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The Layer 1 blockchain Harmony, once a major competitor to Ethereum, proposed to shut down its mainnet on Sunday, citing threats from AI entities and nation-state actors as too severe. The Harmony team stated on X that since the mainnet launched in 2019, the community has experienced multiple attacks and transformations, and now it is time to completely discontinue the Harmony network. To mitigate the threats, the team proposed migrating the ONE token to Ethereum and redirecting the issuance of newly minted tokens to its new initiative "The Remix Economy for AI Video."According to the proposal, the migration will determine the allocation of alternative tokens received by each holder on Ethereum based on the ONE balance recorded at the final block of the network (i.e., a snapshot), covering wallets, staked tokens, validator rewards, smart contracts, and centralized exchanges. The alternative tokens will be airdropped to the same wallet address on Ethereum, and exchanges will also migrate to the new tokens. Although the proposal states that holders do not need to submit a claim, multi-signature vaults, liquidity pools, and on-chain applications cannot be migrated, and users are urged to exit all smart contracts by September 10, 2026. Harmony also proposed to pay eligible validators and their delegators in four installments from a pool of $1.372 million, provided that validators maintain their stakes, sign agreements, and serve governance roles.This migration proposal is the latest case of blockchain networks facing increased scrutiny due to attacks. In August of this year, Harmony confirmed it was attacked, with the attackers creating approximately 4 billion unauthorized ONE tokens, prompting the team to release a patch and consider a rollback.

According to Cointelegraph, DBS Bank has partnered with Citibank to utilize a blockchain-based ledger from Swift to achieve instant, round-the-clock cross-border dollar payments through tokenized deposits.

Arthur Hayes released a new project FLOP white paper on social media. FLOP is a proof of useful inference (PoUI) blockchain and native currency aimed at the agent economy, where AI agents can use FLOP to pay miners for inference fees. The network adopts an architecture that combines PoUI with account-based chains, where agents submit session requests to the memory pool containing model weight hashes, maximum latency, computational load, confidentiality flags, and fees. Miners complete the inference and return proofs, which validators incorporate into blocks to complete settlements.The initial supply of FLOP is approximately 2.48346 billion tokens, all allocated for airdrops, with no VC pre-mining or auctions. The first phase of reward distribution allocates 75% to miners, 10% to validators, 10% to agents, and 5% to regular stakers. The average block time for the network is 1 second, with a roadmap goal of sub-second block times. The initial block reward is 96 FLOP, halving every 730 days, for a total of five halvings, after which it will permanently remain at 3 FLOP.The maximum number of validators is capped at 1,000, with approximately 50 rotating monthly based on verified workload and online rates. Miners and validators must stake FLOP, and malicious behavior may face penalties of up to full forfeiture and bans. Governance is conducted through FLOP improvement proposals, requiring a two-thirds approval from active validators in most cases.

According to the Seoul Economic Daily, Hanwha Investment & Securities has established a token securities platform based on the Avalanche blockchain. This platform was developed by the blockchain technology company FairSquare Lab and is designed to operate on multiple networks, including Avalanche and the enterprise-level blockchain Hyperledger Besu.

On September 7, well-known trader Bonk Guy (@theunipcs) posted that he is looking for low market cap tokens with a market value of less than 1 million dollars, early enough that buying them now seems almost crazy, but with the potential to grow into a multi-billion dollar market cap in the future.He urged the community not to recommend tokens at the 50 million dollar market cap level anymore, but to focus on truly early-stage small-cap projects, and stated that he will continue to solicit recommendations until he finds a token that convinces him to make a significant investment.

Raydium's official announcement states that its LaunchLab now supports trading of any token pairs on Raydium. This upgrade brings a more flexible token pairing mechanism to Solana, while providing deeper liquidity, lower fees, and a stronger native trading experience for memes.

According to Token Terminal data, in the past 7 days, the market capitalization of tokenized stocks increased by 187.8 million dollars, the largest increase among all RWA sectors.The market capitalization of tokenized funds increased by 21 million dollars, while the market capitalization of tokenized commodities decreased by 24.2 million dollars.

Router Protocol, a cross-chain infrastructure project supported by Coinbase Ventures, announced that it will cease all operations by September 30 and plans to permanently destroy 303,333,198 ROUTE tokens held in its treasury, accounting for about 30% of the total supply of nearly 1 billion tokens. The team released a statement on X, stating that over the past year, they attempted commercialization, licensing, and acquisition negotiations, but failed to achieve sustainable operational results.Router identified the flow of funds from the cryptocurrency sector to artificial intelligence and the decline in cross-chain asset transfer fees as core challenges facing its operations. As activities concentrated on fewer networks and standardized infrastructure, the demand for its services has decreased. The team noted that bridging economic profits are thin, fees have been compressed, and costs have never stopped. As part of the closure, Router will negotiate with centralized exchanges to stop supporting ROUTE tokens, and the delisting arrangements and withdrawal processes may vary across exchanges.Router raised $4.1 million from investors including Coinbase Ventures and Polygon in 2021 and launched the proof-of-stake Layer 1 blockchain Router Chain in July 2024, but it was shut down in September 2025 due to infrastructure costs, validator expansion, and security risks. The team also disclosed two security incidents in 2025: in February, approximately 80% of the value was recovered through negotiations after a vulnerability incident, while losses from a chain-level vulnerability in July could not be recovered.

Robinhood Chain's multi-pool RWA token issuance platform PAIR has released the latest ecological data, with a cumulative trading volume nearing 100 million USD and rewards distributed to creators exceeding 600,000 USD, with over 2,000 projects launched on the protocol.In addition, PAIR has disclosed that it has burned PAIR tokens worth over 3 million USD to date, accounting for more than 10% of the total token supply. PAIR also announced that it will unveil the "largest update to date" within the next 24 hours.

Stonk posted on platform X that it has completed a buyback of STONK tokens worth over 1 million dollars, while over 7.5 million dollars in rewards have now been distributed to StonkFun ecosystem holders. As of now, Stonk's fee revenue has reached approximately 1.87 million dollars. Stonk previously posted on platform X stating "Support Stonk Token," which was then retweeted by Solana co-founder Toly with the caption "What is Stonk Token?"According to GMGN data, the market capitalization of the STONK token on Solana briefly surpassed 100 million dollars before retreating, currently reported at 86.55 million dollars, with a 1-hour decline of 5.46%.

According to GMGN data, the Solana-based token STONK briefly surpassed a market capitalization of 100 million USD, with a 24H increase of over 140%, currently reported at 94.41 million USD.It is reported that Stonk supports users in issuing meme tokens and can pair with tokenized RWA such as tokenized stocks and Pre-IPO stock tokens. The price of meme coins is highly volatile, and investors are advised to participate with caution.

According to the token unlocking data from the crypto asset data platform RootData, Unitas (UP) will unlock approximately 24.38 million tokens at 0:00 Beijing time on September 13, worth about 10.93 million US dollars.

According to Ledger Insights, in March of this year, Citibank issued its first native digital structured note on Euroclear's D-FMI tokenization platform, targeting distribution channels for Citibank's wealth management business.Now, Banco do Brasil, a state-owned holding bank, has announced that it has invested $5 million to purchase subsequent notes in the same Citibank project. This Brazilian bank stated that this transaction is the first of its kind for a financial institution in Latin America. The Brazilian bank made the investment through its proprietary funds department on August 19, using its own funds for the instrument rather than investing on behalf of clients. Citigroup issued the note through its Luxembourg entity, with its London branch acting as the issuance and paying agent. The underlying reference asset of the structured note has not been disclosed.

According to The Defiant, the dispute between AMC Entertainment CEO Adam Aron and Robinhood over tokenized AMC stock has escalated into a debate among tokenized stock issuers about which model should become the industry standard.Gabriel Otte, co-founder of Dinari, criticized Robinhood's synthetic tokens with Ondo as "worse for end investors than regular stocks," while Uniswap founder Hayden Adams compared it to early stablecoins, stating that it meets users' demands for programmability and 24/7 trading.Currently, three models are competing in the $2.91 billion tokenized stock market: Robinhood's stock tokens are debt securities issued by a Jersey entity, available only to non-U.S. persons; Ondo, xStocks, and Dinari hold the underlying stocks through regulated intermediaries and pass on economic benefits; Securitize and Superstate directly put company-registered stocks on-chain. The U.S. SEC's Division of Corporation Finance has legally defined the three models as of January 28. Data from rwa.xyz shows that the total scale of tokenized stocks reaches $2.91 billion, with a 14.4% growth over 30 days, and Ondo leads with $869.6 million.Securitize CEO Carlos Domingo also supports Aron's position, stating that he does not wish for others to create offshore derivatives of company stocks. Brian Huang, co-founder of Glider, believes that the trading venue is more important than the packaging format, as AMMs cannot guarantee users the best execution.

According to GMGN data, the top address on the MARSCOIN profit list started to continuously reduce its holdings 1 hour ago, with a total of 20 sell transactions amounting to $358,600 in tokens over the past hour, and it is currently still holding a profit of $1.7 million.

According to token unlocking data from the crypto asset data platform RootData, Rain (RAIN) will unlock approximately 3,625,682,000 tokens at 11:00 AM Beijing time on September 12, with a value of about 596 million USD.

According to token unlock data from the crypto asset data platform RootData, Aptos (APT) will unlock approximately 10.94 million tokens at 8:00 AM Beijing time on September 12, worth about 6.46 million USD.

Robinhood co-founder, chairman, and CEO Vlad Tenev posted on X that everyone, regardless of where they are, should have access to high-quality financial assets. Tokenization will unlock the advantages of the U.S. capital markets and make them available globally.He stated that the industry is still relatively small compared to global finance, but its advantages are increasingly hard to ignore. Traditional market infrastructure is built around fixed trading hours, closed networks, and multiple intermediaries, and is not designed for 24/7 execution, programmable assets, composability, or self-custody. The changes in investor demand are outpacing the underlying infrastructure, and the team is working hard to change this situation.Tenev expressed confidence in seeing founders, LPs, traders, and infrastructure teams driving industry development. The industry is still in its early stages, and there is a lot of work to be done. The old system needs time to adapt, but it is worth the effort.