News Heat Trend
Project Overview
Tether, the world's largest issuer of stablecoins, is a company that issues stablecoins pegged 1:1 to fiat currencies and aims to promote the digital use of fiat currencies. It currently has four divisions: Tether Data, which specializes in AI and P2P technology investments; Tether Finance, which manages stablecoin services; Tether Power, which is responsible for sustainable bitcoin mining; and Tether Edu, which promotes digital skills education.
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)
Tether and Fasanara Capital Launch $400 Million Private Credit Fund
Tether 宣布与科技型私人信贷资产管理机构 Fasanara Capital 共同推出私人信贷基金 StableFund。该基金由双方共同发起，目前由两家机构提供总计 4 亿美元的锚定投资，并计划进一步吸引最高 30 亿美元的第三方机构资本。 该基金将重点向中小企业提供短期限、资产支持型信贷。Fasanara Capital 将担任投资管理人，通过覆盖 60 多个国家的金融科技借贷网络进行资产配置；Tether 则担任联合发起方、资产发起方及顾问，负责寻找与 USD₮挂钩的融资机会，并提供稳定币结算、出入金及资金管理基础设施。
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)
Binance Futures to List BYDUSDT and HK0992USDT USDT-Margined TradFi Perpetual Contracts
Binance Futures announces the listing of multiple USDT-M perpetual contracts for traditional financial assets on September 7, 2026. The BYDUSDT contract will list at 10:00 (UTC+8) on that day, with BYD Company Limited H-shares as the underlying asset. The HK0992USDT Quanto perpetual contract will list at 10:05 (UTC+8), with Lenovo Group Limited as the underlying asset.
Tether Leads $3 Million Seed Funding Round for Colombian Fintech Plenti
According to Crypto Briefing, Colombian fintech company Plenti has completed a $3 million seed funding round led by Tether, with participation from Verda Ventures. Plenti plans to use the funds to expand its operations in Colombia and enter the markets of Peru and Bolivia.
FBI seizes approximately $560,000 in cryptocurrency and takes control of Hamas fundraising website
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)
CoinEx Founder: Seriously Considered Selling CoinEx, But Ultimately Chose to Shut Down the Platform and Conduct an Orderly Wind-Down
CoinEx founder Yang Haipo posted on X regarding the shutdown and orderly wind-down of CoinEx, stating that CoinEx's asset reserve ratio currently exceeds 100%, and all user assets are fully backed by sufficient reserves and can be withdrawn normally.Regarding the reasons for the shutdown, Yang Haipo stated that CoinEx had been operating for nine years but ultimately failed to become an industry-leading exchange, while the security and compliance risks of operating a crypto exchange have become increasingly difficult to control. "Revenue can decline, but responsibility will not diminish. Taking on unlimited risk for limited revenue is no longer a rational choice."Yang Haipo also revealed that he had seriously considered selling CoinEx but ultimately decided against it. He stated that users entrusted their assets to CoinEx based on trust in the platform and, in many cases, in him personally, and therefore believed that handing over the platform and that trust to a new owner was not the right way to end this journey. In addition, CoinEx will ensure that users can withdraw their full balances and will buy back CET at unlimited quantities at its initial listing price of 0.005 USDT/CET.
India FIU-IND Issues Non-Compliance Notices to 15 Offshore Crypto Platforms
According to CoinDesk, India's Financial Intelligence Unit (FIU-IND) issued non-compliance notices to 15 small and medium-sized offshore cryptocurrency platforms—including Weex, Blofin, Rezorex, Bitunix, DigiFinex, Toobit, XT.com, Latoken, WOO X, Pionex, ChangeNow, SimpleSwap, Fixedfloat, WhiteBIT, and Guardarian—pursuant to Section 13 of the Anti-Money Laundering Act, alleging that these platforms violated regulations by serving Indian users without registering with FIU-IND. Since March 2023, India has brought cryptocurrency platforms under an anti-money laundering regulatory framework equivalent to that of traditional banks, mandating that all platforms serving Indian users, regardless of whether they maintain domestic offices, complete registration and fulfill obligations including customer identity verification and suspicious transaction reporting. In light of this enforcement, reports indicate that some Indian users are circumventing regulations by transferring USDT to overseas platforms to purchase gift cards. FIU-IND also cautioned the public that cryptocurrency products and NFTs remain unregulated and carry high risks, and that affected users may not be able to obtain regulatory recourse for any resulting losses.
100 Nodes Can Store the Entire Wikipedia Archive; Tether Is Developing a Decentralized P2P Search Engine
Odaily News: Paolo Ardoino posted on platform X that the Tether P2P team is developing a peer-to-peer search engine that can scale to thousands of nodes, achieving high availability and censorship resistance through self-organizing, fault-tolerant data structures. In the current test environment, the team has successfully distributed the full Wikipedia archive across 100 nodes and enabled search functionality.
Liquid Network: In discussions with white hat to recover remaining 598.5 BTC, network restoration efforts also underway
Liquid Network's official security incident report: On September 6, a vulnerability related to the range proof verification method in Liquid node caching within the open-source software Elements was exploited, resulting in the creation of approximately 4,000 LBTC tokens not backed by bitcoin reserves. The exploiter subsequently exchanged them for approximately 4,000 BTC via SideSwap and the Liquid standard Peg-out mechanism. Prior to the incident, Liquid's reserves stood at approximately 4,205 BTC. After the relevant Peg-out and other withdrawals completed before the network halt, reserves fell to 197 BTC.According to the official statement, the incident did not involve the compromise of Functionary nodes or private keys, and other issued assets on Liquid such as USDT were also unaffected by the vulnerability. The exploiter claimed to be a white hat security researcher and returned 3,400 BTC to the Liquid Federation Peg wallet on September 7. Approximately 598.5 BTC (about 15% of the funds involved) remain unrecovered, and Blockstream is in communication to recover the remaining assets.At present, the top priority is to recover the remaining funds and restore Liquid Network to normal operation as quickly and safely as possible. A fix for the vulnerability has been developed and is currently undergoing multiple rounds of internal and external review. Blockstream is preparing to urgently release Elements v23.3.4, which is expected to be rolled out as soon as preparations are complete, with a target launch within approximately 48 hours. Following the software update, Liquid Network Functionary operators will make further adjustments to restore full network functionality and resume a corrected network state, including rejecting previously invalid Peg-outs.
Ave × BNB Chain × Four.meme bStocks Trading Competition Rules Update: Four.Meme 4Stock Mode Officially Added to Event Scope
Odaily News - The Ave × BNB Chain × Four.meme bStocks trading competition has now introduced a rules update, adding Four.Meme 4Stock mode to the event's eligible scope.4Stock is an innovative Meme trading mode created by Four.meme based on stock narratives, combining traditional market hotspots with the on-chain Meme ecosystem to deliver a brand-new trading experience for users.Starting September 8, trading volume generated from participating in and trading Four.Meme 4Stock-related assets will be counted toward the event's valid trading volume. Users who meet the rules can compete on the leaderboard for a share of the total 150,000 USDT trading competition prize pool, which includes a 50,000 USDT Four.meme exclusive prize pool.In addition, individual participants in the competition can win up to 20,000 USDT in rewards.
FBI Seizes Over $560,000 in Cryptocurrency Linked to Hamas Network, Funds Moved via Shared Gas Wallets and Cross-Chain Bridges
Odaily News: The U.S. Federal Bureau of Investigation (FBI), combining blockchain analysis, human intelligence, and court orders, tracked and seized over $560,000 in cryptocurrency originally intended for Hamas. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts.Three seizure actions took place in March, June, and October 2025. Investigators discovered that multiple donation addresses linked to Hamas' military wing, the Al Qassam Brigades, used the same gas wallet to pay transaction fees. Through Reactor, they visualized funds flowing from donation wallets to operational wallets and related infrastructure.In the June 2025 case, funds moved through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts. By October, the network had shifted to using one-time donation wallets and cross-chain bridges. Court orders required Tether to burn USDT at designated addresses and reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer balances from three accounts. (Bitcoin.com News)
CoinEx Founder: Seriously Considered Selling CoinEx, But Ultimately Chose to Shut Down the Platform and Conduct an Orderly Wind-Down
CoinEx founder Yang Haipo posted on X regarding the shutdown and orderly wind-down of CoinEx, stating that CoinEx's asset reserve ratio currently exceeds 100%, and all user assets are fully backed by sufficient reserves and can be withdrawn normally.Regarding the reasons for the shutdown, Yang Haipo stated that CoinEx had been operating for nine years but ultimately failed to become an industry-leading exchange, while the security and compliance risks of operating a crypto exchange have become increasingly difficult to control. "Revenue can decline, but responsibility will not diminish. Taking on unlimited risk for limited revenue is no longer a rational choice."Yang Haipo also revealed that he had seriously considered selling CoinEx but ultimately decided against it. He stated that users entrusted their assets to CoinEx based on trust in the platform and, in many cases, in him personally, and therefore believed that handing over the platform and that trust to a new owner was not the right way to end this journey. In addition, CoinEx will ensure that users can withdraw their full balances and will buy back CET at unlimited quantities at its initial listing price of 0.005 USDT/CET.
ETH Returns to $2,500, an Address Suspected of Dumping $8.4 Million Worth of ETH
According to on-chain analyst Ai Yi, ETH has returned to $2,500, and an address is suspected of dumping $8.4 million worth of ETH. This address deposited a total of 3,333 $ETH to #OKX 4 hours ago, and subsequently withdrew 5.92 million USDT from the exchange, likely having partially sold off.
Gate has listed STONK for spot trading, with flash conversion trading set to open today
Odaily News: According to an official announcement, Gate has listed STONK (STONK) for spot trading, and the STONK/USDT trading pair opened on September 14 at 19:00 (UTC+8). Flash conversion trading is expected to open at 20:00 (UTC+8), subject to the token status display. Withdrawals are expected to open on September 15 at 19:00 (UTC+8).
Hong Kong Septuagenarian Falls Victim to Cryptocurrency Investment Scam, Loses Over HK$13 Million
According to reports from HK08, the Hong Kong police received over 40 investment fraud cases in the past week, with total losses exceeding 50 million Hong Kong dollars. A septuagenarian received an unsolicited message via WhatsApp from an individual claiming to be a Singaporean "crypto investment expert." Following instructions, he set up a wallet and purchased USDT and ETH, then downloaded a fake investment app provided by the sender and transferred his assets to a designated address. The fraudulent app initially displayed profits to urge him to double his investment. He only realized he had been scammed after being denied a withdrawal, resulting in losses of over 13 million Hong Kong dollars.
Binance Will Support USDT Token Contract Swap on Optimism Network
Binance announced that it will support the migration of the USDT token contract on the Optimism network. The platform will suspend deposits and withdrawals for USDT on the Optimism network at 10:00 UTC+8 on September 17, 2026, and will announce the resumption time separately upon completion of the migration.
“Set 10 major goals first” transfers 70,000 USDT to help a person seeking assistance, who subsequently deletes the receiving address
Odaily reports: According to community information, the whale "Set 10 Major Goals First" saw an X platform user post a plea saying "Help my mother" and directly transferred 70,000 USDT (approximately 500,000 RMB) to help. Notably, after the funds arrived, the person seeking help quickly deleted the receiving address from the comments section.Community members discovered that this account had previously sent private messages to multiple people soliciting funds and had repeatedly posted help-seeking content such as "Help me," raising questions about the use of the funds and calling for the subsequent disclosure of hospitalization bills, payment records, and treatment arrangements. At present, this incident cannot yet be proven to involve any misuse of funds.
Chainflip Hit by Attack, 736,442 USDT Stolen, Recovery Expected Around Monday
Odaily reports: Cross-chain protocol Chainflip has disclosed that an attack targeting Tron USDT occurred yesterday. It has been confirmed that 736,442.17 USDT was stolen through 6 unauthorized payments, while another 115,654.41 USDT in user swaps remained in the vault due to failed payments. All other funds were unaffected.Chainflip stated that the attacker exploited a vulnerability in the Tron transaction memo mechanism by attaching custom memos to transactions already signed by validators, causing the system to identify the same deposit as separate swaps and issue refunds again, ultimately resulting in duplicate payments. The attacker carried out 8 operations over approximately 90 minutes, gradually increasing the amounts. Chainflip said it has completed a fix and has flagged the stolen funds to relevant authorities in an attempt to recover them. The protocol is expected to resume operations as early as Monday and will be responsible for compensating affected users for their losses.
$50 Million in Liquid Assets Must Be Fully Returned, Samson Mow Warns Alleged White Hat Hacker Attacker Leaves More Clues
according to Bitcoin News monitoring, Samson Mow has warned the alleged white hat hacker behind the Liquid attack that they may have left behind more clues than they realize. Mow stated, "The net of justice is wide and inescapable; no one will be spared." Mow also questioned the attacker's demand to return Bitcoin in exchange for a bounty, asking whether it is wise to publicly admit to taking Bitcoin and demand a bounty in return. Mow pointed out that Liquid's approximately $5 billion in assets, including L-BTC, Tether, and real-world assets, all belong to their respective issuers and holders, and cannot be used as a basis for calculating a bounty. Regardless of how other matters are negotiated, all user assets must be fully returned.
UK NCA warns criminals are "innovatively" using crypto assets to launder money
According to Decrypt, the UK National Economic Crime Centre (NECC) stated in its annual report that criminals are "innovatively" leveraging crypto asset products to evade detection and transfer illicit funds at scale, while also highlighting AI alongside cryptocurrencies as an emerging threat method. Crypto assets have been ranked third among the nine priority economic crime areas jointly designated by NECC, the FCA, and the Treasury. NECC stated it will build more proactive, intelligence-driven crypto capabilities to actively identify targets for enforcement action. Previously, the NCA, in collaboration with the US Secret Service, Coinbase, Binance, Kraken, and Tether, conducted "Operation Atlantic," which identified 20,000 phishing attack victims and resulted in the freezing of $12 million in assets this March.
Liquid Network: In discussions with white hat to recover remaining 598.5 BTC, network restoration efforts also underway
Liquid Network's official security incident report: On September 6, a vulnerability related to the range proof verification method in Liquid node caching within the open-source software Elements was exploited, resulting in the creation of approximately 4,000 LBTC tokens not backed by bitcoin reserves. The exploiter subsequently exchanged them for approximately 4,000 BTC via SideSwap and the Liquid standard Peg-out mechanism. Prior to the incident, Liquid's reserves stood at approximately 4,205 BTC. After the relevant Peg-out and other withdrawals completed before the network halt, reserves fell to 197 BTC.According to the official statement, the incident did not involve the compromise of Functionary nodes or private keys, and other issued assets on Liquid such as USDT were also unaffected by the vulnerability. The exploiter claimed to be a white hat security researcher and returned 3,400 BTC to the Liquid Federation Peg wallet on September 7. Approximately 598.5 BTC (about 15% of the funds involved) remain unrecovered, and Blockstream is in communication to recover the remaining assets.At present, the top priority is to recover the remaining funds and restore Liquid Network to normal operation as quickly and safely as possible. A fix for the vulnerability has been developed and is currently undergoing multiple rounds of internal and external review. Blockstream is preparing to urgently release Elements v23.3.4, which is expected to be rolled out as soon as preparations are complete, with a target launch within approximately 48 hours. Following the software update, Liquid Network Functionary operators will make further adjustments to restore full network functionality and resume a corrected network state, including rejecting previously invalid Peg-outs.
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.
White-Hat Hacker Withdraws Approximately 4,000 BTC from Liquid Network; Side Chain Suspends Operations
According to an announcement from the official Liquid Network X account (@Liquid_BTC), a suspected whitehat hacker withdrew approximately 4,000 BTC worth around $320 million from a Liquid Federation wallet using a SideSwap PAK (Peg-out Authorization Key). The official statement indicated that the key itself was not leaked, and the Blockstream team is attempting to contact the party through on-chain signed messages. Following the incident, exchanges have paused or are about to pause LBTC deposit and withdrawal services. Bridge nodes have been temporarily shut down, and the Liquid sidechain is currently suspended, unable to submit new transactions. Officials emphasized that other Liquid assets such as USDT, DePix, and RWA remain unaffected by this incident, while Federation members are actively working to resolve the issue to restore normal network operations as soon as possible.
CoinEx Founder: Seriously Considered Selling CoinEx, But Ultimately Chose to Shut Down the Platform and Conduct an Orderly Wind-Down
CoinEx founder Yang Haipo posted on X regarding the shutdown and orderly wind-down of CoinEx, stating that CoinEx's asset reserve ratio currently exceeds 100%, and all user assets are fully backed by sufficient reserves and can be withdrawn normally.Regarding the reasons for the shutdown, Yang Haipo stated that CoinEx had been operating for nine years but ultimately failed to become an industry-leading exchange, while the security and compliance risks of operating a crypto exchange have become increasingly difficult to control. "Revenue can decline, but responsibility will not diminish. Taking on unlimited risk for limited revenue is no longer a rational choice."Yang Haipo also revealed that he had seriously considered selling CoinEx but ultimately decided against it. He stated that users entrusted their assets to CoinEx based on trust in the platform and, in many cases, in him personally, and therefore believed that handing over the platform and that trust to a new owner was not the right way to end this journey. In addition, CoinEx will ensure that users can withdraw their full balances and will buy back CET at unlimited quantities at its initial listing price of 0.005 USDT/CET.
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)
Gate has listed STONK for spot trading, with flash conversion trading set to open today
Odaily News: According to an official announcement, Gate has listed STONK (STONK) for spot trading, and the STONK/USDT trading pair opened on September 14 at 19:00 (UTC+8). Flash conversion trading is expected to open at 20:00 (UTC+8), subject to the token status display. Withdrawals are expected to open on September 15 at 19:00 (UTC+8).
HTX will list AINVDA (Artificial Inu) on September 14 at 20:00.
According to the official announcement, HTX will launch AINVDA/USDT spot trading and grid trading at 20:00 (UTC+8) on September 14. AINVDA deposits are now open, and withdrawals will open at 20:00 on September 16. It is reported that Artificial Inu is a tokenized stock Meme coin paired with NVDA on the Robinhood chain. Each transaction increases the Vault size, and transaction fees will be permanently locked or burned.
Gate has listed CATE perpetual contract trading, trading bots, and copy trading
According to official announcements, Odaily reports that Gate has listed CATE perpetual contracts (USDT-settled), supporting 1-20x leverage, and has simultaneously launched CATE trading bots and copy trading features.
Binance Spot Lists CEA Industries (BNCB) bStocks Tokenized Security Trading Pair
According to the official announcement, Binance will open trading for the BNCB/USDT pair of bStocks CEA Industries (BNCB) at 20:00 on September 14.
Related news
CoinEx Founder: Seriously Considered Selling CoinEx, But Ultimately Chose to Shut Down the Platform and Conduct an Orderly Wind-Down
CoinEx founder Yang Haipo posted on X regarding the shutdown and orderly wind-down of CoinEx, stating that CoinEx's asset reserve ratio currently exceeds 100%, and all user assets are fully backed by sufficient reserves and can be withdrawn normally.Regarding the reasons for the shutdown, Yang Haipo stated that CoinEx had been operating for nine years but ultimately failed to become an industry-leading exchange, while the security and compliance risks of operating a crypto exchange have become increasingly difficult to control. "Revenue can decline, but responsibility will not diminish. Taking on unlimited risk for limited revenue is no longer a rational choice."Yang Haipo also revealed that he had seriously considered selling CoinEx but ultimately decided against it. He stated that users entrusted their assets to CoinEx based on trust in the platform and, in many cases, in him personally, and therefore believed that handing over the platform and that trust to a new owner was not the right way to end this journey. In addition, CoinEx will ensure that users can withdraw their full balances and will buy back CET at unlimited quantities at its initial listing price of 0.005 USDT/CET.
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)
ETH Returns to $2,500, an Address Suspected of Dumping $8.4 Million Worth of ETH
According to on-chain analyst Ai Yi, ETH has returned to $2,500, and an address is suspected of dumping $8.4 million worth of ETH. This address deposited a total of 3,333 $ETH to #OKX 4 hours ago, and subsequently withdrew 5.92 million USDT from the exchange, likely having partially sold off.
Bitget Launches Stock Spot Trading Event with a Total Prize Pool Equivalent to 50,000 USDT in Apple Stock
Bitget has launched a stock spot trading event featuring a total prize pool of 50,000 USDT equivalent in Apple stock (rAAPL). The event runs from 19:00 on September 14 to 18:59 on September 21 (UTC+8). During the campaign, users earn blind box entries by trading designated Apple-ecosystem rTokens. Blind box prizes include rAAPL spot cash vouchers ranging from 0.01 to 10 tokens each, with a maximum of 31 boxes available per day and a guaranteed 100% win rate. Additionally, a trading volume leaderboard competition allows the top 50 users to split 61 rAAPL rewards, with the champion earning 10 rAAPL exclusively. For more details, please visit the Bitget official platform.
Gate has listed STONK for spot trading, with flash conversion trading set to open today
Odaily News: According to an official announcement, Gate has listed STONK (STONK) for spot trading, and the STONK/USDT trading pair opened on September 14 at 19:00 (UTC+8). Flash conversion trading is expected to open at 20:00 (UTC+8), subject to the token status display. Withdrawals are expected to open on September 15 at 19:00 (UTC+8).
HTX will list AINVDA (Artificial Inu) on September 14 at 20:00.
According to the official announcement, HTX will launch AINVDA/USDT spot trading and grid trading at 20:00 (UTC+8) on September 14. AINVDA deposits are now open, and withdrawals will open at 20:00 on September 16. It is reported that Artificial Inu is a tokenized stock Meme coin paired with NVDA on the Robinhood chain. Each transaction increases the Vault size, and transaction fees will be permanently locked or burned.