Blockchain News page 7

A Gulf investment group tied to a $500 million World Liberty commitment has acquired a near-majority stake in a new crypto banking venture connected to the Trump family, the Wall Street Journal reports.

A Ripple lawyer argues that passing digital asset market structure legislation would encourage companies to hire and build in the United States. A Ripple lawyer has argued that the CLARITY Act, a pending digital asset market structure bill, could help create more jobs in the United States.

Crypto.com-linked network's validators paused the chain following an attack on its largest lending platform. The Cronos blockchain stopped processing transactions on August 30 after an apparent attack on Tectonic, its largest lending protocol. Validators moved to halt the chain in what several reports describe as an emergency measure.

The Austin and Kyoto upgrades quietly patched issues on Polygon's PoS network ahead of public disclosure. Polygon Labs addressed a set of security flaws on its proof-of-stake network through two separate hard forks. The upgrades, called Austin and Kyoto, resolved issues tied to validator operations.

Cronos operators paused the blockchain after attackers hit lending protocol Tectonic in what some observers compare to the 2022 Mango Markets attack. The Cronos blockchain suspended operations on August 31 following a security incident involving Tectonic, a lending protocol built on the network.

Russia's largest bank says a new legal market limited to Bitcoin, Ether and USDT could handle tens of billions in trading within twelve months Sberbank has projected that Russia's first year of regulated cryptocurrency trading could reach $46 billion in volume.

Reported improvements to shielded transaction processing could sharply cut the wait for private Zcash transfers Zcash is a cryptocurrency built around optional privacy, letting users shield the sender, receiver, and amount of a transaction using zero-knowledge proofs. That privacy has historically come with a cost in speed.

The trading platform's blockchain generated $2.66 million in daily app revenue, edging out two established networks. Robinhood Chain generated $2.66 million in app revenue over a single 24-hour period, according to data cited by multiple outlets covering the crypto sector.

The exchange's blockchain network processed 5.5 million transactions in a single day, its busiest since launch. Robinhood Chain logged its highest single-day activity since launch on August 31, 2026. The network processed $874.8 million in decentralized exchange volume within 24 hours. It also handled 5.5 million transactions over the same period, according to Cryptopolitan.

Paolo Ardoino pushes back against the Bank for International Settlements as it raises concerns about stablecoin risks. Tether CEO Paolo Ardoino has publicly criticized the Bank for International Settlements over its push for tokenized bank deposits. The comments were reported separately by Bitcoin.com News and crypto.news on August 31, 2026.

Legislative delays on U.S. crypto market structure coincide with a pullback in spot Bitcoin ETF performance. The CLARITY Act, a legislative effort meant to define regulatory oversight of digital assets in the United States, appears to be stalling. Reports from Cryptonews.com and Yahoo Finance both point to slower progress on the bill.

BeInCrypto and Yahoo Finance report a Bitcoin hard fork is scheduled for September 1, prompting questions about what changes for holders. BeInCrypto and Yahoo Finance both reported on August 31 that Bitcoin holders face a hard fork scheduled for September 1.

Security firm Blockaid identified the drain of a lending reserve tied to wrapped FLOW tokens on the Flow EVM network. More Markets, a decentralized lending protocol operating on Flow EVM, suffered a $9.3 million exploit targeting one of its lending reserves.

The Monetary Authority of Singapore has committed fresh funding to support fintech innovation, though reports differ on the exact size of the package. The Monetary Authority of Singapore has announced a new funding commitment aimed at supporting fintech innovation in the city-state. Fintech News Singapore reported the figure as S$220 million.

Stablecoin issuer Circle becomes Chelsea Football Club's principal partner, putting USDC front and center on the team's kit. Circle has agreed to a principal partnership with Chelsea Football Club, according to reports from CryptoPotato and crypto.news. As part of the arrangement, the USDC brand will appear on the front of Chelsea's match shirts.

The Japanese firm's 1,350 BTC transfer to an exchange-linked custody address has drawn scrutiny from market watchers Metaplanet has shifted 1,350 bitcoin, valued at approximately $108 million, to Coinbase Prime, according to reports from CoinGape and Cryptopolitan.

The move follows a major breach and reflects growing pressure to track digital asset flows tied to fraud Brazil's central bank is moving to establish a monitoring system for cryptocurrency transactions. The plan follows a cyberattack that reportedly caused around $180 million in losses, according to crypto.news.

The best-supported overnight story is a custody firm buying a trading desk, not a new platform launch, and the publisher counts say so. The best-supported overnight story is a custody firm buying a trading desk, not a new platform launch, and the publisher counts say so.