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Stage is where artists and fans alike actively participate in shaping the future of music. On Stage, artists upload their video performances and compete in exciting rounds to rise to stardom. Fans play a crucial role by voting for their favorite artists, potentially earning exclusive rewards, and engaging with unique Real World Asset (RWA) Badges. The innovative business model ensures that artists receive 60% of the proceeds from votes cast for them, alongside 10% royalties on RWA Badges. Fans, on the other hand, are rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.
"1011 Insider Whale" Representative: SK Hynix Rebound May Be Short Covering, AI Storage Cycle Enters Return Verification Stage
"1011 Insider Whale" representative Garrett Jin released a weekly analysis stating that while he previously suggested gradually positioning in memory chips and buying on dips, the market did not experience the expected pullback. He has sold half of his previous rebound positions during the surge, not because the investment logic has changed, but due to concerns regarding the capital structure driving the rise, stating, "This looks more like a short squeeze than a final confirmation of fundamentals by the market." Rapid capital covering short positions can create short-term gains for memory chip stocks like SK Hynix, but cannot sustain the trend alone. Risks associated with Korean leveraged ETFs have not been fully released, but the decline in asset size is mainly due to NAV shrinkage rather than investor exit. Currently, cumulative net subscriptions for related financial products remain at historic highs and have not turned negative. Garrett Jin emphasized that the decline in Korean leveraged ETF size does not indicate market bearishness on memory demand. SK Hynix's 2026 capacity is already sold out, and Micron's orders are covered until 2028, with demand remaining strong through the second half of 2027. However, the memory industry is essentially still cyclical. Stock prices have already surged by hundreds of percentage points in advance, and cyclical stocks are typically difficult to sustain long-term growth driven solely by valuation expansion. The current market is entering a new phase of the AI capital expenditure cycle, shifting from "rewarding investment" to "evaluating investment returns." Regarding Bitcoin, Garrett Jin stated it continues to meet the bottoming conditions established since the July lows, and he currently maintains the position view established near $60,000.
Digital asset infrastructure provider Cordant completes $8 million seed round, with participation from FJ Labs and others
Cordant, a stablecoin and digital asset financial infrastructure provider, has announced the completion of an $8 million seed funding round. Participating investors include Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new capital will support the company's introduction of new payment networks and AI automation tools. Cordant is collaborating with financial institutions on product development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Notably, Latin American digital asset and payment platform Bitso, as well as blockchain infrastructure company Paxos, have both invested and are serving as design partners. (Businesswire)
Founders Fund’s Fourth Growth-Stage Fund Closes at $6 Billion, Its Largest to Date
According to Bloomberg, Founders Fund’s fourth growth-stage fund, Founders Fund Growth IV, has closed on $6 billion to invest in late-stage companies—the largest fundraising in the firm’s history. Of this amount, $4.5 billion comes from limited partners (LPs), including sovereign wealth funds; the remaining $1.5 billion comes from senior management and employees of Founders Fund, including Peter Thiel himself.
YZi Labs Launches Inaugural Atlas Scout Program, Recruiting Students from Four U.S. Universities to Discover Early-Stage Projects
Odaily reports: YZi Labs has announced the launch of its inaugural Atlas Scout Program, recruiting four students from Stanford University, Yale University, University of California, Berkeley, and University of California, Los Angeles to participate in early-stage project discovery and investment research in the Web3, AI, and biotech sectors. The program will provide intentional investment allocations of up to $1 million for relevant investment opportunities and will open up its ecosystem network of more than 300 portfolio companies. Participants can organize campus events, identify potential projects, and receive mentorship in project research, due diligence, and investment judgment. Eligible startup teams will also have the opportunity to connect with the EASY Residency program or discuss investment partnerships with YZi Labs.
Digital Asset Bill Enters Final Negotiation Stage, South Korea's FSC Chairman Says Virtual Asset Taxation Requires Full Consideration of Multiple Factors
Lee Eok-won, Chairman of South Korea's Financial Services Commission (FSC), stated at the comprehensive audit of the National Assembly's Legislation and Judiciary Committee that various circumstances need to be fully considered regarding the virtual asset taxation scheduled to take effect next year. People Power Party lawmaker Song Eon-seok questioned whether the tax should be abolished or postponed, and stated that before the nature of digital assets and policy direction are determined, priority should be given to enacting the "Basic Act on Digital Assets." Lee Eok-won responded that the digital asset-related bill has entered the final negotiation stage and discussions will be pushed forward as soon as possible; regarding taxation, opinions vary among all parties, and relevant feedback is still being collected.South Korea's virtual asset taxation was introduced in 2020 through an amendment to the Income Tax Act and has been postponed three times. The government is advancing related administrative procedures according to the schedule for implementation in January next year, but some in the industry and within the ruling party believe that current standards remain unclear, infrastructure is insufficient, and the timing for implementation is not yet mature.
US, UK, and Japanese Central Banks Take Center Stage This Week; Fed May See First Rate Hike in Three Years
The central banks of the US, Japan, and the UK will announce their monetary policy decisions this week, with markets focusing on whether the Federal Reserve will initiate its first interest rate hike in three years. Iran and Gulf states are negotiating shipping management arrangements for the Strait of Hormuz to address soaring crude oil prices.
YZi Labs’ EASY Residency Cohort 4 Selects 24 Early-Stage Companies, Each Receiving $5 Million Investment
Odaily News, YZi Labs has announced that its flagship incubation program, EASY Residency, has selected 24 early-stage companies for its fourth cohort, with each company receiving a $500,000 investment. The 10-week program kicks off online before founders gather in Bhutan, focusing on next-generation global financial infrastructure. Key areas include stablecoin payments and cross-border settlement, on-chain FX and credit, neobanking, institutional-grade liquidity and market making, digital asset privacy compliance and financial operations, AI agents and automated execution, on-chain financial consumer and enterprise interfaces, as well as AI-native security and creator infrastructure. YZi Labs manages over $10 billion in assets, with an investment portfolio spanning more than 300 projects across Web3, AI, and biotech.
Federal Reserve Rate Decision Preview: Inflation Concerns and Policy Divergence Take Center Stage
Odaily News Tim Duy, Chief US Economist at SGH Macro Advisors, said that the recent appearance of multiple Fed officials casting dissenting votes on rate decisions has become more common over the past few years. Especially during periods when the economy faces multiple pressures and the policy path is unclear, strong disagreements among officials are likely, leading to more dissenting votes.Regarding the upcoming release of the Fed's meeting minutes, Duy believes the market's core focus will be on how widespread officials' concerns about inflation truly are. He noted that at the time, inflation was clearly running above the Fed's target, and policymakers worried that inflation would not quickly return to target levels. Meanwhile, the labor market was seen as having stabilized, which led some officials to strongly believe the Fed should raise rates to curb inflationary pressures. As a result, the market will closely watch how many Fed officials share this assessment, and whether concerns about inflation have formed a broader consensus within the decision-making ranks. The degree of divergence among officials over the policy path will also serve as an important clue for judging the future direction of interest rates.
US CFTC Chair: Derivatives Market Will Enter New Development Stage, Should Not Blindly Follow Regulatory Consensus
Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), wrote in The Economist that the global derivatives market is entering a new stage of development, and financial innovation needs to lead, rather than introducing regulatory models that may limit market development. Michael Selig pointed out that for decades, derivatives (including financial contracts such as futures, options, and swaps) have been important tools for businesses, farmers, investors, and financial institutions to manage risk and optimize capital allocation. Today, the notional value of the global derivatives market has exceeded $1200 trillion, with nearly half of the market regulated by the CFTC. He stated that U.S. leadership in the derivatives field is built upon generations of market competition, strong institutions, effective regulation, and an open attitude towards innovation. For a long time, global regulators have viewed the CFTC as a benchmark for efficient market regulation. Selig stated, "Finance in the new era needs innovation, not consensus." The United States will not introduce regulatory measures that hinder market development, but will seek a balance between innovation and market efficiency. During his tenure, the United States will continue to play a leading role in derivatives market rulemaking and financial innovation, driving the market to maintain competitiveness.
BonkGuy: Searching for Early-Stage Tokens with a Market Cap Below $1 Million
Renowned trader BonkGuy posted on X, stating that he is currently looking for low-market-cap tokens with a valuation below $1 million, aiming to find projects still in their very early stages that have the potential to grow into multi-billion-dollar entities in the future.BonkGuy noted that he does not want the community to recommend tokens with a market cap of around $50 million anymore, and urged the community to keep suggesting low-cap projects until he decides to invest in one of them.
Glassnode: Bitcoin Enters Late-Stage Bear Market Compression Phase, No Genuine Demand Signal Yet
Odaily News, Glassnode reports that Bitcoin is currently trading between a median realized price of approximately $63,000 and a short-term holder cost basis of approximately $68,700. Spot trading volumes have dropped to their lowest levels since 2019, with the market in an extremely quiet state of compression. Core inflation fell to 2.5% in July and stock markets hit new highs, yet Bitcoin has shown almost no reaction or has even weakened, indicating a clear absence of demand. Selling pressure is subsiding, with profitable supply approaching levels seen at previous bear market bottoms. The seller exhaustion indicator has hit cycle lows, and the adjusted SOPR has been rejected near the breakeven line nine times.Meanwhile, buyers continue to stay on the sidelines, with negligible net inflows into ETFs and Bitcoin still flowing into exchanges. Derivatives leverage has already been heavily skewed toward longs ahead of time, open interest remains relatively high compared to trading volume, and order book bid depth is thinning. Glassnode identifies key levels to watch at approximately $68,700 to the upside and $58,500 to the downside. Only a decisive break above the former, accompanied by a recovery in trading volumes and ETF inflows, would confirm market improvement. If the latter is lost, an accelerated decline is likely given thin buying support and crowded long positioning. Glassnode states that Bitcoin is currently in the late-stage bear market compression phase, and no genuine demand signal has yet emerged.
"1011 Insider Whale" Representative: SK Hynix Rebound May Be Short Covering, AI Storage Cycle Enters Return Verification Stage
"1011 Insider Whale" representative Garrett Jin released a weekly analysis stating that while he previously suggested gradually positioning in memory chips and buying on dips, the market did not experience the expected pullback. He has sold half of his previous rebound positions during the surge, not because the investment logic has changed, but due to concerns regarding the capital structure driving the rise, stating, "This looks more like a short squeeze than a final confirmation of fundamentals by the market." Rapid capital covering short positions can create short-term gains for memory chip stocks like SK Hynix, but cannot sustain the trend alone. Risks associated with Korean leveraged ETFs have not been fully released, but the decline in asset size is mainly due to NAV shrinkage rather than investor exit. Currently, cumulative net subscriptions for related financial products remain at historic highs and have not turned negative. Garrett Jin emphasized that the decline in Korean leveraged ETF size does not indicate market bearishness on memory demand. SK Hynix's 2026 capacity is already sold out, and Micron's orders are covered until 2028, with demand remaining strong through the second half of 2027. However, the memory industry is essentially still cyclical. Stock prices have already surged by hundreds of percentage points in advance, and cyclical stocks are typically difficult to sustain long-term growth driven solely by valuation expansion. The current market is entering a new phase of the AI capital expenditure cycle, shifting from "rewarding investment" to "evaluating investment returns." Regarding Bitcoin, Garrett Jin stated it continues to meet the bottoming conditions established since the July lows, and he currently maintains the position view established near $60,000.
CryptoQuant: BTC, ETH, and XRP Whales Are Accumulating, Potentially Signaling the Late Stage of a Bear Market
CryptoQuant stated that as crypto asset prices remain under pressure, large holders are increasing their positions in Bitcoin, Ethereum, and XRP, indicating they may be preparing for the next market cycle.The firm believes this behavior suggests the current bear market may have entered its final phase. However, CryptoQuant also emphasized that the market has not yet confirmed a bottom, and prices could still decline further.CryptoQuant Research Head Julio Moreno stated that the largest holder groups of BTC, ETH, and XRP are increasing their supply holdings as prices approach or fall below their realized prices. This shift in positioning helps reduce downward pressure and aligns with characteristics typical of the late stage of a cyclical downturn.Data shows that, excluding exchanges and mining pools, Bitcoin whale balances have rebounded from a low of approximately 2.87 million BTC in December 2025 to roughly 3.06 million BTC. This data also excludes holdings by ETFs or digital asset treasury companies.CryptoQuant noted that Bitcoin whale holdings have maintained a positive 30-day growth for most of 2026, and accumulation intensified when Bitcoin fell below $60,000 in June. However, current whale balances remain below the 2025 bull market peak of approximately 3.23 million BTC, suggesting there is still room for continued accumulation.
Barcelona VC Platform Masia Closes €18 Million First Fund, Will Invest in Early-Stage AI and Frontier Tech Companies
According to EU-Startups, Barcelona venture capital platform Masia has announced the closing of its initial €18 million fund, which will invest in early-stage AI and frontier technology companies tied to Barcelona. The fund has secured backing from over 70 limited partners, including tech founders, corporate executives, and seasoned investors, alongside two institutional investors. At the same time, Masia has launched Masia House in Barcelona’s Gràcia district, a four-story, 1,000-square-meter facility providing office space, meeting rooms, accommodation for visiting investors, and a terrace for events.
Liquid Network to Gradually Resume BTC and LBTC Redemption, Network Recovery Enters Final Stage
Liquid Network’s official announcement regarding phased recovery progress states that network recovery work has entered the final stage, with key priorities including strengthening security mechanisms, conducting independent audits, and gradually restoring pegged asset redemption functionality. In terms of functional restoration, the network will first progressively enable semi-automated BTC and LBTC exchange services in coordination with participating exchange providers, with no protocol-level transaction volume limits applied to the service itself. In the subsequent phase, Liquid Network will restore 1:1 Bitcoin reserve backing across the network, followed by gradually reactivating Federation redemption functionality for authorized PAK key holders. However, the complete restoration of these features remains contingent upon the successful completion of remaining security checks and operational requirements.
Fortune Interviews Gate Founder and CEO Dr. Han: Gate Money Connects Asset Holding, Trading, and Payments, Moving Toward a New Stage of Integrated Finance
Odaily News: Recently, Gate founder and CEO Dr. Han gave an exclusive interview to Fortune, sharing Gate's strategic thinking on evolving from a crypto asset trading platform into an integrated financial services application. During TOKEN2049 Singapore, Gate officially launched Gate Money, with "One Gate, Everything Money" as its core concept, bringing together fiat currency, digital assets, stocks, ETFs, gold, bank accounts, and payment services on a single platform. Users in eligible regions can open a global bank account in their own name online, and in the future will also be able to receive payments in more than 60 local currencies; Gate Card connects assets with consumption scenarios, enabling multiple asset types, including fiat currency, digital assets, tokenized gold, and stocks, to be used more flexibly for everyday payments. Gate Money also supports QR code payments via local payment codes in certain countries and regions.Dr. Han stated that, building on Gate's long-accumulated capabilities in trading, liquidity, and asset services, Gate Money expands fund management and real-world payment scenarios. In his vision: "In users' minds, assets are inherently a whole. Even if they exist in five different forms, they should be managed in a unified way within one app." Therefore, Gate Money aims to let users complete holding, trading, exchange, yield management, and spending within the same account, and to provide more options for flows between different asset forms, rather than making judgments for users.Currently, Gate serves more than 61 million users worldwide, covering over 130 countries and regions. Looking ahead to the next five years, Dr. Han expects the tokenization of traditional assets to continue advancing, and AI Agents to further change how users manage and use funds. From serving traders to connecting broader capital needs, Gate is extending its digital asset capabilities into more complete financial life scenarios.
Celebrating the S16 League of Legends World Championship, Gate Launches the Rift Peak Prediction Contest with a 150,000 USDT Prize Pool
Odaily News: As the 2026 League of Legends World Championship officially kicks off, Gate has launched its blockbuster Rift Peak Prediction Contest. The event runs from October 14, 2026, 16:00 (UTC+8) to November 15, 2026, 16:00 (UTC+8). Users can participate through the Gate App in designated World Championship event markets, predicting individual match outcomes, series scores, advancing teams, and the ultimate champion.The total prize pool for this event reaches up to 150,000 USDT, featuring four core gameplay modes: First Prediction Gift: Users who participate in event markets for the first time with a cumulative trading volume of no less than 200 USDT can receive a 10 USDT trial voucher, limited to the first 4,000 participants; Stage Rewards: Covering the four major stages of the Play-In Stage, Swiss Stage, Knockout Stage, and Finals, users can unlock trial vouchers at different tiers based on their trading volume, with a cumulative prize pool of 50,000 USDT; Rift Power Ranking: Users can accumulate power points through trading volume, and the top 100 high-power players will share a dedicated prize pool of 30,000 USDT, with the champion receiving an exclusive 5,000 USDT; Rift Bonus Benefits: The event includes a 10,000 USDT champion prediction shared prize pool, a 10,000 USDT finals prediction loss compensation prize pool (with a maximum compensation ratio of 20%, distributed in the form of trial vouchers), and a Witness Award that grants lottery eligibility for participating in all four stages, with a total of 100 slots for rewards equivalent to 100 USDT each. Users can now head to the Gate App to participate in the event, enjoying generous prize pool rewards while predicting match performances and team fates.
Enable new mid-jungle duo, predict.fun "Demacia Cup Knockout Stage JDG defeats BFX" probability currently at 33%
Monitoring shows that in the predict.fun "Demacia Cup Quarterfinal Knockout Stage BFX vs JDG" prediction event, the probability of JDG defeating BFX is currently reported at 33%.Tonight at 6 PM, the 2026 Demacia Cup International Invitational quarterfinal knockout stage features BFX versus JDG in a BO5 format. During the Swiss stage, BFX defeated VIT and LGD in succession, securing a quarterfinal spot early with a two-match win streak; JDG's path to advancement was far more precarious, losing to BRO in the first round, then defeating SR to enter the 1-1 bracket, but subsequently falling 0-2 to LGD and dropping into the 1-2 bracket, only managing to reverse-sweep NAVI 2-1 in the final round to claim the last quarterfinal berth.Additionally, due to a scheduling conflict with mid laner HongQ and jungler JunJia's Asian Games commitments, JDG has temporarily fielded the duo of Angel and xiaofang.Unlike previous years, this year's Demacia Cup has been upgraded to an International Invitational, bringing together 12 teams from six major regions including the LPL, LCK, and LEC. Starting from the quarterfinals, a single-elimination format is adopted, with matches held at JDG's home venue in Beijing. Winners advance to the semifinals, while losers are eliminated outright.
Gate Releases TOKEN2049 Singapore Teaser Video, Dr. Han to Attend and Deliver Main Stage Speech
Odaily News — As TOKEN2049 Singapore approaches, Gate has released a teaser video for the event. In the video, Gate founder and CEO Dr. Han shares his thoughts on continuous innovation and change, stating that the next one to two years will mark "a new starting point," and that Gate will continue to advance its products, services, and market development.It is reported that Dr. Han will attend TOKEN2049 Singapore, deliver a keynote speech on the main stage, and engage in a fireside chat with four-time F1 World Champion Max Verstappen. During the event, Gate will set up a branded booth and an exclusive Lounge at the TOKEN2049 venue, providing attendees with a space to gain deeper insights into Gate's products, business layout, and global ecosystem development.In addition, Gate will host the Gate Gala award dinner on October 8 at the Raffles Hotel Singapore, with an expected attendance of nearly 300 global industry founders, institutional representatives, investors, content creators, and ecosystem partners.Currently, Gate's global user base has surpassed 61 million, with the platform supporting 5,300+ cryptocurrencies and 12,800+ stocks and ETFs, covering spot trading, futures, stocks, wealth management, payments, AI, and more. As its business footprint continues to expand, Gate is building a global platform that encompasses diverse assets and financial services. This TOKEN2049 Singapore trip will showcase Gate's latest progress and future roadmap, ushering in the next phase with a more complete business portfolio and broader global connectivity.
Related news
Smart money buys nearly $170,000 on HLE defeating G2 in League of Legends S16 Swiss Stage
PPP prediction market tool monitoring shows that in the Polymarket "League of Legends S16 Swiss Stage HLE vs. G2" prediction event, a smart money address (0x57a85952044f2c8e4d31b475aab6987d2f98ebc2) with over $1.44 million in profits purchased $100,000 on HLE defeating G2 at an average entry price of 78¢, with an unrealized profit of $600. In addition, the address purchased nearly $70,000 on HLE winning with a 1.5 game handicap against G2 at an average entry price of 53¢, with an unrealized profit of $600. At around 6:30 AM today, the 2026 League of Legends S16 Swiss Stage will feature G2 versus HLE in a BO3 format.Join the PPP signal push community to stay one step ahead and seize the advantage.
Losers are eliminated directly; predict.fun's "League of Legends S16 Swiss Stage HLE defeats G2" probability currently at 79%
Monitoring shows that in the predict.fun "League of Legends S16 Swiss Stage G2 vs. HLE" prediction event, the probability of HLE defeating G2 is currently at 79%.At around 6:30 AM today, the 2026 League of Legends S16 Swiss Stage will see G2 face off against HLE in a BO3 format match. Both teams currently hold a 1-2 record. The winner will advance to the 2-2 group and continue competing for a quarterfinal spot; the loser will be eliminated directly with a 1-3 record, ending their run at this year's World Championship.In the previous three rounds, G2 lost to LCK team DK in the first round, then defeated Pacific region team TSW, but fell to LPL team TES in the third round. HLE, after defeating TES in the first round, suffered consecutive losses to GEN and IG, dropping two straight.
Another Encounter with a European Team: predict.fun Reports 71% Probability of "League of Legends S16 Swiss Stage BLG Defeating KC"
Monitoring shows that in the predict.fun prediction event "League of Legends S16 Swiss Stage BLG vs. KC," the probability of BLG defeating KC is currently reported at 71%.At 2 AM today, the third round of the 2026 League of Legends World Championship Swiss Stage will feature BLG versus KC in a BO1 format. Both teams currently hold a 1-1 record.In the previous two rounds, BLG suffered an upset loss to European team MKOI in their opening match, then defeated North American team TL to secure their first Worlds win; KC defeated LPL's top seed AL in the first round, then lost to North American team LYON, also holding a 1-1 record.
An account purchased $195,000 worth of T1 defeating CFO in the League of Legends S16 Swiss Stage
According to monitoring by the PPP prediction market tool, in the "League of Legends S16 World Championship Swiss Stage Round 3 T1 vs. CFO" prediction event, an account with a weekly profit of $1.37 million(0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $195,000 worth of T1 defeating CFO, with an average entry price of 86.5¢ and 226,173.3 shares purchased.The League of Legends S16 World Championship is currently in the Swiss Stage Round 3, with each match being a BO1.Join the PPP signal push community to stay one step ahead and seize the initiative.
Both teams are 1-1, and predict.fun's "League of Legends S16 Swiss Stage T1 defeats CFO" probability is currently reported at 89%
Monitoring shows that in the predict.fun prediction event "League of Legends S16 Swiss Stage T1 vs. CFO," the probability of T1 defeating CFO is currently reported at 89%.At 1 AM today, the third round of the 2026 League of Legends World Championship Swiss Stage will feature T1 versus CFO in a BO1 format. Both teams currently hold a 1-1 record; the winner will advance to the 2-1 group and be just one win away from qualifying for the quarterfinals, while the loser will fall into the 1-2 group and face elimination pressure in the next round.In the previous two rounds, T1 defeated North American team LOS in their opening match before losing to LCK team DK; CFO defeated North American team TL in the first round and then lost to European team MKOI in the second round.
A certain smart money purchased $50,000 on LOL Worlds Swiss Stage AL defeating TES
PPP prediction market tool monitoring shows that in the Polymarket "LOL Worlds Swiss Stage AL vs TES" prediction event, a dumb money address (address: 0xdd882a70680633a75516f6ed5fce443e2d96dadb) that has lost over $1.1 million purchased $50,000 on AL defeating TES, with an average entry price of 64¢ and an unrealized loss of $4,400.At 1 AM today, the second round of the 2026 League of Legends World Championship Swiss Stage featured TES vs AL in a BO1 format. Both teams lost their opening Swiss Stage matches yesterday, placing them in the 0-1 bracket.Join the PPP signal push community to stay one step ahead and seize the initiative.