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Global remittance giant Western Union (NYSE: WU) has chosen stablecoin payment infrastructure provider Noah to provide the underlying on-chain banking network for its Receiver Redirect service. This service allows recipients of Western Union transfers to receive funds in the form of USDPT stablecoin, covering over 60 currencies and more than 200 countries and regions, aiming to reduce cross-border transfer times from several days to a few hours while significantly lowering fees. The global remittance market size is approximately $905 billion annually.Receiver Redirect is based on the USDPT stablecoin issued by Western Union, which is issued by Anchorage Digital Bank on the Solana blockchain. Remitters can initiate transfers through Western Union's network of over 500,000 agent locations worldwide, while recipients will receive USDPT into their Western Union wallets and can hold this stablecoin asset indefinitely using the Stablecard, which will be launched in August 2026. Noah will provide the necessary fund management and licensing for pre-funding, exchange, and distribution of USDPT to recipients, while ensuring compliance with local regulatory requirements.Malcolm Clarke, Global Head of Digital Assets at Western Union, stated that customers are increasingly seeking greater flexibility in receiving, holding, and using funds, and this new capability will seamlessly connect Western Union's global money transfer network with the digital asset ecosystem. Noah completed a $38 million seed round financing on October 7, 2026, and obtained a cryptocurrency asset service provider license and payment institution license under the EU MiCA framework on October 15.

According to crypto analyst Darkfost, the recent reserves of stablecoins on centralized exchanges (CEX) are declining, with the stablecoin reserves on Binance reaching their lowest level this year.Data shows that the market value of stablecoins on Binance has been in a downward trend since June, decreasing by about 4.7% over the past 90 days. Darkfost also pointed out that the decline in stablecoin reserves is not an issue unique to Binance. This outflow dynamic of stablecoins will continue to put pressure on the market, and the lack of inflow liquidity is exacerbating the current weakness. To change the situation, the market needs to see funds flowing back into CEX, which would be a sign of demand recovery.

According to CoinDesk, the U.S. Department of Justice announced that authorities in Ghana and Nigeria arrested 28 people in an enforcement action against a West African scam network, which involved cryptocurrency investment fraud.The UK's National Crime Agency (NCA) stated that the operation also uncovered 117 victims of human trafficking in Ghana, who are awaiting repatriation to Nigeria. Private sector partners identified over $11 million in funds that could be frozen.The operation, hosted by the NCA, brought together tech companies and law enforcement agencies, aiming to combat scam networks targeting citizens of the U.S., U.K., and other countries. The Department of Justice stated that this is the first joint operation focused on West Africa. Cryptocurrency exchanges Coinbase and Binance, as well as blockchain analysis companies Chainalysis, Elliptic, and TRM Labs, were all involved.Coinbase stated that it assisted in tracking illegal funds, supporting asset freezes, and providing intelligence to investigators, identifying over 65 active scam victims and preventing over $415,000 in potential losses. TRM Labs claimed it uncovered a large-scale peer-to-peer money laundering network. In the Sasaabi region of Ghana, authorities arrested 19 people and seized 303 electronic devices; Nigeria arrested another 9 people. Meta reported that it has deleted over 3.7 million Facebook and Instagram accounts, pages, and groups, most of which targeted Americans and Britons through impersonation tactics. Law enforcement also received leads on over 30 suspected scam centers.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "Dota 2: Team Synapse vs. Dawn Bulls - DreamLeague Western Europe Closed Qualifiers Playoffs", the "Yes" option in the sub-market "Both sides defeat Roshan" has experienced a sharp fluctuation in winning probability, soaring from 50% an hour ago to the current 90.5% (a fluctuation of 40.5%). Please note the impact of related breaking news.

Cryptocurrency trading platform Coinbase announced its participation in Tech Against Scams and is collaborating with the UK's National Crime Agency, the U.S. Department of Justice Scam Center Strike Force, and international law enforcement partners to launch a joint crackdown week in London from October 6 to 9, sharing intelligence in real-time and coordinating actions against West African criminal scam networks.Coinbase stated that the relevant scam networks operate across platforms, seeking potential victims through social media, establishing trust via instant messaging, and using digital infrastructure and financial services to transfer illicit funds. As law enforcement and the industry intensify their crackdown on Southeast Asian scam hubs, criminal networks are expanding to other regions, including West Africa. This operation is hosted by the UK's National Crime Agency, bringing together technology, telecommunications, and financial companies to target the infrastructure, accounts, and payment systems that support scams.Coinbase Vice President Leah Bressack: The earlier crackdown on Southeast Asian scam hubs this year proved that coordinated actions between the industry and law enforcement are effective; as criminal networks attempt to rebuild in Africa, Coinbase's global intelligence team is tracking funds, freezing assets, and sharing intelligence in real-time. The tactics targeted include fraudulent cryptocurrency investment scams, impersonating law enforcement officials, and using fake video calls to carry out "arrests" to pressure transfers. Coinbase stated it will continue to collaborate with Tech Against Scams and law enforcement partners.

According to Catcher Predict monitoring, in the market prediction event "India vs West Indies T20 Series" on Polymarket, the probability of the "Yes" option in the sub-market "Match Completed" has experienced a sharp fluctuation, soaring from 50% an hour ago to the current 90.5% (a fluctuation of 40.5%). Please note the impact of related breaking news.

The Federal Bureau of Investigation (FBI) reported that the losses associated with the scam center have reached 1.7 billion dollars. During the same period, law enforcement actions conducted in West Africa resulted in the arrest of 28 individuals.The Department of Justice (DOJ) stated that during a week-long coordinated law enforcement operation, law enforcement agencies removed over 3.7 million online accounts, pages, and groups, and identified over 11 million dollars in funds that could potentially be frozen.

According to Bitcoin Magazine, U.S. Congressman Warren Davidson stated in an interview video published by Bitcoin Magazine that the future of currency is closely linked to the future of Western civilization.He pointed out that the U.S. is burdened with about $40 trillion in debt, and since 2020, the dollar has lost about 30% of its purchasing power. The rising risk of default and inflation are driving up interest rates, and those without physical assets will lose purchasing power. Davidson is the founder of the Sound Money Caucus.In the interview, Davidson also discussed the end of the debate vote on the Clarity Act and its Section 305's threat to self-custody, as well as whether the bill will be reintroduced after the midterm elections, and topics such as open-source developer protection and the Trump family ethics clause. He also mentioned the American Reserve Modernization Act and the issue of the U.S. government holding Bitcoin, and responded to whether Bitcoin has become a partisan issue.Additionally, Davidson expressed his views on central bank digital currencies, financial surveillance, and reforms to the Bank Secrecy Act, referring to stablecoins as "Hydra-like" central bank digital currencies, and discussed the GENIUS Act. He urged Bitcoin supporters to defend freedom in the midterm elections and warned that the direction of the monetary system's development will determine the trajectory of Western civilization.

According to Catcher Predict monitoring, in the market prediction event "India vs West Indies T20 Series" on Polymarket, the probability of the sub-market "Match Completed" for the "Yes" option has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90.5% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to market news, the Saudi east-west oil pipeline has suspended operations after being attacked again.

According to Gate market data, some U.S. storage chip stocks fell before the market opened, with Seagate Technology down 11.4% and Western Digital down 7.1%.

Israel will implement a "complete blockade" on the West Bank until next Saturday.

Liquid Capital founder Jack Yi posted on the X platform, stating that he has repeatedly mentioned that July and August are the last times to buy the dip. The core idea is that the third wave of decline since 1011 is the final drop, and no one can determine where it will fall, influenced by factors like black swan events, similar to how the FTX incident caused BTC to drop excessively.However, the cycle time and volatility patterns will not be wrong; when the time comes, it is time to buy the dip. One should never expect to buy at the lowest price. As for why sometimes the statements are vague, after all, no one can be 100% accurate. Just like if you get it right ten times, no one remembers, but if you get it wrong once, it will always be on the chain. Also, outrageous rumors can ignite more enthusiasm than facts.

U.S. President Trump stated: "We should have the lowest interest rates in the world, and the promised $5,000 (subsidy) should be easy for Congress to pass. I always keep my promises.The war in Iran will end, possibly before the midterm elections or right after the midterm elections. Iran is very eager to reach an agreement. I don't care if the Gulf countries meet with Iran; that is their choice.Ukrainian President Zelensky must do one thing; he must stop attacking Russian diesel fuel. We have had discussions with Ukrainian President Zelensky."When asked if the artificial intelligence industry should slow down its development pace, Trump stated: "Whoever wins in artificial intelligence will win the future."

Saudi Arabia reported to OPEC that its crude oil production in August plummeted to the lowest level since 1990, with a daily output decrease of 1.9 million barrels, down to 6.238 million barrels per day.The resumption of hostilities between the United States and Iran has squeezed Saudi Arabia's export channels, leading to a reduction in crude oil exports of about one-third, down to approximately 3 million barrels per day.

Documents obtained by The Intercept through a lawsuit under the Freedom of Information Act show that the U.S. Department of Defense once requested OpenAI to provide a version of artificial intelligence specifically tailored for the military, with a "very low refusal rate" for commands. This statement appeared in the updated contract for the 2025 prototype agreement "P00003," which is a two-year agreement worth up to $200 million, covering logistics, intelligence decision-making, and operational uses. OpenAI, Google, xAI, and Anthropic all agreed to develop such militarized prototypes in 2025.OpenAI spokesperson Nate Evans stated that the company never agreed to contract terms that included a "very low refusal rate," and the relevant documents were early drafts from the Department of Defense, with the final executed contract not containing that statement. Department of Defense spokesperson Jacob Bliss also indicated that the phrase did not appear in any current contracts. The Intercept pointed out that the documents obtained were not marked as drafts; a Department of Justice lawyer representing the Pentagon once confirmed that the document was a signed executed version, but later requested to disregard that confirmation and stated that further investigation was needed.The latest contract signed on February 27 allows OpenAI services to be deployed on military classified networks, with similar delivery terms completely redacted. OpenAI stated that it has drawn a red line regarding autonomous killing and surveillance of Americans, but the contract text allows the government to determine any use as legal.

According to TechCrunch, the space computing startup Starcloud announced the completion of a new funding round of $250 million, led by Manhattan West Ventures, with participation from institutions such as Nvidia, Cisco, Benchmark, and EQT, among which Nvidia invested approximately $25 million in this round.The new funds will be used to expand satellite manufacturing facilities and advance the research and development of the next-generation orbital data center satellite Starcloud-3. Starcloud revealed that the company has been operating Nvidia H100 data center GPUs in orbit and has completed model training based on this GPU. Currently, most space computing projects use edge computing chips, while Starcloud is collaborating with Nvidia to provide test data for the Vera Rubin Space-1 GPU, which is specifically designed for the space environment. Starcloud's CEO Philip Johnston also previously stated plans to mine Bitcoin in space.

According to the official announcement, Bitget has launched 23 stock spot rTokens including rHDV (iShares Core High Dividend ETF), rJEPI (JPMorgan Equity Premium Income ETF), rLUV (Southwest Airlines), and rOMC (Omnicom Group), covering multiple sectors such as finance, healthcare, and consumer goods. As of now, the Bitget platform supports a total of 682 rTokens.It is reported that rTokens identified by the letter r + stock code (for example, Nvidia is rNVDA) are issued by Reality, a licensed RWA protocol under Bitget, which connects directly to global liquidity pools such as NASDAQ and NYSE through collaboration with compliant broker Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

As of August 15, Bitcoin miners' holdings have dropped to approximately 1.1919 million BTC, a decrease of 885 coins from a week ago, marking a new low since May 31.During the same period, the overall network hash rate has declined, and the Puell Multiple remains at 0.75.

CryptoQuant analyst Axel Adler Jr. posted on the X platform that Bitcoin's current trading price is below the cost basis of short-term holders (STH), which is the average purchase price of Bitcoin held for less than 155 days. As of August 8, 2026, the trading price of Bitcoin is $64,952, while the realized price for short-term holders is $67,523.The spot price is 3.8% lower than this level, with a gap of $2,571, the narrowest since July 21. Over the past 284 days, Bitcoin has closed below the STH realized price for 279 days. This time may not be an exception, as short-term holders will begin to sell to close positions at breakeven.