Overview of Important Developments on September 7th at Noon

7:00-12:00 Keywords: Musk, Kalshi, WisdomTree, SNAXchain

1. The US spot Bitcoin ETF saw a net outflow of $169.97 million yesterday;

2. Musk released an AI-generated personal facial portrait from "Black Myth: Wukong";

3. CCData: Liquidity of ETH trading pairs on CEX has significantly decreased since June;

4. Prediction market platform Kalshi won the CFTC lawsuit, allowing US election predictions to go live;

5. WisdomTree requested to withdraw the S-1 registration document for the Ethereum Trust submitted to the US SEC;

6. Blur founder: The on-chain ecosystem is much better compared to the 2019 bear market, and leading projects often emerge during bear markets;

7. Synthetix core contributor: SNAXchain was initially used only for on-chain governance, with more features expected to launch in Q4;

8. Rune project DECENTRALIZED announced it will become fully decentralized, with the team claiming to have spent over $1 million on the project.