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Yesterday β€” 29 October 2026Bitcoinist

Chainlink Launches Weekend Pricing for Tokenized Assets, Alongside Aave

29 October 2026 at 12:52
TLDR
  • Chainlink launches Chainlink 24/7, a pricing service covering weekends and holidays for stocks, commodities and other traditional assets.
  • Off-hours prices are based on quotes from perpetual futures venues, not closed exchanges.
  • Aave is the first partner, using the feeds on its institutional Horizon platform.
  • Chainlink says its weekday infrastructure already covers more than $1.6 billion in tokenized stocks.

Blockchain markets run around the clock, but the assets many of them track do not. Stock exchanges close at night, on weekends, and on holidays, leaving on-chain applications without a reliable price.

Until now, protocols had a few poor options: freeze markets, rely on the last known price, or build their own valuation tools. Chainlink 24/7 aims to remove that problem by supplying one continuous price series per asset.

How Chainlink 24/7 Works

The service blends two sources. When traditional markets are open, it uses prices from regular and extended sessions. When they shut, it switches to an off-hours reference built from perpetual futures quotes.

Chainlink says the system pulls quotes from multiple futures venues, removes stale inputs and limits the influence of outliers. Importantly, the weekend price reflects derivatives trading rather than actual transactions on closed exchanges.

Lending protocols can read prices published directly onchain through Data Feeds. Trading platforms and prediction markets can use Data Streams for faster updates, which also flag the current market session so apps can adjust risk settings.

Aave Horizon Adopts the Feeds

Aave is the launch partner, integrating the feeds into Horizon, its lending platform for institutions. Horizon lets qualified investors borrow against tokenized assets, and the rollout begins with tokenized versions of heavily traded US stocks.

Reliable weekend prices matter for lenders because collateral values need to stay current to manage liquidation risk, even when stock exchanges are offline.

Building on Earlier Pricing Products

The launch follows Chainlink’s January debut of 24/5 pricing for US stocks and ETFs, which covered pre-market, regular, post-market and overnight sessions. The company says that weekday infrastructure now supports over $1.6 billion in tokenized stocks.

With the new weekend layer, Chainlink is moving toward full-time coverage as tokenized equities and other real-world assets continue to expand onchain.

Polygon Takes Its Payments Toolkit to Solana, Targets Stablecoin Rails

29 October 2026 at 11:27
TLDR
  • Polygon Labs decided to bring its Open Money Stack to Solana.
  • Businesses get bank funding, wallets, cross-chain transfers and global payouts through one integration.
  • Kira, a fintech focused on cross-border dollar payments, is among the first adopters.
  • Solana says it has handled over $5T in stablecoin volume this year, while Polygon Chain has passed $3T cumulatively.
Polygon Extends Open Money Stack to Solana

Polygon Labs is making a clear play for the payments market. The firm has rolled out its Open Money Stack on Solana, giving companies a single entry point for bank deposits, embedded wallets, cross-network transfers, and payouts.

Developers don’t need to rebuild anything on Solana. This means that teams can adopt the whole package or plug in only the pieces they’re missing. Polygon Foundation CEO Sandeep Nailwal framed it as a way for businesses to stay on the chain their customers prefer while Polygon manages the movement of money around it.

This follows the October 8 addition of TRON support and the Coinme acquisition, whichΒ possiblyΒ gave Polygon’s US payments arm licensing coverage across 48 states.

How the Stack Works in Practice

The platform links bank transfers, cards, cash services, and crypto funding to apps running on Solana. Users receive accounts and built-in wallets, so they can hold and send digital assets without juggling a separate crypto app.

From there, some of the funds are being routed between Solana, Polygon, Ethereum, TRON and several EVM-compatible chains. Polygon handles conversions, routing, and execution on the backend.

Two examples stand out. A remittance company could pull dollars from a customer’s bank, send USDC over Solana and trigger a local bank payout abroad. A marketplace could accept stablecoins and pay sellers in crypto or local currency. In both cases, users never touch a bridge.

Kira’s use case is the is mostΒ concrete. The company serves fintechs, OTC desks and import brokers who regularly pay overseas suppliers. It already moves stablecoins on Solana, and CEO Edrizio De La Cruz said the missing piece was getting those funds into clients’ dollar bank accounts. Polygon’s infrastructure fills that gap.Β Kira joins Tazapay, Mesh and Toku, which Polygon named as early customers after the Coinme deal closed.

Stablecoin Volume Sets the Stage

Solana Foundation product chief Vibhu Norby said the network has processed more than $5T in stablecoin volume in 2026, and he described Polygon’s stack as another route for businesses to reach banking and payout networks.

Solana has been building its own institutional payments team too. In September it hired former Polygon executive Jamal Raees as general manager of payments. Meanwhile, Polygon says its own chain has cleared over $3T in cumulative stablecoin transfers.

This might beΒ a sign that payments infrastructure is becoming chain-agnostic, with the competition shifting from which network wins to who controls the bridge between blockchains and bank accounts

Before yesterdayBitcoinist

Sophon Sets November Withdrawal Deadline As Chain Shutdown Approaches

20 October 2026 at 11:45

TL;DR: Sophon has warned users to withdraw remaining assets by November 25 ahead of the planned shutdown of its standalone chain at the end of the month.

The end of a blockchain isn’t always announced with a hack or a dramatic market collapse. Sometimes it arrives as a deadline: move your tokens, claim your rewards and make sure nothing important is still sitting on infrastructure that is about to disappear.

Sophon has set November 25 as the withdrawal deadline for assets on its network, ahead of a planned permanent mainnet shutdown on November 30. The notice covers remaining balances and rewards that users may need to claim before related services go offline.

The project previously signalled a broader change in direction, away from maintaining its own chain and toward building consumer applications on Base. The final withdrawal timetable makes that strategic decision an immediate operational issue for holders.

Anyone with funds still on Sophon needs to verify the latest official instructions and the status of individual bridges and applications rather than assuming everything will migrate automatically. Shutdown announcements can attract phishing attempts, so links circulating in unsolicited messages deserve particular caution.

Sophon is one example of a wider reality for blockchain projects: operating a network has ongoing technical and economic costs. The fact that a chain can be launched does not guarantee it will remain worthwhile to support indefinitely.

For affected users, however, the lesson is more immediate. Deadlines matter, and withdrawing assets safely is more important than debating the project’s next chapter.

Written by the News Desk and edited by Samuel Rae.

Sophon Sets November Withdrawal Deadline As Chain Shutdown Approaches

20 October 2026 at 11:45

TL;DR: Sophon has warned users to withdraw remaining assets by November 25 ahead of the planned shutdown of its standalone chain at the end of the month.

The end of a blockchain isn’t always announced with a hack or a dramatic market collapse. Sometimes it arrives as a deadline: move your tokens, claim your rewards and make sure nothing important is still sitting on infrastructure that is about to disappear.

Sophon has set November 25 as the withdrawal deadline for assets on its network, ahead of a planned permanent mainnet shutdown on November 30. The notice covers remaining balances and rewards that users may need to claim before related services go offline.

The project previously signalled a broader change in direction, away from maintaining its own chain and toward building consumer applications on Base. The final withdrawal timetable makes that strategic decision an immediate operational issue for holders.

Anyone with funds still on Sophon needs to verify the latest official instructions and the status of individual bridges and applications rather than assuming everything will migrate automatically. Shutdown announcements can attract phishing attempts, so links circulating in unsolicited messages deserve particular caution.

Sophon is one example of a wider reality for blockchain projects: operating a network has ongoing technical and economic costs. The fact that a chain can be launched does not guarantee it will remain worthwhile to support indefinitely.

For affected users, however, the lesson is more immediate. Deadlines matter, and withdrawing assets safely is more important than debating the project’s next chapter.

Written by the News Desk and edited by Samuel Rae.

Solana Counts Down To Alpenglow Upgrade With Faster Finality In Focus

20 October 2026 at 07:35

TL;DR: Solana is approaching its planned Alpenglow consensus upgrade, which targets transaction finality of roughly 150 milliseconds β€” a goal, not a guarantee of live-network performance.

Solana’s next big technical change is scheduled for October 21. Alpenglow would replace the network’s existing consensus approach with a redesigned system intended to make transactions final far more quickly.

The advertised target is about 150 milliseconds, compared with the multi-second finality associated with the current design. That’s a striking number, but it should be treated as an engineering objective. The real test comes when validators run the software under actual mainnet conditions.

Alpenglow also changes the mechanics of voting. It is designed to move much of the validator-vote overhead away from ordinary user transactions, meaning some headline transaction-count metrics could change even when economic activity does not.

That distinction matters for anyone trying to judge blockchain performance from a dashboard. A lower count of recorded transactions after a consensus migration could reflect different accounting rather than fewer users.

The underlying code has been developed by Anza and tested through a public security-review process, with a dedicated bug bounty competition earlier this year. Validators face the practical work of adopting compatible software and managing a major network transition.

For Solana users, the promise is a faster confirmation experience. For developers and node operators, the immediate priority is a stable changeover. Faster settlement is valuable only if the network remains dependable while delivering it.

Written by the News Desk and edited by Samuel Rae.

Cosmos Builds Bank Connectivity Into Swift’s Blockchain Ledger

29 September 2026 at 22:30

TL;DR

  • Cosmos Labs has announced connectivity between its Tokenization Suite and Swift’s blockchain-based shared ledger.
  • Banks can use Cosmos infrastructure to run tokenized-deposit ledgers and connect them with Swift and other networks.
  • The system is designed to work with existing banking cores including Fiserv, FIS, Jack Henry, Temenos and Hogan.

Cosmos Labs is joining the race to connect traditional bank infrastructure with Swift’s blockchain ledger.

The company announced on September 28 that its Tokenization Suite can provide financial institutions with a route between their internal banking systems, tokenized deposits and Swift’s shared ledger.

The objective is straightforward: let banks use blockchain settlement without rebuilding their entire core.

Existing Bank Ledgers Can Stay In Place

Cosmos says its infrastructure can synchronize with common banking-core systems including Fiserv, FIS, Jack Henry, Temenos and Hogan.

A bank can then operate its own tokenized-deposit ledger while connecting that system to external networks.

Those connections can include Swift’s ledger, Canton, Partior, Ethereum and Solana.

Swift provides the shared coordination layer for payments between institutions.

Cosmos provides the software that connects a bank’s internal records and tokenized money to that environment.

The company says its stack can support EVM and Hyperledger Besu deployments, giving institutions flexibility around the ledger technology they use internally.

Banks Are Building Multiple Routes Into The Same New Network

Cosmos is not the only technology provider announcing Swift ledger connectivity.

Oracle and Chainlink have both unveiled their own integrations around the same infrastructure.

That is significant in itself.

When several enterprise software providers build connections into a new payment network at the same time, it suggests banks want optionality rather than a single proprietary route into tokenized deposits.

The models differ.

Cosmos emphasizes connecting bank core systems with institution-controlled tokenized ledgers.

Swift’s ledger then coordinates obligations between participating banks.

The underlying deposits remain liabilities of the banks themselves.

That makes tokenized deposits fundamentally different from public stablecoins issued by non-bank companies.

Both can move on blockchain infrastructure.

The legal claim behind the digital money is different.

Banks increasingly appear interested in supporting both.

The technology layer is becoming crowded as a result.

Cosmos has historically been associated with interoperability between blockchain networks.

Its Tokenization Suite takes that experience into a much more traditional environment.

Instead of connecting two crypto chains, the problem is now connecting bank cores, private ledgers, public blockchains and Swift.

For institutional tokenization to scale, all of those systems eventually need to understand each other.

Cosmos wants to sit in the middle.

This article was written by the News Desk and edited by Samuel Rae.

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