News linked to both this project and an event.
Odaily reports: Alphabet says demand for its cloud services is growing rapidly, as reflected in the increase in its "backlog" (i.e., cloud service contracts not yet fulfilled). However, more than one-third of that quarterly growth came from a joint venture in which the company holds a stake. This disclosure appeared in a quarterly filing submitted on Thursday. The filing outlines the AI-related risks Alphabet faces, which extend beyond what the company discussed on its earnings call the previous day. In addition to the more than $1 trillion in purchase commitments, future lease payments, and other obligations disclosed by the chief financial officer on the investor call, the filing also lists approximately $98.5 billion in contingent commitments—obligations the company may need to assume under certain conditions. That amount is up about $23 billion from the previous quarter. These commitments include guaranteeing data center lease payments, supporting partners in procuring power equipment, and, under specific circumstances, potentially repurchasing AI chip systems from customers. (Bloomberg)
the Bank of England (BoE) has opened a consultation on central counterparties (CCPs) accepting digital representations of eligible collateral, and stated that current rules already permit the use of such assets when they meet clearing standards. The proposed supervisory statement will clarify what CCPs need to address when submitting applications under the existing approval process, without creating new regulatory obligations.The Bank of England stated that tokenized collateral must remain capable of valuation, transfer, and liquidation under stress scenarios, and that faster cross-jurisdictional asset transfers could help firms meet margin requirements. The consultation will close on February 12, 2027, and the central bank expects to publish its policy response and related rules later this quarter. (Cointelegraph)
The Federal Reserve is about to announce its interest rate decision, after which Fed Chair Kevin Warsh will hold a press conference. Markets expect the Fed to keep the benchmark rate unchanged in the 3.75%–4% range, with investors focused on three key signals: first, whether three or more voting members dissent from holding rates steady and advocate for a hike; second, how Warsh assesses the recent easing of financial conditions and the pullback in U.S. Treasury yields; third, what he says about two consecutive months of above-expectation inflation data, oil prices near $100, and record-high U.S. diesel prices.If more officials signal a hawkish tilt, or if Warsh views looser financial conditions as exacerbating inflationary pressure, market expectations for future rate hikes could intensify, potentially lending support to the dollar index while weighing on risk assets such as Bitcoin. Ahead of the decision, Bitcoin stood at $81,411, up more than 2% over 24 hours; Ethereum, SOL, and XRP also posted gains of over 2% over the same period. (CoinDesk)
According to Reuters, sources familiar with the matter said Musk revealed progress on evaluating a SpaceX-Tesla merger during an investor call this week and publicly expressed his support. The move has unsettled some negotiation participants, potentially delaying talks by several weeks and triggering more extensive legal scrutiny. During the call, Musk stated that both companies are exploring what could become the largest corporate transaction in history and have established special committees to evaluate the proposals. He also acknowledged a conflict of interest, stating he cannot participate in discussions involving either committee. The deal remains in its early stages. According to three sources familiar with the matter, both sides have engaged advisors, and discussed deal structures include SpaceX acquiring Tesla or combining the two companies through a newly established holding company, with consideration arrangements including an all-stock transaction. Musk owns nearly one-fifth of Tesla and just under half of SpaceX. Those involved in the negotiations worry that his public comments will lead investors to question the independence of the special committees and place greater emphasis on how conflicts of interest are addressed.
According to The Information, Anthropic has an unreleased model capable of inferring user goals from sparse instructions. The report states that the model's reasoning and intuition capabilities surpass those of Anthropic's current models, enabling it to infer user intent even when individuals never explicitly state what they truly want. Anthropic has not yet disclosed the release date or specific parameters for the model.
Odaily News: The U.S. Office of the Comptroller of the Currency (OCC) has released a report on "debanking," stating that some banks have used public and non-public policies to restrict financial services for multiple industries, including crude oil, natural gas, tobacco, firearms, and digital assets. The report notes that some institutions restricted digital asset businesses, including issuers, exchanges, and managers, often citing financial crime concerns as the reason.The OCC stated that the report was prepared in accordance with an executive order signed by Donald Trump in August 2025, which aims to prevent what it calls "illegal debanking." The report reviewed 9 major banks but did not list specific cases related to digital asset businesses, nor did it comprehensively quantify the scope of debanking or related allegations.OCC head Jonathan Gould said that some debanking decisions related to coal and firearms were not based on financial risk, with banks citing reputational risks from negative news, public protests, and support for related industries. In November 2024, more than 30 tech and crypto industry executives said they were unable to access banking services. (Cointelegraph)
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
Odaily News: Trump's support among voters aged 18 to 29 dropped from 43% to 19%. Some young cryptocurrency investors have described his crypto projects as profit-seeking ventures, and criticized the TRUMP Meme coin for exploiting supporters who are familiar with crypto.Morten Christensen, an investor who holds a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was campaigning for president. He noted that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025.Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues the US dollar-pegged stablecoin USD1, whose market capitalization exceeds $4 billion. (Bitcoin.com News)
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that although the CLARITY Act was not passed by Congress, the SEC will still clarify onchain fundraising rules within its statutory authority.The U.S. Senate failed to advance the CLARITY Act on September 15 with a 49-50 vote, falling short of the required 60-vote threshold. Atkins has not yet disclosed what form the relevant guidance will take—whether exemptions, a registration pathway, or staff guidance.The SEC previously paved the way for tokenized stocks on September 17, and on September 25 published nine FAQs explaining the impact of token issuers' commitments on securities determinations. Commissioner Hester Peirce will depart on October 2, leaving the SEC with only two sitting commissioners, Atkins and Mark Uyeda. (Bitcoin.com News)
Following the Federal Reserve's expected 25-basis-point rate hike at its September policy meeting, Huobi HTX Chief Analyst Andy noted that what truly warrants attention is the Fed's comprehensive hawkish shift. All 12 officials voted unanimously—a rare occurrence—while the dot plot clearly points to another rate hike within the year, confirming that tightening has become consensus.
overseas crypto KOL Brady Dale posted on X, stating that three individuals are to blame for the failure of the CLARITY Act.The first chief culprit is Trump, whose sin lies in launching a token, making moral justice the ultimate core point of contention.The second chief culprit is Republican Senator Tim Scott, whose sin lies in stubbornly insisting that the Senate waste enormous time cooking up its own version, squandering what little momentum the earlier GENIUS Act had painstakingly built up.The third chief culprit is Republican Senator Cynthia Lummis. As early as last fall, I already felt this whole thing was doomed.
Odaily News: Moonrock Capital founder Simon Dedic posted on X, stating: "The Senate vote on the Clarity Act is expected to take place in about 10 hours. Democrats have already rejected the Republican-drafted bill on the pretext of so-called 'ethics concerns' (eThIcS cOncErNs); the predicted odds on Polymarket have collapsed, and the market has fully priced in expectations of failure. Regardless of the outcome, however, I am very much looking forward to this vote. It means we can finally turn the page and shift our energy to far more important matters. If the bill fails to pass, we will instead get equally strong pro-crypto regulatory policy from the SEC; and if even that doesn't happen, then the responsibility for watching the U.S. hand over its leadership in frontier finance and sit idly by as the world's most dynamic companies move offshore will rest entirely on the Democrats. Politics is tiresome, but America is not so foolish as to let that situation happen. So what must come will come, and we will ultimately prevail."
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
Odaily News: In response to the discussion about "why Coinbase would consider Jesse Pollak its onchain savior," Cobie said that although he does not agree with all of Jesse Pollak's views, he believes this assessment is well deserved.Cobie pointed out that Jesse Pollak drove Base's launch from scratch, and argued that Base arguably pioneered the trend of enterprises building their own chains that later followed from companies such as Stripe and Robinhood. Base's development predated the 2023 Solana meme coin wave, and Jesse Pollak kept pushing the project forward through the bear market after the FTX collapse until it launched.Cobie also said that Jesse Pollak has indeed made some mistakes over the past year, but what deserves respect is that even after facing long-term criticism from Crypto Twitter, he still keeps showing up and putting in the work every day.
The Ethereum Foundation announced that Trezor now supports clear signing via ERC-7730. This feature aims to improve the readability of transaction content, helping users better understand what they are signing when transacting on Ethereum. Previously, the Ethereum Foundation's "Trillion Dollar Security Plan" detailed progress from the Clear Signing Working Group and encouraged more wallets and decentralized applications to participate in developing this standard.
Circle CEO Jeremy Allaire stated that over 1% of CRCL's shares are held as tokenized stocks, with a value exceeding $280 million, surpassing any other publicly traded company globally. He also posed the question of "what year will the tipping point occur?", implying that the scale of tokenized stock holdings could continue to expand in the future.
Odaily News Uniswap founder Hayden said on X that correlated trading pairs are emerging. The top five tokenized SPY trading pairs by volume are "bridge" pairs connecting other common base pairs, which then primarily link to highly correlated tokenized stocks. These markets are global, programmable, low-cost, and operate 24/7.Uniswap founder Hayden said on X:.I've been working at the frontier of DeFi for 9 years. It's a fascinating field with infinite depth and the potential to transform capital markets.I've always believed AMMs hold immense potential, but for the past decade, one question has persisted: Can this novel market structure truly become the core engine for all financial markets?After years of evolution and development, the path for AMMs to achieve global dominance is becoming increasingly clear. To explain this, we need to start in 1976.Tokenization Changes Market Makers.Index funds celebrated their 50th anniversary this month. When Jack Bogle launched the index fund in 1976, he hoped to raise $150 million but ultimately raised only $11.3 million. Competitors called it "Bogle's Folly," posting posters claiming index funds were un-American. They argued that a fund making no decisions couldn't possibly beat professionals paid to make decisions. Today, the majority of US fund assets are allocated to passive investment vehicles.I've been thinking about this recently because tokenization's "folly moment" is ending. The SEC has approved NASDAQ and the NYSE to trade tokenized stocks. DTCC, which handles virtually all US securities settlement, also conducted a live pilot of tokenized trades in July. Nearly all related activity is described the same way: treating tokenization as an infrastructure upgrade.The same markets, faster, cheaper, and always open. These statements are all true, but I believe the infrastructure upgrade framework obscures a larger change. Tokenization makes markets programmable, changing how markets exist, who makes markets, and what is traded.In 2018, I created Uniswap, an automated market maker protocol. Anyone can deposit two assets into a shared liquidity pool and earn fees from every trade, while prices adjust along a curve as users buy and sell. Uniswap has operated autonomously since its launch, processing over $4.6 trillion in cumulative volume and increasing DEX spot volume share from under 1% to over 20%.As AMMs like Uniswap continue to evolve, their liquidity has formed a pattern most financial markets haven't noticed yet: correlated trading pairs.The Easiest Place to Find Success.To succeed everywhere, you must first succeed somewhere. AMMs found product-market fit in long-tail markets because most assets previously couldn't attract professional market makers' attention. On Uniswap, anyone can create a market with a single transaction, and issuers and early supporters can become the first liquidity providers.Then came stablecoin pairs. Take USDC/USDT, for example. A good passive strategy can approach optimal l
Monitoring by PPP Prediction Market Tool shows that on Polymarket, the probability of "Trump picking Margo Martin as the next White House press secretary" briefly rose to 15% before falling back to 9%, up 5% over 24 hours.When asked this week at Joint Base Andrews in Maryland about who would succeed White House press secretary Leavitt, Trump suddenly asked reporters: "What about Margo, what do you all think of her?" He also jokingly turned the question back to the reporters on site, saying, "I don't know (who it will be), maybe it's you."Karoline Leavitt will leave office at the end of August, making "who will succeed Leavitt" a recent focus of U.S. media attention. Margo Martin currently serves as Special Assistant to the President and Communications Advisor, primarily responsible for sharing information about presidential activities via social media.Join the PPP Signal Push Community to stay one step ahead and seize the initiative.
Odaily News, X-Agent recently published a technical article titled "An OPC Is a Stack, Not a Headcount Story," arguing that as AI significantly reduces R&D and operational costs, the competitiveness of a One Person Company (OPC) should no longer be measured by how much work a single person can complete.The article points out that an OPC with true commercial capability needs to establish a complete closed loop spanning demand discovery, AI production, capability infrastructure, distribution, economic systems, and market feedback.And this is precisely the problem X-Agent aims to solve.At the capability layer, X-Agent leverages MCP to help individual developers productize their capabilities, transforming a project into a service that can be discovered, invoked, and verified by Agents. At the commercial layer, X-Agent further connects Agent distribution and payment infrastructure, enabling services to enter real Agent workflows, with usage-based billing, budget management, payment, and settlement.Meanwhile, the X-Agent MCP Hackathon is also driving this model into practice: developers do not need to start by building an "MCP server" from scratch. Instead, they first prove that a real capability can solve a practical problem, then convert it into a production-grade Agent service through standardization, deployment verification, and security checks.Therefore, what X-Agent is building is not just a development tool, but a framework that helps OPCs complete:Demand discovery → Capability building → MCP productization → Agent distribution → Commercial settlement → Market feedbackUltimately forming a self-reinforcing AI business closed loop.The OPC of the future is not one person taking on all the work, but one person using AI and Agents to organize a complete set of company-level capabilities.
According to BeInCrypto, a field research report recently released by the Bank of Italy shows that stablecoins do not possess a systemic cost advantage in cross-border remittances. Researchers tested USDC transfers of $200 through 10 actual remittance corridors, covering routes between Italy and Argentina, Brazil, South Africa, the UAE, and Japan, with total fees ranging from 0.3% to nearly 9%, showing a significant disparity. The study found that on-chain transfers themselves accounted for an average of only 0.4% of the total cost; what truly drove up fees were steps still reliant on banks and exchanges, such as funding, currency conversion, and withdrawal. Taking the UAE-to-Italy corridor as an example, where bank transfers were unavailable and credit card funding was forced, fees alone reached as high as 3.8%. Meanwhile, transfer speeds also differed significantly due to variations in destination payment infrastructure. Instant payment systems like Brazil's Pix could complete settlement within 20 minutes, while South Africa required 1 to 2 business days, no different from traditional bank wire transfers. The report pointed out that stablecoins currently still heavily rely on the banking system they attempt to replace, and the narrative that "stablecoins are quietly replacing traditional payment rails" remains unsubstantiated.