Zcash Surges to Highest Price Since 2016
$ZEC surged to $1,249.28, its highest since 2016, boosting market cap above $20B; Grayscale’s ETF conversion drives demand for privacy features. #Update #Crypto $ZEC
CLARITY Act Fails Amid Congressional Secrets
The CLARITY Act faces significant opposition, with former prosecutor Renato Mariotti declaring it “dead” and predicting no chance of passage before Congress adjourns on Sept. 17. #Update #Legal
Swift Digital Ledger Powers USD Payments
@DBSBank and @Citi successfully completed a USD payment over the weekend using Swift’s Digital Ledger, marking the second confirmed live use of the blockchain system. #Update #Crypto $USDC
Bitcoin Eyes September Rate Hikes Impact
Bitcoin ($BTC) closes above $80,000 for the first time since May as inflation data looms ahead of the Fed’s rate decision on September 16. #Update #Crypto $BTC
Solana Triples Transaction Size for Complex Trades
A new Transaction v1 feature on Solana will activate Wednesday, enabling complex proofs and large multisig operations in a single transaction, requiring updates from services that read $SOL. #Update #Crypto $SOL
Bitcoin Overtaken: Altcoin Leverage Surges
Data shows altcoin perpetual open interest surpassed bitcoin’s on Sept. 6, with Zcash ($ZEC) open interest hitting a record $2.4B. #Update #Crypto $ZEC
Bitcoin Reacts Less Than Gold to Yields
Bitcoin shows less volatility compared to gold as U.S. Treasury yields fluctuate, indicating a potential shift in investor sentiment. #Update #Crypto $BTC
Bitcoin Hacker Moves $7.7M Stash
The Coldcard hacker moved 97.09 $BTC ($7.7M) via THORChain and CoinJoin, with 82% of stolen funds still unmoved due to a firmware bug. #Breaking #Crypto $BTC
USDT Breach Could Risk $91 Billion Control
A new framework by a rating agency integrates Wall Street auditing and Web3 code reviews to assess off-chain reserves and on-chain security, amid concerns of a potential $91 billion USDT breach. #Update #Crypto $USDT
Stonk Surges 250% After Raydium Integration
$STONK surged over 250% after @StonkFun integrated with Raydium LaunchLab, peaking at a $140M market cap before pulling back to $0.129, now valued at $113.2M. #Update #Crypto $STONK
UK Regulator Considers Lifting Financial Market Ban
The FCA is in talks with trading platforms as UK citizens increasingly use Polymarket and Kalshi, despite maintaining its position supporting a ban on financial prediction markets. #Update #Crypto
Bitcoin Hacker Urged Return $100M Funds
Liquid Network paused after hackers drained 4,000 BTC from its wallet; L-BTC now backed by 4.7%. Hackers promise return once bug is fixed. #Breaking #Crypto $BTC
Tokenized Cross-Border Deposits Launch on Swift
@DBS and @Citi successfully executed the first weekend tokenized cross-border payment between Singapore and the US, finalizing the transaction in minutes using Swift’s Digital Ledger. #Update #Crypto $USDT
Bitcoin Slips as Weekend Altcoin Rally Fizzles
Bitcoin slipped 1.1% as Nasdaq 100 futures rose 0.3%, halting the weekend’s double-digit altcoin gains. #Update #Crypto $BTC