The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records. Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio onchain. Pineapple plans to eventually migrate more than 29,000 funded mortgages worth over $10 billion onto the network, Injective said Friday. Each mortgage is represented by an onchain record tied to the underlying loan file, rather than being repackaged as a new mortgage security. The records contain more than 500 data points, including loan-level information designed to support verification, audit trails and risk analysis. Pineapple’s dashboard shows that the migration now includes 2,079 mortgage records, up from 1,259 when the initiative launched in December 2025. Read more
The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents. An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.” According to a FinCEN report released on Thursday, an analysis of more than 33,000 reports filed between September 2023 and December 2025 of suspected crypto scams revealed about $13 billion in financial transactions. The digital asset-based scams included instances of pig butchering, romance scams and “cryptocurrency confidence schemes,” in which a victim is manipulated into investing in crypto with false promises of large returns. “Digital asset investment scams pose one of the most significant fraud threats facing Americans today,” said Gene Lange, performing the duties of Under Secretary for Terrorism and Financial Intelligence. Read more
Corporate crypto bets are getting bigger as rising markets reward direct exposure, putting balance-sheet strategies and institutional adoption back in focus. Crypto’s August rally put corporate conviction to the test. Bitcoin (BTC) miners that spent much of the crypto downturn courting AI investors are once again trading like leveraged bets on BTC, while Strategy and Strive are adding thousands more Bitcoin to their balance sheets. The same concentration is playing out elsewhere. Bitmine is closing in on owning 5% of Ether’s (ETH) circulating supply despite billions in unrealized losses, while 21 major financial institutions are taking a different approach by developing stablecoins for payments and settlement. Bitcoin’s August rally lifted beaten-down mining stocks by as much as 67%, reversing a trend that had favored miners pivoting to AI and underscoring the sector’s continued sensitivity to BTC market conditions. Read more
QuFi’s new platform uses post-quantum cryptography to verify digital asset transactions without requiring changes to existing blockchain settlement networks. Post-quantum infrastructure company QuFi Network has launched a verification platform designed to protect digital assets against future quantum computing threats without requiring changes to existing blockchain settlement networks. The platform separates verification from settlement, using a decentralized network of nodes to validate transactions with post-quantum cryptography before they are settled on existing blockchain networks. QuFi also launched uBTC, a proof-of-concept that applies the verification system to Bitcoin (BTC) and is currently operating on Bitcoin Testnet4. The uBTC system verifies BTC collateral and generates cryptographic proofs governing how value moves between settlement environments, while redemptions ultimately settle as standard Bitcoin transactions. Read more
Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now “step back and allow the legislative process to proceed.“ The National Sheriffs’ Association (NSA) has dropped its opposition to a cryptocurrency market structure bill scheduled for a vote later this month when the US Senate returns to session. In a Thursday letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the US law enforcement group said that it was changing its position on the Digital Asset Market Clarity (CLARITY) Act to “neutral.” The NSA cited the “significant work undertaken by Congress, the Administration, and stakeholders to navigate the many legal, regulatory, and enforcement considerations involved” in addressing the bill. “At this time, we believe the most appropriate course is to step back and allow the legislative process to proceed to establish a clear, effective, and much needed regulatory framework,” said NSA president Troy Wellman and CEO a...