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.
Odaily News: Coinbase has launched fixed-rate loans powered by the decentralized lending protocol Morpho, allowing users to borrow USDC against bitcoin and lock in the interest rate and repayment date at the start of the loan.
This product marks the first enterprise-grade deployment of Morpho Midnight, with Coinbase handling the application experience, Morpho providing the credit infrastructure, and the Base network handling settlement.
Coinbase's existing Morpho floating-rate loans have surpassed $1.4 billion in active volume, corresponding to approximately $3 billion in collateral. The business launched bitcoin-collateralized lending in early 2025 and later expanded collateral to assets such as XRP and Dogecoin. (Decrypt)
Odaily News — According to Onchain Lens monitoring, a whale deposited 42,000 ETH worth approximately $112 million to Galaxy Digital about an hour ago, reportedly for sale. Over the past two months, the whale had accumulated these ETH through over-the-counter (OTC) trades via Galaxy Digital.
Odaily reports, according to Onchain Lens monitoring, 3 hours ago, Morgan Stanley's MSBT Bitcoin ETF received 1,100 Bitcoin from Coinbase Prime, worth approximately $93.89 million, marking the largest single inflow since the fund's inception.
According to Onchain Lens monitoring, over the past 24 hours, Hyperliquid bought back and burned 34,280 HYPE at a volume-weighted average price of $95.25, worth approximately $3.26 million; revenue over the past 30 days was $60.58 million.
Odaily: Eleven Democratic senators on the U.S. Senate Banking Committee are urging Committee Chairman Tim Scott to hold a hearing on prediction markets. Previously, the committee planned to hold a prediction market roundtable next week attended only by Republican senators, focusing on securities-based prediction markets, with a Kalshi representative expected to attend. Currently, primary regulatory jurisdiction over prediction markets falls under the Senate Agriculture Committee and the Commodity Futures Trading Commission.
Odaily News: A Fox Business crypto reporter posted on X platform that SEC Commissioner Mark Uyeda stated the SEC has dropped multiple crypto cases left over from the previous administration, because continuing to defend legal interpretations in court that are poised to be overturned would damage the SEC's credibility.
Uyeda said the Commission is preparing to make a "180-degree reversal" on the relevant interpretations. He also stated that the SEC's innovation exemption for tokenized securities is a "pilot program" that could create more opportunities for new entrants and traditional financial firms.
