CZ sued for enabling crypto transfers to Hamas and Hezbollah

CZ sued for enabling crypto transfers to Hamas and Hezbollah

The founder of Binance, Changpeng CZ Zhao, and various executives are now the subjects of a broad-based suit initiated by over 300 victims and families of victims of the October 7 attacks in Israel.  It is alleged in the filing that Binance was aware of facilitating crypto transactions associated with Hamas, Hezbollah, and other US-designated…

VanEck Doubts Bitcoin’s Post-Quantum Future, Turns To Zcash

VanEck Doubts Bitcoin’s Post-Quantum Future, Turns To Zcash

VanEck, one of Bitcoin’s vocal supporters, admitted it will “walk away” from BTC if quantum computing renders its underlying technology obsolete. The global investment management firm revealed that it’s considering Zcash as an alternative to Bitcoin. The threat of quantum computing to Bitcoin (BTC) and other cryptocurrencies grows increasingly imminent. Security firm Chainalysis predicts the…

Digital Asset Treasury Stocks Surge Outpacing Crypto Market Gains

Digital Asset Treasury Stocks Surge Outpacing Crypto Market Gains

Crypto-sector investors favored digital asset treasuries (DATs) on Monday, with crypto treasury stocks outpacing the broader crypto market. BitMine Immersion Technologies was leading the pack of major digital asset treasuries with a Monday stock surge of almost 20%, according to Google Finance.  Its share prices surged from just below $27 to top $31 by the…