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Quick Take Summary is AI generated, newsroom reviewed. Forward Industries secures $1.65B for a Solana treasury plan. Galaxy Digital and Jump Crypto to handle infrastructure. Multicoin Capital adds Solana investment expertise. Strategy aims to grow Solana’s ecosystem and stability.References Forward Industries (NASDAQ: FORD) has secured $1.65 billion in cash and stablecoin commitments via a PIPE round led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a Solana-focused digital asset treasury
Quick Take Summary is AI generated, newsroom reviewed. Ethereum spot ETFs recorded $447 million in outflows, the second-largest in history. Bitcoin ETFs also saw significant withdrawals, with a combined $160 million in outflows. The synchronized outflows suggest widespread investor caution in the crypto market. Despite the withdrawals, cumulative crypto ETF inflows for the year remain positive.References On September 5, Ethereum spot ETFs saw total net outflows of $447 million
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs record $787.7M outflows, reversing August’s huge inflows Bitcoin ETFs attract $246M, reinforcing reputation as safer digital asset Institutions reposition amid recession fears, weak labor data, Fed uncertainty Ethereum fundamentals strong with $223B DeFi activity and reduced gas fees Global regulation shapes ETF flows, with US attracting more institutional capitalReferences US spot ETH ETFs saw its largest weekly outflows last week with $
Metaplanet and Convano unveiled new Bitcoin acquisition plans worth over $150 million, underscoring rising confidence in cryptocurrency as a treasury asset among Japanese firms facing currency risks and policy uncertainty.
Kazakhstan will launch a state crypto reserve and digital asset law by 2026. President Tokayev promotes digital tenge adoption, unveils CryptoCity, and oversees Central Asia’s first spot Bitcoin ETF to strengthen financial innovation.
Eightco stock soared after announcing Worldcoin as its primary treasury asset and securing a $20 million investment from BitMine. The move sparked broader debate on corporate crypto treasuries and digital identity tokens.
- 06:04Decentralized AI network Allora: Mainnet launch imminent, ALLO token staking to openChainCatcher news, the decentralized AI network Allora Network has announced that its mainnet will be launched soon, at which time the network's first batch of AI prediction data streams will migrate from the testnet to the mainnet. After the mainnet launch, the ALLO token will support transactions, inference access, staking, and rewards on the Allora Network. ALLO will be available on EVM chains, and users will also be able to bridge their assets to the Allora chain.
- 06:04Linea network suspected of outage, no blocks produced for 32 minutesAccording to ChainCatcher, Lineascan data shows that the Linea network has not produced a block for 32 minutes, suggesting a possible outage.
- 06:04Pendle TVL surpasses $12 billionJinse Finance reported that Pendle co-founder TN Lee stated that Pendle's TVL has surpassed $12 billion. Previously, it was reported that Pendle's TVL reached $10 billion on August 22 and $11 billion on September 4.