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Bitget Chief Product Officer (CPO) KH outlined the new strategy for the exchange’s product upgrade: Universal Exchange (UEX). UEX aims to break the limitations of traditional centralized exchanges by expanding trading to “millions-level long-tail” on-chain assets, RWA and their derivatives, and integrating traditional financial instruments. Through AI empowerment and enhanced risk control systems, UEX seeks to become a super gateway.
With the launch of the gamified public testnet and the mainnet scheduled to go live on Ethereum in Q4 2025, the project is now entering the narrative and execution phase.
In the future, with the integration of RWA, cross-chain, and compliance whitelists, Morpho has the opportunity to truly become the "TCP/IP of the lending layer": it does not compete for users itself, but rather enables countless applications, institutions, and strategies to grow on top of it.
- 20:40The New York Fed plans to conduct approximately $40 billion in reserve management purchases in December.ChainCatcher news, according to Golden Ten Data, the New York Fed's operations desk plans to conduct approximately $40 billion in reserve management purchases from December 12 to January 14.
- 20:13dYdX launches spot trading on Solana and opens access to US usersForesight News reported, according to CoinDesk, that the dYdX team is launching its first spot trading product on Solana, which will also be available to U.S. traders for the first time. Previously, the exchange was almost exclusively known for its derivatives market. To attract new users, especially those from the United States, dYdX announced that trading fees will be waived in December.
- 20:12Crypto journalist: US officials will continue key negotiations today on the "Crypto Market Structure Bill"Foresight News reported that, according to crypto journalist Eleanor Terrett, U.S. senators will continue discussions on the "Cryptocurrency Market Structure Bill" today. This afternoon, representatives from several leading industry companies will head to the White House to attend another meeting on market structure. Afterwards, the CEOs of Bank of America, Citibank, and Wells Fargo will meet with senators to discuss the issue of restricting stablecoin issuers' affiliated companies from paying interest, as well as other outstanding issues.