[Bitpush Weekend Key News Review] Vitalik: Ethereum's mission is to connect Eastern and Western communities, with plans to achieve 10x scalability next year; BNB's market cap surpasses 130 billions USD, hitting a new high and overtaking BYD to rank 167th among global assets by market cap; Polymarket plans to return to the US and seek new financing, with a potential valuation of 10 billions USD.

Bitpush Weekend Key News Review:

[Polymarket Plans to Return to the US and Seeks New Financing, Valuation Expected to Reach $10 Billion]

According to Bitpush, citing Cointelegraph, sources revealed that prediction market Polymarket is exploring a return to the US market while seeking new financing. The new round of financing could more than triple its June valuation of $1 billion.

The report states that one investor values the company as high as $10 billion. In June, Polymarket raised $200 million in funding led by Peter Thiel's Founders Fund, which is an early supporter of companies such as OpenAI, Paxos, and Palantir.

[Faraday Future Launches Independent Listing Plan for Crypto Business]

According to Bitpush, citing Golden Ten Data, Faraday Future (FFIE.O) announced that, according to its overall strategic plan, the company is actively planning to spin off its Crypto & C10 and crypto-related assets and businesses for a public listing. Faraday Future stated that in the past two weeks, C10 Treasury has successfully completed two rounds of crypto asset allocation totaling approximately $7 million.

[BNB Market Cap Surpasses $130 Billion, Sets New High, Surpasses BYD to Rank 167th in Global Asset Market Cap]

According to Bitpush, the latest data from Coingecko shows that BNB's market cap has surpassed $130 billion, currently reaching $130,709,165,488, setting a new all-time high, with a 24-hour trading volume of $1,567,534,217.

According to MarketCap data, as BNB's market cap rises, it has now surpassed BYD and ranks 167th in global asset market capitalization.

[Vitalik: Ethereum's Mission is to Connect Eastern and Western Communities, Plans for 10x Scaling Next Year]

According to Bitpush, Ethereum co-founder Vitalik Buterin delivered a speech at EthTokyo 2025, expressing his firm belief that Layer 2 solutions are the future direction of Ethereum. He further proposed an ambitious goal: Ethereum plans to achieve 10x scaling next year, increasing the network's throughput and accessibility while maintaining decentralization and security.

Vitalik specifically emphasized the role of Asia. China developed the early PyEthereum client, volunteers translated the whitepaper and documentation into multiple languages, and the community's strength propelled Ethereum to a global stage. He compared the styles of Chinese and Japanese developers: Chinese projects advance rapidly and at scale; Japanese developers are better at experimenting with new technologies. Looking ahead, Vitalik called for more researchers and application developers to join, stating that reliance should not be solely on the core team. He encouraged Asian developers to focus on efficiency and security, and believes AI will become an important learning tool.

New technologies often "reset" the ecosystem, such as breakthroughs brought by zero-knowledge proofs. Vitalik predicts that the 2030s will usher in a new technological paradigm. He reiterated that Ethereum's mission is to connect Eastern and Western communities. In terms of financing models, he believes that globalized innovative financing methods have advantages and suggested that in the future, community governance should be combined to create a more open and transparent funding mechanism.

[Eleanor Terrett: Tether's New Stablecoin USAT Expected to Launch by Year-End]

According to Bitpush, crypto journalist Eleanor Terrett posted on social media that Tether held the US launch event for its new stablecoin USAT in New York. Tether CEO Paolo Ardoino stated that the goal is to launch USAT by the end of the year. New CEO Bo Hines said the new US headquarters will be located in Charlotte, North Carolina.

[Yala: Protocol Experienced Attempted Attack, YU Briefly Depegged, User Assets Unaffected]

According to Bitpush, Yala posted on X that the protocol recently experienced an attempted attack, causing YU to briefly depeg. With the assistance of security partners such as SlowMist, the issue has been identified and is being fixed, and the team will strengthen system robustness.

The official statement emphasized that user asset security was not affected.

[Monero Attacked Again and Experiences Block Reorganization]

According to Bitpush, citing a repost by SlowMist's Cosine on X, Monero was attacked again, and XMR experienced an 18-block reorganization. Cosine commented: "If the Monero community does not take block reorganizations seriously, this sword of Damocles will always hang over Monero... It may not necessarily result in a double-spend attack, but the capability exists... and it doesn't necessarily require strictly more than 51% of the hash power..."

[Jia Yueting: CXC10 Will Operate Independently and Raise Funds, Aiming to Become a US-Listed Web3 Company]

According to Bitpush, Jia Yueting stated that CXC10 will operate independently and raise funds, aiming to become a US-listed Web3 company. The core value of CXC10 will still be integrated into Faraday Future (FFAI), and the growth of cryptocurrency will not dilute the value of Faraday Future. The two flywheels are independent but will promote each other.

It is reported that Jia Yueting also responded to the short-selling report by Wolfpack Research, stating that the relevant report is based on outdated rumors.