News linked to this event type.
Odaily News: Infini is a stablecoin payment platform. This funding round saw participation from SNZ, Reforge, Enlight Capital, Nordic Digital Ventures, Fortwest, and Vernal. The funds will be used to expand its global payment network, support more markets, currencies, and payment methods, and strengthen compliance, licensing, and risk control. The Infini App is now live, and the company is refining its global accounts, stablecoin payments, and everyday spending features. It also plans to further develop AI Agent and financial systems, integrating cash flow analysis, bookkeeping, approvals, and payments.
As reported by Astana Times, Kazakhstan's regulated cryptocurrency market recorded a trading volume of $10.58 billion in 2025, marking a significant surge from $320 million in 2023, while the number of users increased from 53,000 to 215,000. At the same time, Kazakhstan ranked within the global top 10 for submission numbers to the International Solana Hackathon, with over 8,000 individuals completing training through the Solana ecosystem and more than 2,000 earning certificates. Additionally, 57 Web3 startups in the country have already received a combined total of approximately $262,000 in funding, and plan to complete the tokenization of real estate and logistics projects valued at up to $60 million by the end of 2026, exploring the feasibility of digital assets as a new channel for economic financing.
Former Google and xAI employee Tina Oberoi is founding startup Moir, developing identity verification technology to combat online deepfakes, and is negotiating a roughly $50 million seed funding round at a $250 million valuation. She worked at Google for over five years before joining xAI's data team, making her one of several former employees who recently left xAI to start their own companies.
According to the official announcement, Binance will list the MOONSHOTUSDT USDT-M Pre-IPO Perpetual Contract, with Beijing Moonshot Artificial Intelligence Technology Co., Ltd. as the underlying asset, on September 22 at 16:30 (UTC+8). The contract supports up to 20x leverage and 24/7 trading, with funding settlements occurring every 4 hours. If the underlying asset successfully completes its IPO, it will transition to a standard perpetual contract on traditional financial assets; if the listing fails, the contract will be removed.
Odaily Report: The Balancer community has proposed a "Fork and Reincarnate" proposal, aiming to continue its technology and ecosystem through an official fork in the event that the protocol may be shut down, and to position the new protocol as a tokenized stock trading platform. The proposal suggests that MAXYZ lead the establishment of a new official fork entity, migrating part of the liquidity, team members, partners, users, and intellectual property, while delaying the pause timeline for existing pools and the Vault to Q2 2027.Regarding funding, the proposal plans to use approximately 6 million uncirculated BAL remaining from Balancer as seed funding for the new project, worth about $690,000 at current prices; if the new protocol conducts a token issuance or other liquidity exit event in the future, the Balancer treasury will receive 10% of the new protocol token's fully diluted valuation in advance. The proposal also plans to grant the new fork a perpetual, irrevocable, non-exclusive license to Balancer-related intellectual property.
Odaily reports: AI model developer Typesafe AI has announced the opening of its System One model Jev, removing the waitlist and giving each new user $5 in credits. The project has been developed in stealth for two years and has raised $40 million in cumulative funding.Jev does not support chat; it only accepts facts and closed-ended questions, returning probabilistic results within 70 to 500 milliseconds. Input pricing is $0.042 per million tokens, and output is free. It can answer questions such as buy or sell, yes or no.In a Bitcoin price prediction test, Jev estimated a 55% probability that Binance's one-minute K-line would reach $85,000 before 2027, with probabilities of 48% and 34% for reaching $90,000 and $100,000, respectively; the corresponding Polymarket market probability for $85,000 was 81%.On September 16, Monad Chief AI Engineer Jarrod Watts connected Jev to price data and built a trading bot that submits limit orders to the Kuru on-chain order book approximately every 300 milliseconds. The bot can decide whether to buy or sell based on Jev's judgments and has been open-sourced on GitHub as jarrodwatts/jev-trader. (Bitcoin.com News)
Ondo has launched an in-kind conversion system that allows approved institutions to directly mint or redeem tokenized shares using their existing stock holdings without requiring additional cash, aiming to reduce financing costs.
According to Solid Intel, the fully diluted valuation (FDV) of decentralized derivatives trading platform Hyperliquid has surpassed Nasdaq and the London Stock Exchange Group.
the funding amount was not disclosed, with Amber Group participating in the round. Travix is an on-chain perpetual contract protocol built on a modular blockchain architecture, employing a hybrid model of off-chain high-performance matching and on-chain settlement. It supports millisecond-level processing and introduces a unified account management system. Its main business includes perpetual contracts for computing power assets, financial world models, and trustworthy AI agent trading. It supports trading of hardware assets such as H100 chips and storage, and plans to expand perpetual contract trading pairs for exotic assets like East Asian equities. The funds will be used to advance the development of computing power assets and Compute-Led RWA trading pairs, research and develop financial world models, develop and deploy a trustworthy AI agent trading engine, as well as expand into global markets, build a multilateral ecosystem, and launch trading promotion incentive programs.
Bank of America notes that AI security concerns are emerging as a sustained catalyst for the cybersecurity sector, as market focus shifts from fears of AI disruption to new attack surfaces, identity requirements, and governance demands. Identity management is central to protecting AI agents, with leading platform security providers poised to benefit. The bank advises monitoring whether AI security spending exceeds current expectations, citing it as a key signal marking the transition from valuation expansion to earnings-driven growth.
Odaily News: Evernorth has signed a note purchase agreement with NH Investment & Securities to issue convertible preferred PIK notes maturing in 2031 with a 4% interest rate. The transaction is contingent upon the completion of its business combination with Armada Acquisition Corp. II, Pathfinder Digital Assets, and Ripple Labs, and is expected to close in the fourth quarter; the combined new entity plans to list on Nasdaq under the ticker symbol XRPN, subject to exchange approval. Evernorth is an XRP treasury company.
Odaily News: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Tehran-based crypto exchange BitBank, alleging that the platform transferred hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps (IRGC). According to OFAC, BitBank is controlled by Iranian financier Babak Zanjani, who was designated in January of this year, and who used the platform to complete transfers between June and July. The designation was made pursuant to Executive Order 13902. The sanctions also cover three executives of BitBank's software developer Pishtaz Simorgh and its parent company Dot One. U.S. Treasury Secretary Bessent stated that using cryptocurrency to finance the Iranian regime does not fall outside OFAC's jurisdiction. OFAC also alleged that Hormuz Safe, a Tehran-based institution that sells safe passage through the Strait of Hormuz, has been transferring payments it received through BitBank since June; the institution was sanctioned in July. OFAC did not disclose the relevant wallet addresses.
Real Vision founder Raoul Pal stated that Bitcoin's weekly chart against the Nasdaq 100 has broken through a downtrend, and he expects Bitcoin to outperform the Nasdaq 100 going forward.He noted that after the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, Bitcoin's price rose from around $75,580 to above $81,000. Pal believes that fiscal dominance and debt refinancing needs will drive increased liquidity and benefit crypto assets. (Bitcoin.com News)
Odaily News: The portal operates through limited-time subscription events, with PancakeSwap providing the event entry point and third-party service providers arranging the underlying tokenized exposure. Eligible users who complete eligibility checks and accept the relevant terms can subscribe through self-custodial wallets, with assets controlled by the users themselves.Each event page will disclose company and token information, subscription assets, offering price, implied valuation, event timing, claim arrangements, and risk disclosures. After the event concludes, participants will enter the claim or refund process according to specific rules.
Odaily News: A 2021 firmware vulnerability in the hardware wallet Coldcard resulted in insufficient randomness in some recovered seeds. Since July 30, attackers have transferred approximately 1,600 to 1,800 BTC from affected wallets, involving thousands of addresses, with an estimated value exceeding $100 million.Coldcard manufacturer Coinkite stated that it must be assumed that someone used AI to review its public firmware. The vulnerability has existed for about five years, and whether AI was involved in the related attacks has not yet been confirmed.Shielded Labs researcher Taylor Hornby used a Claude Opus 4.8 audit agent and discovered a vulnerability in the Zcash Orchard shielded pool circuit dating back to 2022, which in testing could generate unlimited counterfeit ZEC without a trace. Developers completed the fix within days, and no theft of coins has been confirmed.Statistics from blockchain analytics firm Chainalysis show that on-chain writes carrying malware instructions and command-and-control information rose from about 2.06 per day to 11.1 per day, an increase of 440%. (Bitcoin.com News)
On-chain analyst ZachXBT (@zachxbt) disclosed that the recently launched 10K PFP NFT project zkSNARKs on the Zcash chain is allegedly a rug pull. The project attracted a total of 16,971 bids via a blind auction, ultimately completing the allocation of 8,000 items at a clearing price of 1.5 ZEC (approximately $2,190). Total trading volume reached 25,305 ZEC (approximately $36.94 million), and refunds totaling 13,309 ZEC (approximately $19.43 million) have been progressively returned. ZachXBT noted that the project raised approximately $17 million, while incorporating a 10% team allocation, 5% royalties, and a minting fee of around $2,000, yet offered zero utility. This mirrors the typical "rug pull" strategy commonly seen in Ordinals-style projects.
According to STAR Market Daily, Shanghai-based embodied touch company Qianjue Robotics announced the successful closure of two consecutive rounds of strategic financing totaling hundreds of millions of yuan. Previously, Qianjue Robotics had announced the completion of a funding round exceeding 100 million yuan, with investors including embodied AI industry partners, Tianji Capital, and Jide Electric Appliances. Qianjue currently counts among its shareholders financial investment institutions such as Hillhouse Capital Ventures, Origin Capital, and Futeng Capital, as well as industry players in the embodied intelligence and industrial sectors like Li Auto, Zhiyuan Robot, and Jide Electric Appliances. The proceeds from this round will be primarily allocated to product upgrades, business expansion, and industrialization, accelerating the iteration and large-scale delivery of high-precision vision-tactile sensors, refining real-world interaction data collection, tactile simulation, and dataset construction, and continuously advancing the R&D of tactile embodied models and tactile world models.
Singapore-based payment company Dtcpay announced the completion of a $25 million Series A funding round, led by Vertex Ventures with Japanese financial group SBI Group joining as a strategic investor, aimed at driving stablecoin payment applications.
According to Sing Tao Daily, ChinaAMC (Hong Kong) announced that it has partnered with Standard Chartered Bank and others to complete Hong Kong's first use case of an HKD stablecoin (HKDAP) investing in digital assets. This demonstrates how regulated HKD stablecoins can be integrated with digital financial assets within a compliant and regulatory framework, providing investors with more diversified investment options. HKDAP is an HKD stablecoin issued by Hong Kong-licensed stablecoin issuer Anchor Point Finance, spearheaded by Standard Chartered Bank (Hong Kong).
Odaily News: Singapore-based compliant stablecoin payment company Dtcpay has announced the completion of a $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India, with SBI participating through two Singapore investment entities. Dtcpay provides stablecoin and fiat currency acceptance, storage, and trading services.The funds from this round will be used to expand its merchant network, build infrastructure, develop enterprise portal and consumer application features, and enter more regulated markets. Dtcpay has integrated with WalletConnect and launched a Visa-linked stablecoin-to-fiat card. (Bitcoin.com News)