Odaily News: When a token project fails to deliver tokens as agreed, investors need to review the signed agreements, attachments, amendments, and cover letters to confirm the legal entity bearing the obligation, the number of tokens or calculation method, delivery trigger events, vesting arrangements, and transfer restrictions.
The projected launch date published by the project does not equate to a binding delivery deadline. When tokens have already been distributed to other participants, it is necessary to assess whether the delivery obligation has been triggered based on the agreement's definition of the token generation event, whether the investor has completed the prerequisites, and the project team's actual conduct.
When a project requests an extension of the lock-up period, a reduction in allocation, a token swap, or a change in the responsible entity, investors should verify whether the contract authorization and amendment documents contain waiver of rights clauses. Investors may retain payment records, transaction hashes, wallet addresses, communication records, and project announcements, and review the notification, remediation, negotiation, arbitration, or litigation procedures. (Bitcoin.com News)
1. ETF Store President: SEC Approves First Batch of 3x Leveraged Bitcoin and Ethereum ETFs for Listing and Trading;
2. Trump: Will Distribute $100 Subsidies to Over 20 Million Seniors; Republicans Plan $5,000 "Trump Dividend" If They Win Midterm Elections;
3. US Media: Trump's Core Cabinet Members Hold Hours-Long Secret Meeting at Camp David to Discuss Next Steps on Iran and Houthi Conflict;
4. Nevada Opposes Kalshi's Request to Delay Ninth Circuit Court of Appeals Proceedings;
5. Bitwise Says CLARITY Act Stalling Benefits Four Categories of Crypto Businesses;
6. Aave Labs Clarifies Proposed Foundation Will Have No Discretionary Power Over Protocol Decisions;
7. Genius Season 2 Ends: 173 Million GP Distributed, GENIUS Corresponding to Fee Refund Applications Will Be Permanently Burned;
8. $581 Million Liquidated Across the Network in the Past 24 Hours, $328 Million in Long Positions Liquidated;
9. 8 Million ZRO Transferred to Coinbase Prime; Two Addresses Received 40.57 Million ZRO a Year Ago;
10. Cathie Wood: AI Inference Costs Dropping 99.99% Annually May Usher in a "Benign Deflation" Era;
11. $1.36 Million in Profit: PUMP Institutional Private Sale Address Sells 1 Billion PUMP.
Odaily News: CME Group has decided to shelve its plan to launch round-the-clock crude oil futures trading after facing opposition from industry participants. Market participants are concerned that insufficient weekend liquidity could distort WTI crude oil pricing, while continuous trading would increase pressures related to weekend staffing, commercial hedging, and off-hours margin calls.
CME CEO Terry Duffy stated that after extensive communication with market participants, it was found that core participants generally have concerns about this matter. Introducing round-the-clock energy trading without thorough due diligence could lead to unforeseen consequences and increase market risk. (Bloomberg)
According to Odaily Meme Express monitoring, the market cap of 제로 on BSC has surpassed $3.39 million.
Some users on X have noted that 제로 is the first Korean-language coin on BSC, and its upright black cat image corresponds to Zero, a member of the Korean virtual boy group WE GO-6; the group was created by 23세기아이들 and combines animal imagery with real-time motion capture performances. Some users on X also claim that its LP is SK Hynix.
Multiple users on X have tied its narrative to Korea Blockchain Week and CZ's participation in events in South Korea, calling it a Korea-themed asset that emerged alongside the event.
"Meme Express" is curated exclusively by Odaily's AI model to screen potential community-hyped assets. The content is compiled based on public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks of meme coins.
Odaily News: Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate declined to advance the CLARITY Act on September 15, stablecoin platforms retain room to offer balance rewards to customers, and exchanges such as Coinbase also continue to maintain existing state-level licenses and advantages in integrating trading and brokerage operations.
The U.S. Securities and Exchange Commission (SEC) issued a five-year exemption for tokenized stock trading on September 17, allowing qualifying platforms to adopt permissioned automated market makers and liquidity pools for testing. Hougan listed Securitize, which provides services for BlackRock, Apollo, and KKR tokenized funds, as a beneficiary.
SEC staff updated token buyback guidance on September 28, stating that for networks that are already functional and have no centralized party, buyback announcements do not constitute a promise on which purchasers rely for expected profits; the guidance does not have legal effect. (Bitcoin.com News)
Odaily News: Nevada has opposed Kalshi's request to delay proceedings in the U.S. Court of Appeals for the Ninth Circuit while awaiting rulemaking by the U.S. Commodity Futures Trading Commission. The state argued that the court's earlier finding that the contracts at issue are not swaps was based on the text, context, and legislative purpose of the Commodity Exchange Act, and that CFTC rulemaking would not change that conclusion. Nevada also stated that the request is intended to prolong what it describes as Kalshi's illegal operations.
Odaily News: According to three US officials who spoke to Axios, several core cabinet members of US President Donald Trump held closed-door talks for several hours at Camp David on Friday to discuss the next steps in the Iran war and the conflict between Saudi Arabia and the Yemeni Houthis. The Trump administration did not publicly announce the meeting, and such meetings are extremely rare. The last similar meeting was held in June 2025, just days before Israel went to war with Iran. Officials said the meeting was chaired by Vice President Vance. Other attendees included Secretary of State Rubio, Secretary of Defense Hegseth, White House envoy Witkoff, CIA Director Ratcliffe, and Chairman of the Joint Chiefs of Staff General Caine. Speaking about the Middle East crisis, one official said: "Some things have been decided, or at least discussed in depth." The White House declined to comment. In addition, on Friday afternoon, while advisers were meeting at Camp David, reporters asked Trump how he would respond to Iran next. Trump replied: "If I told you, you'd have a big news story. But you'll just have to wait and see. Things are going very well. Iran is not in a good position." (Jinshi)
Odaily News: U.S. President Donald Trump stated that reports regarding the Federal Reserve building renovation project are "lies." Trump also said that Federal Reserve Chairman Kevin Warsh has announced that an in-depth independent audit will be launched into the Federal Reserve building renovation project.
According to Odaily, U.S. President Trump posted on Truth Social that his administration will immediately begin distributing $100 subsidies to over 20 million seniors to help pay for Medicare Part B premiums.
Trump also stated that if Republicans win the midterm elections, a $5,000 "Trump Dividend" will be issued to every American citizen.
According to Odaily Meme Express monitoring, the market cap of 제로 on BSC has surpassed $1.1 million.
A source stated that 제로 corresponds to a cat character; this character belongs to the virtual K-pop group WE GO-6 and is the most popular character in the group. The source also said that the group has gained popularity in South Korea, will officially debut in October, and its prologue single has already become a hit.
Multiple users on X stated that 제로's Korean characters are combined with Korea Crypto Week events, Korean-themed memes, and K-pop popularity; another source stated that this character has received 280 million views in South Korea.
"Meme Express" is exclusively curated by Odaily's AI model to screen potential community-hyped targets. The content is compiled based on public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks of meme coins.
Odaily News: Genius has announced the official end of Season 2, with 173 million GP distributed this season, against an originally planned total of 200 million GP. Genius has also introduced a full fee refund mechanism, with the refund window opening on October 6 at 11:00 ET and lasting until October 11 at 11:00 ET. Users who choose to request a refund can receive a 100% refund of the fees paid to Genius during Season 2, but will forfeit the GP earned this season, and the corresponding repurchased GENIUS will be permanently burned.
Users who do not opt for a refund can, starting October 12, choose in a second 5-day window to unlock their allocation immediately with an 85% deduction, or lock for 24 months and receive 100% of the airdrop allocation.
The 173 million GP distributed this season corresponds to a potential claimable allocation of up to 6.055% of the total GENIUS supply, with the remaining 0.945% to be automatically burned, and the GENIUS corresponding to refunds will also be permanently burned.
According to Lookonchain monitoring, a PUMP drop 8 hours ago led to the liquidation of 2 traders holding a combined 707.6 million PUMP, worth $3.61 million.
Odaily reports: According to monitoring by on-chain analyst Ember, the largest short seller who opened a short position one day before Changxin Storage (Changxin Storage) went public has fully closed the position 10 hours ago. The address shorted at a price of $6.5 and closed the position at $8.5 after holding for 2 months, with a cumulative loss of $10.98 million, of which $5.18 million was lost to funding fees and $5.8 million was lost to price changes.
Odaily News: Aave Labs previously disclosed that it has submitted an ARFC proposal on the governance forum, proposing the establishment of a memberless foundation, the Aave Foundation, in the Cayman Islands. In response to community questions, it addressed the issues through an FAQ, stating that all matters, including protocol framework amendments, are still decided by the decentralized autonomous organization (DAO) through existing processes. The Aave Foundation holds asset ownership but has no discretion over protocol decisions. The protocol itself continues to be managed by the DAO through token holders, with no shareholders positioned above the Aave ecosystem. The same restrictions apply to all service providers engaged by the DAO, including matters such as inventories, parameters, budgets, vendor partnerships, and framework amendments.
In addition, the DAO can replace directors at any time through an AIP, or direct the Foundation to dissolve and determine the use of its remaining assets, including transferring them to a successor entity, all subject to the directors' fiduciary and statutory duties as well as applicable laws.
Odaily News: Nate Geraci, President of ETF Store, stated that the U.S. SEC has approved the first batch of 3x leveraged Bitcoin and Ethereum ETFs for listing and trading. Recent SEC filings show that the related products include ETFs seeking to achieve 3x the daily performance of Bitcoin or Ethereum.
Geraci noted that less than three years ago, the SEC's lawsuit with Grayscale over a standard spot Bitcoin ETF had not yet concluded, and now the regulatory environment has changed significantly.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the PUMP institutional private sale address (E3M...9Cs) participated in the PUMP private sale in July last year with $4 million, receiving 1 billion PUMP at a private sale price of $0.004. Five hours ago, this address transferred all PUMP to Coinbase Prime, worth $5.36 million at the time, with a price of $0.0054; by selling the private sale PUMP, it profited $1.36 million, a return rate of 34%.
