Regulated Major Exchanges Ditching Self-Built Chains? Kraken Reportedly Testing Hyperliquid’s Permissioned HIP-3, Community Debates Practical Pathways for Crypto Infrastructure

According to HTX market data, U.S. presidential-themed cryptocurrencies continue to rise, with specific performance as follows: TRUMP is up over 35% in 24 hours; MELANIA is up over 23% in 24 hours; WLFI is up 3.60% in 24 hours and over 14% in seven days.

This Thursday, the first meeting of the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee (IAC) was held, chaired by CFTC Chairman Michael S. Selig and other officials, with a large number of cryptocurrency founders and executives in attendance. As the crypto sector continues to rally, below are the gains of related cryptocurrencies and stocks: ? Cryptocurrencies: LIT rose over 21% in 24 hours, hitting a market cap of $797 million; XRP gained over 20% in 24 hours, reaching a market cap of $96.57 billion; CRO climbed over 16% in 24 hours, with a market cap of $3.067 billion; UNI rose over 15% in 24 hours, hitting a market cap of $3.84 billion; LINK gained over 12% in 24 hours, reaching a market cap of $9.148 billion; OKB climbed over 10% in 24 hours, with a market cap of $2.469 billion; SOL rose over 8% in 24 hours, hitting a market cap of $56.107 billion. ? U.S. equities: COIN closed up 8.20%, with a market cap of $49.203 billion; BTGO closed up 3.64%, reaching a market cap of $804 million; HOOD closed up 13.70%, hitting a market cap of $97.218 billion.

Blockchain Association CEO Summer Mersinger stated in a post that with less than four weeks remaining until the U.S. Senate’s September 15 vote on advancing debate over the Clarity Act, reopening terms negotiated for months would not improve the bill. Instead, it would restart an unfinishable negotiation process, ultimately leading to legislative failure. Mersinger noted that two amendments proposed by the American Bankers Association (ABA)—replacing the existing standard with "materially similar to interest" and deleting the word "solely"—are not mere textual adjustments, but major policy changes. She pointed out that "materially similar to interest" is a flexible legal standard that could allow regulators to expand their interpretive scope, while removing "solely" would alter the application scope of stablecoin yield limits in the GENIUS Act, undermining the policy boundaries previously set by Congress. Mersinger argued that the ABA’s concern that stablecoins could cause U.S. bank deposit outflows lacks a factual basis. Data shows that since the passage of the GENIUS Act, U.S. bank deposits have grown for three consecutive quarters, adding more than $800 billion in total. She emphasized that what is truly needed to protect consumers is a digital asset regulatory framework. The Clarity Act would clarify the regulatory boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), require platforms serving U.S. users to register, and implement rules for customer asset segregation, disclosure, and conflict of interest management. Mersinger concluded by urging the U.S. Senate not to reopen negotiations, saying: "The bill is done, the work is finished. The Senate has an opportunity to move it forward on September 15 and should pass it directly."

According to HTX market data, ZEC briefly surged past $833 this morning, hitting a new all-time high. It has rallied 67% in the past seven days, 230% in 180 days, and 1970% over the past year. Recent key catalysts include: - Grayscale filed its Fourth S-3 amendment to advance the conversion of Zcash Trust into a spot ETF (proposed ticker: ZCSH), and disclosed that a DCG subsidiary is in non-binding discussions to inject approximately 200,000 ZEC (valued at around $110 million at the time). - Cypherpunk Technologies, backed by the Winklevoss twins, launched the world’s largest ZEC mining machine cluster, controlling roughly 18% of the network’s total hash rate while continuing to increase its holdings of ZEC treasury. - Ironwood’s network upgrade (NU6.3) has gone live, fixing a previous vulnerability in the Orchard privacy pool, enhancing the security and verifiability of the shielded pool, and facilitating fund migration and restoring ecosystem confidence. Against the backdrop of rising privacy narratives and market short squeezes, ZEC has emerged as one of the top-performing privacy coins in this cycle, with its price still in a high-volatility range.

According to HTX market data, BNB has surpassed $700, gaining more than 6% in the past 24 hours, pushing its market capitalization to $92.981 billion.

According to HTX market data, HYPE has broken through $80, hitting a fresh all-time high, with its 24-hour gain expanding to 7.46%.