Odaily reports that the U.S. Senate has not advanced the Clarity Act, and U.S. crypto policy remains primarily led by the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). After the bill's advancement stalled, whether stablecoin platforms can offer rewards that may compete with bank deposits still lacks a clear legislative arrangement.
Banks have made progress in the dispute over whether stablecoin platform rewards will compete with deposit business. Regulated crypto hubs such as the UAE are using clearer rules to attract businesses, talent, and capital, and may benefit from the U.S. legislative deadlock. (CoinDesk)
According to Gate data, the U.S. dollar rose past 157.5 against the Japanese yen (USDJPY), now at 157.506, up 0.4% from the previous trading session's close.
Odaily News: Perpetual contract DEX Velocity has lifted its whitelist restrictions, and the Beta version is now open to all users. The platform supports wBTC, wETH, SOL, and USDT as collateral assets for contract trading under the same account, with some contracts offering up to 20x leverage, and trades settled on-chain in USDT.
Odaily reports that OpenAI is reportedly developing new features to compete with xAI's Grok chatbot, while also considering how to respond to Meta's Muse.
Odaily reports: Bitcoin News posted on X platform that Bitcoin Core 32.0 is currently undergoing release candidate testing, with developers targeting an October 10 release. This version can accelerate block validation through parallel database reads, but will not change block generation speed. Four wallet commands will default to the updated partially signed transaction format, while the legacy format remains available on demand. A security patch prevents specially crafted wallet names from executing commands on non-Windows nodes, and in one test reduced unauthenticated HTTP-induced memory growth from approximately 3.2GB to approximately 3MB.
According to MSX.COM data, AMD (AMD.O) rose over 9%, with its market cap surpassing $1 trillion.
According to Odaily, predict.fun posted on X that it has launched a prediction market for Polymarket's IPO closing market cap.
Odaily reports, according to monitoring by Bitcoin News, security researchers have discovered that versions 1.1 and 1.2 of FomoPeek, distributed through the Apple App Store, contain an iOS exploit framework capable of escaping the app sandbox, enabling the extraction of keychain data, wallet files, and mnemonic phrases. SlowMist has linked the app to multiple theft incidents and traced nearly $580,000 in stolen USDT flowing into a primary address. Users who have installed either of the aforementioned versions should treat any keys accessible on that iPhone as compromised, generate new mnemonic phrases on a clean device, and immediately transfer their funds.
According to MSX.COM data, US optical communication stocks climbed, with Astera Labs up over 7%, Credo up over 6%, Lumentum up over 5%, Corning up nearly 4%, Coherent up nearly 3%, and Marvell Technology up over 2%.
Odaily News: According to The Data Nerd monitoring, Garrett Jin just closed two trades: shorting 38,000 ZEC, worth $58.5 million, with a loss of $35.44 million; going long 1,333 BTC, worth $113 million, with a profit of $8.38 million. The two trades realized a net loss of $27.06 million.
Odaily reports that analyst Killa posted on X that he plans to hedge 50% of his Bitcoin exposure in the $89,000 to $94,000 range, which would be his first short in months. Killa stated that, as he said 1 to 3 days ago, he previously had no intention of shorting the same high that had been consolidating below it; if the price holds firmly above $97,000, this hedging strategy will be invalidated.
Odaily News: Ondo has announced that Ondo Stocks now supports physical conversion between underlying stocks and tokenized stocks and ETFs, and has added a primary market issuance channel through Alpaca's Instant Tokenization Network (ITN). Eligible institutions can use existing stock assets to mint corresponding Ondo Stocks tokens, or redeem tokens to obtain the corresponding underlying stocks; the process is completed through internal book transfers, without the need for manual approval on a per-transaction basis. This feature is currently only available to institutions that have been reviewed and approved by Alpaca, hold valid accounts with both Ondo and Alpaca, and have completed the relevant account opening and approval processes. It is now live on Ethereum and BNB Chain.
According to MSX.COM data, the Philadelphia Semiconductor Index rose over 2% to a more than one-month high, with Arm (ARM.O) up over 8%, AMD (AMD.O) up over 7%, Micron Technology (MU.O) up nearly 5%, and Qualcomm (QCOM.O) up nearly 2%.
Odaily reports: Bitcoin News posted on X platform that the Celsius bankruptcy estate filed a lawsuit on September 12 in the U.S. District Court for the Southern District of New York against BitMEX-affiliated entities, alleging improper liquidation in March 2020. The complaint states that the relevant Bitcoin includes 1,325.8385 BTC lost by Celsius on March 12, as well as 5,034.3281 BTC received the following day from the fund JST Alpha 1. BitMEX plans to cease exchange operations on September 23.
Odaily News: According to Binance real-time trading data, the trader "Set Ten Big Goals First" holds a 4x leveraged long position on BTC, with current unrealized profit of approximately $11.9665 million, representing a 25.58% return. The average entry price of this position is $79,470.92.
