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2026-09-09

  • First Digital has reached a partnership with South Korea's ITCEN, aiming to connect the gold RWA asset KGLD

    First Digital has signed a strategic cooperation memorandum of understanding (MOU) with South Korea-listed ITCEN Group, aiming to build an on-chain financial infrastructure connecting the Korean RWA market with global liquidity. The two parties will link the USD stablecoin FDUSD with KGLD, a digital asset backed by physical gold and built using LayerZero OFT standards under ITCEN's umbrella, providing compliant access channels for overseas investors. ITCEN plans to tokenize 50 tons of gold within the next five years (approximately 10 trillion won, about $7.2 billion). The collaboration will also explore enterprise settlement use cases for FDUSD, while advancing asset tokenization through AI-powered payment layer Prism and the financial ecosystem Finance District. First Digital plans to establish a branch in South Korea by Q4 2026, participating in the local stablecoin regulatory process.

  • Alby Hub old versions have critical vulnerability, publicly exposed management API could lead to fund transfer

    Bitcoin News posted on X platform that Alby has confirmed a critical vulnerability in Alby Hub v1.7.0 through v1.18.5. If the management API is exposed to the public internet, attackers could gain unauthorized access and transfer funds. Currently, 1 user is known to be affected, and Alby Hub v1.19.0 and later versions are not affected. Alby recommends affected users restrict public access to the management interface, update to v1.24.0 immediately, and change their unlock password after updating. Multiple issues reported by Bitcoin Team Red, Project Loupe, and other researchers have also been fixed in the latest version.

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  • LIT short position worth $6.0431 million is only 2.59% away from liquidation, while a whale still holds 1.1386 million LIT

    The continued rise of LIT is squeezing short sellers. A whale has gradually closed approximately $3.6652 million worth of short positions, realizing a loss of $622,600, with the remaining position still close to the liquidation price. The whale has initiated a 5-hour TWAP buy order, planning to buy back 969,900 LIT. Before starting, the whale held a short position of 1.8422 million LIT; as of press time, 703,600 LIT have been bought back, completing 72.55% of the plan. Currently, the whale holds a short position of 1.1386 million LIT with 4x isolated leverage, valued at approximately $6.0431 million, with an average opening price of $4.324 and an unrealized loss of approximately $1.119 million. During the same period, LIT was trading at $5.30, approximately $0.1373 or 2.59% away from its liquidation price of $5.4450. The TWAP is still being executed, with 266,300 LIT remaining to be bought back, originally scheduled to end around 17:16 today; subsequent position reductions or margin adjustments may alter the liquidation price.

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  • BitMart: Appoints Alvarez & Marsal as Financial Advisor to Evaluate Orderly Withdrawals and Potential Business Restart Plans

    BitMart announced on the X platform that it has decided to appoint Alvarez & Marsal (A&M) as its financial advisor to assist the company and its legal counsel in assessing BitMart's financial condition, stakeholder matters, and orderly withdrawal arrangements, as well as to study potential orderly business restart plans and other proposals put forward by third parties.

    BitMart stated that it will publish a dedicated user feedback website within 5 business days, and plans to gradually disclose specifics regarding user feedback channels, opinion collection mechanisms, and action plans within 3 weeks. In addition, BitMart will appoint an independent third party in the short term to supervise the company's operations and asset custody during this period.

    Previously, BitMart had issued an "Announcement on Potential Restructuring and Business Recovery Plans," indicating its intention to gradually resume part of its business operations in phases, with the next update to be released no later than September 9.


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  • LIT's largest short position with 3x leverage sees floating loss exceed $10 million; still holds 2.528 million LIT

    As LIT broke through $5.2 and continued to hit new highs, an address on Hyperliquid became the largest short position on LIT, with its 3x leveraged short position's floating loss expanding to $10.028 million. The address still holds a short position of 2.528 million LIT, with an overall floating loss of approximately $10.098 million and a return rate of approximately -158%.

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  • Holding 34.9 million USELESS for over 9 months, jew.sol has turned from a loss of over $5 million to an unrealized profit of over $5 million

    jew.sol (FZay...K4g) has held 34.9 million USELESS for over 9 months. From September to October 2025, jew.sol spent $6.4 million to buy 34.9 million USELESS, with an average purchase price of $0.1833. At one point, it incurred losses exceeding $5 million, but now that USELESS has risen in value, its unrealized profit exceeds $5 million.

  • CZ: A National Crypto Reserve Should Be Over 50% Bitcoin and 10-20% Ethereum

    In a Bitcoin Asia fireside chat published by Bitcoin Magazine on Aug. 28, 2026, Binance founder CZ proposed that countries allocating crypto reserves take the top five cryptocurrencies by market cap and allocate strictly by market cap, leaving Bitcoin at 50-something percent and Ethereum at 10-20%.

    The real reason not to go all-in on Bitcoin, he argued, is not a lack of confidence in it but that an industry with only Bitcoin would grow much slower, and other blockchains' innovation actually helps Bitcoin grow. Bitcoin will likely serve as the global reserve currency for a very long time, CZ said.

  • OpenAI Astra sees unprecedented demand, may suspend new Pro subscriptions

    Tibo (Thibault Sottiaux), head of OpenAI Codex and ChatGPT, posted on X that demand for the GPT-6 Astra model is "unprecedented," and the company is mobilizing all resources to maintain supply, a situation never experienced before. He stated that the company will always prioritize protecting the user experience of existing users, and if demand growth continues, it may have to pause new Pro subscriptions for a period of time.
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  • 2025 saw a record-breaking 4,059 addresses frozen for stablecoin funds, surpassing the combined total of the previous four years, with total frozen funds exceeding $1.123 billion

    According to Odaily, in 2025, the number of addresses frozen by stablecoin issuers Tether and Circle reached an all-time high of 4,059, exceeding the four-year cumulative total of 3,199. Of these, 653 Ethereum addresses were frozen, while 3,406 Tron addresses were frozen—nearly all executed by Tether. The corresponding frozen amounts stood at 1.1 billion USDT and 23 million USDC, respectively.

  • On-chain enforcement in action: Frozen funds on new coin guarantee climb past $45 million, with scope expanding to related business addresses

    - The latest reports indicate that, according to real-time monitoring by security firm Bitrace, USDT issuer Tether has frozen 50 blockchain addresses in a single move, including 22 business addresses belonging to Xinbi Guarantee—a leading illegal cryptocurrency transaction guarantee platform in Southeast Asia—with the total amount locked reaching as high as $45 million.

    According to Bitrace's investigation, the primary targets of this freezing action are Xinbi Guarantee's recent business addresses (including pledge-in addresses, relay addresses, and pledge-out addresses), the withdrawal hot wallet addresses of Xpay, an illegal payment tool under Xinbi Guarantee, as well as third-party illegal entities that maintain close financial flows with Xinbi Guarantee. At least 22 business addresses under the Xinbi group, holding over $45 million, have been hit by this on-chain enforcement.

    It is noted that the fundamental difference between this on-chain enforcement and the previous freezing of a single address linked to North Korean hackers via Huiwang Payment is that other related business addresses have also been included. Targeting Xinbi Guarantee itself, the freezing first affected business addresses that recently held operational funds, followed by the withdrawal hot wallets of its payment tool, and finally the addresses of certain partner merchants.

    Bitrace also stated that, as of September 9, 2026, the on-chain enforcement activities by unidentified law enforcement agencies are still ongoing. After Xinbi Guarantee's addresses were frozen on the 8th, temporarily activated business addresses were also frozen that same evening, with an interval of less than 12 hours, indicating that on-chain enforcement continues.

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  • World Platinum Investment Council: Platinum market expected to shift to a slight surplus this year

    According to the latest quarterly report from the World Platinum Investment Council (WPIC), the global platinum market is expected to face a surplus of 265 thousand ounces in 2026, compared to a previously projected deficit of 297 thousand ounces, primarily due to a downward revision of annual investment demand by 601 thousand ounces. In the second quarter, platinum supply reached 1.906 million ounces, while demand amounted to 1.663 million ounces, resulting in a surplus of 244 thousand ounces. Affected by factors such as large-scale investor sell-offs, the platinum market, which had experienced three consecutive years of shortage, is now expected to shift to a surplus this year. At the beginning of this year, precious metals were caught up in an investment frenzy, pushing platinum to an all-time high near $3,000 per ounce. Subsequently, this upward trend reversed sharply, with platinum prices now down more than one-third from their January peak. The WPIC currently forecasts a surplus of 8.2 tonnes in 2026, whereas earlier this year a deficit of 9.2 tonnes was anticipated.
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  • Grayscale Zcash ETF Asset Scale Exceeds $500 Million, Holds Over 550,000 ZEC

    PANews, September 9 — According to CoinDesk, Grayscale’s Zcash spot ETF (ZCSH) has seen its assets under management exceed $500 million within two weeks of launch, currently holding over 550,000 ZEC, accounting for approximately 3% of its total circulating supply of 16.9 million. Since its listing on August 25, the fund has attracted over $70 million in inflows, in addition to a $100 million investment from DCG International Investments. Driven by this, ZEC briefly broke through $1,180 intraday, gaining over 4%, with a 24-hour trading volume of approximately $1 billion, and its market cap rose to tenth place among cryptocurrencies.

  • Planet Noon News

    1. Analysis: Jump Trading's cumulative trading volume on Hyperliquid is nearly $150 billion, accounting for 7.8% of the platform's perpetual trading volume; 2. Estimated profit of $77.15 million; Multicoin Capital suspected of selling 1.725 million HYPE; 3. Solana co-founder: Looking forward to Jupiter enabling on-chain trading from NVDA through Fartcoin to SPCX; 4. Profit of $12.94 million; a whale sold 329.1 BTC over the past 3 months and transferred 209.1 BTC to Binance; 5. Tether froze approximately $39.3 million USDT in 10 addresses related to Xinbi Guarantee; 6. Institutions: The market is closely watching the size of the U.S. Treasury buyback plan, as Wall Street weighs risks; 7. Polkadot plans to launch a native stablecoin dotUSD, with initial funding of $5 million; 8. A whale that previously liquidated 50,000 ETH has re-emerged after 8 months, buying 179.8 BTC.
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  • X Layer DeFi TVL Hits All-Time High, Surpassing $232 Million

    According to official sources, X Layer's total value locked (TVL) in DeFi has reached an all-time high of $232 million. Star, Founder and CEO of OKX, stated in a post on X that TVL itself is not the ultimate goal — what matters more is that lending, stablecoins, RWA, the yield market, and on-chain capital markets are becoming increasingly interconnected and mutually reinforcing on X Layer.

    It is reported that X Layer is continuously enhancing its DeFi and RWA infrastructure to drive the growth of more real-world assets, on-chain liquidity, and financial applications within the ecosystem.

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  • Iran turns to cryptocurrency to circumvent international sanctions

    Iran is increasing its use of cryptocurrencies to bypass international sanctions and restrictions imposed by the traditional financial system. Amid blocked cross-border fund flows, digital assets are being used as an alternative channel for acquiring foreign exchange and conducting international settlements.
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  • Approximately $10 Billion in Cryptocurrency Flows Through Iran, Enterprises Implicitly Permitted to Use USDT and Bitcoin for Cross-Border Transactions

    Iran is gradually relaxing foreign exchange controls and has implicitly permitted enterprises to use Tether (USDT) and Bitcoin for cross-border transactions. Sources say that in recent months, the Central Bank of Iran has encouraged businesses to repatriate overseas funds through local cryptocurrency exchanges and other channels. Enterprises can also exchange foreign currency on the open market and use export revenues directly for importing goods. A corporate executive close to the Iranian regime stated that the central bank is currently not inquiring about the methods of fund transfers, and it has become the norm to receive export payments in cryptocurrency. Data shows that in 2025, approximately $10 billion worth of cryptocurrency flowed through Iran. Blockchain analytics firm Elliptic estimates that Iran accounts for about 4.5% of global Bitcoin mining activity. Iran still has over $100 billion in undeclared overseas and domestic earnings, with more than 20,000 individuals and enterprises failing to fulfill repatriation obligations for roughly €94 billion in export revenues. Tether previously froze approximately $344 million in wallet assets linked to the Central Bank of Iran. The U.S. Treasury Department has also warned that conducting digital asset transactions with Iran may carry sanctions risks.