Core Lightning Tells Node Operators To Go Offline, With No Patch Published
Core Lightning’s maintainers told node operators to take their nodes offline unless they upgrade to a release that has not been published yet. That leaves operators of one of Bitcoin’s main Lightning implementations with a single available action — shutting the node down — and no public description… Read the full story at The Defiant
SEC Crypto Custody Rewrite Enters White House Review
The Securities and Exchange Commission’s proposed rewrite of custody rules for investment advisers and investment companies entered White House review on Aug. 25, placing a new crypto-focused framework into regulatory review after the agency withdrew a separate 2023 safeguarding proposal. The SEC’s… Read the full story at The Defiant
Revolut Starts EURR Rollout With Bridge as Regulated Issuer
Revolut has begun rolling out EURR, its first euro-backed stablecoin, to selected customers in Denmark, Poland and Portugal, putting a branded onchain euro inside its app while Bridge Building S.A. serves as issuer and redemption counterparty. Bridge Building is the legal issuer; Revolut describes… Read the full story at The Defiant
Unstoppable Skips ICANN Round, Refunds Web3 Domains
Unstoppable Domains did not file applications for its web3 top-level domains in ICANN’s 2026 expansion round and is refunding customers who bought names under them, founder Matthew Gould said on Wednesday. The decision ends the promise the company had made to holders since 2019: that names like… Read the full story at The Defiant
Cosmos Labs Urges EVM Chains To Halt As Shared Bug Drains Three Networks
Cosmos Labs recommended on Tuesday that any public blockchain running a version of its Cosmos EVM module below v0.6.2 or v0.7.2 “immediately halt the blockchain and upgrade it to include the patches in those releases.” The post went up at 11:19 a.m. New York time and asked teams that have not… Read the full story […]
Ex-X Product Chief Says Trade Buttons Coming
Nikita Bier, who ran product at X for 13 months until Aug. 5 and now advises the company, said trade buttons are coming to the crypto charts embedded in X posts. He gave no timeline. The claim has no corporate backing. X’s public record on crypto products — the Cashtags launch, its roadmap, its… Read […]
Pendle Oracle Move Liquidates $36 Million
Trades in a thinly traded Pendle yield market triggered $36.1 million of liquidations on Morpho early Tuesday, closing out leveraged positions in about 14 minutes while leaving lenders whole. Pendle and vault curator Steakhouse Financial both said the price feed did what it was built to do. The… Read the full story at The Defiant
LayerZero Unveils ATLAS Exchange Engine
LayerZero introduced ATLAS on Tuesday, an exchange engine built on its Zero blockchain that provides matching, clearing, settlement and risk management to trading venues. The product has no frontend or consumer application of its own. The design moves LayerZero from carrying assets between chains… Read the full story at The Defiant
Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base
Bitwise launched Automated Token Portfolios (ATPs) on Tuesday, giving eligible investors outside the U.S. a way to hold Coinbase-issued tokenized stocks directly in their own wallets on Base while Glider automatically keeps the holdings aligned with Bitwise’s model. The product extends Coinbase’s… Read the full story at The Defiant
Term Finance Permanently Shuts Meta Vaults After Exploit PeckShield Estimated at $8.5 Million
Term Labs said all Term Meta Vaults have been shut down and DAO governance roles revoked after a governance exploit hit the vault product, while withdrawals remain open. In an Aug. 23 update, Term said the shutdown is irreversible and permanently prevents further deposits. The update did not… Read the full story at The Defiant