According to GoPlus monitoring, after Arc Chain launched, copycat RUGs of the high-market-cap Launchpad platform tokens ARGUS and TOLLY have appeared on the market. Most users are still learning how to trade cross-chain, and should carefully verify contract addresses before trading.

According to Lookonchain monitoring, an address spent $1,200 to buy 12.1 million ARGUS on Arc Chain, then sold 1.8 million ARGUS for $30,900, and still holds 10.1 million ARGUS, worth $332,000.

Odaily reports that in response to community skepticism, Arc ecosystem Launchpad Long posted on X platform stating that the stock tokens issued by Long are backed 1:1 by real stocks held on Robinhood. The relevant asset backing can be verified through on-chain bridge vaults, and 1:1 redemption is available between Robinhood Chain and Arc.It stated that Arc native USDC currently has approximately a 2x premium due to the cross-chain bridge not yet being open, causing stock tokens denominated in it to show prices lower than the underlying stock market prices. With the Arc public mainnet and native USDC cross-chain bridge opening on September 16, the premium is expected to gradually return to normal. At that time, Long also plans to provide deep liquidity for the CRCL/USDC trading pair, and launch a stock rewards model, Launchpad native USDC support, and more stock issuers.Previously—hilariously—Arc mainnet will launch on September 16. BonkGuy posted today stating that it has recently begun short-term positioning in Arc, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on the platform. Subsequently, crypto KOL 0xShawn stated that the long.supply platform is a platform that has rug permissions at any time.

1. Bitcoin spot ETFs saw a total net outflow of $120 million yesterday, with ARKB leading outflows at $77.9815 million;2. Ethereum spot ETFs saw a total net inflow of $34.7535 million yesterday, with BlackRock's ETHB leading inflows at $22.9376 million;3. Four.Meme: BNC4 completed its first daily buyback, with approximately $356,000 worth of 4Stock bought back and burned;4. long.xyz co-founder: Stock trading pairs will become the crypto market's "final Meta," with plans to expand distribution channels beyond Crypto Twitter;5. Coinbase CEO: Hopes to bring tokenized stocks to the U.S. as soon as possible;6. Cooling off? Robinhood Chain's daily revenue drops below $1 million, a significant decline from its peak;7. LAPTOP Foundation's X account suspended, Hunter Biden emphasizes he will not give up on the project;8. David Sacks: Anthropic's IPO should be paused pending completion of the whistleblower investigation;9. LaserCat: Stay committed to "the bull is coming," diamond hands all the way;10. Arc Chain to launch on September 16, Circle co-founder actively responds to fomo launch teaser;11. Citadel Securities calls for transferring regulatory authority over certain prediction market contracts to the SEC;12. Analysis: Declining trading volume will weaken incentives to hold crypto-equity narrative plays, potentially triggering a sell-off.

Odaily reports that since the beginning of this week, the on-chain momentum driven by Robinhood Chain has temporarily cooled, mainstream tokens have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain is developed by stablecoin issuer Circle and is an open blockchain network primarily targeting institutional-grade users. The market is divided on whether it will support crypto-native meme coin culture. Platforms such as OpenSea and FOMO have announced that they will support Arc Chain as soon as it goes live. In response to the FOMO launch teaser, Circle co-founder Jeremy Allaire has already responded positively.

Odaily News, September 3: Circle and decentralized perpetual futures trading platform edgeX jointly announced that, ahead of the Arc mainnet launch on September 16, edgeX will serve as Arc's flagship perp venue, offering 24/7 FX trading from day one of the mainnet. The two parties will work together to advance the development of on-chain FX and global asset trading markets on Arc.On the first day of the mainnet launch, edgeX will be the first to offer USD/JPY perpetual contracts with 24/7 trading, alongside more than 150 perpetual contract markets covering U.S. equities, commodities, and crypto assets. All markets will use Arc's native USDC as margin and settlement assets.Arc is Circle's Layer 1 blockchain built for stablecoin finance, specifically designed for stablecoin-based financial applications, featuring a built-in FX engine (StableFX), an institutional-grade RFQ quoting system, and 24/7 on-chain PvP (payment-versus-payment) settlement, with USDC serving as the native gas token.edgeX, backed by Circle Ventures, will exclusively launch FX perpetual markets for the Arc Chain. edgeX is one of the world's leading centralized perpetual futures exchanges by trading volume, having recorded over $900 billion in cumulative trading volume since its inception. Users can trade perpetual contracts on U.S. equities, commodities, FX, and crypto assets around the clock. Previously, the Circle and edgeX teams have collaborated on native USDC issuance and CCTP integration on the EDGE Chain.

Odaily News: Crypto KOL Unipcs (also known as "Bonk Guy") stated that Crypto Twitter (CT) and on-chain traders are constantly rotating to chase the hot narratives of each newly launched public chain—essentially, they are continuously seeking new opportunities to lose money.Unipcs noted that two weeks ago, the market concentrated on hyping the Base ecosystem narrative due to Robinhood Chain's performance, but the trend ultimately did not last. Last week, the market began viewing Stable Chain as the next "Robinhood Chain" opportunity, and he had previously warned the community about the related risks.He stated that the highest market-cap Meme coin on Stable Chain has already dropped approximately 90%, and most Meme projects have not generated genuine market attention.Unipcs believes he is not opposed to Tether or Arc Chain—if they focus on their positioning as stablecoin infrastructure, they may still achieve growth. However, forcibly fitting every new chain into the Meme coin narrative is an unreasonable market behavior.He added that many participants do not understand Meme coin culture, which could lead to significant losses for investors' assets. For trading Meme coins, Unipcs recommends focusing on networks with existing ecosystem foundations, such as Robinhood Chain, Solana, and BNB Chain.

Odaily星球日报讯 基于 Rust 语言的 AI 代理开发框架 arc 于 X 发文宣布，将与 Abstract Chain 合作，为 rig（arc 的框架名称）带来 EVM 兼容性。双方将共同培育新的开发者，在 Abstract 上构建 AI 应用程序。