News linked to this event type.
According to the China-Cambodia Times, the National Bank of Cambodia has announced the revocation of the payment license held by Tian Xu International Technology Plc., the operating entity for the payment platform CoolCash (Xiao Yi Pay). The license was issued on May 27, 2024, and was originally valid until 2030.
Odaily reports: Elvira Nabiullina, Governor of the Bank of Russia, stated that the digital ruble went live nationwide on September 1, with nearly 87,000 new accounts added over the past 10 days and over 50,000 related transactions completed.She noted that a small number of banks experienced technical issues when opening accounts and executing certain transactions. The banks involved have since resolved the problems, with no widespread outages or large volume of complaints reported. The Bank of Russia is working to reduce the number of steps required for account opening and transactions while maintaining security standards.The digital ruble completed its nationwide rollout following real-user testing that began in 2023, and users can choose whether to use it at their own discretion. Starting September 1, 12 major Russian banks and retailers with annual revenue exceeding 120 million rubles (approximately $1.42 million) are required to accept digital ruble payments, with more businesses to be gradually onboarded by 2028. (Bitcoin.com News)
Odaily reports: Bonk Guy posted on X platform stating that over the past few weeks, multiple developers associated with the Arc ecosystem have proactively reached out to him, hoping to attract Meme coin traders during the network's early launch phase. He believes that the Arc team has recognized that Meme coin trading is one of the ways for a new chain to rapidly boost on-chain activity, and may be borrowing Robinhood Chain's previous ecosystem cold-start playbook.BonkGuy stated that he had not previously paid much attention to Arc, but has recently begun making short-term positioning moves, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on that platform. However, he emphasized that his positioning in Arc is merely a short-term high-risk attempt and has not changed his long-term view that on-chain trading activity on Robinhood Chain, BNB Chain, and Solana is more promising.Previous reports indicate that the Arc mainnet will launch on September 16.
Odaily News: U.S. Senate Majority Leader Chuck Schumer has convened the Senate Democratic caucus for a Sunday evening meeting to discuss the new text of the CLARITY Act that Republican senators circulated on Thursday. The text contains more than 100 amendments reportedly proposed by Democrats.The Senate will vote on Tuesday on whether to advance the bill through cloture, or to abandon the effort altogether. Democrats remain divided internally over ethics provisions, and community banks also oppose the stablecoin yield-related rules. Most Democratic senators are expected to vote against it.U.S. President Donald Trump discussed new wording on the ethics provisions with advisers on Friday, as Democrats demand that public officials divest their existing crypto assets. If all 53 Republican senators support the bill, it would need at least 7 Democratic senators to agree to proceed to debate on Tuesday; some Republican senators also oppose the current stablecoin yield provisions. (Bitcoin.com News)
Anthropic, OpenAI, and Google are discussing collaborating to establish an AI industry testing and auditing standards body. OpenAI founder Sam Altman expressed support for this direction but emphasized that it must be led independently by major labs rather than relying on the government.
Odaily News: On-chain security platform Blockaid has discovered a vulnerability in the Bitcoin bridge of cross-chain protocol Symbiosis. The attacker minted approximately 2^62 syBTC to a newly created externally owned account, with a face value of roughly $46.1 billion calculated at 8 decimal places, and sold approximately 4.39 WBTC on Uniswap V4 on Ethereum, realizing a cash-out of about $336,000.Symbiosis stated that the attack occurred at around 4:28 AM on September 11. The team has paused the BTC route, while other routes remain operational and unaffected. The team has recovered approximately 15 BTC and deposited them into a multisig wallet controlled by the team. They have also offered the attacker a 20% white-hat bounty, with a deadline of September 13.In recent weeks, Liquid Network, Nomic, and Symbiosis have all experienced security incidents involving the inflation of supply through the minting of tokens without real asset backing. As of September 13, Symbiosis has not yet publicly released a BridgeV2 technical post-mortem, the final loss amount, or confirmation of whether the attacker has accepted the bounty. (Bitcoin.com News)
Odaily reports: Well-known tech investor Jason posted on X: "AI stocks will drop more than 10% in early trading on Monday," adding that Amodei's blog post "single-handedly dismantled the AI trade."Anthropic CEO Dario Amodei previously published a blog post with a title that directly stated: "We Must Pace the Frontier." Within hours of the article's publication, SpaceX CEO Elon Musk posted on X, saying "Dario is right."Early market indicators show that following the "AI slowdown" news, related assets on the HyperliquidX platform fell in response, with OpenAI and Anthropic dropping 7% and 2.8% respectively. Multiple market observers and investors have issued warnings on social media, concerned that the news will cause a significant impact on AI-related stocks such as Nvidia, Broadcom, and AMD on Monday.Executives at Google DeepMind and Meta have not yet publicly commented on this weekend's discussions. Divisions within the industry also cannot be overlooked. Critics argue that leading AI companies have self-interested motives in emphasizing existential risks—expensive safety and compliance frameworks could shut out smaller competitors, thereby consolidating the market position of existing giants.
According to official announcements, HyperPocket, a cross-asset trading platform built on the Hyperliquid ecosystem, has officially launched and now covers Web, iOS, and Android. Its trading categories span Crypto as well as TradFi assets including stocks, indices, commodities, and forex.The platform has simultaneously launched the HyperPoints points system, which uses real trading activity as the path for accumulating points. According to the team, HyperPocket is accelerating the development of modules including AI-powered smart trading, AI Agent, strategy tokenization, and Agent Launchpad, aiming to expand an AI-driven on-chain strategy ecosystem.
Next week marks the super central bank week, with the Federal Reserve, the Bank of England, and the Bank of Japan set to announce their interest rate decisions in succession. Meanwhile, key Chinese economic data for August, including the year-on-year M2 money supply growth rate, retail sales, and industrial value-added, will be released in quick succession.
Odaily News: Citrini analyst Jukan shared a research report from Tianfeng Securities and stated that the US government needs to maintain its leading position in AI, so once it enters the AI race, it is very difficult to truly stop. Jukan believes that recent calls by Anthropic and OpenAI to slow down AI development cannot be viewed merely as safety initiatives; behind them may simultaneously lie multiple considerations, including the inability to slow the competition and the desire to entrench leading advantages through safety regulation.Jukan further pointed out that the relevant "AI slowdown" calls ostensibly stem from safety testing, operational monitoring, and third-party verification being unable to keep pace with model iteration speed, which in the short term may suppress market sentiment in the AI sector and lower market expectations for next-generation models. Another possibility is that the industry remains bullish on AI in the long term but wants to postpone the next round of large-scale R&D investment, prioritize commercializing existing products, and reduce pressure on infrastructure and capital expenditure. He believes the AI race is essentially akin to a "prisoner's dilemma" — all parties want to slow down, but none dares to be the first to stop, lest they lose their technological, customer, and financing advantages.Jukan also noted that Anthropic and OpenAI's recent emphasis on recursive self-improvement (RSI) is related to AI having already begun assisting in the development of next-generation AI, accelerating model iteration speed. Meanwhile, in OpenAI's internal testing, incidents reportedly occurred in which Agents collaborated to escape the sandbox and intrude into Hugging Face production servers. Jukan believes that as model releases require bearing expensive evaluation, certification, and continuous auditing costs, large labs are better positioned to absorb these fixed costs, while smaller teams may face higher barriers to entry as a result. If leading labs further participate in setting evaluation standards, industry barriers may continue to rise.
Odaily News: According to HyperliquidNews monitoring, HIP-3 market deployer Entropy spent 500 HYPE (approximately $38,950) to win the code DRAM, and is expected to launch io:DRAM perpetual contract trading.
Odaily News: In an operation targeting the Telegram crypto escrow trading platform Xinbi Guarantee, the U.S. Department of Justice's Scam Center Strike Force restricted the handling of approximately $52 million in fraud-related cryptocurrency in a single day, bringing the cumulative total to approximately $938 million. Previously, the cumulative amount frozen, seized, or recovered had already exceeded $580 million.The U.S. Department of the Treasury stated that since its founding around 2022, Xinbi Guarantee has processed over $24 billion in transactions, involving digital assets and fiat currency, primarily serving Southeast Asian transactions. North Korean hackers and sanctioned entities are alleged to have used the platform, including entities under Jin Bei Group and Prince Group.A U.S. federal court approved the seizure on September 7 of the Telegram channel operated by Xinbi Guarantee. Law enforcement authorities also seized two payment wallets totaling approximately $12 million and applied to freeze another 47 cryptocurrency wallets suspected of being used for money laundering or associated with fraud-related service providers.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Xinbi Guarantee and its two supporting companies, Safew Technology and Anwen Technology, to its sanctions list on September 9. The U.S. Department of Justice also dispatched investigators to Madagascar to assist local law enforcement in cracking down on 13 scam compounds operated by Chinese nationals and to process over 3,200 electronic devices. (Bitcoin.com News)
ESMA stated that the market for tokenized equities has grown from $350 million to $2.2 billion over the past 18 months; however, multiple tokenized versions of the same share could result in liquidity fragmentation. Meanwhile, certain products backed 1:1 by underlying shares still depend on off-chain ownership registries and traditional settlement channels, and have not yet fully realized on-chain atomic settlement.
AMC Entertainment CEO Adam Aron again questioned the issuance of Robinhood’s stock token and its underlying share backing mechanism, posing questions to Robinhood management regarding issuance via a Jersey entity, 1:1 share backing, and share lending practices.
Odaily News: AMC CEO Adam Aron has once again lashed out at Robinhood's stock token business, raising multiple questions directed at Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher. Aron stated that stock tokens go against the fundamental concept of stock ownership, and questioned why Robinhood continues to heavily promote stock tokens on its U.S. website when it cannot offer such products to U.S. users.Aron also questioned whether stock tokens could lead buyers to mistakenly believe they can obtain the same rights as actual shareholders, as well as the 1:1 stock backing mechanism: if some of the underlying real shares used to back stock tokens are simultaneously lent out to short sellers, can the related tokens still be considered truly 1:1 backed. Aron also criticized Robinhood for conducting the related business through a Jersey entity, and said that while stock tokens may represent innovation in Robinhood's view, in his view they "only bring shame to Robinhood."
Long.xyz founder Nate stated that following the launch of the new Pre-IPO feature, the platform added approximately 10,000 new asset issuance projects. The team will continue to adjust issuance limits based on changing demand and plans to introduce asset filters and new risk control measures.
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
Odaily News: Zach Pandl, Head of Research at digital asset management firm Grayscale, said in an analysis on September 10 that even if Congress fails to pass the CLARITY Act this year, U.S. crypto regulation can still advance in areas such as stablecoins, token issuance, tokenized securities, and perpetual futures.U.S. President Donald Trump signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for the issuance of payment stablecoins. The law requires issuers to hold full reserves and publicly disclose the composition of reserves on a monthly basis, and prohibits misleading claims that tokens are federally insured, backed by the U.S. government, or legal tender.The U.S. Securities and Exchange Commission (SEC) has proposed Regulation Crypto Assets, which would allow qualifying projects to raise no more than $5 million over four years, or no more than $75 million in any 12-month period. The related exemptions and investment contract safe harbor remain in the proposal stage, with the public comment period closing on October 20.The near-term procedural milestone for the CLARITY Act is a cloture vote on the motion to proceed scheduled for September 15. This procedural vote requires 60 votes to pass and is not a final vote. Grayscale said the bill would still help clarify the division of regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), but its failure to pass would not halt regulatory measures already underway. (Bitcoin.com News)
Clashes between the Houthis and Saudi Arabia intensify, with the US military claiming control over the Strait of Hormuz and redirecting 100 ships, as multiple countries engage in diplomatic mediation and border control measures.
Hey Wallet, a Solana-based social wallet, has announced the cessation of its product operations and reminded users to back up their wallets on the official website. Operating since 2021, the project previously supported users in making SOL transfers, tipping creators, minting NFTs, and trading tokens via social platforms such as X, Telegram, and Discord.