On September 16, according to official news, the decentralized on-chain trading platform UXUY, incubated by Binance Labs and invested in by YZi Labs, announced that it completed its integration on the first day of the Arc public mainnet launch. This further expands trading scenarios for stablecoins, RWA, and more on-chain assets, providing users with a one-stop entry to explore and participate in the Arc ecosystem. Arc is a Layer-1 blockchain launched by Circle, the issuer of USDC, which is EVM-compatible and uses USDC for gas fees, focusing on stablecoin payments, asset tokenization, and AI-driven on-chain economic activities. The public mainnet launch marks a shift for Arc from an early limited participation phase to public openness, supporting more developers in deploying applications and users in participating in the on-chain ecosystem. UXUY founder Kevin stated, 'Stablecoins are becoming an important infrastructure connecting global assets and on-chain finance. Arc's design of using USDC for gas payments aligns closely with UXUY's stablecoin-based product philosophy. As one of the first on-chain trading platforms to support the Arc mainnet, UXUY will continue to deepen its stablecoin strategy, expand multi-chain assets and application scenarios, allowing users to conveniently discover, trade, and use multi-chain ecosystem assets, including Arc, starting from stablecoins.'
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UXUY Officially Connects to Arc Public Mainnet, Expanding Stablecoin-Based On-Chain Ecosystem
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On October 9, Telegram officially renamed its previously limited-access wallet service 'Gram wallet' to 'Money' and launched it to over one billion users across the platform. 'Money' is an integrated wallet for the Gram token, supporting storage, transfers, and purchases of platform gifts and collectible usernames. Additionally, the accompanying trading platform 'Walt' offers services for over 300 assets, including tokenized stocks, precious metals, perpetual contracts, and wealth management projects. Users can make instant transfers from 'Walt' to the 'Money' wallet without incurring network fees. The official statement also cautions that investing in crypto assets carries associated risks. -
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On October 9, the crypto asset platform Blockchain.com submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) seeking to obtain licenses for a designated contract market (DCM) and a futures commission merchant (FCM) to offer event contracts (prediction markets) and cryptocurrency derivatives trading services to U.S. users. -
US May Seize Approximately $1 Billion in Cryptocurrency Related to Iran This Week
U.S. Treasury Secretary Bencet stated at the NPolicy Summit held by Newsmax in Washington on Thursday that we may seize $1 billion in cryptocurrency this week, adding, "We know where it is, and we are isolating them." Bencet noted that the Trump administration's approach to Iran has shifted from 'maximum pressure' to 'absolute isolation,' with measures including maritime blockades, restrictions on air travel, and the cutting off of land routes. The UAE and Oman are cooperating with the U.S., which is also working with Pakistan and Turkey to cut off all land routes in and out of Iran. -
Zcash Development Team Plans to Introduce Quantum-Resistant Signatures in January
The development team of the privacy cryptocurrency Zcash (ZEC) plans to introduce post-quantum signature opcodes to the network in January next year, supporting hash-based signature technology to defend against potential quantum computing attacks. This solution primarily targets the transparent (public) payment pool, where approximately 70% of ZEC is currently stored. Although the developers have set January as the target deadline, the specific network activation time has not yet been finalized. This upgrade aims to prevent attackers from using existing public keys to reverse-engineer private keys and forge payment authorizations. Additionally, the Zcash node validator Zakura has launched a wallet tool based on Private Information Retrieval (PIR), allowing users to query balances across multiple addresses without revealing the correlation between those addresses to the server. Previously, Ethereum researcher Justin Drake warned that artificial intelligence could accelerate the cracking of traditional encryption algorithms and urged cryptocurrency holders to prepare for potential security threats. -
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