rust

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

Austrian cryptocurrency exchange Bitpanda's co-CEO Christian Trummer stated in Cointelegraph's Chain Reaction program that with the implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA), European crypto users' trust in regulated platforms has increased. He pointed out that most users trust regulated market participants more than managing private keys themselves.Trummer described the preference for self-custody as a small circle focused on "Crypto Twitter," believing that most users are more inclined to choose regulated service providers. He also called on regulators to enforce MiCA more strictly, stating that some companies are still providing services to European customers without obtaining a MiCA license, putting compliant businesses at a competitive disadvantage.The transition period for existing crypto service providers under MiCA ended no later than July 1, and the European Securities and Markets Authority (ESMA) instructed national regulators to take action against unauthorized companies that continue to provide crypto services after the transition period. ESMA subsequently called for stronger regulatory powers to address unauthorized crypto services and third-country companies soliciting business from EU investors without MiCA authorization.

Bybit CEO Ben Zhou stated in an interview with Turkish media Fintechtime that, reflecting on the 2025 Bybit attack incident, one of the issues was the use of third-party service providers and the excessive concentration of assets within that third-party related system.Zhou mentioned that since then, Bybit has comprehensively adjusted its security policies, shifting to a zero-trust model, while decentralizing wallets across different architectures and strengthening the isolation of local and global operations to reduce the risk of a single attack impacting a large amount of assets. He also stated that Bybit hopes to develop its Turkish operations into a super application covering crypto trading, payments, global transfers, and more investment products in the future.

Bitcoin Magazine reported that the CEO of the retirement account platform iTrustCapital, which has a scale of 1.3 billion dollars, stated that over 50% of the company's clients are buying Bitcoin.The CEO mentioned that investors have been continuously allocating since the price of Bitcoin fell to a low of 58,000 dollars.

According to the official announcement from Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Trust Bank will acquire all shares of Japan Digital Asset Trust Establishment Co., Ltd. (JADAT) held by Bitbank on October 1, 2026, making it a wholly-owned subsidiary.The Sumitomo Mitsui Trust Group has identified the digital asset market as an important growth area, believing that highly reliable asset management and custody functions are highly compatible with its trust business. After becoming a wholly-owned subsidiary, JADAT will accelerate the procedures for management trust registration, striving to officially launch digital asset-related businesses as soon as possible.

Polymarket's Vice President Josh stated on platform X that the team is fully developing a complete Central Limit Order Book (CLOB) based on Rust, as the current CLOB is the root cause of most issues on the platform.According to the plan, the complete order lifecycle process, including trading, settlement, on-chain interaction, indexer, and engine notifications, will be completed in the testing environment in October; in November, all production traffic will be mirrored to the new trading cluster, and results will be compared with the existing system. At the same time, testing permissions will be opened to market makers, and the migration switch plan will be locked in, with two complete drills to be completed before the official switch.Josh also mentioned that if progress goes smoothly, the new system will be officially released, and the migration is expected to require little or no changes for market makers and developers.

Binance will support SpaceX (SPCXB) airdrop plan for MarsCoin (MARSCOIN) holders, as well as Invesco QQQ Trust (QQQB) airdrop plan for Bullish holders. Effective holdings will be counted starting from September 2026, with the first distribution taking place in early October 2026. Users must complete identity verification (KYC) and be from eligible jurisdictions.

X Platform post by Xu Jiayin stated that Bitget has commissioned a third-party security team to conduct an independent forensic investigation into this security incident. Multiple teams are working together to verify remedial measures, confirm the attack vector, and assist in law enforcement cooperation. The investigation results will be announced promptly.He stated that Bitget has sufficient protection funds to cover the related losses and will restore withdrawals as soon as all potential security risks are eliminated.

According to Bitcoin News monitoring, this batch of Bitcoin is worth over 4 million dollars, accounting for about 2.8% of the total Bitcoin related to the Coldcard vulnerability. Crypto Recovery Trust will verify the ownership of the funds and attempt to return them.Alex Thorn, head of research at Galaxy Digital, stated that another 3.0134 BTC was transferred to that address in the same transaction, but its source has not yet been confirmed.

White hat actors transferred 40.71 bitcoins related to the Coldcard vulnerability into a single transaction, valued at approximately 3.31 million dollars. This transaction aggregated funds from 11 addresses and included OP_RETURN information pointing to the Crypto Recovery Trust.Alex Thorn, head of Galaxy Research, revealed that a larger aggregation transferred a total of 52.37 bitcoins, involving multiple clusters of attacker addresses, accounting for about 2.8% of the funds involved in the vulnerability. A firmware flaw in Coldcard devices from March 2021 led to insufficient randomness in the mnemonic phrases, with the peak amount of funds involved being approximately 130 million dollars.

Feixiaohao partners with MOS/SSD to advance the Feixiaohao × GWDC 2026 Innovation Forum. MOS/SSD will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, and AI.MOS/SSD (Sea Star) will participate in this forum as a co-organizer. MOS (Sea Star Community) is a decentralized autonomous organization (DAO) deeply engaged in Web3, established on February 19, 2022. The community's vision is to build a trustworthy metaverse DAO and collaborate with SPF META to promote blockchain gaming and the metaverse ecosystem.The GWDC Korea event is expected to attract 5,000 participants, with guests and institutions such as Sun Yuchen, Animoca Brands, Bithumb, and Microsoft also in attendance. The entry of the Sea Star community into this scene will help bring the DAO, blockchain gaming, and metaverse community ecosystem into a more open exchange environment.

On September 18, the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for the establishment of Catena Trust Bank, N.A. (under construction), a financial institution aimed at AI agents.Once full approval is obtained, the bank will provide custodial digital asset custody, investment management, and trust services under OCC supervision.

Stablecoin issuer Agora posted on X that it has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.Agora stated that this is an early milestone on its path toward a full license and regulated stablecoin infrastructure.

Bitcoin News posted on the X platform stating that Spaces has launched "Trust Anchor," allowing applications to directly verify human-readable identities based on Bitcoin without relying on centralized servers.Users can obtain a single Trust ID and scan or paste it into Spaces-compatible applications to verify identity identifiers like alice@bitcoin based on the locally verified Spaces protocol status. The Trust ID is generated from the Bitcoin block header chain and the accumulated status of Spaces; the Veritas application on macOS can generate this ID without the need to run a full Bitcoin node, and users can also connect their own nodes or generate the same Trust ID through the Spaces client.This solution aims to use Bitcoin as the foundation for a decentralized certificate authority, enabling applications to authenticate identities without trusting company servers.

According to the monitoring by the head of Galaxy Research, the Coldcard white hat funds will come from the merger of 52.37 BTC from Wave 2, Footprints AA, AU, and AX into a new address, which recorded the OP_RETURN message "claim:cryptorecoverytrust dot com" in block number 967,948.These white hat funds account for 2.8% of the Coldcard vulnerability attack funds.

Stablecoin infrastructure company Bastion announced that the Office of the Comptroller of the Currency (OCC) has granted it preliminary conditional approval for a national trust bank charter. This charter allows Bastion to incorporate stablecoin issuance, custody, and exchange products under the same federal regulatory entity, adding OCC federal oversight on top of its existing state licenses. The company will operate under the name Bastion Platforms National Trust Company, providing stablecoin custody and wallets, payment infrastructure, and white-label issuance services.Bastion previously obtained a New York trust license in February 2025. Under the new charter, the company will offer custodial services for USDC and other digital assets compliant with the GENIUS Act, as well as white-label stablecoin wallet and issuance services (minting, redemption, and exchange), and continue to provide technology and operational infrastructure to other regulated issuers. Bastion itself does not issue stablecoins but primarily provides technology, operations, and compliance stacks for enterprise stablecoin projects.Bastion also appointed four new advisors: Colleen Taylor (Board, former President of American Express U.S. Merchant Services), Michael Patterson (Board, former Chief Compliance Officer of Genesis), Stuart Breslow (Advisor, former Chief Compliance Officer of Morgan Stanley), and Gabriella Fitzgerald (Advisor, former CEO of Optum Financial Medical Payments).

Bitget's Chief Legal Officer Hon Ng released an open letter on the occasion of the 8th anniversary. As the platform continues to evolve towards a panoramic exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the range of verifiable assets from the original 4 cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has consecutively released 46 PoR reports.In the letter, Hon Ng pointed out, "Growth and responsibility have never been two independent matters." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards also need to be upgraded in tandem. "Making trust visible and verifiable has always been an important cornerstone of Bitget's commitment to long-termism."In terms of security systems, the account side covers 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while the platform's security mechanisms integrate withdrawal protection, abnormal behavior detection, and anti-fraud systems, providing backend support for every user operation. The "Market Order and Token Responsibility Framework" launched this year further strengthens ongoing monitoring and risk management for listed assets, project parties, and market makers. Continuous optimization of mechanisms and transparency initiatives maintain a fair and orderly trading environment.In terms of compliance, Bitget has obtained corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and continues to improve its compliance systems such as KYC, KYB, AML, CFT, and sanctions list screening to adapt to the regulatory requirements of different markets and asset categories.

Paradigm founder Matt Huang commented on Zcash via Twitter. He stated that all blockchain ecosystems face the long-term funding challenge for public goods, and funding developer funds through inflation is a relatively elegant mechanism; how funds are allocated can be discussed and continuously improved. In the context of accelerating AI network attack capabilities and advancements in quantum computing, developer funds remain very important.Regarding governance, Matt Huang mentioned that as Zcash is increasingly accepted by more users as a complementary asset to Bitcoin for privacy, voting solely based on the amount of tokens held will bring uncertainty and may limit its long-term trust as a monetary asset. The project is better off combining token-based voting with other forms of governance.

Court documents show that Elon Musk's company X and xAI have resolved the antitrust lawsuit against Apple (AAPL.O).

The U.S. SEC is reviewing Grayscale's application to rename the Grayscale Litecoin Trust to "Grayscale Litecoin Trust ETF," which is planned to be listed on NYSE Arca under the stock ticker LTCN.