Rohit Kumar

Zcash (ZEC) surged 48% to surpass the $800 mark following news of accelerated progress regarding a potential Zcash spot ETF from Grayscale Investments. The privacy-focused digital asset traded above its January 2018 peak as institutional interest and derivatives volume intensified throughout the trading week. Key Points: The sudden price appreciation was catalyzed by a series … Read more

The crypto market rally recorded its strongest performance in months this week as a historic short squeeze and favorable regulatory developments forced massive liquidations for Bitcoin and Ether bears. Treasury intervention and institutional stablecoin adoption provided the macro tailwinds necessary for this significant price recovery, according to market data. Key Points: The recent price action … Read more

Tokenized stocks risk recreating the operational failures of the 1960s Wall Street “paper crisis” if the digital asset industry continues to build on fragmented, non-standardized systems. Fairmint CEO Joris Delanoue warned that the current trajectory of Real World Asset (RWA) tokenization could lead to a systemic settlement bottleneck, according to recent industry commentary. Key Points: … Read more

The Sandbox (SAND) suspended token bridging services on the Base and BNB Chain networks on Friday following the discovery of a **Sandbox bridge exploit**. The Web3 gaming platform took the action to isolate affected assets, noting that the breach impacted less than 0.01% of the total SAND token supply. Key Points: The Sandbox, a prominent … Read more

Digital asset platform BitMart is currently evaluating a **BitMart restructuring plan** that could facilitate a partial restart of operations and the commencement of creditor payouts only weeks after the exchange announced a sudden shutdown. The company has formally engaged legal experts to draft a recovery strategy as it seeks to navigate the complexities of its … Read more

Laser Digital, the digital asset subsidiary of Nomura Holdings, has secured a landmark Japan crypto approval, marking the first time the country has issued a new exchange license to a major player in four years. The registration with the Financial Services Agency (FSA) allows the firm to offer institutional liquidity to domestic providers as appetite … Read more

Coinkite has officially released a critical **Coldcard firmware update** following a security breach that facilitated the theft of $114 million in Bitcoin from multiple users. The manufacturer confirmed that while a rigorous three-week audit helped identify several unrelated vulnerabilities through the use of artificial intelligence, the software patch cannot restore security to wallets that have … Read more

Ethena’s ENA token surge of 48% over the last 24 hours followed the announcement of a $1 billion strategic partnership with institutional prime broker FalconX. While individual assets like ENA and Hyperliquid (HYPE) are reaching new highs, broader market data indicates that a comprehensive altcoin season has yet to materialize. Key Points: The sudden price … Read more

Summer Mersinger, CEO of the Blockchain Association, warned that reopening settled provisions in the Clarity Act legislation just four weeks before a scheduled vote could lead to the bill’s failure. The industry leader emphasized that maintaining the current consensus is critical for the stablecoin regulatory framework to move forward. Key Points: The urgency surrounding the … Read more

The Blockchain Association and the Crypto Council for Innovation have officially joined a legal challenge against the state of Illinois to block its recently approved Illinois crypto tax. The industry advocacy groups filed the lawsuit to contest a 0.2% levy on digital asset transactions, which they argue constitutes discriminatory taxation against the burgeoning sector. Key … Read more