The UK government announced plans to assign the Bank of England an additional responsibility to support innovation in payment systems and new forms of digital money, including stablecoins. Reform Without Compromising Stability The new mandate will be secondary to the Bank of England’s primary goal of safeguarding financial stability. This means that supporting innovation should […]
An unknown attacker exploited a vulnerability in the Moonwell protocol on the L2 network Base, stealing assets worth approximately $8.7 million. Researchers at CertiK highlighted the incident. #CertiKInsight 🚨 We have seen an exploit of @MoonwellDeFi lending market on Base. Attacker manipulated relatively illiquid MAMO’s collateral price, then borrowed real cbBTCeg. https://t.co/yOBrkzXzfn ~$8.7M has now […]
On August 26 and 27, the Seoul Central District Court ruled in favor of Bithumb in two lawsuits against users who sold mistakenly credited bitcoins and did not return the proceeds, according to South Korean publication Chosun Biz. The exchange is seeking the return of funds as unjust enrichment. In the first case, the claim […]
Amazon Web Services (AWS) and Nvidia have agreed to deploy an additional two million GPUs in AWS’s cloud infrastructure during 2027–2028. The companies are expanding their partnership amid growing demand for computing power for agentic and physical AI. In Addition to One Million GPUs The new plan involves supplying over 2 million GPUs for AWS’s […]
In a guest column for ForkLog, trader and Coen+ Telegram channel author Vladimir Coen analyzed the positioning in the bitcoin options market ahead of the August 28 expiration. He suggests that the mechanical demand that recently pushed the leading cryptocurrency towards $80,000 has been exhausted, and the $82,000 level could serve as the next price […]
Widespread adoption of tokenized deposits could change banks’ funding models, and instant transfers between institutions may reduce the stability of that funding base and constrain lending, economists at the Federal Reserve Bank of Dallas Rozi Levi and Shrini Ramaswami said. Tokenized deposits are a digital form of bank liabilities issued on distributed ledger infrastructure. Unlike […]
ECB Executive Board member Piero Cipollone stated that the digital euro will offer a higher level of privacy than traditional bank transfers, and the Eurosystem will not be able to directly link users to their transactions. Cipollone clarified that offline payments in CBDC should occur directly between users. According to him, the details of such […]
Nvidia has introduced the Jetson Orin Nano 2, a compact computer designed for robotics and edge AI. The new model offers double the inference performance while maintaining the same form factor, enabling the execution of modern language and multimodal models directly on the device. Introducing NVIDIA Jetson Orin Nano 2 👏 Built to bring frontier […]
On August 26, the crypto fear and greed index pulled back to 65 after jumping to 74 a day earlier, according to Alternative.me. At the same time, open interest (OI) in bitcoin futures fell to near a five-month low, despite bitcoin gaining 22.4% over the week (CoinGecko). Source: Alternative.me. At the time of writing, bitcoin […]
Japan is preparing a real-time settlement system for stock and government bond transactions using blockchain technology. Authorities aim to have a project plan ready by early 2027, according to Nikkei. Instant Settlements The project will involve the FSA, the Ministry of Finance, the Bank of Japan, and financial sector representatives. This summer, they plan to […]