according to Aastocks, Hong Kong Financial Secretary Paul Chan Mo-po stated at the Belt and Road Summit that artificial intelligence is a key driver of digital innovation. Hong Kong has already made the development of artificial intelligence a policy priority and is actively promoting the development of related data, capital, and talent. Chan Mo-po also pointed out that Hong Kong has introduced a licensing system for virtual asset exchanges and stablecoins, emphasizing that a prudent and risk-based approach will be taken to safeguard the stability of investors and the financial system.
On September 11th, Ronin stated in a blog post that by integrating OPStack, the project will receive a milestone grant of $5-7 million from Optimism Foundation, Eigen Labs, Boundless Foundation in the form of tokens such as OP, ZKC, EIGEN. Earlier last week, Ronin governance validators officially voted to adopt Optimism's OP Stack as the Ethereum layer 2 scaling solution.
Coinbase stated, "The fix has been implemented, and the issue of some users being unable to transfer cryptocurrencies has been resolved. We will continue to monitor to ensure all services are back to normal." Earlier reports stated that Coinbase said, "Some users may currently be unable to initiate cryptocurrency transfers; our team is investigating this issue and will provide updates shortly."
a new view is gaining popularity, which believes that the value of most cryptocurrencies today is not captured by the blockchain itself, but is concentrated at the application layer. This trend is becoming more apparent with the rise of Hyperliquid and may change investors' behavior in the coming months.
Joseph Lubin, the founder of Consensys and co-founder of Ethereum, posted on social media that holding Linea can bring further reward opportunities, mainly other token rewards; some from Consensys, some from protocols we collaborate with. MetaMask and Linea are working together to create the relevant mechanisms to achieve this goal. Holding LINEA tokens indicates that you are a member of the community and may participate in activities such as building, staking, and using. In the future, users who hold a certain number of tokens for a certain number of days may receive additional token airdrops, with higher rewards for holding more tokens for longer periods.
the Hong Kong Monetary Authority (HKMA) has released a new regulatory policy manual outlining the classification of crypto assets under the Basel capital rules. Starting from January 1, 2026, Hong Kong will implement the Basel framework by amending its capital, disclosure, and significant risk exposure rules. The manual categorizes crypto assets into two groups. The first group includes tokens pegged to traditional assets and stablecoins with effective stabilization mechanisms, which will be treated similarly to equivalent traditional assets. The second group includes unsecured tokens, such as Bitcoin and Ether, as well as ineligible tokenized assets and stablecoins, which will face comprehensive capitalization and stricter treatment. Stablecoins licensed under Hong Kong's latest "Stablecoin Ordinance" will be considered lower-risk assets. Industry professionals can provide feedback on the revised rules by October 10th.
according to FT, the Avalanche Foundation is in talks with investors to establish two "digital asset treasury companies" in the United States, planning to raise a total of $1 billion, with the funds being used to purchase at a discount millions of AVAX tokens held by the foundation.
Circle and Tether are being questioned by DeFi risk management company LlamaRisk because their bug bounty programs are "seriously inadequate," with the highest amount not exceeding $10,000.
according to on-chain analyst OnchainLens (@OnchainLens), a newly created wallet once again withdrew 7,766 ETH from OKX, worth $34.02 million. The wallet currently holds a total of 15,543 ETH, worth $68.41 million.
Citibank analyst Jin-Wook Kim said that South Korea's commitment to invest $350 billion in the United States could put pressure on the South Korean won. Learning from the lessons of the 1997-1998 financial crisis, South Korea is unlikely to use its $416 billion in foreign exchange reserves, so public institutions may need to raise $20-30 billion in foreign currency each year. The remaining $86-96 billion in financing may need to rely on the bond market. Large-scale bond issuance may push up financing costs and put pressure on the South Korean won. Even if private companies share some of the financing burden, the decrease in the proportion of US export income converted into South Korean won due to US investment may also bring depreciation risks. Citibank expects South Korea to ask the United States to provide solutions for potential foreign exchange shocks and seek to extend the deadline for investment commitments.
according to zoomer, after news emerged that another competitor tried to "bribe" voters, the probability of NATIVE MARKETS winning the bid for USDH on Polymarket skyrocketed to 90%.
David Duong, research director of Coinbase, tweeted that we believe that the technical requirements of the crypto treasury will continue to provide sustained support for the crypto market in the short term, but the DAT (Digital Asset Treasury) phenomenon has reached a critical turning point. We are no longer in the early adoption phase of the past 6-9 months, but we also do not believe that we are close to the end. Instead, we have entered what is known as the PvP stage. This is a competitive stage where success increasingly depends on execution, differentiation, and timing, rather than simply copying a strategy playbook.
according to Bitcoin.com News, Coinbase's second layer scaling solution Base is set to launch its first token SYND on the DEX platform Aerodrome through Syndicate on September 17th.
as reported by Cointelegraph, Litecoin rose by 5.5% as more than 1,000 LTC wallets accumulated 181,000 tokens in a single day. This trend may be driven by positive news, including the ETF application submitted by Grayscale and MEI Pharma allocating $100 million to Litecoin.
the US August CPI data will be released tonight at 20:30, with the market expected to rise slightly. If it exceeds expectations, it may pose a dilemma for Powell on the issue of interest rate cuts.
according to Scroll DAO representative olimpio (@OlimpioCrypto) disclosed on social media platform X, Scroll DAO officially announced the suspension of its governance mechanism, and DAO leader Eugene has officially resigned this week. According to the latest representative meeting content shared by olimpio, Scroll co-founder Haichen (@shenhaichen) stated that the team is "redesigning governance", but has not yet provided a clear follow-up plan or timeline.
according to on-chain analyst Onchain Lens (@OnchainLens), a cryptocurrency wallet received 99,675 SOL tokens from FalconX exchange in the past 4 hours, worth approximately $22.3 million.