Monad officials posted on the X platform stating that their official Discord link is currently redirecting to a fraudulent server, which is said to affect users who have joined or are attempting to join in the past few hours. Monad reminds users not to click on any links to join the Monad Discord server, and officials are working to resolve the issue. Users should be wary of any fraudulent or phishing attempts.

Members of the Near team stated that the renaming of Near's Twitter account to "Scam" was a marketing tactic to promote a hackathon.

The cryptocurrency exchange Mudrex has obtained a court order requiring the Indian Ministry of Communications to shut down up to 38 websites using the company's name for fraud. The Delhi High Court made the ruling within a day of the petition being submitted on August 23, giving the ministry a week to comply. Mudrex filed a lawsuit with the court after about 15 people contacted customer support or visited the Bangalore office to report being scammed. Mudrex CEO and co-founder Edul Patel said in an interview, "We estimate that the actual number of retail investors who have been scammed may be around 1,000 people, with estimated losses of over $50,000."

According to a report from the Financial Times, the number of advertisers planning to withdraw from X next year has reached a record high due to concerns about association with extreme content, undermining Elon Musk's efforts to turn the company's finances around. According to a global survey of industry executives conducted by analysis group Kantar, 26% of marketers plan to cut advertising spending on X in 2025, the largest drop recorded by major advertising platforms worldwide. Since taking over X in 2022, Musk has decided to relax content moderation in the spirit of free speech, leading major brands to withdraw from X. The survey shows that trust in the platform among advertisers has significantly declined over the past year, with only 4% of marketers saying that advertising on X is "brand safe," compared to 39% for Google.

According to Deribit data, nominal value of $796 million BTC options will expire and be settled tomorrow, with a PutCallRatio of 0.9 and a maximum pain point of $59,000. Nominal value of $297 million ETH options will expire and be settled tomorrow, with a PutCallRatio of 0.63 and a maximum pain point of $2,550.

Decentralized physical infrastructure network io.net has announced a partnership with FLock.io to launch Proof of Artificial Intelligence (PoAI), which is a consensus mechanism aimed at ensuring the integrity and scalability of decentralized artificial intelligence networks.

Tiger Securities (Hong Kong) announced that it will open trading of Avalanche (AVAX) and Chainlink (LINK) to retail investors, as well as open trading of Aptos (APT) and Toncoin (TON) to professional investors, effective immediately. Tiger Securities stated that after fully opening virtual asset trading to retail investors on July 1, the number of traders and orders has continued to surge in the following two months. Data from its investment flagship platform, Tiger Trade, shows that in August, the number of cryptocurrency trading orders and traders in Hong Kong both grew by more than twice on a monthly basis. Currently, Tiger Securities supports four currencies for retail investors to trade. The number of currencies available for professional investors to trade on Tiger Trade has increased to 20. It is expected that more new currency trading permissions will be opened to professional investors in early September.

On September 5th, according to Jinshi's report, at the recent KDDI summit, Tadao Nagasaki, CEO of OpenAI's Japanese subsidiary, revealed that the new generation model code-named "GPT-Next" is expected to be 100 times more powerful than the existing GPT-4 model, and is planned to be released later this year. The performance improvement of the GPT-Next model is attributed to its optimized architectural design and improved learning efficiency, rather than simply relying on massive computing resources.

Meow, co-founder of Jupiter, proposed using the 230 million unclaimed JUP tokens from the first Jupuary to extend and fund future ASRs. If there are no major objections, we will submit a formal proposal and hold a vote next week.

India has become the largest content creator supplier for the Metaverse platform The Sandbox, with the number of users doubling to 350,000. Sebastien Borget, co-founder of The Sandbox, said, "India is the top-ranked country...thanks to various training camps and education programs we have carried out locally, whether working directly with BharatBox or collaborating with some of our partners." Currently, India has 66,000 game creators developing games for immersive environments, while the United States has 59,989 and Brazil has 25,335.

Layer-1 blockchain network Aptos announced that it is integrating Nillion to support the development of privacy protection applications. Aptos will be able to support various privacy protection applications, including confidential decentralized finance (DeFi), private AI assistants, secure social media, privacy games, and collectibles. DeFi users can benefit from private transaction execution or hidden liquidation insurance pools, while supply chains can increase transparency without revealing sensitive data.

The non-custodial liquidity collateral agreement ether.fi has reached a cooperation with the intent execution network dappOS. The intent assets of dappOS will use eETH issued by ether.fi as one of the underlying sources of income, while maintaining the flexibility of using native assets. Under the premise of decentralized non-custodial, intent assets of dappOS allow users to use them directly on the chain like native assets while earning profits. For example, intentETH can be used directly in DEX to add liquidity to ETH/USDT or directly deposited as ETH to CEX for trading, and can also generate real-time annualized interest rates of 6-12%.

ChainwireReformDAO has listed its $RFRM token on Gate.io, Mexc.com, and Bitget.com after the successful launch of its market-making platform. The token provides governance capabilities and allows holders to participate in the DAO's decision-making process. The platform's multi-layered treasury system ensures efficient liquidity management and equitable profit distribution, while transparency is demonstrated through its live trading dashboard. ReformDAO plans to expand by onboarding more projects and enhancing its algorithmic trading capabilities, as well as exploring partnerships with other blockchain networks. Visit the official website or join the community on Discord and Twitter for more information.