πΊπΈπ΅οΈ SEC Ends Zcash Foundation Probe With No Action
The Zcash Foundation announced in its Q1 2026 report that the U.S. SEC has closed its investigation without recommending enforcement action. Despite governance disputes at Electric Coin Company leading to the departure of most of its development team, the Zcash network continued to function normally, with no impact on user funds or privacy. As of March 31, the foundation reported approximately $36.7 million in liquid assets, including 85,412 ZEC, 41.8 BTC, ~506,600 USDC, and a small amount of ETH, with average monthly operating expenses around $272,500. #regulation
The Zcash Foundation announced in its Q1 2026 report that the U.S. SEC has closed its investigation without recommending enforcement action. Despite governance disputes at Electric Coin Company leading to the departure of most of its development team, the Zcash network continued to function normally, with no impact on user funds or privacy. As of March 31, the foundation reported approximately $36.7 million in liquid assets, including 85,412 ZEC, 41.8 BTC, ~506,600 USDC, and a small amount of ETH, with average monthly operating expenses around $272,500. #regulation
π President Trump says the rise in gas prices is "peanuts" and "very temporary."
π£ JPMorgan: ETH Has Lagged BTC on Price and Institutional Flows Since Oct. 2025
JPMorgan stated that ETH and the broader altcoin market may find it challenging to catch up with BTC without a significant rebound in network activity, DeFi adoption, and real-world use cases. Analysts led by Nikolaos Panigirtzoglou observed that since October 2025 deleveraging, ETH has underperformed BTC in both price and institutional flows, with spot BTC ETFs recovering about two-thirds of prior outflows compared to roughly one-third for spot ETH ETFs.
JPMorgan stated that ETH and the broader altcoin market may find it challenging to catch up with BTC without a significant rebound in network activity, DeFi adoption, and real-world use cases. Analysts led by Nikolaos Panigirtzoglou observed that since October 2025 deleveraging, ETH has underperformed BTC in both price and institutional flows, with spot BTC ETFs recovering about two-thirds of prior outflows compared to roughly one-third for spot ETH ETFs.
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π£ $200 billion VanEckβs Matthew Sigel said, "The digital credit market could scale to $2.5 trillion in the next decade as Bitcoin heads toward $1 million."
"I think thatβs definitely within reach."
"I think thatβs definitely within reach."
π€ Zerohash Seeks New Funding at Over $1.5 Billion Valuation After Mastercard Drops Investment Plans
Crypto infrastructure firm Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned plans to invest in the company following its $1.8 billion acquisition of stablecoin infrastructure provider BVNK. Zerohash was previously valued at $1 billion after completing a $104 million Series D-2 round in September 2025, led by Interactive Brokers. #stablecoin
Crypto infrastructure firm Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned plans to invest in the company following its $1.8 billion acquisition of stablecoin infrastructure provider BVNK. Zerohash was previously valued at $1 billion after completing a $104 million Series D-2 round in September 2025, led by Interactive Brokers. #stablecoin
πΊπΈπ£ US Senator Lummis says China and Europe are competing with the US to lead in crypto.
π Top 5 News for 24 Hour:
1. Andrej Karpathy joins Anthropic for AI development. β
π 197 | β€οΈ 0 | π 4
2. VanEck predicts $2.5 trillion digital credit market. β
π 158 | β€οΈ 0 | π 4
3. Institutions shifting from ETFs to spot OTC, on-chain data shows. β
π 203 | β€οΈ 1 | π 3
4. New Jersey retirement fund buys Bitcoin shares. β
π 196 | β€οΈ 1 | π 3
5. SEC closes Zcash Foundation probe without action. β
π 253 | β€οΈ 0 | π 2
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1. Andrej Karpathy joins Anthropic for AI development. β
π 197 | β€οΈ 0 | π 4
2. VanEck predicts $2.5 trillion digital credit market. β
π 158 | β€οΈ 0 | π 4
3. Institutions shifting from ETFs to spot OTC, on-chain data shows. β
π 203 | β€οΈ 1 | π 3
4. New Jersey retirement fund buys Bitcoin shares. β
π 196 | β€οΈ 1 | π 3
5. SEC closes Zcash Foundation probe without action. β
π 253 | β€οΈ 0 | π 2
| |
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π‘οΈ Anthony Pompliano stated that the compound annual growth rate of Bitcoin over the last decade is 70%, emphasizing that it has outperformed every asset. He noted that people seek certainty and are drawn to assets like Bitcoin, which are non-sovereign, finite, and can be audited by anyone globally.
π CZ: All of Us Should Have Thousands of AI Agents
On May 12, 2026, Binance founder CZ stated on the PBD Podcast that currency won't just be for humans anymoreβAI agents are coming, and everyone should have thousands working for them. He noted that future user metrics will likely need to combine both humans and AI agents.
CZ also shared that Binance currently pays around $10 million per month in AI fees. He has encouraged the team to deploy AI further into risk monitoring, risk control, and compliance, but believes current AI models still lack the sufficient training and data required for these specific sectors. #regulation
On May 12, 2026, Binance founder CZ stated on the PBD Podcast that currency won't just be for humans anymoreβAI agents are coming, and everyone should have thousands working for them. He noted that future user metrics will likely need to combine both humans and AI agents.
CZ also shared that Binance currently pays around $10 million per month in AI fees. He has encouraged the team to deploy AI further into risk monitoring, risk control, and compliance, but believes current AI models still lack the sufficient training and data required for these specific sectors. #regulation
π€ Vitalik Buterin: L2s Afraid to Fully Decentralize Should Just Be Centralized Servers
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video that many Layer 2 projects claiming to build on-chain retain instant backdoors or fall short of their claimed decentralization stages.
He believes that from a practical standpoint, this architecture is not much better than a traditional centralized server. If developers are afraid to make their projects truly decentralized, the most straightforward approach is to simply build a centralized server.
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video that many Layer 2 projects claiming to build on-chain retain instant backdoors or fall short of their claimed decentralization stages.
He believes that from a practical standpoint, this architecture is not much better than a traditional centralized server. If developers are afraid to make their projects truly decentralized, the most straightforward approach is to simply build a centralized server.