Odaily reports that Cronos Labs has initiated a governance proposal on GitHub to use all product revenue generated by Ult and Cronos Launch on a monthly basis for open market buybacks and burning of CRO, with the relevant on-chain transaction hashes to be made public. Operational, infrastructure, and growth expenditures are planned to be covered by existing funds.Additionally, Cronos Labs plans to use strategic reserves to supplement future Cronos POS staking rewards, in order to maintain existing reward parameters as CRO inflationary emissions gradually decay. The staking method, lock-up period, and reward structure will remain unchanged. The proposal is currently in the discussion phase and will subsequently be submitted for on-chain governance voting; the voting period is 14 days, the quorum is 33.4% of staked CRO, and it will pass with more than 50% of non-abstaining votes in favor.

According to an official announcement, the third distribution of Gate Pre-IPOs Phase 2 OpenAI (OPENAI) asset vouchers was completed on September 17 at 19:00 (UTC+8). This was the final distribution, unlocking the remaining 40% of the asset vouchers. OPENAI asset vouchers have now achieved 100% unlocking, and the relevant assets will be distributed to users' spot accounts. Gate data shows that the OPENAI asset voucher previously peaked at over $986, with subscription yields reaching up to 36.57%. Currently, users can participate in OPENAI trading through the Gate spot Pre-IPOs section to continue capturing price movements.

Odaily reports that Circle co-founder and CEO Jeremy Allaire posted on X that the Circle x402 Facilitator service is now live on Arc. The service supports USDC settlement on Arc, Base, and Polygon PoS through EIP-3009. In addition, with the launch of Arc, market demand for cirBTC is growing. Currently, Circle Mint customers can directly mint and redeem cirBTC natively within the app. Each cirBTC is backed 1:1 by native BTC and can be redeemed for native BTC at a 1:1 ratio.

Odaily News: Positron, an AI chip startup focused on designing hardware that helps AI models run faster, said it has raised $875 million at a $5 billion valuation, with the company's value surging significantly over the past six months. The round was co-led by venture capital firms NEA, Atreides Management, Valor Equity Partners, Andra Capital, analyst Dylan Patel's SemiAnalysis Capital, and Netscape co-founder Jim Clark.Positron raised $230 million in its most recent funding round in February of this year at a $1 billion valuation. Positron said it has delivered approximately 50 Atlas server racks of its previous generation to Oracle, with other customers including financial firm Jump Trading and AI company Parasail. Positron is trying to gain an edge in the crowded chip industry by bringing its chips to market as quickly as possible. (The Wall Street Journal)

Odaily News - Users can now send supported tokens from networks such as Ethereum, Base, Arbitrum, and Sui directly to Jupiter without using bridge tools, and receive USDC directly in their Solana wallet. This feature integrates routing, cross-chain bridging, and swap processes, eliminating the need for users to switch networks or execute additional transactions. The service currently adopts a unified fixed fee structure, charging $0.30 per transaction—whether the transfer amount is $100 or $10 million, the fee remains the same.

Odaily News: Over the past 7 days, the top five revenue generators in the Ethereum ecosystem were Robinhood Chain ($8.26 million), Ethereum mainnet ($2.48 million), Base Chain ($0.84 million), and Polygon PoS ($0.5358 million). Robinhood Chain's revenue grew 1,653% quarter-over-quarter, contributing the vast majority of total revenue across the Ethereum ecosystem.

Odaily News: Polygon Labs has issued an urgent notice stating that following the activation of the Austin and Kyoto hard forks, Polygon PoS nodes still running older versions of Bor or Heimdall have fallen out of consensus and need to upgrade their clients and catch up with the network. Austin was activated at mainnet block 91,949,700, requiring nodes to run Bor v2.10.0 or higher. Kyoto was activated at block height 51,533,000, requiring nodes to run Heimdall v0.11.0 or higher. Austin addresses two types of Bor resource exhaustion risks: L1 to L2 bridge state sync events are not counted against the gas limit, which could slow down block processing; and the TxDependency field lacks size restrictions, which could lead to peer node crashes.

Odaily reported that POSCO International, South Korea's largest trading company, has tokenized trade receivables on the Avalanche blockchain, completing a real-world asset on-chain transaction. About a month ago, POSCO International had completed a similar pilot on Injective. POSCO's U.S. subsidiary partnered with trade finance platform Olea and asset-backed fintech company Intain. Intain, after using AI to verify invoices, purchase orders, and shipping documents, validated and recorded the receivables on its Avalanche-based Layer 1 network. POSCO International generates $22.2 billion in annual revenue, spanning steel, energy, and battery materials, and operates over 80 overseas branches.

Odaily Planet Daily News: Sandeep Nailwal posted on X, stating that the team is working on a proposal to reform staking and tokenomics. The proposal includes: introducing a native staking mechanism similar to an L1 on Polygon PoS; allocating the full priority fee from each transaction to POL stakers; increasing staking rewards to nearly double the current level, with funds sourced entirely from real network fees rather than inflation; providing additional benefits to POL stakers, potentially including gas fee discounts; and expanding the sPOL locking scale to maintain liquidity and support its use in DeFi. Sandeep Nailwal stated that Polygon Labs will write the relevant code and submit it to the community forum for approval.

Odaily News: A whale transferred 32,400 ETH to the Ethereum staking deposit contract (Beacon Depositor), valued at approximately $61.46 million, for staking purposes.