Solana validators overwhelmingly support SIMD-0326 Alpenglow consensus upgrade with 99.60% approval as revolutionary consensus mechanism would replace TowerBFT with direct voting system, reducing block finality from 12.8 seconds to as low as 100-150 milliseconds while achieving Web2-level performance.
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Category: Cryptocurrencies
Bank of China Stock Surges 6.7% on Shock Stablecoin Issuer License News — Is a Digital Yuan Rival Coming?
BOCHK’s potential entry is significant because it represents a major, state-backed financial institution embracing a field once dominated by crypto-native firms.
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Altcoin Season Goes Wild: MemeCore Rebounds 70% While Pump.fun Prints Volume, Monero Steadies
Altcoin season has unfolded unevenly, concentrating flows into tokens with liquidity and audience engagement. MemeCore has rebounded on community activity, Pump.fun has maintained turnover via launches, and Monero has held interest among privacy users despite wider market swings.
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South Korea FSC Chief Nominee Under Fire for Calling Crypto Worthless
South Korea’s FSC chief nominee has said Crypto is Worthless and has aligned with caution on virtual assets. He has questioned pension exposure, cited debate over a Bitcoin ETF, and backed stablecoin rules as retail interest has risen despite recent guidance curbing exposure.
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Metaplanet Bitcoin Holdings Climb To 20,000 BTC After $108.6M Purchase
Metaplanet added 1,009 Bitcoin to lift its holdings to 20,000 BTC, a stash now worth about $2.14b at current prices.
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Sonic Labs Gets Green Light to Issue $200M in Tokens for US Market Expansion
Sonic Labs has secured community approval to issue $200 million worth of its native S tokens, a move aimed at penetrating US capital markets.
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Nobel Prize-Winning Economist Warns Governments May Pay Billions If Stablecoins Collapse
Nobel laureate Jean Tirole warned that poor oversight of stablecoins could trigger runs and force governments into costly bailouts during a future crisis.
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Nike and StockX Settle NFT Trademark Dispute, Avoid October Trial
Nike and StockX have officially settled a long-running legal dispute over trademark use in sneaker-linked NFTs, bringing an end to a high-stakes court battle.
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Crypto Hacks Jump 15% in August with $163M Lost Across 16 Major Exploits
Crypto hacks surged 15% in August with $163M stolen across 16 major exploits according to PeckShield data exceeding July’s $142M total as hackers targeted exchanges, DeFi protocols, and individual holders through increasingly sophisticated social engineering attacks with single Bitcoin holder losing $91.4M after attackers posed as hardware wallet support agents.
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India Jails 14 for Life in Crypto Extortion Case Involving Cops, Ex-MLA
An Indian anti-corruption court has sentenced 14 men to life in prison for the 2018 kidnapping and extortion of a businessman over his cryptocurrency holdings.
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