Business

Zcash drops 30% as Shielded Labs reveals major bug that went undetected for four years

Business / Leave a Comment

Privacy-focused Zcash (ZEC) has taken a beating over the past 24 hours, falling around 30% to $400 amid broader market weakness. The sell-off accelerated after Shielded Labs, a non-profit developer of Zcash, disclosed a critical vulnerability in the blockchain’s Orchard privacy pool that could have threatened the integrity of the token supply. On Thursday evening, […]

Zcash drops 30% as Shielded Labs reveals major bug that went undetected for four years Read More »

JPMorgan sees narrowing window for overhauling US crypto market structure

Business / Leave a Comment

JPMorgan (JPM) said the U.S. crypto market structure bill, known as the Clarity Act, may have only a limited window for adoption this year as the congressional schedule tightens ahead of the midterm elections and the debate over stablecoin performance remains unresolved. “As the US midterms approach, the legislative window for passage of the Market

JPMorgan sees narrowing window for overhauling US crypto market structure Read More »

Russia sanctions British teenager for allegedly using A7A5 to fund Ukraine war

Business / Leave a Comment

Russia has sanctioned a British teenager for his role in revealing the alleged use of ruble-pegged stablecoin A7A5 to fund the war effort against Ukraine. Alexander Browder, 17, wrote a report for the foreign policy and national security think tank The Henry Jackson Society, which the Russian Foreign Ministry described as spreading “defamatory speculation and

Russia sanctions British teenager for allegedly using A7A5 to fund Ukraine war Read More »

Moomoo Adds Kalshi Prediction Markets, Giving Users Access to Event Contracts

Business / Leave a Comment

Digital trading platform Moomoo announced Thursday that it has partnered with prediction market operator Kalshi to offer CFTC-regulated event contracts to eligible users, allowing them to trade the outcomes of major economic, political and cultural events directly through the brokerage platform. The offering gives users access to contracts tied to events such as Federal Reserve

Moomoo Adds Kalshi Prediction Markets, Giving Users Access to Event Contracts Read More »

Crypto Clarity Act in spotlight for bad actor provisions as Senate process moves forward

Business / Leave a Comment

While there are no new signs of progress on the U.S. Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association hosted an online event Thursday with involved lawmakers continuing to advocate for support — particularly in the law enforcement community — as the bill’s supporters face a narrow window in the Senate. Throughout

Crypto Clarity Act in spotlight for bad actor provisions as Senate process moves forward Read More »

Nouriel Roubini’s business partner sees bitcoin crash 70% before rallying to $500,000

Business / Leave a Comment

Reza Bundy, managing director of Atlas Capital and business partner of longtime Bitcoin critic Nouriel Roubini, expects Bitcoin to fall as much as 70% over the next six months before eventually climbing to $500,000 in the coming years. Speaking to CoinDesk at the Proof of Talk conference in Paris, Reza Bundy, CEO of investment advisory

Nouriel Roubini’s business partner sees bitcoin crash 70% before rallying to $500,000 Read More »

OCC chief says Democrats alone exert political pressure on Global Freedom Charter

Business / Leave a Comment

President Donald Trump-linked crypto company World Liberty Financial Inc. came under political scrutiny again during a congressional hearing in which the head of the U.S. Office of the Comptroller of the Currency suggested that the only political pressure his agency felt over its decision whether to give the company a banking charter came from Democrats,

OCC chief says Democrats alone exert political pressure on Global Freedom Charter Read More »

Why tokenization is a revolution in ETF-like market structure

Business / Leave a Comment

In the 1990s, Exchange-traded funds (ETFs) were a new idea. Many viewed them simply as a new wrapper for traditional assets – a convenient repackaging of mutual funds. In reality, ETFs have sparked a revolution in market structure. By introducing creation/redemption mechanisms and arbitrage-based liquidity, ETFs fundamentally changed how markets functioned and how investors accessed

Why tokenization is a revolution in ETF-like market structure Read More »

Scroll to Top