News – Archive

Monero Hits New All-Time High as Privacy Coin Demand Surges Amid Zcash Governance Woes
Monero (XMR) reached a new all-time high of $595.96 on January 12, 2026, its first peak since 2018.
The rally follows capital rotation from Zcash after a governance dispute led to the development team’s departure.
Privacy coins are gaining traction amid broader market liquidity improvements, though regulatory risks persist.
Monero, the leading privacy-focused cryptocurrency, has shattered its previous price records, climbing…

Bank of America and Goldman Sachs Upgrade Coinbase to Buy, Highlighting Expansion Beyond Crypto
Bank of America upgraded Coinbase to Buy with a $340 price target, implying nearly 40% upside.
Goldman Sachs raised its rating to Buy, setting a $303 target amid structural growth shifts.
Analysts emphasize Coinbase’s push into new areas like equities trading, prediction markets, and real-world asset tokenization.
Coinbase Global Inc. has garnered positive attention from major Wall Street institutions, underscoring confidence…

Morgan Stanley Files for Spot Bitcoin, Ethereum and Solana ETFs in Surprise Crypto Push
Morgan Stanley submitted S-1 filings for spot Bitcoin and Solana Trusts on January 6, 2026.
A subsequent filing introduced a spot Ethereum Trust with staking exposure.
The moves represent the first attempt by a major U.S. bank to issue its own spot crypto ETFs.
Analysts described the filings as a ‘shocker,’ highlighting strong client demand and growing legitimacy for crypto products.
Morgan Stanley has taken a significant…

Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%
Truebit exploit drains $26.6 million in ETH: An attacker exploited a flaw in a five-year-old smart contract to mint and sell TRU tokens, extracting funds from reserves.
TRU token value obliterated: The native token fell from approximately $0.16 to near zero, losing 99.9% of its value amid liquidity evaporation.
Protocol response underway: Truebit is coordinating with law enforcement and has warned users against interacting with the a…
Zcash Developers Resign En Masse Over Governance Clash, ZEC Plunges 15%
ECC team fully resigns: Entire Electric Coin Company staff, Zcash’s main developer, quit January 7 after governance dispute with Bootstrap nonprofit board.
ZEC price tanks: Token fell more than 15% to below $400, losing top privacy coin spot to Monero’s XMR; down 8-19% in 24 hours.
New company forms: Developers to launch new entity committed to Zcash mission of ‘unstoppable private money,’ protocol unaffected.
Dispute roots: Clash…
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