TRX has entered a recovery cycle since 2023 and has recently broken new highs. Tron is also regarded as the cash flow cow chain in the crypto industry, and its position as a stablecoin channel between CEX markets is solid.

Arbitrum has launched a governance vote for the Stylus Sprint program, which aims to encourage developers to adopt Arbitrum Stylus to develop smart contracts and tools by offering up to 5 million ARB tokens. The program lasts for one year, with an application period of 8 weeks. Applicants need to use Stylus technology, demonstrate their unique use cases, and build basic tools. Project teams must apply through a designated process and be screened by an evaluation committee based on the criteria in the proposal. The maximum application amount is 1 million ARB. Funds will be distributed in stages according to project progress to ensure project deployment and long-term maintenance. Arbitrum has set up a private setting for the proposal, and the final results can only be viewed at the end of the vote.

friend.tech posted on X that the Admin and ownership parameters have been set to 0x000...000 to prevent any future changes to its fees or functionality. This change will not affect standalone web clients running on friend.tech, which will continue to operate normally. Currently, no fees from smart contracts or friend.tech go to the friend.tech development team multisig.

According to @ai_9684xtpa, the whale that participated in Ethereum IC0 deposited 498 ETH to OKX again 9 hours ago, worth $1.14 million. In the past 2 months, the whale has transferred a total of 49,461 ETH to CEX, with a total value of $156 million, and an average recharge price of $3,160; the current shipping wallet still holds 14,145 ETH, worth about $32.34 million.

Data from Ethena's official website shows that as of September 7, the supply of USDe has dropped to 2.69 billion, a decrease of about 25.5% from the high of 3.61 billion in early July. In addition, the reserve fund of the stablecoin protocol Ethena is temporarily maintained at US$46.61 million.

According to Odaily, on-chain analyst Yujin has reported that the whale investor known as nemorino.eth has purchased 10,954 ETH within a span of nine hours, with an average price of $2,282 per ETH. This acquisition follows a previous transaction on September 6, where the same investor sold 18,650 ETH at $2,311 each.

A new report from Bitcoin technology and financial services firm River predicts that some U.S. companies will increase their investments in Bitcoin (BTC) over the next 18 months.

According to on-chain analyst Yu Jin, the whale nemorino.eth bought another 10,954 ETH in 9 hours at an average price of $2,282. Previously, the whale sold 18,650 ETH at $2,311 on September 6.

According to BlockBeats, U.S. Treasury Secretary Janet Yellen has stated that the American economy is in good condition. Speaking on September 8, Yellen highlighted that recent employment data, which has shown a cooling trend over the past few months, indicates that the economy is heading towards a soft landing rather than a recession. She emphasized that there have been no significant layoffs and described the economic situation as a 'deep recovery.'

According to Odaily, U.S. Treasury Secretary Janet Yellen has stated that the American economy is in good condition. Recent employment data, which has shown a cooling trend over the past few months, indicates that the economy is experiencing a soft landing rather than heading into a recession. Yellen emphasized that there have been no significant layoffs and described the economy as being in a state of 'deep recovery.'

Arris, a comprehensive airdrop task platform, announced the completion of a new round of strategic financing, with participation from K24 Ventures, CGV FoF, DMAIL.AI, and Alco Holdings. The specific financing amount and valuation information have not yet been disclosed. The new funds will be used to support its airdrop protocol optimization and simplification of Web3 chain interactions. In addition, Arris is reported to expand its Arris AI and optimize airdrop interaction returns through the OiEarn model to provide points rewards to users who increase transaction volume.

According to Cointelegraph, the United States Commodity Futures Trading Commission (CFTC) has urgently filed an emergency motion to prevent Kalshi, a US prediction market, from offering election betting contracts. This action follows a judge's decision to overturn a previous order that halted Kalshi’s election markets. In a court filing dated September 6, the CFTC requested an “emergency stay” of the court’s decision that overturned its order prohibiting Kalshi from listing its election contracts for trading. The regulator argued that without the court’s detailed reasoning, it cannot make an informed decision on whether to appeal or fully brief a motion for a stay pending any forthcoming appeal. The CFTC emphasized the urgency of the matter, stating that Kalshi is expected to immediately list the relevant election contracts and begin trading as soon as they are listed. The regulator supported its request by noting that Kalshi had already announced on its homepage that “Election Markets are Coming to Kalshi!” The filing coincides with Judge Jia Cobb of the US District Court for the District of Columbia ruling in favor of Kalshi, allowing the platform to offer products that enable people to bet on the outcome of the US election on November 4. Following the ruling, Kalshi published an announcement on its website. Jake Chervinsky, chief legal officer at Variant Fund, commented on the ruling in a September 7 post, describing it as a “HUGE win” for Kalshi. However, he also expressed a desire to see the judicial opinion before making further comments. Chervinsky suggested that the best way to address regulatory overreach is to file more lawsuits. The CFTC initially submitted the order in September 2023, arguing that the contracts involve gaming and activities that are unlawful under state law and contrary to the public interest.

This round of financing will mainly be used for the product development and marketing of Web3+AI-driven iNFT: TANG (Tang), and to layout the research and development of iNFT (intelligence NFT) technology driven by AI big models.

This week, 17 blockchain startups raised a total of $78.9 million in funding. Three projects received pre-seed and seed round investments, and 13 projects received other rounds of financing.

Golden Finance launched the 2439th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

Interest rate cut, market, crypto market, is the bear market coming or the beginning of the bull market? Is it a normal wash before the interest rate cut? Golden Finance, the wash before the interest rate cut is a good thing.

Through the threshold signature scheme, DingPay can protect the security of users' private keys while reducing the risks caused by loss or leakage of private keys.

NEAR is hovering around the key $3.5 support level. Bulls need to break through the key EMA to avoid further decline to $2.6. At present, the subsequent liquidity improvement is still unknown. The current priority is to survive.

If my understanding is not too far off, I think that Forked Bitcoin is somewhat similar to a sidechain, and is not particularly different from other Bitcoin second-layer extensions in terms of security.

Amid intense criticism of the Ethereum blockchain and its poor performance this year, VanEck head of digital assets Matthew Sigel has come to the defense of the network, citing its strong economic model.