Zcash price plunges 50% amid bug fallout and Hayes selloff, can whales reverse the trend?
Zcash has plunged nearly 50% from its recent high after disclosure of a critical network vulnerability triggered panic selling, forced liquidations, and the exit of one of the privacy coin’s most prominent supporters. Summary Zcash plunged nearly 50% after disclosure…
Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence
Key Takeaways On June 5, ETH plunged 10% to $1,545, leading a market-wide sell-off that erased $468M in leverage. ZEC crashed over 40% after an AI tool found a security flaw, ceding its top privacy coin spot to Monero. Fhenix…
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. Summary Rep. Brad Sherman criticized proposals to…
Chile Busts $88 Million Crypto Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel
Key Takeaways Chile arrested 18 individuals over an $88M crypto laundering network linked directly to the Tren de Aragua gang. Shaking banking safety, Juan Carlos Pérez Asencio used Banco Santander to open several accounts since 2019. Hector Barros froze 140…
Solana Just Proposed Cutting $1.5 Billion in Token Emissions in Half the Time, Is This the Supply Shock SOL Needs?
A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the…
BNP Paribas warns inflation threat could trigger three Fed hikes
BNP Paribas has forecast three Federal Reserve rate hikes beginning in December, citing stronger-than-expected U.S. employment data and rising inflation pressures that the bank links in part to the ongoing U.S.-Iran conflict. Summary BNP Paribas expects the Fed to deliver…
Mastercard Enables Stablecoin Settlement Across Eight Blockchains
On June 4, 2026, Mastercard announced on X its plans to expand the settlement capabilities of its payment network, allowing issuers and acquirers to settle transactions using regulated stablecoins across eight blockchains, alongside existing fiat processes. This move marks a…
TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON
Geneva, Switzerland — June 5, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications ( dApps), today announced the spot listing of TRX, the native utility token of…
$62Bn Vanished: Is the Bitcoin Corporate Treasury Meta Dead?
In Bitcoin news today, publicly traded companies built around holding BTC as their core reserve asset have shed $62Bn in combined market value since early October, with the total capitalization of these firms collapsing from $134Bn to approximately $72Bn, according…
Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout
A wave of publicly traded companies built to hold Bitcoin for investors is unraveling fast, wiping out tens of billions in market value as the crypto downturn grinds on. When Bitcoin was soaring, the pitch was simple: buy shares in…
