Important news preview:
Bitget announced its withdrawal recovery plan, and will open withdrawals in various currencies in stages from September 28 to October 2. In addition, its CEO and other senior executives will hold a live AMA of at least 2 hours at 15:30 on September 28 to answer questions from the community about the incident, the progress of currency withdrawal recovery, and follow-up plans;
Robinhood’s third HOOD Summit will be held from September 29th to 30th and will release the latest products;
Binance will gradually migrate crypto assets in user funds accounts (Funding Account) to spot accounts (Spot Account) starting from September 29;
The Australian digital asset license transition period will end on September 30, and unlicensed encryption companies may face a fine of 10% of annual turnover;
On September 30, the cross-chain protocol Router Protocol, the prediction market terminal Fireplace, and the Solana ecological prediction application Trepa will be closed, the encrypted cross-border financial platform Offramp will stop cryptocurrency withdrawals, and Shipyard will stop its IPFS-related engineering, maintenance, and infrastructure operations;
At 8:30 pm on October 2, the U.S. non-farm employment report was released;
DoubleZero (2Z) will unlock approximately 1.66 billion tokens at 9:00 pm on October 2, Beijing time, with a ratio of approximately 47.69% to the circulating supply and a value of approximately US$114 million.
KBW2026 will be held in Seoul from September 30 to October 1
September 28
Exchange:
Bitget CEO and other executives will hold a live AMA of at least 2 hours at 15:30 on September 28
Bitget CEO Gracy Chen and Bitget Greater China Head Xie Jiayin will hold a live AMA of at least 2 hours on September 28 at 15:30 UTC+8 to answer questions from the community about the incident, currency withdrawal recovery progress, and follow-up plans.
Bitget announces withdrawal recovery plan, opening withdrawals in various currencies in stages from September 28 to October 2
Bitget said it has confirmed and fixed the vulnerabilities related to the security incident that occurred on September 24. User account balances have not been affected, and the platform protection fund will bear the financial impact of this platform-level incident. The current withdrawal of currency is temporarily suspended for safety reasons and has nothing to do with the availability of user assets. Transactions and recharges are normal. Bitget plans to resume currency withdrawals in stages: Bitcoin will be the first to open at 16:00 on September 28 (Beijing time), Ethereum and other networks will open at 16:00 on September 29, USDT stablecoins (Ethereum, BSC, Solana, Tron) will open at 16:00 on September 30, and other tokens, legal currencies and over-the-counter transactions will be fully resumed at 16:00 on October 2. Transaction and recharge services are not affected. Infrastructure verification and auditing will continue during this period by internal and external security teams.
Upbit will delist the Synthetix (SNX) trading pair on September 28
Upbit will end trading support for Synthetix (SNX) at 14:00 on September 28. The affected trading pair is SNX/BTC. Users need to complete the withdrawal before October 28th, and related assets will not be processed after the deadline.
Project updates:
Grayscale’s Zcash ETF will implement a 1-for-3 stock split after the market closes on September 28
Grayscale’s Zcash ETF (ZCSH) has submitted a 1-for-3 stock split document to the U.S. SEC. After the market closes on September 28, shareholders will receive an additional 2 shares for every share they hold. The price per share of the fund will decrease proportionally and the number of outstanding shares will increase, but the total value of the position will remain unchanged.
Smarter Web Company plans to issue perpetual preference shares on the London Stock Exchange to increase its Bitcoin holdings, and the plan will be submitted to shareholders for a vote on September 28
The Smarter Web Company, a British Bitcoin financial company, plans to issue perpetual preference shares on the main board of the London Stock Exchange under the code MORE. The target is to raise 15 million to 25 million pounds. Subscriptions of less than 10 million pounds will not be accepted and at least three market makers are required to participate. The preferred stock pays accumulated floating weekly dividends, enjoys liquidation preference, and the company retains the right of redemption, but has no voting rights. SWC currently holds 2,878 Bitcoins. After the High Court approved the reduction of 210 million pounds in equity premiums in July, it can allocate reserves of approximately 132.5 million pounds for dividend payments. The plan will be submitted to shareholders for a vote on September 28, and FCA still needs to approve the prospectus.
September 29
Policy supervision:
The U.S. government and AI giant launched a unified service website, America.gov, which was officially launched on September 29
U.S. President Trump will launch the new government website America.gov next Tuesday with a number of technology and AI leaders to integrate public services and information that were originally scattered among various federal agencies. The White House said the website will be accompanied by a full day of special discussions covering topics such as artificial intelligence, energy, health care, space and agriculture. Nvidia CEO Jensen Huang, Tesla CEO Musk and Anthropic co-founder Tom Brown are expected to attend, as will Vice President JD Vance and a number of officials. Joe Gebbia, co-founder of Airbnb and current head of the National Design Studio, said that new AI tools will be used to help people obtain government support more easily. Trump also emphasized that his government will not slow down the development of AI amid technological competition with China.
The web page currently displays a countdown to launch, with the remaining time being approximately 3 days and 13 hours. The official launch time converted to Beijing time is approximately 22:00 on the evening of next Tuesday (September 29).
Exchange:
Coinbase will suspend trading on BADGER and STORJ on September 29
Coinbase will suspend trading in Badger DAO (BADGER) and Storj (STORJ) at 02:00 on September 29. The order books of the two assets have been converted to price-only mode. Users can still place orders, cancel orders and may complete transactions; after the trading is suspended, BADGER and STORJ assets can still be accessed and support withdrawals.
Robinhood’s third HOOD Summit will be held from September 29th to 30th and will release the latest products
According to Robinhood’s official announcement, the company will host the third HOOD Summit in Houston, USA, from September 29th to 30th, with the theme of “Creation Engine.” Robinhood co-founder and CEO Vlad Tenev will deliver a keynote speech at 17:30 local time on September 29, announcing the latest products and features for active traders, corresponding to 06:30 Beijing time on September 30. The next day was a full-day dialogue with industry leaders, with speakers including ARK Invest CEO Cathie Wood, Bankless founder David Hoffman, CME Group’s director of retail education Craig Bewick, etc. The event will be live broadcast simultaneously on the Robinhood app, X, YouTube and official website.
CoinEx announces the suspension of operations and orderly liquidation, and will stop spot trading on September 29
The crypto exchange CoinEx announced that it would cease operations and begin orderly liquidation, citing the continued downturn in the crypto market, shrinking trading volume and liquidity, rising regulatory requirements, and excessive compliance costs that exceed reasonable limits. Starting from September 15, 2026, the platform will gradually stop services: new user registration and recommendation rewards will be stopped on September 15, and futures will enter a lightening-only mode; all non-spot services will be stopped on September 22; spot trading will be stopped on September 29, and all CET in the user account will be repurchased at 0.005 USDT/CET; the withdrawal period will end on December 22, and the platform will cease operations. CoinEx said the asset reserve rate exceeds 100% and users’ assets can be withdrawn in full. Overdue USDT that has not been withdrawn will be transferred to independent custody, and a monthly custody fee of 5% of the original balance will be charged. CoinEx claims that this is the final official announcement and any new announcements issued in the name of CoinEx thereafter are fraudulent.
Binance Fund Account is renamed as Stock Account, and crypto assets in user fund accounts will be migrated to spot accounts starting from September 29
Binance will gradually migrate cryptoassets in users’ Funding Accounts to Spot Accounts starting on September 29, 2026. The migration is expected to last until January 2027, and the specific date will be notified separately. After the migration period, the capital account will be renamed Stocks Account and will only be used for transaction settlement of stocks and stock options.
Project updates:
Oura IPO has been subscribed more than 4 times and is expected to be priced on September 29. Binance and Coinbase have already deployed related products
Smart ring manufacturer Oura's IPO subscription demand for this round is approximately four times the number of shares issued. The issuance price range is US$40-44 per share. It plans to issue 50 million shares and is expected to be priced on September 29. After listing, it will be listed on Nasdaq under the code OURA, with a valuation of up to US$14.1 billion. Previously, Binance has launched the OURAUSDT Pre-IPO perpetual contract, and Coinbase has also opened the IPO share subscription channel.
0G plans to officially launch the new computing power-based digital asset Infinite AI (iAI) on September 29
AI trust layer and cutting-edge AI laboratory 0G have launched Compute Finance (ComFi), a new financial layer for AI that allows users to earn real usable AI computing power. Under the ComFi model, digital assets can generate computing power usage rights that can be consumed in various AI services. This release is accompanied by the launch of the 0G liquidity staking product Ascend, as well as the debut of the new computing power-based digital asset Infinite AI (iAI), which is scheduled to be officially launched on September 29.
ComFi’s user path is: users stake 0G through Ascend and obtain a0G, use a0G to mint iAI, and then stake eligible iAI to earn computing power points, which can be used for supported 0G AI products. Ascend provides the staking and liquidity layer, and Infinite AI connects this positioning with access to available AI computing power.
Hut 8 wins $140 million bid for bankrupt crypto miner Poolin’s Texas data center, sale hearing set for September 29
Hut 8 emerged as the winning bidder for bankrupt crypto miner Poolin’s two data center sites in Texas, with a bid of $140 million. The bid, which includes cash and other consideration, covers Poolin's Pyote and Tarbush sites. The deal must be approved by the U.S. Bankruptcy Court for the District of New Jersey before it can be finalized. A hearing on the sale is scheduled for September 29.
Poolin and its two U.S. affiliates filed for Chapter 11 bankruptcy protection in July after winding down mining and hosting operations at the Texas site. The company's total debt is about $173.1 million, including about $163.7 million in unsecured debt owed to Poolin Wallet users due to a withdrawal freeze in 2022, court documents show.
Token Unlocked:
Falcon Finance (FF) will unlock approximately 77.14 million tokens at 9:00 pm on September 29th, Beijing time, with a ratio of approximately 2.51% to the circulating supply and a value of approximately US$10.2 million.
September 30
Policy supervision:
UK FCA releases guidelines on the regulatory scope of crypto assets, and authorization applications will be open on September 30
The UK Financial Conduct Authority (FCA) has issued new guidance to help companies understand how the UK’s future crypto asset regulatory regime will apply to their businesses and clarify which activities may require FCA authorization. The new system will take effect on October 25, 2027, and applications for authorization will be opened on September 30, 2026. The guidelines cover activities such as issuing qualified stablecoins, operating crypto-asset trading platforms, proprietary trading and trade matching, crypto-asset custody and arranging pledges.
Prior to the publication of this guidance, the FCA had completed the finalization of rules and guidance in June 2026. The government has also made targeted changes to the law, including limited exclusions and further clarification for certain technology service providers. The FCA will consult on targeted updates to the guidance in October.
The Australian digital asset license transition period ends on September 30, and unlicensed encryption companies may face a fine of 10% of annual turnover.
The Australian Securities and Investments Commission (ASIC) has warned that crypto companies relying on the temporary regulatory grace period need to apply for a financial services license before September 30, otherwise they may face fines of up to 10% of annual turnover. Companies that are not authorized and do not meet ASIC's grace period conditions from October 1 may breach financial services laws and face civil and criminal penalties. ASIC has received more than 45 applications for digital asset-related licenses since it updated its guidelines in October 2025. On June 25, it extended the grace period from June 30 to September 30. ASIC emphasized that this license application grace period and the digital asset framework that will take effect in April 2027 are two independent sets of regulatory arrangements.
"Measures for the Management of Online Marketing of Financial Products" will be implemented on September 30: KOLs need to "hold a certificate to work"
The "Measures for the Management of Online Marketing of Financial Products" jointly initiated by the Central Bank and other eight ministries and commissions will be officially implemented on September 30, 2026. The Measures do not completely ban the online delivery of financial products, but provide specific guidance and regulations for marketing behavior. It is clear that marketing of financial products through official accounts, live broadcasts, and short videos should be done on the self-operated platforms of financial institutions or accounts legally opened by financial institutions on third-party Internet platforms.
In addition, marketers should be employees of financial institutions, have the qualifications to engage in relevant business, and obtain authorization from financial institutions. This means that KOLs (Key Opinion Leaders, i.e. opinion leaders, Internet celebrities, and big Vs) must be "certified to work" if they want to bring financial products.
Thailand SEC proposes to allow retail investors to trade overseas crypto derivatives, and the comment period ends on September 30
Thailand’s Securities and Exchange Commission (SEC) has proposed allowing intermediaries to provide qualifying overseas crypto derivatives trading services to retail investors. The proposal requires that overseas products be similar to crypto derivatives traded in Thailand in terms of underlying assets, terms, leverage and settlement methods, and must be traded on an exchange that uses central counterparty clearing. The exchange must be regulated by a specific international regulatory organization or a member of an exchange group. Non-eligible products are only available to institutional investors. Thailand’s SEC officially listed cryptocurrencies and digital tokens as allowable derivatives underlying assets on March 5 and is discussing contract specifications with the Thailand Futures Exchange. The comment period is open until September 30.
The EU plans to amend MiCA to cover tokenization and non-EU stablecoins, and will solicit opinions until September 30
The EU is considering amending the MiCA regulations to cover emerging areas such as tokenization and non-EU stablecoin issuers, and the solicitation for comments is open until September 30. MiCA came into full effect at the end of the transition period on July 1, and only 244 companies were approved as crypto asset service providers. The background of this revision includes the rise of tokenized securities (the scale of on-chain stocks has reached US$2.16 billion, a month-on-month increase of nearly 45%) and the global progress of stablecoin regulation after the passage of the US GENIUS Act. An EU diplomat said "a re-examination of the document seems inevitable at this time". The European Commission launched a relevant investigation in May, stating that "since the formulation of MiCA, the digital asset market has continued to evolve, and the global policy and regulatory landscape has also undergone significant changes" and is evaluating whether the EU framework needs to be updated.
South Africa releases a draft manual on crypto assets: clarifying cross-border transfer declaration requirements for the first time, soliciting comments until September 30
The South African Ministry of Finance and the South African Reserve Bank jointly released a draft of the "Crypto-Asset Manual", which for the first time clearly stipulates the supervision and reporting requirements for cross-border crypto transactions. According to the draft, the transfer of crypto assets from a local authorized crypto service provider to an overseas platform or non-custodial wallet will be considered a cross-border transaction and must be handled through the authorized service provider and reported to the Reserve Bank's financial surveillance department. Individuals can only transfer crypto assets abroad within the scope of their existing foreign exchange quota. There is no need to declare when buying and selling cryptocurrencies using rand through local platforms. The public can submit feedback on the draft until September 30.
Exchange:
Argentinian crypto exchange Lemon announced that it will withdraw from the Brazilian market and will stop Lemon Card services on September 30
Argentinian crypto exchange Lemon announced that it will cease local operations due to excessive regulatory capital requirements in Brazil. The platform will cease Lemon Card service on September 30 and automatically close all Brazilian accounts on October 16. Lemon said that applying for the encryption business license required by the Brazilian Central Bank requires locking up a large amount of capital, which is disproportionate to the scale of its local business, so he decided to withdraw.
Project updates:
LayerZero will stop off-chain service support for 13 chains including Taiko and opBNB on September 30
LayerZero officially reminds that due to low activity on some networks, it will continue to stop off-chain service support for relevant chains in batches, and LayerZero DVN and Executor services will no longer cover these networks. The 13 chains affected since September 30 are Aurora, Taiko, Japan Open Chain, LightLink, Viction, Anime, XPLA, Merlin, Gnosis, Zora, Otherworld Space, XAI and opBNB.
Affected by this, Stargate Hydra will no longer support some networks. Officials remind relevant users to redeem or cross assets such as USDC.e, WETH and Hydra USDT from these chains as soon as possible; among them, Stargate's support for Aurora, Taiko, LightLink and Gnosis has been stopped on September 23. According to an update on September 25, the LayerZero off-chain services of Gravity, Camp, Lisk, GOAT and Metis will be stopped on October 30, and related Stargate asset support will end on October 23. Officials recommend bridging assets to a more liquid and still supported network such as Ethereum, Arbitrum, Base or BSC to avoid losing access to funds.
Zcash Q3 retroactive grant funding voting closes on September 30th
Zcash announced that the Q3 Retroactive Grant voting for Shielded ZEC holders is now open and will last until 4:00 on September 30, Beijing time. This vote contains 37 proposals, each of which requires a separate "yes/no" vote. The legal voting threshold is approximately 420,000 ZEC. Before voting, you need to update to Zodl 3.14.0 and above, the latest version of Vizor Wallet or the latest version of Zkool.
The cross-chain protocol Router Protocol announced that it will gradually cease operations and will be fully closed before September 30.
The cross-chain protocol Router Protocol announced in a document that it has decided to gradually cease operations after more than four years of construction and will be fully closed before September 30, 2026. The team stated that in the past two years, Web3 liquidity has continued to be scarce, the market focus has shifted to AI, the popularity of the cross-chain interoperability track has faded, and the revenue from the bridging business has been difficult to cover costs. Although various approaches including commercialization, licensing, and acquisitions have been attempted over the past year, no sustainable solution has been achieved. Router Protocol will permanently destroy the 303,333,198 ROUTEs pending in the vault and coordinate with centralized exchanges to delist ROUTEs. Holders must follow the arrangements of each exchange and redeem their tokens before the deadline. In addition, the project will not launch any new plans related to ROUTE, and plans to open source some technical components for community use.
Shipyard will cease its IPFS-related engineering, maintenance and infrastructure operations on September 30
IPFS ecological development team Shipyard announced that due to Protocol Labs’ decision not to renew funding, Shipyard will cease IPFS-related engineering, maintenance and infrastructure operations on September 30. After the outage, the core projects it maintains such as Kubo, Helia, and IPFS Desktop will no longer have dedicated maintainers. The future of public infrastructure such as ipfs.io, dweb.link, and IPFS boot nodes will be determined by Protocol Labs. Shipyard said it will assist with the transition by the end of September.
Prediction market terminal Fireplace announces it will shut down on September 30
The Fireplace team announced the closure of its prediction market and trading terminal. The website will operate until 23:59 on September 30 (UTC). Users need to close positions, withdraw funds and export account data before then. The project team stated that if there is a team that continues to build on the prediction market track and is interested in Fireplace technical achievements, they can contact them through private messages. They have provided relevant resources and information on the official website.
Trepa announces outage, predicting the game will be offline on September 30
Solana ecological prediction application Trepa announced that it will shut down its service. The team said that the last round of playable games will be held on August 12, and the invitation rebates and winning streak rewards that users have received will be distributed to Trepa wallets on August 13. The application will operate until September 30, and users must withdraw cash from their wallets to their own addresses before then; if they miss the deadline and use their email to register, they can retrieve access rights through home.privy.io. The team stated that it was unable to find a product-market fit. Factors such as a single 1-2pm UTC active window, complex gameplay, and compliance restrictions limited user growth, and confirmed that it would shut down the business entirely.
Crypto cross-border financial platform Offramp will cease operations and will stop cryptocurrency withdrawals on September 30
Offramp, a crypto-native cross-border platform primarily for Latin American freelancers, has announced that it will cease operations. Functions such as transfers, QR code payments, deposits, and investments were deactivated on July 1. Starting July 31, Offramp will stop fiat currency deposits, withdrawals and cryptocurrency deposits, deactivate physical and virtual cards, and stop the operation of mobile applications. On September 30, Offramp will cease cryptocurrency withdrawals, and on December 31 all savings and investment accounts will be closed and operations will officially cease.
MSCI's new regulation consultation plans to exclude non-operating companies from global indexes: Strategy, Metaplanet, etc. may be affected. The comment period ends on September 30
Index provider MSCI has launched a new advisory that could exclude so-called "non-operating companies" from its global investable market indexes. This category might include companies such as Strategy and Metaplanet.
The proposed rule would use a two-step screening approach: first, whether operating assets exceed 50 percent of total assets, and second, five financial ratios. If a company fails to meet the criteria for at least four ratios, it will be deemed ineligible for inclusion in the index. If applied to current data, this screening method would result in companies such as Strategy and Metaplanet being removed from the MSCI ACWI IMI index. However, MSCI is seeking comments until September 30 and any changes will not take effect until a review in November 2026 at the earliest.
Community activities:
KBW2026 will be held in Seoul from September 30 to October 1
Korea Blockchain Week KBW2026 will be held in Seoul in partnership with Upbit, focusing on stablecoins, tokenization and blockchain financial infrastructure, highlighting South Korea's hub status in institutional entry and digital asset markets.
The conference will kick off with the "Upbit Institutional Summit" on September 29, which is a closed invitation-only event jointly organized by Upbit and FactBlock. The main venue of KBW2026, co-organized by Upbit, will be held at Walkerhill Hotels & Resorts in Seoul from September 30 to October 1.
Token Unlocked:
Kamino (KMNO) will unlock approximately 229 million tokens at 8 pm Beijing time on September 30th, with a ratio of approximately 2.81% to the circulating supply and a value of approximately US$10.8 million.
Collector Crypt (CARDS) will unlock approximately 59.26 million tokens at 3 a.m. Beijing time on September 30, with a ratio of approximately 10.62% to the circulating supply and a value of approximately US$10.7 million.
October 1
Policy supervision:
Brazil’s central bank has banned the use of stablecoins and cryptocurrency settlements in cross-border payments since October 1
The Central Bank of Brazil has banned electronic foreign exchange (eFX) service providers from using stablecoins and other cryptocurrencies (such as Bitcoin) to settle overseas remittances since October 1. The ban applies to fintech companies and payments companies, cutting off back-end payment channels for cross-border fund flows, but individual cryptocurrency investors can still buy and hold assets. Electronic FX payments must now be made using a FX transaction or non-resident real account. Unauthorized companies must apply to Brazil’s central bank for approval by May 2027.
The state of Hawaii in the United States signs a bill to completely ban encrypted ATMs, which will take effect on October 1
Hawaii Governor Josh Green signed House Bill 1642 in July, which prohibits "owning, operating, or managing transaction kiosks that exchange digital financial assets for U.S. currency." The ban will officially take effect on October 1. The bill cites data from the FBI's Internet Crime Complaint Center, which reported in April that Americans lost more than $11 billion in digital asset-related fraud in 2025, including 826 related complaints from Hawaii residents in 2025, resulting in losses of approximately $80 million. Hawaii thus becomes the fourth state in the United States to completely ban encrypted ATMs and self-service machines, following Minnesota, Tennessee and Indiana.
South Korea will introduce civil seizure rules for crypto assets starting from October 1, allowing courts to directly freeze, transfer and dispose of digital assets through local crypto exchanges
Project updates:
The WLFI community starts voting on the governance participation incentive plan proposal and plans to launch the relevant incentive plan before October 1
World Liberty Financial has opened voting on the proposal to “launch the WLFI Governance Participation Incentive Program” and plans to launch the relevant incentive program before October 1, 2026. The proposal states that all WLFI holders will continue to retain governance voting rights. Holders of unlocked WLFI can lock their tokens for at least 180 days and directly participate in at least one governance vote every 90 days to receive dynamically calculated rewards. Delegated voting does not count towards participation requirements. The reward pool can be funded from the WLF treasury, World Liberty Markets fees and other ecological and marketing incentives, and is scheduled to be replenished every two weeks. If approved, the proposal will replace the previously approved ecosystem proposal on March 12, 2026.
Token Unlocked:
Sui (SUI) will unlock approximately 13.26 million tokens at 8 a.m. Beijing time on October 1, with a ratio of approximately 0.32% to the circulating supply and a value of approximately US$16.7 million.
EigenCloud (EIGEN) will unlock approximately 36.82 million tokens at 12 noon on October 1, Beijing time, with a ratio of approximately 5.19% to the circulating supply and a value of approximately US$10.3 million.
October 2
Macroeconomics:
At 20:30 on Friday, October 2, the U.S. non-farm employment population, unemployment rate, and average hourly wage after seasonal adjustment in September
Policy supervision:
U.S. SEC Commissioner Hester Peirce, known as "Crypto Mom" for her support of the encryption industry, will leave office on October 2
American financial reporter Eleanor Terrett published an article on the Starting in November, she will join Regent University School of Law as an associate professor. After she steps down, the SEC will be left with only two members, Chairman Paul Atkins and Commissioner Mark Uyeda.
Project updates:
Kalshi Bitcoin Perpetual Contract Gets Support: The US CFTC calls the CME lawsuit "much ado" and the latter needs to submit a response before October 2
The U.S. Commodity Futures Trading Commission (CFTC) has asked a Washington, D.C., court to dismiss a lawsuit filed by the Chicago Mercantile Exchange (CME) over the Kalshi Bitcoin perpetual futures contract. Kalshi’s cash-settled BTCPERP contract was approved on May 29. The contract has no expiration date, uses a funding rate mechanism, and tracks the Bitcoin spot price. CME believes that contracts that have no delivery date and continue to generate capital payments should be recognized as swaps rather than futures.
The CFTC responded that CME’s lawsuit was “much ado about nothing” and pointed out that CME could also list similar products. In addition, the CFTC stated that the trading volume of CME Bitcoin futures in June and August was higher than that in May, and related businesses were not significantly affected. CME needs to submit a response before October 2.
Token Unlocked:
DoubleZero (2Z) will unlock approximately 1.66 billion tokens at 9:00 pm on October 2, Beijing time, with a ratio of approximately 47.69% to the circulating supply and a value of approximately US$114 million.
Ethena (ENA) will unlock approximately 40.63 million tokens at 3:00 pm Beijing time on October 2, with a ratio of approximately 0.45% to the circulating supply and a value of approximately US$11 million.
October 3
Project updates:
The Cronos community initiated a proposal: It plans to repurchase product revenue and destroy CRO. The voting period ends on October 3
The Cronos community released a governance proposal that would use all revenue generated from Ult and Cronos Launch to purchase and destroy CRO on the market every month, execute it on the chain every month, and publish the hash value of each transaction. Operational, infrastructure and growth-related costs will be covered by existing funds, and the strategic reserve will be used to support Cronos POS’s future staking rewards. Staking rewards will continue to be issued according to the current Cronos POS parameters, and when the issuance volume decreases, funds will be replenished from the reserve. The proposal is still in the proposal stage, with a voting period until October 3.
The first tranche of funds from Hyperliquid AQAv2 may be able to repurchase approximately US$20 million of HYPE, which is expected to enter the Hyperliquid Assistance Fund on October 3
HyperLiquid previously announced that it has upgraded to the AQAv2 mechanism. The system will maintain a dynamic and automatic balance of USDC balance between the contract address and the treasury address in each HyperEVM block at a ratio of 1:9 through automated on-chain transactions. According to the official description, the system is automatically executed by on-chain transactions without manual intervention. Circle is responsible for the role of technical deployer, while Coinbase is responsible for treasury deployment and management.
In terms of revenue mechanism, AQAv2 stipulates that stablecoin issuers must distribute approximately 90% of the cost-adjusted reserve revenue generated within the Hyperliquid system to the agreement parties. Income is accumulated in a 30-day cycle and automatically transferred to the Assistance Fund on the 8th day after the end of the cycle. In addition, there is a transition period for the implementation of this mechanism, with the start of income accrual on August 26 and the first income payment on October 3.
October 4
None yet