Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that Peach Bitcoin claims Swiss regulators are seeking a review of the compliance framework for its KYC-free peer-to-peer Bitcoin trading platform, which has been approved since 2022. Peach Bitcoin will temporarily withdraw from the escrow process from September 1, 2026, and will operate in a non-escrow mode during the appeal period. In the temporary mode, users who have completed KYC, are manually whitelisted, or meet transaction history requirements can create sell orders. Sellers who have not completed KYC can only participate in one ongoing transaction at a time. Buy orders remain open to all users, with a single transaction limit of 500 Swiss francs and a maximum premium of 6%. The in-app dispute resolution system will remain available, but Peach Bitcoin will no longer sign in escrow and will continue to charge a 2% fee on released transactions. Peach Bitcoin founder @proofofsteph stated that the company will not immediately abandon the KYC-free model and will communicate with regulators regarding its position; if the appeal ultimately fails, the company will comply with the regulatory decision.

Odaily Planet Daily reports that the BIP-110 community restarted its minority fork chain, which stalled on August 8th, this weekend. The chain has already mined over 800 blocks. Blockchain developer Luke Dashjr switched the proof-of-work algorithm from SHA-256d to Blake2b and reduced the block size to 300 KB. The BIP-110 minority chain forked at Bitcoin block height 961632 and subsequently stalled; at height 961640, Silent Wave mined a block according to the new Blake2b consensus rules. The project is expected to release new software on September 1st. The forked chain's assets are not yet listed on any centralized exchanges, and CoinGecko and CoinMarketCap have not displayed its token code. BIP-110 developer Chris Guida stated that the chain does not use centralized KYC exchanges and advocates acquiring and using Bitcoin through transactions of goods and services. (Bitcoin.com News)

MyToken data monitoring shows that on 【September 1st, 04:49】 (Beijing Time), 【OKX.Hot Wallet_36659】 transferred 【86042780.95 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【85.82 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

Odaily Planet Daily reports that prediction market platform Kalshi has permanently banned former U.S. Congressman George Santos and fined him $71,400. Kalshi determined that he manipulated the market related to his attendance at the State of the Union address, profiting $17,800 from it. In a disciplinary notice dated August 28, Kalshi's compliance department stated that Santos made multiple large trades in the relevant market between February 2 and 25. Because he was able to influence market outcomes, the platform's rules prohibited him from trading in that market; he subsequently made false or misleading statements regarding his attendance arrangements, attempting to influence the prices of "Yes" and "No" contracts. Kalshi determined that these statements were intended to manipulate prices and did indeed cause price changes, violating rules against market manipulation, trading to influence event outcomes, and fraudulent manipulation, and was penalized for failing to cooperate with the investigation. This is the first time Kalshi has imposed a lifetime ban on a former member of Congress. (Decrypt)

According to prediction market platform Polymarket, the implied probability of the CLARITY Act passing and becoming law in 2026 is 13%, with related contract trading volume around $11.5 million, a significant decrease from the 82% market pricing in February. The US Senate plans to hold a procedural vote on the bill on September 15th. The motion to terminate debate to initiate the vote was introduced by Majority Leader John Thune and typically requires 60 votes. Prediction market platform Kalshi gives a 91% probability of a Senate vote before October 1st, with related market trading volume exceeding $1.25 million. The CLARITY Act proposes to establish a federal regulatory framework for the crypto market, with the Commodity Futures Trading Commission (CFTC) solely regulating the spot digital commodities market, and the Securities and Exchange Commission (SEC) responsible for certain securities issuance and exchange activities. The bill still faces disagreements regarding conflicts of interest between officials and the crypto industry, stablecoin yields, and the protection of decentralized finance and non-custodial software developers. (Bitcoin.com News)