Cryptocurrency
Nikita Bier says crypto has had a rough year, hints at building something new as X Money launch nears
The head of product's viral one-liner lands weeks before Elon Musk's fiat payments app goes live with a 6% yield and a Visa card
North Korean hackers are running massive state-sponsored heists to run its economy and nuclear program
As North Korea's infiltration tactics grow more sophisticated, security experts say the crypto industry needs to understand what sets the regime apart from every other state-backed hacker — and why that difference makes it a dangerous threat to the ecosystem.
Japan moves to classify cryptocurrencies as financial products
The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.
South Korea takes away exchange discretion in a major anti-phishing crackdown
The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns.
Brazil’s finance minister delays divisive crypto tax plan
The proposed tax would classify some crypto transactions as foreign exchange operations, subject to rates ranging to as high as 3.5%.
Crypto.com cuts 12% of staff as it integrates AI across the business for efficiency
The exchange laid off about 180 employees as it restructures and rolls out enterprise-wide AI to drive efficiencies.
Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts
As Citi plans to integrate Bitcoin into bank-grade custody and reporting frameworks, Morgan Stanley moves to bring crypto trading, lending exploration and tokenized products to mainstream wealth clients.
IoTeX offers cross-bridge hackers 10% bounty if they return $4.4 million within 48 hours
Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.
Nomura defends crypto strategy as it limits short-term volatility at Laser Digital
The Japanese bank said tighter positions and risk limits at Laser Digital are designed to reduce short-term volatility, not signal a pullback from crypto.
Nomura to tighten risk controls at Laser Digital after crypto-related losses
Nomura CEO Hiroyuki Moriuchi said that the company introduced stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings.
