PANews

PANews September 3 news: According to on-chain analyst Ai Yi’s monitoring, Binance futures live-trading smart money “Semisemi” earned over $10.78 million in the past 30 days, including $8.06 million from BTC long positions and $3.91 million from ETH long positions. It currently still holds $95.59 million worth of BTC and ETH long positions, with an unrealized loss of $1.885 million.

PANews reported on September 25 that, according to official data, in the 7 days through September 21, Circle issued approximately 10.1 billion USDC and redeemed approximately 9.8 billion USDC, resulting in an increase of approximately 300 million USDC in circulation. The total circulating supply of USDC was 74.6 billion, with reserves of approximately $74.8 billion, including approximately $41.2 billion in overnight reverse Treasury repos; approximately $26.5 billion in Treasuries with maturities of less than 3 months; approximately $5.9 billion in deposits with systemically important institutions; and approximately $1.2 billion in other bank deposits.

Author: Chenyang, Chuangyebang
Nscale, an AI cloud services company backed by Nvidia with both funding and chips, as well as guarantees for its lease obligations, is going public.
The company, founded less than three years ago, has formally filed an S-1 registration statement with the U.S. SEC and plans to list on the NYSE under the ticker “NSCL.”
Nscale plans to conduct its IPO at a valuation of up to $35 billion (approximately RMB 235 billion), seeking to raise up to $3 billion (approximately RMB 20.1 billion). In March this year, the company had just completed a $2 billion Series C financing at a valuation of $14.6 billion. Its valuation more than doubled in six months.
According to its prospectus, Nscale generated $140.6 million in revenue in the first half of 2026, up 1,252% year over year, but recorded a net loss of $1.02 billion.
Nscale is headquartered in London and was founded in May 2024 by its founder J.

KelpDAO has filed a lawsuit against LayerZero and Bryan Pellegrino over this year’s attack on rsETH’s LayerZero cross-chain bridge, accusing them of negligence, concealing technical weaknesses and risks, and failing to prevent the security infrastructure from being compromised, allowing attackers to exploit the vulnerability. Following the incident, the bridge was migrated to a more secure standard, with user asset security emphasized as the top priority. The complaint has been made public, and the case is awaiting court proceedings.

Iranian Foreign Minister Abbas Araghchi said at the UN General Assembly that Iran had proposed a plan to the United States to reopen the Strait of Hormuz within seven days. The plan is based on a memorandum of understanding reached in June and would only be implemented if specific conditions are met. He said it would be better to complete it before the US midterm elections, but the timing depends on the US decision, and Iran is not in a hurry to move forward.

On September 24 U.S. Eastern Time, spot Bitcoin ETFs recorded net inflows of approximately $191 million. BlackRock’s IBIT saw the largest inflow at $163 million, with historical inflows of $65.185 billion, followed by Fidelity’s FBTC at approximately $12.86 million, with historical inflows of $11.014 billion. WisdomTree’s BTCW saw the largest outflow at approximately $4.0161 million. Total net assets stood at $108.915 billion, the ETF net asset ratio was 6.43%, and cumulative net inflows totaled $57.412 billion.

According to SoSoValue data, on September 24, Ethereum spot ETFs recorded approximately $66.0113 million in net inflows for the day, bringing total net inflows to $13.853 billion. The top two performers that day were BlackRock’s ETHA ($26.806 million) and Fidelity’s FETH ($21.4535 million). As of press time, total net assets stood at $17.695 billion, with a net asset ratio of 5.39%. ETHA’s cumulative historical net inflows totaled $13.233 billion, while FETH’s stood at $2.416 billion.

PANews reported on September 25 that, according to CNBC, U.S. Defense Secretary Pete Hegseth declared at least $3.1 million in household cash, retirement investments, and Bitcoin assets in his latest 2025 financial disclosure. The household also reported three cash accounts, including one with a balance exceeding $1 million, as well as Bitcoin worth approximately $16k to $65k.

Block has joined the x402 Foundation, which is dedicated to advancing open standards for AI Agent payments and contributing Bitcoin Lightning payment capabilities to x402, providing infrastructure for payments between individuals, businesses, and AI Agents. The x402 Foundation was established under the Linux Foundation in April this year, with support from Google, Microsoft, AWS, Coinbase, and the Solana Foundation.

PANews, September 25 — Bybit CEO Ben Zhou posted that the Bybit team is ready to provide Bitget with any assistance within its capabilities. Previously, when Bybit suffered a hack, Bitget provided assistance.

PANews reported on September 25 that Bitget officially posted an update on its protection fund. The fund holds 5,500 BTC, worth approximately $464 million at the current price, and all wallet addresses are publicly available for on-chain verification at any time. The fund is specifically used to address platform-level threats such as cybersecurity incidents and protect user assets. Bitget stated that, following an assessment, the losses caused by this hot wallet incident will be covered by the protection fund, which will be replenished. Further details and compensation terms will be announced separately.

PANews reported on September 25 that Bitget’s head of the Chinese-speaking region, Xie Jiayin, said in a statement that a third-party security team had been commissioned to conduct an independent forensic investigation into the incident. Multiple teams are working together to verify remedial measures, confirm the attack vector, and assist with law enforcement cooperation. The investigation results will be shared promptly once the matter has been resolved. Withdrawals will be reopened as soon as all potential risks have been eliminated.

PANews reported on September 25, citing Cointelegraph, that French semiconductor company Sequans Communications has sold its remaining 314 Bitcoin, fully exiting its Bitcoin reserve strategy. The semiconductor company previously held more than 3,200 Bitcoin. Sequans said the exit followed the redemption of convertible debt in May, enabling the company to refocus on its core cellular Internet of Things (IoT) and software-defined radio businesses.

Bankless co-founder David Hoffman revealed Cypherpunk Technologies (CYPH) transaction records on X: he bought at $0.6848 on June 8; it closed at $4.08 on September 24, with an intraday high of $4.14, up approximately 496%. He had previously sold all his ETH in May, then shifted into VVV, NEAR, ZEC, HYPE, and LIT in June, all of which gained over 100%.

PANews September 25 news: Lookonchain monitoring shows that Metalpha withdrew 11,179 ETH worth $30.12 million from Binance one hour ago.

This article assesses the liquidity and risks of the Coinbase stock token on Base. The $100k quote is only a momentary estimate and cannot represent the market’s capacity to absorb large sell-offs; pool balances alone are insufficient to directly indicate capacity. After-hours trading still takes place when U.S. stocks are closed, while the oracle maintains the old price; the actual selling price is determined by the secondary market, and changes in incentives and governance may rapidly drain funds.

PANews, September 25 — Lookonchain monitoring shows that wallet bc1qln transferred out 4,500 BTC worth $381.38 million after being dormant for more than four years.

PANews September 25 news: According to on-chain analyst Ember, a whale/institution transferred 541,000 HYPE (approximately $49.54 million) to Kraken. These HYPE were withdrawn from Coinbase Prime half a month ago at an average price of $73.9. They were transferred to Kraken today at a price of $91.5, with an estimated profit of $9.52 million.

The Solana Foundation has appointed former Binance executive Rachel Conlan as Chief Strategy Officer, responsible for strategic initiatives including institutional partnerships, ecosystem growth, and enterprise adoption; it has also appointed Jamal Raees as General Manager of Payments, driving the flow of funds for payment companies and enterprises on Solana.

PANews September 25 news: According to monitoring by Specter, the hack of Bitget was linked to the North Korean hacking group Lazarus Group. The incident was connected to the AFX attack that occurred in July this year, which caused approximately $24 million in losses and was attributed to TraderTraitor, a group linked to Lazarus Group.

Genius’s adjustment to its points rules has sparked dissatisfaction. Co-founder Ryan Myher said that points are merely an additional benefit of trading crypto assets, and users agreed to the airdrop terms when using the platform; users from SZN1 onward effectively agreed twice. Those who do not accept the terms cannot use the platform. The adjustment was made because daily trading volume declined, resulting in fewer points being distributed. He pledged to operate the project for the long term and said his own tokens would not be unlocked first. It was previously reported that the unlocking of 70 million tokens would be postponed until 2028.