Zcash plan would freeze legacy Sprout funds
Zcash plan would freeze legacy Sprout fundsMainnet activation remains undecided, and recovering old wallets can take days.
Zcash’s proposed retirement of its oldest privacy pool could leave holders with intact private keys and no accepted way to spend their coins. A mainnet decision is planned for October 20. Recovering an old wallet can require days of work, and moving funds out exposes the transferred amount. At Cboe, newly approved earnings-contract rules preserve settled payouts even if company figures are later corrected. Fidelity’s California settlement adds a notice requirement for ordinary crypto transfers while leaving retirement accounts outside those obligations. Top News
Zcash’s planned Sprout freeze would leave private keys unable to move fundsZIP 2003 would reject the version 4 transactions required to spend Sprout funds, a pool holding about 22,309 ZEC at the October 17 observation. Those coins would remain in issued supply, but neither accepted newer transaction format offers a replacement spending route. November 5 remains a conditional NU7 target; mainnet activation has not been approved or assigned a block height, and a future recovery mechanism is not guaranteed.
SEC approves Coinbase earnings bets that stay settled when the numbers changeCboe’s approved rules use specified company metrics and reporting periods. Missing figures can delay processing or trigger alternative settlement, including a worthless expiry; availability of the Coinbase and MARA series remains unconfirmed. Fidelity’s $500,000 crypto settlement leaves IRAs outside wallet-transfer termsFidelity must give California retail customers reasonable written notice if it ends ordinary transfers. Security restrictions remain permitted, and the $500,000 agreement creates no customer compensation fund. Fidelity denies wrongdoing. What We’re Watching
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