BSC News

BlackRockは、約1,565万ドル相当の249.16 $BTCと、約56.6万ドル相当の301.76 $ETHを、ETFのウォレットから@Coinbase Primeへ移転しました。この動きは、資産運用会社の iShares Bitcoin Trust（IBIT）および iShares Ethereum Trust（ETHA）を経由してルーティングされ、本レポートが公開されるおよそ3時間前にオンチェーンで記録されました。
移動の背後にある日常のメカニズム
この移転は、標準的なETFの運用活動と一致しています。Coinbase Primeは、BlackRockの暗号資産ETFの適格カストディアンとして機能し、保有する基礎となるデジタル資産を安全に保管し、ファンドの基準価格が純資産価値（NAV）に連動するために必要な取引を促進します。これらの移転は、ETFの受益証券の新規発行・償還、そしてポートフォリオのリバランスを支える「配管」のようなものです。投資家需要が高く新しいETF受益証券が発行されると、基礎となる暗号資産を適切なカストディ口座へ移動させる必要があります。受益証券が償還されると、そのプロセスは逆方向に進みます。

@dfinity が開発したインターネット コンピューターのブロックチェーンは、リアルタイム・スループットで世界第2位の最速チェーンとしての地位を引き続き維持しており、1,386 TPS（$ICP）を処理しています。上位は唯一 @Solana で、稼働中ネットワークの中で最速の 1,944 TPS を記録しています。
明確な二層構造
上位2社とそれ以外の市場とのギャップは大きいです。@BNBCHAIN は3位で192 TPSですが、Solana やインターネット コンピューターがライブ環境で維持している水準の一部にすぎません。この差は、2つのリーダーが何で際立っているかを示しています。すなわち、彼らは現在、グローバル規模で「秒未満」の取引ファイナリティを達成できる唯一のネットワークです。

大手金融機関が連邦レベルの暗号資産枠組みを後押し
シティバンクは、米上院に対しデジタル・アセット市場の明確性法（Digital Asset Market Clarity Act）の可決を正式に求めました。ウォール街で最も著名な名前の一つを、デジタル資産に関する連邦規制枠組みを求めて議員に働きかける金融機関の拡大リストに加える形です。この動きは、9月に予定される重要な上院の採決が近づく中、暗号資産取引所@OKXやスタンダード・チャータードが行った同様の要請に続くものです。
同法案は、デジタル資産のための連邦的な市場構造を作り、SECとCFTCの間で監督を分担することになりますが、ドナルド・トランプ大統領の暗号資産保有に関連する倫理に関する文言は未解決のままです。デジタル・アセット市場の明確性法は、革新と強力な投資家保護、厳格な法執行手段の両立によって、米国を世界の暗号資本として確立するための大きな一歩となります。

CCIP は機関投資家向け資産のためのクロスチェーン標準となる
@Chainlink は、クロスチェーンのトークン転送、リアルタイムの資金レポーティング、オンチェーンの準備（リザーブ）検証にまたがる新たな統合群により、機関投資家向けオンチェーン資産のための「頼れる」インフラ層としての地位を固めています。
@Re プロトコルは、クロスチェーン・インフラを Chainlink CCIP に移行するための最新プロトコルです。総額 4 億 7,500 万ドル超の総ロック価値（TVL）を持つオンチェーン・再保険プロトコルの Re は、社内でクロスチェーン・インフラの評価を実施し、レイヤーゼロから CCIP へ移行しています。これは、時価総額 1 億 6,000 万ドル超のデポジタートークンである $reUSD の専用ブリッジング・ソリューションです。このプロトコルは、CCIP を使用して @Ethereum と @Solana の間で $reUSD の転送を保護します。各 CCIP ブリッジ・レーンは 16 の独立したノード運営者によって保護され、CCIP は SOC 2 Type 2 のアテステーションを提供するため、転送には機関投資家レベルのコンプライアンス基盤が与えられます。

アバランチのRWA取引量が360%急増
@Avaxは、30日間の現実世界資産（RWA）移転取引量が360.15%の急騰を記録したと投稿しており、チェーン上でのRWA取引活動の合計は3億6,529万ドルに達しています。これらの数字は、マネーマーケットファンド、株式、プライベートクレジット証券などのトークン化された金融商品がネットワーク上でどのように動いているかに構造的な変化が起きていることを示唆しています。
最新の数値は、アバランチ上での機関投資家の活動が加速しているというより広範な傾向を引き続き裏付けています。今年初めには、RWAの移転取引量が30日間で既に11,700%急増し、4億2,890万ドルに達していました。これは、トークン化された資産のパイプラインがいかに急速に構築されているかを示しています。アバランチは、機関の採用が拡大することに支えられ、またBridgetowerによって最近発表された110億ドル規模のトークン化イニシアチブにより、分散型トークン化RWAの価値で21億ドルに到達しました。

バンク・レウミとギャラクシー・デジタルが暗号資産取引で提携
イスラエル最大の銀行であるバンク・レウミは、@Galaxyhqと提携し、顧客向けにネイティブなデジタル資産の取引を提供します。これは同国の銀行業界にとって歴史的な「初」の取り組みとなります。この提携により、バンク・レウミはイスラエルで初めて、顧客に対してデジタル資産取引サービスを提供する銀行になります。
レウミとPEPPER（同行のモバイル・デジタル・バンキング部門）の顧客は、レウミ・トレードの資本市場アプリケーション内で、$BTC、$ETH、$SOLを含む選定されたデジタル資産を購入、保有、売却できるようになります。取引はアプリ内の専用のセキュアなセクションで行われ、当該サービスは2027年初頭に顧客向けに提供される見込みです。

@Binance is cutting off transaction support for at least 11 crypto-asset service providers, rolling out the restrictions in phased waves through August as the exchange aligns with new regulatory requirements worldwide.
A Phased Rollout of Restrictions
The first wave of restrictions took effect on August 7, targeting Shelbit and Aban Tether Exchange. A second round followed on August 13, blocking transactions with A7 Nigeria, A7 Africa, and PilotFinance Ltd.
Binance will block transactions with HTX, EXMO and additional crypto platforms over compliance rules starting August 23. The August 23 restrictions will also cover Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, and Exnode/Exnode Pay.
Users are advised not to send funds to or receive funds from the affected platforms through Binance once the relevant restrictions take effect, as any attempted transactions after those dates may be held for compliance review. Binance also warned that restrictions could be imposed on impacted wallets while reviews are underway, and that transactions involving the listed entities could potentially violate the exchange's Terms of Use.
EU Sanctions Drive the Action
The move is closely tied to the European Union's 21st Russia sanctions package. The EU identified HTX (Huobi Global SA) among a group of third-country financial institutions and crypto service providers that it said were significantly frustrating restrictions imposed over Russia's invasion of Ukraine. The restrictions aim to disrupt channels that authorities believe have allowed Russian users and entities to move funds and circumvent earlier financial limitations.
Unlike full asset-freeze designations applied to many banks and individuals in the same package, the action against HTX focuses specifically on prohibiting transactions rather than freezing assets. The package designated 218 individuals and entities, making it the largest batch of listings in four years.
The UK had separately sanctioned crypto exchange HTX earlier this year due to alleged ties to Russian sanctions evasion networks and illicit financial activity. HTX has previously maintained that the sanctioned Panamanian-registered company is distinct from its online exchange operations and that regulatory compliance remains a priority across jurisdictions where it is active.
For users on Binance, the practical message is straightforward: any transactions routed through the named platforms after the relevant cut-off dates risk being frozen pending a compliance review. Users should transfer any outstanding balances held on the affected platforms before the deadlines pass.
Sources:
Crypto Briefing: Binance to block transactions with HTX, EXMO and other crypto platforms
The Block: EU adds HTX to Russia sanctions list, barring transactions starting Aug. 23
Crowdfund Insider: EU includes crypto platform HTX in latest Russia sanctions package

82のアプリとカウント
Pi Network（@PiCoreTeam）は82件の稼働中メインネット・アプリに到達し、プロジェクトは象徴的に重要な100アプリ達成まであと18回のローンチに迫っています。この数値は、2026年5月時点でメインネットのアプリが67件しかなかったネットワークにおけるエコシステム構築の急加速を示しています。
Pi Networkは、モバイルアプリをダウンロードし、毎日のマイニング機構に積極的に参加している5,500万人超のエンゲージド・パイオニアの数を誇ります。これにより、ブロックチェーンの基準からすると、それらのアプリに対する潜在的なアドレス可能市場の規模が非常に大きくなっています。

CoinGecko's trending assets list is flashing a clear signal: retail-oriented and social-native tokens are commanding serious attention, with $PENGU (@PudgyPenguins), $CASHCAT (@cashcat_token), and $PUMP (@pumpdotfun) all sitting near the top of the rankings.
PENGU Leads, Backed by Brand Staying Power
$PENGU tops the trending list with a market capitalization of $389.3M. CoinGecko data shows a circulating supply of around 63 billion PENGU, supporting that valuation. The token is the fungible extension of the Pudgy Penguins brand. Pudgy Penguins is a collection of 8,888 penguin-themed NFTs on Ethereum that launched in 2021 and became one of the most traded blue-chip NFT projects during the 2021 to 2022 cycle. The persistence of PENGU's market cap reflects the durability of that brand, particularly notable given that most NFT-adjacent tokens have seen their market caps erode dramatically since 2022.
$CASHCAT (@cashcat_token) follows with a market cap of $135.5M, representing the growing class of social media-native crypto projects that generate community-first momentum before building out broader utility. $MOWCAT (@mowcatmeme), sitting further down the list at $19.6M, fits a similar profile.
PUMP Confirms Launchpad Infrastructure Has Become Its Own Asset Class
$PUMP (@pumpdotfun) carries a market cap of $1.1B, making it the heaviest-weighted name on the trending list outside of Bitcoin. CoinGecko places Pump.fun at a market cap of over $1.1B, ranking it #62 globally. The platform has become a dominant force in on-chain token creation. Although Pump.fun's share of total launchpad fees dropped sharply earlier in the summer due to competition, it rebounded to over 50% by mid-August as the overall launchpad market grew 77%, with Pump.fun's own fees rising 30% to $31.83M in that period.
Pump.fun also recently introduced new platform mechanics to sustain that momentum. Its BOOST mechanism, launched July 21, 2026, automatically reinjects previously locked liquidity via buybacks and burns after token migration, driving the token graduation rate to 6.7%, roughly eight times June's average.
$BTC rounds out the list in fifth place with a market capitalization of $1,260.9B, a reminder that even amid a rotation toward smaller, narrative-driven assets, Bitcoin's gravitational pull on the broader market remains intact.
Taken together, the composition of the trending list points to a market that is simultaneously chasing Bitcoin's macro narrative and rotating into high-beta social tokens and launchpad infrastructure plays.
Sources:
CoinGecko: Pudgy Penguins (PENGU) Live Price and Market Cap
CoinGecko: Pump.fun (PUMP) Live Price and Market Cap
CoinMarketCap: Latest Pump.fun News and Market Insights

30万トークン、そして続く
@Ponsdotfamilyは、Robinhood Chain上でのローンチから1か月未満で30万件を超えるトークンが鋳造されたことを達成しました。これは、新しいLayer 2ネットワークで見られる最も速い成長軌道の一つです。この節目は、チェーンが稼働を開始して以降に顕在化した、許可不要のトークン作成に対する桁外れの需要の大きさを裏付けています。
CryptoRankのデータによれば、Ponsは2026年7月1日のネットワーク公開メインネットローンチ以来、1,680,000件の取引で合計1億1,600万ドル超の出来高を生み出し、さらに約98,000ウォレットを獲得しています。7月下旬のある1日には、Ponsは12,384の新規トークンを鋳造し、その日のチェーン上で作られたすべてのトークンの約73%を占めました。これは、最も近いライバルの出力を6倍以上上回る規模です。

@Algorand is closing in on the launch of its most significant protocol overhaul to date. Node support for consensus v5.0.0 has crossed the 75% threshold, though a 90% supermajority is required before the upgrade goes live on mainnet.
Quantum-Resistant Accounts at the Protocol Level
The headline feature is native support for post-quantum (PQ) accounts using Falcon-1024 signatures, a lattice-based digital signature scheme selected by NIST for standardization that relies on the structure of NTRU lattice, providing strong resistance to quantum attacks while maintaining compact signatures and fast verification. Embedding this directly into the protocol addresses known weaknesses in elliptic curve cryptography, giving accounts protocol-level resilience rather than relying on workarounds.
Falcon-1024 sits at NIST security level 5, roughly comparable to AES-256. The main trade-off is size: a Falcon signature is about 1,280 bytes, compared to Ed25519's 64 bytes, around twenty times larger. As a result, transactions using Falcon signatures incur fees equivalent to three minimum transactions due to their larger size and higher computational verification requirements.
With this protocol release, legacy software development kits (SDKs) will support the derivation of Falcon-1024 accounts from the standard 25-word seed phrase. Native Falcon-1024 accounts will also be supported by SDKs, AlgoKit, and Pera Wallet.
Dynamic Fees and Expanded Smart Contract Capacity
Beyond security, v5.0.0 introduces a shift in how transaction fees are calculated. The upgrade introduces a new dynamic transaction fee structure that allows for the payment of fees reflecting the content and resource needs of each transaction, moving away from the flat per-transaction model that has been in place since launch.
Algorand's dynamic fee structure aligns with its broader roadmap, which includes congestion pricing mechanisms similar to Ethereum's EIP-1559. Although congestion tracking is now live, the associated fees remain inactive to ensure a smooth transition for decentralized applications.
The upgrade also raises the ceiling on smart contract size. The new rules raise the limit to up to seven extra pages, allowing a total of 16,384 bytes. Crucially, existing decentralized applications can take advantage of the larger program size without changing their Application IDs, meaning developers can expand contract logic without disrupting users or redeploying from scratch.
The v5.0.0 release represents the culmination of a phased post-quantum roadmap. Algorand's approach has come in phases: protect the past first, then live assets, then consensus. With node operators now voting, the network is on the cusp of completing the most consequential step in that sequence.
Sources:
Algorand Forum: MainNet and TestNet Update Go-Algorand 5.0.0
Algorand: Post-Quantum Cryptography Roadmap
Algorand: Post-Quantum Technology Overview

Single wallet adds 300 $BTC in under five hours
On-chain analytics platform Lookonchain flagged a significant accumulation event on August 14, 2026. Wallet 19pFLW purchased another 300 $BTC, worth approximately $19.03M at the time of the transaction, continuing what appears to be a deliberate and sustained buying campaign. The purchase was recorded in less than five hours, bringing the wallet's total holdings to 1,120 $BTC.
The wallet's spot position is now valued at roughly $70.43M, with an average entry price of $69,294 per coin. That average entry sits notably above current market levels. Bitcoin was trading near $63,550 as of August 12, 2026 , meaning the wallet is carrying an unrealised loss on its position, yet accumulation has not slowed.
Broader whale activity points to a confident large-holder base
The move by wallet 19pFLW is not an isolated event. On-chain activity shows whale accumulation running at nearly double March 2026 levels, even as smaller holders continue to sell. The on-chain data suggests that the largest holders have already made their directional bet ahead of any macro catalyst, adding aggressively at current levels rather than waiting for clarity.
The pattern is consistent with behaviour seen earlier this year. Bitcoin's latest on-chain activity suggests large investors continue to accumulate despite the asset trading below key resistance, with multiple wallets receiving substantial $BTC transfers from leading crypto institutions and exchanges, indicating that high-net-worth investors may be positioning for a larger move.
Bitcoin whales are typically defined as wallets holding 1,000 or more $BTC. By that measure, wallet 19pFLW has now crossed the threshold, making its continued buying all the more notable to market observers tracking large-holder conviction.
Whether the accumulation proves timely depends largely on how Bitcoin navigates its current technical picture. $BTC is caught in a range between $62,500 support and $65,000 to $70,000 resistance, trading below its key moving averages. For this whale, the average entry price of $69,294 means a recovery back toward those levels would be needed to move the position into profit.
Source: Lookonchain
Sources
KuCoin: Bitcoin Whale Accumulation Ahead of CPI
Coinpedia: Bitcoin Whales Scoop Up Over $127M in BTC
Fortune: Bitcoin Price August 12, 2026

交通コーンへの執着がミームコイン急騰を後押し
赤ちゃんのホッキョクグマに紐づいたソラナのミームコインが、今週の中でも特に意外性のある暗号資産ストーリーの一つになっています。MOMOTAとして知られるこのトークンは、過去7日間で1,400%急騰し、8月14日までの24時間でさらに22%上昇しました。これは@BSCNewsが引用したデータによるものです。
発想は至ってシンプルです。モモタは生後8か月のホッキョクグマの子で、交通コーンに対する愛らしい執着心を育てています。日常的な物体をお気に入りのおもちゃに変え、秋田県の男鹿市にある「秋田県立男鹿水族館」で囲いの中をのしのしと歩き回るのです。特に微笑ましいクリップでは、モモタが遊びに夢中になりすぎて、うっかり母親のモモを交通コーンで突いてしまいます。モモは素早くその物を脇へ投げ捨てますが、すると子グマはそれを取りに行って、すぐに遊びを再開します。この映像はソーシャルメディア上で急速に拡散され、水族館の通常の来館者を大きく超えたフォロワーを呼び込みました。

White House Authorizes Private Sector Cyber Operations
President Donald Trump (@realDonaldTrump) has signed a National Security Presidential Memorandum (NSPM) titled "Expanding Capabilities to Combat Transnational Cyber-Enabled Crime," authorizing the federal government to partner with vetted private U.S. companies to conduct cyber surveillance and disruptive cyber operations against foreign transnational criminal organizations that target Americans through online fraud, ransomware, and other schemes.
The memorandum directs the National Coordination Center to establish and manage a program allowing participating companies to propose and, with federal approval, carry out operations against Cyber-Enabled Transnational Criminal Organizations under the direction, control, and legal authorities of the U.S. government.
The program covers two distinct categories of activity. The first, Cyber Surveillance Operations, covers covert intelligence gathering from computer systems, networks, telecommunications infrastructure, or embedded devices. The second, Cyber Effects Operations, goes further: manipulation, disruption, denial, degradation, or destruction of information systems or infrastructure managed through information technology.
Participating companies must enter contractual agreements with the Justice Department or Department of Homeland Security, undergo vetting for their technical capability, security and reliability, and operate under federal supervision. The memorandum also requires participating companies to maintain a bond or escrow of at least $1 million that can be forfeited for noncompliance.
Crypto Fraud Losses Reach Record Levels
The policy arrives against a backdrop of sharply rising losses from cryptocurrency-related crime. The FBI's Internet Crime Complaint Center logged 181,565 cryptocurrency-related complaints in 2025, with reported losses of $11.366 billion, a 22% jump from 2024.
The FBI attributed most of these schemes to organized criminal enterprises in Southeast Asia that rely on trafficked labor inside scam compounds in Cambodia, Laos, and Myanmar. These schemes often involve long-term social engineering tactics, where victims are lured through social media, messaging apps, or dating platforms before being directed to fraudulent investment platforms.
Crypto scams accounted for over half of the $20.877 billion in total losses reported to the IC3, with over $11.366 billion in losses described as being related to cryptocurrency. Scams targeted individuals in the 60-plus age bracket, who lost over $4.4 billion in the past year.
Patrick Witt called the move a major step against scammers exploiting crypto, and the scale of the FBI's data makes clear why Washington is under pressure to act. The FBI's findings suggest that while enforcement actions have expanded, the scale and sophistication of crypto-related fraud continue to outpace mitigation efforts.
Sources:
White House Fact Sheet: Expanding Capabilities to Combat Transnational Cyber-Enabled Crime
FBI Press Release: Cryptocurrency and AI Scams Bilk Americans of Billions
CyberScoop: Trump turns to private sector in offensive hacking operations memo

トークン化された米国株がHyperliquidで提供開始
Chainlinkは、米国株およびETFのトークン化されたエクスポージャーがHyperliquidで利用可能になったことを確認しました。これは、従来型の株式市場をオンチェーンへ取り込もうという取り組みにおける注目すべき一歩です。この統合はxStocksとChainlinkのクロスチェーン相互運用プロトコル（CCIP）によって実現されており、対応アセットのチェーン間移動とHyperliquidの取引環境への受け渡しを担います。
xStocksは、米国の株式およびETFを1:1で裏付けたトークン化バージョンで、現在はHyperliquidのスポット取引インフラ上にあります。xStocksはKraken Groupの一部であるBacked Financeによって開発されており、米国株式やETFのトークン化された表現として提供することを目的としています。

Protocol 28 Adapterとは何ですか？
Stellarは、コードネーム「Adapter」としてProtocol 28の提供を開始しており、次の主要なネットワーク・アップグレードが進められています。このアップグレードは固定スケジュールに従って実施されます。8月13日に安定したStellar Coreのリリースが利用可能になり、その後8月21日までに追加のインフラおよびSDKのリリースが続きました。テストネットのアップグレード投票は8月27日17:00（UTC）に設定されています。メインネットのアップグレード投票は9月16日17:00（UTC）に続きます。SDK利用者は、各締切の前にツール群を更新することが推奨されます。
Adapterに同梱されている3つの変更のうち2つ（CAP-85とCAP-86）は、Sorobanのスマートコントラクトをより作りやすく、アップグレードしやすく、そしてスケールしやすくすることを目的としています。3つ目のCAP-83は、それらの土台となるコンセンサス層を強化します。

MSCI Targets Non-Operating Companies
MSCI has opened a consultation proposing to exclude so-called "non-operating companies" from its Global Investable Market Indexes (GIMI), a move that would directly affect major $BTC treasury firms. The index provider has opened a new consultation this month, proposing to identify and exclude "non-operating companies" from its Global Investable Market Indexes. The proposed classification would be based on five financial ratios rather than a threshold for cryptocurrency holdings.
Under the proposal, a company must first fail a core screen determining whether its asset structure reflects a sufficient level of operating assets. If it does, MSCI then applies an exclusion screen based on five non-industry-specific financial ratios, and a company is deemed ineligible if it fails four out of five of those tests.
Under this framework, Strategy's Bitcoin-buying model, which primarily raises equity and debt to accumulate $BTC rather than to fund software operations, would trip the exclusion criteria. Based on its FY2025 financial filings, Strategy reportedly fails all five of those tests. The same logic applies to Metaplanet, the Tokyo-listed firm that has built one of the world's largest corporate Bitcoin treasuries largely through share issuance.
Watchlist, Timeline, and Potential Market Impact
The proposed screen, if applied to the MSCI ACWI IMI Index based on company data as of May 2026, would have resulted in the deletion of three companies: Strategy, Metaplanet, and Yellow Cake. Three additional companies, including Ethereum treasury firm SharpLink, would land on a new public watchlist under the May 2026 simulation. Current index constituents failing the screens based on latest filings, but not failing for two consecutive years, would be placed on that watchlist and removed only if they fail again the following year.
MSCI builds stock market indexes that fund managers around the world use to decide which stocks to hold and in what proportion. A change to eligibility rules can trigger forced buying or selling from index-tracking funds worth trillions of dollars. Earlier projections suggested index-linked funds could be forced to sell around $2.5 billion to $2.8 billion worth of Strategy shares, though that estimate has since been revised to roughly $1.8 billion to $2.0 billion in potential outflows.
This is not the first time MSCI has moved against crypto treasury firms. A previous consultation focused specifically on Digital Asset Treasury firms closed in December 2025. MSCI ultimately decided not to exclude digital asset treasury companies from its global indexes at that time. The current proposal takes a broader approach, targeting any company that resembles an investment fund rather than an operating business.
MSCI has invited feedback from market participants through September 30, with results to be announced on October 16. Any resulting changes would be folded into the November 2026 index review, if the proposal is adopted at all.
Sources:
MSCI: Consultation on Eligibility of Non-Operating Companies for the MSCI Global Investable Market Indexes
CoinDesk: Bitcoin Holders Strategy and Metaplanet Face Stock-Index Exclusion Under MSCI's New Proposal
Crypto Briefing: MSCI Could Remove Strategy and Metaplanet from Indexes in November

A Korean Financial Giant Enters the Tokenization Arena
Shinhan Asset Management has signed a memorandum of understanding with Plume Network (@plumenetwork) to develop a proof of concept (PoC) for a Korean Won-denominated tokenized investment fund. Plume is a real-world asset focused Layer-1 blockchain, while Shinhan Asset Management is part of Shinhan Financial Group, one of South Korea's largest banking conglomerates.
The fund will be backed by short-term Won bonds, with pilot operations set to run in a separate jurisdiction outside South Korea. Shinhan's KRW ultra-short-term bond funds will serve as the underlying assets, with Plume testing the tokenization, distribution, and compliance infrastructure required for offshore markets.
Most tokenized fund products globally have been dollar-denominated, reflecting the greenback's dominance in capital markets. A Won-denominated product would serve Korean institutional investors who want exposure to tokenized fixed income without taking on currency risk.
Benchmarking BlackRock and Testing Compliance Rails
According to the press release, both companies will benchmark BlackRock's BUIDL model during the demonstration. BUIDL is the BlackRock USD Institutional Digital Liquidity Fund, a tokenized money market fund launched in March 2024 with Securitize as transfer agent. As of May 2026, BUIDL holds approximately $2.5 billion in assets under management across six chains, making it one of the largest tokenized US Treasury products available.
The PoC will specifically test KYC, AML, and whitelist-based transfer restrictions, mirroring the compliance controls that have underpinned BUIDL's institutional adoption. It is worth noting that the project does not involve actual fund issuance or distribution at this stage. The key variable to watch is whether this moves beyond the MOU stage into actual fund deployment, though the specificity of the agreement, naming the asset type, denomination, and offshore jurisdiction structure, suggests both parties have moved past the exploratory phase.
The Plume deal is part of a broader push by Shinhan into digital asset infrastructure. In July 2026, Shinhan Financial Group signed a separate MOU with Digital Asset, the enterprise blockchain firm, focused on tokenization and digital asset management for Korean securities.
Sources:
Plume signs MOU with Shinhan Asset Management for KRW-denominated tokenized fund - Crypto Briefing
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) Surpasses $1B in AUM - PR Newswire

A peer-reviewed study presented at USENIX Security '26 has put a number on one of blockchain's most persistent problems. Researchers identified 65,340 high-risk address instances across Ethereum and BNB Smart Chain, with associated asset losses amounting to roughly 127,000 ETH and 17,700 BNB, equivalent to over $574.8 million.
The loss figure was calculated using token prices as of May 2025, at $4,408 per ETH and $847 per BNB, meaning actual losses at the time of each incident may differ. Two active attack vectors described in the paper directly account for about $15.7 million, or 2.7% of the broader estimate.
How Attackers Exploit Address Misuse
The study separates the problem into contract-account misuse and externally owned account misuse. Contract-account misuse occurs when someone sends a function call to an address that has no contract code on the selected network. The transaction can still succeed as a simple transfer without executing the intended function, leaving funds stranded at that address unless later-deployed code can move them.
To build their dataset, researchers mined 63,004 GitHub repositories created between January 2015 and May 2025, as well as a Stack Exchange archive. They extracted more than 16.3 million deduplicated private keys from GitHub, then combined direct key matches with transaction-pattern rules and lightweight symbolic execution across Ethereum and BNB Smart Chain.
The research also flagged EIP-7702, a relatively recent Ethereum improvement proposal, as an emerging attack surface. With EIP-7702 delegation in place, the assets in a user's account may be entirely controlled by smart contracts. If a user unknowingly delegates their account to a malicious contract, an attacker could gain control and steal funds, according to Ethereum's own developer documentation. Anti-fraud service Scam Sniffer has confirmed that phishing attacks targeting EIP-7702-upgraded addresses have been on the rise.
High Detection Accuracy, Broad Implications
The authors reported 99.11% precision for their overall address-misuse detection. The researchers also noted that address misuse is not unique to EVM-based chains. Any account-based blockchain employing the same deterministic address derivation mechanism, such as Solana and its testnet, is susceptible to the same risks.
Both types of address misuse can also affect standard tokens such as ERC-20 and ERC-721 assets. The authors describe their findings as a lower bound for the severity of this risk, with plans to examine a broader range of chains and tokens in future work.
The findings underscore a structural vulnerability that spans two of the largest blockchain networks and reaches well beyond individual user errors, pointing to systemic gaps in how addresses are generated, reused, and verified across platforms.
Sources:
USENIX Security '26: Lost in Blockchain Address Misuse (Official Presentation Page)
CryptoSlate: Risky crypto addresses flagged in USENIX study
Ethereum.org: Pectra EIP-7702 Security Guidelines

クロンジェ：ほとんどのプロトコルは「真のDeFi」を置き去りにした
Flying Tulip（@flyingtulip_）の創業者で、Fantom Networkの開発者でもあるアンドレ・クロンジェ（@AndreCronjeTech）は、分散型金融セクターが起源からここまでかけ離れてしまったため、そこで説明する多くのものにこのラベルはもはや当てはまらない、と述べている。
イールド・ファイナンスのYearn FinanceやKeep3r Networkも創設したクロンジェは、Chain Reaction Xのスペースで、ほとんどのDeFiプロトコルはもはや真に分散化されていないとコインテレグラフに語った。「極めて小さなニッチを除けば、もうDeFiは存在しないと思う」と述べた。