The brilliance of "set in stone"

HomepageNews  EditorialThe brilliance of “set in stone”  The views expressed in this article are those of the author and do not necessarily reflect the position of CoinGeek.  Four blocks.  That is the lifetime output of the chain that was going to save BTC)from spam. BIP110 opened its mandatory signaling window at block 961,632 on August 8, 2026, with miner support under 3%, and the Knots nodes enforcing it rejected the first non-signaling block and walked off to find their destiny… Casa co-founder Jameson Lopp‘s post-mortem found who was behind it: “Turns out there was only one tiny entity that called themselves ’Roughnecks who mined the entirety of the 4 blocks on the BIP-110 fork.” Two blocks on the Saturday, two more the next day, and then nothing. bip110.org still insists the activation went off “successfully” and that “Bitcoin is alive albeit low hash-powered after SHA256d mining pools quit the network.” Four blocks!  Meanwhile, on BSV blockchain, the loudest standards conversation is about a wallet interface or novel token protocols built in script, and no matter what people do, nobody will fork anything at the base layer.  Does a fixed base layer end change? No. It moves up a floor, where it is cheap, optional, and competitive,

09-07Industry

Tether-Backed Orionx Shuts Down After $7M Gap

Chilean crypto exchange Orionx, backed by USDt stablecoin issuer Tether, is shutting down after a forensic audit found that more than $7 million in customer assets had moved to wallets outside its custody. The firm said it began a permanent closure process after the audit, according to Cointelegraph reporting on the announcement. “Our sole priority now is to return as much of our clients assets as possible,” Orionx said, adding that withdrawals are temporarily suspended.  The Audit and the Shortfall  The exchange said an internal review found that balances recorded in its systems exceeded the assets held at its custody addresses for Bitcoin, Ether, XRP and Polygon. Orionx did not specify when the transfers occurred or how the discrepancy was first uncovered. According to Chilean newspaper La Tercera, chief operating officer Thomas Mac Millan detected a “significant mismatch” between recorded balances and actual custody on August 27, which triggered the external forensic audit. The review came as Orionx worked to comply with Chiles Fintech Law, having already brought in financial professionals during a 2025 review of its operations. Founded in 2017, Orionx has offered trading and payment services across Chile, Peru, Colombia and Mexico.  A Criminal Complaint Against Co-Founders  Orionx said it filed a

09-07Industry

Hanwha taps Avalanche for tokenized securities platform in South Korea

Hanwha Investment & Securities has reportedly completed a tokenized securities platform supporting Avalanche as South Korea prepares to bring blockchain-based securities into its regulated capital markets system in February 2027.  SummaryHanwha has reportedly built a tokenized securities platform supporting Avalanche and Hyperledger Besu.South Koreas tokenized securities amendments are scheduled to take effect on Feb. 4, 2027.The FSC plans to initially allow tokenization of certain funds, bonds, unlisted stocks and fractional securities.Hanwha has expanded its tokenization investments through stakes in Securitize and Digital Asset.  Seoul Economic Daily reported Sunday that the South Korean brokerage began developing the platform with blockchain technology firm FairSquare Lab in 2025. The system was built to operate across multiple networks, including Avalanche and enterprise Ethereum client Hyperledger Besu.  Development has come ahead of amendments to South Korea‘s Electronic Securities Act and Capital Markets Act taking effect on Feb. 4, 2027. The changes will legally recognize distributed ledgers as securities registers and allow tokenized securities to operate within the country’s existing capital markets framework.  The Korea Securities Depository is preparing infrastructure capable of connecting with Avalanche, Hyperledger Besu and Hyperledger Fabric, giving securities companies several blockchain options as they build systems for the incoming framework.  Hanwha tokenized securities platform supports Avalanche  Hanwha started

09-07Industry

USD/JPY Price Forecast: Fresh downside leg expected below 155.00

The Japanese Yen (JPY) trades flat against the US Dollar (USD) at around 156.00 at the start of the week, but is close to its four-month low of 155.23. The pair is broadly firm due to JPY‘s last week’s outperformance, which came on the back of hawkish commentary from Bank of Japans (BoJ) board member Hajime Takata.  Yen surge raises questions over BoJ intervention and rate path  Analysts at MUFG highlight that there were “significant moves in the FX market, with the Japanese yen in particular strengthening sharply from the 160 level on 2 Sep all the way down to as low as 155.30 overnight, a 5 big figure move.” They note that it came more broadly on the policy backdrop, flagging that “BoJ Board Member Takata – one of BOJs most hawkish members – gave a speech earlier this week leaving the door open for an outsized interest rate increase as well as back-to-back hikes,” reinforcing market speculation that the BoJ could countenance a more aggressive tightening path if conditions warrant.  MUFG also flagged a weak US Dollar as another trigger for significant weakness in the US Dollar, and ruled out the possibility of BoJs intervention. “It is not entirely clear whether

09-07Industry

n.exchange Launches Private Swaps With an Added Layer of Transaction Privacy

August 28, 2026 — n.exchange,the non-custodial cryptocurrency exchange built for  individuals and businesses, today announced the release of Private Swaps, an optional  privacy-focused route available directly in its exchange widget.  Private Swaps give users an additional privacy layer within the familiar n.exchange swap flow.  By selecting Private in the exchange widget, users can access a two-provider route in which  n.exchange handles one side of the swap and a separate liquidity provider handles the other.  Splitting the execution path makes the complete transaction route harder to trace than a  conventional single-provider swap.  At release, the integration added approximately 60,000 exchange pairs and nearly doubled the  asset coverage available through n.exchange. The expansion gives users more opportunities to  choose a privacy-focused route across Bitcoin, Ethereum, stablecoins and cross-chain assets.  Actual pair and route availability can vary with liquidity, network conditions, supported regions  and n.exchange risk controls.  Privacy without a separate workflow  Private Swaps are built into the main n.exchange widget rather than offered as a separate  product. A user chooses the assets to send and receive, selects Private, reviews the available  quote and terms, and confirms the swap from the same interface used for other n.exchange  routes.  Discover more  Financial Markets News  Brokerages & Day Trading  Merchant Services & Payment Systems  Private Swaps add privacy at the routing layer. They do not promise complete

09-07Industry

Cryptocurrencies Price Prediction: Hyperliquid, Cardano & Bitcoin – Asian Wrap 07 September

Hyperliquid (HYPE) price is trading in the red on Monday, stalling after 10% gains last week. HYPE-focused Exchange Traded Funds (ETFs) recorded their fifth consecutive weekly inflows, projecting steady institutional demand. The technical outlook for HYPE warns of potential downside risk as bullish momentum stretches thin.  Cardano (ADA) trades around $0.222 on Monday after rallying over 15% last week. Mixed derivatives data and mildly bullish on-chain metrics point to cautious market sentiment. Meanwhile, strengthening momentum indicators suggest ADA could see further gains if the recovery continues.  Discover more  Digital Currencies  Merchant Services & Payment Systems  NEWS  Bitcoin trades around $79,939, maintaining a broadly bullish bias. The King Crypto holds well above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between $70,000 and $73,000, forming a firm support zone. From a technical perspective, the May 6 high at $82,850 serves as the immediate resistance zone. A confirmed breakout above this level could target the 78.6% Fibonacci retracement level at $89,337, measured from $97,924 to $57,800.

09-07Industry

Raydium LaunchLab adds support for any token pair on Solana

Raydium has expanded LaunchLab to support trading between any token pair, with LaunchOnSFs StonkFun becoming the first integration to use the new system on Solana.  SummaryRaydium LaunchLab now allows newly launched tokens to be paired with any supported quote token on the platform.StonkFun has become the first integration to use the new model after changes to Raydium programs, aggregators and trading terminals.StonkFun said deployment costs have fallen to 0.03 SOL from 0.29 SOL, while liquidity fees can be directed back into liquidity.The upgrade expands LaunchLab more than a year after Raydium introduced the platform following Pump.funs move to its own PumpSwap exchange.  According to Raydiums Sept. 7 announcement on X, LaunchLab can now pair a newly launched token with any quote token supported through Raydium, removing the fixed pairing structure used by many token launch platforms. Raydium said the upgrade brings more flexible token pairing, deeper liquidity and lower fees for memecoin trading.  LaunchLab now supports any token pair on Raydium.  The upgrade brings flexible pairing directly to Solana, with deeper liquidity, lower fees, and stronger meme-native trading.@LaunchOnSF is the first integration partner to bring the model live on LaunchLab.   LaunchOnSF confirmed that its StonkFun platform is the first integration partner to bring the

09-07Industry

Best Crypto Exchanges, Apps & Wallets in the USA

Choosing the best crypto exchange in the United States is not always straightforward. Different platforms support different states, payment methods, and trading tools, while regulatory approvals also vary widely. In this guide, we compared several of the most popular exchanges available to U.S. users, including CEX.IO, Coinbase, Kraken, Gemini, and Crypto.com.  Our ranking focuses on licensing coverage, ease of use, funding options, fees, and overall trading experience. We also tested each platforms interface, mobile app, and payment methods to evaluate performance, highlighting both strengths and limitations to help you choose the exchange that fits your needs.  1. CEX.IO  CEX.IO has operated for over a decade, serving millions of customers worldwide, and is arguably one of the best sites to buy Bitcoin in the USA.  CEX.IO offers a user-friendly desktop interface, a clean and intuitive mobile app, and a variety of payment methods, including the recently added ACH. It provides a comfortable environment for crypto beginners, offering enough tools and asset variety without overwhelming newcomers, while also having all the features to satisfy even the pickiest power users.  Trading Interface  CEX.IO‘s trading interface offers a clear left-to-right layout, with the market price, order book, buy/sell forms, and recent trades displayed cleanly without clutter. Core sections such as

09-07Industry

WikiBit Exchange Exit Risk Ranking #18: Poloniex — How Did the 12-Year “Living Fossil” of the Crypto Industry Become a “Top Wanted Target” in the Eyes of Regulators?

Preface: The Two Sides of a “Legacy Brand”  In the previous 17 editions, we investigated a series of exchanges ranging from HashKey to BigONE. Today, in the 18th edition, we turn our attention to a true “ancient beast” of the crypto world — Poloniex.  Its résumé could be described as a “living fossil among crypto exchanges”:  “Founded in 2014,” “12 years of operating history,” “one of the earliest exchanges to introduce Proof of Reserves (PoR),” “maintaining a reserve ratio above 100% for 20 consecutive months,” “a $100 million user protection fund,” “daily trading volume exceeding $1.1 billion in April 2026, surpassing Bitget and MEXC,” “supporting more than 350 cryptocurrencies” — doesnt that sound like the perfect image of a “long-established and reliable major exchange”?  But on the other side of the story:  The Seychelles Financial Services Authority (FSA) issued a public warning in March 2026, stating that the company operating Poloniex had already been dissolved on January 1, 2022, and was no longer a legitimate legal entity.  The U.S. SEC previously fined Poloniex $10 million, accusing it of knowingly operating an unregistered securities trading platform.  Indias Financial Intelligence Unit (FIU-IND) ordered Poloniex to be blocked for violating anti-money laundering regulations.  Trustpilot gave Poloniex a score of only 2.0/5,

09-07Deep Dive

Upbit is ending BONK trading support on September 7

Upbit is ceasing support for trading $BONK on Monday, thereby taking away one of the two major South Korean exchanges for the Solana meme coin, while its rival Bithumb goes the other way and supports it.  The end of trading comes as a matter of urgency for traders from Korea, as Upbit is removing the $BONK/KRW and $BONK/USDT pairs at 15:00 KST on September 7, 2026, which means the cancellation of open orders. Withdrawals for $BONK will be available until October 7.  Korean markets carry weight outside of the exchange in question. The Asia Capital Markets Report 2026 by the OECD indicates Korea and India saw the highest absolute inflow of crypto-assets in Asia in the 12 months leading to June 2025.  Two exchanges, one incident, opposite calls  On July 7, Upbit and Bithumb put $BONK under the designation of “trading caution.” The concern that led to this designation is mentioned in a notification from Bithumb on July 7: it has to do with a security incident, the cause of which was either unknown or unresolved, as well as whether any significant information has been disclosed in a timely manner.  A month later, the two exchanges parted ways.  On August 7, Bithumb lifted its caution status,

09-07Exchange
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