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The liquidity pledge protocol Lido announced an update to the EarnUSD fee model, which will reduce fixed fees and make fees more directly linked to the performance of the treasury. Previously, the EarnUSD fees were more platform-oriented, consisting of a 1% management fee plus a 10% performance fee.According to the announcement, the new model caps the management fee at 0.5% plus a 20% performance fee, with the initial rate set at a 0.2% management fee plus a 15% performance fee. Lido stated that after the management fee is reduced from 1% to 0.2%, the costs of holding EarnUSD will be lower when returns are low, and the higher performance fee will make the charges more aligned with actual returns. Relevant fees will be displayed on the EarnUSD treasury interface.

The on-chain trading platform Arcus announced on platform X that Arcus Points have been launched. Season 0 has completed settlement and ranking, and users can connect their wallets to view their rankings.Arcus also stated that Season 1 has now begun. Arcus is an on-chain perpetual contract trading platform aimed at professional traders and has previously launched activities related to points.

Asian stock markets are expected to have a volatile start on the first trading day of October, as fluctuations in Wall Street erased gains from lower-than-expected U.S. inflation data. Chris Osmond, Chief Investment Officer of Fifth Third Wealth Advisors, stated that economic growth in the second quarter was stronger than expected, consumer spending remained robust, the job market rebounded in September, and the Fed's preferred inflation indicator was below expectations, reducing the likelihood of an interest rate hike in October.

According to the Financial Times of the UK, the artificial intelligence voice startup ElevenLabs has doubled its valuation to 22 billion dollars.

According to Techcrunch, durable workflow infrastructure startup Restate announced the completion of a $20 million Series A funding round, led by Singular, with participation from Redpoint Ventures and Capital One Ventures.Restate was founded in 2022 and is headquartered in Berlin, focusing on building multi-step workflow execution engines that can withstand crashes and network interruptions, leveraging self-developed storage, replication, and redundancy layers, with advantages of high speed and lightweight architecture. Recently, it has signed six-figure to seven-figure contracts with multiple clients, including the vibe programming platform Replit and several Fortune 500 companies in the financial sector. This round of funding will be used to build a marketing team, expand the engineering team, and grow its office in the San Francisco Bay Area.

According to official news, the Gate event contract "Winning Streak Challenge" will officially start on October 1 at 08:00 (UTC+8) and will last until October 11 at 08:00 (UTC+8).This challenge covers 5-minute cycle events for BTC and all stock event contracts. Users can participate after completing the activity registration. The event sets a total reward of 20,000 USDT, covering multiple gameplay options such as winning streak ladder, win rate leaderboard, trading volume sprint, and new user first order gift.Among them, users who achieve a maximum winning streak of 15 can receive 100 USDT, with a total winning streak prize pool of 6,000 USDT; the win rate leaderboard has a prize pool of 3,500 USDT, and users who meet the criteria of cumulative valid matches ≥ 100, single net purchase ≥ 20 USDT, and win rate ≥ 40% can participate in the ranking, with the first place receiving 1,200 USDT.Users whose cumulative event contract trading volume reaches 20,000 USDT can also share a prize pool of 5,000 USDT based on their trading volume proportion, with a maximum of 500 USDT per user. In addition, during the event, the first 1,000 new users who complete their first transaction in the event contract and have a first net purchase value ≥ 20 USDT can receive a 5.5 USDT event contract experience voucher.Currently, the Gate event contract has covered two major sectors: cryptocurrency assets and stocks. Users can participate in price direction predictions around different assets and time windows, looking for trading opportunities that suit their own judgment in the short-cycle market changes.

According to Bloomberg, Strategy's Executive Chairman Michael Saylor is seeking to adjust the dividend mechanism for the company's preferred shares, proposing to change the dividend payment from bi-monthly or quarterly to daily for billions of dollars in preferred stock. The annualized yield on the related securities can reach up to 12%, and Saylor stated that this move would help improve liquidity and market efficiency.Previously, Strategy primarily raised funds by selling common stock to purchase Bitcoin, but as the premium of common stock relative to its Bitcoin assets disappeared, the company shifted to issuing perpetual preferred shares that do not dilute the equity of common stock shareholders. Such securities have no fixed repayment date and can provide a new source of financing for Strategy. The company currently has over $14 billion in preferred shares outstanding. Although the company has repurchased over $1 billion of floating-rate preferred shares STRC, it has still been unable to issue new STRC since May.Analysts pointed out that increasing the frequency of dividend payments mainly reduces dividend-related volatility, cannot eliminate credit and Bitcoin price risks, and may not necessarily enhance market liquidity. The shareholder vote on the proposal will conclude on October 28. Given that Saylor is the main shareholder of Strategy, the proposal is expected to pass.

The cryptocurrency exchange platform Kraken's coin listing account announced that WOJAK will be launched soon, with trading starting on September 30.The account introduced that WOJAK corresponds to the account wojakcto, which is a community takeover of Feels Guy. Feels Guy is a bald, melancholic MS Paint character that has been popular on image forums since 2009.

According to the official announcement, Gate ETF has launched the QNT3L/USDT and QNT3S/USDT trading pairs on September 28 at 17:00 (UTC+8), where QNT3L is a 3x long Quant (QNT) product, and QNT3S is a 3x short Quant (QNT) product, both with an initial net value of 1 USDT.At the same time, Gate opened the ETF new product trading challenge on September 28 at 17:30 (UTC+8), which will last until October 8 at 17:30 (UTC+8), with a total prize pool of 60,000 USDT. After completing registration, users can trade QNT3L/USDT or QNT3S/USDT to participate in multiple tasks such as the first order of new products, cumulative trading check-ins, the all-participant trading prize pool, and inviting friends.

According to First Financial, the artificial intelligence company MiniMax has launched the text model M3.1-Flash-Preview and started public testing. MiniMax stated that this model supports native multimodal capabilities and a million-context window, enabling tasks such as bug fixing and complete feature development, as well as participating in problem localization, code implementation, and testing verification.After the launch of M3.1-Flash-Preview, some developers linked it with the anonymous model Space Bunny. This model, known as "Space Bunny," was launched on September 23 and topped the daily usage charts on the model aggregation platform OpenRouter and the programming platform OpenCode during the Mid-Autumn Festival.

According to a report by South Korea's Small and Medium Business News on September 28, industry insiders stated that SK Hynix has initiated the foundational engineering required for establishing a semiconductor factory in the Tohoku region of Japan. One insider mentioned that it is still unclear whether the project will be an independent factory or a joint venture with Kioxia, but local groundwork is underway, and SK Hynix has also requested domestic component suppliers in South Korea to expand their supply.The report noted that as of a month ago, SK Hynix's stance on building a memory semiconductor factory in Japan was still "under research," and they stated that "there are no specific decisions." In response to this news, SK Hynix indicated that the Japanese memory semiconductor factory is still in the research phase, with no further advancements at this time.The report also mentioned that SK Group Chairman Chey Tae-won stated in August this year that they are studying the establishment of a joint venture memory semiconductor factory in Japan, with the Tohoku region subsequently seen as a strong candidate. The Tohoku region of Japan and Iwate Prefecture have gathered semiconductor and material component companies such as Kioxia's Kitakami factory, Japan Semiconductor, Ancor Technology, Denso, and Tokyo Electron.

Zano, the privacy blockchain, announced a network update stating that the core team discovered a serious vulnerability in the Gateway Address, allowing unauthorized ZANO and fUSD to enter circulation. Investigations show that the wallet's payment keys or the privacy of ordinary transactions were not compromised, and Zano's core consensus mechanism was also unaffected.The team has developed a solution to clear all unauthorized activities by coordinating a network upgrade. To ensure network integrity, the Zano blockchain has been restarted from block height 3,833,000 (i.e., before the 6th hard fork), affecting approximately one month of on-chain historical records. Nodes, miners, stakers, and related services need to adopt the emergency update as soon as possible.The team stated that they will work with affected projects to address the losses and will announce compensation and claims processes, striving to compensate the community. Technical reasons and related code review results will be disclosed in the follow-up.

According to the Economic Daily, the shipment of optical CPO related equipment for joint packaging is increasing. Suppliers such as ZhiDe, GaoMingTie, and DongYouDa have stated that orders from Europe, America, and Asia are flooding in, with order visibility extending to the second quarter of next year, and they are simultaneously starting factory expansions. Customers' demand for high-precision motion platforms and automated optical coupling equipment is increasing, with a noticeable rise in clients from Southeast Asia, including Singapore and Malaysia, in addition to major manufacturers in Europe and America.ZhiDe stated that after receiving thousands of orders for international CPO equipment, they have recently made new gains and are negotiating cooperation on CPO alignment modules with domestic and major manufacturers in Europe and America, with overall orders initially looking at a thousand units. The company is expanding production in the Shugu Garden and Nanke Park in response to demand, expecting to launch new capacity in the fourth quarter and continue to ramp up production next year.GaoMingTie has been certified by the world's top ten optical communication brands and has secured orders for 800G and 1.6T optical module coupling alignment modules, with optical communication product revenue accounting for 79% in the first half of the year. The company has acquired about 60% equity in an optical and medical factory in Taichung, and after establishing a production assembly line, the estimated capacity can be expanded by more than double, with the Dongguan subsidiary expected to ramp up production after mid-next year. DongYouDa is collaborating with the Japanese company Junhe on CPO optical coupling equipment, with order visibility extending to the second quarter of next year, and has already initiated plans to establish factories in Vietnam, India, and Mexico, increasing capacity utilization from 70% by the end of 2025 to 80%.

Ethena posted that since the initial airdrop in early 2024, the token incentives related to the stablecoin USDe have decreased by about 85% compared to 2024. Starting at the end of this month, the token incentives and new inflation related to USDe will be completely eliminated, and future scale expansion will no longer be driven by additional token subsidies.

Tom Lee, the chairman of the Ethereum treasury company BitMine, stated that cryptocurrency concept stocks have led the way in the third quarter, viewing this as a signal for the start of a bull market. This cycle is different from the past ones driven by ICOs, NFTs, meme coins, and stablecoins, as it now includes tokenization, AI, and a more favorable regulatory environment, with broader participation in funding.After years of consolidation, the market may welcome a clearer breakthrough, with upward potential possibly exceeding previous cycles. Tom Lee also expressed optimism for Ethereum, believing it will strengthen due to Wall Street's tokenization implementation, and thinks ETH has a chance to challenge its previous high within the year.

According to a report by Reuters, the artificial intelligence startup Island announced the completion of a $400 million Series F funding round, led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, and JP Morgan Growth Equity Partners.The company's valuation has reached $6.4 billion, and the new funds will drive the company into the next phase of growth and innovation, helping businesses expand the application scale of AI agents and modernize work methods.

B.AI announced that Xiaomi's latest MiMo-V2.6 series will launch exclusive discounts on September 25 at 15:00 (SGT): MiMo-V2.6-Flash will enjoy a 90% discount, and MiMo-V2.6-Pro will enjoy a 50% launch discount.This series supports 1M ultra-long context and multimodal understanding, covering high-frequency agents and complex reasoning scenarios, helping developers run API calls at a low cost.

The 2026 Wealth Survey by U.S. Bank shows that the average American Generation Z starts accumulating wealth at 19 years old, significantly earlier than previous generations. The survey covered 5,000 American adults aged 18 and older. Generation Z consciously begins to build wealth on average at 19, including investing, saving for retirement, or long-term savings, which is 6 years earlier than the average age of 25 for Millennials, 10 years earlier than 29 for Generation X, and 13 years earlier than 32 for Baby Boomers.Despite starting earlier, 56% of Generation Z believe they are doing everything right but have not achieved their expected financial situation, 62% report difficulty in making financial progress, and 49% have paused or plan to pause their investments. 62% of Generation Z and 61% of Millennials believe that the stock market is a more realistic path to wealth than buying a home, with the percentages for Generation X and Baby Boomers being 51% and 45%, respectively. About 47% of Generation Z obtain financial information through social media, and nearly half of young people are more interested in emerging options like cryptocurrency, but most still believe that traditional investments are the best way to achieve long-term goals. About 70% of parents have provided or plan to provide assistance for their children's significant milestones.

Supply chain sources say that TSMC's wafer foundry prices are set to rise again, with adjustments to Wafer Out prices based on different processes starting from January 2027, with an increase of about 3% to 6%. The utilization rate of 8-inch factories exceeds 100%, and processes below 45 nanometers are fully loaded, with order visibility extending to 2030. The increase for advanced processes is higher, while mature and specialty processes are negotiated individually based on products, utilization rates, and customer conditions. TSMC has not responded to market rumors.Supply chain sources indicate that TSMC's 2-nanometer and 3-nanometer processes are in short supply, and the pressure on advanced packaging capacities such as CoWoS has not been alleviated. Customers find it difficult to switch suppliers immediately even in the face of price increases. The factory in Arizona, USA, reflects higher manufacturing costs, and the foundry quotes remain high. After the price adjustment, quotes from foundries such as Samsung Electronics, Intel, United Microelectronics Corporation, and World Advanced, as well as testing and packaging factories and IC design customers, may also be affected. United Microelectronics Corporation, Powerchip Semiconductor Manufacturing Corporation, and World Advanced have announced price increase strategies, which will continue until 2027.The supply chain states that this wave of AI demand has increased the need for PMIC, MCU, driver ICs, analog ICs, and sensors, in addition to GPUs, ASICs, and HBM. IC design companies point out that after the wafer price increase, product costs need to be reassessed, with higher-end GPUs and ASICs having relatively larger pass-through space. TSMC Chairman Wei Zhejia has stated that customers do not switch wafer foundry partners just because they are dissatisfied today. Supply chain sources say that orders transferred from Google, Apple, NVIDIA, and others mostly involve non-core chips or limited-scale orders, with no significant changes observed in the high-end process customers' chip placements.