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Author: John Smith
Technology investor Jason Calacanis has called meme coins a “giant scam” while warning users that he has no involvement with tokens using his name or suggesting his endorsement. Summary Jason Calacanis has called meme coins a “giant scam” while distancing himself from token projects. Calacanis said he will never privately ask followers to buy, sell or trade financial assets. The investor said he follows Bitcoin and Bittensor but denied involvement with any meme coins entirely. Meme tokens currently carry roughly $35.9 billion in combined market capitalization, CoinGecko data shows today. Recent social account breaches have used fake celebrity-linked meme coins…
Hester Peirce plans to leave the Securities and Exchange Commission on Oct. 2, leaving Chair Paul Atkins and Commissioner Mark Uyeda to handle a crypto offering proposal still open for comment. The agency can legally operate with two commissioners. Whether the two agree on what its final rules should say is the question her exit brings forward. Summary Peirce plans to leave on Oct. 2, leaving 2 commissioners in office unless a replacement arrives. SEC rule 200.41 permits a quorum of 2 when only 2 commissioners hold office. A federal appeals court upheld an SEC decision issued by 2 commissioners…
GoPlus Security has challenged THORChain’s decentralization claims, arguing that its validator-controlled vaults and emergency mechanisms give node operators powers that differ from Bitcoin and Ethereum. Summary GoPlus argues THORChain validators can halt signing, challenging comparisons with Bitcoin and Ethereum decentralization models. THORChain documentation allows emergency pauses, chain-specific signing halts and Mimir votes when funds face risks. FBI attributed the 2025 Bybit theft to North Korea and urged services to block transactions. THORChain halted its network after a May exploit drained approximately $10.7 million from one vault. GoPlus claims Bitget-linked funds have moved through THORChain while North Korean attribution remains unconfirmed…
Japanese police have arrested two people suspected of helping a fake police fraud group steal cryptocurrency worth approximately 81 million yen from a woman in her 40s. Summary Japanese police arrested two suspects over a scheme allegedly stealing 81 million yen in cryptocurrency. Police believe the fraud group operated from Cambodia and targeted a woman in her forties. Investigators say the suspects’ linked cases caused confirmed losses totaling approximately 240 million yen overall. Japan recorded 617.1 billion yen in fake police scam losses through July this year nationally. Authorities believe a Chinese national directed the operation from a suspected Cambodia-based…
Ethereum has begun moving toward what Vitalik Buterin calls a “cryptographic world computer,” with major changes planned to verification, consensus, privacy and state management after Hegotá. Summary Ethereum could evolve into a cryptographic world computer using proofs, privacy tools and decentralized components. Hegotá may become Ethereum’s last conventional fork before recursive STARKs and Lean consensus reshape upgrades. FOCIL is scheduled for Hegotá to strengthen censorship resistance by distributing transaction inclusion authority further. PeerDAS has already changed Ethereum verification by letting nodes sample data instead of downloading everything. Ethereum Foundation targets quantum-resistant execution, consensus and data layers by December 2029 under…
French authorities have placed a woman under formal investigation as they examine whether alleged manipulation of Verasity’s VRA cryptocurrency helped finance tens of millions of euros in Dubai property purchases. Summary French investigators suspect VRA price manipulation helped finance Dubai property purchases linked to Svetlana A. Svetlana A. was formally investigated and detained over organized fraud, money laundering and criminal conspiracy. Le Monde says she spent over €50 million on roughly 100 Dubai apartments and villas. VRA rose about 65-fold during spring 2021 before later collapsing from its speculative price surge. Patent records list Svetlana Astakhova and Robert James Mark…
GIWA has rejected claims that its mainnet RPC was leaked, saying the Ethereum Layer 2 network has not launched its mainnet. Summary GIWA says its mainnet remains unlaunched, ruling out any leak involving a live mainnet RPC. Official documentation lists only GIWA Sepolia testnet RPC endpoints while mainnet infrastructure remains under development. GIWA runs on the OP Stack and uses Ethereum as the settlement layer for transactions. GIWA Wallet and stablecoin ecosystem products remain labeled Coming Soon on the project website currently. Upbit partnered with Optimism to build GIWA under a self-managed OP Enterprise infrastructure model earlier. The project said…
U.S. spot Bitcoin ETFs have attracted about $5.3 billion since the Treasury announced larger long-dated bond buybacks, according to ETF analyst Nate Geraci. Summary $5.3 billion entered spot Bitcoin ETFs after Treasury announced larger long-dated bond buybacks in August. $2.4 billion flowed into U.S. Bitcoin ETFs during the week ending September 25 alone overall. $999 million entered the funds Monday, ranking as their ninth-largest daily inflow since launch historically. Bitcoin ETF flows turned positive for 2026 after reaching a $5.8 billion deficit during July. BlackRock’s IBIT led last week with approximately $1.2 billion in net inflows, market data shows. Geraci…
Bitcoin price traded near $84,000 on Sep. 26 after retreating about 4% from its weekly high of $87,363. Sell orders clustered above the price, while the daily chart showed BTC holding well above its 20-day midpoint. Summary Bitcoin price traded at $84,008 on Binance at 07:07 UTC, about 3.8% below its weekly high. Analysts identified $85,000–$85,800 as the first area of heavy sell orders. The 4-hour Supertrend stood at $86,435, above the current price. U.S. spot Bitcoin ETFs recorded about $2.39 billion in net inflows from Sep. 21 to Sep. 25 Bitcoin faces sell orders from $85,000 to $85,800 Bitcoin…
Zcash price has gained about 102% over the past month to trade near $1,535 as co-founder Eli Ben-Sasson has repeated his forecast that ZEC will reach $5,000 by the end of 2026. Summary Ben-Sasson said his $5,000 year-end forecast remains on track after ZEC passed his earlier $1,200 target. ZEC recently traded above $1,600 before pulling back toward the $1,500 level. Grayscale’s U.S.-listed Zcash fund has surpassed $1 billion in assets roughly a month after its exchange debut. The daily chart places $1,625 above ZEC and $1,500 at the nearest marked level below its recent high. Ben-Sasson said in a…
