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ESMA warns of liquidity fragmentation in tokenized stocks and compliance risks in prediction markets

ESMA stated that the market for tokenized equities has grown from $350 million to $2.2 billion over the past 18 months; however, multiple tokenized versions of the same share could result in liquidity fragmentation. Meanwhile, certain products backed 1:1 by underlying shares still depend on off-chain ownership registries and traditional settlement channels, and have not yet fully realized on-chain atomic settlement.

Analysis: Tesla's stock price under pressure after SpaceX's IPO

Odaily News: Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share that unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock fell 8.9%, while the S&P 500 rose 2.7%.Meanwhile, SpaceX's stock has risen 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also related to its recent earnings and product launches, neither of which has demonstrated that the company's pivot toward physical AI products can succeed. Lale Akoner, global market strategist at eToro, said: "Investors see SpaceX as a purer growth story, while viewing Tesla as a riskier turnaround bet." Dave Mazza, CEO of Roundhill Financial, said: "SpaceX now has to prove that its $100 billion annualized revenue scale can be achieved, while Tesla has to prove that it is more than just the 'Musk concept stock' people held before SpaceX went public."

Gate August Transparency Report: RWA Perpetual Contract OI Market Share Reaches 49.6%, Ranking First Globally; 30-Day Net Inflow Ranks Among Top Two CEXs

Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.

Russia mandates provision of a Taxpayer Identification Number to open a crypto account

According to Bits.media, Vlada Gracheva, an advisor to the Russian Federal Financial Monitoring Service, stated that customers opening accounts with digital custodians in Russia will be required to provide a tax identification number to ensure transparency in cryptocurrency transactions and prevent money laundering. Previously, providing a tax identification number was not mandatory when opening bank accounts. Additionally, the agency has been granted authority to monitor all cryptocurrency transactions; for any transaction exceeding 60,000 rubles, relevant institutions must report complete information about both parties, including names and actual addresses, to the regulator. Meanwhile, the Bank of Russia is researching a mechanism to link tax identification numbers with bank accounts, and the related "anti-fraud" platform is expected to officially launch in 2027.

Liquid Network Resumes Block Production but Transactions Remain Paused, BTC/LBTC Reserve Recovery Not Yet Complete

Liquid Network announced on X platform that as of September 10 at 10:00 (UTC), the network has entered a controlled recovery phase. As a precautionary measure, the network has resumed block production but is not yet processing transactions, and is continuously monitoring to confirm full network stability. Blockstream stated that the required Functionary node and bridge node updates have been successfully deployed, and Functionary nodes are now signing and validating blocks as expected. Meanwhile, pegging operations, including PAK-authorized Peg-out, remain paused, and the network is in the final recovery phase, including restoring BTC/LBTC reserves. Liquid Network reminds users to be wary of scammers using this incident to publish fake update websites or messages, and to never transfer funds to unknown channels or disclose private keys or seed phrases.

Zora co-founder Dee Goens to take over as CEO, team shrinks to fewer than 10 people and plans to launch ZORA buyback

Odaily News: Zora co-founder Dee Goens posted on X that he will take over as CEO, while co-founder Jacob is stepping down and leaving Zora after more than 6 years as CEO. Meanwhile, Zora had already undergone layoffs earlier this year, and the team now numbers fewer than 10 people, with further adoption of AI Agents to handle tasks such as Slack workflows, code writing, and incident response.On the product side, Zora has expanded asset issuance to Robinhood and Solana, and supports cross-chain transactions across Robinhood, Solana, and BNB Chain; it also launched Custom Pairs, allowing users to create new tokens paired with tokenized stocks, meme coins, and mainstream crypto assets, with more than 4,000 trading pairs created since launch.He stated that the next phase will focus on implementing the ZORA token buyback and reward mechanism to further align the platform's business with the interests of ZORA holders, while also restarting community incentive distribution, prioritizing mobile product development, and continuing to expand the user base for social trading and on-chain markets.

Bitcoin and Ethereum Accelerate Quantum-Resistant Upgrades, US Invests $300 Million in Quantum Hardware

According to CoinDesk, the U.S. Department of Commerce is allocating up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—through the CHIPS Act, totaling up to $300 million. The funding will support the expansion of hardware, manufacturing, and error-correction systems, alongside the simultaneous acquisition of minority stakes in all three firms. Meanwhile, Bitcoin and Ethereum developers are accelerating post-quantum cryptography upgrade initiatives. The Ethereum Foundation has set December 2029 as the deadline for foundational-layer quantum-resistant upgrades encompassing the execution, consensus, and data layers. While Bitcoin has no unified timeline, two proposals—BIP-360 (post-quantum output types) and BIP-361 (phasing out ECDSA and Schnorr signatures)—are advancing rapidly, with researchers likewise identifying 2029 as the critical window to complete a trusted migration path.

Liquid Network Releases Emergency Fix: Elements v23.3.4 Patches Proof Validation Cache Vulnerability

Odaily News: Liquid Network announced that the emergency release Elements v23.3.4 is now live, with Functionary nodes having immediately begun upgrades. All Liquid node operators are advised to update accordingly. This release addresses a previously identified Proof validation cache vulnerability by strengthening the cache keys used for Range Proofs.Regarding network recovery, Blockstream stated that a recovery plan is still being formulated, expected to proceed in three phases: **resume block production while continuing to pause Peg operations; replay verified valid transactions; restore Peg operations after the network state is fully recovered and fund returns are confirmed.** Currently, the first two phases are being tested in parallel, and any phase will only advance once confirmed secure.Liquid Network stated that Elements v23.3.4 has undergone multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams. Meanwhile, Liquid Network reminds users to be wary of fake upgrade websites exploiting this incident for scams. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or seed phrases.

Bitget August Transparency Report: Institutional Business Completes Multiple Product and Infrastructure Upgrades

Odaily News, Bitget has released its August 2026 transparency report, disclosing the latest progress in building its multi-asset trading ecosystem. In terms of US stock tokens, taking rNVDA as an example, its single-day trading volume reached $38.5 million, with over 4,200 users completing approximately 112,800 trades. Around 36% of this trading volume occurred outside regular US market hours, reflecting that rToken is becoming a core tool for investors to break through traditional trading time constraints and achieve 7×24-hour global asset allocation.On the institutional business front, Bitget has launched an institutional-grade CFD liquidity solution targeting quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, spot-futures arbitrage, and automated trading scenarios such as EAs. Meanwhile, the platform has listed FCNs (Fixed Coupon Notes), bringing traditional financial structured products into the tokenized US stock market, making it the first crypto exchange to combine the FCN structure with USDT settlement and US stock rToken delivery. As related products and trading infrastructure continue to improve, Bitget is further strengthening its capabilities in institutional-grade services, multi-asset coverage, and liquidity.Additionally, third-party data shows that Bitget stands out in terms of liquidity and execution efficiency for tokenized stocks and stock perpetual contracts. In DeFiLlama's liquidity benchmark tests covering five stock spot markets — MSTR, SPY, QQQ, CRCL, and NVDA — Bitget recorded the lowest median bid-ask spread of 0.83 basis points and maintained the deepest order book liquidity across all sampled markets. In execution benchmark tests covering 36 stock perpetual contracts and 8 metal and commodity perpetual contracts, Bitget maintained a deep lead on approximately 90% of trading pairs.

Circle's Cross-Chain Transfer Protocol (CCTP) now supports a prepaid fee feature for fast transfers

Odaily News: Circle announced that its Cross-Chain Transfer Protocol (CCTP) now supports a prepaid fee feature for fast transfers. Previously, protocol fees were deducted directly from the USDC transfer amount on the destination chain. With this update, developers can pre-quote and collect fees via native gas tokens on the source chain or USDC before the transfer is executed, simplifying fee handling for cross-chain transfers and ensuring users receive the expected amount of USDC.According to Circle, the prepaid fee mechanism primarily improves fee predictability in cross-chain applications. Users no longer face reduced actual settlement amounts caused by additional deductions on the destination chain. Meanwhile, the CCTP Quote API can uniformly calculate fees across different supported chains and consolidate Fast Transfer and Forwarding fees into a single quote, eliminating the need for developers to build separate systems to calculate multiple protocol fees. Additionally, fees can be paid directly using source chain native tokens without reducing or impacting the actual USDC balance being transferred.

Bonk Guy: PONS's buyback momentum continues to intensify — wallet balance approaches $3 million

Odaily News: Well-known trader Bonk Guy stated on platform X that PONS's daily revenue over the past week has mostly ranged from $1.3 million to over $2 million, with no single day in the last 7 days falling below $1.1 million. Meanwhile, PONS's buyback wallet has now accumulated nearly $3 million in funds for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently outpacing the rate of buyback fund consumption.In addition, PONS's market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week. Last Saturday, the number of tokens launched in a single day reached 28,560, and approximately 27,600 tokens were still launched in the past 24 hours. Bonk Guy believes that despite the cooling of Robinhood Chain's overall hype, PONS's market share, token issuance volume, and revenue continue to climb, indicating that its dominance in the on-chain launchpad sector has been further consolidated.

PopDEX surpasses $1.7 billion in trading volume during its testing phase, with LP pool size reaching $61 million, while continuously distributing real cash rewards.

Perp DEX PopDEX, built for real traders, has recorded over $1.7B+ in trading volume and an LP pool size of approximately $61 million during its Closed Beta phase. Meanwhile, the platform has completed three rounds of cash reward distributions covering traders, feedback contributors, and community builders; in the latest round, single-address rewards reached up to 3,300 USDT. As the hype surrounding Robinhood Chain and BNB Chain memes continues to grow, PopDEX has launched popular meme perps including PONS, CASHCAT, and MARSCOIN, and initiated the Meme Gang War trading competition to provide traders with additional reward pool opportunities beyond standard incentives.

Hunter Biden's X Account Follows Meme Coin Laptop-Related Account

Odaily News: Hunter Biden, son of former U.S. President Joe Biden, currently follows only one account on X, named "Laptop" (@Laptoptoken), which is associated with the token LAPTOP. The token is scheduled to launch on the Base network on September 9, with its contract address and official website link already disclosed. Meanwhile, Hunter Biden also posted a tweet confirming that the related Meme coin will be released on September 9.

Trump's Approval Ratings Hit New Low as Envoy Heads to Ukraine for Talks with Putin

Trump's recent activities have drawn attention, with the latest polls showing his presidential approval rating dropping to a historical low of 33%. Meanwhile, his envoy and Kushner traveled to Kyiv to discuss the Ukraine situation with Putin, while the MAGA Committee also donated $10 million to midterm election candidates.

Gate has launched Hajimi and SUE (Construction Cat) perpetual contract trading

According to Odaily Planet Daily, Gate has launched Hajimi perpetual contract trading (settled in USDT), supporting 1-20x leverage. Meanwhile, Gate has also launched SUE (Construction Cat) perpetual contract trading (settled in USDT), supporting 1-10x leverage.It is reported that SUE (Construction Cat) originates from an orange kitten rescued from a Komatsu excavator in Ohio, USA. The construction crew named it after the machine brand, abbreviated as Sue. SUE is a meme coin on the BCS chain.

BonkGuy: BNB Chain Could Become the Next Meme Hotspot, MARSCOIN Has Already Taken the Lead

Odaily News - Trader BonkGuy posted on X platform, stating that Robinhood Chain has previously seen multiple high-market-cap projects such as PONS, CASHCAT, and AI, with over a dozen projects surging to the $10 million to $100 million range.BonkGuy believes that market attention is further shifting toward BNB Chain, and MARSCOIN has already taken the lead in the BNB Meme/stock narrative. He noted that Binance has approximately 320 million users, and MARSCOIN has already been listed on Binance spot and perpetual contracts. Meanwhile, trading entry points such as fomo have lowered the barrier for Western users to participate in BNB Chain Meme trading. In addition, SAFEMOON, which was also born on BNB Chain two cycles ago, once reached a market cap of $17 billion, which can serve as a reference for the potential scale of BNB Meme when it truly takes off.

Gate accelerates tracking of multi-chain Meme hotspots, with 7 newly listed assets surging up to 288%

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.

Gate officially launches US stock options trading, initially covering 9 popular US stock targets including Nvidia, Tesla, and others

Gate has officially launched its US stock options trading service, initially covering 9 popular US stock targets, including Nvidia, Tesla, Apple, Meta, AMD, Micron, Amazon, and others, spanning hot sectors such as AI technology, semiconductors, electric vehicles, and cloud computing. Users can participate in US stock options trading by updating the Gate App to v8.35.0 or above.In terms of product experience, Gate's US stock options require no separate US stock account or margin account to be opened by users, and settle in USDT without involving physical stock delivery, making the trading and settlement process more direct. Meanwhile, the product initially supports intraday trading of US stocks and charges 0 platform fees and 0 options commissions, further lowering the barrier to participating in US stock options trading. Relevant third-party regulatory and clearing fees will be charged separately in accordance with applicable rules.This launch further completes Gate's global stock product ecosystem. Currently, Gate covers four core markets—US stocks, Hong Kong stocks, Korean stocks, and Japanese stocks—supporting over 12,800 stocks and ETFs, and offering services such as fractional share trading, stock dividends, and cross-broker transfers. With the addition of US stock options, users can not only participate directly in the stock and ETF markets but also gain more market participation choices around the future movements of popular US stock targets through strategies such as calls and puts.

Ripple and Coincheck successively roll out digital asset custody infrastructure across Asia.

According to Cointelegraph, blockchain enterprise solution provider Ripple has announced a strategic partnership with digital asset infrastructure company SettleMint to integrate Ripple Custody with SettleMint's Digital Asset Lifecycle Platform (DALP), providing custody, issuance, and management services for tokenized assets to financial institutions. Meanwhile, digital asset service provider Coincheck Group has also announced a collaboration with wallet infrastructure provider DFNS to build digital asset wallet technology and custody services in Japan, leveraging the DFNS platform which supports over 100 blockchain networks. Both partnerships aim to fill the infrastructure gaps that have hindered licensed financial institutions from entering the market.

Berlin AI-native energy platform Cloover announces closing of €86.2 million funding round

According to EU-Startups, Berlin AI-native energy platform Cloover announced the completion of a new funding round of €86.2 million (approximately $100 million), securing a €350 million guarantee from the European Investment Fund (EIF), bringing its cumulative financing total to over €1.12 billion (approximately $1.3 billion). Meanwhile, the company announced that it has officially achieved profitability three years after its founding, with annualized revenue surpassing €301.7 million (approximately $350 million). Cloover focuses on residential solar, heat pumps, and home electrification. By partnering with independent installers, it provides them with financing, software, and energy products. It currently covers five major European markets, completing approximately 20,000 installation projects annually, making it one of the top three residential energy players in Europe's largest energy markets. The company plans to further expand into the UK, France, and Poland. Additionally, Cloover officially launched its AI-native "neo-utility" model, which transforms each household into a virtual power plant through home energy management systems. By aggregating distributed solar, energy storage, heat pumps, and EV chargers, it enables real-time trading of power flexibility.