How Did The More Markets Exploit Drain WFLOW? Decentralized lending protocol More Markets is investigating a suspected exploit on Flow EVM after blockchain security firm Blockaid identified approximately 15.5 million Wrapped Flow tokens leaving one of the protocol’s lending reserves.Blockaid estimated the initial impact at roughly $9.3 million and said the attacker used an Ankr
KuCoin has added FinChain Dollar to its off-exchange collateral system, allowing eligible institutions to use the token’s mapped value to support trading without first transferring it to the exchange. The companies said in their partnership announcement that FUSD will join the real-world assets supported by KuCoin’s RWA Collateral Mirroring Solution.The arrangement separates custody from execution.
The Digital Asset Market Clarity Act will face its most consequential Senate test yet on September 15, when lawmakers are scheduled to vote on whether to invoke cloture on the motion to proceed to H.R. 3633.Senate Majority Leader John Thune filed the cloture motion shortly before Congress left Washington for its August recess. According to the
Cronos validators halted the blockchain on August 30 after an exploit targeting lending protocol Tectonic affected an estimated $75 million in assets, marking one of the largest decentralized-finance security incidents of 2026. Tectonic acknowledged the incident and instructed users not to interact with the protocol while its team investigates.The approximately $75 million figure remains preliminary. Neither
European Central Bank Executive Board member Isabel Schnabel has called for central banks to move their own money onto distributed ledgers, arguing that blockchain and smart contracts could fundamentally modernise monetary-policy implementation and financial-market settlement. Speaking at the Jackson Hole Economic Policy Symposium on August 28, Schnabel said central banks should “go on-chain” as tokenisation
Vietnam will bring a new cryptocurrency enforcement regime into effect on September 1, establishing fines for unlicensed exchanges, improper token issuance and compliance failures as the country moves toward launching its first formally regulated digital-asset trading platforms. Decree No. 284/2026/ND-CP, issued by the government on July 16, creates administrative penalties supporting Vietnam’s five-year crypto asset
Russia’s largest bank, Sberbank, plans to accept Bitcoin, Ether and Tether’s USDT as collateral for conventional loans as the country moves cryptocurrency trading and custody into a regulated financial-market framework. Anatoly Popov, deputy chairman of Sberbank’s management board, disclosed the plans in an August 28 interview with Russian state news agency TASS ahead of the
Binance co-founder Changpeng “CZ” Zhao believes Bitcoin could surpass gold in market value during the next major cryptocurrency bull cycle, making one of his strongest predictions yet about Bitcoin’s eventual role as a global reserve asset. Speaking at Bitcoin Asia 2026 in Hong Kong on August 27, Zhao said he expects Bitcoin to become more
Why Did The Trump Digital GOLD Token Collapse? Real Trump Coins has denied launching or authorizing the Trump Digital GOLD token after the Solana-based cryptocurrency was promoted through its online presence and then collapsed following heavy selling by wallets linked to the launch.The Real Trump Coins X account promoted GOLD on Saturday and directed users
How Did The Rain Solana Card Exploit Affect Tria Users? Crypto finance platform Tria has reimbursed 636 users who lost a combined $431,945 from card balances after a vulnerability in card issuer Rain’s Solana infrastructure allowed unauthorized withdrawals.Tria said every affected customer received a full refund plus an additional 10%. If applied directly to the