Tag: Blockchain
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FutureBit Explores Revolutionary Bitcoin Mining with Simulated Fruit Fly Brain, Claiming Tenfold Efficiency Over Advanced ASICs
In a significant departure from the conventional pursuit of specialized silicon chips for Bitcoin mining, hardware innovator FutureBit has unveiled a groundbreaking approach: utilizing a simulated fruit fly brain to execute mining calculations within a standard web browser. This audacious experiment, dubbed "HashFly," represents a nascent but potentially transformative step towards bio-inspired computing in the…
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Grayscale’s Zcash ETF Initiates 3-for-1 Forward Share Split to Enhance Retail Investor Accessibility
Grayscale Investments, a leading digital asset manager, has announced a 3-for-1 forward share split for its Grayscale Zcash Trust, which recently converted into the Zcash ETF (ticker: ZCSH). The strategic move, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, September 18, 2026, aims to significantly increase the accessibility of…
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U.S. Bank Pioneers Cross-Border Blockchain Settlements With Successful Live Pilot of Proprietary USBDC Stablecoin on Stellar Network
In a landmark move for the traditional banking sector, U.S. Bank has successfully executed a live pilot of its proprietary dollar-backed stablecoin, leveraging public blockchain technology to facilitate seamless cross-border fund transfers. The Minneapolis-based financial institution, currently ranked as the sixth-largest bank in the United States, utilized the Stellar network to conduct the transaction between…
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Bitcoin’s Recent Rallies Fuelled by Massive Short Squeezes, Not New Bullish Momentum
Bitcoin’s most significant and violent price surges during its protracted two-year drawdown have not been primarily powered by a fresh influx of bullish investment, but rather by the dramatic and forced unwinding of bearish positions. This pivotal insight comes from a comprehensive new report published by leading analytics firm Glassnode in collaboration with crypto exchange…
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Congressional Impasse on Crypto: Clarity Act Fails, Shifting Regulatory Power to Federal Agencies Amidst Deepening Political Divide
The past week in Washington D.C. has proven to be a watershed moment for cryptocurrency policy, marked by intense political maneuvering, the dramatic failure of a pivotal market structure bill, and a significant reorientation of regulatory efforts. For industry stakeholders and policy observers tracking the intricate dance between innovation and oversight, the events underscored a…
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RBI and SEBI Launch Demat 2.0 Pilot to Revolutionize Corporate Bond Markets Through Blockchain Tokenization and CBDC Settlement
The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have officially inaugurated Demat 2.0, a pioneering pilot program designed to transform the landscape of the Indian corporate bond market through the integration of blockchain technology and Central Bank Digital Currency (CBDC). Unveiled on September 10 at the prestigious Global…
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