xo

The Bitcoin ecosystem USDT issuer Utexo announced the early access to Utexo Mint, aimed at professional operators ready to support and provide USDT on Bitcoin, with the public launch scheduled for November 28. Utexo stated that existing partners are preparing for the launch, and it is currently open for access to exchanges, wallets, market makers, OTC desks, trading companies, and other professional operators interested in supporting USDT on Bitcoin.Utexo Mint is a dedicated platform for verified operators to mint and redeem USDT on Bitcoin. In the sandbox environment, operators can test the operation of USDT based on RGB, including minting, confidential transfers, and redemptions, to validate transaction processes and complete integration before the launch. Utexo will also provide tools for managing USDT liquidity across supported networks and for fiat to USDT exchanges. Utexo Mint is not owned or operated by Tether, and USDT on Bitcoin is supported by USDT through Tether's USDT0 protocol.USDT was first launched on Bitcoin in 2014, and this return will bring stablecoin liquidity to the ecosystem and expand scenarios such as trading and BTC collateralized lending. Utexo stated that USDT on Bitcoin is launched by Utexo rather than Tether, designed with privacy features, and USDT on RGB avoids address reuse. In terms of compliance, Utexo claims it will monitor all sourced USDT, check AML scores, and monitor RGB-side risks, while collaborating with Crystal Intelligence for AML efforts. The launch will occur in two phases: on November 28, USDT will be publicly available on the Bitcoin network through RGB, accessible via partner wallets and exchanges; the second phase is planned for the first quarter of 2027 to expand USDT to the Lightning Network for payments.

According to Forbes, the American satellite startup Xona Space Systems has completed a $250 million Series D funding round, with the company's valuation reaching $2.45 billion.This round of financing was led by Future Ventures, an organization co-founded by early SpaceX investor and former board member Steve Jurvetson, which invested $78.5 million in this round.

According to CCTV News reports, the National Computer Virus Emergency Response Center and the National Engineering Laboratory for Computer Virus Prevention and Control recently discovered multiple incidents of users encountering the "Weaxor" ransomware attack within our country, relying on the National Computer Virus Collaborative Analysis Platform.After the user's important files are encrypted, the file names are changed to the original file name with the ".weax" suffix added. The attackers leave a ransom note on the host, demanding that users contact them and pay the ransom.

Lightning Labs announced the launch of LayerTree on the X platform, which is a non-custodial scaling solution based on Bitcoin that can connect with the Lightning Network.According to the introduction, LayerTree utilizes Covenants technology, allowing a single UTXO to be shared by up to 1 million users. Users do not need to stay online to receive funds and can exit at any time through a single transaction, with funds not expiring due to timeouts.

According to CoinDesk, Arbitrum announced its participation in the stablecoin alliance Global Dollar Network led by Paxos, with its issued stablecoin USDG going live on Arbitrum on Tuesday.This integration covers trading, lending, and payment scenarios, with partners including Fluid, Morpho, GMX, Maple, Li.Fi, Gauntlet, Steakhouse, LayerZero, and Kraken, while Uniswap and Fhenix will be integrated later.USDG is issued by Paxos, supported by a 1:1 dollar reserve, with cross-network circulation exceeding $3 billion. The Global Dollar Network has over 150 partners, including Robinhood, Kraken, Mastercard, and OKX. Its model distributes the earnings generated from USDG reserves to partners that promote adoption, rather than being solely enjoyed by the issuer. Currently, there are about $3.8 billion in stablecoins on the Arbitrum network, with approximately 60% being Circle's USDC, and previously, Arbitrum was unable to directly share the reserve earnings of these tokens.Brendan Ma, the investment strategy director of the Arbitrum Foundation, stated that with USDG, Arbitrum and ecosystem builders can now share the benefits of growth.

According to the official announcement, the Gate stock token area will launch spot trading and flash trading for MAG7XON, BRAINON, YLD5ON, YLD8ON, BLKHION, BLKDIGON, and BLKGRWON on September 28.

According to The Block, Bitcoin mining service company Luxor is expanding its business into the AI infrastructure sector and extending its operations in energy, hardware, software, and computing power trading to this sector.Luxor's hardware brokerage has previously traded over 1 billion dollars in Bitcoin mining ASICs.

According to PR Newswire, Paxos Labs announced the launch of the gold-backed token PAXGy, with PAX Gold as the underlying asset, and holdings measured in ounces of gold. PAX Gold is fully backed by investment-grade gold in LBMA vaults and independently verified by KPMG.Holders can obtain PAXGy by depositing PAX Gold or exchanging accepted stablecoins.

The Non-Small Number Union TuringBitChain is advancing the Non-Small Number × GWDC 2026 Innovation Forum. TuringBitChain will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, and AI.TuringBitChain (TBC) will participate in this forum as a co-organizer. TBC is an independent Layer 1 public chain based on the Bitcoin UTXO model, using SHA256 PoW consensus, and supports Turing-complete smart contracts on the UTXO architecture through BVM and TuringContract. During the conference, TuringBitChain project guest Marcus Cheng will also give a speech, serving as the Marketing Director for the Asia-Pacific region of TBC.This GWDC event in South Korea is expected to attract 5,000 participants, with the South Korean Deputy Prime Minister and Minister of Finance, Sun Yuchen, Microsoft, Bithumb, Animoca Brands, and other representatives from politics, business, technology, and Web3 also appearing on-site. TBC's participation will bring topics such as UTXO Layer 1, asset tokenization, AI Agents, and high-frequency micropayments into a denser international exchange scenario.

Market news reports that the EU antitrust regulatory agency has approved EQT's proposal to acquire Exolaunch, a satellite launch partner of SpaceX.

According to Cryptopolitan, the far-right party Alternative for Germany (AfD) won first place in the Saxony-Anhalt elections with a vote share of 43.8%, securing 39 out of 83 seats, while the CDU's vote share significantly dropped to 17.2%. Although this victory does not directly affect federal tax law, it will further strengthen AfD's voice in the discussions on cryptocurrency tax reform in Berlin.AfD has consistently advocated for the retention of the 12-month tax exemption policy for Bitcoin holdings and opposes including private mining and Lightning Network node operations under commercial taxation. In contrast, the German Ministry of Finance plans to abolish this tax exemption period, aiming to increase annual revenue by at least 1 billion euros.

The stablecoin USDG issued by Paxos has officially launched on the Ethereum Layer 2 network Mantle, which has also announced its partnership with the Global Dollar Network. This integration makes USDG one of the first natively minted stablecoins on Mantle, allowing Mantle to enter the USDG reward-sharing system and receive a share of the revenue generated from USDG activities.According to DefiLlama data, USDG currently has a market capitalization of approximately $3.18 billion, making it the seventh largest stablecoin by size. This stablecoin is issued by Paxos and is subject to regulatory frameworks in Singapore and the European Union, with Paxos publishing reserve reports monthly. As a partner, Mantle has joined the Global Dollar Network, which includes over 150 members, with other members including Kraken and Robinhood.Currently, there are multiple stablecoins on Mantle, including Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle states that USDG will be used for DeFi applications and institutional capital allocation within its ecosystem. Additionally, Mantle has recently seen significant growth in the tokenization of real-world assets (RWA), with its distributed RWA value reaching $234.2 million as of this Wednesday, a 19% increase over the past 30 days.

Charu Chanana, Chief Investment Strategist at Saxo Markets, stated that Nvidia's performance strongly validates the investment logic in artificial intelligence infrastructure. She pointed out that as capacity continues to expand, storage, networking, optical communication, power infrastructure, and some cloud service providers will benefit, but the market increasingly needs to see that AI investments can yield returns.Storage remains one of the clearest beneficiary areas, and Nvidia's profit margin guidance confirms that supply remains tight. After Nvidia's earnings announcement, Asian storage chip stocks generally rose. However, Chanana added that the next phase of the storage chip market will increasingly depend on AI demand and whether the storage capacity of each accelerator can absorb the continuously increasing supply capacity, rather than solely relying on supply shortages to drive price increases.

UPBIT will start supporting the USDT trading market for Nexo (NEXO) on August 21 at 22:00. Users need to complete the NEXO deposit within 2 hours after the announcement is made. Please note that NEXO only supports deposits and withdrawals on the Ethereum network.

The Korean exchange Bithumb announced that it will add NEXO (NEXO) trading support in the Korean won (KRW) market, supporting only the Ethereum network, while other network deposits will not be supported. Deposits and withdrawals are expected to open within 2 hours after the announcement, with trading set to begin on August 21, 2026, at 13:00.To ensure a secure trading environment, temporary restrictions will be implemented during the initial launch: buying orders will be prohibited within 5 minutes after trading starts; within 5 minutes after the opening, selling order prices must not be lower than 10% of the benchmark price or higher than 100% of the benchmark price; only limit orders will be allowed for approximately 2 hours after the opening.

According to Cointelegraph, Nexo Australia announced the launch of a regulated cryptocurrency collateralized credit line, allowing eligible users to borrow Australian dollars or stablecoins using digital assets as collateral, without having to sell their held crypto assets.The service typically disburses loans within 24 hours, supports flexible repayment, has no fixed term or issuance fees, and the interest rate ranges from 0.9% to 21.9%.

Ethereum co-founder Vitalik Buterin posted on the X platform, stating that the Bitcoin community deserves recognition for promoting the development of related technological concepts, including Utreexo and other UTXO (Unspent Transaction Output) state optimization solutions. The scaling route currently being explored by Ethereum is integrating the advantages of different blockchain state models in practice.Vitalik Buterin pointed out that Ethereum hopes to simultaneously leverage the advantages of UTXO model states, dynamic states, and solutions between the two, enabling the vast majority of network activities to achieve "hyperscale" while not sacrificing decentralization, ease of node operation, and censorship resistance.Vitalik Buterin stated that future Ethereum scaling is not simply about copying a certain architecture, but rather aims to enhance throughput while maintaining the openness and security of the network by combining different design philosophies. Among them, Utreexo is a state compression solution proposed by the Bitcoin ecosystem, which reduces the storage burden on nodes by introducing accumulator technology, making full node operation more lightweight, and is considered beneficial for enhancing Bitcoin's long-term scalability.

According to Lookonchain monitoring, a whale associated with Paxos sold 800 BTC (worth $50.72 million) again through Wintermute 8 hours ago.In the past two months, this whale has sold a total of 2500 BTC (worth $154 million).

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Vivo Keyd Stars vs. Fluxo W7M - CBLOL Regular Season," the "Yes" option win rate for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.