News linked to both this project and an event.
Odaily News: The nonprofit organization Ethereum Institutional posted on X expressing support for the Ethereum block time reduction proposal EIP-8198 ("Quick Slots") put forward by Ethlabs, stating that as more institutional activity migrates on-chain, it is necessary to improve Ethereum's speed. The proposal plans to initially reduce Ethereum's block time from the current 12 seconds to 10 seconds. Ethlabs previously stated that 20 DeFi founders have publicly supported the proposal, and it is merging its specifications with the Ethereum main codebase to push for its inclusion in the subsequent upgrade Hegotá. (Cointelegraph)
Odaily reports: Haseeb Qureshi, managing partner at crypto-focused venture capital firm Dragonfly, has proposed that under current rules, the Zcash development fund should cease operations after its expiration in 2028.Qureshi wrote: "I think this should be the last development fund." He stated that the current fund size is already sufficient to support Zcash's remaining development work, and as the fund's value approaches $100 million, it may face "politicization" risks in the future. According to ZecStats data, as of press time, the Zcash development fund holds 63,962 ZEC, worth approximately $95 million.These remarks come amid ongoing industry discussions about the growing size of the development fund. The previous rise in ZEC's price drove a significant increase in the fund's value. Some also argue that Zcash should continue to maintain the development fund. Paradigm founder Matt Huang said on Wednesday that against the backdrop of improving AI network attack capabilities and the rapid development of quantum computing, the fund is particularly important.
Odaily reports: The Zcash development team plans to activate the NU7 mainnet upgrade on November 5, after various organizations and engineering teams reached consensus on the upgrade content and expected timeline. Zcash developer Sean Bowe stated that the upgrade will activate on testnet on October 6.The team plans to evaluate NU7 testnet performance on October 20 before finalizing the mainnet upgrade and activation block height. The upgrade aims to reduce the target block interval from 75 seconds to 25 seconds, deprecate version 4 transactions, and integrate a network sustainability mechanism.The chosen network sustainability mechanism will preserve the Zcash halving cycle, with previously removed supply to be reintroduced starting February 2031. NU7 does not introduce new transaction formats and has limited impact on wallets, but full nodes, indexers, and block explorers may need adjustments. (Cointelegraph)
Odaily reports: Anchorage Digital Bank, the first federally chartered crypto bank in the United States, has added custody support for Etherlink and 7 assets on its network, including xU3O8, a token representing ownership of physical uranium.The other supported assets include WXTZ, liquid staking token stXTZ, USDT, USDC, USDSM, and WETH. Institutional clients can custody assets issued on Etherlink, a Tezos Layer 2 network, through the bank's segregated accounts. (Cointelegraph)
According to Cointelegraph, Binance officially launched its ETF wealth management service on September 15, initially offering 11 exchange-traded funds (ETFs) that primarily invest in short-term U.S. Treasury bonds and investment-grade bonds.
Odaily News: Solana has increased the maximum size of a single transaction from 1232 bytes to 4096 bytes. The upgrade went live on the mainnet on Tuesday at approximately 1:00 UTC, at the start of epoch 1035.The upgrade introduces the v1 transaction format and maintains full backward compatibility with legacy transactions. Existing applications and wallet providers can continue using the original format, while protocols that need to leverage the increased capacity must upgrade to v1 transactions.The Solana Foundation stated that the capacity increase will support more complex operations within a single transaction, such as zero-knowledge proofs, multisig transactions, and new on-chain signing schemes. (Cointelegraph)
According to Cointelegraph citing Politico, Senate Democrats involved in negotiations over U.S. crypto market structure legislation are preparing to submit a counterproposal to the latest revised CLARITY Act introduced by Republicans. When Republican lawmakers released the new draft on Sunday, they described it as the "last, best, and final offer" to Democrats, but some Democrats remain unwilling to accept the current version.
Senate Democrats involved in negotiations over the CLARITY Act are preparing to file a counterproposal in response to the latest revised text from Republicans. Republicans had previously described the version released on Sunday as their "last, best, and final offer" to Democrats.Some Democrats remain dissatisfied with the crypto asset ethics provisions in the latest text. Senator Mark Warner said that Democrats who have been involved in the negotiations are putting forward a counterproposal. The proposal will be introduced before a key procedural vote on Tuesday, which will determine whether the CLARITY Act can advance to full Senate consideration. (Cointelegraph)
North Korea is using remote IT workers from third countries such as Iran and Lebanon to infiltrate US companies in order to obtain funding to support its weapons programs. After the relevant individuals pass interviews, their positions are usually taken over by North Korean personnel.The US government and multiple foreign agencies issued warnings in July stating that North Korean IT workers seek contracts and send salaries back to their affiliated North Korean organizations, while also posing insider threats to companies, involving data leaks, cryptocurrency theft, and the theft of sensitive information.Some third-country IT workers are recruited through LinkedIn, and some of them work part-time as "interview facilitators," earning $500 in cryptocurrency per month.Data from cybersecurity company CrowdStrike shows that in 2025, cryptocurrency losses caused by North Korea state-linked hackers and threat actors exceeded $2 billion, an increase of 51% year over year. South Korea's central bank estimates that North Korea's GDP grew 3.5% in 2025. (Cointelegraph)
According to Cointelegraph, Standard Chartered Bank published a report providing first-time coverage of the SKY token from the decentralized finance platform Sky, assigning it a year-end 2028 target price of $0.325. This represents an approximate fivefold increase from the $0.065 reference price cited in the report. Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, compared Sky to a "federal bank," noting its issuance of stablecoins, establishment of governance frameworks, and charging of wholesale interest rates to borrowers.
the UK House of Lords on Wednesday passed an amendment by a vote of 194 in favor to 138 against, requiring the government to formulate a digital asset strategy, despite opposition to the measure from the ruling Labour Party.The amendment, proposed by Conservative peer Baroness Neville-Rolfe, requires the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy will cover crypto assets, stablecoins, and tokenized securities, and address issues including innovation, consumer protection, and enterprises' access to banking, payment, and settlement services. The related bill still needs to be submitted to the House of Commons, where lawmakers may accept, amend, or reject the Lords' amendments.The UK Cryptoasset Business Council expressed support for the vote result. Previously, Lord Stockwood, the UK Treasury's Minister for Investment, had stated that the government already has a digital asset strategy and is implementing it. (Cointelegraph)
According to Cointelegraph, the Coinbase connector has officially launched on Grok, enabling users to view their account balance, analyze data, and place trades directly within the chat interface, significantly lowering the barrier to managing Coinbase accounts.
Odaily News - The U.S. Senate is scheduled to hold a cloture vote on the CLARITY Act on Tuesday, with the bill requiring 60 votes to end debate. If it fails to advance with a three-fifths majority, fewer than 36 legislative days will remain before 2027.U.S. Senator Cynthia Lummis, a supporter of the CLARITY Act, stated on September 6 that if lawmakers fail to reach an agreement and send the bill to the President for signature, the next real opportunity for passage may not come until 2030. The 2026 midterm elections will see all 435 House seats and 33 Senate seats up for reelection.Regardless of whether Democrats regain control of one or both chambers of Congress in the midterms, the White House will remain under Republican control until January 2029, and the President could veto any related legislation. Paul Atkins, nominated to chair the U.S. Securities and Exchange Commission (SEC), and Michael Selig, nominated to chair the U.S. Commodity Futures Trading Commission (CFTC), have both stated that if the CLARITY Act does not advance this year, they will continue to push forward with digital asset regulation. (Cointelegraph)
Odaily News, Dubai-based cryptocurrency exchange Bybit has launched USDT-settled forex perpetual contracts covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts support 24/7 trading with up to 100x leverage available.These contracts have no expiry date, with all profits and losses settled in USDT. Traders simply track the price movements of the underlying currency pairs without taking ownership of the corresponding currencies. The product has been added to Bybit's TradFi Perpetuals lineup launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)
Odaily News: The Bangko Sentral ng Pilipinas (BSP), the Philippines' central bank, is proposing a 12-month suspension on accepting and processing new registration applications from Payment System Operators (OPS) to conduct a comprehensive review of relevant classifications and licensing frameworks.Applications submitted prior to the suspension will continue to be evaluated but will not be approved or denied until the suspension period ends. Unless otherwise authorized by regulators, entities must not engage in business activities that require OPS registration.Merchant acquirers regulated by the BSP that serve regulated Virtual Asset Service Providers (VASPs) must collaborate through direct merchant arrangements and implement risk-based controls such as enhanced due diligence, ongoing monitoring, and transaction and settlement limits. Relevant VASPs must be licensed, registered, or authorized by the BSP, the Philippine Securities and Exchange Commission, or other agencies.If approved, the draft will take effect 15 days after publication. The BSP is currently soliciting feedback. (Cointelegraph)
Odaily News: Mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgage records to Injective, a Layer 1 blockchain focused on financial applications. The company plans to eventually migrate more than 29,000 issued mortgages totaling over $10 billion on-chain, with each loan corresponding to an on-chain record, without repackaging them into new mortgage-backed securities.These records contain more than 500 data points, including loan-level information, used to support verification, audit trails, and risk analysis. According to Pineapple Financial's dashboard, the current migration count stands at 2,079 records, up from 1,259 when the project launched in December 2025; the PAPL0 asset has a market value of approximately $1.1 billion, with tokens representing mortgage records rather than ownership of the underlying loans.Pineapple Financial's partnership with Injective also includes a $100 million Injective (INJ) digital asset treasury. Pineapple Financial stakes INJ from this treasury, with Kraken serving as the primary validator for the related holdings. (Cointelegraph)
According to Cointelegraph, Strategy has raised $20.9 billion through equity offerings this year to fund its Bitcoin accumulation strategy, making it the fourth-largest U.S. equity issuer of the year.
: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
Odaily Odaily News: Bybit Pay, the payment arm of cryptocurrency exchange Bybit, has integrated with crypto payment infrastructure provider Mesh, allowing users to directly use their Bybit account balances to make payments or top up accounts on Mesh-supported platforms without the need to withdraw or transfer assets first. Merchants can add Bybit Pay as a payment option through existing Mesh integrations and use programmable settlement features to control settlement timing and methods across different markets.Mesh stated that its network is already connected to over 300 wallets, exchanges, and financial service platforms. In January this year, the company completed a $75 million Series C funding round led by Dragonfly, reaching a valuation of $1 billion, with cumulative funding exceeding $200 million. It also plans to expand into markets in Latin America, Asia, and Europe. (Cointelegraph)
According to Cointelegraph, Kraken's parent company Payward has partnered with SoFi to integrate the SoFiUSD stablecoin on the Kraken platform and establish a 24/7 USD settlement channel.