limited

According to official news, the cryptocurrency enterprise banking platform Limited announced the completion of a $18.5 million seed round financing, led by Third Prime, North Island Ventures (NIV), The House Fund, and Collab+Currency, with participation from ParaFi Capital, Pharsalus Capital, Digital Currency Group (DCG), 1982 Ventures, Onigiri Capital, and others.It is reported that Limited is a global financial platform aimed at multinational enterprises, integrating local business accounts, Visa cards, payment, treasury and expense management, and cryptocurrency infrastructure. Enterprises can make and receive payments through local channels such as ACH, SEPA, Pix, and SWIFT, and it also supports the receipt and payment of cryptocurrency assets such as BTC, ETH, and USDC.

B.AI announced that Xiaomi's latest MiMo-V2.6 series will launch exclusive discounts on September 25 at 15:00 (SGT): MiMo-V2.6-Flash will enjoy a 90% discount, and MiMo-V2.6-Pro will enjoy a 50% launch discount.This series supports 1M ultra-long context and multimodal understanding, covering high-frequency agents and complex reasoning scenarios, helping developers run API calls at a low cost.

The U.S. Securities and Exchange Commission (SEC) established a five-year framework for tokenized stock trading days after the failure to advance the CLARITY Act. Investment bank TD Cowen stated that U.S. investors can conveniently access stocks, but issuers show limited interest in tokenization, and short-term adoption rates are expected to be low.TD Cowen pointed out that perpetual contracts remain a greater attraction for gaining exposure to crypto asset stocks, with trading volumes far exceeding those of tokenized spot products.

According to Digital Assets, South Korea's Deputy Prime Minister and Finance Minister nominee Lee Hyeong-jin stated at a parliamentary hearing that taxing virtual assets poses a relatively small burden for most investors and is not expected to have a significant impact on the market.Data shows that about 95% of investors hold assets of less than 5 million Korean Won; when the acquisition cost cannot be proven, 50% of the income can be considered necessary expenses, plus a basic deduction of 2.5 million Korean Won, resulting in a limited actual tax burden for small investors.

J.P. Morgan Private Bank macro investment strategist Patrick Ernst stated that the European Central Bank raised interest rates by 25 basis points as expected, which has a limited impact on the euro to dollar exchange rate.Ernst pointed out that the dollar may still dominate the market. If the U.S. CPI data exceeds expectations, it could weaken the upward momentum of the euro against the dollar. The U.S. CPI data for August will be released on Friday.

CryptoQuant analyst Woominkyu pointed out that Bitcoin closed at $78,450 on September 8, continuing the rebound momentum from around $60,000 during the summer, while there was no simultaneous surge in large deposits at spot exchanges.Data shows that on September 8, the daily inflow of the top ten spot exchanges was 5,442 BTC, which is 4.4 times that of the previous day, but only 5.1% higher than the 30-day average. The seven-day average inflow was 4,678 BTC, lower than several peaks earlier this year. From a more macro perspective, the recent price rebound has not been accompanied by an abnormal increase in large deposit activity, providing limited evidence for assessing the ongoing selling pressure from large transfers.What needs to be focused on next is whether the seven-day average inflow will continue to rise while prices weaken. For now, the deposit rebound on September 8 seems more like a return to recent norms rather than an abnormal spike.

As the Mid-Autumn Festival approaches, the world's leading digital asset trading platform Gate has launched a limited edition gift box themed around the festival, specifically for global partners and VIP users. As an important traditional festival, the Mid-Autumn Festival carries cultural meanings of reunion, gathering, and good wishes. Gate also takes this opportunity to extend sincere greetings to global users and partners, further strengthening interactions with the community and ecological partners.The design of this gift box incorporates visual elements such as the moon and space travel, along with outdoor lifestyle products like picnic mats and inflatable sofas, extending the "moon viewing" imagery of the Mid-Autumn Festival into a more modern outdoor setting. It is worth mentioning that the lunar elements naturally resonate with the long-standing "To the Moon" culture in the cryptocurrency industry: on one end is the bright moon symbolizing reunion and good wishes in Mid-Autumn culture, while on the other end is the cryptocurrency industry's expression of exploration, breakthroughs, and future visions.From holiday gifts to brand cultural expression, Gate's Mid-Autumn gift box integrates the festival's meaning of reunion, outdoor lifestyle, and cryptocurrency culture into a single scene, conveying the spirit of the festival while also strengthening emotional connections with global users and partners in a more industry-specific manner.

U.S. Treasury Secretary Benczkowski vowed at the beginning of this week to launch an "economic assault" against Iran and its trading partners, once again attempting to end the war. However, by the weekend, countries with ties to Iran have so far dismissed this threat, and analysts are disappointed with the actions taken by the U.S.As the week nears its end, the U.S. announced plans to sanction the branch of Egypt's Misr Bank located in the UAE. Previously, Benczkowski had warned that the world would see "significant news of a financial institution being sanctioned before the end of this week," making this move far below expectations.Alex Zerden, a former U.S. Treasury official and founder of Capitol Peak Strategies, stated, "The actions publicly taken by the U.S. Treasury this week do not match the prior hype. The 'economic exile action' continues the restrictive economic measures against Iran that have been in place for 47 years, but it does not provide a clearer path for how this current action will achieve economic or military victory."

Hyperliquid co-founder Jeff Yan stated that the manual borrowing feature of HyperCore has been launched on the testnet. Currently, all borrowing functions on the mainnet are still limited to the portfolio margin model.The HyperEVM smart contracts can now access HyperCore's lending features through CoreWriter and read-only precompiled contracts.

A Reuters survey shows that most economists believe the Bank of Japan will take action faster than previously expected, and will raise interest rates again in September, with the terminal rate potentially being higher. 57% of economists expect an interest rate hike next month, a significant increase from 5% in July. Ayako Fujita, Chief Economist for Japan at JPMorgan, stated that delaying the rate hike could lead to market turmoil. In addition, more than two-thirds of respondents believe that the recent US-Japan joint foreign exchange intervention has had limited effects.

Jiang Zhuoer released a historical cycle comparison chart of Bitcoin on platform X, stating that if the low point of this cycle is around $57,800, based on historical cycle trends, the current market adjustment in terms of magnitude and duration is already quite close to the previous three cycles, and a large number of investors may currently be in a "missed out" state.Jiang Zhuoer mentioned that as the market continues to consolidate and fluctuate, the anxiety of investors missing out on the market (FOMO) may gradually intensify. Once capital flows back in, the space for further market decline may be limited. He believes that the subsequent trend may reference the "golden pit" in the market at the end of 2021, at which point a brief buying opportunity during a pullback may arise.

The B.AI platform is now offering a limited-time 40% discount on the GLM-5.2 model for all users.During the event, whether deploying through the API or interacting on the web, all calls can enjoy a 40% settlement price. The discounted prices are: Input 0.84, Cache Write 0.84, Cache Read 0.168, Output 2.64 (Unit: Credits/Token).As a next-generation open-source flagship model, GLM-5.2 features a 1M ultra-long context window, designed for high-performance scenarios such as large-scale code development, complex reasoning, and agent tasks. Users can directly use it through the official API standard channel or the web interface, achieving seamless integration across all workflow scenarios. This event aims to unleash top-tier AI productivity at a lower cost, and users can log in to the B.AI platform to experience it starting today.

As the Qixi Festival approaches, the globally leading digital asset trading platform Gate has launched a Qixi-themed limited edition gift box, specifically for global partners and VIP users, to strengthen interaction and connection with users and partners worldwide through festive gifts.The Qixi gift box contains Gate's Qixi limited edition couple pajamas, with an overall design that cleverly blends elements of traditional Eastern culture with Gate's brand characteristics. Through this thoughtful gift, it conveys festive blessings and deep sentiments, enriching the communication methods between the brand and its core users and partners.As a global digital asset platform, Gate has always valued communication with users and partners, and strengthens community and ecosystem partner interactions through diverse methods such as festive gifts and brand activities. This Qixi limited edition gift box not only reflects Gate's attention to traditional cultural festivals but also further conveys the warmth of the brand and festive blessings.

Zach Pandl, the head of research at Grayscale, published an analysis stating that although the Clarity Act may still reach an agreement on a technical level, the Senate schedule and the political reality of an election year make the likelihood of passing it this year very low, but the impact is limited. The failure of the bill will not immediately affect the operation of major blockchains, the demand for Bitcoin as a store of value, or the growth of stablecoin payments— the industry has been developing without this bill for nearly 17 years. However, the lack of comprehensive market structure legislation may hinder new investment activities in the U.S., including the development of the tokenized securities market and the regulatory framework for digital asset intermediaries. Under the current administration, regulatory guidance has supported the industry through measures such as new rules for institutional custody, improved bank access, staking policies, and the crypto ETP framework. The SEC and other regulatory agencies are expected to continue filling gaps through rulemaking. The lack of comprehensive regulation may lead to more entrepreneurial activities flowing overseas.

Circle announced that the New York State Department of Financial Services has granted its subsidiary Circle Internet Trust Company LLC a limited purpose trust charter. This charter will further strengthen the regulatory foundation of the company and USDC.Circle stated that the New York trust charter reflects the company's commitment to safety, transparency, and compliance standards. In 2015, Circle became the first company to obtain a BitLicense from the New York State Department of Financial Services, thereby establishing a long-term regulatory relationship with the agency.Circle co-founder, chairman, and CEO Jeremy Allaire stated that obtaining the New York trust charter has always been a long-term goal for the company, and the regulatory clarity brought by this charter will place USDC within a strong and recognized regulatory framework as digital dollars increasingly become a core component of the global financial system.

According to Cointelegraph, the UK's Financial Conduct Authority (FCA) has released a policy research report titled "Stablecoin Sprint," gathering opinions from industry participants such as banks, payment companies, and stablecoin issuers.The report points out that stablecoins have recently shown significant advantages in the field of cross-border payments, especially providing substantial assistance to emerging markets with limited access to US dollar channels; however, in the domestic retail payment scenario in the UK, the existing payment systems are already relatively fast and inexpensive, leading to a lack of motivation for consumers to switch, and the adoption speed is expected to lag behind. The findings of the above research have been incorporated into the final regulatory rules released by the FCA on June 30, which require that stablecoins issued in the UK must be fully backed by reserve assets and redeemable at face value.

According to official news, the total subscription amount for Gate GUSD has reached 217 million USD. The Gate GUSD current US Treasury product has been fully upgraded, allowing users holding GUSD to enjoy an annualized yield of 3.8%, with support for deposits and withdrawals at any time, and earnings distributed daily to the spot account or trading account. New users participating in the GUSD current US Treasury subscription can also enjoy a limited-time annualized yield of 100%. The GUSD current US Treasury supports subscriptions in USDT, USDC, and USD1, allowing users to obtain GUSD at a 1:1 exchange rate, and simultaneously enjoy the corresponding product earnings and GUSD current US Treasury earnings while participating in products like Launchpool and Pre-IPOs.In addition, Gate's 367th ANTFUN Launchpool is currently ongoing, where users can participate in staking using USDT, GUSD, or ANTFUN to share a reward of 3,756,574 ANTFUN. The current total amount of GUSD liquid staking is close to 50 million, with the GUSD pool APR at 4.09%. After adding the GUSD subscription earnings, the estimated combined APR reaches 7.89%. Additionally, the estimated annualized yield for the USDT pool liquid staking pool is 5.55%, and the estimated annualized yield for the ANTFUN exclusive staking pool is 87.20%.Gate has launched a no-loss quick redemption feature for GUSD. Users can redeem GUSD minted with USDT, USDC, or USD1 within the no-loss exit limit of the corresponding currency, enjoying real-time 1:1 crediting of the original currency without redemption fees, achieving a balance between earning income and flexible allocation of funds.