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.
Odaily News Trader BonkGuy (Unipcs) shared his recent trading performance and strategy in a post on X, noting that his portfolio value once reached $20 million. Among his positions, PONS surged 11,108% from his average entry price, yielding a floating profit of approximately $7.5 million. Additionally, he recorded gains of 1,111%, 894%, 405%, 356%, and 108% on MICRODUCK, DELTA, MARSCOIN, USELESS, and BASECAT, respectively.
BonkGuy summarized his trading strategy into five key points: First, anticipate shifts in market narratives and attention early, identifying the biggest beneficiaries likely to absorb capital and interest in the next phase, rather than chasing assets that have already rallied. Second, diversify trading logic rather than conviction—based on the same trend thesis, seek out the most likely beneficiaries across different ecosystems. Third, build a high-quality on-chain trading information network, continuously sourcing information, exchanging views, and validating trading logic through trading groups, X, friends, and other traders. Fourth, accept the time and energy costs associated with opportunities, as he believes the window of opportunity during the current bull market's high-explosive phase is limited. Fifth, reduce personal emotions and biases in trading, avoiding the active exclusion of potential opportunities due to personal opinions about a particular chain, platform, founder, or ecosystem. He concluded, "The market doesn't care what you believe; it rewards correct judgment."
Odaily News: According to Onchain Lens monitoring, Morgan Stanley's MSBT Bitcoin ETF has accumulated another 94.56 BTC, withdrawn from Coinbase Prime, worth approximately $7.54 million. Over the past 4 days, the ETF has received 355.33 BTC, worth approximately $28.3 million.
According to Odaily Meme Flash monitoring, ZZZ's market cap on Robinhood briefly surpassed $1.3 million.
The narrative stems from an independent researcher's discovery of a Wikipedia editing swarm phenomenon. Agents, in order to bury edits at the bottom of the page, added ZZZ as a prefix to the content.
"Meme Flash" is curated by Odaily's proprietary AI model, which screens community hot topics with potential. This 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 three sources familiar with the matter, the White House has reviewed potential candidates for four vacant commissioner seats at the CFTC, though it remains uncertain when or whether formal nominations will be made. Currently, the CFTC has only one commissioner, Chairman Michael Selig, whereas the agency is typically composed of five bipartisan commissioners.
The vacant commissioner seats have become a point of contention in CLARITY Act negotiations. Democratic lawmakers argue that at a time when the bill seeks to expand and delineate the regulatory authority of the SEC and CFTC over digital assets, both agencies are facing significant vacancies. The Senate is expected to hold a key procedural vote on the CLARITY Act on September 15. Sources familiar with the matter stated that a White House commitment to fill CFTC vacancies could serve as one of the conditions to secure Democratic support. Even if the bill advances in the Senate, due to the fall congressional session and midterm election schedule, the legislation could still be delayed until the lame-duck session following the November elections.
According to Odaily, data from GMKN shows that the market cap of the Meme coin SLINK on the Robinhood Chain briefly reached $70 million before rapidly declining, and is now reporting around $16 million.
It is understood that the SLINK narrative originates from the Neuralink-backed social experiment ShivoLink. The project connects multiple Neuralink implant recipients to the same X account, enabling 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 with "💯", 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. Users are advised to safeguard their assets and participate with caution.
Odaily星球日报讯 Coinflip 及其 CEO Benjamin Weiss 被华盛顿州金融机构部（DFI）指控违反《统一货币服务法》。DFI 寻求吊销 Coinflip 货币传输牌照，禁止公司及相关负责人继续从业，并处 102.96 万美元罚款。
DFI 称，2025 年检查发现 Coinflip 存在反洗钱控制不足、交易监测不充分、未执行交易限额、监管报告不准确及费用披露不清等问题。该机构还指控 Coinflip 未按要求及时退还至少 15 名客户的款项。
拟议命令要求 Coinflip 向符合条件的华盛顿州客户退款，60 岁及以上客户可获退交易费和加价费用。Coinflip 及 Benjamin Weiss 可申请行政听证，对指控、退款要求、牌照吊销、罚款及行业禁入提出异议。（Bitcoin.com News）
According to Odaily Meme Express monitoring, CHROME's market cap on Robinhood has surpassed $1.47 million.
It is reported that Chrome has been packaged as a trend-driven identity and community symbol centered around the Chrome Hearts aesthetic. Some say their wallets are made of chrome, while others proclaim that "owning Chrome makes you the King of the Dome," and have proposed forming a "Chrome clan." Additionally, the Chrome narrative has extended to imaginative merchandise concepts such as outfitting cats in Chrome gear, purchasing Chrome T-shirts, and leather pants.
"Meme Express" is curated by Odaily's exclusive AI model, selecting community-hyped potential assets. This 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.
According to Odaily Meme Flash monitoring, SLINK's market cap surged rapidly shortly after its launch on Robinhood, then fell sharply, and has now retreated to around $22 million, with a 24-hour gain of over 990x.
It is reported that Elon Musk's girlfriend Shivon Zilis retweeted a post related to the Shivolink project and publicly expressed her support. Shivolink stated that the project was initiated by a team that previously interned at Neuralink. They invited 5 Neuralink patients to jointly control a public X account to demonstrate the practical application of brain-computer interfaces, while also issuing a token, with plans to use the fees generated by the token to support related research.
"Meme Flash" is curated by Odaily's exclusive AI model, which screens potential trending tokens discussed by the community. The 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 tokens.
Odaily News: BitcoinTreasuries.NET posted on X that BitFuFu, a Singapore-listed Bitcoin mining company, added 59 BTC to its holdings. It now holds 1,373 BTC, ranking 39th in the Bitcoin 100.
Odaily Planet Daily News: The G7 cybersecurity working group stated in its latest report that quantum computing poses both a security threat and an economic threat to public and private institutions, and related organizations should immediately begin migrating to post-quantum cryptography (PQC).
The working group noted that the migration process could take several years, as attackers can already collect and store encrypted data today and decrypt it once sufficiently powerful quantum computers emerge. Quantum computing could also break digital signatures, leading to identity theft and exposing companies and their supply chains.
The report did not mention cryptocurrencies, but similar public-key cryptography is used for blockchain wallets and transaction authorization. Current quantum computers are not yet capable of breaking Bitcoin's cryptography, but developers are considering post-quantum solutions such as BIP-360.
Ethereum researchers plan to replace multiple cryptographic components used by accounts, validators, and applications. The Solana Foundation has tested post-quantum signatures on its testnet and launched an optional hash-based vault. The G7 working group also urged governments to support related research, public-private cooperation, and national PQC strategies. (Decrypt)
Odaily News – U.S. President Trump stated that his administration is pushing the decentralized perpetual contract trading platform Hyperliquid to enter the U.S. market in a "fully compliant and legal manner." Last month, Trump said the U.S. Commodity Futures Trading Commission (CFTC) would work to facilitate Hyperliquid's entry into the U.S. market. Subsequently, Payward, the parent company of Kraken, announced it is cooperating with the CFTC to offer registered U.S. users certain crypto perpetual contract products related to Hyperliquid's market and its underlying Layer 1 blockchain through the CFTC-regulated platform Bitnomial.
Nansen research analyst Nicolai Sondergaard believes this arrangement could allow Hyperliquid to provide some of its underlying technology, liquidity, or market design without directly opening its existing platform to U.S. users—essentially building a standalone U.S. market product around Hyperliquid's infrastructure. He noted that U.S. users may have access to fewer markets, lower leverage, and more conservative risk controls. At the same time, he opposes comprehensive KYC implementation, arguing that a one-size-fits-all KYC approach would undermine legitimate users' privacy and permissionless access rights, and would push liquidity toward offshore markets.
Odaily News - Prediction market platform Polymarket launched its perpetual contract product, Polymarket Perps, on September 3. The initial offering covers 10 contracts including Bitcoin, Ethereum, Solana, HYPE, Gold, Silver, WTI Crude Oil, S&P 500, Nasdaq 100, and a contract tracking SpaceX stock, expanding to 67 markets within hours.
The product has no expiration date, with contract prices continuously tracking the underlying assets. It maintains anchoring to spot prices through funding rates settled hourly, with funding rate caps at 4% per hour in both directions. Cryptocurrencies, the S&P 500, crude oil, gold, and silver support up to 20x leverage, while individual stocks and other real-world assets support up to 10x.
U.S. traders are unable to place Perps orders and will be directed to Polymarket US, which is regulated by the Commodity Futures Trading Commission (CFTC). This arrangement stems from Polymarket's 2022 settlement with the CFTC, in which the company was fined $1.4 million for operating an unregistered swap execution facility and was required to cease related non-compliant contracts. (Decrypt)
Odaily News – Coinbase Derivatives and Coinbase Financial Markets, subsidiaries of cryptocurrency exchange Coinbase, respectively submitted Form 1-N and Form BD-N to the U.S. Securities and Exchange Commission (SEC) on September 1, with plans to launch single-stock perpetual contracts in the United States.
Coinbase Chief Policy Officer Faryar Shirzad stated that the relevant products still require approval from the U.S. Commodity Futures Trading Commission (CFTC) in the next step. The two filings pertain to registration as a security futures exchange and a limited-purpose security futures broker, respectively.
Since March 20, Coinbase has offered non-U.S. users 10x perpetual contracts on stocks such as Apple, Nvidia, and Tesla, settled in USDC and supporting 24-hour round-the-clock trading. U.S. users were previously explicitly excluded from this product. (Bitcoin.com News)
Odaily News: Mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgage records to Injective, a Layer 1 blockchain focused on financial applications. The company plans to eventually migrate more than 29,000 issued mortgages totaling over $10 billion on-chain, with each loan corresponding to an on-chain record, without repackaging them into new mortgage-backed securities.
These records contain more than 500 data points, including loan-level information, used to support verification, audit trails, and risk analysis. According to Pineapple Financial's dashboard, the current migration count stands at 2,079 records, up from 1,259 when the project launched in December 2025; the PAPL0 asset has a market value of approximately $1.1 billion, with tokens representing mortgage records rather than ownership of the underlying loans.
Pineapple Financial's partnership with Injective also includes a $100 million Injective (INJ) digital asset treasury. Pineapple Financial stakes INJ from this treasury, with Kraken serving as the primary validator for the related holdings. (Cointelegraph)
Odaily News: Bitwise CEO stated on platform X that GPUs are one of the most important commodities of the digital age. USD AI has created GPU asset-backed lending to serve mid-sized borrowers who were previously underserved, and has tokenized the related credit. Real-world credit is gradually moving on-chain, and Bitwise will provide access through PAPY.
