Top 5 Crypto News of the Week! (07 - 13 September)
Dear PointPay Family,
It's time to take a look at the week's biggest headlines, without the unnecessary noise or hype. We've put together a selection of five key stories that reflect the latest trends and major developments of the past few days.
Liquid Network loses around $320 million in the week's largest incident
On September 6, Bitcoin sidechain Liquid Network reported the withdrawal of approximately 4,000 BTC from its federated wallet, which held around 4,200 BTC. The network halted new transactions, while an investigation found that the underlying cryptographic key had not been directly compromised.
Later, the so-called white-hat attackers returned 3,400 BTC, leaving approximately 598 BTC unrecovered. According to SideSwap, the issue was related to a vulnerability in Elements used in the issuance of LBTC, rather than a compromise of the private key. The incident is particularly significant for the broader infrastructure supporting Bitcoin sidechains and bridges.
Ethereum prepares to enable fee payments without ETH
Ethereum developers have included EIP-8141 Frame Transactions in the roadmap for the planned Hegotá upgrade, which is expected in 2027. The technology will allow an application or another account to pay gas fees in ETH on behalf of the user.
This could remove one of Ethereum's biggest UX barriers: today, a user may hold USDT or another token but still be unable to send it without a small amount of ETH to cover the transaction fee. Frames also make it possible to bundle multiple related actions into a single transaction and open the door to new authorization models.
Solana plans to more than triple the maximum transaction size
Solana has announced plans to increase the limit from 1,232 bytes to 4,096 bytes with the new Transaction v1 format. This will allow more complex operations to fit into a single transaction, including larger cryptographic proofs, multisignatures, and certain confidential transfers.
The change does not eliminate the existing transaction format, but it will require updates to services that parse Solana data. Larger transactions will also consume more network bandwidth and could potentially require higher priority fees during periods of congestion.
Circle agrees to acquire Tazapay for $400 million
Circle, the issuer of USDC, has agreed to acquire fintech company Tazapay for $400 million. Tazapay specializes in cross-border payments and could provide Circle with infrastructure for connecting stablecoins with local banking systems.
The deal highlights a broader trend: major stablecoin issuers are gradually moving beyond token issuance toward building full-scale payment infrastructure. For Circle, this is particularly important because the "last mile" between blockchain networks and local banking systems remains one of the key barriers to widespread stablecoin adoption.
Ethereum makes quantum resistance a major technical priority
Ethereum has identified December 2029 as a target for establishing quantum-resistant core infrastructure. The effort focuses on protecting the execution, consensus, and data layers against potential future quantum attacks.
At the same time, Bitcoin developers are working on BIP-360 and BIP-361, which propose a transition toward post-quantum signature schemes. The push to accelerate this research has also been fueled by a decision from the U.S. Department of Commerce to provide up to $100 million each to Rigetti, D-Wave, and Quantinuum to develop larger fault-tolerant quantum computers. However, existing quantum computers do not currently pose a credible threat to Bitcoin or Ethereum.
🔥 Buy PXP tokens on MEXC: http://bit.ly/3UhCgZn
🔥 Buy PXP tokens on Bitrue: https://bit.ly/3JEreHu
🔥 Buy PXP tokens on WhiteBIT: https://bit.ly/3qJrjRH
💰 Earn up to 1% yearly with PXP staking
📖 Read an article about PointPay CEO and his professional vision: https://www.abcmoney.co.uk/2026/01/vladimir-kardapoltsev-bridging-web3-vision-with-operational-reality/
🏦 PointPay - all crypto services in one place!