Onchain Lens said Wintermute reduced its short exposure on Hyperliquid from $212 million to $80.48 million since the last update.

According to Odaily, Wintermute still holds $80.48 million in short positions and $5.51 million in long positions, while its HYPE short exposure rose from $5.6 million to $10.2 million, and the unrealized loss was $568,800.

Wintermute has reduced its short exposure on Hyperliquid, trimming the position from $211.5 million to $80.48 million, according to data from Onchain Lens.

Foresight News reports that the firm now holds an $80.48 million short position and a $5.51 million long position.

The short exposure to the HYPE token rose from $5.6 million to $10.2 million, with an unrealized loss of $568,800.

Lighter, a decentralized exchange, says its verification system has improved significantly, lowering the average time to verify a block from roughly 5.3 minutes to about 1 minute over the past month. The company attributes the gains to two separate upgrades, per Foresight News.

The first upgrade introduces a heavy-light split that partitions the verification circuit by transaction complexity. This allows simple transactions, which account for more than 98% of activity, to incur lower verification costs and, in effect, halve the verification time.

A second upgrade stemmed from a prover-optimization competition with Eigen Labs aimed at infrastructure-level improvements to the Plonky2 prover. The initial results went live on August 23, delivering another substantial reduction in verification time by more than half.

Lighter’s verification stack runs on a cluster of Apple Silicon Mac mini machines plus an elastic cloud overflow layer. As throughput improved, cloud overflow usage fell from several hours per day to nearly zero. The baseline withdrawal finality time also dropped from roughly 21–22 minutes to about 16–17 minutes.

Additional optimization work from the prover competition continues to roll out. In a test environment, verification time for a 500-transaction block fell from about 187 seconds to under 30 seconds, representing roughly a 10-fold improvement since mid-July. Lighter said it will announce the competition winners in the coming days.

Chinese steel producers are under pressure as higher input costs weigh on profitability.

Soft demand in domestic markets, combined with more expensive raw materials, is compressing margins. Bloomberg notes the strain is likely to endure through year-end.

Changjiang Business School reported that the August China Business Conditions Index (BCI) stood at 48.3, down from 50.1 in July, according to Jiemian News. The BCI is the arithmetic average of four sub-indices, and this month shows one uptick and three declines.

Sub-index movements: the forward-looking sales index rose to 60.3 from 60.0, while the profit outlook index declined to 42.1 from 45.7; the financing conditions index eased to 43.6 from 44.3; and the inventory outlook index slipped to 47.2 from 50.3.

On costs and prices, the forward-looking labor cost index dipped to 69.8 from 70.4; the total cost outlook index rose to 70.9 from 70.4; and the consumer goods price outlook index fell to 43.9 from 46.6.

NVIDIA chief executive Jensen Huang is described as personally reviewing pay and compensation recommendations for about 42,000 employees at the end of each compensation cycle, with the practice commonly resulting in higher operating expenses.

According to a report cited by ChainCatcher, Huang told the outlet that taking care of employees helps other priorities fall into place and that his leadership team has produced more billionaires than any other CEO.

The same report references a survey of about 3,000 Nvidia staff, indicating roughly 76% to 78% had become millionaires, with about half reporting a net worth above $25 million. The article notes employees can purchase company stock through a plan at a 15% discount, and Nvidia’s stock has climbed about 3,800% since 2019, significantly boosting worker wealth.

CanSino Biologics said its Shanghai unit has signed a strategic framework agreement with Depsys Biotech to jointly develop an mRNA personalized therapeutic cancer vaccine. The alliance aims to combine mRNA vaccine technology with tumor neoantigen discovery and design to advance research, clinical development, regulatory filings, and commercialization for gastrointestinal solid tumors and rare cancers worldwide, according to Jiemian News.

The collaboration covers early-stage research and development, clinical translation, regulatory submissions, and eventual commercialization.

Separately, Cathay Securities said mRNA cancer vaccine technology has reached a historic breakthrough after the first personalized mRNA cancer vaccine delivered positive results in a phase III melanoma trial. Jiemian News also reported that as of 9:32 a.m. on August 26, 2026, the Penghua Hang Seng Connect Innovative Drug ETF's benchmark index rose 2.79%, with CanSino Biologics up 17.23%, Everest Medicines up 8.90%, and Remegen up 3.80%.

The company posted 2026H1 revenue of 151 million yuan, an increase of 17.07% from the previous year. However, net profit attributable to shareholders plunged by 98.47% to 351,400 yuan, and when non-recurring items are excluded, the attributable net loss widened to 1.4617 million yuan from 321,500 yuan.

The growth was chiefly driven by a new server-leasing arm, which generated 34.9212 million yuan in revenue and represented 23.13% of total revenue after being consolidated via an equity infusion in Payan Technology, where Kexin Development holds a 51.22% stake.

Construction revenue declined 6.87% to 110 million yuan, while revenue from self-owned asset rental dropped 3.80% to 6.0452 million yuan.

Operating cash flow improved to 16.6073 million yuan from a negative 8.7027 million yuan a year earlier. Total assets rose 36.34% to 1.094 billion yuan, and total liabilities increased 83.30% to 613 million yuan.

Jin10 reports that Microsoft 365 indicated an ongoing maintenance task unexpectedly impacted the Microsoft Teams service in the Asia-Pacific region, leading to reduced functionality for users.

The vendor said the maintenance activity has been paused and that Teams has returned to standard availability.

Victoria's government has launched Australia’s inaugural offshore wind auction, initiating a request-for-proposals process for a 2-gigawatt project.

The project is anticipated to supply electricity for roughly 1.5 million homes. The auction is set to close in August next year, with related contracts expected to be finalised in the second half of 2027.

Energy Minister Jacqueline Symes noted the state possesses world‑leading offshore wind resources and described the auction as a major step toward delivering Australia’s first offshore wind projects.