Ethereum layer-2 project Scroll said in a governance forum update on Sept. 9 that it plans to transition from a general-purpose public blockchain into a private, application-specific network centered on Compass and its broader AI product stack. The team said the full transition is expected to take about nine months. According to Scroll, it has spent the past several months applying AI to network operations and product development, while building out a product suite that includes Compass, Compass API, CENO, USX and SCR. Compass offers AI models as well as services such as VPN and eSIM, while Compass API routes requests across more than 30 large language models. CENO, the team said, uses zero-knowledge technology to provide a trust layer for AI agents covering credentials, context and privacy-preserving computation. Scroll also said CENO has more than 30 potential customers, with 12 already in proof-of-concept testing. Compass remains in an early consumer validation stage. As part of the transition plan, SCR will move to the Ethereum mainnet to preserve broad accessibility and liquidity. Scroll said the token’s supply and overall tokenomics will remain unchanged, and SCR will continue to serve as the governance token for the Scroll network. The team added that the forum post is only a progress update, not a formal proposal or vote, and that a detailed transition plan will be submitted to the DAO once the relevant details are finalized.

Scroll said in a post on its governance forum that it has been applying AI across operations and product development, with core chain operations now handled by fewer dedicated engineers working alongside AI agents while maintaining existing availability and security standards. The team said blockchain can serve as a trusted coordination layer for defining and enforcing rules, while zero-knowledge technology can help agents exchange credentials, private data and computation without exposing underlying information. The post also laid out an interconnected product stack. Compass is described as an iOS app that accesses large models and functions through the Compass API, while also including VPN and eSIM features. Compass API is positioned as AI routing infrastructure connected to more than 30 large models. CENO provides a trust layer through ZK, USX is meant for payments and settlement, SCR remains responsible for governance coordination, and the Scroll network serves as the trust and coordination layer. Scroll said CENO has contacted more than 30 potential customers, with 12 already participating in proof-of-concept testing. The team plans to gradually shift Scroll from a general-purpose public blockchain to a dedicated network centered on Compass and its AI product stack over roughly nine months. Under the current plan, SCR would move to Ethereum mainnet, with supply and tokenomics unchanged, and would continue to function as the governance token. The team said the forum post is only a progress update, not a formal proposal or vote.

Scroll official statement confirms that Binance has added a monitoring tag to SCR today. Scroll is aware of the update and is communicating with Binance regarding the review. The project stated its core focus remains unchanged.

PA Daily’s latest roundup spans crypto markets, regulation, AI, funding, and whale activity. OpenAI formally introduced GPT-6 Astra and said the model may sit close to the point where artificial general intelligence becomes recognizable in hindsight. Nvidia, meanwhile, agreed to acquire AI platform Hugging Face for about $13 billion, a deal that would put its three French co-founders into the billionaire ranks while preserving Hugging Face’s open-platform model, according to the report. In crypto, spot Bitcoin ETFs posted $731 million in net inflows on Sept. 3 U.S. time, led by BlackRock’s IBIT at $454 million. Spot Ether ETFs added another $141 million. Polymarket launched perpetual contracts across crypto, equities, and commodities, while Ethena said its fee switch proposal passed unanimously, clearing the way for programmatic ENA buybacks. The report also tracks a sharp response from AMC CEO Adam Aron, who said Robinhood’s tokenized stock plan involving AMC and more than 190 companies was unauthorized and unregistered under U.S. securities law. Elsewhere, a Guangzhou court ruled that a virtual-currency lending contract was invalid and said losses should be calculated using acquisition cost. Binance Alpha listings, funding for Diameter Pay, Oura’s U.S. IPO filing, and a series of high-return meme-token trades also featured in the day’s developments.

Binance announced on September 4 that it will add monitoring tags to four tokens: AVA, GNS, SCR, and TOWNS. The monitoring tag is used to mark tokens with potentially higher volatility or risk, alerting users to exercise caution. The tags can be viewed on the Binance trading interface.

The coming week brings a dense slate of macro, regulatory, and project-specific events for the crypto market. The U.S. will release August unemployment and nonfarm payrolls data on Sept. 4, the last payrolls report before the Sept. 15-16 Federal Open Market Committee meeting. Revolut has confirmed that it will delist USDT on Aug. 31, citing regulatory and risk-compliance considerations, after already stopping purchases and suspending deposits earlier in the process. A wave of project shutdowns and service closures is also scheduled, including HyENA, Printr, Vision, Summer.fi, NFTfi, TON bridge-v3, Cosmostation Wallet, and Cypher. Several token unlocks are on the calendar as well, including SUI, EIGEN, ENA, OPN, and HYPE. Other items to watch include the G20 technology ministers’ meeting in North Carolina, Vietnam’s new crypto penalty rules taking effect, the launch of Russia’s digital ruble, a proposed Secret Network migration to Arbitrum, Binance’s planned delisting of ICX, SCRT, and STORJ, and Pakistan’s deadline for virtual asset service providers to file licensing applications.

Secret Network, a Cosmos-based privacy blockchain, minted about 1.079 billion SCRT in a one-time issuance through its v1.26.0 upgrade on Aug. 21 after Proposal 365 was approved, according to CryptoSlate. The move was designed to keep the network operating before SCRT Labs ends development and related support for the chain on Sept. 1. After the upgrade, total SCRT supply rose to roughly 1.443 billion. Existing holders kept the same absolute balances, but their combined share fell to about one-quarter of the total, implying roughly 75% dilution. The newly issued tokens were allocated across the foundation, core development, ecosystem funding, advisors, research and development, validators, builders, relayers, and remediation purposes. The v1.26 token model also made about 308.4 million SCRT liquid on the first day and set ongoing inflation at 5%. Earlier, the community had rejected SCRT Labs’ Proposal 360, which involved a snapshot tied to a migration to Arbitrum.

Goldman Sachs said in its fourth annual report in the “Chip Act” series, released on Aug. 24, that China’s semiconductor IC self-sufficiency rate by unit volume had reached 70% as of June 2026, up from 38% in January 2010. The bank said the gap in value-based self-sufficiency remains large, with lithography equipment still the main bottleneck. Against that backdrop, Goldman raised its forecast for China’s semiconductor capital expenditure in 2030 to $82 billion, a 79% increase from its previous estimate, citing stronger demand tied to higher self-sufficiency, generative AI and customer localization strategies. The report also initiated coverage on Chinese DRAM maker CXMT with a Buy rating and a target price of 129 yuan. Goldman’s base-case estimate puts China’s AI chip total addressable market at $678 billion by 2030, while it sees the country’s DRAM market reaching $257 billion by 2028. The bank also expects domestic equipment vendors to increase their share of China’s WFE market, even as overseas suppliers remain important in advanced-node manufacturing.