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.

A U.S. bankruptcy court in New Jersey approved reopening the bidding for Poolin’s Texas bitcoin mining assets, with an affiliate of Hut 8 serving as the stalking-horse bidder. The maximum purchase price could reach $180 million, including $100 million payable at closing and up to $80 million in milestone payments. The additional payments are tied to AI/high-performance computing, cloud computing, and colocation data center development projects, but do not cover mining equipment. The originally proposed $140 million transaction will undergo a renewed auction due to a bidding dispute. The public auction is scheduled for October 2, and other bidders must submit offers by October 1. The court said the reauction was intended to maximize creditors’ interests.

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Author: Jae, PANews
Once regarded as the “Ethereum yield engine,” LRT (liquid restaking) protocols are undergoing a collective transformation.
On September 29, a notice from LRT leader ether.fi poured cold water on the restaking market. The protocol, once viewed as a benchmark for the sector, announced that it would officially divest its restaking business by the end of this quarter and fully transition to a Neobank (crypto bank). CEO Mike Silagadze stated bluntly that restaking no longer offers meaningful yield opportunities and also carries significant security risks, making an exit the rational choice.
As of September 30, the total value locked in the liquid restaking market stood at approximately $1.45 billion, but the entire sector generated only about $100,000 in protocol revenue over the course of a week.
ether.fi is not the first to change course, nor will it be the last. Liquid restaking

Mars Finance reports that Ethena founder Guy Young said on social media that he is aware of the current “security incident involving a certain Ethereum node operator.” The reserve assets backing USDe currently have no direct exposure to stETH or any other liquid staking tokens. No impact on Ethena is expected.

Micron’s chairman and CEO said at the earnings conference that the structural growth gap between supply and demand has led to persistent supply shortages. Even adding new DRAM cleanrooms will be insufficient to reverse the situation. HBM demand is expected to continue outperforming traditional DRAM through 2028. He also said that most of the HBM supply for 2027 has already been contracted, with prices rising significantly and narrowing the gross margin gap between HBM and traditional DRAM.

Mars Finance reports that on-chain trading platform Arcus announced on X that Arcus Points are now live. Season 0 has completed settlement and rankings, and users can connect their wallets to view their rankings. Arcus also stated that Season 1 is now underway. Arcus is an on-chain perpetual futures trading platform for professional traders and previously launched points-related campaigns.

Decrypt announced the launch of The Information Exchange, powered by Myriad on Solana, with MYR serving as the coordination layer. It integrates news, data, prices, and probabilities across prediction markets, spot markets, perpetuals, and structured events. MYR is used for staking to access network resources. With approximately 1.6 million monthly active users and 3.7 million page views, a portion of the revenue will be used for buybacks and ecosystem development. The rollout will take place in phases over the coming weeks, through Solana Breakpoint.

Micron’s chairman said that physical AI will become another massive market after data centers, with autonomous driving among the first applications to be deployed, and will eventually expand to autonomous systems such as humanoid robots. L4+ vehicles typically have more than 200 GB of in-vehicle memory, reaching the terabyte level, far exceeding current levels; humanoid robots will have similar storage needs. As the number of devices increases, physical AI will become a key driver of storage demand by the end of the century.

Mars Finance reports that DogeOS has announced the launch of a Dogecoin-based application layer public testnet that is EVM-compatible, enabling developers to build applications within the Dogecoin ecosystem. Testnet transaction fees are paid in DOGE, and integrations already include lending, perpetual contracts, stablecoins, and prediction market aggregators. DogeOS was initiated by the MyDoge wallet team and uses zkVM technology to operate as an independent Layer without altering the underlying Dogecoin network. The mainnet launch date has not yet been announced.

Mars Finance news, October 1: According to official information, DIESEL is now live on the Trade.xyz platform, supporting 10x leverage and 24/7/365 trading. Trade.xyz stated that the DIESEL perpetual contract tracks the U.S. dollar price per gallon of ultra-low sulfur diesel (ULSD) at the Port of New York.

Mars Finance reports that according to monitoring by Ai Yi, an address bought 1,486.37 ETH on-chain at 3 a.m. at a price of $2,710.23, worth $4.028 million; it is currently down $33,000.

According to Coinglass data, Hyperliquid whales hold a total of $9.233 billion, including $4.324 billion in long positions (46.83%) and $4.909 billion in short positions (53.17%). Long positions have a profit of $535 million, while short positions have a loss of $588 million. Whale address 0x5b5d..60 opened a 5x leveraged short position on ETH at $2,304.06, with an unrealized loss of approximately $40.4085 million.

In an interview with The Rollup, Robinhood CEO Vlad Tenev said the company will significantly expand the number of stock tokens from approximately 200 to several thousand, and plans to move forward with launching private stock tokens. Through Robinhood Ventures, it is building relationships with private companies and assisting them as an underwriter in developing retail investor strategies for when they go public.

U.S. August PCE inflation came in below expectations, prompting Goldman Sachs to push back its forecast for the Fed’s second rate hike of the year from October to December, while not ruling out the possibility that no further hike will ultimately be needed. Market expectations for an October rate hike are around 39%, compared with about 90% for December; the PCE data did not significantly alter the inflation trend. Second-quarter GDP was revised up to 2.2%, and August consumer spending rose 0.9%, pointing to strong economic resilience, though inflation challenges remain.