Odaily News: Fortitude Mining, a Zcash mining-focused subsidiary under Digital Currency Group (DCG), has announced the appointment of Jaime Leverton, former CEO of Nasdaq-listed mining company Hut 8, as its new CEO to accelerate its reverse merger with Nasdaq medical technology company HeartSciences as part of a backdoor listing process.Leverton will officially take office on September 21 and will lead the newly listed company upon completion of the merger, while former CEO Andrea Childs will transition to CEO. The all-stock merger transaction was announced in June of this year, and the combined entity plans to rename itself Fortitude and trade on Nasdaq under the ticker symbol TUDE, with DCG expected to hold approximately 95% of the shares. Fortitude was spun off from Foundry's proprietary mining division in January 2025 and produced a cumulative 72,696 ZEC in the first half of 2026. (The Miner Mag)

Odaily News - Barry Silbert, founder of DCG, the parent company of Grayscale, stated on the X platform that Fortitude Crypto had a strong second quarter, is conducting large-scale ZEC mining operations, and is moving toward the public market.Fortitude reported Q2 revenue of $20.9 million, adjusted EBITDA of $8.5 million, and a net loss of $9.5 million for the quarter. The company mined approximately 33,646 ZEC during the quarter, with an average hashrate of 4.0 GSol/s.

Odaily News: According to market reports, Grayscale has submitted the fourth amended registration statement for the Grayscale Zcash Trust (ZEC) to the U.S. SEC. The trust is expected to be renamed upon the registration statement becoming effective and will list on NYSE Arca under the ticker "ZCSH." Additionally, DCG International Investments L, a subsidiary of Digital Currency Group (DCG), is in discussions with the sponsor to subscribe for approximately 200,000 ZEC worth of trust shares. However, the arrangement has not yet formed a binding agreement, and the final subscription amount may change or be canceled.

Odaily reports that Fortitude Mining, a mining company under Digital Currency Group (DCG), has signed a procurement agreement worth approximately $45 million. The deal involves mining hardware and infrastructure in Nebraska, aimed at advancing the vertical integration of Zcash mining. The expansion includes a $31.5 million commitment for miner purchases, along with two acquisitions totaling $13.9 million covering power contracts, land, buildings, and mining equipment. Fortitude stated that its controlled data center capacity has increased to over 60 megawatts in 2026. Fortitude is proceeding with a proposed merger with HeartSciences Inc., a Nasdaq-listed company. If completed, the DCG subsidiary will gain a public listing status. In the first quarter of 2026, Zcash accounted for 61% of Fortitude's mining revenue, while Bitcoin's share fell to 36%.

Odaily A federal judge for the U.S. District Court for the District of Connecticut has revived common law fraud claims in the Genesis Yield lawsuit against Digital Currency Group founder Barry Silbert, DCG, and other defendants, while allowing federal securities law claims in the case to proceed.The ruling amends a prior decision by the court from February of this year. The plaintiffs had argued that the court has jurisdiction to hear their state law claims under the Class Action Fairness Act. Judge Stefan Underhill accepted this argument and reopened the relevant state law claims.The case revolves around the defunct Genesis Yield lending program, which allowed users to deposit crypto assets and earn interest. Investors allege that Silbert, DCG, and other defendants misled customers about the company's financial health and risk controls before Genesis suspended withdrawals and filed for bankruptcy in early 2023.However, not all state law claims were revived. The court dismissed consumer protection claims from four states and stayed related claims from three others. Overall, the ruling re-centers the dispute regarding fraud liability for DCG and Silbert as a focal point of the case. (The Block)

Odaily reported that Barry Silbert, founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale, retweeted on platform X, disclosing that Kraken is about to list Bittensor subnet Alpha tokens. The first batch of tokens to be listed includes: Chutes, Targon, Score, Ridges AI, Hippius, Vanta, and others.

Odaily Seer monitoring shows that in the predict.fun "League of Legends Play-In TL vs DCG (BO5)" prediction event, the probability of TL winning is currently reported at 92%; the probability of DCG winning is currently reported at 8%.At around 12:50 PM Beijing time today, the League of Legends Play-In match between TL and DCG began. This match follows a BO5 format, where the first team to win 3 games claims victory. TL has already secured the first game, and the second game is currently in progress.Odaily Seer continues to follow the prediction market, witnessing changes before prices are set.

Odaily reports that Fortitude Mining, a Zcash mining firm under Digital Currency Group, has announced the signing of a definitive merger agreement with HeartSciences Inc., a Nasdaq-listed small-cap medical technology company, to combine the two entities. Following the announcement, HeartSciences’ stock price rose approximately 60% during intraday trading on Tuesday, closing with a gain of about 55% at $2.70.Fortitude primarily engages in Zcash mining operations. Despite ZEC's recent weak performance, DCG founder and CEO Barry Silbert stated that Zcash remains one of the most attractive opportunities in the digital asset space.Fortitude CEO Andrea Childs noted that the merger is not based on business synergies, but rather aimed at gaining access to public capital markets, thereby securing more flexible financing channels to accelerate its core strategy. This includes a Zcash-focused "venture mining" platform and continued expansion into high-return opportunities within its power asset portfolio.Both parties expect the transaction to be completed in the second half of this year. The deal also indicates that some crypto mining firms are attempting to access capital markets through mergers with publicly listed companies to support their future expansion.

Odaily reported that according to official sources, the on-chain trading ecosystem TurboFlow has announced the completion of a $6 million seed funding round, led by Pantera Capital, with strategic participation from quantitative trading giant Susquehanna Crypto (SIG Crypto) and Digital Currency Group (DCG). The funds will be used to integrate perpetual contracts and prediction markets into a high-performance platform, enabling broader access to sophisticated trading products.It is reported that TurboFlow is an on-chain trading ecosystem that combines perpetual contracts and prediction markets, dedicated to providing retail users with professional-grade market infrastructure.

1. Iran announces draft of "Regulations on Environmental Service Fees for the Strait of Hormuz";2. Bitcoin is just one step away from the German government’s average selling price, with $57,900 potentially becoming a key level;3. Glassnode co-founder: Bitcoin's bottoming range has emerged, with a high-probability bottom between $46,000 and $54,000;4. Bitcoin's Relative Strength Index hits its lowest level since the 2020 bear market, increasing the likelihood of a drop to $50,000;5. DCG founder (parent company of Grayscale): Instead of mocking ZEC’s price correction, it's better to prepare for AI and quantum risks;6. Up 20x in two months, "1011 insider whale" proxy Garrett Jin may be manipulating Binance Life;7. Binance Life continues to hit new all-time highs, with a market cap surpassing $860 million;8. Analysts: Coinbase's stock price will face a support test, with $141 potentially being a key watershed level;9. Iran plans to charge oil tankers in the Strait of Hormuz a transit fee of $150,000–$2 million, partially payable in barter;10. The Coinbase Bitcoin premium index has been negative for 20 consecutive days, currently at -0.0467%.