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09/12
06:23
Singapore S$3 Billion Money Laundering Case: First Two Batches of Confiscated Assets Put Up for Auction; Involved Parties Had Ties to Cryptocurrency Money Laundering

Odaily News: In Singapore's S$3 billion money laundering case, the first two batches of confiscated assets have officially been put up for auction, with an estimated total value ranging from S$2.9 million to S$3.9 million. The auction is conducted entirely online, and bidders cannot place bids in person or by phone. Currently, the confiscated items are stored in a warehouse at Le Freeport in Changi North Crescent. Interested bidders from Singapore and overseas can visit in advance, but appointments are required and slots are limited. Among the items, the most notable is a limited-edition pumpkin bag by Louis Vuitton and Yayoi Kusama. (Lianhe Zaobao)

It is reported that this case is one of the largest money laundering cases in Singapore in recent years. Su Weiyi, a business partner of involved party Wang Shuiming, has been confirmed as the mastermind behind the cryptocurrency platform scam Atom Asset Exchange. Another involved party, Su Baolin, had received proceeds from illegal overseas online gambling through USDT and converted part of the USDT into at least S$463,000 in cash in 2023. He also used USDT to purchase a Toyota Alphard.

05:59
WSJ: U.S. Stocks Rebound as Market Accepts Fed Rate Hike Expectations, 10-Year Treasury Yield Approaches 5%

Odaily News: After U.S. August CPI data came in slightly above expectations, the market has largely confirmed that the Federal Reserve will raise rates next week, which instead drove a rebound in U.S. stocks on Friday. Investors believe that a clear rate hike path helps reduce policy uncertainty and avoids more aggressive rate hike expectations in the future. The S&P 500 rose 0.9% on Friday, the Dow gained about 1%, and the Nasdaq rose 1%, but all three major indexes still ended the week lower overall. Meanwhile, the 10-year Treasury yield closed at 4.974%, approaching the 5% threshold, up significantly from 4.783% a week earlier. The market currently expects the Fed to raise rates by 25 basis points at next week's meeting. RBC Capital Markets even revised its rate cut expectations for this year to three rate hikes, believing that high rates could further weigh on corporate earnings and equity valuations. Energy markets also continued to exert pressure. Brent crude closed at $104.61 per barrel on Friday, up more than 8% for the week. Houthi attacks on Saudi energy facilities, transportation risks in the Strait of Hormuz, and Saudi Arabia's closure of the East-West oil pipeline have all further intensified supply concerns. Although market sentiment recovered somewhat on Friday, the simultaneous presence of high oil prices and high interest rates still means that U.S. stocks may remain highly volatile going forward. The core question on Wall Street has now shifted from "whether the Fed will raise rates" to "how long will high rates persist, and can inflation be contained without harming the economy and corporate earnings."

05:33
Canadian Financial Regulator Rules Tokenized Deposits Have Same Legal Status as Traditional Deposits

Odaily News: The Office of the Superintendent of Financial Institutions (OSFI) is Canada's banking regulator. The agency stated on Thursday that tokenized deposits are not legally distinct from traditional deposits, noting that the underlying technology used by a financial product or service does not determine its legal nature.

OSFI stated that financial institutions may conduct tokenized deposit business under existing financial regulatory laws without the need for additional regulations. Financial institutions and third parties conducting related activities on their behalf must ensure that their operations comply with applicable laws and regulations.

OSFI requires financial institutions to communicate with their responsible OSFI supervisors in advance before launching new products or services, and recommends seeking legal advice prior to launch. The agency oversees nearly 350 financial institutions and 1,200 pension plans. (Bitcoin.com News)

05:30
Odaily Morning News

1. Bitcoin spot ETF recorded a total net outflow of $13.2893 million yesterday, marking 4 consecutive days of net outflow;

2. Ethereum spot ETF recorded a total net inflow of $216 million yesterday, with BlackRock's ETHA leading at $149 million in net inflow;

3. Robinhood CEO: Public companies have no right to prevent third parties from creating blockchain products tied to their stocks;

4. Long.xyz launches pre-market trading contracts for OpenAI and Anthropic, offering up to 5x leverage;

5. Cobie: Jesse Pollak deserves to be seen by Coinbase as the "onchain savior," and Base has somewhat pioneered the wave of enterprises building their own chains;

6. A cumulative 48.57 million HYPE tokens have been burned, with Hyperliquid repurchasing and burning $2.65 million worth of tokens over the past 24 hours;

7. 3 insider trading investigations approved, CFTC probes Polymarket contracts on Biden pardon, Iran war, and Google;

8. Maintaining zero Bitcoin holdings, Bitdeer sold 293.2 BTC this week;

9. UK crypto regulation enters implementation phase, FCA to open crypto asset authorization applications on September 30;

10. Robinhood Crypto's INDEX page still shows "404," and the market cap of the同名 Meme coin has fallen below $30 million;

11. Symbiosis: Approximately 15 BTC has been recovered, final losses are still being calculated, and a 20% white-hat bounty is being offered to the hacker.

05:14
Ethereum Spot ETF Total Net Inflow Reached $216 Million Yesterday, BlackRock's ETHA Led with $149 Million Net Inflow

According to SoSoValue data, yesterday (September 11, US Eastern Time), Ethereum spot ETFs recorded a total net inflow of $216 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 $149 million. ETHA's historical total net inflow has now reached $13.013 billion.

Next was Bitwise ETF ETHW, with a single-day net inflow of $29.0871 million. ETHW's historical total net inflow has now reached $427 million.

As of press time, the total net asset value of Ethereum spot ETFs stands at $16.305 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 5.28%. The historical cumulative net inflow has reached $13.390 billion.

05:14
Bitcoin spot ETFs saw a total net outflow of $13.2893 million yesterday, marking 4 consecutive days of net outflows

Odaily News: According to SoSoValue data, yesterday (US Eastern Time, September 11), Bitcoin spot ETFs recorded a total net outflow of $13.2893 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was Morgan Stanley ETF MSBT, with a single-day net inflow of $3.7608 million. MSBT's historical cumulative net inflow has now reached $529 million.

Next was VanEck ETF HODL, with a single-day net inflow of $2.1832 million. HODL's historical cumulative net inflow has now reached $1.016 billion.

The Bitcoin spot ETF with the highest single-day net outflow yesterday was BlackRock ETF IBIT, with a single-day net outflow of $19.2333 million. IBIT's historical cumulative net inflow has now reached $64.004 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $97.577 billion, with the ETF net asset ratio (market capitalization as a proportion of Bitcoin's total market capitalization) reaching 6.28%, and historical cumulative net inflows having reached $55.155 billion.

05:03
An account purchased $54,000 worth of LCK playoff lower bracket final T1 defeating HLE.

PPP prediction market tool monitoring shows that in the "LCK Playoffs Lower Bracket Final T1 vs HLE" prediction event, an account with $46,000 in profit

(0xc32359bbc920b365a05cd310b9a998508c980077) purchased $54,000 worth of T1 defeating HLE, with an average entry price of 40¢ and 136,907.3 shares bought.

This match starts at 13:00 on September 12. The winner advances to the grand final (to face GENG on September 13) to compete for the LCK 2026 championship; the loser is eliminated (both teams have already secured Worlds qualification).

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

05:00
Robinhood Crypto's INDEX page still shows "404," and the market cap of the Meme coin with the same name has fallen below $30 million

Odaily News: According to GMGN data, the market cap of Robinhood Chain Meme coin INDEX has fallen below $30 million, now at $28.33 million, down 13.92% in 24 hours.

Previously, Robinhood Crypto appeared to have an inconsistency between the INDEX name and its market data. The related page displayed Index Cooperative, but the price and trend shown were closer to the Robinhood Chain Meme coin INDEX. After community users discovered the issue, Robinhood Crypto appeared to take action, and access to the related page subsequently showed a "404 Page not found" message. As of the time of publication, it has still not returned to normal.

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

04:58
UK Crypto Regulation Enters Implementation Phase, FCA to Open Crypto Asset Authorization Applications on September 30

Odaily reports that Zumo founder and CEO Nick Jones stated that the UK Financial Conduct Authority (FCA) will open the crypto asset authorization application window on September 30, with the new regulatory framework expected to officially take effect in October 2027. As the regulatory path becomes clearer, traditional financial institutions such as Hargreaves Lansdown, the UK's largest retail investment platform, are beginning to enter the crypto market, and the UK crypto industry will gradually shift toward compliant operations.

04:56
Bitdeer Maintains Zero Bitcoin Holdings, Sold 293.2 BTC This Week

Odaily News: Nasdaq-listed Bitcoin mining company Bitdeer posted on X that for the week ending September 11, its Bitcoin mining output was 293.2 BTC, while it sold 293.2 BTC during the same period, with net new additions of 0 BTC. It currently still maintains zero Bitcoin holdings.

04:09
3 Insider Trading Investigations Approved, CFTC Involves Polymarket Biden Pardon, Iran War, and Google Contracts

Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has previously secretly approved 3 insider trading investigations into Polymarket trading, involving Biden pardon, Iran war, and Google-related event contracts. CFTC Chairman Michael Selig approved an investigation in May into contracts related to the Biden pardon, after a trader had profited over $300,000 from the related market; in the same month, the CFTC also approved an investigation into Iran war contracts, after a group of suspicious accounts was exposed for profiting $2.4 million with a win rate of approximately 98%. In July, the CFTC further launched an investigation into Google-related Polymarket contracts, focusing on individuals who may have used non-public information about Google's 2025 search rankings to trade. The U.S. Attorney's Office for the Southern District of New York is also conducting a parallel investigation, and Polymarket stated that it has referred the relevant matters to law enforcement and is cooperating with the investigation.

03:41
Unrealized profit of $985K: An address held 10.26 million 牛来 for 26 days and sold $784K worth of 币安人生

Odaily News: According to on-chain analyst Ai Yi's monitoring, an address (0x248...A6990) sold $784K worth of 币安人生 in the past 3 hours. Three hours ago, this address withdrew 1.63 million 币安人生 from Binance, then sold all of them on-chain at an average price of $0.4685, with unknown cost basis. This address bought 10.26 million 牛来 at $0.02892 26 days ago, and currently still holds them with an unrealized profit of $985K, then transferred all tokens to a new address (0x01E...1357f).

03:23
98% win rate: 19 linked Polymarket accounts made 42 bets and won 41, with cumulative profits of about $22,000

Odaily reports: A group of 19 interconnected Polymarket accounts concentrated bets over the past several months on the earnings of publicly traded companies audited by KPMG, covering 18 KPMG clients including Wells Fargo, Home Depot, DoorDash, and General Mills. The account cluster placed a total of 42 trades, of which 41 were profitable, for a win rate of 98% and cumulative profits of about $22,000. The related funds had flowed among the 19 accounts, suggesting they may have been controlled by the same person or team. U.S. law enforcement is investigating a KPMG employee suspected of using Polymarket for insider trading; the employee is being investigated for betting on whether listed companies' quarterly results would exceed market expectations. At present, it cannot yet be confirmed that the account cluster is connected to the employee, and the related analysis itself also cannot prove the existence of insider trading. KPMG said it has a zero-tolerance stance toward trading using non-public client information and has strengthened relevant monitoring.

03:12
Meme Express: MISSILE community is buzzing on Robinhood, market cap at $1.46 million

According to Odaily Meme Express monitoring, the MISSILE community is buzzing on Robinhood, and GMGN shows the current market cap at $1.46 million.

Group chat A says this is a "missile" generated by Claude.

"Meme Express" is Odaily's exclusive AI model for screening potential community-hyped targets. The content is compiled based on public information and does not constitute investment advice. Please do your own due diligence and be aware of the high volatility risks of meme coins.

03:08
Maintains a 100% win rate, @XXAntiWar makes $774K profit on Hyperliquid after comeback

Odaily reports: According to on-chain analyst Aunt Ai's monitoring, the queen @XXAntiWar (0xfe5...d850) closed a long position of 4,765,432 PONS today, with a position value of $2.943 million, yielding a profit of $87,000; closed a short position of 3,478.95 ZEC, with a position value of $4.078 million, yielding a profit of $27,000. Combined with yesterday's $660,000 profit on ZEC, @XXAntiWar has made $774,000 in profit on Hyperliquid since her comeback, and has used another address (0x0c4...5d516) to deposit $2 million in margin.

03:00
Coinbase Wallet Launches Pulse Mode

Odaily reports that Brian Armstrong posted on X that Coinbase Wallet has launched Pulse mode, and users can download the app to experience it.