Odaily: Arc has launched a micro-grant program that will distribute 20 grants of 500 USDC each to eligible early developers who launch functional mini-apps on the Arc mainnet, with a total of 10,000 USDC in funding, covering early-stage projects, prototypes, and proof-of-concept applications.

Odaily News: Centrifuge has announced that HYB, a high-yield corporate bond strategy fund under New York Life Investment Management, which manages approximately $807 billion in assets, has launched on Avalanche, offering qualified investors tokenized exposure to a U.S. high-yield corporate bond portfolio. The product is managed by NYLIM and expands the range of institutional-grade asset classes on Avalanche beyond U.S. Treasuries and short-duration products through on-chain tokenization.

Odaily reports: The U.S. Senate failed to advance the Clarity Act, leaving the crypto industry still lacking a comprehensive federal regulatory framework and with the division of responsibilities among major financial regulators yet to be clarified.

Some industry participants said the vote outcome could push capital, talent, and innovation toward overseas markets with clearer regulatory rules. Rulemaking by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) may provide guidance in the short term, but legislation is still considered important for consumer protection and maintaining U.S. competitiveness. (CoinDesk)

According to Odaily, a Fox Business crypto reporter posted on X that CFTC staff are clearing obstacles for software developers, allowing them to build tools that connect users with registered futures commission merchants and exchanges without needing to register as brokers.

According to Coinglass data cited by Odaily, ZEC's price fluctuated by over 16.66% today. In the past 24 hours, ZEC liquidations reached $58.81 million, with 8,173 traders liquidated. Short positions accounted for $51.06 million in liquidations, while long positions accounted for $7.75 million. The largest single liquidation amounted to $6,990,340.

Today's Zcash (ZEC) liquidations were mainly concentrated on Hyperliquid (37.04%), Binance (33.55%), and Bybit (9.5%), indicating that these exchanges host a large volume of active leveraged trading.

Odaily reports that DeFi researcher Ignas posted on X that dividend-paying memes can lower the opportunity cost during the holding period. Taking ZCAT as an example, while waiting for it to rise, holders can also earn ZEC as yield. Ignas said he likes this type of "dividend-paying meme," believing its logic is similar to traditional dividend stocks favored for dividend income in retirement portfolios.

Odaily reports that according to OKX market data, ZEC hit 1444 USDT, continuing to set a new high, and is now trading at 1420.57 USDT, with a 24H gain of 13.17%.

Odaily News: This self-custodial app will encompass stablecoins, investments, yield, and global payments, with integrations with Stripe, Kalshi, and Morpho. Through World ID verification, users can unlock higher rewards.

Odaily News — As U.S. stocks are about to enter the final quarter of the year, Scott Rubner, Head of Equity and Derivatives Strategy at Castle Securities, is "increasingly constructive" on the upcoming trend. Investors may experience a bumpy ride in the short term, but if market weakness persists through the end of the month, this opportunity should be used to rebuild positions in core market sectors. Market sentiment toward artificial intelligence has sharply turned negative, and related positioning has also decreased. These trends should begin to reverse starting in October, first in tech stocks and then spreading to the broader market.

Scott Rubner wrote in a note to clients: "This does not mean we believe the weak September trend is over. Approaching the end of the month, the supply-demand landscape remains unfavorable, the technical backdrop continues to pose resistance to stocks, and we still believe stocks could decline further over the next two weeks. But the market landscape has already begun to change."

Odaily News: SEC Chair Paul S. Atkins released his remarks from a roundtable discussion, commenting that the SEC is advancing preparations to expand 24-hour trading in the US stock market. Extending trading hours is expected to allow investors to respond to market events more promptly, broaden global market participation, and enhance liquidity. Paul S. Atkins noted that DTCC has already launched a "23×5" trade capture system to support clearing and settlement, the industry has established overnight price ranges and risk control requirements for relevant trading venues, and the Securities Information Processor (SIP) is also preparing for overnight price information dissemination. Tokenization is expected to help the securities industry achieve real-time inventory management, improve efficiency, reduce settlement failures, and lower naked short-selling risks.

Odaily News: According to Bubblemaps monitoring, Circle has completed the minting of 10 billion ARC tokens and distributed them to 11 addresses via empty addresses, which can now be tracked on-chain in real time.

The Arc team previously announced that the ARC token minting has been completed, with a total supply of 10 billion tokens. The team emphasized that ARC tokens have not yet been launched into circulation, are not tradable, are not available for public use, or activated for staking, governance, fees, or utility functions. According to the previous whitepaper, the ARC token distribution plan is as follows: 60% allocated to the ecosystem (token sales, developer grants, network growth); 25% allocated to Circle (protocol development, staking, and governance); 15% allocated to long-term reserves (strategic flexibility and economic stability).

Odaily reports that according to Gate data, the UK FTSE 100 (UK100) rose above 10,800 points, now at 10,800.41 points, with a 24-hour gain of 1.1%.

Odaily News: U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins stated that the SEC today adopted an "innovation exemption" to provide temporary, conditional regulatory relief for certain tokenized NMS stocks to conduct onchain trading. Qualifying tokenized securities trading venues (TSVs) may be exempt from the "exchange" definition under the Securities Exchange Act, and qualifying liquidity providers may be exempt from the "dealer" definition. Atkins stated that the exemptions are subject to four key conditions:

First, the TSV must be a U.S. entity and comply with the economic and trade sanctions regulations of the U.S. Office of Foreign Assets Control (OFAC);

Second, a permissioned access system must be implemented, allowing only qualifying participants to trade tokenized NMS stocks;

Third, trading of synthetic tokenized stocks is prohibited; the relevant tokenized stocks must be tokenized by the underlying stock issuer or an unaffiliated third party, and holders must enjoy the same rights as traditional securities, including dividends and voting rights;

Fourth, issuers have the right to object to and prevent their securities from being traded on the TSV, and the anti-fraud and anti-manipulation provisions of federal securities laws continue to fully apply to the relevant securities activities.

Odaily News: According to Gate data, silver (XAGUSD) has risen above $66/oz, now trading at $66.014/oz, with a 24-hour gain of 2.9%.

Odaily News: OpenAI is reportedly close to solving another "Millennium Prize Problem." The series consists of 7 famous mathematical problems. OpenAI previously sparked controversy in the mathematics community after claiming to have solved the "Navier–Stokes existence and smoothness problem," one of the seven. (The Information)

Odaily reports: According to market sources, the White House is considering establishing a U.S. cybersecurity research and startup incubator.