24H Hot Coins and News | LINEA Token Officially Launched; Meteora Announces TGE in October (September 10)

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8 hours ago

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  1. 24-Hour Hot Search Cryptocurrencies
  • LINEA: Finally, the day of the token launch has arrived, no further explanation needed.

Headlines

LINEA TGE Opens 90-Day Claim Window, Plans to Airdrop Over 9.36 Billion Tokens

Odaily Planet Daily reports that Linea, an Ethereum Layer 2 network developed by Consensys, opened its native asset LINEA for claiming through a Token Generation Event (TGE) on Wednesday, starting a 90-day claim window that will last until December 9. According to the official documentation released by Linea, the total supply of LINEA tokens is approximately 72 billion, with 85% (61.2 billion) allocated to the ecosystem for community development, infrastructure construction, and support for Ethereum public goods. 75% of the ecosystem fund will be gradually released over the next 10 years. 10% (7.2 billion) is allocated for airdrops to reward early users, builders, and MetaMask ecosystem participants, with the tokens fully unlocked and no lock-up period. At TGE, the initial circulating supply is about 22%, with approximately 15.8 billion LINEA entering circulation, mainly distributed through airdrops and liquidity incentives (such as the Linea Ignition program). (The Block)

Meteora Announces TGE in October

Odaily Planet Daily reports that Meteora, a liquidity protocol in the Solana ecosystem, announced it will conduct a TGE in October and has entered "TGE preparation mode," aiming to complete TGE preparations as soon as possible.

Meteora has previously opened the first season points query, with the first season snapshot taken on June 30, and the second season activities are currently ongoing. The specific distribution status of the first season points is as follows:

Points for 2024: Total of 327.7 billion (327,723,650,254) points distributed across 328,976 wallets;

Points for 2025: Total of 565.3 billion (565,366,058,002) points distributed across 287,687 wallets;

Launch pool points: Total of 307.7 billion (307,712,100,712) points distributed across 24,929 wallets.

Falcon Finance to Conduct FF Token Community Sale on BuidlPad

Odaily Planet Daily reports that Falcon Finance, under DWF, will conduct a community sale of FF tokens on BuidlPad:

Sale Scale: $4,000,000;

Accepted Tokens: USD 1 (ERC-20 or BEP-20);

Unlocking Status: 100% of tokens unlocked at TGE.

Zhao Dong Has Not Yet Been Released from Prison, Applied for Parole on August 18

Odaily Planet Daily reports that the Zhejiang Provincial Prison Administration's public system shows that Zhao Dong applied for parole on August 18. The parole process typically takes 3 to 6 months (specific timing is affected by the prison review process, court efficiency, and case complexity), indicating that Zhao Dong has not yet been released.

Industry News

Current ETH Waiting to Unstake Surges to 2.04 Million, Setting New Historical High

Odaily Planet Daily reports that data from the Ethereum staking tracking site Validator Queue shows that the amount of ETH waiting to unstake on the Ethereum network has surged to 2,040,329, with withdrawal delays currently reported at 35 days and 10 hours. Meanwhile, the amount of ETH waiting to stake is currently reported at 808,206, with a waiting time of 14 days and 1 hour in the admission queue.

Gemini IPO to Allocate 30% of Shares to Retail Investors

Odaily Planet Daily reports that Gemini Space Station Inc., founded by Cameron and Tyler Winklevoss, will go public on the US stock market this Friday (September 13), planning to allocate up to 30% of shares in its initial public offering (IPO) to retail investors.

According to updated prospectus documents released on Tuesday, these shares will be made available to small investors through online brokerage platforms such as Robinhood, Moomoo, and Webull, providing ordinary investors with a rare opportunity to participate in the pre-IPO investment of this billionaire-backed cryptocurrency exchange. (Bloomberg)

Anchorage Allegedly Accumulates HYPE for a16z, Total Holdings May Reach $91 Million

Odaily Planet Daily reports that on-chain analyst MLM has monitored that Anchorage is still accumulating HYPE through Bybit, withdrawing 455,000 HYPE today, worth $25.3 million, and transferring 210,000 HYPE, worth $11.7 million, to a new wallet likely belonging to a16z.

Currently, a16z-related wallets hold a total of 1.638 million HYPE, worth $91 million. Last week, Anchorage purchased 1.428 million HYPE for a16z, worth $79 million.

Litecoin Treasury Company MEI Pharma Announces Name Change to Lite Strategy

Odaily Planet Daily reports that Nasdaq-listed Litecoin treasury company MEI Pharma has announced its name change to Lite Strategy, and the company's stock ticker on the Nasdaq stock market will change from MEIP to LITS, effective at the market opening on September 11, 2025. It is reported that Litecoin founder Charlie Lee has become a member of the company's board of directors. (Businesswire)

CEA Industries Increases Holdings by 30,000 BNB, Total Holdings Reach 418,888 BNB

Odaily Planet Daily reports that Nasdaq-listed company CEA Industries has announced it has increased its holdings by 30,000 BNB (worth approximately $26 million), bringing its total holdings to 418,888 BNB, valued at approximately $368 million. (Globenewswire)

Coinbase to List KMNO and DOLO

Odaily Planet Daily reports that Coinbase has announced it will list Kamino (KMNO) and Dolomite (DOLO) for spot trading on September 11, 2025. In regions where liquidity conditions are met and trading is supported, the KMNO-USD and DOLO-USD trading pairs will open at or after 9 AM Pacific Time.

OKX Boost First Phase X Launch Event Registration Has Ended, Each Point Can Be Redeemed for Over 2,100 LINEA

Odaily Planet Daily reports that according to official news, registration for the first phase of the OKX Boost X Launch event has ended, with a total of 23,100 eligible addresses participating, and a total trading point of 76,359.77, with each point redeemable for over 2,100 LINEA tokens.

Additionally, the token claiming time will start tonight at 11 PM.

Binance: The Threshold for Linea's First Phase Airdrop is at Least 220 Alpha Points

Odaily Planet Daily reports that according to an official announcement, Binance Alpha will list Linea (LINEA), with Alpha trading starting at 10:30 PM (UTC+8) on September 10, 2025. The total amount of this airdrop is 539,993,300 LINEA tokens. Eligible Binance users can use Binance Alpha points to claim 7,700 LINEA tokens in the airdrop within 24 hours on the Alpha event page.

Binance Alpha Airdrop will be distributed in two phases: Phase One (first 18 hours): Users holding at least 220 Alpha points can claim. Phase Two (next 6 hours): Users holding at least 200 Alpha points can participate in the second phase airdrop on a first-come, first-served basis. If the event is not over, the score threshold will automatically decrease by 15 points every hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise, it will be considered a waiver of the airdrop.

Binance Alpha to Launch ARAI (AA) on September 12

Odaily Planet Daily reports that according to official news, Binance Alpha will launch ARAI (AA) on September 12. Eligible users can go to the Alpha event page to use their Binance Alpha points to claim the airdrop after Alpha trading opens. Further details will be announced separately.

Project News

Hyperliquid: USDH Auction Proposal Submission Deadline is 18:00 on the 10th, Validator Voting Will Start at 18:00 on the 14th

Odaily Planet Daily reports that the Hyperliquid team announced in the community that teams bidding for USDH must submit proposals by 10:00 UTC on September 10; validators will publicly vote on the candidates by 10:00 UTC on September 11.

Users can delegate their stakes to validators aligned with their intentions before the validator voting starts at 10:00 UTC on September 14. Voting weight is calculated based on the amount staked, and the foundation will effectively abstain.

swarms: Former DAO Member "SongShu Swarms" Deceives Investors, Associated Launch Platform ssi.fun is a Scam

Odaily Planet Daily reports that swarms posted on the X platform stating that SongShu Swarms (@imsongshu), a former DAO member who led the swarms foundation, deceived investors and attempted to manipulate the swarms market. SongShu Swarms removed all members of the swarms team from the DAO chat and refused to pay the team for support during the launch of SSI. He also controls the scam launch platform ssi.fun (@ssidotfun), which is expected to be used to deceive investors soon.

Songshu Responds to Swarms Accusations: High-Value Holdings Reached $30 Million Without Selling, Team Requested 10% Platform Fee and Was Attacked

Odaily Planet Daily reports that Songshu (@imsongshu), a member of the Swarms foundation, responded to the accusations from Swarms, stating that when the value of his Swarms token holdings peaked at $30 million, he transferred that portion of tokens to the foundation and never sold them. The team requested a 10% platform fee from SSI but was unsuccessful, leading to the attack.

Previously, swarms stated that SongShu Swarms deceived investors and attempted to manipulate the swarms market.

Holoworld AI Opens HOLO Genesis Airdrop Query

Odaily Planet Daily reports that the AI agent generation protocol Holoworld AI has announced the opening of HOLO Genesis airdrop queries, with claims opening on September 11 at 19:00 and a claim period of 60 days. Supported chains include BNB Chain and Solana.

Holoworld AI stated that 10% of the supply will be allocated to reward AVA stakers, early product users, and community members, with 6% allocated to AVA stakers, 1.5% to Ava Studio users, 1% to agent market creators, and 1.5% to 3D Pudgy Penguin and HoloPass NFT holders.

Decentralized AI Agent Platform Talus Establishes Foundation, Will Launch Mainnet and Token US

Odaily Planet Daily reports that the decentralized AI agent platform Talus Network has announced the establishment of a foundation account and released a Litepaper. The purpose of the Talus Foundation is to manage the network's growth, decentralization, and long-term sustainability. The Litepaper details the Talus Agentic Framework (TAF), Nexus protocol, and the economic structure of the US token and network. The total supply of US tokens is 10 billion, following a deflationary mechanism.

Talus stated that as the mainnet and TGE approach, the first batch of autonomous agents will be put into production as a preliminary attempt, and the foundation will support a consumer-grade product for a new type of decentralized AI (DeAI) use case called agent-to-agent (AvA) gaming. This solution is supported by Talus's Nexus framework, aiming to build agents that humans can trust.

Investment and Financing

Altvest Capital Plans to Raise $210 Million to Purchase Bitcoin

Odaily Planet Daily reports that Bitcoin News posted on the X platform that South African financial company Altvest Capital plans to raise $210 million to purchase Bitcoin, becoming the first African company to use Bitcoin as a reserve asset.

Domain Tower Logistics Technology Receives $150 Million Strategic Investment from Huaying Holdings

Odaily Planet Daily reports that Nasdaq-listed Domain Tower Logistics Technology announced that Huaying Holdings' dollar fund Solomon Capital Fund SPC-Solomon Capital SP 9 has made a $150 million strategic investment in it. Both parties will jointly explore logistics asset tokenization (RWA) and stablecoin application innovation. Domain Tower Logistics Technology previously announced plans to acquire 15,000 BTC, with a total transaction amount of up to $1.5 billion. Additionally, the company announced it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the stablecoin regulations take effect in Hong Kong. (Hong Kong Economic Journal)

Regulatory Policies

US August PPI Year-on-Year at 2.6%, Expected 3.3%

Odaily Planet Daily reports that the US August PPI month-on-month is -0.1%, expected 0.30%, previous value 0.90%.

The US August PPI year-on-year is 2.6%, the lowest since June, expected 3.3%, previous value 3.30%.

The US August core PPI month-on-month is -0.1%, expected 0.30%, previous value 0.90%. (Jin Ten)

South Korea Lifts Ban on VC Financing for Crypto Companies, Effective September 16

Odaily Planet Daily reports that South Korea's Ministry of SMEs and Startups announced that the State Council has approved partial amendments to the "Special Act on Promoting Venture Enterprises," lifting restrictive definitions on virtual asset trading and brokerage companies. Starting September 16, crypto-related companies can apply for venture capital funding. This ban was established in 2018 to curb overheated speculation and has been in effect for nearly seven years. The DAXA, an industry association of South Korea's five major exchanges, welcomed this, stating that the policy shift could become a "turning point" for industry development. (Cryptonews)

India Resists Comprehensive Cryptocurrency Regulatory Framework

Odaily Planet Daily reports that according to Reuters, government documents show that India is inclined not to formulate comprehensive laws regulating cryptocurrencies but to maintain partial regulation due to concerns that integrating digital assets into the mainstream financial system may pose systemic risks.

The document cites the Reserve Bank of India's (RBI) view that controlling cryptocurrency risks through regulation will be very difficult in practice.

People & Voices

Eric Trump Responds to Removal from ALT 5 Board: Not a Withdrawal

Odaily Planet Daily reports that Eric Trump, the son of Donald Trump, responded on the X platform to his removal from the board of WLFI treasury company ALT 5 Sigma, stating that he is not withdrawing from the project but has been reassigned to a board observer at Nasdaq's request, which is a necessary step to comply with listing rules. In response, Eric Trump stated, "Correct! I am 1000% committed to WLFI, driving the future of redefining finance, and will give it my all."

Matrixport: Ethereum Holding Companies Perform Flat, Trading Volume Slows, Leverage Pressure on Long Positions

Odaily Planet Daily reports that Matrixport released a chart today stating that Ethereum holding companies have recently performed flat, with their NAV (Net Asset Value) hovering around 1x, indicating that investors are no longer willing to pay a premium; Bitcoin holding companies' NAV has also seen a significant decline.

Ethereum trading volume has plummeted from $122 billion to $41 billion, but open interest in futures remains high, providing short-term support for ETH prices. However, as liquidity tightens and funding rates remain high, leveraged long positions may face passive liquidation pressure.

The US inflation data released this week and next week's Federal Reserve meeting may provide favorable factors for the crypto market.

Bitwise CIO: SOL Season is Coming, Year-End May See "Epic" Performance

Odaily Planet Daily reports that Bitwise Chief Investment Officer Matt Hougan expects SOL to perform strongly by the end of this year. Strong ETP flows and corporate capital purchases will drive it to exhibit a trend similar to BTC and ETH. He stated that, in terms of blockchain scale, the funds flowing into Solana are relatively small, which could have a significant impact on prices in the coming months. All factors are preparing for an epic end-of-year run for Solana. (The Block)

Dragonfly Partner: USDH Bidding is Like a Farce, Possibly Tailored for Native Markets, Community and Validators Have Divergent Opinions

Odaily Planet Daily reports that Dragonfly Managing Partner Haseeb posted on the X platform, stating, "It’s starting to feel like the USDH RFP is a bit of a farce. I’ve heard from multiple bidders that no validators are interested in considering other issuers besides Native Markets. This isn’t even a serious discussion; it’s as if a backroom deal has already been made.

The proposal from Native Markets appeared almost immediately after the USDH RFP was announced, suggesting they were notified in advance. Others were scrambling to put things together all weekend. So the entire USDH RFP is basically tailored for Native Markets. Meanwhile, the community seems to agree that the best proposals come from established players like Ethena, Paxos, and Agora, rather than a brand new startup like Native Markets. Polymarket tells the same story—once the Ethena proposal was announced, the odds skyrocketed, becoming the most likely winning option until people realized the validators were not interested. Within 2 hours, the odds plummeted."

He later added in the comments, "I’ve now heard from over half of the USDH bidders that they agree with this and say they won’t speak out publicly because they think it’s pointless and will only be criticized." Additionally, another bidder remarked, "For obvious reasons, I don’t want to say this publicly, but count me among those who are ‘sure this is prepared for Native Markets, and they want to conduct procedural governance voting but underestimated how fierce the competition would be.’"

Nansen CEO: Dragonfly Partner's Claims are False, Nansen and Hypurr Co Operate the Largest HL Validator and Encourage USDH Bidders to Participate

Odaily Planet Daily reports that in response to "Dragonfly Partner Haseeb's claim that the USDH bidding may be tailored for Native Markets," Nansen CEO Alex Svanevik commented, "This is absolutely a factual error. We operate the largest HL validator in collaboration with @hypurr_co; our team has invested significant effort in reviewing proposals and communicating with bidders to find the best alternatives for HL. This week, I’ve been receiving private messages and calls from USDH bidders, and it has always been us reaching out to them proactively. We even encourage hesitant players to advance their proposals to make the whole process more competitive." Additionally, when asked about Nansen's voting intentions, he introduced Hypurr Co's mixed governance decision-making approach, where the weight of stakers, community, and validators is 70:15:15.

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