According to Onchain Lens, on September 4th, the newly created address 0x900 withdrew 17,000 ETH from Binance, worth approximately $75.81 million. At the same time, the whale at address 0x8e0 also transferred 2,312 ETH from Kraken, worth approximately $10.31 million.

U.S. Bank (headquartered in Minnesota) now offers Bitcoin custody services to institutional investors and has added support for Bitcoin ETFs.

Well-known investor Kevin O'Leary recently teamed up with two other investors to purchase a $13 million Kobe Bryant-Michael Jordan autographed sports card as part of his rare physical collectibles index. O'Leary bluntly stated that the NFT market is a passing fad, preferring tangible, physical assets. He noted that these collectibles may be tokenized in the future for better management and trading. O'Leary also remains bullish on the investment potential of Bitcoin, Ethereum, and related blockchain infrastructure, emphasizing that blockchain can enhance market transparency, liquidity, and trust.

France's data protection authority on Wednesday fined U.S. search giant Google (GOOG.O) a record 325 million euros ($380 million) for failing to comply with internet cookie regulations. The regulator said Google was fined for displaying ads between Gmail users' emails without their consent and for placing cookies without valid consent when users created a Google account.

According to The Block's Data and Insights report, Bitcoin's share of the crypto market has fallen from a peak of 62% to 55%, indicating that the market is entering the early stages of a rotation of capital from Bitcoin to altcoins. Ethereum (ETH) and Solana (SOL) are attracting renewed attention from both institutional and retail investors, while several digital asset treasuries are raising funds and purchasing assets through publicly traded entities, supporting the potential rise of altcoins. The report indicates that if the market continues to favor riskier assets, altcoins have room for further growth in the fourth quarter, but the key lies in whether genuine physical demand can be generated, rather than relying solely on short-term fluctuations driven by derivatives.

Nasdaq-listed SUI Group Holdings (formerly Mill City Ventures) announced that its holdings of SUI tokens have surpassed 100 million, valued at approximately $344 million. This represents an increase of approximately 20 million tokens. Chief Investment Officer Stephen Mackintosh stated that the company will continue to increase its capital by purchasing discounted locked-up SUI tokens to create value for shareholders. The company currently has approximately $58 million in cash reserves, which can be used to further increase its holdings of SUI tokens.

Following the closure of the U.S. Commodity Futures Trading Commission (CFTC) investigation, crypto prediction market platform Polymarket received a joint "no action" letter from the CFTC's Division of Market Regulation and Division of Clearing and Risk, allowing it to re-enter the U.S. market under certain conditions. CEO Shayne Coplan stated at X that the approval process was completed in record time.

The U.S. Senate Banking Committee will hold a hearing Thursday morning local time for Stephen Milan, Trump's nominee for the Federal Reserve Board. In his pre-submitted testimony, Milan stated, "In my view, the central bank's most important mission is to prevent depression and hyperinflation. The independence of monetary policy is a key element to its success." Milan stated, "If confirmed, I intend to faithfully carry out my duties in accordance with the mandate granted by Congress. My opinions and decisions will be based on macroeconomic analysis and judgment about what is best for long-term management. The Federal Open Market Committee is an independent body with a significant mandate, and I intend to maintain that independence and serve the American people to the best of my ability." However, Milan also raised questions about the Fed's oversight of activities outside of its dual mandate, including its balance sheet. "The Federal Reserve oversees the world's most important financial institutions," he stated. "It sets different prices for borrowers and lenders (including other central banks). The ultimate composition of the Fed's balance sheet is an open question." (Jinshi)

According to Cointelegraph, the 2025 Global Cryptocurrency Adoption Index released by Chainalysis shows that India, the United States and Pakistan rank in the top three, followed by Vietnam and Brazil.

Federal Reserve Chairman Kashkari: There is good reason to believe that the economy will cool moderately, and there is room for a moderate reduction in interest rates. (Jinshi)

From the shock of the Bitcoin white paper, to the product-market fit of stablecoins, to the overlap of Crypto and AI, and advice to founders.

Recommended reading tonight: 1. The first truly on-chain US stock: A detailed explanation of the Galaxy GLXY tokenization; 2. Who is Superstate, the dark horse in stock tokenization?; 3. Jack Ma also buys cryptocurrency? Ethereum welcomes a "new big brother";

ETH, is Jack Ma also buying the coin? Ethereum welcomes a "new big brother". Golden Finance, the cryptocurrency circle seems to have a new "big brother".

Coinbase CEO Brian Armstrong revealed that over 40% of the exchange's codebase is currently generated by artificial intelligence, more than doubling since April. Armstrong is aiming to increase the number to 50% by next month, signaling a bold commitment to integrating AI across the company’s development processes.

Polymarket has been approved by the CFTC to relaunch in the U.S. after past fines and federal investigations. The platform can now operate legally following its $112 million acquisition of QCX, with support from high-profile investors including Donald Trump Jr.

Thailand is scrambling to hold an election before the end of the year, after the caretaker Prime Minister Phumtham Wechayachai reportedly tried to seek the royal's approval to dissolve the House of Representatives.

OpenAI has increased its employee share sale from $6 billion to $10.3 billion, letting current and former staff sell part of their stock. The sale, at a $500 billion valuation, involves major investors like SoftBank and reflects strong demand for the company’s private shares.

AI Agents and DAOs may seem very different on the surface, but if you look beneath the surface, you’ll find they are two sides of the same coin.

What kind of company is Superstate, and why did Galaxy tokenize its stock? What other examples of Superstate stock tokenization are there? Is stock tokenization a trend?