Japan requests a tax exemption for trust-type stablecoins starting in 2027
The Financial Services Agency of Japan has submitted a request to regulatory authorities to exempt trust-type stablecoins from certain tax reporting requirements, to begin with the fiscal year 2027, if the necessary legislative approval is obtained. Based on the request submitted within the new fiscal year tax reform proposals, the agency seeks to exempt this type of stablecoin from filing trust reports for each beneficiary, along with account tables that include the beneficiaries’ names and their income.
Metaplanet transfers 4,800 BTC to Coinbase Prime amid speculation of a potential sale
Japanese firm Metaplanet, ranked as the fourth-largest institutional Bitcoin treasury, sparked a wave of market speculation after transferring 4,800 BTC worth approximately $377 million to Coinbase Prime today. According to Arkham Intelligence data, the move came after a series of other transfers carried out by the company over the past few days. It transferred 2,000 BTC worth $155.5 million two days ago, and was preceded by other transfers three days earlier totaling 3,331 BTC worth about $266 million. Six days ago, a transfer of 139 BTC worth $11.1 million was made.
Markets reprice September: What does that mean for Bitcoin this week?
Bitcoin enters its final week of August amid a complex mix of pressures: clear price resistance, a new shift in expectations for U.S. monetary policy, and sharp volatility in energy markets. With markets once again pricing in the possibility of a Federal Reserve rate hike in September, Bitcoin’s moves become more sensitive to any signal coming from U.S. labor market data.
More Markets Lending Reserve Drained of $9.3 Million via E-Mode and Liquid Staking Token
Web3 security platform Blockaid reported that the decentralized finance (DeFi) treasury infrastructure protocol More Markets suffered an exploit in one of its lending reserves on the Flow EVM network, involving digital assets totaling approximately $9.3 million. According to data shared by Blockaid in a post on the X platform on Monday, about 15.5 million WFLOW was withdrawn from the mFlowWFLOW lending reserve. Blockaid estimated the value of this amount at about $9.3 million.
Cronos Halts Network After Tectonic Exploit Estimated at $75 Million
Cronos halted its network after discovering a security exploit targeting the decentralized lending protocol Tectonic, in an incident estimated to have caused losses of around $75 million, while most funds remained on the Cronos network as of the time of writing. On Sunday, Cronos said it detected the exploit in Tectonic and decided to shut down the network, promising subsequent updates. At the same time, Tectonic warned users against interacting with the protocol while the investigation is ongoing. As of the time of publication, neither of the two projects has announced the final cause of the incident or the confirmed amount of losses, nor has a timeline for restarting the network been disclosed.
Saylor hints at Strategy’s return to buying Bitcoin after a two-month pause
Michael Saylor, the founder of Strategy, has posted a new signal on the X platform, saying: “We’re Back.” The move was interpreted by followers as a strong hint that the company is returning to buying Bitcoin after a hiatus that lasted about two months. Messages like these attract special attention in the market, because Saylor is known for posting cryptic hints during the weekend before the official Monday morning announcements about treasury purchases. Therefore, the final line could be read as a possible prelude to the resumption of institutional accumulation of Bitcoin.
Russian Sber considers loans backed by USDT and Ether as crypto trading regulation begins
Sber Bank, the largest bank in Russia, is preparing to expand asset-backed lending services to include USDT and Ether alongside Bitcoin, reflecting a gradual shift toward wider use of cryptocurrencies within the Russian financial system. According to statements by the bank’s deputy chairman, Anatoly Popov, Sber will adapt its current products and then expand them gradually as the new crypto law in Russia comes into effect. He explained that these assets will be added as collateral after the Bank of Russia allows them to be traded publicly.
Polygon reveals security vulnerabilities that were patched via hard forks before disclosure
Polygon revealed a set of security vulnerabilities that could have affected its Proof-of-Stake network, after they had been fixed previously through two hard-fork updates before being disclosed to the public. According to a disclosure issued by the investigators support team at Polygon Labs, the vulnerabilities affected the Bor and Heimdall clients, and included risks related to denial of service, draining the resources of validators, as well as a bug in processing checkpoints and milestones.
Tokenized Real-World Assets Market on Stellar Jumps to Nearly $4 Billion
The Stellar network witnessed a remarkable expansion in the tokenized real-world assets (RWA) market during 2026, as the total value of these assets rose by about 360% to reach approximately $4 billion, compared with $868.8 million at the end of the previous year, according to a Dune Analytics dashboard run by Stellar. Based on available data as of 29 August, the market value of tokenized assets on the network was $3.996 billion, distributed among U.S. Treasury bills, private and public credit, non-U.S. government debt, and other categories of tokenized assets.
Sharp jump in tokenized stock transfers on-chain over 30 days
The tokenized stock equities represented on-chain saw remarkable activity over the past thirty days, after the monthly transfer volume surged by more than 415% to reach $29.5 billion, according to RWA.xyz data. This growth is not limited to transfer volume alone, as the number of monthly active addresses rose by more than 209% to reach about 1.3 million addresses, while the number of holders of tokenized on-chain equities increased by 167% to reach 2.36 million holders during the same period.
Bullish provides USD.AI with a $100 million liquidity facility to fund GPU-backed loans
Institutional crypto trading platform Bullish announced that it has provided USD.AI with a $100 million stablecoin-backed lending facility, with the aim of financing loans secured by an existing GPU infrastructure. According to the announcement, USD.AI will use this facility to lend to AI infrastructure operators, with the loans supported by the same core graphics processing units rather than the borrowers' broader institutional assets. This model links stablecoin liquidity with the growing demand for funding AI computing power.
BIS: Stablecoins are not reliable for widespread payments
The Bank for International Settlements renews its criticism of stablecoins, at a time when government efforts to establish regulatory frameworks for these digital assets are accelerating. According to comments by the BIS Managing Director, Pablo Hernández de Cos, these currencies do not function reliably as a widely used means of payment, raising questions about their ability to become a daily, institutionally and globally accepted payment instrument.
Solana network validators have approved a proposal aimed at accelerating the annual contraction rate of the SOL token, in a move that reduces the amount of future token issuances. According to the final voting results, the proposal received 67% approval, 25.16% voted against it, and 7.84% abstained. The overall voter turnout was 60.7% of the eligible share.
Net Outflows of $201.8 Million Halt the Bitcoin ETF Inflow Streak and Pressure BTC Below $78,000
Bitcoin spot ETF inflows listed in the United States ended after a streak of nine consecutive sessions, turning on Friday to net outflows of $201.8 million, as Bitcoin slipped below $78,000. This shift is important because it reflects a rapid change in institutional investors’ appetite for the largest asset in the market. After a strong wave of buying that lasted nine straight sessions, just one session reversed the trend and put pressure back on the price, especially as the market approached a sensitive psychological and technical level at $78,000.
Capital B Raises $24.5 Million to Strengthen Its Bitcoin Treasury Amid Market Volatility
French company Capital B, specialized in Bitcoin vaults, announced that it raised €21.0 million, equivalent to $24.5 million, through a special share offering—a move that reflects the continued institutional bet on Bitcoin despite the uncertainty dominating the market. The round was carried out at a price of €0.58 per share within the ABSA structure, a share attached to four subscription warrants, and without preferential subscription rights. The financing included Adam Back, known in the Bitcoin community, along with the asset manager TOBAM.
California passes a bill restricting memecoin issuance by public officials
California has taken a new regulatory step toward the memecoin market after the state’s Senate approved a bill aimed at limiting public officials’ participation in this type of digital asset, amid concerns related to conflicts of interest and “pay-to-play” arrangements. The California State Senate voted in favor of Assembly Bill 2409 by a margin of 40 to 0 on Wednesday, according to Legiscan data. The state’s Assembly then voted 78 to 0 to approve the Senate amendments. The bill has therefore moved to the final approval stage and is now awaiting the Governor’s signature.
Charges in Poland link a sports official to the Zondacrypto investigation
Prosecutors in Poland have brought charges against the head of the Polish Olympic Committee, Radosław Biesiewicz, as part of an investigation related to the stalled Zondacrypto platform, in a new development that highlights how wide-ranging the probe into the collapsed platform has become. And Polish Justice Minister and Prosecutor General Zbigniew Ziobro announced in a post on the X platform on Thursday that authorities had detained Biesiewicz in connection with the investigation. He later said that prosecutors filed charges against him under two provisions of the Polish Criminal Code.
OneKey Reproduces Transaction Replacement Attack on an Older Version of the Ledger Ethereum App
The Internal Security team at open-source wallet provider OneKey said it succeeded in reproducing an exploit targeting an older version of the Ledger Ethereum app on the device, but only within a test environment. According to OneKey founder and CEO Yishi Wang, what is known as a transaction replacement attack was carried out against version 1.22.1 of the Ledger Ethereum app by exploiting a vulnerability that had previously been fixed. This type of attack allows attackers to replace the transaction the user is waiting to sign, while the original transaction is still being reviewed on the device.
BitGo acquires NYDIG’s institutional trading arm and expands its derivatives and financing capabilities
BitGo announced that it has completed its acquisition of NYDIG’s institutional trading business, a move that strengthens its presence in enterprise-focused digital asset services and adds broader capabilities to its platform in derivatives and financing. The company said the deal was completed under a definitive agreement and includes the proprietary trading relationships of NYDIG’s institutional clients, along with about 30 employees who joined BitGo after the transaction closed. The two companies did not disclose the financial terms of the deal.
The Sandbox Commits to 1:1 Compensation After a $700,000 Bridge Hack
Blockchain game project The Sandbox announced it will compensate eligible SAND holders on a 1:1 basis after a bridge hack occurred on August 21, resulting in the withdrawal of 14.744 SAND from a treasury on the Ethereum network, valued at roughly $700,000. This pledge came in a post-incident report published by the company, which stated that users who had legally held SAND connected on the Base and BNB Smart Chain networks prior to the attack would receive an amount of SAND backed on Ethereum that is equal. The compensation will be funded from the project’s treasury, without issuing any new tokens.