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Chainalysis data shows that cross-border stablecoin capital flows increased by 77.5% year-on-year. While the overall scale has expanded, the capital flow remains highly concentrated.Chainalysis identified 4,708 new inter-country transfer paths, but these new paths only carry about 2.64 billion dollars, accounting for a small proportion of the total statistical amount of 220.3 billion dollars, indicating that cross-border flows of stablecoins are still dominated by a few major channels.

Axios reported that allies of Trump are attacking Dario Amodei, the CEO of the artificial intelligence company Anthropic, as a representative of the "doomsday" narrative surrounding artificial intelligence and one of the founders of the effective altruism movement. Sources say that during the midterm elections, allies may target Anthropic when countering his warnings about AI safety; due to his political stance and concerns about AI safety, he is seen as an easy target. This is concerning for investors as the company is preparing for an anticipated record-breaking initial public offering.The report states that a memo began circulating internally within the White House this week, attempting to portray effective altruism as a fringe, cult-like group detached from mainstream America, with Axios claiming to have obtained the document. The memo was written by a Trump political advisor not currently employed by the White House, stating that effective altruism "has established a doomsday pipeline for artificial intelligence," placing Amodei at the foundational position of the movement, while also mentioning his sister, Daniela Amodei, president of Anthropic, referring to these connections as "Anthropic nodes." A source close to the government said that Amodei embodies an ideology and globalist innovation path that contradicts the president's "America First" agenda.Anthropic has been distancing itself from effective altruism. Daniela Amodei stated in a 2025 Wired report that she does not agree with the term. Dario Amodei has insisted in interviews that he is not a member of the movement and has promoted the benefits of artificial intelligence.

According to the Brooklyn District Attorney's Office, 23-year-old Brooklyn man Ronald Spektor was sentenced to 4 to 12 years in prison for committing phishing and social engineering fraud. Over approximately one year, Spektor impersonated Coinbase customer service, luring about 100 American users to transfer cryptocurrency to wallets under his control, claiming "accounts were hacked and assets were at risk," stealing nearly 15.94 million dollars in total.Subsequently, he laundered the money through multiple exchanges, mixing services, and cryptocurrency gambling platforms. On September 2, he pleaded guilty to all 31 charges, including first-degree money laundering and first-degree grand larceny, and was ordered to forfeit cash, cryptocurrency, and personal property valued at over 500,000 dollars, while also needing to pay restitution of nearly 16 million dollars. Investigations revealed that he had publicly flaunted his criminal gains on platforms like Telegram.

Despite yesterday's Bitcoin pullback leading to a significant decline in altcoins and on-chain tokens, according to Alternative data, the Crypto Fear and Greed Index still reports 71 (the same as yesterday), indicating that market sentiment remains at the "Greed" level.Note: The Fear Index threshold ranges from 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

a16z, in collaboration with the DeFi Education Fund, submitted a joint proposal to SEC Commissioner Hester Peirce, proposing the establishment of safe harbor rules and the creation of a "rebuttable presumption," meaning that decentralized exchange (DEX) protocols and their front-end interfaces do not fall under the definition of "exchanges" as defined by the Securities Exchange Act of 1934.On the same day, a16z also submitted a second letter urging the SEC to establish a registration system for centralized cryptocurrency trading platforms, similar to the alternative trading system (ATS) rules from 1998. Both letters were dated September 14, and three days later, the SEC issued an "Innovation Exemption" for tokenized stock trading venues.

Arthur Hayes published a new long article titled "Safety First," with the core argument that the claims of "safety first" by Anthropic, OpenAI, and SpaceX, which lead to a slowdown in AGI development, are not out of concern for human welfare but rather due to economic realities. The market does not want AI; it wants AI at "Chinese prices," meaning it needs intelligence that is 100 times cheaper than what is currently available. Hayes points out that "safety first" essentially destroys the demand for computing power. If the spending on training new models decreases and laboratories shift towards efficiency optimization, customers will spend less on computing power. The three major AI laboratories do not generate any profits, and their demand for computing power supports over $10 trillion in investment-grade debt and hundreds of billions in low-quality debt, which rely on profitable tech companies like Nvidia, Broadcom, Google, and Microsoft for off-balance-sheet endorsements. The real backstop is the holders of insurance policies in the United States.Hayes cites an analysis by Nick Nameth that reveals a "self-insurance scam": private equity giants (such as Apollo, KKR, Brookfield, etc.) acquire insurance companies, stuffing AI data center debt and SaaS private credit impacted by AI into insurance assets, and then provide false endorsements with minimal capital through affiliated self-insurance reinsurance companies. Nameth estimates that the total amount of these false reinsurance assets reaches $1.54 trillion. Once the AI data center debt is downgraded by rating agencies due to insufficient demand for computing power, insurance companies will be forced to add capital, while the affiliated reinsurance companies will be unable to pay, leading to insolvency for the insurance companies. In most states in the U.S., the insurance protection limit is only $250,000 to $300,000, and existing insurance companies only pay into the protection fund afterward, which encourages all parties involved to maximize risk-taking. When AIG was bailed out in 2008, TARP funds ultimately flowed to Goldman Sachs and led to record bonuses, while the general public only received foreclosure notices; Hayes believes this scenario will repeat itself.For cryptocurrency investors, the conclusion is a win-win situation. If the U.S. government chooses to become the "last buyer of computing power," it will print money in the name of national security to fund unproductive economic goods, driving up financial speculation and Bitcoin prices; if the government chooses to bail out insolvent insurance companies, it will also need to print money to cover bad AI debts, increasing the money supply and pushing up Bitcoin. Hayes specifically points out that the Federal Reserve voted unanimously last week to raise interest rates by 25 basis points, and RMP bond purchases have stopped since August 14, but commercial banks have taken over to create over $100 billion in currency, and the interest rate hike allows banks to earn an additional $7.5 billion in excess reserve interest each year. This money will be used to expand loans and market speculation, and the net effect remains stimulative. The fluctuations in the cryptocurrency market, which saw a slight increase at the end of August, are about to end, the supply of dollars will continue to grow, and Bitcoin and some selected altcoins will rise. Hayes also described this situation as "incredibly wonderful," stating that the government will not allow the free market to stop building AI data centers, there will be an oversupply of spot computing power, the usage of AI agents will increase, and the surge in money printing will drive investors to chase cryptocurrency assets.

According to Alternative data, the Crypto Fear and Greed Index has risen to 78, reaching its highest value in nearly a month, up from 70 yesterday, with an average of 66 last month. Market sentiment has returned to the extreme greed zone.Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

The U.S. Department of Justice announced that Iris Rabaya Au, a 37-year-old woman from Irvine, Orange County, California, was sentenced to 18 months in federal prison for failing to report over $2.6 million in illegal income to the Internal Revenue Service (IRS). She was also ordered to pay $1.484 million in restitution and had multiple luxury cars, high-performance vehicles, designer handbags, and three "Godfather" sculptures confiscated. Au is the ex-girlfriend of cryptocurrency scammer Adam Iza.Prosecutors stated that between 2020 and 2024, Iza fraudulently obtained Meta advertising accounts and credit lines, selling account access and earning millions of dollars in unreported income. At Iza's direction, Au set up shell companies and opened bank accounts, using the related funds to pay approximately $1 million to Los Angeles County Sheriff's Department (LASD) officers and to purchase or lease luxury homes, cars, jewelry, and clothing. They also spent nearly $10 million on entertainment and purchased about $16 million in cryptocurrency for Iza. Between 2020 and 2023, Au transferred over $2.6 million into her personal bank accounts but did not accurately report it on her federal tax returns. She pleaded guilty to one count of false tax return in March 2025. Iza pleaded guilty in January 2025 to charges including conspiracy to infringe rights, wire fraud, and tax evasion, with a sentencing hearing scheduled for October 5. He was also sentenced to 15 years in federal prison for his involvement in an attempted Bitcoin robbery and kidnapping case in Connecticut in August 2024.

Multicoin Capital founder and CIO Tushar Jain stated that the current sentiment in the cryptocurrency market is somewhat exuberant, and a pullback or consolidation cannot be ruled out.He advised investors to remain calm, avoid overtrading, and focus on holding high-quality assets, allowing investment logic to naturally play out rather than trying to precisely capture every short-term high and low.

According to CriptoNoticias, a court in Costa Rica sentenced two men to 12 years in prison each for money laundering. The case involves the kidnapping and murder of American businessman William Shawn Crichton Kopko in 2018, for which his family paid a ransom of approximately 148 bitcoins, valued at around 1 million dollars.The court found that the two defendants received part of the ransom and deposited it into wallets under their control to conceal the source of the related assets.

The Solana ecosystem project Paid announced on platform X that it has launched the token issuance feature on Pons.The official statement says that 80% of the transaction fees will be sent to X users via X Money, and 20% will be converted into SOL to repurchase PAID tokens. Issuers can add their X Handle in the project text description to send transaction fees through X Money.

According to EmberCN monitoring, the whale entity represented by Garrett Jin accumulated approximately 100,800 BTC at an average price of about $7,242 from May to June 2018. The value of the holdings at the same time last year once exceeded $10 billion, and subsequent investment funds mainly came from selling BTC.Starting in August 2025, the entity gradually sold about 89,000 BTC and bought approximately 900,000 ETH, with an average cost of over $3,500 for ETH. The related ETH was subsequently transferred to Binance in the first half of 2026. In December 2025, the entity went long on ETH on Hyperliquid; in early February 2026, the price of ETH dropped from $3,000 to $1,800, resulting in a liquidation of 213,000 ETH long positions worth about $670 million, with a margin loss of approximately $230 million.During the same period, the entity was believed to have provided some funds to Trend Research. A leveraged long position of 651,500 ETH by Trend Research had a stop loss, resulting in a loss of about $734 million. The entity also extracted and purchased on-chain through Binance from February to June this year, accumulating approximately 289.6 million "Binance Life" tokens, valued at about $150 million, accounting for 28.9% of the total supply of the token. In March, when the entity exchanged 50.43 million aEthUSDT for aEthAAVE, it encountered extreme slippage, only exchanging for 327.2 AAVE, resulting in a loss of about $50.39 million. Since July, the entity has been shorting ZEC on Hyperliquid, currently facing an unrealized loss of about $34 million.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Shopify Rebellion vs. Sentinels - LCS Playoffs," the option "Shopify Rebellion" in the sub-market "Game 3 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 33.5% an hour ago to the current 94.5% (a fluctuation of 61%). Please note the impact of related breaking news.

On Wednesday, the U.S. House Financial Services Committee advanced the American Reserve Modernization Act (H.R. 8957) with a vote of 28 in favor and 21 against. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats. The bill requires the Treasury Department to establish a Bitcoin strategic reserve and digital asset reserve within 180 days and mandates federal agencies to report their held assets within 60 days.The Bitcoin included in the reserve cannot be sold, exchanged, auctioned, or mortgaged for 20 years. The revised text removes provisions for purchasing more Bitcoin using Federal Reserve funds, gold certificates revaluation, and tariff revenue, adjusting the frequency of reserve proof reporting from quarterly to annually. The bill does not authorize the purchase of Bitcoin but only requires the Treasury and Commerce Departments to study acquisition plans with no cost to taxpayers.

The House Committee on Ways and Means passed the "Digital Asset Tax Clarification Act" with a vote of 38 in favor and 5 against, establishing the first federal tax framework for digital assets. The bill sets a threshold for taxation, stating that cryptocurrency transactions with network or transaction fees not exceeding $10 are exempt from taxes, but this exemption does not apply to service providers conducting transactions on behalf of others, and the relevant provisions will not take effect until December 2027.The bill also requires the Treasury Department to establish a voluntary disclosure program for digital assets within 12 months of the bill's enactment, allowing eligible taxpayers to amend previous filings and settle owed taxes, interest, and penalties. The bill specifies that income from mining and staking will be taxed as ordinary income, while allowing certain investment trusts to stake without affecting their tax status. The previous version included an option for deferred income recognition, but that provision has been removed, and the issue of income recognition timing remains unresolved.Committee Chairman and Republican Congressman Jason Smith called it a historic moment for the committee. This vote took place the day after the Senate's procedural vote on the "Clarity Act" failed (49 votes to 50), with Democrats opposing the bill mainly due to ethical concerns raised by Trump's cryptocurrency interests. The House will recess until after the November elections, and the bill may advance during the lame-duck session, with public attention shifting to the Senate Finance Committee.

Crypto journalist Eleanor Terrett posted on the X platform, stating that although the CLARITY Act has been stalled in the U.S. Senate, the House of Representatives will continue to advance several cryptocurrency-related legislations today. At 10 AM Eastern Time, the House Ways and Means Committee will review and amend a cryptocurrency tax bill.Meanwhile, the House Financial Services Committee will also begin reviewing several bills, including the House Strategic Bitcoin Reserve Act proposed earlier this year by Congressman Nick Begich.

According to the United Morning News, seven Malaysian gangsters targeted players attending a poker game, breaking into a luxury private residence in Bukit Timah late at night, armed and stealing over 4.9 million dollars, quickly splitting into two groups to escape Singapore. Six of them pleaded guilty in the High Court on Monday (September 14), with the two masterminds sentenced to 12 years and 11 months in prison, 24 strokes of the cane, plus a fine of 4,000 dollars.In court, it was revealed that the masterminds, Wu Wentong (30 years old) and Huang Zhishan (35 years old), learned from a friend who had previously attended the poker game that the house often held poker games at night. After scouting the location, they discovered that the front door of the house would not be locked during the game. Wu Wentong and Huang Zhishan then recruited five other accomplices, specifically coming to Singapore to commit the crime. This armed robbery occurred around 2 a.m. on April 18, 2024, at a residence in the upscale Alper Wang Garden area, where 11 men and women were playing poker in the living room.According to the case details, around March 2024, Wu Wentong and Huang Zhishan decided to rob the poker players at the house due to financial issues. They knew that they could not carry out such a large-scale robbery with just the two of them, so they contacted Hamidun, who runs a private security company and provides debt collection services, to help gather a team, promising a reward of 1.5 million ringgit (approximately 470,000 Singapore dollars). After the group succeeded, they left in a multi-purpose vehicle, splitting into two groups to leave Singapore via the Tuas and Woodlands checkpoints. At the same time, several players in the private residence managed to free themselves from their restraints and reported the robbery to the police. With the assistance of the Royal Malaysia Police, the six defendants were arrested between late April and November 2024 and were extradited to Singapore for prosecution. The police have since recovered virtual currency worth 1.69 million dollars, while the remaining funds and property are still missing.

OpenAI supports the FRONTIER Act proposed by both parties in the U.S. House of Representatives, which requires leading artificial intelligence companies to bring in external assessment organizations to ensure model safety.Chris Lattner, OpenAI's head of global affairs, stated that the company supports the key provisions of the bill and met with the sponsors on Capitol Hill to discuss arrangements for independent verification organizations.