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Liquidation Amount Exceeds $19 Billion, October 10 Becomes the Largest Liquidation Day in Crypto Industry History
Odaily reports that Bitcoin News posted on X platform that one year ago today, Bitcoin had just hit an all-time high of $126,000, and Standard Chartered predicted at the time that it would reach $200,000. However, October 10 became the largest liquidation day on record in the crypto industry, with liquidation amounts exceeding $19 billion.
OKB briefly broke through 140 USDT, up 10.39% in 24H
Odaily reports that according to OKX market data, OKB briefly broke through 140 USDT, now trading at 140.19 USDT, up 10.39% in 24H.Earlier news: OKX has completed a new round of financing, reaching a valuation of $25 billion. This financing attracted participation from institutional investors including Standard Chartered and Circle.
上线2小时流通量超4.7亿美元,OUSD在Tempo链占比超九成
Odaily星球日报讯 Open Standard 美元稳定币 OUSD 上线 2 小时,全链供应量约 4.77 亿枚,储备资产为 4.77 亿美元,储备覆盖率为 100%。其中,美国国债储备约 2.11 亿美元,占比 44.25%;美元现金储备约 2.66 亿美元,占比 55.75%。OUSD 在 Tempo 网络的流通供应量约 4.34 亿枚,累计转账金额达 5.34 亿美元。
Open Standard's stablecoin OUSD officially launches, issued by Stripe-owned Bridge
Odaily News: Open Standard has announced the official launch of its USD stablecoin OUSD. Enterprises and developers can now use OUSD to build internet-native financial services and products for banking, cross-border payments, settlement, and institutional trading. OUSD offers 4 integration paths, with related APIs and tools covering settlement, payment orchestration, trading, foreign exchange, wallets, and card services, all supporting free minting and burning at a 1:1 USD rate.Enterprises can currently access it through Mastercard, Stripe, and the Visa Stablecoin Platform, with Coinbase integration opening on October 1. OUSD will natively support Base, Ethereum, Solana, and Tempo, and will first launch on centralized and decentralized trading platforms including Coinbase, Kraken, and Uniswap. OUSD is issued by Stripe-owned Bridge, with reserve assets held at BlackRock, Lead Bank, and BNY Mellon, and proof of reserves will be published monthly.
Planet Daily
1. CEA Industries rebrands to BNB Standard, ticker BNC unchanged;2. OpenAI CEO: No IPO timetable for now;3. Ignas: Crypto industry attempts to give tokens "real value," tokenomics innovation is returning;4. Trump: Will rename "Artificial Intelligence" to "Super Intelligence" via executive order;5. Anthropic discloses signing computing power deal worth up to $84.5 billion with SpaceX;6. Robinhood CEO: SEC's no-action letter to Tesla paves the way for retail shareholder voting plans;7. Strive CEO: Amplification rate determines total returns of Bitcoin treasury companies, targeting over 60% within the year;8. Bitcoin Q4 bearish outlook challenged: Price action defies expectations, market judgment begins to waver;9. Bitcoin pioneer Adam Back's multiple ventures stumble: BSTR ordered to pay $15 million breakup fee;10. Zcash developers bring Tachyon code to Zakura Common, targeting over 50,000 private payments per second;11. Raven completes strategic funding at $90 million pre-money valuation, with Coinbase Ventures among participants.
CEA INDUSTRIES to Be Renamed BNB STANDARD
Odaily News: According to market sources, CEA INDUSTRIES will be renamed BNB STANDARD effective September 29, 2026.
Open Standard Updates Corporate Structure, Zach Abrams Assumes Full-Time Role as CEO
Odaily reports that Coinbase, Mastercard, Shopify, Stripe, and Visa will invest in Open Standard as initial founding partners and provide over $1 billion in near-term launch liquidity for its stablecoin Open USD. Open USD is designed for banking, cross-border payments, settlement, and institutional trading scenarios; Zach Abrams will serve as full-time CEO of Open Standard.
BNC stock price breaks above $6.8, up 11% intraday
According to MSX.COM data, BNC stock price has broken above $6.8, currently at $6.88, up 11%.Earlier news: CZ participated in the BNC renaming voting, supporting "BNB Standard."
Odaily Morning Brief
1. Trump launches AI renaming vote, proposes names like "Superintelligence";2. Standard Chartered predicts ARB will reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million;3. Michael Saylor: The best protection for digital asset innovation is mass adoption, aiming to attract 50 million U.S. users;4. PlanB: Bitcoin has reclaimed the 50-week moving average, confirming the end of the bear market and targeting $89,000;5. Fee revenue drops 97%, Robinhood Chain's daily fees fall to approximately $230,000;6. Over $500,000 in assets stolen, attackers forged Uniswap-related ENS names to execute arbitrage bot scam;7. Cumulative HYPE burn reaches $4.5 billion in value, Hyperliquid burns another 26,300 tokens in 24 hours;8. Arc launches agent payments, providing a custodial onboarding path for x402;9. Genius.fun creates over 13,000 tokens within 24 hours of launch, pays nearly $530,000 in fee splits to creators;10. Permissionless blockchains can operate compliantly, Jito Labs executive says banks don't need to rely on permissioned networks;11. ZachXBT questions zkSNARKs NFT project: raised over $17 million, with little to no ecosystem development seen.
Standard Chartered expects ARB to reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million
Odaily News: Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that ARB is expected to reach $10 by the end of 2030. The forecast uses $0.14 as a reference price, approximately 48 times the current price of $0.21; its annual targets also include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029.Arbitrum's monthly revenue for September is projected to reach $5 million, representing a more than 5x increase from before Robinhood Chain's launch. Robinhood Chain launched its public chain mainnet on July 1 based on the Arbitrum platform, targeting tokenized assets and decentralized finance applications; under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% supporting the Arbitrum Developer Guild.ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It currently does not represent on-chain asset ownership, nor is there a mechanism for directly capturing Arbitrum revenue. Standard Chartered noted that a slowdown in the tokenization process, competing blockchains, and ARB's lack of a direct value capture mechanism are the main risks facing this forecast. (Bitcoin.com News)
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Standard Protocol Keynote Speech | Polkadot Decoded2021
2021
05/20