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According to The Block, the UK's Financial Conduct Authority (FCA) has obtained a court order requiring two individuals involved in a fraudulent cryptocurrency investment scheme to jointly repay £851,402, with plans to return the funds to the victims.At least 65 investors have collectively lost £1.54 million, and the amount being recovered is approximately half of that.

On September 24, Zach Pandl, the research director of the cryptocurrency asset management company Grayscale, published an article in the column The Stack stating that in the wave of artificial intelligence, the demand and supply paths for the computing power required to train, run, and operate models are diverging. Grayscale believes that this imbalance favors owners of already powered and operational computing capacity and brings growth-oriented investment opportunities.Zach Pandl stated that digital demand can expand instantly, but physical infrastructure such as electricity, data centers, chips, memory, and cloud services takes years to approve, access, and build. When artificial intelligence agents perform multi-step tasks, they may consume 5 to 50 times more compute tokens than typical chatbot interactions, and increased application layer activity will transmit to the underlying computing infrastructure.The article cites data from the International Energy Agency and Lawrence Berkeley National Laboratory, stating that data centers are expected to account for about half of the growth in electricity demand in the United States by 2030, and new projects may take more than five years to connect to the grid. Even if electricity is secured, permits, specialized labor, electrical equipment, cooling systems, GPUs, high-bandwidth memory, and networks are still needed. Continuous value will flow to power producers, data center operators, and artificial intelligence cloud service providers that can convert electricity into computation.

DyorSwap officially announced that the so-called "GIWA Mainnet" identified by the team earlier is actually a fake chain set up by scammers. This fake network used the correct GIWA chain ID (9134), making it appear legitimate during the initial verification phase. The team also identified several suspicious messages and individuals within the related community that may be connected to this incident. The announcement stated that significant losses have occurred due to this fraudulent cross-chain bridge.DyorSwap stated that it is taking three immediate actions: first, contacting a professional security team to conduct further on-chain tracking and investigate the involved addresses, transactions, and fund flows; second, preserving all relevant evidence, including chat records, RPC information, cross-chain bridge addresses, and on-chain transactions; third, preparing to use treasury funds to compensate affected users, with eligibility criteria, loss verification processes, compensation scope, and detailed plans to be announced after the investigation and verification processes are completed.DyorSwap emphasized that until further notice, users should not use any unofficial GIWA mainnet RPCs, cross-chain bridges, or contracts, and should not send funds to any related addresses. The official team deeply apologizes to every affected user in this incident and states that subsequent updates will be released as soon as possible.

DyorSwap officially announced that the so-called "GIWA mainnet" previously identified by the team is actually a fake chain set up by scammers. This fake network used the correct GIWA chain ID (9134), making it appear legitimate during the initial verification phase. The team also identified several suspicious messages and individuals within the related community that may be connected to this incident. The announcement stated that significant losses have occurred due to this fraudulent cross-chain bridge.DyorSwap stated that it is taking three immediate actions: first, contacting a professional security team to conduct further on-chain tracking and investigate the involved addresses, transactions, and fund flows; second, preserving all relevant evidence, including chat records, RPC information, cross-chain bridge addresses, and on-chain transactions; third, preparing to use treasury funds to compensate affected users, with eligibility criteria, loss verification processes, compensation scope, and detailed plans to be announced after the investigation and verification processes are completed.DyorSwap emphasized that until further notice, users should not use any unofficial GIWA mainnet RPCs, cross-chain bridges, or contracts, and should not send funds to any related addresses. The official team deeply apologizes to every affected user in this incident and states that subsequent updates will be released as soon as possible.

CryptoQuant's Research Director Julio Moreno stated that with the recent rise in Bitcoin, the unrealized profit rate has increased to 33%, reaching the highest level since December 2024.Meanwhile, the scale of Bitcoin profit-taking has risen to 25,700 BTC, marking the highest level since 2026. Moreno believes that the simultaneous rise in unrealized profit rate and profit-taking scale typically indicates that the momentum of this rally is weakening, and the market faces the risk of a correction.

Market news reports that Nvidia has committed to invest 1 billion dollars in NScale, with the funds expected to be in place by mid-November.

According to Bitcoin.com, Grayscale's Zcash ETF (ZCSH) has reached a net asset size of 1 billion dollars, with a cumulative net inflow of 306.12 million dollars, accounting for less than 30%. The fund began trading on NYSE Arca on August 25, and its size exceeded 500 million dollars within two weeks.ZCSH was renamed from Grayscale Zcash Trust, which was established in October 2017 and already held ZEC at the time of listing; meanwhile, the price of ZEC has roughly doubled since the ETF's listing, driving the growth of the fund's asset size. Grayscale's parent group DCG International Investments exchanged approximately 100 million dollars worth of ZCSH shares for 85,705.32563297 ZEC, and after excluding this non-cash transaction, the external new funds amount to about 200 million dollars.Grayscale will implement a 3-for-1 forward split before the market opens on September 30, and holders registered as of the market close on September 28 will be subject to this arrangement. After the split, the net asset value per share is expected to drop to about one-third, the number of shares will increase threefold, and the dollar value of the holdings will remain unchanged.

According to Darkfost's analysis, during the recent rise of Bitcoin, Binance's BTC funds have primarily been flowing out, with an average net outflow of about 2,000 BTC per day over the past week. Among them, Binance experienced a single-day net outflow of over 13,800 BTC, setting the record for the largest single-day net outflow in 2023.In the past 4 days, the platform's BTC reserves have decreased from about 705,000 to 685,000, a reduction of approximately 20,000 BTC. Darkfost stated that the continuous outflow of BTC from exchanges usually indicates that some investors are choosing to transfer their assets to self-custody, which may correspond to a longer-term holding behavior while reducing potential selling pressure on the exchange. He believes that the recent large-scale outflow may reflect the FOMO sentiment of investors who had previously been waiting for Bitcoin to drop further.

Grayscale's research director Zach Pandl pointed out that the recent "Innovation Exemption" directive issued by the U.S. Securities and Exchange Commission (SEC) is expected to fundamentally change the previous landscape where tokenized U.S. stocks primarily relied on offshore "packaged derivatives" trading, promoting the inclusion of real tokenized stocks with complete shareholder voting rights and dividend rights into the regulated financial system of the United States.This exemption order is valid for 5 years and specifically relaxes two core registration requirements: qualified tokenized trading venues do not need to register as traditional stock exchanges; qualified liquidity providers do not need to register as broker-dealers.Grayscale believes that this marks a significant step as on-chain trading infrastructure is proving to be fully compatible with regulatory compliance and investor protection, and it is expected to drive Congress to advance a broader bipartisan legislative process in the future.

According to data from RWA.xyz, the current tokenized stock protocols exhibit diverse characteristics in terms of asset management scale and the richness of underlying assets.In terms of asset management scale, the top five platforms are Ondo (approximately $882 million), bStocks (approximately $754 million), xStocks (approximately $576 million), Securitize (approximately $424 million), and Bitget's RWA protocol Reality (approximately $162 million).Additionally, in terms of the breadth of underlying assets covered, Reality currently supports 2,160 stocks and ETFs, making it the protocol with the most underlying assets in this sector. xStocks and Dinari follow with 1,028 and 692 underlying assets, respectively.

According to a post by Watcher Guru, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, stated that the agency is preparing for onchain systems, mass tokenization, 24/7 trading, and agentic finance.The preparation directions mentioned by Selig include onchain systems, mass tokenization, 24/7 trading, and agentic finance.

The WeChat Security Center has released a governance announcement regarding the crackdown on organizers and promoters of illegal activities such as pyramid schemes and fraud. Recently, some black and gray market accounts have falsely claimed to be "national projects," "ethnic asset unfreezing," and "blockchain virtual currencies, stablecoins," using high returns as bait to lure users into groups and implement pyramid-style "referral" schemes. Subsequently, they induce users to input their account passwords and download fraudulent imitation apps through forged links, ultimately committing property fraud or account theft.WeChat officials stated that once verified, they will take tiered penalties against violating accounts based on the severity of the circumstances, in accordance with relevant laws and platform regulations. This includes banning community functions, restricting feature usage, and permanently banning accounts. They also remind users to be wary of Ponzi schemes that claim to be associated with blockchain but lack substantive technology and applications, and to avoid participating in paying entry fees, developing downlines, and downloading applications from unofficial channels.

According to Grayscale's official announcement, it has renamed its Grayscale Bitcoin Miners ETF to Grayscale AI Compute ETF, with the New York Stock Exchange trading code changed from MNRS to GCPU, and the tracking index changed from the Indxx Bitcoin Miners Index to the Indxx High-Performance Computing Index.The fund will invest in companies that build and operate AI infrastructure, with about half of the holdings in native AI computing companies, and the remainder in digital infrastructure operators that have publicly committed to transitioning to AI businesses, including companies that have transitioned from Bitcoin mining.

According to BBX data, yesterday, publicly listed companies in the U.S. and cross-border financial infrastructure disclosed the latest developments in the restructuring of cryptocurrency businesses and global compliance stablecoin settlements. The core information is as follows:Hyperscale Data (NYSE: $GPUS) established a subsidiary, Patriot BTC, to independently undertake mining operations and assets: Nasdaq-listed Bitcoin mining company and AI data center infrastructure company Hyperscale Data officially announced the establishment of a new wholly-owned subsidiary, Patriot BTC. The purpose of this subsidiary is to hold and operate the company's cryptocurrency mining business, mining machines, and related on-chain assets as a completely independent business entity, in order to further optimize the overall asset structure of the parent company and align with the implementation of the AI computing power center strategy.Reap plans to launch multi-national local currency stablecoins to build a 24/7 on-chain foreign exchange trading network: The multinational payment technology platform Reap, which has received strategic support from Kraken's parent company Payward and is a core partner of Visa, announced plans to successively launch local currency stablecoins in multiple countries and regions to achieve 24/7 on-chain foreign exchange settlements. Reap will first launch the Mexican Peso (MXN) stablecoin and is accelerating the exploration of issuing various local currency stablecoins, including the Hong Kong Dollar (HKD), Euro (EUR), South Korean Won (KRW), and Japanese Yen (JPY). This layout aims to completely break the physical limitations of traditional commercial bank operating hours, providing multinational companies with efficient and low-friction on-chain cross-border foreign exchange clearing solutions during nighttime and weekends.

Michael Selig, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that regulators need to prepare for "mass tokenization" and adjust existing markets for new technologies such as blockchain and artificial intelligence. Selig mentioned at the U.S. Treasury Market Conference held by the New York Federal Reserve on Tuesday that developments like tokenization, on-chain finance, and 24/7 trading could lead to changes in the financial markets over the next decade that surpass the sum of the past several decades.Selig noted that the entire Trump administration laid the groundwork for the U.S. market to maintain its global leadership by embracing innovation, encouraging competition, and implementing reasonable regulations. The CFTC will also seek more ways to encourage market participants, exchanges, and clearinghouses to responsibly adopt stablecoins. Over the past year, the agency has issued guidance and sought public input on 24/7 trading in the energy derivatives market; in February of this year, the CFTC included stablecoins issued by National Trust Bank in the list of eligible collateral.Meanwhile, the CFTC's sister agency, the U.S. Securities and Exchange Commission (SEC), released the highly anticipated "innovation exemption" last week, creating space for on-chain trading of tokenized stocks. After a bill regulating the cryptocurrency industry stalled in the Senate, the two agencies are advancing their respective agendas.

According to The Block, SoFi has begun using SoFiUSD to settle debit and credit card transactions on the Mastercard network and plans to migrate the entire card program to blockchain settlement, with an expected annual processing volume exceeding $25 billion.SoFi claims to be the first bank to launch stablecoin settlement on the Mastercard network.

According to the Dutch police (politie.nl), the police in eastern Netherlands arrested two men suspected of using counterfeit EURC cryptocurrency to purchase multiple Rolex watches on the second-hand platform Marktplaats. The victims discovered that the tokens they received were counterfeit and worthless after the payment was made.After the case was exposed on the television program "Plaats Delict," the police identified the suspects through viewer reports. The two men are a 24-year-old male from Geleen and a 45-year-old male from Leiden. During the search, firearms and drugs were found at the residence of the former, who has been detained for 14 days; the latter has been released but remains a suspect in the case. The police remind the public to be cautious with cryptocurrency payments and to avoid using unfamiliar payment methods.

According to a report from the Public Security Bureau of Linwu County, Hunan Province, on August 19, 2026, the Public Security Bureau of Linwu County, Chenzhou City, Hunan Province discovered fraud clues during routine inspections and successfully cracked a virtual currency investment fraud case, arresting two criminal suspects.Upon investigation, on May 1, 2026, the suspect Li met the victim, Ms. Yue, through private messages on a social platform, falsely claiming to teach virtual currency investment skills with guaranteed profits. He induced her to download a certain app to purchase Tether (USDT) and then exchange it for a newly issued virtual currency manipulated by his "superior." Li, in collusion with his "superior," created the illusion of rising prices to lure the victim into increasing her investment; once the funds were in place, they quickly crashed the market, causing the virtual currency's value to drop to zero. Ms. Yue lost approximately 30,000 yuan, while Li illegally profited tens of thousands of yuan, which was collected by his friend Lei and squandered.On August 19, the investigating police arrested Li; on September 17, Lei, who was suspected of collecting the stolen funds, was also apprehended. Both have been criminally detained according to the law. The police remind: virtual currency is not legal tender, and there are no "guaranteed profit" projects. Recommendations for high returns made through private messages online are all fraud traps. Do not easily trust investment recommendations from strangers or transfer money to unfamiliar platforms.

Alibaba CEO Wu Yongming stated at the Yunqi Conference that the current demand for AI from customers is strong, and the company will fully invest in AI infrastructure construction, aiming for the scale of global data centers operated by Alibaba Cloud to exceed 20GW by 2032. Meanwhile, Pingtouge released the strongest domestic AI chip Zhenwu V900, with computing power increased to three times that of Zhenwu M890, and the annual shipment volume is expected to increase significantly.