News linked to both this project and an event.
According to QCP's market report, in the crypto market, Bitcoin initially climbed above $82,000 early in the week before pulling back to around $79,300; Ethereum remained steady at approximately $2,500. From September 1 to 4, spot Bitcoin ETFs recorded $770 million in net inflows, indicating that institutional capital continues to participate in market pricing.
Odaily News, Circle has published a statement on the cirBTC reserve mechanism, stating that each cirBTC is backed 1:1 by one native BTC and can be redeemed for native BTC at a 1:1 ratio. The corresponding BTC is held by Circle-affiliated entities and custodied by Circle National Trust, which is regulated by the Office of the Comptroller of the Currency (OCC). The reserve assets are segregated from Circle's corporate assets and are used solely to protect the interests of cirBTC holders. cirBTC is currently live on Ethereum and will receive native support once the Arc mainnet launches, with future expansion to more blockchains. Circle also provides on-chain reserve verification through a public BTC reserve address and the Chainlink Proof of Reserve mechanism, allowing market participants to compare the scale of reserved BTC against the circulating supply of cirBTC across all supported chains.
Odaily News - Prediction market platform Polymarket launched its perpetual contract product, Polymarket Perps, on September 3. The initial offering covers 10 contracts including Bitcoin, Ethereum, Solana, HYPE, Gold, Silver, WTI Crude Oil, S&P 500, Nasdaq 100, and a contract tracking SpaceX stock, expanding to 67 markets within hours.The product has no expiration date, with contract prices continuously tracking the underlying assets. It maintains anchoring to spot prices through funding rates settled hourly, with funding rate caps at 4% per hour in both directions. Cryptocurrencies, the S&P 500, crude oil, gold, and silver support up to 20x leverage, while individual stocks and other real-world assets support up to 10x.U.S. traders are unable to place Perps orders and will be directed to Polymarket US, which is regulated by the Commodity Futures Trading Commission (CFTC). This arrangement stems from Polymarket's 2022 settlement with the CFTC, in which the company was fined $1.4 million for operating an unregistered swap execution facility and was required to cease related non-compliant contracts. (Decrypt)
According to CoinDesk, Hargreaves Lansdown, the UK's largest retail investment platform managing over $200 billion in assets, announced it will make nine Bitcoin and Ethereum exchange-traded note (ETN) products available to its two million customers. Providers include BlackRock iShares, CoinShares, WisdomTree, 21Shares, Invesco, and Bitwise, with annual fees ranging from 0% to 0.35%. This move comes less than a year after the platform previously warned customers against investing in cryptocurrencies, reflecting a policy adjustment following the UK Financial Conduct Authority (FCA) lifting its retail ban on crypto ETPs in October 2025. The platform requires new buyers to complete a suitability assessment and wait 24 hours before trading.
According to Odaily, two Thai businessmen, Nutthawat Rukthammachalern and Natthawat Kasamvilas, have filed a lawsuit against stablecoin issuer Tether in the U.S. District Court for the Southern District of New York, alleging that Tether blacklisted 42.4178 million USDT. The lawsuit was filed on August 31 and refiled the following day. On-chain records show that 10 Ethereum addresses were batch-frozen on October 30, 2025, within a span of two and a half minutes, while the seizure order cited in the lawsuit is dated February 19, 2026—a gap of more than three months. The plaintiffs claim they purchased USDT on the secondary market and had no contractual relationship with Tether. The complaint alleges that Tether acted at the informal request of the U.S. government, conveyed through Homeland Security Investigations (HSI) agents, before the seizure order was issued. On November 2, 2025, Tether informed Natthawat Kasamvilas that it had "no further information," without disclosing that it had already frozen the funds on its own initiative. The lawsuit asserts five causes of action, including conversion, trover, and unjust enrichment. The defendants are four Tether entities: Tether Holdings, Tether International, Tether Operations, and Tether Investments. The case is presided over by Judge Lewis J. Liman. Tether has previously stated that its cooperation with law enforcement has resulted in the cumulative freezing of over $4.4 billion in assets, with more than $2.1 billion of that total linked to U.S. authorities.
: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
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)
According to Circle's official blog, Circle's cross-chain infrastructure CCTP has officially expanded support for native cross-chain transfers of the euro stablecoin EURC. EURC operates on the same "burn-and-mint" model as USDC, with initial cross-chain settlement support between Ethereum and Base. Developers can transfer both USDC and EURC via a single unified interface without connecting to multiple bridge providers, effectively reducing integration complexity and enhancing liquidity efficiency. EURC is issued by a regulated affiliate of Circle, while CCTP does not hold or manage user assets.
According to an official Coinbase blog post, Coinbase has officially launched regulated derivative contracts through its subsidiary Coinbase Financial Markets (CFM) for qualified Canadian traders, becoming the first major cryptocurrency platform to offer native crypto futures in Canada. The product lineup includes 23 perpetual and term futures covering assets such as Bitcoin, ETH, and SOL; five commodity futures such as gold, silver, and crude oil; and COIN50 index futures, with leverage of up to 10x. All contracts are provided by CFM, a CFTC-registered futures commission merchant, with limited-time fees as low as 0.02% per trade plus $0.11 per contract. Previously, Canadian investors lacked access to regulated cryptocurrency derivatives channels and had long relied on offshore or unregulated platforms.
Odaily News: CrowdStrike, in coordination with the U.S. Department of Justice, announced the dismantling of the Sality peer-to-peer botnet, isolating over 15,000 infected devices worldwide. The network has been active since 2003, and over the past eight years has primarily deployed a clipboard hijacking tool known as EggJagger to steal funds from Bitcoin and ETH transfers. EggJagger monitors cryptocurrency wallet addresses copied by victims and replaces them with addresses controlled by the attackers, redirecting transfer funds to the attackers. CrowdStrike estimates that this tool alone has stolen at least $150,000 in crypto assets; since most of the funds were not moved, the value of the associated holdings rose to approximately $1.35 million in January 2025. The U.S. Department of Justice, FBI, and Defense Criminal Investigative Service have seized related domains within the U.S., while police in Bulgaria, Hungary, and Romania have also shut down infrastructure in Europe. Currently, infected devices have been redirected to traffic reception servers controlled by CrowdStrike, but the original malware on the devices remains active until manually removed.
Odaily News: Andy Ross, head of institutional business at Kalshi, said that Kalshi has submitted an application to regulators to launch perpetual contracts based on foreign exchange and interest rates. The application was submitted on Monday and had not appeared in the U.S. Commodity Futures Trading Commission (CFTC) public filing system as of Tuesday afternoon. Previously, the CFTC approved Kalshi to list bitcoin perpetual contracts in May this year, followed by the launch of ETH and XRP perpetual contracts. Since then, Kalshi has continued to expand perpetual contracts beyond cryptocurrencies: it submitted applications for gold, silver, and platinum perpetual contracts in July, and on August 18, it submitted applications for U.S. large-cap stock index and copper perpetual contracts. Ross said Kalshi hopes to bring multiple asset classes such as stocks, commodities, cryptocurrencies, fixed income, and interest rates into a unified trading interface. Currently, the platform's market count has increased from approximately 4,000 to around 10,000, and activity has gradually spread from a few popular markets to a wider range of markets.
According to CoinDesk, Russia’s largest bank, Sberbank, plans to include Ethereum (ETH) and the Tether stablecoin (USDT) in its cryptocurrency collateral lending program, listed alongside Bitcoin (BTC) as acceptable collateral, once regulatory approval is granted. Deputy President Anatoly Popov stated that the bank will gradually expand its accepted asset scope after adapting to Russia’s new cryptocurrency regulations. Last August, the Central Bank of Russia had already placed BTC, ETH, and USDT on a draft list of digital currencies permitted for open trading at domestic exchanges. Sberbank had previously issued Russia’s first bitcoin collateral loan to mining firm Intelion Data last December. Notably, USDT carries additional sanctions risks; Tether can freeze tokens linked to sanctioned entities without a court order, while Sberbank has been subject to U.S. and EU sanctions since 2022. Russia’s new cryptocurrency law will officially take effect on September 1, and market participants must complete their licensing applications by July 2027.
Odaily News: Anatoly Popov, Deputy Chairman of the Executive Board at Sberbank, Russia's largest bank, stated that the country's compliant crypto trading is expected to reach at least 4 trillion rubles (approximately $46.43 billion) in its first year. The bank projects that as investors shift toward the official trading system, this figure could grow to approximately 7.5 trillion rubles (around $87.06 billion) by 2029.He noted that the majority of crypto trading volume will still flow outside the regulated exchange system, with only about 20% of trading volume—amounting to 3.5 trillion to 4 trillion rubles per year—expected to be conducted through exchanges in the first year. The relevant framework will take effect on September 1, allowing investors to legally purchase crypto assets through brokers.Non-qualified investors will be permitted to purchase up to 300,000 rubles in crypto assets annually through a single licensed intermediary, and must pass a risk awareness test; qualified investors have a higher annual cap of 3 million rubles. Official exchanges will initially only be allowed to trade Bitcoin, Ethereum, and USDT, with all other altcoins excluded; exchanges must complete their registration by July 1, 2027. (Bitcoin.com News)
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)
Odaily News, Avici announced that its card partner Rain discovered today a vulnerability in an old Solana card contract used by Avici and a few other projects. The relevant contract has now been upgraded across all projects, and no further unauthorized activity has been detected. This incident only affected the standalone Solana contract used to hold post-deposit card balances; users' Avici wallets and card balances are isolated from each other, and funds in Solana and EVM self-custody wallets are safe and unaffected. Upon review, a total of 1,685 users were affected, with combined card balances of approximately $500,900. Avici has committed to fully refunding card balances to all affected users and has filed a report with the FBI's Internet Crime Complaint Center (IC3). Previously reported, Avici, a crypto banking project, saw its native token AVICI allegedly suffer a hacker attack, with losses of approximately $1.02 million. The attacker transferred 10,000 SOL stolen from the project to another wallet, converted it into approximately $1.02 million USDC, and then swapped the funds into approximately 418 ETH via cross-chain operations.
Odaily News The digital euro, issued by the European Central Bank (ECB) and representing public money, is still in the development stage; EURR, on the other hand, is a stablecoin issued by a private institution designed to maintain a value of 1 euro. Both are aimed at meeting the demand for instant fund transfers within digital platforms.Fintech company Revolut has begun a phased rollout of its euro stablecoin EURR to eligible users in Denmark, Poland, and Portugal, with plans to expand to the European Economic Area in the future. EURR is deployed on the Ethereum network and can be used for on-chain transfers between fiat currencies, crypto assets, external wallets, and supported blockchain networks.EURR is issued by Bridge Building, a Stripe-owned company, rather than directly by Revolut. Piero Cipollone, a member of the ECB's Executive Board, stated that the digital euro will offer the highest level of privacy supported by current technology, with offline payments visible only to the payer and payee, while in online transactions, participating banks will still have access to information required for anti-money laundering compliance. (Forbes Digital Assets)
Odaily News: 0xbow.io, a privacy and regulatory compliance tool supported by the Ethereum Foundation, has awarded a $5,000 bounty to researcher ross.wei for disclosing a vulnerability in the Privacy Pools v1 SDK. The vulnerability reduced the entropy of user account master key generation and was fixed in March. The team has provided a migration process, and no user funds were lost.
Odaily News: Prediction market platform Polymarket US withdrew two NFL player participation contract filings on August 26. The platform had completed certification with the U.S. Commodity Futures Trading Commission (CFTC) the previous day and planned to launch the related products no earlier than August 27.On the same day, Polymarket US certified Bitcoin, Ethereum, and Solana price contracts. All three contract types were submitted in paired form and classified as swaps under the binary options subcategory. Both the NFL contracts and the cryptocurrency contracts fall under the relevant classification.Polymarket US separately filed a confidential treatment request for the NFL compliance analysis documents, seeking permanent non-disclosure on the grounds that public release would reveal trade secrets and give competitors an unfair advantage. As of the time of record, another NFL American football starting eligibility contract remained in certified status. (Bitcoin.com News)
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
The Securities and Exchange Commission (Thailand) has issued an announcement soliciting public comments on the draft regulatory framework for establishing cryptocurrency exchange-traded funds (crypto ETFs) in Thailand, as well as the revised eligibility requirements for mutual funds and private funds to engage foreign digital asset custodians, with a comment submission deadline of September 20, 2026.