WLFI blacklists 272 addresses; Bitwise Avalanche ETF registered

Headlines

▌Galaxy Researcher: WLFI Blacklisted 272 Addresses in the Past Week

Galaxy researcher Zack posted on social media that WLFI blacklisted 272 addresses in the past week, and on-chain records show that some of these addresses were blacklisted in bulk.

▌Bitwise Avalanche ETF Has Been Registered in Delaware

According to market news, the Bitwise Avalanche ETF has been registered in Delaware, USA.

Market

As of press time, according to CoinGecko data:

BTC price is $110,756, up or down -0.5% in 24 hours;

ETH price is $4,309.84, up or down -0.3% in 24 hours;

BNB price is $853.34, up or down +0.8% in 24 hours;

-0.1%;

DOGE price is $0.2171, with a 24-hour increase or decrease of +1.1%;

XRP price is $2.81, with a 24-hour increase or decrease of +1.1%;

TRX price is $0.3309, with a 24-hour increase or decrease of -1.4%;

U.S. Treasury Secretary Bessant: Not interested in the position of Federal Reserve Chairman

U.S. Treasury Secretary Bessant: Not interested in the position of Federal Reserve Chairman.

U.S. Senate Banking Committee draft excludes staking, airdrops and Decentralized Physical Infrastructure Networks (DePIN) from securities laws

The draft market structure bill drafted by the U.S. Senate Banking Committee excludes staking, airdrops and decentralized physical infrastructure networks (DePIN) from the scope of securities laws.

Trump: The conflict in Ukraine must end, otherwise there will be a heavy price

U.S. President Trump: The conflict in Ukraine must end, otherwise there will be a heavy price. The Federal Reserve released its preliminary FOMC meeting schedule for January 2028 on Friday. The Federal Reserve maintains its eight-meeting schedule for 2027 and 2028. The 2027 meeting dates are as follows: January 26-27, March 16-17, April 27-28, June 8-9, July 27-28, September 14-15, October 26-27, and December 7-8. The 2028 meeting is scheduled for January 25-26. Variant Fund Chief Legal Officer Jake Chervinsky stated that despite the recent emergence of enterprise-controlled Layer 1 (L1) networks, decentralized public chains remain the regulatory standard for product development. Chervinsky noted on the social media platform X that the new Layer 1s built by many companies for specific product reasons are "unnecessary" and "unhelpful" from a regulatory perspective. He emphasized that no US regulator currently requires permissioned validator sets or built-in compliance tools, and Congress is not seriously considering such legislation. Fundamental Global, an Ethereum treasury company, announced that its revised articles of incorporation have taken effect: name change and increase in the number of publicly outstanding shares have been completed. Fundamental Global Inc., a Nasdaq-listed Ethereum treasury company, announced that the certificate of amendment to its amended and restated articles of incorporation has been declared effective by the Nevada Secretary of State, meaning its corporate name will be officially changed to "FG Nexus Inc.". In addition, according to the amendment, the number of publicly outstanding common shares of the company will increase from 1.3 million to 35.4 million shares to support its continued increase in ETH holdings. Trump Media Completes Acquisition of 684 Million Cronos (CRO) Tokens, Valued at Approximately $178 Million On September 5, 2025, Trump Media & Technology Group (DJT) announced the completion of a transaction with Crypto.com to acquire 684.4 million Cronos (CRO) tokens at approximately $0.15 per token in a 50% cash and 50% stock exchange, representing approximately $178 million and representing approximately 2% of the circulating supply of CRO. This partnership will integrate CRO into the rewards system of the Truth Social and Truth+ platforms, with institutional-grade custody provided by Crypto.com. Previously, Trump Media established the Trump Media Group CRO Strategy, which plans to create a CRO-centric digital asset treasury through a merger with Yorkville Acquisition Corp.

Robinhood will be included in the S&P 500 index, and its stock price rose by more than 7% after the market closed.

Robinhood (HOOD.O) rose by more than 7% after the market closed, and the company will be included in the S&P 500 index.

Coinbase International Station added 9 new assets as perpetual contract collateral

According to a statement issued by Coinbase International Exchange, 9 new assets including PEPE, PUMP, and FARTCOIN can now be used as collateral for perpetual futures trading on Coinbase International Exchange and Coinbase Advanced, enhancing the flexibility of user position management.

Important Economic Developments

▌Federal Reserve Bank's Goolsbee: Need to examine CPI data before deciding on interest rate policy

Chicago Fed President Goolsbee said he has not yet decided on what policy action to support at the Fed's meeting on September 16-17, emphasizing the need to refer to inflation data to be released next week. "I'm hoping for more information. I'm keeping an open mind going into the meeting," Goolsbee said in an interview on Friday. "We've also got to watch what happens on the inflation front." "The more dovish the inflation data, the more comfortable I'll be focusing on the labor market," Goolsbee said. "But recent inflation reports have shown a rebound in prices in the services sector, so we need to make sure this is just a temporary blip and not a sign of something more serious." The Federal Reserve's overnight reverse repurchase agreements (RRP) were used for $20.997 billion on Friday, compared with $20.128 billion in the previous trading day. US jobs data reinforces expectations of a rate cut, pushing spot gold above $3,600 for the first time. The latest US non-farm payroll data is likely to seal the deal on a rate cut at the Federal Reserve's next meeting in two weeks. Gold prices continued to rise, with spot gold surpassing $3,600 an ounce. Data released by the US Department of Labor on Friday showed 22,000 new jobs added in August, below economists' expectations of 75,000. "Gold prices have finally broken through the upper limit of their multi-month trading range," said Barbara Lambrecht, an analyst at Commerzbank Research Institute. Concerns about the Federal Reserve's independence and safe-haven demand driven by escalating geopolitical risks are also fueling this rally. Following a 27% gain in 2024, gold has surged over 37% so far this year, driven primarily by a weaker dollar, central bank gold purchases, a looser monetary policy environment, and heightened geopolitical and economic uncertainty. Independent metals trader Tai Wong said: "Gold has reached a new high, and bulls are watching whether the clearly weak employment trend will translate into multiple interest rate cuts. In the short and even medium term, labor market concerns are outweighing inflation concerns, and the outlook for gold is undoubtedly bullish. However, unless there is a major market dislocation, I believe gold prices will still be far from $4,000."

Spot Gold Rises to $3,600, Setting a New All-Time High

Spot gold rose 1.5% to a high of $3,600.15 per ounce, setting a new all-time high. So far this year, spot gold has risen $976, or 37%.

Golden Encyclopedia

What is a rug pull in cryptocurrency? How can you identify it? A "rug pull" occurs when a team or developer withdraws support for a project, leaving investors with worthless tokens. Crypto scams are common in decentralized finance (DeFi), where there are no regulations governing project operations. An individual or group of developers creates excitement around a crypto project to attract traders. As excitement builds, many invest by purchasing tokens or minting non-fungible tokens (NFTs). Then, the developers suddenly dump their holdings and disappear, shocking investors and leaving them empty-handed. The project's abrupt end causes its token price to plummet, and investors lose most of their money. However, understanding blockchain "rug pulls" allows you to identify red flags early on. If you know the signs of a cryptocurrency "rug pull," you can spot a potential scam before it's too late. From examining the project team to analyzing token economics and community engagement, here are the key steps to spot red flags and make informed investment decisions: 1. Unknown or unconfirmed developers; 2. Lack of locked liquidity; 3. Sell order restrictions; 4. Limited number of token holders and volatile price fluctuations; 5. Suspiciously high returns; 6. No external audits. Imagine a crowded market with stallholders selling a variety of goods. A "carpet scam" resembles an impressive stall with the promise of valuable items to attract buyers. The stallholder takes advance reservations for these items at a high price. Just as the market is bustling, the stallholder suddenly disappears, leaving behind an empty stall and worthless reservation receipts. In the context of cryptocurrency, stallholders can commit this fraud in a variety of ways. One method is for fraudulent developers to introduce hidden vulnerabilities in smart contracts to control the native token or steal cryptocurrency from investors. Second, developers can use a technique called dumping. Third, scammers may implement a "carpet scam" by restricting sell orders.