Bitcoin, Ethereum, altcoins, DeFi and Web3 news in brief.
The U.S. Treasury sanctioned Tehran-based crypto exchange BitBank on Sept. 17, accusing it of moving hundreds of millions of dollars in Bitcoin to Iran’s Islamic Revolutionary Guard Corps. Treasury also said BitBank…
Zcash developers are targeting Nov. 5 for the NU7 mainnet activation. The upgrade would cut block times from 75 seconds to 25 seconds. Developers also plan to activate NU7 on testnet on…
Zcash climbed to about $1,388 Thursday as investors reacted to the NU7 governance vote. ZEC traded near $1,368 after gaining 10.9% on the day and 168% over 30 days. The rally pushed…
The House Financial Services Committee advanced the American Reserve Modernization Act on September 16 by 28-21. The bill would establish a Strategic Bitcoin Reserve under Treasury custody and create a separate stockpile…
Kyobo Life Insurance and Japan’s SBI Group completed a cross-border stablecoin test on Sept. 17. The pilot used Canton Network to test direct yen-to-won stablecoin settlement without the U.S. dollar as an…
Moscow Exchange will launch perpetual futures tied to five crypto indexes on September 22. The contracts will c over BTC, ETH, SOL, XRP and TRX, with access restricted to qualified investors. The…
Celsius Network’s bankruptcy estate has sued BitMEX over 6,360 BTC tied to liquidations during the March 2020 crypto crash. The estate filed the case on September 12 in U.S. Bankruptcy Court for…
Column launched four financial infrastructure products on September 16, expanding its platform across stablecoins, card issuing, global banking, and multicurrency accounts. The U.S. bank said fintech companies can access the services through…
Hackers claiming responsibility for a Revolut data breach have demanded 6,000 XMR, worth about $3 million, within 24 hours. The group, calling itself iamnotavillain, threatened to sell confidential records from about 680…
Ripple CEO Brad Garlinghouse criticized Democratic politics after the U.S. Senate blocked the CLARITY Act on Tuesday. Senators voted 49-50 against advancing the crypto market structure bill, which needed 60 votes to…
India’s Parliamentary Standing Committee on Finance raised concerns about bank and UPI account freezes linked to peer-to-peer crypto transactions on September 16. Chairman Bhartruhari Mahtab said the issue did not form part…
Circle launched the public Arc mainnet on Wednesday, September 16, bringing more than 100 institutional and ecosystem participants onto its new Layer 1 blockchain. BlackRock, DTCC, Visa, Mastercard, Standard Chartered and other…
You are all caught up.