Tether CEO: Open Source Password Manager PearPass Set to Launch Across All Platforms

September 17th. According to an announcement made by the Hong Kong Stock Exchange, the Hong Kong-listed company Qianxun Technology has disclosed that it has signed a non-legally binding Memorandum of Understanding for a potential acquisition transaction. It is planned to acquire 100% equity of the Web 3 FinTech company Punk Codes for no more than 25 million Hong Kong dollars. The founding team of the latter mainly originates from Tencent and was involved in establishing Tencent's Hong Kong virtual bank, Fusion Bank, in 2020 and has been exploring blockchain finance, digital assets, and other scenarios.

September 17th. As per official channels, Binance made an announcement regarding the launch of the VIP Exclusive Plan. This particular plan is intended to offer VIP users with exclusive possibilities so as to assist them in sustaining and relishing their VIP status over an extended period. The VIP Exclusive Plan is exclusively accessible to VIP users within the VIP Trader Plan. Users who have achieved VIP level 5 or higher through the VIP Trader Plan within the past 180 days and have maintained it for at least 150 days will be conferred with the exclusive status.

September 17th: As per a report by QCP Capital, it is anticipated that the Federal Reserve is set to initiate a rate cut cycle tonight. The initial cut will be 25 basis points, bringing the rate to 4.00–4.25%. Although the market has factored in a total of six rate cuts by 2026, investors remain concentrated on the dot plot and the wording of Powell's press conference. Even with the improvement in liquidity, the recent performance of the crypto market continues to trail behind traditional risk assets. It remains to be seen whether the Fed's stance tonight can narrow this gap.

September 17th. As per an announcement from Binance, Maiga.ai has concluded the distribution of the MAIGA token airdrop. At present, MAIGA tokens only permit limit order trading, and market order trading is not available for the time being. The resumption time remains to be determined.

September 17th. According to Nikkei News, the Bank of Japan is projected to maintain interest rates at the current level during this week's meeting. It is expected that the future influence of the U.S. tariff policy will have an impact on the Japanese economy. The central bank will continue to keep a close eye on its impact on the overall economy, including corporate capital investment and wage growth. This is the fifth consecutive meeting in which the interest rate remains unchanged after the Federal Reserve decided to raise the policy rate from 0.25% to 0.5% in January 2025. Sources indicated that a growing number of policy committee members think that a rate hike in the September meeting would be too hasty.

On September 17th, according to an official announcement, H100 Group ($H100, $GS9, $HOGPF) purchased an additional 21 bitcoins with an average price of approximately 1.0875 million Swedish Krona per bitcoin. Currently, the company holds a total of 1,046 bitcoins.