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According to Bloomberg, Hyperliquid Labs is in advanced negotiations with Payward, the parent company of Kraken, to offer perpetual contract products to U.S. traders through the Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC). The report states that the deal still requires regulatory approval, and representatives from Payward and Hyperliquid Labs have not commented on this. Previously, Kraken announced in May plans to launch CFTC-regulated perpetual contracts through Kraken Pro, with the relevant contracts set to go live on Bitnomial and cleared by Kraken Derivatives US. Additionally, observers have noted that a deployment named "Kraken HIP-3 test DEX" has appeared on Hyperliquid's testing site, but this finding does not confirm Kraken's involvement and does not indicate that HIP-3 is related to the negotiations reported.

The prediction market platform Kalshi has permanently banned former U.S. Congressman George Santos and fined him $71,356 for manipulating a market related to his attendance at the State of the Union address, profiting nearly $18,000. This is the first time the exchange has imposed a lifetime ban on a former member of Congress.According to a disciplinary notice issued by Kalshi's compliance department on August 28, Santos conducted multiple large transactions in this market between February 2 and 25. Since he was able to influence the outcome, exchange rules prohibited him from participating in trading. He subsequently issued a series of public statements regarding his attendance, some of which were false or misleading, intending to drive price movements in the "Yes" and "No" contracts. The compliance department determined that these statements did indeed manipulate prices, allowing him to profit $17,839.57 in the relevant market, violating multiple rules regarding market manipulation, influencing trading outcomes, and using deceptive practices, and he faced additional penalties for failing to cooperate with the investigation.The prediction market allows users to bet on the outcomes of real-world events such as elections, sports, and economic data by purchasing "Yes" or "No" contracts. As event contracts have become mainstream, Kalshi and its crypto-native competitor Polymarket have seen a surge in trading volume over the past year, attracting significant institutional interest.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: FUT Esports vs. Vitality - BLAST Open Porto Group B", the "Over" option in the sub-market "O/U 2.5 matches" has experienced a drastic fluctuation in winning probability, dropping from 48.5% an hour ago to the current 21% (a fluctuation of 27.5%). Please note the impact of relevant breaking news.

The NFT trading platform OpenSea has re-enabled Solana NFT trading, allowing users to buy and sell Solana-based NFT collectibles on the platform, including popular collections such as Claynosaurz, Mad Lads, BoDoggos, Collector Crypt, and Phygitals. This marks the return of Solana as the first non-EVM chain for NFT trading on the platform more than four years after OpenSea first supported Solana NFTs in a beta version in April 2022.An OpenSea representative stated that OS2 is a multi-chain platform rebuilt from scratch, initially starting with support for Solana tokens, and now NFT support has also gone live, which is related to the trend of many collectible platforms adopting Solana NFTs. In April 2025, Solana returned to OpenSea with OS2, but at that time only fungible tokens were supported, with officials stating that NFT support would follow. Currently, the other networks supported by the platform are almost all EVM-compatible chains, including Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Base, Monad, Sei, and Berachain.This launch comes at a time when the NFT market is far below its peak period. According to data from The Block, the monthly market trading volume reached billions of dollars from 2021 to 2022, but now only a few hundred million remain.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "US Open ATP: Otto Virtanen vs. Andrey Rublev," the sub-market "US Open ATP: Otto Virtanen vs. Andrey Rublev" has seen the winning probability of the option "Otto Virtanen" fluctuate dramatically, dropping from 58.5% an hour ago to the current 31.5% (a fluctuation of 27%). Please note the impact of related breaking news.

According to Bloomberg, the decentralized perpetual contract trading platform Hyperliquid is in advanced negotiations with Kraken's parent company Payward, planning to offer some crypto perpetual contract products to U.S. traders through its U.S.-regulated digital asset exchange and clearinghouse Bitnomial. Representatives from Payward and Hyperliquid Labs declined to comment.If the deal is reached, it will mark Hyperliquid's first entry into the U.S. market, headquartered in Singapore. The platform has a daily trading volume exceeding $4 billion, but it cannot be opened to U.S. users due to its design without a centralized operator. Providing access through Bitnomial's regulated infrastructure can meet regulatory requirements for operators and regulatory frameworks. Any agreement still requires regulatory approval, and Payward has submitted a proposal outlining the basic structure to the U.S. Commodity Futures Trading Commission.This negotiation comes as Trump stated earlier this month that his administration is working to bring the platform to the U.S., and CFTC Chairman Michael Selig is also seeking to pave the way for Hyperliquid. Meanwhile, the SEC and CFTC are pushing to bring offshore perpetual contract trading back to U.S. platforms.

As the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) accelerate their rule-making efforts for the $2.5 trillion industry amid a legislative stalemate on cryptocurrency market structure during the summer recess, both agencies are advancing multiple crypto-related initiatives. These include re-evaluating the definitions of derivatives such as swaps and perpetual contracts, as well as rewriting the SEC's crypto custody rules.A bipartisan group composed of former CFTC Chairman Chris Giancarlo, former CFTC Commissioners Brian Quintenz and Sharon Brown-Hruska, former SEC Commissioner Steven Wallman, and former SEC Chief Economist Chester Spatt stated in a comment letter sponsored by Kalshi that similar risks should receive similar regulatory treatment, and overlapping rules should not impose additional compliance costs. Giancarlo noted that if federal regulation is calibrated based on actual risks rather than maximum burdens, liquidity will flow back to the U.S., and the longer we wait, the harder it will be to attract that liquidity back.Kalshi estimates that offshore perpetual contract trading volume will exceed $90 trillion by 2025, up from about $28 trillion two years ago. Additionally, the SEC last week submitted its plan to rewrite the custody rules for investment advisers and investment companies to the White House Office of Information and Regulatory Affairs for review, and its "Reg Crypto" proposal has officially entered the Federal Register, with a public comment period ending on October 20.

According to monitoring by Catcher Predict, in the event "US Open Tirante vs Mannarino" on the prediction market Polymarket, the "Tirante" option in the sub-market "Game Spread +/-3.5" experienced a sharp fluctuation in winning probability, soaring from 22.5% an hour ago to the current 50% (a fluctuation of 27.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: MOUZ vs Team Falcons - BLAST Open Porto Group," the option "MOUZ" in the sub-market "Map 2 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 44.5% an hour ago to the current 71.5% (a fluctuation of 27%). Please note the impact of related breaking news.

According to The Block, the prediction market platform Kalshi has permanently banned former U.S. Congressman George Santos, marking the first time the platform has imposed a permanent ban on an individual. According to a disciplinary action and settlement notice submitted on Monday, Santos violated platform rules by trading on a prediction contract regarding whether he would attend the State of the Union (SOTU) address and was fined over $71,000.Previously, the Commodity Futures Trading Commission (CFTC) accused Santos of using his public statements made two weeks before the SOTU to influence the prices of related event contracts and reached a $35,000 settlement with him. Santos's lawyer stated that he had booked a hotel and flight to Washington, believing he would attend the event. Santos served as a congressman representing New York from January 2023 until the end of the year, when he was expelled for ethical violations.As the prediction market grows to billions of dollars, concerns about insider trading are increasingly being raised. The CFTC recently fined former White House teleprompter operator Gabriel Perez $172,000 for profiting in Kalshi's "mention market" by using advance access to Trump's speech content. Legislators have proposed several bipartisan bills to restrict trading on non-public information, but they have not yet passed; platforms like Kalshi and Polymarket are taking preventive measures, such as requiring employment verification for sensitive market traders.

According to IT Home, WeChat Pay announced that the AI Exclusive Card now supports usage in DeepSeek Harness and OpenClaw. After user authorization, the process from smart recommendations to order payment can be completed in conversations.The AI Exclusive Card can currently be used to pay for over 700 Pay Skills on Skillhub in the aforementioned two products, with plans to expand to more scenarios in the future. The activation process includes: installing the weixinpay plugin for DeepSeek Harness or OpenClaw via the npx command, generating a binding link by the Agent when using paid skills on Skillhub, and completing the binding of the WeChat Pay AI Exclusive Card. After that, each order requires user confirmation on the mobile end, deducting funds from the exclusive card balance. The official emphasizes that the exclusive card funds are isolated from the main account, the limit is self-controllable, and each payment requires user confirmation.

According to on-chain analyst @ai_9684xtpa, a certain whale accumulated 280,000 HYPE at a low of $64.5 between June 11 and August 13, with a total value of $18.06 million.4 hours ago, this whale deposited 88,216 HYPE to Coinbase for the first time, worth $7.23 million. If sold, the return rate would reach 27%, with an expected profit of $1.538 million.

According to Bloomberg, investment firm Dragoneer Investment Group is raising approximately $1 billion for a new continuation fund using equity from its star assets such as OpenAI, SpaceX, Databricks, and wealth management firm Creative Planning as "chips." However, sources indicate that Dragoneer's initial fundraising target was $2 billion, and it is currently unclear what specific assets are included in the final $1 billion fund raised.It is reported that Dragoneer hopes to enhance the fund's appeal to investors by establishing a continuation fund that allows for the continued holding of some existing assets for a longer period. This fundraising also reflects that, as the valuations of popular private tech companies like OpenAI and SpaceX continue to attract market attention, holding early or private equity in these companies is becoming an important chip for asset management firms in fundraising and asset restructuring.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Nongshim Esports Academy vs DN SOOPers Challengers (BO5) - LCK Challengers League Playoffs," the "Yes" option for the sub-market "Both Teams Slay a Dragon" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

The social-first on-chain trading platform fomo announced the acquisition of proprietary software and intellectual property developed by the on-chain data aggregation and infrastructure company Mobula. Some members of the Mobula team will join fomo to help build its own data capabilities. At the time of the acquisition, fomo's user count had doubled since early July to over 1.9 million, with more than 30,000 new users added daily. In August, active users exceeded 1.2 million, and the iOS App Store's finance category reached a peak of 3rd place.fomo's trading volume increased from $500 million in June to $1.5 billion in July, and it is on track to exceed $2.8 billion in monthly trading volume and approximately $17 million in monthly revenue in August. Co-founder and CEO Paul Erlanger stated that acquiring these assets gives the company greater control over its infrastructure as it expands. Mobula was founded by Sacha Marcus, who will join the fomo engineering team along with CTO Sacha Delhoux and infrastructure head Cyril Conan.fomo was established in 2025 and is headquartered in New York, supported by Index Ventures, Union Square Ventures, and Benchmark. The platform simplifies on-chain trading through a single account, with fomo Web accounting for about 25% of the total, and has launched social trading features such as Clans.

OpenAI announced on Monday that its advertising business has reached an annual revenue run rate of $1 billion (approximately 6.736 billion RMB), stating that this is proof of the effectiveness of its "diversified business model."This business has developed over approximately 200 days and is another growth engine following enterprise services, consumer subscriptions, and APIs. Currently, ChatGPT Ads has been launched in over 40 countries and regions, primarily targeting OpenAI Go subscribers and free version users.

According to Gate market data, U.S. stocks opened with the Dow Jones down 0.39%, the S&P 500 down 0.26%, and the Nasdaq down 0.15%. Intel (INTC.O) rose 1.8% after reports that SK Hynix is seeking collaboration to develop chip production.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "US Open WTA: Emma Navarro vs. Loïs Boisson," the sub-market "US Open WTA: Emma Navarro vs. Loïs Boisson Spread +/-1.5" saw the winning probability of the "Navarro" option experience significant fluctuations, dropping from 74.5% an hour ago to the current 52.5% (a fluctuation of 22%). Please note the impact of related breaking news.

According to Cointelegraph, the Financial Services Agency (FSA) of Japan proposed in its 2026 tax reform request to exempt trust-based stablecoins from mandatory tax reporting obligations starting from the fiscal year 2027. The agency suggested that trust-based stablecoins do not need to submit beneficiary trust reports and calculation statements that include the names and income of beneficiaries.The reason given by the FSA is that trust-based stablecoins circulate among a large number of users, with frequent and numerous transactions, and holding these assets does not generate income. If the proposal receives legislative approval, the relevant tax exemption measures will take effect from April 1, 2027.This move is part of Japan's efforts to incorporate cryptocurrency assets into the regulatory framework for traditional financial assets. In July of this year, the Japanese Diet passed an amendment that classifies cryptocurrency assets as financial assets under the Financial Instruments and Exchange Act, a direction first signaled by Finance Minister Shunichi Suzuki in January.