PeckShield reported that crypto losses from 50 major hacks totaled $136.3 million in August. The firm said the largest incident was a $74 million exploit of TectonicFi, accounting for more than half of the month's reported losses.

Thailand's SEC opened a consultation on rules that would allow licensed intermediaries to offer overseas digital asset derivatives to retail and high net worth clients if contracts align with Thai products on underlying asset, maturity, leverage, and settlement. Trading venues must have central counterparty clearing and oversight by an IOSCO MMoU signatory or a World Federation of Exchanges member. Feedback closes Sept. 30.

Ethena has launched Ethena Pay, a self custodial app for payments, savings and cross border transfers using its USDe synthetic dollar, offering up to 6% annualized rewards. The beta spans 48 countries with an initial cap of 400 users, expanding weekly. Avalanche is the settlement layer, with fiat onramps and IBAN transfers supported via MoonPay owned Iron.

The SEC has proposed updates to regulations largely unchanged since the 1980s to formally recognize the use of blockchain technology for share transfers and securities offerings in U.S. markets. The proposal has entered a 60 day public comment period before any final rulemaking.

U.S. spot Bitcoin ETFs reported $216.7 million in net inflows in the latest trading session, according to published fund flow data. The move indicates continued demand for ETF exposure to Bitcoin through regulated U.S. products.

Ark Invest, led by Cathie Wood, purchased about $37 million worth of Bitcoin and shares of payments firm Block, according to the report. The move adds exposure to both the cryptocurrency and a major Bitcoin-focused payments company, reflecting Ark's ongoing activity in digital asset markets.

US borrowing costs are back near levels not seen in almost two decades, putting fresh focus on the government's growing interest burden. The 30-year Treasury yield has risen to about 5.23% to 5.34%, the highest since 2007, while the 10-year yield is holding around 4.79% to 4.80%. Several forces are pushing yields higher. Inflation remains well above the Federal Reserve's 2% target, with recent readings running between 3.4% and 4.1%. That gap has kept investors demanding more yield to offset purchasing-power risk. Higher oil prices linked to renewed Middle East tensions are also reinforcing inflation expectations. A less discussed factor is the scale of corporate debt issuance tied to artificial intelligence infrastructure. Companies worldwide are issuing hundreds of billions of dollars of debt to finance AI buildouts in 2026. That wave of supply competes directly with Treasurys for investor capital, leaving the US government needing to offer higher yields to attract buyers. Markets are closely tracking the Fed's next move. Federal Reserve Chair Kevin Warsh has kept the policy rate steady at 3.5% to 3.75% over several consecutive meetings. Investors are now pricing a 60% to 65% chance of a rate increase at the September 16 meeting. The stakes are rising as US national debt exceeds $40 trillion. Even a 1-basis-point move higher in yields can add billions of dollars to annual interest costs. The Treasury has expanded bond buyback programs aimed at supporting market liquidity, but the measures have not yet materially pulled the yield curve lower. Higher US yields are also rippling through global markets, with government bond yields in Japan, the UK, and Germany reaching new highs. For US households, the most immediate impact is in mortgages: with the 10-year yield near 4.8%, 30-year fixed mortgage rates remain elevated, cooling housing activity.

The U.S. Securities and Exchange Commission has proposed a sweeping revision of its transfer agent framework, targeting regulations the agency says have not seen a substantive update since the early 1980s. The proposal would formally recognize electronic and blockchain-based recordkeeping and add new expectations around risk management and compliance for registered transfer agents. SEC Chairman Paul Atkins (@SECPaulSAtkins) said the updates are intended to reflect how transfer agents already use blockchain technology in securities offerings and share transfers. The SEC will accept public comment for 60 days after the proposal is published in the Federal Register.

The U.S. Securities and Exchange Commission has proposed changes to modernize its transfer agent rules, aiming to align requirements with electronic recordkeeping and communications, as well as the growing use of blockchain in securities offerings and share transfers.