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UXUY v2.0.7 officially launched Social Trading v1, expanding the on-chain social trading experience

On November 13, the 100% stablecoin-based exchange UXUY, incubated by Binance Labs and invested by YZi Labs, announced that its App's latest version v2.0.7 has officially launched the Social Trading v1 section, further connecting AI hotspot discovery, opinion exchange, and trading operations.In the UXUY App, the earnings leaderboard covers 7 days, 30 days, and all periods, allowing users to view traders' profit performance and review their opinions and judgment basis at the time of buying and selling, summarizing experiences based on trading results to optimize their own trading strategies. AI insights automatically filter popular tokens and push relevant social hotspot information in real-time, enabling users to publish text or voice opinions around related tokens, exchange market judgments, and complete transactions with one click. The personal homepage supports a centralized display of positions, profit and loss performance, and holding opinions, making it convenient for users to share asset allocation and holding logic.UXUY founder Kevin stated, "We are helping more users understand on-chain trading, understanding the decision-making logic of top traders through real holdings and opinions, lowering the understanding and participation threshold for on-chain trading. At the same time, we are also leveraging AI to filter truly useful market information for users, discover potential profit opportunities, and provide assistance for asset research and trading judgments."

first_img Prediction Market Revenue Protocol Robin Markets announced the shutdown of V1

The prediction market revenue protocol Robin Markets announced the shutdown of V1. The team stated that the initial version of the revenue product did not achieve the expected adoption and will be gradually phased out to allow for the re-launch of an improved version. The points program, revenue guarantees, and matching rewards will cease along with V1; these mechanisms were originally intended to incentivize liquidity but did not perform as expected. Existing products will continue to operate until the new version is launched by the end of this year.The team outlined two main issues. The first is position matching: V1 needs to match opposing YES and NO positions within each market's liquidity pool to combine funds into USDC for use, and the efficiency of funds depends on whether the distribution on both sides is relatively balanced. This creates a first-mover disadvantage, as tokens deposited early often remain idle before a counterparty appears, resulting in thin liquidity pools, and early users frequently cannot earn returns. The second issue is changes in the revenue environment: at the project's launch, the yield on USDC.e on Polygon was still considerable, and there was a partnership with Yearn; after October 10, more yield channels on Polygon shrank or lost competitiveness, weakening the original sources of revenue and placing greater pressure on subsidy guarantees. The team stated that insufficient matching and weakening revenue mutually influence each other, hindering the product's actual operation.Robin Markets positions itself as the capital efficiency layer of the prediction market, allowing users to stake Polymarket outcome tokens on Polygon while earning returns without losing their original market exposure. Public information shows that the project previously completed a $475,000 angel round of financing, with investors including Fabric VC, Animoca Brands, ATKA Incubator, John Lilic, Stefan D. George, and angel investors from Hilbert Capital, LayerZero, and others. The team stated that the next version will directly address the issues of matching mechanisms and revenue sources.

first_img Ripple: Asset management institutions are preparing for the payment upgrade Batch V1.1 of the XRP Ledger

According to CoinDesk, Ripple stated that asset management companies and other commercial projects are preparing to use the Batch V1.1 feature of the XRP Ledger. This feature allows up to eight transactions to be combined into a single operation and ensures that all transactions either succeed or fail in an all-or-nothing manner, avoiding situations where one party completes settlement while the other fails.This upgrade is expected to support Delivery Versus Payment (DVP) transactions, allowing asset transfers and payments to be completed simultaneously, while also enabling exchanges, wallets, and market platforms to directly attach service fees to customer transactions for processing.RippleX Engineering Director Ayo Akinyele mentioned that some projects are already being developed around Batch, and once activated, it will bring related work closer to a production environment. Specific partners and launch times will be announced once plans are finalized. The amendment has received support from 30 of the 35 tracked validators on the XRP Ledger, exceeding the 28 votes required to enter the activation countdown. The countdown began on September 15, and if the validator support rate remains above 80% within 14 days, Batch V1.1 is expected to be activated shortly after September 29.Previously, researchers discovered serious flaws in the Batch V1 signature verification process in February, which could prematurely stop checking signatures under certain conditions, allowing attackers to unauthorizedly include transactions from other accounts. The developers subsequently withdrew the original version. Since the amendment had not yet been activated at that time, the vulnerability code did not run on the live ledger, and no funds were exposed.

first_img XRP Ledger upgrade Batch V1.1 is just one vote away from activation

The Batch V1.1 upgrade for the XRP Ledger is just one vote away from initiating the activation process. The RippleX team has fixed 11 software defects in the latest review. The Batch feature allows users to combine up to eight related transactions into a single operation, ensuring that both parties complete the transfer simultaneously when two people exchange tokens, thus avoiding the situation where one party pays while the other fails.In Tuesday's snapshot, the upgrade received support from 27 out of 35 trusted validators, accounting for approximately 77%, while changes to the XRP Ledger require an 80% support rate. Therefore, currently, one validator's vote can determine success or failure, and obtaining one more vote will initiate a two-week activation countdown. The support rate must remain above this threshold for 14 days, during which validators can change their votes.Previously, researchers discovered vulnerabilities in the original Batch proposal, allowing attackers to initiate transactions using others' accounts without authorization under specific conditions; this version was not deployed on the mainnet. The new version was released with xrpld 3.3.0 on August 6, and the latest review found 11 issues related to signatures, authorization checks, and server crashes. Among these, a serious vulnerability rated by the security company Common Prefix could allow attackers to reuse user signature permissions to execute transactions beyond expectations. RippleX stated that the review involved four senior engineers, audits from Halborn and Common Prefix, public security competitions, and automated testing, and mentioned that commercial projects using Batch have been signed or are in development.
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