News linked to both this project and an event.
: X platform product lead Nikita Bier announced that the platform is upgrading the anti-cheat mechanism of its Creator Revenue Share Program, targeting engagement baiting and content plagiarism.Bier stated that if an account posts "engagement baiting" content multiple times—such as "reply to me and I'll follow everyone" or similar actions to solicit engagement—cumulatively three times or more, it will be removed from the creator revenue share program and referred to the policy team for further action, including the risk of account suspension. Currently, X has identified such behaviors through the Grok AI system, and nearly 4,000 accounts have been removed from the revenue program today.Additionally, X's updated content identification model can detect duplicate content three times more efficiently than before. The platform stated that merely adding watermarks, intros, or making simple modifications will not qualify for revenue. The related commercial display revenue will be returned to the original content poster. This mechanism also applies to copying popular text posts, such as high-engagement content like "Twitter is the smoking area of the internet."According to Nikita Bier, during this detection cycle, X found approximately 1.5 million instances of stolen content. For accounts that repeatedly or deliberately attempt to evade detection, the platform will revoke their creator revenue eligibility.X stated that through these governance measures, it is expected that over $1 million in revenue will be redistributed to original content creators, aiming to improve the quality of the platform's content ecosystem.
According to The Block, Mizuho Bank analysts noted that while Circle's approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank helps enhance its compliance credibility, it is insufficient to resolve current core pressures—the continued shrinkage of USDC market cap and increasingly fierce competition from Open USD—which still constitute a significant drag on $CRCL stock price.
Naver Financial and Dunamu have postponed the completion date of their comprehensive share swap transaction to December 31st, marking the second delay for this deal. The transaction aims to integrate Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, into Naver's financial division. The original settlement date was September 30th. Dunamu stated that incomplete digital asset legislation and pending antitrust reviews remain key variables, and any progress in either approval process could further extend the timeline or even lead to changes in the transaction.
According to PRNewswire, Nasdaq-listed Canton Coin Treasury Company Canton Strategic announced that its Board of Directors has approved a $50 million share repurchase program. The repurchase will be conducted through open-market transactions or other compliant methods in accordance with U.S. securities laws. However, the timing, scale, and execution method of the repurchase may be adjusted or terminated based on market conditions, stock price performance, trading volume, regulatory environment, and other factors. The company does not commit to any minimum or fixed number of shares to be repurchased.
Bitcoin treasury company Nakamoto announced the completion of a series of financial strategic adjustments, including reducing $45 million in debt, entering into new loan terms (partially extending repayment deadlines to 2027 and adjusting interest rates), approving a share repurchase program of up to $25 million, regaining Nasdaq compliance eligibility, and currently holding 4,468 bitcoins in reserve.
According to CoinDesk, Ripple announced on Monday that it will share its internal intelligence on North Korean hackers with Crypto ISAC, a threat intelligence-sharing organization for the cryptocurrency industry, to help businesses identify coordinated intrusion campaigns. This move comes amid a recent shift in attack patterns targeting the cryptocurrency sector. The April theft of $285 million from the Drift protocol was not a traditional smart-contract vulnerability exploit; instead, North Korean hackers spent months building relationships with Drift contributors and installing malware on their devices before stealing private keys. Ripple stated: “The strongest crypto security posture is a shared one. A threat actor rejected by one company after background screening may submit resumes to three other companies the same week. Without shared intelligence, each company starts from scratch.”
According to Tech in Asia, Naver plans to pursue an IPO for its subsidiary Naver Financial within five years after completing a share swap transaction with Dunamu—the operator of South Korea’s Upbit cryptocurrency exchange. Per the shareholders’ agreement signed by both parties, an IPO committee must be established within one year following the completion of the transaction; if the IPO is not completed within five years, the deadline may be extended up to seven years. The specific timing and structure of the IPO have yet to be determined and will depend on market conditions and regulatory developments. Notably, South Korea’s proposed Digital Asset Basic Act could impact the transaction structure, and regulators are also discussing a rule that would cap the maximum shareholding ratio for major shareholders of cryptocurrency exchanges at 20%. Meanwhile, Dunamu’s operating profit for 2025 declined 26.7% year-on-year to KRW 869.3 billion (approximately USD 591 million), primarily due to a slowdown in cryptocurrency trading volume.
In response, Star, founder and CEO of OKX, pointed out that both OKX and Binance are regulated by multiple regulatory authorities. As the ultimate beneficial owner (UBO) of a regulated company, CZ’s public proposal of a $1 billion bet is “unprofessional,” and Star expressed curiosity as to whether Binance’s regulators endorse such an action.