Author: James Wilson

Zcash price shot up over 21% today, extending its gains over the past week to over 60% as privacy coins see renewed demand from investors. Summary Zcash surged over 20% to a three-month high as strong retail demand and rising futures open interest fueled momentum. Growth in shielded liquidity pools, now holding over 60% of supply, alongside a broader rally in privacy coins like Monero, boosted investor interest. A breakout from a descending triangle and bullish indicators signal further upside potential, with key resistance near $419 and support at $332. According to data from crypto.news, Zcash (ZEC) price rose nearly…

Coinbase Asset Management and MarketVector’s COINSOV index uses inverse volatility weights to blend Bitcoin and gold, targeting better risk‑adjusted ‘store‑of‑value’ returns than static mixes. Summary COINSOV dynamically tilts between Bitcoin and gold each quarter based on realized volatility, aiming to capture Bitcoin’s upside while keeping drawdowns closer to gold. MarketVector’s backtests from 2017–2025 show the index beating simple Bitcoin‑gold splits and several benchmarks on a risk‑adjusted basis, with smaller maximum drawdowns than a 50/50 mix. The index holds Bitcoin and Pax Gold (PAXG), letting institutions track the blend onchain while tapping existing crypto and commodity infrastructure. Coinbase Asset Management and…

Animoca‑backed Anchorpoint is preparing to launch HKDAP, a regulated Hong Kong dollar stablecoin, as part of Hong Kong’s push to make bank‑grade fiat tokens core financial infrastructure. Summary Anchorpoint, backed by Standard Chartered, HKT and Animoca Brands, will begin a phased rollout of HKDAP (HKD At Par) in Q2 2026 after securing a Hong Kong Monetary Authority (HKMA) stablecoin issuer licence. HKDAP will be backed 1:1 by high‑quality HKD assets under Hong Kong’s new Stablecoins Ordinance, which took effect in 2025 and sets strict rules for fiat‑referenced tokens. Animoca president Evan Auyang calls a properly governed HKD stablecoin “crucial for…

Simplechain raises $15m to build an RWA‑first layer 1 and dataipo protocol, extending ex‑jd.com and ant group execs’ push into compliant asset tokenization. Summary SimpleChain closed a $15 million seed round to build an RWA‑focused Layer 1 blockchain. The core team includes former executives from Shuqin Technology, JD.com, and Ant Group, extending prior compliant fintech work. The project is also developing the DataIPO protocol to support on‑chain real‑world asset issuance and trading. Real‑world asset (RWA) startup SimpleChain has raised $15 million in seed funding to build a dedicated Layer 1 blockchain aimed at tokenizing assets such as credit, energy infrastructure…

ECB backs shifting supervision of systemic crypto firms and venues from national regulators to esma as part of a wider eu capital markets integration push. Summary ECB supports putting systemic crypto providers and key trading venues under ESMA. Move is part of the EU’s broader push to integrate capital markets and strengthen supervision. Proposed law could take months to negotiate, with ESMA needing more staff and funding for the new remit. The European Central Bank (ECB) has endorsed an EU plan to shift supervision of systemically important crypto asset service providers, major trading venues, and central counterparties away from national…

Solana‑based Drift Protocol’s $270m exploit has become a live test of how Circle, DeFi builders and lawmakers share responsibility when stablecoins sit at the center of a hack. Summary Drift Protocol lost roughly $270 million in a governance exploit, one of 2026’s largest DeFi hacks. Circle’s Dante Disparte said USDC freezes only occur under legal orders, rejecting calls for unilateral intervention. Disparte urged lawmakers to fast‑track the GENIUS Act and CLARITY Act and pushed DeFi to adopt on‑chain “circuit breaker” controls. Circle’s chief strategy officer Dante Disparte has responded to the roughly $270 million exploit on Solana‑based Drift Protocol by…

The US Treasury secretary, Scott Bessent, has reportedly met with major American bank leaders this week as officials assessed potential cyber threats that Anthropic’s latest artificial intelligence system poses. Summary Scott Bessent convened major U.S. bank CEOs to assess cybersecurity risks linked to Anthropic’s Claude Mythos AI model following a code leak. The model reportedly uncovered thousands of long-standing software vulnerabilities, raising concerns over misuse by hackers and threats to financial stability. Anthropic’s revenue surpassed $30 billion annualized, driven by enterprise demand, major compute deals with Google and Broadcom, and the growth of its Claude Code platform. According to reports,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. April surge in crypto presales sees multiple projects compete for early investor capital. Summary April 2026 sees surge in crypto presales, with BlockchainFX leading as funding nears $15 million BlockchainFX has attracted more than 22,000 investors, offering multi-asset trading app and nearing presale close The project’s final presale phase boosts demand as bonuses and pricing incentives drive last-minute investor interest April has turned into one of the most active months for early-stage crypto in recent memory. Mutuum Finance, IONIX…

Bittensor price crashed over 25% within hours after Covenant AI, one of the largest and most active subnets on Bittensor, recently exited the network over centralization concerns.  Summary Bittensor (TAO) plunged 25.6% from $340 to $253 after Covenant AI exited the network, triggering nearly $9 million in long liquidations. Covenant AI founder Sam Dare accused Jacob Steeves of centralization, alleging emission cuts and unilateral control over subnet operations. Technical breakdown below key support levels signals further downside risk, with price eyeing $236 and potentially $175 if selling pressure continues. According to data from crypto.news, Bittensor (TAO) price fell 25.6% from…

Alibaba Group’s latest AI video model has moved to the top of a global benchmark. The result highlights the growing competitiveness of Chinese firms in tools used for advertising, content creation, and entertainment. Summary Alibaba Group’s HappyHorse-1.0 topped global AI video benchmarks shortly after its anonymous debut on Artificial Analysis. The model was later confirmed as part of Alibaba’s ATH AI Innovation Unit, driving gains in its Hong Kong-listed shares. Rival setbacks from OpenAI and ByteDance have opened room for Alibaba to strengthen its position in video generation. The model, called HappyHorse-1.0, first appeared on the benchmarking platform Artificial Analysis…