Arizona Lawmaker Proposes Barring Taxes on Crypto and Blockchain
Arizona Senator Wendy Rogers introduced three measures to reshape the state’s treatment of digital assets. SB 1044 would amend statutes to exempt virtual currency from taxation, while SB 1045 seeks to prevent counties, cities and towns from taxing blockchain node operators. SCR 1003 proposes a constitutional amendment to exclude crypto from property tax definitions. The tax‑related proposals require voter approval in the November 2026 general election, adding a direct‑democracy component to Arizona’s crypto policy.
Ghana Passes Law to Legalize Crypto Trading, Central Bank Governor Says
Ghana's parliament approved the Virtual Asset Service Providers Bill, legalizing cryptocurrency trading. The law designates the Bank of Ghana as the primary regulator, granting it authority to license and supervise crypto‑asset service providers. Officials say the framework will protect consumers...
Binance Let Suspicious Accounts Move Millions After $4.3B US Plea Deal: Report
Binance allowed a network of 13 high‑risk accounts to process roughly $1.7 billion in crypto transactions, including $144 million after its November 2023 $4.3 billion US plea settlement. Internal data reviewed by the Financial Times show these accounts exhibited extreme red‑flag behavior, such...
Indonesia Lists 29 Licensed Crypto Platforms as Global Exchanges Explore Market
Indonesia’s Financial Services Authority (OJK) released a whitelist naming 29 licensed digital‑asset platforms, clarifying which exchanges can legally operate in the country. The list includes major players such as South Korea’s Upbit, Robinhood’s newly acquired local entities, and Hong Kong‑based...
Hyperliquid Says Ex-Employee Responsible for HYPE Token Shorting
Hyperliquid disclosed that a wallet flagged for shorting its HYPE token belongs to a former employee dismissed in early 2024. The ex‑employee sold roughly 4,000 HYPE tokens, valued at about $134,000, in a single day in November. Hyperliquid emphasized its...
Tether-Backed Northern Data Sold Mining Firm to Tether Execs: FT
Northern Data, a data‑centre operator backed by stablecoin giant Tether, has sold its Bitcoin mining subsidiary Peak Mining for up to $200 million. The buyers are three firms controlled by Tether co‑founder Giancarlo Devasini and CEO Paolo Ardoino. The transaction follows...
US Lawmakers Push to Fix Staking ‘Double Taxation’ Before 2026
A bipartisan group of 18 House members, led by Rep. Mike Carey, has urged the IRS to revise its crypto‑staking tax rules before 2026, arguing that current guidance imposes double taxation on rewards. The lawmakers want staking income taxed only...
Video Game Mods Are Spreading New ‘Stealka’ Crypto Infostealer: Kaspersky
Kaspersky has identified a new Windows infostealer called Stealka that disguises itself as video‑game cheats, mods and pirated software. The malware is distributed through legitimate hosting sites such as GitHub, SourceForge and Google Sites, often using AI‑generated fake pages. Stealka...
Fintechs’ Prediction Market Addons Will Cost Them in Churn: Inversion CEO
Venture‑capital firm Inversion Capital’s CEO Santiago Roel Santos warned that fintechs adding prediction‑market features are creating “casino‑like” experiences that boost user liquidation risk and accelerate churn. He cited Robinhood’s 2025 rollout and similar plans by Coinbase and Gemini as examples...
Klarna Partners with Coinbase to Accept Stablecoin Funding From Institutions
Klarna announced a partnership with Coinbase to raise short‑term funding in USDC, the leading dollar‑pegged stablecoin. The fintech will use Coinbase’s crypto‑native infrastructure to tap institutional investors seeking stablecoin exposure, adding a new liquidity source alongside deposits, long‑term debt, and...
Crypto Market ‘Isn’t Scared Enough’ to Call a Bottom Yet: Santiment
Santiment founder Maksim Balashevich warns that crypto traders lack sufficient fear on social media to confirm a Bitcoin bottom, suggesting the price could still slide to around $75,000—a 14.8% drop from the current $88,350 level. He points to overly optimistic...
Sell Bitcoin for Gold? Not so Fast, One Analyst Says
Bitcoin analyst Matthew Kratter argues that Bitcoin’s inherent scarcity, portability and verifiability make it a superior long‑term store of value compared with gold, whose supply grows 1‑2% annually and could double every 47 years. He warns investors against swapping BTC...
Blockchain and No-Code Tools Challenge AWS' Dominance: Crypto Exec
AI‑driven no‑code platforms combined with blockchain are poised to erode Amazon Web Services' cloud dominance. Crypto and Web3 projects, despite branding themselves as decentralized, still depend heavily on AWS, as highlighted by two major outages in 2025 that disrupted exchanges...
What BitMine’s 4M ETH Holdings Mean for Its Stock Valuation
BitMine Immersion Technologies disclosed nearly 4 million Ether, valued at about $13 billion, bringing its crypto treasury in line with its roughly $13 billion market capitalization. Recent financing added millions of shares, diluting the per‑share exposure to the Ether pile. The company now...
How a Single Copy-Paste Mistake Cost a User $50M in USDt
A user inadvertently transferred nearly $50 million USDt to a malicious wallet after copying a look‑alike address from their transaction history, marking one of the largest on‑chain losses of 2025. The scam relied on subtle address‑poisoning, where the first three and...
Fundstrat’s Circulating 2026 Crypto Outlook Warns of Pullback, Contrasting Tom Lee
Fundstrat Global Advisors allegedly circulated an internal 2026 crypto outlook that predicts a meaningful drawdown in the first half of 2026, with Bitcoin targeted at $60,000‑$65,000, Ether at $1,800‑$2,000, and Solana at $50‑$75. The report, attributed to head of digital...
Altcoin Season Never Ended, Traders Just Missed the Winners: Hayes
BitMEX co‑founder Arthur Hayes says the altcoin season never stopped; traders simply missed the assets that surged. He argues that relying on past season patterns blinds investors to current opportunities, urging a focus on new stories like Hyperliquid and Solana....
Pro-Crypto US Senator Lummis Won’t Seek Reelection in 2026
Wyoming Senator Cynthia Lummis, a leading pro‑crypto Republican, announced she will not seek re‑election in 2026, ending her Senate term in 2027. Lummis has been a driving force behind the digital‑asset market‑structure bill, which cleared the House in July and...
Blockchain Association Says No to Expanding Stablecoin Yield Prohibition
The Blockchain Association sent a letter, signed by more than 125 crypto firms, to the U.S. Senate Committee opposing any expansion of the stablecoin yield prohibition to third‑party platforms. The group argues that extending the ban, outlined in the GENIUS...
Crypto Biz: Bank Stablecoins Get a Rulebook; Bitcoin Gets a Land Grab
The FDIC released a 38‑page proposal outlining how insured banks can issue payment stablecoins through subsidiaries under the GENIUS Act, marking a significant step toward regulatory clarity. Meanwhile, corporate Bitcoin holdings are shifting as American Bitcoin Corp added over 1,000...
Galaxy Predicts Stablecoins Will Overtake ACH Transaction Volume in 2026
Galaxy Research forecasts that stablecoins will outpace the US ACH network in transaction volume by 2026, driven by a 30‑40% compound annual growth rate in supply and expanding use cases. The prediction hinges on upcoming regulatory definitions under the GENIUS...
Arthur Hayes Argues New Fed Liquidity Tool “RMP” Masks Renewed Money Printing
Arthur Hayes, co‑founder of BitMEX, argues that the Federal Reserve’s new reserve management purchases (RMP) program is essentially a rebranded form of quantitative easing that expands fiat liquidity. He claims the RMP funds government spending, inflates the currency, and disproportionately...
Michael Saylor’s Bitcoin Thesis: Money or Commodity?
Michael Saylor, executive chairman of MicroStrategy, reiterated his view that Bitcoin functions more as a hard asset—akin to crude oil—than as money, proposing a "Bitcoin central bank" model. He has leveraged corporate finance mechanisms, including Class A stock, convertible senior notes,...
Solana AI Token Ava Hit by Launch Sniping Tied to Deployer: Bubblemaps
Bubblemaps identified a cluster of 23 wallets tied to the Ava token deployer that snapped up roughly 40% of the Solana‑based AI token supply at launch on Pump.fun. The coordinated buying, funded through Bitget and Binance, coincided with a dramatic...
What Malaysia’s Royal Stablecoin Reveals About Asia’s Shift to Tokenized Money
Malaysia has launched RMJDT, a ringgit‑pegged stablecoin issued by Bullish Aim on the Zetrix blockchain. The token is backed by ringgit cash and short‑term government bonds and is supported by a 500 million‑ringgit digital‑asset treasury to stabilize validator operations. Across Asia,...
Jump Trading Hit with $4B Lawsuit Tied to $50B Terra Crash: WSJ
Jump Trading and two senior executives are being sued for $4 billion by Terraform Labs’ bankruptcy administrator, who alleges the firm profited from and helped trigger the 2022 Terra collapse that erased roughly $50 billion. The complaint claims Jump entered secret agreements...
Fragmentation Drains up to $1.3B a Year From Tokenized Assets: Report
RWA.io’s new report quantifies the economic drag caused by blockchain fragmentation, estimating a current loss of $600 million to $1.3 billion per year in tokenized real‑world assets. Identical tokens trade at 1‑3% price spreads across chains, while moving capital incurs 2‑5% fees...
Coinbase Borrows Kalshi’s Playbook, Sues Three States over Prediction Markets
Coinbase has filed lawsuits in Connecticut, Illinois and Michigan, seeking a federal ruling that its upcoming CFTC‑regulated prediction markets fall under the Commodity Exchange Act rather than state gambling statutes. The exchange argues that federal jurisdiction should pre‑empt the patchwork...
How Cheap Power Turned Libya Into a Bitcoin Mining Hotspot
Libya’s heavily subsidized electricity, priced at roughly $0.004 per kilowatt‑hour, turned the country into a surprisingly profitable hub for Bitcoin mining, even with outdated hardware. At its peak in 2021, the clandestine farms contributed about 0.6 % of the global Bitcoin...
Raoul Pal Says Capital Rotation Could Be Fuelling Zcash Boom
Real Vision founder Raoul Pal warned that Zcash's recent surge may stem from capital rotation rather than a genuine market uptrend. The privacy token has rallied 699% since the start of the year but slipped about 37% over the past...
SEC Flags Bitcoin Miner Hosting Services as Subject to Securities Laws
The U.S. Securities and Exchange Commission sued Bitcoin mining firm VBit, alleging it sold more hosting agreements than it could support and misappropriated about $48 million, classifying the contracts as securities under the Howey test. The SEC claims investors relied on...
Bitwise Files with SEC to Offer Spot Sui ETF
Bitwise has submitted a Form S‑1 to the SEC to launch a spot Sui exchange‑traded fund, with Coinbase Custody designated as the custodian. The fund would track the native token of the Sui Network, a layer‑1 blockchain currently ranked 31st...
Crypto Has Everything Needed for a Bull Market, so Why Is the Market Down?
Despite a suite of bullish catalysts—including heightened liquidity, pro‑crypto regulatory signals, new ETF launches and growing institutional exposure—cryptocurrency markets are heading lower, with total market capitalization down more than 32% from its $4.4 trillion peak and nearly 13% below the start...
Synthetix Returns to Ethereum Mainnet After 3 Years: ‘We Can Run It Back’
Synthetix announced its return to Ethereum mainnet after a three‑year hiatus, citing dramatically lower gas fees and recent layer‑1 scaling upgrades. The network’s average fee has dropped to roughly 0.71 gwei, a 26‑fold reduction from a year ago, making high‑frequency perpetual...
Crypto CLARITY Act Set for Senate Markup in January, Sacks Says
The Digital Asset Market Clarity Act, known as the CLARITY Act, is slated for a Senate markup in January, according to White House AI and crypto adviser David Sacks. The bipartisan bill, already cleared by the House, seeks to define...
Cypherpunk Values Are Dying, but They’re 'Not Dead Yet'
Cointelegraph argues that core cypherpunk principles—privacy, self‑sovereignty and decentralization—are rapidly eroding in today’s data‑driven society. The piece cites recent controversies, such as Vitalik Buterin’s mixer donation, to illustrate growing stigma around privacy tools. In response, Cointelegraph is launching a weekly show,...
NYSE Parent in Talks to Invest in Crypto Company MoonPay: Report
Intercontinental Exchange (ICE), the parent of the NYSE, is in talks to invest in crypto‑payments firm MoonPay as part of its $5 billion valuation round, though the exact amount remains undisclosed. ICE previously committed $2 billion to prediction market Polymarket, valuing that...
Bitcoin Policy Institute Reps Sound Alarm on De Minimis Tax Exclusion
Bitcoin Policy Institute strategist Conner Brown warned that a de minimis tax exemption being debated in Congress appears limited to dollar‑pegged stablecoins, leaving Bitcoin transactions unprotected. Senator Cynthia Lummis’s bill proposes a $300 threshold with a $5,000 annual tax‑free cap, plus...
Why Bitcoin’s Popular Narratives Don’t Match the Data: James Check on 2026
James Check’s on‑chain analysis shows Bitcoin’s price masks deeper market shifts. Leverage has fallen while the average cost base rose, leaving many investors underwater. Coins of all ages are re‑entering the market faster, increasing supply pressure. Check argues that ETFs,...
Intuit to Use Circle’s Stablecoin for Financial Platforms
Intuit announced a multi‑year strategic partnership with Circle to embed the USDC stablecoin across its flagship platforms, including TurboTax, QuickBooks, Credit Karma and Mailchimp. The collaboration promises faster, lower‑cost payments for business transactions, tax refunds and marketing services. USDC, the...
MEV Trading Returns to Court in Pump.fun Class-Action Lawsuit
A U.S. judge approved an amendment to the Pump.fun class‑action lawsuit, allowing more than 5,000 internal chat logs as evidence. The suit claims Pump.fun, Solana Labs, Jito Labs, and the Solana Foundation used maximal extractable value (MEV) to front‑run retail...
Aptos Introduces Post-Quantum Signatures Before They’re Urgently Needed
Aptos has drafted AIP‑137 to add SLH‑DSA, a post‑quantum signature scheme, as an optional account‑level option, making it one of the first production blockchains with native quantum‑resistant support. The proposal follows NIST’s release of post‑quantum cryptography standards and growing industry...
Tether CEO Says AI Bubble Is Bitcoin’s Biggest Risk in 2026
Tether CEO Paolo Ardoino warned that an AI‑driven bubble could destabilize Bitcoin by 2026, though he expects corrections to be milder than the 80% drops seen in 2022. He remains bullish on real‑world‑asset tokenization and institutional adoption, while expressing a...
DAT Longevity Hinges on Avoiding ‘mNAV Roller Coaster’: Solmate CEO
Digital asset treasury (DAT) firms face sustainability challenges due to mNAV volatility, especially pure‑play models that rely solely on token price appreciation. Solmate’s CEO Marco Santori argues that coupling treasury holdings with a bare‑metal validator business creates a more resilient...
Attacker Takes over Multisig Minutes After Creation, Drains up to $40M Slowly
A whale’s multisig wallet was seized just six minutes after its creation, allowing an attacker to drain and launder over $40 million through staged transactions and Tornado Cash. The wallet’s 1‑of‑1 configuration effectively nullified its multisig protection, and forensic analysis revealed the...
Crypto Losses Near $3.4B as Hackers Went ‘Big Game Hunting’
Crypto losses hit $3.4 billion in 2025, the highest since 2022, driven by three massive hacks that accounted for 69 % of the total. The Bybit breach alone cost $1.4 billion, highlighting the risk to centralized exchanges. While DeFi protocols saw their total...
Kraken-Backed xStocks Launches on TON Wallet in ‘Nearly All Markets’
Kraken‑backed tokenized securities platform xStocks has launched on TON Wallet, Telegram’s self‑custodial wallet on the Open Network blockchain. The initial offering includes ten U.S. equities, covering about 95% of expected trading volume. The service is available in most markets where...
ETHGas Raises $12M as Buterin Revives Gas Futures Debate
ETHGas announced a $12 million seed round led by Polychain Capital, launching a blockspace trading platform backed by $800 million in validator commitments. The startup aims to implement Vitalik Buterin’s gas‑futures concept through its “Real‑Time Ethereum” system, which slices blocks into 50 ms...
Coinbase Expands in Poland with Blik Mobile Payments Integration
Coinbase announced a partnership with payment processor PPro to add Poland’s popular Blik mobile‑payment system to its platform, tapping nearly 20 million users. The integration aims to simplify crypto purchases and withdrawals, aligning with the exchange’s focus on local payment rails....
Ethereum Needs Simple Explanation to See True Trustlessness: Buterin
Vitalik Buterin says Ethereum must become easier to understand to achieve genuine trustlessness, arguing that a protocol’s complexity limits who can verify it. He suggests simplifying the system, even at the cost of some features, to broaden user comprehension. The Ethereum...