‍Standard Economics Secures $9M Seed for Uno App Standard Economics, founded by former X and SpaceX personnel, has raised $9 million in seed funding led by Paradigm. The investment will fuel the development of their app, "Uno," which uses stablecoins for cost-effective cross-border payments. Uno officially launched today in Mexico, offering zero-fee domestic and international transfers. The company plans to expand into Argentina and the Philippines, aiming to enhance global financial inclusion.
‍Myriad Protocol Launches on BNB Chain, Introduces Automated Markets Prediction market protocol Myriad has expanded to BNB Chain, aiming to reach a wider user base, particularly in Asia. This integration introduces "Automated Markets," designed for speed and simplicity with auto-resolution and short timeframes. A Mandarin version is planned, aligning with a global growth strategy and enhanced localized experiences.
‍Circle Unveils Arc Testnet: A New Era for Onchain Finance Circle has launched the public testnet for Arc, its layer-1 blockchain network aiming to integrate global financial infrastructure. The initiative, referred to as an "Economic Operating System for the internet," has garnered participation from over 100 major firms in banking, capital markets, and fintech. Key financial players like BlackRock, Goldman Sachs, Visa, Mastercard, and BNY Mellon are involved. Arc features predictable USD-based fees, sub-second transaction finality, and optional privacy controls. It integrates deeply with Circle's USDC stablecoin and supports various stablecoin issuers from seven countries. The ecosystem also includes web3 infrastructure providers such as MetaMask and Chainlink. Future plans involve AI integration and a transition to a community-governed network. Circle intends to build private stablecoins on Arc, using USDC as the native gas token.
‍SoSoValue Launches SoDEX Mainnet on ValueChain, $SOSO Token Upgraded SoSoValue, an AI-powered crypto investment platform, has launched its Layer 1 blockchain, ValueChain, and its trading appchain, SoDEX. The native $SOSO token is now the primary gas and governance token for ValueChain. SoDEX boasts up to 100,000 TPS via a decentralized matching engine and a parallel appchain architecture. It supports various assets, including RWAs, with enhanced cross-chain security through Mirror Protocol infrastructure. Testnet saw over 400,000 sign-ups and 3.9 million daily orders. A Closed Alpha phase is now live, with an airdrop planned for early 2026.
‍Bybit Partners with Master Trading Academy to Boost Crypto Education in Sri Lanka Bybit and Master Trading Academy (MTA) are launching an educational initiative in Sri Lanka, aiming to bridge the crypto knowledge gap. Bybit will sponsor 120 eligible students with fee subsidies of up to 120 USDT for MTA's "Diploma in Cryptocurrency Trading & Market Analyst Mastery." The program covers blockchain technology, financial markets, and trading psychology. Applications are open until November 17, 2025.
‍F2Pool Co-founder Rejects BIP-444 Bitcoin Soft Fork Chun Wang, co-founder of F2Pool, opposes BIP-444, a proposed soft fork aimed at limiting arbitrary data on the Bitcoin network. Wang considers it a "bad idea," indicating dissent within the mining community regarding Bitcoin's future. BIP-444, proposed by Dathon Ohm, seeks to restrict non-transactional data, like Ordinals NFTs, to 83 bytes. This follows a Bitcoin Core update that removed the 80-byte cap on OP_RETURN, sparking debates about blockchain size, centralization, and potential "corporate capture." Critics fear increased node requirements, while proponents argue for flexibility and natural evolution. The soft fork faces counterarguments, including Peter Todd's demonstration of embedding the BIP-444 text itself in a costly transaction. This ongoing debate highlights fundamental divisions on whether Bitcoin should remain purely monetary or evolve into a versatile blockchain platform.
‍Stablecoin Standard Launches StableCheck: Enhancing Confidence in Digital Currencies The Stablecoin Standard (SCS) has launched StableCheck, an independent evaluation framework for fiat-backed payment stablecoins. This initiative aims to increase transparency and foster confidence in the stablecoin market. StableCheck assesses stablecoins based on six key factors: Reserve Quality, Redemption Reliability, Transparency, Governance, Market Performance, and Risk Controls. Evaluations are conducted by an independent SCS committee and results will be publicly accessible on the StableCheck Directory, updated quarterly. This framework addresses policy challenges like regulatory harmonization and the demand for real-time transparency, supporting the maturation of the digital asset market.
‍ZAR Secures $12.9M from a16z for Stablecoin Access in Pakistan ZAR, a fintech startup, has raised $12.9 million led by Andreessen Horowitz (a16z) to provide dollar-backed stablecoins to Pakistan's unbanked population. The company plans to distribute digital currency through local vendors and offer Visa cards for global use. This move aligns with Pakistan's growing crypto adoption and its recent establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA). ZAR aims to bridge the financial divide in emerging markets.
‍Bitcoin Rally Halts Near $115,000: Key Support and Demand Crucial for Growth Bitcoin's ascent has stalled around $115,000 due to declining demand and subdued on-chain activity. To overcome this resistance, BTC must maintain critical support levels, particularly around $114,000. Analysts emphasize the need for renewed buying interest and increased network engagement, with a potential Fed rate cut seen as a significant catalyst.
‍Bitcoin's Soaring Price Questions Bull Market Sustainability Market intelligence firm 10x Research suggests Bitcoin's escalating price may hinder sustained retail purchases, potentially jeopardizing the current bull market cycle's extension. The firm argues that Bitcoin is becoming "too expensive for sustained retail purchases" and that drawing firm statistical conclusions from its 16-year history is "highly questionable." While some predict Bitcoin could reach $1 million, 10x Research forecasts a cycle top of $125,000 by year-end. In contrast, Standard Chartered predicts $200,000 by end-2025. Notably, "smart money" traders are increasing their exposure to Bitcoin, even as retail accessibility challenges mount, indicating a potential two-tiered market.