chain

During a live interview with CNBC, Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), stated that he hopes to promote the stock market's transition to on-chain operations and mentioned that the entire financial system is moving towards Bitcoin and cryptocurrencies.The SEC has previously launched an "Innovation Exemption," allowing eligible trading venues to conduct on-chain trading of tokenized U.S. stocks.

According to a report by crypto.news, Chainlink announced the launch of a connectivity framework that allows banks to access the SWIFT blockchain ledger through the Chainlink platform while retaining transaction signing keys.The framework coordinates the interaction between institutional systems and ledgers through the Chainlink runtime environment, allowing banks using a self-signing model to avoid handing over authorization keys to Chainlink. The SWIFT ledger supports 24/7 tokenized deposit payments, with final settlements still completed through existing real-time gross settlement mechanisms. Seventeen banks from six continents, including ANZ, HSBC, Citibank, Standard Chartered, and UBS, are preparing to pilot tokenized deposits on the SWIFT ledger.

a16z crypto stated that one of the core values of blockchain is "creating entirely new markets." By enabling permissionless issuance and global distribution, it breaks through the long-standing limitations of traditional financial markets, which are constrained by listing committees, legal frameworks, and geographic segmentation, allowing market supply to better match global potential demand.a16z crypto believes that almost all representative markets in the crypto industry benefit from this mechanism, ranging from perpetual contracts, spot DEX, prediction markets to lending, meme coins, NFTs, and the tokenization of real-world assets. Among these, perpetual contracts are the most direct manifestation of this trend. In July of this year, the on-chain RWA perpetual contract trading volume reached an annualized scale of $1.4 trillion, accounting for about half of Hyperliquid's trading volume. With mechanisms like HIP-3 and HIP-4 lowering market issuance thresholds, a16z crypto expects that on-chain markets will continue to expand into commodities, foreign exchange, indices, 24/7 stock exposure, as well as risk assets such as CPI, computing power, music, social trends, and sports, which previously lacked mature financial expressions.

The on-chain tracking platform MistTrack under Slow Mist has monitored that the attacker of the security incident on the cryptocurrency exchange Bitget previously attempted to transfer the stolen funds to the cross-chain DEX protocol Chainflip for relocation, but was directly refused deposit by the relevant brokers.On-chain processing results show that the funds were not frozen by the protocol party, but were directly returned along the original route, and the attacker failed to successfully utilize this channel to complete the transfer. MistTrack stated that it will continue to track the subsequent on-chain movements of this batch of stolen funds.

Co-founder and Chief Operating Officer of the cross-chain trading platform Relay, Jason Maier, stated that the team discovered an issue with the Relay API over the weekend, which exposed pending transaction information before trade execution. MEV seekers exploited the pending routing status to infer on-chain paths and front-run trades before order execution, resulting in worse execution prices for users trading through Relay.This activity occurred from September 12 to September 26, primarily concentrated from September 23 to 26. Seekers profited approximately $136,000 from this, affecting around 5,600 users, with a median impact of $11.88. Relay will pay a $50,000 bounty to Outputlayer for reporting the issue and will automatically compensate affected users without the need for applications; funds will be directly sent to wallets, with a total compensation amount of approximately $312,000.Jason Maier stated that MEV can arise through public mempool exposure, order detail inference, malicious participation in auctions, or data gaps between service providers, and protecting a single link in the transaction path is not sufficient. He mentioned that the team will continue to enhance the execution quality and privacy of the entire transaction path and called on security researchers to report vulnerabilities when discovered.

The Polygon Foundation announced that the staking rewards for Polygon Chain are expected to increase to 7.7% on October 1. According to PIP-92, the accumulated 27.3 million POL priority fees in the network will be used to enhance staker rewards in the next two months.

According to Bloomberg, citing informed sources, the cryptocurrency exchange and wallet service provider Blockchain.com plans to complete its initial public offering (IPO) this year, aiming to raise approximately $500 million, with a target valuation range of $4 billion to $6 billion.Informed sources stated that if the listing process requires it, the company is also willing to accept a smaller issuance plan. Blockchain.com reached a valuation of $14 billion during the last peak of the cryptocurrency market, and this target valuation is significantly lower than that level. In May of this year, the company secretly submitted a draft registration document to the U.S. Securities and Exchange Commission to pave the way for a potential IPO, at that time not disclosing the number of shares to be issued or the price range.This listing plan comes as the capital market environment for cryptocurrency companies is reopening. Since mid-August, when the U.S. Treasury announced a significant increase in long-term Treasury bond repurchases, the price of Bitcoin has risen by more than 30%, driving an overall rebound in the cryptocurrency market. However, market conditions remain challenging; according to Bloomberg data, the stock prices of recently listed companies Gemini, BitGo, and eToro have fallen by about 50% to 80% from their post-listing highs.

BNB Chain announced the appointment of Thomas Chen as Chief Business Officer. This appointment will drive BNB Chain to further focus on institutional, capital, and chain listing market activities.Thomas has deep experience in traditional finance and digital assets, with 15 years of industry experience, including over 7 years focused on team building in the digital asset infrastructure sector, possessing extensive experience in capital markets, custody, trading, and business growth.After joining BNB Chain, he will focus on bringing institutions and capital on-chain, deepening liquidity, increasing trading volume, and enhancing the long-term value of the ecosystem.

According to PR Newswire, Brazilian fintech company NG.CASH has completed a strategic financing of 15 million dollars, led by Blockchain Capital. Since its establishment in 2021, the company's total financing has exceeded 65 million dollars.It is reported that NG.CASH holds two licenses issued by the Central Bank of Brazil for direct credit companies and payment institutions, and is applying for a virtual asset service provider license. Since its establishment in 2021, NG.CASH has surpassed 10 million accounts, with platform transaction volume reaching several billion dollars.

On Monday, the oracle network Chainlink released the cross-chain interoperability protocol CCIP 2, making significant upgrades to its communication and cross-chain bridge infrastructure. The new version allows enterprises to add their own security verification checks on top of Chainlink's default network of 16 independent node operators. Enterprises can run their own validators or hire external service providers such as Infosys and Nethermind. Chainlink stated that users should not be forced to become "cross-chain security infrastructure experts."This upgrade comes about five months after the Kelp DAO was hacked in April of this year. The attackers are reportedly linked to the North Korean Lazarus group, stealing approximately $292 million in rsETH by deceiving the single validator relied upon by the Kelp cross-chain bridge, which operates on LayerZero. LayerZero blamed Kelp for using only a single validator, while Kelp stated that LayerZero employees had reviewed its setup and raised no objections. Kelp subsequently announced that it would migrate rsETH to Chainlink.The upgrade also adjusts the security mechanism that Chainlink had previously heavily promoted; its risk management network will no longer operate as an independent review node, with such independent checks now provided by optional validators. This means that users who have not added any validators currently rely on a single validation network, whereas previously they relied on two. Existing Chainlink users have been automatically migrated to the new version, but the company has not disclosed which institutions are using the new validators, only stating that Aave and Maple have begun adopting other features of the upgrade.

According to on-chain analyst Specter, North Korea is laundering funds across multiple chains, including underlying chains such as dYdX, Noble, and Osmosis, and has opened perpetual contract positions on dYdX.

The GoPlus security team disclosed that a high-risk fraudulent Meme factory was recently discovered on the Robinhood Chain, with a transaction volume exceeding 9 million dollars in the past 30 days, involving hundreds of fraudulent Memes. The asset aggregation address is 0x8c3Bad30cc7563A2D0357F49509FFd063666bb00. As of September 28, 2026, the address balance is approximately 56.0635 ETH, equivalent to about 148,000 dollars; the address has a total of about 1,385 transactions, with the latest 400 transactions generating approximately 1,728.02 ETH in income and transferring out approximately 1,861.12 ETH; the two-way transaction volume is about 3,589.14 ETH, equivalent to about 9.49 million dollars.Direct evidence of "authorizing or selling tokens ---> liquidating ETH ---> transferring to the same aggregation address" was found in the high-risk associated Memes. The amount is the gross amount transferred into the aggregation system from the same project batch and does not represent net profit. The fraudulent Meme factory model mainly includes "new accounts shipping out ---> layered aggregation ---> fund recycling: 1. Creating Tokens based on industry hotspots; 2. Allocating Tokens to a large number of new EOAs with only 4 to 11 transactions; 3. Selling in segments through PonsV2Helper / UniversalRouter; 4. Emptying ETH to local aggregators or the main aggregation address (0x8c3bad); 5. Providing funds for the next round of projects, new wallets, and trading operations. The key to this fraud model is: 1. Using a large number of new wallets to hide the actual concentration of chips; 2. Segmentally selling by these wallets to create the illusion of multiple independent traders; 3. After the shipment is completed, funds flow into the same aggregation system; 4. Reinvesting the profits from old projects into the next round.On-chain researcher Wazz recently disclosed that a suspected continuous Rug gang initiated at least 53 Robinhood Chain Memes within about two months and extracted approximately 18.43 million dollars from them. Their main tactic is to control most of the token supply using 70 to 200 wallets, then reinvest the profits from the previous round into the next round. This case is similar to the fraudulent model in this case, but there is currently no evidence to indicate that it is the same gang.

Bitget has officially opened BTC withdrawal services today at 16:00 (UTC+8). Bitget CEO Gracy shared the latest progress on the recovery during a community live stream: currently, the BTC withdrawal channel is running smoothly, and the first batch of applications has been processed and credited.According to real-time data disclosed during the live stream, as of 16:50 (UTC+8), the platform has processed approximately 7,683 BTC withdrawal applications, with a total amount processed of about 3,609 BTC, and there are no order backlogs. Among them, the first batch of about 6,946 withdrawal applications has received blockchain confirmation, and the related applications are still being processed in an orderly manner.According to the previously announced timeline, the ETH-related network will open for withdrawals on September 29 at 16:00 (UTC+8), and the USDT-related network will open for withdrawals on September 30 at 16:00 (UTC+8); withdrawals for other tokens, fiat, and C2C services will gradually resume starting from October 2 at 16:00 (UTC+8).

The cross-chain liquidity protocol ThorChain's official announcement states that the network interruption is an emergency security mechanism aimed at protecting the protocol's security. The suspension is not a selective freeze of specific funds, nor is it a targeted exchange against individuals.The announcement mentioned that in the security incident in May 2026, 10.7 million dollars were stolen from the liquidity pool. At that time, the attacker's address was not blacklisted, so it could still trade on ThorChain. ThorChain stated that it is a permissionless blockchain platform designed with the intention of not conducting any censorship.

Binance Chinese posted on platform X that the Binance wallet now supports using USDT to pay for Gas fees, covering BNB Smart Chain, Ethereum, Solana, and Tron, with plans to support more public chain networks in the future.

Zano, the privacy blockchain, announced a network update stating that the core team discovered a serious vulnerability in the Gateway Address, allowing unauthorized ZANO and fUSD to enter circulation. Investigations show that the wallet's payment keys or the privacy of ordinary transactions were not compromised, and Zano's core consensus mechanism was also unaffected.The team has developed a solution to clear all unauthorized activities by coordinating a network upgrade. To ensure network integrity, the Zano blockchain has been restarted from block height 3,833,000 (i.e., before the 6th hard fork), affecting approximately one month of on-chain historical records. Nodes, miners, stakers, and related services need to adopt the emergency update as soon as possible.The team stated that they will work with affected projects to address the losses and will announce compensation and claims processes, striving to compensate the community. Technical reasons and related code review results will be disclosed in the follow-up.

Vitalik posted on the X platform, stating that he attempted to briefly explain the true meaning of the plans for Ethereum that forked after Hegota. Ethereum is no longer just a blockchain; it is a hybrid architecture that combines blockchain with modern cryptography, enabling more powerful features.Related plans include FOCIL, EIP-8288, streamlined consensus, state management, formal verification, memory pool improvements with privacy features, and long-term obfuscation techniques.

GoPlus Security posted on platform X that the outflow of funds from THORChain needs to be actively signed by validators through TSS threshold signatures, which is different from Bitcoin and Ethereum; approximately 101.5 BTC (about 8.5 million USD) has already been transferred from the stolen funds on Bitget, and about 27.63 million XRP (about 43 million USD) is being exchanged for BTC, calling for interception of North Korea-related addresses.