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Project Overview
Green is a decentralized Power grid developed by Set Power Free. The Green Smart Node enables operators to earn GREEN, a digital reward issued to compensate node operators for contributing electricity, connectivity and computational resources to verify blockchain transactions on the Green network. PowerPay, a Green blockchain exclusive, enables individuals who earn Green to pay for power consumption using GREEN.
Jio Platforms Gets IPO Green Light, Once Launched Polygon Ecosystem Token JioCoin
Odaily News - Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani's Reliance Industries, has received regulatory approval, clearing a key hurdle for its long-anticipated initial public offering (IPO). According to the Securities and Exchange Board of India (SEBI) website, the regulator issued a letter of observation to Jio Platforms during the week ending August 28, indicating that the company has been permitted to proceed with the IPO process. (Bloomberg)Jio Platforms' listing plans have drawn significant market attention. Last year, the company launched JioCoin, a reward token built on the Polygon blockchain. Community users have reported that the token has been integrated into Jio's web browser, JioSphere.
Alkemya Metacore Plans to Raise $50 Million Through Tokenization to Advance Tokenized Nickel Trading Business
Odaily News: Alkemya Metacore is preparing to issue a new security, ALKN, linked to its inventory of high-purity nickel wire, with plans to raise $50 million through tokenization. The related inventory is valued at $1.6 billion, approximately 7 million meters, and is currently stored in Switzerland. The nickel wire is primarily used in semiconductors, aerospace, and defense sectors. The raised funds will be used to support its operating subsidiary, Green Transitional Metals, in the research, development, and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industry systems, green hydrogen, and precious metal recycling. Bitfinex Securities will facilitate the listing of ALKN, with the initial subscription for qualified investors open until October 15. This product is described as one of the world's first tokenized nickel products and the first tokenized commodity issuance under El Salvador's digital asset regulatory framework.
German Bundestag Rejects Proposal to Increase Crypto Tax
the Finance Committee of the German Bundestag has rejected a cryptocurrency tax reform proposal put forward by the Green Party.The proposal originally aimed to abolish the policy that exempts capital gains tax on cryptocurrencies sold after being held for more than one year. Under current German law, individuals are exempt from capital gains tax when selling crypto assets held for over a year.The Green Party argued that crypto assets should be subject to the same tax rules as other investment assets. However, opponents pointed out that the proposal could result in a higher tax burden for crypto investors compared to ordinary stock investors. The Green Party estimated that scrapping the relevant tax exemption could generate an additional approximately €11.4 billion in tax revenue annually for Germany. (Cryptopolitan)
Uzbekistan Establishes Besqala Mining Valley, Exempts Taxes Until 2035 to Promote Green Cryptocurrency Mining
Odaily News Uzbekistan President Shavkat Mirziyoyev has signed a decree establishing the "Besqala Mining Valley" special cryptocurrency mining zone, aiming to develop green energy mining and attract international investment. Miners can sell crypto assets on local and overseas exchanges, with proceeds directly entering domestic bank accounts. Regarding policies, participants in the mining zone are exempt from income tax until 2035, only required to pay a 1% management fee on revenue; electricity prices are set at 1800 som per kilowatt-hour, with exceptional incentives provided for investment projects exceeding $100 million. Regarding access, only locally registered enterprises are eligible to apply, and they must possess power facilities and pass approval processes, with relevant personnel having no record of economic crimes. (Lex.uz)
Jio Platforms Gets IPO Green Light, Once Launched Polygon Ecosystem Token JioCoin
Odaily News - Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani's Reliance Industries, has received regulatory approval, clearing a key hurdle for its long-anticipated initial public offering (IPO). According to the Securities and Exchange Board of India (SEBI) website, the regulator issued a letter of observation to Jio Platforms during the week ending August 28, indicating that the company has been permitted to proceed with the IPO process. (Bloomberg)Jio Platforms' listing plans have drawn significant market attention. Last year, the company launched JioCoin, a reward token built on the Polygon blockchain. Community users have reported that the token has been integrated into Jio's web browser, JioSphere.
Alkemya Metacore Plans to Raise $50 Million Through Tokenization to Advance Tokenized Nickel Trading Business
Odaily News: Alkemya Metacore is preparing to issue a new security, ALKN, linked to its inventory of high-purity nickel wire, with plans to raise $50 million through tokenization. The related inventory is valued at $1.6 billion, approximately 7 million meters, and is currently stored in Switzerland. The nickel wire is primarily used in semiconductors, aerospace, and defense sectors. The raised funds will be used to support its operating subsidiary, Green Transitional Metals, in the research, development, and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industry systems, green hydrogen, and precious metal recycling. Bitfinex Securities will facilitate the listing of ALKN, with the initial subscription for qualified investors open until October 15. This product is described as one of the world's first tokenized nickel products and the first tokenized commodity issuance under El Salvador's digital asset regulatory framework.
U.S. July PCE Rises 3.7% Year-over-Year, Devere Group CEO Warns of Stagflation Risk
According to data released by the U.S. Bureau of Economic Analysis (BEA), the Personal Consumption Expenditures (PCE) price index rose 0.2% month-over-month and 3.7% year-over-year in July; excluding food and energy, core PCE rose 0.2% month-over-month, with inflation still above the Federal Reserve's 2% target.Nigel Green, CEO of global financial advisory firm Devere Group, stated that the U.S. economy is flashing a stagflation warning, with economic growth stalling while inflation refuses to subside. He noted that the Federal Reserve faces difficulty in simultaneously raising interest rates to curb inflation and cutting rates to support growth, and expects the federal funds rate to remain unchanged.Following the release of the PCE data, major U.S. stock indices opened higher, gold prices fell to $4,626 per ounce, and silver dropped to $68.31. Bitcoin traded within a range of $77,250 to $79,539 over 24 hours, and was trading at $77,600 at 11:00 a.m. Eastern Time on Wednesday. (Bitcoin.com News)
Gate Prediction Market World Cup Section Fully Upgraded, Creating a One-Stop Tournament Prediction Experience
Gate has completed the upgrade of its prediction market World Cup section, further enhancing the prediction market experience within the tournament context. After upgrading the Gate App to version v8.25.0 or higher, users can enter the World Cup section with one click via a newly added entry on the homepage, quickly viewing match schedules, standings, popular prediction markets, and more, thereby improving the efficiency of tracking and participating in the tournament. This upgrade adds new sections such as historical champions, best players, and news, providing users with references on team historical records, player performance data, and World Cup hot topics. Simultaneously, a team subscription feature has been launched, allowing users to follow specific national teams or subscribe to all World Cup events with one click, to promptly obtain related match and prediction opportunities. The section also adds a page sharing function, making it convenient for users to share match details, leaderboards, and prediction market content.Furthermore, Gate has launched a World Cup-themed leaderboard to centrally showcase traders with outstanding prediction performance related to the World Cup. This is combined with a "Smart Money" feature to help users track the activities of high-win-rate traders. The platform has recently introduced a prediction market trial voucher mechanism, allowing users to experience prediction market trading at zero cost while retaining profit opportunities, further lowering the barrier to participation. Surrounding the World Cup events, Gate has also launched a series of activities such as "Green Pitch Prophet, World Cup Prediction Carnival" and "Gate Prediction Market × World Cup Daily Highlight Matches," releasing a prize pool of over 550,000 USDT. As the first centralized exchange to integrate with Polymarket, Gate continues to promote the deep integration of prediction markets and sports events, further enriching the application scenarios of prediction markets.
Crypto Industry Election Funding Shows a Republican Lean Ahead of U.S. Midterm Elections
According to CoinDesk, as the U.S. midterm elections heat up, cryptocurrency industry political action committees (PACs) are significantly increasing their financial support for congressional races. Some newly formed PACs are shifting their focus toward Republican candidates. The report notes that Fairshake remains the most influential super PAC in the industry, having already influenced primary outcomes in states like Texas through large-scale spending—and contributing to the defeat of long-time critic, Representative Al Green. Meanwhile, newer PACs such as Fellowship and the Digital Freedom Fund are backing Republican candidates more heavily, potentially undermining the bipartisan balance the crypto industry has maintained across several previous election cycles.
Fairshake and its affiliated organizations invested approximately $6.5 million to support Menefee’s election victory.
Crypto journalist Eleanor Terrett reported that pro-crypto Democratic candidate Christian Menefee defeated 20-year incumbent Representative Al Green in the TX-18 Democratic primary runoff. In this election, crypto-industry-backed super PACs spent millions of dollars—Fairshake and its affiliated organizations alone contributed approximately $6.5 million, mostly to support Menefee and a smaller portion to oppose Green. Previously, Green received an “F” rating from Stand With Crypto due to his opposition to legislation including the GENIUS Act and the Clarity Act. Fairshake stated it will continue actively supporting leaders like Menefee across the United States.
Related news
Jio Platforms Gets IPO Green Light, Once Launched Polygon Ecosystem Token JioCoin
Odaily News - Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani's Reliance Industries, has received regulatory approval, clearing a key hurdle for its long-anticipated initial public offering (IPO). According to the Securities and Exchange Board of India (SEBI) website, the regulator issued a letter of observation to Jio Platforms during the week ending August 28, indicating that the company has been permitted to proceed with the IPO process. (Bloomberg)Jio Platforms' listing plans have drawn significant market attention. Last year, the company launched JioCoin, a reward token built on the Polygon blockchain. Community users have reported that the token has been integrated into Jio's web browser, JioSphere.
Alkemya Metacore Plans to Raise $50 Million Through Tokenization to Advance Tokenized Nickel Trading Business
Odaily News: Alkemya Metacore is preparing to issue a new security, ALKN, linked to its inventory of high-purity nickel wire, with plans to raise $50 million through tokenization. The related inventory is valued at $1.6 billion, approximately 7 million meters, and is currently stored in Switzerland. The nickel wire is primarily used in semiconductors, aerospace, and defense sectors. The raised funds will be used to support its operating subsidiary, Green Transitional Metals, in the research, development, and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industry systems, green hydrogen, and precious metal recycling. Bitfinex Securities will facilitate the listing of ALKN, with the initial subscription for qualified investors open until October 15. This product is described as one of the world's first tokenized nickel products and the first tokenized commodity issuance under El Salvador's digital asset regulatory framework.
U.S. July PCE Rises 3.7% Year-over-Year, Devere Group CEO Warns of Stagflation Risk
According to data released by the U.S. Bureau of Economic Analysis (BEA), the Personal Consumption Expenditures (PCE) price index rose 0.2% month-over-month and 3.7% year-over-year in July; excluding food and energy, core PCE rose 0.2% month-over-month, with inflation still above the Federal Reserve's 2% target.Nigel Green, CEO of global financial advisory firm Devere Group, stated that the U.S. economy is flashing a stagflation warning, with economic growth stalling while inflation refuses to subside. He noted that the Federal Reserve faces difficulty in simultaneously raising interest rates to curb inflation and cutting rates to support growth, and expects the federal funds rate to remain unchanged.Following the release of the PCE data, major U.S. stock indices opened higher, gold prices fell to $4,626 per ounce, and silver dropped to $68.31. Bitcoin traded within a range of $77,250 to $79,539 over 24 hours, and was trading at $77,600 at 11:00 a.m. Eastern Time on Wednesday. (Bitcoin.com News)
"First Physical AI Stock" Momenta Completes Listing, Market Cap Exceeds 70 Billion HKD
"The First Physical AI Stock" Momenta Completes Listing on HKEX. The IPO issue price was 295.6 HKD/share, the public offering portion was oversubscribed 414 times, and it opened with a slight gain, with a market cap exceeding 70 billion HKD. Assuming the "Green Shoe" (over-allotment option) is fully exercised, the global offering totals approximately 22.93 million shares, with total funds raised amounting to approximately 6.8 billion HKD.
Gate Prediction Market World Cup Section Fully Upgraded, Creating a One-Stop Tournament Prediction Experience
Gate has completed the upgrade of its prediction market World Cup section, further enhancing the prediction market experience within the tournament context. After upgrading the Gate App to version v8.25.0 or higher, users can enter the World Cup section with one click via a newly added entry on the homepage, quickly viewing match schedules, standings, popular prediction markets, and more, thereby improving the efficiency of tracking and participating in the tournament. This upgrade adds new sections such as historical champions, best players, and news, providing users with references on team historical records, player performance data, and World Cup hot topics. Simultaneously, a team subscription feature has been launched, allowing users to follow specific national teams or subscribe to all World Cup events with one click, to promptly obtain related match and prediction opportunities. The section also adds a page sharing function, making it convenient for users to share match details, leaderboards, and prediction market content.Furthermore, Gate has launched a World Cup-themed leaderboard to centrally showcase traders with outstanding prediction performance related to the World Cup. This is combined with a "Smart Money" feature to help users track the activities of high-win-rate traders. The platform has recently introduced a prediction market trial voucher mechanism, allowing users to experience prediction market trading at zero cost while retaining profit opportunities, further lowering the barrier to participation. Surrounding the World Cup events, Gate has also launched a series of activities such as "Green Pitch Prophet, World Cup Prediction Carnival" and "Gate Prediction Market × World Cup Daily Highlight Matches," releasing a prize pool of over 550,000 USDT. As the first centralized exchange to integrate with Polymarket, Gate continues to promote the deep integration of prediction markets and sports events, further enriching the application scenarios of prediction markets.
Rootstock Executive: Bitcoin DeFi Demand Concentrated Among a Small Group of Deep-Pocketed Users
: Richard Green, Head of Ecosystem and Institutional Relations at Rootstock Labs, stated that as overall DeFi liquidity continues to decline, Bitcoin DeFi projects are pivoting their focus toward smaller but deeper-pocketed user groups.Speaking at the BTC Prague conference, Green noted that the crypto-native traders and hedge funds that were once easily accessible have largely retreated due to capital outflows from the DeFi market. Data shows that the total value locked in DeFi protocols has fallen from approximately $180 billion in October last year to around $70 billion currently.Against this backdrop, Rootstock is targeting its products—such as lending and yield offerings—toward Bitcoin miners and digital asset treasury companies. These users typically hold large amounts of BTC but may need to access liquidity or generate yield without selling their assets.Green believes that current demand for Bitcoin DeFi is not widely distributed but rather concentrated among a few high-capital niche groups. For project teams, the key challenge is no longer acquiring users at scale targeting general DeFi participants, but designing products around real balance sheet needs.