular meme coins like CashCat and Pons directly using USDT or USDC held in their OKX accounts, with no need to withdraw funds, set up an on-chain wallet, or complete cross-chain operations. The service offers trading features including market orders, limit orders, and take-profit/stop-loss orders, providing users with more flexible trading and risk management tools. During the event period, OKX will fully cover gas fees for all relevant transactions, further lowering the operational threshold and on-chain costs for users participating in Robinhood Chain asset trading.

Kraken’s official announcement states that Kraken Derivatives will delist 77 perpetual contracts at 12:00 UTC on October 1, covering assets including 2Z, AEVO, AIXBT, AKT, ANKR, ARKM, AR, BLUR, CELO, ENJ, GMT, GMX, IOTA, MINA, NEO, THETA, VET, ZIL, ZRX, and others. Once trading on these contracts is halted, they will be settled and removed from the platform. Separately, Kraken will delist perpetual contracts for SUN, MTL, IOST, and XVS on September 3, and COTI perpetual contracts on September 7.

According to Bitget’s market data, WTI crude oil has fallen 1.00% intraday, currently trading at $88.23 per barrel. Earlier, US media reported that Trump is holding private discussions with senior aides, considering announcing the end of the Iran war.

PONS has broken above $500M. Trader 0xe3bF deposited $54K into @Aster_DEX 6 hours ago, then opened a 4x long on 447,135 $PONS($226K) and is currently sitting on an $8.6K unrealized profit (+15%).