1. U.S. Government Shutdown Crisis Approaches, Trump to Meet with Congressional Leaders

U.S. President Trump will meet with the four congressional leaders at the White House on September 29 to discuss the impending shutdown crisis as federal government funding is set to expire on September 30. The Democrats are demanding the inclusion of healthcare policy provisions in the temporary funding bill, while the Republicans refuse to compromise. If a budget is not passed by October 1, millions of federal employees may face unpaid leave. -Original

2. UK's Largest Bitcoin Money Laundering Case Goes to Trial, Chinese Victims to Testify

The Southwark Crown Court in the UK will hold a hearing on September 29 at 10:30 AM local time for the largest Bitcoin money laundering case in British history, involving Qian Zhimin, the main perpetrator of the Tianjin Lantian Ge Rui illegal fundraising case. The trial is expected to last 12 weeks and conclude before Christmas. During this period, Chinese police officers will travel to London to testify, and several Chinese victims will also testify remotely via video from a court in Tianjin. This judicial arrangement was reached under the framework of judicial cooperation between China and the UK. -Original

3. Citigroup Predicts Stablecoin Market Could Reach $4 Trillion by 2030

In its report "Stablecoins 2030," Citigroup predicts that the baseline issuance of stablecoins will reach $1.9 trillion by 2030, with an optimistic scenario potentially reaching $4 trillion. The report notes that if the velocity of circulation is similar to that of fiat payments, the annual transaction volume of stablecoins could reach $100 trillion to $200 trillion. Currently, the total market capitalization of stablecoins is approximately $29.68 billion, with USDT accounting for 58.75%. -Original

4. Michael Saylor May Disclose Bitcoin Accumulation Data

Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), has once again released Bitcoin Tracker information on the X platform. Based on previous patterns, he typically discloses Strategy's Bitcoin accumulation data the day after releasing Bitcoin Tracker information. -Original

5. Approximately $140 Million Worth of SUI to Be Unlocked Next Week

Next week, three cryptocurrency projects will unlock tokens, releasing a total value of approximately $300 million. On October 1, SUI will unlock about 44.42 million tokens (approximately $140 million), accounting for 0.444% of the total supply; on October 1, EIGEN will unlock about 36.82 million tokens (approximately $66.64 million), accounting for 3.099% of the total supply; on October 2, ENA will unlock about 170 million tokens (approximately $97.62 million), accounting for 1.146% of the total supply. -Original

6. Suntory Uses Blockchain Technology to Combat Counterfeit Alcohol

Suntory is using Avalanche-based NFC tag technology to verify the authenticity of its whiskey and track the entire process from sealing to opening the bottle. It is reported that up to 40% of whiskey globally may be counterfeit. -Original

7. Jump Crypto Proposes Lifting Solana Block Compute Unit Limit

Jump Crypto's Firedancer team has proposed a plan named SIMD-0370, suggesting the removal of the current limit of 60 million compute units (CU) per block after the Alpenglow upgrade planned for later this year on the Solana network. There was a previous proposal to raise this limit to 100 million CU. According to the proposal, after lifting the limit, block size will be dynamically adjusted based on the transaction processing capacity of high-performance validators, while weaker validators will forfeit voting on oversized blocks through an automatic skip voting mechanism. The proposal argues that this will incentivize well-funded block producers to upgrade their hardware to handle more transactions, creating a "flywheel effect" that enhances the overall validation capacity of the network. Roger Wattenhofer, research director at Anza, expressed support for this but also pointed out potential risks of centralization and network stability. He believes these issues are manageable and continues to support the initiative to lift the limit. -Original

8. Wormhole Co-Founder Criticizes Stablecoin Giants for Not Sharing Profits with Users

Dan Reecer, co-founder of Wormhole, stated that Tether and Circle are profiting from holding high-yield U.S. Treasury bonds in a high-interest environment but have not shared the profits with stablecoin holders. He believes this may be to avoid attracting regulatory scrutiny. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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