News linked to both this project and an event.
Odaily News, Circle has published a statement on the cirBTC reserve mechanism, stating that each cirBTC is backed 1:1 by one native BTC and can be redeemed for native BTC at a 1:1 ratio. The corresponding BTC is held by Circle-affiliated entities and custodied by Circle National Trust, which is regulated by the Office of the Comptroller of the Currency (OCC). The reserve assets are segregated from Circle's corporate assets and are used solely to protect the interests of cirBTC holders. cirBTC is currently live on Ethereum and will receive native support once the Arc mainnet launches, with future expansion to more blockchains. Circle also provides on-chain reserve verification through a public BTC reserve address and the Chainlink Proof of Reserve mechanism, allowing market participants to compare the scale of reserved BTC against the circulating supply of cirBTC across all supported chains.
Odaily News: Mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgage records to Injective, a Layer 1 blockchain focused on financial applications. The company plans to eventually migrate more than 29,000 issued mortgages totaling over $10 billion on-chain, with each loan corresponding to an on-chain record, without repackaging them into new mortgage-backed securities.These records contain more than 500 data points, including loan-level information, used to support verification, audit trails, and risk analysis. According to Pineapple Financial's dashboard, the current migration count stands at 2,079 records, up from 1,259 when the project launched in December 2025; the PAPL0 asset has a market value of approximately $1.1 billion, with tokens representing mortgage records rather than ownership of the underlying loans.Pineapple Financial's partnership with Injective also includes a $100 million Injective (INJ) digital asset treasury. Pineapple Financial stakes INJ from this treasury, with Kraken serving as the primary validator for the related holdings. (Cointelegraph)
Odaily News, According to a disclosure by the SlowMist security team, they have detected an attack campaign disguised as a free VPS service, specifically targeting iPhone Safari browsers running iOS versions 18.4 to 18.6.2. The attackers exploited a chain of six vulnerabilities codenamed DarkSword to form a complete attack sequence, covering WebKit remote code execution, sandbox escape, and kernel read/write operations. This allows them to access app container files and keychain data without user awareness, and record keyboard inputs while wallets such as imToken, TokenPocket, or TronLink are in the foreground.The SlowMist team stated that all six aforementioned vulnerabilities have been patched by Apple, and the current attack constitutes reuse of an n-day vulnerability chain. Merely visiting a malicious page does not directly prove that mnemonic phrases or private keys have been stolen, and device forensics is still required for confirmation. iOS/iPadOS users are advised to upgrade their systems to version 18.7.3 or 26.3 and above as soon as possible.
Odaily News – In response to today's "AMC CEO questions Robinhood over stock tokenization controversy," Backpack CEO Armani Ferrante posted on X, stating that he is a maximalist on tokenization but agrees that Aron's core concerns carry substantive weight: Robinhood's Stock Tokens are debt securities, not 100% backed by the underlying stocks. The funds used to purchase these tokens do not all flow into the actual stock market; instead, through an authorized participant redemption mechanism and partial cash/eligible financial instrument collateral, value leaks to intermediaries, which may lead to divergence between on-chain prices and the underlying shares. He noted in his remarks: "For every $1 a user spends on Robinhood's stock tokens to buy the corresponding stock, less than $1 actually flows into the real stock market."He also pointed out that proper tokenization should be strictly aligned with the stock market, achieving 1:1 stock backing, direct linkage to real market trading, and granting users full shareholder rights, thereby bringing more international capital inflows to listed companies. He also acknowledged that Robinhood Chain is one of the most exciting ecosystems in the crypto space recently, urging the industry to get tokenization right as it iterates.
Binance Wallet stated that Binance Alpha 2.0 will support the contract swap of TAC (TAC) on BNB Smart Chain (BEP20). Trading of TAC will be temporarily suspended from 02:00 (UTC) on September 4, 2026, for a 1:1 contract swap. TAC trading is expected to resume at 08:00 (UTC) on September 4, 2026.
Odaily News: SWIFT service provider Bottomline has announced a partnership with blockchain infrastructure project Chainlink to bring blockchain-based cross-border settlement to more than 600 bank clients in its network. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 businesses.Through this integration, banks can continue to send payment instructions using the ISO 20022 standard, with Chainlink's infrastructure connecting those instructions to blockchain settlement. Chainlink's Cross-Chain Interoperability Protocol (CCIP) enables tokenized value to move across different blockchain networks, while the Chainlink Runtime Environment (CRE) coordinates payment flows, transaction routing, and operational changes.CCIP has been recording mainnet activity since July 2023 and is now connected to over 60 blockchain networks. Chainlink's Project Pangea has reached more than 50 banking institutions across Europe and South Korea, with participating entities collectively managing over $10 trillion in assets. The project's goals include achieving T+0 settlement for foreign exchange transactions. (Bitcoin.com News)
Odaily News, September 3: Circle and decentralized perpetual futures trading platform edgeX jointly announced that, ahead of the Arc mainnet launch on September 16, edgeX will serve as Arc's flagship perp venue, offering 24/7 FX trading from day one of the mainnet. The two parties will work together to advance the development of on-chain FX and global asset trading markets on Arc.On the first day of the mainnet launch, edgeX will be the first to offer USD/JPY perpetual contracts with 24/7 trading, alongside more than 150 perpetual contract markets covering U.S. equities, commodities, and crypto assets. All markets will use Arc's native USDC as margin and settlement assets.Arc is Circle's Layer 1 blockchain built for stablecoin finance, specifically designed for stablecoin-based financial applications, featuring a built-in FX engine (StableFX), an institutional-grade RFQ quoting system, and 24/7 on-chain PvP (payment-versus-payment) settlement, with USDC serving as the native gas token.edgeX, backed by Circle Ventures, will exclusively launch FX perpetual markets for the Arc Chain. edgeX is one of the world's leading centralized perpetual futures exchanges by trading volume, having recorded over $900 billion in cumulative trading volume since its inception. Users can trade perpetual contracts on U.S. equities, commodities, FX, and crypto assets around the clock. Previously, the Circle and edgeX teams have collaborated on native USDC issuance and CCTP integration on the EDGE Chain.
Odaily News - Users can now send supported tokens from networks such as Ethereum, Base, Arbitrum, and Sui directly to Jupiter without using bridge tools, and receive USDC directly in their Solana wallet. This feature integrates routing, cross-chain bridging, and swap processes, eliminating the need for users to switch networks or execute additional transactions. The service currently adopts a unified fixed fee structure, charging $0.30 per transaction—whether the transfer amount is $100 or $10 million, the fee remains the same.
An unaudited report released by the Arbitrum Foundation shows that Arbitrum DAO generated $6.19 million in revenue in the first half of 2026, primarily from Arbitrum One transaction fees, Timeboost priority auctions, Expansion Program license fees, and treasury management yields, with the protocol revenue gross margin exceeding 97%. As of the end of June, the DAO held $125 million in non-ARB treasury assets.
According to Circle's official blog, Circle's cross-chain infrastructure CCTP has officially expanded support for native cross-chain transfers of the euro stablecoin EURC. EURC operates on the same "burn-and-mint" model as USDC, with initial cross-chain settlement support between Ethereum and Base. Developers can transfer both USDC and EURC via a single unified interface without connecting to multiple bridge providers, effectively reducing integration complexity and enhancing liquidity efficiency. EURC is issued by a regulated affiliate of Circle, while CCTP does not hold or manage user assets.
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
Odaily News - The USD-pegged stablecoin $U has been listed on Kraken, opening USTABLES/USD trading, and covering fiat, major crypto assets, and stablecoin quotes through synthetic trading pairs.$U has been live for approximately 9 months, with a current circulating market cap of around $1.27 billion and daily trading volume of approximately $200 million. It has been listed on exchanges including Binance, covering BNB Chain, Ethereum, and TRON. On the product side, it has integrated with Lista, Venus, as well as payment and on-chain settlement scenarios.
Odaily News Recently, Meme and emerging ecosystem assets have remained highly active, with market hotspots rotating rapidly. Data shows that Gate Futures has successively listed 7 popular assets, including Bull, BASECAT, ANSEM, MARSCOIN, PONS, CASHCAT, and FONE, covering multiple trending public chains and ecosystems such as BNB Chain, Solana, Base, and Robinhood Chain.In terms of post-listing market performance, the Chinese cultural film IP Meme "Bull" saw a maximum gain of 288%, while the Mars space-themed Meme "MARSCOIN" surged up to 99%. PONS and FONE recorded gains of 69% and 47%, respectively, with CASHCAT and BASECAT peaking at 34% and 25%. Meanwhile, newly listed assets such as ANSEM have further enriched the thematic coverage of Meme futures.From Chinese culture, cats, and KOLs to mobile trading and early-stage public chain ecosystems, the recent listings span a diverse range of narratives, reflecting that Meme market hotspots are expanding from single themes toward multi-chain, multi-ecosystem directions. Gate continues to strengthen its offerings in popular futures contracts, keeping pace with market hotspot rotations and emerging narratives, broadening its asset trading landscape to provide traders with richer and more timely trading options.
Odaily News – Just two months after its launch, Robinhood Chain has seen cumulative transaction fees rise to $13.05 million, setting a new all-time high. Based on the annualized average of the last 30 days of fee revenue, the annualized revenue scale stands at approximately $110 million. At current cumulative revenue levels, roughly $1.3 million will flow directly to the Arbitrum ecosystem. Under the cooperation licensing agreement between the two parties, Robinhood Chain is required to return 10% of its protocol net revenue to the Arbitrum ecosystem, with 8% going to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild.
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.
According to official data, in less than two months since its launch, Pons has generated over $4.54 billion in trading volume on Robinhood Chain.
According to Cointelegraph, the U.S. Department of Commerce has officially adopted Chainlink to publish core macroeconomic data on-chain, covering key indicators such as real GDP, the PCE price index, and real final sales to private domestic purchasers, marking the first deep integration between traditional government data and blockchain infrastructure.
Odaily News: FUN LONGINUS, the first on-chain game launched by FUNVERSE, will officially go live on the Anubis Chain mainnet at 10:00 UTC on September 1, 2026 (18:00 UTC+8).Originating from a hackathon, FUN LONGINUS is an Eastern martial arts-themed on-chain game built for the Anubis GameFi ecosystem.The game adopts the 24 solar terms as its competitive structure. Each round brings together 24 different addresses, with each player using fLGNS to enter the arena. The execution of matches, determination of results, and final settlement are all handled by smart contracts, ultimately crowning one champion.On August 18, 2026, FUN LONGINUS completed its "Heroes Collective Mint." Based on market prices at the time of writing, the total value of this collective mint exceeded $1.4 million.This mainnet launch marks FUN LONGINUS's official transition from the hackathon prototype, public beta, and collective mint phases into the on-chain game operation stage.
Odaily News: Ave has now completed integration with the Arbitrum ecosystem, supporting trading of Arbitrum ecosystem assets, and further providing cross-chain functionality for a one-stop service.It is understood that @odysfun is currently one of the mainstream project launch platforms on the Arbitrum chain, focusing on the issuance and market launch of Arbitrum ecosystem projects, and holds significant influence in ecosystem project distribution and community engagement.
Odaily News – Robinhood's blockchain, Robinhood Chain, has recently seen a surge in trading activity. On August 30, the network processed a record 5.52 million transactions in a single day, with on-chain applications generating approximately $2.66 million in 24-hour revenue—surpassing Ethereum's roughly $1.3 million and trailing only Solana's $5.07 million.Meanwhile, Robinhood Chain recorded approximately $875 million in daily decentralized exchange (DEX) trading volume. Among this, the two major versions of Uniswap contributed around $432 million and $357 million in trading volume, respectively.Meme coin trading is one of the primary drivers behind this surge in activity. Data shows that Pons, a token launch platform on Robinhood Chain, created approximately 22,600 tokens in a single day, marking an increase of over 40% from the previous day. Together, GMGN, Pons, and Uniswap accounted for roughly 88% of the network's application revenue.Robinhood launched Robinhood Chain on July 1, initially focusing on the tokenization of real-world assets (RWA) such as stocks. However, within just a few weeks of going live, meme coin trading quickly took center stage. Now, as the crypto market warms up, trading activity on Robinhood Chain has continued to intensify, with daily network transactions climbing from under 1 million in early July to over 5 million.Based on current data, the most active use case on Robinhood Chain is not tokenized stocks, but rather meme coin issuance and speculative trading. (CoinDesk)