ZEC prices rise by 17%, Fed rate hike triggers $345 million bear squeeze

US Congressman Maxine Waters stated that Congress should not pass cryptocurrency related laws when the president is profiting, and that passing rules at this time would condone improper gains. （Bitcoin Archive）

Crypto.com 'North American Derivatives Exchange (Nadex) has completed registration with the US Securities and Exchange Commission (SEC), effective September 14th, and can trade securities and futures products through OG.com. Kris Marszalek stated that the company is collaborating with the SEC and the Commodity Futures Trading Commission (CFTC) to apply for the launch of single share perpetual futures to provide equity contract products with no fixed expiration date. (Source: The Block)

Mark Heifer, Chief Investment Officer of UBS Global Wealth Management, stated that the team is still planning for a stock market rally and is prepared for recent volatility. If the tightening remains moderate, credit spreads remain stable, and profits continue to grow, the upward trend is expected to expand to more industries and regions. It is recommended to diversify stock exposure while avoiding excessive concentration in areas that are particularly sensitive to interest rates or rely on a single return driver. (Source: Golden Ten Data)

The Chainalysis report points out that cases of hackers using open-source AI to implant malicious instructions into on chain transactions and smart contracts have surged 440% within a year, with daily incidents increasing from about 2 to about 11. Attackers manipulate devices to steal passwords and funds through malicious instructions on the chain, and redirect assets to designated wallets. Hackers with backgrounds in North Korea and Iran have become the main force of such activities, and open-source models support local operation and bypass cloud defenses. (Source: Bloomberg)

[Apollo Global Management Plans to Increase SoftBank Loan to $9 Billion] Apollo Global Management is in discussions with SoftBank Group to raise the loan amount from $5.4 billion to $9 billion to support SoftBank Group's investment in OpenAI. The loan is backed by assets from Vision Fund 2 and has not yet been finalized. SoftBank Group has committed $64.6 billion to OpenAI. (Source: Bloomberg)