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
Real Trump Coins denied launching or authorizing the Solana-based Trump Digital GOLD token on Aug. 29 after promotional posts appeared on its X account and associated website. Summary Real Trump Coins denied authorizing GOLD and attributed its promotion to unidentified third-party bad actors. GOLD lost approximately 99% after connected wallets sold 82.45% of the Solana
Circle becomes Chelsea’s principal partner, with USDC appearing across three teams. USDC branding will debut when Chelsea hosts Brighton at Stamford Bridge on Sunday. Circle continues expanding USDC through banks, payments firms and global partnerships. Chelsea has named Circle Internet Group as its principal partner and official front-of-shirt sponsor for the 2026/27 season. The agreement
Coinbase will suspend trading for Badger DAO and Storj on Sept. 28, 2026, following its latest review of assets listed on the U.S. cryptocurrency exchange. Summary Coinbase will suspend BADGER and STORJ trading on September 28, 2026, around 2:00 p.m. ET. Suspension covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime services for
Bitcoin prediction traders on futures have largely moved away from using Bitcoin as collateral as the price rises. The share of Bitcoin open interest that is margin positions backed by Bitcoin rather than a stablecoin now stands at about 12% across exchanges. The shift in collateral structure is separate from the market’s recent liquidation activity.
Vietnam has not issued its first crypto exchange license, but five companies have passed an initial assessment under the country’s five-year digital asset market pilot. Summary Vietnam has not licensed any crypto exchange, although five applicants passed an initial assessment stage. Applicants need 10 trillion dong in charter capital and Level 4 information-system security certification
Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%. Source link
