Odaily News: Spark has announced that it will shut down its lending protocol SparkLend on Gnosis Chain on September 14. Once the relevant execution takes effect, all outstanding loans on this instance will immediately become liquidatable. Users need to repay their debts before September 14 to avoid liquidation. This move is intended to reduce Spark's overall risk exposure and eliminate ongoing maintenance costs.

Odaily Report: The European Central Bank raised interest rates by 25 basis points as expected, with the deposit facility rate rising from 2.25% to 2.5%, while the main refinancing rate and marginal lending rate were also raised in tandem to 2.65% and 2.9%, respectively. (Jinshi)

Odaily News: The U.S. Senate announced that a Republican-led subcommittee has formally launched an investigation into OpenAI regarding its response to the July Hugging Face intrusion incident.

It is reported that subcommittee chairman and Republican Senator Josh Hawley stated in a letter to OpenAI CEO Sam Altman on September 9 that OpenAI "redacted many important details" and continued testing after detecting anomalous AI behavior, calling the practice "reckless," and demanded that relevant responses and documents be submitted by October 1. In addition, Democratic Senator Richard Blumenthal also wrote to Sam Altman, requesting an explanation regarding reports that OpenAI's agents more broadly circumvented safeguards. The investigation stems from OpenAI's disclosure that its internally tested models bypassed isolation controls and intruded into some of Hugging Face's systems, after which Anthropic and Meta also reported similar AI agent intrusion incidents. (Reuters)

According to Gate data, international oil prices climbed, with WTI crude oil futures rising 3% to $98.914 per barrel, a new high since May 22; Brent crude oil futures rose 2.53% to $103.766 per barrel, also a new high since May 22.

Odaily News: This week's upcoming U.S. Producer Price Index (PPI) has become a key juncture for determining whether inflation is reaccelerating. Lewis Huang, Chief Analyst at Bitget CFD, pointed out during a livestream that with nonfarm payrolls adding 162,000 jobs and the unemployment rate holding at 4.1%, U.S. demand remains resilient. If core PPI and services prices stay elevated, businesses may pass costs on to consumers, pushing up subsequent CPI and prompting the market to reprice the Fed's policy path of "keeping rates higher for longer."

Lewis Huang further analyzed two scenarios: if PPI comes in above expectations but CPI remains moderate, it means businesses lack pricing power and can only absorb costs by compressing profit margins; if both PPI and CPI exceed expectations simultaneously, it signals that the inflation transmission chain has been reestablished, potentially serving as a catalyst for a stronger dollar and higher Treasury yields. On the trading front, if PPI beats expectations and drives the dollar higher, gold and high-valuation tech stock indices like the Nasdaq 100 may come under pressure; conversely, if PPI falls short of expectations, a weaker dollar would support a rebound in gold and growth-oriented stock indices.

Lewis Huang cautioned that traders should not focus solely on the first wave of market reaction after the data release, but also observe whether PPI is confirmed by CPI, the dollar, and Treasury yields. If the PPI rise is merely a short-term cost shock, the market impact will be limited; if costs continue to pass through to consumers, the market narrative may shift back to "persistent inflation and prolonged high rates."

Odaily reports: Bitcoin News posted on X that the German Ministry of Finance, led by Klingbeil, has proposed a flat 25% capital gains tax on Bitcoin purchased after December 31, 2026, which rises to 26.375% when the solidarity surcharge is included; starting in 2028, trading platforms will withhold and remit the tax. If Bitcoin is transferred to another platform and the cost basis cannot be provided, the 25% tax rate may apply to the entire sale amount rather than just the profit portion. Bitcoin purchased before the deadline will still retain the tax exemption policy after being held for one year; currently, individuals in Germany are not required to pay taxes on Bitcoin sales after holding for 12 months.

Odaily reports: The UK has invested nearly $40 million in SpaceX for satellite services, becoming the first country outside the US to publicly acknowledge the adoption of its military communications service "Starshield." It is reported that the UK Ministry of Defence possesses approximately 1,000 Starshield terminals and 500 Starlink terminals, with the Starshield project costing around £13 million ($17.6 million) and the Starlink project costing £16.5 million. SpaceX's latest quarterly results show that the US government has awarded over $6 billion in multi-year Starshield contracts. (Reuters)

Odaily reports: Polymarket has hired its first-ever Chief Financial Officer. The prediction market company is seeking new investment and aiming to regain momentum after falling behind its main competitor, Kalshi. According to a company statement, Warren Jenson joined Polymarket this week; he had previously held senior finance roles at media research firm Nielsen and marketing company LiveRamp. At 69 years old, he brings decades more experience than the company's young 28-year-old founder and CEO, Shayne Coplan. "Warren has led the finances of some of the most important companies in the world, and his experience will be critical to everything we build from here on out," Coplan said. (Bloomberg)

Odaily reports that according to the Osmosis team, a solution proposal addressing the previous Nomic chain nBTC incident has now been published and has officially entered community discussion. Under the proposal, the Osmosis governance community will consider seizing the previously frozen attacker assets and using BTC accumulated in the community pool to cover the remaining collateral shortfall, in order to restore full collateral backing for Alloyed BTC. The plan still requires governance discussion and voting, and asset seizure or collateral replenishment has not yet been completed.

Odaily News: Federal Reserve officials have signaled that they are prepared to raise interest rates if inflation does not improve soon. However, they may find that their primary policy tool is unlikely to have much suppressive effect against some of the factors currently driving prices higher. According to futures contracts, investors currently estimate the probability of a Fed rate hike at the September 15-16 meeting at approximately 60%.

Stephanie Roth, chief economist at Wolfe Research, said, "The key factors pushing inflation above trend levels are the Iran war, tariffs, and chip shortages. Even if the Fed raises rates once or twice, it is unlikely to fundamentally change this backdrop."

Odaily：Today, reports claimed that leading domestic large model company Moonshot AI is considering listing in both Hong Kong and Shanghai to secure more funding. In response, knowledgeable sources said the information is inaccurate. (STAR Market Daily)

Odaily reports that Bonk Guy posted on X platform stating that he recently re-examined the relative performance of USELESS against mainstream meme coins, and found that USELESS's price ratios against PEPE, DOGE, PENGU, WIF, FARTCOIN, BONK, SPX, and SOL are all at historic highs.

Bonk Guy stated that nearly all observable indicators suggest USELESS could become the "meme coin of this cycle," with its market cap potentially reaching billions of dollars. Additionally, during this market correction, USELESS continued to attract a large number of new holders. He believes that before the fourth quarter arrives, as long as the price maintains its current range, any pullback in USELESS would be worth aggressively buying.

PPP prediction market tool monitoring shows that on Polymarket, the probability of "ETH hitting $2,500 in the remaining period of September" has risen to 77%, up 27% in 24 hours. In addition, the probability of rising to $2,600 has dropped to 66%, down 8% in 24 hours.

According to the settlement rules, within the specified month, if the highest price of any 1-minute candle on Binance ETH/USDT reaches or exceeds the specified price, the market settles as "Yes"; otherwise, it settles as "No." The market settlement is based solely on Binance ETH/USDT price data; prices from other exchanges or trading pairs are not taken into account.

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

1. The U.S. Treasury will raise the single buyback size for long-term Treasuries to $6 billion, triple the previous amount;

2. Binance will delist the USDP spot trading pair on September 24;

3. Holding $418 million in Bitcoin, a whale transferred $82 million to Kraken after holding for nearly two years;

4. Morgan Stanley initiates coverage on Coinbase with a "Neutral" rating and a $250 price target;

5. U.S. institutions can trade Bitcoin and Ethereum perpetual futures as SGX receives CFTC authorization;

6. Robinhood Meme coin WALLET market cap breaks through $50 million, surging over 57% intraday to a new all-time high;

7. Gemini obtains a Major Payment Institution license in Singapore, covering digital payment token and cross-border transfer services;

8. Arthur Hayes: Flop Labs yellow paper draft is now live, Technocore will launch a multi-agent collaborative poetry competition;

9. South Korea will announce over $100 billion in energy investment in the U.S. to support American AI development;

10. BSC Meme coin UPONLY briefly surpasses $4 million in market cap, surging over 90x intraday.

According to on-chain analyst Yu Jin's monitoring, a whale continued to buy 544.5 BTC via cross-chain today, worth $42.43 million. Over the past two days, this whale has swapped 60.37 million USDC for 767.8 BTC through THORChain, at an average price of approximately $78,628.