According to crypto analyst Ember (@EmberCN), a whale address that appeared on the Trump dinner rankings under the username "ivo" withdrew 1 billion PUMP tokens (approximately $8.51 million) from Bybit five hours ago. Its total holdings now stand at 5 billion PUMP tokens (approximately $39.42 million), with a profit of approximately $19.65 million, doubling its holdings. This address had already accumulated 4 billion TRUMP tokens a month prior. Combined with this transaction, its average PUMP holdings are worth $0.00395.

According to a U.S. government official, BlackRock executive Rick Rieder continues to rise in the rankings of contenders to succeed him as Federal Reserve chairman. The official, who requested anonymity to discuss private meetings, said U.S. Treasury Secretary Benson & Co. held a wide-ranging, two-hour interview with Rieder in New York last Friday, discussing topics including monetary policy, the Fed's organizational structure, and regulatory policies. The official emphasized that the selection process is ongoing, with Benson & Co. interviewing four of the 11 open candidates and expecting one or two new candidates to be considered. A source familiar with the Treasury secretary's thinking said Benson & Co. was impressed by Rieder's extensive experience managing large teams in financial markets and his deep understanding of micro and macroeconomics. The source said Rieder would bring a steady hand and deep knowledge of non-bank financial institutions to the helm. Earlier this week, Reed told CNBC that, based on his reading of economic indicators, he believed the Fed should cut interest rates by 50 basis points—double the amount widely expected at this week's FOMC meeting. (Golden Ten)

Following the announcement of the community voting results, Native Markets, which submitted a proposal for the issuance and management of the Hyperliquid USD stablecoin (USDH), announced its successful claim to the USDH token symbol. Founder Max Fiege stated that the project will release its first Hyperliquid Improvement Proposal (HIP) and simultaneously launch an Ethereum-based ERC-20 token in the coming days. He explained that the initial phase will be a testing phase, with a single minting and redemption limit of $800, available only to a select group of users. Subsequently, the USDH/USDC spot trading pair will be launched, with unlimited minting and redemption. Previously, synthetic stablecoin issuer Ethena announced its withdrawal from the competition last Thursday, causing Native Markets' probability of selection to soar to over 99% on Saturday according to Polymarket's prediction market. The USDH token symbol race has garnered widespread attention from the community and industry, sparking discussion about the fairness of the selection process and the future of the stablecoin industry. (The Block)

OKX market data shows that SOL has fallen below 240 USDT, currently trading at 239.94 USDT, a 24-hour drop of 1.16%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has broken through 116,000 USDT and is currently trading at 116,013 USDT, a 24-hour increase of 0.05%. (This newsletter is generated by AI)

OKX market data shows that PUMP rose above $0.008994, setting a new historical high. It is currently trading at $0.008642, with a daily increase of more than 38%.

According to official news, Gate Alpha will launch its 40th WAI Points airdrop at 18:00 (UTC+8) on September 15th. This airdrop will utilize a tiered airdrop system for the first time. Users holding ≥110 Gate Alpha Points will receive 120 WAI tokens, which will cost 12 Gate Alpha Points. Those holding ≥156 Gate Alpha Points will receive 430 WAI tokens, which will cost 15 Gate Alpha Points. The 41st ZKC Points airdrop will also begin at 21:00 (UTC+8) on September 15th. Users holding ≥156 Gate Alpha Points will receive 100 ZKC tokens. Quantities are limited and will be distributed on a first-come, first-served basis. This event will cost 15 Gate Alpha Points. Gate Alpha now supports popular public chains such as SOL, ETH, BNB Chain, Base, SUI, ARB, World Chain, AVAX, POLY, LINEA, ZK and OP. It can also realize seamless transactions of all-chain tokens through the contract address search function, open up cross-chain transaction links, and realize one-click access to all on-chain tokens.

According to an official announcement, Binance Alpha will list Boundless (ZKC), with Alpha trading opening at 8:30 PM on September 15, 2025. Eligible users can claim a 90-token airdrop of ZKC tokens by using Alpha Points within 24 hours of trading opening. The Binance Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users with at least 206 Alpha Points will be eligible to claim the airdrop. Phase 2 (last 6 hours): Users with at least 190 Alpha Points will be eligible to participate on a first-come, first-served basis. The minimum required to claim the airdrop will automatically decrease by 15 Alpha Points every hour until all rewards are distributed. Please note that claiming the airdrop will cost 15 Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, the airdrop will be deemed forfeited.

David Mericle, chief U.S. economist at Goldman Sachs, said the key question for the September FOMC meeting is whether the committee will signal that this could be the first of a series of rate cuts. "We expect the statement to acknowledge the softening of the labor market, but we don't expect it to change policy guidance or acquiesce to an October rate cut."

OKX market data shows that ETH has fallen below 4500 USDT, currently trading at 4499.04 USDT, a 24-hour drop of 3.34%. (This newsletter was generated with AI assistance)

What are the new highlights of USAT? What is the significance of Tether's move?

For the first 15 years after the advent of cryptocurrencies, American institutional investors could only watch helplessly as the market rose and fell in the violent swings of boom and bust.

Pakistan is inviting major global cryptocurrency firms to operate under a new federal framework, offering licences only to companies already regulated in leading markets. The move aims to formalise the country’s \$300 billion crypto market, attract investment, and modernise the financial system, but faces challenges from energy limits and international concerns.

Despite billions of dollars in liquidity flowing between protocols daily, the lack of measurement of value creation is threatening the sustainability of DeFi.

Coinbase has unveiled a comprehensive public guide outlining its digital asset listing process, aiming to address longstanding controversy and reinforce its commitment to transparency as it faces mounting revenue pressure and industry competition.

The next few years will be a critical period to test whether stablecoins can become a secure, regulated and widely used cornerstone of global digital finance.

USAT is expected to be officially launched before the end of 2025 and will initially be open to U.S. residents, businesses and institutional users.

A North Korea-linked group used AI to create a fake South Korean military ID and launch a phishing campaign targeting journalists, researchers, and human rights workers. The attack highlights the growing use of AI in cyber-espionage, with authorities warning of increased risks and urging stronger security measures.

The long-awaited Dogecoin ETF has once again been pushed back by the U.S. Securities and Exchange Commission (SEC), with its launch now tentatively slated for next Thursday instead of the original September 12 deadline.

The DAT market from now to the fourth quarter will be dominated by Alt DATs that use the PIPE issuance mechanism because they have the fastest listing speed and can generate immediate scale effects on the underlying tokens.