Mars Weekly | CARDS market cap surpasses $650 million, reaching a record high; probability of a 50 basis point Fed rate cut in September is 6.6%

Ethereum Foundation Releases End-to-End Privacy Roadmap Covering Private Write, Read, and Proof

On September 14, the Ethereum Foundation released an end-to-end privacy roadmap aimed at building comprehensive privacy protection for the world's second-largest blockchain. The former "Privacy and Scaling Explorations Team" has been renamed "Ethereum Privacy Stewardship" (PSE), shifting its focus from speculative exploration to solving real-world problems and optimizing ecosystem outcomes. The roadmap focuses on three main directions: Private Write, enabling on-chain privacy operations to be as efficient as public operations; Private Read, allowing access to blockchain data without exposing identity or intent; and Private Proof, ensuring fast and secure generation and verification processes. The team is developing the experimental L2 PlasmaFold, which is scheduled to debut at the Devconnect conference in Argentina on November 17, and is advancing privacy RPC services. In addition, they will release the "2025 Privacy Voting Status" report and explore DeFi protocols and privacy computing projects that balance privacy and compliance.

CARDS Market Cap Surpasses $650 Million, Reaches All-Time High

According to GMGN market data, the Solana ecosystem's physical card trading platform Collector Crypt's token CARDS saw its market cap briefly surpass $650 million, reaching an all-time high. It has since pulled back to $620 million, with a 24-hour increase of 44% and a 24-hour trading volume of $26.5 million.

pump.fun's Average Live Stream Count Surpasses Rumble, Approaching About 1% of Twitch's Market Share

On September 14, pump.fun founder alon revealed in a post, "pump.fun has already surpassed Rumble in terms of average live stream count. It is now gradually approaching about 1% of Twitch's market share and about 10% of Kick's market share." Earlier today, pump.fun's platform token PUMP hit a record high, currently quoted at $0.0075, up over 21% in 24 hours, with a market cap rising to $2.63 billion.

Data: STREAMER Market Cap Surpasses $39.9 Million, Now at $31 Million, Daily Increase Over 40%

According to GMGN data, STREAMER's market cap briefly surged past $39.9 million and is now reported at $31 million, with a daily increase of over 40%.

Probability of Fed Cutting Rates by 50 Basis Points in September is 6.6%

On September 13, according to CME "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in September is 93.4%, while the probability of a 50 basis point cut is 6.6%.

Shibarium Cross-Chain Bridge Hit by Flash Loan Attack, Losses Exceed $2.4 Million

The Shibarium cross-chain bridge connecting the Layer 2 network and Ethereum was attacked by hackers, resulting in a loss of $2.4 million. Developers have suspended staking, unstaking, and related processes to rotate and protect validator keys. The attacker took out a flash loan of 4.6 million BONE tokens (Shibarium's governance token) and appeared to have obtained 10 out of 12 validator signature keys used to secure the network, thereby gaining a two-thirds majority. The attacker then used this privileged position to steal approximately 224.57 ETH and 92.6 billion SHIB from the Shibarium bridge contract, transferring the funds to their own address. At current prices, these funds are worth about $2.4 million. In response, Shiba Inu developers suspended staking and unstaking functions on the network, effectively freezing the borrowed BONE tokens (which were already affected by unstaking delays) and causing the attacker to lose majority control. The attacker also obtained a large amount of K9 (KNINE) tokens (related to K9 Finance), worth about $700,000. When the attacker attempted to sell KNINE, K9 Finance DAO intervened and blacklisted the attacker's address, making the tokens unsellable.

USDH Bidding War: Native Markets Currently Supported by 71.18% of Staked Shares, Winning Probability Rises to 98.1%

On September 13, according to usdhtracker data, in the Hyperliquid stablecoin USDH bidding, Native Markets currently has the support of 71.18% of staked shares, with 10 out of 19 node validators indicating support for Native Markets. According to the Polymarket page, in the Hyperliquid stablecoin USDH auction, Native Market's probability of winning has risen to 98.1%, while Paxos' probability has dropped to 1.8%, ranking second.

Data: Total Stablecoin Market Cap Grows 0.96% in Past 7 Days, Surpasses $289.4 Billion

According to DefiLlama data, the current total stablecoin market cap across the network is $289.415 billion, up 0.96% over the past 7 days, with USDT holding a market share of 58.83%.

Nepal's Gen Z Financial Uprising: When the State Hits Mute, They Choose Crypto

During protests in Nepal, the government's shutdown of social media led to a 2000% surge in downloads of the decentralized communication app Bitchat. Cryptocurrency became a lifeline when the financial system was paralyzed, demonstrating the censorship resistance and resilience of decentralized systems.

Crypto America's Power Shift: Peter Thiel at a Historical Turning Point

The article reveals how Peter Thiel, through venture capital, politics, and ideological strategies, is driving right-wing tech forces to reshape the United States and global order, emphasizing the link between technological innovation and the survival of Western civilization.

ETF Inflows Slow Down, BTC at a Crossroads

Bitcoin's price is fluctuating between $110,000 and $116,000, with short-term holders taking profits and slowing ETF inflows suppressing upward momentum. The influence of the derivatives market is increasing, with futures and options activity balancing market structure.

Why Are Multicoin, Jump, and Galaxy's New DAT Play Being Underestimated?

The article analyzes the reasons why the DAT play is being underestimated, including the advantages of FORD as a shell resource, Kyle Samani's personal investment, deep cooperation between the three major institutions and Solana, Solana's potential for technical upgrades, and the unique ICM narrative.