Zcash's native token, ZEC, plunged more than 30% after developers disclosed a critical vulnerability that could have allowed an attacker to create an unlimited number of counterfeit tokens without detection, according to reports published Thursday and Friday. … [Read more...] about Zcash tumbles after disclosure of critical four-year-old vulnerability
Stablecoins take center stage as regulators and institutions shape crypto’s future
The cryptocurrency industry's attention remains firmly fixed on stablecoins as regulators, financial institutions, and blockchain companies intensify efforts to shape the future of digital payments. … [Read more...] about Stablecoins take center stage as regulators and institutions shape crypto’s future
BNB Smart Chain successfully tested quantum-resistant cryptography
BSC’s test of quantum-resistant cryptography worked. The trade-off: roughly 40% slower transaction throughput. … [Read more...] about BNB Smart Chain successfully tested quantum-resistant cryptography
Senate unveils latest Clarity Act draft as crypto market rules head to markup
The U.S. Senate Banking Committee has released the latest text of the Digital Asset Market Clarity Act, putting one of Washington’s most closely watched crypto market-structure bills back on the legislative calendar. … [Read more...] about Senate unveils latest Clarity Act draft as crypto market rules head to markup
Tether Reports $1.04 Billion Profit as Reserves Climb to Record
Tether International said first-quarter profit reached $1.04 billion and excess reserves rose to a record $8.23 billion, as demand for its dollar-pegged stablecoin held steady amid volatile markets. … [Read more...] about Tether Reports $1.04 Billion Profit as Reserves Climb to Record
European banks deepen move into crypto infrastructure as Societe Generale expands services to crypto firms
French lender Société Générale is broadening services for crypto firms through its digital-asset arm SG-Forge, another sign that major European banks are moving from experimentation toward deeper involvement in blockchain-based finance. … [Read more...] about European banks deepen move into crypto infrastructure as Societe Generale expands services to crypto firms
Tron unveils post-quantum upgrade plan amid rising crypto security debate
Tron has announced a new initiative to strengthen its blockchain against potential threats from quantum computing, with founder Justin Sun positioning the move as a proactive step ahead of the wider crypto industry. … [Read more...] about Tron unveils post-quantum upgrade plan amid rising crypto security debate
Binance offers UAE staff relocation option amid regional tensions
Binance has offered its employees in the United Arab Emirates the option to temporarily relocate to several Asian cities as ongoing regional tensions disrupt business activity across the Middle East. … [Read more...] about Binance offers UAE staff relocation option amid regional tensions