ZEC gained 45% over the past week, extending its rally since Grayscale converted its Zcash Trust into an ETF that began trading Aug. 25. Zcash (ZEC) climbed to its highest price since 2016, extending a rally that has pushed the privacy-focused cryptocurrency’s market capitalization above $20 billion. ZEC reached $1,249.28 before retreating to about $1,195 on Monday, according to CoinGecko data. The token gained about 45% over the past week and 138% over 30 days. The rally leaves Zcash below its launch-era record. CoinGecko lists an all-time high of $3,191.93 on Oct. 28, 2016, when only a small supply of tokens was available.
This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level. Bitcoin (BTC) sees its first weekly close above $80,000 since early May as clouds gather over the US inflation outlook. Key points:
Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours. Singapore-based financial services group DBS and American financial services giant Citi completed the first weekend tokenized cross-border payment between Singapore and the US on Saturday. The two companies executed the transaction using tokenized deposits via the Swift Digital Ledger to bypass the constraints of traditional banking hours, DBS announced on Monday. The deposit was finalized in minutes, which DBS called a “significant improvement” from the industry norm of as long as two business days for traditional cross-border transfers.
A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms. The Philippines’ central bank has proposed freezing new payment-system operator registrations for 12 months while imposing tighter controls on payment arrangements involving virtual asset service providers (VASPs). Under a draft circular, the Bangko Sentral ng Pilipinas (BSP) said it would suspend acceptance and processing of applications for operators of payment systems (OPS) to conduct a “holistic review” of its taxonomy and licensing framework. Applications submitted before the suspension could continue to be evaluated, but the BSP would not approve or deny any until the pause ends. Entities would be barred fr…
Galaxy said 82% of Bitcoin stolen across all Coldcard attacks remains in the original addresses, with 18% moved in apparent laundering. The exploiter behind the third wave of the Coldcard wallet hack has moved about 45% of their Bitcoin (BTC) haul, routing the funds through THORChain or into CoinJoin transactions, according to Galaxy Research. In a Monday update, Galaxy said the exploiter began moving funds to Ethereum through THORChain on Sept. 2. The latest movements sent Bitcoin into CoinJoin rounds, which combine multiple users’ payments into a single transaction to make funds harder to trace. Galaxy said the third-wave exploiter had created 293 two-of-two multisignature vaults to hold victims’ coins and was moving funds from the largest vaults in descending order of size. Funds from t…
Fomo generated $1.76 million on Friday, beating Pump.fun’s $1.1 million, though the memecoin launchpad remains ahead over 30 days. Social trading platform Fomo generated more daily revenue than memecoin launchpad Pump.fun on Friday. Fomo generated $1.76 million in daily revenue on Friday, compared with Pump.fun’s $1.1 million, according to DefiLlama data. Pump.fun remains ahead over longer periods. It generated more than $57 million over the past 30 days, compared with $17.6 million for Fomo.
The actors told Blockstream they would return most of the 4,000 BTC after the Elements vulnerability is patched across the network. Bitcoin sidechain Liquid paused operations after actors claiming to be white-hat hackers withdrew about 4,000 Bitcoin worth $320 million from its federation wallet. On Sunday, Liquid said that bridge nodes were disabled, preventing new transactions, while exchanges had halted or were preparing to halt L-BTC deposits and withdrawals. Blockstream, Liquid’s technology provider, started contacting the actors through signed onchain messages. Subsequent messages show the actors told Blockstream to patch the vulnerability and ensure every node was updated before they would return most of the Bitcoin.
Harmony proposed sunsetting its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit led to plans to discard 109,000 transactions. Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet. On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens on Ethereum and migrating exchange listings. Validators would be offered options to stop their nodes, continue as governors, or join its new AI-video initiative. Harmony described the proposal as non-binding and did not specify when the final block would be produced or whether the shutdown would be submitted to the network’s validator-led governance process.
Purported white hat hackers have taken 4000 Bitcoin from the Liquid sidechain in a major security breach. The Bitcoin ETFs see the best three weeks of inflows in 2026. A shade under 4000 Bitcoin worth $319 million has been taken from Liquid Network — with purported “white hat” hackers claiming responsibility. An unverified OP_RETURN message read: “we are whitehats. contact us on chain.” The Blockstream-run Bitcoin sidechain has paused bridge nodes and told exchanges to pause LBTC deposits and withdrawls as the team attempts to contact the attackers and identify the security holes. The Liquid explorer shows the balance of its federation wallet dropped from 4,200 BTC down to just 207.275 BTC. Under normal Liquid mechanics, LBTC is burned on the sidechain before Bitcoin is withdrawn. In sim…
Whale Alert identified 12 mining rewards totaling 600 BTC that moved after 16 years of dormancy, with the onchain tracking platform finding no connection to Satoshi Nakamoto. Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto. A dozen addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more than 16 years of dormancy, according to onchain data reviewed by Cointelegraph. Whale Alert, a blockchain transaction tracking platform, said the 600 BTC came from rewards mined across 12 Bitcoin blocks and that its research found no connection to Nakamoto, the pseudonymous creator of Bitcoin.
Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody. Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody. The exchange said it began a permanent closure process after a forensic audit found more than $7 million in custodial assets had moved to wallets it did not manage, according to a company announcement shared on X on Thursday. “Our sole priority now is to return as much of our clients’ assets as possible,” Orionx said, adding that withdrawals are temporarily suspended.
Polish lawmakers failed to overturn a presidential veto of crypto legislation as the Zondacrypto investigation expands and its Estonian operator enters bankruptcy. Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266 needed. The vote was yet another attempt to advance Poland’s crypto market rules after President Karol Nawrocki vetoed crypto legislation three times, arguing that the proposed rules would overregulate the industry.
US spot Bitcoin ETFs drew nearly $1 billion in the latest week as Friday inflows stayed positive despite Bitcoin briefly falling below $79,000. US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest three-week inflow stretch of 2026 as Bitcoin traded around $80,000. The funds attracted $986.9 million in the week ending Friday, bringing net inflows over the past three weeks to $3.8 billion, according to SoSoValue data. Total net assets across the funds stood at $101.3 billion on Friday after briefly rising to $103.3 billion a day earlier, while cumulative net inflows reached $55.6 billion.
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month. Key points: According to data released on Friday, the US economy added 162,000 nonfarm payroll jobs in August, significantly outperforming economists’ consensus expectations of roughly 56,000 jobs. In response to the announcement, Bitcoin (BTC) sold off from $81,300 to local lows of $78,600. At the time of writing it stands at $79,500. Recent economic data carries added weight, given how divided rate outlooks remain ahead of the next Federal Open Market Committee (FOMC) meeting on Sept. 15-16. Under previous Federal Reserve chairs, expectations ahead of the FOMC were mostly well-anchored. However, the lack of forward guidance from Chai…
The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records. Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio onchain. Pineapple plans to eventually migrate more than 29,000 funded mortgages worth over $10 billion onto the network, Injective said Friday. Each mortgage is represented by an onchain record tied to the underlying loan file, rather than being repackaged as a new mortgage security. The records contain more than 500 data points, including loan-level information designed to support verification, audit trails and risk a…
The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents. An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.” According to a FinCEN report released on Thursday, an analysis of more than 33,000 reports filed between September 2023 and December 2025 of suspected crypto scams revealed about $13 billion in financial transactions. The digital asset-based scams included instances of pig butchering, romance scams and “cryptocurrency confidence schemes,” in which a victim is manipulated into investing in crypto with false promises of large returns. “Digital as…
Corporate crypto bets are getting bigger as rising markets reward direct exposure, putting balance-sheet strategies and institutional adoption back in focus. Crypto’s August rally put corporate conviction to the test. Bitcoin (BTC) miners that spent much of the crypto downturn courting AI investors are once again trading like leveraged bets on BTC, while Strategy and Strive are adding thousands more Bitcoin to their balance sheets. The same concentration is playing out elsewhere. Bitmine is closing in on owning 5% of Ether’s (ETH) circulating supply despite billions in unrealized losses, while 21 major financial institutions are taking a different approach by developing stablecoins for payments and settlement. Bitcoin’s August rally lifted beaten-down mining stocks by as much as 67%, rev…
QuFi’s new platform uses post-quantum cryptography to verify digital asset transactions without requiring changes to existing blockchain settlement networks. Post-quantum infrastructure company QuFi Network has launched a verification platform designed to protect digital assets against future quantum computing threats without requiring changes to existing blockchain settlement networks. The platform separates verification from settlement, using a decentralized network of nodes to validate transactions with post-quantum cryptography before they are settled on existing blockchain networks. QuFi also launched uBTC, a proof-of-concept that applies the verification system to Bitcoin (BTC) and is currently operating on Bitcoin Testnet4. The uBTC system verifies BTC collateral and generates crypt…
Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now “step back and allow the legislative process to proceed.“ The National Sheriffs’ Association (NSA) has dropped its opposition to a cryptocurrency market structure bill scheduled for a vote later this month when the US Senate returns to session. In a Thursday letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the US law enforcement group said that it was changing its position on the Digital Asset Market Clarity (CLARITY) Act to “neutral.” The NSA cited the “significant work undertaken by Congress, the Administration, and stakeholders to navigate the many legal, regulatory, and enforcement considerations involved” in addressing the bill. “At…
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoin-related services. Revolut and Andreessen Horowitz-backed crypto banking startup OpenReserve have received preliminary US regulatory approval to establish national banks, with both companies planning to offer cryptocurrency and stablecoin-related services. The Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for Revolut to move forward with a proposed bank in Connecticut and OpenReserve with one in Utah, according to separate decisions published Wednesday. The OCC said Revolut wants its own US bank to provide services at lower cost and with greater efficiency than its current model, which relies on Federal Deposit Insur…