Summary of important events（09.09-09.15）

1. Top 3 Hot Events of the Week

US August CPI data recorded 3.7%, higher than expected.

On September 13, the US released August CPI data, it rose 3.7% in August from a year earlier, up from July's 3.2% rise. That's slightly hotter than the 3.6% annual rate economists were expecting, according to Refinitiv. On a month-to-month basis, prices rose 0.6% in August, compared with a 0.2% gain in July.

FTX got court approval to sell crypto assets.

On September 14, Bankrupt crypto exchange FTX received U.S. court permission to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in U.S. dollars and minimize risks related to price volatility in crypto markets. FTX owns $3.4 billion in cryptocurrencies, including $1.16 billion in Solana, $560 million in bitcoin, and $192 million in ether.

Huobi Rebranded to HTX.

On September 13, Justin Sun announced at TOKEN 2049 Afterparty that Huobi rebranded as "HTX". "H" stands for Huobi, "T" represents TRON with a commitment to being all in TRON, and "X" stands for the exchange.

2. Cryptocurrencies & Exchanges

On September 9, Linea: Ethereum EIP-4844 is expected to reduce Rollup costs by more than 90%.

On September 13, the Hong Kong Securities and Futures Commission (SFC) announced that the virtual asset trading platform 'JPEX' is operating without a license.

On September 14, Bybit: In talks with UK FCA, confirms it will not exit despite regulatory concerns. 

On September 14, Okcoin notified Hong Kong users that their accounts were offboarded and would only be able to use login and withdrawal services from October 12.

On September 14, Genesis Global Trading will no longer offer digital asset trading services through any of its business entities.

On September 14, MakerDAO's co-founder reaffirmed plans to launch a new stablecoin and governance token in early 2024.

On September 14, ssv.network, a decentralized Ethereum staking infrastructure, has launched its mainnet focused on distributed validator technology. 

On September 15, Binance Brazil director denied any relationship with two pyramid schemes involving more than $2 billion, but the exchange admitted that it did not pay taxes in the country.

3. Regulatory Updates

On September 9, the President of Uzbekistan, Shavkat Mirziyoyev, has signed amendments to legislation that will allow the government to issue licenses for cryptocurrency mining.

On September 10, Taiwan’s Financial Supervisory Commission: There are 52 virtual currency platform operators intending to join Taiwan’s market, and 27 are supplementing documents.

On September 11, South Korea’s Financial Commission official: It will be difficult to operate virtual asset deposit and management services in South Korea in the future.

4. Market Updates

On September 10, Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account was taken over and used to steal $700,000 in crypto and NFTs.

On September 12, Sony Network built Sony Chain with Startale Labs.

On September 12, $1.5 trillion asset manager Franklin Templeton officially applied for a spot Bitcoin ETF.

On September 13, Nasdaq filed with SEC for Hashdex mixed Ether ETF.

On September 13, Block.one’s crypto exchange Bullish plans to apply for a license in Hong Kong.

On September 14, Rep. Tom Emmer reintroduces anti-CBDC bill to congress.

5. Statements from Individuals/Organizations

On September 10, Indian Prime Minister Modi: There is a need to expand the mandate of multilateral development banks and develop global standards to regulate cryptocurrencies.

On September 10, Coinbase CEO Brian Armstrong: Bitcoin is the most important asset in crypto.

On September 12, Gensler: Cryptocurrencies should be treated as securities and hence, should fall under the SEC's jurisdiction. 

On September 12, Arthur Hayes: The U.S. Federal Reserve deciding to cut interest rates will make Bitcoin quickly rally towards $70,000.

On September 12, PayPal enabled US Users to sell cryptocurrency via MetaMask Wallet.

On September 13, Franklin Templeton CEO: Firmly believe that crypto ETFs will open up new investment opportunities.

On September 14, Justin Sun: Transparency is crucial for exchanges, and global consensuswill drive the price of BTC higher.

On September 15, Hong Kong Legislative Council member Wu Jiezhuang: Hong Kong’s policies and laws will not change day and night. All relevant strategies and regulations have undergone significant social consensus and complete procedures, so I can tell Mr. Vitalik that Hong Kong’s policies are very stable.