Odaily reports that Zach Pandl, Head of Research at Grayscale, stated in a post that driven by ZEC's price performance, Zcash mining revenue continues to increase. Data shows that the Bitcoin network's total daily miner rewards are approximately $35 million, while Zcash's are about $2 million. However, the daily revenue per mining rig is roughly 2x that of Bitcoin, and revenue per megawatt-hour is about 4x that of Bitcoin—even higher than some AI and high-performance computing cloud services. High yields are driving growth in Zcash mining activity, with its network hashrate having grown over 2.5x this year.

Odaily reports, according to GMGN data, the Robinhood Chain ecosystem memecoin INDEX briefly surged past $48 million, now at $44.07 million, with a 25.64% gain over 24H.

Earlier reports indicated that, according to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.

Odaily reminds users that memecoins are highly volatile, and investors should participate with caution.

According to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.

Odaily News: As Bitcoin and Ethereum prices rose, Machi Big Brother Huang Licheng's three long positions all turned from losses to profits, with an overall position ROI of 110%. Among them, the 25x leveraged Ethereum long position is worth over $90 million, with a floating profit of $5.032 million; the 40x leveraged Bitcoin long position is worth over $41.35 million, with a floating profit of $650,000; the 10x leveraged HYPE long position is worth over $5.633 million, with a floating profit of $122,000.

Odaily reports, according to Coinglass data, as ETH broke through $2,600, Ethereum liquidations in the past hour reached $112 million, while Bitcoin liquidations amounted to $27.71 million. In addition, total liquidations across the network in the past hour reached $166 million, with long positions liquidated at $20.4 million and short positions liquidated at $146 million.

Odaily News: Institutional crypto asset custodian Zodia Custody has announced that CEO Julian Sawyer is stepping down from his role as CEO and transitioning to strategic advisor. Sawyer stated that with Standard Chartered planning to acquire Zodia's custody business and establish Zodia Solutions, this is an appropriate time for a handover of day-to-day management.

Zodia Custody Chief Revenue Officer Richard Clark will oversee the business transition to Standard Chartered and take over the custody business; current executives Craig Perrin and Anoosh Arevshatian will be responsible for building Zodia Solutions. The previous plan had Sawyer serving as CEO of Zodia Solutions, marking an adjustment from the arrangement announced in May.

Zodia Custody stated that the transaction remains subject to regulatory approval and customary closing conditions. Headquartered in London, the company provides digital asset custody, wallet infrastructure, staking, and over-the-counter settlement services to financial institutions and asset management firms. (CoinDesk)

Odaily News: Circle has announced it will stop supporting USDC and CCTP V1 on the Noble blockchain, and Noble will not integrate CCTP V2. Starting October 13, 2026, Circle Mint will cease minting new USDC on Noble, while redemptions will remain open until January 12, 2027. After that, the USDC contract and CCTP routing on Noble will be fully suspended.

Circle advises users to migrate their USDC on Noble to other supported networks before the deadline. A snapshot of remaining balances will be taken at the time of suspension, and a manual redemption process will be initiated on January 13, 2027.

Odaily News: U.S. Senator Kirsten Gillibrand stated on August 23 that Congress should prohibit the President, the President's spouse, and senior officials from issuing, sponsoring, or profiting from cryptocurrencies during their tenure, and should incorporate this ethics prohibition into the digital asset market structure bill. Surveys show that 63% of respondents believe it is improper for Trump and his family to profit through cryptocurrencies. Trump disclosed in his annual filing that his crypto-related income in 2025 exceeded $1.4 billion. The related controversy extends to the Senate's Digital Asset Market Clarity Act, which will undergo its first Senate procedural vote on September 15. Kirsten Gillibrand stated that she will not vote to allow the President to profit from public office with taxpayer support.

Odaily News: Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share that unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock fell 8.9%, while the S&P 500 rose 2.7%.

Meanwhile, SpaceX's stock has risen 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also related to its recent earnings and product launches, neither of which has demonstrated that the company's pivot toward physical AI products can succeed. Lale Akoner, global market strategist at eToro, said: "Investors see SpaceX as a purer growth story, while viewing Tesla as a riskier turnaround bet." Dave Mazza, CEO of Roundhill Financial, said: "SpaceX now has to prove that its $100 billion annualized revenue scale can be achieved, while Tesla has to prove that it is more than just the 'Musk concept stock' people held before SpaceX went public."

Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones Industrial Average rose 0.96%, the S&P 500 Index rose 0.85%, the Nasdaq rose 0.81%, and the VIX fear index fell 1.64%. AI-related stocks rose broadly, with Oracle up 7.62%, Dell up 3.45%, CoreWeave up 2.93%, Teradyne up 2.85%, and Arista Networks up 2.53%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stock and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest data from Gate, the price of gold rose to $4,388.14 per ounce, with an intraday gain of 1.57%. The price of silver rose to $64.906 per ounce, with an intraday gain of 2.91%.

In the forex market, the U.S. dollar fell 0.1% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.7071. The U.S. dollar fell 0.63% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 153.439.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.64% intraday, to 6,329.32 points; the UK FTSE 100 Index (UK100) rose 1.03% intraday, to 10,698 points; the German DAX 40 Index (GER40) rose 0.87% intraday, to 25,552.2 points.

In commodities, WTI crude oil fell 5.32% intraday, to $98.96 per barrel. Brent crude oil fell 4.88% intraday, to $104.95 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, enabling deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the diversified asset allocation experience.

Odaily reports that Wang Chun posted on X platform stating that Oleksii Trofimchuk filed a lawsuit against Lido Finance and Stakefish on September 8 in the Santa Clara County Superior Court, alleging that after his wallet was compromised, competitive MEV bots claimed ETH by submitting high-priority-fee transactions.

Wang Chun stated that as a validator, Stakefish merely packages legitimate transactions according to Ethereum protocol rules, and cannot and should not adjudicate off-chain ownership or competing asset claims. He warned that requiring protocol-compliant validators to claw back rewards based on off-chain claims would force validators to filter transactions based on ownership claims they cannot independently verify, exposing staking rewards to legal uncertainty and undermining Ethereum's decentralization and credible neutrality.

Odaily report: According to on-chain analyst Ember, a trader dumped LAPTOP at $0.6 last night, having invested $249,000 and recovered only $15,000 after selling, resulting in an actual loss of $234,000, a 94% loss. Ember stated that this trader became the biggest "victim" harvested by Biden's son. The trader bought in at $217.5 when LAPTOP launched the night before last, and within hours the price dropped from triple digits to single digits; in the early hours of yesterday, the trader added to the position at $2, but the price continued to fall, ultimately selling at $0.6 last night.