Block’s Builders Bank Would Custody Bitcoin, Not Take Deposits
Block has applied for an uninsured national trust bank focused on bitcoin and stablecoin custody. It would not accept deposits or make loans.
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Mexico Investigates Electricity Theft at 300-GPU Crypto Mining Site
Mexican authorities found 300 GPUs at a remote Puebla crypto mining site. Electricity theft is under investigation; cartel control remains unproven.
VeChain Interstellar Hardfork Targets September 16, but One EIP Is Still Unclear
VeChain plans to activate Interstellar at block 25,902,540 around September 16. VET holders need no token swap, but node operators face an upgrade—and the public documents disagree on EIP-2935.
Coinbase and Moov Target 1,000+ Community Banks With Stablecoin Rails
Coinbase and Moov are bringing stablecoin payments and custody to a network serving 1,000+ community banks—but that is not 1,000 live launches.
Albuquerque Approves Crypto ATM Ban With 45-Day Removal Rule
Albuquerque approved a citywide ban on virtual currency ATMs and cashier-assisted crypto sales. The ordinance starts a 45-day removal window after it takes effect.
Robinhood Crypto Volume Rebounded 61% in August as Bitstamp Led Activity
Robinhood’s crypto notional volume reached $17.5 billion in August, up 61% from July but down 38% year over year. Bitstamp supplied about 58% of the total.
Liquid Network Restarts After 4,000-BTC Exploit, but Peg-Outs Stay Closed
Liquid Network is producing blocks again and SideSwap reopened markets and peg-ins, but peg-outs remain disabled after an Elements bug created unbacked L-BTC and released nearly 4,000 BTC.
Nasdaq’s $100 Million Kraken Bet Is Really About Market Plumbing
Nasdaq Ventures’ $100 million Payward investment ties Kraken’s distribution to a Q2 2027 tokenized-equity target and a new cross-venue surveillance agreement.
The SEC’s Transfer-Agent Rewrite Puts Tokenized Shares on the Rulemaking Agenda
The SEC’s September 1 proposal would modernize transfer-agent rules for electronic recordkeeping and blockchain-based securities, while asking how ownership records should work when shares move onchain.