News linked to both this project and an event.
Odaily News: SpaceX has grand plans for Starship. If all goes according to plan, this 407-foot-tall rocket will one day be used to build an orbital AI data center network and send humans to the Moon and Mars. But first, the company plans to use Starship to send a new, improved money-making machine into space—Starlink satellites.SpaceX plans to send its first batch of V3 satellites into orbit during a critical Starship test flight mission as early as next week. Getting Starship to operate as envisioned is crucial for SpaceX and its shareholders. The company needs Starship not only to revitalize its own Starlink communications network—which contributed nearly 55% of the company's revenue in the second quarter—but also to launch satellites for a range of commercial purposes. Then perhaps its most lucrative mission: sending a futuristic orbital data center into space, which SpaceX says could help tap into a total addressable AI market worth $26.5 trillion. (Bloomberg)
Odaily News Recently, Meme and emerging ecosystem assets have remained highly active, with market hotspots rotating rapidly. Data shows that Gate Futures has successively listed 7 popular assets, including Bull, BASECAT, ANSEM, MARSCOIN, PONS, CASHCAT, and FONE, covering multiple trending public chains and ecosystems such as BNB Chain, Solana, Base, and Robinhood Chain.In terms of post-listing market performance, the Chinese cultural film IP Meme "Bull" saw a maximum gain of 288%, while the Mars space-themed Meme "MARSCOIN" surged up to 99%. PONS and FONE recorded gains of 69% and 47%, respectively, with CASHCAT and BASECAT peaking at 34% and 25%. Meanwhile, newly listed assets such as ANSEM have further enriched the thematic coverage of Meme futures.From Chinese culture, cats, and KOLs to mobile trading and early-stage public chain ecosystems, the recent listings span a diverse range of narratives, reflecting that Meme market hotspots are expanding from single themes toward multi-chain, multi-ecosystem directions. Gate continues to strengthen its offerings in popular futures contracts, keeping pace with market hotspot rotations and emerging narratives, broadening its asset trading landscape to provide traders with richer and more timely trading options.
Odaily News: On August 20 local time, the White House announced that U.S. President Trump has signed a memorandum proposing that by 2030, U.S. space transportation ranges and related facilities should be capable of supporting more than 1,000 launch and reentry missions annually. The memorandum states that the U.S. will expand and improve space launch and reentry infrastructure, requiring relevant agencies to promote the opening of federal launch sites to commercial users, encourage commercial investment, public-private partnerships, and joint infrastructure development, while accelerating facility permitting and environmental reviews. NASA has also been tasked with developing a commercial lunar logistics architecture, exploring commercial robotic Mars landings, and related architectures for commercial crewed round-trip missions to Mars. (CCTV News)
Brian Armstrong posted on X platform, stating that the U.S. Constitution is the most important political innovation in history, but it lacks two crucial elements: a cap on government spending growth and a requirement for a hard asset-backed currency. Without these two elements, every democracy tends toward more debt and eventually loses its reserve currency status, as seen in The Changing World Order. The U.S. national debt stands at $39 trillion and is increasing by approximately $1 trillion every 100 days. Currently, interest payments have exceeded the defense budget, and the existing mechanisms cannot stop this trend. Politicians get elected by promising free benefits funded by other people's money. Some voters benefit in the short term, while the negative impacts of spending are borne by future generations who have no voting rights. The incentive structure is already broken. Solutions include drafting new constitutions in frontier areas such as Mars, special economic zones, and cyberspace; adjusting incentive structures in existing systems through amendments, though this is politically challenging; or outpacing inflation through ultra-high economic growth driven by AI, robotics, and cryptocurrency.
According to TechFundingNews, stablecoin payments company NALA announced it has secured a $50 million credit facility from Liquidity through Mars Growth Capital, its joint venture with Japan’s Mitsubishi UFJ Financial Group (MUFG). The new capital will be used to develop its stablecoin payment infrastructure, with a focus on expanding cross-border payments in emerging markets—including Africa and Asia—by offering real-time stablecoin-based payments and collections, pre-funded accounts, and treasury management services. Earlier, in July 2024, NALA closed a $40 million Series A round led by investors including Acrew Capital, DST Global, Norrsken22, HOF Capital, and Amplo, as well as angel investors Vlad Tenev, co-founder of Robinhood, and Ryan King, co-founder of Chime.
Metaplanet CEO Simon Gerovich stated that the company has postponed its planned listings of the Mars and Mercury preferred shares due to the immaturity of Japan’s preferred stock market and restrictions imposed by exchange rules. He explained that Japanese exchanges require preferred share dividends to be supported by sustainable, recurring cash flows, while Metaplanet still needs to demonstrate that its Bitcoin revenue business can generate stable returns across varying market conditions. Additionally, the company plans to distribute dividends monthly, whereas the Japanese market typically follows annual or semi-annual dividend schedules, and the related infrastructure remains under development. Metaplanet currently holds 40,177 BTC, and its stock price has declined 25% year-to-date.