Odaily reports that the Zilliqa network's second exchange migration hard fork is expected to trigger on September 22 at 7:21 UTC at block height 36,383,378. ZIL from participating exchanges will be migrated from legacy wallets to verified Zilliqa EVM addresses, involving multiple exchanges; Bithumb is expected to complete its migration in the third hard fork.
After the migration is complete, each exchange will gradually resume ZIL deposits and withdrawals on Zilliqa EVM, with specific timing subject to each platform's announcement.
Odaily News: Following the Federal Reserve's rate hike, a wave of liquidations swept through the cryptocurrency market, with traders facing a cumulative $345 million in liquidations. Zcash subsequently rose 17%. (CoinDesk)
Odaily reports: The European Union plans to introduce the "AI Kids Act," which would prohibit chatbots such as ChatGPT, Character.ai, and Snapchat My AI from simulating emotions or personal relationships when interacting with users under 18, in order to prevent minors from developing emotional dependence on AI. The act would strictly restrict chatbot features aimed at minors, targeting the core experience design that currently makes users "addicted." (WIRED)
Odaily News: The U.S. House Financial Services Committee on Wednesday advanced the American Reserve Modernization Act (H.R. 8957) by a vote of 28 to 21. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats.
The bill requires the Treasury Department to establish a Bitcoin strategic reserve and a digital asset reserve within 180 days, and mandates that federal agencies declare their asset holdings within 60 days. Bitcoin included in the reserve may not be sold, exchanged, auctioned, or pledged as collateral for 20 years.
The revised text removes provisions to purchase additional Bitcoin using Federal Reserve funds, gold certificate revaluation, and tariff revenues, and changes the frequency of proof-of-reserve reports from quarterly to annual. The bill does not authorize the purchase of Bitcoin; it only requires the Treasury Department and the Commerce Department to study acquisition plans that impose no cost on taxpayers. (Decrypt)
Odaily News: France's Conseil d'État, the country's top administrative court, has rejected an emergency application filed by crypto companies Bull Bitcoin and Paymium, refusing to immediately suspend the enforcement of the French decree implementing the EU's Eighth Directive on Administrative Cooperation (DAC8).
The applicants argued that centralized collection of personal and financial data of digital asset users could expose them to risks of data breaches, extortion, and physical safety threats. The court held that the applicants failed to demonstrate the existence of an urgent situation sufficient to justify an emergency suspension.
Bull Bitcoin's lawsuit seeking a full annulment of the decree is still pending. DAC8 took effect in the EU on January 1, 2026, and registered service providers must complete their first reporting for the 2026 fiscal year by September 30, 2027. (Bitcoin.com News)
Odaily News: Bitwise Chief Investment Officer Matt Hougan has revised his earlier pessimistic view on the Clarity Act's failure to pass, arguing that the crypto bull market is no longer highly dependent on the bill's approval.
The Clarity Act received 49 votes in a U.S. Senate procedural vote, falling short of the 60-vote threshold. Since July 1, Bitcoin's price has risen from around $57,950 and broke through $80,000 in early September; during the same period, the predicted probability of the bill passing within the year dropped from 39% to 14% on prediction markets.
Odaily News: Following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransom. A group calling itself "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or it would sell customer data to other criminal organizations; another group, "Revolut Smilik," had earlier demanded 10,000 Bitcoin (approximately $780 million).
In response, a Revolut spokesperson stated that the company has not received any direct contact or extortion demands from any of the aforementioned individuals or organizations. Meanwhile, Italy's Anti-Mafia and Anti-Terrorism Directorate has launched an investigation, with Italian prosecutors investigating unauthorized access to government computer systems, and Italy's privacy regulator has also asked banks to urgently review the security of their access systems. (Cointelegraph)
Odaily News: Bitget has announced an upgrade to its Proof of Reserves (PoR) system, expanding asset coverage from the original 4 cryptocurrencies to 19 major assets, with newly added tokens including XAUT, SOL, BNB, USDGO, and others. This upgrade simultaneously expands the scope of platform-level reserve disclosure and individual asset proof verification. Users can view each asset's reserve ratio, scale, and on-chain distribution through the PoR page, and use Merkle Tree to independently verify whether their personal holdings are included in the reserve snapshot.
Bitget has been publishing monthly reserve reports since December 2022, and as of August 2026, has published 45 consecutive issues, with the latest overall reserve ratio at 122%. Bitget CEO Gracy stated that as the variety of assets supported by the platform continues to increase, reserve transparency and verification capabilities also need to expand in tandem, enabling more users to independently verify their assets and further enhancing platform transparency.
Odaily reports: According to official data, Gate Meme's spot and USDT perpetual markets cover 156 and 80 trading pairs, respectively. In terms of liquidity, the order book depth within the ±2% range of the mid-price on Gate Meme's spot and perpetual markets is approximately 8.9227 million and 40.9695 million USDT, respectively, indicating that both markets have relatively ample trading capacity.
In terms of trading volume, DOGE ranks first in trading volume on both the spot and USDT perpetual markets, with 24-hour trading volumes of approximately 23.5916 million and 47.3489 million USDT, respectively; Lobster's spot and perpetual trading volumes also reached 10.9043 million and 19.8405 million USDT, respectively, while other popular Meme assets such as TRUMP, PEPE, and USELESS also ranked among the top in trading volume.
Odaily reports that data shows, as STONK's market cap rebounded to $186 million, FOMO user point farm capital saw a paper gain of approximately $2.319 million over the past 24 hours, with the account's current assets valued at approximately $10.831 million. With STONK as its core holding, the account holds approximately 38.7 million STONK tokens, with a position value of approximately $8.652 million, cumulative unrealized gains of approximately $8.012 million, and a return rate of 585.35%. Additionally, the account also holds assets such as Anonymous Cat, Hypurr, and The Stonkfather, among which the POINTFARMC position is valued at approximately $511,000, with cumulative unrealized gains of approximately $365,000.
Odaily News — Strategy is using large-scale buybacks to push the price of its perpetual preferred stock STRC back toward its $100 par value, in a bid to restore its Bitcoin financing capacity. Between July 20 and September 13, Strategy repurchased a total of 9.96 million STRC shares for approximately $950 million, accounting for about 18% of the trading volume during the same period. Of that, roughly $765 million can be traced to sales of MSTR common stock, while another approximately $161 million came from Bitcoin reductions.
STRC had previously fallen to around $70, and has recently rebounded to as high as about $99. Analysts believe that only when STRC's price approaches or climbs above its $100 par value can Strategy effectively reissue the security and use the proceeds to purchase Bitcoin. However, after Strategy pulls back and reduces its buybacks, whether STRC can continue to hold near par value remains uncertain. (Bloomberg)
Odaily News: The UK Financial Conduct Authority, together with HM Revenue & Customs and the Metropolitan Police, conducted raids at multiple locations in London targeting 3 suspected illegal peer-to-peer crypto trading venues, and issued cessation notices to the relevant operators, requiring them to immediately terminate unregistered crypto operations.
The FCA stated that anyone engaging in peer-to-peer crypto buying and selling as a business in the UK must complete anti-money laundering registration; currently, there are no FCA-registered peer-to-peer crypto trading businesses in the UK.
Odaily reports that the Federal Reserve raised interest rates by 25 basis points on September 16, lifting the federal funds rate target range to 3.75%–4.00%, with markets expecting a further 75 basis points of tightening over the next six months. Bitcoin has fallen about 40% from its high of roughly $126,000 last October, similar to the 40% decline from its November 2021 peak of about $69,000 when the Fed first hiked in March 2022. After the March 2022 rate hike, Bitcoin rallied about 18% over 12 days before sliding a further 50%.
The analysis further notes that the current price action may carry a similar risk of "rally first, selloff later," though a single historical cycle offers limited guidance. Meanwhile, geopolitical tensions in the Middle East have pushed WTI and Brent crude above $100 per barrel, and the U.S. 10-year Treasury yield has climbed to 5%, potentially intensifying inflation and financial market pressure. (CoinDesk)
Odaily reports that Ripple has added support for the Machine Payments Protocol (MPP) and an open wallet standard in version 1.1 of its XRP Ledger AI Starter Kit, enabling AI agents to use XRP and RLUSD to pay for online services such as data and computing power. MPP was jointly developed by Stripe and Tempo. Jazzi Cooper, Head of Product at RippleX, said the goal is to make XRP and RLUSD first-class options for developers.
The software is still in testing, and no commercial clients or payment volumes using the MPP integration have been disclosed. Ripple previously added support for the x402 standard in June; stablecoins currently only support one-time payments, and integrating payment channels requires a ledger upgrade.
Odaily News: According to on-chain analyst Aunt Ai's monitoring, a smart money address (0xa23...CF98) accumulated 475,000 LIT at a cost of $1.56 three months ago, and withdrew tokens worth $2.257 million from Bybit in June 2026. The address deposited all its LIT to Lighter at a price of $4.75 five hours ago, achieving a 204% return over 3 months of holding; if sold, it is expected to profit $1.512 million.
