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)

Odaily News: Bitcoin treasury company Strategy has listed Nike Air Jordan and Nike Dunk sneakers bearing its own branding on its official web store, both priced at $250. Both pairs of shoes are currently shown as sold out, and they are not official Nike collaboration products.

The Strategy store currently only accepts credit cards, Apple Pay, and Google Pay, and does not support payment via Bitcoin or other cryptocurrencies. This payment setup has drawn criticism from social media users, with some pointing out that Bitcoin-themed merchandise cannot be purchased with BTC.

Tuesday morning, after the Labor Day market closure, Saylor indicated that Strategy had repurchased $176 million in STRC preferred stock. During the same period, the company has recently paused its Bitcoin purchases, and social media discussions about the sneaker merchandise emerged alongside this development. (Bitcoin.com News)

Odaily星球日报讯 据 Bitcoin News 监测，Liquid Federation 发布事件报告称，攻击者利用 Elements 范围证明验证缓存漏洞，铸造约 4000 枚无储备 L-BTC，随后通过 SideSwap 获授权的退出锚定路径将其兑换为真实 BTC。Liquid 职能机构将相关交易视为有效，并从联邦储备中释放约 4000 枚 BTC。事件发生前，Liquid 持有约 4205 枚 BTC，暂停运营前储备最低降至 197 枚 BTC。自称白帽的攻击者此后已返还 3400 枚 BTC，仍有约 598.5 枚 BTC 未返还。未有私钥遭泄露，退出锚定机制本身按设计运行。Liquid 目前仍处于离线状态，Blockstream 正准备发布 Elements v23.3.4 紧急版本，并着手在 1:1 比特币储备支持下恢复网络。

Odaily News, Dubai-based cryptocurrency exchange Bybit has launched USDT-settled forex perpetual contracts covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts support 24/7 trading with up to 100x leverage available.

These contracts have no expiry date, with all profits and losses settled in USDT. Traders simply track the price movements of the underlying currency pairs without taking ownership of the corresponding currencies. The product has been added to Bybit's TradFi Perpetuals lineup launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)

Odaily News Uniswap founder Hayden posted on the X platform that the Uniswap interface is now capable of instantly routing most Hooks. Uniswap has launched a free API to support developers who wish to integrate its routing services, and has established a public Hooklist repository providing Hook classification and security information. The liquidity pool creation process in the Uniswap app has added a Hook dropdown menu, allowing pool creators to choose from hundreds of deployed community Hooks, and the Explore page has also incorporated Hook metadata. For advanced custom features that require manual review or security audits, the Uniswap Foundation has sponsored some audits.

Odaily News: Binance founder Changpeng Zhao (CZ) stated at Bitcoin Asia that Bitcoin may surpass gold in the next bull market, with the current market cap gap between the two standing at approximately 10x. Ricardo Salinas Pliego estimates that if Bitcoin were to reach gold's total market cap, its price could reach approximately $1.86 million.

He noted that if Bitcoin becomes a strategic reserve asset for nations, its importance could surpass that of gold; however, central banks and governments have already established systems for valuing, storing, and managing gold, and transitioning to Bitcoin will take time.

Glassnode data shows that Bitcoin's 90-day correlation with gold has risen from 0.21 in March to approximately 0.57, while its correlation with the Nasdaq 100 index has fallen from 0.57 to 0.22. Other estimates indicate that its correlation with gold stands at approximately 0.59, the highest level since 2020. (Bitcoin.com News)

Odaily News: DeFi Development Corp announced the completion of an $11 million CHAD preferred stock offering, with Fundstrat's Tom Lee participating in the subscription. The company stated that this offering marks the first digital credit instrument backed by Solana. CEO Joseph Onorati noted that Bitcoin has demonstrated a massive market demand for digital credit.

Odaily News: Bitcoin fell below $78,000 on Tuesday, hitting a low of $77,603 before recovering to around $78,600. As of 11:20 AM Eastern Time on Tuesday, its market capitalization stood at approximately $1.58 trillion.

The latest price swing triggered $79 million in Bitcoin position liquidations, with long positions accounting for about 90%. Total crypto market liquidations reached $264 million, including $187 million in long positions and $77 million in short positions.

The U.S. Bureau of Labor Statistics is set to release the August Producer Price Index (PPI) and Consumer Price Index (CPI) on Thursday and Friday, respectively. (Bitcoin.com News)

Odaily Planet Daily News: HyperliquidNews stated on the X platform that MU's revenue for tradexyz has surpassed $1 million, generating a cumulative $2 million in fees, of which $1 million will be allocated to an assistance fund. MU has become the 10th trading asset to reach this revenue milestone; currently, 1 trading asset has generated fees exceeding $10 million, 3 exceeding $5 million, 12 exceeding $1 million, and 19 exceeding $500,000.

Odaily News: Loracle, the largest short seller of CASHCAT on-chain, has continuously increased its 3x leveraged short position on the token over the past hour, with holdings now rising to 36.3 million CASHCAT tokens, currently showing a profit of $530,000 at an average entry price of $0.207. Additionally, its PONS short position is currently incurring a loss of $5.2 million, with an average entry price of $0.665.

Odaily Planet Daily News: Ireland's media regulator has launched an investigation into Elon Musk's social platform X, focusing on whether its age verification mechanisms and parental control measures are effective. The Irish Media Commission stated that the investigation will assess whether X effectively implements age assurance measures and provides adequate protection for users under 16 while allowing adult content.

The regulator noted that X's parental control features may have issues such as inadequate minimum requirements, being difficult to locate, and not being sufficiently highlighted to new users. If X is found to have violated Irish cybersecurity regulations, the regulator may impose a fine of up to €20 million or 10% of the company's relevant annual revenue. (Semafor)

Odaily News: Bitcoin News posted on X platform, stating that according to WELT, the German Ministry of Finance is drafting a tax reform plan to impose taxes on gains from Bitcoin and other crypto assets purchased after December 31, 2026, which will no longer be eligible for the holding period exemption. Existing holdings will remain subject to current rules, meaning they can be sold tax-free after being held for more than one year. The relevant law is scheduled to take effect in 2027, with the first tax withholding possibly beginning in 2028. The draft is still in its early stages and may be subject to adjustments later.