UXUY released an obituary on X platform, stating that co-founder Xu Zhihong passed away in his sleep last week. Xu Zhihong's friend will hold a farewell party at the OneX AI Entrepreneur Space in Chaoyang, Beijing on September 12th.

Bitcoin is holding just under $78,000 as August closes. The dollar strength that pushed the yen past its intervention line is the same force capping crypto.

Tether CEO Paolo Ardoino said that the stable currency technology has promoted decentralized holding of US treasury bond. At present, about 650 million people hold US treasury bond in succession, reducing the financial risk caused by large-scale selling by a single decision-maker.

The split was mutual, with both parties citing differing views on the future of Bitcoin mining and recent protocol developments.

The bill on Bitcoin and cryptocurrency market structure in Russia will officially come into effect tomorrow. （The Bitcoin Historian）