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09/11
14:53
Robinhood Crypto suspected of mislabeling INDEX token, app charts inconsistent with CoinGecko data

Odaily reports that community users have discovered that Robinhood previously listed an asset named "INDEX," but the development team appears to have confused it with another token, "Index Cooperative." A comparison of the "Index Cooperative" price charts within the Robinhood app and on CoinGecko reveals that the two trends do not align, while the chart within the Robinhood app perfectly matches the INDEX token's recent all-time high and current price movement.

14:41
The Smarter Web Company Plans to Launch the UK's First Bitcoin-Backed Preferred Shares, IPO Could Raise $20 Million to $34 Million

Odaily News: The Smarter Web Company has announced plans to launch the UK's first Bitcoin-backed preferred shares, subject to shareholder approval. The company expects to raise $20 million to $34 million through a potential IPO, to be used for increasing its Bitcoin holdings and acquiring cash-flow-generating operating businesses.

14:36
$255 million in short positions liquidated in the past 60 minutes

Odaily: In the past 60 minutes, $255 million worth of short positions have been liquidated in the cryptocurrency market.

14:29
Bonk Guy: PONS or USELESS May Be the First to Break $1 Billion

Odaily: Bonk Guy posted on X platform that, if a prediction must be made, PONS could ultimately become the first utility token to surpass a $1 billion market cap in this cycle, while USELESS could become the first meme coin to surpass a $1 billion market cap in this cycle.

14:20
Grayscale: Zcash mining revenue reaches up to 4x that of Bitcoin, network hashrate grows over 2.5x this year

Odaily reports that Zach Pandl, Head of Research at Grayscale, stated in a post that driven by ZEC's price performance, Zcash mining revenue continues to increase. Data shows that the Bitcoin network's total daily miner rewards are approximately $35 million, while Zcash's are about $2 million. However, the daily revenue per mining rig is roughly 2x that of Bitcoin, and revenue per megawatt-hour is about 4x that of Bitcoin—even higher than some AI and high-performance computing cloud services. High yields are driving growth in Zcash mining activity, with its network hashrate having grown over 2.5x this year.

14:18
Robinhood Chain ecosystem memecoin INDEX briefly surged past $48 million

Odaily reports, according to GMGN data, the Robinhood Chain ecosystem memecoin INDEX briefly surged past $48 million, now at $44.07 million, with a 25.64% gain over 24H.

Earlier reports indicated that, according to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.

Odaily reminds users that memecoins are highly volatile, and investors should participate with caution.

14:16
Robinhood Crypto lists INDEX and COOPERATIVE

According to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.

14:04
Machi Big Brother Huang Licheng's three long positions turned from losses to profits, with total position floating profit of $5.806 million

Odaily News: As Bitcoin and Ethereum prices rose, Machi Big Brother Huang Licheng's three long positions all turned from losses to profits, with an overall position ROI of 110%. Among them, the 25x leveraged Ethereum long position is worth over $90 million, with a floating profit of $5.032 million; the 40x leveraged Bitcoin long position is worth over $41.35 million, with a floating profit of $650,000; the 10x leveraged HYPE long position is worth over $5.633 million, with a floating profit of $122,000.

13:59
Over $100 million liquidated on Ethereum in the past hour, total liquidations across the network reach $162 million

Odaily reports, according to Coinglass data, as ETH broke through $2,600, Ethereum liquidations in the past hour reached $112 million, while Bitcoin liquidations amounted to $27.71 million. In addition, total liquidations across the network in the past hour reached $166 million, with long positions liquidated at $20.4 million and short positions liquidated at $146 million.

13:58
BTC breaks through 79,000 USDT, up 2.32% in 24H
Odaily reports, according to OKX market data, BTC has broken through 79,000 USDT and is now trading at 79,005.8 USDT, up 2.32% in 24H.
13:52
ETH breaks above 2600 USDT, up 6.91% in 24H
Odaily reports that according to OKX market data, ETH has broken above 2600 USDT, currently trading at 2601 USDT, up 6.91% in 24H.
13:48
Gold rises above $4,400/oz, up 0.6% in 24 hours
Odaily News: According to Gate data, gold (XAUUSD) has risen above $4,400/oz, now trading at $4,400.18/oz, up 0.6% in 24 hours.
13:46
Zodia Custody CEO Julian Sawyer Steps Down, Transitions to Strategic Advisor

Odaily News: Institutional crypto asset custodian Zodia Custody has announced that CEO Julian Sawyer is stepping down from his role as CEO and transitioning to strategic advisor. Sawyer stated that with Standard Chartered planning to acquire Zodia's custody business and establish Zodia Solutions, this is an appropriate time for a handover of day-to-day management.

Zodia Custody Chief Revenue Officer Richard Clark will oversee the business transition to Standard Chartered and take over the custody business; current executives Craig Perrin and Anoosh Arevshatian will be responsible for building Zodia Solutions. The previous plan had Sawyer serving as CEO of Zodia Solutions, marking an adjustment from the arrangement announced in May.

Zodia Custody stated that the transaction remains subject to regulatory approval and customary closing conditions. Headquartered in London, the company provides digital asset custody, wallet infrastructure, staking, and over-the-counter settlement services to financial institutions and asset management firms. (CoinDesk)

13:46
Circle to Fully Exit Noble Chain in January, Ceasing New USDC Minting from October

Odaily News: Circle has announced it will stop supporting USDC and CCTP V1 on the Noble blockchain, and Noble will not integrate CCTP V2. Starting October 13, 2026, Circle Mint will cease minting new USDC on Noble, while redemptions will remain open until January 12, 2027. After that, the USDC contract and CCTP routing on Noble will be fully suspended.

Circle advises users to migrate their USDC on Noble to other supported networks before the deadline. A snapshot of remaining balances will be taken at the time of suspension, and a manual redemption process will be initiated on January 13, 2027.

13:40
Trump's 2025 Crypto Income Exceeds $1.4 Billion, U.S. Senator Proposes Banning Presidents and Officials from Profiting

Odaily News: U.S. Senator Kirsten Gillibrand stated on August 23 that Congress should prohibit the President, the President's spouse, and senior officials from issuing, sponsoring, or profiting from cryptocurrencies during their tenure, and should incorporate this ethics prohibition into the digital asset market structure bill. Surveys show that 63% of respondents believe it is improper for Trump and his family to profit through cryptocurrencies. Trump disclosed in his annual filing that his crypto-related income in 2025 exceeded $1.4 billion. The related controversy extends to the Senate's Digital Asset Market Clarity Act, which will undergo its first Senate procedural vote on September 15. Kirsten Gillibrand stated that she will not vote to allow the President to profit from public office with taxpayer support.

13:31
Analysis: Tesla's stock price under pressure after SpaceX's IPO

Odaily News: Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share that unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock fell 8.9%, while the S&P 500 rose 2.7%.

Meanwhile, SpaceX's stock has risen 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also related to its recent earnings and product launches, neither of which has demonstrated that the company's pivot toward physical AI products can succeed. Lale Akoner, global market strategist at eToro, said: "Investors see SpaceX as a purer growth story, while viewing Tesla as a riskier turnaround bet." Dave Mazza, CEO of Roundhill Financial, said: "SpaceX now has to prove that its $100 billion annualized revenue scale can be achieved, while Tesla has to prove that it is more than just the 'Musk concept stock' people held before SpaceX went public."