The Blockchain Association has submitted formal feedback to U.S. federal companies concerning proposed buyer identification necessities for permitted cost stablecoin issuers beneath the GENIUS Act. In an August 21 letter addressed to the Treasury’s Financial Crimes Enforcement Network, the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC, and the National Credit…
On-chain fixed-rate lending protocol Term Finance stated it completely shut down its Meta Vaults after a governance exploit, ending new deposits whereas leaving withdrawals open. Term Labs stated it additionally revoked the vaults’ DAO governance roles. Blockchain safety agency PeckShield individually estimated that the attacker removed about 2,843 ETH price $6.87 million and 1.68 million…
Ledger customers ought to replace the Ethereum app to model 1.22.2 after official code adjustments confirmed that a malicious dApp or different linked host could begin a second signing command whereas a transaction was nonetheless underneath overview. In the trail described by safety firm TestMachine, urgent approve could return a signature for substituted information as…
A newly merged Ethereum proposal would retire the community’s 512-validator sync committee, take away its rewards, and make the present Altair light-client interface out of date by changing it with offchain zero-knowledge proofs. The Draft EIP-8390 estimates that deleting the committee’s reward weight would cut back annual consensus issuance by roughly 33,800 ETH. Ethereum would…
Reported losses from deepfake scams in 2026 have already exceeded final 12 months’s complete by 263%, in accordance to TRM Labs, highlighting a rising crypto safety downside through which attackers more and more manipulate approved customers fairly than break blockchain code. The blockchain intelligence agency’s new AI-in-Crime Adoption Index classifies scams as the one crypto-crime…
Fidelity’s FETH and FSOL staking plans give its Ethereum and Solana exchange-traded merchandise authority to stake up to 100% of their crypto below regular circumstances, while pairing that ceiling with a layered plan for assembly redemptions when community exits take too lengthy. The matching framework seems in Aug. 21 prospectuses for the Fidelity Ethereum Fund,…
NoOnes has entered withdrawal-only mode weeks after telling customers that an EU sanctions itemizing named a separate firm and didn’t have an effect on the platform or its operator. The crypto platform strongly recommended that clients take away their full balances no later than Sunday, Aug. 23. That date was, nevertheless, not a said platform…
Solana’s dwell monetary-policy vote is forcing the community to confront a primary governance query: what occurs when the validator setting a default vote for delegated stake has a disclosed curiosity in preserving staking yield? Solana Company gives the clearest check case. The Nasdaq-listed SOL treasury firm and validator operator announced on Aug. 21 that it…
A current Zilliqa Ledger bug uncovered at the very least 6,772 accounts, in accordance to the autopsy, and enabled the theft of 683,130,969.66 ZIL throughout 66 profitable attack-window transactions. The disclosure turned an earlier unquantified safety flaw right into a measured loss and publicity document whereas, as of the identical date, legacy transactions remained paused…
BounceBit will retire its standalone Layer 1 and reissue BB on BNB Chain after the corporate mentioned an authorization flaw moved about 286.5 million BB from 9 accounts. For holders, the fast treatment is a 1:1 reconstruction of balances. The bigger consequence is unresolved BounceBit token utility: its earlier gasoline, staking, rewards and governance roles…