OKX market data shows that BTC has fallen below 111,000 USDT, currently trading at 110,987.3 USDT, a 24-hour drop of 0.71%. (This newsletter was generated with AI assistance.)

Kinto's founder pledged $55,000 of personal funds to reimburse victims of the hack in Morpho lending pools, he said in the shutdown announcement. source: https://www.theblock.co/post/369731/ethereum-layer-2-kinto-shuts-down-in-wake-of-1-6-million-july-exploit?utm_source=rss&utm_medium=rss

The Central Reserve Bank of El Salvador (BCR) has announced the acquisition of 13,999 troy ounces of gold, equivalent to $50 million. source: https://www.cryptopolitan.com/el-salvador-gold-rush-13999-troy-ounces/

According to Cointelegraph, El Salvador is marking the anniversary of its Bitcoin legal tender law, which took effect in September 2021, with celebrations dubbed "Bitcoin Day." The country's Bitcoin Office has highlighted its strategic reserve, which now holds 6,313 BTC, valued at over $702 million. Additionally, a new banking law has been introduced, allowing Bitcoin investment banks to cater to sophisticated investors. As of 2025, 80,000 public servants have received Bitcoin certification, and the nation hosts several public education programs focused on Bitcoin and artificial intelligence. Despite being the first country to adopt Bitcoin as legal tender and establish a strategic reserve, El Salvador has adjusted its Bitcoin policies to comply with a loan agreement with the International Monetary Fund (IMF). This four-year experiment has produced mixed results, leaving the Bitcoin community divided over the implications of nation-state-level Bitcoin adoption. In January, El Salvador's legislature repealed the Bitcoin legal tender law and agreed not to purchase additional Bitcoin using public funds as part of a $1.4 billion loan deal with the IMF. The government also scaled back support for its Chivo Bitcoin wallet, which saw limited use among residents. An IMF report published in July revealed that El Salvador has not acquired new Bitcoin since signing the loan agreement in December 2024, causing concern within the crypto community. The report included a letter of intent signed by El Salvador's central bank president, Douglas Pablo Rodríguez Fuentes, and minister of finance, Jerson Rogelio Posada Molina, confirming that the government's Bitcoin balance remains unchanged. El Salvador's Bitcoin policies have faced criticism from some Bitcoin advocates and non-government organizations, who argue that the policies benefit the government more than the average citizens of the Central American country. Critics emphasize the need for more educational initiatives to fully harness the advantages of Bitcoin, the world's first decentralized peer-to-peer electronic cash system, and to encourage adoption by the local population rather than just government agencies and international corporations.

El Salvador’s president, Nayib Bukele, marked Bitcoin Day with a symbolic gesture, igniting speculation about the pioneer crypto’s trajectory. His remark comes at a time when historical patterns suggest turbulence may be ahead. Bukele’s Bitcoin Day Gesture Meets Market Seasonality Warnings On September 7, Bukele indicated on X (Twitter) that he was buying 21 BTC for Bitcoin Day. At present rates, with BTC trading for $111,175 as of this writing, this meant a purchase worth $2 source: https://beincrypto.com/el-salvadors-nayib-bukele-bitcoin-day/

엘살바도르의 대통령 나이브 부켈레는 비트코인 데이를 상징적인 제스처로 기념하며, 선구적인 암호화폐의 향방에 대한 추측을 불러일으켰습니다. 그의 발언은 역사적 패턴이 변동성을 예고하는 시점에 나왔습니다. 부켈레 비트코인 데이 제스처…시장 계절성 경고 9월 7일, 부켈레는 X(트위터)에서 비트코인 데이를 위해 21 BTC를 구매한다고 밝혔습니다. 현재 비트코인 가격이 111,175달러인 상황에서 이는 2 source: https://kr.beincrypto.com/el-salvadors-nayib-bukele-bitcoin-day/

El Salvador was the first country to make Bitcoin legal tender, but it has since scaled back its Bitcoin laws and public sector involvement. source: https://cointelegraph.com/news/el-salvador-bitcoin-anniversary-mixed-results-4-years?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On Sep 07, 2025, 21:00 PM(UTC). According to Binance Market Data, Ethereum has crossed the 4,300 USDT benchmark and is now trading at 4,300.279785 USDT, with a narrowed 0.49% increase in 24 hours.

Increasing hash rates are good for the security of the network but also increase operational cost for miners. source: https://ambcrypto.com/bitcoin-faces-tougher-mining-conditions-will-btcs-selling-trend-reverse/

Solana (SOL) upcoming Alpenglow upgrade promises a seismic performance boost. With validators voting overwhelmingly in favor, the network will cut consensus finality from about 12. 8 seconds to roughly 0. 15 seconds and push peak throughput above 100,000 transactions per second (TPS) source: https://www.thecoinrepublic.com/2025/09/07/what-is-alpenglow-upgrade-and-why-is-it-bullish-for-solana/

The "RWA and Stablecoin" roundtable at the first CRYPTO Raver conference brought together early blockchain practitioners, traditional financial executives, real economy operators, policy researchers and other bigwigs.

As of 2025, the holding structure of Ethereum (ETH) is highly centralized, with the top 10 addresses controlling approximately 61% of the circulating supply, but this is mainly dominated by institutions, contracts, and exchanges, rather than individuals.

The August DApp industry report shows that although overall on-chain activity has cooled, several key areas are still showing strong development momentum.

Good news every day may bring excitement, but if the entry threshold remains high, liquidity remains poor, and consensus remains weak, these positive news will have little impact on most people.

This issue reviews Strategy's DAT business-related content for your reference.

This week, 18 blockchain startups raised a total of $508.7 million. AlloyX Limited secured $350 million in a mergers and acquisitions (M&A) round from Solowin, the largest round of the week.

United States, Cryptocurrency, Federal Reserve, The wave of U.S. bankruptcies in 2025 and its profound impact on the economy and markets Golden Finance, In 2025, the U.S. economy is at a critical crossroads.

Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

If decentralization dies once it becomes inconvenient, did it ever really exist?