MarsbitNews

Mars Finance news, September 3: Market news: The Bank of Japan is reportedly inclined to raise interest rates by 25 basis points and plans to adopt flexible policy measures going forward.

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Original source: Jin10
As U.S. long-term Treasury yields climb to their highest levels in more than two decades, Treasury Secretary Bessent’s move to expand the U.S. debt buyback program is facing a new round of scrutiny from Congress.
Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, wrote to Bessent on Wednesday, demanding that the Treasury explain a series of measures recently taken in the U.S. Treasury market. She called these operations “unprecedented and chaotic interventions” and asked whether the Treasury plans to fund a further expansion of long-term Treasury buybacks by reducing the cash balance in the Treasury General Account (TGA).
Warren also asked Bessent to explain whether, beyond the buyback program, the Treasury is considering other measures to lower long-term Treasury yields, and the extent to which rising long-term interest rates have already been passed through to household financing costs such as mortgages and auto loans. She asked the Treasury to respond by October 21.

Mars Finance reports that, according to on-chain analyst Ai Yi’s monitoring, an address shorted 400 BTC with 40x leverage, valued at $33.13 million, at an entry price of $83,171.7. It currently has an unrealized profit of $134,000.

Mars Finance reported that on October 8, Metis announced the launch of the Metis Rise monthly developer incentive program, rewarding teams that deploy new AI Agents on the Metis Andromeda mainnet, acquire real users, and generate real on-chain economic activity. Metis stated that while many teams can currently build Agents capable of answering questions, there are still very few Agents that can receive payments, prove their identities, and earn sustained transaction trust. Metis Rise aims to support developers in exploring this direction, help them innovate, and promote the growth of AI Agent applications within the Metis ecosystem. Metis also stated that it is building an execution and data layer for AI Agents, Andromeda

The Kyrgyzstan government has terminated operations of the national stablecoin USDKG and liquidated its issuer, “Virtual Asset Issuer” (later renamed EVA), as well as the state-owned exchange Coin Nomad Exchange. USDKG was launched in November 2025, backed by physical gold and pegged 1:1 to the U.S. dollar, with an issuance of approximately 50 million tokens, and operated on the Tron blockchain. It was originally intended to serve as a cross-border settlement instrument and was expected to operate until at least 2034. To optimize the management of state-owned assets, holders may exchange it for fiat currency or USDT.

On October 7, Advanced Micro Devices (AMD) CEO Lisa Su told the media in Seoul that, amid continued supply constraints, AMD is working with customers to optimize memory usage. Deep partnerships established across the memory supply chain have helped AMD maintain its growth. Su said AMD is “very satisfied” with HBM4, calling its performance “extremely impressive.” Samsung and SK hynix have provided “strong support” for HBM4. AMD believes its HBM partnerships will extend across multiple generations. In addition, AMD is encouraging memory suppliers to expand capacity as soon as possible. (Jiemian)

Mars Finance News, October 8: According to monitoring by TradingBeats, NEAR is trading at approximately $5.333, up about 7.96% over the past 24 hours. Two whales currently hold a combined approximately $5.764 million in NEAR long positions on Hyperliquid, with unrealized profits of about $70,000. Both placed large orders today, including:
At $5.487 to $5.987, one long position holder placed 99 “reduce-only” sell orders this morning, totaling approximately $4.459 million and covering about 98% of the current position.
The account currently holds approximately 791,600 NEAR in long positions, worth about $4.222 million, with an average entry price of $5.29984 and unrealized profits of about $27,000. The first take-profit price of $5.4876 is approximately 2.9% above the current price, meaning that if the uptrend

Mars Finance reports that the Orca community released a token holder proposal on September 29, proposing to adjust the protocol fee allocation to 10% flowing into the xORCA pool, 10% allocated to the team buyback account, and 80% used for team operations. The proposal also plans to transfer approximately 14.2 million ORCA from the community treasury and approximately 70,000 SOL from the fee treasury to a team-controlled account, dissolve the council, and shift to governance solely by token holders. The original allocation was 20% to xORCA, 30% to the fee treasury, and 50% to the team, later adjusted to 40% / 10% / 50%. The team said it has negotiated the acquisition of a leading Solana DeFi protocol, which is expected to bring approximately 50% TVL growth. The vote requires 3 million yes votes, lasts 5 days, and the council can veto it with 4 votes. Risks include centralized control and xO

Mars Finance reports that the U.S. Department of Defense will provide Wolfspeed with up to $1.5 billion in conditional senior secured loans with a 30-year term to boost domestic U.S. production capacity for silicon carbide materials and wide-bandgap power devices. The transaction terms are still under negotiation, and Wolfspeed will provide the Department of Defense with warrants to purchase up to a 7.5% stake in multiple tranches. The company filed for bankruptcy due to capacity issues at its silicon carbide wafer plant last year and plans to use the funds to expand production and increase its supply capacity for materials and devices used in military communications systems. Following the announcement, Wolfspeed rose more than 28% in after-hours trading.

Mars Finance News, October 8: L4 autonomous driving company “White Rhino” officially announced the completion of its Series C2 financing round, bringing its total Series C financing to $100 million. The Series C2 round was led by Yishan Capital, with participation from Xiangtan state-owned capital, Shenzhen Investment Group, Hunan Caixin, South Korea’s Woori Financial Group, Bozheng Capital, and others. The funds will be focused on iterating L4 end-to-end technology and physical AI capabilities, continuously expanding the urban operations network, and further deepening ecosystem collaboration with industry partners to establish a complete closed loop encompassing technology, products, operations, and the ecosystem.

Mars Finance News, October 8: Google announced that it is expanding access to its AI-generated content detection tool SynthID, making SynthID Detector available to users worldwide to help determine whether images, videos, or audio content were generated by artificial intelligence. The tool currently supports detecting content generated by AI tools developed by Google and its partners, including products from OpenAI, NVIDIA, and Kakao. Apple will also be added to the list of supported companies in the future. (Wide-Angle Observation)

Mars Finance reports that on October 8, according to market data, Bitcoin fell below $83,000 and is currently trading at $82,914.32, down 0.62% over the past 24 hours. On the news front, the U.S. government continued transferring large amounts of crypto assets early in the morning, transferring a cumulative $670 million worth of tokens over nearly 32 hours.

Mars Finance reports that ocean embodied intelligence company “Weilan Deep Sea” has completed five rounds of financing within nine months, advancing to the Angel ++++ round. Its core shareholders include institutions such as Shenzhen Capital Group and Oriza Origin. The funds will primarily be used to train underwater embodied intelligence models, build an underwater embodied intelligence training center, and deepen the application of robots in marine oil and gas energy scenarios.

Mars Finance reports that Oracle is in talks with Apollo and Goldman Sachs on a dedicated financing arrangement to purchase Nvidia chips for a 1-gigawatt data center. The financing may involve an off-balance-sheet entity purchasing and leasing the chips back, easing the funding gap between hardware expenditures and cloud revenue, reducing debt costs, and enhancing its competitiveness with major tech companies. The specific amount has not been determined, but the cost could reach several billion dollars.

Nooklab (NOOKLAB) has completed multiple rounds of financing, with investments from Sequoia China, Linear Capital, and others. The total amount raised was several hundred million yuan, and its valuation is close to $100 million. The two rounds of financing took place mainly at the beginning of this year. Founder Raymond was born in 1996 and has worked at OPPO, OnePlus, Anker, and ByteDance. He also participated in the second-generation AI glasses developed by the Ocean team. The company’s first product, Moonphase Flip, weighs 54 grams and attaches to the back of a phone via MagSafe. It is positioned as a low-disruption AI companion screen, with overseas markets as its primary focus. The team has approximately 30 members.