Odaily reports that Circle co-founder and CEO Jeremy Allaire, in a post on X citing Arc Chain's official tweet, stated that one week after Arc Chain's launch, on-chain assets (USDC and cirCTC) have surged from zero to $700 million, while USDC transaction volume has surpassed $7 billion.
Odaily News: Japan's 10-year government bond yield rose 8.0 basis points to 3.055%, the highest since September 1996. (Sina Finance)
According to Odaily, all Democratic members of the U.S. Senate Banking Committee sent a letter to Committee Chairman Tim Scott requesting a public hearing on prediction markets, arguing that the committee bears important oversight responsibilities regarding the regulation of related markets.
On the same day, Scott and Republican members of the committee privately met with Kalshi CEO Tarek Mansour to discuss securities-linked prediction market products, investor protection, and regulatory issues. Democratic lawmakers believe that some prediction market products tied to corporate performance metrics may fall within the SEC's regulatory scope and should be reviewed through a public, bipartisan process. (The Block)
Odaily reports: a16z crypto stated that the trading scale of RWA perpetual contracts tied to equities, gold, and other traditional assets has grown rapidly, with trading volume reaching $117.3 billion in August 2026, a 44x increase from a year ago, and open interest reaching $4.8 billion.
Of this, on-chain RWA perpetual contract trading volume in August was approximately $101 billion, accounting for 86% of total trading volume, while centralized exchange trading volume was approximately $16 billion. By asset class, equities accounted for 48% of August trading volume, while commodities and indices accounted for 28% and 18%, respectively.
a16z stated that after Hyperliquid launched HIP-3 in October 2025, developers could deploy their own perpetual contract markets based on HyperCore, further driving the migration of RWA perpetual trading on-chain.
Odaily reports: A periodic transaction report disclosed by the U.S. Office of Government Ethics shows that Trump reported purchasing $1,001 to $15,000 worth of Coinbase Class A shares on July 24, and purchasing $1,001 to $15,000 and $50,000 to $100,000 worth of Strategy Class A shares on July 24 and July 27, respectively; he had previously sold $1,001 to $15,000 worth of Strategy Class A shares on July 8. Periodic transaction reports are used to disclose the purchase, sale, or exchange of securities such as stocks.
Additionally, the report shows that Trump sold $15,000 to $50,000 worth of CleanSpark and MARA shares on July 29. The White House has previously stated that Trump's stock and bond portfolio is independently managed by third-party financial institutions, and that Trump and his family members cannot direct or influence specific investments or the timing of trades.
Odaily reports that U.S. SEC Commissioner Mark Uyeda stated that the SEC previously dropped some lawsuits against crypto companies because regulatory policy was about to undergo a "180-degree shift," and continuing to defend in court legal interpretations that were about to be overturned could damage the SEC's credibility.
In addition, Uyeda views the SEC's recently introduced "innovation exemption" for tokenized securities as a pilot-style arrangement, believing it could create opportunities for new entrants and traditional financial institutions to explore on-chain securities trading. The exemption was approved on September 17 and is a temporary, conditional regulatory exemption.
Odaily reports that the U.S. government is considering supporting stablecoin-related businesses through means such as forming joint ventures with private companies. Institutions including the U.S. Department of the Treasury, the U.S. Department of State, and the U.S. International Development Finance Corporation (DFC) may participate.
Odaily News: According to GMGN market data, the market cap of Solana ecosystem Meme coin SI briefly broke $9 million, currently at approximately $7.5 million, with an intraday gain of over 160%.
It is reported that SI stands for Super Inu, launched on the Stonk platform, inspired by Trump's proposal to rename artificial intelligence as "Super Intelligence," and uses tokenized Nvidia stock under Backed Finance's xStocks framework as the paired asset for its liquidity pool.
Odaily reminds readers that Meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.
Odaily News: Anthropic CEO Dario Amodei stated at a United Nations Security Council meeting that without effective management, AI could pose an existential risk to humanity, and Anthropic will slow down its AI development progress for safety reasons.
Amodei said that AI could be used to manufacture bioweapons and could also develop into systems beyond developers' control. He called for the establishment of global AI safety standards, an AI safety certification system, and cross-border regulatory cooperation. He also noted that AI is driving progress in life sciences research, but the related technologies could likewise bring significant risks.
Odaily reports: The National Council of Legislators from Gaming States (NCLGS) has filed an amicus brief with the U.S. Supreme Court in support of the New Jersey Attorney General and gambling regulators' petition to hear their case against prediction market platform Kalshi. The petition seeks to clarify whether state governments or federal agencies have jurisdiction over prediction market companies.
NCLGS stated that if the ruling favors Kalshi, states would be unable to regulate sports betting within prediction markets, potentially leading to regulatory confusion. The council believes that gambling-related matters should be handled by state regulators, and noted that casinos and other regulated entities may adjust their operations and products accordingly.
New Jersey authorities filed a petition for a writ of certiorari on September 2, stemming from their appeal of a Third Circuit Court of Appeals ruling. Kalshi has not yet formally responded and must submit its position brief by November 9; the company has previously stated that it cannot be regulated separately by 50 different regulators. (Cointelegraph)
According to Odaily Meme Express monitoring, the market cap of Life's Good Things on BSC has surpassed $550,000.
A source stated that Life's Good Things shares the same vibe as "Binance Life"; another source noted that with the National Day holiday overlapping with the "life" element, the related narrative factors are fully stacked.
"Meme Express" is powered by Odaily's exclusive 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: The founder of Flap posted on X that over the past 30 days, the Flap protocol distributed $13.6 million in holder rewards to trading users who issued tokens on the protocol, and added $115,000 in liquidity to token DEX LPs, cumulatively allocating $22.96 million in fees to the community and treasury. Of this, BNB Chain accounted for $22.23 million and Robinhood Chain for $733,000. Users do not need to participate in activities or complete tasks — they simply need to use Flap.
Odaily reports that trade.xyz posted on X, stating that event trading is now available on its platform.
Odaily reports that Bitcoin News posted on X platform that the x402 Foundation has incorporated the Lightning Network payment specification into its open internet payment standards. x402 was initially developed by Coinbase, aiming to enable AI agents and applications to automatically complete payments and continue executing tasks upon receiving a "402 Payment Required" response, without needing to create accounts, enter credit card information, or manage API subscriptions.
The protocol is now governed by the Linux Foundation, with participation from companies such as Cloudflare, Google, AWS, Visa, Mastercard, Stripe, and American Express. With the integration of the Lightning Network, AI agents can use satoshis to pay for API calls, data, computing power, MCP tools, and other digital resources, and cryptographically prove payment through Lightning Network preimages.
Odaily News: The deal covers Poolin's two data center sites in Texas, Pyote and Tarbush, and includes cash and other consideration, pending approval by the U.S. Bankruptcy Court for the District of New Jersey. Hut 8 is advancing its AI infrastructure buildout, with a development pipeline of approximately 8.7 GW.
Odaily reports that Brian Armstrong posted on X that IPO allocations have long been mainly available to institutions and a small number of high-net-worth individuals. Coinbase has now launched an IPO participation portal within its app, with first-phase support for Oura Ring.
