Your Crypto Wallet Could Replace Your Credit Score — Coinbase's CEO Thinks So

Coinbase CEO Brian Armstrong said onchain reputation will soon replace traditional credit scores. He named the FICO score, the three-digit rating behind 90% of top United States lending decisions.  Armstrong was replying to Base creator Jesse Pollak, who had highlighted the rapid progress of undercollateralized onchain credit. Base is Coinbases Ethereum layer-2 network.  Sponsored  Sponsored  Why Onchain Reputation Could Replace Credit Scores  FICO scores run from 300 to 850. Payment history and total debt drive 65% of the number. Credit bureaus own the inputs, and borrowers see little of the method.  Onchain reputation will be the new FICO score https://t.co/NMG56Ymv9k  — Brian Armstrong (@brian_armstrong) August 31, 2026  Brian Armstrong. Source: X  Onchain reputation inverts that setup. Public ledgers already log repayment history, wallet age, and counterparty behavior. Therefore, any lender can read the same record.  Collateral still rules crypto credit, however. Galaxy Research found crypto lending fell 17% to $56.16 billion in the second quarter of this year.  Coinbase kept building anyway. The exchange expanded its Coinbase crypto lending push in February, with collateral behind every loan.  Meanwhile, DeFi has shifted toward curated risk, with DeFi lending strategy layers packaging exposure into managed vaults.  Sponsored  Sponsored  What a Wallets History Can and Cannot Prove  Bitcoin (BTC) shows both sides of the idea. Its ledger has logged

08-31انڈسٹری

Crypto September Financial Calendar: Regulatory Double Whammy + Rate-Hike Triple Play — A Preview of September’s “Crypto Bloodbath”

Bitcoin closed August with a gain of approximately 24% (Binance data). Even by bull-market standards, that is a top-tier monthly performance. As a result, the market went directly from deserted and lifeless trading conditions to a sudden return of bullish greed, with the Fear 40,000 | Estimated probability: ~25%  If employment growth falls significantly short of expectations—or turns negative again—it would reinforce signs of a weakening labor market. Expectations for the Fed to maintain an accommodative stance would rise, potentially allowing Bitcoin to extend its rebound.  Scenario 2: Data meets expectations  New jobs: 50,000–70,000 | Estimated probability: ~55%  If payroll growth lands within the consensus range of roughly 55,000–65,000, the “low hiring, low firing” environment would continue. The market would likely maintain its current rate-hike expectations—around 57%—and Bitcoin could experience short-term whipsaw volatility in both directions.  Scenario 3: Data unexpectedly comes in strong  New jobs 80,000 | Estimated probability: ~20%  A stronger-than-expected employment report would further reinforce market pricing for a September Fed rate hike, potentially pushing Treasury yields higher and putting pressure on risk assets. Bitcoin could face short-term selling pressure.  Of course, a series of preliminary indicators will be released before the nonfarm payrolls report:  Tuesday: July JOLTS job openings  Wednesday: August ADP employment report  Thursday: Federal Reserve Beige

08-31گہرا غوطہ

Crypto Laundromat Smashed: FBI and Australian Police Crush Global Cyber Syndicate

The U.S. Embassy in Australia and the Federal Bureau of Investigation (FBI) have publicly announced the completion of a joint operation with the Australian Federal Police that dismantled an international crypto laundering operation serving a global cybercrime syndicate.  Washington is positioning the case as a demonstration of law enforcement agencies ability to deanonymize and seize cryptocurrency and other assets anywhere in the world.  How two young Australians created a global problem for 1,000 companies and the FBI  Two local residents have been taken into custody in Perth, Western Australia: 21-year-old Reuben Ian Thomson and 23-year-old Louis Michael Gebler. According to investigators, the suspects organized a global cyber operation through a supply-chain attack:Source code modification: The suspects allegedly embedded malware into legitimate and popular open-source software development tools.Network compromise: The vulnerable software allowed the hackers to gain covert access to the infrastructure of more than 1,000 organizations worldwide, leading to the theft of 300 gigabytes of corporate data and 500,000 user credentials.Cryptocurrency laundering: Access to the compromised networks was sold for cryptocurrency on underground darknet forums. Decentralized mixers and distributed chains of wallets were used to launder the proceeds. During the searches, authorities seized large amounts of crypto assets and premium property purchased with

08-31انڈسٹری

Tectonic Cronos: CRO Price Reacts to $75M Exploit Halt

CRO is trading near $0.05636, down 4.89% on the day, as the Cronos network digests one of its messiest weekends in recent memory following the exploitation of the Tectonic Cronos DeFi platform, which halted the entire chain.  Cronos confirmed Sunday (August 30) that it identified an exploit targeting Tectonic, a decentralized lending protocol built on the chain, and paused the network in response. Tectonic separately warned users not to interact with the protocol.  We identified an exploit in Tectonic.  The Cronos Network has been halted and well provide updates here  — Cronos Network (@CronosNetwork) August 30, 2026  Researcher Weilin Li said the attacker exploited TONIC‘s 20% collateral factor and thin liquidity, pumping the governance token 100-fold in 20 minutes before borrowing against it, a pump-and-borrow style attack. Li’s estimate of losses has climbed from $66M to roughly $75M as additional attacker-controlled wallets surfaced.  Crypto.com CEO Kris Marszalek said the exchange and app were unaffected, easing some of the contagion fears. Still, the exploit lands amid an already fragile technical setup for CRO, with the token down over -5% over the past week before this news dropped.  (SOURCE: TradingView)  Can the CRO Price Hold Support After the Tectonic Cronos Exploit Shock?  CROs slide to $0.056 puts it just above the

08-31انڈسٹری

Ireland Bars Crypto From State Savings Scheme Targeting $203B in Deposits

In briefTánaiste Simon Harris said Sunday that crypto assets will be excluded from Irelands new savings and investment scheme.Cryptocurrencies, derivatives and interest-bearing cash are all shut out, while shares, bonds, funds and ETFs qualify.The scheme is designed to move some of the $203 billion (€175 billion) Irish households hold in bank deposits.  Crypto will have no place in the tax-advantaged savings accounts Ireland is preparing to open to every adult in the country.  Tánaiste and Minister for Finance Simon Harris set out the shape of the scheme on Sunday in a video posted to Instagram, saying he wanted the accounts to “make a real difference in building up your own economic resilience.” Savers will be able to hold shares, bonds, funds, exchange-traded funds and insurance-based products, according to reports. Crypto assets are excluded, along with derivatives and interest-bearing cash.  Myriad: Bitcoins next price move? Click to make your prediction  Each Irish tax-resident aged 18 or over will be entitled to one account. Contributions up to a tax-free threshold will escape tax entirely, with anything above it charged an annual low flat rate. There will be no minimum contribution and no minimum lock-in period, though an annual contribution cap will apply. The thresholds and rates

08-31انڈسٹری

Ontology halts mainnet block production over potential security concern

Ontology has temporarily halted mainnet block production after its core developers identified a potential security concern during a routine check, leaving on-chain transactions suspended while validators conduct an emergency review.  The Ontology Network said in an official announcement that its core development team detected the potential issue during a daily security check and immediately moved to stop block production as a precaution. No security incident has been confirmed, and the team said it has found no evidence that ONT, ONG or other user assets have been lost or compromised.  ???? Ontology Mainnet Emergency Pause  Ontology has identified a potential security concern requiring immediate investigation.  As a precautionary measure, block production has been temporarily suspended while our technical team and validators conduct a comprehensive security… pic.twitter.com/GfiXSW76lW  — Ontology – The Trust Layer for AI & Web3 (@OntologyNetwork) August 31, 2026  Ontology mainnet remains paused during security review  With block production stopped, transactions submitted to the Ontology mainnet cannot be processed until network operations resume. The team has not provided an estimated time for the restart and said the review will take priority over restoring the chain quickly.  Ontology described the halt as a preventive measure, distinguishing it from a response to an active attack or confirmed theft. Developers and

08-31انڈسٹری

XRPL consensus freezes after removing just 12% of central nodes – but a simple tweak triples XRP defense

A new XRP Ledger study says two or three extra peer connections per participating node can sharply raise the number of nodes a targeted attack must remove to disrupt modeled consensus.  Related Asset XRP #5 XRP · $1.38 24-hour change: down 0.86% 24H Down 0.86% 7D Down 6.90% 30D Up 29.90%  XRPL consensus depends on enough trusted validators receiving one another‘s messages. A separate peer-to-peer network carries those messages between servers, so extra routes could keep validator traffic moving if an attack removes the network’s busiest hubs.  The Aug. 26 arXiv paper tests random K-out augmentation. K is the number of new undirected edges each participating node creates to peers chosen uniformly at random.  At 60% participation and K=2, the models quorum critical attack size rose from 11% to 38% when removals targeted the highest-degree nodes. Under an attack ordered by betweenness centrality, which prioritizes nodes that sit on many shortest paths, the threshold rose from 12% to 33%.  The second change is 2.75 times the baseline. The metric measures the simulated share of nodes removed before fewer than 80% of the models validators remain together in one connected component. Observed attack cost remains unknown.  At 80% and 100% participation, K=3 matched or exceeded the modeled

08-31انڈسٹری

Bullish Zone: XRP Ledger Prints 200% Increase, With 103% Surge in Volume

A unique combination of network metrics is being produced by XRP Ledger, with some indicators rising by about 200% while a number of headline activity metrics are sharply declining. The divergence implies that rather than increasing generally, activity has become more concentrated.  Activity stays up  Active users, which increased by 211% to roughly 498,200, have the highest reading. Transactions per ledger reached 191.68 after an additional 191.3% increase.  XRP/USDT Chart by TradigView  When taken as a whole, these numbers demonstrate how much more activity is being packed into the ledgers that the network is currently closing. Additionally, payment activity continues to be reasonably robust. At roughly 540,700, the number of payments rose by 5%. The remainder of the picture, though, is far less consistently optimistic.  Successful transactions decreased by 31.3% to 697,300, while total transactions fell by 42.7% to 771,300. Newly created accounts fell 85.2% to just 340, while active accounts fell 73.1% to about 3,800. Another significant contradiction is the volume of payments.  The total payment volume decreased by 89.2% to approximately 45.2 million XRP, even though the number of payments increased. Transaction fees also dropped by 79.3%, which caused XRP to soar. Therefore, the 200% or higher spikes should not be taken as proof

08-31انڈسٹری

Here‘s how much you need to invest in NVDA to earn $100 from Nvidia’s next dividend

Investors seeking to earn $100 from Nvidias (NASDAQ: NVDA) next dividend payment will need to own 400 shares, based on its declared quarterly dividend of $0.25 per share.  With Nvidia closing at $217.55 on August 28, 2026, purchasing 400 shares would require an investment of approximately $87,020.  Shareholders who own the stock before the September 10, 2026 ex-dividend date will be eligible to receive the payout, which is scheduled for October 1, 2026.  Nvidia dividend payment schedule. Source: Dividend.com  The company currently offers a forward dividend yield of about 0.46%, with a forward payout ratio of 6.44%, indicating that only a small portion of earnings is being distributed to shareholders.  The upcoming dividend follows the previous payment of $0.25 per share made on June 26, 2026. Nvidia has increased its dividend for three consecutive years, although income remains a relatively small part of the stocks overall investment appeal.  Nvidia stock fundamentals  While Nvidia maintains a dividend, the company remains primarily a growth-focused investment driven by artificial intelligence demand.  On August 26, the chipmaker reported fiscal second-quarter results that exceeded Wall Street expectations. Revenue surged 106% year-over-year to $96.2 billion, while adjusted earnings per share climbed 120% to $2.22.  Data center revenue reached $89 billion, up 117% from a year

08-31انڈسٹری

XRP Ledger lending vote: What XRP holders should know

XRP Ledger validators are considering two amendments that would add single-asset vaults and fixed-term lending directly to the networks core protocol.  SummaryXLS-65 and XLS-66 remain below the 80% validator threshold required before XRP Ledger mainnet activation.Single Asset Vaults would pool one token, while XLS-66 would issue fixed-term uncollateralized institutional loans.Ripple joined Clearpool and Cicada as an investor, but does not guarantee the funds losses.RLUSD would serve as the credit asset, while XRP would pay transaction fees and reserves.Activation requires validator support above 80% for two consecutive weeks, leaving the launch date uncertain.  The amendments, XLS-65 and XLS-66, are open for validator voting but have not reached the support required for activation. An amendment must maintain support from more than 80% of trusted validators for two consecutive weeks before it can become active.  Ripples validator voted in favor of both amendments in August. However, Ripple cannot approve the changes independently because validators decide whether to support each amendment.  XRPL Lending  Waiting for the @sherlockdefi checks on XLS-66-65, 80% consensus is needed to pass (currently at 34% & 37%). Should they pass, vetted participants will begin deployment into private gate-kept vaults with ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed as… https://t.co/xImo93Mgln pic.twitter.com/5F1B5RZN0u  — ????Eri ~ Carpe Diem (@sentosumosaba) August 31, 2026  Current support remains well

08-31انڈسٹری
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