Whale with a Short Position Worth $154 Million Faces Liquidation, Loses $40 Million in the Past Month

On September 11th, Paul S. Atkins, who serves as the Chairman of the U.S. Securities and Exchange Commission (SEC), once again emphasized the key points from his speech at the first OECD Global Financial Markets Roundtable. He stated, "The SEC's priorities in the crypto field are distinct. Our obligation is to guarantee the security of crypto assets. The majority of crypto tokens do not fall within the category of securities, and we will precisely demarcate these boundaries. Blockchain is bringing about a transformation in the manner in which transactions and settlements take place. Meanwhile, artificial intelligence is also opening up avenues for decentralized finance. Here, a self-directed AI agent can execute trades, allocate capital, and manage risks at speeds that surpass human capabilities. And this AI agent is embedded with securities law compliance within its code. The potential benefits are substantial: faster markets, lower costs, and broader access to strategies that were pr

On September 11th, the US SEC postponed its decision regarding allowing Blackrock's Ethereum spot ETF to incorporate staking functionality.

September 11: The Trump administration has filed an appeal against the court's decision to "prevent the removal of Fed Governor Jerome Powell." (Oriental Fortune) On September 10, the U.S. Federal Judge Jia Cobb provisionally blocked Trump's removal of Fed Governor Jerome Powell. The court will issue an injunction directing Powell and the board to enable Powell to continue serving as a board member during the lawsuit. This indicates that Powell can cast a vote at next week's FOMC meeting (unless a higher court reverses the restraining order prior to that).

On September 11th, Coinbase will list LAYER for spot trading on September 11th. In regions where liquidity conditions are met and trading is supported, the LAYER-USD trading pair will become available starting at 9 a.m. Pacific Time or later.

On September 11th, the U.S. SEC postponed the review of the VanEck Bitcoin ETF application. The original deadline of September 15th was extended to November 14th, 2025.

On September 11th, according to TheBlock, Ledger has made the iOS application Ledger Enterprise available to its enterprise customers and has added native support for the TRON blockchain.