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Briefly
Dogecoin team members used ChatGPT to identify NEH grants for DEI purposes, according to legal documents
ChatGPT marked $349,000 for a museum ventilation funding as DEI, because it helps visitors
From Doge, according to 1,057 NEH grants of 1,163: for DEI, it cut more than $100 million
Read the original story ChatGPT told that Musk's DOGE was written as DEI for the museum heating subsidy by Darryn Pollock on fi.beincrypto.com

Briefly
Balancer proposes shutting down the protocol and returning the treasury to token holders
New integrations sparked interest, but no action changed into continuous revenue growth.
Holders can burn tokens to obtain a relatively proportional share of the treasury reserves starting from May 2027.
Read the original story: Balancer proposes shutting down the protocol when the turnaround plan failed to boost revenues, written by Kamina Bashir on fi.beincrypto.com

Briefly
The 10-year Treasury yield rose to 5 percent on Mondays, matching its highest level in three years.
Analysts warn that sustained gains above 5 percent could weigh on stock valuations.
Bitcoin is trading near $77,800.00 as rising yields increase its cost of holding.
Read the original story: 10-year returns exceed 5%—what it means for Bitcoin and stocks, written by Darryn Pollock on fi.beincrypto.com

Briefly
Defensive stocks rose on Monday as concerns about AI safety weighed on technology shares.
Johnson & Johnson, Eli Lilly, Kimberly-Clark, and Costco rose in rotation.
Cybersecurity stocks CrowdStrike and Palo Alto Networks rose 14 percent each.
Read the original story "Fears related to AI safety are driving investors to cybersecurity" written by Darryn Pollock on fi.beincrypto.com

In brief
BitMine, Strive and DFDV added cryptocurrencies last week, while Strategy took a break.
BitMine now owns 5.96 million ETH, which is about 4.9% of the total amount.
Strategy used 139,000,000 dollars to repurchase STRC preferred shares instead of bitcoin
Read the original story Treasury companies amass Ethereum, Solana and Bitcoin in nervous September markets by Kamina Bashir on fi.beincrypto.com

In brief
CoinEx closes its operations after 9 years; withdrawals remain open until December 22
The stock exchange blames the market downturn, shrinking liquidity, and rising costs of compliance.
Spot trading ends on September 29, and CoinEx will buy the remaining CETs at a price of $0.0050
Read the original story CoinEx sets a December deadline for withdrawals as the exchange shuts down, written by Kamina Bashir on the site fi.beincrypto.com

Briefly
Last week, Trump met privately with Sam Altman behind the scenes at the GOP convention
Altman requested a meeting focused on AI and its growing power
Trump has dismissed AI safety concerns as a hoax on stage and online.
Read the original story: Trump calls fears about AI a hoax—then why did he secretly meet with Altman, written by Darryn Pollock on the site fi.beincrypto.com

Briefly
Novo Nordisk rebranded as Novo and introduced a new cultural framework
CEO Mike Doustdar links the change to a loss of market position against Eli Lilly.
New shares have fallen by about 15% so far this year despite the overhaul.
Read the original story Novo Nordisk rebrands as Novo: the stock falls as the company targets GLP-1 products at consumers written by Darryn Pollock on fi.beincrypto.com

Briefly
New York’s Letitia James led 17 other state attorneys general against the Clarity Act
8 leading groups of investors asked senators to close stablecoin yield loopholes in the bill
The Senate votes on Tuesday on the closure, which requires the backing of 60 senators to proceed.
Read the original story Amended Clarity Act text faces three-way opposition before Senate vote, written by Kamina Bashir on fi.beincrypto.com

Briefly
SBF’s lawyer says that a $11,000,000,000.00 fine should leave him poor for the rest of his life.
The appeal to the highest court says that the jurors heard about FTX’s losses but not about the repayment plan
FTX customers have now received back 105% of claims that were valued in 2022 prices
Read the original story If Sam Bankman-Fried were released from prison today, he would be poor forever, the lawyer says, written by Lockridge Okoth on fi.beincrypto.com

In brief
Trump downplays AI fears as a scam in a surprising Jensen Huang phone call
Nvidia's CEO backs faster growth of AI as competition from China intensifies
Nvidia continues to fall as chip stocks price in a slowdown in spending on AI
Read the original story Trump calls Jensen Huang live amid fears of an AI slowdown. NVIDIA's stock reacts, written by Lockridge Okoth on fi.beincrypto.com

Briefly
Grayscale's new bitcoin-free portfolio gives XRP 26.11 percent, its second-largest allocation.
Ether takes 42.34%, above the 40% threshold advertised by the model.
Advisors can copy the allocation to client accounts using Grayscale funds.
Read the original story Grayscale just made XRP 26 percent of its new portfolio for advisors written by Lockridge Okoth on fi.beincrypto.com

Briefly
Coinbase rose 8 percent to $188, while the S&P 500 fund fell 0.8 percent.
The analyst who upgraded it still gives Coinbase only a hold rating.
Coinbase’s goals on Wall Street vary from $95.00 to $330.00.
Read the original story: This stock looks like a bull market despite Morgan Stanley’s 30-day crash warning, written by Lockridge Okoth on fi.beincrypto.com

Briefly
Trump says his administration has criminal legal and regulatory power over AI companies
She made the claim while discussing that the sector does not need new oversight.
However, AI and chip stocks fell; Marvell Technology dropped 8 percent
Read the original story Trump says he has criminal legal authority over AI companies: should investors be concerned? by Lockridge Okoth on fi.beincrypto.com

In short
Four small shipping ETFs have surged, becoming the best trades of the Iran war.
Pure freight rates jumped by over 3,200 percent; shipowners were much less affected.
The founder of a certain fund warns that reopening the Strait of Hormuz would lower interest rates.
Read the original story: One ETF category turns the Iran war into big profits by Lockridge Okoth on fi.beincrypto.com

Briefly
Tesla registers its Vietnam unit in Ho Chi Minh City on September 11.
Total basic capital of 77,667 billion dong, or about 3,000,000 dollars.
VinFast with a 42% share of Vietnam's vehicle market in August 2026.
Read the original story Tesla comes to Vietnam with a sales unit of 3,0000 million dollars without a notification written by Phil Haunhorst on the website fi.beincrypto.com

Briefly
Burry says that the incentive for AI slowdown is just hype, not a real safety concern.
He claims that delayed IPOs and slowing growth explain the sudden cautiousness in the industry.
Altman is being pushed out two days before OpenAI’s IPO in 2026, says Burry’s release.
Read the original story: Michael Burry calls AI slowdown an egoistic hype—are we really talking about IPOs? written by Phil Haunhorst on fi.beincrypto.com

In short
71% of advisors plan to increase the use of active ETFs over the next 2 years
58% say that a new active ETF would displace existing mutual fund holdings.
Only 16% of advisors believe that private markets are suitable for an ETF structure.
Read the original story 71% of advisors plan to buy more active ETFs within two years, MSCI survey finds written by Kamina Bashir on the site fi.beincrypto.com

In brief
Circle opens the Arc mainnet on Wednesday, and BlackRock, Visa, and Mastercard serve as validators.
Meemecoin traders position themselves early and bet that Arc will repeat Robinhood Chain's rush
Arc uses USDC for gas fees, and the company raised $222,000,000 in its presale.
Read the original story BlackRock and Visa secure Circle's Arc, but meme coin traders plan to take over it, written by Kamina Bashir on fi.beincrypto.com

Briefly
Three central banks can tighten together for the first time since 2006.
In 2006, the riskiest asset classes fell the most. Emerging markets lost over 20 percent.
Bitcoin fell by 20 percent when the yen last rose in 2024. This time it held its ground.
Read the original story The biggest macro-level risk for Bitcoin appears for the first time since 2006, written by Lockridge Okoth on fi.beincrypto.com