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FastBiz officially stated that the project has entered the continuous operation and ecological construction phase. As of now, FastBiz has accumulated a total construction amount of 15.9436 million USD, with over 37,000 participating users. Users can participate in ecological construction using USDT and UNI according to the agreement rules. As the scale of participation continues to expand, FastBiz is accelerating community building, ecological applications, and global market layout, promoting more users and business resources to enter its Web3 business ecology.It is reported that FastBiz is positioned as a new type of business infrastructure connecting real-world commerce and the Web3 value network, committed to creating the next generation of decentralized business networks that connect global goods, supply chains, payments, communities, and digital assets. The project connects real-world business scenarios with the Web3 digital asset system, exploring the integration of diverse scenarios such as goods circulation, supply chain collaboration, digital payments, community participation, and digital assets, further constructing an open value network aimed at global users and business entities.

Binance founder Changpeng Zhao stated during his appearance on the podcast "When Shift Happens" that he does not oppose Hyperliquid and welcomes more centralized and decentralized trading platforms to participate in innovation, as the industry is far from saturated. He estimates that the proportion of the population holding some form of cryptocurrency is about 5% to 15%, but when calculated based on individual wealth allocation, the penetration rate of cryptocurrency assets may be less than 1%, indicating that the industry is still in its early stages.Changpeng Zhao mentioned that some members of the Hyperliquid community are trying to establish their own community by criticizing centralized trading platforms and Binance, but he views this as normal competition and does not oppose the project. Previously, Trump mentioned Hyperliquid, which is very good for the industry. Assets like HYPE, BNB, and Bitcoin could all benefit from the overall growth of the industry.Changpeng Zhao also pointed out that first movers do not necessarily become the long-term biggest winners. Google, Facebook, and Binance were not the first products in their respective fields, and later entrants can often further optimize based on the groundwork laid by the pioneers. Although he holds a significant amount of Binance shares and BNB, the centralized trading platform is just part of his asset allocation; rather than expanding a single platform, he hopes to promote the growth of the entire cryptocurrency industry.

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Cash FX Group S.A. and its CEO Huascar Jose Lopez Castillo, The Conversion Pros Inc. and its CEO Ronald Pope, Justin Halladay, accusing the aforementioned defendants of operating a multi-level marketing Ponzi scheme that raised over $950 million from the public, including in the United States, claiming it was for retail foreign exchange contract trading.The CFTC stated that the defendants falsely claimed that funds were traded by professional traders, proprietary algorithms, and AI, promising returns of up to 15% per week; in reality, Cash FX conducted only a small amount of foreign exchange trading, and almost all participant funds were misappropriated, paying fictitious trading profits to other participants using funds from new participants, while paying millions of dollars to the defendants. The CFTC claimed that Cash FX also provided participants with false account statements to maintain the illusion of high trading returns, resulting in participants losing at least $406 million. The CFTC is seeking to order the defendants to pay restitution, recover illegal profits, pay civil monetary penalties, and impose trading and registration bans as well as permanent injunctions.

The Central Bank of Russia has established market access procedures for digital custodians, cryptocurrency trading platforms, and digital rights information system operators, requiring relevant participants to be included in the corresponding registries.The regulations specify the qualification requirements for members of relevant regulatory bodies and specific officials, the list of application documents, and the registration procedures, while providing simplified access rules for existing market participants. The relevant regulations have been registered with the Ministry of Justice of Russia and will come into effect on October 5, 2026.

Bitget announced the successful conclusion of the 2026 King’s Cup Global Invitation Tournament (KCGI). This tournament centered around "UEX Panorama Competition" and for the first time integrated crypto contracts, TradFi contracts, and stock spot (rToken) into the same event system. During the tournament, a total of 83,529 traders and 1,476 teams from around the world competed based on performance and multi-track trading challenges, sharing a total prize pool valued at 3 million USD.As a core part of the event, the UEX Arena set up five major leaderboards for team earnings, trading volumes in various tracks, and individual earnings, with a prize pool reaching 2 million USDT. The UEX Treasure Map provided participating users with a chance to win a 100% winning treasure chest reward of up to 600,000 USDT through a task key and track fragment synthesis mechanism.In addition, this KCGI set up a special incentive of 100,000 USDT for team leaders and 200,000 USDT in early bird benefits, and after the conclusion of the tournament, a glory live stream lottery was held, offering multiple rewards such as KCGI limited merchandise, gold-plated footballs, and cash vouchers.

Breed VC has raised $15 million for its second cryptocurrency fund, with investors including FalconX, Hutt Capital, Arrington Capital, as well as Nic Carter from Castle Island Ventures, Rob Hadick from Dragonfly, and Jake Brukhman from CoinFund.The fund primarily invests in cryptocurrency startups at the Day Zero, Pre-Seed, and Seed stages, with individual investments ranging from $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI, with plans to complete deployment in the next 3 to 4 years. Breed VC's first fund was launched in 2023 and has completed its investments, with a portfolio that includes Monad, Ethena, Agora, MyPrize, and Nous Research.

Global payment and financial infrastructure Infini announced the completion of a $6 million seed round financing, with participation from SNZ, Reforge, Enlight Capital, NDV (NextGen Digital Venture), FORTWEST, Vernal, and others.Infini stated that the funds will be used to further strengthen its global payment and financial infrastructure, making it easier and more efficient for individuals and businesses to manage and use funds globally.

On-chain gold and foreign exchange trading infrastructure XStable has recently completed a new round of financing, which was supported by several institutions including YZi Labs, Sui Foundation, Taisu Ventures, and CatcherVC.Previously, XStable had received investments and support from institutions such as Solana, Amber Group, KuCoin Ventures, and Singchain, accumulating millions of dollars in financing from more than ten institutional investors worldwide. Currently, XStable has focused on market development around gold, silver, and major foreign exchange trading pairs. According to data disclosed by the platform, XStable's average daily trading volume has exceeded 100 million dollars, with a cumulative trading volume of over several hundred billion dollars.

Deep Blue Aerospace recently announced the completion of its Series B6 and B7 financing rounds, with a total scale of nearly 2 billion yuan. This round of financing attracted industrial capital and professional institutions such as Wuxi High-tech Zone Investment Control Group, Yida Capital, Baotong Technology, and Hongrun Construction.The funds will be primarily directed towards the research and development and industrialization of the company's two major launch vehicle families. Deep Blue Aerospace will continue to advance the development of the medium-sized reusable liquid launch vehicle, Nebula One, and accelerate the in-depth research and development efforts for the large reusable liquid launch vehicle, Nebula Two.

Recently, the on-chain perpetual contract protocol Travix, which focuses on computing power asset trading, completed its seed round financing. The disclosed investor in this round is Amber Group, but the financing amount has not been disclosed. The funds will be used to accelerate the deep construction of perpetual contracts for computing power assets and exotic assets such as East Asian stocks, expand trading pairs for Compute-Led RWA like chips and storage, promote the development of the "Financial World Model," deepen the development and deployment of a trusted AI agent trading engine, and expand global markets and multilateral ecological construction as well as launch trading promotion incentive programs.It is reported that Travix is a new generation PerpDEX protocol built on a modular blockchain architecture, adopting a hybrid architecture of offline high-performance matching and on-chain settlement, achieving millisecond-level processing efficiency, and introducing a unified account management model. Its core directions include: perpetual contracts for computing power assets, supporting hardware asset trading such as H100 chips and storage; the Financial World Model, which transforms probabilistic events such as policy implementation and product launches into quantifiable event trading signals; and trusted AI agent trading, supporting users in deploying automated strategies through the Agent Engine.Travix claims that its goal is to achieve the integration of computing power assets, probabilistic trading, and trusted agents, creating a new generation of decentralized perpetual contract entry point where "trading is understanding the world."

The founder of the Liebit Mining Pool, Jiang Zhuoer, stated that after ZEC dropped to $1445, Garrett Jin's short position on ZEC faced market skepticism, which may have been an intentional attempt to create a counter position to attract retail investors to go long; as the "target" of his massive spot holdings has disappeared, the approximately 200,000 ZEC he holds (accounting for about 1% of the total supply) may also become potential selling pressure. Therefore, it is judged that the current ZEC upward trend may be nearing its end.In the face of such "manipulated coins," there is an information disadvantage compared to the counter position, so I will not participate in trading.

The fitness application BRT.Fit, which combines smart wearable devices, real-world sports, and on-chain incentives, has made progress in its release phase. On July 7, the user guide was updated to simplify the processes for downloading, Web3 mode, wallet connection, and claiming test rewards; on July 9, the BRT application was launched on the Apple App Store, allowing users to search for BitRing to download the initial version. On July 29, a major update revamped the interface and required users to connect smart devices before participating in fitness tasks.On August 12, a new version was launched featuring an AI fitness interface, new user guidance, and Oura Ring integration; on August 14, automatic language adaptation was introduced, and on August 29, the Web2 user guidance was further simplified. The application has been listed on Google Play, categorized as a health and fitness app. On August 27, the smart contract was upgraded, during which the reward claiming and staking functions were temporarily suspended. As of September 13, community statistics show over 10,000 participants, the new iOS version has been submitted for App Store review, and preparations are underway to expand into the Southeast Asian market.

Crypto In America host Eleanor Terrett reported that seven Democratic senators, including Kirsten Gillibrand, Mark Warner, Ruben Gallego, and Angela Alsobrooks, stated that they are "committed to passing the Clarity Act in a bipartisan manner."This statement comes as both sides are making initial efforts to restart bipartisan negotiations and assess the willingness of all parties to return to the negotiating table and push for the passage of the Clarity Act before the end of the year. This information comes from three informed sources.

According to Fortune magazine, the American enterprise AI startup Arcee AI has completed a $150 million Series B funding round, with a pre-money valuation of $1 billion. This round was led by Vista Equity Partners, Cambium Capital, and Emergence Capital, with participation from Microsoft's M12, AI10 Ventures, Hitachi, IAG, P7, and Wipro.Arcee did not disclose the specific amount, but insiders say it is at least $150 million. Founded in 2023, Arcee initially focused on fine-tuning and optimizing existing models, later shifting to building open-weight models from scratch. Its founder, Mark McQuade, was an early employee at Hugging Face. The funds will be used to develop new open-weight models and products, expand collaboration with the U.S. Department of Energy, and work with Vista's portfolio companies.

Well-known trader Bonk Guy posted on his personal channel that for a long time, Arc has been one of the "best performing" public chains. At the project's launch, it connected to several key platforms such as FOMO and DEX Screener, with major launch platforms including Argus, Tolly, Lift, and Long. However, Arc is not the next Robinhood, BNB, or Solana, and users should participate with caution, stating that viewing it as a similar public chain may lead to losses.Bonk Guy added that Arc is essentially a stablecoin public chain, and it may find suitable applications for stablecoins in the future, but it is currently difficult to see how meme coin traders can stay on this chain long-term. He also revealed that he has bought meme coins on the Arc chain but plans to hold them for no more than a few days, emphasizing that if participating in meme coin trading on Arc, it should be viewed as a short-term opportunity.

According to Hyperbot data, Huang Licheng has closed part of his long positions in BTC and ETH. The current positions are as follows: a 25x long position in ETH valued at 59 million USD, with an unrealized loss of 1.8 million USD; a 40x long position in BTC valued at 5 million USD, with an unrealized loss of 110,000 USD.The data shows that his total position loss is 4.42 million USD.

According to CoinDesk, the European Central Bank (ECB) called on e-commerce and mobile commerce merchants in the Eurozone on Tuesday to participate in the digital euro pilot program, preparing for the potential issuance of a retail central bank digital currency in 2029. The pilot will test the technology, operational processes, and user experience of the currency's beta version, which, while similar to the digital euro, is not legal tender.The pilot will last for 12 months and is scheduled to launch in the second half of 2027, with the final issuance still requiring legislative and management committee decisions. In the weeks prior, the European Central Bank selected 36 banks and payment institutions to participate in the testing phase. The pilot will involve the European Central Bank, the central banks of 19 Eurozone countries, and selected merchants, with central bank staff testing scenarios such as online and offline transfers between individuals, in-store payments, e-commerce, and mobile commerce payments.European Central Bank President Christine Lagarde stated that the digital euro is essential for maintaining European monetary sovereignty and reducing dependence on dollar-pegged stablecoins. The European Central Bank believes that the proliferation of private dollar stablecoins like Tether's USDT and Circle's USDC poses a threat to European monetary autonomy. Isadora Arredondo, Vice President of Global Policy at Hedera, stated that the success of the digital euro depends more on commercial viability, and merchants need incentives, while payment service providers may consider lowering the fees for merchants accepting digital euro payments.

According to CoinDesk, stablecoin payment startup Velocity announced that it has completed a total of $48 million in Series A funding, with a valuation of $200 million. This round includes an additional $10 million investment from Visa Ventures, Circle Ventures, Haun Ventures, Ripple, Translink Capital, and Mirana Ventures. Previously, the company completed $38 million in Series A funding in July.Velocity is headquartered in London, and its platform aims to help payment companies and banks use stablecoins for settlement, liquidity, and fund management without replacing existing systems. CEO Eric Queathem, who previously worked at Worldpay, which handled over $2 trillion in payment volume annually, believes that for the past 15 years, capital has been concentrated on improving the consumer front-end experience, while the back-end settlement layer has been neglected.Visa's involvement is particularly noteworthy, as Velocity does not believe that stablecoins will replace bank cards, but rather expects blockchain digital assets to take on more funding and settlement functions beneath the existing payment experience. Queathem anticipates that in the next five years, global enterprises will hold on-chain assets, and the partial on-chain funding of enterprises will create a greater infrastructure demand than merely stablecoin deposits and withdrawals.

Stablecoin company Fin.com announced the completion of a $20 million seed round financing, led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, Figure founder, Mesh founder Bam Azizi, Second Sight Ventures, and Gulf and African sovereign and royal family offices.Fin.com was co-founded by Bangladeshi founder Nabeel Alamgir and Pakistani founder Mustafa Dar, dedicated to solving the "last mile" problem of stablecoin conversion to local bank accounts or digital wallets, providing white-label payment infrastructure to financial service companies, consumer platforms, and prediction markets. Its client platforms collectively serve over 800 million users. The company focuses on markets in South Asia, Africa, and the Middle East, with offices currently in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.

The Bitget 2026 King Cup Global Invitation Tournament (KCGI) has been underway since September 9, with over 1,420 teams participating and a total of 50,902 participants. Users can sign up to participate at any time during the tournament, with the registration deadline set for September 22.This KCGI is centered around "UEX Panorama Competition," and for the first time, it integrates three major tracks: crypto contracts, TradFi contracts, and stock spot (rToken), achieving a unified competition arena, prize pool, and ranking, with a total prize pool of 3 million USDT.The UEX Arena offers a maximum reward of 2 million USDT, covering five major leaderboards including team earnings, trading volume across tracks, and individual earnings; the UEX Treasure Map provides a maximum chest reward of 600,000 USDT through a task key and track fragment synthesis mechanism; there is also a special incentive of 100,000 USDT for team captains participating in the competition.