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Paradigm co-founder Matt Huang posted on the X platform outlining some views on Zcash. He stated that blockchain ecosystems generally face the challenge of long-term funding sources, especially for public goods financing, and that funding developer funds through an inflation mechanism is a viable approach. He believes that amid the backdrop of AI-enhanced cyberattack capabilities and the rapid development of quantum technology, the Zcash developer fund remains highly significant.Matt Huang also stated that as Zcash gains greater acceptance and adoption as a privacy supplement to Bitcoin, governance relying purely on coin-holder voting may introduce unpredictability and affect its ability to build long-term trust as a monetary asset. Therefore, Zcash is better suited to combining coin-holder voting with other governance approaches. Matt Huang also disclosed that Paradigm is an investor in ZEC and ZODL.In the early hours of today, ZEC briefly broke above $1,385, setting a new all-time high.
Bloomberg reported that stablecoin issuer Tether has become a major gold lender. As of the end of June, the financing Tether provided to the U.S. gold trading platform Gold.com accounted for the majority of its $1.7 billion in outstanding precious metals loans, with Gold.com’s payables and advances to Tether totaling $1.45 billion. Tether took a stake in the platform earlier this year.
Galaxy Research reports that in Q2 2026, 384 venture capital transactions were completed in the cryptocurrency and blockchain sector, raising approximately $5.68 billion. This represents sequential growth of 10% and 31%, respectively, with the increase primarily driven by later-stage funding. Exchanges, investment firms, and lending entities secured around $3.523 billion, accounting for roughly 60% of the quarter's total investment; U.S.-based companies captured 73.5% of the investment funds.
JPMorgan Chase, KeyCorp, and Bank of New York Mellon announced they will raise their prime rates from 6.75% to 7%, with the new rate taking effect on Thursday. This move will directly increase borrowing costs for consumers and businesses.
The bankruptcy estate of Celsius has sued BitMEX and related entities, alleging that they maliciously liquidated user positions by manipulating the mechanism during the March 2020 crash. The case involves claims to recover losses totaling approximately 6,360 BTC for Celsius and the JST Fund, equivalent to roughly $495 million USD.
Odaily News — The funding round was led by Blockchain Capital, with participation from Janus Henderson, Strobe Ventures, Venture Dept, Neoclassic Capital, and the Avalanche Foundation. Aave CEO Stani Kulechov, Tether co-founder Phil Potter, and Privy CEO Henri Stern also participated in the investment. Tare plans to develop loan management software on Avalanche, creating digital records for loans and automating back-office processes such as record-keeping, payment distribution, and transaction verification, in order to consolidate fragmented private credit business processes and reduce intermediary and operational costs.
According to Fortune, AI startup Arcee AI announced the completion of its Series B funding round, raising at least $150 million with a pre-money valuation of $1 billion. The round was led by Vista Equity Partners, Cambium Capital, and Emergence Capital, with participation from Microsoft M12, Hitachi, Wipro, and other investors. Founded in 2023 by Mark McQuade, an early employee at Hugging Face, Arcee AI focuses on developing open-weight models. The company trained four open-weight models, including the 400-billion-parameter model Trinity Large, for only about $20 million, achieving performance comparable to Meta’s Llama 3 and leading Chinese models. The funding will support new model R&D, product expansion, and deeper collaboration with the U.S. Department of Energy.
Odaily News: Blockchain financial platform Theo has launched a tokenized silver product called thSLVR, with $40 million in active silver lease commitments. The token distributes lease fees paid by institutional borrowers to holders while maintaining exposure to silver.The product expands Theo's commodity financing business from gold to silver and will support its stablecoin thUSD. (CoinDesk)
According to EU-Startups, Berlin-based AI services company Integral announced the closing of an €18 million Series A financing round, co-led by Mosaic Ventures and Reid Hoffman, with Cherry Ventures, General Catalyst, and Puzzle Ventures participating. Since its founding in 2024, the company has raised over €30 million in cumulative funding. Integral specializes in providing AI-driven accounting, tax, and payroll services for SMEs. It leverages AI agents to handle invoice reconciliation, bookkeeping, payroll calculation, and tax filing, with every document reviewed and signed by licensed professionals. Currently, over 50% of its clients have achieved fully automated accounting processes, shortening the monthly accounting cycle from several weeks to just a few hours.
According to Cointelegraph, the U.S. Senate failed to advance a procedural vote on the Digital Asset Market Clarity Act (CLARITY Act) on Tuesday. Bernstein analysts anticipate that the SEC and CFTC will subsequently embark on "proactive and swift" rulemaking to compensate for the time lost during prior negotiations. The forthcoming regulations are expected to cover: classification criteria for token offerings, developer protections for DeFi and self-custody protocols, innovation exemptions for equity tokenization, an expedited approval pathway for physical asset perpetual futures, and swap designation rules for federal sports event contracts. Bernstein pointed out that the CLARITY Act was originally intended to provide the industry with institutional safeguards against "shifts in political winds," and its defeat has once again cast doubt on regulatory certainty. Analysts also noted that the likelihood of a reconsidered vote on the bill remains low.
Bernstein analysts said that after the U.S. Senate failed to pass the procedural vote on the Digital Asset Market Clarity Act, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are expected to accelerate the development of digital asset regulatory rules.The analysts expect the new rules to cover the classification of fundraising tokens, protections for DeFi and self-custody protocol developers, innovation exemptions for equity tokenization, approval of real-world asset perpetual futures, and adjustments to swap classification rules for federal sports event contracts. (Cointelegraph)
According to EU-Startups, Lyon-based AI-driven Vulnerability Operations Center (VOC) Hackuity has announced the completion of a €16 million funding round (approximately $19 million), led by Forgepoint Capital International alongside Bright Pixel, Bpifrance, and Seventure Partners, bringing its cumulative funding to €32 million. The funds will be allocated toward product innovation, AI capability enhancements, and expansion into European and Asian markets. Hackuity’s platform integrates data from over 130 security tools, automating vulnerability prioritization and remediation through a proprietary risk scoring engine. It currently serves more than 6,000 users, protects over 2 million assets, and manages 1 billion security findings, with enterprise clients including ENGIE, BPCE, and Orange Cyberdefense.
PPP prediction market monitoring shows that on Polymarket, the probability of "OpenAI's valuation will reach $1 trillion by the end of 2026" has risen to 82%, up 20% in 24 hoursIf from the event creation date through December 31, 2026, the OpenAI NPM Price published by Nasdaq Private Market corresponds to a private market valuation that at any point reaches or exceeds the target valuation set by the event, it resolves as "Yes"; otherwise, it resolves as "No."NPM publishes data only on trading days and updates it at 1:00 PM ET the following day. If by January 1, 2027, relevant data has still not been published, the event may remain open at the latest until January 4 at 11:59 PM.If OpenAI conducts an IPO or direct listing during this period, then in addition to the pre-listing NPM valuation, the valuation corresponding to the official offering price and the public market market cap from after listing through December 31, 2026, will also be referenced. Public market cap is calculated as "the highest/lowest official trading price on a trading day × the total number of outstanding common shares at that time."In simple terms: as long as before the end of 2026, OpenAI has at any point reached the valuation threshold set by the event according to NPM or official post-listing market data, it counts as "Yes."Join the PPP signal push community to stay one step ahead and seize the opportunity.
Odaily reports: Prediction market platform Kalshi is seeking to raise at least $750 million at a $40 billion valuation, doubling its $22 billion valuation from six months ago. The platform was approved as a designated contract market by the U.S. Commodity Futures Trading Commission (CFTC) in 2021.As of September 4, Kalshi's trading volume over the past 30 days reached $14.1 billion, while Polymarket's stood at $3.1 billion, with Kalshi accounting for approximately 82% of their combined trading volume. More than 80% of Kalshi's trading volume comes from sports events. (Bitcoin.com News)
Odaily News: U.S. Democratic Senator Elizabeth Warren stated that she still hopes to push a crypto regulatory bill into law, but does not support the current version of the Clarity Act.Warren said the Clarity Act is Washington's first opportunity to achieve "meaningful crypto regulation," but any bill must include several core elements: regulating public officials' crypto investments, protecting national security and consumers, and strengthening the fight against illicit finance and terrorist financing.Her stance could become more critical next year. If Democrats regain control of the Senate after the November election, Warren could become chair of the Senate Banking Committee, one of the key bodies for digital asset regulatory legislation. The article notes that Kalshi prediction markets currently show a 52% probability of Democrats retaking the Senate.When asked whether she would lead crypto legislation if she headed the Banking Committee, Warren said she would be willing. She said she is willing to sit down with Democrats, Republicans, and the industry to craft a crypto bill that protects national security, protects the economy, and reduces corruption.
OpenAI is discussing a new round of private financing with investors, targeting a valuation of approximately $1.2 trillion to prepare for an IPO. The company's annualized revenue has already exceeded $40 billion, but CEO Sam Altman stated that the listing may not occur earlier than 2027.
A BIS research report shows that Bitcoin on-chain transfer values may contain errors of up to six times due to differing statistical methodologies, and traditional market capitalization calculation methods may also deviate from actual figures by up to four times.
Dragonfly managing partner Haseeb Qureshi stated that price movements in onchain Pre-IPO derivatives reflect interesting market expectations for AI lab valuations. He noted that Jacob Coxon's earlier pessimistic remarks about AI risk actually pushed related lab valuations higher, arguing that "scaring everyone seems to be good for business."Haseeb said that after Anthropic CEO Dario Amodei proposed "slowing the frontier race," related valuations were not significantly affected, which is not surprising, since reducing the model race means training spending declines, thereby lowering major capital expenditures. However, after David Sacks publicly criticized Dario, Anthropic's valuation was largely unaffected, while OpenAI's valuation declined, and he raised questions about the reason for this.
According to TheEnergyMag, Hut 8 has filed for a nearly $399 million construction project at its Beacon Point AI data center campus near Corpus Christi, Texas. The project involves a data center building of approximately 657,000 square feet, expected to commence construction on September 28 and be completed by November 2027. The campus has currently signed two 15-year leases for 352 MW each, bringing the total contracted capacity to 704 MW, with base lease contract values totaling approximately $19.6 billion; the initial phase has secured $4.25 billion in financing support.
According to EU-Startups, Rome-based Physical AI cybersecurity company Exein has announced the completion of a new funding round totaling €234 million (approximately $270 million), valuing the firm at €1.4 billion (around $1.7 billion) and making it Europe's most highly valued cybersecurity startup. The round was led by Headline, with participation from Sofina, Goldman Sachs, the European Investment Bank, KfW Capital, and T.Capital, while J.P. Morgan concurrently expanded its revolving credit facility.