Odaily News: The United States International Trade Commission (USITC) has voted to launch an investigation into a major type of memory product manufactured by Micron Technology (MU.O)—dynamic random-access memory (DRAM)—as well as multiple server manufacturers that use these chips in their products.

The federal agency stated that the investigation is based on a complaint filed on behalf of Netlist, a memory supplier based in Irvine, California. The complaint alleges that the companies in question violated U.S. federal tariff law, accusing certain DRAM devices and products containing them of being imported and sold in the United States in infringement of the company's patents. In addition to Micron, the USITC said it will also investigate server manufacturers Hewlett Packard Enterprise, Super Micro Computer, and Lenovo Group.

Odaily reports: Blockchain analytics firm Elliptic has launched an AI product called Pulse, which allows frontline law enforcement officers to input a wallet address or transaction hash and receive a plain-language summary of fund flows within seconds, without requiring any blockchain expertise.

For further investigation, law enforcement officers can, with a single click, transfer the results — including analytical reasoning and on-scene case number records — into Elliptic's screening and forensic tracing tools, or integrate them into their own agency workflows. Elliptic states that the final judgment remains with law enforcement officers. (Decrypt)

Odaily News: Asset management firm ARK Invest will partner with Securitize (SECZ) to tokenize the ARK Venture Fund (ARKVX) on Ethereum. The fund provides qualified investors with investment exposure to private and public companies such as OpenAI, Anthropic, Stripe, and Databricks.

This collaboration continues the existing relationship between the two parties, as ARK Invest made a strategic investment in Securitize last year. (CoinDesk)

Odaily News: Solari Capital founder AJ Scaramucci has announced the end of stealth operations, with the firm having deployed approximately $350 million since its inception across early-stage investments, later-stage growth investments, and internal incubation projects. Scaramucci introduced the "Programmable Reality" investment thesis, arguing that as computing power continues to advance, domains such as biology, intelligence, matter, and money will gradually become "substrate materials" that can be programmed and engineered through software. Solari's investment portfolio spans AI, computing power, foundation models, computational biology, gene therapy, aerospace, energy, semiconductors, robotics, blockchain infrastructure, and DeFi, including projects such as xAI, Suno, Tessera Therapeutics, Varda Space, Giga Energy, and Fission Labs. (Fortune)

Odaily reports that Pharos ecosystem project Prosper has officially launched a 7-day p{VAULT} Trading Challenge. It is reported that the Prosper platform currently has 6 Meme assets with a market cap exceeding $2 million, with momentum continuing to rise.

The total prize pool for this competition is 100,000 $PROS, including:

Top 50 Leaderboard Pool (80,000 $PROS): Shared based on qualified trading volume;

Sunshine Pool (20,000 $PROS): Participants with qualified trading volume of at least 1,000 $PROS can share proportionally;

Additionally, net buys on the Bonding Curve will receive a 5x points bonus.

Odaily reports that the Solana Foundation has announced the appointment of Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments, in a move to expand institutional adoption and payment operations. Conlan previously spent three years at Binance and has held senior management roles at companies including OKX; Raees joins from Polygon Labs and will be responsible for collaborating with payment companies, enterprises, and ecosystem partners to advance Solana's adoption as global payments infrastructure. The Solana Foundation stated that this year, stablecoin transaction volume on Solana has surpassed $5 trillion, on-chain real-world asset (RWA) value has exceeded $4.5 billion, and tokenized equity supply has surpassed $620 million. (The Block)

Odaily News: The U.S. midterm elections are emerging as a key source of concern for the stock market at a time when AI-driven trades are surging. Polls and prediction market results over the past few weeks have clearly favored the Democrats, increasingly suggesting that they could regain control of at least one chamber of Congress.

Wall Street strategists point out that such an outcome could pressure stocks that have benefited from the AI boom; these stocks tend to carry lofty valuations with very little margin for error, and future investigations, hearings, or even stricter regulatory measures could all serve as headwinds.

Brian Mulberry, Chief Market Strategist at Zacks Investment, said that if Democrats perform strongly in the November elections, hearings on AI safety issues could increase in both number and prominence, and news out of Washington could trigger trader concerns about congressional action, leading to volatility in AI-related sectors.

Tobin Marcus, a strategist at Wolfe Research, expects that Democrats may establish a "Special Committee on AI" to question industry executives and potentially issue subpoenas.

Odaily News: Tether, Pave Bank, and the Global Finance and Technology Network (GFTN) have signed a Memorandum of Understanding to explore the launch of the "Georgia–Singapore Fintech Scholarship Program." The program plans to select outstanding STEM undergraduate students from Tbilisi State University starting in 2027 to study for one semester at Singapore Management University, and to participate in industry exchanges, mentorship, and fintech-related projects, with a focus on promoting exchanges between the fintech ecosystems of Georgia and Southeast Asia. Students who complete the program may also receive internship opportunities offered by program partners and eligibility to participate in GFTN's global Knowledge Circle network.

Odaily News: According to an MSX announcement, MSX launched spot trading of Expedia Group (EXPE) and Shopify (SHOP) stock tokens on September 24.

Expedia Group reported Q2 2026 revenue of $4.315 billion, up 14% year-over-year, with total gross bookings reaching $33.928 billion, up 12% year-over-year;

Shopify reported revenue of $3.583 billion for the same period, up 34% year-over-year, with platform gross merchandise volume reaching $115.567 billion, up 32% year-over-year.

Odaily News: Digital asset investment firm RockawayX will deploy $150 million through its Catapult program to provide venture capital, product structuring, liquidity, market-making, and distribution support for projects bringing real-world yield assets into DeFi. RockawayX manages approximately $2 billion in assets and has already deployed about $300 million onchain. The program will focus on areas including trade and supply chain finance, special asset-backed securities, CLOs, and real estate-related credit.

RockawayX CEO Viktor Fischer said that after trading, "yield" could become the largest use case onchain, and that new yield sources with annualized returns exceeding 12% and uncorrelated to crypto market trends will be needed in the future. Fischer also noted that the challenge with real-world assets (RWAs) is not tokenization itself, but rather the buyers, trading venues, and exit mechanisms after assets are tokenized. (CoinDesk)

Odaily News: Oracle (ORCL.N) is attempting to avoid the massive costs associated with a large data center project in New Mexico, which undoubtedly adds new uncertainties to a project already plagued by opposition and regulatory obstacles. According to people familiar with the matter, Oracle has sent a notice to a subsidiary of Blue Owl Capital, the project's developer, invoking the force majeure clause.

The sources said Oracle is not seeking to exit the project as the primary tenant, but rather wants to defer payments in the event that the "Project Jupiter" data center project experiences delays and fails to come online as planned in 2028. (Bloomberg)

Odaily: US initial jobless claims for the week ending September 19 came in at 197,000, versus expectations of 201,000. The previous reading was revised from 196,000 to 198,000. (Jinshi)

Odaily News: AI infrastructure company Verda has completed a new $189 million funding round led by Emergence Capital, with participation from MUFG Innovation Partners, computer manufacturer Super Micro Computer, Varma Mutual Pension Insurance, and Lifeline Ventures, among others. Following the funding, the company's valuation is reported to have reached at least $1 billion. (Bloomberg)

Odaily News: Bank of America Securities has reiterated its "Buy" rating and $810 price target for Meta following the Meta Connect 2026 conference, believing that the newly launched personal agent Muse is becoming an important pillar of the company's consumer AI strategy. The institution noted that Muse has already gained initial user growth and has established partnerships with Walmart, Best Buy, Shopify, Expedia, and Instacart. It will also be integrated into smart glasses in the future and gradually expand across Meta's products and Reality Labs devices, potentially addressing the shortcomings of its hardware in smart assistant functionality.

On the monetization front, Meta plans to charge commissions on transactions completed through Muse, adding a new revenue stream. However, the company has not yet officially set a commission rate, and the related revenue contribution remains at an early stage. The scale of monetization and conversion effectiveness still require further observation.

Odaily reports that U.S. Securities and Exchange Commission Commissioner Hester Peirce, speaking at the SIFMA Digital Assets Conference, stated that regulators should re-examine traditional financial surveillance methods and shift from "collecting more data" to using new technologies for more precise verification. She said that technologies such as zero-knowledge proofs can verify whether users meet requirements related to age, citizenship, accredited investor status, or sanctions lists without disclosing personal information such as name, income, or address; federal agencies and regulated entities can adopt attribute-based verification when technically feasible, and allow registered entities to rely more on third-party identity verification to reduce redundant collection and storage of sensitive information.

Odaily: Galaxy's head of research posted on X that Hester Peirce said society is currently at a crossroads: one path is to maintain the status quo—collecting more data, strengthening surveillance by intermediaries, and adding more "Know Your Customer" requirements, turning financial infrastructure into a panopticon; the other path is to leverage new technologies to improve the ability to catch criminals while collecting less personal information, and to protect Americans' privacy through more prudent surveillance.