NU7 will cut Zcash block times to 25 seconds and preserve its halving schedule, with testnet activation planned for Oct. 6. Zcash developers are targeting Nov. 5 for NU7 mainnet activation after organizations and engineering teams reached “unanimous agreement” on its contents and estimated timeline.  On Thursday, Zcash developer Sean Bowe said the upgrade is...Continue Reading

Input Output Group told users to avoid its YouTube channel after it began livestreaming a suspected AI-manipulated Charles Hoskinson video promising to “double your wealth.” Input Output Group has urged users to avoid its YouTube channel, with the channel on Friday livestreaming a suspected AI-manipulated video of Cardano founder Charles Hoskinson promoting a crypto giveaway....Continue Reading

World Money is rolling out across more than 150 countries, combining stablecoin payments, digital asset rewards and trading in a self-custodial app. World has launched World Money, a self-custody financial “super app” combining stablecoin payments, digital asset rewards and trading. The rollout began Thursday in more than 150 countries, World said, with features varying by...Continue Reading

US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC. US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz. The US...Continue Reading

North Korea and Iran account for the majority of onchain malware, while Malaysia has been named among the most crypto curious Islamic nations. North Korean and Iran linked hackers were responsible for the majority of the 420% increase this year in malware on public blockchains according to a Chainalysis report.  State-linked hackers accounted for roughly...Continue Reading

The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without registering as introducing brokers. The Commodity Futures Trading Commission (CFTC) has expanded regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges. In a no-action position...Continue Reading

MoonPay plans to use WisdomTree’s $1.2 billion WTGXX tokenized fund as part of its stablecoin reserves while helping expand access to US investors. WisdomTree and MoonPay are partnering to expand US investor access to a tokenized Treasury money market fund, which MoonPay also plans to use as part of its stablecoin reserves. According to a...Continue Reading

Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interest-rate hike since July 2023. Bitcoin (BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip. Key points: Read moreContinue Reading

CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing. Water, water everywhere and not a drop to drink may be the sentiment of the crypto industry, lobbyists and lawmakers who’ve spent the last year trying to get the CLARITY Act...Continue Reading

Former Hut 8 CEO Jaime Leverton will take the helm at Fortitude as the Zcash-focused miner expands its operations and moves toward a planned public listing. Fortitude Mining has appointed former Hut 8 CEO Jaime Leverton as chief executive as the Zcash-focused miner prepares to go public through a proposed merger with HeartSciences. Leverton will succeed...Continue Reading