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A wallet linked to crypto market maker Cumberland withdrew 3.5 million PONS worth $2.78 million from Gate over the past four days, according to Lookonchain. Exchange outflows are generally seen as a sign of accumulation.

Germany’s far-right Alternative for Germany party won 43.8% of the vote in the Saxony-Anhalt state election, which could strengthen its influence in political debate over crypto tax reform even though the result does not directly change federal tax law, Cryptopolitan reported. The party has argued for maintaining the current policy under which gains from BTC sales are not taxed if the holdings are kept for more than 12 months. It also opposes bringing individual mining and Lightning Network node operations into the scope of business taxation.

Layer-1 blockchain Cronos said about $9.19 million stolen in the Aug. 30 exploit has not been recovered so far. According to The Block, Cronos said the hacker manipulated collateral on lending protocol Tectonic to borrow $120.4 million, after which validators halted the network at block 90,907,150. Through a rollback, about $111.2 million in affected funds was restored to its pre-attack state. However, $9.19 million, or 7.6% of the total losses, had already left the network before the halt and was not included in the recovery.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 47.87% long, 52.13% short - Binance: 48.30% long, 51.70% short - OKX: 48.38% long, 51.62% short - Bybit: 47.39% long, 52.61% short

Japan’s San-in Godo Bank said it is formally reviewing a new fundraising model using digital securities with NTT Data and Securitize Japan. The bank is first considering a plan under which it would act as the issuer and issue and sell bond-type security tokens. If an actual issuance goes ahead, it would likely mark the first case of a Japanese regional bank directly issuing and selling bond-type security tokens. The three parties also plan to review ways to expand the model to regional companies and local governments, as well as to other regional banks using NTT Data’s shared system for regional banks. However, the project remains under review, and no final decision has been made on whether an issuance will proceed.

Recent gains in Zcash (ZEC) appear closer to speculative buying driven by market narratives than to growth in actual network usage, F2Pool co-founder Wang Chun said. He said ZEC’s large market capitalization does not mean it has proven value commensurate with that position. Wang added that ZEC’s ranking alongside Solana and Hyperliquid by market cap does not mean it serves the same role as those networks. In his view, ZEC has not delivered results consistent with a top-10 market cap network, citing what he described as unfair token issuance, team compensation disproportionate to performance, prolonged operational conflicts and a vulnerability that existed in a private pool for four years. Wang said Solana and Hyperliquid each have their own points of criticism but have secured real use cases, while ZEC has only seen price gains tied to exchange listings and a short squeeze and should not be equated with real-world usage.

The Rollup host Andy claimed, citing a source, that the U.S. SEC has approved fund tokenization for a major asset manager. Fidelity, ARK Invest, and BlackRock are seen as possible candidates. The firm could issue and trade fund interests themselves as onchain tokens, while also supporting transactions linked to the underlying assets. Andy said the information recently obtained was more specific than before and argued the rumor was likely true. No official announcement has yet been made by the SEC or the asset manager involved.

Shinhan Securities suggested investors need to broaden their portfolios beyond stocks and bonds to include commodities and digital assets. Park Woo-yeol, a senior researcher at Shinhan Securities, said at a press briefing held today at the Korea Exchange in Seoul’s Yeouido that investors have typically allocated portfolios 60/40 to stocks and bonds on the expectation that bonds would provide downside protection when equities fall, according to The Asia Business Daily. Park said stocks and bonds have recently continued to move in the same direction, prompting the firm to recommend allocations to investments with lower correlation to those assets, including 8% in alternative assets and 2% in digital assets.

Australia’s financial intelligence agency AUSTRAC said it has canceled or suspended registrations, or refused renewals, for 45 cryptocurrency and remittance service providers over the past year. The affected firms included companies that had ceased operations or become insolvent, as well as businesses deemed at high risk for money laundering and terrorism financing. AUSTRAC said companies with canceled registrations can no longer provide related services. In June, CoinNess reported AUSTRAC had revoked virtual asset service provider registration for GetCoins, which had been known as having been exploited in an organized cryptocurrency investment scam.

South Korean exchange Upbit announced a revision to the Onyxcoin (XCN) circulation plan. The exchange said the projected circulating supply for September 2026 was adjusted to 40,602,432,257 XCN from 40,202,432,257 XCN, reflecting an additional 400 million XCN entering circulation.

LayerZero said on Sept. 8 it will apply its Omnichain Fungible Token standard to KRW1, a won-denominated stablecoin issued by BDACS, supporting its multichain expansion. According to Electronic Times Internet, KRW1 is designed to maintain a one-to-one peg with the South Korean won. BDACS said it keeps won reserves matching the token supply at South Korean commercial banks and discloses reserve holdings while undergoing regular external audits.

Sweden’s tax agency has imposed about 540 million kronor ($56.5 million) in taxes and fines on six cryptocurrency mining companies in Boden, northern Sweden, BlockBeats reported. According to the authorities’ investigation, the companies are accused of using complex corporate structures and special contracts to disguise their actual crypto mining business as ordinary data processing operations and improperly receive tax benefits available to data centers.

Aptos is launching 'Confidential' APT on its mainnet, Crypto Briefing reported. The token will operate as a one-to-one wrapped version of APT and allow users to selectively enable privacy features. When activated, wallet addresses and transaction participants will remain visible on-chain, while balances and actual transfer amounts will not be disclosed. The feature has also been integrated into Petra Wallet.

Cronos CEO Ryan Wyatt said he plans to propose a tokenomics measure that would use 100% of revenue generated by the app for CRO buybacks and burns. Wyatt had previously said a CRO tokenomics overhaul, including buybacks and burns funded by app revenue, would be reflected in the project’s roadmap.

South Korean exchange Bithumb announced the addition of Cluster Protocol (CP) for trading at 6:30 a.m. UTC today.

South Korean exchange Upbit announced the addition of Cluster Protocol (CP) for KRW, BTC and USDT trading at 5:30 a.m. UTC today.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $39.67 million liquidated (89.58% longs) - ETH: $22.90 million liquidated (68.95% longs) - ZEC: $12.41 million liquidated (82.74% longs)

Hyperliquid burned 15,350 HYPE worth $1.32 million over the past 24 hours, according to Onchain Lens. The average burn price was $86.17. Cumulative burns reached 48.45 million HYPE, worth about $4.11 billion, or roughly 4.84% of HYPE’s total supply.

South Korea should broaden the potential use of public blockchains in its tokenized securities framework, as relying solely on private chains could make interoperability between financial institutions more difficult and limit links to global liquidity, News1 reported from the second Ethereum Korea Policy Seminar held in Seoul on Sept. 8. Adrian Lee, the Ethereum Foundation’s head of Asia-Pacific policy, said South Korea’s STO framework is heavily focused on requiring activity to remain on private blockchains. While Lee said the rationale for that approach is understandable, Lee added there are practical risks that are not always clearly visible and said public blockchains could be one solution. Matthew Dawson, co-founder of Ethereum Institutional, cited JPMorgan as an example of public blockchain adoption. Dawson said JPMorgan built blockchain-based financial infrastructure by developing Quorum, a private blockchain using Ethereum technology, and is now also expanding tokenization efforts in the public Ethereum ecosystem.

The rate of unreported or unfulfilled crypto tax obligations in France may exceed 90%, according to a Chainalysis analysis. Chainalysis said there is a wide gap in France’s crypto tax reporting system between potentially taxable crypto activity and actual tax filings. For the 2024 income year, only 24,000 individuals reported net gains from crypto, with total declared net gains of €368 million ($394.9 million). In the previous year, about 7,700 taxpayers reported a combined €150.8 million ($161.7 million) in gains. The trend shows crypto tax reporting is structurally not being carried out properly, Chainalysis said. The estimate that nonreporting and noncompliance could exceed 90% also aligns with the broader global picture. Chainalysis previously estimated that potentially taxable on-chain activity worldwide would exceed $457 billion in 2025, while only about 14% was expected to comply with new reporting frameworks.

Binance founder Changpeng Zhao said on X that initial public offerings will eventually move on-chain. Zhao had earlier said at EASY Residency, an incubation program hosted by Binance investment arm YZi Labs, formerly Binance Labs, that he had once been skeptical about real-world asset tokenization but had recently changed his view, adding that RWA will grow.

Real Vision said founder Raoul Pal and Sui co-founder and Chief Product Officer Adeniyi Abiodun will host a live broadcast on X on Sept. 10, local time. The discussion is set to focus on the Sui ecosystem’s growth structure, total value locked, and the convergence of AI and cryptocurrencies.

Uniswap founder Hayden Adams said UNI’s annualized burn value has surpassed $250 million. Earlier, Wu Blockchain reported that the dollar value of UNI burned on Sept. 4, local time, reached $1.15 million for the day, topping $1 million for the first time.

South Korean exchange Bithumb announced the addition of USELESS for trading at 5:00 a.m. UTC today.

Samsung Securities will join KDX, an over-the-counter exchange for tokenized securities, as a new shareholder and plans to participate in the platform’s second paid-in capital increase, Digital Times reported. The move aligns with Samsung Securities’ broader expansion in the digital asset market, following its investment in Dunamu shares in June.