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Bonk Guy Responds to Buying EMBER: Started Building Position at Around $7M Market Cap, Bullish on Its Launchpad Data Growth

Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.

Solana Social Wallet Hey Wallet Announces Cessation of Operations, Reminds Users to Back Up Their Wallets

Hey Wallet, a Solana-based social wallet, has announced the cessation of its product operations and reminded users to back up their wallets on the official website. Operating since 2021, the project previously supported users in making SOL transfers, tipping creators, minting NFTs, and trading tokens via social platforms such as X, Telegram, and Discord.

Electrum Releases Version 4.8.2, Fixing Critical Backup Issue for Lightning Wallets and Strengthening Security

Odaily Reports: Bitcoin News posted on X platform that Electrum has released version 4.8.2, introducing multiple security fixes and strengthening the security of its Bitcoin wallet codebase. The fixes are based on reports from researchers including Bitcoin Red Team, Calle, l0rinc, haoxucu, and m0wer. This version fixes a critical backup issue affecting certain Lightning wallets that use non-deterministic keys and anchor channels. Previously, affected wallets' channel backups and full wallet backups may have been missing the keys required to move funds on-chain after requesting a remote force close. Affected users will receive a warning when starting Electrum and should export new backups, as old backups cannot correctly recover funds in this scenario. This version also strengthens Lightning HTLC verification, rejects previously accepted malformed xpub/xprv keys, expands codebase security hardening, and prevents the Android QR code scanner from reading screenshots. This is Electrum's third security-focused release since July, following versions 4.8.0 and 4.8.1.

Bitcoin Suisse Plans to Relocate Half of Swiss Jobs Overseas

Swiss crypto company Bitcoin Suisse plans to relocate approximately 60 Swiss-based positions to low-cost overseas regions to support its international expansion strategy.

trade.xyz launches Events feature, supporting cross-asset unified account trading

According to an official post from trade.xyz, trade.xyz has officially launched its Events feature, further advancing its vision of establishing Hyperliquid as a universal exchange. Users can execute a variety of operations through a single unified account, including depositing spot BTC, borrowing USDC, opening SpaceX pre-IPO perpetual contracts, hedging against SK Hynix earnings events, and predicting US Open outcomes. The Events market spans sports, politics, economic, and financial sectors. Initially rolling out Up/Down contracts for stocks, commodities, and pre-IPOs, pricing is settled based on the trade[XYZ] perpetual contract market price, rather than relying on external oracles.

PYUSDx Has Processed Over $100 Million in Transaction Volume, Enabling Enterprises to Create Branded Stablecoins Within Days

Odaily News: Payment company PayPal, along with stablecoin infrastructure project M0 and crypto payment platform MoonPay, has launched PYUSDx, enabling enterprises to create stablecoin-based products within days. The platform has processed over $100 million in transaction volume, with Saturn, Concrete, and Cap having already used the technology to launch products.M0 co-founder and CEO Luca Prosperi stated that PYUSDx leaves the product layer to developers to build, allowing different enterprises to develop different products based on the same technology. USD.AI and Fairblock were also listed as related projects.May Zabaneh, Senior Vice President and General Manager of PayPal's crypto business, said the stablecoin market is rapidly maturing. On September 10, the total market cap of stablecoins was approximately $305.25 billion, with USDT accounting for 60.07%; PYUSD's market cap was approximately $2.814 billion, ranking eighth. Enterprises can issue branded digital dollars backed by PYUSD, set corresponding rules, and redeem back to PYUSD when necessary. (Bitcoin.com News)

Non-decentralized DeFi protocols will need to register with the CFTC, U.S. Senate Republicans release updated CLARITY Act text

Odaily reports: A Fox Business crypto reporter posted on X that U.S. Senate Republicans have released an updated text of the CLARITY Act following negotiations during the August recess. The ethics section appears unchanged, and the BRCA and stablecoin yield sections also remain the same. The updates include: requiring non-decentralized DeFi protocols to register with the U.S. Commodity Futures Trading Commission; limiting DeFi provisions to spot or cash digital commodity transactions, seemingly aimed at addressing tribes' concerns about blockchain-based prediction markets; and clarifying the authority of credit unions to conduct cryptocurrency business.

Sonic SVM partners with Manic to open-source a smart money scoring framework for prediction markets, increasing confidence levels to 4 times that of traditional PnL leaderboards.

Sonic SVM ($SONIC) and ecosystem project Manic have released and open-sourced the Trader Intelligence Framework (TIF), a scoring framework that evaluates prediction market traders based on judgment accuracy rather than cumulative profit and loss.

Binance Stock Trading Launches US Stock DCA Feature

According to an official announcement, Binance has introduced its US stock recurring buy feature, enabling eligible users to set up automatic purchasing plans for designated US equities and Exchange-Traded Funds (ETFs) at fixed intervals, without the need to manually execute trades each time. The feature will support 100 stocks and ETFs starting from September 10, 2026, at 18:00 (UTC+8), including assets such as Apple, NVIDIA, Tesla, Microsoft, Amazon, and the S&P 500 ETF. Binance advises that related products or features may not be available in certain regions; users should verify any location-based restrictions and note that execution prices may differ from those indicated when creating the plan.

Analysis: Bitget Offers the Most Optimal Trading Costs for Over a Dozen Popular Assets Including Apple and QQQ, with a Weighted Spread of 0.0144%

According to a report titled "2026 Stock Derivatives Explosive Growth: Crypto Exchange Landscape and Key Trends" published by RootData, the stock derivatives sector has moved from "peripheral experimentation" into a phase of "explosive volume growth," with cumulative trading volume from January to August reaching approximately $1.75 trillion.In terms of cumulative trading volume, the concentration effect among top players remains significant. Among the four exchanges, Binance leads with $853.58 billion and a 61.3% share; Bitget ranks second with $270.85 billion and a 19.5% share; OKX follows closely with $234.39 billion and a 16.8% share; Bybit ranks fourth with $33.41 billion and a 2.4% share.In terms of liquidity, based on the ±2% weighted order book depth metric, Binance and Bitget together account for over 70% of stock derivatives order book liquidity. Among them, Binance's average daily order book depth is approximately $10.1 million, with Bitget following closely at $4.82 million, while OKX and Bybit stand at $3.87 million and $1.16 million, respectively.In terms of trading costs, in a weighted spread comparison across more than a dozen recently representative popular assets, Bitget ranks first at 0.0144%, with Binance following closely at 0.0145%, placing the two essentially at the same level; OKX stands at 0.0154%, and Bybit at 0.0237%.

Arthur Hayes-backed FLOP Network releases first yellow paper, plans to launch testnet and token airdrop in Q4

Flop Labs CEO Arthur Hayes announced the release of the draft yellow paper for FLOP Network v0.5.0, proposing an AI inference metering and settlement network based on Substrate/FRAME, which employs BABE for block production and AlephBFT for finality. The project's official roadmap indicates that the FLOP testnet is slated to launch in Q4 2026, offering token airdrops through testnet participation, with the mainnet targeted for Q1 2027; however, the yellow paper remains a draft, and several parameters and mechanisms have not yet been finalized.

Bybit Alpha now supports $STONK trading

$STONK is a Solana-based token, and StonkFun is a website for issuing and trading tokens on Solana. The current on-chain price of STONK is approximately $0.2089, with a market cap of $178.65M.

Bybit Apple Stock Buzz: iPhone Duo Launch Wraps Up, Market Action Has Begun, Top 200 Share Up to 100,000 USDT

The Bybit Apple Stock Buzz Trading Competition officially launched at 18:00 Beijing Time on September 8. Rankings are based on cumulative trading volume on the AAPLUSDT perpetual contract, with a minimum cumulative trading volume of 5,000 USDT required to participate.

a16z crypto releases Lattice Jolt: The first high-performance post-quantum zkVM based on lattice cryptography

According to an official post from a16z crypto, a16z crypto has officially released Lattice Jolt, a new version of its open-source zkVM (zero-knowledge virtual machine) that fully transitions its underlying cryptography from elliptic curves to a lattice architecture, achieving post-quantum security while significantly boosting performance. Key highlights include: • Performance improvement: Proof generation speed increased by 2-3 times, reaching up to 2 million RV64IMAC cycles per second in CPU mode, and breaking through 10 million cycles per second with MacBook GPU acceleration (Apple Metal); • Smallest proof size: Proof footprint is under 100 KB, significantly outperforming other post-quantum zkVMs with sizes ranging from 200 KB to 600 KB; • Memory optimization: Memory consumption per cycle reduced from approximately 300 bytes to 200 bytes, supporting proof generation for millions of RISC-V cycles on mobile devices; • Security: Based on the standard Module-SIS assumption, providing a complete 128-bit security strength, sharing the same assumption framework as ML-DSA and ML-KEM; • New commitment scheme: The Akita polynomial commitment scheme, jointly developed by LayerZero in collaboration with institutions such as Carnegie Mellon University and the University of Southern California, replaces the original Dory scheme. a16z crypto also pointed out that hash-based SNARKs are widespread...

Algorand Appoints Former Chainlink Executive William Herkelrath as New CEO

According to CoinDesk, the Algorand Foundation has officially appointed William Herkelrath as chief executive officer, succeeding Staci Warden, who served for nearly five years. Herkelrath previously held leadership roles at blockchain data provider Chainlink and crypto custody firm Curv, and co-founded the AI automation platform K3 Labs. He officially assumed office on August 31. The Algorand Foundation stated that the new CEO will focus on driving institutional business expansion and post-quantum security initiatives. To date, Algorand has introduced post-quantum accounts based on the Falcon-1024 lattice-based signature system through its v42 consensus upgrade, with plans to achieve full quantum resistance prior to 2028. Additionally, the foundation’s board is undergoing concurrent adjustments, with Alex Fowler joining while Rebecca Rettig and Michael Mosier depart.

Polymarket odds of “foldable iPhone US launch price above $2,100” rise to 70%, up 20% in a week

Monitoring by the PPP Prediction Market Tool shows that the probability of the "foldable iPhone US launch price above $2,100" on Polymarket has risen to 70%, up 20% over the week; the probability of above $2,200 has fallen to 30%, down 29% over the week.According to the settlement rules, this market will be settled based on the pre-tax starting price of the lowest-configuration foldable iPhone for the US market as first announced by Apple; if multiple foldable iPhones are announced simultaneously, the lowest starting price among them shall prevail. If no price is announced by 23:59 ET on September 30, the market will settle as "No."According to Apple's official announcement, the fall 2026 new product launch event will be held at 1:00 a.m. Beijing time on September 10. The pricing of the first foldable iPhone has become a focal point of market attention. Previously, Bank of America, citing media reports, said its starting price could be around $2,099. According to the latest revelation from US tech journalist Mark Gurman, Apple's first foldable phone is expected to have a starting price of around $2,000.Join the PPP Signal Push Community to stay one step ahead and seize the initiative.

Goldman Sachs: Broadcom Reiterates AI Revenue Target of 230 Billion, 1GW Cluster Generates 30 Billion Annually

According to Chaotiang Research, a Goldman Sachs research report dated September 8, 2026 notes that Broadcom reaffirmed its FY27/FY28 AI revenue targets of $115 billion and $230 billion at the CommunaCopia conference, stating that supply, not demand, remains the primary constraint. Land acquisition, power capacity, and facility construction for data centers represent the true bottlenecks to AI deployment, whereas supply chain constraints remain relatively manageable. Broadcom’s $35 billion XPV partnership with Blackstone and Apollo can support over 20 gigawatts of AI compute capacity while capping Broadcom’s direct financial exposure. A 1-gigawatt AI cluster generates approximately $30 billion in annual revenue, with annual operating costs of around $10 billion. Broadcom believes that the economic value of AI primarily flows to the owners of frontier models. Annual industry training expenditure stands at approximately $200 billion. Frontier models capture roughly 75% of industry revenue ($120 billion in revenue against $100 billion in costs), while open-source models generate only about $30 billion in revenue despite similar investment levels. Goldman Sachs maintains a Buy rating, setting a target price of $540 based on 30x normalized earnings per share of $18, implying approximately 51% upside from the current stock price.

OpenAI CFO: Enterprise revenue grew 32% in a single month; Luna usage surged approximately 10x after an 80% price cut

Odaily News: OpenAI CFO Sarah Friar stated that the company is accelerating the expansion of AI into specialized fields such as chip design, life sciences, and financial services, and is experimenting with pricing based on business outcomes rather than usage. OpenAI's enterprise business revenue grew 32% from June to July this year, while the company's overall annualized revenue increased approximately 20% during the same period. As of mid-year, revenue from enterprise and consumer businesses had split roughly evenly.Additionally, OpenAI recently cut the price of its low-cost Luna model by 80%, which was followed by an approximate 10-fold increase in usage. Friar noted that in cloud deployment scenarios, Luna's cost is even lower than Z.ai's GLM 5.3. OpenAI's coding tool Codex has now reached 25 million users. The company is also leveraging its own AI models to assist in developing the Jalapeno chip and completed chip design tape-out within nine months. (Reuters)

Bybit launches perpetual contracts for major forex pairs with up to 100x leverage

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)

Bybit Alpha has now launched $OTC trading

Odaily News: Bybit Alpha has now listed $OTC for trading. $OTC is a Solana-based token that, when burned, mints an OTC Desk NFT, granting holders automatic access to tokenized stocks, Pre-IPO assets, and yield distributions. The current on-chain price of OTC is approximately $0.025, with a market cap of $16.6 million.