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Tag: News

AMC CEO Adam Aron Tells Robinhood to Halt Stock Tokens, Gets Told to ‘Send Lawyers’

AMC Entertainment CEO Adam Aron launched a scathing attack on Robinhood’s newly surging stock tokens on Thursday evening, branding the crypto-based derivatives as “contemptible, outrageous, disgusting, detestable, inexcusable, and vile.” The theater chain executive followed up on Friday by officially asking the retail brokerage to “voluntarily CEASE AND DECIST the trading of AMC stock tokens,” noting that he had already consulted AMC’s outside...

Breaking, Cryptocurrencies, News

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Zcash Surges 45% in a Week to Reach Highest Price Level Since 2016

Privacy coin Zcash (ZEC) experienced a massive 45% weekly surge, pushing its market valuation to multi-year highs. The token hit price levels not recorded since 2016, mirroring a renewed wave of market interest in zero-knowledge cryptography and transaction confidentiality. Trading volumes expanded significantly across major centralized and decentralized exchanges as momentum picked up pace. Privacy-centric cryptocurrency Zcash (ZEC) rallied...

Breaking, Cryptocurrencies, News

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South Korea Sets February 2027 Target for Full Tokenized Securities Market

South Korea aims to launch a fully commercialized tokenized securities market by February 2027, according to regulatory timelines outlined by the Financial Services Commission. The initiative follows ongoing legislative efforts to amend the Electronic Securities Act and the Capital Markets Act to accommodate distributed ledger technology. Market participants are gearing up for institutional integration, aiming to bring fractional investments...

Breaking, Cryptocurrencies, News

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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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