News linked to both this project and an event.
Odaily reports: Porsche announced on October 1 that it is ending its Web3 project and PIONEERS CIRCLE. The PORSCHE 911 NFT will remain in holders' wallets and on-chain, the PIONEERS Discord server will be converted to a read-only archive, and the @eth_porsche account will stop posting updates.The collection was originally planned to issue 7,500 pieces, with minting opening in January 2023 at 0.911 ETH each, and ultimately 2,363 pieces were minted. Porsche has not announced any token burn, buyback, migration, or redemption plans, and holders can still hold, transfer, or list their NFTs for sale.The PORSCHE 911 NFT has accumulated nearly $20 million in total trading volume, with approximately $38,000 in trading volume over the past year and about $2,900 over the past month. (Bitcoin.com News)
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
HSBC has named its Hong Kong stablecoin HSBC RedCoin. In the first phase, it will focus on person-to-person (P2P) and person-to-merchant (P2M) payments, with plans to later expand to commercial banking and corporate levels. Maggie Ng, Chief Executive Officer of HSBC Hong Kong and General Manager of Retail Banking and Wealth Management, stated that launching a stablecoin is a starting point for supporting Hong Kong's financial innovation. (HK01 NFT)
Odaily News: Porsche's Web3 project PORSCHΞ announced on X that the project and the PIONΞERS CIRCLE community have ceased operations. Follow-up arrangements include: the previously issued PORSCHΞ 911 NFT will continue to be held by holders and remain on the blockchain, the PIONΞERS Discord server will be converted to a read-only archive state, and the official PORSCHΞ project X account will no longer be actively updated.Additionally, according to NFTScan data, the current floor price of PORSCHΞ 911 NFT is 0.0794 ETH, with only sporadic transactions recently.
Yuga Labs blockchain vice president Quit posted on X that the asset claim website for NFTs stolen in the previous Payment Processor vulnerability incident has gone live. However, if an NFT collection uses the ERC721C or ERC1155C standard, its holders may temporarily be unable to claim assets through the NFT claim website. A number of NFT collections are currently affected by this issue. The relevant collections controlled by Yuga Labs are expected to be fixed by tomorrow. In the meantime, users can enable "7702 delegate OTC" in the transfer verifier settings, or add the specified Ethereum address and ApeChain address to the 7702 delegated address whitelist to remove the relevant restrictions.
Odaily report: According to RevokeCash monitoring, if users have previously traded NFTs on the Magic Eden Ethereum marketplace, their wallets may have granted approval to Limit Break's Payment Processor contract; this contract currently has a known vulnerability, and it is recommended to revoke the approval. Magic Eden previously stated that NFTs currently still listed on its platform are not affected by this vulnerability; NFTs listed through its EVM marketplace between approximately February 2024 and October 2024 may be affected, while listings after October 2024 are in principle not affected. Magic Eden is contacting protocol owner and maintainer Limit Break to study other risk mitigation measures, including pausing protocol transfers, and continues to investigate the actual scope of impact.Users who have previously listed or traded NFTs on the Magic Eden EVM marketplace should revoke the relevant contract approvals on Ethereum, Polygon, and Base networks, and revoke all NFT approvals marked as "approved for all." Yuga Labs Blockchain Vice President Quit stated that the asset claim website for the Payment Processor vulnerability NFT theft incident has officially launched; affected users whose NFTs were successfully safeguarded can now claim, but must first revoke their approval to the Payment Processor.
Yuga Labs blockchain vice president Quit posted on X that the NFT theft incident asset claim website nftsaresafu.xyz has officially launched. Affected users whose NFTs were successfully preserved can now proceed with claims, but must first revoke authorization to PaymentProcessor.Quit stated that approximately $6 million worth of NFTs were successfully rescued this time, but some assets could not be preserved. Additionally, some NFT collections cannot be claimed at present due to Transfer Validator restrictions, and coordination with the relevant project teams will be handled in the coming days. The claim process involves EIP-7702 delegated wallets, which may cause transaction simulation anomalies or risk warnings on wallets such as Rabby.
Yuga Labs Blockchain VP Quit posted on X that the NFT theft claims portal currently being built is expected to go live within the next few hours, and a dedicated address nftsaresafu.eth has been created to accept donations in ETH and other tokens.Quit stated that in addition to investing significant time, they paid approximately $7,500 in gas fees last night to handle related matters, and thanked the community for its support through channels such as X Money.Earlier reports indicated that NFT marketplace Magic Eden appears to have suffered an NFT security vulnerability, with white-hat hackers moving 3,832 NFTs from hundreds of wallets, worth approximately $1.5 million.
Odaily reports: The Hong Kong Securities and Futures Commission has published a strategic action agenda for implementing its first five-year plan. In the short term, it will introduce a new digital asset licensing regime and implement digital asset custody supervision, CrypTech market surveillance, and anti-money laundering capacity building.In the medium to long term, it will develop a regulatory framework for tokenized investment products as appropriate, covering tokenized gold and other real-world assets. The institution will also support the Hong Kong SAR government in establishing a central gold clearing and settlement system and developing RMB-denominated gold and commodity products. (HK01 NFT)
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.
Odaily News, Tom Lee stated that during historical crypto bull market cycles, the ETH/BTC ratio typically rises as Ethereum's usage increases relative to Bitcoin. The ICOs of 2017-2018, the NFTs of 2020-2021, and stablecoins in 2025 have all served as significant catalysts driving Ethereum adoption growth.Lee believes that in the next cycle, Wall Street's tokenization of assets and deployment on blockchains, as well as Agentic AI's use of blockchain technology, could further push the ETH/BTC ratio higher.Lee noted that heading into the final months of 2026, the crypto market is facing several positive catalysts, including the anticipated CLARITY Act vote in mid-September, South Korean investors re-entering the crypto market and rotating from AI stocks, and the "four-year cycle" which he believes will bottom out in the coming weeks. These factors could pave the way for a significant influx of institutional capital in the last months of 2026.Lee also pointed out that since Q3 2026, ETH has been the best-performing macro asset, outperforming the S&P 500 by 5,430 basis points as of last Friday. The three best-performing assets since June 30 are ETH, BTC, and SOL. He believes that crypto assets' significant outperformance relative to other macro assets so far this quarter is likely to further attract institutions to increase their crypto allocations. (PRNewswire)
Odaily News: Bybit Alpha has now listed $OTC for trading. $OTC is a Solana-based token that, when burned, mints an OTC Desk NFT, granting holders automatic access to tokenized stocks, Pre-IPO assets, and yield distributions. The current on-chain price of OTC is approximately $0.025, with a market cap of $16.6 million.
Odaily News: Jupiter, a decentralized finance platform on Solana, announced that its physical card product Jupiter Gacha has been natively integrated into Jupiter Mobile. Users can purchase, open, and collect physical trading cards within the iOS and Android apps, including graded Pokémon and One Piece cards.Jupiter Mobile has surpassed 1.68 million downloads across iOS and Android platforms, with 240,000 monthly active users. Over the past 30 days, the app recorded a trading volume of $575 million, generating $770,000 in fees.After users purchase digital card packs in the app, packs are opened via smart contracts and verifiable on-chain randomness; each NFT corresponds to a physical card that is graded, certified, and stored in an insured vault by a third party. When users redeem physical cards, the corresponding NFT is burned and the delivery process is initiated, with insurance coverage during shipping. (Bitcoin.com News)
Odaily News: Solana NFT project BOOGLE announced on platform X that fomo co-founder Se Yong acquired BOOGLE #041 through an over-the-counter (OTC) transaction for 850 SOL, valued at approximately $89,000.Previously, market speculation suggested that fomo may support NFT trading in the future.
According to The Block, OpenSea has added support for Solana non-fungible tokens (NFTs), enabling users to buy, sell, and trade on-chain digital collectibles from collections such as Mad Lads, Claynosaurz, BoDoggos, Collector Crypt, and Phygitals on its platform.
Odaily News - StonkBrokers development team Clutch Markets announced on X the launch of the STORMM (Stock Token Optimized Regenerative Market Maker) mechanism, and plans to launch Leverage Machine, a permissionless on-chain options exchange built on this mechanism, in September. On Leverage Machine, users can provide stock token or ETH liquidity and earn LP fees, option premiums, and stock token multiplier dividends. Other users can purchase call or put options based on the corresponding liquidity. Notably, every option position on the platform will be minted as a tradable NFT, recording position size, strike price, expiration time, and in-the-money status, and can be traded on NFT marketplaces such as OpenSea.In addition, Leverage Machine will introduce Easy Mode, where users only need to input their predictions on stock token price and time horizon, and the system will automatically match the corresponding strike price liquidity and complete the option trade. For option buyers, this mode has no forced liquidation like perpetual contracts—positions will simply expire worthless or be exercised if in-the-money at expiration.
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
Odaily News Pons announced on the X platform that since its launch one month ago, the platform's cumulative trading volume has approached $2.5 billion, with over 290,000 tokens issued and more than $15 million in rewards distributed to token creators. Additionally, Pons allocates 80% of protocol revenue to buy back PONS, and has so far burned over $9 million worth of PONS, accounting for nearly 30% of the total token supply.Furthermore, Pons expressed optimism about NFTs and their applications in combination with tokens, and is currently developing related products with two partners. In addition, Pons plans to open migration features for communities looking to conduct a CTO on Pons v1 tokens, as well as for projects hoping to migrate from Solana to Robinhood via Pons. Pons also stated that its iOS App has entered the testing phase.
: Cardano ecosystem wallet project SecondFi has announced the launch of a wallet migration tool and revealed a recovery plan for assets affected by the June 2026 security incident. As the project will cease operations, users are required to migrate remaining assets still held in SecondFi wallets. The migration tool is expected to go live on August 13, supporting the transfer of eligible ADA, Cardano native tokens, and NFTs to new Cardano wallets created with service providers of the users' choosing. Currently, the tool only supports Cardano network assets; non-Cardano assets must be transferred separately through corresponding network and wallet processes. SecondFi stated that the migration tool has passed an independent security assessment by security firm Bitdefender. For affected assets, SecondFi plans to launch a recovery portal before September 10, where users can verify wallet ownership via zero-knowledge proofs (ZK Proof) and submit asset claims. SecondFi reminds users to only rely on information published through official channels, including @secondfiapp, @secondfi_jp, and the official support website, to guard against phishing sites and impersonating accounts.
Odaily News: Flap has announced the launch of bBroker Vault, powered by bStocks, on BNB Chain, combining Meme coin trading activity with NFT yields and tokenized stock ecosystems through a new mechanism.Under this mechanism, users are required to pay a fixed fee in corresponding tax tokens to mint bBroker NFTs, and the tokens paid are burned directly. Subsequently, trading fees from quote assets flowing into the Vault are automatically allocated to a "dividend pool" and a "floor price pool," enabling NFT holders to continuously earn dividends in quote assets without staking or locking up.Meanwhile, each bBroker NFT carries an on-chain floor price backed 1:1 by assets in the floor price pool, and holders can sell the NFT back to the Vault at any time to exit. Flap positions this mechanism as a novel on-chain economic model integrating Meme coins, NFTs, and stock assets.