Odaily News: Ferrari NV tokenized stock RACE has launched on Solana through the Sunrise asset gateway, with Backpack Securities serving as the issuer, effective October 6. Each RACE token is backed 1:1 by one actual Ferrari share held in regulated custody, and holders can redeem it for traditional stock equity through Backpack Securities. The token is supported on trading venues including Phantom, Jupiter, and Raydium, offering 24/7 trading and eligibility for dividends and corporate actions; Backpack plans to expand its tokenized stock tickers on Solana from approximately 200 to 10,000.

Odaily reports that Ray Dalio, founder of Bridgewater Associates, said on October 6 that the United States may face a debt crisis within three years, with interest expenses squeezing the federal budget. Annual US revenue is about $5.5 trillion, spending is about $7.5 trillion, and the fiscal gap is close to $2 trillion; federal debt held externally by the government is about $32 trillion, with annual interest of about $1 trillion.The US 10-year Treasury yield closed at 5.31% on October 5, while the 30-year yield was 5.66%. Japan held $1.10 trillion in US Treasuries in July, down from $1.24 trillion in February; its 10-year government bond yield rose to 3.12% on October 1, the highest since August 1996.Ray Dalio proposed a "3% three-part plan" to reduce the fiscal deficit ratio from about 6% of GDP to 3% by cutting spending, increasing tax revenue, and lowering interest rates; he suggested allocating 10% to 15% of a portfolio to gold and keeping only a small portion in Bitcoin.On October 6, the price of Bitcoin was about $85,630, about 32% below its all-time high of $126,080 and down about 3.5% year to date; gold futures fell about 4.2% over the same period. (Bitcoin.com News)

Odaily News: The Drift Foundation posted a response to community concerns, stating that DFX is not pegged to 1 USDT. For every 1 USDT of confirmed loss, users receive 1 DFX, but the ultimate redemption value of DFX depends on the balance of funds in the Recovery Pool at the time of redemption.The Drift Foundation stated that the Recovery Pool currently covers only about 1% of the total claims amount. Users can choose to redeem DFX, or continue to hold it and retain the right to claim future inflows into the Recovery Pool, or trade it on secondary markets such as Raydium.

Odaily reports that victims of the Drift hack, a perpetual contract exchange on Solana, began filing claims on October 1. The recovery pool's initial funding stands at approximately $3.11 million against nearly $295.4 million in verified losses. Victims can redeem USDT through DFX tokens, with each $1 of loss converting to roughly 1.04 cents at launch, meaning a $1,000 loss corresponds to about $10.40.The total supply of DFX is fixed at 299,500,810.998 tokens, with each token corresponding to $1 of verified loss from the April incident, and no additional tokens will be minted. Holders can choose to burn DFX to redeem USDT, sell on secondary markets such as Raydium, or continue holding their claims. Completed redemptions are irreversible, and unclaimed tokens will expire after the claims window closes on January 1, 2028.Future funding for the recovery pool includes a portion of daily net protocol revenue from Velocity, the rebranded exchange rebuilt by Drift, up to $127.5 million in USDT committed by Tether, $20 million in USDT committed by strategic partners, and recovered stolen assets. On the first Friday after claims opened, approximately 216,480 DFX tokens were redeemed for about 2,250 USDT, with Velocity's first revenue transfer amounting to 31 USDT; approximately 13,025.9 ETH is spread across 4 Ethereum wallets, another approximately 2,309.4 ETH passed through Tornado Cash, and about $9.2 million in assets have been frozen at other addresses. (Bitcoin.com News)

Odaily News: On September 22, according to SoSoValue data, the crypto market rose across the board, with the AI sector showing strong performance, up 9.66% in 24 hours. Among them, Bittensor (TAO) rose 18.97%, Akedo (AKE) surged 13.63%, and Fetch.ai (FET) gained 14.01%. Meanwhile, Bitcoin (BTC) rose 5.31%, briefly breaking above $87,000 during intraday trading; Ethereum (ETH) rose 2.63%, breaking above $2,700.Notably, MAG7.ssi rose 4.54%, DEFI.ssi rose 0.01%, and MEME.ssi rose 11.08%.In other sectors, the Meme sector rose 8.91% in 24 hours, with Pepe (PEPE) up 25.19%; the PayFi sector rose 4.22%, with eCash (XEC) up 10.11%; the Layer2 sector rose 2.77%, with ImmutableX (IMX) up 8.00%; the Layer1 sector rose 1.85%, with Sui (SUI) up 12.68%; the CeFi sector rose 1.49%, with Cronos (CRO) up 8.19%; the DeFi sector rose 1.04%, with Raydium (RAY) up 7.14%. Crypto sector indices reflecting historical sector performance showed that the ssiMeme, ssiAI, and ssiGameFi indices rose 11.54%, 9.74%, and 7.52% respectively.

Odaily News: According to Token Terminal data on September 15, over the past 30 days, the cumulative trading volume of xStocks tokenized stocks on DEXs was approximately $1 billion.Among them, Raydium accounted for 80.5% of the market share with approximately $805.2 million in trading volume; Byreal ranked second with approximately $107.9 million in trading volume; Orca followed with approximately $72.5 million.On-chain tokenized stock trading activity has notably increased recently. As more stock-related assets and liquidity enter on-chain markets, DEXs are gradually becoming one of the important trading and liquidity venues for tokenized stocks.

Odaily News — On September 11, according to SoSoValue data, as US August PPI came in above expectations, market bets on the probability of a Fed rate hike in September rose to 70%. Combined with the ECB's firm commitment to a 25BP defensive rate hike, crypto market sectors declined once again. The PayFi sector showed weakness, leading the decline over 24 hours with a 4.36% drop, among which Zcash (ZEC) fell 11.60%, Dash (DASH) fell 3.83%, and XRP fell 2.48%.Meanwhile, Bitcoin (BTC) fell 1.53%, dropping below $77,000; Ethereum (ETH) fell 0.40%, dropping below $2,500.Among other sectors, the CeFi sector fell 1.26% over 24 hours, with Aster (ASTER) down 5.17%; the Layer1 sector fell 2.47%, with Canton Network (CC) down 5.22%; the DeFi sector fell 2.87%, but Raydium (RAY) bucked the trend with a 26.19% gain; the Meme sector fell 3.39%, with MarsCoin (MARSCOIN) and 牛来 (牛来) surging 18.95% and 42.86% respectively during intraday trading; the Layer2 sector fell 4.14%, with Starknet (STRK) down 8.16%.Crypto sector indices reflecting historical sector performance show that the ssiLayer2, ssiDeFi, and ssiPayFi indices fell 4.23%, 3.21%, and 3.08% respectively.

Odaily报道：Raydium官方表示，LaunchLab现已支持Raydium上的任意代币交易对。此次升级将灵活的交易对机制引入Solana生态，带来更深的流动性、更低的手续费以及更适合Meme币交易的市场环境。

Odaily News, DeFi researcher Ignas posted on X platform stating that the market appears to be showing signs of some on-chain funds rotating from the Robinhood ecosystem to Solana. Over the past 24 hours, tokens related to trading infrastructure in the Solana ecosystem have performed strongly, with RAY up 60%, JUP up 21%, ORCA up 12%, and MET up 13%. Additionally, cross-chain data shows that bridged funds on Solana have increased by approximately $18.8 million, while Robinhood Chain has decreased by approximately $47.8 million.Ignas believes that although the current bridge volume remains relatively small compared to the overall TVL, some traders may be taking profits on Robinhood ecosystem Meme coins and pivoting to buying trading infrastructure tokens on Solana to bet on a similar market trend.

Odaily News, September 7 — According to SoSoValue data, cryptocurrency market sectors showed mixed performance, with the AI sector standing out with a 2.10% gain over the past 24 hours. Among them, Bittensor (TAO) rose 10.03% and Pieverse (PIEVERSE) increased 5.18%. Meanwhile, Bitcoin (BTC) slipped 0.11%, dropping back below the $80,000 mark, while Ethereum (ETH) fell 0.11%, holding steady around $2,500.In other sectors, the DeFi sector rose 1.21% over the past 24 hours, with Raydium (RAY) climbing 34.80% within the sector. The Layer 2 sector was up 0.82%, with Celestia (TIA) gaining 11.07%. The PayFi sector rose 0.53%, with Zcash (ZEC) adding 10.94%. The Layer 1 sector edged up 0.27%, with Injective (INJ) advancing 7.30%.Additionally, the CeFi sector fell 1.87%, with Binance Coin (BNB) declining 2.36%. The Meme sector dropped 2.26%, with Pons (PONS) falling 15.43%. MarsCoin (MARSCOIN) decreased 33.83%.The crypto sector index, which tracks historical sector performance, showed that the ssiAI, ssiDeFi, and ssiLayer2 indices rose 4.27%, 1.17%, and 1.01%, respectively.