Odaily News: According to HyperliquidNews monitoring, Hyperliquid's total open interest has reached an all-time high of 358,047 contracts.
Odaily News - Strive CEO Matt Cole stated that after adding 3,156 BTC in August alone, the company could potentially become the world's second-largest publicly listed corporate Bitcoin holder by the end of 2026, trailing only Strategy. However, he also emphasized that this is not his baseline expectation and would require multiple factors to align.
Cole noted that Strive currently has over $700 million in unexercised warrants, set to expire in mid-October. If the company's stock price breaks through the $27 exercise price, warrant conversion could bring hundreds of millions of dollars in funds to Strive for further Bitcoin purchases. He indicated that if combined with approximately $700 million in digital credit capacity, the company's potential capital capacity for buying BTC could reach $1.4 billion.
Strive significantly accelerated its buying pace in August, purchasing 3,156 BTC in a single month, compared to just 136 BTC added in July. The company now holds a total of 23,156 BTC, valued at nearly $1.9 billion, and has become the world's fifth-largest publicly listed Bitcoin treasury company, surpassing crypto exchange Bullish last week.
The current second-largest publicly listed Bitcoin holder is Twenty One Capital, which holds 43,514 BTC—roughly twice Strive's position. With 17 weeks remaining before year-end, if Twenty One does not add further positions, Strive would need to purchase approximately 1,200 BTC per week on average to surpass it. The article notes that Twenty One has not added new BTC since July 2025, making this goal theoretically possible.
Odaily News The U.S. Securities and Exchange Commission (SEC) has published responses to its request for comments on "Novel ETFs," funds that may hold crypto assets or employ unconventional strategies. The divergence in opinions centers on whether filing documents should remain public before the fund begins trading, and how fast the review process should be.
Crypto asset manager Grayscale and the crypto policy organization Crypto Council for Innovation (CCI) support an optional confidential filing period to reduce the likelihood of competitors submitting imitation filings. Charles Schwab opposes full confidentiality and suggests disclosing filings at least 75 days before a fund launches.
Grayscale requests the SEC to respond within 45 days, while CCI argues that the confidential process should not extend the automatic effectiveness or review deadlines. Venture capital firm Andreessen Horowitz (A16z) supports shortening the review timeline but emphasizes that the rigor of the review should not be reduced. Trading firm Jane Street, however, contends that accelerating the process could lead to lower product quality, competitiveness, and liquidity.
The U.S. currently has 174 ETFs related to crypto assets. BlackRock's iShares Bitcoin Trust ETF (IBIT) manages approximately $61 billion in assets, accounting for roughly 38% of the total assets of related ETFs. The SEC will determine whether adjustments will be made to the confidentiality arrangement and review speed of filings. (Bitcoin.com News)
Odaily Odaily News: HyperliquidNews posted on X platform stating that none of the top 5 trading pairs by volume are HIP-3.
Odaily News: HyperliquidNews posted on platform X that Hyperliquid's user count has surpassed 2.5 million.
Odaily reported that BitcoinTreasuries.NET posted on X platform that UK-listed company B HODL has purchased another 1 Bitcoin, currently holding 167.487 Bitcoins, ranking 93rd in the Bitcoin 100 list.
According to Odaily, two Thai businessmen, Nutthawat Rukthammachalern and Natthawat Kasamvilas, have filed a lawsuit against stablecoin issuer Tether in the U.S. District Court for the Southern District of New York, alleging that Tether blacklisted 42.4178 million USDT. The lawsuit was filed on August 31 and refiled the following day. On-chain records show that 10 Ethereum addresses were batch-frozen on October 30, 2025, within a span of two and a half minutes, while the seizure order cited in the lawsuit is dated February 19, 2026—a gap of more than three months. The plaintiffs claim they purchased USDT on the secondary market and had no contractual relationship with Tether. The complaint alleges that Tether acted at the informal request of the U.S. government, conveyed through Homeland Security Investigations (HSI) agents, before the seizure order was issued. On November 2, 2025, Tether informed Natthawat Kasamvilas that it had "no further information," without disclosing that it had already frozen the funds on its own initiative. The lawsuit asserts five causes of action, including conversion, trover, and unjust enrichment. The defendants are four Tether entities: Tether Holdings, Tether International, Tether Operations, and Tether Investments. The case is presided over by Judge Lewis J. Liman. Tether has previously stated that its cooperation with law enforcement has resulted in the cumulative freezing of over $4.4 billion in assets, with more than $2.1 billion of that total linked to U.S. authorities.
Odaily News: SWIFT service provider Bottomline has announced a partnership with blockchain infrastructure project Chainlink to bring blockchain-based cross-border settlement to more than 600 bank clients in its network. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 businesses.
Through this integration, banks can continue to send payment instructions using the ISO 20022 standard, with Chainlink's infrastructure connecting those instructions to blockchain settlement. Chainlink's Cross-Chain Interoperability Protocol (CCIP) enables tokenized value to move across different blockchain networks, while the Chainlink Runtime Environment (CRE) coordinates payment flows, transaction routing, and operational changes.
CCIP has been recording mainnet activity since July 2023 and is now connected to over 60 blockchain networks. Chainlink's Project Pangea has reached more than 50 banking institutions across Europe and South Korea, with participating entities collectively managing over $10 trillion in assets. The project's goals include achieving T+0 settlement for foreign exchange transactions. (Bitcoin.com News)
Odaily News: Revolut has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a U.S. national bank charter, with plans to launch related operations by 2027, offering loans, credit cards, insured deposits, and cryptocurrency access services.
Odaily Planet Daily News: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.
USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.
The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.
As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
Odaily News: Coinbase announced on the X platform that the company is working to launch single-stock perpetual futures in the United States. This week, Coinbase has filed registration notices with the SEC for its derivatives exchange and broker, and will work closely with the SEC and CFTC to bring more major financial products to the U.S. market.
Odaily News Galaxy Research Head stated on X platform that House Republican leadership has canceled the voting schedule for the weeks of September 21 and September 28. The House will reconvene on September 14 for a four-day agenda, then leave Washington and will not reconvene until after the midterm elections. This arrangement makes it highly unlikely that the CLARITY Act will pass before the midterm elections.
Odaily News, according to monitoring by Bitwise CEO, Robinhood Chain continues to generate revenue, with daily income exceeding $2 million and operating costs of $15,000. The Bitwise CEO stated that for enterprises, on-chain finance means financial services with software-level profit margins, noting that this trend is inevitable.


