Odaily News: Loracle sold $8.68 million worth of HYPE spot, incurring a loss of $566,500. This address has accumulated losses of $16.57 million over the past 30 days, with total historical losses reaching $28.64 million.

Odaily reports: Crypto brokerage platform Cascade (formerly Perennial) announced on X that it is officially ceasing operations after approximately 5 years.

Cascade stated that this was a difficult decision. Users can claim remaining funds from Cascade CLS and their trading accounts through the officially designated page, and users are reminded to only use the official claim portal.

Previously in July, the Cascade CLS vault was suspected to have suffered a security exploit, resulting in approximately $1.3 million in user fund losses.

Odaily reports that Strategy has released the latest edition of its "Bitcoin Investor Guide," in which the report notes that as institutional access and market infrastructure gradually mature, Bitcoin is evolving from an early speculative asset into a foundational asset of digital capital markets. Its long-term value is built on scarcity, open access, global liquidity, and independent verification, and it may absorb some of the monetary premium currently attached to gold, real estate, equities, bonds, and art.

As of September 4, BTC was priced at approximately $79,809, about 23.3% above its 200-week moving average of $64,715; its return over the past year was approximately -28.3%, with a 10-year annualized return of about 62.8%. During the same period, Bitcoin's 30-day average trading volume was approximately $28.3 billion, open interest stood at roughly $96 billion, U.S. spot Bitcoin ETFs collectively held about 1.27 million BTC, and total network hashrate was approximately 935 EH/s.

On the risk side, Strategy cautions that Bitcoin remains a highly volatile asset and carries no principal repayment guarantee; different holding methods such as self-custody, third-party custody, ETPs, and derivatives each carry operational, legal, and counterparty risks. Strategy also discloses that the company itself holds a large amount of Bitcoin and has a financial interest tied to BTC's price.

Odaily reports: Pump.fun announced two major changes on X, introducing the Holder Rewards model and discontinuing the Cashback model. With tokens that adopt the Holder Rewards model, users simply need to hold the token to receive rewards. The longer the holding period, the higher the reward cap. Going forward, when creators issue new tokens, they can choose either the standard Creator Fee model or the Holder Rewards model; existing Cashback and Creator Fee tokens can also apply to switch to Holder Rewards, but the switch cannot be reversed once made.

Under the Holder Rewards model, the relevant fees will go into the Pump.fun distribution wallet and be automatically distributed to holders multiple times per hour in proportion to their holdings. Users with holdings valued at over $20 are eligible to receive rewards. Rewards are distributed in the quote asset of the trading pair—for example, tokens paired with SOL will distribute rewards in SOL.

Odaily reports: OpenAI CEO Sam Altman has stated that OpenAI will not hold an IPO this year, and its listing plans will be postponed to at least 2027. Altman said that given the current situation in the field of AI safety, now is not the right time to go public, and the company is currently under no pressure to do so.

Altman stated that OpenAI still needs to focus on addressing issues such as AI safety and alignment, and to explore ways of cooperation between the industry and government. Previously, Anthropic CEO Dario Amodei publicly called for slowing down the AI race, and both Altman and Elon Musk subsequently expressed agreement. (CoinDesk)

Odaily News: According to GMGN data, the Solana on-chain Meme coin baton briefly broke through $18 million in market cap in the early hours, hitting an all-time high, with a 24-hour gain of 86.8%, and is currently at $12.3 million.

It is reported that BATON is a community Meme coin derived from the history of Baton Corporation, the company behind Pump.fun, and its early project Baton Finance, with the paired token being the pump.fun platform token PUMP. The token merely borrows the related narrative and has no official connection to Pump.fun.

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

Odaily reports, according to GMGN data, the market cap of the meme coin "Lobster" briefly surpassed $170 million in the early hours of today, reaching an all-time high. It currently stands at $154 million, with a 24H increase of over 117%.

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

According to HyperliquidNews monitoring, among the top 12 wallets by Hyperliquid priority fees paid, 4 other wallets are associated with the top-paying wallet. The main wallet paid 10,100 HYPE, worth $806,000.

Odaily News: Crypto asset management firm Grayscale estimates that Zcash mining rigs generate daily mining rewards roughly 2x those of Bitcoin mining rigs, and about 4x on a per-unit-of-electricity basis. Zcash mining activity has grown to more than 2.5x its level at the start of the year.

Zach Pandl, head of research at Grayscale, said that at current valuations, Zcash mining profitability is relatively high, as token price gains have driven up mining rewards and encouraged more hash rate to join. Grayscale believes that more hash rate can support network security.

The comparison uses the Bitmain S23 Hydro and Bitmain Z15 Pro as samples, assuming an electricity price of $0.05 per kilowatt-hour, full-load operation, and excluding transaction fees. Pool fees, cooling, other operating expenses, and equipment costs are not included in the calculation, and actual profitability is still affected by these factors.

Bitcoin miners' total daily rewards are about $35 million, higher than Zcash's roughly $2 million. Grayscale's Zcash investment product assets under management surpassed $500 million on September 8 and recorded more than $70 million in cumulative external inflows. (Bitcoin.com News)

Odaily reports that over the past 30 days, tokenized stock trading volume on the Base chain reached $730.9 million, of which Aerodrome contributed $557.1 million, accounting for 76%; Uniswap v4 trading volume was $139.3 million.

Odaily News: Polymarket data shows that traders estimate the probability of Bitcoin reaching $80,000 in September at 64%, and the probability of falling to $75,000 at 68.5%. With 18 days remaining until September 30 at 11:59 PM ET, market pricing indicates a higher probability of the downside scenario.

The market stipulates that if any 1-minute candle on Binance BTC/USDT reaches or exceeds $80,000 before September 30, it will be resolved as "Yes." The market was created on September 7, and prices before creation do not count; Bitcoin previously reached $81,265 and $80,329 on September 4 and September 7, respectively.

Polymarket data shows that total trading volume for September price events is $5.17 million, with liquidity of approximately $1.46 million; Bitcoin's intraday high touched $79,505, just $495 away from the trigger condition. The probabilities for $90,000 and $100,000 are 8.5% and 1.75%, respectively, while the probabilities for $72,500 and $70,000 are 40.5% and 22.5%, respectively. (Bitcoin.com News)

Odaily News: Coinbase currently stakes approximately 24 million SOL, valued at approximately $2.45 billion at a price of $101 to $102. The Solana Foundation's staking withdrawal authority holds approximately 23.7141 million SOL, valued at approximately $2.42 billion, and this authority can control funds spread across hundreds of staking accounts.

Binance BNSOL Pool holds approximately 10.3905 million SOL, valued at over $1 billion; Jito staking pool holds approximately 10.2725 million SOL, valued at approximately $1.05 billion. After users deposit SOL, they can respectively receive BNSOL or JitoSOL liquid staking tokens.

Four unidentified addresses collectively control over 20.6 million staked SOL, valued at approximately $2.1 billion. One of the addresses holds 5.6175 million SOL, while the other three addresses respectively hold 5.0034 million, 5.0024 million, and 5.0024 million SOL. (Bitcoin.com News)

Odaily News: Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated that corporate treasuries represent a significant growth opportunity for RLUSD. After Ripple acquired treasury management software provider GTreasury for $1 billion last year, its Ripple Treasury now serves approximately 1,200 corporate treasurers and CFO clients, who collectively process around $13 trillion in transactions annually. RLUSD's circulating supply grew by over 50% in the past month, with approximately $1 billion on the XRP Ledger and $1.4 billion on Ethereum; its daily active volume has more than tripled since the start of the year, rising from about $200 million last month to approximately $750 million. Payments and capital markets are currently the two primary application areas, and Ripple has partnered with institutions such as Franklin Templeton and DBS on tokenized money market funds and lending.

Odaily: Bitcoin News posted on X that Patrick Witt, Executive Director of the U.S. President's Council of Advisors on Digital Assets, appears to be sending a positive signal ahead of the Senate's upcoming vote on the CLARITY Act, saying that "today is not a good day for CLARITY Act skeptics." However, Polymarket shows only a 20% chance the bill passes in 2026.

Odaily Reports: Bitcoin News posted on X platform that Electrum has released version 4.8.2, introducing multiple security fixes and strengthening the security of its Bitcoin wallet codebase. The fixes are based on reports from researchers including Bitcoin Red Team, Calle, l0rinc, haoxucu, and m0wer. This version fixes a critical backup issue affecting certain Lightning wallets that use non-deterministic keys and anchor channels. Previously, affected wallets' channel backups and full wallet backups may have been missing the keys required to move funds on-chain after requesting a remote force close. Affected users will receive a warning when starting Electrum and should export new backups, as old backups cannot correctly recover funds in this scenario. This version also strengthens Lightning HTLC verification, rejects previously accepted malformed xpub/xprv keys, expands codebase security hardening, and prevents the Android QR code scanner from reading screenshots. This is Electrum's third security-focused release since July, following versions 4.8.0 and 4.8.1.

Odaily reports that North Korea is using remote IT workers from third countries such as Iran and Lebanon to infiltrate US companies in order to obtain funding to support its weapons programs. After the relevant individuals pass interviews, their positions are usually taken over by North Korean personnel.

The US government and multiple foreign agencies issued warnings in July stating that North Korean IT workers seek contracts and send salaries back to their affiliated North Korean organizations, while also posing insider threats to companies, involving data leaks, cryptocurrency theft, and the theft of sensitive information.

Some third-country IT workers are recruited through LinkedIn, and some of them work part-time as "interview facilitators," earning $500 in cryptocurrency per month.

Data from cybersecurity company CrowdStrike shows that in 2025, cryptocurrency losses caused by North Korea state-linked hackers and threat actors exceeded $2 billion, an increase of 51% year over year. South Korea's central bank estimates that North Korea's GDP grew 3.5% in 2025. (Cointelegraph)