The Daily Flight🦉

• S&P 500 Price-To-Book Value Mirrors Dot Com Bubble  

  Current market valuation metrics now echo late 1990s tech bubble extremes

• Auto Loan Delinquency Rate Hits Highest Level In 14 Years 

  Stress on consumer credit reaches levels not seen since the financial crisis

• Gold Jumps To New All-Time High 

  Precious metal extends winning streak with 8 green days out of last 9

• StubHub Seeks $851 Million In Initial Public Offering 

  Ticket platform targets $9.2 billion valuation in upcoming market debut

• French Government Collapses For Second Time This Year 

  Macron becomes first president since 1953 with two government failures

• Key Economic Data To Be Released This Week 

  New data will be shared on inflation, employment, & consumer sentiment

• OpenSea Introduces New Updates With $SEA Details Coming Soon  

  Marketplace launches mobile trading and a new $1M+ fund for legacy NFTs

• Forward Industries Announces $1.65B SOL Treasury Strategy 

  Public company becomes latest firm to adopt Solana for corporate treasury

• Large-Scale NPM Supply Chain Attack Targets Crypto Wallets 

  Malicious code makes it’s way into many frontend systems with new attack

• BitMine Holds $9.21B In Crypto Treasury With New Moonshot Strategy Company now holds 2.069M ETH along with new $20M investment into $WLD

• Senate Banking Drafts Bill To Exclude Staking From Securities Laws 

  New draft legislation removes staking and airdrops from securities regulation

• South Korea's Upbit Exchange To Launch L1 Blockchain Giwa 

  The largest Korean crypto exchange has revealed plans to launch a new chain

• Hyperliquid Plans Native Stablecoin USDH Via Validator Vote 

  An external team will launch USDH as several big names look to land the bid

• Robinhood Gets Added To S&P 500 Index 

  Robinhood officially joins the S&P 500 as Strategy misses out on being added

• Nasdaq Files With SEC To Allow Tokenization Of Stocks 

  Major exchange seeks approval to list tokenized stocks for enhanced trading

• Hyperliquid Hits New All-Time Highs

  HYPE surpasses $50B FDV as token jumps over 15% on the week

• Grayscale Files S-1 For Chainlink ETF 

  Investment firm submits SEC registration for new LINK ETF product

• Backpack EU Launches Regulated Perpetual Futures

  The exchange becomes one of the first to offer regulated perps in Europe

• MegaETH Introduces Native Stablecoin MegaUSD Built With Ethena 

  USDm stablecoin aims to provide lowest fees while driving value to MegaETH

• Christie's Begins To Wind Down Digital Art Department

  Auction house that sold Beeple's $69M NFT cuts staff under new leadership

• Bybit Resumes Full Access For Indian Users After Compliance Issues

  Exchange restores app access after registering with Indian financial authorities

• SwissBorg Loses $41.5M In Solana Security Incident 

  Swiss crypto platform suffers theft of 192,600 SOL tokens in major hack

• Lion Group Reallocates Crypto Treasury Into HYPE Token 

  NASDAQ-listed firm converts SOL & SUI holdings into new HYPE treasury

• Ethereum ETFs See Record $788M Weekly Outflow Vs Bitcoin Inflow 

  ETH funds post largest outflow on record while BTC funds gain $246M inflows

• Pump.fun Partners With MEXC For Weekly Ecosystem Coin Listings 

  MEXC Mondays initiative launches with TBC as first pump fun coin to list weekly

• DYLI Allocates 1,250 Diamonds To Moonbirds Community 

  NFT holders of Moonbirds, Mythics, & Oddities all receive platform rewards

• CyberKongz Announces $KONG Token Launch September 10th 

  Gaming NFT project prepares for Token Generation Event next week

• Doodles Teams Up With Froot Loops For Brand Collaboration 

  Major cereal brand partners with popular NFT collection for new campaign

• Coinbase Lists SPX6900 And Flock Tokens For Trading 

  Exchange adds support for SPX on Ethereum and FLOCK on Base network

• Stakeland Launches BOOST Token Uniting Three Platforms 

  New token connects Alphabot, Boostdotfun, and PulseFun ecosystems

• SEC Schedules Public Crypto Roundtable For October 17th 

  Regulatory agency plans open discussion on cryptocurrency policies

• Etherscan Launches Points Redemption System For Users 

  Blockchain explorer introduces rewards program with exclusive features

• Moonbirds Launches Telegram Chat For NFT Holders 

  Access requires owning Moonbirds, Mythics, Oddities, or TON stickers

• SOL Strategies Approved For Nasdaq Listing Under STKE 

  Solana-focused company begins public trading on September 9th

• Spencer Teases Major Brand Announcement Coming This Week 

  Orange Cap Games CEO shares post on upcoming brand announcement

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