Cointelegraph

South Korea’s Shinhan Asset Management signed a memorandum of understanding (MOU) with tokenization-focused blockchain network Plume to develop a proof of concept for a Korean won-denominated tokenized fund.
The pilot project will use a Shinhan won-denominated ultra-short-term bond fund as its underlying asset and BlackRock’s BUIDL tokenized fund as a benchmark to test the issuance and distribution process, Shinhan said on Friday.
The companies will also test compliance requirements for tokenized investment products, including whitelist-based transfer restrictions, onchain operations, Know-Your-Customer checks and Anti-Money Laundering controls.
Shinhan said the pilot is intended to test the overseas use of won-denominated financial products in onchain markets that have largely developed around dollar-denominated assets.
In April, fellow Shinhan Financial Group affiliate Shinhan Card signed an MOU with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets. Another group affiliate, Shinhan Bank, completed a stablecoin remittance pilot in July 2023.
Magazine: South Korea lifts 9-year corporate crypto ban: What the policy change means

RedotPay’s plans for a US stock market debut have reportedly been delayed as the stablecoin payment company prepares to expand into the country.
The company delayed plans for a US initial public offering (IPO) while it seeks regulatory approvals and contends with legal disputes involving Binance, Bloomberg reported on Friday, citing people familiar with the matter.
A RedotPay representative declined to comment on the timing of an IPO to Cointelegraph. The representative instead pointed to the company’s US expansion, saying RedotPay obtained a money transmitter license in the US this week and is preparing to launch its product in the country.
The reported setback follows a nearly $473 million lawsuit filed by Binance affiliates and comes as RedotPay works to expand its regulatory footprint in the US and other markets.
RedotPay’s IPO ambitions surfaced in February
RedotPay, founded in 2023 and based in Hong Kong, first emerged as a potential US public-market entrant in February, when reports surfaced that the company was considering a New York listing.
RedotPay has reportedly been working with JPMorgan Chase, Goldman Sachs and Jefferies Financial Group on a listing that could raise more than $1 billion. At the time, the company was seeking a valuation of more than $4 billion.
Separately, RedotPay has reportedly been in talks to raise up to $150 million in new funding amid organizational changes and preparations for a potential IPO. “As we transition from an early-stage startup to a unicorn, we are evolving our organizational structure and talent pool to support our ongoing growth trajectory,” RedotPay told Cointelegraph in March.
Binance lawsuit adds legal pressure
Binance affiliates sued RedotPay’s founders in Hong Kong earlier in August, seeking nearly $473 million in damages over allegations that they diverted hundreds of thousands of customers from Binance to RedotPay.
The plaintiffs allege that RedotPay’s founders used confidential information obtained through their previous work with Binance to build a competing payments business and attract Binance users. RedotPay rejected the allegations and told Cointelegraph it would “vigorously defend all claims.”
The dispute has also spilled into Singapore, where Binance and RedotPay disagree over the fate of a related case. RedotPay told Cointelegraph this week that it expected Binance to discontinue the case, while Binance rejected that account and said its claims remain active.
Magazine: Inside the fake crypto startup that fooled North Korean IT workers

金融紙フィナンシャル・タイムズによれば、JPモルガン・チェースは規制上の懸念を理由に、ポリーマーケットとの銀行取引を終了した。
金融紙フィナンシャル・タイムズによると、JPモルガンは2025年10月、予測市場プラットフォームに対し、新しい銀行を見つける必要があると通知した。事情を知る関係者の話として同紙が報じた。ポリーマーケットは現在、別の名の明かされていない貸し手と取引している。
ただし、JPモルガンはポリーマーケットとの他のつながりは維持しているという。同行は、ポリーマーケットが上場を試みる場合の引受（アンダーライティング）役の可能性に前向きだとされる。ポリーマーケットは、JPモルガンとは「緊密で活発な関係」が継続していると述べたと報じられている。

Crypto remains a marginal payment option among euro area businesses even as other forms of digital payments gain ground, according to a new European Central Bank (ECB) report.
Just 0.2% of companies selling goods and services online accept crypto assets, the ECB said in its survey on companies’ cash use, published Thursday. Cash remains the most widely accepted payment method, with 92% of companies with physical points of sale accepting it.
The ECB surveyed 8,205 businesses across the 21 euro area countries, covering retail, restaurants and cafes, hotels, and arts, entertainment and recreation. Market research firm Ipsos conducted the telephone interviews from Feb. 23 to April 10.
The findings come as the ECB advances work on a digital euro, a central bank digital currency (CBDC) designed to complement cash and preserve the euro’s role.
Mobile payments are catching up
Mobile payments recorded the biggest shift among payment methods at physical locations, with acceptance jumping to 68% in 2026 from 36% in 2024.
The most commonly accepted mobile options include instant payments and digital wallets, such as Apple Pay and Google Pay.
Acceptance of various payment instruments, 2024 versus 2026. Source: ECB
Cash edged up to 92% from 90%, while physical card acceptance rose to 88% from 87%. Crypto assets and stablecoins showed virtually no momentum at physical points of sale, remaining below 1% acceptance in both 2024 and 2026. Acceptance of bank checks, meanwhile, fell to 27% from 36%.
Merchants cite consumer preference as top payment factor
Consumer preference was the biggest factor companies considered when choosing which payment methods to accept, cited by 26% of respondents, followed by security at 22% and ease of handling at 15%.
Businesses that reject cash most often cited weak customer demand, at 36%, and difficulties depositing or withdrawing it, at 35%, while 29% pointed to security risks.
Most important criteria when choosing to accept a means of payment, euro area, 2026. Source: ECB
The longer-term outlook varies sharply by country, with 51% of cash-accepting small and medium-sized enterprises in Cyprus saying they may stop accepting cash, compared with 23% in Greece and 18% in Bulgaria.
What counts as accepting crypto?
The ECB survey asked companies whether they accept crypto assets or stablecoins, citing Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) as examples.
Some crypto payment services allow merchants to receive settlement in traditional currency even when customers pay with crypto. The survey does not specify whether merchants should count such payments as crypto acceptance.
Cointelegraph asked the ECB whether converted crypto payments could therefore go unreported by merchants and whether regulatory uncertainty could affect companies’ answers. The ECB said it “prefer[s] not to speculate.”
Asked whether euro area merchants are permitted to accept crypto under European Union rules, the ECB said it does not set payment regulation and referred Cointelegraph to the European Commission and national lawmakers.
Magazine: El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’

The US Securities and Exchange Commission (SEC) has cancelled an open meeting scheduled for Friday that was expected to consider new cryptocurrency rules.
The SEC said Thursday that the meeting had been cancelled. The commission had been expected to consider whether to propose a “tailored offering regime for certain investment contracts involving crypto assets.”
The SEC told Reuters that the meeting would be moved due to “an unforeseen scheduling issue.” The agency did not immediately respond to Cointelegraph’s request to comment.
The Senate left for its August recess without voting on the Digital Asset Market Clarity Act, which would provide a comprehensive framework for financial regulators overseeing the crypto industry.
SEC Chair Paul Atkins told CNBC on July 27 that the agency was “ready, willing, and able to come out with rules“ on digital assets if the Senate failed to pass the CLARITY Act.
Magazine: How the EU’s crypto tax rules are expected to work for users and platforms

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear.
On Thursday, Neutrl said it had also paused other protocol functions on legal advice while it assesses the impact. The protocol did not identify the affected asset or counterparty, say whether reserves suffered a realized loss or provide a timeline for resuming operations.
Structured-yield protocol Strata later said it paused minting, redemptions and related functions for contracts in its Neutrl market, which supports several NUSD-linked products. Strata said its other markets remained operational.
With about $53.6 million in NUSD in circulation, the suspension prevents approved counterparties from exchanging the token for its backing assets while Neutrl determines whether its reserves have been impaired. Neutrl said it would provide timing and next steps when available.
Cointelegraph contacted Neutrl for comment but had not received a response by publication.
NUSD supply falls 18% over 30 days
According to RWA.xyz, NUSD had a market capitalization of about $53.6 million on Friday, down 18.4% over 30 days, while monthly transfer volume fell 72.4% to $71.4 million. However, the data does not establish that the earlier contraction was related to the reserve issue.
The synthetic dollar is designed to track the US dollar using yield-bearing crypto assets and market-neutral strategies rather than deposits held in a bank. RWA.xyz showed NUSD trading at about $0.9984, with 615 holders and 347 active addresses over the preceding 30 days.
On May 25, verification platform Accountable said its Neutrl dashboard provided continuous cryptographic proof that NUSD reserves matched the protocol’s liabilities.
A February assessment by risk-advisory team BA Labs nevertheless classified a proposed Neutrl integration as higher risk because of counterparty, operational and liquidity exposure. It said direct redemptions were limited to KYC or KYB-approved counterparties and that requests exceeding the liquid buffer could enter a queue targeted for completion within 48 hours, without a guarantee.
BA Labs estimated NUSD supply at $226 million and reserves at $233.7 million at the time, implying a 103.6% collateralization ratio. It said more than 87% of reserves were held through Fireblocks, while smaller amounts sat on centralized exchanges.
Magazine: Inside the fake crypto startup that fooled North Korean IT workers

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly profit nearly tripled.
On Thursday, Figure said net income rose 192% year over year to $87 million, from about $30 million. Net revenue more than doubled to $226 million, while its net income margin increased 10.5 percentage points to 38.8%.
Figure’s marketplace volume includes home equity lines of credit, debt-service coverage ratio loans and personal loans processed through its loan origination system, along with third-party loans traded on Figure Connect, which accounted for $2.8 billion, or 65%, of the quarterly total.
Volume on the marketplace, which Figure launched in June 2024, increased 262% from the same period last year. The company also added 102 loan-origination partners during the quarter, bringing its total to 489.
CEO Michael Tannenbaum said weekly loan applications surpassed $1 billion in July. Figure expects consumer loan marketplace volume of between $4.8 billion and $5.2 billion in the third quarter.
Bernstein analysts predicted in May that Figure would post record second-quarter volume, citing live blockchain data that they said could increasingly allow investors to track the company’s lending activity in real time.

The Ethereum Foundation is moving away from the Poseidon hash function in its planned post-quantum architecture, according to researcher Justin Drake.
On Thursday, Drake said the foundation was abandoning Poseidon and turning to established alternatives such as SHA or BLAKE. A hash function converts data into a fixed digital fingerprint, enabling computers to check that information has not been altered.
Poseidon had been considered for future post-quantum systems such as leanVM, which would help Ethereum efficiently verify large volumes of blockchain activity. Those systems have not yet been deployed on mainnet.
Drake said advances in SNARKs, which are compact proofs used to confirm computations without repeating underlying work, mean conventional hashes can now perform efficiently enough to replace Poseidon in those planned systems.
He said a production-ready leanVM is targeted for 2027, followed by deployments across Ethereum’s consensus, data and execution layers in 2028. The dates remain preliminary.
Eigen Labs founder and CEO Sreeram Kannan said established hash-based systems have fewer known avenues of attack than other post-quantum approaches and could be deployed faster because they have already undergone years of scrutiny.
Kannan said joint work with the foundation and zero-knowledge proof company Succinct had increased proving speeds by 2.5 times.

The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.
In a Thursday notice, the Baltimore mayor’s office said that the two prediction market companies operated “illegal, unlicensed sports-betting platforms” and misled users about the ”legality and regulatory status of their products.” The lawsuits are centered on claims disputing Kalshi’s and Polymarket’s characterization of event contracts, arguing that the trades amount to unlawful wagers under state laws.
“These companies are running sportsbooks without licenses and betting that a new label will put them above the law,” said Scott. “It won’t. Baltimore will not let multibillion-dollar companies put profits over people and harm our communities through illegal gambling.”
Notably, the city’s complaint against Kalshi included Robinhood, Webull and Coinbase as partners with the prediction market platform. All companies were accused of deceptive practices by marketing sports contracts as something that can ”lawfully be purchased and traded in Maryland.”
The legal action against prediction market companies was the latest conflict between US state and federal authorities, and many experts expect it to end with an appeal to the Supreme Court. The US Commodity Futures Trading Commission (CFTC), under Chair Michael Selig, and companies have argued that event contracts on prediction markets amount to “swaps” within its purview, while both Baltimore lawsuits and other state-level authorities dispute that claim.
“City-specific action runs counter to the CFTC’s established framework for regulating prediction markets,“ a Polymarket spokesperson told Cointelegraph in response to the lawsuit. “As courts have recognized, prediction markets on CFTC-registered exchanges are governed by federal law, not a patchwork of state and local rules.”

Tether completed the first full independent audit of its annual financial statements, with KPMG US issuing a clean opinion on the stablecoin issuer’s 2025 accounts.
The audit covered Tether’s balance sheet, income statement and cash flows for the year ended Dec. 31, 2025, including the assets backing its issued tokens and the liabilities they represent. Tether said the audited statements showed reserves exceeding liabilities by $6.814 billion.
Unlike Tether’s quarterly reserve attestations, which it has published for years, the full audit subjected the company’s broader financial statements and underlying evidence to independent examination, including transactions, systems, ownership records, valuations and counterparties.
Source: Paolo Ardoino
As part of the audit, KPMG physically inspected and counted Tether’s gold holdings, verifying each bar rather than relying solely on custodian records.
Tether said KPMG issued an unqualified opinion on the statements, finding they fairly presented the company’s financial position, results and cash flows in all material respects under US accounting standards.
Related: Tether signs tokenization deal with Nairobi Securities Exchange
Tether’s growing financial footprint
Tether launched its USDt (USDT) stablecoin in 2014 and has since grown into one of the crypto industry’s largest companies, generating more than $10 billion in net profit in 2025. In the second quarter of this year, the company reported $1.5 billion in net operating profit, driven largely by income from its US Treasury holdings and repurchase agreements.
USDT remains the company’s core business and dominates the stablecoin market. Its roughly $183 billion market capitalization accounts for about 61% of the $301 billion market, more than twice the roughly $72 billion held by its nearest rival, Circle’s USDC (USDC), according to DefiLlama.
Stablecoin market cap. Source: DefiLlama
Tether has used its profits to expand beyond stablecoins, investing $20 million each in Argentine neobank Ualá and Brazilian crypto platform Mercado Bitcoin this year, while leading a $50 million funding round for AI sleep technology company Eight Sleep.
The company has expanded its tokenized gold business as well, with physical reserves backing Tether Gold (XAUt) rising 9.5% in the second quarter. At the time of writing, XAUt is the largest tokenized commodity product, with around $2.7 billion in value, according to data from RWA.xyz.
Despite the company’s growth, Tether CEO Paolo Ardoino has shown little interest in taking it public. In June 2025, amid speculation over a potential Tether IPO, Ardoino wrote on X: “No need to go public.”
Source: Paolo Ardoino
Magazine: Inside the fake crypto startup that fooled North Korean IT workers

韓国で、裁判官がDelioのCEO、チョン・サンホに対し、暗号資産で約5000万ドル相当をだまし取ったとして有罪と認定した後、懲役15年を言い渡したと報じられた。
南韓のニュースメディアNewsisによる木曜付の報道によると、ソウル南部地裁第11刑事部は、横領および偽の取引許可証の使用に関連する罪で有罪判決を受けたチョンに対し判決を言い渡した。一方、CEOはユーザーから1億7500万ドルをだまし取ったとしても拘束は受けなかった。
「Delioを運営している間、[チョン]は仮想資産の取引ライセンスを虚偽により取得し、被害者から約700億ウォン（［4,930万ドル］）相当の仮想資産をだまし取った」と裁判所は述べ、さらに続けて：

米商品先物取引委員会（CFTC）は、当局の政策課題について助言する委員会の会合を発表した。そこには、議会の行動がない場合に暗号資産の規制にどう対応するかを検討する可能性も含まれる。
木曜に出された通知で、CFTC（米商品先物取引委員会）は、暗号資産、AI、予測市場に関連する規制について議論するため、8月20日にイノベーション諮問委員会の会合を開催するとした。同じく暗号分野で取り上げられる可能性のあるテーマの一つとして「将来の連邦議会の立法を補完し得る規制対応の領域」が挙げられており、先週の8月休会入りまでに米上院がデジタル・アセット・マーケット・クラリティ（CLARITY）法案を前進させられなかったことを指している可能性がある。

The Blockchain Association urged the US Supreme Court to hear Custodia Bank’s challenge to the Federal Reserve’s denial of its application for a master account, which would give the crypto-focused bank direct access to the Fed’s payment system.
In an amicus brief filed Wednesday, the industry group argued that federal law requires the central bank to make its payment services available to eligible nonmember banks and that the Fed should not have broad discretion to deny access.
The association said the appeals court’s decision effectively gives the Fed veto power over state-chartered banks by allowing it to withhold services needed to operate independently. It also linked Custodia’s case to alleged crypto debanking under “Operation Choke Point 2.0,” arguing that federal regulators discouraged banks from serving the digital asset industry.
Custodia, a Wyoming-chartered bank focused on digital assets, applied for a Fed master account in 2020, seeking direct access to the central bank’s payment services without relying on an intermediary bank.
The Federal Reserve Bank of Kansas City denied Custodia’s application in 2023, and the Tenth Circuit Court of Appeals later ruled that the regional Fed bank had discretion to reject its request. In March, the appeals court voted 7-3 against rehearing the case, leaving the Supreme Court as Custodia’s only remaining avenue for review.
The Blockchain Association said the Tenth Circuit interpreted the Fed’s authority too broadly, potentially allowing it to deny payment-system access to eligible state-chartered banks serving the crypto industry.
Blockchain Association backs Custodia’s Supreme Court petition. Source: US Supreme Court filing
Crypto companies push deeper into US banking
Custodia’s challenge comes as other crypto companies are gaining greater access to the US banking system, including federal charters and, in one case, direct access to Federal Reserve payment rails.
In March, Kraken Financial became the first crypto banking unit to receive a limited-purpose master account from the Federal Reserve Bank of Kansas City, giving it direct access to Fedwire. The approval contrasts with Custodia’s rejection by the same regional Fed bank in 2023.
In April, Coinbase received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust company, bringing its custody business under federal oversight without allowing it to take retail deposits or operate as a commercial bank.
Circle received final OCC approval for its national trust bank in July, while Kraken parent Payward applied for its own national trust company charter the following month. The OCC also conditionally approved national trust bank applications from Ripple, BitGo, Fidelity Digital Assets and Paxos in December.
The trend has drawn resistance from traditional banking groups. The Independent Community Bankers of America opposed Coinbase’s approval in April, arguing that crypto companies are seeking the benefits of bank charters without being subject to the full regulatory framework applied to traditional banks.
Magazine: Bitcoin will never fall below $60K again: Nansen founder

Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting users and assets, according to Standard Chartered.
In a recent note, Standard Chartered analyst Geoffrey Kendrick said Robinhood Chain has grown to nearly $1 billion in total value locked (TVL), which he described as the fastest growth of any blockchain by that measure. Virtually all of Robinhood Chain’s liquidity needs are being met through Uniswap V2, V3 and V4, Kendrick said.
The arrangement gives Robinhood access to established decentralized finance infrastructure as it scales its blockchain, potentially strengthening its ability to attract users without having to build liquidity from scratch.
The partnership is also having a significant impact on Uniswap’s token economics. According to Standard Chartered, protocol fees generated through Robinhood are now the largest source of UNI token burns.
The UNI burn rate has roughly doubled since a Robinhood-linked fee switch was activated on July 27, reaching an annualized pace of about $90 million. At UNI’s current price of roughly $3.50 apiece, that would translate to 25 million UNI tokens, or just over 4% of the circulating supply, being burned annually.
Robinhood Chain’s liquidity sources. Source: Standard Chartered
Robinhood Chain launched on July 1 with a focus on bringing real-world assets onchain. Adoption accelerated quickly after launch, reaching 194,000 daily active users during its first week.
Robinhood’s crypto push expands into tokenization and prediction markets
Robinhood Chain is part of the brokerage’s broader push beyond traditional stock trading, with the company expanding into crypto, prediction markets and tokenization. The strategy has drawn attention from Wall Street, with analysts at Bernstein raising their price target for Robinhood (HOOD) stock to $160 per share and identifying tokenization and prediction markets as key growth drivers.
HOOD shares were up more than 4% on Thursday, extending six-month gains to almost 30%. Source: Yahoo Finance.
The expansion has coincided with mixed trends across Robinhood’s crypto business. The company reported record revenue and earnings in the second quarter, even as crypto trading volumes and revenues declined.

Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC), in another sign of the sector’s evolution beyond creating more crypto.
In the latest Miner Weekly newsletter, BlocksBridge Consulting reported that realized hashrate among a cohort of public Bitcoin miners fell from 368.3 exahashes per second (EH/s) in the fourth quarter of 2025 to 319 EH/s in the second quarter of 2026, a 13.4% decline.
The contraction was even sharper when excluding Bitdeer, which continued to expand its mining operations. Without Bitdeer, the cohort’s realized hashrate fell 21.2% over the six-month period, from 324.6 EH/s to 255.9 EH/s. Bitdeer’s realized hashrate, meanwhile, increased 44% to 63 EH/s.
By comparison, the Bitcoin network’s average hashrate declined 10.6% over the same period.
The shift comes as more miners report a growing share of revenue from non-mining activities. Core Scientific generated $136.7 million in colocation revenue during the second quarter, compared with just $27.5 million from Bitcoin mining. TeraWulf reported $31.9 million in HPC lease revenue, compared with $12.8 million from mining.
Core Scientific and TeraWulf are now generating the majority of their revenue from non-mining activities.
Source: TheEnergyMag
Riot Platforms and Bitdeer remain much earlier in the transition, with Bitcoin mining continuing to account for the vast majority of their revenue in the most recent quarter.
Unwinding post-China mining boom
BlocksBridge framed the current pullback as an unwinding of the expansion cycle that followed China’s Bitcoin mining ban in 2021, which triggered one of the sharpest declines in network hashrate before a rapid recovery as miners relocated overseas.
In North America, that migration helped fuel an expansion among public miners, which raised capital and acquired new power sites to expand their operations.
One halving cycle later, the economics have shifted significantly. Weaker mining profitability, coupled with surging demand for AI infrastructure since 2022, has prompted several public miners to repurpose sites and power capacity away from Bitcoin mining entirely.

Bullish shares jumped around 13% in early trading Thursday after the institutional-focused crypto exchange and CoinDesk owner reported a 62% year-over-year increase in second-quarter adjusted revenue and more than tripled its adjusted EBITDA.
Bullish reported $92.6 million in adjusted revenue for the quarter, up from $57 million a year earlier, while adjusted EBITDA rose to $29.5 million from $8.1 million. Adjusted net income reached $14.3 million, reversing a $6 million loss in the year-ago quarter.
Subscription, services and other revenue hit a record $62.7 million, helping offset weaker exchange activity. The company recorded $179.6 billion in quarterly trading volume, down from $197.4 billion a year earlier, while average daily volume fell to $2 billion from $2.2 billion.
The NYSE-traded BLSH shares were up more than 10% on Thursday morning. Source: Yahoo Finance.
The company also received approval from the Gibraltar Financial Services Commission to offer secondary trading in issuer-sponsored tokenized securities, expanding its push into regulated onchain markets.
Bullish lifted its full-year guidance, forecasting $225 million to $245 million in subscription, services and other revenue, citing its first-half performance and improved visibility.
Thursday’s rally extends a recent rebound for Bullish shares, which have gained around 20% over the past month. The stock, however, remains about 70% below its post-listing highs last year, according to Yahoo Finance data.
Magazine: El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’

Cryptocurrency wallet company Trezor reported a breach of personal data affecting about 14,000 users through its shipping provider, ShipMonk.
Trezor’s Wednesday blog post said users who received its products from the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal between May 10 and Aug. 8 were at risk from potential phishing attacks using their personal information. The company reported that 11,742 customers could have had their name, physical address, phone number, and email address compromised, while 1,947 users potentially had their name, city, and email address breached.
“To be clear, our systems were not compromised, and your Trezor device is secure, but the affected customers might be targeted by more sophisticated phishing attempts,” said the company. “Scammers can use the leaked information to send fake emails, make fake phone calls, send fraudulent letters, or potentially impersonate banks, crypto exchanges, or even Trezor.”
The breach was the latest incident involving scammers potentially targeting crypto holders using personal data. Trezor reported in January 2024 that about 66,000 users were at risk of phishing attacks if they had contacted the company’s support team since December 2021.
Crypto wallet users have revealed that scammers use a variety of techniques in attempts to gain access to their funds, including through physical letters in the mail. Other methods include text messaging, emails and phone calls claiming to be family members in need of help or impersonating authorities asking for repayment of a fake debt.

Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in annualized revenue, according to a company announcement on Monday.
Ether (ETH) staking is emerging as an important revenue stream that generated about 98% of Bitmine’s revenue for the fiscal quarter ending May 31, or $45.7 million of the company’s $46.5 million, analysts from Bitfinex exchange told Cointelegraph, adding:
“It funds operations and its share buyback program: 19.1 million shares repurchased since July against a $4 billion authorisation, without Bitmine having to sell any Ether.”
Ether treasury companies are facing growing unrealized losses as their margins are pressured by the decline in Ether’s spot price, which fell roughly 23% during the second quarter of 2026.
SharpLink, the second-largest Ether treasury company, reported a net loss of $394 million for the second quarter of 2026, largely driven by $391 million in unrealized crypto losses.
Bitmine ranks as the largest corporate Ether holder with 5.54 million ETH, currently worth $9.4 billion. SharpLink ranks second, with 863,000 Ether, currently valued at $1.46 billion, according to data from the StrategicEthReserve.
Ether emerges as new treasury asset despite staking revenue risk
Bitmine’s staking milestone demonstrates how Ether can generate native yield as a treasury asset while Bitcoin (BTC) is mainly viewed as a balance sheet appreciation asset, according to Alvin Kan, chief operating officer at Bitget Wallet.
While Bitmine’s staking revenue may encourage more crypto-native companies to adopt Ether as a treasury asset, this is not risk-free income, Kan told Cointelegraph, adding:
“The revenue is annualized, depends on ETH price and staking yield, and comes with operational, liquidity, validator and regulatory considerations.”
This makes Ether staking more akin to a yield-bearing enhancement to treasury strategy, rather than a “replacement” for disciplined capital management, explained Kan.
Still, the recurring staking income acts as a “buffer” to Ether’s price fluctuations and ensures “topline predictability that can be valued without regard to spot ETH price,” wrote Yiannis Zourmpanos, a contributor to Seeking Alpha, in a July 28 report.
Staked Ether supply, all-time chart. Source: Validatorqueue.com
Ether staking currently pays a 2.61% annual percentage rate (APR). Over 34% of the total Ether supply is currently staked across 897,064 validators, according to data on the Validatorqueue dashboard.
Magazine: Ethereum’s EEZ could pull other blockchains into its orbit

4つのMUFG企業は、新たな概念実証（PoC）の一環として、Canton Networkを用いて日本国債レポ取引をオンチェーン化する計画だ。
木曜日の発表によると、MUFGを含む4社（Mitsubishi UFJ Morgan Stanley Securities、Mitsubishi UFJ Trust and Banking、MUFG Bank）は、PoCに関してDigital Asset HoldingsおよびProgmatと連携する。
企業は、取引ライフサイクルの自動化によって業務効率を向上させ、24時間365日のリアルタイムの日中決済を可能にするとともに、資金調達および資本効率を高めることを目指していると述べた。

フランクリン・テンプルトンは、特定のガードレールの下で、自社のブロックチェーンに基づくマネー・マーケット・ファンドに投資するための規制上の承認を得た。これにより、物理的なカストディ（保管）に関する規制に従う必要はなかった。
米証券取引委員会（SEC）は水曜日、フランクリン・テンプルトンのファンド運用担当者が、米国政府証券に投資し、1株当たりの価格を安定的に1ドルに維持することを目指す利息付のトークン化ファンドである「フランクリン・オンチェーン米国政府マネー・ファンド」に現金を投資する場合、強制執行（エンフォースメント）措置を講じないとするノーアクション・レターを発行したと述べた。