Zcash has activated its NU7 network upgrade, a milestone for the privacy-focused cryptocurrency. The upgrade shortens the target time between blocks to 25 seconds. It also reduces the processing work wallets must perform to locate private payments. In addition, NU7 sets aside fees to support future miners.
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A treasury company linked to Hyperliquid is pursuing regulatory approval in the United States to operate as a futures commission merchant. The firm says the goal is to serve American clients with full compliance under US rules. The company has not given a firm timeline for when that approval might be granted. The move signals an effort to bring Hyperliquid-related activity within the US regulated framework.
A Bitcoin developer has proposed a mechanism designed to deter quantum-enabled theft of vulnerable bitcoin. Under the proposal, anyone attempting to move coins at risk from quantum attacks would have to post matching collateral. Owners who have prepared in advance could then claim both the collateral and the funds. The idea, described as creating 'landmines', aims to make such thefts costly for the attacker. The article's reporting is limited to the proposal itself as presented by CoinDesk.
The U.S. Justice Department has assembled a new task force aimed at defending against artificial intelligence threats from abroad. The group will support the recently designated U.S. "SI Force" in countering bad actors. Those actors may be backed by foreign governments, criminal organizations, or engaged in corporate fraud. The article provided does not specify further details about the task force's structure, timeline, or resources.
A post-election rally in markets reversed quickly as AI-related stocks plunged. Cryptocurrencies fell too but held up comparatively better than the broader sell-off. The downturn triggered a liquidation wave worth roughly $1 billion in crypto positions. A trader at Wintermute nonetheless described the outlook as a 'glass half full' situation.
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