π»π³ Happy Vietnam National Day!
πAs Vietnam celebrates its National Day on September 2, BlockBase proudly joins in honoring the nationβs journey, achievements, and aspirations for the future.
This occasion is a reminder of the strength, resilience, and ambition that continue to drive Vietnam forward. As the country embraces innovation and accelerates its digital transformation, we are excited to contribute to the development of technology and the future of digital finance.
πOn this special occasion, BlockBase wishes our valued partners, clients, and community a joyful and meaningful National Day holiday.
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πAs Vietnam celebrates its National Day on September 2, BlockBase proudly joins in honoring the nationβs journey, achievements, and aspirations for the future.
This occasion is a reminder of the strength, resilience, and ambition that continue to drive Vietnam forward. As the country embraces innovation and accelerates its digital transformation, we are excited to contribute to the development of technology and the future of digital finance.
πOn this special occasion, BlockBase wishes our valued partners, clients, and community a joyful and meaningful National Day holiday.
BlockBase Capital
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πΉπ Thailand to Require Verification of Self-Custodied Crypto Wallets
π₯Thailand is stepping up its crypto regulatory framework.
Starting February 27, 2027, digital asset businesses will be required to verify the ownership or control of self-hosted/self-custodied wallets involved in transactions under the countryβs new Travel Rule framework.
The regulations will also require transaction information to be collected and retained for at least 5 years, strengthening efforts against money laundering and other financial crimes.
π A clear sign that as the digital asset industry matures, compliance and transparency are becoming increasingly important across the ecosystem.
BlockBase Capital
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π₯Thailand is stepping up its crypto regulatory framework.
Starting February 27, 2027, digital asset businesses will be required to verify the ownership or control of self-hosted/self-custodied wallets involved in transactions under the countryβs new Travel Rule framework.
The regulations will also require transaction information to be collected and retained for at least 5 years, strengthening efforts against money laundering and other financial crimes.
π A clear sign that as the digital asset industry matures, compliance and transparency are becoming increasingly important across the ecosystem.
BlockBase Capital
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π¨ Revolut Hit by $3M Crypto Extortion Threat
π₯Digital banking giant Revolut has reportedly been targeted by hackers demanding $3 million in Monero (XMR) following an alleged customer data leak.
The stolen information reportedly includes passport scans, driving licenses, biometric verification data, and account balance details from at least 680 customers across Europe.
π₯The attackers allegedly used compromised Italian government email systems to send forged legal requests and obtain the data over several months.
Revolut says its internal infrastructure and customer account balances remain unaffected.
πΈThe incident highlights how social engineering, identity fraud, and data access vulnerabilities can pose significant risks alongside traditional cybersecurity threats.
BlockBase Capital
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π₯Digital banking giant Revolut has reportedly been targeted by hackers demanding $3 million in Monero (XMR) following an alleged customer data leak.
The stolen information reportedly includes passport scans, driving licenses, biometric verification data, and account balance details from at least 680 customers across Europe.
π₯The attackers allegedly used compromised Italian government email systems to send forged legal requests and obtain the data over several months.
Revolut says its internal infrastructure and customer account balances remain unaffected.
πΈThe incident highlights how social engineering, identity fraud, and data access vulnerabilities can pose significant risks alongside traditional cybersecurity threats.
BlockBase Capital
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ππ»π³ Vietnam Proposes Proof of Reserves Reporting for Crypto Exchanges
π₯Vietnamβs Ministry of Finance is proposing to include Proof of Reserves (PoR) in the reporting framework for crypto-asset service providers.
Under the draft, exchanges would report weekly data on:
β Customer assets under custody
β Hot and cold wallet holdings
β Blockchain networks & wallet addresses
β Proof of Reserves, where available
π₯PoR could give regulators more visibility into whether exchange-held assets correspond with customer assets.
However, PoR is not a substitute for a full financial audit. It may show assets held at a specific point in time, but does not necessarily reveal liabilities, pledged assets, lending, or reuse of funds.
π The move signals a broader focus on transparency, custody, and asset segregation as Vietnam develops its digital-asset market.
BlockBase Capital
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π₯Vietnamβs Ministry of Finance is proposing to include Proof of Reserves (PoR) in the reporting framework for crypto-asset service providers.
Under the draft, exchanges would report weekly data on:
β Customer assets under custody
β Hot and cold wallet holdings
β Blockchain networks & wallet addresses
β Proof of Reserves, where available
π₯PoR could give regulators more visibility into whether exchange-held assets correspond with customer assets.
However, PoR is not a substitute for a full financial audit. It may show assets held at a specific point in time, but does not necessarily reveal liabilities, pledged assets, lending, or reuse of funds.
π The move signals a broader focus on transparency, custody, and asset segregation as Vietnam develops its digital-asset market.
BlockBase Capital
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π Big Tech is going all-in on Stablecoins & Tokenization!
Apple and Google are actively hiring talent with expertise in stablecoins, tokenized deposits, and blockchain.
πΉ Apple is seeking a financial product strategy leader for Apple Pay, with stablecoin and tokenized deposit knowledge among the preferred qualifications.
πΉ Google Cloud is hiring a Web3 Principal Architect in Hong Kong to work across stablecoins, tokenized RWAs, digital asset custody, and blockchain infrastructure.
The trend goes beyond Big Tech. Visa, Mastercard, and Stripe are also expanding stablecoin payment and settlement capabilities globally.
Stablecoins and tokenization are increasingly moving from crypto-native use cases into payments, banking, commerce, and financial infrastructure.
π The next phase of digital finance may be built as much by traditional tech and financial giants as by crypto-native companies.
BlockBase Capital
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Apple and Google are actively hiring talent with expertise in stablecoins, tokenized deposits, and blockchain.
πΉ Apple is seeking a financial product strategy leader for Apple Pay, with stablecoin and tokenized deposit knowledge among the preferred qualifications.
πΉ Google Cloud is hiring a Web3 Principal Architect in Hong Kong to work across stablecoins, tokenized RWAs, digital asset custody, and blockchain infrastructure.
The trend goes beyond Big Tech. Visa, Mastercard, and Stripe are also expanding stablecoin payment and settlement capabilities globally.
Stablecoins and tokenization are increasingly moving from crypto-native use cases into payments, banking, commerce, and financial infrastructure.
π The next phase of digital finance may be built as much by traditional tech and financial giants as by crypto-native companies.
BlockBase Capital
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π¨ Coinbase x Citi: Stablecoins Move Into Business Payments
Coinbase has expanded its collaboration with Citi to connect traditional banking infrastructure with digital asset payments.
πΉ Coinbase Virtual Accounts β businesses can accept, hold, and send fiat, with incoming funds automatically converted into stablecoins.
πΉ Spring by Citi β Citiβs institutional clients can accept stablecoin payments without directly holding or managing stablecoins. Coinbase converts the payment into fiat, while Citi handles settlement.
π₯The collaboration highlights a growing shift toward integrating stablecoins into mainstream payment infrastructure β creating a more seamless bridge between fiat and digital assets.
The initiatives will launch first in the U.S., with more capabilities expected to follow.
BlockBase Capital
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Coinbase has expanded its collaboration with Citi to connect traditional banking infrastructure with digital asset payments.
πΉ Coinbase Virtual Accounts β businesses can accept, hold, and send fiat, with incoming funds automatically converted into stablecoins.
πΉ Spring by Citi β Citiβs institutional clients can accept stablecoin payments without directly holding or managing stablecoins. Coinbase converts the payment into fiat, while Citi handles settlement.
π₯The collaboration highlights a growing shift toward integrating stablecoins into mainstream payment infrastructure β creating a more seamless bridge between fiat and digital assets.
The initiatives will launch first in the U.S., with more capabilities expected to follow.
BlockBase Capital
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π The $300B Stablecoin Market Has A New Contender!
π₯Open Standard has officially launched Open USD (OUSD), backed by a powerhouse alliance of Coinbase, Mastercard, Shopify, Stripe, and Visa!
Issued by Bridge (acquired by Stripe for $1.1B) with reserves held safely at BlackRock, BNY, and Lead Bank, OUSD is built to take on the USDT-USDC duopoly.
β‘οΈ Key Highlights:
πΉZero Fees: Free 1:1 minting and redemption for businesses via Stripe, Mastercard, Visa, and Coinbase.
πΉProfit-Sharing: Unlike traditional issuers, OUSD distributes almost all reserve yield back to the partners and businesses driving actual adoption.
πΉMulti-Chain Power: Live simultaneously on Ethereum, Solana, Base, and Tempo.
πΉMassive Adoption: Already backed by a network of over 200 banks and fintechs (including UBS and SBI Holdings).
ππΈWith giants like Tempo predicting OUSD to scale past $10B by 2027, the battle for stablecoin supremacy is heating up!
BlockBase Capital
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π₯Open Standard has officially launched Open USD (OUSD), backed by a powerhouse alliance of Coinbase, Mastercard, Shopify, Stripe, and Visa!
Issued by Bridge (acquired by Stripe for $1.1B) with reserves held safely at BlackRock, BNY, and Lead Bank, OUSD is built to take on the USDT-USDC duopoly.
β‘οΈ Key Highlights:
πΉZero Fees: Free 1:1 minting and redemption for businesses via Stripe, Mastercard, Visa, and Coinbase.
πΉProfit-Sharing: Unlike traditional issuers, OUSD distributes almost all reserve yield back to the partners and businesses driving actual adoption.
πΉMulti-Chain Power: Live simultaneously on Ethereum, Solana, Base, and Tempo.
πΉMassive Adoption: Already backed by a network of over 200 banks and fintechs (including UBS and SBI Holdings).
ππΈWith giants like Tempo predicting OUSD to scale past $10B by 2027, the battle for stablecoin supremacy is heating up!
BlockBase Capital
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π·πΊ Russia's Finance Ministry Pays First Salaries in Digital Rubles!
Russiaβs Ministry of Finance has paid salaries in digital rubles for the first time, marking another step in the countryβs CBDC rollout.
The voluntary program began on October 1, following federal budget trials that processed around 16 million digital rubles in 2025.
The move highlights how CBDCs are gradually moving beyond pilot programs into real-world applications across public finance and payments.
π‘As more countries test sovereign digital currencies, CBDCs could play an increasingly important role in reshaping payment infrastructure and financial systems.
BlockBase Capital
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Russiaβs Ministry of Finance has paid salaries in digital rubles for the first time, marking another step in the countryβs CBDC rollout.
The voluntary program began on October 1, following federal budget trials that processed around 16 million digital rubles in 2025.
The move highlights how CBDCs are gradually moving beyond pilot programs into real-world applications across public finance and payments.
π‘As more countries test sovereign digital currencies, CBDCs could play an increasingly important role in reshaping payment infrastructure and financial systems.
BlockBase Capital
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π Over $1B in Stolen Crypto Allegedly Laundered Through Chinese Network
πΊBlockchain investigator ZachXBT claims a Chinese organized crime network laundered more than $1 billion in crypto stolen from multiple exploits on behalf of North Koreaβs Lazarus Group.
By posing as a customer, ZachXBT said he gained access to the network shortly after the $1.5B Bybit hack, helping trace a cluster of over $12M in Bybit-linked funds. Tether later froze $442,000 in associated USDT.
πΊThe case highlights how stolen crypto can move through multiple layers β from chain-hopping and token swaps to DEXs, bridges and intermediaries β making fund tracing increasingly complex.
π On-chain transparency remains a critical tool in tracking illicit flows and strengthening security across the digital-asset ecosystem.
BlockBase Capital
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πΊBlockchain investigator ZachXBT claims a Chinese organized crime network laundered more than $1 billion in crypto stolen from multiple exploits on behalf of North Koreaβs Lazarus Group.
By posing as a customer, ZachXBT said he gained access to the network shortly after the $1.5B Bybit hack, helping trace a cluster of over $12M in Bybit-linked funds. Tether later froze $442,000 in associated USDT.
πΊThe case highlights how stolen crypto can move through multiple layers β from chain-hopping and token swaps to DEXs, bridges and intermediaries β making fund tracing increasingly complex.
π On-chain transparency remains a critical tool in tracking illicit flows and strengthening security across the digital-asset ecosystem.
BlockBase Capital
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π₯Samsung Wallet Integrates Solana Stablecoins! π±
ππΈSolana Foundation has announced that Samsung Wallet & Samsung Pay are officially integrating native USDC on Solana, launching for 82 million U.S. Galaxy devices later this month (October 2026).
Solanaβs infrastructure will operate behind the scenes, with integrated fiat on- and off-ramps to simplify the experience.
π Solana has already processed more than $5.25T in stablecoin volume in 2026, and this integration could push stablecoins even further into everyday financial use.
BlockBase Capital
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ππΈSolana Foundation has announced that Samsung Wallet & Samsung Pay are officially integrating native USDC on Solana, launching for 82 million U.S. Galaxy devices later this month (October 2026).
Solanaβs infrastructure will operate behind the scenes, with integrated fiat on- and off-ramps to simplify the experience.
π Solana has already processed more than $5.25T in stablecoin volume in 2026, and this integration could push stablecoins even further into everyday financial use.
BlockBase Capital
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π¨XRPL Patches Bug That Could Create Unlimited XRP
XRP Ledger deployed an emergency patch on September 25 to fix a vulnerability dating back to 2015 that could have allowed attackers to create XRP beyond its fixed supply.
Developers bypassed the usual two-week validator voting process, citing security risks. The decision has since sparked debate over XRPLβs decentralization and governance.
π No evidence of exploitation has been found on any public network, according to developers.
BlockBase Capital
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XRP Ledger deployed an emergency patch on September 25 to fix a vulnerability dating back to 2015 that could have allowed attackers to create XRP beyond its fixed supply.
Developers bypassed the usual two-week validator voting process, citing security risks. The decision has since sparked debate over XRPLβs decentralization and governance.
π No evidence of exploitation has been found on any public network, according to developers.
BlockBase Capital
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