Hope Utulu is a multifaceted professional with a diverse background in journalism, writing, Community/Project Management, and public relations within the dynamic landscape of blockchain technology and cryptocurrency.
🚨ZCASH DEV FUND PROPOSER CALLS TO END THE ENTIRE $300M+ DEVELOPMENT FUND EARLY!
@jswihart, who originally proposed the current Zcash Development Fund model, has put forward a counterproposal on the community forum to terminate the entire Dev Fund ahead of its scheduled November 2028 expiration.
He argues that ending only the ZCG portion while leaving the Coinholder fund in place is a half-measure. With the two funds now valued at more than $300M, he says the structure creates power concentration and distorted incentives.
If adopted, the change would return 100% of block rewards to miners sooner, reducing ongoing dilution from the Dev Fund and shifting $ZEC fully toward a pure proof-of-work model.
⚠️ UPDATE: The hackers behind the $6.4 BILLION Binance exploit appear to be using BOTS to launder stolen funds.
@chainalysis reports thousands of transactions are rapidly cycling stolen funds between wallets, sometimes sending them BACK to previously used addresses.
Some wallets receive exactly 1 $TRX , collect additional funds, then forward everything to another address.
All designed to make the stolen crypto harder to trace 🔍 Why are they using $TRX ?
🚨CZ TELLS ELON TO STOP TROLLING, POINTS TO BINANCE’S $1B+ SPCX STAKE FROM TWITTER INVESTMENT!
@cz_binance replied to @elonmusk after a grimacing emoji post, writing that he has a lot of respect for him but that this is a bad time to troll and asking him to stop.
He noted that Binance’s $SPCX shares from its $500 million investment in the Twitter takeover are now worth more than a billion dollars, and said he would appreciate a little support. Pls stay safu guys $BNB
JUST IN: Analysts link the $6.3B Binance exploit to North Korea’s hacking network
TRM Labs, Chainalysis and Singapore’s Pangolin Intelligence reportedly point to a DPRK-linked group, while claims that the attacker moved some stolen funds through Aave to borrow ETH raise questions about how much can actually be recovered through asset freezes. $BNB
Wilcox says he used AI agents to build a version of the BLAKE3 hash function designed to improve security while running significantly faster, describing the approach as an “AI laser beam” rather than an AI slop cannon. $ZEC