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BlockBeats news: On September 11, the BSC on-chain newly launched platform token Brew (BREW) saw its market cap surpass $28 million, approaching the previous high of $32 million. It surged more than 83% in a single day, with trading volume of $11.9 million.
The Brew platform supports pooling meme coins, altcoins, and stock tokens to create paired token offerings. After the platform token launched on September 7, it experienced a surge and subsequent crash; it previously fell to below $4 million. Public information shows that Nina Rong, Director of Growth Execution at BNB Chain, has recently followed Brew’s official account on the BSC on-chain newly launched platform.
BlockBeats reminds users that the prices of related tokens are highly volatile and there is significant uncertainty; users should invest with caution.

BlockBeats report: On September 11, stakefish founder Wang Chun said that Trofimchuk filed a lawsuit on September 8 in the Superior Court of Santa Clara County, California, against Lido Finance and stakefish. The plaintiff alleges that after its wallet was stolen, competing MEV bots fought for the relevant ETH through high-priority-fee transactions. Wang Chun cited an on-chain post related to the “front-running battle” from two years ago, stating that the incident stemmed from the theft of the private key for the validator’s withdrawal address. As the funds were about to reach the withdrawal address, parties competed for control.
Wang Chun emphasizes that as a validator, stakefish only packages valid transactions based on Ethereum protocol rules. It cannot—and also cannot—determine disputes over off-chain ownership or the rightful attribution of contested assets, nor can it adjudicate them. If strict protocol-based requirements are imposed that would require validators to recover rewards based on off-chain claims that cannot be independently verified, this would set a dangerous precedent: validators may be forced to filter transactions according to legal or ownership claims. Staking rewards would then fall into legal uncertainty, harming Ethereum’s decentralization and credible neutrality. This is a principle that must be defended.

BlockBeats message: On September 11, Yemen’s Houthi forces issued a statement saying that on September 3 this year they launched a large-scale, multi-front military operation aimed at driving Saudi troops out of parts of the western coast. The operation achieved the following results: First, Saudi enemy forces were driven out from six areas in Taiz Governorate and Hudaydah Governorate, with a total area of 5,400 square kilometers. These areas have now been restored to security and stability. Second, attacks were carried out against seven Saudi military formations, involving 38 military brigades. Third, a number of our personnel who had been held for many years by Saudi-contracted mercenaries were rescued. Fourth, the armed forces carried out 32 operations to intercept Saudi aircraft and shot down nine planes.

BlockBeats message. On September 11, Goldman Sachs economist Alexandra Wilson-Elizondo said: "Today’s CPI broadly meets expectations. While it is, at face value, the result investors want, it also sharply increases the suspense around next week’s rate decision. The challenge is that the data does not fully reflect some of the inflation pressures that have recently emerged, and there is almost no evidence that inflation is returning to target in the short term. This report’s survey period predates the latest round of energy price increases and also predates the uptrend in commodities spreading from energy into areas such as metals and agriculture. Today’s inflation data does not rule out the possibility of stronger price pressures later. In summary, data that meets expectations today will allow the Fed to keep rate-hike options open, but it will not force policymakers to act. Therefore, the market may focus more on Watch’s communication, energy prices, labor market data, and what happens next, rather than today’s release."

BlockBeats messages: On September 11, although the U.S. CPI accelerated in August, the market raised expectations for further rate hikes. The probability of the Federal Reserve raising rates next week is estimated to be about 90%. Meanwhile, the market fully expects the Fed to hike rates twice before the end of the year. However, after the “shoe drops,” global markets still performed strongly.
In the crypto market, according to HTX market data, Bitcoin briefly dipped with a wick to $76,046 and has now rebounded to $77.6k. Ethereum broke above $2,500.
In the U.S. stock market, according to BIT (bit.com) market data, Dow Jones index futures were up 0.8% in pre-market trading, Nasdaq index futures rose 0.82%, and S&P 500 futures gained 0.73%.

BlockBeats message. On September 11, following a rebound after gasoline costs fell for two consecutive months, U.S. August consumer prices accelerated, strengthening expectations in financial markets that the Federal Reserve may raise rates next week. On Friday, the U.S. Bureau of Labor Statistics said that after a slight increase of 0.1% in July, last month’s CPI rose 0.4% month over month. Within the 12 months through August, consumer inflation increased 3.4%, unchanged from the July figure. Seasonally adjusted core CPI rose 0.3% month over month in August, exceeding the market expectation of 0.2%. Data released on Thursday already showed that the August producer price index rose, with several key subcomponents climbing strongly; these subcomponents will be included in the calculation of PCE inflation.