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According to CoinDesk, Zcash developers are integrating part of the proposed scaling upgrade code, Tachyon, into the software already in use to prepare for a large number of privacy transactions in the future. This component is named Udon, originally developed as part of Project Tachyon.According to Sean Bowe, the head of Project Tachyon, Udon was released on Monday to Zakura Common, which is a cryptographic library shared by Zakura and other Zcash projects. Common is responsible for handling some of the heavy mathematical computations behind creating and verifying privacy transactions, with Zakura being jointly developed by Bowe's team and Dev Ojha's Valar Group.Zcash wallets need to prove the validity of a privacy payment without disclosing the payer, payee, or amount, and the computers running the network subsequently verify that proof. According to CoinDesk's report in August, previous improvements to Common have reduced the time to create a privacy transaction from over 3 seconds to under 200 milliseconds in some tests.If privacy payments become more common, these computers will need to handle more data. Udon brings some of the computational requirements for the proposed scaling upgrade of Tachyon into Common, allowing developers to continue building on the already accelerated code. Udon has been released as software, but the upgrade has not yet been activated on Zcash.Bowe and Ojha's long-term goal is to exceed 50,000 payments per second. At this rate, they estimate that current cryptography will allow each Zcash node to receive over 500 MB of data per second.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "China Open Qualifiers: Wang Jiaqi vs. Bai Zhuoxuan" has seen a dramatic fluctuation in the "Wang Jiaqi" option of the sub-market "China Open Qualifiers: Wang Jiaqi vs. Bai Zhuoxuan," rising from 26% an hour ago to the current 45.05% (a fluctuation of 19.05%). Please note the impact of related breaking news.

According to Bloomberg, OpenAI apologized on Tuesday for its artificial intelligence model's unauthorized access to Australian government websites and promised to establish a new task force for post-incident rectification.The San Francisco-based company stated that it would fund Australia's cyber defense and assist in managing the risks posed by increasingly powerful artificial intelligence. OpenAI provided some details about the June incident in a blog post, as well as the steps it plans to take to avoid similar situations in the future and restore trust.

According to GMGN market data, the market capitalization of the ETH ecosystem meme coin ZC (zipcoin) once surpassed 14 million USD, increasing over 21 times within the day, currently reported at 10.07 million USD.The narrative of ZC (zipcoin) originates from Vitalik's recently completed 32-chapter novel "Snowmoon." In the novel, the fictional country Veridia uses zipcoin as its currency and has designed mechanisms such as anonymous payments, burning tokens to release high-value information, high-cost signaling through "Doorstep Burn," and automatic taxation. The prices of meme coins are highly volatile and easily influenced by market sentiment and trending events, so please be aware of trading risks.

The U.S. Securities and Exchange Commission (SEC) recently updated the relevant content regarding token buybacks in the frequently asked questions (FAQ) section related to cryptocurrencies. The new regulations clearly state that if there is no centralized entity behind the token buyback, then the buyback arrangement typically does not constitute an Investment Contract.

Ethereum co-founder Vitalik Buterin released the plan for "The Computer of the Crypto World," stating that the Hegota fork scheduled for next year may be Ethereum's last "regular" fork, with subsequent upgrades introducing recursive STARK, automated formal verification, optimized consensus, and quantum security capabilities.He indicated that Ethereum will transition from a blockchain to a hybrid architecture that integrates modern cryptography. This roadmap aims to shorten transaction finality to 8 to 32 seconds, significantly reduced from the current approximately 200 seconds with 12 confirmations, and will adjust verification, consensus, and block construction mechanisms through PeerDAS, SNARK, and FOCIL.

According to Bitcoin Magazine, Bitcoin software provider Breez announced that applications built on its Breez SDK now support users receiving stablecoin payments from over 30 networks using their Bitcoin balance.Breez stated that after the recipient selects the network and amount of the payer, the SDK generates a deposit address and displays the amount received, while the payer pays from their wallet as usual; Flashnet completes the exchange in the background, and the funds ultimately enter the recipient's non-custodial wallet in the form of Bitcoin, or in the form of USD if the stable balance feature is used.In June of this year, Breez launched the ability to send USDT/USDC, allowing a single Breez-powered balance to transfer stablecoins bi-directionally across almost all networks. This update is the latest in a series of usability upgrades, following the rollout of features such as Passkey login, Cash App instant account opening, and stable balance. Breez also launched a reference application called Glow in August to showcase the capabilities of the SDK.The Breez SDK is a developer toolkit that allows applications to add Bitcoin payments without having to build their own payment infrastructure, covering wallet creation, sending and receiving, and Lightning Network payments. Developers can provide Bitcoin functionality with minimal code, without needing to run nodes or manage liquidity.In July of this year, Breez announced a partnership with Turnkey, allowing developers to add non-custodial Bitcoin support to wallet applications running on their own servers.

According to The Wall Street Journal, Citigroup has reached a partnership with Coinbase, allowing Citigroup's institutional clients (including large multinational corporations) to accept customer stablecoin payments through Citigroup's merchant acquiring services. Coinbase will provide the stablecoin payment channel and underlying blockchain technology, automatically converting stablecoins into fiat currency, with Citigroup acting as the custodian bank to complete the funds settlement.At the same time, Coinbase's payment clients can leverage Citigroup's banking capabilities to receive, hold, and make payments using tools similar to bank accounts. The cash received will automatically be converted into stablecoins and stored in Coinbase, currently earning an annualized reward of 3.75% in interest-like benefits.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "LoL KT Rolster Challengers vs Galions World Star Challengers Invitational Playoffs," the sub-market "Game Handicap: KT.C (-1.5) vs Galions (+1.5)" option for "KT Rolster Challengers" has seen a dramatic fluctuation in win rate, rising from 40.5% an hour ago to the current 59% (a fluctuation of 18.5%). Please note the impact of relevant breaking news.

Recently, the socialized Meme trading platform Baola, strategically invested by Gate Ventures, has entered the product internal testing phase. Baola is positioned as a socialized trading platform aimed at the Meme market, exploring the combination of social content and Meme trading around aspects such as hot topic discovery, market information tracking, community interaction, and trading participation.According to the official introduction, Baola's brand proposition is "Your next Meme is on Baola," aggregating information such as popular calls, KOL dynamics, on-chain trading data, and community interactions. Users can view Caller, the number of token mentions, market capitalization at the time of the call, and subsequent peak performance, and discover active market participants through features like KOL rankings and Callout boards, gaining insights into market hotspots and participant performance from multiple dimensions.In terms of community interaction, Baola supports users in independently publishing calls and market opinions, and allows them to continuously follow interested Callers through Follow. The platform also combines KOL public calls with on-chain trading dynamics, providing information on historical calls, recent performance, and buying and selling behaviors, further linking opinion sharing, hot topic discovery, and trading participation. Currently, Baola has entered the product internal testing phase and is continuously improving the socialized trading experience in the Meme field. Users can visit the official website (https://bao.la/) for more details.

According to on-chain analyst Onchain Lens (@OnchainLens), the address 0xc745...1464 deposited 177,500 HYPE to OKX and Bybit 1 hour ago, worth approximately 16.08 million USD, suspected to be preparing for sale.Two days ago, the same address transferred 89,050 HYPE to Binance, Kraken, OKX, and Gate, worth approximately 8.21 million USD. The two transactions combined transferred a total of 266,600 HYPE, with a total value of approximately 24.29 million USD.

Reuters quoted The Information's report stating that the Chinese government has signaled that it may allow some domestic companies, such as ByteDance and Alibaba, to purchase chips from Nvidia designed for high-end professional computers. The Information cited two informed sources saying that the Ministry of Industry and Information Technology recently requested companies, including ByteDance and Alibaba, to report their plans to purchase Nvidia RTX PRO 5500 chips and informed some companies that the government intends to approve these purchases.Some industry executives expect that the RTX PRO 5500 could bypass U.S. export restrictions. Reuters stated that it could not immediately verify the above report. A spokesperson for Nvidia responded that U.S. companies are still subject to outdated U.S. export controls as well as China's import restrictions on the U.S., with the relevant export controls covering gaming products released nearly five years ago. Alibaba and ByteDance did not immediately respond to requests for comment, and Reuters was also unable to reach the Chinese government for comment.

California Governor Gavin Newsom signed a bill prohibiting California public officials from issuing meme coins.

According to CoinDesk, Ethereum co-founder Vitalik Buterin has released a long-term roadmap, referred to as Streamlining Ethereum. The vision proposes that by 2030, Ethereum will surpass a mere blockchain ledger and plans to completely restructure the protocol in the next three to four years.The transformation includes expanding transaction throughput by approximately 1000 times, introducing zero-knowledge proofs to enhance privacy and combat quantum computing threats. By 2030, the network is expected to accommodate 2TB of traditional dynamic state data, along with an additional 100TB of new scalable storage, to achieve underlying state separation and optimization. The vision also aims to establish Ethereum as an infrastructure driven by cryptographic validation, with applications extending from finance to social systems. Most developers support this plan, although some voices believe the implementation timeline is somewhat delayed.

Ethereum co-founder Vitalik Buterin announced today that the original novel "Snowmoon" has been completed, consisting of 32 chapters.The novel unfolds in a speculative science fiction setting, depicting a world that heavily relies on cryptography and decentralized governance. The story focuses on the ideological conflicts between societies such as Veridia and the Arctic Empire, involving elements like zero-knowledge proofs, second voting, privacy technologies, and content-oriented tax mechanisms, integrating themes of mechanism design and digital sovereignty that have long been of interest to Vitalik.The work is released under the GPL v3 license. Vitalik stated that adaptations into films, animations, and other derivative works are allowed, but requires the related production pipeline (including AI prompts, scripts, and other non-generic materials) to be open-sourced. He declared that all text was written by him, with AI assistance only used for spelling and grammar checks, consistency verification, and webpage formatting, and noted "Snowmoon was written with love."

According to Lookonchain monitoring, a certain whale went long on 550,087 SOL with 20x leverage a month ago, worth 67.88 million USD, and currently has unrealized profits exceeding 23 million USD.This whale also set a take-profit order at 200 USD; if SOL reaches 200 USD, its profits could exceed 65 million USD.

According to CoinDesk, French Hill, the chairman of the U.S. House Financial Services Committee, stated that tokenization has shifted from being viewed as a "futuristic" concept during the discussions of FIT21 and the CLARITY Act to a reality that is happening in real-time.He said, "We may really be tokenizing an asset like a real security— in fact, we are doing that right now."

Vitalik posted on the X platform, stating that he attempted to briefly explain the true meaning of the plans for Ethereum that forked after Hegota. Ethereum is no longer just a blockchain; it is a hybrid architecture that combines blockchain with modern cryptography, enabling more powerful features.Related plans include FOCIL, EIP-8288, streamlined consensus, state management, formal verification, memory pool improvements with privacy features, and long-term obfuscation techniques.