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Tag: Breaking

Lummis and Wyden Introduce Bill to Exempt Non-Custodial Blockchain Developers from Money Transmitter Rules

Bipartisan legislation introduced to protect non-custodial blockchain developers. Safe harbor exempts software creators without user fund control from money transmitter licensing. Addresses regulatory uncertainty impacting DeFi and open-source projects. Standalone bill signals priority amid broader crypto market structure talks. U.S. Senators Cynthia Lummis (R-WY) and Ron Wyden (D-OR) introduced the Blockchain Regulatory Certainty Act on...

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Fed Chair Jerome Powell Discloses Ongoing Federal Criminal Investigation, Calls It ‘Pretext’

Federal Reserve Chair Jerome Powell personally disclosed an active federal criminal investigation in a video statement. The probe focuses on Powell’s earlier congressional testimony regarding a Fed office building renovation project. Powell described the allegations as a “pretext” aimed at undermining central bank independence. Bitcoin briefly surpassed $92,000 following the news amid broader market volatility. Federal...

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BitGo Targets Nearly $2 Billion Valuation in US IPO Filing

BitGo has filed for a U.S. IPO aiming to raise up to $201 million. The offering targets a fully diluted valuation of up to $1.96 billion. Shares are set to list on the NYSE under ticker BTGO. Goldman Sachs and Citigroup lead the underwriting syndicate. The move follows a 2025 revenue surge and over $90 billion in assets under custody. Digital asset custody giant BitGo has officially filed for a U.S. initial public...

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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...

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Dogecoin Leads Meme Coin Surge as Sector Kicks Off 2026 with Strong Gains

Dogecoin up over 20% in the past week, trading around $0.15 amid high volume. PEPE surges 60-65%, leading gains among top meme tokens. Meme coin market cap climbs to $47 billion, up 30% since late December 2025. Shiba Inu and BONK post double-digit increases as risk appetite returns. Trading volumes spike, signaling potential ‘meme season’ revival. Meme coins have kicked off 2026 with significant momentum, outperforming the...

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