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Existing investors like ARK Invest and BlackRock will maintain their stakes, with additional investment from a $225 million PIPE financing round.
As X Layer continues to make progress in protocol integration and ecosystem expansion, Ouyi plans to upgrade the underlying technology of the public chain to further enhance the overall performance and scalability of the system, helping us become a leading platform for high-performance blockchain solutions. [Upgrade Time] This upgrade will begin on October 27, 2025 at 23:30 (UTC+8) and is expected to last for approximately one hour. After the upgrade is completed, the X Layer main network will recover blocks. Completed Advantages ==Convenience: Anyone with the Internet and wallet can access global finance. ==Transparency: Every transaction is recorded on a public ledger with no hidden fees. ==Autonomy: Assets are controlled by you, not by third parties. [Scope of Impact] During this upgrade process, the main network of X Layer will temporarily suspend block production, and all services related to X Layer will be temporarily suspended, including but not limited to OKX exchange related asset deposits and withdrawals, OKX DEX trading services, OKX Wallet related functions, and OKX Pay related services. Announcement details: https://www.okx.com/zh-hans/help/announcement-on-x-layer-mainnet-technical-upgrade?channelId=aicoin20 Join OKX Boost binding and enjoy 20%: https://web3.okx.com/ul/joindex?ref=AICOIN88 OKX Wallet One wallet for easy storage, trading, and management of all your digital assets
[SlowMist Cosine: North Korean Hacker Software SilentSiphon Can Steal Data from Various Applications] SlowMist Cosine posted on the X platform stating that the trojan program SilentSiphon, developed by North Korean hackers, can steal data from Apple Notes, Telegram, browser extensions, as well as credentials stored in browsers and password managers. It can also access confidential information in configuration files related to various services. Users are advised to enhance their security awareness, regularly update software versions, avoid downloading applications from unknown sources, and use reliable security software for protection.
[Zhao Changpeng Considers Filing Defamation Lawsuit Against U.S. Senator Elizabeth Warren] Binance founder Zhao Changpeng is considering filing a defamation lawsuit against Massachusetts Democratic Senator Elizabeth Warren. Previously, Warren posted a tweet on the social media platform X, accusing Zhao Changpeng of being imprisoned for criminal money laundering and claiming that he funded President Trump's stablecoin in exchange for a pardon. Zhao Changpeng, through his attorney Teresa Goody Guillen, sent a letter to Warren demanding a retraction of the statements and emphasized that he has never been convicted of money laundering. According to a plea agreement, Zhao Changpeng violated the Bank Secrecy Act by failing to establish adequate anti-money laundering controls during Binance's operations, which led to his resignation as Binance CEO. If Warren does not formally retract her statements, Zhao Changpeng will take legal action.
[A Whale Sells 6,000 ETH at $3,983, Profiting $14.43 Million] On-chain data shows that a whale address sold 6,000 ETH an hour ago at a price of $3,983, earning a profit of $14.43 million. It is reported that this address had purchased the batch of ETH at $1,582 back in April this year. Additionally, data indicates that this whale has recently accumulated a total profit of $28.92 million through ETH transactions. Notably, the address also purchased 8,240 ETH at $1,195 at the end of 2022 and sold them in July 2024 at $2,961, profiting $14.49 million.
[Early Bitcoin Investor Deposits 1,447.56 BTC to Kraken] Early Bitcoin investor Owen Gunden (@bitbitrage) recently deposited 1,447.56 Bitcoin (BTC) into the cryptocurrency exchange platform Kraken, with a current market value of approximately $163.19 million. At the same time, he transferred 2,361.73 BTC (valued at approximately $266.2 million) to a newly created wallet address. These transactions were recorded and confirmed by the on-chain monitoring tool Onchain Lens. This operation has attracted market attention and may potentially impact BTC's liquidity and price trends.