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The Watchdog Committee of the Arbitrum ecosystem (composed of Entropy Advisors and others) submitted a proposal to the governance forum on September 3, requesting a permanent ban on the projects Good Entry, Limitless, and APX Finance, as well as their founders, prohibiting their participation in all future ArbitrumDAO initiatives. The committee determined that these three projects engaged in grant abuse within the STIP and LTIPP incentive programs, involving a total amount of 457,553 ARB (approximately $76,000).Specifically, Good Entry received 200,000 ARB in the first round of STIP, of which 142,839 ARB flowed to 1,032 ineligible users, and there is evidence of self-farming by associated addresses, with the team refusing to cooperate with the investigation; Limitless exchanged all 75,000 ARB for USDC and cross-chain to Base, being classified as suspected theft; APX Finance was approved for 525,000 ARB, of which 239,714 ARB involved issues related to funds being held in the treasury, delayed distribution, and witch cluster problems. APX later merged with Astherus and rebranded as Aster, with approximately 70% of its assets located on the BNB Chain.According to the proposal, the three projects may defend themselves in the forum post before September 10. If the explanations are not accepted and the funds are not returned, the committee will initiate three separate Snapshot votes to decide whether to permanently ban the relevant projects and founders.

Coinbase announced that it has collaborated with Stanford University cryptography professor Dan Boneh and Localhost Research to hold a closed-door "Post-Quantum Bitcoin Workshop" at Stanford University, gathering Bitcoin developers, cryptography experts, researchers, institutional custodians, and hardware wallet specialists to discuss the technologies and migration plans for Bitcoin to address future quantum computing threats.The workshop focused on assessing the progress of quantum computing, post-quantum cryptography, and various post-quantum signature schemes applicable to Bitcoin, as well as discussing Ethereum's anti-quantum planning, the practical requirements faced by institutional custody businesses, and how to introduce post-quantum security mechanisms for Bitcoin through new output types. Participants believed that rather than predicting when quantum computing will pose a real threat to existing cryptographic systems, it is more important to establish well-tested response plans in advance.Quantum computing does not currently pose an urgent crisis, but the earlier research and coordination begin, the better we can avoid hasty network upgrades and asset migrations under pressure in the future. However, there is currently no consensus on a single post-quantum solution. Different solutions involve trade-offs in terms of security, transaction data size, hardware performance, key management, and the difficulty of user migration. Participants felt that Bitcoin's anti-quantum measures cannot rely solely on protocol layer upgrades, but must also consider how individual users, institutional custodians, wallets, and hardware devices generate, store, back up, and migrate keys and assets.

According to CNBC, Robinhood CEO Vlad Tenev responded to AMC CEO Adam Aron's criticism of the stock token business, stating that after a company goes public, its stocks will become transferable property, and other financial institutions should be able to create financial products referencing the relevant stocks without needing the issuer's permission.Tenev stated that publicly traded companies have the right to control their own rights and obligations regarding the issuance of stocks, but cannot control other companies issuing securities that reference their stocks. Robinhood's stock tokens are issued by independent entities and are backed by the underlying stocks, so obtaining the consent of the publicly traded company should not be automatically required.Tenev also acknowledged that holders of stock tokens do not have voting rights in the underlying company. These tokens are designed as debt securities supported by the underlying stocks. As for how Robinhood will exercise the voting rights associated with the underlying stocks, the company has stated that it has not announced any related plans.

Liquid Network has released the latest update stating that the emergency version Elements v23.3.4 is now online. Functionary nodes have immediately begun upgrading and all Liquid node operators are advised to synchronize updates. This version addresses the previously discovered Proof verification cache vulnerability and strengthens the cache keys used for Range Proof.Regarding network recovery, Blockstream states that it is still formulating a recovery plan, which is expected to proceed in three phases: restoring block production while continuing to suspend Peg operations; replaying verified valid transactions; and restoring Peg operations after the network status is fully restored and funds are confirmed to be returned. Currently, the first two phases are being tested in parallel, and any phase will only advance once safety is confirmed. Liquid Network indicates that Elements v23.3.4 has completed multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams.At the same time, Liquid Network reminds users to be vigilant against fraudulent upgrade websites exploiting this incident. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or recovery phrases.

According to Hyperbot data, trader Based16z has just closed 7,650 VVV long positions, worth approximately $200,000, and currently still holds 83,290 VVV long positions, worth approximately $2.2 million.Data shows that this trader has realized and floating profits totaling over $600,000 in less than 24 hours.

The re-staking protocol Renzo Protocol announced its name change to Renzo Finance and launched its first on-chain structured yield product Renzo Basis, which will go live on Hyperliquid, initially supporting BTC and HYPE. Lucas Kozinski, founder of Renzo Labs, stated that basis trading earns funding rate income by simultaneously holding a spot long and a perpetual contract short. Since the long and short positions hedge each other, asset price fluctuations do not affect the yield, and users earn the fees paid by perpetual traders every hour.Renzo stated that the product achieves automation through a triple protection mechanism, including hedge protection, yield protection, and safety buffer. Currently, the product does not use AI automation but instead conducts trading and strategy monitoring through Hyperliquid's proxy wallet (API wallet) with user authorization, without holding user funds. The relevant protection parameters can be customized by users. Renzo emphasized that its product differs from competitors such as Ethena and Bitwise's Superstate in that it is fully on-chain, self-custodied, and allows depositors to choose their own assets, trading venues, and risk parameters.Renzo Basis plans to support all assets on Hyperliquid that have both spot and perpetual markets and expand to other DeFi platforms, with the next stop being Lighter on Robinhood, where on-chain stock perpetual basis trading will be introduced.

According to on-chain analyst @ai_9684xtpa's monitoring, 40 minutes ago, two newly created wallets received airdrop contracts for 4,276 LAPTOPs from Hunter Biden's Substack subscribers, then sold them for approximately $404,000 and $243,000 respectively, totaling a profit of over $647,000.On-chain data shows that there is an ETH transfer association between the two addresses. Among them, the address 0x8DA...4A18d has transferred the proceeds from the sale in USDC to the public tagged address of Safe architect FloB (@FloB_Safe).

Crypto KOL Rune posted that during the process of claiming the LAPTOP airdrop, a newly created wallet with direct fund transfers appeared. The new wallet 0x8DA...A18d claimed 4276 LAPTOP for free, then sold them and obtained about 400,000 USD.Subsequently, this wallet transferred 0.02 ETH to another newly created wallet 0xc27...b591. The latter also claimed 4276 LAPTOP for free and sold them immediately; due to the price drop since the previous address sold, this transaction only yielded about 200,000 USD.Rune described that the on-chain activities related to LAPTOP are becoming "strange," but it has not confirmed whether the two wallets are controlled by the same entity.

According to official news, the AGENT economic project Agentum has completed a $7 million financing round, with participation from MEXC Ventures, BingX Labs, Arca, Wave Digital Assets, BlockTower Capital, Echo3 Labs, Greenwood Global Capital, UZ Capital, and Vega Ventures.The funds from this round will mainly be used to accelerate the construction of the trust and settlement layer for the autonomous Agent economy, with Agentum deployed on the BNB Chain. The BSC testnet has registered 399 Agents, completed 218 transactions, and achieved a GMV of over 2.44 million MockUSDT.

Bonk Guy fiercely criticized the token project related to Hunter Biden's "LAPTOP," stating that after further observation of the situation following the token's launch, he believes the project clearly exhibits speculative behavior of "wanting to extract profits while knowing very little about the crypto industry."Bonk Guy particularly questioned the fully diluted valuation (FDV) of up to $100 billion after the token's launch, bluntly stating that this valuation is "absurd to the extreme," and questioned why Hunter Biden himself would become the narrative core of the crypto market. He pointed out that the public's attention on Hunter Biden largely stems from the numerous controversies he sparked during his father Joe Biden's presidency, while the Biden administration has generally taken a relatively tough regulatory stance on the crypto industry.Finally, Bonk Guy warned that investors buying the token at the current valuation face extremely high risks, stating that "anyone who buys it deserves to lose 100% of their funds."

According to Onchain Lens monitoring, a certain trader spent approximately 378.23 ETH (about 936,000 USD) to buy 1.497 million PONS, and then sold all of them for approximately 473 ETH (about 1.17 million USD).This transaction made a profit of 94.77 ETH (about 234,800 USD), with a return rate of about 25.06%.

According to monitoring by Lookonchain, a certain trader made a profit of over 1 million dollars in just a few minutes on the Hunter Biden-related token LAPTOP. The trader 0xa5019 spent 100 ETH (approximately 249,800 dollars) to buy 9,124 LAPTOP, and then sold 8,480 of them for 472 ETH (approximately 1,180,000 dollars).Currently, the trader still holds 644 LAPTOP, worth about 110,000 dollars, with a total profit exceeding 1 million dollars.

According to a report by Sina Finance, AI 3D company VAST (Sanqi Wànwù) announced the completion of Series B and B+ financing, totaling approximately 3 billion yuan, led by Matrix Partners. Perfect World, BlueFocus Communication Group, Xindong Energy Investment, Yanqu Games, Zhongke Chuangda, 37 Interactive Entertainment, as well as Dinghui VGC, CICC Capital, CMC Capital and others participated in the investment, while existing shareholders Dachen Caizhi, Chunhua Capital, and Wengce Capital continued to invest.According to the official introduction, VAST has raised approximately 5 billion yuan in less than six months. It is reported that VAST also released the latest version of its flagship 3D base model Tripo P series, Tripo P2. The funds from this round of financing will be invested in the iteration of 3D native models and data capabilities, expansion of training and inference infrastructure, product development, and commercialization.

Bitget released its transparency report for August 2026, disclosing its latest progress in the construction of a multi-asset trading ecosystem. In terms of U.S. stock tokens, taking rNVDA as an example, its daily trading volume reached $38.5 million, with over 4,200 users completing approximately 112,800 transactions, of which about 36% of the trading volume occurred outside regular U.S. trading hours, reflecting that rToken is becoming a core tool for investors to break through traditional trading time constraints and achieve 24/7 global asset allocation.On the institutional business front, Bitget launched an institutional-level CFD liquidity solution aimed at quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, arbitrage between futures and spot, and automated trading scenarios such as EA.At the same time, the platform launched FCN (Fixed Coupon Notes), bringing traditional financial structured products into the tokenized U.S. stock market, becoming the first cryptocurrency exchange to combine the FCN structure with USDT settlement and U.S. stock rToken delivery. As related products and trading infrastructure continue to improve, Bitget is further strengthening its capabilities in institutional-level services, multi-asset coverage, and liquidity.In addition, third-party data shows that Bitget performs outstandingly in terms of liquidity and execution efficiency for tokenized stocks and stock perpetual contracts. In a liquidity benchmark test targeting the five stock spot markets of MSTR, SPY, QQQ, CRCL, and NVDA, DeFiLlama recorded Bitget with the lowest median bid-ask spread of 0.83 basis points and the deepest order book liquidity among all sample markets. In execution benchmark tests covering 36 stock perpetual contracts and 8 types of metal and commodity perpetual contracts, Bitget maintained a significant lead in approximately 90% of trading pairs.

According to BeInCrypto, Solana co-founder Anatoly Yakovenko posted on the X platform that he hopes to establish a giant routing on the mainstream trading aggregator Jupiter, converting tokenized Nvidia stocks into tokenized SpaceX (SPCX) via Fartcoin, and believes that this routing will become the national best bid and offer (NBBO) reference price for all brokers in the United States.Yakovenko pointed out that the Jupiter aggregator automatically selects the lowest-cost trading path, and meme coin pools typically have the deepest liquidity on the network, so the router may complete part of the stock trades through Fartcoin.

According to The Block, Aave has officially launched its official MCP server, allowing AI agents to access real-time protocol data from Aave V3 and V4 and prepare transactions.The server supports integration with MCP-compatible tools such as ChatGPT and Claude, enabling users to have control over transaction signature permissions.

a16z related project speedrun launches Alpha Fellowship, with the application deadline on October 11. This program is aimed at highly technical students, dropouts, and recent graduates, supporting builders in the earliest stages. The program takes place in San Francisco and is operated by the speedrun team in collaboration with EO Ventures.The founder track can receive up to $250,000 in investment, over $1 million in partner credits (AWS, GCP, Azure, OpenAI, Anthropic, Cursor, etc.), speedrun automatic final interview (up to $1 million investment), office hours, co-working space, and an 8-week in-person experience (from January 11 to March 5). The talent track offers a 4-week in-person experience (from February 8 to March 5), introducing portfolio companies, office hours, fireside chats, and co-working space.Speakers and mentors include a16z co-founder Marc Andreessen, Substack founder Chris Best, a16z general partner Andrew Chen, EO Ventures founding general partner Roland Fryer, among others. The investment terms are $150,000 for 5% SAFE plus a $100,000 follow-on investment within 18 months. This program is limited to software engineers, requiring authorization for full-time work in the U.S.; students may apply but must commit to full-time participation.

On-chain data analysis platform Glassnode stated that two cities produced more than half of the Solana blocks, with Frankfurt accounting for 33% and Amsterdam for 19%.These two cities have a total of 310 validators, which represents 46% of the total 675 network validators, and 53% when calculated by staking volume.

The official announcement from the Ton Network DePIN project PinGo states that the project has once again encountered a cyber attack, and the attackers have sold some of the involved tokens. Currently, the PinGo team has completed the consolidation of on-chain assets and is actively addressing this security incident.It is reported that Gate has temporarily suspended the recharge of PinGo tokens. The PinGo team stated that they will continue to disclose subsequent information based on the progress of the incident. As a result of the incident, the price of PINGO briefly surged by 70%, with the current quote at 0.03 USD.

User chris__lu posted that they compiled all 236 companies and 470 founders from the YC Summer 2026 batch, categorizing each company into an AI technology stack layer and comparing it to the Spring batch using the same criteria. This batch still has 91% related to AI. The model companies increased from 8% to 20%, the application layer decreased from 55% to 39%, horizontal applications dropped from 58 to 32, and vertical applications remained at 25%.In the Spring, 45% of companies delivered autonomous agents, while in the Summer, it was 33%, with "agent" in a one-sentence introduction dropping from 27% to 19%. 21 companies are engaged in computational infrastructure, 11 focus on inference costs, and there are also companies for training data and reinforcement learning environments. Scale AI is listed as an alternative target by 8 companies. The industrial category increased from 12% to 24%, with 45 companies delivering physical products, 24 being robots or physical AI, and 21 companies operating their own businesses rather than selling software.This batch is the youngest, with 37% of founders being students or graduates in the last two years, 59 teams are entirely student teams, the dropout rate increased from 3% to 9%, and repeat founders decreased from 32% to 23%, with 84% having a technical background. 39 from Berkeley, 32 from MIT, and 25 from Stanford. Amazon is the largest source of talent. Sales and marketing AI decreased from 18 to 6. Only 19 founders come from AI labs, accounting for 4%. 8 founding teams come from the same previous employer.