Odaily News: SK Hynix's Korean shares fell on Monday following reports that its U.S. subsidiary Solidigm may pursue a U.S. listing, triggering market concerns over SK Group's complex ownership structure. U.S. media over the weekend cited people familiar with the matter as saying that Solidigm is considering an IPO in the U.S. as early as next year, which could value the data storage product manufacturer at up to $100 billion. Affected by the news, SK Hynix shares fell as much as 5% during Monday's Asian trading session, marking their biggest drop in two weeks. SK Square, SK Hynix's largest shareholder, saw its shares fall more than 8%, while SK Inc., which controls SK Square, also dropped more than 6%. The Korea Corporate Governance Forum said that Solidigm's listing would further increase multi-layered shareholding relationships within SK Group, deepening its pyramid ownership structure. The forum had urged SK Hynix to abandon the plan in August.
According to monitoring by PPP prediction market tool, Polymarket odds for "Trump to officially rename AI by December 31" have risen to 66%, up 17% in a single week.
According to the settlement rules, Trump must formally adopt a new official name for "AI" or require the federal government to adopt a new name via executive order, presidential proclamation, or presidential memorandum before 11:59 PM Eastern Time on the specified date. Public statements, speeches, interviews, press conferences, and social media posts do not count.
Previously, Trump reiterated his opposition to regulating Artificial Intelligence (AI) during a speech at the United Nations General Assembly in New York. He also stated that the term "Artificial Intelligence" underestimates the value of this technology and expressed hope that countries around the world would also adopt the new name "Super Intelligence."
Join the PPP signal push community to stay one step ahead and seize the opportunity.
According to the Gate Launchpool page, three projects are currently underway: Tether Gold (XAUT), Hunter Biden's Laptop (LAPTOP), and Interfold (FOLD). The XAUT mining pool has a total reward of 34 XAUT (approximately 142,900 USDT), with APRs of 3.35%, 12.45%, and 6.38% for the USDT, XAUT, and GT pools respectively. Current total liquidity staked is approximately 98.4585 million USDT, 3,125.88 XAUT, and 1.2415 million GT.
The LAPTOP mining pool has a total reward of 1,289,608 LAPTOP (approximately 104,100 USDT), with APRs of 263.05% and 2.39% for the LAPTOP and BTC pools respectively. Current total liquidity staked is approximately 8.8808 million LAPTOP and 853.64 BTC. The FOLD mining pool has a total reward of 2,029,221 FOLD (approximately 128,100 USDT), with APRs of 3.61%, 2.49%, and 590.76% for the ETH, BTC, and FOLD pools respectively. Current total liquidity staked is approximately 30,807.7 ETH, 1,325.32 BTC, and 3.4531 million FOLD.
Odaily News: Stablecoin issuer Circle is formulating a market entry strategy for South Korea and is hiring a Senior Director of Ecosystem Growth. The position is a full-time role responsible for expanding partnerships with South Korea's financial and digital asset industries, tracking regulatory developments, and researching market trends in South Korean payments, digital asset capital markets, and institutional adoption.
Circle requires candidates to have a deep understanding of stablecoins, decentralized finance, and institutional finance. The role will also provide South Korean market and regulatory information to the company's sales and business development teams, participate in determining business pipelines and market entry sequencing, and relay South Korean market demands to product, solutions, and operations teams.
Odaily News: The Kazakh government is pushing to use associated gas to power cryptocurrency mining in order to revive the mining industry that has been affected by power restrictions. President Kassym-Jomart Tokayev signed a decree in July requiring the development of mechanisms for companies to use associated gas for digital mining.
Daniyar Mubarakov, head of the Blockchain and Digital Mining Association, said that Kazakhstan's total associated gas could be converted into 1.2 to 1.3 TWh of electricity, enough to support the construction of medium or large data centers or Bitcoin mining farms at some oil fields.
Kazakhstan's Ministry of Energy estimates that up to 60 oil fields in the country produce associated gas. Oil companies can sell waste gas to miners, reducing millions of dollars in disposal costs, while miners can lock in multi-year power prices and reduce their reliance on grid electricity.
The Kazakh government is developing a relevant legal framework to clarify operating rules for companies and regulate the market. Gizzat Baitursynov, Vice Minister of AI and Digital Development of Kazakhstan, said the mechanism will increase government tax revenue and improve the environment. (Bitcoin.com News)
Odaily: Stani Kulechov posted on X stating that Aave's potential market size can be measured by its addressable collateral assets — the broader the range of assets that can serve as collateral, the larger the potential lending market becomes. Aave initially started with crypto assets, then expanded into securities through Coinbase tokenized stocks and Horizon RWA. In the future, Aave will also help drive the global transition toward an "abundance economy," covering sectors such as solar energy, batteries, GPUs, robotics, and space infrastructure, with this transformation continuing through 2050. Aave's goal is to accelerate this process by a decade by providing financing for the assets that drive the "abundance economy."
According to Odaily, Binance Chinese stated on X that Binance Wallet now supports paying Gas fees with USDT, covering BNB Smart Chain, Ethereum, Solana, and TRON, with more public chain networks to be supported in the future.
According to Lookonchain monitoring, an address had 11,800 HYPE long positions liquidated an hour ago, worth $1.06 million. It currently still holds 47,200 HYPE long positions, worth $4.24 million, with a new liquidation price of $88.50.
Odaily reports that Russian Deputy Finance Minister Ivan Chebeskov stated that at least 20 million Russians have invested in crypto products, collectively holding approximately 3.7 trillion rubles, or about $44 billion. These assets are primarily used for foreign trade settlements, mining, and trading and savings on overseas exchanges.
Russia is advancing a regulatory framework that allows both qualified and non-qualified investors to hold and trade crypto assets on domestically regulated exchanges, while still prohibiting the use of crypto assets for everyday payments, and promoting the digital ruble as a payment instrument under direct state supervision. (Bitcoin.com News)
Odaily News: The Hong Kong Securities and Futures Commission (SFC) and the Accounting and Financial Reporting Council (AFRC) today signed a new Memorandum of Understanding (MoU), expanding the scope of regulatory cooperation to cover the financial and compliance reporting of licensed corporations, SFC-licensed virtual asset service providers, SFC-authorized funds, and registered open-ended fund companies, as well as the audit and assurance work carried out by relevant auditors. The two parties will also establish a comprehensive framework for information sharing, case referrals, mutual assistance, and coordinated inspections and investigations on regulatory matters of mutual concern.
According to Odaily, data submitted by South Korea's Financial Supervisory Service (FSS) to the office of Democratic Party lawmaker Park Hong-bae shows that South Korea's virtual asset trading volume fell by more than 50% over the past year, with the top 10% of users contributing over 96% of total trading volume. In the first half of 2026, the trading concentration of the top 10% of users across exchanges was: Upbit 95.6%, Bithumb 97.41%, Coinone 99.2%, Digital X 99.43%, and Gopax 97.61%.
According to an official announcement, OKX will list Doppler Finance (XDP) for spot trading on September 28 at 21:00.
Odaily reported that prominent trader Doctor Profit (@DrProfitCrypto) posted on X: "I have taken profit and exited all of my QNT holdings. The surge from $50 to $374 in just a few days is truly astonishing, and I am more than satisfied with these gains. What's more interesting is watching all sorts of people on X keep convincing themselves not to sell while aggressively encouraging others to keep buying in. The persistently elevated funding rates also mean long positions have become overly crowded. Being in a market environment like this makes me feel very uneasy, especially when I know full well that some whales have long since started quietly offloading behind the scenes, while publicly still urging retail investors to buy. I respect everyone's decisions, but I prefer to be transparent about my own moves. Even if I sold too early and it keeps going up afterward, I still feel at peace and satisfied with my decision."
According to industry sources, SK Hynix (SKHY.O) has started preliminary foundation work for a semiconductor wafer fab in the Tohoku region of Japan. It is not yet clear whether this will be an independently operated wafer fab or a joint venture with Kioxia. (SME Daily)
Odaily reports that Yoo Young-jun, Digital Finance Policy Officer at South Korea's Financial Services Commission, stated that the commission is considering introducing a market maker system for the virtual asset market to enhance market efficiency and stability. Currently, the Virtual Asset User Protection Act prohibits market-making activities, and the Financial Services Commission plans to re-examine and consider introducing such a mechanism during the second phase of legislation. Yoo Young-jun also stated that exchanges need to possess sufficient capital and operational capabilities, and that core functions such as trade execution, trading support, and abnormal transaction monitoring may shift from self-regulation to public law regulation; governance rules for major shareholders and management are expected to be strengthened. Once the bill is enacted, it is expected to promote business model diversification, the building of a trusted trading environment, the development of digital asset issuance and disclosure systems, and the advancement of Korean won stablecoins and user protection mechanisms.
