Odaily reports that South Korean police have opened an investigation into 26 local Polymarket users and referred 18 of them to prosecutors on suspicion of illegal gambling. The total amount wagered by the users was approximately 17.6 billion Korean won, or about $12.7 million. Previously, South Korea blocked local users' access to Polymarket last month.

Odaily reports: A whale placed a ZEC buy order worth approximately $5.4 million at $1,019 this morning, and a PUMP buy order worth approximately $16.3 million at $0.00278. Both order prices are about 26% below the current market price. The address currently holds approximately $14.73 million in ZEC long positions and $3.74 million in PUMP long positions, with approximately $3.82 million in new ZEC long fills today. It currently holds approximately $18.4 million in positions across ZEC and PUMP, with ZEC longs profiting $1.61 million and PUMP longs profiting $220,000. If all the above buy orders are filled, its planned ZEC exposure will rise to approximately $20.13 million, and its planned PUMP exposure will rise to approximately $20.04 million, totaling approximately $40.17 million.

Odaily News: Emulate, a UK-based AI startup founded by former DeepMind researchers just one month ago, is launching a new funding round of hundreds of millions of dollars at a post-money valuation approaching $4 billion. According to people familiar with the matter, the company is in advanced talks with potential investors to raise up to $700 million, which would bring its valuation to $3.7 billion after the round closes. The massive funding round will be co-led by renowned UK venture capital firm Index Ventures and Silicon Valley-based Lightspeed Venture Partners, the sources said. (Financial Times)

Odaily reports: In November 2023, Orlen Trading Switzerland, a subsidiary of Polish state-owned energy company Orlen, signed a contract to purchase 6 million barrels of Venezuelan crude oil and paid $230 million in unsecured advance payment to Dubai-based trading company Hannon International for conversion into USDT.

Hannon International subsequently converted the funds through multiple intermediaries, with $135 million converted into only 85 million USDT, creating a $50 million shortfall. Between January and March 2024, private keys controlling over 132 million USDT were handed over via USB storage devices to brokers affiliated with Venezuela's state oil company.

After the transaction, the relevant brokers became unreachable, and the Venezuelan state oil company failed to release the crude oil cargo. Ultimately, only one vessel loaded approximately 500,000 barrels of fuel oil, valued at $28.8 million; Orlen canceled the contract in March 2024, with estimated total losses of $378 million to $424 million.

Polish prosecutors have launched a criminal investigation into the management of Orlen Trading Switzerland, with 3 former senior executives indicted and facing up to 25 years in prison. Orlen has initiated international arbitration in Dubai, seeking to recover the $230 million prepayment. (Bitcoin.com News)

According to an official announcement, Gate has listed ARGUS, TOLLY, and COOL perpetual contract trading (USDT-settled), supporting 1-10x leverage. Gate has also simultaneously added ARGUS, TOLLY, and COOL trading bots and copy trading features.

Odaily: Goldman Sachs now expects the Federal Reserve to raise rates by another 25 basis points in October, reversing its previous forecast of a pause after a September hike. (CoinDesk)

Odaily News: According to SoSoValue data, yesterday (September 16, US Eastern Time), Ethereum spot ETFs recorded a total net outflow of $224 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $110 million. ETHA's cumulative historical net inflow now stands at $12.886 billion.

This was followed by Fidelity's ETF FETH, with a single-day net outflow of $55.583 million. FETH's cumulative historical net inflow now stands at $2.219 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $15.155 billion, with the ETF net asset ratio (market value as a proportion of Ethereum's total market value) reaching 5.15%, and cumulative historical net inflows having reached $13.146 billion.

According to SoSoValue data, Bitcoin spot ETFs recorded total net outflows of $296 million yesterday (September 16, US Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflows yesterday was Morgan Stanley ETF MSBT, with single-day net inflows of $3.4724 million. MSBT's total historical net inflows now stand at $542 million.

The Bitcoin spot ETF with the highest single-day net outflows yesterday was BlackRock ETF IBIT, with single-day net outflows of $144 million. IBIT's total historical net inflows now stand at $63.833 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $95.185 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.22%. Cumulative historical net inflows have reached $54.569 billion.

Odaily News: Hong Kong's 2026 Policy Address proposes that the Securities and Futures Commission (SFC) refine the virtual asset licensing regime and formulate regulatory guidelines to clarify the compliance pathway for virtual asset service providers. It also aims to improve the regulatory framework for tokenized investment products, promoting the issuance, trading, and launch of innovative products for gold and other suitable real-world asset tokenized products on licensed platforms.

The Hong Kong Monetary Authority (HKMA) will explore more tokenized deposit applications, collaborate with mainland China to study trade finance use cases, and complete pilot transactions by the end of this year. It plans to finalize the Ensemble central bank digital currency 24/7 operational arrangements around the end of this year. HKEX intends to partner with designated banks to launch a tokenized warehouse receipt financing pilot within 2027. Its blockchain multi-asset tokenization platform has already incorporated Core Climate-listed carbon credits and plans to include LME-approved warehouse commodity receipts as a pilot next year.

PPP prediction market tool monitoring shows that on Polymarket, the probability of "the Fed will raise rates by a cumulative 50 basis points in 2026" has risen to 66%, up 21% in 24 hours; the probability of a cumulative 75 basis point hike has risen to 15%, up 7% in 24 hours.

According to the settlement rules, this market settles based on the number of 25 basis point units of actual Fed rate hikes in 2026, with a single 50 basis point hike counted as 2 hikes, and emergency rate hikes also counted. A single hike of 1 to 24 basis points is also counted as 1 hike. This market settles based on statements released after the conclusion of FOMC meetings held according to the Fed's official 2026 schedule.

The Fed concluded its monetary policy meeting on September 16 and announced a 25 basis point rate hike, marking the Fed's first rate hike since July 2023.

Join the PPP signal push community to stay one step ahead and seize the initiative.

Odaily reports: The hacker group "iamnotavillain" responsible for the Revolut data breach has demanded 6,000 XMR, worth $3 million, within 24 hours, or they will sell the stolen customer data to other criminal groups. Earlier reports indicated that the data breach affected 680 individuals.

Odaily reports that Circle co-founder and CEO Jeremy Allaire posted on X that the Circle x402 Facilitator service is now live on Arc. The service supports USDC settlement on Arc, Base, and Polygon PoS through EIP-3009. In addition, with the launch of Arc, market demand for cirBTC is growing. Currently, Circle Mint customers can directly mint and redeem cirBTC natively within the app. Each cirBTC is backed 1:1 by native BTC and can be redeemed for native BTC at a 1:1 ratio.

Odaily News: Kris Marszalek, co-founder and CEO of Crypto.com, tweeted that the U.S. SEC has confirmed the Form 1-N filing submitted by its futures exchange through OG.com, granting approval to launch single-stock futures to the market. He also stated that the team is working with the SEC and CFTC to push for the launch of single-stock perpetual contracts in the United States, with further updates to be announced.

According to Lookonchain monitoring, 7 hours ago, an address closed its long position on ZEC and switched to shorting 767.2 ZEC, worth $1 million; the short position has now been fully liquidated.

Odaily News: According to GMGN data, the market cap of PAID on Solana briefly hit $27.5 million, continuing to set a new all-time high, with a 24H gain of over 90%, and is now at $23.2 million.

It is reported that UsePaid is an automatic fee-splitting tool for token creators: project teams can import the creator fees generated by Meme coins into UsePaid, of which 80% is converted into USD and paid to designated X users through X Money, while 20% is used to buy back and burn PAID.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.