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Blockchain network Harmony Protocol has taken the decision to wind down, worried that “threats posed by state actors and AI agents are too great.” Harmony informed users on Sunday via X that the project, launched in 2019, would migrate to Ethereum, where it hoped its $ONE token would be safer. However, the prevalence of hacks currently wreaking havoc on the Ethereum ecosystem suggests that Harmony may well remain exposed in its new home. On August 11, the protocol suffered an exploit which resulted in the “unauthorized minting” of 3 trillion native $ONE tokens. The team later executed a rollback of…

A top analyst at Shinhan Investment & Securities has reportedly asked Korean investors to rethink the old 60/40 stock-and-bond split. Park Woo-yeol, a senior analyst, now recommends a 60% stocks, 30% bonds, 8% gold, and 2% bitcoin portfolio, saying the standard 60/40 stock-and-bond portfolio has stopped doing its job. What changes should Korean investors make to their portfolios? Park Woo-yeol, a senior analyst at Shinhan Investment & Securities, has laid out a 60% stocks, 30% bonds, 8% gold and 2% bitcoin mix, and asked Korean investors to ditch the current 60/40 stock and bond split for it. Park argued at…

Robinhood Chain has continued to gain traction, consistently hitting major levels in key onchain metrics as the blockchain continues to see rapid adoption. While momentum on the Robinhood Chain is still building, the latest data from Token Terminal shows a significant surge in Ethereum activity on the network. Over $700 million of $ETH bridged Amid its consistently rising onchain activity, the layer-2 network has drawn attention after a sharp spike in bridge deposits between itself and the Ethereum network. Notably, the data shows that bridge deposits on Robinhood Chain have surged massively from previous levels, with the total now surpassing…

Bitwise has filed an amended S-1 registration statement for its spot Ethereum ETF, adding language around staking mechanics, validator operations, slashing risk, and staking-yield accounting. The filing is significant because staking remains one of the biggest unresolved questions around spot Ethereum ETFs. ETH is not just a passive asset. It secures a proof-of-stake network, and holders can earn rewards by participating in validation. ETF staking would change the product conversation. But the caveat is just as important: the SEC has not approved staking inside spot Ethereum ETFs. Bitwise’s filing is a proposal, not a green light. For more details, visit…

Poland’s failed crypto vote has left domestic firms unable to seek licenses while EU-authorized rivals continue entering the market.The Sejm failed Sept. 4 to override President Karol Nawrocki’s veto of legislation needed to implement parts of the European Union’s Markets in Crypto-Assets (MiCA) Regulation, prolonging a licensing gap more than two months after Poland’s transition period expired.Lawmakers recorded 241 votes to re-enact the bill, 198 against and three abstentions, falling short of the threshold required to overcome the June 11 veto.Without the legislation, Poland has yet to designate the domestic authority needed to process ordinary MiCA applications. The Polish Financial…

Tether’s Alloy gold-backed synthetic dollar reserves have crossed $210 million, according to the company’s transparency materials. The milestone relates to Alloy and aUSDT, not standard USDT reserves. That distinction matters because Tether’s main stablecoin is fiat-backed, while Alloy uses a different structure: a synthetic dollar overcollateralized by Tether Gold. In simple terms, Alloy is designed for users who want dollar-like liquidity while keeping exposure to gold-backed collateral. That makes it a different product from ordinary USDT, and it should be treated that way. For more details, visit the official Tether platform. TL;DR Tether’s Alloy reserves have crossed $210 million. Alloy’s…

Australia’s financial intelligence regulator AUSTRAC said Sept. 7 that it canceled, suspended or refused to renew 45 remittance and virtual asset provider registrations over the past year, highlighting how failures under the registration regime can cost businesses permission to operate.The disclosure covers both sectors, with AUSTRAC saying the actions removed those businesses from its registers. AUSTRAC CEO Brendan Thomas said businesses with canceled registrations can no longer operate. Related ReadingAustralia gives crypto firms until Sept. 30 to get licensed or risk enforcement AUSTRAC also linked its earlier cancellation of GetCoins, a virtual asset service provider, to disruption of alleged cryptocurrency…

Capital B SA has completed a €25.3 million capital increase and used the proceeds to buy 376 Bitcoin, adding another European name to the corporate BTC treasury trend. The company acquired the Bitcoin at an average price of €67,287 per coin, bringing its total treasury reserve to more than 1,800 BTC. That puts Capital B firmly into the category of public-market companies using Bitcoin as a central balance-sheet asset. It is not MicroStrategy. It is not Metaplanet. And it should not be confused with either. But the strategy is familiar: raise capital, buy Bitcoin, and make BTC a core part…

Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for new regulations and officials discussed the risks posed by international sanctions. The decisions put the limits of domestic crypto policy in focus: approval at home does not ensure access abroad.Zhao, known as CZ, said in a post that he attended in person and praised progress including a circulating KGST stablecoin. His post did not name USDKG, the separate gold-backed, dollar-pegged project whose issuer is on the UK sanctions list.USDKG provides a concrete example of the limits of government backing. Its published…

Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Robinhood Chain daily fees reach $6.04 million DefiLlama data showed Robinhood Chain collecting $6.04 million in transaction fees over the latest 24-hour period, exceeding the previous level of about $4.6 million and setting a record for the network. After deducting Ethereum settlement expenses and Robinhood Chain’s fee-sharing obligations to the Arbitrum ecosystem, the network retained approximately $5.44 million as chain revenue. Fees refer to the total amount users paid, while…