SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
The Securities and Exchange Commission today moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former cochief investment…
Ethereum’s Glamsterdam upgrade launches on Sepolia testnet
Sepolia marks one of the final major rehearsals before the final activation of Glamsterdam, aimed at bringing more efficiency and scalability to the Ethereum…
EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum
An EEZ contributor shared a 0.001 ETH crosschain test as the project develops a framework to connect Ethereum mainnet and its rollups. Source:Cointelegraph
Strategy opts for bigger spending on STRC buybacks over BTC purchases
Strategy bought 334 Bitcoin for $28.7 million last week while spending $176.3 million to repurchase about 1.77 million shares of STRC. Source:Cointelegraph
Zcash activates NU7 on testnet ahead of November mainnet target
Zcash’s NU7 upgrade is now live on testnet, giving developers several weeks to assess 25second blocks and other protocol changes before a planned November…
Zcash gets a Washington lobbyist to push crypto policy
The newly registered lobbying operation lists the CLARITY Act and two digital asset tax proposals among the issues it plans to lobby on in Washington.…
Russia’s Finance Ministry pays wages in digital rubles for first time
Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance.…
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.…
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
Porsche’s ‘long haul’ Web3 project ends in less than four years
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.…
Ethereum’s zkAPI brings privacy-preserving API payments to mainnet
Ethereum’s zkAPI is now live on mainnet, turning an earlier zeroknowledge API payment proposal into a working implementation for private, prepaid access.…
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…