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In an article published on the Supreme People’s Procuratorate’s website, Chinese prosecutors argue for a more proactive approach to policing money laundering involving cryptocurrencies.The prosecutors also argue that mixers and privacy coins should be considered indicators that money laundering activity is likely occurring.

Zcash has scheduled the Ironwood network upgrade for July 28 to replace the Orchard shielded pool after the counterfeit token vulnerability.Ironwood will require funds leaving Orchard to pass through an accounting checkpoint that could reveal whether counterfeit ZEC was ever created.ZEC has partially recovered from its post disclosure decline as more than 80% of the cryptocurrency’s maximum supply has now been issued.

Ethereum researchers are using AI agents to hunt for vulnerabilities, shifting security work from finding bugs to proving which ones are real.

Alfa-Bank wants a digital depository before offering wider crypto services under Russia’s planned rules framework.Sberbank, T-Bank and VTB plans show Russia’s banking sector is preparing for regulated crypto access.Retail launch timing still depends on final rules, app access and market liquidity by 2027.

The effort follows last month’s detection of a counterfeiting bug in Zcash’s Orchard pool.Developers say AI-assisted formal verification has reduced work that once took years to just weeks.

Shielded Labs says Zcash’s Ironwood upgrade may be delayed as ecosystem participants need more preparation time.Exchanges, wallets and mining pools are simultaneously migrating from zcashd to the new Z3 software stack.Ironwood is designed to secure Zcash’s shielded supply after the Orchard “infinity” bug was disclosed.

Developers say security testing has uncovered no new serious bugs as Zcash's Ironwood upgrade moves toward testnet activation.

Argos is a recovery tool for users whose shielded funds were stuck on ZEC Wallet Lite, a longstanding problem for several longtime Zcash supporters, privacy advocate Michelle Lai said.Sovright was formed following a governance dispute between the Zcash R&D firm, Electric Coin Company, and the nonprofit governance body, Bootstrap.ECC employees joined ZODL, and three Bootstrap board members formed Sovright.

Coinbase CEO backs user choice but warns high-risk products need careful in-app promotion rules.Zooko’s complaint turned Coinbase prediction markets into a debate over vulnerable users and app design.Coinbase’s broader product push adds betting-style markets while regulators argue over sports event contracts nationwide.

A coalition of 19 organizations—including every major AI lab and Wall Street banks—just built the security team that open-source maintainers never had.

Kalshi has sued Illinois, arguing the state’s sports prediction market law violates federal authority.The company says complying with the law would conflict with CFTC rules and create unrecoverable costs.The lawsuit comes as Kalshi pursues a reported $40 billion valuation and expands its crypto product lineup.

Kalshi is reportedly seeking new funding at a $40 billion valuation, up 82% from May.The company processed over $17 billion in monthly trading volume and recently expanded crypto perpetuals.Legal disputes with CME Group and several U.S. states continue as Kalshi grows its product lineup.

Kalshi expanded its CFTC-regulated crypto perpetuals lineup with Zcash and Near contracts, while Dogecoin and Shiba Inu perpetuals are also live.The rollout comes as CME Group challenges the CFTC’s approval of similar products and the regulator fights Kentucky over market oversight.Traditional finance firms, including CBOE and Charles Schwab, are increasingly exploring perpetual and prediction-style trading products.

Zcash miner Fortitude Mining, a DCG subsidiary, wants to merge with a small-cap HeartSciences Inc.Fortitude aims to access capital markets to raise funds for more expansion.HeartSciences stock shot up about 60% in early trading.

Fortitude will go public through an all-stock merger with Nasdaq-listed HeartSciences.HeartSciences shares surged as much as 91% after the transaction was announced.The deal comes as renewed attention on Zcash boosts interest in privacy-focused crypto firms.

Mert highlighted Zcash as a leading privacy-focused crypto amid debate over Europe’s upcoming compliance rules.Analysts disputed claims that every Bitcoin transaction will require identity verification under the EU framework.Technical analysts are watching the $440 support level as ZEC trades near $451 after a sharp correction.