DAOs are forcing crypto protocols to choose between code and emergency brakes
Compound is a crypto lending protocol governed by holders who delegate their COMP tokens, a setup known as a decentralized autonomous organization, or DAO. It works like an online republic, with token holders debating proposals, voting, and letting…
Fed stablecoin research exposes how the same dollar could count twice in M1 or M2
A Federal Reserve staff note published Sept. 4 sketches a route for regulated payment stablecoins to enter M1 or the broader M2 money supply. Its accounting framework requires adjustments before gross circulation could enter either measure. Payment…
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
Eligible Solana token-account owners can reclaim excess SOL previously needed to keep their token accounts open after the network’s first rent reduction went live Sept. 3. For businesses funding new accounts, the same change lowers the upfront…
Zcash breaks $1,000 as its spot ETF crosses $400 million in assets
Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than two weeks after its debut. ZEC registered an intraday high of $1,050.70, up roughly 20% over 24 hours and nearly 100% over…
A major outage and corporate backlash hit Robinhood Chain at the peak of its growth
Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business. On Sept. 4, the Ethereum layer-2 network halted block production for at…
El Salvador added 1,540 Bitcoin, but the IMF says Bukele’s government didn’t pay for them
The International Monetary Fund (IMF) says El Salvador’s Bitcoin reserve growth over the past year came from private donations, not new government spending. In its latest review of the country’s loan program, the global financial agency said documents…
Hidden Solana upgrade bug can freeze network readers and silently disable fee limits
Solana’s v1 transaction format promises more than three times as much room per transaction, but RPC clients, indexers, relayers and fee sponsors that are not ready for it can fail in two very different ways: some systems stop, while others keep running…
Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders
Bitwise has given the market a rare look inside an institutional XRP carry trade. The Bitwise Crypto Carry Fund, or USCC, paired XRP held in custody with an almost equal short position in September Coinbase XRP futures. The structure was 97.48% matched…
Privacy coin flaw risks endless token creation, leaving node operators with a deadline in hours to fix it
The Firo hard fork was 153 blocks away from activation early Friday, leaving wallet users and network operators only hours to install software that repairs an August vulnerability in the privacy coin’s Spark transaction system. The chain reached block…
Monad’s mainnet upgrade makes storing data together 98% cheaper
Monad, an EVM-compatible blockchain, activated its MonadTen revision on mainnet at 14:30 UTC on Sept. 2. The MIP-8 upgrade changes how the network charges contracts for reading storage, replacing slot-by-slot warming with groups of 128 consecutive slots.…