News linked to both this project and an event.
Odaily News - Financial services firm Virtu Financial, M1X Global, and electronic trading platform Tradeweb have completed an on-chain repo transaction using the Republic of the Marshall Islands' USDM1 sovereign digital bond as collateral. The entire transaction was executed on the Canton Network and settled in under 10 minutes.USDM1 is a U.S. dollar-denominated, on-chain issued sovereign bond, backed 1:1 by short-term U.S. Treasuries. It pays a coupon while serving as collateral and constitutes a fully collateralized sovereign obligation under New York State law. The parties involved stated that this is the first repo transaction combining natively issued sovereign collateral with fully on-chain atomic settlement.USDM1 is available for electronic trading via Tradeweb, with institutional custody services provided by Anchorage Digital, BitGo, and tZERO. The Canton Network is designed for institutional finance, featuring privacy and permissioning mechanisms for regulated transactions and tokenized assets. (Cointelegraph)
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
Odaily News - U.S. mortgage lender Better Mortgage and cryptocurrency exchange Coinbase have announced the launch of a bitcoin-backed mortgage product that allows U.S. homebuyers to use BTC as collateral for their down payment loan, eliminating the need to sell their bitcoin holdings. The product is now officially open for applications.The product consists of a Fannie Mae-backed mortgage paired with a separate down payment loan. Borrowers are required to pledge BTC valued at least 250% of the down payment loan amount, with the collateral transferred to Better's custody account on Coinbase Prime. Both loans carry the same interest rate and amortization period, and are repaid through a single monthly payment.A decline in the bitcoin price will not independently trigger a margin call or alter the mortgage terms, but if a borrower falls 60 days or more behind on payments, Better may liquidate the pledged BTC. Applicants must be U.S. residents with a verified Coinbase account, and Coinbase One members can also earn a 1% rebate of up to $10,000, which can be applied toward closing costs and fees. (Cointelegraph)
Odaily News Cryptocurrency exchange OKX's latest survey this month shows that 90% of US college students and 87% of parents support universities offering cryptocurrency and blockchain courses, with 27% of students and 32% of parents believing such courses should be mandatory.A 2025 review of 533 US universities with accredited business schools found that approximately 28% offer blockchain courses. Among surveyed students, 33% cited social media or influencers as their most important source of cryptocurrency information—nearly five times the number who chose schools, teachers, or professors; parents' primary source of information was cryptocurrency platforms and applications, accounting for 21%.OKX surveyed 500 students and 500 parents via the online survey platform Pollfish, with respondents not recruited from OKX's customer base. OKX did not disclose the survey's weighting methodology, margin of error, or the proportion of respondents holding cryptocurrencies. (Cointelegraph)
Odaily News Digital asset infrastructure provider Taurus has connected its tokenization and custody platform to Swift's blockchain-based ledger, allowing clients to use bank-issued tokenized deposits for payments through their existing digital asset infrastructure.Taurus stated that the first client integrations are expected to go live within days, with the first distributed ledger technology transaction facilitated by its platform expected to be completed within weeks.International payment network Swift announced in July that its ledger was ready for initial use, with 17 banks from six continents piloting real-time transactions using tokenized deposits. Standard Chartered and HSBC have completed the first real-time cross-border transaction on the ledger. (Cointelegraph)
Odaily News: Digital asset infrastructure service provider Taurus SA announced that its tokenization and custody platform has completed integration with Swift's blockchain-based distributed ledger, the international bank communication network.Taurus stated that following this integration, clients can connect their existing digital asset infrastructure to Swift's blockchain ledger and conduct payment transactions using bank-issued tokenized deposits. The first batch of client integrations is expected to go live within days, with the first transactions based on this distributed ledger technology (DLT) expected to be completed within weeks.In July 2026, Swift announced that its blockchain ledger was ready for initial use, with 17 banks from six continents planning to pilot cross-border payments based on tokenized deposits through the system. Subsequently, Standard Chartered and HSBC completed the first real-time cross-border transactions supported by the ledger, establishing connectivity between their respective tokenized deposit systems.Swift stated that the blockchain ledger will serve as a coordination layer for cross-border payments, supporting round-the-clock transfers of tokenized deposits held on participating banks' balance sheets, while continuing to complete clearing through existing financial infrastructures such as real-time gross settlement (RTGS) systems during the final settlement phase. (Cointelegraph)
Odaily News - DGrid AI's native token DGAI nearly doubled on its first day of trading, trading at approximately $0.73 on Tuesday, up nearly 93% over the past 24 hours, with a market cap of around $110 million and trading volume exceeding $165 million.DGrid AI is expanding its decentralized AI network, connecting users, developers, and distributed nodes to process AI inference requests. DGAI is used for payments, staking, and node rewards. The network employs a "Proof of Quality" mechanism to evaluate results, requiring node operators to stake DGAI, with penalties imposed for underperformance or violations.DGrid AI sold over 140 DClaw Boxes within hours at $1,580 USDT per unit, generating sales exceeding $221,000 USDT. The device is used to run DClaw personal AI agents, connecting users with AI models through a decentralized network of independently operated nodes. (Cointelegraph)
According to Cointelegraph, PFS maintainer Shipyard stated that due to Protocol Labs not renewing its funding support, it will cease engineering, maintenance, and infrastructure operations on September 30. Affected projects include Kubo, Helia, Boxo, Rainbow, IPFS Desktop, and IPFS Companion, among others, while related public infrastructure such as ipfs.io, dweb.link, delegated-ipfs.dev, and IPFS bootstrap nodes will also stop being operated by Shipyard.
Odaily News: Standard Chartered has become the first authorized bank to support the circulation of HKDAP. HKDAP is Hong Kong's first regulated, HKD-backed stablecoin. (Cointelegraph)
Odaily News: The U.S. Department of the Treasury has expanded its sanctions framework against Iran to include the digital asset sector, stating that related crypto payments exceeding $100 million have been used to facilitate Iranian crude oil sales. The Treasury's Office of Foreign Assets Control (OFAC) has also imposed sanctions on nearly 60 entities, individuals, and vessels involved in nuclear, missile, cyber, and crude oil networks.This digital asset-related sanctions designation allows OFAC to sanction foreign individuals and companies operating in Iran's digital asset sector or providing support services to related fields. The U.S. Treasury stated that Iran is increasingly using cryptocurrencies to evade sanctions, including processing transactions linked to Iran's Islamic Revolutionary Guard Corps (IRGC) and government insiders.The U.S. Treasury stated that Ivan Obukhov, a Ukrainian national based in the UAE, has processed over $100 million in crypto payments since 2023 to facilitate crude oil sales on behalf of the IRGC's Quds Force. OFAC has added Ivan Obukhov and his UAE-based company, Foscom FZE, to the sanctions list. (Cointelegraph)
According to Odaily, blockchain network BNB Chain has activated the Pasteur hard fork on the BNB Smart Chain (BSC) mainnet. The upgrade addresses cross-chain bridge verification, validator authorization, staking, and governance security, while increasing block capacity without altering the 450-millisecond block time.This upgrade includes BEP-682, BEP-695, and BEP-675, which pertain to duplicate validator entries, validator key rotation and penalty governance, and the block submission process, respectively. In the internal test environment QANet, the new process increased throughput from 1,237 transactions per second to 2,324 transactions per second, though these figures are from controlled tests and do not represent mainnet measurements. (Cointelegraph)
According to Cointelegraph, following the latest update to ESMA's MiCA register, the number of authorized crypto-asset service providers (CASPs) in Germany has increased to 79, continuing to lead the EU, surpassing France with 35 and the Netherlands with 29.
According to Cointelegraph, multiple banks and regulators have jointly launched the world's first quantum-resistant crypto asset transfer pilot. Leveraging U.S. NIST post-quantum cryptography standards, the initiative verifies digital asset custody and transfers on a quantum-resistant testnet to mitigate quantum computing threats. Participating entities include Bison Bank, DK Bank, and regulatory authorities from Abu Dhabi, Bhutan, Malta, and other jurisdictions. The Hong Kong Monetary Authority had previously required the banking sector to complete its quantum-safe migration by 2030.
Odaily News: Fintech institution Responsible Fintech Institute (RFI) and crypto asset custody infrastructure provider Safeheron have announced the launch of a pilot for quantum-resistant digital asset wallets and on-chain transfers, with participants from Europe, the Middle East, and Asia. The pilot runs on the quantum-resistant NEAR testnet and utilizes a multi-party computation protocol supporting the ML-DSA-65 standard.Participating regulators include Abu Dhabi Global Market, Bhutan's Gelephu Financial Services Office, and Malta's Financial Services Authority, with Bison Bank and DK Bank participating as financial institutions. Banks will test wallet generation and transfers in a shared application environment, with regulators observing in the initial phase and later participating in governance workflows.The organizers plan to publish a whitepaper covering research, protocol design, and test results, and will gradually open-source the underlying technology. The Hong Kong Monetary Authority plans to fully prepare Hong Kong's banking sector for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommends that financial institutions migrate to quantum-resistant systems in phases. (Cointelegraph)
Odaily News: Jacob Creech, Vice President of Technology at the Solana Foundation, stated that Solana has reduced its network slot time to 350 milliseconds, the first adjustment since the network's inception. He shared on X that the next step is to bring it down to 300 milliseconds.Solana's slot time browser shows the current average slot time is 360 milliseconds, down from the network's initial setting of 400 milliseconds. In June, the Solana Foundation unveiled a plan to shorten slot time from 400 milliseconds to 200 milliseconds, with three subsequent reductions of 50 milliseconds each.All four phases are planned to be activated on the mainnet via the validator client Agave v4.2, developed by Anza, though the timeline has yet to be finalized. The related proposal, SIMD-0525, was approved and merged on May 14. (Cointelegraph)
According to Cointelegraph, Capital Vault, an affiliate of trading platform Capital.com, has obtained a virtual asset license issued by the UAE's Capital Markets Authority (CMA), authorizing it to handle virtual assets and provide custody services as an agent or principal. Capital Vault will operate as an independent regulated entity, having already opened an office in Abu Dhabi and assembled a local virtual asset team. Once the service goes live, UAE users will be able to directly purchase and hold crypto assets via the Capital.com app, differing from its prior CFD business that only offered price exposure.
Odaily News Capital.com, a trading platform and contracts-for-differences (CFD) broker, has had its affiliated entity Capital Vault obtain a virtual asset license from the UAE's Capital Markets Authority (CMA), allowing it to conduct virtual asset trading as an agent or principal, as well as provide custody services to clients.Once the service goes live, UAE clients will be able to buy and hold crypto assets through the Capital.com app, with Capital Vault handling execution, custody, and settlement. This service is distinct from Capital.com's existing CFD products, which only offer price exposure and do not represent ownership of the underlying crypto assets.Capital Vault operates as an independent regulated entity, with its governance, custody, and risk arrangements separated from Capital.com's other businesses. It has established an office in Abu Dhabi and assembled a local virtual asset team.The approval follows the CMA's introduction of a virtual asset regulatory framework in April. The framework expands the number of regulated activities from three to eight, covering business conduct, alternative trading system requirements, anti-money laundering controls, and prudential standards. (Cointelegraph)
Odaily News: GnosisDAO has approved the transition of the blockchain network Gnosis Chain from a standalone Layer 1 network to a zero-knowledge proof-based Ethereum Economic Zone (EEZ) Rollup. The network will eliminate its independent validator set and instead rely on Ethereum validators to settle transactions.The proposal received 123,158 GNO in favor, 115 against, and 151 abstentions, involving 54 participants with a total participation of 123,425 GNO, exceeding the quorum threshold of 75,000 GNO. The upgrade is initially planned to launch in late 2026 or early 2027, depending on the technical readiness of the EEZ.After the upgrade, Gnosis Chain's native smart contracts will be able to call Ethereum and use the returned results within the same transaction, while also accessing Ethereum mainnet assets and liquidity. Gnosis Chain will become the first deployed EEZ instance, retaining its existing applications, balances, and xDAI fuel token. (Cointelegraph)
Odaily News: U.S. Democratic Senator Ruben Gallego stated at the Wyoming SALT blockchain conference that rushing the CLARITY Act to a Senate vote before resolving ethical concerns and stablecoin yield disputes could set back U.S. crypto market structure legislative progress.Gallego said the crypto industry should push for continued negotiations between Senate Democrats and Republicans rather than an immediate vote. Lawmakers still need to address portions of the bill under the Agriculture Committee's jurisdiction, integrate a broader package, and determine how to bring it to the House, while also working toward the 60-vote threshold needed to pass in the Senate.Gallego also noted that he and Republican Senator Thom Tillis submitted a compromise version of the ethics provisions to the White House before the congressional recess, but have not yet received line-by-line feedback. He believes that sufficiently strict ethics restrictions are a necessary condition for winning Democratic support and advancing the bill.On Wednesday, President Trump met with crypto industry executives at the White House and urged Congress to pass a "fair version" of the CLARITY Act. Senate leadership has delayed action until September, and Senate Majority Leader John Thune previously stated that lawmakers will prioritize the bill upon returning from recess. (Cointelegraph)
Odaily News: Standard Chartered and HSBC have completed the first real-time cross-border transaction executed via the Society for Worldwide Interbank Financial Telecommunication (SWIFT) blockchain ledger. The transaction exchanged payment messages through the SWIFT ledger, with the corresponding debts recorded respectively on HSBC's Tokenised Deposit Service and Standard Chartered's tokenised deposit infrastructure.The SWIFT ledger matches and nets off the debts of both parties before final settlement, with the ultimate settlement still completed through existing payment systems. The ledger is designed to connect tokenised deposits issued across different banking infrastructures, supporting round-the-clock cross-border payments while retaining existing settlement, compliance, and risk control mechanisms. (Cointelegraph)