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Liquid Network Resumes Block Production but Transactions Remain Paused, BTC/LBTC Reserve Recovery Not Yet Complete

Liquid Network announced on X platform that as of September 10 at 10:00 (UTC), the network has entered a controlled recovery phase. As a precautionary measure, the network has resumed block production but is not yet processing transactions, and is continuously monitoring to confirm full network stability. Blockstream stated that the required Functionary node and bridge node updates have been successfully deployed, and Functionary nodes are now signing and validating blocks as expected. Meanwhile, pegging operations, including PAK-authorized Peg-out, remain paused, and the network is in the final recovery phase, including restoring BTC/LBTC reserves. Liquid Network reminds users to be wary of scammers using this incident to publish fake update websites or messages, and to never transfer funds to unknown channels or disclose private keys or seed phrases.

Anchorage Digital supports Robinhood Chain asset custody.

According to The Block, Anchorage Digital has added support for Robinhood Chain, enabling institutional investors to custody tokens, tokenized debt securities, and real-world assets issued on the layer-2 network through this federally chartered crypto bank.

Vitalik pushes for EIP-8288 to be included in the Ethereum I-star fork, focusing on low-cost quantum-safe transactions.

According to The Block (@TheBlockCo), Vitalik Buterin is actively pushing to incorporate EIP-8288 (a recursive STARK memory pool draft released this June) into Ethereum's I-star fork upgrade following the Hegota fork. The proposal aims to reduce the cost of quantum-safe transactions, with its core approach moving signature and proof computation out of Ethereum's core execution path while keeping proof data on-chain.

Aave Launches Official MCP Server, Enabling AI Agents to Access Protocol Data and Prepare Transactions

According to The Block, Aave has officially launched its official MCP server, allowing AI agents to access real-time protocol data from Aave V3 and V4 and prepare transactions. The server supports integration with MCP-compatible tools such as ChatGPT and Claude, enabling users to independently control transaction signing permissions.

Ethereum plans to achieve a quantum-safe L1 by 2029, with the Hegotá upgrade roadmap taking shape.

According to The Block, the Ethereum Foundation Protocol Cluster has released a list of EIP ratings for the upcoming Hegotá upgrade, setting December 2029 as the target milestone for achieving full quantum resistance. The two S-tier (mandatory delivery) proposals for the upgrade are: FOCIL (EIP-7805) at the consensus layer, which enhances censorship resistance by requiring validator committees to enforce the inclusion of public mempool transactions; and framework transactions (EIP-8141) at the execution layer, which natively integrates account abstraction, supporting custom signatures, sponsored gas, and batch operations to improve security and quantum resistance. The Ethereum Foundation stated that this timeline aligns with the independent migration targets of Google, Cloudflare, and Microsoft, and the December 2029 deadline will be considered non-negotiable prior to January 2027. Hegotá is not the final quantum-safe fork, but rather a critical milestone determining whether subsequent upgrades can proceed on schedule. From the Q4 2026 Glamsterdam upgrade to December 2029, the average fork cycle is only about 7.2 months, leaving extremely limited execution slack.

University of Florida Enters Multi-Year Brand Partnership with Ripple, XRP Logo to Appear at Home Football Stadium

According to The Block, the University of Florida has signed a multi-year partnership agreement with Ripple. Starting with the 2026 football season, the XRP brand will officially enter the university's athletic programs, including featuring a prominent logo on the field at Ben Hill Griffin Stadium, alongside branding for digital assets and event promotions. Additionally, Ripple will provide financial and technology education support to student-athletes and the campus community.

World Open-Source Zero-Knowledge Authentication Toolkit ProveKit

According to The Block, World has open-sourced the zero-knowledge identity verification toolkit ProveKit, which is already used in World ID. ProveKit enables users to generate cryptographic proofs locally on their phones or browsers, allowing them to prove information such as age, nationality, or ownership of valid identification documents without disclosing personal data.

Wyoming Expands Partnership with Chainlink to Introduce On-Chain Reserve Verification for FRNT Stablecoin

According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.

Robinhood Wallet and Fomo Credit Card Purchase Process for Meme Coins Sparks Controversy Over Card Network Rules

According to The Block, Robinhood Wallet and Fomo users can purchase select memecoins using credit cards via Apple Pay or Google Pay without completing a separate identity verification process. Testing shows that these transactions are powered by crypto infrastructure company Crossmint and are classified under the "digital goods media" category rather than as cryptocurrency purchases, thereby qualifying for standard credit card points or cashback rewards.

Silhouette Launches RFQ Trading System on Hyperliquid Mainnet, Initially Supporting xStocks Tokenized Stocks

According to The Block, Hyperliquid’s institutional trading layer, Silhouette, officially launched its Request for Quote (RFQ) system on mainnet on Tuesday, initially supporting Payward’s tokenized equity framework, xStocks. Traders can submit quote requests to designated market makers; after market makers place bids, the winning counterparty settles the trade on-chain. This enables round-the-clock, large-volume trading without the need for a dedicated order book. Tokens that meet trading activity thresholds can be migrated to standalone HyperCore markets in the future. Since its launch in June 2025, xStocks has processed over $40 billion in cumulative trading volume, settled approximately $20 billion on-chain, and accumulated more than 200,000 holders. With a current market cap of around $620 million, it ranks as the third-largest global issuer of tokenized stocks.

Ethena launches payment app Ethena Pay on Avalanche, offering up to 6% yield and 10% cashback

According to The Block, Ethena Labs has officially launched the beta version of its self-custody payment app, Ethena Pay, built on Avalanche, which is now available in 48 countries including Brazil, Japan, Singapore, and Kenya. Users can receive funds via IBAN or cryptocurrency, hold balances in USDe, and benefit from fee-free instant global transfers. The app features three membership tiers: Standard (free), Pro (requires locking $2,000 worth of ENA or inviting 10 users), and VIP (requires locking $10,000 worth of ENA or inviting 50 users), offering respective annual yields of 5%, 6%, and 6%, with balance caps of $5,000, $15,000, and $50,000. The Ethena Pay card provides a 4%–5% base cashback (settled in AVAX), while Pro and VIP users enjoy up to 10% exclusive cashback at brands such as Uber, Spotify, and Claude. The backend infrastructure is powered by Iron, a subsidiary of MoonPay. Markets including the United States and the European Union were not part of the initial launch and will be progressively rolled out once regulatory compliance is achieved.

OpenSEA Will Launch Solana NFT Trading, Reviving NFT Support for Non-EVM Chains

According to The Block, OpenSea has added support for Solana non-fungible tokens (NFTs), enabling users to buy, sell, and trade on-chain digital collectibles from collections such as Mad Lads, Claynosaurz, BoDoggos, Collector Crypt, and Phygitals on its platform.

Bitget launches the 11th CFD King Championship with a total prize pool of 75,000 USDT

Odaily Block News: Bitget has launched the 11th CFD King Championship, with a total prize pool of 75,000 USDT. The participation period runs from August 31 at 21:00 to September 7 at 21:00 (UTC+8). During the event, users who complete designated CFD trading tasks will earn opportunities to draw mystery boxes, with a 100% chance of winning USDT cash vouchers.Additionally, users who invite new users to complete trading tasks will receive USDT rewards for both the inviter and the invitee. Users who meet daily trading thresholds can also accumulate points to share in a 7,600 USDT points prize pool. The top 470 users by cumulative trading volume will collectively share a 47,400 USDT ranking prize pool, with the champion taking home 4,000 USDT. For more details, please refer to Bitget's official platform.

Public Citizen: Investors in Trump-Related Crypto Projects Face at Least $4.7 Billion in Unrealized Losses

According to The Block, advocacy group Public Citizen published a report stating that investors in five cryptocurrency products linked to U.S. President Trump face at least $4.7 billion in losses, primarily unrealized losses; meanwhile, Trump has generated at least $1.4 billion in revenue through related crypto businesses in 2025.

OpenSea integrates Perplexity Computer, enabling queries for multi-chain on-chain market data.

According to The Block, OpenSea has integrated Perplexity Computer, enabling its AI agents to use OpenSea's on-chain marketplace data to answer queries about tokens, collectibles, and activities across more than 25 blockchains.

XRP Treasury Company Evernorth's SEC Registration Takes Effect; Plans Nasdaq Listing via SPAC Merger

According to The Block, Evernorth Holdings, an XRP treasury company, announced that its S-4 Registration Statement filed with the U.S. Securities and Exchange Commission (SEC) has officially become effective. The registration covers Evernorth's business combination with SPAC Armada Acquisition Corp. II, after which it is expected to commence trading on Nasdaq under the ticker symbol "XRPN". The S-4 document registers up to 34,499,992 shares of Class A common stock and 11,499,992 warrants. Positioned as a regulated digital asset treasury company, Evernorth focuses on XRP investment exposure and plans to actively deploy capital into XRP infrastructure projects. Its investors include institutional backers such as Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR. The merger is anticipated to close in late Q3 or early Q4 of 2026, pending shareholder approval.

PURR price rises 15%, Hyperliquid Strategies discloses $1.9 billion HYPE reserve

Odaily News - PURR, a token related to the Hyperliquid ecosystem, rose approximately 15% after Hyperliquid Strategies published its "HYPE Treasury" and balance sheet updates.According to the disclosure, Hyperliquid Strategies has completed a $647 million equity financing round and increased its HYPE token reserve to 29.3 million tokens, valued at approximately $1.9 billion based on fiscal year-end prices—more than doubling from its previous size.The company stated that it subsequently invested an additional $773.4 million to acquire approximately 16.5 million HYPE tokens at an average purchase price of $46.77. The company said the continued expansion of its HYPE holdings is aimed at building a "fortress balance sheet" to strengthen long-term support for the Hyperliquid ecosystem.Market observers believe that sustained institutional allocation to HYPE assets has further reinforced expectations regarding the Hyperliquid ecosystem's value-capture capabilities, driving related ecosystem tokens like PURR higher. (The Block)

StarkWare Completes First Quantum-Resistant Bitcoin Transaction, Says Protocol-Level Upgrades Still Needed

According to The Block, StarkWare announced it has successfully executed the first post-quantum Bitcoin transaction. Avihu Levy, Head of Applications, used a "signature grinding" approach to repeatedly generate millions of candidate signatures before the transaction entered the Bitcoin mempool, thereby avoiding the exposure of mathematical data related to public keys that could be exploited by future quantum computers to forge signatures. This method incurs significant computational costs, with a single transaction potentially taking several hours. Because the transaction format is unrecognized by standard Bitcoin nodes, it bypassed the public mempool and was submitted directly to miners for inclusion via MARA’s Slipstream service. StarkWare noted that while this technique can serve as a transitional safeguard, Bitcoin will still require protocol-level upgrades or a hard fork to systematically mitigate quantum computing threats.

Initial funds may reach $20 million; Hyperliquid AQAv2 proceeds will be used to buy back HYPE

Odaily Block News: The first proceeds from Hyperliquid's AQAv2 mechanism are expected to enter the Hyperliquid Assistance Fund on October 3. The market anticipates the initial fund size could reach approximately $20 million, which will be used to repurchase HYPE. AQAv2, or Aligned Quote Asset v2, is a stablecoin mechanism announced by Hyperliquid in May this year, allowing stablecoins not exclusively issued by Hyperliquid—including USDC—to qualify for "Aligned" status. According to public information, AQAv2 returns the majority of stablecoin yields to the Hyperliquid ecosystem, with 90% of the proceeds allocated to the relevant mechanism and subsequently used entirely for repurchasing and burning HYPE tokens. Coinbase has been designated as the fund deployment party, with Circle responsible for technical deployment, and both parties will also stake HYPE to participate in the mechanism. Analysts estimate that this mechanism could add approximately $135 million to $160 million in annual HYPE buyback pressure.

DEX Arcus on Robinhood Chain Launches pTokens, Tokenizing Perpetual Accounts

According to The Block, Arcus has launched the pToken protocol on Robinhood Chain, which converts positions in perpetual contract accounts with fixed markets and leverage levels into transferable ERC-20 tokens that can be used in on-chain protocols such as lending. The initial release supports leveraged exposure to BTC, SOL, HYPE, and select stock tokens, while also introducing multi-asset collateral functionality that enables SPY, QQQ, and MAG7 tokens to serve as collateral for perpetual trading.