Bank of England gets new stablecoin innovation goal
Britain plans to give the Bank of England a secondary stablecoin innovation objective while keeping financial stability its primary duty.
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Unstoppable Domains scraps ICANN plans after web3 domain sales fall short
Unstoppable Domains has abandoned plans to seek ICANN recognition for several of its original web3 domain extensions and has begun refunding customers who bought names after the company committed to pursuing the 2026 application round. Unstoppable Domains founder Matthew Gould…
Nvidia stock jumps 7% as earnings lift Bitcoin
Nvidia shares climbed nearly 7% after its earnings beat, while Bitcoin crossed $80,000 and AI infrastructure stocks advanced.
Saitama CEO could be extradited to US over $7.5B token case
Saitama chief executive Manpreet Kohli has lost his UK court challenge against extradition to the United States, where prosecutors have charged him with wire fraud and cryptocurrency market manipulation tied to a token once valued at $7.5 billion. Reuters reported…
CZ backs Hong Kong as an RWA and DEX growth hub
CZ backed Hong Kong as a Web3 hub and predicted faster RWA and DEX growth as regulators advance rules for tokenized finance.
Bithumb wins 194M won Bitcoin recovery lawsuit
Bithumb won a first-instance ruling ordering the return of 194 million won from Bitcoin mistakenly credited during its February payout error.
Core Lightning tells node operators to upgrade after confirming security flaws
Core Lightning has confirmed multiple security vulnerabilities in its Bitcoin Lightning Network software and has urged node operators to install an upcoming security update or temporarily run their nodes offline. Core Lightning said Thursday that its developers had been reviewing…
U.S. government moves Bitcoin seized from Alameda Binance.US accounts
The U.S. government has moved a small amount of Bitcoin seized from Alameda Research accounts on Binance.US about three years ago, with the transaction involving roughly 0.0048 BTC worth about $377. Arkham Intelligence reported the transfer in an Aug. 27…
HYPE whale adds $24M as a16z link remains unverified
Twelve wallets reportedly deposited $36 million into Hyperliquid and bought $24 million in HYPE, but their suspected a16z link remains unverified.
BlackRock may eventually launch altcoin ETFs: Geraci
Nate Geraci expects BlackRock to launch more spot crypto ETFs, although the asset manager has filed no public altcoin applications.
39 US state banking groups form BankChain Alliance for 2027 blockchain launch
Thirty-nine U.S. state bankers associations have formed BankChain Alliance to develop a bank-owned blockchain network for tokenized deposits, stablecoins, smart payments and automated settlement, with a launch targeted for 2027. BankChain Alliance said in its Aug. 25 announcement that the…
Revolut just launched a euro stablecoin as Tether faces its first real regulatory squeeze
An 80 million user fintech started distributing EURR in three European countries on August 26. Tether has been locked out of the same market since July 1. The stablecoin war is no longer about which token is biggest. It is…
$TRUMP surged 93% this week but 98% of buyers are still underwater
The president’s meme coin rallied from $1.37 to $3.60 in 10 days. Team linked wallets immediately moved $6.2 million to OKX. Nearly a million wallets are sitting on $3.81 billion in combined losses. The arithmetic does not favor the late…
Bitcoin’s best August since 2017 was built on Treasury buybacks, not hopium
The US Treasury doubled its long dated bond buyback operations on August 19. Within 72 hours, $3.5 billion in crypto shorts were liquidated, Bitcoin crossed $80,000 for the first time since May, and the Fear and Greed Index swung from…
Grayscale just launched the first Zcash spot ETF and privacy coins are back on the table
The SEC approved a privacy coin ETF the same month it proposed tighter rules for every other digital asset. That contradiction tells you more about what regulators actually fear than any speech or rulemaking ever could. The last time a…
SoftBank eyes majority stake in OpenAI-backed 1X at $6 billion valuation
SoftBank has entered talks to acquire a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that could value the startup at about $6 billion. The Information reported on Aug. 26, citing people familiar with the discussions,…
CFTC warns crypto ATM scams drove $388M in losses
The CFTC warned consumers about irreversible crypto ATM payments after FBI data showed over $388 million in reported 2025 losses.
Mirae Asset plans $108B digital asset push with Digital X
Mirae Asset Group has set an initial target of building its digital asset business to 150 trillion won ($108 billion) and turning it profitable in 2027, using newly acquired crypto exchange Digital X as a central part of its “Mirae…
Connecticut sues Kalshi over unlicensed sports event contracts
Connecticut has sued Kalshi and asked a court to block the prediction market platform from offering sports event contracts that state officials classify as unlicensed sports wagering. The Connecticut Attorney General’s Office said Wednesday that Attorney General William Tong, Department…
RLUSD crosses $2 billion as XRPL supply nears $1B
Ripple’s RLUSD crossed $2 billion in market value, with nearly $1 billion issued on XRP Ledger under New York oversight.