PayPal launches PYUSDx platform, enabling enterprises to issue custom stablecoins backed by PYUSD.

Per GMGN market data, BSC meme token "Niu Lai" has erased all gains it posted after Binance announced its spot listing, now trading at $94 million, over 36% below the all-time high of $147 million it hit following today's Binance spot listing announcement. BlockBeats reminds users that related tokens are highly volatile, so investors should exercise caution.

According to CNBC, U.S. President Donald Trump’s disclosed holdings in nine of the largest oil and gas companies are estimated to have gained between $1.5 million and $4.4 million in value between February 27 and August 31, the period on the eve of the outbreak of war with Iran. The holdings include ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, and several refining and pipeline firms. Trump’s investment account continued trading energy stocks during the conflict. As of June 29, the account reported at least 23 sales of related stocks. On the first trading day after the March 2 U.S.-Israeli first strike on Iran, the account purchased stocks in eight oil and gas firms, including $100,000 to $250,000 worth of ExxonMobil shares. On March 23, Trump delayed strikes on Iranian energy facilities before market opening; Brent crude fell nearly 11% that day, and his account reported 16 purchases of oil and gas stocks totaling roughly $163,000 to $570,000. On April 7, the account sold $500,000 to $1 million worth of ExxonMobil shares; roughly two and a half hours later, Trump announced a ceasefire with Iran, and the stock opened more than 6% lower the next day. Since disclosure documents do not provide exact share counts, transaction prices, or sale batches, the above estimates do not represent actual realized profits or current precise holdings. CNBC also found no evidence that Trump directed the trades, had advance knowledge of relevant decisions, or used personal interests to influence policy. The White House stated that the investment portfolio is managed entirely by independent administrators.

According to GMGN market data, BSC meme token "Niu Lai" has fallen below $100 million in market cap, currently trading at $98 million, down over 33% from its all-time high of $147 million set after listing on Binance’s spot market earlier today. BlockBeats reminds users that related tokens are highly volatile, and investors should exercise caution.

According to CNBC, Robinhood CEO Vlad Tenev responded to AMC CEO Adam Aron’s criticism of the firm’s stock token business, stating that after a company goes public, its shares become transferable property, and other financial institutions should be able to create financial products referencing those shares without obtaining the issuer’s permission. Tenev noted that public companies have the right to control their own stock issuance rights and obligations, but cannot prevent other firms from issuing securities that reference their stocks. Robinhood’s stock tokens are issued by independent entities and backed by underlying stocks, so they should not automatically require the public company’s consent. Tenev also acknowledged that stock token holders do not hold voting rights in the underlying company, as these tokens are designed as debt securities backed by the underlying stocks. When asked how Robinhood will exercise the voting rights attached to the underlying stocks, he said the company has not yet announced relevant plans.

The U.S. Treasury will repurchase up to $60 billion in long-term bonds on Thursday. Earlier, the U.S. Treasury announced that the size of each single long-term bond repurchase would at least double to $40 billion before November 4. (Jinshi)

Liquid Network has released an emergency update, Elements v23.3.4. Functional nodes are upgrading immediately, and all Liquid node operators are advised to update synchronously. This version fixes a proof verification cache vulnerability, enhances security by strengthening the cache keys used for range proofs, and has undergone multiple rounds of internal and external audits by teams including Bitcoin Red Team and Alpen Labs. Liquid Network also unveiled an initial recovery plan: first, resume block production while keeping peg operations suspended; then re-execute verified valid transactions; after the network is fully restored and funds are returned, resume peg operations. Blockstream is concurrently testing the first two phases, with the specific order and implementation subject to adjustment based on test results. Liquid Network also warns that scammers have taken advantage of the situation to set up fake update websites. Users should only refer to official channels of Liquid Network and Blockstream, and must not transfer funds to unknown parties or disclose private keys or mnemonics.