FalconX asks SEC to bring single-stock perpetuals from DeFi under swap rules
FalconX Bravo wants US regulators to treat cash-settled perpetuals tied to a single security or a narrow-based security index as security-based swaps under SEC rules when they fall outside the joint SEC-CFTC security-futures framework. The filing…
Datavault hits Nasdaq deadline 68% below $1 as extension or delisting decision looms
Datavault AI reaches its Nasdaq minimum bid-price deadline on Aug. 24, with DVLT 68% below the exchange’s $1 threshold and no disclosed decision on whether the company will receive more time or a delisting notice. DVLT’s last sale was $0.3186…
Users warned to pull funds immediately as EU sanctions force crypto platform into withdrawal-only mode
NoOnes has entered withdrawal-only mode weeks after telling users that an EU sanctions listing named a separate company and did not affect the platform or its operator. The crypto platform strongly recommended that customers remove their full balances no…
Grayscale’s Zcash ETF filing proposes a 2.5% fee and a potential 34% DCG stake
Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive about 34% of the fund. If effective, the Aug. 21 SEC amendment would rename the existing trust “The Zcash ETF” and list it…
Everyday crypto users face monthly tax bills on total asset value if covered brokers fail to collect under new Illinois rules
Illinois’s 0.2% digital asset tax, scheduled to start Jan. 1, 2027, now faces another industry complaint as brokers prepare for a levy tied to the value of customer assets rather than their gains or service fees. Blockchain Association and the Crypto…
Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power
Hazync’s developer reports that a 1.7 MB standalone verifier checked a 226,434-byte cryptographic receipt covering the first 1,789 blocks of Bitcoin in 27 milliseconds. The Aug. 15 disclosure limits that result to an early stretch of…
Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was…
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of carrying administrative powers that allow privileged operators to move funds from frozen wallets without holder consent. On…
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26 million of…
Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
Fortitude Mining, Digital Currency Group’s Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The…