An address liquidated its long positions in ZEC, accumulating a profit of approximately $21.9 million.

Artificial intelligence reasoning company Baseten has launched a new $2 billion funding round, valuing the company at up to $30 billion, with Sands Capital expected to lead the investment. Founded in 2019, Baseten raised $1.5 billion in June at a valuation of $13 billion, while competitor Fireworks AI raised $1.5 billion in July at a valuation of $17.5 billion. Nvidia invested $150 million in Baseten in January. (Source: Bloomberg)

The Supreme People's Procuratorate disclosed that Wang and others defrauded Xiao of 1.2 million yuan under the guise of purchasing U-coins. The procuratorate has filed a public prosecution against Wang and others for fraud. During the trial, the prosecutor pointed out that virtual currency trading is an illegal financial activity explicitly prohibited by the state and does not fall within the scope of the crime of contract fraud. (Source: Supreme People's Procuratorate)

Iole, a company listed on the Tokyo Stock Exchange's Growth Market, will sell all of its 151.21 bitcoins, with the proceeds going towards AI data centers, AI computing power provision, and its Neo Cloud business. The company plans to complete the sale through cryptocurrency exchanges between October 30th and the end of November, expecting a loss of approximately 254 million yen. Iole will continue to hold its Hyperliquid tokens (HYPE) since July 2026. (Source: Coinpost)

U.S. Senator Cynthia Loomis stated that the CLARITY Act would include Binance as a covered digital asset servicer. The bill retains the effectiveness of existing financial and sanctions laws, providing better tools and faster action. In response to questions from Amanda Fisher, Director of Policy at Better Markets, regarding the bill's effectiveness, Loomis stated that Better Markets' party voted against it. The bill has passed the House of Representatives, but failed to pass the Senate procedural vote on September 15th by a vote of 49 to 50 and is currently stalled.

Flap's official website and flash have been subjected to DNS hijacking and redirected to unauthorized sites. Flap is advising users to temporarily refrain from visiting the official website, connecting wallets, or performing any signing operations. The team is working on restoring the website.