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c402.market's mechanism design is more inclined to incentivize token creators, rather than just benefiting minters and traders.

A one-person media company, ushering in the era of everyone as a Founder.

The platform serves as a foundation, enabling thousands of applications to be built and profit.

If the price falls back to the $55,000-$70,000 range, it would be a normal cyclical movement rather than a signal of systemic collapse.

In Brief DYDX launches zero fee initiative to boost on-chain trading platform usage. The move aims to increase user participation and improve DYDX's market dynamics. DYDX faces challenges with declining TVL and user interest amidst market uncertainties.
- 23:35The US Senate Agriculture Committee's crypto bill grants new powers to the CFTC, but key issues remain unresolvedChainCatcher news, according to The Block, the U.S. Senate Agriculture Committee has released a draft bill for crypto industry regulation, granting new powers to the CFTC. Previously, the House of Representatives passed the Digital Asset Market Transparency Act in July, after which the Senate began drafting its own related legislation. The draft bill, proposed by the Republican-led Senate Banking Committee, aims to delineate the jurisdictions of the SEC and CFTC, and introduces the new concept of "ancillary assets" to clarify which cryptocurrencies do not fall under the category of securities. Given that the Senate Agriculture Committee has jurisdiction over the CFTC, its proposed bill is particularly significant. This 155-page draft defines digital commodities and establishes a regulatory framework for the CFTC. Cory Booker, one of the drafters of the bill, stated that more work is still needed, expressing particular concern about the CFTC's lack of resources and the potential for regulatory arbitrage due to bipartisan committee issues, as well as concerns about public corruption and the adequacy of regulatory measures. The Agriculture Committee's bill provides new funding sources for the CFTC, indicating that the CFTC should charge unspecified crypto entities. Brackets in the draft reflect "unresolved issues" that still require negotiation between both parties. In addition, Democrats are facing obstacles due to conflicts of interest related to Trump's crypto business, and the Agriculture Committee's bill already contains provisions regarding conflicts of interest.
- 23:35an exchange: Some users are experiencing delays in receiving Solana, but other services remain unaffectedAccording to ChainCatcher, citing Jinse Finance, a certain exchange has noticed that some users are experiencing delays when receiving Solana, but sending, buying, selling, and fiat withdrawal/deposit services have not been affected.
- 23:16South Korea's new stock exchange considers launching K-pop tokens to attract more tradersJinse Finance reported that as an emerging competitor to Korea's major securities exchanges, this startup trading platform is hoping to expand its appeal by launching innovative products, such as digital tokens linked to K-pop song copyrights, building on its strong start. Nextrade, an alternative trading system, broke the Korea Exchange's 70-year monopoly this March by extending trading hours. CEO Kim Haksoo stated that the company is considering launching over-the-counter trading products to differentiate itself. Long-term plans also include leveraged and inverse ETFs, advanced order systems, and non-public institutional orders derived from the "dark pool" concept.