The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue. Source link
Polymarket has strengthened its trade surveillance and investigation systems ahead of the U.S. midterm elections, as the prediction market operator faces scrutiny over insider trading and American access to its international platform. Summary Polymarket says its surveillance systems can identify anomalous trading as the U.S. midterm elections approach. The company uses blockchain analytics, machine learning
Bitcoin again closed in on the $81,000 mark on Thursday before dropping again as its stellar week continued. The leading cryptocurrency was recently trading for $80,236 after notching as high as $80,793 earlier in the day in New York. Bitcoin is now up more than 2% over the past day after gaining 10% in a
Zakura released an open-source cryptography toolkit on Aug. 29 that it says can reduce the time required to construct some private Zcash transactions from more than three seconds to below 200 milliseconds. Summary Zakura Common cuts transaction construction from over three seconds to under 200 milliseconds, developers claim. Mobile proof generation improved more than fourteenfold,
USDC settled 99.3% of x402 AI agent payment volume during Q2 2026. Circle’s USDC circulation reached $73.3 billion by the end of Q2 2026. Circle is expanding USDC use across AI agents, retail, and global payments. Circle CEO Jeremy Allaire said USDC accounted for 99.3% of payment volume processed through the x402 protocol during the
Crypto projects spent approximately $638 million repurchasing their native tokens between January and Aug. 31, according to Allium Labs figures cited by the Financial Times. Summary Crypto projects spent $638 million on token buybacks this year, exceeding last year’s comparable total. Hyperliquid and Pump.fun represented nearly 90% of tracked repurchases, according to Allium Labs data
Cronos halted block production on Aug. 30 after detecting an exploit involving Tectonic, a decentralized lending protocol operating on the blockchain. Summary Cronos validators halted block production after Tectonic disclosed an exploit affecting its decentralized lending protocol. Researchers estimate roughly $75 million was affected, but Tectonic has not confirmed total losses publicly yet. Approximately $6
Zakura says a new cryptography stack makes mobile proof generation more than 14 times faster, removing one of the biggest delays users face when sending private ZEC. Source link
Stablecoins do not yet credibly function as a payment method at scale, Bank for International Settlements General Manager Pablo Hernández de Cos said on Aug. 28 at the Federal Reserve’s Jackson Hole symposium. Summary BIS chief Pablo Hernández de Cos said stablecoins cannot credibly support payments at scale today. Tokenized deposits preserve settlement in central
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems. Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not
