Odaily reports that crypto custody firm BitGo has announced that eligible institutional clients can now connect their existing self-custodied hot wallets to Hyperliquid via WalletConnect, enabling perpetual contract trading without the need to create a separate wallet or approve transactions individually. This setup preserves BitGo's existing deposit and withdrawal approval controls, allowing clients to manage Hyperliquid positions without additional wallet signing or Gas fees for each order.

Odaily reports that Bitwise Investment Advisers has announced the liquidation and closure of the Bitwise Dogecoin ETF BWOW, effective as of September 10. Bitwise stated that this move is part of its ongoing efforts to optimize its product lineup and adapt to changing investor demand.

BWOW is expected to complete its final trading day on NYSE Arca on October 14 and cease operations. Remaining shareholders will receive cash liquidation proceeds on October 22 based on the fund's net asset value per share as of October 21.

Odaily News: Reporter Eleanor Terrett stated that ahead of a key Senate vote, the new version of the Clarity Act text has been released. Senate Republicans have revised the DeFi and credit union-related provisions in the bill, but the White House remains silent on Trump-related conflict of interest and ethics issues.

Odaily News: FTX founder SBF filed an appeal with the U.S. Supreme Court on Thursday, seeking a new trial and the reversal of the court's previous $11 billion forfeiture order. SBF was sentenced to 25 years in prison in 2024.

The appeal primarily concerns legal issues related to the submission of trial evidence, as well as whether SBF should be allowed to present evidence that his relevant investments ultimately became profitable enough to cover FTX customer losses. Additionally, SBF argues that the $11 billion forfeiture violates the Eighth Amendment to the U.S. Constitution, which prohibits excessive fines. (CNN)

Odaily News: According to Gate market data, the Nikkei 225 index opened down 994.86 points on Friday, September 11, a decline of 1.52%, at 64,276.09 points.

Odaily reports: The Bank of Italy (Banca d'Italia) has issued a notice requiring payment service providers (PSPs) and crypto asset service providers (CASPs) to continuously review financial transactions using procedures related to the Travel Rule, with no minimum amount threshold.

Relevant institutions must verify the names of the originator and beneficiary when establishing a customer relationship, when the EU Council makes a decision, and at the time of each transaction, and cross-check them against lists of sanctioned individuals and entities. Automated systems must not set a minimum amount threshold that limits transaction review, and transfer delays may be accepted when necessary to strengthen sanctions screening. (Bitcoin.com News)

Odaily News: Monument Bank has delayed its project to tokenize £250 million (approximately $330 million) in UK retail bank deposits by several months, as the bank was unable to find a local crypto custodian in the UK that meets Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs. Monument Bank founder Mintoo Bhandari stated that the bank originally planned to tokenize customer deposits on the privacy-focused public blockchain Midnight, and expects it will take another two months, with a launch to retail customers in November. To meet regulatory requirements, the bank has expanded its search for custody partners overseas and has found an FCA-approved Canadian custodian.

Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson that uses zero-knowledge proofs to keep customer information within Monument's systems while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March of this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets between £50,000 and £5 million. Bhandari stated that customer deposits will continue to earn interest, be fully backed by Monument, redeemable 1:1 for pounds, and protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person or per company.

Odaily reports that the U.S. Securities and Exchange Commission (SEC) last week proposed a new rule amendment to transfer agent regulations, allowing electronic databases, including blockchain ledgers, to serve as the official record of securities ownership. If the proposal is approved, issuers and transfer agents may no longer need to maintain both onchain token ledgers and offchain shareholder registers simultaneously, and the ownership records of tokenized securities could shift from two sets of records to a single record. Eli Cohen, Chief Legal Officer of Centrifuge, said the proposal could simplify the current "two-step" process into a "one-step" process, allowing the blockchain to serve as the primary securities file. Joris Delanoue, CEO of SEC-registered onchain transfer agent Fairmint, said assets would still be subject to ownership and transfer rules, and regulatory controls such as identity verification and transfer restrictions would still be built into the tokens; transfer agents would still need to handle administrative matters such as shareholder death, inheritance, and legal notices, with processing windows potentially shortened from 3 to 5 days to 1 day. The proposal's 60-day public comment period will end in early November.

Odaily reports that Bitcoin News posted on X stating that Samson Mow and Bitcoin Red Team researcher Calle are engaged in a public dispute over whether security warnings related to a Liquid Network exploit were properly handled. Calle claims that Blockstream did not act on the Red Team's email, ultimately resulting in a loss of 600 BTC; Mow responded by saying "no email was ignored." Calle stated that once Blockstream restores normal Liquid operations and publishes a post-mortem report, the Red Team will release a full account of the disclosure process. Mow separately warned against blindly trusting AI-generated security reports, saying that unverified fixes could introduce new vulnerabilities, and criticized researchers who prioritize pursuing "clout" over protecting Bitcoin.

According to HyperliquidNews monitoring, the tradexyz liquidator processed a large number of short liquidation positions on WTIOIL and BRENTOIL, recovering a total of $1.303 million worth of positions and profiting $19,660, on top of a previous profit of $84,114.

Odaily News: Payment company PayPal, along with stablecoin infrastructure project M0 and crypto payment platform MoonPay, has launched PYUSDx, enabling enterprises to create stablecoin-based products within days. The platform has processed over $100 million in transaction volume, with Saturn, Concrete, and Cap having already used the technology to launch products.

M0 co-founder and CEO Luca Prosperi stated that PYUSDx leaves the product layer to developers to build, allowing different enterprises to develop different products based on the same technology. USD.AI and Fairblock were also listed as related projects.

May Zabaneh, Senior Vice President and General Manager of PayPal's crypto business, said the stablecoin market is rapidly maturing. On September 10, the total market cap of stablecoins was approximately $305.25 billion, with USDT accounting for 60.07%; PYUSD's market cap was approximately $2.814 billion, ranking eighth. Enterprises can issue branded digital dollars backed by PYUSD, set corresponding rules, and redeem back to PYUSD when necessary. (Bitcoin.com News)

Odaily reports that according to HyperliquidNews monitoring, the RPC spot code has been purchased with 500 HYPE, valued at $40,200.

Odaily News — The European Securities and Markets Authority (ESMA) has issued a risk report stating that major prediction market platforms such as Polymarket and Kalshi currently do not hold the authorizations typically required to offer event contracts to users in the EU. ESMA noted that the regulatory classification of event contracts depends on the specific product and they may be deemed financial instruments, crypto-assets subject to the MiCA framework, or subject to member state gambling regulations; if classified as financial instruments, they would typically be treated as derivatives and could be subject to the EU's retail restrictions on binary options.

ESMA questioned that Polymarket and Kalshi only restrict certain member states, and that VPNs may bypass geographic restrictions. In July of this year, France already required internet service providers to block Polymarket. ESMA also warned that if AI investment returns fall short of expectations or a sell-off in tech stocks occurs, large investors may sell highly liquid risk assets, including crypto-assets, to raise cash; data shows that Bitcoin fell 35% in the first half of 2026, while U.S. spot Bitcoin ETFs saw outflows exceeding $5.5 billion during the same period.

Odaily News: U.S. Bank, the fifth-largest commercial bank in the United States, announced that on September 9 it completed a cross-border payment between entities in North America and Europe using its self-issued U.S. dollar stablecoin USBDC on the public blockchain Stellar. As of June 2026, the bank had $445.4 billion in assets under management.

This transfer was not completed through a closed private ledger. USBDC circulated on an open network while remaining connected to U.S. Bank's existing systems. U.S. Bank CEO Gunjan Kedia said the pilot demonstrated the ability to accelerate global cash management and fund transfers.

U.S. Bank disclosed that its digital asset platform can evaluate stablecoin minting, payment redemption, freezing, and rollback functions. Jamie Walker, the bank's head of digital assets and fund transfers, said this pilot is another step in its digital asset strategy. (Bitcoin.com News)