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Author: CryptoPress

Liquid Network Frozen After White-Hat Hack Secures $320 Million in Bitcoin

The Liquid Network, a prominent Bitcoin layer-2 sidechain, was frozen following a white-hat hack that intercepted $320 million in bitcoin. The intervention was executed by ethical hackers to prevent a catastrophic exploit, temporarily halting operations across the network. Stakeholders are actively working to restore normal functionality and secure user funds as on-chain investigations continue. The Liquid Network, a leading Bitcoin...

Breaking, Cryptocurrencies, News

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Liquid Network Pauses After Purported White Hats Withdraw $320 Million in Bitcoin

Purported white-hat hackers withdrew roughly 4,000 BTC, worth about $320 million, from Liquid’s federation wallet on Sept. 6. The outflow represented about 95% of Liquid’s reported bitcoin reserves of approximately 4,200 BTC. SideSwap processed a peg-out of 3,996 BTC after 4,000 L-BTC were burned; Blockstream attributed the L-BTC to an Elements software bug. Liquid disabled bridge nodes and told exchanges to pause L-BTC deposits and...

Cryptocurrencies, Hacks, News

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Zcash Clears $1,000 as Grayscale ZCSH ETF Assets Top $463 Million

ZEC traded above $1,000 on Sept. 4 for the first time since its 2016 listing spike, with an intraday high near $1,023–$1,046. Grayscale’s ZCSH ETF held $463.2 million in non-GAAP assets and 444,608 ZEC as of Sept. 4, after listing on NYSE Arca on Aug. 25. About $34.5 million of short positions were liquidated as 24-hour volume hit roughly $1.2 billion. Bitwise CIO Matt Hougan named Zcash as the privacy allocation among three multi-year crypto...

Altcoins, Cryptocurrencies, News

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Shiny Coins #24 – Four-Digit Zcash Steals the Week as Payrolls Clip the $82K Wick

Friday, September 4, 2026. Bitcoin last printed around $79,670, up a quiet-looking +2.9% on seven days that hid a full circus. The tape climbed from the high-$77,000s into a $82,281 wick after Fed Governor Christopher Waller said a September hold was still on the table and spot bitcoin ETFs booked a fat inflow day — CoinDesk put Thursday’s haul near $731 million. Strategy added another 4,603 BTC (~$370 million) after its summer pause. Then...

Altcoins, DeFi, Memecoins, Yield farming

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What is Pons - How it Works, Technical Analysis

What is Pons? How it Works, Technical Analysis

Pons is the launchpad that captured Robinhood Chain. Not the brokerage. Not an official Robinhood product. A permissionless, non-custodial factory built by Pons Labs (pseudonymous builder MEADGod, previously tied to RootsFi) that went live days after Robinhood’s Arbitrum L2 (chain ID 4663) hit public mainnet on July 1, 2026. Anyone can deploy a fixed-supply token and start trading it from their own wallet in one transaction. No...

Altcoins, Main, Memecoins

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