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Project Overview
Joint protocol is a peer-to-peer system that allows users to exchange cryptocurrencies (ERC20 Tokens) for off-chain assets like fiat, gift cards, and other real-world assets (and vice versa). It is also capable of allowing exchange between any two on-chain assets.
Hut 8 Completes $1.07 Billion Four-Year Senior Secured Revolving Credit Facility, Led by JPMorgan
Odaily News: Hut 8 announced the completion of a $1.07 billion four-year senior secured revolving credit facility, with JPMorgan serving as Lead Arranger, Bookrunner, and Administrative Agent, Citi, Goldman Sachs, and Morgan Stanley serving as Joint Lead Arrangers and Joint Bookrunners, and a syndicate comprising 12 lending institutions in total. Hut 8 is primarily engaged in energy infrastructure and digital asset mining businesses.
Alkemya Metacore Completes $50 Million Pre-IPO Funding Round, Led by Gumi Cryptos Capital
: This funding round was led by Gumi Cryptos Capital, with participation from institutions including Maven 11, Metalayer, Joint Effects, and Tribe Capital. Alkemya Metacore primarily holds approximately 7 million meters of ultra-high-purity nickel wire with a purity of 99.99% and a diameter of 0.025 mm. This asset has been independently verified with an estimated value of approximately $1.64 billion and is currently held in institutional custody in Lugano, Switzerland. The company plans to process the nickel wire into engineered mesh products for applications such as electromagnetic shielding, aerospace and defense, marine and desalination, power and industrial, semiconductors, green hydrogen, and precious metal recovery. It also aims to raise additional funds by issuing tokenized equity in the form of ALKN tokens. ALKN is issued by Alkemya Metacore SCSp in Luxembourg and is planned to be traded on regulated platforms such as Bitfinex Securities. The new issuance price is set at $1 per token, targeting institutional and professional investors, with the offering deadline set for October 15. Under the revenue distribution mechanism, investor capital will receive priority full repayment, along with a preferred return of 6% compounded annually. Profits from commercial operations will be split between token holders and partners on an 80:20 basis.
DeFi protection protocol Firelight Protocol announces $8 million funding round led by Gumi Cryptos Capital
According to CoinDesk, DeFi protection protocol Firelight Protocol has announced an $8 million funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. Incubated by DeFi infrastructure provider Sentora, which manages $2.4 billion in assets, Firelight is scheduled to officially launch this September.
Hong Kong TVB Plans to Establish Joint Venture to Provide Computing Power Services
Hong Kong Television Broadcasts Limited (also known as "TVB") announced at its board meeting on August 10 that it plans to form a joint venture with Gaw Capital to provide computing power services. The joint venture's ordinary voting shares are proposed to be held 51% by TVB and 49% by Gaw Capital, respectively. The project will be implemented in phases over the coming years, with funding sources including equity investment of up to HKD 2 billion from Gaw Capital into the joint venture, project bank financing, and the Group's internal resources.
QCP: US-Japan Joint Intervention in FX Market to Support Yen May Impact Crypto Asset Liquidity
According to QCP Group, the US Treasury, via the New York Fed, jointly purchased yen with the Japanese Ministry of Finance last Friday, marking the first US-Japan joint foreign exchange intervention action specifically to support the yen since 1998. Meanwhile, the US 30-year Treasury yield briefly rose to about 5.27%, hitting a new high since 2007, before falling back to 5.24%. QCP pointed out that the transmission path of this intervention to the crypto market mainly unfolds through yen carry trades—rapid yen appreciation may force investors holding yen funding positions to deleverage and buy back yen, subsequently affecting risk assets including BTC and ETH, reenacting the market volatility triggered by carry trade unwinding in August 2024. QCP reminded that current macro monitoring indicators should take the USD/JPY exchange rate, Japan funding costs, and US long-end Treasury yields into consideration; fiscal policy operations are increasingly becoming an important variable affecting the direction of global liquidity.
U.S. and UK Treasuries Release Joint Statement and Recommendations to Promote Stablecoin Innovation
The U.S. Department of the Treasury and the UK's His Majesty's Treasury have issued a joint statement and recommendations as part of the "Transatlantic Working Group for Future Markets." The working group recommends that the Bank of England, the FCA, along with the U.S. CFTC and SEC, develop regulatory frameworks for tokenized assets while requiring the FCA and SEC to explore measures to facilitate cross-border financing. In terms of specific recommendations, both the U.S. and UK propose: supporting the development of stablecoins, tokenized deposits, and similar digital assets; promoting market competition and innovation; and establishing higher standards for asset custody, reserve segregation, and consumer protection. (The Block)
Prince Group Asset Investigation Advances: Chinese Victims May Be Eligible to File Claims, Over 90,000 BTC Once Flowed Through Affiliated Entities
Odaily Report: Following the capture of Chen Zhi, the "mastermind" behind Cambodia's Prince Group, multiple jurisdictions have successively initiated proceedings to dispose of Prince Group's related assets. In connection with the 30 British Virgin Islands (BVI) entities effectively controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets. The BVI insolvency proceedings are collective in nature, and eligibility to file claims is not determined by nationality or jurisdiction—potential victims from any jurisdiction may file claims. This means that victims of telecom fraud and online gambling from China may also be able to submit claims at some point in the future.It is noted that "the scope of liquidation is not determined solely on the basis of sanctions." Two companies not subject to sanctions but included in the liquidation list—Amber Hill Ventures Limited ("AHV") and Lateral Bridge Global Limited ("LBG")—were mentioned in U.S. judicial proceedings and are entities within the broad network associated with Prince Group. Prosecutors stated that of the more than 120,000 BTC seized by the United States, over 90,000 BTC flowed through AHV, LBG, and another entity registered in the Cayman Islands, Future Technology Investment. As for claims by victims of telecom fraud and online gambling, no claims filing and distribution process has yet been established. If liquidation proceedings commence in the future and sufficient funds are available to support distributions to creditors, the liquidators will establish a claims process, adjudicate claims, and make distributions in accordance with BVI insolvency law. (Caixin)
U.S. Federal Judge Dismisses Gemini and CFTC's Joint Motion to Cancel $5 Million Settlement Agreement
According to Bloomberg, a U.S. federal judge denied a joint application by the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini Trust Co. to rescind a settlement agreement. The agreement was reached in January 2025 during the Biden administration and requires the Gemini exchange to pay a $5 million civil penalty.
OpenAI and Anthropic are investigating tens of thousands of AI safety incidents
Joint security researchers from OpenAI and Anthropic are investigating tens of thousands of AI frontier model security vulnerability incidents involving behaviors such as models bypassing safeguards and self-prompting. OpenAI has announced a pause in training for its most capable models to enhance safety measures.
Alkemya Metacore Completes $50 Million Pre-IPO Funding Round, Led by Gumi Cryptos Capital
: This funding round was led by Gumi Cryptos Capital, with participation from institutions including Maven 11, Metalayer, Joint Effects, and Tribe Capital. Alkemya Metacore primarily holds approximately 7 million meters of ultra-high-purity nickel wire with a purity of 99.99% and a diameter of 0.025 mm. This asset has been independently verified with an estimated value of approximately $1.64 billion and is currently held in institutional custody in Lugano, Switzerland. The company plans to process the nickel wire into engineered mesh products for applications such as electromagnetic shielding, aerospace and defense, marine and desalination, power and industrial, semiconductors, green hydrogen, and precious metal recovery. It also aims to raise additional funds by issuing tokenized equity in the form of ALKN tokens. ALKN is issued by Alkemya Metacore SCSp in Luxembourg and is planned to be traded on regulated platforms such as Bitfinex Securities. The new issuance price is set at $1 per token, targeting institutional and professional investors, with the offering deadline set for October 15. Under the revenue distribution mechanism, investor capital will receive priority full repayment, along with a preferred return of 6% compounded annually. Profits from commercial operations will be split between token holders and partners on an 80:20 basis.
Crypto Companies Send Joint Letter to AI Labs, Urging Access to Frontier Models for Bitcoin Developers
据 Cointelegraph 报道，比特币政策研究所（BPI）联合 Anchorage Digital、BitGo、Bitwise、Blockstream、Kraken、Ledger、MARA、Trezor 等多家加密机构，发布公开信敦促各大前沿 AI 实验室为比特币及开源软件开发者建立或扩展可信访问计划。 信中指出，Bitcoin Core 等开源维护者目前缺乏对 AI 实验室网络安全程序的访问渠道，被迫依赖能力较弱的开源模型，而比特币网络当前保护着逾 1 万亿美元资产，任何开源基础设施漏洞均可能危及用户毕生积蓄。BPI 同时披露，已收到多份报告显示包括潜在境外势力在内的复杂攻击者正借助先进 AI 能力持续发动攻击。
Trump's Helicopter Involved in Flight Safety Incident
According to CCTV News reports, the helicopter carrying U.S. President Trump encountered a flight safety incident in Washington on the 4th. The White House stated that the incident did not pose a personal safety risk; however, the U.S. Federal Aviation Administration has launched an investigation. Reportedly, Trump departed from outside the White House on the afternoon of the 4th aboard the "Marine One" helicopter, heading to Joint Base Andrews, and then transferred to "Air Force One" to proceed to Los Angeles.
OKX Star: Calls for Joint Industry-Level Security Standards, Opposes Security Becoming a Competitive Domain
According to official sources, in response to recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be an area of commercial competition, but rather a shared responsibility of the entire crypto industry. Over the past decade, major exchanges have made significant progress in private key protection, but potential risks remain in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at any exchange could undermine trust in the entire industry.Star called on major exchanges in the crypto industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including adding verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, and implementing key security restrictions at the cryptographic signing layer. Meanwhile, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as quantum-resistant cryptography and AI-driven security threat defense. He emphasized that no single company can safeguard the future of the crypto industry alone.
“K-line drawing” caught in the act? Trump-linked accounts exposed for precise market timing
Odaily News: Buying on the first day of the conflict, bottom-fishing right before strikes were paused, and clearing positions before strikes resumed... Trump’s investment accounts have reportedly executed 23 “Buffett-level trades” over the past six months, with unrealized gains exceeding one million dollars.It is reported that during the first six months of the ongoing geopolitical conflict, investment accounts linked to Trump generated substantial returns through active trading in energy stocks. These holdings spanned nine major players in the U.S. energy sector, significantly benefiting from supply disruption fears triggered by the conflict. A report released in August by the Democratic staff of the U.S. Congress Joint Economic Committee (JEC) provided a higher estimate, calculating that Trump’s broader oil and gas investment portfolio has increased in value by up to $15.5 million so far this year.The report quickly sparked political backlash. Democratic Senator Elizabeth Warren publicly criticized Trump, stating that his initiation of the conflict with Iran this year directly drove the surge in oil and gas stocks—while his own substantial holdings rose accordingly. (CNBC)
Analysts: US-Japan Joint Intervention Raises Risks for Yen Short Sellers, but Sustained Yen Appreciation Still Needs Fundamental Support
: Multiple market analysts have stated that after the US joined Japan in intervening in the yen, shorting the yen now carries higher risks.Analysts pointed out that the joint US-Japan action has enhanced the credibility of the authorities' efforts to stabilize the yen, making it more difficult for the market to persistently bet against the currency. However, relying solely on currency intervention is unlikely to change long-term trends. Sustained yen strength will still require fundamental support, such as further policy tightening by the Bank of Japan, a decline in US yields, or an improvement in Japan's fiscal outlook. Some analysts believe that a stronger yen could put pressure on Japan's export-dependent companies and stock market, while if the intervention falls short of expectations, it could also raise concerns about further yen depreciation. (Bloomberg)
OKX Star: Calls for Joint Industry-Level Security Standards, Opposes Security Becoming a Competitive Domain
According to official sources, in response to recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be an area of commercial competition, but rather a shared responsibility of the entire crypto industry. Over the past decade, major exchanges have made significant progress in private key protection, but potential risks remain in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at any exchange could undermine trust in the entire industry.Star called on major exchanges in the crypto industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including adding verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, and implementing key security restrictions at the cryptographic signing layer. Meanwhile, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as quantum-resistant cryptography and AI-driven security threat defense. He emphasized that no single company can safeguard the future of the crypto industry alone.
OpenAI and Anthropic are investigating tens of thousands of AI safety incidents
Joint security researchers from OpenAI and Anthropic are investigating tens of thousands of AI frontier model security vulnerability incidents involving behaviors such as models bypassing safeguards and self-prompting. OpenAI has announced a pause in training for its most capable models to enhance safety measures.
Crypto Companies Send Joint Letter to AI Labs, Urging Access to Frontier Models for Bitcoin Developers
据 Cointelegraph 报道，比特币政策研究所（BPI）联合 Anchorage Digital、BitGo、Bitwise、Blockstream、Kraken、Ledger、MARA、Trezor 等多家加密机构，发布公开信敦促各大前沿 AI 实验室为比特币及开源软件开发者建立或扩展可信访问计划。 信中指出，Bitcoin Core 等开源维护者目前缺乏对 AI 实验室网络安全程序的访问渠道，被迫依赖能力较弱的开源模型，而比特币网络当前保护着逾 1 万亿美元资产，任何开源基础设施漏洞均可能危及用户毕生积蓄。BPI 同时披露，已收到多份报告显示包括潜在境外势力在内的复杂攻击者正借助先进 AI 能力持续发动攻击。
Trump's Helicopter Involved in Flight Safety Incident
According to CCTV News reports, the helicopter carrying U.S. President Trump encountered a flight safety incident in Washington on the 4th. The White House stated that the incident did not pose a personal safety risk; however, the U.S. Federal Aviation Administration has launched an investigation. Reportedly, Trump departed from outside the White House on the afternoon of the 4th aboard the "Marine One" helicopter, heading to Joint Base Andrews, and then transferred to "Air Force One" to proceed to Los Angeles.
Pakistan draws a red line with Iran: an attack on Saudi Arabia will be considered an attack on Pakistan
As the conflict between the United States and Iran continues to escalate, Pakistan has conveyed a clear stance to Iran that any attack on Saudi Arabia will be considered an attack on Pakistan. The Pakistani government and military have communicated this position to the highest levels of Iran. According to the Joint Strategic Defense Agreement signed between Pakistan and Saudi Arabia in 2025, an attack on either party will be regarded as aggression against both. Sources revealed that Iran has informed the Houthis that if the United States attacks Iranian power facilities, the Houthis will consider blocking the Bab el-Mandeb Strait. The Houthis are reportedly deploying missiles and drones near the Strait. Pakistan stated that it hopes all parties will exercise restraint and ease regional tensions through diplomatic means.
G7: Calls for Joint Action Against North Korean Cryptocurrency Theft and Cybercrime
leaders of the Group of Seven (G7) issued a statement at the G7 summit in Évian-les-Bains, France, once again calling for joint action to combat North Korean cryptocurrency theft and cybercrime. United Nations security researchers have linked North Korea's cryptocurrency theft to the funding of its weapons programs.Previously, attacks suspected to be linked to North Korean hackers included a $285 million attack on Drift Protocol in April and a $36 million breach on Humanity Protocol in June. According to Chainalysis data, North Korean hackers stole at least $2 billion in cryptocurrency in 2025, bringing their historical total theft amount to at least $6.75 billion. (Cointelegraph)
Prince Group Asset Investigation Advances: Chinese Victims May Be Eligible to File Claims, Over 90,000 BTC Once Flowed Through Affiliated Entities
Odaily Report: Following the capture of Chen Zhi, the "mastermind" behind Cambodia's Prince Group, multiple jurisdictions have successively initiated proceedings to dispose of Prince Group's related assets. In connection with the 30 British Virgin Islands (BVI) entities effectively controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets. The BVI insolvency proceedings are collective in nature, and eligibility to file claims is not determined by nationality or jurisdiction—potential victims from any jurisdiction may file claims. This means that victims of telecom fraud and online gambling from China may also be able to submit claims at some point in the future.It is noted that "the scope of liquidation is not determined solely on the basis of sanctions." Two companies not subject to sanctions but included in the liquidation list—Amber Hill Ventures Limited ("AHV") and Lateral Bridge Global Limited ("LBG")—were mentioned in U.S. judicial proceedings and are entities within the broad network associated with Prince Group. Prosecutors stated that of the more than 120,000 BTC seized by the United States, over 90,000 BTC flowed through AHV, LBG, and another entity registered in the Cayman Islands, Future Technology Investment. As for claims by victims of telecom fraud and online gambling, no claims filing and distribution process has yet been established. If liquidation proceedings commence in the future and sufficient funds are available to support distributions to creditors, the liquidators will establish a claims process, adjudicate claims, and make distributions in accordance with BVI insolvency law. (Caixin)
Bitcoin Ecosystem to Support Joint Management of USDT and BTC and Other Assets, UniSat and Utexo Advance Integration
Odaily reports: UniSat has announced a partnership with Utexo, planning to integrate USDT into UniSat Wallet and UniScan based on the RGB protocol. In the future, users will be able to manage and transfer USDT alongside BTC, Ordinals, Runes, and other assets within the Bitcoin ecosystem. After completing wallet and explorer support, UniSat plans to enable trading between Bitcoin native assets and USDT on UniHexa. As a direct partner of Tether for Bitcoin USDT infrastructure, Utexo will assist in verifying officially issued USDT assets and plans to roll out deployment in phases, starting with institutional liquidity and exchanges before expanding to retail users.
Soluna and Bitdeer Expand Texas Joint Mining Project to 35MW
Soluna Holdings has announced an amended agreement with Dory Creek, a subsidiary of Bitdeer Technologies Group, to increase the Bitcoin mining capacity of its Project Kati 1 in South Texas, USA by 7MW, bringing the total power allocation for the project between the two parties to 35MW and filling the K1BC phase capacity. This expansion adopts a joint mining model, with Bitdeer providing and retaining ownership of Sealminer A2 Pro Air miners, while Soluna is responsible for data center infrastructure, power, and operational management, with mining revenue shared between the two parties. The additional 7MW is expected to be fully deployed by November 2026. (TheEnergyMag)
Anthropic, OpenAI, and Google Discuss Establishing a Joint AI Standards Body
Anthropic, OpenAI, and Google are discussing collaborating to establish an AI industry testing and auditing standards body. OpenAI founder Sam Altman expressed support for this direction but emphasized that it must be led independently by major labs rather than relying on the government.
“K-line drawing” caught in the act? Trump-linked accounts exposed for precise market timing
Odaily News: Buying on the first day of the conflict, bottom-fishing right before strikes were paused, and clearing positions before strikes resumed... Trump’s investment accounts have reportedly executed 23 “Buffett-level trades” over the past six months, with unrealized gains exceeding one million dollars.It is reported that during the first six months of the ongoing geopolitical conflict, investment accounts linked to Trump generated substantial returns through active trading in energy stocks. These holdings spanned nine major players in the U.S. energy sector, significantly benefiting from supply disruption fears triggered by the conflict. A report released in August by the Democratic staff of the U.S. Congress Joint Economic Committee (JEC) provided a higher estimate, calculating that Trump’s broader oil and gas investment portfolio has increased in value by up to $15.5 million so far this year.The report quickly sparked political backlash. Democratic Senator Elizabeth Warren publicly criticized Trump, stating that his initiation of the conflict with Iran this year directly drove the surge in oil and gas stocks—while his own substantial holdings rose accordingly. (CNBC)
DeFi protection protocol Firelight Protocol announces $8 million funding round led by Gumi Cryptos Capital
According to CoinDesk, DeFi protection protocol Firelight Protocol has announced an $8 million funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. Incubated by DeFi infrastructure provider Sentora, which manages $2.4 billion in assets, Firelight is scheduled to officially launch this September.
Related news
OKX Star: Calls for Joint Industry-Level Security Standards, Opposes Security Becoming a Competitive Domain
According to official sources, in response to recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be an area of commercial competition, but rather a shared responsibility of the entire crypto industry. Over the past decade, major exchanges have made significant progress in private key protection, but potential risks remain in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at any exchange could undermine trust in the entire industry.Star called on major exchanges in the crypto industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including adding verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, and implementing key security restrictions at the cryptographic signing layer. Meanwhile, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as quantum-resistant cryptography and AI-driven security threat defense. He emphasized that no single company can safeguard the future of the crypto industry alone.
Sumitomo Mitsui Financial Group to Acquire 5% Stake in SBI-Startale Joint Venture to Advance Japanese Yen Stablecoin JPYSC Adoption
According to Nikkei, Sumitomo Mitsui Financial Group (SMFG) plans to acquire a 5% stake in SBI Startale Marketing, a joint venture established by SBI Holdings and Startale Group, in the near term. The two parties intend to leverage SMFG's customer base to promote the application of the Japanese yen stablecoin JPYSC in financial services such as asset management and payments.
Prince Group Asset Investigation Advances: Chinese Victims May Be Eligible to File Claims, Over 90,000 BTC Once Flowed Through Affiliated Entities
Odaily Report: Following the capture of Chen Zhi, the "mastermind" behind Cambodia's Prince Group, multiple jurisdictions have successively initiated proceedings to dispose of Prince Group's related assets. In connection with the 30 British Virgin Islands (BVI) entities effectively controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets. The BVI insolvency proceedings are collective in nature, and eligibility to file claims is not determined by nationality or jurisdiction—potential victims from any jurisdiction may file claims. This means that victims of telecom fraud and online gambling from China may also be able to submit claims at some point in the future.It is noted that "the scope of liquidation is not determined solely on the basis of sanctions." Two companies not subject to sanctions but included in the liquidation list—Amber Hill Ventures Limited ("AHV") and Lateral Bridge Global Limited ("LBG")—were mentioned in U.S. judicial proceedings and are entities within the broad network associated with Prince Group. Prosecutors stated that of the more than 120,000 BTC seized by the United States, over 90,000 BTC flowed through AHV, LBG, and another entity registered in the Cayman Islands, Future Technology Investment. As for claims by victims of telecom fraud and online gambling, no claims filing and distribution process has yet been established. If liquidation proceedings commence in the future and sufficient funds are available to support distributions to creditors, the liquidators will establish a claims process, adjudicate claims, and make distributions in accordance with BVI insolvency law. (Caixin)
Japan's Three Major Banks Complete Joint Pilot for Yen Stablecoin, Validating Full Cross-Border Payment Workflow
Japan's Mizuho Bank, Mitsubishi UFJ Bank (MUFG), and Sumitomo Mitsui Banking Corporation (SMBC), together with Mitsubishi UFJ Trust and Banking Corporation and TISI, have completed a yen stablecoin pilot.The test used Mitsubishi Corporation's business locations in Japan and overseas as cross-border payment scenarios, successfully validating the issuance, transfer, and redemption processes of the yen stablecoin, providing technical validation for the application of stablecoins in corporate cross-border payments. (The Block)
Bitcoin Ecosystem to Support Joint Management of USDT and BTC and Other Assets, UniSat and Utexo Advance Integration
Odaily reports: UniSat has announced a partnership with Utexo, planning to integrate USDT into UniSat Wallet and UniScan based on the RGB protocol. In the future, users will be able to manage and transfer USDT alongside BTC, Ordinals, Runes, and other assets within the Bitcoin ecosystem. After completing wallet and explorer support, UniSat plans to enable trading between Bitcoin native assets and USDT on UniHexa. As a direct partner of Tether for Bitcoin USDT infrastructure, Utexo will assist in verifying officially issued USDT assets and plans to roll out deployment in phases, starting with institutional liquidity and exchanges before expanding to retail users.
U.S. Federal Judge Dismisses Gemini and CFTC's Joint Motion to Cancel $5 Million Settlement Agreement
According to Bloomberg, a U.S. federal judge denied a joint application by the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini Trust Co. to rescind a settlement agreement. The agreement was reached in January 2025 during the Biden administration and requires the Gemini exchange to pay a $5 million civil penalty.