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Zcash will launch a token holder vote on the scope of its NU7 upgrade on August 25th.

50 minutes ago

Zcash co-founder Sean Bowe announced in a post that the Zcash community will hold an approximately 18-day token holder vote starting August 25 to determine the scope of the upcoming NU7 upgrade. The minimum voting participation threshold is 1 million ZEC, which must be held in the Ironwood network.

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A crypto whale sold 729,015 UNI tokens, cashing out approximately $3 million.

According to Lookonchain’s monitoring, two wallets (likely belonging to the same whale) sold 729,015 UNI tokens today for 1,578 ETH (worth approximately $3 million), cashing out around $3 million.

9 minutes ago

JPMorgan Chase raises eBay's price target to $107.

JPMorgan raises eBay (EBAY.O) price target from $100 to $107. (Jinshi)

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Scammers exploit Europe’s new MiCA regulations to pose as regulators and defraud users of their assets.

According to a report by the Financial Times, after the transition period of the EU’s Markets in Crypto-Assets (MiCA) regulation ended on July 1, impersonation scams targeting crypto users have risen. Scammers are posing as staff from the European Securities and Markets Authority (ESMA), the French Financial Markets Authority (AMF), or cryptocurrency exchange personnel, luring users to transfer assets to fake websites or wallets by falsely claiming platforms are unlicensed and assets need urgent migration. Data shows only 323 crypto firms have secured licenses so far; VASPnet estimates over 1,700 unlicensed entities may need to cease operations.

9 minutes ago

An employee of a Shenzhen-based company, who disguised himself as an overseas hacker, was sentenced for extorting Bitcoin and USDT, with the virtual currency involved in the case valued at over 630,000 yuan.

An employee of a company in Shenzhen’s Pingshan District, who was in debt from online loans, stole the firm’s core R&D materials, then disguised himself as a foreign hacker to send a ransom email demanding 0.88 Bitcoin (BTC), 0.8 BTC, and 90,000 Tether (USDT) as ransom. According to *Procuratorial Daily*, suspect Jia exploited management loopholes at the company to download large volumes of R&D materials from its server and copy the files to his personal mobile phone. He then used overseas email accounts to fabricate a "hacker intrusion" scenario, pressuring the company by claiming the leaked materials would cause massive losses. As the company refused to pay the ransom and reported the case to police, Jia was ultimately sentenced to 3 years and 3 months in prison and fined 10,000 yuan for attempted extortion. During the trial, prosecutors ruled that while Bitcoin and USDT are not legal tender in China, they are virtual assets with property value. The involved virtual currencies, valued at over 630,000 yuan, can be used as the basis for determining the crime amount.

9 minutes ago

BlackRock’s IBIT wallet accumulated and withdrew 5,073.95 BTC over the past 24 hours, equivalent to roughly $327 million.

According to monitoring by Onchain Lens, BlackRock's IBIT wallet withdrew 5073.95 BTC from Coinbase Prime over the past 24 hours, worth approximately $327 million.

9 minutes ago

Bitcoin mining firm Power Compute has pledged 307 BTC to restructure its $18 million debt.

Bitcoin mining firm PowerCompute has restructured three debts totaling $18 million via Arch Lending, using 307 Bitcoin from its reserves as collateral to replace prior loans from institutions including Galaxy Digital. The new financing is non-recourse, features a 30-day revolving structure, and carries an annual interest rate of roughly 2%—lower than the 12% rate on some of its old loans—enabling the company to cut interest expenses without selling its Bitcoin holdings.

9 minutes ago