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A new initiative is attracting attention within the community: Fair3 Fairness Foundation. This is an on-chain insurance system established entirely by the community, independent of project teams and trading platforms. It is attempting to address a long-overlooked question: "When real risks occur, what can we actually do?"
Solana (SOL) has broken through the key resistance zone at $250. Will this trigger a push toward $300? What does this mean for the broader altcoin market?
A new initiative is gaining community attention: the Fair3 Fairness Foundation. This is an on-chain insurance mechanism established entirely by the community, independent of the project team and the trading platform. It is seeking to address a long-overlooked question: "What can we actually do when the risk truly materializes?"
Brera Holdings announced its transformation into a "Solana treasury" and rebranded as Solmate. After economist Laffer joined the company, Cathie Wood quickly decided to invest, having previously referred to Laffer as her "mentor." Solmate plans to pursue a dual listing in the UAE, leveraging local relationships to enhance its ability to accumulate SOL tokens.
Eric Trump stated that attracting global capital into the U.S. digital asset market could provide new support for the U.S. dollar.
- 16:06U.S. House of Representatives passes temporary spending bill; Senate may face heated confrontationJinse Finance reported, citing US media, that the US House of Representatives has passed a temporary spending bill aimed at avoiding a federal government shutdown crisis on October 1. However, this also means that the Senate will have to engage in intense debates over the bill later on Friday—Democrats are expected to reject the bill on the grounds that "increased healthcare spending is needed." House Speaker Johnson overcame dissatisfaction from some Republican colleagues, pushing the bill through with a vote of 217 in favor and 212 against. House Democrats almost unanimously opposed the bill. The Senate plans to review both the House-submitted bill and an "alternative temporary spending bill" proposed by Democratic leader Schumer (which aims to fund the government through October 31) later on Friday. Both versions of the bill are expected to be rejected, which means that with less than two weeks before the October 1 deadline, the US government will be stuck in a shutdown crisis deadlock. (Golden Ten Data)
- 15:54Grayscale's new fund GDLC has surpassed $900 million in assets under management, with the current circulating shares at 15,867,400.Jinse Finance reported that the new Grayscale exchange-traded fund, Grayscale CoinDesk Crypto 5 ETF (GDLC), has started trading today on the New York Stock Exchange. According to the latest official data, GDLC's assets under management have exceeded $900 million, reaching $931,611,851.89. The current circulating shares are 15,867,400, and the fee rate is 0.59%. It is reported that Grayscale GDLC covers Bitcoin, Ethereum, SOL, XRP, and ADA. These five digital assets will be custodied by a certain exchange Custody.
- 15:44PayPal stablecoin PYUSD 0 has been launched on the Sei networkChainCatcher news, PayPal stablecoin PYUSD 0 has officially launched on the Sei network, further expanding its cross-chain application scenarios and supporting more on-chain payments and settlements.