Rolling crypto market coverage, DeFi developments, Bitcoin and Ether moves, ETF demand, policy updates, and infrastructure launches.
Polygon Labs has announced layoffs as part of a strategic restructuring, refocusing its operations towards the payments sector following its $250 million acquisition of Coinme and Sequence.
Despite a broader market uplift following recent CPI data, XRP has conspicuously failed to gain momentum, lagging significantly even as Bitcoin consolidates its gains around $64,000.
Japan's House of Councillors has passed Cabinet Bill 57, moving regulated crypto activities under the Financial Instruments and Exchange Act (FIEA), a significant step towards institutional clarity. While a 20% tax on qualifying crypto gains is now legislated, its effective date, potentially as late as 2028, depends on
A government-backed review in the UK warns that judges and magistrates are ill-equipped to handle the impending surge in crypto money laundering and AI-driven fraud cases, signaling potential challenges for justice and regulatory clarity.
The UK government has unveiled a new 'no gain, no loss' rule for specific crypto asset transfers related to lending and liquidity pools, a move expected to impact approximately 700,000 users and significantly streamline tax obligations.
Japan has passed a significant amendment to its Financial Instruments and Exchange Act, bringing digital assets under stringent financial regulations, including new insider trading rules and enhanced oversight.
As the Clarity Act approaches a critical vote, Democratic opposition intensifies, primarily fueled by concerns that the proposed legislation lacks sufficient safeguards to address former President Donald Trump's substantial crypto fortune.
South Korea is slated to launch a pilot program in 2027 to test tokenized government bonds integrated with the Bank of Korea's wholesale Central Bank Digital Currency (CBDC) system, marking a significant step in digital financial infrastructure.
MicroStrategy, the enterprise software firm known for its substantial Bitcoin holdings, has increased its U.S. dollar reserve by $467 million through common stock sales, bringing its total cash to $3 billion. Notably, the company made no changes to its Bitcoin stash, signaling a temporary shift from its aggressive accu
Standard Chartered analysts suggest MicroStrategy's communication around its aggressive Bitcoin acquisition strategy requires greater precision to fully convince institutional investors, potentially 'muddying the waters' for BTC in the near term.
New research reveals that AI agents' propensity for 'hallucinations' could be weaponized to create sophisticated botnets, a vulnerability with serious implications for automated systems, including those in the crypto and DeFi sectors.
Bitcoin's rally to a two-month high of $96,750 headlines a day of significant crypto developments, including Coinbase's withdrawal of support for a Senate crypto bill, Zcash's SEC clarity, and Ripple's strategic European expansion.