Latest news

22:43 Stablecoins

Ripple, Clearpool and Cicada Plan RLUSD Lending Market on XRP Ledger

Ripple, Clearpool and Cicada plan RLUSD lending market on XRPL Ripple, Clearpool and Cicada Partners are building an institutional lending market on the XRP Ledger where fintechs, payments firms and crypto companies could borrow RLUSD for working capital. Clearpool is testing the setup on Devnet, Cicada will manage credit, and Ripple will invest in the fund, but a mainnet launch still depends on XRPL governance approving the XLS-66 Lending Protocol and XLS-65 Single Asset Vaults.

22:40 Infrastructure

Solana Cuts Mainnet Slot Time to 350 Milliseconds in First Live Reduction

Solana activates first mainnet slot-time reduction Solana has activated a mainnet feature that cuts its target slot time to 350 milliseconds from 400 milliseconds, the network’s first reduction since launch. The change is meant to speed up transaction confirmations and went live on Mainnet Beta at slot 440,208,000 in epoch 1019, Solana’s explorer shows. The move is the first step in a staged plan to reach 200-millisecond slots, with later 50-millisecond cuts gated by block skip rates.

21:42 Security

Coinkite Issues Coldcard Firmware Overhaul After Seed Flaw Linked to $100M in Bitcoin Theft

Coinkite pushes Coldcard security overhaul after seed flaw tied to $100M+ thefts Coinkite has released new firmware for Coldcard Mk4, Mk5 and Q wallets after a seed-generation flaw was linked to more than $100 million in stolen Bitcoin, and urged users to upgrade to 5.6.1 or 1.5.1Q. The update fixes issues in signing, USB data handling, firmware validation, Delta Mode and backups, and now requires users to add entropy when creating a seed with at least 65 key presses, 50 dice rolls or 128 coin flips. Users whose seeds were generated on affected versions between 2021 and July 2026 are being told to create a new seed on the updated firmware and move their BTC, while Coinkite said the thefts,

20:13 Security

India tells Google to shut down Firebase accounts linked to banking scam networks

India orders Google to remove Firebase accounts tied to banking scams India’s cybercrime agency I4C sent Google at least three notices in August seeking the shutdown of hundreds of Firebase accounts after tracing 57 Firebase-hosted websites and databases to fake banking apps and phishing operations. The notices said seven pages mimicked SBI, ICICI Bank and Axis Bank login screens, while other Firebase databases collected stolen card details, one-time passwords and malware data.

17:41 Security

BounceBit to retire its chain after $3.1 million BB token exploit

BounceBit to shut down chain after $3.1M BB token exploit BounceBit said it is sunsetting BounceBit Chain after hackers exploited an authorization flaw in an Evmos-based vesting and lockup module, moving 286 million BB tokens from nine wallets between Aug. 19 and 20. The firm said it cannot safely upgrade the discontinued Evmos infrastructure, so non-attacker balances will be reissued as BEP-20 BB on BNB Chain using a pre-exploit snapshot.

17:21 Regulation

UAE Detentions Renew Scrutiny of Binance-Linked Bank Accounts

Binance staff briefly detained in UAE over bank account inquiries UAE police detained Binance employees at airports this summer and held one overnight in a Sharjah police station after finding their names on a corporate bank account used to process customer deposits and withdrawals, the New York Times reported. Binance said the staff were “promptly cleared and released” after “inquiries relating to third-party fund flows” and were not targets of the probe.

17:10 Companies

BitMart Signals Partial Restart Under Restructuring Days Before Trading Halt

BitMart signals partial restart as shutdown plan shifts to restructuring BitMart said Friday it may reopen parts of its exchange under a restructuring plan, reversing its July 26 decision to shut down and landing five days before its August 26 trading halt deadline. The update says any phased restart would run “alongside distributions to creditors,” and BitMart has hired White & Case as restructuring counsel, signaling potential balance-sheet stress rather than a simple strategy reset.

17:08 Security

Besu discloses five patched security flaws addressed in Ethereum client version 26.7.1

Besu details five patched security flaws in Ethereum client 26.7.1 Besu published advisories on Aug. 14 for five vulnerabilities privately reported by CertiK and fixed in version 26.7.1, released July 27. The flaws affected the Java-based Ethereum client’s peer-to-peer, RPC, WebSocket and consensus-facing interfaces and, in affected configurations, could exhaust memory or threads, disrupting node availability or consensus processing.

16:48 Payments

Kraken and MoneyGram add hryvnia cash withdrawals for users in Ukraine

Kraken, MoneyGram launch hryvnia cash withdrawals in Ukraine Kraken users in Ukraine can now convert their USD balance into hryvnia and collect cash at MoneyGram locations, with funds usually available in under 10 minutes after confirmation. The service is limited to $1,200 a month per sender, up to three transactions a day and 20 a month, and does not yet support bank account withdrawals.

16:41 Mining

Poolin Seeks Chapter 11 Protection in New Jersey as Asset Sale Process Begins

Poolin files Chapter 11 in New Jersey with up to $500M in liabilities Bitcoin mining pool operator Poolin Technology and two affiliates filed for Chapter 11 bankruptcy protection in New Jersey, with Poolin listing $1 million to $10 million in assets against $100 million to $500 million in liabilities and 10,001 to 25,000 creditors. The debtors said the case is meant to run an orderly sale of substantially all assets; qualified bids are due Sept. 8, an auction is set for Sept. 10 if needed, and a sale hearing is scheduled for Sept. 18.

16:30 Bitcoin

Bhutan Moves 490.87 BTC to Fresh Wallets as State-Linked Transfers Continue

Bhutan moves 490.87 BTC to fresh wallets The Royal Government of Bhutan transferred 490.87 BTC worth about $32.74 million to fresh wallets over the past 24 hours, including a 485 BTC move worth roughly $32.31 million, Onchain Lens said. The recipient addresses were not identified as exchanges or trading firms, and the data does not confirm the transfers were sales, extending a run of large state-linked BTC movements in 2026.

16:14 ETF & Funds

Grayscale Discusses 200,000 ZEC Contribution From DCG Unit for NYSE Arca Move

Grayscale weighs 200,000 ZEC contribution from DCG unit for NYSE Arca listing Grayscale said in an Aug. 18 filing it is discussing a roughly 200,000 ZEC contribution from DCG International Investments Ltd. to its Zcash Trust as part of a move to NYSE Arca under ticker ZCSH. The talks are non-binding, but if completed DCG could end up owning a majority of the trust’s shares and control most shareholder votes, a risk the filing says could let it prioritize its own interests over the trust’s.

16:06 Court

French couple abducted in Landes in alleged bid to seize Bitcoin holdings

French couple abducted in alleged crypto extortion case in Landes A French couple were kidnapped from their home in Rion-des-Landes during the night of Aug. 10–11 in an alleged bid to force them to hand over a large amount of Bitcoin and other crypto, local outlet Actu Landes reported. The man was later found naked and injured in Solférino, the woman was recovered in another department, and two men have been arrested as the Bordeaux specialized jurisdiction leads the investigation.

15:43 Security

USENIX Research Raises Phishing Concerns Around Ethereum’s EIP-7702 Delegation

USENIX research flags abuse risks in Ethereum’s EIP-7702 delegation Security research presented at the USENIX Security Symposium linked 63% of analyzed EIP-7702 authorization transactions to attacker-controlled contracts and identified more than $2.3 million in confirmed thefts from automated wallet-draining activity. The researchers did not describe a core Ethereum protocol bug; the risk is users being tricked into signing malicious wallet delegation authorizations.

15:41 Infrastructure

Circle Aims for Sept. 16 Public Mainnet Launch of Arc Network

Circle targets Sept. 16 public mainnet launch for Arc Circle said Arc is on track to go live on Sept. 16, opening its blockchain to public users and apps while keeping block production in a permissioned validator set. The network will let developers deploy Ethereum-compatible contracts and pay fees in USDC, with Circle and 11 founding validators including BlackRock, DTCC, Mastercard, Standard Chartered and Visa operating validation. Arc’s testnet has logged more than 500 million transactions, while public mainnet would introduce real-value activity.

13:44 Security

Check Point says 2,000 hacked WordPress sites were used to target crypto users

Check Point links StopAndProtect to 2,000 hacked WordPress sites Check Point Research said a group it calls StopAndProtect has turned nearly 2,000 poorly maintained WordPress sites into a malware network that steals crypto wallet seeds, passwords and files from Windows PCs via fake CAPTCHA pages. Logs from the attackers’ own exposed servers showed more than 6,000 unique IP infections by July 24, over 700 archives of stolen files and 20,000-plus victim screenshots.

12:11 Regulation

South Korea Budget Office Proposes Easier Crypto Tax Rules Ahead of January Launch

South Korea budget office urges softer crypto tax rules before January launch South Korea’s National Assembly Budget Office proposed letting investors carry forward digital-asset losses for up to five years and raising the basic deduction from 2.5 million won to at least 6 million won before taxation starts in January. The report also proposed taxing staking and lending rewards as 22% rental income, exempting hard-fork tokens at issuance, and keeping airdrops taxed as other income, while the National Tax Service plans talks toward an administrative notice in October.

07:10 Infrastructure

Solana Starts Four-Step Plan to Reduce Block Time From 400ms to 200ms

Solana begins block time cut from 400ms to 200ms Solana has started the first step in halving its block time, with the initial cut to 350 milliseconds scheduled for epoch 1020 as part of a four-stage rollout in Anza’s Agave software. If completed, the change would lift output from about 144 blocks per minute to 300, while keeping total network load unchanged by making blocks smaller; validators can pause the sequence if skipped blocks rise, and Solana’s tracker showed 96.7% of stake already on the required software.

06:40 ETF & Funds

US Spot Solana ETF Inflows Pass $1.16 Billion With SOL Near $86

US spot Solana ETF inflows top $1.16 billion since launch Cumulative net inflows into US spot Solana ETFs have surpassed $1.16 billion, marking a fresh milestone for regulated SOL exposure as the token traded near $86. The figure covers total inflows since launch, not a single day or week, but it still signals building institutional demand for Solana through ETF products.

06:16 Regulation

South Korean bill seeks broader FIU powers over unregistered crypto firms

South Korean bill would let FIU directly probe unregistered crypto firms A group of South Korean lawmakers led by People Power Party’s Eom Tae-young has introduced a bill to expand the Financial Intelligence Unit’s powers over unregistered crypto businesses. The proposal would let anyone report suspected violations, allow the FIU to investigate and analyze cases, file complaints and request criminal probes directly — a shift from the current system, where the agency mainly refers cases to police; Yonhap said 23 of 25 such cases were suspended between August 2022 and August 2025.

06:11 DeFi

Aave seeks Emergency Guardian signer rotation with unchanged 5-of-9 governance setup

Aave proposes rotating Governance Emergency Guardian signers Aave Labs has proposed rotating the Aave Governance Emergency Guardian signer set while keeping its 5-of-9 threshold, Safe addresses and cancellation powers unchanged. The ARFC would replace only the underlying nine signers, disclose signing addresses but not public identities, and require hardware-wallet use, out-of-band verification and independent transaction checks to improve operational readiness and security.

05:12 Security

MANTRA Chain Pauses Network and Freezes Transactions After Unexplained Incident

MANTRA Chain halts network and freezes all transactions after incident MANTRA Chain has halted its network and frozen all transactions and endpoints after what the team called an incident affecting the chain. The disruption has hit deposits and withdrawals, and MANTRA asked exchanges and ecosystem partners to suspend trading in its native token while engineering and security teams investigate with external partners. No cause or recovery timeline has been disclosed.

02:41 Regulation

Hungary Repeals Crypto Validation Rules to Bring Law in Line With EU MiCA

Hungary repeals strict crypto rules to align with EU MiCA Hungary’s parliament has scrapped rules that required crypto-asset conversions to pass a validation check to be legal, and removed related criminal offenses from the penal code that carried penalties of up to eight years in prison. The repeal passed on July 31 and takes effect on Aug. 7, dropping national requirements that conflicted with the EU’s MiCA framework.

00:11 Regulation

BitGo Korea Secures VASP Registration Ahead of South Korea’s Tougher Crypto Rules

BitGo Korea wins South Korea VASP registration BitGo Korea has secured Virtual Asset Service Provider registration in South Korea, allowing it to offer crypto custody, management and transfer services to institutional clients in one of Asia’s toughest regulated markets. The approval, accepted by the Korea Financial Intelligence Unit, came two days before tighter VASP rules took effect; BitGo said its local venture is backed by Hana Financial Group, with about 25%, and SK Telecom, with about 10%.

23:11 Security

Fake AML screening sites use wallet approvals to steal crypto, researchers warn

Fake crypto AML checker sites trick users into wallet-draining approvals Malwarebytes says fraudulent anti-money laundering screening sites are impersonating services like AMLBot and prompting users to connect a wallet, sign a transaction, or pay a small “fee” to see a fake compliance result. Genuine wallet screening only requires a public address, not wallet connection or signing. Researchers found the same scam kit being rebranded under different names and logos.

21:41 ETF & Funds

Franklin Templeton Gets SEC Staff Relief for Tokenized Cash Use in Traditional Funds

SEC staff clears path for Franklin funds to use tokenized money fund Franklin Templeton received SEC staff relief that could let its traditional investment funds use the Franklin OnChain U.S. Government Money Fund, BENJI, for cash management and securities-lending collateral, Bloomberg reported. The SEC said the letter is not formal approval and applies only to this arrangement. Franklin expects fund boards to review the plan before any use begins in the fourth quarter.

21:25 Regulation

CFTC Prepares Backup Crypto Market Rules as Clarity Act Stalls in Senate

CFTC orders backup crypto market rules if Clarity Act stalls CFTC Chairman Michael Selig said he has ordered staff to prepare a fallback regulatory framework for crypto markets if Congress does not advance the Clarity Act, signaling the agency is ready to use existing powers instead of waiting for new law. The plan could create a federal market structure for crypto assets, let exchanges register as a specialized “crypto asset market” DCM, and open a path for some onchain finance protocols to operate legally in the US.

16:57 Security

Check Point Links StopAndProtect Malware Campaign to Nearly 2,000 Hacked WordPress Sites

StopAndProtect hit 6,000+ IPs via hacked WordPress sites, Check Point says Check Point Research says the StopAndProtect operation used nearly 2,000 compromised WordPress sites to infect Windows users with fake CAPTCHA prompts that triggered PowerShell malware, stealing passwords, seed phrases and crypto wallet files, then spreading through networks and USB drives before locking screens or deploying ransomware. By July 24, researchers linked the campaign to more than 6,000 IPs and found 700+ archives of stolen data and 31,000+ victim screenshots exposed by the attackers’ own security mistakes.

13:10 Security

Rapid7 says crypto phishing campaign targeted 885,000 phone numbers across multiple markets

Rapid7 identifies crypto phishing campaign targeting 885,000 phone numbers Rapid7 said a phishing operation it calls Operation Asterix targeted about 885,000 phone numbers across several countries, using fake wallet-provider sites and support messages to steal crypto. The campaign matched 5,576 accounts to Binance users and impersonated Crypto.com, Ledger, Trezor, and Exodus; Rapid7 said about 13% of targeted accounts were hit and AI tools were a significant part of the operation.

12:11 Infrastructure

Optimism Vote Redirects 546.9M OP From User Airdrops to Foundation Ecosystem Fund

Optimism approves shifting 546.9M OP into Foundation ecosystem fund Optimism governance approved a plan to move 546.9 million OP, about $49.7 million and 12.7% of total supply, from the user airdrop allocation into a Foundation-run Strategic Ecosystem Fund for OP Mainnet and Enterprise. The vote passed 17.974 million to 10.931 million after core development team Test in Prod cast 8.486 million OP with less than 17 minutes left, flipping support from 45.77% to 61.84%.

11:56 Tokenization

Securitize and Neuberger Launch Tokenized High-Income Credit Fund on Four Blockchains

Securitize and Neuberger launch tokenized high-yield bond fund on 4 blockchains Securitize has launched the Neuberger Securitize High Income Tokenized Fund (HINC), a fixed-income product investing mainly in high-yield bonds and also able to allocate to CLOs and leveraged loans. The fund is issued on Avalanche, Ethereum, Solana, and Sui, with Neuberger managing the portfolio; access is limited to eligible accredited investors and qualified purchasers.

10:26 Market

Binance to Remove ICX, SCRT and STORJ Spot Pairs on September 3

Binance to delist ICX, SCRT and STORJ on September 3 Binance said it will remove spot trading pairs for ICON, Secret and Storj at 03:00 UTC on September 3 after a periodic asset review, and all three tokens hit fresh all-time lows after the announcement. SCRT fell to $0.02073, ICX to $0.01529, and STORJ briefly touched $0.03749, while each project is also facing separate pressure including Secret’s migration, ICON’s shutdown, and Storj Labs’ Chapter 11 filing.

10:11 DeFi

Aave V4 mainnet proposal advances with Round 13 and Round 14 cap increases

LlamaRisk proposes Aave V4 Round 14 cap increase LlamaRisk has recommended a fourteenth round of Aave V4 cap changes after deposits across five hubs rose 6% to about $419.8M since Aug. 19. The proposal would add roughly $46M in Add Cap capacity, lifting total market capacity to about $1.01B, with the biggest increases aimed at the Global Dollar Hub after syrupUSDG and USDG lines refilled within days and Avalanche Core USDC hit its cap. If approved after review, the adjustments would be applied by the Aave Security Council.

09:10 Infrastructure

GnosisDAO backs plan to turn Gnosis Chain into Ethereum-based EEZ rollup

GnosisDAO approves Gnosis Chain move to Ethereum rollup GnosisDAO has approved GIP-153 to convert Gnosis Chain from a standalone layer-1 into a ZK-proven Ethereum Economic Zone rollup, retiring its validator set and settling directly on Ethereum. The vote passed with 123,158 GNO in favor out of 123,425 cast, above the 75,000 quorum, with launch targeted for late 2026 or early 2027 if the required EEZ technology is ready.

04:42 Regulation

South Korea’s FSS Builds AI System for Real-Time Crypto Trading Surveillance

South Korea’s FSS deploys AI system for real-time crypto market surveillance South Korea’s Financial Supervisory Service has built an AI-based surveillance system to detect unfair digital-asset trading in real time, including price manipulation, wash trades and linked accounts. The platform scans exchange data, news, online chats, videos and posts, uses generative AI and machine learning to flag suspicious activity and help decide whether to open investigations, and the FSS plans to add fund-flow analysis and on-chain tracking.

04:42 Court

Edward Zimbardi Returned to US to Face Charges Over Alleged $165 Million Crypto Fraud

Georgia prosecutors charge Edward Zimbardi over alleged $165M crypto scheme Federal prosecutors in the Northern District of Georgia unsealed charges against Edward Zimbardi after Fiji deported him to the US, alleging he ran “The Crypto Program,” a digital asset investment fraud that took about $165 million from thousands of investors worldwide. Prosecutors say he promised guaranteed 25% monthly returns, used new investor funds to pay earlier withdrawals, lost more than $34 million in risky forex trades, and spent at least $10 million on personal expenses.

04:31 Regulation

Injective Affiliate Secures SEC Transfer Agent Registration for Tokenized Securities Push

Injective affiliate wins SEC transfer agent registration Injective said its affiliate Injective Institutional Services has been registered with the SEC as a transfer agent, giving the network a regulated path to maintain ownership records, transfers, distributions and corporate actions for tokenized securities. The move expands Injective’s tokenization push and could help it attract institutions seeking compliant digital securities infrastructure.

04:27 ETF & Funds

Grayscale Updates SEC Filing for Zcash ETF as DCG Considers 200,000 ZEC Purchase

Grayscale amends SEC filing for proposed Zcash ETF Grayscale filed an amended proposal with the SEC to convert its Zcash Trust into an ETF, rename it and list shares on NYSE Arca under the ticker ZCSH. The filing also said DCG International Investments Ltd. is discussing a nonbinding purchase of about 200,000 ZEC through the trust, a position worth nearly $110 million at current prices, though the deal could be smaller or not happen.

04:26 Regulation

CFTC Settles With Caroline Ellison and Gary Wang Over FTX Collapse

CFTC settles with former FTX executives Ellison and Wang The CFTC barred former FTX executives Caroline Ellison and Gary Wang from trading for five years and restricted their ability to work with the agency under settlement deals tied to the exchange’s 2022 collapse. Ellison is banned from CFTC registration for 10 years and Wang for eight years, while the regulator sought no fines or profit repayment, citing their cooperation.

03:41 Security

Binance Says It Helped Block $1.2 Million DAO Treasury Governance Attack

Binance says it helped stop $1.2M DAO treasury attack before execution Binance said on Aug. 18 that its monitoring team detected a malicious governance proposal targeting an unnamed DAO and, with less than 48 hours before execution, warned the project and coordinated with exchanges to close token deposits. The proposal was then voted down, blocking access to about $1.2 million in treasury tokens, while Binance did not name the project or token involved.

23:10 Regulation

Gallego Says CLARITY Act Still Has a Path if Crypto Ethics Deal Is Reached

Gallego says CLARITY Act hinges on White House deal over crypto ethics Sen. Ruben Gallego said the Senate crypto market structure bill can still pass, but only if negotiators reach a White House deal on ethics rules before a Sept. 15 procedural vote. Trump is reviewing a Gallego-Thom Tillis compromise that would bar public officials and their spouses from issuing or sponsoring digital assets and let state attorneys general enforce it — a tougher approach than the July version Democrats said was too weak.

19:56 ETF & Funds

Grayscale updates filing for NYSE Arca-listed Zcash Trust ETF proposal

Grayscale files fourth S-3 amendment for proposed spot Zcash ETF Grayscale filed a fourth amendment to its S-3 for Grayscale Zcash Trust on Aug. 18, advancing plans to convert it into a US spot ETF for NYSE Arca under the ticker ZCSH. If approved, it would be the first US ETF tracking a privacy coin; the filing says the trust would mostly use cash creations and redemptions, allow in-kind creations with ZEC, and bar in-kind redemptions for now. Non-binding talks also envision a DCG affiliate seeding the fund with 200,000 ZEC.

18:55 Regulation

Vietnam Clears Five Firms for Pilot as It Moves Toward Regulated Crypto Exchanges

Vietnam approves 5 firms for first regulated crypto exchange pilot Vietnam has cleared five companies to join a five-year pilot for its first regulated crypto exchanges, with the first platform potentially launching in Q3 2026. The push comes as Vietnam remains on the FATF grey list after missing its May 2025 action-plan deadline; by end-June it had completed just 3 of 17 revised measures. Licensed firms will need at least 10 trillion dong ($381.8 million) in paid-up capital.

17:41 Regulation

X Suspends Crypto Account Network Over Alleged $250,000 Revenue-Sharing Abuse

X suspends crypto account cluster over alleged $250K revenue-sharing scheme X suspended a group of high-volume bitcoin and crypto accounts after Nikita Bier said one person appeared to be running more than 10 profiles that reposted other creators’ content and pulled more than $250,000 from the platform’s revenue-sharing program over the past two years. Accounts named in the cluster include @Vivek4real__, @Bitcoin_Teddy, @BitcoinSapiens, @Kalshibacktest, @polybacktest and @saylordocs, and Bier said the case was being referred to law enforcement.

16:41 Regulation

OCC aims to finalize GENIUS Act stablecoin rules in November

OCC targets November to finalize GENIUS Act stablecoin rules The Office of the Comptroller of the Currency is aiming to complete its GENIUS Act regulations by November after receiving industry feedback on its proposed stablecoin framework, Eleanor Terrett reported on Aug. 19. The rules are set to cover reserves, redemptions, supervision, custody and issuer applications, but the 120-day countdown to implementation would still depend on other regulators issuing their final rules.

16:11 DeFi

Ethena and FalconX Open $1 Billion USDe-Backed Lending Facility

Ethena and FalconX launch $1B USDe-backed institutional lending facility Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to fund overcollateralized loans for institutional borrowers. FalconX will originate and service the loans through a special purpose vehicle, while qualified third-party custodians hold collateral worth more than each loan and Ethena keeps a first-priority security interest over facility assets.

15:26 Court

CFTC Ends Final Fraud Case Against Caroline Ellison and Gary Wang

CFTC closes final fraud case against Ellison and Wang A New York federal court entered supplemental consent orders ending the CFTC’s last fraud case against former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang. Both took five-year trading bans running from December 2022, while Ellison received a 10-year registration ban and Wang an eight-year bar; the CFTC imposed no new fines, restitution, or disgorgement, citing their extensive cooperation and an existing $11.02 billion criminal forfeiture.

14:41 Infrastructure

Gnosis Chain Approves Move to Ethereum-Settled Rollup Model

Gnosis Chain approves shift from L1 to Ethereum-settled rollup Gnosis Chain will move from a standalone Layer 1 to an Ethereum-settled rollup, retiring its independent validator set under a direction approved via GnosisDAO governance. The change would unlock about 350,000 GNO now staked in validators and end the treasury-funded staking subsidy, while keeping xDAI as gas and preserving addresses, balances and contract state without migration. Gnosis Ltd will initially run a centralized composer.

13:56 Companies

Zhibao Technology Completes $154.7M Bitcoin-Funded Private Placement

Zhibao Technology closes $154.7M Bitcoin-funded private placement Nasdaq-listed Zhibao Technology said non-U.S. investors funded a $154.7 million private placement by transferring 2,380 BTC directly to the company wallet, valued at a July 30 reference price of $65,000 per coin. In return, investors received 442 million units at $0.35 each, combining a Class A ordinary share and a two-year warrant, with about 396 million units issued at closing and the rest pending shareholder approval.

12:41 Stablecoins

China Expands e-CNY Operator Network to 30 Banks After Latest Additions

China expands e-CNY operator network to 30 banks China added eight more banks to its e-CNY operator network this week, including Bank of Shanghai and Bank of Hangzhou, after previously adding 12 in April, taking the total to 30 from 10 at the start of the year. The new participants have connected to the central system and will launch services after operational and technical work, extending the PBOC’s push to broaden commercial-bank distribution of the digital yuan.