Upbit will list o1 Exchange (O) trading pairs against KRW, Bitcoin, and USDT.

Beating AI Express: Software holding firm Bending Spoons, which specializes in acquiring and long-term operating software, has agreed to acquire AI collaborative whiteboard platform Miro, with the transaction expected to close in the fourth quarter of this year. Miro was once valued at a staggering $17.5 billion in 2022, but the equity value tied to this deal is now only around $1.79 billion, a nearly 90% plunge. Miro’s sky-high valuation back then aligned with the pandemic-fueled boom in remote work demand. Since then, the remote collaboration software sector has cooled significantly, and enterprises have grown increasingly cautious about spending on such tools. Miro currently has nearly 4 million paid users, with annual recurring revenue (ARR) of roughly $600 million, nearly 90% of which comes from enterprise clients. Bending Spoons completed its acquisition of Airtable just last week. After previously purchasing products including Evernote, WeTransfer, and Vimeo, the firm raised prices and cut staff at some of these assets. Some members of Miro’s community worry that similar adjustments will soon be applied to Miro.

Aave founder Stani Kulechov has issued a statement noting that he submitted comments to HM Revenue & Customs (HMRC), recommending improvements to the tax treatment of crypto asset mortgages and stablecoins, and proposing that stablecoins be included in Individual Savings Accounts (ISA). This would allow millions of UK ISA users to potentially enjoy tax benefits when lending stablecoins in the future.

Glassnode said in a report that Bitcoin (BTC) is currently capped by a long-term holder supply wall around $83,000–$85,000, yet investors are still accumulating BTC at current price levels. The on-chain analytics firm added that if BTC breaks below this emerging dense supply zone, the next key support level to monitor is $75,000; a further downturn could even see a full pullback to roughly $60,000, it noted. BTC faces notable cost-based resistance in the $83,000–$86,000 range, where long-term holders have acquired around 1.07 million BTC, with the densest cost cluster sitting near $85,000.

Brian Beck announced he has joined Ripple as Director of Developer Relations for the RippleX Ecosystem Growth division, where he will drive the development of the developer ecosystem. In a LinkedIn post, Beck stated his new role will focus on developer support, technical depth, and real-world business applications. Public records show he previously held senior engineering management positions at PayPal and has work experience at Google, with expertise in developer platforms and enterprise technology integration. According to relevant reports, Beck’s responsibilities at RippleX will include developer promotion, technical support, documentation and tool development, developer onboarding, hackathons, developer grants, and partnerships, with a key focus on encouraging more teams to build on the XRP Ledger (XRPL).

An industry alliance comprising Nasdaq, Germany’s Stuttgart Stock Exchange and other institutions is calling on the European Union to either scrap or raise the size cap in its tokenized securities pilot programs, warning that the current cap is too low, with some existing tokenized projects in Europe already exceeding the limit. The alliance argues that the overly restrictive size cap could hinder the development of Europe’s tokenized securities market, and recommends the EU expand the pilot scope to allow market participants to further test blockchain-based securities issuance, trading and settlement models.

Prediction market platform Kalshi has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch gold and silver perpetual contracts on September 10, marking the first non-crypto perpetual contract product approved by the CFTC. Kalshi first secured approval to launch crypto perpetual contracts at the end of May this year, and as of now, the notional trading volume of these products has reached $44 billion. Kalshi noted that event contracts related to gold and silver have generated over $4 billion in trading volume over the past seven months, a development that has prompted it to further expand its precious metals perpetual contract business. Additionally, Kalshi is pursuing the launch of perpetual contracts linked to U.S. equities, copper, and foreign exchange.