
Exchanges pause CORE transfers as Core plans emergency hard fork	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

September 2, 2026

Your Daily Digest of the 🔥Hottest News in Crypto.

Today’s top stories

🏦 BofA, Citi, Goldman among 21 institutions planning stablecoin launch
🔒 Exchanges suspend Core transfers amid reward issuance incident
🏦 SEC proposes sweeping update to transfer agent rules with blockchain focus
📰 Keep reading for all of today’s biggest headlines

BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch

A consortium of 21 major financial institutions, including Bank of America, Citi, and Goldman Sachs, announced plans to form a new company to issue stablecoins, starting with a US dollar-denominated coin in the first half of 2027. The venture, which will expand to euro and other G7 currencies, targets wholesale, institutional, and retail use cases like cross-border payments and settlement, while aiming to comply with the US GENIUS Act and EU MiCA. This marks another major step by traditional finance into the stablecoin space as regulatory frameworks solidify.

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Core DAO plans emergency hard fork after validators drew excess rewards

Core DAO is coordinating an emergency hard fork after validators accrued excess CORE rewards beyond the protocol’s intended issuance, though the incident is contained and the fork will not roll back the network or reverse confirmed transactions. The team says user assets remain safe and will publish a technical postmortem, while several exchanges, including Coinbase, Bithumb, and Bitget, temporarily restricted CORE transfers amid the issue.

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[Cointelegraph Acceleration]

Self-custodial crypto spending reaches 172 countries

Crypto can move across chains in seconds, yet spending it at checkout has often required handing funds to a centralized intermediary.

THORWallet is narrowing that gap with a new Mastercard card program available across 172 countries, including the US. Users can swap Bitcoin (BTC), Ether (ETH), Solana (SOL) and other supported assets directly into USD Coin (USDC) through in-app non-custodial DeFi protocols, then top up the card with a 0% fee while retaining self-custody until they choose to spend.

Since 2021, THORWallet says it has processed more than $2.5 billion in native swaps across over 20,000 tokens. The card extends that infrastructure into everyday payments, with Apple Pay and Google Pay support, flexible KYC and virtual and physical card options.

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SEC proposes broad update to decades-old transfer agent rules with blockchain nod

The SEC has proposed a broad update to decades-old transfer agent rules to address blockchain-based recordkeeping, tokenized securities, and automated market infrastructure. The plan introduces expanded reporting, new compliance standards, and safeguards for cybersecurity and investor records, while seeking public comment. It is part of a wider SEC effort to modernize rules, including recent proposals on reporting frequency and custody of crypto assets.

Does the Bitcoin rally mean we haven’t wasted our lives in crypto?

The article asks whether Bitcoin’s recent rally proves the crypto industry’s decade of effort wasn’t wasted. After a long, demoralizing bear market—with layoffs, failures, and fading public interest—a sudden price surge (Bitcoin up 26% in August, Ethereum up 34%) has revived enthusiasm. But the piece notes that the industry’s victories look different than early believers imagined: instead of sovereign “F-you money,” we got custodial ETFs and increasing institutional control, while pioneering companies like BitMEX are shutting down.

Despite these letdowns, the technology has become deeply embedded in finance—stablecoins, tokenization, and DeFi now function as real infrastructure, and adoption has spread into payments, healthcare, and AI. Regulation has made crypto more legitimate but also duller, and everyday users still face friction and unfair fees. Ultimately, the article suggests crypto hasn’t failed, but it has evolved into something more integrated and less revolutionary than the original dream—and when prices rise, the narrative quickly shifts to justify the optimism.