
PNC Converts Incoming USDC to Dollars for Corporate Clients
The stablecoin arrives on Ethereum and lands as an ordinary bank deposit. Two accounts call it a limited pilot and a third says clients can receive payments now.
Altcoins, ETH & general crypto

The stablecoin arrives on Ethereum and lands as an ordinary bank deposit. Two accounts call it a limited pilot and a third says clients can receive payments now.

Blockaid flagged withdrawals from zkLink Nova's layer-1 escrow while the attack was still live. The loss is reported two ways, near $786,000 and near $779,000.

The wallet behind the Fetch.ai and NuNet drains also minted AGIX and WMTx through SingularityNET's bridge. Fetch.ai has paused AGIX-to-FET conversions.

The same address emptied a Fetch.ai converter on Ethereum and minted 408.5 million NTX. SlowMist traced it to a signature that proved nothing on chain.

BitMine Immersion bought 27,180 ETH in the week to 13 September, taking its holdings to 5,956,378 tokens, about 4.9% of the supply. The company values the position at $14.96 billion and has 85% of it staked.

The complaint says ten Ethereum addresses were blacklisted on an informal law-enforcement request, 112 days before a seizure warrant was issued.

Attackers pulled roughly $8 million from Coinsbuy's wallets on Tron and Ethereum, moved 79% through FixedFloat within hours, and the exchange is repaying from reserves.

BlackRock launched BSTBL on Ethereum and BRSRV across Solana, Ethereum and Tempo on 3 August, the latter built as a GENIUS Act-eligible stablecoin reserve.

Tether's GENIUS Act-compliant dollar token USAT expanded beyond Ethereum for the first time, launching natively on Celo where it can also pay its own gas fees.

Triple-A's hot wallets were drained across six chains and bridged into one Ethereum address. Published loss counts range from $9.3 million to about $12 million.

A new nonprofit backed by BitMine, SharpLink Gaming and Joseph Lubin takes on institutional outreach for Ethereum, days after the Foundation cut that work back.

The Ethereum Foundation confirmed its largest-ever restructuring: 54 roles gone, about 20% of staff, and a 2026 budget cut of roughly 40%. Co-Executive Director Hsiao-Wei Wang resigned, and Privacy and Scaling Explorations is being wound down.