Data: Funding rates indicate the market shows no immediate signs of overheating and remains neutral to bearish.

According to market data from BIT (Bit.com), pre-market trading in US stocks saw a broad decline across storage, optical module, and crypto-related concept stocks. Optical module and communication sector: Coherent (COHR) fell 1.00% in pre-market trading, Lumentum (LITE) dropped 0.60%, Applied Optoelectronics (AAOI) declined 1.78%, Nokia (NOK) edged down 0.17%, and Marvell Technology (MRVL) fell 0.95%. Storage sector: Seagate Technology (STX) was down 1.52% pre-market, Western Digital (WDC) dropped 1.29%, SanDisk (SNDK) fell 1.26%, and Micron Technology (MU) declined 1.29%. Crypto-related concept stocks: SharpLink (SBET) fell 2.25% in pre-market trading, BitMine Immersion (BMNR) dropped 2.24%, Gemini Space Station (GEMI) edged down 0.84%, Bullish (BLSH) fell 1.07%, Circle (CRCL) declined 2.03%, Strategy (MSTR) dropped 0.94%, and Coinbase (COIN) fell 1.90%.

Aave CEO Stani has published a post addressing multiple community queries regarding Aave V4. Stani explained that in Aave V4, Hub and Spoke components are isolated by default based on risk profiles, while liquidity can be shared across different markets via the Hub within pre-set limits to avoid excessive liquidity fragmentation. He noted that V4 Spokes represent lending and borrowing markets, while the Hub enables cross-market liquidity sharing, allowing markets with distinct risk characteristics to access a common liquidity pool, thereby boosting fund utilization and capital efficiency. Addressing claims that V4 is merely a collection of isolated markets and lags behind curated Vaults, Stani said traditional curated Vaults typically require capital or incentives to bootstrap liquidity from scratch, whereas V4 Spokes gain liquidity support from the Hub’s entire balance sheet right at launch. Additionally, Stani stated that V4’s overall architecture is more streamlined, with a significantly smaller codebase than Aave V3. To date, V4 has been deployed across multiple networks including Ethereum, Avalanche, and Arc, with total deposits reaching $1.2 billion. On the ecosystem participation front, Stani said V4 already supports third-party curators such as EtherFi, with more participants set to be added in the future. Unlike Vaults that only manage deposits, V4 allows curators to build and manage full market structures, while participating in the broader lending and borrowing economy’s revenue.

Blockchain security firm SlowMist has warned that the official FOMO iOS app was found to contain malware capable of stealing cryptocurrency assets. The affected versions of the app were available on the App Store between September 9 and September 17. SlowMist stated that the malicious module has attack capabilities similar to the DarkSword malware, which could result in the theft of users’ seed phrases and private keys. Given that the FOMO app was promoted via crypto KOLs, some users may have downloaded the affected versions. SlowMist also cautioned that simply updating or deleting the FOMO app may not be sufficient to eliminate the risk; users who used the affected versions should assume their seed phrases, private keys, and sensitive credentials have been compromised, and take corresponding security measures. Additionally, SlowMist’s Chief Information Security Officer Shan Zhang previously warned that iOS versions 13 through 16.5 may be vulnerable to malicious Safari link attacks exploiting memory corruption vulnerabilities in WebKit and JavaScriptCore. Attackers can leverage these flaws to gain read and write access to the JavaScript layer, further bypass pointer authentication, escape the WebContent sandbox, and escalate kernel privileges, ultimately obtaining encryption keys and wallet data.

U.S. Treasury yields extend their upward trend, with the 2-year U.S. Treasury yield rising to 4.79%, hitting a new high for the year. (Jinshi)

According to Blockaid’s monitoring, the stablecoin miMATIC from QiDao Protocol on Polygon remains depegged, currently trading at approximately $0.86, about 14% lower than its $1 peg. Blockaid noted that the depegging situation has continued as of press time.

According to Bitget market data, spot silver has dropped 3% intraday, currently priced at $65.01 per ounce.