Zcash targets November for NU7 mainnet upgrade with 25-second blocks
NU7 will cut Zcash block times to 25 seconds and preserve its halving schedule, with testnet activation planned for Oct. 6.
Crypto
Bank of Japan raises interest rates by 25 basis points. BTC tops $77,000
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points on Friday, lifting it to 1.25%, the highest level in 31 years, as it battles sticky inflation and a chronically weak yen. The BOJ said it acted because of risks that… Read More
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
In her filing, Dr. Clinton claimed to have been estranged from her mother since 2022 after an incident during a family vacation when Kathleen Allman allegedly told Dr. Clinton’s young children, aged 10, six and two, that “they were worthless, that she should have aborted… Read More
S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security
S&P Global (SPGI) said Thursday it has agreed to buy OpenZeppelin, a smart-contract security firm whose open-source code library is used across much of the stablecoin and tokenized-fund market. S&P said contracts built with the library have moved more than $37 trillion over time. Terms… Read More
Record U.S. diesel prices complicate bitcoin and gold outlook
U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay, according to the Financial Times. The group, which calls… Read More