Nic Carter: If Quantum Risk Is Neglected Long Term, Institutions May 'Take Over' Bitcoin Development Governance

Reuters cited confidential IPO documents from Anthropic, revealing that the company’s computing power agreement with SpaceX’s xAI involves potential spending of up to $84.5 billion by 2029 for accessing Nvidia chip-based computing resources. Most of the agreement can be canceled with 90 days’ prior notice, and the related amounts are not locked-in revenue. Earlier, SpaceX’s Starship completed its first Earth orbital flight during the 14th test flight, successfully deploying 26 next-generation Starlink V3 satellites, though the mission ended earlier than planned. According to TradingBeats monitoring, the marked price of the SPCX perpetual contract on Hyperliquid stands at $149.50, up roughly 2.01% in 24 hours, with trading volume of approximately $52.65 million over the same period, and current open interest nominal value is around $118 million.

Iranian government spokesperson: Iranian Foreign Minister Araghchi has informed Iran’s cabinet that he has received a U.S. proposal. Earlier reports said Araghchi and his team held talks with Qatari mediators in Doha on Tuesday evening. Araghchi received the U.S.’s feedback on the seven-day plan and will discuss the matter in Tehran on Wednesday. The document under negotiation outlines a seven-day initiative aimed at building mutual trust and returning to an enhanced version of the memorandum of understanding (MoU) signed by the U.S. and Iran in June. The main point of contention between the two sides lies in the sequence of implementing measures under the seven-day plan, rather than the specific content included in the plan.

Standard Chartered has initiated coverage of Ethena’s token ENA, projecting it will appreciate to $2 by the end of 2028. The bank’s report notes that Ethena sits at the intersection of perpetual contracts, tokenization, and stablecoins, with ENA set to benefit from growth in these sectors and its newly launched buyback program. It adds that Ethena is currently the fourth-largest stablecoin issuer globally, trailing only Tether, Circle, and Sky, and the second-largest interest-bearing stablecoin issuer after Sky. Its USDe stablecoin holds the record for reaching a $10 billion market cap the fastest.

Beating AI News Flash: ByteDance’s Doubao is developing a personal AI assistant product named “Xiaodou” and plans to launch a standalone app. “Xiaodou” was not a last-minute initiative launched after Muse’s viral rise; the name was finalized this summer. Doubao kicked off internal beta testing for its personal assistant project codenamed “Spell” back in April this year, initially led by Doubao’s mobile assistant team. Recently, the project has started further integration with Doubao’s existing products, and is now jointly managed by the Spell project team and Doubao’s dialogue team. ByteDance is accelerating the push to bring its existing personal assistant projects to official product status. The main Doubao app will remain the general AI entry point, “Doubao Work” is positioned for office use, while “Xiaodou” targets consumer-grade personal assistants.

Bitwise officials announced that the U.S.’s first spot NEAR ETP, the Bitwise NEAR ETF (ticker: NRR), reached $36 million in assets under management (AUM) on its debut day, with a net inflow of $35.5 million and trading volume of $15.1 million. Earlier reports noted that Bitwise plans to internally stake the NEAR tokens held by the fund to maximize participation in NEAR’s average ~5% staking rewards.

EU MiCA-regulated stablecoin issuer AllUnity has announced the launch of its USD stablecoin USDAU, which maintains a 1:1 peg to the U.S. dollar through segregated reserves. The stablecoin will first be issued on Ethereum, Solana, Base, Tempo, Arc, and Polygon. This is AllUnity’s fourth fiat stablecoin, following the euro-pegged EURAU, Swiss franc-backed CHFAU, and Swedish krona-linked SEKAU. AllUnity CEO Alexander H?ptner said USDAU aims to bring U.S. dollar liquidity into the European regulatory framework, providing a USD settlement tool for European enterprises’ global trade and cross-border payments. (Cointelegraph)