Odaily News: Johnny Ng Kit-chong, a member of the Hong Kong Legislative Council (Technology and Innovation constituency), stated in a keynote speech at the 2026 Shanghai Blockchain International Week and the 12th Global Blockchain Summit that new licensing regulations covering virtual asset trading services, custody, and other businesses are expected to be submitted to the Legislative Council for discussion in the second half of this year, with the aim of passing them in the second half of this year or early next year. By then, Hong Kong's digital asset-related licensing requirements will be essentially clarified.
Johnny Ng stated that the setback of the U.S. CLARITY Act is more beneficial to Hong Kong in the long run; currently, two licensed stablecoin issuers in Hong Kong are testing different application scenarios.
Odaily News: The Hong Kong Securities and Futures Commission (SFC) has announced that it has added Vebit to its list of suspicious virtual asset trading platforms and listed five related websites. The SFC stated that Vebit claims to provide spot, futures, and futures copy-trading digital asset trading services through the related websites, but the company is not licensed by the SFC and is suspected of engaging in unlicensed activities.
Odaily reports that BigShort has announced the launch of a multi-chain, multi-platform airdrop covering Robinhood, BSC, and Solana chains. Historical traders on platforms including Flap, Pons, Four.meme, pump, and BigShort are all eligible to receive the airdrop, with the total number of airdrop addresses approaching one million.
1. After losing $35.44 million, Garrett Jin lost another $79,000 on his ZEC long position;
2. CFTC investigates Kalshi for wash trading, platform denies fraudulent transactions;
3. A whale bought $400 million worth of HYPE in the past month, and purchased another 373,700 tokens today;
4. Cambodia exposes its largest telecom fraud hub "Compound No. 8" for the first time: Huione Pay was once based there and has ties to Prince Group;
5. An address withdrew 1 million UNI, worth $10.07 million;
6. SoftBank launches massive junk bond issuance to fund AI expansion;
7. Holdings approach $1 billion, Tesla's Bitcoin position unchanged for 4 years.
Odaily reports that the Alpenglow upgrade for the Solana blockchain network has entered public testnet, with developers set to test reducing transaction finality from approximately 13 seconds to 0.15 seconds, or 150 milliseconds.
The upgrade will replace Solana's existing TowerBFT consensus system with Votor, allowing validators to confirm blocks through one or two rounds of direct voting, though the way users send funds will not change.
The initial testnet migration requires Agave 4.3, and Firedancer or Frankendancer are not yet supported. The September 28 mainnet update remains a tentative arrangement and is not a confirmed launch date for Alpenglow. (CoinDesk)
Odaily report: NEAR has been listed on the Hyperliquid spot market, allowing users to trade the NEAR/USDC trading pair. According to the Hyperliquid process, it will take several more days for NEAR to appear in the Strict List on the platform interface.
Odaily reports that Bitcoin is currently on track to achieve its first July-through-September winning streak since 2012. After a similar pattern in 2012, Bitcoin fell 9.7% in October of that year, then rose more than 2,000% from that month's low. (CoinDesk)
Odaily reports that Arkham has stated Tesla currently holds 11,509 BTC, worth approximately $995 million. Bitcoin rose 14% this week, increasing the value of its holdings by about $123 million, leaving it roughly $5.1 million short of $1 billion. Tesla's Bitcoin holdings have remained unchanged for 4 consecutive years.
According to SoSoValue data, yesterday (September 22, US Eastern Time), Ethereum spot ETFs recorded a total net inflow of $162 million.
The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF ETHA, with a single-day net inflow of $88.13 million. ETHA's historical total net inflow has now reached $13.156 billion.
This was followed by Fidelity's ETF FETH, with a single-day net inflow of $33.64 million. FETH's historical total net inflow has now reached $2.354 billion.
As of press time, the total net asset value of Ethereum spot ETFs stands at $17.924 billion, with the ETF net asset ratio (market value as a proportion of Ethereum's total market value) reaching 5.34%. Historical cumulative net inflows have reached $13.682 billion.
Odaily reports that according to SoSoValue data, yesterday (September 22, US Eastern Time), Bitcoin spot ETFs recorded a total net inflow of $715 million.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $350 million. IBIT's total historical net inflow has now reached $64.856 billion.
This was followed by Fidelity's ETF FBTC, with a single-day net inflow of $257 million. FBTC's total historical net inflow has now reached $10.858 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $110.84 billion, with the ETF net asset ratio (market cap as a proportion of Bitcoin's total market cap) reaching 6.4%, and cumulative historical net inflows totaling $56.875 billion.
Odaily reports that BitMEX announced on X that the BitMEX exchange ceased operations today at 12:00 (UTC+8). User funds are safe, and login and withdrawal functions remain available. The platform strongly recommends that users withdraw their remaining funds as soon as possible. The platform has stopped accepting deposits, and users should no longer transfer assets to BitMEX addresses. Balances left on the platform will incur a monthly account fee, charged to KYC-verified users at the higher of an annualized 1% or the equivalent of $50. BitMEX previously announced in July that it would shut down the exchange.
Odaily Reports: Bitget has announced the successful conclusion of the 2026 King's Cup Global Invitational (KCGI). This year's tournament centered on "UEX Panorama Competition," marking the first time that crypto futures, TradFi futures, and stock spot trading (rToken) were integrated into a single competition framework. During the event, 83,529 traders and 1,476 teams from around the world competed across performance metrics and multi-track trading challenges, sharing a total prize pool worth $3 million.
As the core component of the tournament, the UEX Arena featured five leaderboards covering team returns, trading volume across various tracks, and individual returns, with a prize pool of up to 2 million USDT. The UEX Treasure Map, meanwhile, utilized a mechanism combining task keys and track fragment synthesis to offer participating users treasure chest rewards with a 100% win rate, worth up to 600,000 USDT.
In addition, this year's KCGI included a 100,000 USDT team captain incentive and a 200,000 USDT early bird bonus. Following the conclusion of the tournament, a Glory Livestream Lucky Draw was held, giving away multiple rewards including KCGI limited-edition merchandise, gold-plated footballs, and cash vouchers.
