Exchanges liquidated $370 million of crypto futures bets as bitcoin confounded expectations for a move lower while gold topped $3,500 an ounce for the first time.

General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement

[Michael Saylor: Strategy Bitcoin Yield Reaches 25.7%] Michael Saylor posted on social media that Strategy's Bitcoin yield year-to-date is 25.7%. As of September 1, the company has accumulated a total of 636,505 Bitcoins, with an average purchase price of $73,765.

The current price of ETH is $4330.68, a decrease of 1.33% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.43 million US dollars, with multiple orders being the main liquidation and 5.57 million US dollars (48.76%) of ETH liquidation. The data is for reference only.

[U.S. Congress Resumes, Crypto Market Legislation Becomes Focus] After the U.S. Congress ended its recess, legislation on cryptocurrency market structure has become a key agenda item. The Senate Banking Committee plans to revise the market structure draft by the end of September, while the Senate Agriculture Committee will also release a draft covering CFTC regulation. Senator Cynthia Lummis expects the relevant bill to potentially be signed into law before Christmas. Meanwhile, the Small Business Administration has required banks to rectify illegal 'de-banking' practices by December 5, and the Consumer Financial Protection Bureau has acknowledged previous issues of power abuse.