Iranian sources deny reports about the opening of the strait.

Zcash Treasury and crypto mining firm Cypherpunk Technologies (Nasdaq: CYPH) announced the appointment of Amanda Fabiano, chief operating officer of Nakamoto Inc., as a director. Fabiano concurrently serves as an independent director at TeraWulf. Additionally, the company’s subsidiary Cypherpunk Mining launched Zcash mining operations in August, deploying mining rigs with around 4.2 GSol/s of computing power in the U.S. Between August 18 and 31, the operation mined a total of 3,023.13 ZEC, with all mining proceeds added to the company’s treasury. (TheEnergyMag)

Citi projects that enterprise-grade SSD demand will rise 52.9% year-over-year in 2027, followed by an additional 41% growth in 2028, as AI inference, continuous learning, and NVIDIA’s KV cache offloading drive a sharp increase in storage demand near GPUs. The bank forecasts total SSD demand will grow 45% in 2027, with QLC-based near-GPU storage seeing wider adoption, as AI systems increasingly require large, high-speed storage pools close to accelerators. Additionally, Citi expects NAND demand to grow 29% in 2027 and 33% in 2028, while supply growth will only hit 21% and 25% respectively, as storage manufacturers prioritize expanding DRAM and HBM production capacity.

Goldman Sachs recently released a research report stating that the bank held a series of investor meetings with Microsoft (MSFT.US) executives over the past two weeks. The firm noted that Microsoft has made several key AI decisions over the past three years, and these moves are now paying off as enterprises increasingly prioritize evaluating AI platform products. Goldman Sachs maintained its "Buy" rating on Microsoft in the report, identifying key areas for future value discovery as improvements to MAIA (Microsoft's self-developed AI chip) and MAI, plus the momentum of its enterprise platform in the market. The 12-month price target for Microsoft is $640, which implies nearly 28% upside from the stock's Monday closing price of $501.61.

Famous trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared his long-term outlook on Ethereum today. Brandt noted that Ethereum is currently trading at around $2,794, and after breaking through the $5,000 resistance level, it could rally to approximately $8,600. Additionally, Brandt believes XRP’s long-term target could reach $5.40.

MEET48, together with SNH48 members Hu Xiaohui, Liu Zengyan, Zhang Leilei, Bai Xinyu, Yan Mingjun and Chen Jiayi, made an appearance at the NEXUS 2140 2026 Expo in Incheon, South Korea, delivering stage performances and holding fan meet-and-greets. Previously, MEET48 had led top idols from past general elections to Singapore, Hong Kong, Tokyo and Seoul for global performance rewards. This year’s Expo centers on cutting-edge technology and industrial innovation. MEET48 is recognized as a global innovator of the new-generation idol entertainment ecosystem, breaking the one-way output model of traditional entertainment. It integrates idols, fans, creators and partners into an open digital platform, emphasizing content co-creation, interactive engagement and mutual growth, and advancing the fan economy from mere consumption to emotional connection and value co-creation.

Cosmos ecosystem liquidity protocol Astroport has tweeted that the attack incident on Neutron may have resulted in the theft of its contract administrator privileges. Neutron has suspended chain operations for investigation, and Astroport is advising users to withdraw liquidity from all its liquidity pools.