1:00 Keywords: Musk, Fed, Cardano, Hong Kong

1. Bitcoin transaction fees cut to 2 satoshi/byte;

2. Musk: Independent Grok app to launch soon;

3. Ernst & Young: Fed cuts rates reactively, not proactively;

4. Multiple people charged with aiding and abetting the crime of using black and gray manufacturing trading platform to trade ‘U coins’ to profit from price differences;

5. Bitcoin miners have made $534.91 million so far in September, making it the lowest-paying month in 2024;

6. Hong Kong Financial Secretary Paul Chan Mo-po: Fed cuts interest rates by 50 basis points, overall environment gradually becomes relatively favorable;

7. Cardano founder warns Trump’s DeFi venture could politicize the crypto landscape.