Odaily reports that Robinhood CEO Vlad Tenev stated that crypto-related contracts currently account for a significant share of Robinhood's prediction market business, and he expects the proportion of sports-related contracts to decline to a minority in the coming years, with non-sports categories such as crypto becoming an important direction for further expansion of prediction markets.Robinhood's prediction market business has seen notable recent growth. The company disclosed that event contract revenue reached $156 million in the second quarter of 2026, representing a more than 10x year-over-year increase, with trading volume reaching 13.6 billion contracts; event contract trading volume in August was 4.7 billion contracts, up approximately 15x year-over-year. Tenev stated that sports contracts previously served primarily to attract users and build liquidity, while prediction markets are now expanding into more categories including crypto. (Decrypt)

Odaily: Visa is closing a checkout loophole supported by crypto payment infrastructure company Crossmint. The loophole previously allowed users purchasing Meme coins with credit cards to have transactions classified under a merchant category code intended for digital media such as e-books, movies, and music.Visa has notified payment processors, including Checkout.com, that it will no longer accept that code for Meme coin transactions, giving processors a grace period to stop the practice, which is expected to end next week. Thereafter, Meme coin purchases must be processed as cryptocurrency transactions and are subject to Visa's corresponding rules.Chase had disputed a Visa transaction that was not flagged as a cryptocurrency transaction, arguing that its merchant category code was incorrect and that it should not have earned credit card rewards. The New York State Attorney General's Office is also aware of and reviewing the matter. (Decrypt)

Odaily: Solana shortened its target slot time from 300 milliseconds to 250 milliseconds on Friday, increasing block production frequency by nearly 17%. The computing resources and data volume available per slot are reduced accordingly, while the network's overall transaction processing capacity remains unchanged.This adjustment is the third of four planned phases in the SIMD-0525 proposal. The window during which validators have block production rights for four consecutive slots has been shortened from 1.2 seconds to 1 second, and the estimated duration of an Epoch, fixed at 432,000 slots, has been reduced from about 36 hours to about 30 hours.The next phase plans to further reduce slot time to 200 milliseconds, but a mainnet launch date has not yet been determined, and the implementation condition is that the block skip rate remains stable. (Decrypt)

Odaily reports that the Federal Reserve unanimously approved a 25 basis point rate hike on Wednesday, raising the federal funds rate target range to 3.75% to 4.00%, the first rate hike since 2023.After the decision was announced, Bitcoin was quoted at $75,700 at one point, then rebounded to $76,400; ETH was quoted at $2,440, and SOL at $100. ZEC rose 12% to $1,360, while NEAR, LIT, and VVV all posted double-digit gains. (Decrypt)

Odaily News: The Zcash community has decided with 98.9% support to retain the Bitcoin-style halving mechanism, with a total of 2.4 million ZEC used in the vote, representing 66% of eligible tokens. The community also chose to shorten block times to 25 seconds, immediately deprecate the Sprout pool, and limit the scope of the NU7 upgrade to features that can be completed before September 30.ZEC briefly reached $1,388, rising 10.9% in a single day, with a market cap of $22.9 billion, climbing to ninth place among crypto assets by market capitalization. Zcash's Ironwood upgrade was activated in July, adding quantum-resistant transaction records; the token has risen over 2,500% in the past year. (Decrypt)

Odaily News: The U.S. House Financial Services Committee on Wednesday advanced the American Reserve Modernization Act (H.R. 8957) by a vote of 28 to 21. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats.The bill requires the Treasury Department to establish a Bitcoin strategic reserve and a digital asset reserve within 180 days, and mandates that federal agencies declare their asset holdings within 60 days. Bitcoin included in the reserve may not be sold, exchanged, auctioned, or pledged as collateral for 20 years.The revised text removes provisions to purchase additional Bitcoin using Federal Reserve funds, gold certificate revaluation, and tariff revenues, and changes the frequency of proof-of-reserve reports from quarterly to annual. The bill does not authorize the purchase of Bitcoin; it only requires the Treasury Department and the Commerce Department to study acquisition plans that impose no cost on taxpayers. (Decrypt)

Odaily reports: Earlier this month, the verified Reddit account of streaming service HBO Max was hijacked by hackers, who deployed 108 malicious ads over approximately 48 hours, tricking Mac and Windows users into executing commands to install infostealer malware.The malware can steal browser credentials, Telegram data, Apple Notes, saved passwords, and crypto wallet recovery phrases, and may also alter wallet addresses in the clipboard. Reddit has suspended the relevant ads and launched a security investigation. The number of infections and crypto asset losses have not yet been confirmed. (Decrypt)

Odaily News: The UK government has announced that it will invest £500 million over the next three years in a new anti-money laundering and asset recovery strategy, and will recruit 500 additional personnel across police forces, the National Crime Agency (NCA), and the Crown Prosecution Service to track down and seize criminal funds.The funding comes from an economic crime levy imposed on regulated businesses. The UK Home Office stated that the NCA estimates more than £100 billion is laundered through the UK or UK corporate structures each year, with the development of fintech, cryptocurrency, and AI increasing related risks.The additional personnel will support "Operation Destabilise," which targets Russian-speaking networks that convert street cash into cryptocurrency. To date, the operation has arrested 119 suspected money launderers and seized over £25 million in cash and crypto assets in less than a year. (Decrypt)

Odaily Report: Crypto wallet MetaMask has launched new anti-scam protection features that alert users on mobile and browser extensions about risks including impersonation addresses, investment and romance scams, as well as the risk of transferring funds to a first-time recipient address.The newly added Added Protection feature can automatically revert transactions that don't match the transaction preview. It is initially launching on browser extensions, with mobile support to follow. MetaMask also uses AI to identify phishing, scams, and malicious transaction behavior. (Decrypt)

Odaily reports: The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), has launched the "Demat 2.0" pilot to issue and settle corporate bond tokens on permissioned ledgers operated by NSDL and CDSL, covering a corporate bond market of approximately $620 billion.State-owned lender REC, Larsen & Toubro, and non-bank lender IIFL Finance have collectively raised approximately $107 million through this framework. The system connects to the RBI's wholesale digital rupee to enable simultaneous settlement of bonds and funds, and automates interest payments and redemptions via smart contracts.SEBI stated that the legal terms, credit ratings, trustee arrangements, listing rules, and investor protections for tokenized bonds remain unchanged. Investors can hold tokens in their existing Demat accounts, with secondary trading and retail participation to be introduced in subsequent phases. (Decrypt)