Pakistan's Minister for Digital Affairs: Country's Demographics Will Drive Bitcoin Adoption to Achieve "Leapfrog Development"

Glassnode stated in a social media post that the four-year cycle playbook many investors rely on has not worked for Bitcoin’s (BTC) current bear market. To date, the drawdowns of the previous three bear markets were more than double that of this cycle, and each was still weeks away from their respective lows at comparable stages. As weeks pass, the likelihood of BTC falling to the depths seen in prior bear cycles appears increasingly slim.

Solana treasury firm Forward Industries announced it has signed a securities purchase agreement with an institutional investor to issue 3.125 million common shares at $8 per share, with total expected fundraising of approximately $25 million. Forward Industries said the net proceeds from this offering will be used to buy more SOL to expand its SOL treasury scale, while increasing the fully diluted SOL holdings per share. The offering is expected to close around September 24, subject to customary closing conditions. Forward Industries currently holds about 8.16 million SOL, and has previously prioritized increasing SOL holdings and staking as core parts of its digital asset treasury strategy.

Insight Beating AI Flash News: AI video company Mirage has launched Tesseract, converting core editing, motion graphics, and audio capabilities from Premiere and After Effects into tools that AI Agents can directly call. Agents like GPT-6 Astra and Sol can directly edit footage, create motion effects, composite visuals, and handle audio, without needing to operate traditional editing software interfaces. Tesseract’s core is a local video engine connected to Agents via plugins or skills. It is compatible with ChatGPT, Codex, Claude Code, and others, currently supporting Mac and Windows. Both video preview and final rendering are completed locally. After users submit footage to the Agent, they can directly give commands like “Move the title earlier”, “Slow down this animation”, or “Lower the background music volume”. The Agent will modify the corresponding clips, layers, keyframes, and audio tracks, no need to re-generate the entire video. Project files are also preserved, enabling further edits later.

Slow Mist’s CISO 23pds posted on social media, clarifying that the "malware" referenced in protos’ earlier report is FOMOPeek, not the official FOMO iOS application. BlockBeats previously reported that Slow Mist analysts warned in protos’ report that the official FOMO iOS app was found to contain malware capable of stealing crypto assets, and the affected versions of the app were available on the App Store from September 9 to September 17.

Galaxy Digital announced it has added $100 million worth of Sky Protocol’s yield-bearing stablecoin sUSDS to its corporate treasury and approved the asset as collateral for its institutional trading business. Max Bareiss, Galaxy’s head of lending, noted the purchase was funded by the firm’s own balance sheet capital. As of June 30, Galaxy held nearly $2.5 billion in cash and stablecoins. As part of the partnership, Galaxy also acquired an undisclosed quantity of SKY tokens. Clients can now borrow funds via Galaxy by staking sUSDS, while continuing to earn Sky’s savings rates during the loan period. Galaxy’s institutional platform serves over 1,600 counterparties, with an average loan book of $1.4 billion. Sky reported that sUSDS supply hit $5.52 billion at the end of Q2, marking a 149% year-over-year increase. The two parties already have prior arrangements including a $500 million warehouse financing facility provided by Grove, and are currently discussing expanding that facility’s limit.

According to market data from BIT (Bit.com), pre-market trading in US stocks saw a broad decline across storage, optical module, and crypto-related concept stocks. Optical module and communication sector: Coherent (COHR) fell 1.00% in pre-market trading, Lumentum (LITE) dropped 0.60%, Applied Optoelectronics (AAOI) declined 1.78%, Nokia (NOK) edged down 0.17%, and Marvell Technology (MRVL) fell 0.95%. Storage sector: Seagate Technology (STX) was down 1.52% pre-market, Western Digital (WDC) dropped 1.29%, SanDisk (SNDK) fell 1.26%, and Micron Technology (MU) declined 1.29%. Crypto-related concept stocks: SharpLink (SBET) fell 2.25% in pre-market trading, BitMine Immersion (BMNR) dropped 2.24%, Gemini Space Station (GEMI) edged down 0.84%, Bullish (BLSH) fell 1.07%, Circle (CRCL) declined 2.03%, Strategy (MSTR) dropped 0.94%, and Coinbase (COIN) fell 1.90%.