Odaily News: According to MSX.COM data, US stocks closed with the Dow initially down 0.7%, the S&P 500 down 0.33%, and the Nasdaq down 0.12%.
Crypto-related sectors saw broad gains, with Circle (CRCL) up 9.67%, BitMine (BMNR) up 6.55%, Coinbase (COIN) up 5.31%, SharpLink (SBET) up 5.24%, American Bitcoin (ABTC) up 4.94%, Gemini (GEMI) up 4.65%, and Strategy (MSTR) up 4.42%.
Tesla (TSLA.O) rose 5.5%, Nvidia (NVDA.O) gained over 1%, SK Hynix (SKHY.O) rose 2%, and SanDisk (SNDK.O) rose 5.5%.
Odaily Planet Daily News: Bitcoin News posted on X platform that Peach Bitcoin stated that Swiss regulators are seeking to re-examine the compliance framework of its KYC-free peer-to-peer Bitcoin trading platform, which has been permitted to operate since 2022. Starting September 1, 2026, Peach Bitcoin will temporarily withdraw from the custodial process and adopt a non-custodial model during the appeal period.
Under the temporary model, only users who have completed KYC, been authorized through manual whitelisting, or met transaction record requirements can create sell orders. Sellers who have not completed KYC may only participate in one active transaction at a time. The buy function remains open to all users, with a single transaction limit of 500 Swiss francs and a maximum premium of 6%. The in-app dispute resolution system remains available, but Peach Bitcoin will no longer sign in escrow and will continue to charge a 2% fee on released transactions.
Peach Bitcoin founder @proofofsteph stated that the company will not immediately abandon the KYC-free model and will communicate with regulators regarding its stance; if the appeal ultimately fails, the company will comply with the regulatory decision.
Odaily News: The BIP-110 community restarted the stalled minority fork chain this weekend, which had stalled on August 8. The chain has mined over 800 blocks. Blockchain developer Luke Dashjr switched the proof-of-work algorithm from SHA-256d to Blake2b and reduced the block size to 300 KB.
The BIP-110 minority chain forked at Bitcoin block height 961,632, then stalled; at height 961,640, Silent Wave mined a block under the new Blake2b consensus rules. The project is expected to release new software on September 1.
The fork chain's asset has not been listed on any centralized exchange, and CoinGecko and CoinMarketCap have not displayed its token code either. BIP-110 developer Chris Guida stated that the chain does not use centralized KYC exchanges, advocating for the acquisition and use of Bitcoin through the trading of goods and services. (Bitcoin.com News)
Odaily News The prediction market platform Kalshi has permanently banned former U.S. Representative George Santos and fined him $71,400. Kalshi determined that he manipulated markets related to whether he would attend the State of the Union address, profiting $17,800 from the scheme.
In a disciplinary notice issued on August 28, Kalshi's compliance department stated that Santos made multiple large trades in the relevant markets between February 2 and 25. Since he could influence the market outcome, platform rules prohibited him from trading in that market; he subsequently made false or misleading statements regarding his attendance plans in an attempt to influence the prices of the "Yes" and "No" contracts.
Kalshi determined that the statements were intended to manipulate prices and did cause price movements, resulting in violations of rules against market manipulation, trading on event outcomes, and fraudulent manipulation. He was also penalized for failing to cooperate with the investigation. This penalty marks the first time Kalshi has issued a lifetime ban against a former member of Congress. (Decrypt)
Odaily News Prediction market platform Polymarket shows that the implied probability of the CLARITY Act passing and becoming law in 2026 is 13%, with related contract trading volume of approximately $11.5 million, a significant decline from the 82% priced by the market in February.
The U.S. Senate plans to hold a procedural vote on the bill on September 15. The motion to invoke cloture to start the vote was filed by Majority Leader John Thune and typically requires 60 votes. Prediction market platform Kalshi puts the probability of a Senate vote occurring before October 1 at 91%, with related market trading volume exceeding $1.25 million.
The CLARITY Act aims to establish a federal regulatory framework for crypto markets, with the U.S. Commodity Futures Trading Commission (CFTC) exclusively regulating spot digital commodity markets, and the U.S. Securities and Exchange Commission (SEC) overseeing certain securities offerings and exchange activities. The bill still faces disagreements over conflicts of interest between officials and the crypto industry, stablecoin yields, and protections for decentralized finance and non-custodial software developers. (Bitcoin.com News)
Odaily News: According to HyperliquidNews monitoring, the trading volume of all 12 HIP-3 markets on Tradexyz has now exceeded $10 billion.
Odaily Planet Daily News Privacy-focused public chain Zano activated its sixth hard fork (HF6) at block height 3,833,000 on August 31. The upgrade is now live on the mainnet, marking the largest upgrade in the network's seven-year history.
HF6 introduces Gateway Addresses, providing centralized exchanges, DEXs, and cross-chain bridges with directly trackable single balances and instant synchronization, while preserving existing addresses and their privacy model. Native ZANO can now be transferred non-custodially across chains to Ethereum, Solana, and TON, where it becomes public on external networks, and privacy protection is restored upon transferring back to Zano.
The upgrade also tightens consensus validation rules and enhances wallet encryption, mining pool fault tolerance, payment IDs, anti-DoS restrictions, SOCKS5 proxy, and RPC interfaces.
HF6 is a prerequisite for the EVM-compatible chain Zano Execution Layer, which is currently in development and has no fixed launch date yet; the next-generation consensus protocol Zenith has been included in the 2027 roadmap. (Bitcoin.com News)
Odaily News According to CME FedWatch tool data, as of 11:40 AM ET on August 31, there is a 66% probability that the Federal Open Market Committee (FOMC) will raise the federal funds rate target range by 25 basis points to 3.75%-4.00% at its September meeting.
The Federal Reserve has been raising interest rates since 2022 to address rising inflation. Fed Chair Kevin Warsh stated at a recent Jackson Hole symposium that the Personal Consumption Expenditures (PCE) price index has risen 3.7% over the past 12 months and 4.1% over the past six months, both above the 2% target, emphasizing that controlling prices should be the current top priority.
Barclays expects the Fed to raise rates twice more this year, in September and December, for a cumulative increase of 50 basis points, bringing the federal funds rate target range 50 basis points higher than current levels. (Forbes Digital Assets)
Odaily News, according to Onchain Lens monitoring, a whale accumulated 488,600 HYPE from FalconX approximately 5 months ago for around $17.18 million. The position is currently valued at approximately $41.09 million, with unrealized profits of about $23.91 million and a return rate of 139%. The whale has staked all of their HYPE on Hyperliquid.
Odaily News: Brian Armstrong posted on X, stating that Coinbase now supports AI agents trading stocks, in addition to cryptocurrencies, derivatives, and other assets. AiFi (Agent Finance) has arrived, and users can get started through their preferred agent framework or agent.
Odaily News: The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are advancing cryptocurrency regulatory rulemaking, having solicited public comments on the definitions of swaps, security-based swaps, and emerging products, as well as on the boundaries of regulatory jurisdiction.
Former CFTC Chairman Chris Giancarlo, former CFTC commissioners Brian Quintenz and Sharon Brown-Hruska, and former SEC commissioner Steven Wallman, among others, stated in a joint letter supported by Kalshi that similar risks should be subject to similar regulation, avoiding overlapping rules that increase compliance costs.
Kalshi estimates that offshore perpetual contract trading volume will exceed $9 trillion in 2025, up from approximately $2.8 trillion two years ago. Chris Giancarlo said that if U.S. regulation is calibrated to actual risk rather than maximum burden, related liquidity could flow back to the United States.
Last week, the SEC submitted proposed revisions to custody rules for investment advisers and investment companies to the White House Office of Information and Regulatory Affairs (OIRA) for review, aiming to clarify requirements for regulated investment institutions providing digital asset custody services. The SEC's "Reg Crypto" proposal has been published in the Federal Register, with public comments open until October 20. (Decrypt)
Odaily News: According to market sources, Hyperliquid is in discussions with Kraken's parent company about entering the U.S. market.
Odaily News: Yu Xian, founder of Slow Mist, posted on platform X that a recent group theft incident occurred, involving more than one hundred addresses and dozens of real users. The cause was private key leakage, resulting in hackers profiting approximately $200,000. The common factor was that all affected users had previously used the iToken wallet—a wallet that had been discovered in the past to collect users' private keys/mnemonic phrases, and related individuals from the group had been arrested before.
Odaily News: Tim Cook's 15-year tenure as Apple CEO has officially come to an end. Apple's head of hardware engineering, John Ternus, formally took over the role on September 1, now leading Apple with a market value of approximately $4.67 trillion. Cook will transition to the role of Executive Chairman.
Since taking over as CEO in 2011, Cook has led Apple's revenue from approximately $108 billion to $416 billion in 2025, with the company continuing to expand in scale.
Upon assuming his new role, Ternus will face a series of challenges, including Apple Intelligence, Siri, and AI strategy. His first major test will be Apple's product launch event on September 9.
