Castle Securities calls on the US SEC to regulate event contracts related to US stocks.
Citadel Securities has submitted comments to U.S. regulators, urging the U.S. Securities and Exchange Commission (SEC) to oversee event contracts related to U.S. listed companies. The market maker stated that trading platforms should not evade the SEC’s regulatory jurisdiction by self-certifying with the U.S. Commodity Futures Trading Commission (CFTC). The dispute over regulatory authority for event contracts is intensifying. Currently, some U.S. prediction markets launch such contracts under the CFTC framework, and as event contracts gradually cover financial assets like stocks, the regulatory boundary between the SEC and CFTC has become a key focus of the market.
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Meme MOO, a meme coin, surged over 80% in 24 hours, pushing its market cap to $42 million.
According to GMGN market data, the Robinhood ecosystem meme coin MOO has surged over 80% in 24 hours, with its market capitalization rising to $42 million and 24-hour trading volume hitting $6.4 million. The meme coin MOO leverages stock trading platform Robinhood, pairing with tokenized U.S. stock Micron Technology (MU) as its underlying pool, and provides liquidity through the MOO/MU trading pair. BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept hype, with no actual value or practical use cases; investors should be cautious of risks.
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OpenAI's mysterious hardware has arrived in Shenzhen for trial production, with a planned launch in 2027.
Beating AI Express (Dongcha News) reports that OpenAI is currently secretly developing a screenless AI hardware prototype in Shenzhen, with a planned launch in 2027. An industry insider said the project is under extremely strict confidentiality, with OpenAI engineers not even carrying mobile phones during their business trips to Shenzhen. Judging from its form and timeline, this is likely OpenAI’s first consumer hardware being developed in collaboration with Jony Ive’s team, though this has not been fully confirmed. Bloomberg previously revealed that the device is a portable screenless smart speaker, shaped like a donut, roughly the size of a hockey puck, equipped with a camera, microphone, lights and moving parts, priced at an estimated $300 to $400 and scheduled for a 2027 launch. OpenAI began tapping into China’s supply chain as early as last year. The Information reported at the time that Luxshare Precision had secured assembly contracts for at least one OpenAI device, and OpenAI had also approached GoerTek to source speaker modules.
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Binance rolls out US stock dollar-cost averaging feature, supporting 100 stocks and ETFs.
Binance has announced the launch of its Stock Recurring Buy feature, enabling eligible users to automatically purchase designated stocks and ETFs on a fixed schedule without the need for manual orders each time. The feature went live on September 10. It currently supports 100 stocks and ETFs, including Apple, Tesla, NVIDIA, Amazon, Microsoft, Meta, Coinbase, Robinhood, and popular ETFs such as SPY, QQQ, and VOO. Users can select either single or multiple stocks in the same recurring plan. Binance noted that the feature is available to eligible users, with specific availability dependent on the user’s country or region. The execution price of automatically placed orders may differ significantly from when the plan was created, so users must ensure their designated funding account has sufficient assets on the execution date. In June this year, Binance launched its US stock trading service, allowing users to trade US-listed stocks and ETFs via a single account, with a minimum investment amount of $5.
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Data: Binance and Bitget account for over 70% of stock derivatives order book liquidity.
According to RootData’s report titled “2026 Explosive Growth in Stock Derivatives: Crypto Exchange Landscape and Key Trends”, the stock derivatives sector has transitioned from “fringe trial” to “explosive growth” phase, with a cumulative trading volume of approximately $1.75 trillion between January and August. In terms of cumulative trading volume, the head concentration effect remains prominent. Among the four major exchanges, Binance leads with $853.58 billion and a 61.3% market share; Bitget ranks second with $270.85 billion and a 19.5% share; OKX follows closely with $234.39 billion and a 16.8% share; Bybit takes fourth place with $33.41 billion and a 2.4% share.
On the liquidity front, in the ±2% weighted order book depth metric, Binance and Bitget together account for over 70% of the stock derivatives order book liquidity. Specifically, Binance’s average daily order book depth stands at approximately $10.1 million, followed by Bitget at $4.82 million, OKX at $3.87 million, and Bybit at $1.16 million.
Regarding trading costs, in the weighted spread comparison of over a dozen recent popular assets, Bitget tops the list with 0.0144%, while Binance is close behind at 0.0145%, putting both at roughly the same level; OKX records 0.0154%, and Bybit comes in at 0.0237%.
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