Zcash grants committee drops plan to redirect 98,000 ZEC to future mining rewards
The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system.…
Zcash grants group offers $124M compromise as governance backlash grows
Zcash Community Grants proposed redirecting about $124 million in existing and future funding toward mining rewards, but critics say the plan fails to address…
Bithumb hacked through employee system as South Korean financial firms face cyberattacks
The breach hit an internal employee system that Bithumb says is separate from its trading platform, while the exchange is still determining whether customer…
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years. Source:CoinDesk
Big Questions: Does Satoshi actually own 1.1 million Bitcoin?
Researchers can trace an estimated 1.1 million BTC to a distinctive early mining operation. The harder question is whether that miner was actually Satoshi.…
Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg
The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice…
Zcash targets November upgrade to make private payments up to three times faster
NU7 would reduce block times to 25 seconds while setting aside at least 60% of transaction fees to supplement mining rewards beginning in 2031. Source:CoinDesk
Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
Leverton will lead the DCGowned mining company as it pursues a public listing through its proposed merger with HeartSciences. Source:CoinDesk
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the stateowned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and…
Satoshi-era Bitcoin wakes after 16 years of dormancy as 600 BTC moves
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…
Hyperscale Data ends Michigan BTC mining as holdings fall 79%
Hyperscale Data’s Bitcoin holdings have fallen about 79% since late July to 215 BTC as it redirects capital toward its Michigan AI data center.…
Bitcoin’s 23% rally sends beaten-down miners soaring past AI stocks
Canaan, American Bitcoin and Cango jumped as much as 67% as renewed crypto demand showed BTC exposure can still drive mining equities despite the industry’s AI…