Odaily reports that general-purpose AI compute chip unicorn EVAS Intelligence has announced the completion of a new funding round totaling nearly RMB 2 billion, with an estimated post-money valuation approaching RMB 15 billion. This round attracted participation from more than 20 investment institutions, including Huatai Innovation, Zhongding Capital, SMIC Juyuan, Jiuan Medical, Ren'ai Capital, Tongfu Microelectronics, Saiyi Industrial Fund, Holly Capital, Xinxin Leasing, Hengxu Capital, Shangqi Capital, Jianguang Zhanlu, and Rongyi Capital. EVAS Intelligence primarily provides efficient, scalable AI computing acceleration solutions to drive the widespread application of AI technology across various industries.

Odaily News: According to an 8-K filing disclosed by the U.S. SEC, XRP treasury company Evernorth Holdings signed a bond purchase agreement with NH Investment & Securities on September 11, intending to issue convertible senior notes with an aggregate principal amount of $30 million to an investment trust represented by the latter, with an annual interest rate of 4%, maturing in 2031.

The notes pay interest in kind (PIK), which can be added to the bond principal. The proceeds are intended for general corporate purposes, including purchasing XRP and conducting business related to the XRP ecosystem.

This bond issuance is subject to the completion of a business combination between Evernorth and special purpose acquisition company Armada Acquisition Corp. II, and is expected to be completed concurrently with the merger transaction in the fourth quarter of 2026. The company previously stated that after the merger is completed, it plans to list on Nasdaq under the ticker symbol XRPN.

Odaily reports: CoinShares noted in its latest research report that the Fed's hawkish policy shift and the stalling of the CLARITY Act are the two major short-term pressures currently facing the crypto market. According to the report, the Fed believes inflation remains too high, and its latest interest rate projections no longer show any room for rate cuts before 2027, which has provided support for the dollar and short-term U.S. Treasury yields. Combined with the Iran conflict driving up energy prices, the possibility of another rate hike within the year has increased. CoinShares believes that if the inflation outlook does not improve significantly, or if there is no major shift in monetary policy expectations, BTC may struggle to effectively break above $80,000 before the end of the year.

On the regulatory front, the main disagreement over the CLARITY Act remains centered on ethics provisions, and a revised version could potentially be reintroduced as early as the beginning of next year. Since Bitcoin's regulatory status is relatively clear, the bill's setback has limited impact on it, while Ethereum and other altcoins face greater regulatory uncertainty.

Odaily reports, according to market sources: Naive AI will release its first large language model this month.

Odaily reports that Flap has announced the official launch of a perpetual contract vault powered by MYX Finance. After a project issues a Meme token, a perpetual contract market can be opened simultaneously. Trading taxes will flow into the vault and be automatically used to buy back tokens, with the repurchased tokens serving as liquidity.

Token holders can earn trading tax rewards and perpetual market revenue, the latter including trading fees and funding rate-related income. This mechanism supports any asset in creating a perpetual market from day one without permission, requiring no project review or waiting for listing approval.

Odaily News: The Zcash ETF (Ticker: ZCSH) launched by Grayscale today announced plans to conduct a 3-for-1 forward share split of the fund. This split will not change the total value of shareholders' investments. (The Wall Street Journal)

Odaily reports: Haseeb Qureshi, managing partner at crypto-focused venture capital firm Dragonfly, has proposed that under current rules, the Zcash development fund should cease operations after its expiration in 2028.

Qureshi wrote: "I think this should be the last development fund." He stated that the current fund size is already sufficient to support Zcash's remaining development work, and as the fund's value approaches $100 million, it may face "politicization" risks in the future. According to ZecStats data, as of press time, the Zcash development fund holds 63,962 ZEC, worth approximately $95 million.

These remarks come amid ongoing industry discussions about the growing size of the development fund. The previous rise in ZEC's price drove a significant increase in the fund's value. Some also argue that Zcash should continue to maintain the development fund. Paradigm founder Matt Huang said on Wednesday that against the backdrop of improving AI network attack capabilities and the rapid development of quantum computing, the fund is particularly important.

Odaily reports: According to official sources, the AIA Ecosystem Fund has announced four updates to the AIA ecosystem, including the official launch of its product, alignment of token and equity value, execution of token burns and unlocks as planned, and the voiding of unvested tokens for terminated members.

On the product front, DeAgentAI's AI Token Smart Router officially launched to the public today, providing unified access to DeAgentAI's proprietary models and 38 mainstream third-party models, with support for model routing, API calls, and usage metering. Since its beta launch, the platform has served 8 B2B clients, processed over 54 million external model calls, and surpassed $1 million in monthly revenue.

Regarding token and equity value alignment, the AIA Ecosystem Fund stated that revenue generated by all DeAgentAI products and business lines, along with related intellectual property and value, will belong exclusively to the Foundation and be governed by $AIA holders, with equity investors no longer entitled to residual cash flows. Additionally, the previously disclosed buyback has been fully completed, and the repurchased tokens will be burned as planned.

The AIA Ecosystem Fund also stated that the 1-year lock-up period for investor, team, and advisor allocations has ended, entering a 3-year linear release period, consistent with the arrangement disclosed at launch; community, ecosystem, and staking allocations will still follow the original schedule. Former employees who departed normally will receive their allocations as agreed. However, given that certain former team members have engaged in serious illegal and criminal behavior, the AIA Ecosystem Fund explicitly stated a zero-tolerance policy toward any actions that harm the interests of the project and community. Any team member terminated due to misconduct or actions detrimental to the project's interests will have their unvested $AIA immediately voided, and the company reserves the right to pursue criminal liability.

Odaily News: 96-year-old Warren Buffett has formally resigned as Chairman of Berkshire Hathaway (BRK.A, BRK.B), transitioning to Chairman Emeritus and remaining on the board effective immediately. His eldest son, Howard G. Buffett, succeeds him as Chairman, while lead independent director Susan Decker will remain in her role.

This marks another key milestone in Berkshire's multi-year management succession process. Greg Abel officially took over as Chief Executive Officer on January 1 of this year, overseeing the company's capital allocation, investments, and operations management. With the chairman position now handed to Howard, the chairman and CEO roles that had long been concentrated in Buffett alone are now borne by two separate successors.

In his shareholder letter that day, Buffett said: "Father Time always wins." He noted that time has been generous enough to allow him to see Berkshire reach a position that gives him more confidence in its future than ever before. Regarding the new power structure, he offered a more direct division of responsibilities: "Greg runs the company, and Howard safeguards the company's culture and values."

Odaily News: On September 14, a16z and the DeFi Education Fund (DEF) submitted a proposal to the U.S. Securities and Exchange Commission (SEC), recommending a "safe harbor" from exchange registration requirements for qualifying decentralized exchanges (DEXs) and their front-end applications (DEX Apps). The proposal suggests that qualifying DEXs should possess four characteristics: non-custodial, automated, permissionless, and credibly neutral; DEX Apps should remain non-custodial, display market data based on objective and verifiable parameters, refrain from exercising discretionary control over trade execution, and limit developer activities to specific technical functions.

Odaily reports: Bitcoin News posted on X platform that Flipper's upcoming LoRa module can send messages through a radio repeater network without relying on the internet. In a test in London, messages were transmitted over 150 kilometers through the MeshCore network.

This technology can be used to send Bitcoin transactions: signed Bitcoin transaction data can be transmitted via LoRa radio and repeaters to a gateway connected to a Bitcoin node, which then broadcasts it to the network. When the local internet connection is disrupted, users can send transactions through this method.

Odaily report: Assets scattered across multiple locations worldwide belonging to Hu Xiaowei, the "second-in-command" of Cambodia's Prince Group, are being progressively frozen and restricted from disposal. UK land registry records show that a mansion in Belgravia, central London, was recently frozen. The property was purchased in October 2023 for £53 million (approximately RMB 475 million), with the title registered under Hu Xiaowei's wife, Zhao Chen.

Hu Xiaowei is also under investigation for money laundering in Singapore. Singaporean police disclosed in June this year that they are investigating Hu Xiaowei and his affiliated company Future Oasis on suspicion of money laundering. The total value of assets frozen, seized, or restricted from disposal in investigations related to Prince Group has exceeded S$600 million. (Caixin)

Odaily News: In response to a previous Wall Street Journal report that European Central Bank President Christine Lagarde pressured the Greek Prime Minister to block Binance's MiCA license application, a Binance spokesperson said it would not comment on speculative reports and reiterated that it will seek long-term compliant operations under the EU's MiCA framework. The spokesperson said: "We will not comment on speculation. In Europe, Binance remains committed to long-term compliant operations under the EU's Markets in Crypto-Assets Regulation."

Previously, Binance applied for a MiCA license in Greece in January 2026. In mid-June, reports said the Hellenic Capital Market Commission (HCMC) planned to reject the application, and Binance subsequently withdrew the application days before the July 1 MiCA deadline, saying it would turn to other EU member states to seek authorization. (Cointelegraph)

Odaily Report: Zcash has announced that the Q3 Retroactive Grant vote for Shielded ZEC holders is now open and will run until September 29 at 20:00 UTC. This vote includes 37 proposals, each requiring a separate "for/against" vote, with a quorum threshold of approximately 420,000 ZEC. Before voting, users need to update to Zodl 3.14.0 or above, the latest version of Vizor Wallet, or the latest version of Zkool.

According to Bitcoin News on X, Bull Bitcoin and Paymium had requested the court to suspend Decree No. 2025-1276 issued on December 19, 2025. The September 14 ruling stated that the privacy harm was insufficient to justify an emergency suspension, and that the likelihood of a data breach was "extremely low."

1. CZ participated in the BNC renaming community vote, supporting "BNB Standard";

2. Two long positions profited $1.591 million, with a certain address achieving a 991.1% return on a 10x UNI position held for 25 days;

3. Continuing to hit new highs, Solana ecosystem token PAID's market cap briefly touched $36 million;

4. Binance will list 7 USDT-margined perpetual contracts including PATH and AMC;

5. Helius co-founder: Privacy mechanisms are the foundation for Zcash to become a superior monetary asset;

6. NYSE Arca filed with the US SEC to list binary KPI options, with underlying assets covering earnings metrics of companies including Coinbase;

7. Worth $190 million, a related address plans to go long on 2,450 BTC at $78,000;

8. Most crypto, optical module, and storage sectors rose in US pre-market trading;

9. QCP: Bitcoin has successively absorbed the impacts of CLARITY setbacks and Fed rate hikes, with ETF flows turning to net inflows;

10. After losing $13 million and then recovering, a certain whale's UNI position shows an unrealized profit of $293,000.