Uzbekistan starts HUMO stablecoin payment pilot with government securities backing
The som-pegged token will be tested with participating merchants as regulators examine reserves, payment infrastructure and consumer safeguards.
Tech News
Blockchain engineering, security, scaling, AI and the technology behind digital finance.
Cronos update puts funds outside Tectonic rollback at $9.19 million
New reporting separates funds transferred off Cronos from roughly $111.2 million reversed after the August 30 Tectonic lending exploit.
Ethereum Foundation sets Hegota priorities for transaction and account upgrades
The Foundation's September 7 ranking puts FOCIL and Frame Transactions at the center of Hegota, while other proposals face further development and testing.
Liquid Network recovers 3,400 BTC as restart preparations continue
A September 7 transfer returned most of the bitcoin withdrawn from Liquid's reserves, but recovery of funds does not itself confirm a network restart.
Hyperscale Data Ends Bitcoin Mining as BTC Holdings Fall 79%
Hyperscale Data has ended Bitcoin mining at its Michigan facility and reduced its BTC holdings by about 79% while funding an AI data center project.
Core DAO Plans Emergency Hard Fork After Excess Validator Rewards
Core DAO is coordinating an emergency hard fork after validators received excess CORE rewards, prompting Coinbase and other exchanges to restrict transfers.
Polygon Discloses Security Flaws Fixed in Austin and Kyoto Hard Forks
Polygon disclosed vulnerabilities affecting its Bor and Heimdall clients, including denial-of-service and validator resource risks, after fixing them through two recent hard forks.
South Korea Adds Token Securities to Capital Market Reform Plan
South Korea has included token securities infrastructure in a wider capital market reform plan. The country is preparing rules and systems for blockchain-based securities, with the framework expected to take effect in February 2027. The move could bring tokenized securities closer to mainstream financial market infrastructure in South Korea.
VAYLA Secures Backing From Global Investors and Ecosystem Partners
VAYLA has announced support from Dubai Blockchain Lab, First Block Venture, The Crypto Launchpad, 0x0 Ventures, CoinNest Investments, and Gate Wallet as the platform expands its vision for music, fandom, and blockchain-powered digital engagement. The backing highlights growing interest in creator-focused ecosystems that combine fan participation, digital ownership, and community-driven experiences.
Iotrader Sees Strong Investor Interest In On-Chain Trading
IOTrader is gaining attention in the Web3 sector as investors increasingly focus on AI-powered decentralized trading and prediction markets. Backers including Animoca Brands and ViaBTC reflect growing confidence in the future of on-chain financial infrastructure.
New York Judge Delays Hearing On Aave’s Request To Unfreeze $71M In ETH
A New York judge has delayed a decision on Aave’s request to unfreeze $71 million in ETH linked to the Kelp DAO exploit. The court wants more legal clarification before moving forward with the case. Meanwhile, recovery efforts for affected rsETH users continue across the DeFi ecosystem.
Researchers Warn Malicious AI Routers Can Steal Crypto And Sensitive Data
Researchers found that some AI routers can secretly inject malicious code and steal crypto-related credentials. These intermediaries can access sensitive data in plaintext, creating serious risks for developers. The study highlights the need for stronger security practices as AI tools become more widely used in crypto applications.
Big Tech Giants Back X402 Foundation To Standardize AI Agent Payments
Big Tech firms are backing the x402 Foundation to create open standards for AI-powered payments across crypto and traditional systems. The initiative aims to enable AI agents to transact autonomously online. While early activity on the protocol surged, usage has recently slowed as adoption continues to develop.
Coindcx Launches $11M Anti-Fraud Initiative After Court Clears Founders In Impersonation Case
CoinDCX is investing $11 million to combat crypto fraud after its founders were cleared in an impersonation-related case. The exchange plans to address phishing and fake websites through a new Digital Suraksha Network. The move highlights rising concerns around user safety as India’s crypto market continues to grow.
Bybit Expands Gold And Silver Trading As Demand For Tokenized Commodities Grows
Bybit has launched a new campaign focused on trading gold and silver instruments, including tokenized gold products like XAUT. The initiative highlights rising interest in precious metals within crypto markets and reflects the growing trend of bringing real-world assets onto blockchain-based platforms.
Solv Protocol offers 10% bounty after $2.7M exploit targets Bitcoin vault
Solv Protocol lost about $2.7 million after a smart contract exploit allowed an attacker to mint tokens and swap them for Bitcoin-pegged assets. The platform has offered a 10% bounty to recover the funds and says affected users will be reimbursed. Security firms are now investigating the breach.
OpenAI secures Pentagon contract as US government blocks Anthropic over security concerns
OpenAI has secured a Pentagon contract to deploy its AI models on classified networks after the US government barred Anthropic over security concerns. The shift follows a breakdown in Anthropic’s military negotiations and intensifies scrutiny over AI’s role in defense. The move signals how central AI has become to US national security strategy.
Block to slash 4,000 jobs as Jack Dorsey pivots company around AI-driven operations
Block is cutting about 4,000 jobs, reducing its workforce by nearly 40% as it restructures around AI-driven operations. Jack Dorsey says automation is fundamentally changing how companies function and expects others to follow. Investors reacted positively, sending shares sharply higher after the announcement and earnings release.