News Heat Trend
Project Overview
Company is a self-sustaining flywheel for autonomous fantasy product creation, curation, and tokenization. Anyone can participate in this ecosystem, from creators to investors to traders.
Solana Company completes $15 million financing at a 5% premium, with funds intended for accumulating SOL or repurchasing shares.
Solana Company has completed a $15 million equity and warrant financing at a premium of approximately 5% to net asset value, and intends to use the proceeds to purchase SOL or repurchase its stock.
The Smarter Web Company Wins Shareholder Approval to Launch the UK's First BTC-Backed Preferred Stock MORE
Odaily News: UK-based Bitcoin treasury company The Smarter Web Company has received shareholder approval to launch MORE, the UK's first Bitcoin-backed preferred stock. In addition, the company expects to raise $20 million to $33 million through an IPO to purchase more Bitcoin and fund cash-flow-generating operating businesses. (Bitcoin Treasuries)
Physical AI company SiMa.ai announces completion of $150 million Series C funding round led by Amplify and others
Odaily News: Physical AI company SiMa.ai has announced the completion of a $150 million Series C funding round, co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, Point72, StepStone Group, and others. AllianceBernstein, Baron Capital, JPMorgan Chase, and the State of Michigan joined as new investors. The company's cumulative funding has reached $500 million, with a valuation of $1.45 billion. It is reported that the funds will be used to accelerate the scaling of its Palette Neat agent software environment, and the company plans to launch a dedicated physical AI chip capable of achieving 1000 dense TOPS of computing power in the first half of 2028. (Businesswire)
XRP Treasury Company Evernorth Secures $30 Million Convertible Bond Financing From NH Investment & Securities
As reported by CoinDesk, XRP treasury management company Evernorth has raised $30 million through the issuance of convertible bonds, with investment from South Korean institutional investor NH Investment & Securities. The financing is contingent on the successful merger of Evernorth with a SPAC, with the proceeds to be used for purchasing XRP spot prior to its NASDAQ listing. Upon completion of the merger, the company intends to list on NASDAQ under the ticker symbol "XRPN".
Robinhood Ventures Fund I Invests $25 Million in AI Infrastructure Company Crusoe
Odaily News: Robinhood Ventures Fund I (NYSE: RVI) announced that it purchased approximately $25 million in preferred shares in AI infrastructure company Crusoe's $3.9 billion Series F funding round. The round valued Crusoe at $30.9 billion, and the related transaction was completed on August 31.Sarah Pinto, President of Robinhood Ventures Fund I, stated that Crusoe is building vertically integrated AI infrastructure, supporting AI computing through energy, AI data centers, and cloud platforms.
AI Data Security Company MIND Completes $72 Million Series B Funding Round Led by Crosspoint Capital Partners
According to PRNewswire, AI-native data loss prevention (DLP) security company MIND announced the completion of a $72 million Series B financing round, led by Crosspoint Capital Partners, with existing investors YL Ventures and Paladin Capital Group participating. To date, the company has raised a cumulative total of $112 million. MIND disclosed that it has joined the Anthropic Cyber Verification Program and obtained ISO/IEC 42001 certification. The company plans to utilize the proceeds from this funding round to accelerate the development of its AI-native DLP platform, expand into the enterprise market, deepen technology and channel partnerships, and scale its team.
More SEC crypto regulatory proposals are on the way, Atkins outlines regulatory roadmap
Atkins stated that the custody provisions of the current Investment Advisers Act and Investment Company Act predate the birth of the internet, and custody capabilities often lag by months after new assets are listed. The SEC's custody rule proposal aims to fill this gap. Atkins also outlined the current SEC's crypto regulatory initiatives, including ending "regulation by enforcement," arrangements related to tokenized securities, the proposed Regulation Crypto Assets issuance framework, and an "innovation exemption," noting that more regulatory proposals are already in the pipeline.
Two Men Arrested for Illegally Stealing Electricity to Mine, Police Seize 30 Bitcoin Mining Rigs
According to The Star, the Perak Central Regional Police, in cooperation with the National Energy Company (TNB), carried out an operation in Seri Iskandar to dismantle an illegal cryptocurrency mining site and arrest two local men. The suspects are alleged to have illegally tapped into power lines to supply electricity to Bitcoin mining rigs, with police seizing 30 Bitcoin mining rigs, routers, desktop switches, and a roll of wiring at the scene. The case is being investigated under Section 427 of the Penal Code and Section 37(1) of the Electricity Supply Act 1990. Police emphasized that stealing electricity for mining not only violates the law but could also cause significant losses to power companies and pose fire hazards.
EU's MiCA Review Examines Staking Regulation, May Introduce New Company Requirements
Odaily News: The European Commission, in item 66 of its MiCA review document, is asking whether Europe's current staking regulations are adequate; if insufficient, new requirements may be imposed on companies. Analysts believe that overly strict rules could weaken staking yields and impact network security.
CZ retweets BNB treasury company BNC's name change suggestion solicitation
CZ retweeted on X a solicitation for opinions on a company name change initiated by BNB treasury company BNB Network Company (BNC), and commented: "What's in a name?"Previously, BNC launched a community vote on BNC's future name and invited users to propose other name suggestions. BNC emphasized that the vote is advisory only and not a shareholder vote, and the final name still needs to be approved by the board of directors and pass relevant legal review.
Canary Capital Launches Staked TRX ETF
: Canary Capital has announced the launch of the Canary Staked TRX ETF, trading under the ticker TRXS. The product is designed to provide investors with exposure to TRX while earning staking rewards, offering a registered structure-based investment avenue for investors focused on payment and settlement infrastructure.Canary also cautioned that TRXS is not a direct investment in TRX, and that this exchange-traded product is not registered under the Investment Company Act of 1940. As such, it does not benefit from the same regulatory and investor protections afforded to registered ETFs and mutual funds under that act. The product carries higher risk and greater volatility, and investors may lose their entire principal.
XRP Treasury Company Evernorth's SEC Registration Takes Effect; Plans Nasdaq Listing via SPAC Merger
According to The Block, Evernorth Holdings, an XRP treasury company, announced that its S-4 Registration Statement filed with the U.S. Securities and Exchange Commission (SEC) has officially become effective. The registration covers Evernorth's business combination with SPAC Armada Acquisition Corp. II, after which it is expected to commence trading on Nasdaq under the ticker symbol "XRPN". The S-4 document registers up to 34,499,992 shares of Class A common stock and 11,499,992 warrants. Positioned as a regulated digital asset treasury company, Evernorth focuses on XRP investment exposure and plans to actively deploy capital into XRP infrastructure projects. Its investors include institutional backers such as Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR. The merger is anticipated to close in late Q3 or early Q4 of 2026, pending shareholder approval.
1 BTC can now be exchanged for 18.55 ounces of gold, BTC/XAU returns to key moving average
Odaily reports: Miller Cole, research and content analyst at Bitcoin treasury company The Smarter Web Company, posted on X platform that this Friday's Bitcoin price action pushed the BTC/XAU ratio back above the 50-week moving average, which is a bullish signal. Currently, 1 Bitcoin can be exchanged for approximately 18.55 ounces of gold, compared to about 15.3 ounces a month ago. It is expected that the BTC/XAU ratio will reach a new high in this cycle.
AMD Overtakes Qualcomm to Become the World's Third-Largest Fabless Semiconductor Company
Citrini analyst jukan posted on X platform that AMD has overtaken Qualcomm to become the world's third-largest fabless semiconductor company.
Emulating Justin Sun? Crypto Trader Rune Shares Screenshot Claiming Tweets About Acquiring a U.S.-Listed Company Were Written and Posted by Claude
Crypto trader Rune posted a screenshot on X, stating that tweets previously published promoting a "Nasdaq low-cap stock tokenization + Meme coin" plan and claiming the acquisition of a 37.4% stake in a Nasdaq-listed company were written and posted by Claude. Potentially affected by this, shares of Nasdaq-listed FAMI retreated, currently trading at $0.33 with gains narrowing to 177.34%. Additionally, meme coins JINQIAN and FAMI both pulled back sharply from their highs.
Japanese Listed Company Remixpoint Liquidates Altcoins, Retains Only Bitcoin Holdings
Japanese publicly listed company Remixpoint announced that it sold all of its holdings of ETH, SOL, XRP, and DOGE on September 1, totaling 878.8 million yen and realizing a gain of 117.8 million yen. Following the sale, the company's remaining cryptocurrency holdings consist solely of approximately 1,506 Bitcoin.
Solana Company HSDT Supports Solana Constitution, Opposes Current Adjustments to Inflation and Fees
Odaily News: Solana Company (HSDT) has announced its voting stance on the first three Solana Governance Proposals (SGP): supporting the passage of SGP-0001 "Solana Constitution," opposing SGP-0002, which would double the rate of inflation reduction, and opposing SGP-0003, which would change transaction fees from fixed to floating. On-chain voting is expected to begin on August 22.Solana Company stated that it supports the Solana Constitution because the new governance system allows every staker to vote directly, and token holders can always override the votes of the operators they delegate to, which helps institutions participate in network decision-making. Regarding the other two proposals, the company noted that it opposes their current timing, not the direction of the adjustments. The company stated that at a time when institutions are considering entering Solana, they place greater importance on rule stability and predictability. Adjusting core economic parameters such as inflation rates and fees at this stage could make institutions still on the sidelines more hesitant. The company said it would support revisiting discussions on reducing inflation once SOL sees sustained net capital inflows, and would also be willing to reconsider switching to floating fees once the ecosystem has fully adapted. (WSJ)
Analysts Support Strategy Increasing Cash Holdings, Saylor Says No Longer "100% Allocating to Bitcoin" in the Future
Odaily News, Strategy Executive Chairman Michael Saylor said at the company's Q2 earnings call that while the company has previously allocated nearly "100% of its funds to Bitcoin," it may adopt a combined strategy of holding both cash and BTC going forward. He stated, "Perhaps the best way to buy the most Bitcoin is not to buy the most Bitcoin immediately."TD Cowen and Benchmark both maintained their Buy ratings on Strategy following the Q2 earnings call. The two firms believe that the core goal of the company's current management has shifted toward bringing its STRC preferred stock price back to near par value, thereby restoring its ability to function as a financing tool.TD Cowen analyst Lance Vitanza said the most important takeaway from the call was management's strong focus on STRC. Company executives repeatedly emphasized that restoring STRC to par value is the core objective, and noted that despite recent price deviations in the security, institutional adoption continues to rise.Benchmark analyst Mark Palmer holds a similar view. He pointed out that Saylor and his team spent most of the 90-minute call focused on the same goal: restoring STRC to the $99–$100 range, making it once again the primary engine for the company to raise capital and purchase Bitcoin.
NEAR Community Proposal Proposes Reducing Maximum Annual Token Issuance Rate, Clarifies Security Incident Does Not Involve Native Token Vulnerabilities
NEAR Protocol announced on the X platform that Sal Ternullo, CEO of NEAR Treasury Company SVRN, has introduced a new proposal on the NEAR Governance Forum to reduce NEAR's annual maximum token issuance rate from 2.5% to 1.6% over a 24-month period, and lower the staking yield from the current approximately 5.4% to around 3.5%. The proposal is currently soliciting feedback from validators, House of Stake delegates, and NEAR community members, with a complete plan expected to be published next week for voting. Following the earlier NEAR Intents security incident, NEAR Protocol further clarified that the blockchain network is operating normally. The incident was not caused by any vulnerabilities in NEAR Protocol or its native NEAR token. The NEAR Protocol network continues to produce blocks and process transactions without experiencing downtime.
S&P Global Announces Acquisition of Blockchain Security Company OpenZeppelin
According to PR Newswire, S&P Global (NYSE: SPGI) announced on September 17 that it signed an agreement to acquire OpenZeppelin, a company specializing in on-chain financial security standards. Founded in 2015, OpenZeppelin's open-source smart contract library has collectively supported over $37 trillion in value transfers, covering global mainstream stablecoins and tokenized funds. The company has completed more than 900 security audits and identified over 10,000 vulnerabilities. This acquisition will expand S&P Global's assessment capabilities in the on-chain technology risk layer, helping it develop next-generation on-chain security assessment and benchmark products. OpenZeppelin will continue to operate as an independent business unit, with CEO Demian Brener remaining in his position and reporting to Yann Le Pallec, President of Ratings at S&P Global. Financial terms of the deal were not disclosed, and the transaction is expected to have no material impact on S&P Global's financial results.
Gate: Users whose assets were stolen experienced serious information leaks or device compromise; will actively cooperate with fund recovery and subsequent handling.
Gate issued an announcement regarding the recent "user asset theft incident," sharing internal comprehensive verification results, analysis of the incident's cause, and progress on subsequent handling. Regarding the verification process and key facts, the announcement stated that after comprehensive verification, materials submitted by the applicant at the time, including account information, real-name information, transaction records, Alipay screen recordings, etc., matched the account completely. According to analysis by the technical team, Alipay screen recordings can only be made by the customer themselves or someone with access to the customer's Alipay account. Alipay possesses an extremely strict real-time risk control system; logging into Alipay on a different device will mandate multi-factor authentication. This indicates a situation involving serious leakage of customer information or device compromise. Regarding the Gate platform audit mechanism, the announcement stated that the Company's security unbinding audit mechanism strictly executes the four-fold verification process of "Multi-channel advance notification + System risk control preliminary screening + Manual multi-layer review + Time protection," and never has nor will it approve any security item change application based on a single material alone. Gate always takes information security and customer data protection as the Company's core management requirements. The issue of internal information leakage mentioned by some parties does not exist. Regarding fund recovery and subsequent handling, the announcement stated that Gate processed the matter with the highest priority immediately after the incident occurred, coordinating security, compliance, legal, business, and other teams to carry out on-chain analysis and asset tracking and freezing. It continues to coordinate with third-party institutions such as Tether to advance fund freezing. Subsequently, it will also actively cooperate with judicial authorities in investigations and data collection. Any substantive progress will be communicated immediately.
OKX Star: Will Donate No Less Than 1 BTC to the First "One-Person Company" Achieving an Annual Income of $1 Million on OKX.AI
: OKX founder and CEO Star stated in a post on X that the first "one-person company" (OPC) to achieve an annual revenue of $1 million on OKX.AI will receive a personal donation of no less than 1 BTC. Star noted that every major technological revolution gives rise to a new generation of entrepreneurs and believes that the AI era will create millions of "one-person companies."It is reported that the OKX.AI Genesis Hackathon has been launched, allowing developers to build Agent Service Providers (ASP) on the OKX.AI platform. The event features a total prize pool of $100,000, aimed at encouraging AI Agent projects with real demand scenarios and practical use value, driving the implementation of the Agent economy.
Anthropic's Restricted Spillover Effect Emerges: Asian AI Companies Simultaneously Launch Rival Frontier Models
as Anthropic faces export restrictions limiting the global availability of its advanced models, multiple Asian AI companies are accelerating efforts to fill the market gap. Chinese cybersecurity firm 360 Security Technology has reportedly launched an AI tool called "Tulongfeng," claiming it can directly compete with Anthropic's high-end model "Mythos." Meanwhile, its more restricted version, "Fable 5," also falls within the scope of relevant export controls.In the same week, Japanese AI startup Sakana AI released a new model named "Fugu," taken from the Japanese word for pufferfish. It is positioned as a frontier model designed for agents. The company stated that the model's capabilities are comparable to Fable 5 and Mythos Preview, and it supports coordinating multi-model calls via API to enable agent orchestration.Sakana AI emphasized that the timing of this release and the U.S. export restrictions are "purely coincidental," but the product's official website still clearly promotes "providing frontier capabilities without the risk of export controls." Company co-founder David Ha stated that future AI development will shift from competition among single large models to "model orchestration systems," adding that "access can disappear at any time, and distributed intelligence is a realistic hedge against the risks of centralization."On the other hand, Chinese 360 founder Zhou Hongyi views AI vulnerability detection capabilities as a "national strategic asset" and warns of the so-called "one-way transparency" risk, where certain entities may monopolize advanced security capabilities.According to reports, the U.S. export restrictions on Anthropic's advanced models have been in place for about two weeks. Against this backdrop, Asian manufacturers are accelerating the launch of local alternatives. Although some companies still emphasize the importance of American models in the Asian market, the trend of differentiation within the regional AI ecosystem has begun to emerge. (TechCrunch)
ZEC Treasury Company Cypherpunk Responds to Price Volatility: All Software Has Vulnerabilities, Zcash Will Demonstrate Security Capabilities
Odaily, Cypherpunk, the company managing the ZEC treasury, stated that all software has vulnerabilities. Historically, Bitcoin once "over-minted" 184 billion BTC due to a bug. However, this does not mean abandoning blockchain technology; rather, security should be enhanced through formal verification and provable correctness.Cypherpunk emphasized that with the development of AI technology, vulnerability detection will become faster and broader, but the key lies in who can discover issues before malicious actors. Zcash will demonstrate this capability through an upcoming update.
More SEC crypto regulatory proposals are on the way, Atkins outlines regulatory roadmap
Atkins stated that the custody provisions of the current Investment Advisers Act and Investment Company Act predate the birth of the internet, and custody capabilities often lag by months after new assets are listed. The SEC's custody rule proposal aims to fill this gap. Atkins also outlined the current SEC's crypto regulatory initiatives, including ending "regulation by enforcement," arrangements related to tokenized securities, the proposed Regulation Crypto Assets issuance framework, and an "innovation exemption," noting that more regulatory proposals are already in the pipeline.
Space Network Signs $50 Million Satellite Network Agreement with Philippine HQ Company
According to official disclosures from Spacecoin, Space Network has formally signed a $50 million binding booking agreement with Philippine infrastructure company HQ Company International Holdings to provide decentralized satellite communication services to the Philippines via the Freeport Low Earth Orbit (LEO) satellite network. Yongsoo Samuel Cho, CEO of HQ Company, is the grandson-in-law of former Philippine President Fidel Ramos, bringing extensive local resources and cross-border investment experience. Under the agreement, Space Network will be responsible for providing network access, hardware, and software technical support, while HQ Company will handle local commercial operations, spectrum licensing, and customer acquisition.
The Smarter Web Company Launches Inaugural Offering of Bitcoin-Backed Preferred Shares MORE
Bitcoin Treasuries posted on X that The Smarter Web Company has launched the inaugural offering of its Bitcoin-backed preferred shares MORE to institutional and retail investors, with an expected listing on the Main Market of the London Stock Exchange on October 14. The initial offering price is £90, approximately $119, with an annual dividend yield of 12%, paid weekly.
The Smarter Web Company Wins Shareholder Approval to Launch the UK's First BTC-Backed Preferred Stock MORE
Odaily News: UK-based Bitcoin treasury company The Smarter Web Company has received shareholder approval to launch MORE, the UK's first Bitcoin-backed preferred stock. In addition, the company expects to raise $20 million to $33 million through an IPO to purchase more Bitcoin and fund cash-flow-generating operating businesses. (Bitcoin Treasuries)
Over the past week, it rose more than 36%: The Smarter Web Company plans to launch the UK's first Bitcoin-backed preferred stock
Odaily News: BitcoinTreasuries.NET posted on X that after The Smarter Web Company announced plans to launch the UK's first Bitcoin-backed preferred stock, its shares TSWCF rose more than 36% over the past week.
Robinhood Ventures Fund I Invests $25 Million in AI Infrastructure Company Crusoe
Odaily News: Robinhood Ventures Fund I (NYSE: RVI) announced that it purchased approximately $25 million in preferred shares in AI infrastructure company Crusoe's $3.9 billion Series F funding round. The round valued Crusoe at $30.9 billion, and the related transaction was completed on August 31.Sarah Pinto, President of Robinhood Ventures Fund I, stated that Crusoe is building vertically integrated AI infrastructure, supporting AI computing through energy, AI data centers, and cloud platforms.
Related news
Former ROVE Head of Growth Accuses Company of Withholding Salaries and Token Allocations, Says App Can No Longer Be Accessed
Former ROVE Head of Growth Amy Street has accused the company and founder Jason of long-term delays in salary, reimbursement, and token allocations, stating that the Rove App has been inaccessible for nearly a year and user assets are locked.
More SEC crypto regulatory proposals are on the way, Atkins outlines regulatory roadmap
Atkins stated that the custody provisions of the current Investment Advisers Act and Investment Company Act predate the birth of the internet, and custody capabilities often lag by months after new assets are listed. The SEC's custody rule proposal aims to fill this gap. Atkins also outlined the current SEC's crypto regulatory initiatives, including ending "regulation by enforcement," arrangements related to tokenized securities, the proposed Regulation Crypto Assets issuance framework, and an "innovation exemption," noting that more regulatory proposals are already in the pipeline.
NEAR Community Proposal Proposes Reducing Maximum Annual Token Issuance Rate, Clarifies Security Incident Does Not Involve Native Token Vulnerabilities
NEAR Protocol announced on the X platform that Sal Ternullo, CEO of NEAR Treasury Company SVRN, has introduced a new proposal on the NEAR Governance Forum to reduce NEAR's annual maximum token issuance rate from 2.5% to 1.6% over a 24-month period, and lower the staking yield from the current approximately 5.4% to around 3.5%. The proposal is currently soliciting feedback from validators, House of Stake delegates, and NEAR community members, with a complete plan expected to be published next week for voting. Following the earlier NEAR Intents security incident, NEAR Protocol further clarified that the blockchain network is operating normally. The incident was not caused by any vulnerabilities in NEAR Protocol or its native NEAR token. The NEAR Protocol network continues to produce blocks and process transactions without experiencing downtime.
Solana Company completes $15 million financing at a 5% premium, with funds intended for accumulating SOL or repurchasing shares.
Solana Company has completed a $15 million equity and warrant financing at a premium of approximately 5% to net asset value, and intends to use the proceeds to purchase SOL or repurchase its stock.
The Smarter Web Company has risen over 113% year-to-date, outperforming Bitcoin by 117%
Bitcoin Treasuries posted on X platform that UK-based Bitcoin treasury company The Smarter Web Company's TSWCF has risen over 113% year-to-date, outperforming Bitcoin by 117%.
Two Men Arrested for Illegally Stealing Electricity to Mine, Police Seize 30 Bitcoin Mining Rigs
According to The Star, the Perak Central Regional Police, in cooperation with the National Energy Company (TNB), carried out an operation in Seri Iskandar to dismantle an illegal cryptocurrency mining site and arrest two local men. The suspects are alleged to have illegally tapped into power lines to supply electricity to Bitcoin mining rigs, with police seizing 30 Bitcoin mining rigs, routers, desktop switches, and a roll of wiring at the scene. The case is being investigated under Section 427 of the Penal Code and Section 37(1) of the Electricity Supply Act 1990. Police emphasized that stealing electricity for mining not only violates the law but could also cause significant losses to power companies and pose fire hazards.