Highlights Yuga Labs successfully recovered 68 NFTs at risk from Flooring Protocol following an exploit, valued at over $500,000. Despite a cooling market, high-value collections like CryptoPunks and Bored Ape Yacht Club continue to sustain significant floor prices. The Flooring Protocol, already facing challenges, is winding down operations, prompting asset...
Month: June 2026
SBI Shinsei Bank Unveils Exciting New Crypto Vouchers for Depositors!
Highlights SBI Shinsei Bank launches a new cryptocurrency rewards service for deposit customers. Customers can earn exchange vouchers worth 20% of their interest payments for buying cryptocurrencies like Bitcoin and Ethereum. The initiative reflects SBI Group's broader commitment to promoting digital asset adoption in Japan. Introducing a New Digital Era...
Zcash Unveils Ironwood Pool in Response to Orchard Bug Challenges!
In a significant development for the cryptocurrency community, Zcash developers are initiating plans for a new shielded pool named Ironwood. This move follows the recent patching of a bug that raised alarms about the potential for counterfeit ZEC, the native cryptocurrency of Zcash, to have entered circulation undetected.The Zcash Open...
Upcoming House Hearing: Unpacking the Game-Changing Crypto Tax Proposals
Highlights US House Ways and Means Committee introduces seven drafts aimed at simplifying digital asset taxation. Advocates push for reduced tax burdens on crypto transactions, mining, and staking, including a proposed “de minimis” exception. Illinois moves towards a 0.2% tax on crypto transactions as part of its latest state budget....
Major Changes Ahead: Binance Exchange to Suspend NFT Services and Transition Management to Binance Wallet!
Highlights Binance ceases NFT support on its exchange, transitioning management to the Binance Wallet. NFT holders must withdraw their assets by July 3, 2025, or risk losing access. The NFT market is experiencing a significant downturn, with major collections dropping below previous high valuations. Transitioning NFT Management In a significant...
