Britain Plans a Stablecoin Innovation Objective for the Bank of England
HM Treasury will amend the Financial Services and Markets Bill to give the Bank of England a secondary objective covering payments innovation and stablecoins.
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Solana Tops $100 as Two Proposals Aim to Cut SOL Emissions
Solana led the majors above $100 on Friday, its highest since January, while two proposals to slow SOL issuance sat in front of validators.
BitGo Takes NYDIG's Institutional Trading Business and About 30 Staff
BitGo is taking on NYDIG's derivatives, financing and structured-products desk, with about 30 people moving across. Neither side has published a price.
Core Lightning Confirms AI-Found Bugs and Holds Details for 14 Days
Core Lightning says several vulnerabilities reported through AI-generated submissions are real. The technical details stay embargoed for two weeks.
Charles Schwab Will Add Solana, Avalanche and Chainlink, Date Unset
Schwab said on Thursday it will put solana, avalanche and chainlink on its spot crypto platform in the coming months. No launch date was given.
Moonwell Loses About $8.7M to a Manipulated MAMO Collateral Price
PeckShield and CertiK each put Moonwell's loss at about $8.7 million after an attacker inflated the price of MAMO and borrowed against it on Base.
SEC Sends Crypto Custody Rule for Advisers to White House Review
The SEC sent a crypto custody rule for investment advisers to White House budget review on 25 August. The text is not public and nothing binds yet.
Bitcoin Slips Below $79,000 as August's Rally Runs Into a Ceiling
Bitcoin traded just under $79,000 on Thursday, off an intraday high above $81,000. The week's gain is reported as 14%, 23% and nearly 25%.
Shinhan Financial Signs With Visa to Test Stablecoin Card Settlement
South Korea's Shinhan Financial signed an agreement with Visa on Wednesday to test stablecoin issuance, redemption and card settlement. No timeline was given.
Ethereum Draft Would Let Validator Deposits Carry 8,192-Byte Keys
A draft EIP would replace the deposit contract's fixed BLS fields with keys of up to 8,192 bytes, and leave the post-quantum algorithm itself for later.
Better and Coinbase Take the Token-Backed Mortgage to All 50 States
Better and Coinbase said their crypto-collateral conforming mortgage is generally available in 50 US states and the UK. The launch itself was 12 August.
Japan Studies Blockchain Stock and Bond Settlement for the Early 2030s
Nikkei reported that the FSA, the finance ministry and the Bank of Japan will study blockchain rails for stocks and government bonds. None has confirmed it.