1. CZ: 99% of startup ideas are good; the key is whether the team can execute them well;2. The U.S. SEC has published its review priorities for fiscal year 2027, focusing on tokenization, cybersecurity, and emerging technology risks;3. Phantom has launched Kalshi prediction market services for U.S. users, saying it is confident about regulatory disputes;4. Kalshi plans to launch U.S. CPI futures in December, targeting major Wall Street banks and hedge funds;5. Yi Lihua: Bitcoin has been fluctuating for a long time since pulling back from $86,000, and I believe there will be opportunities to buy the dip;6. Trader Killa: Bitcoin's key cycle turning point may arrive within a few days;7. Robinhood bets on the AI track again: invests $10 million in Cognition, after previously investing $75 million in OpenAI;8. Futu Hong Kong opens BNB deposit and withdrawal services to qualified professional investors;9. South Korea's Financial Services Commission will study allowing cryptocurrency exchanges to participate in the STO market;10. Is market selling pressure starting to erode institutional demand? Bitcoin ETF single-day net outflows hit a new high since June;11. DCG founder and the Winklevoss twins clash again, competing over Zcash mining and ETFs.

Odaily report: As the privacy coin Zcash (ZEC) surged by as much as approximately 3000% during the year, early Bitcoin investor and Gemini co-founder Cameron and Tyler Winklevoss, along with Digital Currency Group (DCG) founder Barry Silbert, are ramping up their positions in the Zcash ecosystem, with the competition centered on mining infrastructure and investment products. Cypherpunk Technologies, backed by the Winklevoss brothers, and Fortitude Mining, backed by Silbert, have become major miners on the Zcash network, with both sides planning to invest tens of millions of dollars to expand their hash power. Cypherpunk currently accounts for approximately 20% of the network's total hash power, while Fortitude is expected to reach 20% once its latest equipment deployment is completed.On the investment products side, DCG's Grayscale launched the first U.S. Zcash ETF in August, while the Winklevoss brothers filed for their own Zcash ETF this month. Zcash has recently regained market attention, partly because artificial intelligence technology has enhanced the ability to track public blockchain transactions, driving up demand for financial privacy among crypto investors. A U.S. ruling in March 2025 also alleviated some regulatory concerns about privacy coins. Cameron Winklevoss stated that Zcash gives investors the opportunity to relive the experience of investing in Bitcoin early on. The two parties previously had a public dispute over the collapse of the Gemini Earn project, and now they are competing once again in the Zcash ecosystem. (Bloomberg)

Odaily News: Umia announced it has raised $6.11 million through a 7-day UMIA token auction, selling 34.6% of the total UMIA supply at a fully diluted valuation of $18 million. Approximately 45% of the subscription funds came from institutional investors, with 10 funds and nearly 700 individual bidders participating, including Galaxy Ventures, DCG, and Draper Associates. Umia provides legal frameworks, on-chain auctions, and governance tools for crypto projects, and its first external project, Slop.cash, is expected to launch in Q4 2026.

Odaily reports that Antseed Foundation has announced the completion of a $2.4 million token round, led by Spark Capital, with participation from Collider, DCG, North Island Ventures, Reciprocal Ventures, Relay Capital, and Venice.ai. Antseed's primary business is building a peer-to-peer AI inference network that enables model and agent service providers to offer services directly to users, with matching and settlement completed through local routing, reputation mechanisms, and on-chain payments.

Odaily reports: Grayscale's parent company DCG posted on X platform that last week the U.S. Securities and Exchange Commission (SEC) proposed reforming the accredited investor system, allowing certain investors to qualify for participation in private markets through examinations and other means. This measure was similar to a suggestion made by DCG founder Barry Silbert as early as 2011.It is reported that around 2011, while founding SecondMarket, Barry Silbert proposed that the SEC's "accredited investor" system mainly relies on income and net worth standards, but wealth level does not necessarily represent investment capability. Some high-net-worth individuals may not possess sufficient financial knowledge, while some ordinary investors should also have the opportunity to qualify for participation in private markets if they pass financial literacy tests set by regulators.

Odaily reports that Limited has announced the completion of an $18.5 million seed funding round, led by Third Prime, North Island Ventures (NIV), The House Fund, and Collab+Currency, with participation from ParaFi Capital, Pharsalus Capital, Digital Currency Group (DCG), 1982 Ventures, and Onigiri Capital. The project is a global financial platform for multinational enterprises, integrating local business accounts, Visa cards, payments, treasury and expense management, and crypto infrastructure.

Odaily News — Digital asset management firm Grayscale's Zcash ETF (ZCSH) reached $1 billion in net assets as of September 24, with cumulative net inflows of $306.12 million, accounting for less than 30%. The fund began trading on NYSE Arca on August 25 and surpassed $500 million in assets within two weeks.ZCSH was renamed from Grayscale Zcash Trust, which was established in October 2017 and already held ZEC at the time of listing; meanwhile, the price of ZEC has roughly doubled since the ETF's listing, driving the fund's asset growth. On September 8, Grayscale's parent group DCG International Investments exchanged 85,705.32563297 ZEC for approximately $100 million in ZCSH shares. Excluding this non-cash transaction, external new capital amounted to approximately $200 million.Grayscale will implement a 3-for-1 forward split before market open on September 30, applicable to holders of record at the close of business on September 28. After the split, the net asset value per share is expected to drop to approximately one-third, the number of shares will triple, and the dollar value of holdings will remain unchanged. (Bitcoin.com News)

Odaily News: Over the past five months, the market cap of the privacy coin sector grew from $11.97 billion to $36.51 billion, an increase of $24.54 billion, or approximately 205%. Among them, Zcash (ZEC) market cap increased by $20.27 billion, while Monero (XMR) increased by $4.33 billion.In January, the U.S. Securities and Exchange Commission (SEC) concluded its investigation into the Zcash Foundation without recommending enforcement action. On August 25, digital asset management company Grayscale converted Zcash Trust into the ZCSH spot ETF and listed it on NYSE Arca, making it the first listed privacy coin spot ETF in the United States.On September 8, Digital Currency Group (DCG) exchanged ZEC for approximately $100 million worth of ZCSH ETF shares. During the same period, the price of ZEC rose from $319 to $1,507, while XMR rose from $330 to $555. (Bitcoin.com News)

According to Odaily, parent company Digital Currency Group has increased Fortitude Mining's existing credit facility from $26 million to $50 million, with an additional commitment of $24 million. Fortitude Mining currently has approximately $31 million in available borrowing, which is expected to be fully disbursed in ZEC to fund the procurement of 9,000 Zcash ASIC miners, as well as capital expenditures for building and acquiring data centers, power infrastructure, and more.

Odaily News: Fortitude Mining, a Zcash mining-focused subsidiary under Digital Currency Group (DCG), has announced the appointment of Jaime Leverton, former CEO of Nasdaq-listed mining company Hut 8, as its new CEO to accelerate its reverse merger with Nasdaq medical technology company HeartSciences as part of a backdoor listing process.Leverton will officially take office on September 21 and will lead the newly listed company upon completion of the merger, while former CEO Andrea Childs will transition to CEO. The all-stock merger transaction was announced in June of this year, and the combined entity plans to rename itself Fortitude and trade on Nasdaq under the ticker symbol TUDE, with DCG expected to hold approximately 95% of the shares. Fortitude was spun off from Foundry's proprietary mining division in January 2025 and produced a cumulative 72,696 ZEC in the first half of 2026. (The Miner Mag)