Cryptocurrency

Grayscale’s Zcash ETF filing proposes a 2.5% fee and a potential 34% DCG stake

Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive about 34% of the fund. If effective, the Aug. 21 SEC amendment would rename the existing trust “The Zcash...

Franklin Templeton Wins SEC Staff Relief for Its $721M Onchain Fund

Franklin Templeton is preparing to put tokenized assets inside its conventional mutual funds and ETFs, Bloomberg reported on Thursday, eight days after SEC staff cleared the firm to hold its $721 million blockchain-based money market fund in those portfolios. Franklin characterizes relief...

Everyday crypto users face monthly tax bills on total asset value if covered brokers fail to collect under new Illinois rules

Illinois’s 0.2% digital asset tax, scheduled to start Jan. 1, 2027, now faces another industry complaint as brokers prepare for a levy tied to the value of customer assets rather than their gains or service fees. Blockchain Association and the...

Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power

Hazync's developer reports that a 1.7 MB standalone verifier checked a 226,434-byte cryptographic receipt covering the first 1,789 blocks of Bitcoin in 27 milliseconds. The Aug. 15 disclosure limits that result to an early stretch of Bitcoin's history. A...

CZ Reveals Why He Didn’t Use UAE Citizenship to Avoid US Charges

This week, Binance founder Changpeng Zhao (CZ) finally revealed why he chose to face US prosecutors during his AML violation case despite holding UAE citizenship that could have kept him from the grasp of US law enforcement. His account offered...

MANTRA Chain stays offline after exploit as Aug. 21 restart hinges on patch test

MANTRA Chain remained halted on Aug. 21 after the team said an attacker exploited a vulnerability in an upstream dependency. Transactions, transfers, and staking are unavailable while the mainnet is paused. MANTRA identified the vulnerable software only as an upstream...

Altcoins Could See Up to 1,000x Returns Post-Pullback, Analyst Predicts

Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather than years. Hyland Compares...

Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show

Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of carrying administrative powers that allow privileged operators to move funds from frozen wallets without holder consent. On Aug. 21, the Tron...

Smart Money Helping Support Bitcoin Rebound, Says Pantera Capital

Bitcoin Magazine Smart Money Helping Support Bitcoin Rebound, Says Pantera Capital American investment firm Pantera Capital’s portfolio manager has said “smart money” is helping push bitcoin’s price higher.  Cosmo Jiang, portfolio manager at the firm, said in a Friday CNBC interview that...

A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining

Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26...

Latest News

DeFi Sector Jumps 38% as US Policy Shift Unlocks Token Value Capture

DeFi tokens have climbed nearly 38% since August 17 as investors reassess how US crypto policy could affect protocol...