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πΊπΈ US DROPS $250 CRYPTO TRANSFER RULE
The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250.
β The $3,000 threshold stays in place — including for crypto transfers.
π The withdrawal takes effect when published in the Federal Register on Nov 9, 2026.
π No further action on the 2020 proposal — any future change needs a fresh round of public comment.
A win for crypto privacy and lighter compliance for exchanges and users.
#Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck
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Zcash's landmark NU7 upgrade is LIVE! Block times cut from 75 seconds to just 25 — private payments now confirm 3x faster.
The upgrade activated at block 3,543,405 today: block subsidy cut by two-thirds, 60% of transaction fees now flow into a new Network Sustainability Mechanism, and the original Sprout privacy pool is retired — leaving around 12,224 ZEC (about $16M) unspendable. ZEC traded around $1,250–$1,300, holding firm while the wider crypto market sold off.
#Zcash #ZEC #NU7 #Crypto #Privacy #Blockchain #CryptoNews #Zimbuck206 Views -
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π¨ BREAKING: The Binance hackers still hold $3.35 BILLION of the stolen crypto, Elliptic's November 5 update reveals.
Key facts:
π° $3.35B remains in attacker-linked wallets, mostly ETH and BTC — up from $3.21B a day earlier
π§ $2.85B of the $6.43B haul has been frozen or seized
βΏ About 900 BTC (~$72M) now sits in new bitcoin addresses — nearly double the figure a day earlier
π Around 12,200 ETH ($29M) was moved through THORChain into bitcoin by Nov 4
π Privacy Cash paused deposits on Nov 4 after ~$1.2M of the loot hit its privacy pools; withdrawals stay open
π΅οΈ The FBI has attributed the Oct 29 heist — the largest crypto theft on record — to North Korea's TraderTraitor group
π¦ Binance says it has replenished about 98% of affected user assets and is gradually restoring withdrawals
Source: Elliptic, November 5, 2026.
#Binance #CryptoHack #Bitcoin #CryptoNews #Blockchain #Zimbuck175 Views -
π ZCASH JUMPS 12% AS NU7 GOES LIVE!
Zcash led the crypto rebound, jumping nearly 12% to $1,318 as its NU7 network upgrade switches on today. π
β Block times cut from 75 seconds to 25 — confirmations 3x faster
β Around $16M still sits in the old Sprout pool — unspendable after NU7
β ZEC back in the crypto top 10, up nearly 3x from a year ago
Holders have hours left to move Sprout funds before the upgrade freezes them. π
#Zcash #ZEC #Crypto #Privacy #CryptoNews #Blockchain #Investing #Finance #Zimbuck
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com1
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π¨ BREAKING: Hong Kong passes crypto tax reporting law! ππ°
Hong Kong's Legislative Council has approved the OECD Crypto-Asset Reporting Framework. From 2027, crypto exchanges, brokers and dealers must collect customer and transaction data — and tax info will be shared with partner countries from 2028.
A big step for global crypto transparency. What do you think — good for adoption or bad for privacy? π
#HongKong #Crypto #CryptoNews #Bitcoin #Tax #FinanceNews #Zimbuck
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com286 Views -
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