Odaily News, Circle has published a statement on the cirBTC reserve mechanism, stating that each cirBTC is backed 1:1 by one native BTC and can be redeemed for native BTC at a 1:1 ratio. The corresponding BTC is held by Circle-affiliated entities and custodied by Circle National Trust, which is regulated by the Office of the Comptroller of the Currency (OCC). The reserve assets are segregated from Circle's corporate assets and are used solely to protect the interests of cirBTC holders. cirBTC is currently live on Ethereum and will receive native support once the Arc mainnet launches, with future expansion to more blockchains. Circle also provides on-chain reserve verification through a public BTC reserve address and the Chainlink Proof of Reserve mechanism, allowing market participants to compare the scale of reserved BTC against the circulating supply of cirBTC across all supported chains.

Strategy stated that, according to its internal model, Bitcoin's price would need to drop 83% from current levels to $13,136 for STRC to reach a 1x BTC Rating. This metric indicates that the value of the Bitcoin reserve equals the nominal debt and preferred stock claims counted against the security, and is not an external credit rating.

The model shows that the Bitcoin price thresholds for STRF, STRC, STRE, STRK, and STRD are $1,519, $13,136, $14,198, $15,857, and $17,517, respectively, while the threshold for debt under this model is zero. The BTC Rating does not imply that STRC will default, suspend dividends, or trade at a specific price.

As of August 30, Strategy held 845,050 Bitcoin and $6.71 billion in cash assets. On August 31, the company disclosed a repurchase of $152 million in STRC and allocated $30 million to its dollar cash position, bringing that balance to $1.61 billion. Its latest Bitcoin transaction added 4,603 coins for approximately $369.7 million, at an average price of $80,318. (Bitcoin.com News)

Odaily News: On-chain data shows that at 09:09 Beijing time today, the USDC Treasury minted an additional 250 million USDC on the Solana network.

According to Odaily Meme Flash monitoring, the market cap of fone on BSC briefly surpassed $1.04 million before sharply declining, and is now reported at $718,000.

The associated concept for this Meme coin is catonfon. The official tweet was published by the account MemeXBT, with content referencing the comparison narrative between SOL chain's apeonfon and BNB chain's catonfon.

"Meme Flash" is curated by Odaily's exclusive AI model to screen community-discussed potential gems. Content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with Meme coins.

Odaily News: According to data from MSX.COM, US stocks closed with the Dow down 0.51%, the S&P 500 down 0.38%, and the Nasdaq down 0.29%, while the VIX fear index rose 1.47%. AI concept stocks broadly advanced, with Astera Labs up 9.75%, KLA up 7.32%, Marvell up 7.05%, Micron up 6.1%, and CoreWeave up 5.68%.

It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, covering popular US stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily Planet Daily News: According to sources familiar with the negotiations, U.S. negotiators leveraged promises of access to Nvidia (NVDA.O) AI chips to help broker a preliminary peace agreement between Armenia and Azerbaijan last year. One previously unreported detail is that, to encourage Armenia to participate in the talks, the U.S. expanded chip procurement approval authority specifically for its data center projects. This move has become one of the most striking examples to date of what U.S. officials have dubbed "chip diplomacy." Although the Trump administration had previously used AI hardware in negotiations with the UAE and Saudi Arabia, the Armenia agreement marks the first instance in which this administration publicly employed such tactics to facilitate a peace deal. The agreement has further deepened the relationship between the White House and the world's largest chipmaker. (The Wall Street Journal)

Odaily讯 标普道琼斯指数公司宣布调整多项指数成分股，涉及标普 100 指数、标普 500 指数和标普中盘 400 指数，相关调整将于 2026 年 9 月 21 日生效。其中，标普 100 指数新增 Palo Alto Networks、Arista Networks、SanDisk Networks 和 Dell Technologies，Nike、Colgate-Palmolive 以及 Honeywell Aerospace 将被剔除。标普 500 指数方面，Bloom Energy、Illumina 和 Everpure 将纳入指数。标普中盘 400 指数方面，HubSpot、AGNC、Corcept 和 Brinker 将成为新成分股。(金十)

According to GMGN data reported by Odaily, the Meme coin SLINK on Robinhood Chain has generated cumulative fees of 360.45 ETH, approximately $884,200. Its trading volume over the past 24 hours reached $91.33 million, with around 12,900 holder addresses currently.

Odaily News, according to SoSoValue data, yesterday (September 4, Eastern Time) the HYPE spot ETF recorded a total net inflow of $10.5171 million in a single day.

Only the Bitwise Hyperliquid ETF (BHYP) saw net inflows yesterday, with a single-day net inflow of $10.5171 million, bringing its cumulative historical net inflow to $164 million.

As of press time, the total net asset value of the HYPE spot ETF stands at $481 million, with a HYPE net asset ratio of 2.56%, and cumulative historical net inflows reaching $357 million.

Odaily News: According to sources, Anthropic is expected to publicly release its IPO prospectus by the end of September, with the earliest roadshow for the IPO anticipated to begin in mid-October.

Odaily News: According to Onchain Lens monitoring, Wintermute (0xecb...2b00) holds a $99.82 million short position and a $5.12 million long position on Hyperliquid; Galaxy Digital (0xcac...26b3) holds a $26.41 million short position and a $6.21 million long position. Together, they hold a combined $126.23 million in short positions and $11.33 million in long positions. Over the past 30 days, Wintermute has incurred losses of $15.3 million, while Galaxy Digital has lost $5.96 million.

Odaily Planet Daily News According to GMGN data, the market cap of the Meme coin SLINK on the Robinhood Chain briefly plummeted to $1.6 million and is now reported at approximately $1.5 million.

It is understood that the SLINK narrative originates from the Neuralink-backed social experiment ShivoLink. This project connects multiple Neuralink implant recipients to a single X account, allowing them to publish content through a brain-computer interface. Neuralink co-founder Shivon Zilis publicly expressed support for the project, and Elon Musk subsequently responded to related tweets, drawing community attention.

Odaily reminds users that Meme coin prices are highly volatile, and the official relationship between SLINK and the ShivoLink project has not yet been confirmed. Please be mindful of asset safety and participate with caution.

Odaily News – Crypto journalist Eleanor Terrett stated that the National Sheriffs' Association (NSA) has adjusted its position on the CLARITY Act from opposition to neutral, becoming the last major police organization to change its stance among those that previously opposed the bill. Terrett noted that as recently as July 31, the NSA had called the bill "harmful" and strongly criticized the BRCA's provisions protecting non-custodial software developers. This shift likely reflects extensive behind-the-scenes communication between the White House and the organization over the past few months. While the NSA's move to neutral does not constitute formal support for the bill, it is widely seen as clearing yet another hurdle on its path to the Senate procedural vote on September 15.

Terrett added that the National District Attorneys Association and the National Association of Assistant United States Attorneys are still expected to hold their positions, with both demanding a significant narrowing of the BRCA's protections for non-custodial software developers. However, the White House, the Treasury Department, some members of Congress, and the crypto industry are all unwilling to accept such changes. Additionally, Democratic Senator Catherine Cortez Masto, who previously supported the prosecutors' proposed amendments, has not yet publicly changed her stance.

Odaily News According to GMKN data, the market cap of the Meme coin SLINK on the Robinhood Chain has dropped rapidly, falling below $10 million and is currently reported at approximately $6.09 million.

It is understood that the SLINK narrative originates from ShivoLink, a social experiment supported by Neuralink. The project connects multiple Neuralink implant recipients to a single X account, allowing them to publish content through a brain-computer interface. Neuralink co-founder Shivon Zilis has publicly expressed support for the project, and Elon Musk subsequently responded to a related tweet with a “💯”, sparking community attention.

Odaily reminds users that Meme coin prices are highly volatile, and the official relationship between SLINK and the ShivoLink project has not yet been confirmed. Users are advised to pay attention to asset safety and participate with caution.

Odaily News: According to Onchain Lens monitoring, a whale withdrew 62,410 HYPE from Coinbase in the past 4 hours, worth $5.27 million; over the past week, the whale withdrew a total of 110,370 HYPE from Coinbase, worth $9.09 million.

Odaily Planet Daily reported that Ondo Finance announced that starting from September 8, it will cease minting USDY on the Aptos and Noble networks, while USDY on other supported networks will remain unaffected. Since USDY on Osmosis and Mantra is bridged from Noble via IBC, relevant holders will also be impacted. USDY will always maintain full reserve backing. Holders of 1,000 USDY or more can bridge to other supported networks or redeem directly at net asset value on Ondo, with the window period lasting until September 8, 2027.