According to people familiar with the matter, Solidigm, a subsidiary of SK Hynix, is considering an initial public offering in the United States as early as next year. The sources said the world's second-largest memory chipmaker is in discussions with potential investment banking advisors regarding the listing of its NAND storage business unit, and the information has not yet been made public.
Some people said that after the listing is completed, Solidigm's valuation could reach up to $100 billion. The discussions are still ongoing, and details such as the timing of the listing and the valuation may still change. (Jinshi)
Odaily reports: Coinbase President and Chief Operating Officer Emilie Choi stated that Coinbase is among the first supporters of the U.S. "Trump Accounts" program. Coinbase Chief Policy Officer Faryar Shirzad said the company has submitted comments to the IRS regarding the implementation and expansion of the accounts, recommending that beneficiaries be allowed to invest in broadly traded digital assets or gain digital asset exposure through funds, aligning the scope of qualified investments with the major asset classes available to traditional IRAs. Coinbase believes that broader, product-neutral rules would help expand choices, promote competition, and provide young Americans with more opportunities for diversified investing and wealth accumulation.
Odaily News: US officials said President Donald Trump has rejected Iran's proposed seven-day ceasefire plan and told his aides that he expects to resume bombing Iran after the November midterm elections. Tehran's proposal was that if the United States lifts its blockade of Iranian ports, Iran would reopen the Strait of Hormuz and resume nuclear negotiations. But according to officials, privately, Trump is skeptical about whether Iran will meet his demands and has told his staff that he believes a new round of bombing is likely. It is not yet possible to determine the scale of the airstrikes Trump is considering. These officials said he is reluctant to restart large-scale combat operations, partly because the United States wants to reserve its dwindling munitions for other contingencies.
A US official said Washington and Tehran are still negotiating through mediators, including on nuclear issues. The official also said that US-led efforts to ensure tankers can pass through the Strait of Hormuz despite Iranian threats have reduced the urgency of reaching an agreement. Officials familiar with the matter revealed that the United States has told Iran and the mediators that Trump has no intention of lifting the maritime embargo. The United States believes that economic pressure will eventually force Tehran to sign an agreement favorable to Washington and the Arab states along the Persian Gulf. (Wall Street Journal)
Odaily News — According to GMGN data, the market cap of Solana-based Meme coin MASK briefly surpassed $31 million, hitting an all-time high, with a 24H gain exceeding 260%, before falling back to $20.2 million.
Odaily reminds users that Meme coins are subject to significant price volatility, and investors should participate with caution.
Odaily Report: OpenAI Codex lead Tibo posted on X that Codex, which had previously experienced a service disruption, has now returned to normal operation. As compensation for the outage, OpenAI will reset usage limits for all paid users of Codex and ChatGPT Work.
Earlier, Tibo stated that the team had noticed Codex was experiencing an outage and was working on a fix.
Odaily News: Tibo, the lead of OpenAI Codex, posted on X that they are aware of a service outage affecting Codex, and the team is working to restore normal service.
Odaily reports that Vitalik posted on X that syncing an Ethereum node can now take as little as half a day, with disk space usage potentially dropping below 0.5 TB under aggressive settings. EIP-4444 and client teams' optimizations to snapshot sync have significantly improved synchronization. Glamsterdam will further improve node sync, as Nimbus's new sync protocol will incorporate related improvements.
Odaily News: Market sources say Anthropic is in talks for a data center capacity deal totaling 1 GW, with the associated investment expected to be at least $40 billion.
According to Odaily Meme Express monitoring, the market cap of TALIS on Robinhood has surpassed $1.4 million.
It is reported that TALIS is a covered call protocol for stock tokens on Robinhood Chain, allowing users to deposit AAPL or NVDA tokens and split them into yield and upside components. Additionally, the team completed SPEC v1.1, 81 design decisions, a risk register, and 761 tests prior to token launch, and adopted Chainlink TWAP for settlement.
"Meme Express" is curated exclusively 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 associated with meme coins.
Odaily News: A panel of judges on the US Sixth Circuit Court of Appeals has ruled that prediction market platform Kalshi's sports event contracts do not constitute swaps, and are therefore subject to state-level gambling regulation rather than US Commodity Futures Trading Commission (CFTC) rules.
The ruling involves two lawsuits filed by Kalshi against regulatory authorities in Ohio and Tennessee. Kalshi sought injunctions to block the two states from pursuing legal action against it, but the Ohio federal court denied its request, while the Tennessee federal court granted it. (CoinDesk)
Odaily reports: Privacy blockchain network Zano has disclosed that an inflation vulnerability involving Gateway Addresses has forced it to plan a rollback of approximately 24 hours of blockchain history, and has urged users to immediately cease all economic activity related to ZANO and Confidential Assets.
Zano has promised to compensate for losses caused by the rollback, but has not yet announced the target block height for the rollback, the patched version, the compensation process, the mechanics of the vulnerability, or the amount of unauthorized assets created. Gateway Addresses went live on August 26 with Hard Fork 6. (Bitcoin.com News)
Odaily reports: Prediction market and derivatives platform OG.com Markets has submitted a rule filing to the U.S. Commodity Futures Trading Commission (CFTC) seeking to launch cash-settled perpetual futures on individual stocks with no expiration date, tradable 5 days a week, 24 hours a day.
OG.com recently spun off from cryptocurrency exchange Crypto.com to become an independent platform valued at $5 billion. Coinbase, Payward's Bitnomial exchange, and Kalshi have also applied to offer U.S. single-stock perpetual futures. (Cointelegraph)
Odaily: Coinbase posted on X that IPO is now available on Coinbase, with the first issuance project being Oura Ring. Users can apply for subscription allocations directly through the app before public trading begins. The application window will remain open until 4 PM ET on September 29, and applications can still be submitted during the weekend.
Odaily reports that Bitcoin News posted on X platform that Coinbase has launched fixed-rate, fixed-term USDC loans backed by Bitcoin through Morpho Midnight, allowing borrowers to obtain USDC without selling their Bitcoin.
The interest rate and repayment date for this product are determined at the start of the loan; if the borrower fails to repay the USDC and interest by the maturity date, the collateralized Bitcoin may be liquidated. Coinbase's existing floating-rate Bitcoin-backed loans powered by Morpho have surpassed $1.4 billion in active or outstanding loan volume, with collateral value of approximately $3 billion.
Odaily News: Bitwise CEO posted on X that the Bitwise Solana Staking ETF saw over $110 million in net inflows this week. Many people seem to think Solana is performing well.
Odaily Report: xStocks has issued assets totaling $858 million across 8 networks. Among them, Solana leads with $502 million in assets; X Layer and Ethereum hold $180 million and $160 million respectively. Assets on chains other than Solana account for 41% of the total asset scale.
