Meme coin 4Stock suffers a sharp pullback, with its market cap dropping below $40 million.

According to GMGN data, the stock-linked meme token "build" paired with BNC4 on BNB Chain exceeded $50 million in market capitalization and recorded $20 million in trading volume within six hours of its launch. The "build" token is paired with tokenized U.S. stock BNC (CEA Industries, a BNB treasury company) as its liquidity base, with liquidity provided via the build/BNC4 trading pair. BlockBeats Note: Meme coin trading is highly volatile, largely driven by market sentiment and conceptual hype, with no actual value or use cases. Investors should exercise caution regarding associated risks.

Binance Announcement: Binance Leverage will remove certain leveraged trading pairs and collaterals starting at 14:00 (GMT+8) on September 11, 2026. The involved cross-margin leveraged trading pairs include API3/USDC, COOKIE/USDC, PROVE/USDC, QNT/USDC, SHELL/USDC, and TLM/USDC; while the isolated-margin leveraged trading pairs are COOKIE/USDC, PROVE/USDC, SHELL/USDC, and TLM/USDC. USDP will be removed as collateral for cross-margin leverage and Unified Trading Accounts. Binance will suspend the relevant isolated-margin leveraged lending business at 14:00 on September 9, 2026, and will automatically close and liquidate relevant cross-margin and isolated-margin positions, as well as cancel related pending orders, at 14:00 on September 11, 2026. Users are advised to close their positions before the trading halt or transfer their assets from the leverage wallet to the spot wallet.

According to Lookonchain monitoring, whale wallet HURDw has accumulated 285,503 SOL tokens on Hyperliquid over the past three weeks, valued at approximately $28.82 million.

Beating AI News Flash: Addy Osmani announced he is joining Anthropic, where he will work on the development of Claude Code with a focus on enhancing developer experience. Osmani spent over 14 years at Google, leading Chrome’s developer experience initiatives for a long time before transitioning to Google Cloud AI. He oversaw developer experience and technical evangelism for Cloud AI, and contributed to the launch of products including Agent Platform, Agent CLI, and Agent Studio. Over the past year, he has been researching coding agents and agent workflows, and has long publicly used and analyzed Claude Code.

Prominent crypto trader Bonk Guy stated in a post that he has been claiming for months that the current USELESS token bears a striking resemblance to PEPE ahead of its 2023 rally. The trading structure, position expansion, early relative strength, market timing, and the fact that it rallied independently first are nearly identical. He didn’t even compare charts beforehand, yet USELESS’ price action is almost a carbon copy of PEPE’s pre-rally run-up in 2023. It’s no surprise to him that some people were bearish when USELESS had a $50 million market cap, then chased the rally when it hit $200 million, and he suspects more will wait until it tops $1 billion to buy. Crypto markets have a peculiar quirk: the higher an asset rises, the more investors see it as a better buy. History doesn’t repeat itself exactly, but it often rhymes—and right now, that rhyme is growing louder. Earlier, Upbit announced it will list USELESS trading pairs against BTC and USDT.

According to GMGN data, Binance founder CZ has retweeted a post related to BNC, driving the BSC ecosystem meme coin 4Stock to rebound past a $60 million market cap, currently trading at $46 million. The post retweeted by CZ was published on July 7, stating that BNC (CEA Industries, the BNB Treasury Company) has entered a new phase with its core mission unchanged, will provide long-term support for BNB and its ecosystem, and aims to achieve better alignment, improved governance, and restore investor confidence. Note: 4Stock originated from the "stock meme" narrative launched by Four.meme, which first rolled out the 4Stock underlying asset linked to stock assets, then allowed the community to issue meme coins using this asset as a liquidity pool. BNC4 is the first 4Stock "coin-stock", pegged 1:1 to the corresponding BNB Treasury Company BNC stock, with the meme coin "4Stock" tied to the BNC4 pool. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investment requires caution.