The U.S. Securities and Exchange Commission has concluded its investigation into the Zcash Foundation without taking enforcement action.
In its Q1 2026 report, the foundation stated that the SEC completed the investigation and did not recommend any legal action.
The report also noted that internal management disagreements at Electric Coin Company led to the departure of much of the development team during the quarter. Despite this, the Zcash network continued producing blocks and processing transactions 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 Bitcoin
🟢 Around 506,600 USDC
🟢 A small amount of Ether
Average monthly operating expenses were estimated at roughly $272,500.
In its Q1 2026 report, the foundation stated that the SEC completed the investigation and did not recommend any legal action.
The report also noted that internal management disagreements at Electric Coin Company led to the departure of much of the development team during the quarter. Despite this, the Zcash network continued producing blocks and processing transactions 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 Bitcoin
🟢 Around 506,600 USDC
🟢 A small amount of Ether
Average monthly operating expenses were estimated at roughly $272,500.
BNB Smart Chain (BSC) tested a transition to post-quantum cryptography and concluded that it is already technically feasible — but at the cost of dramatically larger transaction and block sizes, which reduce network throughput.
BSC proposes replacing standard ECDSA transaction signatures with the post-quantum algorithm ML-DSA-44, the standardized National Institute of Standards and Technology (NIST) algorithm formerly known as Dilithium2.
The goal is to protect signatures against future quantum attacks, particularly Shor's algorithm, which could theoretically break elliptic-curve cryptography.
For consensus, BSC suggests replacing validator BLS signatures with pqSTARK aggregation, allowing validator signatures to be compressed into a single proof instead of storing them individually.
Main trade-offs:
🟢 A regular transaction was about 110 bytes
🟢 A post-quantum transaction grows to roughly 2.5 KB
🟢 At 2000 TPS, block size increases from around 130 KB to 2 MB
🟢 Network throughput drops by approximately 40–50% in testing
The experiment highlights the current scalability challenges of implementing quantum-resistant cryptography at blockchain scale.
BSC proposes replacing standard ECDSA transaction signatures with the post-quantum algorithm ML-DSA-44, the standardized National Institute of Standards and Technology (NIST) algorithm formerly known as Dilithium2.
The goal is to protect signatures against future quantum attacks, particularly Shor's algorithm, which could theoretically break elliptic-curve cryptography.
For consensus, BSC suggests replacing validator BLS signatures with pqSTARK aggregation, allowing validator signatures to be compressed into a single proof instead of storing them individually.
Main trade-offs:
🟢 A regular transaction was about 110 bytes
🟢 A post-quantum transaction grows to roughly 2.5 KB
🟢 At 2000 TPS, block size increases from around 130 KB to 2 MB
🟢 Network throughput drops by approximately 40–50% in testing
The experiment highlights the current scalability challenges of implementing quantum-resistant cryptography at blockchain scale.
📊 crypto prices:
BTC ≈$77,461
ETH ≈$2,136
SOL ≈$86.26
BNB ≈$648
XRP ≈$1.37
Market cap ≈$2.58T
Fear & Greed Index: 40 (“Neutral”)
Altseason Index: 36
BTC ≈$77,461
ETH ≈$2,136
SOL ≈$86.26
BNB ≈$648
XRP ≈$1.37
Market cap ≈$2.58T
Fear & Greed Index: 40 (“Neutral”)
Altseason Index: 36
An executive from the White House stated that an announcement regarding the creation of a strategic Bitcoin reserve is expected in the near future.
Over the past month, the supply of USDT has increased by $5 billion, while other stablecoins have collectively contracted.
Key dynamics:
Combined supply of USDC, USDe, and PYUSD fell by approximately $4.2 billion
Net stablecoin market expansion is only around +$0.9 billion
Market interpretation:
🟢 Liquidity inflows are heavily concentrated into USDT rather than broad-based stablecoin growth
🟢 USDe declined ~28% in a month and ~34% year-to-date, mainly due to lower funding rates in perpetual futures markets reducing yield attractiveness
🟢 PYUSD fell about 13% over the month
🟢 Some inflows were observed in USD1 and USDS, but not enough to offset broader declines
Overall, liquidity is not expanding evenly — it is consolidating into a single dominant stablecoin rather than indicating broad ecosystem expansion.
Key dynamics:
Combined supply of USDC, USDe, and PYUSD fell by approximately $4.2 billion
Net stablecoin market expansion is only around +$0.9 billion
Market interpretation:
🟢 Liquidity inflows are heavily concentrated into USDT rather than broad-based stablecoin growth
🟢 USDe declined ~28% in a month and ~34% year-to-date, mainly due to lower funding rates in perpetual futures markets reducing yield attractiveness
🟢 PYUSD fell about 13% over the month
🟢 Some inflows were observed in USD1 and USDS, but not enough to offset broader declines
Overall, liquidity is not expanding evenly — it is consolidating into a single dominant stablecoin rather than indicating broad ecosystem expansion.
Tether International has acquired a stake in SoftBank as part of strengthening its commitment to Twenty One Capital, founded by Jack Mallers.
The move is positioned as part of a broader strategy to reinforce capital backing for Bitcoin-native investment infrastructure and deepen ties with institutional partners in the crypto sector.
The move is positioned as part of a broader strategy to reinforce capital backing for Bitcoin-native investment infrastructure and deepen ties with institutional partners in the crypto sector.
"Parents’ Love", the 7th-largest funeral services company in South Korea, invested approximately 59.5 billion won (~$39.7 million) of client funds into two ETFs tracking shares of BitMine Immersion Technologies, a firm with an Ethereum treasury strategy.
The investment ultimately resulted in an unrealized loss of about 49.3 billion won (~$33 million).
The ETFs are linked to exposure in companies associated with Ethereum holdings, amplifying the volatility impact on the underlying portfolio.
The investment ultimately resulted in an unrealized loss of about 49.3 billion won (~$33 million).
The ETFs are linked to exposure in companies associated with Ethereum holdings, amplifying the volatility impact on the underlying portfolio.
According to research attributed to Binance Research, more than $75 billion in “dirty” crypto assets is currently stuck across blockchains.
These funds are associated with hacks, scams, sanctioned addresses, darknet activity, and other illicit sources.
🟢 These assets remain within blockchain ecosystems and cannot easily be converted into fiat currency
🟢 The transparency of blockchain networks means stolen or sanctioned funds are often traceable and difficult to “clean” or reuse
🟢 Despite the large absolute figure, illicit activity is estimated to account for less than 1% of total crypto transaction volume
The data highlights a paradox of blockchain systems: while illicit funds can accumulate on-chain, transparency simultaneously makes them harder to move undetected.
These funds are associated with hacks, scams, sanctioned addresses, darknet activity, and other illicit sources.
🟢 These assets remain within blockchain ecosystems and cannot easily be converted into fiat currency
🟢 The transparency of blockchain networks means stolen or sanctioned funds are often traceable and difficult to “clean” or reuse
🟢 Despite the large absolute figure, illicit activity is estimated to account for less than 1% of total crypto transaction volume
The data highlights a paradox of blockchain systems: while illicit funds can accumulate on-chain, transparency simultaneously makes them harder to move undetected.
📊 crypto prices:
BTC ≈$77,100
ETH ≈$2,119
SOL ≈$85.98
BNB ≈$648
XRP ≈$1.36
Market cap ≈$2.57T
Fear & Greed Index: 39 (“Fear”)
Altseason Index: 40
BTC ≈$77,100
ETH ≈$2,119
SOL ≈$85.98
BNB ≈$648
XRP ≈$1.36
Market cap ≈$2.57T
Fear & Greed Index: 39 (“Fear”)
Altseason Index: 40
SpaceX, founded by Elon Musk, reportedly holds 18,712 Bitcoin with an average acquisition price of around $35,300.
At current market prices, the holdings are valued at approximately $1.4 billion.
The company has also reportedly filed documents for an IPO and is aiming to list on the Nasdaq Composite with a target valuation of about $1.75 trillion.
At current market prices, the holdings are valued at approximately $1.4 billion.
The company has also reportedly filed documents for an IPO and is aiming to list on the Nasdaq Composite with a target valuation of about $1.75 trillion.
CryptoQuant believes Bitcoin may be repeating the bearish-market pattern seen in March 2022.
Key points from the analysis:
⏺️ Bitcoin failed to hold above its 200-day moving average near $82,400 and pulled back toward $76,000. CryptoQuant compares this to March 2022, when BTC also sharply rebounded from lows, hit the 200-day MA, and then continued declining.
⏺️ CryptoQuant head of research Julio Moreno argues that failure to reclaim the 200-day MA confirms the market’s bearish structure. In bear phases, this level often separates temporary relief rallies from true trend reversals.
⏺️ Bitcoin demand has entered a contraction phase. Speculative futures demand — which fueled the April–May rally — weakened sharply after BTC moved above $82,000, as leveraged traders began closing long positions. Spot demand also continued to decline.
⏺️ U.S. spot Bitcoin ETFs became net sellers. After previously accumulating up to 64,000 BTC over a 30-day period, funds reportedly sold around 4,000 BTC.
⏺️ The Coinbase Bitcoin Price Premium remained negative during both the rally and the correction, suggesting weak participation from U.S. institutional and retail investors. In sustained bull cycles, this indicator is typically positive.
⏺️ The CryptoQuant Bull Score Index dropped from 40 to 20 points — a zone associated with “extremely bearish” sentiment. Historically, such readings often preceded further declines or prolonged sideways consolidation.
⏺️ According to Moreno, key support lies near $70,000, roughly corresponding to the average on-chain purchase price. In past bear markets, this level acted as support or resistance. At those prices, traders have little unrealized profit left, potentially reducing selling pressure and helping stabilize the market.
Key points from the analysis:
⏺️ Bitcoin failed to hold above its 200-day moving average near $82,400 and pulled back toward $76,000. CryptoQuant compares this to March 2022, when BTC also sharply rebounded from lows, hit the 200-day MA, and then continued declining.
⏺️ CryptoQuant head of research Julio Moreno argues that failure to reclaim the 200-day MA confirms the market’s bearish structure. In bear phases, this level often separates temporary relief rallies from true trend reversals.
⏺️ Bitcoin demand has entered a contraction phase. Speculative futures demand — which fueled the April–May rally — weakened sharply after BTC moved above $82,000, as leveraged traders began closing long positions. Spot demand also continued to decline.
⏺️ U.S. spot Bitcoin ETFs became net sellers. After previously accumulating up to 64,000 BTC over a 30-day period, funds reportedly sold around 4,000 BTC.
⏺️ The Coinbase Bitcoin Price Premium remained negative during both the rally and the correction, suggesting weak participation from U.S. institutional and retail investors. In sustained bull cycles, this indicator is typically positive.
⏺️ The CryptoQuant Bull Score Index dropped from 40 to 20 points — a zone associated with “extremely bearish” sentiment. Historically, such readings often preceded further declines or prolonged sideways consolidation.
⏺️ According to Moreno, key support lies near $70,000, roughly corresponding to the average on-chain purchase price. In past bear markets, this level acted as support or resistance. At those prices, traders have little unrealized profit left, potentially reducing selling pressure and helping stabilize the market.
📈 The cumulative fee revenue generated by Hyperliquid is approaching $800 million.
According to data from Rand Group, this exceeds the fee revenue earned by major blockchain ecosystems such as:
Solana
TRON
Ethereum
The figures highlight the growing dominance of perpetual futures trading and on-chain derivatives activity within the crypto market.
According to data from Rand Group, this exceeds the fee revenue earned by major blockchain ecosystems such as:
Solana
TRON
Ethereum
The figures highlight the growing dominance of perpetual futures trading and on-chain derivatives activity within the crypto market.
📊 crypto prices:
BTC ≈$77,093
ETH ≈$2,124
SOL ≈$87.16
BNB ≈$662
XRP ≈$1.35
Market cap ≈$2.58T
Fear & Greed Index: 39 (“Fear”)
Altseason Index: 38
BTC ≈$77,093
ETH ≈$2,124
SOL ≈$87.16
BNB ≈$662
XRP ≈$1.35
Market cap ≈$2.58T
Fear & Greed Index: 39 (“Fear”)
Altseason Index: 38
Developers of Zcash are reportedly close to a major network upgrade that could significantly improve performance.
Key changes being tested in the new NU7 testnet:
🟢 Network throughput (TPS) is expected to nearly double.
🟢 Block production time could be reduced from 75 seconds to 25 seconds.
🟢 The NU7 testnet launched today to validate these improvements under real-world conditions.
If successfully implemented on the main network, the upgrade would make Zcash faster and more responsive while maintaining its privacy-focused architecture. Reduced block times would also improve transaction confirmation speed and overall user experience.
Key changes being tested in the new NU7 testnet:
🟢 Network throughput (TPS) is expected to nearly double.
🟢 Block production time could be reduced from 75 seconds to 25 seconds.
🟢 The NU7 testnet launched today to validate these improvements under real-world conditions.
If successfully implemented on the main network, the upgrade would make Zcash faster and more responsive while maintaining its privacy-focused architecture. Reduced block times would also improve transaction confirmation speed and overall user experience.
🍕 Bitcoin Pizza Day
Every year on May 22, the crypto community celebrates Bitcoin Pizza Day — one of the most iconic events in the history of Bitcoin.
Laszlo Hanyecz made history in 2010 by purchasing two pizzas from Papa John's for 10,000 BTC. It is widely regarded as the first known purchase of real-world goods using Bitcoin.
At the time, few could have imagined how significant Bitcoin would become. The recipient of the 10,000 BTC, Jeremy Sturdivant, reportedly spent the coins on everyday expenses and later sold his remaining BTC at prices around $400 per coin.
Today, those same 10,000 BTC would be worth approximately $774 million.
Each year, Bitcoin Pizza Day serves as a reminder of how far Bitcoin has come—from an experimental digital currency to a global financial asset.
Happy Bitcoin Pizza Day to everyone in the crypto community!
Every year on May 22, the crypto community celebrates Bitcoin Pizza Day — one of the most iconic events in the history of Bitcoin.
Laszlo Hanyecz made history in 2010 by purchasing two pizzas from Papa John's for 10,000 BTC. It is widely regarded as the first known purchase of real-world goods using Bitcoin.
At the time, few could have imagined how significant Bitcoin would become. The recipient of the 10,000 BTC, Jeremy Sturdivant, reportedly spent the coins on everyday expenses and later sold his remaining BTC at prices around $400 per coin.
Today, those same 10,000 BTC would be worth approximately $774 million.
Each year, Bitcoin Pizza Day serves as a reminder of how far Bitcoin has come—from an experimental digital currency to a global financial asset.
Happy Bitcoin Pizza Day to everyone in the crypto community!
The hacker behind the Verus–Ethereum bridge exploit has returned 4,052 ETH to the project's team address.
This represents roughly 75% of the stolen funds, valued at approximately $8.5 million at the time of return.
As part of what appears to be a negotiated white-hat settlement or bug bounty arrangement, the attacker retained 1,350 ETH (around $2.8 million) as a bounty reward.
Such agreements have become relatively common in DeFi, where protocols sometimes offer attackers a percentage of recovered funds in exchange for returning the majority of the assets and avoiding lengthy recovery efforts.
This represents roughly 75% of the stolen funds, valued at approximately $8.5 million at the time of return.
As part of what appears to be a negotiated white-hat settlement or bug bounty arrangement, the attacker retained 1,350 ETH (around $2.8 million) as a bounty reward.
Such agreements have become relatively common in DeFi, where protocols sometimes offer attackers a percentage of recovered funds in exchange for returning the majority of the assets and avoiding lengthy recovery efforts.
AmericanFortress has presented a patent-pending post-quantum signature scheme that it claims could protect existing crypto assets from future quantum-computer attacks without requiring a mass migration of funds to new addresses.
According to the company:
🟢 The protocol could protect dormant wallets, including addresses associated with Satoshi Nakamoto, which are estimated to hold about 1.1 million Bitcoin.
🟢 It could also cover nearly 5 million BTC held in other inactive addresses, representing hundreds of billions of dollars in value.
🟢 The approach is designed to be implemented through a backward-compatible soft fork rather than a disruptive network overhaul.
A key challenge is that many early Bitcoin addresses predate hierarchical deterministic wallet standards (pre-BIP32), meaning they lack seed phrases and modern key-derivation structures. These wallets cannot simply be upgraded automatically.
AmericanFortress proposes that vulnerable legacy funds could be temporarily protected or frozen until the community decides how to handle them in a post-quantum world—whether by allowing migration, burning coins, or adopting another consensus-driven solution.
The company also claims its design avoids the significant performance penalties seen in some other post-quantum blockchain experiments. For example, recent tests on BNB Smart Chain showed that quantum-resistant signatures could reduce throughput by 40–50% due to much larger transaction sizes.
⚠️ It's important to note that these are the company's claims. Any proposal affecting dormant Bitcoin holdings—especially wallets attributed to Satoshi—would likely require extensive review and broad consensus from the Bitcoin community before implementation.
According to the company:
🟢 The protocol could protect dormant wallets, including addresses associated with Satoshi Nakamoto, which are estimated to hold about 1.1 million Bitcoin.
🟢 It could also cover nearly 5 million BTC held in other inactive addresses, representing hundreds of billions of dollars in value.
🟢 The approach is designed to be implemented through a backward-compatible soft fork rather than a disruptive network overhaul.
A key challenge is that many early Bitcoin addresses predate hierarchical deterministic wallet standards (pre-BIP32), meaning they lack seed phrases and modern key-derivation structures. These wallets cannot simply be upgraded automatically.
AmericanFortress proposes that vulnerable legacy funds could be temporarily protected or frozen until the community decides how to handle them in a post-quantum world—whether by allowing migration, burning coins, or adopting another consensus-driven solution.
The company also claims its design avoids the significant performance penalties seen in some other post-quantum blockchain experiments. For example, recent tests on BNB Smart Chain showed that quantum-resistant signatures could reduce throughput by 40–50% due to much larger transaction sizes.
⚠️ It's important to note that these are the company's claims. Any proposal affecting dormant Bitcoin holdings—especially wallets attributed to Satoshi—would likely require extensive review and broad consensus from the Bitcoin community before implementation.
📊 crypto prices:
BTC ≈$75,500
ETH ≈$2,062
SOL ≈$84.12
BNB ≈$646
XRP ≈$1.33
Market cap ≈$2.52T
Fear & Greed Index: 35 (“Fear”)
Altseason Index: 38
BTC ≈$75,500
ETH ≈$2,062
SOL ≈$84.12
BNB ≈$646
XRP ≈$1.33
Market cap ≈$2.52T
Fear & Greed Index: 35 (“Fear”)
Altseason Index: 38
📊 crypto prices:
BTC ≈$76,604
ETH ≈$2,100
SOL ≈$85.54
BNB ≈$655
XRP ≈$1.35
Market cap ≈$2.56T
Fear & Greed Index: 38 (“Fear”)
Altseason Index: 38
BTC ≈$76,604
ETH ≈$2,100
SOL ≈$85.54
BNB ≈$655
XRP ≈$1.35
Market cap ≈$2.56T
Fear & Greed Index: 38 (“Fear”)
Altseason Index: 38
Strategy reportedly focused on buying bonds this week instead of accumulating Bitcoin.
⚠️ France is responsible for 70% of global “wrench attacks”
This refers to cases where people are physically forced to hand over access to their crypto.
In the country, 41 kidnappings were recorded in the first three and a half months of 2026 — averaging about one every 2.5 days. This is linked to KYC data leaks.
This refers to cases where people are physically forced to hand over access to their crypto.
In the country, 41 kidnappings were recorded in the first three and a half months of 2026 — averaging about one every 2.5 days. This is linked to KYC data leaks.