Odaily News: Crypto market players may be exploring crossovers into the energy sector. According to sources familiar with the matter, Coinbase co-founder Fred Ehrsam is seeking to gain control of at least three oil fields in Venezuela. He is making moves through his co-founded investment firm Primavera and has visited Caracas multiple times, meeting with U.S. officials to explore investment opportunities in oil, natural gas, fintech, and digital payments. It is reported that the relevant oil fields are operated by Alvorada Heavy Industries and are located in the Boca, Guico, and Guara blocks of Venezuela's Orinoco Belt. Related negotiations are currently underway. (Bloomberg)

Odaily News, LONG announced that its tokenized stock trading volume on Robinhood Chain has surpassed $425 million in the past 24 hours.

Currently, the total TVL of stocks on the LONG platform has approached $12 million, accounting for approximately 20% of the total TVL of tokenized stocks on Robinhood Chain.

Odaily News - According to on-chain analyst Yu Ying's monitoring, Multicoin Capital (0xA9D...a642F) has continued to transfer 261,000 HYPE, worth $21.7 million, to Coinbase Prime over the past 9 hours. Multicoin Capital redeemed 1.97 million HYPE from staking at the end of July, of which 1.551 million HYPE, worth $114 million, have been gradually transferred to Coinbase Prime over the past month, with an average transfer price of $73.

Odaily News: ETF Store President Nate Geraci stated that the U.S. SEC has once again signaled it will not wait for the Clarity Act to pass before advancing rulemaking for the crypto industry, effectively pushing Congress to accelerate its actions.

Geraci cited related views, noting that as technology evolves and the competitive market environment continues to change, sound governance requires a re-examination of existing rules and regulatory frameworks.

According to Odaily, data from MSX.COM shows that US stocks closed with the Dow down 0.79%, the S&P 500 down 0.71%, the Nasdaq down 1.03%, and the VIX fear index up 9.52%. AI concept stocks broadly declined, with Cadence down 7.6%, CrowdStrike down 6.9%, Dell down 6.8%, Astera Labs down 5.75%, and Synopsys down 5.63%.

It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens covering popular US stocks and ETF token targets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News According to the latest data from Gate, gold prices fell to $4,315.85 per ounce, down 0.1% on the day. Silver prices fell to $63.878 per ounce, up 0.51% on the day.

In the forex market, the USD/CNH pair rose 0.02% on the day, with the current exchange rate at 6.72326. The USD/JPY pair rose 0.07% on the day, with the current exchange rate at 160.293.

In global stock indices, the Euro Stoxx 50 index (EUSTX50) fell 1.22% on the day to 6,342.65 points; the UK FTSE 100 index (UK100) fell 0.08% on the day to 10,741.2 points; the German DAX40 index (GER40) fell 0.06% on the day to 25,806.7 points.

In commodities, WTI crude oil rose 1.69% on the day to $92.63 per barrel. Brent crude oil rose 1.69% on the day to $98.4 per barrel.

Gate supports users in trading traditional financial market products directly on the platform, offering one-stop access to multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, enabling deep integration of crypto assets with traditional financial assets. Gate TradFi features have been fully integrated into both the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the diversified asset allocation experience.

Odaily News: Morgan Stanley has upgraded Robinhood (NASDAQ: HOOD) from "Equal-weight" to "Overweight" and raised its price target from $124 to $150.

According to Odaily, reports from foreign media citing informed sources indicate that Nvidia is in advanced negotiations with AI startup Hugging Face, planning to acquire the latter for up to approximately $14 billion.

One informed source stated that Nvidia could complete the acquisition as early as this week at a price of $12.9 billion, with the deal potentially including an additional retention plan of around $1 billion for employees. Both parties have not yet reached a final agreement, and the timing and specific terms of the transaction may still change.

Odaily Planet Daily News Bitcoin treasury company Strategy Inc. requested MSCI on August 31 to withdraw the eligibility test that could result in its removal from the Global Investable Market Index (GIMI). Executive Chairman Michael Saylor and CEO Phong Le stated that the methodology is discriminatory, arbitrary, and misguided.

MSCI proposes a two-stage screening process, where companies with operating assets exceeding 50% of total assets may retain their eligibility. Those that fail this test may be disqualified if they trigger at least four of five financial indicators. Simulations show that Strategy, Metaplanet, and Yellow Cake may be removed from the index, with Strategy involving a market capitalization of approximately $23.93 billion.

Strategy stated that neither U.S. GAAP nor IFRS distinguishes between operating and non-operating assets in the manner proposed by MSCI, and it lists its bitcoin treasury business as a separate operating segment. The company also has approximately 1,500 employees, a software business with annual revenue nearing $500 million, and issues bitcoin-backed credit instruments. The MSCI consultation will end on September 30, with a decision expected to be announced on October 16. (Bitcoin.com News)

Odaily News: According to Lookonchain monitoring, a whale has deposited a total of 103,300 ETH, worth $253 million, to multiple exchanges over the past 3 days, and still holds 64,600 ETH, worth $156 million.

Odaily reported that Coinbase has announced cbHYPE and cbZEC can now participate in trading, provide liquidity, and engage in lending within the Base DeFi ecosystem. Both tokens are 1:1 backed by Hyperliquid's HYPE and Zcash's ZEC, respectively, held in custody by Coinbase, and are classified as B20-type tokens.

Odaily News According to SoSoValue data, yesterday (September 1, Eastern Time), XRP spot ETFs recorded a total net inflow of $14.3812 million in a single day.

The XRP spot ETF with the highest net inflow yesterday was the Franklin XRP ETF (XRPZ), with a single-day net inflow of $6.6348 million, bringing its historical total net inflow to $469 million.

Next was the Grayscale XRP Trust ETF (GXRP), with a single-day net inflow of $4.7205 million, bringing its historical total net inflow to $142 million.

As of press time, the total net asset value of XRP spot ETFs stood at $1.437 billion, with an XRP net asset ratio of 1.69%, and the historical cumulative net inflow had reached $1.683 billion.

Odaily News: According to SoSoValue data, yesterday (September 1, Eastern Time), HYPE spot ETFs recorded a total net inflow of $1,756,300 in a single day.

Only the Grayscale Hyperliquid Staking ETF (HYPG) saw inflows yesterday, with a daily net inflow of $1,756,300. Its cumulative historical net inflow now stands at $139 million.

As of press time, the total net asset value of HYPE spot ETFs is $455 million, with a HYPE net asset ratio of 2.48%, and cumulative historical net inflows have reached $346 million.

Odaily News According to on-chain data, Robinhood Chain DEX trading volume over the past 24 hours has surpassed $1.28 billion, setting a new all-time high.

On August 31, Robinhood Chain DEX recorded a single-day trading volume of approximately $974 million, with Uniswap V3 and Uniswap V4 contributing around $421 million and $409 million respectively, accounting for the majority of the volume.

Odaily News: Sui ecosystem DeFi protocol Full Sail stated that its protocol has been affected by the Switchboard oracle security incident and has decided to gradually cease operations. Affected protocols include Virtue Money, which reported a loss of approximately $455,000, with 45 users being liquidated. Switchboard has released a statement regarding the incident, but as of September 1, it has not provided the technical details requested by Full Sail nor committed to compensation. Mysten Labs has rejected Full Sail's request for financial support. Full Sail stated that all remaining protocol-owned liquidity will be prioritized for user distribution, and the team will cover the shortfall to ensure community depositors receive compensation first.