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The political action committee (PAC) Defend American Jobs, allied with the cryptocurrency industry and primarily funded by the industry, disclosed in documents submitted to the Federal Election Commission (FEC) that it has spent $11.4 million on media advertising to support Republican Jon Husted and oppose Democrat Sherrod Brown in the campaign for the Ohio U.S. Senate seat.This PAC is affiliated with Fairshake, which is supported by Coinbase and Ripple Labs. This advertising expenditure is part of Fairshake's commitment to initially invest $30 million to prevent Brown from returning to the Senate. Brown, a former chairman of the Senate Banking Committee, is one of the critical voices in Congress regarding cryptocurrency legislation and policy.In the 2024 Ohio Senate election, the showdown between Brown and Republican Bernie Moreno attracted over $300 million in spending from external groups like Fairshake, with cryptocurrency-related PACs and their affiliates spending about $41 million opposing Brown and supporting Moreno, who ultimately won with 50.2% of the vote. Husted's seat was appointed by Ohio Governor Mike DeWine, succeeding JD Vance, who was elected as the Vice President of the United States in 2024.

According to Gate market data, the Dow Jones Industrial Average opened down 365.52 points on September 28, a decrease of 0.71%, closing at 51,463.1 points; the S&P 500 opened down 35.72 points, a decrease of 0.46%, closing at 7,707.78 points; the Nasdaq Composite opened down 133.02 points, a decrease of 0.49%, closing at 26,935.7 points.

On Monday, the oracle network Chainlink released the cross-chain interoperability protocol CCIP 2, making significant upgrades to its communication and cross-chain bridge infrastructure. The new version allows enterprises to add their own security verification checks on top of Chainlink's default network of 16 independent node operators. Enterprises can run their own validators or hire external service providers such as Infosys and Nethermind. Chainlink stated that users should not be forced to become "cross-chain security infrastructure experts."This upgrade comes about five months after the Kelp DAO was hacked in April of this year. The attackers are reportedly linked to the North Korean Lazarus group, stealing approximately $292 million in rsETH by deceiving the single validator relied upon by the Kelp cross-chain bridge, which operates on LayerZero. LayerZero blamed Kelp for using only a single validator, while Kelp stated that LayerZero employees had reviewed its setup and raised no objections. Kelp subsequently announced that it would migrate rsETH to Chainlink.The upgrade also adjusts the security mechanism that Chainlink had previously heavily promoted; its risk management network will no longer operate as an independent review node, with such independent checks now provided by optional validators. This means that users who have not added any validators currently rely on a single validation network, whereas previously they relied on two. Existing Chainlink users have been automatically migrated to the new version, but the company has not disclosed which institutions are using the new validators, only stating that Aave and Maple have begun adopting other features of the upgrade.

According to official news, Tether announced a partnership with the fintech company Shiga to utilize its open-source Wallet Development Kit (WDK) to launch self-custody financial products for individuals and institutions in Africa and the Gulf Cooperation Council (GCC) region.The two parties will launch two core products: the self-custody wallet ENTA for individuals and businesses, which supports deposits in fiat currency or Bitcoin, and holds and transfers Tether (USDT), Bitcoin, and Tether Gold (XAUT); and the infrastructure Pulse for banks and financial institutions, aimed at assisting institutions in customizing digital asset services for specific payment channels and fund settlement processes, and supporting institutions in deploying in a private environment to retain key control.In addition, Shiga is currently completing the final approval process for the digital asset license in Nigeria, and once approved, will conduct compliant digital asset trading, brokerage, and custody services in the country.

As U.S. consumer confidence data remains strong, driving expectations for high interest rates and rising U.S. Treasury yields, gold and silver are under pressure. According to CoinGlass data, gold (XAU) is currently priced at $4,225.56, with a 24-hour decline of 1.45%; silver (XAG) is currently priced at $62.69, with a 24-hour decline of 2.41%.During the period of significant market fluctuations, trading volume for Gate precious metal contracts surged: Gate silver contracts had a 24-hour trading volume of $59.5667 million, ranking second in the industry; Gate XAU gold holdings are approximately $417.78 million, also ranking second in the industry.

Binance will support SpaceX (SPCXB) airdrop plan for MarsCoin (MARSCOIN) holders, as well as Invesco QQQ Trust (QQQB) airdrop plan for Bullish holders. Effective holdings will be counted starting from September 2026, with the first distribution taking place in early October 2026. Users must complete identity verification (KYC) and be from eligible jurisdictions.

The head of the Australian Senate Artificial Intelligence Inquiry Committee stated on Sunday that the CEOs of OpenAI and Anthropic have been summoned to attend the committee's hearing. This news was announced days after it was revealed that a rogue OpenAI robot had breached the database of Australia's healthcare system. Australian Prime Minister Albanese had previously strongly condemned the "Medicare" database leak incident. According to a spokesperson leading the inquiry committee, OpenAI's Altman and Anthropic's Amodei have received written subpoenas requiring their attendance at the hearing. The hearing will be held publicly on Thursday in the capital, Canberra.

Recently, there has been a significant price deviation of fiat currency-pegged stablecoins in South Korean virtual asset exchanges. The Japanese yen stablecoin JPYC surged to four times its benchmark price after its listing, the euro stablecoin EURC skyrocketed over 400% in a single day on Bithumb, and the US dollar stablecoin PYUSD also showed a noticeable premium.Analysis suggests that the aforementioned fluctuations are due to insufficient circulation in the early listing phase combined with concentrated buying, unrelated to the issuer's asset preparation. Industry experts point out that relying solely on reserves cannot prevent price distortions in the secondary market, calling for the establishment of initial circulation guarantees, market maker (MM) and liquidity provider (LP) mechanisms during the design phase of the original Korean won stablecoin system, as well as the introduction of measures such as public disclosure of price deviation rates and restrictions on market orders.

Solana co-founder Anatoly Yakovenko stated that the industry is "not ready" for the next major upgrade of the chain, Alpenglow.Previously, Anza engineers had migrated the Solana developer network to the Alpenglow consensus protocol, which will change the way blocks are processed, aiming to reduce the transaction finality time from about 12.8 seconds to 100 to 150 milliseconds.

Slow Fog's Yuxian stated on platform X that the Bitget theft incident has a wide spread, involves a huge amount of money, and the related funds were quickly linked to North Korean hackers. Institutions such as Circle and Tether have promptly assisted in freezing the related funds, with Circle freezing the USDC held by the hackers.Regarding THORChain, Yuxian pointed out that when THORChain previously experienced a theft incident, it also quickly intervened in its so-called "decentralized" platform; however, in response to this major security incident in the industry, it claimed "decentralization and non-interference" and compared itself to Bitcoin and Ethereum, while continuing to earn fees from the hackers' large cross-chain transactions.He stated that decentralization should not just be a slogan; after a major security incident occurs, the key is to distinguish which issues need to be collectively addressed by the industry. He also believes that platforms like THORChain should not be easily compared to Bitcoin and Ethereum, as there are significant differences in the degree of decentralization and mechanisms of different systems.

On-chain analyst Darkfost posted on X, stating that since June 2026, the total market capitalization of altcoins, including ETH, has attracted over $371 billion in inflows, an increase of about 45%.Meanwhile, approximately 87% of altcoins on Binance are currently above the 200-day moving average, while about 80% of altcoins were still below this average in August of this year. Darkfost believes this reflects a significant recent concentration of funds into altcoins, while market sentiment has shown signs of overheating to some extent, and attention should be paid to whether the subsequent momentum can be sustained.

Analysis released by a16z crypto on September 23 shows that the total transaction volume of real-world asset perpetual contracts in August 2026 is $11.73 billion, with on-chain platform transaction volume accounting for about $10.1 billion, or 86%; centralized exchange transaction volume is about $16 billion, an increase of 44 times compared to the same period last year. A year ago, the on-chain platform transaction share was only one-third or lower.As of the end of August, the open interest size is $4.8 billion, expanding about 30 times from $161 million in July 2025. In terms of transaction volume, stocks account for 48%, commodities for 28%, and indices for 18%, indicating a shift in transaction structure from being commodity-dominated previously. a16z states that the HIP-3 protocol launched by Hyperliquid in October 2025 simplifies the creation of new perpetual markets and enhances liquidity sharing.

CryptoQuant analyst Axel Adler Jr. stated that the 30-day moving average of the adjusted MVRV crossed above its 365-day moving average on August 20, indicating that Bitcoin entered an early bull market phase, with a price at that time of $71,255. This phase lasted for 31 days, during which Bitcoin rose by 13%.

According to Catcher Predict monitoring, in the predicted market event "Houston Astros vs. Athletics" on Polymarket, the "Over" option in the sub-market "O/U 8.5" has experienced a dramatic fluctuation in winning probability, soaring from 31% an hour ago to the current 64% (a fluctuation of 33%). Please note the impact of related breaking news.

ARK analyst Lorenzo Valente stated that Uniswap completed approximately 140 million transactions in August this year, surpassing the total number of transactions on both the Cboe BZX and NYSE American trading platforms. NYSE American, a subsidiary of the New York Stock Exchange, has been operating since 1908, while Uniswap was launched in 2018; five years ago, Uniswap's monthly transaction volume was only about 2 million transactions.Valente noted that in terms of transaction volume, the next target for Uniswap to catch up with is NYSE Arca, which completed approximately 232 million transactions in August.

ViaBTC founder and CEO Yang Haibo stated: CoinEx is shutting down, but its hot wallet system is still relatively advanced and worth referencing in the industry. He introduced that CoinEx has implemented an MPC-based dual-signature scheme for its hot wallet to eliminate single points of failure.Yang Haibo mentioned that the relevant infrastructure is split into business systems and wallet systems, operated by completely independent teams, each holding one private key. Every withdrawal or transfer must be reviewed in real-time through substantial risk control by both parties, and even if one system is compromised, assets cannot be stolen.He added that the wallet signing process needs to be independently implemented and cannot rely on the native mechanisms of each node, which requires extensive reconstruction. The team spent over a year transforming the vast majority of nearly 300 chains supported by CoinEx one by one.

According to a report released by Spartan Capital, Robinhood Chain will launch its mainnet on July 1, 2026. By the end of August, the on-chain DEX trading volume had risen to $1.5 billion, with a TVL increasing to $711 million, and on-chain gas revenue in August reached $6.6 million.The report shows that most of the trading volume in August came from Uniswap, with a single-day on-chain fee reaching $2.1 million on August 31. Robinhood is responsible for running the sequencer and receives about 90% of the on-chain fees. After deducting Ethereum settlement costs and the 10% licensing fee paid to Arbitrum DAO, the net income for August was approximately $6 million. Regarding Robinhood Earn, users deposit USDG and borrow through Morpho, with the deposit scale increasing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain's TVL at the end of the month. Users can earn an estimated annualized yield of about 7%, while the yield on the loan side was approximately 3.7% at the end of August, with the difference subsidized by reward funds provided by Morpho and its lending partners.Meanwhile, the Meme ecosystem of Robinhood Chain is growing rapidly. By the end of August, over 340,000 tokens had been issued on-chain, with application layer transaction fees reaching $114 million in August. The report states that the trading volume of Meme and tokenized stock trading pairs is also growing rapidly, with the trading volume of Meme tokens paired with Robinhood Stock Tokens reaching $518 million in August. The report points out that the current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood's own 27 million funded accounts have not yet been migrated to the chain on a large scale. The gas subsidies in the Robinhood wallet will continue until September 29, and the Earn yield is also planned to be gradually reduced.

X Platform post by Xu Jiayin stated that Bitget has commissioned a third-party security team to conduct an independent forensic investigation into this security incident. Multiple teams are working together to verify remedial measures, confirm the attack vector, and assist in law enforcement cooperation. The investigation results will be announced promptly.He stated that Bitget has sufficient protection funds to cover the related losses and will restore withdrawals as soon as all potential security risks are eliminated.