Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights The upcoming Zcash Network Upgrade 7 (NU7) introduces a Network Sustainability Mechanism to redirect transaction fees toward future block rewards. Version 4 transactions will be deactivated under NU7, rendering any ZEC in the legacy Sprout shielded pool unspendable if not migrated before mainnet activation. Zcash developers will assess testnet results on October 20 ...
Key Highlights: Zcash has officially activated Network Upgrade 7 (NU7) on its public testnet, reducing target block times from 75 seconds to 25 seconds. The upgrade introduces the Network Sustainability Mechanism (NSM) to recycle transaction fees and plans the deprecation of version 4 transactions, which will impact the legacy Sprout pool. A final decision on ...
Key Highlights Cryptocurrency exchange OKX has submitted an application under regulatory review by the U.S. Securities and Exchange Commission (SEC). Trading volume tied to the initiative remains unreported during these early stages, with market participants closely watching a forthcoming 30-day opt-out period for token issuers. The move aims to expand liquidity and introduce tokenized financial ...
Key Highlights: Japan has enforced targeted sanctions against Russian cryptocurrency exchange Garantex under the Foreign Exchange and Foreign Trade Act, freezing assets and requiring permits for payments and financial arrangements. Despite previous international crackdowns and domain seizures by the U.S. Secret Service, Garantex processed more than $96 billion overall, including over $60 billion after initial ...
Key Highlights: Ripple held 37.656 billion XRP as of its June 30 disclosure, with 32.6 billion locked in on-ledger escrow and approximately 5.06 billion liquid outside escrow. Following the standard monthly 1 billion XRP unlock on October 1, Ripple re-locked 700 million XRP, leaving 300 million outside new escrow contracts, while total escrow reserves dropped ...
Key Highlights: Payward, the parent organization behind crypto exchange Kraken, has entered a strategic partnership with Singapore Gulf Bank (SGB). The integration incorporates SGB’s real-time, multi-currency clearing network to deliver 24/7 instant settlement capabilities for institutional clients. Focusing on institutional market participants across Asia and the Gulf, the service will initially support U.S. dollar settlements ...
Key Highlights: Singapore Gulf Bank (SGB) has partnered with Payward, integrating with Kraken Prime to offer round-the-clock U.S. dollar settlement and institutional digital-asset liquidity. Through the SGB Net real-time clearing network, eligible institutional clients can transfer fiat balances and immediately access trading without waiting for standard banking business hours. Backed by Mumtalakat and Whampoa Group, ...
Key Highlights Wall Street Jumps Into 24/7 Trading: OKXICE, a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE), has notified the SEC of plans to roll out a tokenized stock trading platform. Initial Launch Roster: The venue plans to debut with digital versions of more than 60 companies ...
Key Highlights Spot XRP ETFs recorded $4.74 million in weekly net inflows, maintaining a 12-week positive streak despite a 94% drop compared to the previous week’s $75.59 million. Spot Solana (SOL) ETFs witnessed a severe 97% decline in weekly net inflows, plummeting from $188.22 million to $2.43 million. Both underlying tokens faced price turbulence during ...
Key Highlights: Bitcoin surged near $87,000 early Monday, coming within approximately $500 of its eight-month high before pulling back below $86,000. Dogecoin (DOGE) outperformed major altcoins with a gain of over 3%, approaching 10 cents, while XRP, BNB, and ZEC gained 1% to 2%. Cooling macroeconomic metrics, including softer U.S. employment figures, have eased Federal ...
Key Highlights: Sonic displays technical breakout targets of $0.049 and $0.0586, contingent on clearing its current neckline resistance. Technical indicators present mixed cues as the MACD attempts a “Golden Cross” while the Money Flow Index (MFI) falls to 57.4. Perpetual market sentiment leans positive, with long positions accounting for 53% of total volume across major ...
Key Highlights: The Ethereum Foundation has detailed zkAPI, an experimental protocol designed to decouple user payment credentials from online service access. By utilizing zero-knowledge proofs, Poseidon hashing, and disposable API keys, the framework ensures AI providers see prompts without learning billing details, while billing servers never see user queries. Funds remain self-custodial onchain, allowing users ...