Grayscale's Zcash ETF holders to get triple their ZCSH holdings after 3:1 share split approval

Grayscale said on September 18 that it plans a 3-for-1 forward split of its Zcash ETF (ZCSH).  ZCSH is the first U.S. fund tracking a privacy coin. The move will triple each holders share count without changing what their stake is worth.  What Grayscale‘s Zcash ETF share split means for holdersWhat does Grayscale’s share split mean for its shareholders?  Grayscale has said that it is planning on splitting its Zcash ETF (ZCSH) in a way that anyone holding ZCSH at the close on September 28 receives two additional shares for each one they already own.  Discover more  News  Compare Exchange Rates  Open Trading Account  The shares are to be distributed after the market closes on September 29. Post-split trading is set to begin before the opening bell on September 30, the effective date.  Cryptopolitan reported that Grayscale converted its long-running Zcash Trust into an ETF under the ticker ZCSH and listed it on NYSE Arca on August 25. Coinbase Custody holds the coins, and the fund carries a 2.5% annual fee, roughly ten times what a spot Bitcoin ETF charges.  Grayscale said on September 8 that its assets passed $500 million following the debut, up from the $260 million or so the fund listed with.  In a September 17 Medium analysis

09-19انڈسٹری

US 10-Year back at 5% as global tightening wave pushes

US Treasury yields rose on Friday, boosted mainly by the Federal Reserves decision to increase rates on Wednesday, while the Bank of Japan added its name to the list of major central banks focused on preventing inflation from getting out of control.  Treasury yields climb as Fed and BoJ hikes reinforce inflation fears  The yield on the US 10-year Treasury note is up over six basis points at 5%, shy of Tuesdays 5.041%, the highest since 2007.  Uncertainty around the Middle East conflict pushed Oil prices higher, increasing the risk of upside inflation. Consequently, major central banks are stepping in to raise interest rates.  On Friday, the Bank of Japan (BoJ), in a 7-2 vote, increased interest rates by 25 basis points to 1.25%, its highest level in 31 years. Meanwhile, on Wednesday, the Federal Reserve unanimously opted for a rate hike of the same size as the BoJ, the first increase in three years, recognising that inflation is well above the Feds 2% goal.  The jump in US bond yields is moving in tandem with traders pricing in further rate hikes by the Fed. For the end of 2026, money markets priced in 34 basis points of tightening. The odds of a hike in

09-19انڈسٹری

Binance launches 24/7 FX perps with weekend pricing system

Binance is expanding its derivatives offering into foreign exchange with the launch of 24/7 perpetual futures, starting with a US dollar-Brazilian real contract on Monday.  Unlike traditional FX markets, which close for the weekend, Binances contracts will trade continuously using a dual-mode pricing system. During regular FX trading hours, prices will track a weighted index from third-party data providers, while weekends and public holidays will use an orderbook-based pricing mechanism.  The USDBRLUSDT contract will go live on Sept. 21, settle in USDT and offer up to 100x leverage, according to a Friday announcement. Binance said the weekend system uses an exponentially weighted moving average of orderbook prices, rather than relying on external price feeds.  Binance trading head Shunyet Jan said the contracts are intended to extend price discovery beyond traditional FX trading hours, while giving traders a venue to hedge or take positions around the clock.  Related: Binance brushes off Lagarde MiCA speculation, reaffirms Europe commitment  Crypto exchanges expand into foreign exchange  The launch comes less than two weeks after Bybit introduced 24/7 perpetuals tracking EUR/USD, GBP/USD and USD/JPY, also settled in USDT and offering up to 100x leverage.  Other crypto exchanges entered the market earlier. Kraken launched FX perpetuals tracking the euro, British pound, Australian dollar,

09-19انڈسٹری

Fake AI trading bot tutorials steal 274.6 ETH from 224 victims

Fake YouTube tutorials promoting AI-powered crypto arbitrage bots have tricked 224 victims into deploying malicious smart contracts that stole 274.6 ETH worth about $517,000.  SummaryNine similar YouTube videos directed users to compilers controlled by the scam operators.Victims deployed 234 contracts and funded them through transactions they approved themselves.A malicious backend replaced the code shown to users with contracts designed to steal ETH.Stolen funds moved to six collection addresses, with the median victim losing 1 ETH.  TRM Labs said in a Sep. 14 report that the operation disguised malicious Ethereum contracts as automated trading tools built with Anthropics Claude, allowing the scammers to steal funds without relying on conventional phishing links or suspicious wallet approvals.  The blockchain intelligence firm traced 234 contracts deployed by victims, although the campaign affected 224 people because some participants created more than one contract. Funds taken through the contracts eventually reached six collection addresses controlled by the operators.  Based on ETHs value when the transfers occurred, the 274.6 ETH stolen was worth approximately $517,000. TRM calculated a median loss of 1 ETH per incident, showing that the total did not depend on a single large victim.  You might also like:  Verus Ethereum Bridge hacked again for $7.54M after May exploit  Fake AI trading

09-19انڈسٹری

Warren Buffett Steps Down as Berkshire Chairman. How Will Stock React?

Warren Buffett stepped down as Berkshire Hathaway chairman on Friday and handed the seat to his son, Howard Buffett. The board named him chairman emeritus, a title that keeps him on the board without running it.  Greg Abel remains chief executive. He continues to make the day-to-day calls and decide where Berkshires money goes.  Sponsored  Sponsored  Buffett Steps Down as Berkshire Chairman After 56 Years  Howard Buffett has sat on the board since 1993, longer than his father spent in business before taking over Berkshire at 34. Susan Decker stays lead independent director. Chairman emeritus is an honorary title. It carries no command over the company.  The elder Buffett, who turned 96 last month, framed the change as a formality in a letter to shareholders.  “He has been making the decisions that matter for some time now, and I have not had to think twice about any of them,” the announcement stated, citing Warren Buffet, now Berkshire Hathaway chairman emeritus.  Class A shares closed Thursday at $763,936, down 2.10%. The Class B shares finished at $509.20, a 2.04% drop. That selling ran ahead of the announcement, and in Friday pre-market trade the B shares sat at $509.24, barely moved.  Berkshire Hathaway Class A Shares (BRK-A) Performance. Source: Yahoo Finance  BeInCrypto

09-19انڈسٹری

CoinShares Says Bitcoin Won't Hit $80,000. Is It Correct?

CoinShares does not expect Bitcoin price (BTC) to break above $80,000 this year. The firm blames a hawkish Federal Reserve and the stalled CLARITY Act, the US bill setting crypto market rules.  Bitcoin trades near $78,040, about 2% below that level. VanEck expects $100,000 within a year, which turns the forecast into a test of whose macro read holds.  Why CoinShares Sees Bitcoin Capped Below $80,000  The Federal Reserve raised rates a quarter point on Wednesday to a range of 3.75% to 4.00%. It was the first increase since 2023. Projections released with the decision also removed expected easing through 2027.  Sponsored  Sponsored  James Butterfill, head of research at CoinShares, set out the firms view in a Friday update. A decisive break above $80,000 is unlikely without better inflation data or a clear shift in policy expectations.  He tied much of that to Iran. Higher energy prices keep feeding inflation, leaving the Fed little reason to soften.  Butterfill added that Bitcoin is shielded from the regulatory setback because its legal status is already settled. Ether and altcoins are not, since much of the stablecoin payment infrastructure runs on those networks.  Bitcoin Price Performance. Source: TradingViewVanEck Sees $100,000 While On-Chain Data Weakens  VanEcks Matthew Sigel told CNBC on Friday he expects

09-19انڈسٹری

Michael Dell's $6.25 Billion Bet on Compounding Wins Over Wall Street and Parents

Michael Dell asked parents to teach their children about compounding and investing rather than about him, weeks after $250 deposits from his foundation began landing in millions of American childrens accounts.  He was replying to a father who said his kids had received the money. The exchange came in the same week Dell Technologies (DELL) shares climbed 16% and neared $600.  Sponsored  Sponsored  DELL Stock Performance. Source: Yahoo FinanceWhat Michael Dell Told Parents About Compounding  Users revealed their children had received their $250, urging other parents to ensure their children knew Dells name and story. Dell replied on Thursday.  “Please teach your kids about investing, compounding, and capitalism, not about me,” Michael Dell responded.  The money comes from a $6.25 billion pledge Michael and Susan Dell made in December 2025. It covers $250 each for up to 25 million children.  Deposits go into Trump Accounts, government-backed investment accounts created by a 2025 tax law. Balances sit in low-cost funds that track the US stock market, and children cannot withdraw before they turn 18.  Dells share goes to children under 11 born before 2025, in ZIP codes where median family income is under $150,000. The first deposits reached accounts at the end of August.  Sponsored  Sponsored  The White House has separately weighed tax

09-19انڈسٹری

Katie Price Checks Husband's Crypto Wallet and Finds $3 Instead of $50 Million

Katie Price told Good Morning Britain she has ended her marriage after checking her husbands crypto wallet and finding roughly $3 where Lee Andrews had promised $50 million.  Andrews, held in a civil jail in the United Arab Emirates over unpaid debts, sent the programme a voicenote from detention. He said she opened the wrong wallet and that the money is real.  What Katie Price Found in the Crypto Wallet  Price said a friend who trades crypto opened the wallet on her phone while she was abroad. The balance came to about £2.22, close to $3. She checked again minutes before going on air and said nothing had moved.  Sponsored  Sponsored  Andrews did not dispute that figure. He said the balance sits in a different wallet, offered to send a presenter £10,000 to show he can move funds, and offered to take a lie detector test once released.  “I hope it actually shows by Wednesday that there is 50 million USDT there, which has been legitimately made,” Andrews said that in the voicenote.  USDT is Tether, a stablecoin built to trade near one dollar. It is the third largest crypto asset by market value, so 50 million units would be worth about $50 million.  Other claims have already come

09-19انڈسٹری

SEC tokenized stock plan puts investor rights ahead of trading speed

The SEC has opened a five-year pathway for tokenized U.S. stocks that requires each approved token to carry the economic, voting, dividend, and liquidation rights attached to the underlying share.  SummaryTokenized NMS stocks must provide the same rights as their traditional share equivalents.Synthetic products that offer only price exposure fall outside the SEC exemption.Bitget Wallet COO Alvin Kan said legal ownership matters more than 24-hour trading.The exemption carries symbol and volume limits and remains open to SEC modification.Institutions can run pilots, but the temporary order does not provide lasting legal certainty.  Bitget Wallet COO Alvin Kan told crypto.news that the legal rights attached to a stock token will matter more to investors than its trading hours, settlement speed, or country of issuance.  “A token that tracks a stock price is not the same thing as owning the stock. Putting both on a blockchain doesnt erase that difference,” Kan said.  Under the SEC exemption, a tokenized National Market System stock must grant its holder the same rights and privileges as the matching traditional share. Kan said those protections include an economic interest in the company, dividends, voting power and rights during liquidation.  Synthetic exposure does not qualify under the exemption. An issuer can also object if

09-19انڈسٹری

Zcash Crypto Developers Agree on Nov. 5 NU7 Mainnet Upgrade

Key InsightsZcash crypto (ZEC) developers target Nov. 5 for the NU7 mainnet upgrade, pending a final decision on Oct. 20.Block times could fall from 75 to 25 seconds, making blocks three times faster.Testnet activation is set for Oct. 6, giving developers time to assess NU7 before the mainnet decision.  Zcash (ZEC) crypto developers reached unanimous agreement on Sept. 17, 2026, to target Nov. 5 for the NU7 mainnet upgrade, setting the stage for a testnet rollout on Oct. 6 and a final mainnet decision on Oct. 20.  The announcement came in a September 17 post on the Zcash Community Forum by developer Sean Bowe, known as ebfull. Testnet activation is set for October 6.  The agreement followed recent sentiment collection results and discussions among the Zcash Foundation, Project Tachyon, Valar Group, ZODL, Shielded Labs, and engineering teams. Feedback from proposal proponents and timeline talks between Zakura and Zebra teams helped finalize the plan.  So, here we explore the recent developments of the Zcash (ZEC) crypto in detail and see how it may impact the cryptos future path ahead.  Discover more  Open Trading Account  News  Trade Crypto Assets  Zcash (ZEC) Crypto Upgrade Timeline Locked In  Code completion is scheduled for September 30. Features must be ready for the testnet upgrade by

09-19انڈسٹری
1
...
115117
...
1000