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The Bank for International Settlements is renewing its criticism of stablecoins, questioning their credibility as everyday money as governments worldwide build regulatory frameworks around the tokens.BIS General Manager Pablo Hernández de Cos, a candidate to succeed European Central Bank President Christine Lagarde next year, argued that stablecoins do not credibly function as a means of payment at scale. He said tokenized bank deposits offer a stronger alternative, Reuters reported on Friday.“Tokenised deposits offer a more direct path to harness tokenisation while preserving the monetary system’s foundations,” de Cos said.The comments come as regulators worldwide grapple with stablecoin adoption, while a…

Bitcoin slid Friday afternoon, cooling down after a phenomenal run following huge investment from U.S. ETF buyers.  The leading cryptocurrency was trading for $77,379 on Friday afternoon in New York after dropping more than 3% over a 24-hour period.  Bitcoin hit a high this week of $81,281 but slowed down after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the central bank — saying on Friday that he had “more work to do” to fight inflation.  The Bitcoin price has in the past dropped when the Federal Reserve thinks inflation is too high because it…

Six decade-old wallets moved $40 million this month, but Galaxy’s data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year’s total.

The U.S. Securities and Exchange Commission (SEC) has taken another step toward rewriting how investment advisers and funds can hold clients’ crypto assets, sending a new custody proposal to the White House for regulatory review.The proposal, titled “Amendments to the Custody Rules” was submitted to the Office of Information and Regulatory Affairs (OIRA), part of the Office of Management and Budget (OMB), on August 25. The filing remains confidential, meaning the market does not yet know the precise changes the SEC is considering.Still, the filing offers some clues about where the agency is heading.The SEC’s regulatory agenda says the proposal…

Washington, United States, August 28th, 2026, Chainwire As prediction-market volume hits record highs and regulators circle, identically worded midterm questions are trading several points apart depending on the venue. Predictions.io now tracks 9,700+ markets across Kalshi, Polymarket and Manifold in one place – with free fee and odds calculators so traders can see what a price actually costs them. Prediction markets have never been bigger, or more contested. Kalshi, Polymarket and Polymarket US together posted a record $50.59 billion in combined volume in July, with Kalshi accounting for roughly 74.5% of the total. In the same month, New York City…

Mutsamudu, Comoros, August 28th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has launched Earn Plus, a new flexible savings product, and introduced a limited-time event that offers eligible users an APR boost of up to 800%. Earn Plus is a flexible savings product that allows users to stake stablecoins and earn daily interest. The product offers 100% principal protection, with interest generated from low-risk, high-liquidity assets. Earn Plus has no lock-up period or maximum subscription limit, allowing users to stake and redeem assets at any time, with redemptions processed within seconds. Interest is calculated hourly and settled…

Costa Rica, August 28, 2026 — Frogbet, a new cryptocurrency casino and sportsbook, has officiallylaunched at frogbet.com, debuting a catalog of 70 original games developed entirely in-house alongsidemore than 7,000 titles from providers including Pragmatic Play, Hacksaw Gaming and BGaming.Every Frogbet original is provably fair, allowing players to cryptographically verify the outcome of anybet at any time. The proprietary catalog spans in-house slots, eight blackjack variants, poker, and a fullrange of instant games including Mines, Dice, Plinko, Crash, Limbo and Keno — none of which areavailable on any other platform. According to the team, Frogbet’s proprietary slots are the first…

Singapore, Singapore, August 27th, 2026, Chainwire TermMax, a fixed-rate lending protocol built by Term Structure Labs, announced on August 26 that it has received a strategic investment from YZi Labs. Terms were not disclosed. TermMax was selected for YZi Labs’ EASY Residency Season 3 and has raised more than $8 million to date. Its earlier backers include Cumberland DRW — which led the 2023 seed round — HashKey Capital, Decima Fund, Longling Capital and MZ Web3 Fund. The protocol has been live on mainnet since April 2025 and now runs across 10 EVM-compatible chains, with 60 fixed-rate markets, 40 strategy…

Mutsamudu, Comoros, August 27th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has launched IPO Express, a new event offering eligible users access to SHEIN’s IPO subscription, ahead of its scheduled listing on the Hong Kong Stock Exchange on September 1, 2026. The first-in-market opportunity is designed to allow users to gain economic exposure to SHEIN’s post-listing performance using USDT and receive mirror credits, without directly holding SHEIN shares. MEXC is committed to removing barriers to market participation, based on the belief that opportunity should not be limited by identity, capital size, or geography. IPO allocations have traditionally…

Berlin, Germany, August 26th, 2026, Chainwire TronBid expands its two-sided TRON resource marketplace, giving users new ways to rent Energy, trade Energy and Bandwidth, and reduce USDT fees for TRC-20 transactions. TronBid, a peer-to-peer marketplace for TRON network resources, has expanded its platform with new tools for users looking to rent TRON Energy, manage transaction costs and access network resources without maintaining large amounts of staked TRX. The platform now operates as a two-sided marketplace where both buyers and sellers can create orders for TRON Energy and Bandwidth. Understanding TRON Energy Usage TRON uses Energy and Bandwidth as its primary…