GoMining challenges Jack Dorsey’s Square with payments system designed around bitcoin GoMining is positioning a new payments system built around bitcoin as a direct challenge to Square, the payments company long associated with Jack Dorsey and a public advocate of bitcoin-focused financial products. No additional details were provided about the product’s launch timeline, technical design,…
Bitcoin Has Years to Prepare for Quantum Threat Bernstein analysts have downplayed fears that quantum computers will suddenly break Bitcoin, arguing the network has three to five years before real risk emerges. The warning centers on older wallets and exposed private keys rather than the protocol itself, giving the community time to act before any…
Zcash Surges 30% as Ceasefire Hopes Ignite Old Bull Trap Fears Zcash (ZEC) jumped roughly 30% in a single session as traders priced in a potential US–Iran ceasefire, yet the move is already flashing warning signs familiar from the 2021 bear market. The rally lifted ZEC above key resistance levels that previously marked local tops,…
Bitcoin’s Quantum Clock Is Ticking, But Bernstein Says Panic Is Overdone Bitcoin is staring down a theoretical threat from quantum computers that could one day crack its cryptography, yet a new Bernstein analysis argues the risk is narrower and more manageable than headlines suggest. The firm’s researchers conclude that only older wallets with exposed public…
GoMining challenges Jack Dorsey’s Square with payments system designed around bitcoin GoMining is positioning a new payments system as a direct challenge to Block’s Square, framing the product around bitcoin as a core design element rather than an add-on to traditional payment rails. The move highlights a growing push by crypto-native firms to compete with…
MEXC Names New CEO and Eyes EU MiCA License MEXC just put a new captain at the helm and declared its intent to chase a European license under the Markets in Crypto-Assets rules. The move signals that one of crypto’s most aggressive fee-cutting exchanges is shifting from pure growth mode into regulatory survival mode. Vugar…
Court Blocks Crypto Firm’s Bid to Sidestep Texas Judge Texas appeals court just slammed the brakes on Envy Blockchain’s attempt to escape a state district judge’s oversight. The Eighth Court of Appeals refused to issue a writ of mandamus that would have forced the lower court to drop or transfer the case. In one brisk…
Bitcoin Has Years to Fix Quantum Risk, Says Bernstein Bitcoin is not about to be cracked by quantum computers tomorrow, but the clock is ticking. Bernstein analysts warn that older wallets holding exposed public keys remain the clearest target, while the broader network still has a 3-to-5-year runway to upgrade its cryptography. The threat centers…
SEC Loses Key Relief-Defendant Ruling in Crypto Case The First Circuit just told the SEC it cannot freeze a German banker’s assets to claw back money from a fraud he never joined. In a swift reversal, the appeals court ripped the agency’s tactic of naming “relief defendants” who hold no legal claim to disputed funds,…
Algorand unveils roadmap to achieve quantum resistance by 2028 Algorand has published a roadmap outlining its plan to make the network quantum-resistant by 2028, setting a target timeline for upgrades intended to protect users and on-chain assets against future cryptographic risks posed by quantum computing. The announcement centers on preparing Algorand’s security model for a…
Bitcoin Buyers Flood Binance as $90K Target Emerges Bitcoin is showing fresh signs of life as aggressive buying volumes surge on Binance, pushing the market closer to the long-awaited $90,000 level. The move comes amid broader signs that buyers are stepping back into control after weeks of hesitation. For traders watching order flow, the shift…
CFTC’s Courtroom Win Hands Regulators New Edge Over Crypto The Seventh Circuit just handed the Commodity Futures Trading Commission a rare procedural victory, ordering Kraft Foods and Mondelēz to hand over internal documents that the agency claims will prove price manipulation in wheat futures. The ruling matters because it strengthens the CFTC’s investigative muscle at…
SEC Revives 1989 Bilzerian Injunction, Signals Crypto Crackdown The D.C. District Court just dusted off a 22-year-old injunction against convicted stock manipulator Paul Bilzerian, ruling that his family’s 2014 attempt to dissolve the asset-freezing order violated the original decree. The decision matters because it shows how aggressively the SEC can still enforce ancient judgments and…
COURT SLAPS SEC, HANDS CRYPTO A RARE WIN The Supreme Court just clipped the SEC’s wings on crypto enforcement, ruling that most digital asset sales do not automatically qualify as securities offerings. In a swift 6-3 decision, the justices rejected the agency’s broad “investment contract” theory, forcing regulators to prove each token meets the Howey…
Zcash Surges 30% on Ceasefire Hopes, But History Warns of a Trap Zcash (ZEC) ripped 30% higher this week as U.S.–Iran ceasefire rumors spread through crypto Twitter, turning a privacy coin into the market’s sudden momentum leader. The move mirrors sharp rebounds ZEC posted during the 2021 bear market, when quick 25-40% pops were almost…
CFTC Wins Right to Police Family Futures Trust The Seventh Circuit just handed the CFTC clear authority over a family trust that traded futures, rejecting the trust’s claim that its small size and personal character put it beyond federal reach. The ruling matters because it signals regulators can treat even modest, non-commercial vehicles as “commodity…
SEC Picks New Enforcement Chief Amid Crypto Lawsuit Questions The U.S. Securities and Exchange Commission has named David Woodcock as its new enforcement chief just as lawmakers demand answers on why the agency suddenly dropped high-profile crypto cases, including its lawsuit against Justin Sun and several other digital-asset firms. The timing suggests internal pressure and…
COURT SHUTS DOWN BID TO BLOCK SEC ENFORCEMENT The Fifth Circuit just refused to pause an SEC lawsuit against a crypto exchange and its token, slamming the brakes on an emergency stay. The ruling keeps the agency’s civil case alive and signals that judges aren’t ready to handcuff regulators while constitutional fights play out. The…
Bitcoin Holds Above $63K as $42.2M in Liquidations Clears Leveraged Bets Bitcoin traded above $63,000 after a wave of forced position closures wiped out $42.2 million in liquidations across the crypto market, clearing out a portion of leveraged bets. Liquidations occur when traders using leverage no longer have sufficient margin to support their positions, prompting…
Bitcoin Holds $72K Line as Altcoins Watch and Wait Bitcoin is testing the upper edge of its recent range near $72,000, where fresh selling pressure has emerged after a short relief rally. The move comes as traders weigh whether this is another fakeout or the start of a broader push higher, with altcoins still largely…
