On the first day of the launch of Arc mainnet, there were 7.76 million transactions and nearly 1 billion US dollars in USDC transfers

Two whale addresses withdrew a total of 5,195 ETH from Gemini and Binance, with a total value of approximately $12.96 million. Of this, 2,695 ETH withdrawn from Gemini has been fully staked, while another address withdrew 2,500 ETH from Binance.

[Japanese Liberal Democratic Party Legislators to Discuss Prediction Market Regulation, Focusing on Gambling-Related Laws] The Japanese Liberal Democratic Party legislators' group, the 'Advanced Digital Finance Alliance,' plans to include prediction markets as a discussion topic to study their legal status and regulatory approach in Japan. Current Japanese laws do not explicitly address prediction markets, and related activities may fall under gambling offenses as defined in the Penal Code. The group intends to gather opinions from major companies in the U.S. and Japan to address issues such as market access, compliance, and institutional development. Executives from Kalshi and Polymarket are scheduled to visit Japan in the near future. (Source: NADA NEWS)

[Manus Plans $500 Million Financing, Valuation Expected to Rise to $4 Billion] Chinese artificial intelligence startup Manus is advancing a $500 million financing deal, which is nearing completion. After the financing, its valuation is expected to rise to $4 billion. Tencent Holdings, Sequoia China (HSG), and ZhenFund are existing investors. Relevant negotiations are still ongoing (Source: Bloomberg).

[Jeremy Allaire: Arc Launch Drives Growth in cirBTC Demand, x402 Facilitator Service Goes Live Simultaneously] Circle co-founder and CEO Jeremy Allaire stated that with the launch of Arc, demand for cirBTC has increased. Circle Mint customers can natively mint and redeem cirBTC within the app, while the Circle x402 Facilitator service has also gone live on Arc, supporting related processing services on Base and Polygon PoS.

Arthur Hayes said on the X platform that interest rate hikes have a stimulating effect when the government debt level is high, and the increase of bank reserve income and short-term treasury bond bond income will promote the consumption of financial assets. Although the Federal Reserve stopped RMP purchases in mid August, the total assets of the Federal Reserve and banks continue to grow and create money, taking into account the expansion of bank balance sheets. As the quantity of currency increases, the prices of financial assets will continue to rise.