Category: crypto

Upbit, a South Korean cryptocurrency exchange, announced the addition of PolySwarm’s NCT token to its Korean won market on August 26. NCT/KRW trading will begin with temporary restrictions, and Upbit will waive trading fees for the first 24 hours. NCT is used by PolySwarm for threat intelligence and security data services.

Ethereum developers warned that the upcoming Glamsterdam upgrade could disrupt a small group of Layer 1 smart contracts due to changes in gas pricing. The changes in EIP-8037 and EIP-8038 aim to adjust state creation and access costs, requiring developers to update their contracts and gas assumptions before mainnet activation.

ECB Executive Board member Piero Cipollone defended the digital euro’s privacy protections, stating that individual users cannot be connected with specific payments. The digital euro would offer stronger privacy than traditional bank transfers, limiting user tracking. However, digital rights organizations are concerned about relying on institutional assurances instead of technical protections.

Dallas Fed economists estimate that tokenized deposits could reduce U.S. banks’ capacity for long-term interest-rate exposure by $700 billion. Tokenized deposits, represented on a blockchain, could allow for faster fund transfers between banks offering higher yields. Banks may respond by raising deposit rates, increasing liquidity buffers, or issuing more wholesale debt.

Taurus has connected its custody and tokenization platforms to Swift’s blockchain ledger, allowing financial institutions to use bank-issued tokenized deposits for cross-border payments. The integration will enable banks to extend their digital asset capabilities while retaining control over their infrastructure. Initial client connections are expected within days, with DLT transactions to follow.

Ethereum researchers proposed a post-quantum-ready validator deposit contract to replace the current BLS signature system. The proposal supports variable-length public keys and signatures and includes a mechanism for staged transition and eventual phase-out of BLS deposits. The proposal is still in draft stage awaiting further review and discussion.

Fortune Protocol has integrated Polymarket liquidity into Fortune Markets, alongside Predict.fun, to provide users with a single interface to compare liquidity, volume, and market probabilities. The updated trading flow includes outcome selection and position previews, with a unified Portfolio for open positions, resolved markets, and trading history.

Stablecoin card spending has surpassed $10.9 billion in cumulative volume, with RedotPay predicting that annual spending could reach $50 billion by 2028. July card spending exceeded $1 billion for the first time, driven by adoption, clearer regulations, and cross-border payment use in developing markets like Latin America, Africa, and Asia-Pacific.

Metaplanet transferred 1,000 Bitcoin, valued at $80 million, to Coinbase Prime. This does not confirm a sale, as it could be for custody services. Metaplanet holds 43,000 Bitcoin worth $3.4 billion. Super League sold shares worth $2.23 million. The transfer could be related to a pending U.S. Bitcoin treasury transaction.

Monad has proposed a wallet security upgrade that separates permanent wallet addresses from the keys used to control them. This would allow users to replace lost or outdated credentials without changing their address, supporting social recovery, passkeys, and post-quantum authentication. The proposal is at an early stage and requires further technical specification.