According to Huoxun Finance, on September 19, the OKX market showed that BTC had just fallen below $117,000 and was currently trading at $116,796.00 per coin, down 0.68% on the day.

Huoxun Finance reported on September 19th that GRVT, a hybrid decentralized exchange based on the Ethereum scaling layer ZKsync, has secured $19 million in Series A funding, led by ZKsync and Further Ventures, with participation from EigenCloud and 500Global. The new funding will help GRVT expand its product offerings to include cross-exchange vaults and cross-chain interoperability, and plans to leverage EigenDA's programmable privacy features. GRVT combines the user experience and regulatory compliance of a centralized exchange (CEX) with the self-custody features of a decentralized exchange (DEX). Its mainnet alpha version, which will launch on ZKsync in late 2024, has expanded its trading offerings from perpetual cryptocurrency contracts to spot and options. GRVT is currently applying for operating licenses in multiple jurisdictions, having already obtained a VASP license in Lithuania in 2023. Previously, GRVT raised approximately $14.3 million through multiple funding rounds, including $2.2 million in a private token sale in March 2024. Earlier on September 16, it was reported that Grvt will conduct TGE in Q1 2026, and the total amount of community rewards will account for 20% of the total token supply.

According to a report from Huoxun Finance on September 19th, The Block reported that PayPal's stablecoin, PayPalUSD (PYUSD), is expanding to multiple new blockchain networks, including Tron, Avalanche, and Sei, through integration with LayerZero's StargateHydra cross-chain bridge. Issued by Paxos Trust Company, PYUSD was initially launched natively on Ethereum, subsequently expanded to Solana and Arbitrum, and yesterday added the Stellar network. LayerZero announced Thursday that with this expansion, a permissionless version of the token, dubbed "PYUSD0," will be introduced to seven additional blockchain networks: Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron. Additionally, the existing cross-chain versions of PYUSD on Berachain and Flow will also be upgraded to PYUSD0.

Huoxun Finance News, September 19, according to TheBlock, the prediction platform Kalshi is ushering in its best performing month in nearly a year. The company said on Thursday that it currently "accounts for 62.2% of the global prediction market trading volume, which is in stark contrast to a year ago, when Kalshi accounted for only 3.1% of global trading volume." Kalshi also emphasized that its services are only for US consumers. Data shows that as of this month, Kalshi's monthly trading volume has reached US$1.3 billion, far exceeding its competitor Polymarket's US$773 million. The last time Kalshi's monthly trading volume exceeded US$1 billion was during the US election in November 2024. Although this month is not over yet and Polymarket may eventually overtake, Kalshi's performance in recent months shows that the platform is becoming increasingly popular.

According to Huoxun Finance, reported by The Block on September 19th, US Senator Elizabeth Warren and her colleagues are urging the Trump administration to disclose more information about its interactions with Binance. In a letter to Attorney General Pam Bondi on Thursday, Warren and others stated they were seeking details about Binance's compliance obligations in the United States. The senators first inquired about Binance's conversations with federal cabinet officials in May, covering its withdrawal from the US market, regulatory obligations, and the Department of Justice's measures to ensure compliance. They also inquired about the possibility of a presidential pardon for former CEO Changpeng Zhao. They noted that since May, Trump and his family have strengthened their financial ties to Binance through the company, and that news broke this week that Binance may have reached an agreement with the US Department of Justice to replace its external compliance monitor. The three lawmakers believe the Department of Justice has not adequately responded to their previous inquiries and requested an updated response by October 1st. They also noted that while the Department of Justice claims Binance has paid a fine and that the plea agreement has continuing requirements, it has not confirmed Binance's compliance.