USDC Treasury issues 250 million USDCs on Solana Chain (UTC+8 08:23:40).

Core PCE in the United States rose 0.2% month on month and 3.0% year-on-year in August, lower than the Wall Street Journal's forecast of 3.3%; Overall inflation increased by 0.3% month on month and 3.4% year-on-year. Bitcoin briefly broke through $85000 before falling back; The yield of the US 10-year treasury bond bond fell to about 5.20% at one time and then rose to about 5.28%. (Source: Bitcoin News)

Cryptocurrency custodian Anchorage Digital announced a 17% layoff of its employees.

Solana Ecological Perpetual Contract Exchange Velocity has opened the application for compensation for the theft incident in April. Users can receive 1 DFX token for every 1 USDT loss, and the current redemption rate is 0.0104 USDT per DFX, which is approximately 1% of the loss. At present, the compensation pool size is about 3.11 million USDT, and the total supply of DFX is about 299.5 million pieces, with no further issuance. The Velocity Foundation stated that the compensation pool will continue to be injected with agreement revenue, and Tether has promised to provide up to 127.5 million USDT to support restarts and user compensation. The deadline for application is January 1, 2028. Velocity was attacked in April, resulting in a loss of approximately $295.4 million. (Source: The Block)

Grayscale stated that AI based cryptocurrency assets rose 54% in September, outperforming the overall cryptocurrency market growth of 24%, with NEAR rising 183%.