News linked to this event type.
LayerZero has announced that due to low activity on certain blockchains, it will gradually cease providing off-chain support for them, and affected chains will no longer be able to use LayerZero's Decentralized Verification Networks (DVNs) and executor services. In the next 30 days, Aurora, Taiko, Japan Open Chain, LightLink, Viction, Animechain, XPLA, Merlin, Gnosis, Zora, Otherworld Space, XAI, and opBNB will be affected. Some chains will also lose Stargate Hydra support, and Stargate users should redeem their Hydra assets from these chains, including USDC.e, wETH, and Hydra USDT.
Odaily News: U.S. President Trump will hold an event next Tuesday to launch a new government website, America.gov, which aims to consolidate information and resources scattered across multiple federal agencies and will introduce AI tools to help citizens access government services. WEARThe event is expected to focus on topics including AI, energy, healthcare, space, and agriculture. NVIDIA CEO Jensen Huang, Tesla CEO Elon Musk, Anthropic co-founder Tom Brown, and U.S. Vice President JD Vance are expected to attend. (Bloomberg)
Coinbase has submitted comments on the U.S. Department of the Treasury and Internal Revenue Service’s proposed qualified investment rules for "Trump accounts," advocating for the protection of young beneficiaries and the promotion of long-term savings through transparency, prudent risk limits, and low-cost mechanisms. Meanwhile, Coinbase recommended maintaining investment flexibility, allowing account configurations to include a broader range of investment categories, including qualified digital asset products.
Odaily reports: Privacy blockchain network Zano has disclosed that an inflation vulnerability involving Gateway Addresses has forced it to plan a rollback of approximately 24 hours of blockchain history, and has urged users to immediately cease all economic activity related to ZANO and Confidential Assets.Zano has promised to compensate for losses caused by the rollback, but has not yet announced the target block height for the rollback, the patched version, the compensation process, the mechanics of the vulnerability, or the amount of unauthorized assets created. Gateway Addresses went live on August 26 with Hard Fork 6. (Bitcoin.com News)
Coinbase posted on X that IPO is now available on Coinbase, with the first issuance project being Oura Ring. Users can apply for subscription allocations directly through the app before public trading begins. The application window will remain open until 4 PM ET on September 29, and applications can still be submitted during the weekend.
Bitcoin News posted on X platform that Coinbase has launched fixed-rate, fixed-term USDC loans backed by Bitcoin through Morpho Midnight, allowing borrowers to obtain USDC without selling their Bitcoin.The interest rate and repayment date for this product are determined at the start of the loan; if the borrower fails to repay the USDC and interest by the maturity date, the collateralized Bitcoin may be liquidated. Coinbase's existing floating-rate Bitcoin-backed loans powered by Morpho have surpassed $1.4 billion in active or outstanding loan volume, with collateral value of approximately $3 billion.
Odaily News: Uniswap founder Hayden posted on the X platform stating that the U.S. Securities and Exchange Commission's frequently asked questions about crypto assets released that day made it clear that token buybacks do not make commodity tokens constitute securities; liquid staking tokens of commodity tokens are not securities.
According to a Fox Business crypto reporter on X, SEC staff has released a new FAQ explaining how the Commission's March digital asset interpretive guidance applies to token functionality, staking receipt tokens, and investment contracts.The guidance states that once a network is functional, services provided to maintain, improve, or develop the network generally do not constitute "essential managerial efforts" under the Howey Test. The FAQ reflects only staff views and does not carry the force of law.
Sui stated on X that SlushWallet is purpose-built for Sui, supporting policies, replacing addresses with SuiNS names, and gas-free stablecoin transfers that settle in under 1 second. The wallet is developed by Mysten Labs.
Bitget updated its security incident report, adjusting the damaged asset amount from $352 million to approximately $388 million. The exchange stated that the situation is now under control and will continue to suspend withdrawals.
Circle Foundation announced its support for the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to advance digital payment infrastructure, exploring how to enhance the efficiency, transparency, and financial accessibility of funding disbursement for development projects and humanitarian aid through regulated stablecoins. Specifically, Circle Foundation will fund UNDP’s establishment and operation of the Digital Asset Innovation Pool, facilitating the deployment of regulated payment stablecoins from pilot projects into standard programs. Previously, UNDP has tested solutions such as digital cash payments, fund disbursement in low-connectivity environments, and mobile wallets in locations including Aleppo, Syria; Haiti; Guatemala; and Gambia. Circle Foundation will also provide an additional grant to World Food Program USA to support WFP in building the governance, risk management, fund management, reconciliation, and compliance systems required for stablecoin payments, alongside integration into local fintech and mobile payment networks. Over the next three years, WFP plans to pilot stablecoin payments across payment channels in two to three countries to evaluate their costs, speed, transparency, and operational feasibility.
Xie Jiayin, Head of Greater China at Bitget, announced the latest updates on the security incident, stating that the security team has accurately identified the hackers' attack vectors and methodologies, and obtained details on how the attackers bypassed security protocols. Tracing the attack back to its source is now highly imminent. Third-party security firms Mandiant and SlowMist are continuing their incident investigation and will release a detailed report subsequently. On-chain tracking confirms that approximately $387.5 million in assets were transferred to attacker addresses, an upward revision from the previously estimated $351.6 million. This adjustment simply incorporates ZEC and TRX into the total and does not indicate any new assets were stolen. No other unauthorized transfers have been detected. Bitget stated that all stolen funds at the platform level will be fully covered by the User Protection Fund, ensuring user assets remain unaffected. Bitget has also officially launched its Fund Recovery Bounty Program. Individuals or entities that voluntarily freeze or proactively retrieve attacker funds will be eligible for a 5% bounty, with prior assistance remaining eligible. The platform has published the attacker's addresses, a real-time fund tracking dashboard, and an information submission portal, and pledged to announce withdrawal times by 12:00 PM on September 26.
Flap announced on X that it has launched on Base, supporting the trading of stock-linked tokens and RWA assets on Base. Users can now access this service through Flap.sh.
former New York Governor and OKX board member Andrew Cuomo stated that tokenization of US financial markets is accelerating, and the regulatory system needs to keep pace with technological and market developments. On September 17, the SEC introduced a five-year interim "innovation exemption" framework, allowing eligible on-chain trading platforms to trade tokenized stocks of certain US-listed companies under specific conditions.The framework requires trading platform participants to obtain licenses. Tokenized stocks grant investors the same rights and benefits as traditional stocks, with smart contracts audited and deployed on public chains; when the underlying stock is suspended from trading, the corresponding tokenized stock must also cease trading. On September 15, the US Senate failed to advance the Digital Asset Market Structure Act, and comprehensive digital asset regulatory legislation remains contentious.
According to TechStartups, Google plans to launch the first experimental satellite for Project Suncatcher on October 1 to test the feasibility of operating AI computing infrastructure in space. Approximately the size of a refrigerator, the satellite will carry four Google TPUs to run Gemini workloads in low Earth orbit hundreds of miles above Earth. It will be deployed on the Transporter-18 mission aboard a SpaceX Falcon 9 rocket. Partnering with satellite company Planet, Google will deploy AI hardware on an existing satellite platform, advancing the first in-orbit hardware test originally scheduled for 2027 by several months. The satellite's solar array is expected to provide approximately 1 kilowatt of power. Due to thermal dissipation limitations in space, the TPUs can currently run Gemini workloads for only about 15 minutes per session before requiring a pause to allow the thermal management system to recover. Google has previously conducted vibration and radiation testing on the Trillium TPU, and plans to explore building large-scale space-based AI computing clusters in the future using solar-powered satellites, TPUs, and high-speed optical communications.
Bitget CEO Gray Chen posted on X platform that following the security incident, on-chain tracking confirmed the attacker's address received a total of $387.5 million in assets, revised upward from the previously disclosed $351.6 million.Gray Chen stated that the revised amount incorporates Zcash and TRON assets that were not fully accounted for previously, and does not represent newly stolen funds. No unauthorized transfers have occurred since the incident, and the situation remains under control. Bitget has launched a Recovery Bounty Program, offering a 5% bounty to each party that voluntarily assists in freezing the attacker's funds or recovering the funds. The exchange has also launched a real-time tracking dashboard, an information submission portal, and an attacker address API, while supporting reports submitted through Bybit's Lazarus Bounty platform. Bitget is currently making full preparations to resume withdrawals, with a specific withdrawal plan to be announced before 4:00 AM (UTC) on September 26.
Odaily News: Aave V4 has launched Equities Hub on Base, allowing eligible non-US users to borrow USDC using 7 tokenized US stocks issued by Coinbase as collateral, covering Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. The market uses Chainlink to provide on-chain price data for tokenized stocks. The initial combined collateral cap for the 7 stocks is approximately $29 million, with a USDC supply cap of $32 million and a borrow cap of $21 million. Collateral ratios for different stocks range from 65% to 79%. Currently, these stocks can only be used as collateral. Aave stated that more Coinbase tokenized stocks and GHO as borrowable assets may be added in the future after governance and risk assessment approvals. (The Block)
According to official announcements, Odaily reports that Gate has launched KII contract trading, trading bots, and copy trading features. The contract supports 1x to 20x long and short positions.KII (KiiChain) is a stablecoin-driven 24/7 on-chain foreign exchange (FX) orchestration layer for emerging market stablecoins and real-world assets (RWA), providing enterprises and users with cross-border payments, trading, and various financial solutions.
Odaily News: Jumper has announced plans to conduct its first JUMP token sale through Legion and spin off from LI.FI to become an independent company. Jumper currently has cumulative trading volume exceeding $40 billion, over 100,000 monthly active users, and a market share of more than 15% in cross-chain bridge transaction volume.Jumper stated that in the future it will expand from cross-chain aggregation to an on-chain finance super app, covering spot trading, cross-chain, perpetual contracts, tokenized stocks, and other RWA and yield products. Its perpetual contract product, Jumper Perps, is expected to launch in the coming weeks. This Legion token sale will be Jumper's first fundraising, with proceeds to be used for product development, user acquisition, and market expansion; the JUMP token is planned to be issued separately after the fundraising is completed, and the company will not conduct equity financing at the same time. (Cointelegraph)
Odaily News: Ondo has launched 3 tokenized products utilizing BlackRock portfolio strategies, namely the high-yield strategy BLKHIon, the diversified growth strategy BLKDIGon, and the high-growth strategy BLKGRWon.These 3 tokens are open for trading to qualified investors outside the United States. The tokens contain multiple asset allocations, can automatically rebalance, and support peer-to-peer transfers between wallets. Asset holdings, weightings, and information on each rebalancing are all publicly disclosed on-chain.Ondo disclosed that BlackRock does not serve as an advisor, manager, sponsor, promoter, underwriter, marketer, or distributor of the related products, nor does it exercise supervisory or control authority over the products. (Decrypt)