PANews
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成立于2018年，提供有价值的Crypto/Blockchain/Web3资讯和研报。月均浏览量超千万，是目前加密行业最优质的中文媒体之一。
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💰PANews Website Function Update, Related to Making Money!
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#Crypto Event Calendar
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💰PANews Website Function Update, Related to Making Money!
Always afraid of missing the next Alpha opportunity? Your crypto event manager is here!
#Crypto Event Calendar
Comprehensive, filterable, and exportable.
#TGE Early Insights
Selected new project TGE information, quick news tutorials to help you seize the opportunity.
#Binance Alpha Airdrop Preview
Schedule, thresholds, expected returns are clear at a glance, your airdrop receiving assistant.
👉 Experience now, gain insights: https://www.panewslab.com/zh
Always afraid of missing the next Alpha opportunity? Your crypto event manager is here!
#Crypto Event Calendar
Comprehensive, filterable, and exportable.
#TGE Early Insights
Selected new project TGE information, quick news tutorials to help you seize the opportunity.
#Binance Alpha Airdrop Preview
Schedule, thresholds, expected returns are clear at a glance, your airdrop receiving assistant.
👉 Experience now, gain insights: https://www.panewslab.com/zh
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India is inclined to use central bank digital currencies in BRICS paymentsPANews September 10, according to informed sources, India will push for the BRICS countries to expand the use of central bank digital currencies for cross-border payments, but will not support a unified payments network that could be viewed as challenging the US dollar. The informed sources said that as India holds the rotating chairmanship of BRICS this year, Prime Minister Modi tends to use central bank digital currency settlement for bilateral trade between member countries. The sources said it is unlikely that the leaders’ summit in New Delhi over the weekend will reach an agreement on a single BRICS national payments settlement system.
India is inclined to use central bank digital currencies in BRICS payments
PANews September 10, according to informed sources, India will push for the BRICS countries to expand the use of central bank digital currencies for cross-border payments, but will not support a unified payments network that could be viewed as challenging the US dollar. The informed sources said that as India holds the rotating chairmanship of BRICS this year, Prime Minister Modi tends to use central bank digital currency settlement for bilateral trade between member countries. The sources said it is unlikely that the leaders’ summit in New Delhi over the weekend will reach an agreement on a single BRICS national payments settlement system.
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Privy teams up with Stripe to launch pre-built card components, helping stablecoin card projects go livePA News September 10, Privy posted on the X platform that Privy has teamed up with Stripe to launch pre-built card component(s). With a single integration, developers can embed a complete cardholder experience within their application. The stablecoin card project can go live as soon as one month, covering more than 25 countries and regions.
Privy teams up with Stripe to launch pre-built card components, helping stablecoin card projects go live
PA News September 10, Privy posted on the X platform that Privy has teamed up with Stripe to launch pre-built card component(s). With a single integration, developers can embed a complete cardholder experience within their application. The stablecoin card project can go live as soon as one month, covering more than 25 countries and regions.
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CZ: The market will provide enough opportunities to enter or exit; the key is to make the “right decision”PANews September 10 report: Binance founder CZ posted that the market will provide enough opportunities to enter or exit, and the key is that investors themselves make the “right decision.”
CZ: The market will provide enough opportunities to enter or exit; the key is to make the “right decision”
PANews September 10 report: Binance founder CZ posted that the market will provide enough opportunities to enter or exit, and the key is that investors themselves make the “right decision.”
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Citrea has restored multiple assets’ cross-chain transfers; previously paused due to the Zentra Finance security incidentPANews September 10 news: Bitcoin ZK Rollup Citrea posted that after a comprehensive review, the cross-chain services for ctUSD, USDC, USDT, WBTC, and CTR have been restored, and some Solver-based routing is still being gradually restored. Previously, a security incident occurred involving third-party application Zentra Finance. The team has confirmed the root cause and paused the relevant contracts. Citrea said that its protocol and cross-chain bridge contracts were not affected, and it will disclose separately the impact of the incident on ecosystem projects such as ctUSD Earn Vault and on depositors.
Citrea has restored multiple assets’ cross-chain transfers; previously paused due to the Zentra Finance security incident
PANews September 10 news: Bitcoin ZK Rollup Citrea posted that after a comprehensive review, the cross-chain services for ctUSD, USDC, USDT, WBTC, and CTR have been restored, and some Solver-based routing is still being gradually restored. Previously, a security incident occurred involving third-party application Zentra Finance. The team has confirmed the root cause and paused the relevant contracts. Citrea said that its protocol and cross-chain bridge contracts were not affected, and it will disclose separately the impact of the incident on ecosystem projects such as ctUSD Earn Vault and on depositors.
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IMF abandons a popular candidate for chief economist over remarks criticizing Trump’s tariffsPANews, September 10: According to a report by the Financial Times of the UK, sources said that the International Monetary Fund (IMF) had originally planned to appoint Ricardo Reis, a professor at the London School of Economics and Political Science, as its chief economist. However, due to his previous public criticism of Trump’s tariff policies, he temporarily withdrew from consideration before the announcement. The IMF ultimately appointed Silvana Tenreyro, a former official of the Bank of England, to the role in July.
IMF abandons a popular candidate for chief economist over remarks criticizing Trump’s tariffs
PANews, September 10: According to a report by the Financial Times of the UK, sources said that the International Monetary Fund (IMF) had originally planned to appoint Ricardo Reis, a professor at the London School of Economics and Political Science, as its chief economist. However, due to his previous public criticism of Trump’s tariff policies, he temporarily withdrew from consideration before the announcement. The IMF ultimately appointed Silvana Tenreyro, a former official of the Bank of England, to the role in July.
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AMD-backed Korean AI startup Upstage considers launching Pre-IPO financingPANews Sept 10, according to Bloomberg, Hwalsuk Lee, co-founder and CTO of Korean AI startup Upstage, said the company is considering various capital market options such as an IPO, while also considering launching a Pre-IPO round of financing. This year, the company completed a Series C round worth 560 billion won (about US$420 million). Cumulatively, it has raised 730 billion won and has secured an AMD partnership and strategic investment.
AMD-backed Korean AI startup Upstage considers launching Pre-IPO financing
PANews Sept 10, according to Bloomberg, Hwalsuk Lee, co-founder and CTO of Korean AI startup Upstage, said the company is considering various capital market options such as an IPO, while also considering launching a Pre-IPO round of financing. This year, the company completed a Series C round worth 560 billion won (about US$420 million). Cumulatively, it has raised 730 billion won and has secured an AMD partnership and strategic investment.
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AI infrastructure debt piling raises credit risk for U.S. tech giants, shrinking emerging-market bond spreads to a historic lowAccording to a report by Bloomberg on September 10, PANews, major U.S. technology giants have taken on large amounts of debt to finance AI infrastructure. As a result, some emerging-market peers’ corporate bond yields are increasingly viewed by investors as a safer option. The yield on an SK Hynix bond due in 2031 is currently only 9 basis points higher than the yield on a comparable Amazon bond, narrowed to one-third of what it was a year ago. The cost of hedging its credit risk is even lower than that of several major U.S. technology giants. For the first time in history, the risk premium on emerging-market corporate bonds has converged with the U.S. comparable benchmark.
AI infrastructure debt piling raises credit risk for U.S. tech giants, shrinking emerging-market bond spreads to a historic low
According to a report by Bloomberg on September 10, PANews, major U.S. technology giants have taken on large amounts of debt to finance AI infrastructure. As a result, some emerging-market peers’ corporate bond yields are increasingly viewed by investors as a safer option. The yield on an SK Hynix bond due in 2031 is currently only 9 basis points higher than the yield on a comparable Amazon bond, narrowed to one-third of what it was a year ago. The cost of hedging its credit risk is even lower than that of several major U.S. technology giants. For the first time in history, the risk premium on emerging-market corporate bonds has converged with the U.S. comparable benchmark.
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The PONS short position of whale Loracle turns from loss to profit, with an unrealized gain of $868,000PANews September 10—According to Onchain Lens monitoring, the 27.75 million PONS short position held by the “giant whale” Loracle, which had previously been underwater by more than $11 million, has now turned a profit. It is currently up by $868,000. Its SNDK and MU positions are still in a loss state, with drawdowns of $4.28 million and $1.59 million respectively. The total unrealized loss at present is $3.8 million.
The PONS short position of whale Loracle turns from loss to profit, with an unrealized gain of $868,000
PANews September 10—According to Onchain Lens monitoring, the 27.75 million PONS short position held by the “giant whale” Loracle, which had previously been underwater by more than $11 million, has now turned a profit. It is currently up by $868,000. Its SNDK and MU positions are still in a loss state, with drawdowns of $4.28 million and $1.59 million respectively. The total unrealized loss at present is $3.8 million.
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Ethereum spot ETFs saw total net inflows of $34.7535 million yesterday; BlackRock’s ETHB led with net inflows of $22.9376 millionPANews, September 10—According to SoSoValue data, yesterday (September 9, U.S. Eastern Time) Ethereum spot ETFs recorded total net inflows of $34.7535 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock’s Staked ETH ETF, ETHB, with a single-day net inflow of $22.9376 million; ETHB’s historical total net inflows are now $798 million. Second was BlackRock’s ETF, ETHA, with a single-day net inflow of $9.7144 million; ETHA’s historical total net inflows are now $12.883 billion.
As of the time of publication, the total net asset value of Ethereum spot ETFs is $15.688 billion. The ETF net asset ratio (market value as a share of Ethereum’s total market value) has reached 5.2%, and historical cumulative net inflows have already totaled $13.203 billion.
Ethereum spot ETFs saw total net inflows of $34.7535 million yesterday; BlackRock’s ETHB led with net inflows of $22.9376 million
PANews, September 10—According to SoSoValue data, yesterday (September 9, U.S. Eastern Time) Ethereum spot ETFs recorded total net inflows of $34.7535 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock’s Staked ETH ETF, ETHB, with a single-day net inflow of $22.9376 million; ETHB’s historical total net inflows are now $798 million. Second was BlackRock’s ETF, ETHA, with a single-day net inflow of $9.7144 million; ETHA’s historical total net inflows are now $12.883 billion.
As of the time of publication, the total net asset value of Ethereum spot ETFs is $15.688 billion. The ETF net asset ratio (market value as a share of Ethereum’s total market value) has reached 5.2%, and historical cumulative net inflows have already totaled $13.203 billion.
As of the time of publication, the total net asset value of Ethereum spot ETFs is $15.688 billion. The ETF net asset ratio (market value as a share of Ethereum’s total market value) has reached 5.2%, and historical cumulative net inflows have already totaled $13.203 billion.
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Crypto market broadly declines, with Robinhood Chain sector leading losses at nearly 10%PANews September 10—According to SoSoValue data, due to a combination of factors including the continued escalation of the conflict between the United States and Iran, the scale of U.S. Treasury buybacks falling short of expectations, and market disruption caused by Hunter Biden’s Meme coin LAPTOP plummeting, the crypto market sector broadly declined. The Robinhood Chain sector led the losses over the past 24 hours, down 9.47%. Within the sector, Pons (PONS), which had previously surged sharply, fell 16.30%, and Cash Cat (CASHCAT) dropped 12.05%. According to SoSoValue statistics, the number of on-chain transactions for Robinhood Chain on a single day declined 17.4% compared with the same day last week. Ecosystem tokens generally pulled back, and over the last 7 days, net cross-chain capital outflows totaled approximately $174 million.
Crypto market broadly declines, with Robinhood Chain sector leading losses at nearly 10%
PANews September 10—According to SoSoValue data, due to a combination of factors including the continued escalation of the conflict between the United States and Iran, the scale of U.S. Treasury buybacks falling short of expectations, and market disruption caused by Hunter Biden’s Meme coin LAPTOP plummeting, the crypto market sector broadly declined. The Robinhood Chain sector led the losses over the past 24 hours, down 9.47%. Within the sector, Pons (PONS), which had previously surged sharply, fell 16.30%, and Cash Cat (CASHCAT) dropped 12.05%. According to SoSoValue statistics, the number of on-chain transactions for Robinhood Chain on a single day declined 17.4% compared with the same day last week. Ecosystem tokens generally pulled back, and over the last 7 days, net cross-chain capital outflows totaled approximately $174 million.
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Bitcoin spot ETFs had total net outflows of $120 million yesterday, with ARKB ranking first in net outflows at $77.9815 millionPANews September 10 news, according to SoSoValue data, yesterday (U.S. Eastern Time September 9) Bitcoin spot ETF total net outflows were $120 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $4.4906 million. Currently, MSBT’s historical total net inflows have reached $521 million. The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Ark Invest and 21Shares ETF ARKB, with a single-day net outflow of $77.9815 million. Currently, ARKB’s historical total net inflows have reached $1.387 billion.
As of before publication, the total assets net value of Bitcoin spot ETFs was $99.327 billion. The ETF net asset ratio (market value as a share of Bitcoin’s total market value) was 6.31%, and historical cumulative net inflows have reached $55.451 billion.
Bitcoin spot ETFs had total net outflows of $120 million yesterday, with ARKB ranking first in net outflows at $77.9815 million
PANews September 10 news, according to SoSoValue data, yesterday (U.S. Eastern Time September 9) Bitcoin spot ETF total net outflows were $120 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $4.4906 million. Currently, MSBT’s historical total net inflows have reached $521 million. The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Ark Invest and 21Shares ETF ARKB, with a single-day net outflow of $77.9815 million. Currently, ARKB’s historical total net inflows have reached $1.387 billion.
As of before publication, the total assets net value of Bitcoin spot ETFs was $99.327 billion. The ETF net asset ratio (market value as a share of Bitcoin’s total market value) was 6.31%, and historical cumulative net inflows have reached $55.451 billion.
As of before publication, the total assets net value of Bitcoin spot ETFs was $99.327 billion. The ETF net asset ratio (market value as a share of Bitcoin’s total market value) was 6.31%, and historical cumulative net inflows have reached $55.451 billion.
ARKBETF-0.01%
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Trader with cumulative profits of $9.29 million opens a $2.1 million HYPE long positionPANews September 10, according to Onchain Lens monitoring, a trader with cumulative profits of $9.29 million opened a long position of 25,000 HYPE tokens with 10x leverage, worth approximately $2.1 million. The average opening price was $83.81, the liquidation price is $72.36, and the unrealized profit is currently $7,500.
Trader with cumulative profits of $9.29 million opens a $2.1 million HYPE long position
PANews September 10, according to Onchain Lens monitoring, a trader with cumulative profits of $9.29 million opened a long position of 25,000 HYPE tokens with 10x leverage, worth approximately $2.1 million. The average opening price was $83.81, the liquidation price is $72.36, and the unrealized profit is currently $7,500.
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Naval: Leading AI labs rely on the "flywheel" effect to siphon top talent back into model trainingPANews September 10, according to a post by Naval, the founder of AngelList and a well-known investor, on the X platform. He said that the "flywheel" strategy used by leading AI labs is to let the smartest people use their leading models, then extract those users' inputs, the models' own outputs, and the synthetic data and training environments generated as a result, and feed them back into training. He noted that users continue to use top models because there is competition among labs.
Naval: Leading AI labs rely on the "flywheel" effect to siphon top talent back into model training
PANews September 10, according to a post by Naval, the founder of AngelList and a well-known investor, on the X platform. He said that the "flywheel" strategy used by leading AI labs is to let the smartest people use their leading models, then extract those users' inputs, the models' own outputs, and the synthetic data and training environments generated as a result, and feed them back into training. He noted that users continue to use top models because there is competition among labs.
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Long.xyz co-founder: Stock trading pairs will become the crypto market’s “final Meta”PANews September 10 news: Long.xyz co-founder Nate posted on X that over the next few days, the platform will focus on building distribution channels independent of public chains, the crypto market, and the Meta cycle. He believes the market still seriously underestimates the narrative, distribution, and capital scale of the stock market, and that stock trading pairs are expected to become the crypto market’s “final Meta.” Long.xyz will continue to focus on this direction and will not frequently adjust its product direction due to hot topics such as AI agents or memes.
Long.xyz co-founder: Stock trading pairs will become the crypto market’s “final Meta”
PANews September 10 news: Long.xyz co-founder Nate posted on X that over the next few days, the platform will focus on building distribution channels independent of public chains, the crypto market, and the Meta cycle. He believes the market still seriously underestimates the narrative, distribution, and capital scale of the stock market, and that stock trading pairs are expected to become the crypto market’s “final Meta.” Long.xyz will continue to focus on this direction and will not frequently adjust its product direction due to hot topics such as AI agents or memes.
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Alibaba will lead the $300 million financing round of UniPat AI, valuing the company at $2.5 billionPANews September 10 news, market news: Alibaba will lead the $300 million financing round of UniPat AI, valuing the company at $2.5 billion.
Alibaba will lead the $300 million financing round of UniPat AI, valuing the company at $2.5 billion
PANews September 10 news, market news: Alibaba will lead the $300 million financing round of UniPat AI, valuing the company at $2.5 billion.
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Coinbase CEO: I believe the Bitcoin price cycle has hit the bottomPANews September 10 report, according to Zhitong Finance: Coinbase CEO: I believe the Bitcoin price cycle has hit the bottom.
Coinbase CEO: I believe the Bitcoin price cycle has hit the bottom
PANews September 10 report, according to Zhitong Finance: Coinbase CEO: I believe the Bitcoin price cycle has hit the bottom.
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Bank of Korea Issues a Warning on Derivatives Linked to South Korean ChipmakersPANews September 10 — The Bank of Korea urged tighter monitoring of overseas derivatives linked to South Korean chipmakers, warning that their rapid growth could amplify volatility in the domestic market. The bank said that leveraged bets by situational awareness hedge funds are one recent example. In its semiannual monetary policy report submitted to the National Assembly on Thursday, the Bank of Korea stated that unprecedented volatility in the KOSPI index from January to July was driven by the concentration of the Korean market in semiconductor stocks, foreign investors’ portfolio rebalancing, and the buildup and unwinding of domestic leverage. The bank added that when global banks and ETF managers hedge total return swaps, they trade South Korean spot stocks, futures, and options—clearly amplifying domestic share-price swings. Although the Bank of Korea did not cite a specific case, an unusual trade in July involving SK Hynix triggered liquidations of nearly $60 million in offshore digital-asset markets, highlighting the growing cross-market risks posed by leveraged products tied to South Korean chipmakers.
Bank of Korea Issues a Warning on Derivatives Linked to South Korean Chipmakers
PANews September 10 — The Bank of Korea urged tighter monitoring of overseas derivatives linked to South Korean chipmakers, warning that their rapid growth could amplify volatility in the domestic market. The bank said that leveraged bets by situational awareness hedge funds are one recent example. In its semiannual monetary policy report submitted to the National Assembly on Thursday, the Bank of Korea stated that unprecedented volatility in the KOSPI index from January to July was driven by the concentration of the Korean market in semiconductor stocks, foreign investors’ portfolio rebalancing, and the buildup and unwinding of domestic leverage. The bank added that when global banks and ETF managers hedge total return swaps, they trade South Korean spot stocks, futures, and options—clearly amplifying domestic share-price swings. Although the Bank of Korea did not cite a specific case, an unusual trade in July involving SK Hynix triggered liquidations of nearly $60 million in offshore digital-asset markets, highlighting the growing cross-market risks posed by leveraged products tied to South Korean chipmakers.
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Trump Promises a $5,000 'Dividend' Per Person; Funding May Come From Tariff RevenuePANews September 10 news: According to The Wall Street Journal, late Wednesday local time, Trump promised that if the Republicans keep control of both the House and the Senate in the November midterm elections, he would send a "dividend" of $5,000 to every adult U.S. citizen. This could involve more than 200 million payments, with the total amount exceeding $1 trillion (assuming no income limits). Where does the money come from? Trump hinted that the funding might come from tariff revenue, but his explanation is not entirely clear. How can this be done without triggering a spike in inflation? This is likely to spark intense debate. Would Republican lawmakers in Congress support the plan? If this promise helps the GOP retain a majority of seats in both chambers in the midterms, it may be difficult for Republican members to directly reject it.
Trump Promises a $5,000 'Dividend' Per Person; Funding May Come From Tariff Revenue
PANews September 10 news: According to The Wall Street Journal, late Wednesday local time, Trump promised that if the Republicans keep control of both the House and the Senate in the November midterm elections, he would send a "dividend" of $5,000 to every adult U.S. citizen. This could involve more than 200 million payments, with the total amount exceeding $1 trillion (assuming no income limits). Where does the money come from? Trump hinted that the funding might come from tariff revenue, but his explanation is not entirely clear. How can this be done without triggering a spike in inflation? This is likely to spark intense debate. Would Republican lawmakers in Congress support the plan? If this promise helps the GOP retain a majority of seats in both chambers in the midterms, it may be difficult for Republican members to directly reject it.
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Unitree Technology’s share price falls below 500 yuan per share, having already shed more than 240 billion yuan in market cap compared with its peakPANews September 10: Unitree Technology shares fell nearly 3%. The stock price dropped below 500 yuan per share for the first time, with a total market capitalization of 202.1 billion yuan. On its first day of trading, the stock hit a peak of 1,100 yuan per share, and its market cap briefly surged to 444.9 billion yuan. Compared with the market-cap high point, it has since evaporated more than 240 billion yuan.
Unitree Technology’s share price falls below 500 yuan per share, having already shed more than 240 billion yuan in market cap compared with its peak
PANews September 10: Unitree Technology shares fell nearly 3%. The stock price dropped below 500 yuan per share for the first time, with a total market capitalization of 202.1 billion yuan. On its first day of trading, the stock hit a peak of 1,100 yuan per share, and its market cap briefly surged to 444.9 billion yuan. Compared with the market-cap high point, it has since evaporated more than 240 billion yuan.
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#appledebutsfoldablephone I Got My Hands on the iPhone Duo, Apple’s First Foldable Phone. Here’s What Stands Out
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