News linked to both this project and an event.
Bitget PoolX has launched an ETH staking campaign, allowing users to lock their ETH to share a 500,000 USDT prize pool, with a personal staking limit of 1,500 ETH. The staking period runs from September 29 at 15:00 to October 5 at 15:00 (UTC+8). This round of PoolX features a long-term holding bonus mechanism. The system will apply additional bonuses to staked amounts based on users' minimum ETH holdings over the past 15 days. For more details, please refer to the Bitget official platform.
Odaily reports: Josh, Vice President of prediction market Polymarket, stated on X that the team is fully developing a Rust-based full central limit order book (CLOB), and the current CLOB is the root cause of most of the platform's issues.According to the plan, October will see the completion of the full order lifecycle process in the testing environment, including trading, settlement, on-chain interactions, indexer, and engine notifications; in November, all production traffic will be mirrored to the new trading cluster and results will be compared with the existing system. At the same time, testing access will be opened to market makers, and the migration and switchover plan will be finalized, with two full drills completed before the official switchover. Josh also stated that if progress goes smoothly, the new system will be officially launched afterward, and the migration is expected to require no changes or only minimal changes for market makers and developers.
Odaily News — Stablecoin issuer Tether has announced that, in cooperation with the U.S. Department of the Treasury's enforcement actions targeting Iranian sanctions evasion networks, it has assisted in freezing approximately $550 million in USDT assets linked to Iran's central bank and sanctioned networks during 2026. This includes over $344 million frozen in April based on information from the U.S. Office of Foreign Assets Control (OFAC) and law enforcement agencies, as well as over $130 million frozen in July.To date, Tether has established partnerships with more than 340 law enforcement agencies across 67 countries and regions worldwide, supporting over 2,800 investigations and freezing a cumulative total of more than $4.9 billion in illicit assets (of which over $2.4 billion is related to U.S. law enforcement actions). The company has also directly aligned its wallet freezing mechanism with the U.S. Specially Designated Nationals (SDN) List.
Odaily News: Tether has announced a partnership with Shiga to launch self-custodial financial products in Africa and the Gulf Cooperation Council (GCC) region based on its open-source Wallet Development Kit (WDK), enabling users and institutions to hold and transfer USD₮, Bitcoin, and Tether Gold (XAU₮).Among them, ENTA targets individuals, high-net-worth users, and enterprises, while Pulse targets institutions such as banks and fintech companies, used for building digital asset payment, treasury management, and settlement services. Shiga is currently in the final stage of approval for a digital asset intermediary license in Nigeria.
Decentralized computing network Acurast has announced the large-scale deployment of the open-source "System 1" decision model, Laya, across its global smartphone nodes. Developed by Convai Innovations and licensed under Apache-2.0, the model is not primarily designed for text generation. Instead, it makes real-time decisions and executes the next step based on options provided by applications, making it suitable for scenarios such as game control, autonomous navigation, email classification, content recognition, and security auditing. According to Acurast, each decision made by Laya is executed directly on Android smartphone nodes via CPU, leveraging the device's built-in trusted execution environment (TEE) to ensure computational confidentiality and verifiability, with each decision typically taking approximately 0.2 to 1 second. Currently, the Acurast network is connected to over 280,000 smartphones across more than 175 countries worldwide, having cumulatively processed over 918 million on-chain transactions.
According to CoinDesk, Hong Kong-based stablecoin payment company RedotPay announced on Monday that it has completed its financial audit and anti-money laundering and counter-terrorist financing compliance review, both conducted by Big Four accounting firms, as a necessary preparatory step for applying to launch an initial public offering (IPO) in the United States.
The official GIWA account (@GIWA_by_Upbit) issued a clarification stating that the project's mainnet has not yet launched and no RPC has ever been deployed, meaning there is no risk of any RPC leak. Users were reminded to conduct their own research (DYOR) and remain vigilant against FUD and fraudulent information. GIWA is an Ethereum L2 project developed by Upbit’s parent company, Dunamu, based on the OP Stack. Aiming for 1-second block times and EVM compatibility, the project is currently still in the testnet phase.
Odaily News: Blockworks analyst Shaunda Devens posted on X that Polymarket's current FDV valuation of approximately $1.5 billion for Variational is somewhat overly optimistic. This pricing directly applies Hyperliquid and Lighter-level valuation-to-revenue multiples to a platform that still relies on points subsidies. By comparison, the median first-day "FDV / annualized revenue" ratio for recently launched Perp DEX tokens is only 6.3x (Variational is currently around 57x), and within the first month after TGE, trading volume typically drops sharply by a median of 54%.Shaunda added that if conservative assumptions based on historical precedents are adopted (using the median first-day "FDV/annualized revenue" ratio of 6.3x), Variational's fair valuation would be only $167 million, corresponding to a points price of $4.8–$5.4. Even using the highest recent ratio precedent (Lighter's approximately 21.1x), its valuation would still only be about $558 million, corresponding to a points price of $16–$18.However, Shaunda also explained: "To be clear, given that current market risk appetite is clearly in a Risk-on state, we do not believe Variational's valuation at TGE will fall to the extremely conservative range mentioned above. These historical multiples are listed to illustrate that current pre-market OTC pricing may be overly optimistic."
Odaily Report: Michael Saylor published a long article titled "Prescriptions for Prosperity in the Digital Economy," stating that artificial intelligence will greatly enhance the productive capacity of individuals and enterprises, thus requiring greater freedom to create, finance, own, and trade assets. He proposed establishing a "Digital Bill of Rights" for digital assets, the core of which is to grant individuals and enterprises the rights to Create, Issue, Custody, Transfer, and Use digital assets, and to provide foundational protections in financial privacy, asset ownership, and market access.Saylor believes that digital intelligence will drive the birth of a large number of new enterprises, and that the cost, complexity, and time required for financing should be reduced, while capital formation efficiency should be improved through means such as digital tokens. He proposed aiming to enable 10 million new businesses to access financing, while establishing clear issuance rules and risk-matched information disclosure requirements.Regarding the digital dollar, Saylor advocates allowing banks, fintech companies, and technology platforms to compete more fully in digital dollar products, and permitting issuers to compete on yield. He believes that the United States can further expand the global reach of the dollar by allowing enterprises to develop more competitive digital dollar products.As for Bitcoin, Saylor defines it as "Digital Capital," advocating that banks be allowed to custody Bitcoin under clear rules and provide credit using it as collateral, while establishing a viable path for insurance companies to include digital capital in their balance sheets and product design. He specifically mentioned that the Basel Accord applies a 1250% risk weight to certain crypto asset exposures, and believes that regulators should reassess relevant capital requirements based on the actual risks of digital assets and specific business activities.
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.
Odaily reports: The U.S. Securities and Exchange Commission (SEC) issued a position on September 17, granting a five-year exemption for qualifying tokenized U.S. stocks, allowing them to be traded on-chain in the United States. The tokens must carry the same dividend, voting rights, and share class rights as the underlying stocks.Synthetic exposure products are not covered by the exemption. AMC Entertainment CEO Adam Aron called Robinhood's tokenized AMC shares a "quasi-fake market" and threatened legal action, while Robinhood CEO Vlad Tenev stated that public companies have no right to approve every product developed based on their stocks.Over seven trading days from August 31 to September 9, the median deviation between the closing price of Robinhood AMC tokens in the Uniswap pool and the closing price of AMC on the New York Stock Exchange was 0.87%, with a maximum deviation of 2.71%. The Uniswap pool carries approximately 95% of the related trading volume. (CoinDesk)
According to official announcements, the Pharos ecosystem project Prosper has officially launched its 7-day Trading Challenge. Reports indicate that the Prosper platform currently features six meme assets with market caps exceeding $2 million, with momentum steadily rising. This event features a total prize pool of 100,000 $PROS, consisting of: Top 50 Leaderboard Pool (80,000 $PROS): Distributed proportionally based on eligible trading volume; Participation Pool (20,000 $PROS): Proportionally shared by users who achieve a minimum eligible trading volume of $1,000; Additionally, net buys on the Bonding Curve will receive a 5x points multiplier. The official team has also launched community tasks on Galxe, allowing participants to claim an exclusive Navigator Badge.
According to The Block, New York-based stablecoin payment and tokenized asset company HIFI has announced the completion of a $37 million Series A financing round led by Left Lane Capital. Proceeds from the funding will be used to expand its tokenized capital market infrastructure and product lines. HIFI provides API infrastructure that integrates fund flows, compliance, and settlement capabilities, currently processing over $7 billion annually across 87 countries. Prior to this round, HIFI participated in a tokenized securities production trade co-hosted by DTCC, BlackRock, Goldman Sachs, and Nasdaq in July. Later this month, it partnered with Visa to extend its stablecoin settlement platform to remittance and card payment scenarios, initially supporting stablecoin settlements for more than 4 billion Visa cards globally.
Odaily News: Colb announced on September 24 that its digital finance AI agent Colbee has launched on WhatsApp. The product simplifies the use of DeFi and on-chain financial products through conversational interaction, allowing users to explore and access related products via natural language without directly operating wallets, networks, or decentralized trading platforms.Colbee previously primarily served accredited investors and has executed over $40 million in crypto asset and tokenized asset transactions based on client instructions and signatures. Currently, it supports 10,163 on-chain operations across Ethereum, BNB Chain, and Polygon, including 63 product operations, 3,368 swap routes, and 6,732 cross-chain routes, and has integrated infrastructure such as PancakeSwap. Colbee does not hold users' private keys or funds, nor does it make autonomous investment decisions; every transaction must be reviewed by the user and signed through their own wallet. Some tokenized financial products still require eligibility certification, identity verification, and regional restrictions. Colb plans to increase the platform's TVL to $1 billion by 2027, and its colb.finance currently has a TVL exceeding $108 million.
Tencent QClaw has issued a service discontinuation announcement. Starting today, QClaw will suspend new user registrations and subscription purchases and renewals, with official service termination set for 00:00 on December 24, 2026. Eligible unused subscription services and credit packs are eligible for pro-rated refunds based on actual usage. Users may export or migrate configurations, memory files, AI agent personas, and chat histories to WorkBuddy. The backup download functionality will remain accessible until 00:00 on March 24, 2027, after which all associated user data will be legally purged.
Odaily News: Bitwise has released its first "Institutional Crypto Asset Adoption" report, based on interviews with investment professionals responsible for crypto asset allocation at 15 large institutions. The report states that between Q4 2025 and Q2 2026, the crypto market experienced an overall drawdown of approximately 50%, yet none of the surveyed institutions reduced their crypto asset allocations, and some even increased their holdings further. All surveyed institutions holding crypto assets hold Bitcoin, with most viewing it as a store of value and ranking it alongside gold as a hedge against fiat currency depreciation. The report also shows that the surveyed institutions' crypto asset allocation ratios range from 0.5% to 13% of investable assets, with most concentrated between 1% and 2%.
Jameson Lopp, co-founder of Casa, stated that BitcoinPoliticians, a crowdsourced open-source data project tracking government officials' crypto holdings, has completed a data update based on the latest publicly available financial disclosure filings from this year. The results show that of the 535 members of the U.S. Senate and House of Representatives, only 5% have officially disclosed holding cryptocurrencies or related digital assets.
Odaily News: Visa has released its "Money Travels 2026" report, based on a survey of 2,192 U.S. adults, showing that if stablecoins were equipped with bank-grade fraud protection and deposit insurance, consumer willingness to use them would rise from 36% to 56%; if offered through existing financial institutions, willingness would also increase to 45%. The survey also found that 56% of respondents had never heard of stablecoins, and 64% of respondents had greater trust in payment providers than in the technology itself. Currently, the total global supply of USD-pegged stablecoins has exceeded $295 billion, with USDT at approximately $183.4 billion and USDC at approximately $76 billion; Visa's annualized stablecoin settlement volume has surpassed $20 billion, representing more than a 15-fold increase from a year ago. (The Block)
Aave founder Stani posted on X to clarify views regarding Aave V4, stating that the Hub and Spoke in V4 are isolated by default based on risk profiles, but markets with similar risk can share liquidity through the Hub and increase capital utilization and capital efficiency within set limits. Stani said that completely isolating liquidity could lead to capital fragmentation, reduced utilization, and higher user costs.Stani also stated that V4 has attracted approximately $1.2 billion in deposits and is deployed across multiple networks including Ethereum, Avalanche, and Arc, while also supporting third-party curators such as EtherFi. The V4 codebase is significantly smaller than Aave V3, and Spoke can directly use the Hub's liquidity without needing to build up liquidity from scratch like traditional curated vaults.
According to FinTech Global, Chicago-based AI startup Go.AI has completed an $85 million Series A funding round led by Updata Partners, with existing investors GFT Ventures and LAUNCH participating, bringing the company's total funding to $90 million. The company provides on-premise, auditable AI infrastructure for regulated entities such as banks. The new capital will be used to expand the engineering team and increase marketing efforts, driving the company's expansion from its core regulated industries to a broader range of compliance-oriented institutions.