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According to CoinDesk, PayPal announced the expansion of its stablecoin business to the custom token issuance platform PYUSDx. This platform is built on PayPal USD (PYUSD) and was developed with the assistance of fiat-backed token expert M0 and cryptocurrency payment company MoonPay, providing infrastructure for any business to issue custom stablecoins backed by PYUSD. PYUSDx was first previewed in February this year and is now officially launched.The first batch of partners includes crypto-native companies Saturn, Concrete, and Cap, which together brought over $100 million in processed transaction volume to the platform. The PYUSDx token is issued by MoonPay Digital Assets Ltd., and the platform combines M0's universal stablecoin and digital token technology with MoonPay's issuance and distribution infrastructure. Additionally, USD.AI and Fairblock will also launch stablecoins on PYUSDx.M0 CEO Luca Prosperi stated that as more financial institutions participate, the industry is facing fragmentation issues, and most financial institutions do not understand how to interact with developers. Therefore, M0 facilitates the integration of various new projects in the middle layer by abstracting complexity and risk.

According to CoinDesk, DoubleZero has integrated Kalshi's election and political prediction market data into its low-latency data platform DoubleZero Edge, providing real-time order book information for institutional and automated traders. This subscription data stream covers transactions, best bid and ask prices, and market depth aggregated by price, distributed through DoubleZero's contributor-driven fiber network built on Solana.DoubleZero co-founder Austin Federa stated that prediction markets are becoming a source of real-time information, but their value depends on the speed of action. If debates, court rulings, or breaking news change market direction within seconds, delayed snapshots become outdated. Placing Kalshi's real-time order book data for elections and politics on DoubleZero Edge can convert probabilities into machine-readable market data for professional traders and AI systems to consume and execute in real-time.This launch coincides with the acceleration of trading related to the U.S. midterm elections. According to data from the Anti-Corruption Data Collective, as of August 10, bets on the 2026 congressional elections on Kalshi, Polymarket, and Polymarket US have exceeded $133 million, surpassing the $92.4 million for the entire 2024 congressional election cycle. Kalshi is a federally regulated prediction market exchange, and the midterm elections on November 3 will determine control of Congress.

According to Fortune magazine, Ethereum software company Consensys announced that it will spin off its flagship wallet MetaMask into an independent entity, with founder Joe Lubin serving as CEO. The original Consensys will be renamed to focus on institutional protocols and Ethereum software, led by longtime executive Mike Kriak. Lubin stated that the spin-off is due to the consumer business value accumulation of MetaMask far exceeding that of other business units.MetaMask has expanded from an Ethereum wallet to a platform similar to a new crypto bank, launching a "main account" feature that supports multiple assets and Mastercard debit card spending, and has diversified revenue sources such as perpetual contracts and prediction markets.Lubin did not disclose an IPO timeline, but analysts believe that MetaMask may seek to go public as early as early 2027, while also noting that the willingness to issue tokens has decreased under the current regulatory environment.

Bitfinex Alpha report shows that Bitcoin has been consolidating in the range of $77,100 to $81,300 over the past 20 trading days, with the current price close to the key support level at the lower end of the range. If it breaks above $81,300, the volume vacuum above may drive the price quickly up to $86,500. The options market has shifted protection to contracts expiring on September 18 ahead of the Federal Reserve's interest rate decision.The report also points out that while Bitcoin's volatility has decreased, altcoins are performing actively, with all 29 major cryptocurrencies rising last week, Polkadot up 43%, and Zcash up 42%. The open interest in altcoin perpetual contracts has surpassed Bitcoin for the first time this week, a situation that historically often accompanies market correction risks.

According to GMGN data, influenced by Cobie's attention on Twitter, the market capitalization of Base Meme coin BLUECHIP has surpassed 30 million USD, rising over 60% from its intraday low, currently reported at 22 million USD.In terms of narrative, BLUECHIP originates from the early trading experiences of Cobie, the head of trading products at Coinbase. In June 2014, Cobie posted multiple times discussing a token named BlueChip, including its price hitting new highs, changes in orders, and holding it. Recently, related historical posts have been rediscovered by the community, forming the narrative of "2014 old meme revival."

Data analysis and indexing platform Bilinear Labs announced that it has been acquired by Sei Labs, and the team will join Sei Labs to participate in the development of projects such as Sei Network and Sei Giga.Bilinear Labs will cease operations on September 14, and the platform is built with Rust, having indexed hundreds of billions of events and launched the BYOABI technology.

According to Gate market data, after the opening of the US stock market, BNC fell over 8%, currently reported at 4.77 USD. Additionally, according to GMGN data, the price of the BSC on-chain stock token BNC4 is currently reported at 5.25 USD, with a premium of about 10% over the underlying stock.CZ previously posted on the X platform stating "IPOs will move on chain," and then Four.meme launched the first stock token BNC4, pegged 1:1 to the US stock CEA Industries (BNC), leading to an increase in trading volume of Meme coins in the BSC ecosystem. Investors are advised to participate with caution.

According to the official announcement, Bitget has launched perpetual contracts for 4 stocks: FCX (Freeport-McMoRan), BHP (BHP Group), RIO (Rio Tinto), and VALE (Vale S.A.).The above contracts are settled in USDT, support up to 20 times leverage, and are available for trading 24/7. As of now, Bitget supports a total of 310 stock perpetual contract underlying assets.

According to Hyperbot data, trader Based16z has just closed 7,650 VVV long positions, worth approximately $200,000, and currently still holds 83,290 VVV long positions, worth approximately $2.2 million.Data shows that this trader has realized and floating profits totaling over $600,000 in less than 24 hours.

According to monitoring by Lookonchain, Wintermute obtained 2.5 million tokens from the $LAPTOP project team and immediately began selling them on-chain. Currently, 466,255 tokens have been sold at an average price of $4.47, cashing out approximately 2.08 million USD, with about 2.03 million tokens remaining to be disposed of.

According to Fortune magazine, the stablecoin payment infrastructure company Latitude has completed a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX.The company was co-founded by former executives from Stripe, Uber, Coinbase, and Meta, aiming to help businesses send fiat currency to emerging market users through stablecoins using local payment methods (bank accounts and mobile wallets). Latitude is licensed in 45 U.S. markets and plans to expand its regulatory licenses in Southeast Asia, Latin America, and Africa. The current team consists of 15 people, and the new funds will be used to expand compliance, engineering, and sales teams.

According to Gate market data, U.S. stocks opened with the Dow Jones down 0.15%, the S&P 500 index down 0.25%, and the Nasdaq down 0.36%. Meta Platforms rose over 5% as the company launched its personal AI entity Muse. Amazon fell 1.2% after issuing four parts of pound debt for the first time. Apple slightly dropped 0.2% before its major launch event.

The re-staking protocol Renzo Protocol announced its rebranding to Renzo Finance and launched its first on-chain structured yield product Renzo Basis, which will go live on Hyperliquid, initially supporting BTC and HYPE. Lucas Kozinski, founder of Renzo Labs, stated that basis trading earns funding rate income by simultaneously holding a spot long and a perpetual contract short. Since the long and short positions hedge each other, asset price fluctuations do not affect the yield, and users earn the fees paid by perpetual traders every hour.Renzo stated that the product achieves automation through a triple protection mechanism, including hedge protection, yield protection, and security buffer. Currently, the product does not use AI automation but relies on Hyperliquid's proxy wallet (API wallet) to conduct trading and strategy monitoring with user authorization, without holding user funds. Relevant protection parameters can be customized by users. Renzo emphasized that its product differs from competitors like Ethena and Bitwise's Superstate by being fully on-chain, self-custodied, and allowing depositors to choose assets, trading venues, and risk parameters.Renzo Basis plans to support all assets on Hyperliquid that have both spot and perpetual markets in the future and expand to other DeFi platforms, with the next stop being Lighter on Robinhood, where on-chain stock perpetual basis trading will be introduced.

According to PR Newswire, AI fintech company Kapital has completed a new round of equity and debt financing totaling $125 million, led jointly by Tru Arrow Partners and Fasanara Capital, with participation from Cervin Ventures, Niya Partners, and Overlook Capital.Kapital utilizes artificial intelligence technology to help individuals and businesses efficiently manage operations, credit, and cash flow, while also promoting savings and investments through its brokerage and fund management services. The new funds will be used for the in-depth development of its AI platform and data analytics suite, and to accelerate expansion in the U.S. and European markets.

According to on-chain analyst @ai_9684xtpa's monitoring, 40 minutes ago, two newly created wallets received airdrop contracts for 4,276 LAPTOPs from Hunter Biden's Substack subscribers, then sold them for approximately $404,000 and $243,000 respectively, totaling a profit of over $647,000.On-chain data shows that there is an ETH transfer association between the two addresses. Among them, the address 0x8DA...4A18d has transferred the proceeds from the sale in USDC to the public tagged address of Safe architect FloB (@FloB_Safe).

According to Akchabar, the Minister of Internal Affairs of Kyrgyzstan, Ulan Niyazbekov, stated that since 2026, the country's internal affairs agency has initiated 90 criminal investigations related to cryptocurrency, involving cases of online fraud, theft of funds, money laundering, and the transfer of criminal proceeds.Niyazbekov revealed that during a 2025 investigation into a transnational online fraud gang, police discovered a TRON wallet holding over 3 million dollars in digital assets on a suspect's device and used blockchain analysis tools to trace the related funds.

According to the latest data from CoinGecko, Websea's global spot cryptocurrency exchange ranking has surged from 45th to 32nd, rising 13 positions in a single leap, successfully entering the global Top 35; the Trust Score safety rating continues to maintain 8/10, with overall strength and market recognition further enhanced.CoinGecko's exchange ranking covers core dimensions such as liquidity, cybersecurity, regulatory compliance, historical operations, and proof of reserves. This continuous rise in ranking demonstrates Websea's strong growth momentum in the global market and confirms that the platform is accelerating its move towards becoming a leading global cryptocurrency trading platform based on its products, services, and security capabilities.

According to Wealth Management, AI wealth management company Savvy Wealth announced the completion of a $100 million Series C financing, with a valuation rising to $600 million. Halo Fund led the investment, with existing investors such as Thrive Capital, Industry Ventures, and Index Ventures participating. So far, its total financing has exceeded $200 million.Savvy Wealth's AI wealth management platform, Savvy Intelligence, utilizes large language models from OpenAI and Anthropic to train AI agents, supporting the integration of investment, tax, and financial planning data, and simplifying the wealth management process through AI. The new funds will primarily be used to expand the development of software products aimed at wealth advisors.

According to CoinDesk, the Algorand Foundation has officially appointed William Herkelrath as CEO, succeeding Staci Warden, who held the position for nearly five years. Herkelrath previously held leadership roles at blockchain data provider Chainlink and crypto custody company Curv, and co-founded the AI automation platform K3 Labs, officially taking office on August 31.Algorand stated that the new CEO will focus on driving institutional business expansion and post-quantum security initiatives. Currently, Algorand has introduced post-quantum accounts based on the Falcon-1024 cryptographic signature system in the v42 consensus upgrade and plans to achieve full quantum resistance by 2028. Additionally, the foundation's board has been adjusted, with Alex Fowler joining, while Rebecca Rettig and Michael Mosier have stepped down.

According to Catcher Predict monitoring, in the Polymarket event "Counter-Strike: 3DMAX vs Acend," the "Map 2 Winner" sub-market's "3DMAX" option win rate has experienced significant fluctuations, soaring from 77.5% an hour ago to the current 97.7% (a fluctuation of 20.2%). Please note the impact of relevant breaking news.