Cryptocurrency

3479 items in section

Kyobo Life and SBI Test Direct Yen-Won Stablecoin Transfers

Kyobo Life Insurance and Japan’s SBI Group have completed a cross-border pilot program testing the direct exchange of yen and won-denominated stablecoins. By bypassing traditional U.S. dollar conversion legs, the firms aimed to demonstrate a more efficient model for institutional fund transfers and cross-border settlement between the two nations.

Ethereum Classic operators roll back rogue Core Geth software update

Ethereum Classic mining pools have reverted to the stable Argos client after briefly adopting a disputed Core Geth v1.13.0 release. The unauthorized software, which was promoted as a critical security update, bypassed standard review protocols and altered consensus infrastructure, prompting urgent warnings from network maintainers to restore previous configurations.

Bitcoin’s Quantum Migration Challenge

The debate over Bitcoin’s post-quantum security is shifting from theoretical cryptographic threats to the practical realities of infrastructure. Ledger CTO Charles Guillemet warns that replacing signature schemes is far less complex than the logistical burden of migrating existing wallets and managing dormant funds across a decentralized network.

Ethereum researchers test sub-second payload propagation

Ethereum researchers have demonstrated a method to slash execution payload propagation times from five seconds to under one second. By segmenting data into independently verifiable chunks, the proposed EIP-8411 aims to overcome the bottlenecks of the current store-and-forward gossip model, potentially easing pressure on network bandwidth.

Crypto wealth shrinks as market correction hits millionaire ranks

The global count of crypto millionaires has dropped to 135,694 as the digital asset market contracted to $2.6 trillion. Despite the cooling of extreme wealth, broader adoption continues to climb, with 742 million people now holding digital assets worldwide according to the Henley & Partners 2026 Crypto Wealth Report.

Moscow Exchange Expands Crypto Derivatives With Perpetual Futures

Starting September 22, the Moscow Exchange will introduce perpetual futures tied to Bitcoin, Ether, Solana, XRP, and Tron indexes. These cash-settled contracts, which automatically roll over daily, are designed to provide qualified investors with exposure to digital asset price movements without requiring physical delivery of the underlying tokens.

Hong Kong Accelerates Digital Asset Integration for 2026

Hong Kong is pushing to solidify its position as a digital finance hub, with the 2026 Policy Address outlining a roadmap to integrate regulated stablecoins, tokenized real-world assets, and 24-hour central bank digital currency settlement into the city's established financial infrastructure.

Vitalik Buterin Bets on Formal Verification to Counter AI Hacking

Ethereum co-founder Vitalik Buterin has dismissed the prevailing narrative that AI-driven cyberattacks will render digital security impossible. Arguing that defense holds a structural advantage, he contends that the integration of automated formal verification could eventually allow software to mathematically guarantee its own integrity against sophisticated threats.

Column Debuts Integrated Platform for Stablecoin and Global Banking

Column has launched a suite of four financial infrastructure products designed to unify stablecoin, card issuing, and multicurrency banking. By integrating its own issuer processor directly into its banking stack, the company enables fintech firms to bypass fragmented vendor networks and execute cross-border transactions in seconds.

Upbit Delays JPYC Trading Launch by Three Hours

Upbit pushed back the debut of the yen-backed stablecoin JPYC on September 17, rescheduling the launch from 12:00 p.m. to 3:00 p.m. KST. The exchange provided no specific reason for the delay, which affects trading pairs against the South Korean won, Bitcoin, and Tether across its platform.

Anchorage Digital Adds Institutional Custody for Etherlink Assets

Institutional investors can now hold tokenized uranium and six other Etherlink-based assets within the secure, federally chartered environment of Anchorage Digital Bank. The move integrates these layer 2 tokens directly into existing custody workflows, bypassing the traditional settlement hurdles that have long complicated commodity-backed digital holdings.

House Committee Advances Strategic Bitcoin Reserve Legislation

The U.S. House Financial Services Committee voted 28-21 on September 16 to advance H.R. 8957, a bill aiming to codify a federal Strategic Bitcoin Reserve into law. The move signals a shift toward formalizing digital asset custody, moving away from executive orders toward a permanent, congressionally mandated framework.

South Korean retail investors lose $250 million to stock-tip fraud

South Korean retail investors suffered approximately $250 million in losses during the first half of 2026 as fraudulent stock-tip chatrooms exploited volatility in the KOSPI index. Police opened 3,506 investigations into schemes involving 336 billion won, marking a 19.8% increase in total financial damage compared to the previous year.

Crypto Venture Funding Rebounds to $5.68 Billion in Second Quarter

Venture investment into the crypto and blockchain sector surged 31% during the second quarter of 2026, reaching $5.68 billion across 384 separate deals. While transaction volume grew by a modest 10%, the significant uptick in total capital reflects a market shift toward larger, later-stage financing rounds.

South Korean Police Target 26 Polymarket Users in Betting Crackdown

South Korean authorities have officially booked 26 users of the prediction market platform Polymarket, alleging illegal gambling activities totaling 17.6 billion won, or approximately $12.7 million. With 18 of these cases already referred to prosecutors, the investigation marks a significant escalation in the country’s regulatory stance on decentralized prediction platforms.

UK Crypto Firms Face Strict October 2027 Regulatory Overhaul

The Financial Conduct Authority has issued final guidance mandating that crypto businesses reassess their operational permissions before the formal application window opens on September 30. With a new regulatory regime taking effect October 25, 2027, firms must navigate a complex transition that rejects automatic carry-over of existing registrations.

Celsius Estate Sues BitMEX Over $495 Million in Liquidated Bitcoin

The bankruptcy estate of Celsius Network has initiated a lawsuit against BitMEX, seeking the recovery of 6,360.17 Bitcoin. Filed in a New York court, the complaint alleges that the exchange manipulated its liquidation systems during the 2020 COVID-19 market crash to improperly retain customer collateral.

Revolut hackers demand $3M in Monero after sophisticated phishing breach

A group identifying itself as “iamnotavillain” has issued a $3 million ransom demand in Monero, threatening to sell sensitive records stolen from 680 Revolut customer accounts. The hackers claim they targeted users with significant cryptocurrency holdings by cross-referencing stolen identity documents with blockchain transaction histories.

Fed Hikes Rates to 4% as Inflation and Energy Costs Mount

The Federal Reserve unanimously raised its benchmark interest rate by 25 basis points to a range of 3.75%–4%, marking the first hike since July 2023. Facing persistent inflation and Brent crude prices exceeding $100 per barrel, officials signaled a unified commitment to cooling the economy and restoring price stability.

House Committee Advances First Federal Crypto Tax Framework

The U.S. House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act, marking the first time lawmakers have coalesced around a comprehensive tax framework for digital assets. The bipartisan bill now moves toward potential consideration on the House floor after a year of legislative drafting.

Bitcoin Futures Traders Buy the Dip as Spot Demand Wanes

Bitcoin futures traders are aggressively rebuilding long positions despite a 3.2% price slide that pushed the asset below the $77,100 support floor. While perpetual markets show renewed appetite, spot demand remains tepid, marked by significant institutional outflows and a widening discount on major U.S. exchanges.

Crypto Policy Pivot: Agencies Take the Wheel After Senate Stalls

The U.S. Senate’s failure to advance the Digital Asset Market Clarity Act on September 15 has effectively pushed the burden of industry oversight back onto federal regulators. With the bill stalled by a 49-50 vote, crypto founders and institutional investors now face an extended period of governance via enforcement and existing agency guidance.

Aave to Launch Institutional RWA Hub on Avalanche Using USA₮

Aave is expanding its institutional lending footprint by launching a dedicated credit hub on the Avalanche network. The platform will allow financial institutions to pledge tokenized real-world assets as collateral to borrow USA₮, Tether’s U.S.-regulated stablecoin, without liquidating their underlying positions.

Bitcoin’s Upgrade Path Hits a Dead End

The failed activation of BIP-110 has crystallized a growing consensus among developers: Bitcoin is effectively incapable of implementing soft forks for the foreseeable future. Paul Sztorc, creator of the Drivechain proposal, argues that the network's governance has frozen, leaving even highly-anticipated upgrades like OP_CAT in limbo.

Ondo Finance Integrates With DTCC Fund/SERV Network

Ondo Finance has secured a gateway into the heart of the U.S. mutual fund industry, becoming the first tokenization platform to join the Depository Trust & Clearing Corporation’s Fund/SERV network. This move allows its Oasis Pro Markets subsidiary to streamline transaction processing across existing financial infrastructure.

Michael Saylor Sees Bitcoin Opportunity in CLARITY Act Senate Failure

The failure of the CLARITY Act to clear a 60-vote threshold in the Senate has not signaled a retreat for U.S. crypto policy, but rather a pivot toward aggressive executive action. Michael Saylor argues that regulators will now leverage existing powers to shape the market, potentially opening doors for institutional Bitcoin adoption.

Circle Launches Arc Blockchain With Institutional Backing

Circle has officially activated the public mainnet for Arc, a Layer 1 blockchain designed for institutional finance that utilizes USDC as its native gas asset. The network aims to bridge traditional capital markets and digital assets by offering sub-second settlement and native support for tokenized funds and stablecoins.

Bitcoin Core 32 Enters Final Testing With Fee and Security Upgrades

Bitcoin Core 32.0 has moved into its final release-candidate phase, with developers tagging v32.0rc1 on September 14. The update, currently scheduled for a full release on October 10, introduces significant optimizations to fee estimation and block validation while patching critical vulnerabilities identified in the node's newly implemented HTTP server.

Two Prime Debuts Bitcoin Yield Vault with $10M First-Loss Buffer

Two Prime has launched an institutional lending vault on the Pareto platform, targeting annual yields between 1.5% and 2% for Wrapped Bitcoin depositors. To mitigate initial credit risks for participants, the firm has committed approximately $10 million of its own capital as a first-loss layer to absorb potential borrower defaults.

KREMLIN Malware Leverages Ethereum Smart Contracts to Evade Detection

Security researchers have uncovered a sophisticated banking malware campaign in Brazil that uses Ethereum smart contracts as a decentralized address book. By hosting command-and-control configurations on the blockchain, attackers can update their infrastructure remotely without modifying the underlying malicious code, complicating efforts to track and neutralize the threat.