Live updates: Zcash jumps 17% as $345 million of liquidations hit crypto traders
Short sellers took the bulk of the damage, with zcash alone accounting for $56 million of forced closures. Source:CoinDesk
Crypto rallies through the Fed's first rate increase since 2023
Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm…
Bitcoin faces 2022 parallels as federal reserve resumes rate hikes
Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses.…
Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to…
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's deltaneutral marketing.…
Deutsche Bank close to debuting crypto custody for institutions
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC. Source:CoinDesk
Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision
The privacy token is up 130% over 30 days and trades near its alltime highs from 2016, while bitcoin sits at a threeandahalfweek low below $76,000.…
Ethereum, Base give up on common wallet standard after months of talks
Ethereum is moving ahead with EIP8141 while Coinbasebacked Base backs EIP8130, leaving wallets and apps that span both networks facing different transaction…
Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings
Nearly 2.4 million ZEC participated, with 99.9% backing 25second blocks and 98.9% voting to preserve the network’s existing halving schedule. Source:CoinDesk
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Source:CoinDesk
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets. Source:CoinDesk
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97…