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mint

Mint is an L2 focused on NFTs, whose core value lies in driving and realizing innovations in NFT protocol standards, guiding developers to adopt NFT assets on a large scale in real business scenarios. This includes but is not limited to areas such as AIGC, PASS, gaming, RWA, reputation systems, membership systems, and identity systems.
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first_img Utexo opens Utexo Mint early access, USDT will launch on November 28 on Bitcoin

The Bitcoin ecosystem USDT issuer Utexo announced the early access to Utexo Mint, aimed at professional operators ready to support and provide USDT on Bitcoin, with the public launch scheduled for November 28. Utexo stated that existing partners are preparing for the launch, and it is currently open for access to exchanges, wallets, market makers, OTC desks, trading companies, and other professional operators interested in supporting USDT on Bitcoin.Utexo Mint is a dedicated platform for verified operators to mint and redeem USDT on Bitcoin. In the sandbox environment, operators can test the operation of USDT based on RGB, including minting, confidential transfers, and redemptions, to validate transaction processes and complete integration before the launch. Utexo will also provide tools for managing USDT liquidity across supported networks and for fiat to USDT exchanges. Utexo Mint is not owned or operated by Tether, and USDT on Bitcoin is supported by USDT through Tether's USDT0 protocol.USDT was first launched on Bitcoin in 2014, and this return will bring stablecoin liquidity to the ecosystem and expand scenarios such as trading and BTC collateralized lending. Utexo stated that USDT on Bitcoin is launched by Utexo rather than Tether, designed with privacy features, and USDT on RGB avoids address reuse. In terms of compliance, Utexo claims it will monitor all sourced USDT, check AML scores, and monitor RGB-side risks, while collaborating with Crystal Intelligence for AML efforts. The launch will occur in two phases: on November 28, USDT will be publicly available on the Bitcoin network through RGB, accessible via partner wallets and exchanges; the second phase is planned for the first quarter of 2027 to expand USDT to the Lightning Network for payments.

first_img Securitize collaborates with Anchorage Digital Bank to directly mint stablecoins

Anchorage Digital, the first federally regulated crypto bank in the United States, announced a partnership with the tokenization platform Securitize, which will allow for the direct minting and redemption of stablecoins issued by Anchorage Digital Bank, N.A., without the need for intermediaries. Anchorage Digital Bank is also responsible for custody and settlement, ensuring that the counterparty and custody standards on the dollar side of tokenization transactions on Securitize align with those on the securities side.Securitize is the largest tokenization platform globally by assets under management, providing regulated infrastructure for tokenized funds for institutions such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, and VanEck, with platform assets exceeding $4 billion. The stablecoin issuance ecosystem of Anchorage Digital Bank includes USDtb, issued in collaboration with Ethena Labs, and USA₮, co-developed with Tether.According to an independent reserve report verified by Anchorage Digital Bank, as of August 31, 2026, approximately 99% of the $530 million reserves of USDtb are held by the Securitize tokenized BlackRock BUIDL fund.Nathan McCauley, co-founder and CEO of Anchorage Digital, stated that Anchorage Digital Bank is designed for the large-scale issuance of stablecoins under federal regulation, and regulated issuance is key for tokenization to reach institutional scale. Carlos Domingo, chairman and CEO of Securitize, mentioned that collaborating with Anchorage Digital Bank enables them to directly access digital dollars issued under federal regulation and custodied by the same institution.

first_img Cysic cross-chain bridge suffered unauthorized minting of 10 million CYS, the bridge has been suspended

The decentralized computing network Cysic released an event report on platform X stating that its cross-chain bridge was attacked on Saturday. The attacker exploited a processing vulnerability to unauthorizedly mint 10 million CYS on the BNB Smart Chain, and the cross-chain bridge has now been suspended. Preliminary investigation results indicate that the attacker accessed the database supporting the cross-chain bridge without authorization.The report shows that the minting occurred at 12:31:38 UTC, and Cysic added the receiving address to the token contract blacklist at 13:47:52. At that time, the address still held approximately 2.8 million CYS, and transfers have been restricted. Cysic stated that this incident was limited to the message processing and minting aspects of the cross-chain bridge and did not affect the mainnet or other operational systems, nor did it result in the theft or unauthorized transfer of CYS or other assets already in user wallets.Cysic emphasized that the quantity of minted tokens alone cannot determine the final dollar loss, and related token transfers, exchanges, and actual losses are still under verification. The company has hired a security agency and plans to release a follow-up report after the current investigation phase concludes. CYS is used to coordinate incentives for users, computing power providers, governance participants, and contributors within the Cysic network.
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