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The U.S. House Ways and Means Committee passed a cryptocurrency tax bill by a vote of 38 to 5

According to Odaily, the U.S. House Ways and Means Committee passed a bipartisan-supported cryptocurrency tax bill by a vote of 38 in favor and 5 against. The bill has been scaled back from an earlier version and still needs to go through subsequent legislative procedures.The bill aims to reduce the tax burden on small cryptocurrency transactions and expand related tax rules so that digital assets receive the same tax treatment as other financial products. (CoinDesk)

Latin American telecom operator VIVA migrates partial financial settlements to Avalanche blockchain

According to CoinDesk, Iris, an Avalanche ecosystem network founded by former IBM blockchain partner Jules Miller, has officially launched, with Bolivian telecommunications operator VIVA becoming the first carrier to join the network. VIVA utilizes USDi, a USD-backed stablecoin issued by stablecoin infrastructure provider Agora, for transaction settlements via Iris, while maintaining a portion of its operational reserves in USD to mitigate local currency exchange rate volatility, all without requiring the replacement of existing core systems. Operating on an independent Avalanche L1 network, Iris's initial expansion will focus on Latin America, with plans to extend into parts of Africa and Asia. Furthermore, Iris has secured a $43 million funding commitment from Balesia Group, a family office with telecommunications operations across the Americas.

Theo Launches Tokenized Silver thSLVR with $40M in Active Lease Support

Odaily News: Blockchain financial platform Theo has launched a tokenized silver product called thSLVR, with $40 million in active silver lease commitments. The token distributes lease fees paid by institutional borrowers to holders while maintaining exposure to silver.The product expands Theo's commodity financing business from gold to silver and will support its stablecoin thUSD. (CoinDesk)

Theo launches tokenized silver product thSLVR, backed by over $40 million in active leases

According to CoinDesk, on-chain financial platform Theo has officially launched thSLVR, a yield-bearing tokenized silver product, with an initial committed lease size of over $40 million. Holders can maintain exposure to silver prices while earning lease income generated by lending the underlying metal to institutional borrowers such as refiners, mints, and industrial manufacturers. Traditionally, such yields are typically captured by precious metals banks and dealers, rather than retail investors in products like ETFs.

Bitcoin Core 32.0 entered the final testing phase on September 14, with the official release date set for October 10.

According to CoinDesk, Bitcoin Core 32.0 entered its final testing phase on September 14, with its official release scheduled for October 10. This update adds a transaction fee estimator based on real-time mempool status, enabling fee estimates to be lowered more quickly once network congestion subsides. It also enables multi-threaded parallel reading of transaction data to speed up node blockchain synchronization, defaulting to 8 threads. Security-wise, it resolves a wallet naming vulnerability on non-Windows systems since version 24.0 that allowed attackers to execute arbitrary commands on the node host via a specially crafted wallet name. Additionally, it patches an out-of-memory vulnerability in the newly added built-in web server; testing indicates that 16 unauthenticated connections can spike node memory usage from 46MB to roughly 3GB in approximately one minute. This update does not include any changes to Bitcoin's consensus rules.

Bitcoin Core 32.0 enters final testing, official release scheduled for October 10

Odaily News: Bitcoin Core 32.0 entered its final testing phase on September 14, with the official version planned for release on October 10.This version will improve fee estimation, speed up block processing, and make PSBT version 2 the default option for multiple wallet commands, without changing Bitcoin's consensus rules.Developers also fixed a command execution vulnerability affecting certain wallet configurations, as well as a memory exhaustion vulnerability in the new web server. (CoinDesk)

Two Prime Launches Bitcoin Lending Vault, Pledges $10 Million in Initial Capital

According to CoinDesk, digital asset financial services firm Two Prime has launched the Bitcoin lending vault Axiom WBTC Yield Vault on Pareto, offering institutional investors annualized returns of 1.5% to 2%. It accepts wrapped Bitcoin (WBTC) deposits, with a minimum deposit threshold of 5 WBTC (approximately $400,000). Two Prime has committed to injecting approximately $10 million in proprietary capital to cover initial losses, with target borrowers including publicly listed companies, credit rating agencies, and diversified financial institutions. Asset custody is managed by ICE Digital Trust and Copper Technologies, while the underlying private credit infrastructure is powered by Pareto.

Zcash holders overwhelmingly support accelerated transactions and a Bitcoin-style halving.

According to CoinDesk, approximately 2.4 million ZEC tokens participated in the privacy governance vote for Zcash's next major network upgrade, NU7, accounting for roughly two-thirds of the eligible supply. Of these, 99.9% supported reducing the block time from 75 seconds to 25 seconds, while 98.9% backed retaining the existing Bitcoin-style halving mechanism. Additionally, 99.3% favored deploying NU7 as soon as it is ready. The vote served solely to determine the direction of the upgrade; the associated features still require development, testing, and integration into the final release.

Zcash Community Votes to Support Reducing Block Time to 25 Seconds and Launching NU7 as Soon as Possible

Odaily News: Approximately 2.4 million ZEC participated in the privacy-protection vote for Zcash's next major network upgrade, NU7, accounting for about two-thirds of the tokens eligible to vote.Voters supported shortening the block time to 25 seconds, retaining the Bitcoin-style halving schedule, and launching NU7 as soon as possible; they also supported postponing the reissuance of fees collected by the network sustainability mechanism until February 2031 and disabling transactions related to the deprecated Sprout privacy system. (CoinDesk)

Kamino Reaches $1.4B in Managed Assets, Appoints Yieldstreet Co-Founder Michael Weisz as CEO and Expands into Wall Street

Odaily News: Solana lending protocol Kamino has announced the appointment of Yieldstreet co-founder Michael Weisz as Chief Executive Officer, with plans to establish its headquarters in New York. Kamino currently manages assets totaling $1.4 billion.Kamino plans to expand its lending business for tokenized real-world assets, covering blockchain-based home equity loans, and to strengthen ties with Wall Street institutions.Kamino stated that the platform has processed over $650 billion in cumulative transaction volume over the past four years; its PRIME lending market surpassed $600 million in deposits within 107 days of launch. (CoinDesk)

CoinDesk: Gate RWA Perpetual Contract Trading Volume Surges 158%, Market Share Doubles to 12.6%, Ranking Among Global Top Three

Odaily News — According to the "August 2026 Exchange Review" published by CoinDesk, in August, RWA perpetual contract trading volume on centralized exchanges grew 2.37% month-over-month to $602 billion, setting a record high for the category. Gate stood out in particular, with its RWA perpetual contract trading volume surging 158% month-over-month to $64.7 billion. Its market share rose from 5.32% in July to 12.6%, more than doubling from the previous month and placing it among the top three centralized crypto exchanges.In terms of asset coverage, the CoinDesk report shows that Gate now supports over 12,800 stock and ETF assets and continues to expand trading scenarios including equities, RWA, and derivatives. By further broadening asset coverage and trading scenarios, Gate is continuously strengthening its integrated trading infrastructure that connects digital assets with traditional financial markets.

Gate August Transparency Report: RWA Perpetual Contract OI Market Share Reaches 49.6%, Ranking First Globally; 30-Day Net Inflow Ranks Among Top Two CEXs

Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.

Indian agricultural storage company Arya.ag brings $2 billion grain-backed loan on-chain.

According to CoinDesk, Arya.ag, India's largest agricultural warehousing company, is using Avalanche technology to tokenize grain deposits, electronic negotiable warehouse receipts, and loan statuses to help lenders more reliably verify collateral crops for agricultural loans. The project was announced by Infosys co-founder and project lead for India's Aadhaar identity system, Nandan Nilekani, at the Mumbai Global Fintech Fest.

Bitcoin and Ethereum Accelerate Quantum-Resistant Upgrades, US Invests $300 Million in Quantum Hardware

According to CoinDesk, the U.S. Department of Commerce is allocating up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—through the CHIPS Act, totaling up to $300 million. The funding will support the expansion of hardware, manufacturing, and error-correction systems, alongside the simultaneous acquisition of minority stakes in all three firms. Meanwhile, Bitcoin and Ethereum developers are accelerating post-quantum cryptography upgrade initiatives. The Ethereum Foundation has set December 2029 as the deadline for foundational-layer quantum-resistant upgrades encompassing the execution, consensus, and data layers. While Bitcoin has no unified timeline, two proposals—BIP-360 (post-quantum output types) and BIP-361 (phasing out ECDSA and Schnorr signatures)—are advancing rapidly, with researchers likewise identifying 2029 as the critical window to complete a trusted migration path.

Algorand Appoints Former Chainlink Executive William Herkelrath as New CEO

According to CoinDesk, the Algorand Foundation has officially appointed William Herkelrath as chief executive officer, succeeding Staci Warden, who served for nearly five years. Herkelrath previously held leadership roles at blockchain data provider Chainlink and crypto custody firm Curv, and co-founded the AI automation platform K3 Labs. He officially assumed office on August 31. The Algorand Foundation stated that the new CEO will focus on driving institutional business expansion and post-quantum security initiatives. To date, Algorand has introduced post-quantum accounts based on the Falcon-1024 lattice-based signature system through its v42 consensus upgrade, with plans to achieve full quantum resistance prior to 2028. Additionally, the foundation’s board is undergoing concurrent adjustments, with Alex Fowler joining while Rebecca Rettig and Michael Mosier depart.

Ethereum plans to enable users to pay gas fees without holding ETH in the 2027 Hegotá upgrade.

According to CoinDesk, Ethereum developers have incorporated EIP-8141 "Sponsored Transactions" into the Hegotá upgrade scheduled for 2027. This feature aims to enable users to execute on-chain transactions without holding ETH, allowing applications or other accounts to pay gas fees on their behalf, or to settle associated costs using assets like stablecoins.

UK's largest retail investment platform Hargreaves Lansdown launches Bitcoin and Ethereum ETN products

According to CoinDesk, Hargreaves Lansdown, the UK's largest retail investment platform managing over $200 billion in assets, announced it will make nine Bitcoin and Ethereum exchange-traded note (ETN) products available to its two million customers. Providers include BlackRock iShares, CoinShares, WisdomTree, 21Shares, Invesco, and Bitwise, with annual fees ranging from 0% to 0.35%. This move comes less than a year after the platform previously warned customers against investing in cryptocurrencies, reflecting a policy adjustment following the UK Financial Conduct Authority (FCA) lifting its retail ban on crypto ETPs in October 2025. The platform requires new buyers to complete a suitability assessment and wait 24 hours before trading.

OpenAI will provide $1 billion in cybersecurity subsidies

According to CoinDesk, OpenAI said it will provide subsidized access to the $1 billion Daybreak cybersecurity model over the next six months, along with training and technical support, to help organizations defend against AI-driven cyberattacks, including potential zero-day exploits. Daybreak is divided into two tiers, Blue and Red, tailored for routine defense and more sensitive cybersecurity tasks, respectively, with about 2,000 organizations already using it.

SoFi与 Kraken 达成合作,打通传统银行与加密市场基础设施

据 CoinDesk 报道,数字银行 SoFi 与加密交易所 Kraken 宣布达成合作。Kraken 母公司 Payward 将加入 SoFi 的24/7 美元结算网络(SEN),支持机构客户全天候转移美元、管理流动性;Kraken 同步上线 SoFi 发行的银行稳定币 SoFiUSD,SoFi 则引入 Kraken Prime 作为其平台加密交易的额外流动性来源。双方表示,未来合作或将延伸至支付、国库、借贷等数字资产服务领域。

DeFi protection protocol Firelight Protocol announces $8 million funding round led by Gumi Cryptos Capital

According to CoinDesk, DeFi protection protocol Firelight Protocol has announced an $8 million funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. Incubated by DeFi infrastructure provider Sentora, which manages $2.4 billion in assets, Firelight is scheduled to officially launch this September.