gm

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:e/acc (Cbcy....KoU): Currently priced at $0.0074, market cap of $7.21 million, 24h change -28.1%, 24h trading volume $30.52 million, number of trades 149,970;PAID (98kf....ump): Currently priced at $0.0274, market cap of $25.58 million, 24h change -23%, 24h trading volume $28.28 million, number of trades 92,960;STONK (6GmA....Ngx): Currently priced at $0.2587, market cap of $300 million, 24h change -8.4%, 24h trading volume $25.96 million, number of trades 83,145;NEAR (3ZLe....wBG): Currently priced at $5.2541, market cap of $13.89 million, 24h change +3.5%, 24h trading volume $14.01 million, number of trades 89,011;ZEC (A7bd....XaS): Currently priced at $1569.46, market cap of $200 million, 24h change -4.2%, 24h trading volume $24.06 million, number of trades 84,814;

According to on-chain analyst Ai Yi (@ai_9684xtpa), the GMGN associated address deposited 6,100 ETH to Coinbase, worth approximately 16.38 million USD.Looking back, this ETH was transferred from the Robinhood network to the Ethereum mainnet 6 days ago, possibly as revenue from transaction fees on the Robinhood network.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:SI (DEW9....WDP): Net inflow of $20,000, with a 24-hour increase of -20.1%, currently priced at $0.0053.NVDAx (Xsc9....qEh): Net inflow of $9,000, with a 24-hour increase of -0.4%, currently priced at $224.7415.GRASS (Gras....Xjs): Net inflow of $8,000, with a 24-hour increase of 0.5%, currently priced at $0.4477.CARDS (CARD....Yjp): Net inflow of $7,000, with a 24-hour increase of -0.1%, currently priced at $0.1675.COLLECT (nDZk....ump): Net inflow of $4,000, with a 24-hour increase of 23242%, currently priced at $0.001.

The multi-chain Meme trading terminal GMGN released a recruitment notice on September 23, seeking talent globally, with 8 key positions available.This recruitment focuses on two main areas: product management and research and development. In the product management area, there are three positions: social community, user conversion, and on-chain trading, all based in Hong Kong and requiring full-time commitment. In the research and development area, there are five positions: EVM trading routing engineer, on-chain data development engineer, senior backend development engineer, senior blockchain development engineer (cross-chain direction), and smart contract engineer (Launchpad direction). Resumes should be sent to hr@gmgn.ai.GMGN stated that the team is dedicated to building the fastest multi-chain Meme trading terminal in the world, with members being deep on-chain users themselves. Recently, GMGN's perpetual contract trading feature was opened for public testing on September 21 and has supported 7 launch platforms including Pons on the Robinhood Chain.

GMGN co-founder Haze posted on the X platform stating that the perpetual contract trading feature of the GMGN platform is officially open for public testing. Everyone is welcome to experience it and provide feedback.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:ZEC (A7bd....XaS): Currently priced at $1519.12, market cap of $200 million, 24h increase of +5%, 24h trading volume of $74.06 million, number of trades 420,025;JEANPHIL (GTBx....ump): Currently priced at $0.0036, market cap of $3.49 million, 24h decrease of -17.9%, 24h trading volume of $24.49 million, number of trades 196,248;STONK (6GmA....Ngx): Currently priced at $0.3583, market cap of $300 million, 24h increase of +34.4%, 24h trading volume of $41.89 million, number of trades 130,122;Stamp (EKtm....nsc): Currently priced at $0.0054, market cap of $5.34 million, 24h increase of +106K%, 24h trading volume of $29.32 million, number of trades 152,326;PAID (98kf....ump): Currently priced at $0.014, market cap of $13.42 million, 24h decrease of -26.5%, 24h trading volume of $19.81 million, number of trades 85,690;

According to on-chain analyst Yu Jin's monitoring, the meme trading platform GMGN has transferred a total of 23,550 BNB (approximately 17.34 million USD) in transaction fee revenue to the exchange Pionex over the past week.

Taiyuan Chengming Technology Co., Ltd. sent a letter to Beijing Zhipu Huazhang Technology Co., Ltd., raising multiple demands regarding the alleged unauthorized upload of company data assets and trade secrets by its ZCode client, and reserving the right to pursue legal accountability. Chengming Technology pointed out that although Zhipu has publicly apologized for the "silent upload of user local repository data" and claimed to have fixed the issue, independent evidence collection revealed that the upload behavior was automatically triggered and occurred in bulk, including complete archived files such as project source code, system architecture, version control history, database passwords, cloud service credentials, and employee personal information, far exceeding the scope of collection stated in its Privacy Policy.Although the client was updated to version 3.12.3 on September 16, upload behavior was still detected in the early hours of the day Zhipu publicly apologized, raising doubts about the actual effectiveness of the "fix." At the same time, the ZCode client’s network requests pointed to a Singapore entity, while the service agreement was signed with Beijing Zhipu Huazhang, requesting clarification on the responsible party for this upload, as well as whether the data was transmitted abroad or stored overseas.Chengming Technology demanded that Zhipu respond in writing by October 10 and complete the immediate cessation of processing and thorough deletion of all uploaded data and related derivative data, caches, and backups, provide a complete list of processing situations, clarify the data's whereabouts, whether it was shared with third parties, whether it was used for model training, and whether cross-border transmission occurred, explain the management of encryption private keys and complete operation logs, clarify the exact scope of "destruction" mentioned in previous public responses, issue proof of deletion completion, provide a written commitment not to upload without authorization again, legally provide access, copying, and explanation of personal information, and designate formal communication channels, among other matters. Currently, Zhipu has not publicly responded to the aforementioned letter.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:CARDS (CARD....Yjp): Net inflow of $20,000, with a 24-hour increase of 6.9%, currently priced at $0.14.NEAR (3ZLe....wBG): Net inflow of $2,000, with a 24-hour increase of 28%, currently priced at $3.3584.GP (HTmQ....gUQ): Net inflow of $2,000, with a 24-hour increase of 215.5%, currently priced at $0.0128.FAR (3u3T....3yZ): Net inflow of $2,000, with a 24-hour increase of 633.7%, currently priced at $0.0001.ZATOSHI (y2sC....fav): Net inflow of $1,000, with a 24-hour increase of 1323.9%, currently priced at $0.0001.

Privacy token Zcash (ZEC) rose about 20% in 24 hours, with Paradigm co-founder Matt Huang revealing that the company has invested in ZEC. ZEC supports shielded transactions that hide addresses and transaction amounts using zero-knowledge proofs, with a price of about $1,338 on Thursday.Huang disclosed in a post that Paradigm is both an investor in the Zcash Open Development Lab (ZODL) and a holder of ZEC tokens. He described Zcash as "a privacy complement to Bitcoin" and supports its developer fund backed by inflationary funds, believing that long-term funding support remains important in the context of AI network capabilities and the development of quantum computing. He also supports combining Zcash token voting with other forms of governance to reduce its unpredictability as a monetary asset.Today's increase of over 10% has led to a cumulative rise of about 160% for ZEC over the past month, while Bitcoin has risen 18.2% during the same period. Paradigm's investment in the Zcash ecosystem has been publicly disclosed, with ZODL announcing the completion of over $25 million in seed funding in March, with participants including Paradigm, a16z crypto, Coinbase Ventures, and Winklevoss Capital. As ZEC rises, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4%, marking the first rate hike of 2023, with the overall cryptocurrency market trending upward.

Paradigm founder Matt Huang commented on Zcash via Twitter. He stated that all blockchain ecosystems face the long-term funding challenge for public goods, and funding developer funds through inflation is a relatively elegant mechanism; how funds are allocated can be discussed and continuously improved. In the context of accelerating AI network attack capabilities and advancements in quantum computing, developer funds remain very important.Regarding governance, Matt Huang mentioned that as Zcash is increasingly accepted by more users as a complementary asset to Bitcoin for privacy, voting solely based on the amount of tokens held will bring uncertainty and may limit its long-term trust as a monetary asset. The project is better off combining token-based voting with other forms of governance.

Market news reports that NVIDIA partner GMI Cloud is seeking a loan of 300 million dollars to purchase chips for its factory in Thailand.

The on-chain trading platform GMX has released a governance proposal to allocate $10 million from the treasury to establish a GMX token market-making fund in the first phase. The fund will use the total chain merged open interest as a reference indicator. When the circulating market value of GMX is below the merged open interest, the focus will be on repurchases; when the circulating market value is not less than the merged open interest, it will shift to providing liquidity.The proposal also discloses the subsequent roadmap, including cross-collateral and cross-margin models, market segmentation, net open interest, RFQ, permissionless markets, Robinhood integration, and a new USDG LP product line, among others. In addition, GMX will initiate GT repurchases and distribute GT airdrops to GMX stakers, with specific details to be announced in future proposals.

Payments industry publication PaymentsJournal has published a deep-dive article, Navigating Latin America’s Complex Payment Ecosystem, examining the region’s evolving payments landscape, including domestic payment rails, cross-border settlement, stablecoins and payment orchestration. The article draws on PhotonPay’s research report, The Next Payment Infrastructure in LATAM, as a reference for its analysis. The article highlights the highly fragmented nature of Latin America’s payments market, where countries such as Brazil, Argentina and Mexico have developed distinct payment systems, currencies, providers and regulatory frameworks. At the same time, stablecoins are gaining traction in cross-border payments, offering an additional layer for liquidity and settlement, while local payment rails remain essential for reaching businesses and consumers in individual markets. PaymentsJournal argues that the next phase of payment infrastructure in Latin America may not be about creating a single regional rail, but about connecting diverse local payment systems, currencies and global liquidity through a more unified infrastructure layer. In this model, stablecoins can facilitate cross-border movement and settlement of value, while payment orchestration connects and manages the local rails, providers and fund flows businesses need to navigate. PhotonPay’s research explores these infrastructure trends and the changing dynamics of payments across the region.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:PUMP (pump....Dfn): Net inflow of $7,000, with a 24-hour increase of -3.2%, currently priced at $0.0036.baton (Hg5J....ump): Net inflow of $5,000, with a 24-hour increase of -53.6%, currently priced at $0.0037.PAID (98kf....ump): Net inflow of $4,000, with a 24-hour increase of 351893.4%, currently priced at $0.0099.GLDx (Xsv9....3re): Net inflow of $4,000, with a 24-hour increase of 0.9%, currently priced at $397.8939.GSI (3YqF....NEa): Net inflow of $4,000, with a 24-hour increase of 37.9%, currently priced at $0.0001.

According to Cointelegraph, Juan Marchetti, the Director of the Trade in Services and Investment Division of the World Trade Organization (WTO), stated at the event in Geneva for the release of the WTO stablecoin trade research report that the key obstacle to the widespread adoption of stablecoins in international trade is not technology, but rather the lack of a regulatory framework and its fragmentation.He cited a report from the Financial Stability Board (FSB) in October 2025, which indicated that among the 28 jurisdictions surveyed, only 11 (about 39%) have completed the establishment of a regulatory framework for stablecoins.The WTO report shows that stablecoins currently account for only 3% of the total global international payments, but from 2020 to mid-2024, the scale of stablecoin cross-border payments has grown by 35 times. The report also points out that stablecoins are expected to improve five major pain points in international trade financing: high costs, low speed, limited access, lack of transparency, and foreign exchange conversion.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:ZEC (A7bd....XaS): Currently priced at $1111.01, market cap $200 million, 24h change -1.5%, 24h trading volume $39.78 million, number of trades 279,778;STONK (6GmA....Ngx): Currently priced at $0.2161, market cap $200 million, 24h change -23%, 24h trading volume $63.41 million, number of trades 201,903;Stunk (FLk6....ump): Currently priced at $0.0001, market cap $6.41 thousand, 24h change -99.3%, 24h trading volume $6.87 million, number of trades 288,196;EMBER (5dvX....EC6): Currently priced at $0.0283, market cap $28.05 million, 24h change -10.5%, 24h trading volume $25.31 million, number of trades 77,371;NINA (H22a....ump): Currently priced at $0.0002, market cap $170 thousand, 24h change +5K%, 24h trading volume $6.55 million, number of trades 101,448;

According to Ledger Insights, the European Securities and Markets Authority (ESMA) recently published the "Trends, Risks, and Vulnerabilities Report for the First Half of 2026," in which digital assets and prediction markets occupy three chapters. Regarding crypto assets, the report warns that the increasing ties between cryptocurrencies and the traditional financial sector pose risks. Concerning tokenization, the report points out that issuing different tokenized versions of the same stock may lead to fragmented liquidity.As for prediction markets, the report believes that prediction markets have not yet seen significant development in Europe. This is because major platforms do not yet hold EU licenses, and in most cases, they need to obtain licenses. The European Securities and Markets Authority (ESMA) outlines some potential advantages of tokenization, including increased efficiency, expanded investor access, programmability, and atomic settlement. On the other hand, ESMA also questions how much these advantages are actually realized within these encapsulated structures.Since the ownership of the underlying stocks is off-chain, there is no single data source on-chain, and self-custody can only be achieved indirectly through these structures. Tokenization structures also introduce additional layers of intermediaries, leading to complexity and risk. The settlement advantages are also difficult to realize. Even if token transfers occur on-chain, the cash portion of the transaction is usually settled separately, whether through bank payments or other channels. This means that for certain transactions, the promised atomic settlement (i.e., simultaneous delivery of securities and cash) has not yet been achieved.

Anchorage Digital, a federally chartered crypto bank in the United States, has partnered with the stablecoin protocol Frgmnt to provide institutional clients access to fUSD and sfUSD tokens through its custody platform. Institutional clients can hold, mint, redeem, stake, and unstake fUSD without setting up separate custody arrangements.Frgmnt is a stablecoin protocol built on the Base network, issuing fUSD collateralized by USDC, with collateral assets deployed in on-chain lending markets. Users can stake fUSD for sfUSD to earn yields generated by the underlying strategies of the protocol. According to DeFiLlama data, the protocol has approximately $100,000 locked and is currently in a capped invitation-only testing phase, with plans to open public access and increase deposit limits on September 15. As of September 4, the annualized yield for sfUSD is approximately 13.32%.Anchorage Digital Bank is regulated by the Office of the Comptroller of the Currency, and its parent company, Anchorage Digital, reached a valuation of $4.2 billion after receiving a $100 million investment from Tether in February. Previously, Tether had commissioned Anchorage to issue the stablecoin USAt for the U.S. market in January, and Anchorage has also collaborated with Grupo Salinas, Marinade Finance, and others to expand stablecoin payment and staking services.