CZ: Kyrgyzstan has established a cryptocurrency regulatory framework, and the stablecoin KGST has started circulating.
Binance founder Changpeng Zhao (CZ) announced in a post that he attended the third official meeting of Kyrgyzstan’s National Crypto Commission today, chaired by Kyrgyz President Sadyr Japarov. The meeting discussed topics including crypto regulatory frameworks, compliance, anti-money laundering (AML), anti-fraud, stablecoins, and asset tokenization—with a specific pilot project also covered in the tokenization sector. CZ noted that Kyrgyzstan’s crypto industry has made "real progress". Just about a year ago, a crypto regulatory framework was still just a concept in the country; now, Kyrgyzstan has established such a framework, opened local banking channels to serve crypto trading platforms, and its stablecoin KGST is already in market circulation.
1 hours ago
Muse Spark 1.3 Max is officially launched: The most powerful reasoning tier is finally available.
Beating AI News Flash: Meta has officially launched Muse Spark 1.3 Max, the highest inference intensity variant of Muse Spark 1.3. When Muse Spark 1.3 was first released, the Max version was still undergoing additional security testing and only available as a preview to a small number of partners. Now that security testing is complete, it can be directly used in Muse Code and Meta Model API. Meta’s Chief AI Officer Alexandr Wang stated that Max is significantly more capable than the High and XHigh variants in programming and agent tasks. In Artificial Analysis’ Coding Agent Index, Muse Code paired with Muse Spark 1.3 Max scored 68 points, placing it in the first tier.
1 hours ago
XDOF, which made its debut only three months ago, is now racing to secure Series B funding at a valuation of $1.2 billion.
According to multiple people familiar with the matter, XDOF, a startup focused on collecting real-world remote operation data to train general-purpose robots, is in late-stage negotiations for a Series B round less than three months after emerging from stealth mode. The company is valued at approximately $1.2 billion, with 8VC leading the financing round.
XDOF was co-founded in 2024 by University of California, Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO). The startup previously closed a $70 million Series A round, with investors including Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital.
XDOF had not planned to raise additional capital so quickly after its Series A, but sources said the company’s rapid business growth—with annualized revenue approaching $50 million—attracted multiple venture capital firms to proactively reach out and push for a new funding round.
TechCrunch has not obtained the specific amount of funding in this round, nor can it confirm whether the aforementioned $1.2 billion valuation includes new financing. Sources noted that the deal terms have not been finalized and could still change.
1 hours ago
BNB’s sharp rally drove a broad surge in its ecosystem meme coins, with Binance Life jumping more than 17% in the past 24 hours.
According to HTX market data, BNB has surged sharply today, breaking through the $770 mark with a 24-hour increase of over 8%, driving a broad rally in its ecosystem meme coins. Among them: MARSCOIN is trading at $0.24, up 40.7% in 24 hours; 1000CAT is at $0.00264, up 36.36% in 24 hours; TUT is at $0.002843, up 24.67% in 24 hours; Binance Life is at $0.5653, up 17.48% in 24 hours; BROCCOLI714 is at $0.021, up 16.45% in 24 hours.
1 hours ago
Analysis: Bitcoin OG holders are accelerating the transfer of their holdings, with on-chain activity rising significantly.
CryptoQuant analyst Darkfost noted in a recent post that on-chain activity among Bitcoin long-term holders (OGs) has picked up significantly. During the current phase of market consolidation, the 90-day moving average of spent UTXOs (STXOs) from investors holding BTC for over five years has risen to around 1,500 BTC. In May this year, the average amount of BTC transferred via UTXOs by this group was only half of the current level. In other words, over the past three months, Bitcoin long-term holders with over five years of holding history have been moving their BTC more frequently. This suggests that the ongoing market consolidation may be amplifying uncertainty among different types of investors, with even early Bitcoin holders who have weathered multiple market cycles starting to adjust their on-chain asset allocations. However, the transfer of BTC by OGs does not mean they are engaging in mass selling. Some funds may simply be moved to other wallets or more secure storage solutions; for example, the recent Coldcard incident may have prompted some holders to proactively adjust how they store their BTC. Therefore, current on-chain data primarily reflects increased activity among the OG group, and one cannot rely solely on UTXO transfer volumes to determine their specific buying or selling intentions.
1 hours ago
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