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Echo Base Forms BitMart Creditors' Committee to Recover Frozen Assets

Odaily News - Echo Base, an institution focused on stable digital asset companies, assisted in forming the BitMart Creditors' Committee on September 2 to represent users holding frozen assets, and has retained legal counsel to evaluate recovery options, including filing for unfunded bankruptcy proceedings.On August 6, Echo Base proposed a funding package of up to $10 million to support BitMart in filing a pre-negotiated bankruptcy application, but received no response from BitMart. Echo Base stated that its actions stem from BitMart's failure to respond to the restructuring proposal and users' withdrawal requests.Sonn Law Group has launched an investigation into users with frozen assets of $500,000 or more on BitMart, assessing potential claims and asset recovery options. Echo Base CEO Roshan Dharia stated that BitMart's employee plan can only sustain operations until January 2027, and the longer the delay, the fewer viable options remain. (Bitcoin.com News)

G20 Supports Clear Regulatory Pathways for Digital Assets, Urges Stronger AML Enforcement for Virtual Assets

Odaily News: The G20 Finance Ministers and Central Bank Governors convened from August 31 to September 1 in Asheville, United States, and voiced support for establishing clearer regulatory pathways for digital asset growth, placing digital assets on the agenda for the U.S. presidency term of 2026.The G20 stated that digital financial innovation can support broad-based economic growth, with the private sector playing a key role in driving related innovation. The meeting also highlighted global stablecoins, cross-border payments, and extended operating hours for large-value payment systems as key topics, while endorsing the adoption of the ISO 20022 data standard.The G20 called on the Financial Action Task Force (FATF) to prioritize jurisdictions with significant virtual asset activity, strengthening the enforcement of anti-money laundering (AML) standards. As of July, among the 149 jurisdictions assessed by the FATF, only 1 fully complied with the relevant standards, 34% were largely compliant, 43% were partially compliant, and 22% were non-compliant. (Bitcoin.com News)

OCEAN Mining Pool Stops Supporting BIP-110 Bitcoin Fork

According to Bitcoin News, mining pool OCEAN has officially announced it will stop supporting the BIP-110 chain due to limited mining activity on the chain and its shift to a Blake2b proof-of-work mechanism. OCEAN stated that it will not adopt or support the BIP-110 hard fork, nor will it continue to pay related BIP-110 rewards.

FBI seizes approximately $560,000 in cryptocurrency and takes control of Hamas fundraising website

Odaily News: The U.S. Federal Bureau of Investigation (FBI) has seized approximately $560,000 in cryptocurrency and taken control of the domain and servers of a fundraising website linked to Hamas. The U.S. Department of Justice stated that these funds were allegedly intended for use by Hamas's military wing, Al Qassam Brigades.Investigators tracked and confiscated the relevant crypto assets based on three seizure warrants issued on March 25, June 25, and October 10, 2025. Court documents show that the assets involved include Bitcoin, Ethereum, Wrapped Ethereum, Tether (USDT), and TRON (TRX), distributed across 18 addresses controlled by Tether and 3 Binance accounts.According to court documents, encrypted chat groups had directed supporters to visit AlQassam.ps and solicited donations via rotating wallet addresses. After the FBI took over the relevant domain and servers, it obtained information on thousands of individuals who had contacted Hamas to inquire about making donations. (Decrypt)

Over the past six months, Bitcoin's correlation with U.S. stocks has been lower than that of gold, small-cap stocks, emerging markets, and U.S. Treasuries

Odaily News: Bloomberg ETF analyst Eric Balchunas stated on the X platform that over the past six months, Bitcoin's correlation with U.S. stocks has been lower than that of gold, small-cap stocks, emerging market equities, and even U.S. Treasuries. Eric Balchunas noted that he verified the data after seeing related posts. Bitcoin's correlation has remained around 0.40, while correlations for gold and U.S. Treasuries have increased. Eric Balchunas said that although this time window is relatively short, the situation is still worth noting and does not support the claim that "Bitcoin is only correlated with QQQ."

Coinbase launches regulated crypto derivatives contracts in Canada for the first time

According to an official Coinbase blog post, Coinbase has officially launched regulated derivative contracts through its subsidiary Coinbase Financial Markets (CFM) for qualified Canadian traders, becoming the first major cryptocurrency platform to offer native crypto futures in Canada. The product lineup includes 23 perpetual and term futures covering assets such as Bitcoin, ETH, and SOL; five commodity futures such as gold, silver, and crude oil; and COIN50 index futures, with leverage of up to 10x. All contracts are provided by CFM, a CFTC-registered futures commission merchant, with limited-time fees as low as 0.02% per trade plus $0.11 per contract. Previously, Canadian investors lacked access to regulated cryptocurrency derivatives channels and had long relied on offshore or unregulated platforms.

Mexican Billionaire Salinas: Fiat Inflation Is an Invisible Tax, Should Buy and Hold Bitcoin

According to Bitcoin Magazine (@BitcoinMagazine), Mexican billionaire Ricardo Salinas has publicly voiced his support for Bitcoin, stating, "Bitcoin changes a fundamental rule: no one can simply print more money just because they want to," and described fiat currency inflation as an "invisible tax." He urged the public to educate themselves, buy and hold Bitcoin to protect their savings and defend freedom. Notably, Salinas is currently under investigation for tax fraud in both Mexico and the United States.

Function x Bybit: BTC On-chain Earn Annualized Yield Increased to 1.2%

It is reported that Bybit On-Chain Earn has launched an upgraded BTC staking solution in partnership with Function (FBTC): a fixed-term product of 45 days with a minimum annualized yield of 1.2% (previously 0.8%), featuring a maximum individual subscription limit of 200 BTC. The product supports automatic renewal upon maturity, with principal and earnings seamlessly rolling over into the next period. Participation requires completing Level 1 KYC verification, and early redemption is not supported during the staking period.

Strategy opposes MSCI's proposed index screening, may be removed from the Global Investable Market Index

Bitcoin treasury company Strategy Inc. requested MSCI on August 31 to withdraw the eligibility test that could result in its removal from the Global Investable Market Index (GIMI). Executive Chairman Michael Saylor and CEO Phong Le stated that the methodology is discriminatory, arbitrary, and misguided.MSCI proposes a two-stage screening process, where companies with operating assets exceeding 50% of total assets may retain their eligibility. Those that fail this test may be disqualified if they trigger at least four of five financial indicators. Simulations show that Strategy, Metaplanet, and Yellow Cake may be removed from the index, with Strategy involving a market capitalization of approximately $23.93 billion.Strategy stated that neither U.S. GAAP nor IFRS distinguishes between operating and non-operating assets in the manner proposed by MSCI, and it lists its bitcoin treasury business as a separate operating segment. The company also has approximately 1,500 employees, a software business with annual revenue nearing $500 million, and issues bitcoin-backed credit instruments. The MSCI consultation will end on September 30, with a decision expected to be announced on October 16. (Bitcoin.com News)

Analyst: Approximately 2-3% of BlackRock IBIT capital inflows come from self-custody users.

Citing Bloomberg ETF analyst Eric Balchunas, The Wolf of All Streets (@scottmelker) notes that approximately 2%-3% of the inflows into BlackRock's iShares Bitcoin Trust ETF (IBIT) have come from users who previously self-custodied Bitcoin, with Balchunas believing this proportion still has room to grow. He also points out that for Bitcoin users seeking censorship resistance, ETFs cannot replace on-chain self-custody; however, for those merely looking to hedge against currency debasement, ETFs represent a highly attractive store of value. Additionally, other analysis indicates that Morgan Stanley's Bitcoin ETF has seen zero outflows since its launch five months ago, which is viewed as a reflection of the current market's strong confidence in Bitcoin as an asset class.

Bitfinex Securities launches five tokenized notes tied to Bitcoin treasury companies such as Strategy and Metaplanet

According to Cointelegraph, Bitfinex Securities has announced the launch of five tokenized notes tracking the equity performance of Strategy, Metaplanet, Swedish H100 Group, French Capital B, as well as Strategy's variable-rate perpetual preferred shares, STRC. The notes are issued through the Luxembourg-based ORO II fund, backed by underlying securities held in custody by regulated financial institutions, but do not grant investors direct ownership of the corresponding company shares. The products support trading priced in USD, USDT, and BTC, with a minimum investment of approximately $1, and are exclusively available to qualified non-U.S. investors. Bitfinex Securities stated that this marks the first time such products have been traded on the secondary market within a regulated tokenized securities exchange, with the total value of listed assets on the platform now exceeding $500 million.

Wintermute Weekly: BTC Digests 23% Rally, ETFs See First Outflow After Nine Consecutive Days of Net Inflows

According to the weekly market report by Wintermute OTC trader @Jjay_dm, Fed Chair Warsh delivered a hawkish speech at Jackson Hole, reiterating the 2% inflation target and pushing the probability of a September rate hike to 61.9%, making the September 15-16 FOMC meeting a key catalyst for risk assets. In cross-asset performance, 20+ year US Treasuries led gains (+1.01%), followed by altcoins (+0.61%), the S&P 500 (+0.47%), and the Nasdaq (+0.42%). BTC closed flat (+0.10%), while ETH (-0.86%), the Russell 2000 (-1.40%), gold (-3.42%), and Brent crude oil (-4.31%) were the weakest performers. In the crypto market, BTC digesting its previous 23% rally, encountered repeated rejections at the $82k resistance level. It reached an intraday high of $81k earlier this week, dipped below $78k following Warsh's remarks, and ultimately closed flat. BTC ETFs posted nine consecutive days of net inflows totaling $924 million, with a first-time single-day outflow of $202 million on Friday. ETH ETFs logged net inflows of $816 million this week, with no single-day outflows. SOL and XRP ETFs both set new 2026 weekly inflow records, reaching $154 million and $110 million, respectively. Strategy increased its position again on Monday, raising $2 billion, with approximately $16

Bitfinex Securities Lists 5 Tokenized Notes, Offering Exposure to Bitcoin Treasury Companies Including Strategy and Metaplanet

Odaily News - Bitfinex Securities, the tokenized investment platform under crypto exchange Bitfinex, has listed 5 tokenized notes, providing eligible investors with economic exposure to bitcoin treasury companies such as Strategy, Metaplanet, H100 Group, and Capital B. The platform has also listed Strategy's floating-rate perpetual preferred stock, STRC.The aforementioned notes are issued through the Luxembourg-based ORO (II) fund and managed by SICOS Securities. The underlying securities are held in custody by regulated financial institutions but do not grant investors direct ownership of shares in the corresponding companies. The products allow fractional investments starting from approximately $1 and support trading in USD, USDT, and Bitcoin, and are only available to eligible non-US investors.Bitfinex Securities stated that this marks the first time such products are available for secondary trading on a regulated tokenized securities exchange. Following the completion of a $50 million tokenized fundraising round for metals company Alkemya in August this year, the platform's total listed assets have surpassed $500 million. (Cointelegraph)

Campaign of Brazil's pro-Bitcoin presidential candidate suspended, over $6.4 million in public funds frozen

According to BeInCrypto, Brazil's Superior Electoral Court (TSE) ruled on August 31 to suspend presidential candidate Renan Santos's digital campaign and freeze approximately 3.3 million reais (about $640,000) in public campaign funds. Justice Dias Toffoli ruled that because Santos registered his 16 campaign social media accounts 12 days past the filing deadline, he violated regulations. He was barred from participating in debates and placing paid political advertisements, with a fine of 50,000 reais (about $10,000) imposed for each violation. Santos had publicly pledged at the "Rio Blockchain 2026" conference on August 13 that if elected, he would establish a national Bitcoin reserve and turn Rio de Janeiro into a "crypto-friendly" city, while abolishing the Financial Operations Tax (IOF), making him the only candidate in this election to openly support a Bitcoin reserve. Santos termed the ruling "censorship" and stated he would pursue an appeal. His candidacy has not been revoked, and street campaigning may continue. Brazil's general election will take place on October 4.

Vietnam Launches Crypto Asset Pilot Framework, Global Tokenized Asset Market Projected to Exceed $14 Trillion by 2030

: The Vietnamese government issued a resolution in September 2025, launching a national pilot framework for crypto assets. Under the framework, crypto assets issued within the country must be backed by real-world assets, excluding securities and fiat currencies, and will initially be open only to foreign investors.Boston Consulting Group projects that the global market for tokenized real-world assets could surpass $14 trillion by 2030. Vietnam's State Securities Commission stated that five companies have passed the preliminary assessment for establishing exchanges, with final approval subject to meeting Level 4 information system security standards and maintaining registered capital of approximately $383 million.The Vietnamese government issued a decree on July 16, imposing fines ranging from approximately $1,150 to $1,918 for violations in the crypto asset market, with the decree set to take effect on September 1. Domestic investors will not be immediately penalized for trading on unlicensed platforms; the requirement that they may only trade through licensed institutions will come into effect six months after the Ministry of Finance issues its first exchange license. (Bitcoin.com News)

BIP-110 minority chain restarts, switching to Blake2b and reducing block size to 300 KB

Odaily News: The BIP-110 community restarted the stalled minority fork chain this weekend, which had stalled on August 8. The chain has mined over 800 blocks. Blockchain developer Luke Dashjr switched the proof-of-work algorithm from SHA-256d to Blake2b and reduced the block size to 300 KB.The BIP-110 minority chain forked at Bitcoin block height 961,632, then stalled; at height 961,640, Silent Wave mined a block under the new Blake2b consensus rules. The project is expected to release new software on September 1.The fork chain's asset has not been listed on any centralized exchange, and CoinGecko and CoinMarketCap have not displayed its token code either. BIP-110 developer Chris Guida stated that the chain does not use centralized KYC exchanges, advocating for the acquisition and use of Bitcoin through the trading of goods and services. (Bitcoin.com News)

Zano's sixth hard fork goes live, native ZANO enables non-custodial cross-chain transfers to Ethereum, Solana, and TON

Privacy-focused public chain Zano activated its sixth hard fork (HF6) at block height 3,833,000 on August 31. The upgrade is now live on the mainnet, marking the largest upgrade in the network's seven-year history.HF6 introduces Gateway Addresses, providing centralized exchanges, DEXs, and cross-chain bridges with directly trackable single balances and instant synchronization, while preserving existing addresses and their privacy model. Native ZANO can now be transferred non-custodially across chains to Ethereum, Solana, and TON, where it becomes public on external networks, and privacy protection is restored upon transferring back to Zano.The upgrade also tightens consensus validation rules and enhances wallet encryption, mining pool fault tolerance, payment IDs, anti-DoS restrictions, SOCKS5 proxy, and RPC interfaces.HF6 is a prerequisite for the EVM-compatible chain Zano Execution Layer, which is currently in development and has no fixed launch date yet; the next-generation consensus protocol Zenith has been included in the 2027 roadmap. (Bitcoin.com News)

Bitcoin chain underwent a hard fork and split, Luke Dashjr exits OCEAN to advance the CONVOY project

Odaily News, according to Bitcoin News monitoring, OCEAN operator Mummolin Inc. and co-founder Luke Dashjr issued a joint statement on August 29, agreeing to part ways. Luke Dashjr resigned as OCEAN Chairman, Chief Technology Officer, and Director, and Mummolin bought back all of his equity. Neither party disclosed the transaction amount nor Luke Dashjr's previous shareholding ratio. Both parties stated that the split stemmed from differing visions regarding the future direction of Bitcoin mining.The BIP-110 dispute subsequently escalated into a split of the Bitcoin chain. BIP-110, also known as the "Data Carve-out Temp Soft Fork," aims to restrict the use of Bitcoin transactions to store non-financial data, including content related to Ordinals. Before the activation period began, only 51 out of 2,016 blocks supported the proposal, accounting for 2.53%, falling below the 55% threshold required for activation.On August 8, nodes enforcing BIP-110 split from the Bitcoin main chain by rejecting blocks that did not support the proposal. On that day, the minority chain only produced 2 blocks before halting; since then, the chain mined 6 more blocks, bringing the total to 8 blocks. The initial alternative chain blocks were mined by the Roughnecks mining organization using OCEAN infrastructure.On August 10, other Bitcoin developers removed Luke Dashjr from the editor list of the Bitcoin Improvement Proposal repository, citing his involvement in BIP-110 and its editorial process. Luke Dashjr disputed this and stated that day that he would temporarily leave OCEAN to focus on Bitcoin and open-source development.Luke Dashjr is currently advancing a new project called CONVOY, using the X account @CONVOY_Mining. This project will continue his push for the decentralization of Bitcoin mining, though its specific structure and launch arrangements have not yet been announced. The X account was created in August 2026 and currently has 0 posts and fewer than 500 followers.OCEAN was founded by Mummolin and co-founded by Luke Dashjr in 2023, and previously secured a $6.2 million seed round led by Jack Dorsey. OCEAN operates under a non-custodial model, with mining rewards paid directly to miners rather than being held and distributed by the pool. OCEAN also developed the DATUM protocol, designed to give individual miners greater control over the transactions included in blocks they participate in mining. OCEAN stated that it will continue operating its transparent non-custodial mining pool and the DATUM protocol after Luke Dashjr's departure. According to Mempool.space data, OCEAN is still mining on the Bitcoin main chain.The change proposed by Luke Dashjr altered the proof-of-work algorithm of the alternative chain to Blake2b, which went live on the new chain at approximately 3:00 AM EST on August 30, making it a hard fork of the Bitcoin main chain. The new chain continued from block 961,639, which was mined before the chain stalled, and reduced mining difficulty fr

Fomo enters top five in U.S. finance apps, surpassing Cash App and Kalshi

Odaily News: Fomo, a social crypto trading app built for Robinhood Chain and other networks, entered the top five finance apps in the U.S. on August 21, briefly climbing to No. 3 and surpassing Cash App and prediction market Kalshi. It currently ranks in the top 15.Founded by Paul Erlanger and Se Yong Park, Fomo launched its public beta in May 2025. In November 2025, it completed a $17 million Series A round led by Benchmark, with participation from 140 angel investors; this was followed by a $75 million Series B round, bringing total disclosed equity funding to approximately $94 million.Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of people they follow, track leaderboards, and copy trading signals, with instant deposits funded via Apple Pay. Its cumulative installs on Google Play have surpassed 1 million, with over 600,000 users and more than $4 billion in trading volume. (Bitcoin.com News)

Ireland's New State-Supported Investment Scheme Excludes Crypto Assets

Odaily News - Ireland's Deputy Prime Minister and Minister for Finance, Simon Harris, has announced that the new state-supported savings and investment scheme will exclude crypto assets and derivatives. The initiative aims to encourage residents to channel bank deposits into traditional capital markets, with Irish household bank deposits standing at approximately $197 billion, and cash accounting for around 38% of financial assets.The scheme is open to tax-resident individuals aged 18 and over, allowing them to hold exchange-traded funds, listed company shares, and corporate bonds under a simplified tax regime, replacing the 33% capital gains tax and 41% fund exit tax with a fixed annual fee above the tax-free threshold. Specific operational details are expected to be published in October, with accounts slated to launch in 2027.Ireland's Department of Finance has issued a national anti-money laundering strategy running through 2030. Under the new rules, starting in 2027, regulated service providers must verify ownership of external wallets when processing transfers exceeding $1,150 from non-custodial wallets, and use automated controls to identify transfers with incomplete transaction information. (Bitcoin.com News)