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Bottomline integrates Chainlink to provide blockchain settlement for over 600 banks, processing over $16 trillion in payments annually

Odaily News: SWIFT service provider Bottomline has announced a partnership with blockchain infrastructure project Chainlink to bring blockchain-based cross-border settlement to more than 600 bank clients in its network. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 businesses.Through this integration, banks can continue to send payment instructions using the ISO 20022 standard, with Chainlink's infrastructure connecting those instructions to blockchain settlement. Chainlink's Cross-Chain Interoperability Protocol (CCIP) enables tokenized value to move across different blockchain networks, while the Chainlink Runtime Environment (CRE) coordinates payment flows, transaction routing, and operational changes.CCIP has been recording mainnet activity since July 2023 and is now connected to over 60 blockchain networks. Chainlink's Project Pangea has reached more than 50 banking institutions across Europe and South Korea, with participating entities collectively managing over $10 trillion in assets. The project's goals include achieving T+0 settlement for foreign exchange transactions. (Bitcoin.com News)

Echo Base Forms BitMart Creditors' Committee to Recover Frozen Assets

Odaily News - Echo Base, an institution focused on stable digital asset companies, assisted in forming the BitMart Creditors' Committee on September 2 to represent users holding frozen assets, and has retained legal counsel to evaluate recovery options, including filing for unfunded bankruptcy proceedings.On August 6, Echo Base proposed a funding package of up to $10 million to support BitMart in filing a pre-negotiated bankruptcy application, but received no response from BitMart. Echo Base stated that its actions stem from BitMart's failure to respond to the restructuring proposal and users' withdrawal requests.Sonn Law Group has launched an investigation into users with frozen assets of $500,000 or more on BitMart, assessing potential claims and asset recovery options. Echo Base CEO Roshan Dharia stated that BitMart's employee plan can only sustain operations until January 2027, and the longer the delay, the fewer viable options remain. (Bitcoin.com News)

G20 Supports Clear Regulatory Pathways for Digital Assets, Urges Stronger AML Enforcement for Virtual Assets

Odaily News: The G20 Finance Ministers and Central Bank Governors convened from August 31 to September 1 in Asheville, United States, and voiced support for establishing clearer regulatory pathways for digital asset growth, placing digital assets on the agenda for the U.S. presidency term of 2026.The G20 stated that digital financial innovation can support broad-based economic growth, with the private sector playing a key role in driving related innovation. The meeting also highlighted global stablecoins, cross-border payments, and extended operating hours for large-value payment systems as key topics, while endorsing the adoption of the ISO 20022 data standard.The G20 called on the Financial Action Task Force (FATF) to prioritize jurisdictions with significant virtual asset activity, strengthening the enforcement of anti-money laundering (AML) standards. As of July, among the 149 jurisdictions assessed by the FATF, only 1 fully complied with the relevant standards, 34% were largely compliant, 43% were partially compliant, and 22% were non-compliant. (Bitcoin.com News)

Strategy opposes MSCI's proposed index screening, may be removed from the Global Investable Market Index

Bitcoin treasury company Strategy Inc. requested MSCI on August 31 to withdraw the eligibility test that could result in its removal from the Global Investable Market Index (GIMI). Executive Chairman Michael Saylor and CEO Phong Le stated that the methodology is discriminatory, arbitrary, and misguided.MSCI proposes a two-stage screening process, where companies with operating assets exceeding 50% of total assets may retain their eligibility. Those that fail this test may be disqualified if they trigger at least four of five financial indicators. Simulations show that Strategy, Metaplanet, and Yellow Cake may be removed from the index, with Strategy involving a market capitalization of approximately $23.93 billion.Strategy stated that neither U.S. GAAP nor IFRS distinguishes between operating and non-operating assets in the manner proposed by MSCI, and it lists its bitcoin treasury business as a separate operating segment. The company also has approximately 1,500 employees, a software business with annual revenue nearing $500 million, and issues bitcoin-backed credit instruments. The MSCI consultation will end on September 30, with a decision expected to be announced on October 16. (Bitcoin.com News)

Vietnam Launches Crypto Asset Pilot Framework, Global Tokenized Asset Market Projected to Exceed $14 Trillion by 2030

: The Vietnamese government issued a resolution in September 2025, launching a national pilot framework for crypto assets. Under the framework, crypto assets issued within the country must be backed by real-world assets, excluding securities and fiat currencies, and will initially be open only to foreign investors.Boston Consulting Group projects that the global market for tokenized real-world assets could surpass $14 trillion by 2030. Vietnam's State Securities Commission stated that five companies have passed the preliminary assessment for establishing exchanges, with final approval subject to meeting Level 4 information system security standards and maintaining registered capital of approximately $383 million.The Vietnamese government issued a decree on July 16, imposing fines ranging from approximately $1,150 to $1,918 for violations in the crypto asset market, with the decree set to take effect on September 1. Domestic investors will not be immediately penalized for trading on unlicensed platforms; the requirement that they may only trade through licensed institutions will come into effect six months after the Ministry of Finance issues its first exchange license. (Bitcoin.com News)

BIP-110 minority chain restarts, switching to Blake2b and reducing block size to 300 KB

Odaily News: The BIP-110 community restarted the stalled minority fork chain this weekend, which had stalled on August 8. The chain has mined over 800 blocks. Blockchain developer Luke Dashjr switched the proof-of-work algorithm from SHA-256d to Blake2b and reduced the block size to 300 KB.The BIP-110 minority chain forked at Bitcoin block height 961,632, then stalled; at height 961,640, Silent Wave mined a block under the new Blake2b consensus rules. The project is expected to release new software on September 1.The fork chain's asset has not been listed on any centralized exchange, and CoinGecko and CoinMarketCap have not displayed its token code either. BIP-110 developer Chris Guida stated that the chain does not use centralized KYC exchanges, advocating for the acquisition and use of Bitcoin through the trading of goods and services. (Bitcoin.com News)

Zano's sixth hard fork goes live, native ZANO enables non-custodial cross-chain transfers to Ethereum, Solana, and TON

Privacy-focused public chain Zano activated its sixth hard fork (HF6) at block height 3,833,000 on August 31. The upgrade is now live on the mainnet, marking the largest upgrade in the network's seven-year history.HF6 introduces Gateway Addresses, providing centralized exchanges, DEXs, and cross-chain bridges with directly trackable single balances and instant synchronization, while preserving existing addresses and their privacy model. Native ZANO can now be transferred non-custodially across chains to Ethereum, Solana, and TON, where it becomes public on external networks, and privacy protection is restored upon transferring back to Zano.The upgrade also tightens consensus validation rules and enhances wallet encryption, mining pool fault tolerance, payment IDs, anti-DoS restrictions, SOCKS5 proxy, and RPC interfaces.HF6 is a prerequisite for the EVM-compatible chain Zano Execution Layer, which is currently in development and has no fixed launch date yet; the next-generation consensus protocol Zenith has been included in the 2027 roadmap. (Bitcoin.com News)

Fomo enters top five in U.S. finance apps, surpassing Cash App and Kalshi

Odaily News: Fomo, a social crypto trading app built for Robinhood Chain and other networks, entered the top five finance apps in the U.S. on August 21, briefly climbing to No. 3 and surpassing Cash App and prediction market Kalshi. It currently ranks in the top 15.Founded by Paul Erlanger and Se Yong Park, Fomo launched its public beta in May 2025. In November 2025, it completed a $17 million Series A round led by Benchmark, with participation from 140 angel investors; this was followed by a $75 million Series B round, bringing total disclosed equity funding to approximately $94 million.Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of people they follow, track leaderboards, and copy trading signals, with instant deposits funded via Apple Pay. Its cumulative installs on Google Play have surpassed 1 million, with over 600,000 users and more than $4 billion in trading volume. (Bitcoin.com News)

Ireland's New State-Supported Investment Scheme Excludes Crypto Assets

Odaily News - Ireland's Deputy Prime Minister and Minister for Finance, Simon Harris, has announced that the new state-supported savings and investment scheme will exclude crypto assets and derivatives. The initiative aims to encourage residents to channel bank deposits into traditional capital markets, with Irish household bank deposits standing at approximately $197 billion, and cash accounting for around 38% of financial assets.The scheme is open to tax-resident individuals aged 18 and over, allowing them to hold exchange-traded funds, listed company shares, and corporate bonds under a simplified tax regime, replacing the 33% capital gains tax and 41% fund exit tax with a fixed annual fee above the tax-free threshold. Specific operational details are expected to be published in October, with accounts slated to launch in 2027.Ireland's Department of Finance has issued a national anti-money laundering strategy running through 2030. Under the new rules, starting in 2027, regulated service providers must verify ownership of external wallets when processing transfers exceeding $1,150 from non-custodial wallets, and use automated controls to identify transfers with incomplete transaction information. (Bitcoin.com News)

Tether CEO Questions BIS Push for Tokenized Bank Deposits, Says Stablecoins Are Almost Fully Backed by U.S. Treasuries

Odaily News: Stablecoin issuer Tether CEO Paolo Ardoino stated that stablecoins are a more credible form of money than tokenized bank deposits, as the former is almost fully backed by U.S. Treasuries, while the latter typically has only 10% liquid asset backing.Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), said stablecoins raise concerns regarding redemption capacity, supply, interoperability, and their potential to facilitate criminal activity, adding that tokenized bank deposits represent a more direct path to preserving the foundations of the monetary system while leveraging tokenization.Ardoino noted that USDT's market capitalization has surpassed $183 billion and is used in some emerging markets for domestic and cross-border commerce. In discussions surrounding the CLARITY Act, banks have expressed concerns that allowing crypto exchanges to offer incentives on stablecoins could trigger deposit outflows. (Bitcoin.com News)

Approximately 67 million Americans hold cryptocurrency, with California ranking first at about 9.5 million holders

Odaily News: The National Cryptocurrency Association (NCA), a U.S. nonprofit crypto education organization, has released an interactive map estimating that approximately 67 million Americans hold cryptocurrency, covering all 50 states, Washington, D.C., and all 435 congressional districts of the 119th Congress.Among state-level holder counts, California leads with about 9.5 million, followed by Texas at 5.94 million, Florida at 4.71 million, New York at 4.66 million, and Illinois at 2.64 million. The figures are model estimates, not verified holder counts.Another analysis commissioned by the NCA and conducted by Pragmatic Policy Group shows that the crypto industry supports 231,800 jobs in the U.S., generating $55.4 billion in economic activity and $30.8 billion in worker income, including approximately 34,000 direct jobs. (Bitcoin.com News)

UK First Crypto Tax Report Shows 240 Individuals Declared £717 Million in Capital Gains

Odaily News - The UK government has released its first official statistics on taxable crypto asset gains, with 240 individuals each declaring over £1 million in capital gains for the 2024-25 tax year, totaling £717 million—accounting for more than half of the £1.38 billion declared by 17,600 individuals.HM Revenue & Customs (HMRC) stated that 17,600 individuals declared £13.8 billion in proceeds from crypto asset disposals and £1.38 billion in taxable gains, averaging approximately £78,000 per person. Of these, around 87% were male and 13% female. Selling, exchanging, spending tokens, or gifting assets to others may all trigger tax obligations.HMRC has issued 81,000 crypto tax letters over the past 12 months, a 25% increase from approximately 65,000, and nearly three times the 27,714 letters issued in the 2023-24 tax year. James Murray, Financial Secretary to the Treasury and Paymaster General, stated that gains from crypto assets are subject to tax just like other gains.The UK plans to adjust tax treatment for certain DeFi transactions starting April 6, 2027, with related lending and liquidity pool transactions typically deferring capital gains tax until an economic disposal occurs. This is expected to affect around 700,000 people. HMRC estimates that its crypto tax compliance and education campaigns have generated an additional £168 million in capital gains tax revenue in 2024-25. (Bitcoin.com News)

ECB Executive Board Member Isabel Schnabel: Central Bank Money Must Be on the Blockchain

Odaily News: Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), stated at the Jackson Hole Economic Policy Symposium that central bank reserves remain superior to stablecoins as the ultimate settlement asset, and that the ECB must place central bank reserves on the blockchain. She noted that stablecoins lack the independent capacity to rapidly expand liquidity during periods of financial stress.Schnabel stated that tokenization can make financial transactions faster, safer, and programmable, but only if central bank money operates on the same infrastructure as other tokenized assets. The ECB's Project Pontes is scheduled to launch in September 2026, initially connecting TARGET services with DLT platforms operated by market participants.Project Pontes will subsequently support direct settlement on DLT platforms operating within the Eurosystem, gradually incorporating smart contract functionality and 24/7 operation. Project Appia, meanwhile, is responsible for developing the long-term architecture, technical standards, and legal framework for the European tokenized asset market, with a complete blueprint expected by 2028. (Bitcoin.com News)

JaredfromSubway.eth sandwich attack bot has extracted $295 million in total, with $7.5 million stolen in June

Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)

Zcash Rises About 19x Over the Past Year, Grayscale Says It Remains Undervalued

Odaily News: Privacy-focused cryptocurrency Zcash has risen about 19 times over the past year, yet its market cap remains less than 1% of Bitcoin's. Digital asset management firm Grayscale stated that financial privacy, cybersecurity development, and cross-chain connectivity capabilities could drive Zcash to further expand its market share.As of August 29, Bitcoin's market cap stood at $1.56 trillion, while Zcash's market cap was $13.74 billion—approximately 0.88% of Bitcoin's, with Bitcoin's market cap being roughly 114 times larger. Grayscale estimates that if ZEC were to reach 2%, 5%, and 10% of Bitcoin's market cap, the corresponding prices would be $1,622, $4,054, and $8,109, respectively. These scenarios are not price predictions.On August 25, Grayscale's Zcash ETF began trading on NYSE Arca under the ticker ZCSH, moving from OTCQX to NYSE Arca, providing investors with exposure to spot ZEC without needing to directly purchase tokens or manage wallets and private keys.Zcash utilizes a proof-of-work consensus mechanism with a fixed supply of 21 million coins, and supports the concealment of transaction details through zero-knowledge proofs. Its intents technology can coordinate cross-chain transactions based on user goals, such as converting other digital assets into ZEC. (Bitcoin.com News)

Refi Hub Co-founder Hit by Malicious Claude Link Attack, Contaminated Skill File Attempts to Steal Credentials

Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)

Starkware completes quantum-resistant transaction on Bitcoin mainnet without soft fork

: Blockchain technology company Starkware stated that on August 26, a transaction using researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) scheme was mined on the Bitcoin mainnet, without requiring a soft fork, hard fork, or modification of consensus rules.The transaction consumed 10,000 sats and was processed through MARA Foundation's Slipstream service, as the non-standard format typically cannot propagate through Bitcoin's public mempool. The test consumed several hours of GPU computation, costing approximately $150 to $200.QSB employs hash-based quantum-resistant spending conditions and reduces quantum attack risks through signature trial mining, but still requires users to proactively migrate funds and cannot protect assets whose public keys have already been exposed. Starkware CEO Eli Ben-Sasson still supports introducing a protocol-level solution via a soft fork. (Bitcoin.com News)

$580 Billion: Dallas Fed Researchers Warn Tokenized Deposits Could Weaken Banks' Maturity Transformation Capacity

Odaily News: Researchers at the Federal Reserve Bank of Dallas (Dallas Fed) have stated that tokenized deposits and round-the-clock instant blockchain transfers could weaken bank liquidity and limit their ability to issue long-term loans. The research was authored by Rosie Levy and Srini Ramaswamy.The study notes that of the $7 trillion in maturity risk borne by U.S. banks, approximately 80% is supported by the maturity characteristics of traditional deposits. If the weighted average maturity of deposits shortened by 10%, the banking system's maturity transformation capacity would decline by roughly $580 billion, potentially increasing liquidity risks and outflows pressure.Chris Turner, co-founder of Kula, stated that the speed of token transfers does not equate to the legal settlement of underlying financial claims. Tokens can be moved across blockchain networks in seconds, but payments, ownership, and legal claims still rely on banks, custodians, clearing systems, and regulatory registries to complete settlement. (Bitcoin.com News)

Polymarket Withdraws NFL Player Participation Contracts, Certifies Bitcoin, Ethereum, and Solana Price Contracts on the Same Day

Odaily News: Prediction market platform Polymarket US withdrew two NFL player participation contract filings on August 26. The platform had completed certification with the U.S. Commodity Futures Trading Commission (CFTC) the previous day and planned to launch the related products no earlier than August 27.On the same day, Polymarket US certified Bitcoin, Ethereum, and Solana price contracts. All three contract types were submitted in paired form and classified as swaps under the binary options subcategory. Both the NFL contracts and the cryptocurrency contracts fall under the relevant classification.Polymarket US separately filed a confidential treatment request for the NFL compliance analysis documents, seeking permanent non-disclosure on the grounds that public release would reveal trade secrets and give competitors an unfair advantage. As of the time of record, another NFL American football starting eligibility contract remained in certified status. (Bitcoin.com News)

Rockawayx Acquires Relayer Capital, Adding Long/Short Strategy with ~70% Returns Since 2026

Odaily News: Digital asset investment platform Rockawayx has acquired digital asset hedge fund Relayer Capital, incorporating its directional long/short strategy into its approximately $2 billion investment platform. Relayer Capital founder Austin Barack will continue to oversee the strategy and assume the role of Chief Investment Officer of the newly renamed Rockawayx Liquid Opportunities Fund.Rockawayx CEO Viktor Fischer stated that the fund will invest in highly liquid crypto tokens and digital asset-related equities, with a focus on identifying assets that are mispriced relative to their business fundamentals, market position, or growth prospects. The fund is currently open to new external investors.Rockawayx disclosed that the strategy's estimated net return from the start of 2026 through August 21 stands at approximately 70%, outperforming a weighted portfolio of Bitcoin, Ethereum, and Solana by 86 percentage points. Major contributing positions include Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash, with investment themes centered on AI and tokenized real-world asset markets.The acquisition adds a directional liquid strategy to Rockawayx's venture capital and market-neutral businesses. Rockawayx also operates infrastructure and onchain liquidity divisions, noting that these capabilities support its team in identifying blockchain market opportunities across stages—from early-stage funding and token issuance to public market trading. (Bitcoin.com News)