Forward Industries, a Solana treasury company, released a digital asset treasury framework in response to SEC Commissioner Hester Peirce's statement on crypto treasuries and lending strategies. According to Foresight News, the framework proposes classifying treasuries into three types based on the actual management authority exercised by operators: Type I, or use, where users choose and set parameters themselves and developers only maintain the code; Type II, or follow, where operators set predefined strategies that users may follow and operators must make co-investments; and Type III, or advisory, where managers exercise actual decision-making power over strategies or specific asset trades and face stricter regulation. The framework also recommends coordinated SEC and CFTC oversight for treasuries holding both securities and commodities. It further calls for all treasuries to follow basic rules, including related-party transaction disclosures, public code audits, exclusion of disqualified persons, and anti-fraud requirements.

According to The Korea Herald, South Korea's economy is showing solid signs of recovery, supported by strong exports and improving domestic consumption, according to the finance ministry's monthly economic report, the Green Book. The ministry kept its positive assessment from the August report, while saying uncertainties tied to the war in the Middle East remain.

Moonshot AI, one of mainland China's so-called AI Six Tigers, is not considering a dual listing in Hong Kong and Shanghai, according to a report cited by Science and Technology Innovation Board Daily. ETNet reported that a source said the earlier market rumor was untrue. Last week, mainland media reported that Moonshot AI had confidentially filed an A1 application with the Hong Kong stock exchange during the week, formally starting its Hong Kong IPO process. Kimi, the company's AI assistant, said it would not comment on market rumors and had no information to disclose at present.

According to on-chain analyst Yu Jin, a suspected HypeStrat-linked address (0x6436...0103) accumulated and staked 365,000 HYPE over the past 24 hours. According to Odaily, the address also accumulated and staked 3.029 million HYPE over the past half-month at an average price of about $83.4, and it currently holds 31.8 million HYPE.

Two ZEC long positions were fully liquidated as ZEC declined, involving 3,848.5 ZEC worth $4.33 million. According to Odaily, the liquidations were tracked by Lookonchain.

According to Nikkei Asia, Shanghai Enflame Technology, one of China's leading makers of artificial intelligence chips and a domestic rival to Nvidia, rose 188% in its debut on Shanghai's bourse on Friday after the company flagged a lower valuation relative to peers.

According to Kabutan/Minkabu, HKET and RTHK, Asian equities opened broadly lower on Friday after Brent crude vaulted past $100 a barrel, US Treasury yields climbed and Wall Street fell for a fourth session, stoking fears the Federal Reserve may have to raise rates. Tokyo's Nikkei 225 opened down 994.13 points, or about 1.5%, at 64,276.82, with the TOPIX slipping below 4,000 to 3,998.58 at the open. Selling accelerated after the open; by 01:40 UTC the Nikkei was at 63,449.44, down 2.79%. Chip-related names led the retreat, with Advantest down 7.13% and Tokyo Electron off 4.45% as of 01:40 UTC, while Sony eased 0.22%. Traders cited the overnight US decline, higher oil and yields, and caution ahead of tonight's US CPI and next week's FOMC and Bank of Japan meetings. Seoul's KOSPI opened at 6,802.50, down 231.42 points or 3.29%, and was down more than 2% in early trade. Chipmakers weighed, with Samsung Electronics down 3.90% and SK Hynix off 3.99% as of 01:40 UTC. Hong Kong stocks opened lower, with the Hang Seng Index down 236 points, or 0.95%, at 24,718 and the Hang Seng Tech Index off 1.4% at 4,271. Alibaba and Tencent each fell more than 1% and Zijin Mining dropped nearly 4%, while CNOOC bucked the trend with a gain of more than 1%. The Hang Seng was at 24,599.68, down 1.42%, as of 01:40 UTC. Taiwan's TAIEX also opened lower and stood at 46,131.75, down 1.72% or 808.74 points, as of 01:40 UTC. TSMC fell 1.63%, MediaTek declined 2.01% and Hon Hai eased 1.39% as of 01:40 UTC. In mainland China, the Shanghai Composite and the Shenzhen Component each opened down about 1%, with all four major A-share gauges lower and more than 4,600 stocks declining; non-ferrous metals, agriculture and semiconductor shares led the pullback.

Celebrity-issued cryptocurrencies are bound to go to zero; the MEME cycle will eventually recede. Don't mistake speculation for investment.

As TradeXYZ continues to add new trading markets, its share of trading volume within the exchange continues to rise. Each new trading market brings in a net increase in users, and several macroeconomic drivers throughout the year further accelerated this growth.

The bond market reacted ahead of Friday's CPI release. The 10-year US Treasury yield rose to 4.943%, and the probability of a Fed rate hike next week rose to 71%. The market is worried that the Fed may tighten again, and the real key will be whether the CPI can deliver the final blow.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3178, providing you with the latest and fastest news on the digital currency and blockchain industry.

From machine-payment tracks to autonomous procurement networks, an infrastructure migration revolves around "who will equip the buyer."

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Japan's government bond yield has broken through 3% for the first time in 30 years, triggering global alarms.

An AI token worth watching ahead of Anthropic's IPO.

An unusual withdrawal of approximately $320 million has put Liquid Network in the spotlight.

LAPTOP gave 2% of its tokens to some of the TRUMP loss addresses, as if to compensate for the previous stumble; however, the extremely thin initial liquidity and asymmetric token distribution brought the injured back to the familiar trap of celebrity coins.