News linked to both this project and an event.
According to Decrypt, Solana treasury company DeFi Development Corp (DFDV) announced the acquisition of an additional 55,491 SOL tokens (approximately $5.78 million), bringing its total SOL holdings to approximately 2.389 million, representing a roughly 2% increase from August 27. Meanwhile, the company announced the launch of a $300 million ATM program for CHAD variable-rate Series C perpetual preferred shares, with New York broker R.F. Lafferty & Co. acting as the sole sales agent, and the proceeds intended primarily to further increase SOL holdings. The company noted that issuance will only occur when the price is at or above a $10 par value per share, with no mandatory selling requirements. CHAD's first issuance was completed on September 8, raising approximately $11 million, with Fundstrat founder Tom Lee participating in the subscription. As CHAD comprises non-convertible preferred shares, any subsequent issuances will not dilute the equity of common shareholders.
Odaily reports: The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), has launched the "Demat 2.0" pilot to issue and settle corporate bond tokens on permissioned ledgers operated by NSDL and CDSL, covering a corporate bond market of approximately $620 billion.State-owned lender REC, Larsen & Toubro, and non-bank lender IIFL Finance have collectively raised approximately $107 million through this framework. The system connects to the RBI's wholesale digital rupee to enable simultaneous settlement of bonds and funds, and automates interest payments and redemptions via smart contracts.SEBI stated that the legal terms, credit ratings, trustee arrangements, listing rules, and investor protections for tokenized bonds remain unchanged. Investors can hold tokens in their existing Demat accounts, with secondary trading and retail participation to be introduced in subsequent phases. (Decrypt)
Odaily News: Decentralized lending protocol Pencil Finance has completed the fundraising, disbursement, repayment tracking, and fund return of a $1 million student loan portfolio entirely on-chain, constituting a full financing and repayment cycle. Animoca Brands, Open Campus, and NewCampus provided funding for this portfolio in July 2025.Education financing company ErudiFi disbursed the majority of funds through student loans and tuition financing in Southeast Asia, covering markets such as Indonesia and the Philippines. The portfolio ran for 12 months, supporting more than 6,600 students across 118 schools and universities, with approximately 1,050 students receiving funding directly attributable to Pencil Finance.Investors were split into senior and subordinated tranches — the former receiving fixed returns with priority repayment rights, while the latter earned variable returns and bore the first losses from defaults. Pencil Finance claims this is the first fully on-chain student loan cycle, but did not disclose interest rates, investor yields, default rates, or blockchain transaction records. (Decrypt)
Odaily News: Blockchain-native fintech startup OpenReserve received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) on September 2 to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than five months, with OpenReserve submitting its application on April 13.OpenReserve must raise at least $210 million in initial paid-in capital within 12 months and maintain a minimum Tier 1 leverage ratio of 12% for three years after opening. It must also commence operations within 18 months, or the approval will lapse. The relevant deadlines are September 2027 and March 2028, respectively.OpenReserve plans to offer tokenized deposits, treasury management, foreign correspondent banking, and Banking-as-a-Service for institutional clients. The full-service national bank charter, upon final approval, would allow it to accept deposits and conduct lending activities.OpenReserve previously completed a $25 million seed funding round led by a16z crypto, with participation from Coinbase Ventures, Jump Capital, and Wintermute Ventures, among others. The company plans to establish a wholly-owned subsidiary to issue and redeem dollar-denominated, reserve-backed stablecoins, but that subsidiary has not yet filed an application with the OCC. (Decrypt)
Odaily News: The U.S. Federal Bureau of Investigation (FBI) has seized approximately $560,000 in cryptocurrency and taken control of the domain and servers of a fundraising website linked to Hamas. The U.S. Department of Justice stated that these funds were allegedly intended for use by Hamas's military wing, Al Qassam Brigades.Investigators tracked and confiscated the relevant crypto assets based on three seizure warrants issued on March 25, June 25, and October 10, 2025. Court documents show that the assets involved include Bitcoin, Ethereum, Wrapped Ethereum, Tether (USDT), and TRON (TRX), distributed across 18 addresses controlled by Tether and 3 Binance accounts.According to court documents, encrypted chat groups had directed supporters to visit AlQassam.ps and solicited donations via rotating wallet addresses. After the FBI took over the relevant domain and servers, it obtained information on thousands of individuals who had contacted Hamas to inquire about making donations. (Decrypt)
Odaily News Crypto enterprises, asset managers, market makers, and consumer advocacy groups have submitted comments to the U.S. Securities and Exchange Commission (SEC) in response to its request for input on the regulatory framework for "novel ETFs," covering exchange-traded products such as crypto assets, private assets, event contracts, and leveraged strategies.Crypto industry organization Crypto Council for Innovation (CCI) recommended extending certain regulatory accommodations applicable to ETFs to non-ETF exchange-traded products. Venture capital firm Andreessen Horowitz (A16z) stated that the SEC should assess products based on their underlying assets and risk profiles, rather than treating all novel ETFs as a single category.Grayscale opposed adding new portfolio restrictions for mature digital asset products, while Chainalysis suggested leveraging public blockchains to enable real-time monitoring and verifiable disclosures. Kalshi expressed support for including event contracts in registered funds, whereas consumer advocacy group Public Citizen opposed offering event contract ETFs to retail investors. The SEC will evaluate whether to adopt a unified regulatory framework or craft separate rules based on product structure and risk. (Decrypt)
According to Decrypt, South Korea's Gwangju Metropolitan Police Agency arrested four Uzbek citizens on charges of "terrorist financing," one of whom appears on the Interpol Red Notice list. The principal suspect is accused of, between August 2024 and April 2025, sending a total of 4,267 USDT via seven transfers to the UN-designated terrorist organization Katibat Tawhid wal Jihad (KTJ), while simultaneously receiving cryptocurrency from KTJ to purchase 11 used cars and 2 excavators (totaling approximately 170,000 Korean won, equivalent to roughly $121,000) for shipment to Syria. Police stated that this case marks South Korea's first involving the receipt of crypto funds from a terrorist organization and their return in the form of physical goods.
Odaily News – Enterprise software company Strategy holds 840,400 BTC valued at approximately $66.4 billion. Based on a Bitcoin price of roughly $79,007, this represents an increase of about 4.4% from the average purchase cost of $75,653, with paper profits exceeding $2.8 billion.Michael Saylor posted a holdings chart on Sunday with the caption "We're Back." Strategy has not added to its Bitcoin position for about two months and typically discloses weekly purchases on Monday mornings; this post did not indicate whether a purchase is imminent.Strategy recently raised $334 million by selling MSTR stock without touching its Bitcoin holdings; in recent months, it has also sold small amounts of Bitcoin to pay preferred stock dividends and fund share buybacks. (Decrypt)
Odaily News: Digital asset infrastructure company BitGo has announced the completion of its acquisition of NYDIG's institutional trading business. The transaction employs a two-step merger structure, with total consideration of approximately $42.5 million, including $7 million in cash and approximately $35.5 million in BitGo stock.The business brings approximately 30 NYDIG employees and institutional client relationships into BitGo, offering derivatives, structured products, financing, and capital markets solutions to asset management firms, hedge funds, corporations, and family offices.The transaction also includes performance-based incentive provisions, including a $10 million cash payment tied to a revenue milestone, up to $5 million in cash and additional shares tied to a second milestone, as well as retention incentives for transferred employees.NYDIG will focus on power generation, Bitcoin mining, and high-performance computing data center operations, with the company disclosing a development pipeline exceeding 3 gigawatts. BitGo recently completed its IPO on the New York Stock Exchange, with a post-issuance valuation of approximately $2 billion, and launched the USDS token. (Decrypt)
Odaily News: Business intelligence software company Strategy holds 840,447 BTC at an average purchase price of $75,385. After Bitcoin rose for five consecutive days, breaking above $78,000, the position has returned to profitability for the first time since July.Based on a Bitcoin price of $78,400, the position is valued at approximately $65.89 billion, representing paper gains of about $2.53 billion against the initial investment of $63.36 billion, a return of roughly 4%. Over the past six weeks, the position's value has fluctuated by approximately $15.5 billion.Since May, Strategy has sold 6,948 BTC, raising approximately $432.5 million. During the same period, the company raised $334 million through sales of MSTR stock, deploying the funds toward preferred stock dividends, STRC buybacks, and dollar reserves, the latter of which currently stand at $6.7 billion. (Decrypt)
According to Reuters as cited by Decrypt, Wang Xiaogang, chairman of Chinese robotics startup ACE Robotics, stated that with advances in world models and improved capabilities for collecting real-world environment data, embodied AI is poised to experience a "ChatGPT moment" similar to that of large language models by the end of 2027. Wang pointed out that one of the main bottlenecks hindering the large-scale commercialization of robots remains a shortage of real-world training data. Across the industry, cumulative data over the past few years amounts to approximately 100,000 hours—far from enough to train embodied foundation models. ACE Robotics plans to collect tens of millions of hours of real-world environment data over the next two years and aims to deploy the corresponding technology to 1,000 stores within the coming year. Established in July 2025, ACE Robotics focuses on developing AI models for humanoid robots. With support from Ant Group and SenseTime, the company secured over $100 million in funding in the first half of 2026 and intends to fast-track its IPO as soon as conditions allow.
Odaily News: Privacy blockchain project Beldex has announced the completion of an $8 million funding round, led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund, EAK Ventures, and other institutions. The new funds will be used for developer tools, privacy applications, protocol security, AI infrastructure development, and ecosystem expansion.Beldex is exploring the use of its privacy technology to protect the identity, payments, communications, and data processing of AI agents, including privacy-preserving AI identities, encrypted AI communications, confidential payments, secure AI execution, as well as research into technologies such as fully homomorphic encryption (FHE) and secure memory. (Decrypt)
: 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)
The U.S. Securities and Exchange Commission (SEC) on Tuesday proposed new rules that would allow crypto projects to raise funds without full securities registration. The proposed "crypto asset regulation" includes two exemptions: projects raising no more than $5 million over a 4-year period, and issuers raising no more than $75 million every 12 months, subject to filing financial statements and ongoing reports. Both exemptions require information disclosure and remain subject to federal anti-fraud and anti-manipulation rules. The proposal also includes a conditional safe harbor, allowing issuers to "decouple" crypto assets from the investment contracts under which they were issued, provided SEC conditions are met. SEC Commissioner Hester Peirce stated that the exemptions will not cover all types of crypto projects, and the Commission will refine the rules based on market developments. The SEC canceled a related meeting last week citing "unforeseen scheduling issues," and resumed advancing the proposal days later. (Decrypt)
Odaily News: The U.S. Securities and Exchange Commission (SEC) plans to unveil two crypto-related initiatives in the coming days, while Congress's CLARITY Act remains stalled at least until September. The SEC is expected to propose "Regulation Crypto" at a public meeting on Friday, allowing projects to raise funds through token sales without completing full securities registration. The SEC also plans to introduce an "innovation exemption" for tokenized stocks, with details potentially released on Friday. The exemption would allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on the blockchain 24/7, with support for fractional trading and near-instant settlement. Such tokens typically track the economic exposure of the underlying stock but do not carry voting rights or dividend entitlements. The initiative falls under SEC Chairman Paul Atkins's "Project Crypto" agenda, with Robinhood Chain, Solana, and Base all having advanced related on-chain markets. (Decrypt)
Odaily News: The U.S. Securities and Exchange Commission (SEC) will hold a public meeting on August 14 to consider proposing a "Regulation Crypto" rule framework that would allow certain crypto projects to raise funds without completing full securities registration. If public comment is initiated, this would mark the SEC's first formal, long-term crypto industry rulemaking. The framework is expected to establish a pathway for exiting SEC oversight: after project developers raise funds, if they no longer actively manage the project and the project achieves decentralization, it may fall outside SEC jurisdiction. SEC Chair Paul Atkins has previously stated that the exemption period could last up to four years, though the announcement did not disclose funding amount thresholds. The U.S. Senate did not advance the Digital Asset Market Clarity Act before entering its August recess. The final rule will still take several months to complete, and the meeting will be held at 10:00 a.m. ET on August 14. (Decrypt)
据 Decrypt 报道，巴西巴拉那州 Fazenda Engenho Velho 农场以 10 头奶牛为抵押，完成首笔在巴西证券交易所（B3）正式登记的代币化牲畜融资交易，贷款金额为 10 万雷亚尔（约 1.94 万美元）。每头奶牛通过农业科技公司 Cowmed 的 AI 传感器项圈采集健康、行为及位置数据，生成唯一加密数字身份，并以哈希方式写入信贷合约，全程无需实地农场核查。 该模式旨在解决银行对牲畜抵押普遍打折高达 60%的问题。背景方面，巴西农业破产申请 2025 年达 1990 件，较 2023 年的 534 件增长近四倍，农业信贷危机持续加剧。Cowmed 目前监控六国逾 10 万头奶牛，预计两年内将其中 20%（约 7760 万美元）纳入代币化抵押体系，并计划在 2026 年底前通过该模式撬动约 97 万美元信贷规模。
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
TrueDAO, a decentralized finance infrastructure project, announced the completion of a $10 million strategic funding round led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The new funds will be used for AI protocol development, intelligent risk control, security auditing, and the development of AI-driven risk monitoring and stress testing systems to optimize smart contracts and protocol modules, thereby enhancing infrastructure capabilities. (Decrypt)
prediction market platform Kalshi is in talks to raise a new round of funding at a valuation of approximately $40 billion, with a potential deal closing as early as the third quarter. Last month, Kalshi completed a $1 billion funding round from investors including Sequoia Capital, Andreessen Horowitz, Coatue, and Morgan Stanley, at a valuation of $22 billion.Kalshi CEO Tarek Mansour stated that the company is considering an IPO, but it will not go public in 2026, with a potential listing likely no earlier than late 2027 or 2028. Kalshi reported that as of April 2026, its annualized trading volume reached $178 billion, a 32-fold increase year-over-year.Kalshi is currently embroiled in a legal dispute between U.S. state and federal regulators over the oversight of prediction markets. The controversy includes whether sports event contracts constitute derivatives regulated by the CFTC or illegal gambling. CME has sued the CFTC over its approval of Kalshi's "perpetual" futures, Kentucky sued Kalshi and Polymarket this month, and the CFTC subsequently sued Kentucky to block its enforcement action. (Decrypt)