A trader shorted ETH with high leverage, resulting in a floating loss of over $2.6 million

Both agencies are moving forward "in lockstep" on similar efforts to open the policy gates to crypto businesses, which Atkins told reporters is the "top priority."

[The Four Major Leaders of the U.S. Congress Are Preparing to Hold a High-Stakes Meeting at the White House Regarding the Risk of Government Shutdown] BlockBeats News, September 30, the four major leaders of the U.S. Congress are preparing to hold a high-stakes meeting at the White House regarding the risk of government shutdown. The meeting is scheduled for 3 PM Eastern Time (early morning Beijing Time). (Jin10)

[Wisconsin Introduces Bitcoin Rights Bill AB471] September 30 news, the U.S. state of Wisconsin has introduced Bill AB471, aimed at exempting individuals and businesses from the requirement to obtain a money transmission license for activities such as accepting payments, using self-custody wallets, running nodes, developing software, and staking.

[BlackRock IBIT Becomes the World's Largest Bitcoin Options Trading Platform] On September 30, according to Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Deribit to become the world's largest Bitcoin options trading venue. After last Friday's contract expiration, IBIT-related options open interest reached $38 billion, exceeding Deribit's $32 billion. Deribit has dominated the market since its establishment in 2016, and this shift marks a significant move of the digital asset trading focus toward Wall Street.

[Flying Tulip Completes $200 Million Financing at a $1 Billion Valuation] On September 30, Andre Cronje's new crypto project Flying Tulip completed a $200 million seed round financing at a $1 billion valuation. Investors include DWF Labs, Brevan Howard Digital, and others. This round of financing utilized a SAFT structure, aiming to build an on-chain trading platform covering the DeFi sector. The project introduces an 'on-chain redemption right,' allowing investors to destroy FT tokens at any time to redeem their initial assets. The redemption process is managed by smart contracts with protective mechanisms in place. FT tokens cannot be transferred before the public offering is completed, and team members have no initial token allocation.