Odaily News: Grayscale announced on the X platform that its Zcash fund, ZCSH, has seen its Assets Under Management (AUM) surpass $500 million, currently holding over 550,000 ZEC. Grayscale stated, "Privacy coins are attracting real capital."

Odaily News: Robinhood Crypto announced on the X platform that the total value locked (TVL) of Robinhood stock tokens on Robinhood Chain has reached $150 million, and global markets are shifting on-chain.

Odaily Planet Daily News Liquid Network's official security incident report: On September 6, a vulnerability related to the range proof verification method in Liquid node caching within the open-source software Elements was exploited, resulting in the creation of approximately 4,000 LBTC tokens not backed by bitcoin reserves. The exploiter subsequently exchanged them for approximately 4,000 BTC via SideSwap and the Liquid standard Peg-out mechanism. Prior to the incident, Liquid's reserves stood at approximately 4,205 BTC. After the relevant Peg-out and other withdrawals completed before the network halt, reserves fell to 197 BTC.

According to the official statement, the incident did not involve the compromise of Functionary nodes or private keys, and other issued assets on Liquid such as USDT were also unaffected by the vulnerability. The exploiter claimed to be a white hat security researcher and returned 3,400 BTC to the Liquid Federation Peg wallet on September 7. Approximately 598.5 BTC (about 15% of the funds involved) remain unrecovered, and Blockstream is in communication to recover the remaining assets.

At present, the top priority is to recover the remaining funds and restore Liquid Network to normal operation as quickly and safely as possible. A fix for the vulnerability has been developed and is currently undergoing multiple rounds of internal and external review. Blockstream is preparing to urgently release Elements v23.3.4, which is expected to be rolled out as soon as preparations are complete, with a target launch within approximately 48 hours. Following the software update, Liquid Network Functionary operators will make further adjustments to restore full network functionality and resume a corrected network state, including rejecting previously invalid Peg-outs.

Odaily News, according to MSX data, US stocks closed with mixed performance in the storage sector. SKHY rose 4.8%, STX gained 6.49%, WDC added 2.14%, SNDK fell 0.21%, and MU declined 1.61%. Additionally, BNB treasury stock BNC surged 50.43%, closing at $5.25. It is currently trading at $5.34 in the after-hours session, up nearly 2%.

Odaily News: Meta Platforms (META.O) has launched a personal AI agent app called Muse, allowing users to delegate digital tasks such as scheduling appointments, filling out spreadsheets, and monitoring home security cameras to AI assistants. Meta's Head of AI, Alexander Wang, stated that Muse is powered by Meta's Muse Spark series of foundation models and offers a free version as well as two subscription tiers at $20 and $100 per month. He noted that Muse runs within an isolated environment on Meta's computing infrastructure and does not read users' actual passwords or payment information, and will request confirmation before performing sensitive operations. Users can choose whether to allow Meta to use interactions with Muse to train AI models; if they opt in, Meta will remove key personally identifiable information before using the data for model improvements.

The product launch comes as Meta faces pressure related to AI safety, privacy concerns, and returns on AI investment. Meta CEO Mark Zuckerberg has previously stated that personal AI agents will become a direction for the company's future product and revenue growth. Meta also revealed that it is exploring business models related to shopping transactions conducted through AI agents in the future.

Odaily News, according to GMGN data, BSC-based tokenized stock BNC4 is currently trading at $5.75, while its U.S. stock counterpart BNC is at $5.28, up 0.76% in after-hours trading. Based on current prices, BNC4 is trading at an approximately 8.9% premium over the underlying BNC stock.

CZ posted on X yesterday stating "IPOs will move on chain," and subsequently Four.meme launched the first stock token BNC4, which is pegged 1:1 to U.S. stock CEA Industries (BNC).

Meme coins generally lack real-world use cases and are subject to significant price volatility. Investors should exercise caution.

Odaily News Hunter Biden, son of former U.S. President Joe Biden, posted on X to introduce his upcoming Meme coin LAPTOP, stating that the token aims to transform the negative symbolism surrounding the "laptop" incident into a symbol of "resilience, redemption, and recovery." Hunter Biden said that 20% of LAPTOP tokens will be airdropped to the community, including some users who suffered losses in TRUMP token trading; another 30% of tokens are linked to a preset real-world event prediction mechanism—if the corresponding events occur, the related tokens will be permanently burned, and if they do not occur, they will be donated to charity. In addition, regardless of the prediction outcomes, another 50 million LAPTOP tokens will be allocated for charitable purposes.

Hunter Biden also stated that users "should not expect me or anyone else to make this token more valuable," adding that LAPTOP is not just about holding an asset, but about expressing an attitude.

Odaily News, Loracle posted on X platform calling on Robinhood CEO Vlad Tenev, hoping he would coordinate market makers to add liquidity for the PONS/USDG market on Lighter.

Previously, Loracle had built a related trading Vault based on Lighter, executing trades through an off-chain Keeper. Loracle stated that since the market quickly approached its set safety OI limit, the Vault will gradually build positions in the future.

According to Hyperbot data, Loracle currently still holds approximately 27.75 million PONS short positions at 3x leverage, with a position value of approximately $21.77 million, and floating losses exceeding $3.3 million.

Odaily News, according to Onchain Lens monitoring, over the past 4 hours, Galaxy Digital (0x1e4...58C7d) transferred 95,270 HYPE to Bybit and OKX, worth approximately $8.11 million. Among them, 36,420 HYPE was transferred to Bybit, worth approximately $3.1 million; 58,850 HYPE was transferred to OKX, worth approximately $5.01 million.

Odaily News: Copper has been seeking a buyer since May this year and hired Cantor Fitzgerald to assist with the sale process, with an initial asking price of $500 million. The company has currently received offers of around $200 million, down from a peak valuation of over $2 billion. Amar Kuchinad joined Copper as CEO in October 2024, following the departure of Copper founder and former CEO Dmitry Tokarev. Kuchinad previously worked at Goldman Sachs and served as an advisor to the U.S. Securities and Exchange Commission. Copper recently added two new executives, with Elin Cherry as Chief Compliance Officer and Sean Bowen as Chief Operating Officer.

Odaily News – DBS and Citi's New York office completed a USD cross-border payment between Singapore and the United States on September 5, using tokenized deposits on the Swift digital ledger. The transaction was executed over the weekend and took only minutes, while traditional cross-border payments typically take up to two business days.

This marks the second time the Swift digital ledger has been confirmed for real-time application, following HSBC and Standard Chartered's completion of the first real-time tokenized deposit cross-border transaction in August. Swift announced on July 9 that the ledger was available for initial use, with 17 banks preparing to participate in the pilot program. DBS is the only Asia-headquartered bank among the 12 core design group members. DBS Group Chief Operating Officer Rachel Chew stated that the Swift digital ledger is bridging traditional banking infrastructure with emerging digital networks. Mridula Iyer, Citi's Head of Services for South Asia, noted that the weekend real-time transaction demonstrates that 24/7 cross-border payments have become a reality. DBS launched DBS Token Services in 2024, offering 24/7 programmable instant value transfer services.

Odaily News: U.S. Republican Senator Cynthia Lummis stated that if the CLEAR Act fails to pass, the blame lies with Democrats for not joining Republicans in supporting the bipartisan legislation. She noted that Democrats' continued demands for amendments could allow future regulators to stifle the crypto industry. If differences can be bridged, the bill could pass, but Democrats would need to make further concessions rather than expecting the White House to give ground.

The U.S. Senate is set to hold a procedural vote on the bill next week. The legislation aims to delineate regulatory responsibilities and clarify whether digital assets qualify as securities, commodities, or stablecoins. The bill passed the House last July but was stalled due to a conflict between banking lobbying groups and crypto companies over customer stablecoin yields. A new draft circulated in July prohibits government officials from promoting crypto or profiting from it, and Democrats have criticized the Trump family's involvement in the sector while calling for further revisions.

Odaily News: Bitcoin News posted on the X platform that Block, founded by Jack Dorsey, has applied with the U.S. Office of the Comptroller of the Currency to establish a federally regulated national trust bank, Builders Bank & Trust. If approved, the bank will provide bitcoin and stablecoin custody and related fiduciary services, with a focus on safeguarding client assets. It will not accept checks or savings deposits, nor will it offer loans. Lee Woolley, Block's head of digital asset strategy, will serve as the bank's president and CEO.

Odaily News: HyperliquidNews posted on platform X, stating that Kraken has announced the listing of Wrapped HYPE on its Layer 2 network INK, with the token named kHYPE, which could easily be confused with a token of the same name launched by Kinetiq.

Odaily News: The city of Plattsburgh, New York, held a public hearing to discuss a temporary land-use moratorium on high-energy computing facilities such as AI data centers and crypto mining. If approved, the moratorium would pause approvals for projects with electricity demand reaching or exceeding 300 kilowatts for a period of 12 months.

As of Tuesday, Plattsburgh Mayor Wendell Hughes had not yet approved the moratorium. The City Council is scheduled to meet again on September 17 to continue deliberating on the proposal.

Plattsburgh previously implemented an 18-month Bitcoin mining ban in 2018 due to resident concerns over electricity costs. Currently, some crypto mining companies are pivoting toward AI and high-performance computing operations, as the industry faces rising mining difficulty, higher electricity costs, and falling token prices. (Cointelegraph)