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)
Odaily reports: Bitcoin News posted on X that Amboss Technologies and Mexican platform Aureo have completed an integration, connecting the Lightning Network with Mexico's banking system end-to-end. Businesses using Amboss Payments can route Bitcoin Lightning Network payments to Aureo Lightning addresses, with funds automatically converted to Mexican pesos via SPEI within seconds and deposited into bank accounts, without going through an exchange. The integration is now live, and Aureo has appeared in the Destinations and Integrations sections of the Amboss Payments app. All users are required to complete KYC verification.
Odaily reports: A Fox Business crypto reporter posted on X that U.S. Senate Republicans have released an updated text of the CLARITY Act following negotiations during the August recess. The ethics section appears unchanged, and the BRCA and stablecoin yield sections also remain the same. The updates include: requiring non-decentralized DeFi protocols to register with the U.S. Commodity Futures Trading Commission; limiting DeFi provisions to spot or cash digital commodity transactions, seemingly aimed at addressing tribes' concerns about blockchain-based prediction markets; and clarifying the authority of credit unions to conduct cryptocurrency business.
Odaily reports that the UK House of Lords on Wednesday passed an amendment by a vote of 194 in favor to 138 against, requiring the government to formulate a digital asset strategy, despite opposition to the measure from the ruling Labour Party.
The amendment, proposed by Conservative peer Baroness Neville-Rolfe, requires the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Act takes effect.
The strategy will cover crypto assets, stablecoins, and tokenized securities, and address issues including innovation, consumer protection, and enterprises' access to banking, payment, and settlement services. The related bill still needs to be submitted to the House of Commons, where lawmakers may accept, amend, or reject the Lords' amendments.
The UK Cryptoasset Business Council expressed support for the vote result. Previously, Lord Stockwood, the UK Treasury's Minister for Investment, had stated that the government already has a digital asset strategy and is implementing it. (Cointelegraph)
Odaily reports that trade.xyz posted on X that it has launched Events, aiming to develop Hyperliquid into a unified trading system for trading financial assets and real-world outcomes. Users can deposit spot BTC into their unified trade.xyz account, borrow USDC through portfolio margin, open pre-IPO perpetual contract positions on SpaceX, use event markets to hedge against the upcoming SK Hynix earnings event, and pick the US Open champion. Events will cover sports, politics, economics, and financial markets; the initial Up/Down markets cover stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the source for contract settlement.
Odaily News: Matt Cole, CEO of Bitcoin treasury company Strive, stated that as Bitcoin prices rise, distressed Bitcoin treasury companies will recover in unexpected ways. Companies with clear plans will become stronger, and a few of them may experience an unpopular rally. (BitcoinTreasuries)
Odaily News: After Bitcoin Depot filed for bankruptcy protection in May, some of its assets have been sold. Publicly traded digital asset infrastructure company Bitcoin Bancorp acquired 2,547 ATMs for $620,750, accounting for approximately one-quarter of Bitcoin Depot's more than 9,200 devices. Bitcoin Depot's first-quarter revenue fell 49% year-over-year, swinging from a profit of $12.2 million in the same period last year to a loss of $9.5 million. The company attributed its unsustainable business model to increasingly stringent regulatory requirements, transaction limits, and restrictions or bans in certain regions.
Odaily News: A large options trade appeared in the U.S. Treasury market today, betting that the selloff momentum in U.S. government bonds will push the 10-year yield above 5%. Rising oil prices could further stoke already elevated inflation, and this options trade is the latest sign that investors are stepping up hedging against bond market risk.
The selloff has pushed the 10-year yield once again close to its 2023 peak of slightly above 5%. The 30-year U.S. Treasury yield rose to 5.35% on Thursday, the highest level since 2007. The options trade paid a premium of about $14 million, a sizable amount in the derivatives market.
Earlier, traders said a wave of behind-the-scenes hedging activity had already emerged in the market, adding fuel to the selloff. If the decline continues, investors may further buy bearish options to protect their portfolios from losses, while also potentially increasing so-called convexity hedging. If the 10-year U.S. Treasury yield rises to about 5.1%, the trade will reach its breakeven point; if the yield rises to 5.2%, the gain will increase to about $15 million. The last time the 10-year yield reached this level was in 2007.
Odaily News: StablePair Hook is a Uniswap v4 Hook designed specifically for stablecoin trading pairs such as USDC/USDT and USDC/USDG. The Hook employs dynamic fees, adjusting fees based on how far the pool price deviates from the reference price; when the price approaches the reference price, it adjusts the fee for each transaction to maintain a fixed spread between the buy price and the sell price. Uniswap Labs stated that this Hook can provide traders with consistent and predictable quotes on every swap, and allow liquidity providers to capture a larger share of the value they create.
