hodler

9 Jun 2026, 09:10

Zcash Sets July Deadline for Ironwood Upgrade to Patch Critical Minting Flaw

BitcoinWorld Zcash Sets July Deadline for Ironwood Upgrade to Patch Critical Minting Flaw Zcash (ZEC) developers have formally agreed to deploy a network upgrade named “Ironwood” to address a critical vulnerability discovered in the protocol’s Orchard shielded pool. The flaw, if exploited, could allow an attacker to mint an unlimited number of ZEC tokens, undermining the cryptocurrency’s supply cap and user trust. Timeline and Scope of the Ironwood Upgrade The Zcash Open Development Lab (ZODL), the primary development team behind the privacy-focused cryptocurrency, is targeting activation of the new shielded pool by the end of July. According to details first reported by The Block, the upgrade will close the existing Orchard pool to new deposits once Ironwood goes live. Users holding funds in the current Orchard pool will need to migrate their assets to the new pool to maintain full functionality and security. The decision to move swiftly reflects the severity of the bug. While no public reports of exploitation have been confirmed, the potential for infinite minting represents a fundamental economic threat to Zcash’s fixed supply of 21 million coins, a feature shared with Bitcoin. Technical Background: The Orchard Pool Vulnerability The Orchard pool, introduced in the NU5 upgrade in May 2022, is Zcash’s most advanced shielded transaction system. It uses Halo 2, a zero-knowledge proving system that eliminates the need for a trusted setup. The flaw reportedly lies in the pool’s note commitment logic, which could allow a malicious actor to create counterfeit notes that the network would accept as legitimate. This type of vulnerability is particularly dangerous for privacy coins like Zcash, where transaction data is encrypted. Detecting abnormal minting activity in shielded pools is far more difficult than on transparent blockchains, making swift patching essential. Implications for ZEC Holders and the Broader Market For current ZEC holders, the Ironwood upgrade is a positive signal of the development team’s responsiveness. However, the event also introduces short-term uncertainty. Users must be prepared to move funds out of the old Orchard pool, and exchanges may temporarily suspend ZEC deposits and withdrawals around the upgrade date. From a market perspective, the disclosure of a critical minting bug could temporarily weigh on ZEC’s price, as such news often triggers selling pressure. However, a successful, timely fix could reinforce confidence in Zcash’s long-term security and development discipline. Conclusion The Ironwood upgrade represents a critical security milestone for Zcash. By acting quickly to close the vulnerable Orchard pool and deploy a replacement, the Zcash development community is prioritizing network integrity. ZEC holders should monitor official channels for specific migration instructions and block heights as the late-July target approaches. FAQs Q1: What is the Ironwood upgrade? Ironwood is a network upgrade for Zcash that will replace the current Orchard shielded pool with a new one, fixing a vulnerability that could allow unlimited ZEC minting. Q2: When will the Ironwood upgrade happen? Developers are targeting activation by the end of July. A specific block height or date will be announced closer to the upgrade. Q3: Do ZEC holders need to do anything? Yes. Users with funds in the current Orchard pool will need to move them to the new pool after the upgrade to ensure their coins remain accessible and secure. This post Zcash Sets July Deadline for Ironwood Upgrade to Patch Critical Minting Flaw first appeared on BitcoinWorld .

9 Jun 2026, 09:05

Binance to Remove Seven Spot Trading Pairs, Including ADA/BNB, on June 12

BitcoinWorld Binance to Remove Seven Spot Trading Pairs, Including ADA/BNB, on June 12 Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the upcoming removal of seven spot trading pairs from its platform. The delisting is scheduled to take effect at 3:00 a.m. UTC on June 12. Among the affected pairs is ADA/BNB, which pairs Cardano’s native token with Binance’s exchange token. Full List of Delisted Trading Pairs The following seven spot trading pairs will be removed from Binance on June 12: ADA/BNB DUSK/BTC EGLD/ETH ENSO/BNB LSK/USDC NIGHT/BNB S/BNB Binance has not provided specific reasons for each delisting, but such actions typically stem from low trading volume, poor liquidity, or ongoing compliance reviews. The exchange periodically reviews all listed pairs to maintain a healthy and efficient trading environment. What This Means for Traders Traders holding positions in any of the above pairs should close or adjust their orders before the deadline. After the delisting, open orders will be automatically removed, and the pairs will no longer be available for trading on Binance’s spot market. However, the underlying assets themselves may still be tradable against other pairs, such as ADA/USDT or ADA/BTC, depending on availability. Impact on Cardano (ADA) and Other Tokens The removal of ADA/BNB does not affect Cardano’s overall listing status on Binance. ADA remains available for trading against major stablecoins and other cryptocurrencies. Similarly, tokens like Dusk (DUSK), Elrond (EGLD), and Lisk (LSK) will continue to be supported through alternative trading pairs. The delisting primarily reflects Binance’s strategy to streamline its offering and reduce market fragmentation. Binance’s Ongoing Listing and Delisting Practices Binance conducts regular reviews of its listed assets and trading pairs. The exchange has previously stated that delisting decisions are based on factors such as trading volume, liquidity, network stability, security, and compliance with evolving regulatory standards. This latest round of removals is consistent with Binance’s historical approach to maintaining a curated trading environment. Conclusion The delisting of these seven spot trading pairs is a routine operational update from Binance. While it may cause short-term adjustments for some traders, the broader impact on the affected tokens is expected to be minimal, as alternative trading pairs remain available. Users are advised to review their open orders before the June 12 deadline to avoid automatic cancellation. FAQs Q1: Will I lose my tokens if a trading pair is delisted? No. Your tokens remain in your Binance wallet. Only the specific trading pair is removed. You can still trade the token through other available pairs or withdraw it to an external wallet. Q2: Can I still trade ADA after the ADA/BNB pair is removed? Yes. ADA remains tradable on Binance against other pairs such as ADA/USDT, ADA/BTC, and ADA/ETH, among others. Q3: Why does Binance delist trading pairs? Binance delists pairs due to low trading volume, insufficient liquidity, regulatory concerns, or as part of routine platform optimization to ensure a better user experience. This post Binance to Remove Seven Spot Trading Pairs, Including ADA/BNB, on June 12 first appeared on BitcoinWorld .

9 Jun 2026, 09:03

Russia Takes Aim at Pro-Western Crypto With New Fees and Limits

Russia Deputy Finance Minister Ivan Chebeskov disclosed on June 9, on the sidelines of the St. Petersburg International Economic Forum ( SPIEF 2026 ), that Moscow is preparing fees, trading limits, and technical safeguards specifically targeting so-called unfriendly crypto assets, naming USDT, USDC, and BNB by name. Freedom Global analyst Vladimir Chernov estimates those fees at 0.5–2% per transaction for broadly classified unfriendly assets, rising to as much as 3% per transaction for dollar-pegged stablecoins. The stated rationale is investor protection, but the assets singled out share a common feature: their issuers, Tether, Circle, and Binance, are Western-linked entities that have previously frozen wallets tied to sanctioned addresses, and that is precisely the geopolitical problem Russia is trying to price into its new regulatory architecture. #KCEXpressDaily Russia’s Central Bank First Deputy Governor Vladimir Chistyukhin confirmed: From July 1, 2026, non-qualified retail investors can only trade $BTC , $ETH , and $USDT under the new Digital Currency and Digital Rights Law. Other assets are unavailable to ordinary… pic.twitter.com/NNOD32dEov — KCEX (@KCEX_Official) June 9, 2026 Chebeskov’s framing was explicit. ‘These could include both technical protection measures and various economic incentives, commissions or recommendations, that would encourage citizens to own other assets,’ he told Izvestia. That sentence is doing more than describing a fee schedule; it is signaling a preferred direction of capital flow away from dollar-pegged instruments and toward ruble-based or BRICS-aligned alternatives. Discover: The Best Crypto to Diversify Your Portfolio Russia Crypto Regulation Bill: Where the State Duma Bill Actually Stands The measures Chebeskov outlined are not yet law. They are being negotiated ahead of the second reading of the State Duma bill formally titled ‘On Digital Currency and Digital Rights,’ which passed its first reading 327–13 on April 21, 2026. That first reading established the framework’s skeleton: five license categories for crypto operators, sweeping supervisory authority for the Bank of Russia , a continuing ban on domestic crypto payments, and an explicit carve-out permitting cross-border crypto settlements, the latter being the mechanism Russia has been using to route trade around sanctions. Bitcoin (BTC) 24h 7d 30d 1y All time The second reading is where the specifics get settled, and it is shaping up as the most contested phase. Duma Financial Markets Committee Chairman Anatoly Aksakov has flagged the crypto-market bill as one of two primary legislative priorities, alongside the ‘Antifraud 2.0’ package, with a target of completing the main framework by July 1, 2026 and enforcement rules operational by July 1, 2027. The Russia crypto regulation debate is concentrated in that second reading, and the fee structure for unfriendly assets sits at its center. The term ‘unfriendly’ carries legal weight in Russia: it maps directly to the government’s official list of countries that imposed sanctions following the 2022 invasion of Ukraine, a list that includes the United States, EU member states, and the United Kingdom. Crypto assets issued or controlled by entities in those jurisdictions inherit that classification – which is why USDT (Tether, British Virgin Islands), USDC (Circle, US), and BNB (Binance, with deep US regulatory exposure) are the three assets most prominently in the crosshairs. Discover: The Best Token Presales The post Russia Takes Aim at Pro-Western Crypto With New Fees and Limits appeared first on Cryptonews .

9 Jun 2026, 09:02

Expert to XRP Holders: Pay Attention to Japan. Here’s why

Crypto commentator Chad Sartin is urging investors to closely monitor developments in Japan, claiming that the country’s monetary policy could have significant implications for global financial markets and for assets such as XRP. In a recent post accompanied by a video, Sartin challenged claims by some market influencers that a reverse carry trade is already underway. According to him, those conclusions misunderstand how the process actually unfolds. Sartin’s message focused on Japan’s gradual move away from the ultra-low-interest-rate environment that has defined its economy for decades. While Japan’s benchmark rate remains relatively low at around 0.75%, he argued that the shift itself is more important than the current number. In his view, the move should be interpreted as an early warning sign rather than evidence of an immediate market event. pay attention to Japan #xrp #crypto #xrpupdate #xrparmy #japan #cryptocommunity #viralvídeo #ripple #xrpcommunity #100kviews #war pic.twitter.com/set03MzCpV — Chad Sartin XRP (@ChadSartinih) June 7, 2026 The Carry Trade Has Not Collapsed Yet In the video, Sartin explained that investors have borrowed money from Japan for years because financing costs were extremely cheap. Those borrowed funds, he said, found their way into a wide range of assets, including stocks, real estate, and cryptocurrencies. The strategy relied on taking advantage of the difference between Japan’s low borrowing costs and higher returns available elsewhere. According to Sartin, the recent policy adjustments in Japan are beginning to reduce that advantage. As interest rates rise, even gradually, the spread that made the carry trade attractive becomes smaller. He emphasized that this does not mean the trade suddenly collapses. Instead, he described the process as a slow tightening that steadily increases pressure throughout the financial system. Sartin argued that many market participants overlook this stage because it develops quietly. He believes the current environment represents a buildup period rather than the final phase that attracts widespread attention. Understanding the Reverse Carry Trade A major point of Sartin’s commentary was distinguishing the current situation from what he considers a true reverse carry trade event. He stated that the real reversal occurs when the Japanese yen strengthens rapidly, forcing investors to pull liquidity and unwind positions simultaneously. When that happens, he said, markets can experience sharp repricing as investors rush to adjust their exposures. Assets that benefited from years of easy liquidity may suddenly face significant pressure as capital flows reverse direction. Sartin stressed that these shifts often happen quickly after a long period of gradual change. He noted that global capital movements tend to be subtle during the buildup phase but can become aggressive once conditions reach a tipping point. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Warning for Market Participants Sartin concluded by describing the current market environment as a “pressure chamber” phase, where experienced investors are closely watching Japan’s decisions and adjusting their strategies accordingly. He suggested that the smartest market participants are already preparing for potential changes in liquidity conditions rather than waiting for dramatic headlines. His central message was straightforward: investors who ignore Japan’s monetary policy developments may be caught off guard if broader market conditions change. While he does not believe a full reverse carry trade has arrived yet, he argues that the foundation for such an event is gradually being built, making Japan one of the most important countries for market watchers to follow in the months ahead. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert to XRP Holders: Pay Attention to Japan. Here’s why appeared first on Times Tabloid .

9 Jun 2026, 09:00

Ethereum price prediction: Why ETH’s $1.5K support will favor short sellers

Can BMNR’s aggressive ETH accumulation prevent a deeper decline below key support?

9 Jun 2026, 09:00

Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying

Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity to accumulate rather than a reason to exit. The remarks came during a discussion about whether Bitcoin’s decline toward the $59,000 area could hold as support, with CNBC’s Joe Kernen noting concerns that a deeper break could open the door to a much larger move lower. D’Agostino declined to make a direct price call, saying he does not want to offer investment advice, but pointed to the behavior of long-term allocators he speaks with through Coinbase’s institutional business. “What I can tell you is I have the luxury of speaking to institutional investors. They’ve put months and years into looking at this asset class. So when they do that and it’s cheaper, they like it,” D’Agostino said. He added that some investors have defined price targets, while others are focused on long-term accumulation. According to D’Agostino, recent conversations in the Middle East suggest that major buyers are comfortable with the decline. Related Reading: Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet “I just got off a plane from the Middle East. And I can tell you that the family offices in the UAE and the government and sovereign funds that I’m putting the effort into buying this asset class are not unhappy at being able to buy it at a discount.” Coinbase Exec Points To Stronger Bitcoin Infrastructure D’Agostino’s core argument was not that Bitcoin’s price had necessarily found a floor, but that the institutional market around the asset is materially stronger than in prior drawdowns. He said Coinbase is seeing the “institutional piping” that supports Bitcoin and other crypto assets continue to develop through both bullish and bearish market environments. Compared with previous CNBC appearances during stronger price conditions, he said the market now has a “shockingly stronger level of infrastructure.” That infrastructure, he argued, is what many institutional investors are focused on when assessing whether Bitcoin is becoming a more durable long-term allocation. He also pointed to spot ETFs as evidence that retail and institutional demand has not collapsed alongside price. D’Agostino said there is still roughly $100 billion of Bitcoin ETF exposure, describing the products as “very, very new.” Despite Bitcoin being down almost 50% from its peak, he said retail interest has seen only about a 15% drawdown. “So I think both retail and institutional are signaling this is a long term asset you want to hold,” he said. Macro Pressure, Leverage And Market Structure Asked to explain the selloff, D’Agostino said Kernen had identified the main consensus factors: risk-off positioning, investors selling liquid assets to fund other opportunities, higher-for-longer interest rates, weaker support for the debasement trade and uncertainty around regulatory clarity. He did not frame those pressures as irrelevant, but argued that volatility is a feature of long-duration commodity-like assets. Related Reading: Bitcoin Crash To $30,000? China Mining Giant Says Strategy Can Survive “Volatility is a funny thing, right? If I told you a year ago, we’d be 100 days into a war with Iran with the Strait of Hormuz being closed and no clear sight of line to it being open. Would you think that crude would still be trading under 100 bucks a barrel?” D’Agostino said. He said his background leads him to think of Bitcoin as a commodity-style asset, where volatility can come and go while long-term demand remains intact. He also pointed to pending policy work in Washington, saying that market structure and tax reform may be unexciting topics but could be important for institutional adoption. “We have seven bills circulating that will do great things for the institutional piping that supports Bitcoin and other crypto assets,” he said. On leverage, D’Agostino said he is not aware of any large institutional Bitcoin holders that are “horrifically over levered” at levels close enough to create a specific forced-selling threshold. He contrasted that with retail traders on offshore exchanges, where extreme leverage can result in rapid liquidations during liquidity shocks. “For some of the larger entities that hold Bitcoin with leverage, they seem to have an endless ability to go into the market and bring in more capital to support their buying activities,” he said. D’Agostino closed by saying he is not seeing institutional panic. Instead, he said large allocators are evaluating the cheapest ways to raise new capital and increase exposure to an asset they “loved at $125k,” “liked at $100k” and “love even more at $65k.” At press time, BTC traded at $63,345. Featured image created with DALL.E, chart from TradingView.com