Grayscale has filed for a zcash income ETF that would use options to pursue payments every two weeks. The proposed fund would offer indirect exposure to ZEC, but its income strategy could limit gains when zcash rises. New Fund Would Use Options on Grayscale’s Zcash ETF Investors seeking income tied to zcash could get a …
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Evernorth plans to feature XRP community members in a campaign tied to its proposed Nasdaq listing. Founder and CEO Asheesh Birla says the company’s public debut should recognize the people who supported XRP through years of legal uncertainty. Evernorth Puts XRP Supporters in Its Listing Plans XRP supporters could have a visible role in Evernorth’s …
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Bitcoin is on course for its second-strongest third quarter on record, while ethereum has already delivered its best Q3 performance ever. With a few days still left in September, stronger ETF demand, rising spot activity and subdued profit-taking are keeping attention on whether bitcoin can extend the rally. Ethereum Jumps 71% as Bitcoin Heads for …
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Crypto projects spent about $638 million with token buybacks through late August 2026, according to Allium Labs data. That is already a record, up from $545 million over the same stretch of 2025. Hyperliquid accounted for roughly $370 million and Pump.fun for about $200 million, together close to 90% of the total. On Sept. 25, …
Continue reading “SEC clears regulatory hurdle as crypto token buybacks hit record $638 million”
In 2021, Christie’s sold a Beeple NFT for $69.35 million, and Sotheby’s took another $24.40 million for 101 Bored Ape Yacht Club NFTs, giving cartoon primates the kind of auction-house treatment usually reserved for Fabergé eggs. But now, not five years later, one of the marketplaces that helped sell the digital art revolution is explaining …
Continue reading “The NFT party is over and everybody now owes storage rent”
Robert Kiyosaki says the difference between working for a paycheck and building wealth lies in three kinds of income: earned, portfolio, and passive. His latest post also makes sweeping tax claims that depend on how income is produced. Three Income Types, According to Kiyosaki A paycheck, an investment return, and income from a business can …
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Solana’s biggest consensus overhaul since launch has crossed a major hurdle. Alpenglow activated on testnet Sept. 24 and devnet Sept. 25, replacing TowerBFT with Votor and targeting transaction finality in just 100 to 150 milliseconds. Solana co-founder Anatoly Yakovenko declared, “You are not ready for this.” However, those speeds remain unproven under full mainnet conditions, …
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On Saturday, two days after Bitget was hacked, CEO Gracy Chen publicly asked Thorchain to cut off the hackers who drained hundreds of millions from her exchange this week. “Decentralization is a design principle, not a shield for facilitating known stolen funds,” the Bitget executive insisted. Bitget’s Hack Climbs to $387.5 Million as CEO Gracy …
Continue reading “Bitget CEO Wants Thorchain to Block Hackers, but There’s a Catch”
A federal appeals court upheld the Pentagon’s supply chain risk designation for Anthropic on Sept. 25, adding a legal setback ahead of the AI company’s reported November IPO. Investors have anticipated a valuation near $2 trillion, but the offering has not been priced. Appeals Court Upholds Pentagon Exclusion A federal appeals court on Sept. 25 …
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The Federal Reserve’s proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An issuer whose reserves fall below the value of its outstanding tokens would have 24 hours to notify the Fed and submit a plan to restore full backing. Unless it closes the gap or the Fed …
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Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company’s insatiable appetite for American debt is the main argument for sending those tokens further around the world. The distance between those two positions tells us a great deal about where crypto ended up. Tether built a …
Continue reading “Washington has $114 billion reasons to want Tether around”
MAXYZ, a group of former Balancer contributors, is asking for up to 6 million currently non-circulating BAL to seed a successor protocol. If the granted tokens reach other eligible holders before Balancer’s proposed wind-down redemption snapshot, the same treasury would be divided among more BAL. In exchange, MAXYZ proposes a contingent allocation from a future …
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A hypothetical payment stablecoin issuer within the Federal Reserve’s proposed supervisory scope, with $1 billion in circulation and no revenue from activities outside its reserve assets, would start with a $20 million baseline operational-risk capital charge under the Fed’s proposal announced Sept. 24. A separate loss-history adjustment and any other applicable capital charges would still …
Evercrest Technologies, the company behind KelpDAO, has sued LayerZero Labs, its Canadian affiliate, and CEO Bryan Pellegrino in British Columbia over April’s $292 million rsETH exploit. The claim alleges negligent misrepresentation, negligence and defamation, seeks aggravated and punitive damages, and says Kelp users have withdrawn more than $650 million since the attack. Pellegrino has called …
The Sixth Circuit ruled Sept. 25 that Ohio and Tennessee can apply their gambling laws to Kalshi’s sports contracts. The court rejected Kalshi’s argument that complying state by state would conflict with its duties as a federally regulated exchange, and it pointed to geofencing as a workable way to satisfy both. That second appellate win …
Continue reading “Kalshi must lock out state users after major court loss”
