Blockchain News page 46

The platform says the impact was limited to its own funds, not customer holdings, following the disruption. HumidiFi, a trading platform operating on the Solana blockchain, halted trading activity following what it described as an internal network incident. The disruption affected funds held on the platform, prompting an immediate suspension of trading operations.

The startup's chief executive says booming trading volumes without matching back-office infrastructure echo Wall Street's 1960s settlement breakdown. The chief executive of Fairmint has drawn a direct line between today's tokenized stock market and a decades-old Wall Street breakdown.

The Base lead calls community complaints about Coinbase's ether sales 'badly misplaced' Jesse Pollak, the executive who oversees Coinbase's Base network, has stepped in to defend the exchange against a wave of community criticism. The complaints centered on Coinbase's handling of its ether holdings, including reported sales of the asset.

Brian Armstrong says clear digital asset rules would shield consumers and limit government overreach. Brian Armstrong, chief executive of Coinbase, has publicly endorsed the CLARITY Act. He said the bill's clear rules would protect consumers more effectively than the current patchwork of regulatory guidance.

Reports point to a policy push moving Korea's crypto market beyond retail-driven price gaps toward corporate participation. South Korea is reportedly moving to expand crypto market access to approximately 3,500 companies, according to crypto.news.

The metaverse project says the incident has been controlled after unauthorized tokens appeared on two chains. The Sandbox, the blockchain-based virtual world platform, has confirmed that it contained a bridge exploit affecting its native SAND token.

Prime Minister Mark Carney orders matching levies after Washington's steep tariff hike targets Canadian exports. The United States has imposed a 50% tariff on approximately $20 billion worth of Canadian goods, according to reports from Japan Today and Cryptopolitan. The move marks a sharp escalation in trade relations between the two countries.

Treasury's new deadline on offshore stablecoin access to US customers adds urgency to industry preparations. Telcoin's president has told crypto.news that stablecoin issuers face a significant operational test before 2027. The statement comes as US regulators sharpen their focus on how digital dollar tokens are issued, backed, and distributed.

Metaverse platform The Sandbox is investigating an incident that saw an unauthorized batch of its SAND token created on Coinbase's Base network. The Sandbox, a blockchain-based virtual world platform known for its SAND token and NFT land parcels, is dealing with a reported security breach.

Institutional buying lifted spot Bitcoin funds even as broader crypto ETF flow figures diverged across reports Bitcoin exchange-traded funds pulled in $606 million as the underlying asset's price rose above $72,000, CoinTurk News reported.

Two CryptoBriefing reports on FOMO's climb past Cash App disagree on whether the app is multi-chain or built specifically on Solana. Two CryptoBriefing reports on FOMO's climb past Cash App disagree on whether the app is multi-chain or built specifically on Solana.

South Korea's Shinhan Asset Management will pilot a won-denominated bond fund built on the Solana blockchain. Shinhan Asset Management, part of South Korea's Shinhan Financial Group, has entered a partnership to test tokenized fund issuance on the Solana blockchain.

crypto.news and Coinfomania both report roughly 81,000 HMRC crypto tax warning letters for 2025/26, but they disagree on which figure represents the 'previous year' and therefore on the reported growth rate. crypto.news and Coinfomania both report roughly 81,000 HMRC crypto tax warning letters for 2025/26, but they disagree on which figure represents the 'previous year'…

The asset manager's updated filing signals progress toward listing a spot Zcash exchange-traded fund in the United States. Grayscale has taken another step toward bringing a Zcash exchange-traded fund to U.S. investors. The firm submitted an amended filing to the Securities and Exchange Commission, according to reports from The Block and CryptoBriefing.

Coinkite says the new firmware improves how Coldcard devices create seed phrases, but warns older phrases should not be considered safe. Coinkite has issued a firmware update for its Coldcard hardware wallet designed to improve the process of generating seed phrases.

A regulatory boost from Washington and a Treasury buyback move helped push bitcoin past $79,000, according to reports from CoinTurk News and Decrypt. Bitcoin traded above $79,000 this week, according to reports from CoinTurk News and Decrypt.

Blue-chip index posts a strong single-session gain, signaling renewed willingness to take on risk across markets. The Dow Jones Industrial Average finished the trading session more than 500 points higher, CryptoBriefing reported. The gain marks a notable single-day advance for the blue-chip index, which tracks 30 large, established U.S. companies.

New reporting says the exchange is onboarding European customers even though it has not secured full authorization under the bloc's crypto rulebook. Binance has continued to onboard new users in the European Union even though it missed a deadline to obtain full licensing under the bloc's Markets in Crypto-Assets regulation, according to reporting from crypto.news…