Cryptocurrency
Strategy Faces $1.76B Annual Burden Despite Bitcoin Holdings
Strategy’s Bitcoin treasury may be less vulnerable to a crypto market crash than to a prolonged loss of capital-market access, a risk that could threaten its ability to fund roughly $1.76 billion in annual obligations without selling Bitcoin, according...
Cryptocurrency
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
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Cryptocurrency
Chainalysis-Led Child Abuse Probe Flags 7,700 Accounts
Blockchain analytics firm Chainalysis said a global operation it led identified more than 7,700 suspect accounts linked to child sexual abuse material (CSAM).According to a Tuesday press release shared with Cointelegraph, Operation Lighthouse investigated 29,120 crypto addresses and digital...
Cryptocurrency
Zcash Rally Widens Mining Revenue Lead Over Bitcoin and AI HPC
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. A Bitmain Antminer Z15 Pro mining Zcash is...
Cryptocurrency
BNB Chain Activates Pasteur Hard Fork on BSC
BNB Smart Chain (BSC) activated its Pasteur hard fork on Tuesday, closing bridge verification and validator authorization gaps while introducing a new route intended to fit more transactions into each block. In a Tuesday post, BNB Chain confirmed that Pasteur...
Cryptocurrency
Coinbase Investor Class Action Can Move Forward, Federal Judge Rules
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court.
US District Judge Katherine Polk Failla ruled on August 20 that some claims could...
Cryptocurrency
BitMEX Sets Close-Only Risk Limits Ahead Of September Wind-Down
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down.
Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading...
Cryptocurrency
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation.
The proposed rulemaking was issued on August 18 and published on...
Cryptocurrency
Strategy Raises $2B As Bitcoin Holdings Stay Flat For The Week
Strategy Inc., formerly MicroStrategy, has raised $2.01 billion through an at-the-market equity offering while reporting no new Bitcoin purchases during the latest weekly window.
In an 8-K filed on August 24, the company said it sold 18.26 million shares between...
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‘Islam is being hijacked’: Brother of Muslim first responder killed in 9/11
This year’s 25th anniversary of the September 11th attacks has become embroiled in divisive politics. There are controversial calls...