News Heat Trend
Project Overview
Circle(NASDAQ:CRCL) is a global financial technology firm that enables businesses of all sizes to leverage the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is the issuer of USD Coin (USDC), one of the fastest-growing dollar digital currencies powering always-on, internet-native commerce and payments. Today, Circle's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of increasing global economic prosperity through the frictionless exchange of financial value.His stock code is CRCL.
Perpetual contract platform RWAperp completes $2 million in financing
perpetual contract platform RWAperp has announced the completion of $2 million in financing, with a post-investment valuation of $50 million. Participants in the round include Lime co-founder Brad Bao, Cresta AI co-founder Tim Shi, Tesla Autopilot team member Phil Duan, Crux members William Freiberg and Charles Ferguson, as well as members of the a16z and Sequoia Scout networks.RWAperp is a decentralized perpetual contract protocol for traditional financial assets. It is currently live on OKX X Layer and has opened 19 markets, covering BTC, ETH, SOL, Korean and U.S. stocks, the S&P 500 Index, the DRAM Index, gold, silver, and WTI crude oil. Users can settle in USDC, USDT, or USDG and gain leveraged long and short exposure to stocks, indices, commodities, and crypto assets without needing to hold, custody, or tokenize the underlying assets.RWAperp primarily designs its trading, pricing, liquidity, and risk management systems around the trading characteristics of the stock market, and handles situations such as market closure periods, overnight gaps, trading halts, and corporate actions. The platform uses a multi-issuer composite oracle and provides a professional order book trading terminal.RWAperp is also developing Agent Mode. This AI feature is designed to understand natural language trading instructions, analyze market conditions, and gradually support trading execution operations such as opening positions, position management, and closing positions. (The Block)
trade.xyz Launches Events Feature, Initial Up/Down Markets Cover Stocks, Commodities, and Pre-IPO Assets
trade.xyz posted on X that it has launched Events, aiming to develop Hyperliquid into a unified trading system for trading financial assets and real-world outcomes. Users can deposit spot BTC into their unified trade.xyz account, borrow USDC through portfolio margin, open pre-IPO perpetual contract positions on SpaceX, use event markets to hedge against the upcoming SK Hynix earnings event, and pick the US Open champion. Events will cover sports, politics, economics, and financial markets; the initial Up/Down markets cover stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the source for contract settlement.
Bitcoin fork asset BTCB2 once hit $1,799, with a fully diluted valuation of $20.9 billion calculated at a price of $1,000
Odaily News: Bitcoin fork asset BTCB2 hit an all-time high of $1,799 on September 5. Over the past 4 hours, its price has fluctuated between 750 and 1,000 USDC; the Neoxa USDC market recorded a 24-hour trading volume of approximately $1 million.BTCB2 originated from a chain split that occurred on August 8, 2026, at block height 961,632. The network subsequently changed its proof-of-work algorithm to Blake2 and reduced block size, and it can now be mined using Blake2-compatible ASIC miners.Neoxa Exchange and Nonkyc.io have listed BTCB2, with the former offering BTC, USDC, and USDT trading pairs, and the latter offering a USDT trading pair. Both platforms have limited liquidity, and CoinMarketCap and CoinGecko have not yet listed the asset.Based on a BTCB2 price of $1,000, its fully diluted valuation stands at approximately $20.9 billion. Since UTXOs need to be split from Bitcoin first, transactions may otherwise be vulnerable to replay attacks; the network's hash rate has risen by 30.41% over the past 7 days, reaching approximately 5.1 PH/s. (Bitcoin.com News)
AI anti-fraud company Socure completes $156 million funding round, led by Summit Partners
: AI anti-fraud company Socure announced the completion of a $156 million strategic growth funding round, valuing the company at $5.2 billion. The round was led by Summit Partners, with participation from Wells Fargo, Goldman Sachs Alternatives (under Goldman Sachs), DocuSign, and others. In addition, the company also announced the acquisition of AI startup Fravity, aiming to leverage AI agents for fraud, risk, and compliance investigations. The specific acquisition amount has not been disclosed yet. Its anti-fraud services are currently applied to companies including crypto exchange Coinbase, stablecoin issuer Circle, digital bank Revolut, and Robinhood. (Crunchbase)
Base will invest $100,000 in each of 10 startups, launching an 8-week accelerator program focused on AI agents and other areas
: Base announced the launch of the Batches 004 accelerator program, which will select 10 startups over an 8-week program, with each receiving $100,000 in investment funded by the Base Ecosystem Fund. Applications close on September 9, and the program will hold Demo Day in New York in November. This round is aimed at pre-seed startups focused on trading, payments, funding, and AI agents, covering products that use stablecoins to support agent shopping, trading, and payments, as well as lending, e-commerce, and decentralized AI infrastructure. Teams may support multiple blockchains but must have Base as their primary network. Selected teams will receive dedicated advisors, weekly support, and exposure assistance within the Base ecosystem, and will present their projects to investors at Demo Day. Coinbase launched Agentic Wallets on Base in February and Coinbase for Agents in June, which respectively enable AI agents to hold USDC and pay via the x402 protocol, and to directly connect to user accounts. (Decrypt)
Grayscale: HYPE Still Undervalued, Forward P/E Ratio Approximately 15 to 18 Times
Grayscale stated HYPE's forward P/E ratio is approximately 15 to 18 times. Hyperliquid possesses real cash flow and can therefore be valued like a stock, but the valuation is based on earnings per token rather than earnings per share. Based on this, compared with fintech peers such as Coinbase, Robinhood, and Circle, HYPE still appears inexpensive. Market data shows that HYPE is currently trading at $55.32, down 1.5% in the past 24 hours.
KRWQ removes tokenized South Korean government bonds from reserve assets.
According to reports from Seoul Economic Daily, the overseas KRW-denominated stablecoin KRWQ has removed tokenized Korean Treasury Bonds (KTB) from its reserve assets, approximately six months after their inclusion. KRWQ's reserves currently consist only of two USD stablecoins: USDC and frxUSD. KTB was co-issued by Shinhan Securities and the RWA tokenization platform Etherfuse, with underlying assets comprising Korean government bonds with maturities of one year or less. Shinhan Securities stated that upon learning KTB was used as a reserve asset, it considered the move a compliance risk and directed Etherfuse to remove it, while emphasizing that there is no cooperative relationship between Shinhan Securities and KRWQ. Previously, KRWQ had promoted itself as "the first KRW stablecoin to adopt tokenized Korean government bonds as reserve assets," and the project continues to face scrutiny over money laundering allegations.
Block Plans to Establish Bitcoin and Stablecoin Custody Trust Bank, Applies for U.S. Federal Bank Charter
Odaily reports: Block, the payment company founded by Jack Dorsey, has submitted an application to the U.S. Office of the Comptroller of the Currency to establish an uninsured national trust bank named Builders Bank & Trust, N.A. Proposed president and CEO Lee Woolley stated that the bank will leverage Block's experience in digital assets, the history of Square Financial Services, and the team's banking expertise to provide custody and other trust services including Bitcoin and stablecoins, and to establish a federal regulatory framework for some of Block's existing custody operations.This application joins the ranks of fintech and crypto companies seeking federal bank charters. Since 2025, the U.S. Office of the Comptroller of the Currency has received 40 applications for new bank charters, approved 21, and rejected only 2. Previously, Revolut received conditional approval, and Coinbase, Paxos, BitGo, Ripple, and Circle have also joined the related ranks.
Circle Agrees to Acquire Tazapay for $400M in All-Stock Deal, Involving Over $25B in Annual Payment Volume
Odaily News: Stablecoin issuer Circle has agreed to acquire Singapore-based payment infrastructure company Tazapay in an all-stock transaction valued at $400 million. The deal is expected to close in 2027 and remains subject to regulatory approvals, including approval from the Monetary Authority of Singapore.Tazapay has over 60 banking and fintech partners, providing local payout infrastructure across more than 100 markets, with annualized payment volume exceeding $25 billion, of which approximately 60% of transactions involve stablecoins.Tazapay has served as a design partner for the Circle Payments Network since 2025. Circle CEO Jeremy Allaire stated that combining USDC, Tazapay's banking network, and institutional client base can drive global adoption; Circle's Senior Vice President of Payment Business Irfan Ganchi noted that the acquisition will enhance its global payment send and receive capabilities. (Bitcoin.com News)
Bank of America Completes USDC Stablecoin Cross-Border Payment Test, Exploring Broader Commercial Applications
According to CoinDesk, U.S. Bank, the fifth-largest commercial bank in the United States, announced that it has completed a cross-border real-time payment using its self-developed US dollar stablecoin, USBDC. The transaction was executed between entities in North America and Europe via the Stellar blockchain. This test covered USBDC’s minting, redemption, freezing, and recall functions, while also verifying the compatibility of the bank's internally developed Digital Asset Platform with its financial, compliance, and risk control systems. U.S. Bank stated that it is exploring the application of USBDC in scenarios such as cross-border financial operations, liquidity management, and collateral transfers, though it has not yet disclosed a timeline for customer rollout. Previously, 21 financial institutions including Bank of America, Citigroup, and Goldman Sachs announced plans to jointly issue a stablecoin, while several European banks have formed the Qivalis alliance to issue a euro stablecoin, indicating an increasingly clear trend of banks entering the stablecoin sector.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Circle to Acquire Singapore Cross-Border Payment Platform Tazapay, Expanding Global Payment Infrastructure
Circle Internet Group announced that it has signed a definitive agreement to acquire Tazapay, a Singapore-based B2B cross-border payment infrastructure company. The transaction is expected to close in 2027, subject to customary closing conditions and regulatory approvals, including approval from the Monetary Authority of Singapore.
Arc Ecosystem USDC Redeems at 1.8x Premium, Crab.fun Beta Launches on Base Tonight
Interest from users seeking early positioning in the Arc chain ecosystem under Circle continues to surge, with premiums for related USDC exchanges peaking at 1.8x. According to official updates, Crab.fun, a Meme issuance platform built for Arc, will roll out its Early Access version on the Base chain tonight at 21:00 to attract users and creators, securing early footholds in the Arc Meme ecosystem. According to reports, the Crab.fun Early Access utilizes the Strategy Vault issuance framework. A 1.5% trading fee applies, with creators waiving their revenue share: 1% flows into the Community Strategy Vault, and 0.5% is allocated for protocol buybacks. Under the Strategy mode, creators must nominate three fomo.family (http://fomo.family/) IDs as candidate traders. Once the vault accumulates 10,000 USDC, claims open. The first verified participant becomes the permanent Strategic Trader for the token and can deploy vault capital across markets including crypto, memes, equities, forex, commodities, and indices. Trading profits are split evenly: 50% goes to the trader, and the remaining 50% funds buybacks of the community token. The Crab.fun Early Access will open 80% of the token supply for subscription at a fixed price. Upon reaching the 4,000 USDC graduation milestone, tokens will be instantly mapped and airdropped to users at a 1:1 ratio.
Ampleforth Treasury's ~$2.5 Million at Risk from Malicious Governance Proposal
Odaily report: According to Defimon monitoring, a suspicious proposal 54 has appeared in Ampleforth's governance system Governor Bravo, involving approximately $2.5 million in treasury funds. The incident has been classified as an access control risk and malicious governance proposal, and the related funds have not yet been transferred out. The Ampleforth timelock contract currently holds approximately 2.538 million USDC, meaning the proposal involves nearly all treasury assets. The proposer disclosed that they authored the proposal themselves and plans to vote through a delegated address holding 87,238 FORTH, approximately 0.57% of the supply, slightly above the 75,000 FORTH proposal threshold. The proposal quorum is 600,000 FORTH, valued at approximately $132,000 at FORTH's current price of $0.22.
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.
A whale spent $4.4 million to buy 15.06 million STONK yesterday.
According to on-chain data, whale BS3YsB purchased 15.06 million STONK yesterday using 4.4 million USDC, at an average buy price of approximately $0.295.
Unrealized Profit of $10 Million: Point Farm Capital Achieves 10x Return Through STONK
According to on-chain analyst Yu Jin's monitoring, Point Farm Capital (Beqv6d...qeit) has invested a total of $1 million USDC to purchase 37.21 million STONK tokens at an average market cap of $21 million. STONK's market cap has now reached $240 million, with an unrealized profit of $10 million, approximately 10 times the invested amount.
In 4 Days, a Whale Spent 85.42 Million USDC to Cross-Chain Buy 1,075.6 BTC
Odaily reports, according to on-chain analyst Yu Jin's monitoring, a whale completed a cross-chain BTC purchase 2 hours ago. Over the past 4 days, this whale spent a total of 85.42 million USDC to buy 1,075.6 BTC, with an average cost of $79,412, including approximately $170,000 in swap fees paid to THORChain.
Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Tectonic hit by oracle manipulation attack, $120.4 million in assets stolen
According to the post-incident report released by Tectonic, the Cronos blockchain lending protocol Tectonic suffered an oracle manipulation attack at 12:49 UTC on August 30, 2026. By repeatedly borrowing and re-collateralizing TONIC tokens 98 times within a single transaction, the attacker drove up the TONIC collateral price by approximately 195 times. Leveraging this artificially inflated value, they subsequently extracted assets with a nominal value of $120.4 million from nine lending markets, spanning USDC, USDT, WBTC, WETH, and other assets. The attacker then bridged the stablecoins to Ethereum and converted them to ETH, while selling the remaining assets for CRO on the Cronos chain before withdrawing them. Approximately $9.19 million in total successfully escaped before the network halt. At 14:32 UTC, Cronos validators emergency-paused the network, rolling back the on-chain state to pre-attack conditions and restoring assets still held on Cronos. Currently, Tectonic's supply and borrowing functions remain suspended, while withdrawal and repayment capabilities continue normally. Tracing efforts for the stolen funds are being coordinated by blockchain forensics firms, law enforcement agencies, and stablecoin issuers, with freeze requests already filed with the relevant issuers.
Loss of approximately $104,000: Secured Finance lending market suffers attack
Odaily News: The decentralized lending protocol Secured Finance's lending market was attacked on September 5, resulting in a loss of approximately $104,000. The root cause was that collateral was priced based on the average execution price of the order book for the current block, allowing attackers to influence the price through self-trading, causing fraudulent lending positions to be counted as valid collateral. The attacker initially deployed the contract but did not execute immediately, then used flash loans and self-trading to inflate the price and withdraw USDC. The original attacking wallet was rolled back due to insufficient gas fees; approximately 48 seconds later, the general-purpose sandwich bot coffeebabe took about 0.9 WBTC, worth approximately $72,000, and transferred about 28.8 ETH of it to the ultra sound money builder, keeping only about $29 for itself. Subsequently, another bot took part of the USDC.
Bitcoin fork asset BTCB2 once hit $1,799, with a fully diluted valuation of $20.9 billion calculated at a price of $1,000
Odaily News: Bitcoin fork asset BTCB2 hit an all-time high of $1,799 on September 5. Over the past 4 hours, its price has fluctuated between 750 and 1,000 USDC; the Neoxa USDC market recorded a 24-hour trading volume of approximately $1 million.BTCB2 originated from a chain split that occurred on August 8, 2026, at block height 961,632. The network subsequently changed its proof-of-work algorithm to Blake2 and reduced block size, and it can now be mined using Blake2-compatible ASIC miners.Neoxa Exchange and Nonkyc.io have listed BTCB2, with the former offering BTC, USDC, and USDT trading pairs, and the latter offering a USDT trading pair. Both platforms have limited liquidity, and CoinMarketCap and CoinGecko have not yet listed the asset.Based on a BTCB2 price of $1,000, its fully diluted valuation stands at approximately $20.9 billion. Since UTXOs need to be split from Bitcoin first, transactions may otherwise be vulnerable to replay attacks; the network's hash rate has risen by 30.41% over the past 7 days, reaching approximately 5.1 PH/s. (Bitcoin.com News)
Notional Finance custody contract suspected hack, ~$1.7M in assets lost
According to PeckShieldAlert citing Specter's monitoring, Notional Finance's custody contract may have been exploited, resulting in approximately $1.7 million in DAI and USDC losses. The attacker has converted the stolen funds into 689.2 ETH and deposited them into Tornado Cash.
Perpetual contract platform RWAperp completes $2 million in financing
perpetual contract platform RWAperp has announced the completion of $2 million in financing, with a post-investment valuation of $50 million. Participants in the round include Lime co-founder Brad Bao, Cresta AI co-founder Tim Shi, Tesla Autopilot team member Phil Duan, Crux members William Freiberg and Charles Ferguson, as well as members of the a16z and Sequoia Scout networks.RWAperp is a decentralized perpetual contract protocol for traditional financial assets. It is currently live on OKX X Layer and has opened 19 markets, covering BTC, ETH, SOL, Korean and U.S. stocks, the S&P 500 Index, the DRAM Index, gold, silver, and WTI crude oil. Users can settle in USDC, USDT, or USDG and gain leveraged long and short exposure to stocks, indices, commodities, and crypto assets without needing to hold, custody, or tokenize the underlying assets.RWAperp primarily designs its trading, pricing, liquidity, and risk management systems around the trading characteristics of the stock market, and handles situations such as market closure periods, overnight gaps, trading halts, and corporate actions. The platform uses a multi-issuer composite oracle and provides a professional order book trading terminal.RWAperp is also developing Agent Mode. This AI feature is designed to understand natural language trading instructions, analyze market conditions, and gradually support trading execution operations such as opening positions, position management, and closing positions. (The Block)
Long: Stock tokens are backed 1:1 by real stocks held on Robinhood, and the current discount stems from a USDC premium
in response to community skepticism, Arc ecosystem Launchpad Long posted on X platform stating that the stock tokens issued by Long are backed 1:1 by real stocks held on Robinhood. The relevant asset backing can be verified through on-chain bridge vaults, and 1:1 redemption is available between Robinhood Chain and Arc.It stated that Arc native USDC currently has approximately a 2x premium due to the cross-chain bridge not yet being open, causing stock tokens denominated in it to show prices lower than the underlying stock market prices. With the Arc public mainnet and native USDC cross-chain bridge opening on September 16, the premium is expected to gradually return to normal. At that time, Long also plans to provide deep liquidity for the CRCL/USDC trading pair, and launch a stock rewards model, Launchpad native USDC support, and more stock issuers.Previously—hilariously—Arc mainnet will launch on September 16. BonkGuy posted today stating that it has recently begun short-term positioning in Arc, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on the platform. Subsequently, crypto KOL 0xShawn stated that the long.supply platform is a platform that has rug permissions at any time.
Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
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.
Anchorage Digital Partners with Frgmnt to Open fUSD and sfUSD Stablecoin Infrastructure to Institutions
Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)
Circle to Fully Exit Noble Chain in January, Ceasing New USDC Minting from October
Odaily News: Circle has announced it will stop supporting USDC and CCTP V1 on the Noble blockchain, and Noble will not integrate CCTP V2. Starting October 13, 2026, Circle Mint will cease minting new USDC on Noble, while redemptions will remain open until January 12, 2027. After that, the USDC contract and CCTP routing on Noble will be fully suspended.Circle advises users to migrate their USDC on Noble to other supported networks before the deadline. A snapshot of remaining balances will be taken at the time of suspension, and a manual redemption process will be initiated on January 13, 2027.
Related news
ARK Invest reduces stakes in Coinbase, Circle and other crypto-related stocks on Monday
According to The Block, Cathie Wood's Ark Invest significantly trimmed multiple holdings on Monday amid a rally in crypto-related stocks, including Coinbase, Circle, Bullish, and Bitmine. The firm sold $7 million worth of Coinbase stock, $13.87 million worth of Circle stock, $3.96 million worth of Bitmine stock, and $687,700 worth of Bullish stock. Additionally, Ark Invest sold $40 million worth of Ark 21Shares Bitcoin ETF (ARKB).
Perpetual contract platform RWAperp completes $2 million in financing
perpetual contract platform RWAperp has announced the completion of $2 million in financing, with a post-investment valuation of $50 million. Participants in the round include Lime co-founder Brad Bao, Cresta AI co-founder Tim Shi, Tesla Autopilot team member Phil Duan, Crux members William Freiberg and Charles Ferguson, as well as members of the a16z and Sequoia Scout networks.RWAperp is a decentralized perpetual contract protocol for traditional financial assets. It is currently live on OKX X Layer and has opened 19 markets, covering BTC, ETH, SOL, Korean and U.S. stocks, the S&P 500 Index, the DRAM Index, gold, silver, and WTI crude oil. Users can settle in USDC, USDT, or USDG and gain leveraged long and short exposure to stocks, indices, commodities, and crypto assets without needing to hold, custody, or tokenize the underlying assets.RWAperp primarily designs its trading, pricing, liquidity, and risk management systems around the trading characteristics of the stock market, and handles situations such as market closure periods, overnight gaps, trading halts, and corporate actions. The platform uses a multi-issuer composite oracle and provides a professional order book trading terminal.RWAperp is also developing Agent Mode. This AI feature is designed to understand natural language trading instructions, analyze market conditions, and gradually support trading execution operations such as opening positions, position management, and closing positions. (The Block)
Arc Ecosystem USDC Redeems at 1.8x Premium, Crab.fun Beta Launches on Base Tonight
Interest from users seeking early positioning in the Arc chain ecosystem under Circle continues to surge, with premiums for related USDC exchanges peaking at 1.8x. According to official updates, Crab.fun, a Meme issuance platform built for Arc, will roll out its Early Access version on the Base chain tonight at 21:00 to attract users and creators, securing early footholds in the Arc Meme ecosystem. According to reports, the Crab.fun Early Access utilizes the Strategy Vault issuance framework. A 1.5% trading fee applies, with creators waiving their revenue share: 1% flows into the Community Strategy Vault, and 0.5% is allocated for protocol buybacks. Under the Strategy mode, creators must nominate three fomo.family (http://fomo.family/) IDs as candidate traders. Once the vault accumulates 10,000 USDC, claims open. The first verified participant becomes the permanent Strategic Trader for the token and can deploy vault capital across markets including crypto, memes, equities, forex, commodities, and indices. Trading profits are split evenly: 50% goes to the trader, and the remaining 50% funds buybacks of the community token. The Crab.fun Early Access will open 80% of the token supply for subscription at a fixed price. Upon reaching the 4,000 USDC graduation milestone, tokens will be instantly mapped and airdropped to users at a 1:1 ratio.
Long: Stock tokens are backed 1:1 by real stocks held on Robinhood, and the current discount stems from a USDC premium
in response to community skepticism, Arc ecosystem Launchpad Long posted on X platform stating that the stock tokens issued by Long are backed 1:1 by real stocks held on Robinhood. The relevant asset backing can be verified through on-chain bridge vaults, and 1:1 redemption is available between Robinhood Chain and Arc.It stated that Arc native USDC currently has approximately a 2x premium due to the cross-chain bridge not yet being open, causing stock tokens denominated in it to show prices lower than the underlying stock market prices. With the Arc public mainnet and native USDC cross-chain bridge opening on September 16, the premium is expected to gradually return to normal. At that time, Long also plans to provide deep liquidity for the CRCL/USDC trading pair, and launch a stock rewards model, Launchpad native USDC support, and more stock issuers.Previously—hilariously—Arc mainnet will launch on September 16. BonkGuy posted today stating that it has recently begun short-term positioning in Arc, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on the platform. Subsequently, crypto KOL 0xShawn stated that the long.supply platform is a platform that has rug permissions at any time.
Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
Circle Acquires Tazapay for $400 Million to Expand into Emerging Markets
Circle signed an approximately $400 million all-stock agreement to acquire Tazapay, its largest acquisition since 2018. Tazapay's payment network across APAC and emerging markets will help Circle expand the adoption of USDC in the region.