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.
Odaily News: BitcoinTreasuries.NET reports that SATA has completed the purchase of 200 BTC today, with two hours remaining until market close; the funds raised this week are sufficient to support the acquisition of over 1,000 BTC.
Odaily News: Blockchain-native fintech startup OpenReserve received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) on September 2 to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than five months, with OpenReserve submitting its application on April 13.
OpenReserve must raise at least $210 million in initial paid-in capital within 12 months and maintain a minimum Tier 1 leverage ratio of 12% for three years after opening. It must also commence operations within 18 months, or the approval will lapse. The relevant deadlines are September 2027 and March 2028, respectively.
OpenReserve plans to offer tokenized deposits, treasury management, foreign correspondent banking, and Banking-as-a-Service for institutional clients. The full-service national bank charter, upon final approval, would allow it to accept deposits and conduct lending activities.
OpenReserve previously completed a $25 million seed funding round led by a16z crypto, with participation from Coinbase Ventures, Jump Capital, and Wintermute Ventures, among others. The company plans to establish a wholly-owned subsidiary to issue and redeem dollar-denominated, reserve-backed stablecoins, but that subsidiary has not yet filed an application with the OCC. (Decrypt)
Odaily News: According to Onchain Lens monitoring, BitMine transferred 25,000 ETH, worth approximately $61.51 million, to a new wallet (0x0BeF...6853) just a few minutes ago.
Odaily News: Bitcoin News posted on the X platform that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains tax on small digital asset purchases could increase U.S. federal revenue by about $859 million over the next 10 years. The S. 2207 bill proposed by Senator Cynthia Lummis would exempt qualifying purchases under $300 from capital gains recognition, with an annual cap of $5,000 on exempted capital gains. According to the study, under core assumptions, every $100 in qualifying benchmark payments would generate $3.18 in net federal revenue.
Odaily Planet Daily News: AI infrastructure startup Gimlet Labs has completed a $300 million funding round, raising its valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, Microsoft's venture capital fund.
Gimlet Labs primarily helps customers allocate AI tasks across different types of chips and is working with Arm to make its software compatible with Arm's various chip technologies. (Bloomberg)
Odaily News: predict.fun announced on the X platform that it has launched a new market themed around the fully diluted valuation (FDV) that MEME will reach before November 2026.
Odaily News, according to GMGN data, the market cap of BSC Meme coin Stonks briefly surged past $13 million, reaching a new all-time high, and is currently reported at $12.91 million.
It is reported that Stonks' narrative originates from the "BNB Stonks Szn" campaign launched by BNB Chain. The promotional poster spells the conventional term "Stocks" as "Stonks," the latter being a common meme-ified expression within the crypto community.
Odaily reminds users that Meme coin prices are highly volatile, largely driven by market sentiment and concept speculation, and lack actual value or use cases. Investors should be mindful of the risks.
Odaily News, according to GMGN data, after reaching a market cap high of $151 million, the Robinhood Meme coin MEME's market cap has continued to decline, now falling below $40 million and temporarily reported at $36.71 million, dropping over 70% in 6 hours.
Robinhood previously announced that its on-chain stock token DEX trading volume surpassed $3 billion within 63 days, specifically mentioning coverage of over 190 companies including AMC. However, this subsequently drew dissatisfaction from AMC CEO Adam Aron, who engaged in a war of words with Robinhood CEO Vlad Tenev, even threatening to request his securities legal counsel to study the possibility of taking legal enforcement measures.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Odaily reported that according to Hyperbot data, Machi Big Brother Huang Licheng has just reopened a 10x leveraged HYPE long position. The current total position value is $147 million, with floating profit of $324,000 and a return on investment of 6.21%:
1. 25x leveraged Ethereum long position, position value of $100 million, floating profit of $313,000;
2. 40x leveraged Bitcoin long position, position value of $45.88 million, floating profit of $11,000;
3. 10x leveraged HYPE long position, position value of $678,000, floating profit of $109.


