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Anza announced that the second phase of the Solana account rent reduction proposal SIMD-0437 has been launched on the mainnet beta. In epoch 1033, the per-byte parameter used to calculate the minimum balance for rent-exempt accounts has been reduced from 6333 lamports to 5080 lamports, a cumulative decrease of about 27% from the initial level, lowering the SOL balance required to maintain rent-exempt status.Anza also shared instructions for reclaiming excess SOL: users with the appropriate permissions can use the WithdrawExcessLamports instruction to withdraw SOL from token accounts, token mint accounts, etc., that exceed the minimum balance for rent exemption, without needing to close the accounts, and it does not affect the token balance. There is no fixed timeline for subsequent phases; the third phase will only be activated after confirming that the on-chain status growth is within a safe range; adjustments can be made in reverse through SIMD-0438 if necessary.

According to POLITICO Pro, U.S. President Trump held a closed-door meeting with advisors on Friday regarding the ethical provisions for government officials in the Senate's proposed cryptocurrency bill, the Clarity Act. The bill is set for a crucial procedural vote in the Senate next Tuesday, with Senate Democrats demanding the inclusion of ethical constraints applicable to government officials to limit Trump's ability to profit from his family's cryptocurrency business. It is currently unclear who attended the meeting with Trump and what the conclusions were.Trump's senior cryptocurrency policy advisor Patrick Witt posted a positive signal on X on Saturday, stating, "Today is a bad day for the naysayers of the Clarity Act."The ethical provisions have been one of the key obstacles the Clarity Act faces in the Senate, with significant bipartisan disagreements over whether enforcement authority should be led by the Department of Justice or state attorneys general. The procedural vote next Tuesday will test whether the two parties can reach a compromise on this core dispute before the Senate recesses.

The new regulations from the Central Bank of Brazil require virtual asset service providers to meet compliance requirements related to capital, auditing, anti-money laundering, and ongoing reporting, with capital requirements reaching up to 37.2 million reais, approximately 7.2 million US dollars. Currently, among about 300 related institutions, only 20 to 25 may meet the conditions to apply for authorization, and it is expected that only 10 will obtain licenses.Some small platforms have ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute their decisions to the new regulations. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some businesses may struggle to maintain operations. Related institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers.Isabel Longhi, Head of Public and Regulatory Policy for Ripple Latin America, stated that market consolidation is expected to occur as the Brazilian crypto market matures, but the new regulations will limit innovation in the short term.

"White-haired Stock God" Serenity posted on platform X that a piece of information in Oracle's (ORCL) financial report is favorable for Nebius (NBIS) and IREN (IREN). Oracle stated that all renewed GPU computing power has been resold, with prices increasing by 20% compared to previous contracts, and most related equipment has been used for over 4 years. Serenity believes that this situation once again counters "Big Short" Michael Burry's argument about the rapid depreciation of GPUs, while also benefiting Nvidia (NVDA) and the Neocloud computing sector.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 60, down 2 points from yesterday. The average over the past 7 days is 65, and the average over the past 30 days is 62.

Cointelegraph reported that Morgan Stanley set a target price of $250 for Coinbase, implying an upside potential of about 43%, as its business expands beyond cryptocurrency.

BitMine Chairman Tom Lee stated that the cryptocurrency market will enter an extremely bullish phase in the next 12 months. He believes that the market experienced over $19 billion in leveraged position liquidations on October 10 last year due to the U.S. threatening to impose a 100% tariff on China, and a large amount of borrowed funds has been cleared, suggesting that the bottom of the cryptocurrency market's four-year cycle may appear next month.Tom Lee is also optimistic about the long-term opportunities brought by asset tokenization. He estimates that if $100 trillion in assets migrate on-chain in the future and generate 1% in revenue, it could produce about $1.1 trillion in annual revenue, corresponding to a market opportunity of about $20 trillion based on traditional business valuations.However, BitMine currently holds 5.93 million ETH, with related positions showing a paper loss of about $5 billion. Fundstrat has continuously advised clients to allocate 2% of their portfolios to cryptocurrency assets over the past decade; Tom Lee stated that in the accounts of clients who adopted this advice, cryptocurrency assets currently account for over 85% of their portfolios.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the well-known trader @XXAntiWar's related addresses have currently completed 3 ZEC short positions, with a total profit of approximately $727,000 and a settled trade win rate of 100%. In addition, they still hold a 3x ZEC short position worth $4.5 million, currently facing an unrealized loss of about $23,000.Specifically, the address 0xfe5...5d850 previously shorted ZEC twice near $1273 and $1181, with a total profit of approximately $693,000; the address 0x0c4...5d516 shorted ZEC worth $3.56 million at an entry price of $1129, making a profit of about $34,000.The address 0x9bb...9bbf2 opened a 3x ZEC short position worth $4.5 million at 5 AM today, with an entry price of $1120.8, currently facing an unrealized loss of about $23,000.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 7.399 billion USD, with long positions totaling 3.505 billion USD, accounting for 47.37% of the holdings, and short positions totaling 3.894 billion USD, accounting for 52.63%. The profit and loss for long positions is 305 million USD, while the profit and loss for short positions is -330 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2270.47 USD, currently showing an unrealized profit and loss of -24.636 million USD.

The head of research at digital asset management company Grayscale, Zach Pandl, stated in an analysis that even if Congress fails to pass the CLARITY Act this year, U.S. crypto regulation can still advance in areas such as stablecoins, token issuance, tokenized securities, and perpetual futures.U.S. President Donald Trump signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for the issuance of payment stablecoins. The act requires issuers to provide sufficient reserves and publicly disclose the composition of reserves monthly, prohibiting misleading claims that tokens are federally insured, backed by the U.S. government, or considered legal tender. The U.S. Securities and Exchange Commission (SEC) proposed Regulation Crypto Assets, which aims to allow eligible projects to raise no more than $5 million over four years, or no more than $75 million every 12 months. Relevant exemptions and investment contract safe harbors are still in the proposal stage, with the public comment submission deadline set for October 20.The recent procedural milestone for the CLARITY Act was the termination debate vote on the motion to advance held on September 15, which requires 60 votes to pass and is not the final vote. Grayscale stated that the act would still help clarify the division of regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), but its failure to pass would not halt the regulatory measures already in progress.

According to Bitcoin News, the Chief Technology Officer of BlueWallet stated that they screened 904 iOS applications labeled as non-custodial cryptocurrency wallets in the App Store and analyzed 494 of them, ultimately marking 45 as potentially having serious or high-risk security issues, with 23 being of potential serious risk and 22 being high risk.The issues mainly include suspected uploading of mnemonic phrases or private keys to servers, insufficient randomness in generated wallets, storing keys on the server side, using hard-coded encryption keys, and loading unsigned JavaScript code that can interact with sensitive wallet data. The Chief Technology Officer of BlueWallet cautioned that the analysis results may contain false positives, and applications not appearing on the list are not necessarily safe. When it comes to storing large amounts of Bitcoin, merely passing the App Store review and the application's reputation are not sufficient grounds to trust the software.

The U.S. SEC is reviewing Grayscale's application to rename the Grayscale Litecoin Trust to "Grayscale Litecoin Trust ETF," which is planned to be listed on NYSE Arca under the stock ticker LTCN.

The cryptocurrency brokerage platform Cascade (formerly Perennial) has announced its closure. The platform has spent the past 5 years dedicated to creating the next generation of modern brokerage experiences, a unified platform aimed at the global market, built around 24/7 access and unlimited availability.Cascade stated that this was not an easy decision and expressed gratitude to its supporters over the years. Cascade has now ceased operations. Users can withdraw remaining funds in Cascade (CLS+trading) through the officially designated link (logged in via Privy Home); please use only that designated link and refer to the official verification information for confirmation.

According to NBC, North Korea is utilizing remote IT workers from third countries such as Iran and Lebanon to assist in infiltrating American companies and obtaining funds to finance its weapons programs. Alerts issued by the U.S. and several foreign agencies in July indicated that North Korean IT workers "seek to sign contracts with the intention of remitting salaries back to relevant North Korean agencies," while also posing internal threats to companies, involving data leaks, cryptocurrency theft, and sensitive information theft.As governments like the United States increase countermeasures, North Korea is increasingly leveraging third-country IT workers to secure job interviews, and after obtaining work contracts, the relevant positions are typically taken over by North Korean agents. Reports indicate that these foreign IT workers are scouted on LinkedIn, with some earning about $500 per month in cryptocurrency to work part-time as "interview assistants."Cointelegraph reported in May, citing data from cybersecurity company CrowdStrike, that state-affiliated North Korean hackers and threat actors caused cryptocurrency losses exceeding $2 billion in 2025, a 51% increase year-on-year. The Bank of Korea estimates that despite facing global sanctions, North Korea's GDP will still grow by 3.5% in 2025.

CoinDesk cites the opinion of Tom Lee, co-founder and chief investment officer of Fundstrat Global Advisors, stating that the cryptocurrency market will be "very bullish" in the next 12 months.Tom Lee indicated that the excess leverage was cleared out last October, and the four-year cycle will bottom out next month.

According to the Daily Telegraph, the Reform Party in the UK received a second donation of £36 million within 48 hours. The party's largest donor, cryptocurrency billionaire Christopher Harborne, added another £36 million, matching the amount donated by Ben Delo on Friday, bringing the total raised by the Reform Party to £72 million in two days. The Reform Party has raised over £86 million this year, far exceeding the Conservative Party's £10.2 million and the Labour Party's £7.7 million.

The U.S. House of Representatives' fundraising committee is scheduled to review a series of digital asset tax legislation on September 16, advancing the crypto tax bill toward a full House vote. This review focuses on two core issues: when miners and stakers should pay taxes on newly created tokens, and whether the wash sale rules applicable to stocks should cover digital assets.The two key bills are the "Mining and Staking Tax Clarification Act" H.R. 9175 and the "Applying Existing Tax Anti-Abuse Rules to Digital Assets Act" H.R. 9172. The former stipulates that miners and stakers do not need to pay taxes immediately upon receiving new tokens but can wait until the tokens are actually sold to pay taxes as ordinary income; the latter extends wash sale and constructive sale rules to actively traded digital assets, closing tax loopholes that crypto traders have exploited for years.

According to GMGN market data, after an afternoon of consolidation and fluctuations, the Robinhood ecosystem Meme coin CATGPT surged again, briefly breaking through 20 million USD before retreating, with a current market value of 15.62 million USD and a nearly 1-hour increase of 41%. CATGPT is paired for trading with OPENAIx1L (OPENAI 1x Long tokenized position) through the Long.xyz platform.Long.xyz is a meme coin issuance platform on the Robinhood chain, focusing on the innovative model of "coin-stock Meme," directly binding traditional Meme coins with tokenized US stocks, forming a dual-driven mechanism of "sentiment speculation + real asset anchoring." The platform allows users to issue Meme tokens and directly form trading pairs with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.) instead of traditional USDT or ETH pairs, while a portion of the trading fees is returned to the community treasury to accumulate corresponding US stock tokens, creating a unique value capture model.Currently, OPENAI has high IPO expectations, but it is difficult to go long in the traditional market before it goes public. This type of tokenized long + Meme pairing provides speculative exposure on-chain. It is an upgraded version of the previous Meme pairing with stock tokens like NVDA. According to market news, the prices of related tokens are highly volatile and carry significant uncertainty, so users should invest cautiously.

According to Reuters, Mexican authorities discovered an illegal cryptocurrency mining operation in a remote mountainous building in Tehuacán, Puebla, where 300 GPUs, 80 medium-voltage terminals, and 8 satellite antennas were found on-site. Authorities are investigating whether the operation is stealing electricity from a nearby hydroelectric power station.This is the fourth similar crypto farm discovered in the area since early last year, with three others found near a hydroelectric power station in northern Puebla last year. Local residents reported that the noise from the equipment can be heard from a kilometer away. Mexican security analyst David Saucedo stated that drug trafficking groups seem to have reached a new level of sophistication, as establishing such operations requires technical expertise and support from well-funded groups.Chainalysis Latin America expert Caio Motta pointed out that such operations are usually located in areas with extremely low electricity prices or within the reach of organized crime to steal electricity and establish large-scale mining infrastructure.

Liquid Capital founder Yi Lihua stated, "In the past two days, expectations of interest rate hikes have emerged, leading to a divergence in market trends. Since negative news has appeared, there are two possible scenarios: one is a real interest rate hike, which would lead to a short-term drop below 76,000, followed by a period of consolidation before rising again. The other is no interest rate hike, which would lead to continued upward movement. Regardless, it's best to trade spot without leverage."During an exchange at a business school in Shenzhen, Yi Lihua pointed out several opportunities in the next three years: one is mainstream BTC/ETH spot trading around four times, aiming for ten times with effort in swing trading. Another is trading infrastructure, which still presents hundredfold opportunities, as the core demand of blockchain is trading. The third is the IPOs defined by CZ, where stocks and IPOs are brought on-chain, resulting in truly high-quality assets that were once white paper tokens bidding farewell completely.