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Morning Edition · Monday, October 5, 2026Published at 1:31 AM EDT · New York
Miden launches a private finance stack and puts its Bread wallet on testnet, with proofs generated on users' devices
The network says the chain sees only a 32-byte commitment for each account, and it plans to anchor the system with USDCx, a private token pegged one-to-one to USDC.
Miden, the zero-knowledge network that grew out of Polygon, has announced what it calls the PriFi stack, short for private finance. The stack covers identity, custody, banking, compliance, real-world assets and settlement. Miden says it set…
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Privacy Chains Pivot From Niche to Institutional Pitch
Over 3-6 months, confidential execution reframes as a prerequisite for serious/institutional on-chain use, with privacy L2s shipping live networks and contesting who controls confidentiality.
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More from this edition
- OKX and NYSE owner ICE file to trade 63 tokenized U.S. stocks around the clock on Uniswap v4 pools
- Zcash activates 25-second blocks on public testnet ahead of a November 5 mainnet target
- Aztec reopens private payments with transfer caps while a proving-system flaw in Alpha V5 stays unfixed
- Bitcoin Core closes a signing path that could let an attacker redirect a payment without stealing keys
- Uniswap v4 hook rebalancing flaw drains about $115,000 from GoldPesa on Base, and MALT loses treasury DAI on Polygon
- Binance will require Brazilian users to declare purpose and counterparty for cross-border crypto transfers from November 1
- Zcash advocacy group registers its first Washington lobbyist as the CLARITY Act sits frozen through the election recess
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