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Sunday, 20/09/2026

ZETA to Convert to Solana Native SPL Token as ZetaChain Proposes Shutting Down L1 Network and Introducing Anuma

Odaily News: The proposal has been published on ZetaHub, proposing to convert ZETA to Solana native SPL tokens at a 1:1 ratio while retaining the original token ticker; no migration will occur until ZETA holders complete voting.

The proposal also plans to introduce Anuma, a privacy-focused multi-model AI application. Anuma has 300,000 users, supports unified memory across models, and has launched a beta feature for real-life social discovery. Voting will open on Sept. 17 and last for 72 hours.

Analyst: Bitcoin OTC address reserves hit a historic low, decreasing by over 75% from the peak in 2021

Cryptocurrency analyst Darkfost stated that the Bitcoin reserves held by known over-the-counter (OTC) platform addresses have dropped to a historical low, currently around 123,000 BTC, down from nearly 500,000 BTC in September 2021.The continuous decline in OTC reserves may have several reasons, including investors' preference for holding BTC long-term, a more decentralized structure of Bitcoin holdings, and participants like miners no longer primarily selling BTC through OTC channels. Additionally, some holders may prefer to sell directly on the open market. Regardless of the specific reasons, the significant reduction in OTC reserves means that there is increasingly less BTC available for sale outside the open market. If buyer demand shifts more towards purchasing directly from the open market, it may provide support for BTC prices.

Nvidia-Backed 'UK Oracle' Nscale Files for US IPO, Seeking $35 Billion Valuation

Odaily News: Nvidia-backed UK AI cloud provider Nscale has submitted an S-1 registration statement to the US SEC, aiming to list on the New York Stock Exchange and seeking a valuation of up to $35 billion. Nscale was spun off from a cryptocurrency mining company in 2024. Nvidia is its GPU supplier, customer, and investor; Nvidia has invested over $2 billion in Nscale and signed a $1.2 billion capacity lease agreement.

Iran Military: Any US Attack Will Trigger Iranian Retaliation

Odaily News: On the 20th local time, Iran's Khatam al-Anbiya Central Headquarters issued a statement saying that intelligence indicates the United States, in order to cover up its failures and attempt to extract benefits from this war, after holding a joint meeting in a certain European country, has decided with the tacit approval of certain Middle Eastern countries to once again take hostile action against Iran. The statement warned that if the United States makes any mistake against Iran, all of its bases and interest targets in the region will without reservation suffer sustained, effective, and painful strikes. The statement also said that Iran warns regional countries that if they continue to pursue a "two-faced policy" toward Iran and cooperate with the enemy, the countries concerned will be regarded as accomplices; at that point, they can no longer expect Iran's armed forces to exercise restraint or tolerance. (CCTV News)

Rhodium: China's AI model total revenue is about 10% of the top in the United States

The American research institution Rhodium Group estimates that the total annual recurring revenue (ARR) of China's AI models is only about 10% of the revenue of OpenAI and Anthropic. DeepSeek's ARR is $500 million, MiniMax's is $800 million, Moonshot's is $1 billion, and Z.ai's latest ARR is $1.8 billion. Even with ByteDance's $4 billion and Alibaba's $2.4 billion added, it is still far below OpenAI's $40 billion and Anthropic's $65 billion.The Rhodium report states that Moonshot and DeepSeek are currently overvalued relative to their revenue, with estimated ratios of 50 times and 163 times, respectively, higher than OpenAI's 34 times and Anthropic's 21 times. Z.ai has raised its full-year ARR expectation to $3 billion. Rhodium partner Logan Wright stated that the financing gap means that China's leading AI laboratories will find it harder to expand sustainably, and they will heavily rely on favorable conditions in the equity market. Over 60% of China's AI chip and server equity investments come from state-related sources.

Nic Carter: Anthropic slows down the frontier aimed at widening the public-private gap

Nic Carter, co-founder of Castle Island Ventures, commented on the "slow down the frontier" proposal put forward by Anthropic CEO Dario Amodei. Nic Carter stated that if the goal is to widen the gap between the public and the true frontier internally, and requires cooperation from competitors, then the proposal is reasonable. The main commercial risk for Anthropic is the commoditization of models due to distillation, rather than safety issues.Nic Carter mentioned that safety and profit incentives tend to align in limiting public access to truly frontier models. The highest return use of frontier tokens is for internal research and capturing downstream intellectual property, rather than public API sales. Anthropic has made models like Mythos Preview available only to a few partners.Nic Carter expressed that unilateral slowing down cannot solve the prisoner's dilemma, and coordinated restraint requires antitrust exemptions or regulation. Dario called for the U.S. government to provide limited exemptions for safety discussions so that companies can voluntarily set standards.

Robinhood Chain's cumulative DEX trading volume has surpassed 60 billion USD, with Pons contributing approximately 14 billion USD

Robinhood ChainCoin stock meme coin issuance platform Pons stated that the cumulative DEX trading volume of Robinhood Chain has exceeded 60 billion USD, of which approximately 14 billion USD in trading volume comes from Pons built on Uniswap v4.Pons claims that it is expanding the trading market scale on Robinhood Chain and is committed to establishing a market that anyone can participate in.

Crux AI secured $22 billion in chip mortgage loans from 10 banks

According to Dealroom.co citing Bloomberg News, a consortium of 10 banks has provided Crux AI with a $22 billion loan secured by chips. Crux AI is the AI cloud service joint venture launched by Blackstone and Alphabet in May, which officially started last week.The loan will be used to purchase Google-customized TPUs. Crux AI has received a $5 billion equity investment from Blackstone, with Google providing TPUs, software, and services, planning to produce the first batch of 500 megawatts by 2027. Named lending institutions include Goldman Sachs, Sumitomo Mitsui Banking Corporation, Barclays, BNP Paribas, and Canadian Imperial Bank of Commerce.

Iran Says US Has No Choice But to Accept Iran's Conditions

Odaily News: Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, said in an interview with Qatar's Al Jazeera on September 19 that Iran has conveyed its negotiation conditions to the United States through mediators Qatar and Pakistan. The message from Iran is clear: "If the United States wants to extricate itself from the predicament it created and avoid sinking deeper, then it has no choice but to accept Iran's conditions." Rezaei revealed that the conditions for restarting negotiations include unfreezing Iran's frozen funds, ending the war on all fronts including Lebanon, non-interference in Iran's internal affairs, no collusion with domestic opposition forces in Iran, and lifting the naval blockade on Iran. (CCTV International News)

Trump opposes slowing down AI development, family continues to increase AI investment

Donald Trump and his family business are continuing to expand their investments in artificial intelligence, data centers, power infrastructure, and related technology companies. Financial disclosures show that after Trump's return to the White House, his investment accounts have reported nearly 30,000 securities transactions, including buying and selling stocks of chip, server, and energy infrastructure companies such as Dell Technologies, Micron Technology, GE Vernova, Broadcom, Texas Instruments, Credo Technology, and Advanced Micro Devices. It is currently unclear whether Trump still holds these shares, as related transactions do not require real-time disclosure, and Trump has not placed his assets in a blind trust.Trump Media Technology Group plans to merge with the fusion company TAE Technologies, which intends to build power generation facilities amid the growing demand for electricity in AI data centers. Truth Social also plans to authorize platform data to AI labs through TruthAPI and has launched a search tool supported by technology from Perplexity. Donald Trump Jr. serves as a partner at 1789 Capital, which has completed fundraising for a $1.2 billion fund, focusing on investments in digital infrastructure such as data centers, and has invested in Cerebras, Perplexity, and xAI. Eric Trump, on the other hand, invests in defense, robotics, and AI data processing companies through American Ventures.The White House denies any conflict of interest, stating that Trump's investments are entirely managed by independent managers, with related assets held in discretionary accounts and automatically replicating indices such as Schwab 1000 through computer models, meaning Trump and his family cannot decide on specific investments and transaction timings.

Apollo Guidance Computer Takes 10.3 Seconds Per Bitcoin Hash, Would Need 13 Million Times the Age of the Universe to Mine a Block at Current Hashrate

Odaily News: The Apollo Guidance Computer was programmed in 2019 to run the Bitcoin mining algorithm, requiring 10.3 seconds to complete a single double SHA-256 hash. The device, once used for navigation and engine control on Apollo missions, has about 4KB of memory.

Computer scientist Ken Shirriff's team verified the program's results against block 286,819, which had already been mined, but did not earn any bitcoin. At the time, the Bitcoin network hashrate was about 65 EH/s, and the device would on average need roughly a million times the age of the universe to find a block.

After the September 5 difficulty adjustment, the Bitcoin network hashrate stood at 934 EH/s, with mining difficulty rising to 127.45 trillion, about 14 times higher than in 2019. By that calculation, the device would on average need about 13 million times the age of the universe to find a block. (Bitcoin.com News)

Multicoin Capital Founder: Cryptocurrency market sentiment is leaning towards being hot, and it is recommended to hold quality assets

Multicoin Capital founder and CIO Tushar Jain stated that the current sentiment in the cryptocurrency market is somewhat exuberant, and a pullback or consolidation cannot be ruled out.He advised investors to remain calm, avoid overtrading, and focus on holding high-quality assets, allowing investment logic to naturally play out rather than trying to precisely capture every short-term high and low.

Slow Fog: ComeCome delivery app suspected of embedding malicious SDK, methods similar to the FomoPeek coin theft incident

The founder of Slow Fog, Yu Xian, disclosed that following the previous FomoPeek App poisoning and theft incident, a food delivery app named ComeCome (comecome.icu) has been found to implement attacks using similar methods. FomoPeek versions v1.1-1.2 contain a malicious SDK that integrates 8 types of iOS kernel exploit schemes, which can automatically select attack methods based on device model and system version. The known affected iOS versions cover iOS 12--18.7 and 26--26.1.After a successful attack, it can break through the iOS sandbox mechanism, thereby stealing assets from cryptocurrency wallets. Yu Xian warned that such threats may also affect iPad and Mac devices, and advised users to immediately update to the latest iOS version and remain highly vigilant against apps from unknown sources.