Crypto News
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Uzbekistan Launches Pilot for Government Bond-Backed Stablecoin Payments
Uzbekistan is testing a government bond-backed stablecoin for payments. Humo Digital will trial HUMO transactions with more than 20 merchants in a sandbox overseen by NAPP and the central bank.
Cointelegraph
Pineapple Financial Plans to Put $1B in Mortgage Records on Injective
Pineapple Financial plans to put $1 billion in mortgage records on Injective and eventually bring more than $10 billion in historical loans onchain, converting thousands of files into blockchain-based records.
Cointelegraph
BIS Analysis Challenges XRP Supply-Squeeze Expectations on XRPL
A BIS-related analysis reported by CryptoSlate says one XRP Ledger transaction can authenticate thousands of datasets, allowing institutional-style usage to grow while keeping fee burns—and any resulting supply squeeze—small.
CryptoSlate
Circle’s cirBTC held 40 BTC at Aug. 27 snapshot as Arc becomes next distribution test
Circle’s cirBTC held 40 BTC and was overcollateralized at its Aug. 27 snapshot, but remained thousands of times smaller than WBTC and cbBTC. Arc is set to become the product’s next distribution test.
CryptoSlate
Sanders Calls for Law to Halt Flock’s AI Surveillance Expansion
Vermont Senator Bernie Sanders said he plans to pursue legislation targeting Flock’s network of more than 120,000 AI cameras, warning that the system is pushing the United States toward a “surveillance state.”
Decrypt
The Sandbox pledges 1:1 repayment after $700K bridge exploit
The Sandbox plans one-for-one repayment for eligible Base and BNB Chain holders after a roughly $700,000 bridge exploit. Repayment will use Ethereum-based SAND from the project treasury, with claims expected within two weeks.
Cointelegraph