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2026/09/08
Plattsburgh Considers 12-Month Moratorium on AI Data Centers and Crypto Mining Projects
Odaily Planet Daily report: A public hearing was held in Plattsburgh, New York, to discuss a temporary land use ban on high-energy computational facilities such as AI data centers and cryptocurrency mining. If approved, the ban would suspend the approval of projects with power demands of 300 kilowat
Franklin Templeton Veteran Appointed CEO of StablecoinX, Ethena's Largest Corporate Holder
StablecoinX, the Nasdaq-listed company focused on the Ethena ecosystem, has named Christopher Jensen as its new chief executive officer. Jensen, formerly with Franklin Templeton’s digital assets team, will lead the firm’s management of ENA, Ethena’s governance token.The appointment replaces Ted Chen
OpenAI Claims AI Solved Navier-Stokes Blow-Up Problem, NYU Mathematician Disputes Timeline
OpenAI said its internal AI model proved that the Navier-Stokes equations can blow up. The equations describe how fluids move. A blow-up is a point where the mathematics predicts infinite speed. The problem is one of seven Millennium Prize Problems worth $1 million each from the Clay Mathematics Ins
Polkadot Surges Amid Market Rotation and Fed Rate Hike Bets
While Bitcoin and Ether spent Tuesday treading water or drifting lower, a curious cohort of older layer-1 tokens quietly stole the show. Polkadot led the charge with gains between 7% and 20% in a single session, a move driven by a cocktail of short squeezes, spiking on-chain activity, and governance
ARK Applies to SEC for Tokenized Share Class in Venture Fund
ChainCatcher reports that ARK Investment Management has submitted an exemption application to the U.S. SEC seeking to issue a tokenized share class for its venture fund, ARK Venture Fund. The SEC issued a related notice on August 24 and set September 18 as the deadline for requests for a hearing. Th
ARK Investment Management Seeks SEC Approval for Tokenized Share Class
ARK Investment Management has asked the SEC to let it issue a new class of shares in its venture fund with ownership tracked on a distributed ledger. If approved, it would make ARK one of the first US fund managers to offer tokenized shares through a regulated structure, potentially beating heavywei
Strategy's $250 Bitcoin-Themed Jordans Sell Out, Expanding Saylor's BTC Brand
Strategy’s $250 Bitcoin-themed Air Jordans have sold out, extending Michael Saylor’s treasury brand from Wall Street into consumer culture.The shoes, launched Sept. 4 through Strategy's online store, were sold out by Sept. 8, with all nine advertised sizes listed as unavailable. The company did not
Nike Launches Tokenized NKE Stock on Solana via Sunrise Initiative
TL;DRNike’s NKE stock is now available on Solana through Sunrise, with Backpack Securities serving as the issuer. The tokenized equity gives Solana users access to Nike exposure through an onchain market designed for continuous trading. The launch adds another major global company to Solana’s expand
Lummis Criticizes Democratic Delays on the Clarity Act, Calls for Further Compromise
ME News reports that on September 9 (UTC+8), U.S. Republican Senator Cynthia Lummis again criticized Democrats for delaying the long-anticipated Clarity Act. In a response on X to a Semafor report, Lummis stated that if the bill fails, the blame lies with Democrats for refusing to join Republicans i
Robinhood Invests in Crypto.com and OG.com via Prediction Markets
Robinhood has agreed to take equity stakes in Crypto.com and its newly spun-off prediction markets platform, OG.com, in a multi-year arrangement designed to bolster Robinhood’s event-contract infrastructure in the United States. The move links Robinhood’s expanding prediction markets business to OG.
Soluna Completes 83 MW Kati 1 Bitcoin Hosting Site in Texas
Soluna Holdings said on Sept. 8 that it energized the final 14 megawatts at Project Kati 1 in Texas, completing the 83 MW Bitcoin-hosting site. The milestone lifts the company’s total operating capacity to approximately 206 MW and closes the first phase of a planned 166 MW computing campus.In its pr
Chime Acquires Stride Bank for $590M to Form Chime Bank, N.A.
Chime Financial just decided to stop renting and buy the house. The publicly traded neobank announced on September 8 that it will acquire Stride Bank, N.A. for $590 million in cash, with plans to rebrand the institution as Chime Bank, N.A. once the deal closes.The move transforms Chime from a fintec
Commerce Payments Protocol Processes $1.7M in USDC Volume on Base Network
A payment protocol jointly developed by Coinbase and Shopify is showing the kind of growth curve that makes crypto-commerce advocates feel vindicated. The Commerce Payments Protocol, which launched on Base in June 2025, has processed roughly $1.7 million in settled USDC volume across approximately 8
Senator Lummis Warns CLARITY Act Could Fail Due to Democratic Opposition
Senator Cynthia Lummis says the CLARITY Act will not fail over ethics concerns. But the bill could instead fail if Democrats refuse to support what she calls a bipartisan plan for consumer protection.Lummis said Democrats now face a choice: support American innovation and strong consumer protections
Shiba Inu Burn Rate Surges 1,307% as 46.25 Million SHIB Tokens Vanish
In Brief:Shiba Inu holders permanently removed 46.25 million SHIB tokens, lifting the daily burn rate by 1,307% within 24 hours overall.Weekly burns exceeded 126 million SHIB, demonstrating sustained community participation in the project’s long-term supply-reduction strategy and ecosystem developme
