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A Teraswitch routing error took 29% of Solana’s network stake offline, according to CryptoSlate. The failure did not cross the finality-halt threshold, but telemetry showed delayed finality and sharply lower throughput.
The U.S. DOJ is seeking to forfeit $61 million in cryptocurrency it says came from Iranian black-market oil sales and was laundered through Binance accounts, Bitcoin Magazine reported.
Hyperliquid’s buybacks have helped lift HYPE to all-time highs, but CoinMarketCap’s Alice Liu warns that Binance could threaten the revenue used to fund them, potentially putting pressure on the token’s support mechanism.
Federal Reserve data showed hedge funds added $400 billion to gross exposure in Q2. Crypto spillover remains uncertain, with Bitcoin’s September reaction depending largely on funding stress after the FOMC decision.
CryptoSlate highlights the dilution risk in Bitcoin treasury companies: holdings may grow, but shareholder value can lag because of new share issuance, company expenses, lender obligations, and management financing decisions.
Wall Street is developing tokenized deposits to help businesses manage cash held across accounts and jurisdictions. CryptoSlate says the initiative could also encourage customers to keep more funds within participating banking networks.
L-BTC resumed trading after a Sept. 10 onchain snapshot showed reserves covering 85.15% of supply. Federation peg-outs remained suspended, while live market depth had not been measured, CryptoSlate reported.
Liquid Network has resumed block production after emergency software updates linked to a $320 million exploit. Transactions and peg operations remain suspended while recovery efforts continue, Cointelegraph reported.
Monument Bank postponed its retail tokenized deposit launch while onboarding a Canadian custody partner to meet Financial Conduct Authority requirements. The London-based challenger bank now expects to roll out the service by November.
Fnality Europe has appointed former Bank of England deputy governor Jon Cunliffe, along with Jochen Metzger and Ron Berndsen, to its supervisory board as it seeks to expand beyond its sterling payment system.
Arya.ag plans to use Avalanche for grain ownership records in India. The system would combine farmer, warehouse, insurance and loan data for lenders, but no launch date or initial deployment size was disclosed.
The US sanctioned Xinbi and restrained $52 million in cryptocurrency, while the Justice Department seized its Telegram channels and two wallets. Investigators are pursuing 47 additional wallets tied to the alleged laundering network.
The euro’s onchain presence remains far below the dollar’s, with euro-pegged stablecoins totaling €711 million and less than 1% of supply. RockawayX’s Ryan Connor points to missing DeFi infrastructure and emerging MiCA-regulated rails.
