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Dragonfly’s Qureshi Calls for End to Zcash Dev Fund After 2028
Crypto-focused venture capital firm Dragonfly’s managing partner, Haseeb Qureshi, proposed winding down the Zcash developer fund after it expires under current rules in 2028.“I’m of the opinion that this should be the final Dev Fund,” wrote…
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Circle Launches Arc Mainnet With USDC Gas
USDC issuer Circle has launched the mainnet of Arc, a layer-1 (L1) blockchain targeting stablecoin payments and financial markets, particularly agentic transactions.Arc uses USDC as its native gas asset and offers Ethereum Virtual Machine…
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US Sanctions Iran’s BitBank Over IRGC Bitcoin Transfers
US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz.The US Department of the Treasury’s Office of Foreign Assets Control…
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UAE Taps Avalanche to Secure Digital Identity for 12.5M People
Key TakeawaysUAE migrated its UAEPASS digital vault to Avalanche’s L1, ensuring reliable performance for 12.5M users.The dedicated L1 handles only UAE traffic, preventing external congestion and maintaining state control.This mirrors the…
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CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
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Robinhood Chain’s TVL Nears $1B, but Failed L1s Raise Sustainability Question
The chain's one-month TVL growth stands at 71%, yet net outflows of $11.11 million over 24 hours show capital can still move quickly.
Four blue-chip layer-1 blockchains…
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CLARITY Act Hits Final Stretch as Democrats Push Back Before Senate Vote
A Democratic counterproposal landed ahead of the Senate vote as lawmakers remained divided over ethics language and other CLARITY Act provisions.
The latest stage of…
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Crypto Turns to Regulators After CLARITY Setback
Crypto industry leaders are looking to US financial regulators to fill the regulatory gap after a major crypto bill establishing a regulatory framework for digital assets stalled in the Senate on Tuesday.The Senate voted 49-50 on a motion…
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BIS Study Finds Major Discrepancies in Bitcoin Onchain Metrics
Researchers at the Bank for International Settlements found that estimates of Bitcoin onchain transfer values can vary by as much as sixfold depending on how transactions are measured.The finding concerns onchain Bitcoin transfer values,…
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Bitcoin Drops to $75.6K on CLARITY Act Uncertainty and a Fresh Bond-Yield Surge
Bitcoin (BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote on the CLARITY Act.Key points:Bitcoin dropped to $75,560, its lowest level so far in September…
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