Category: crypto
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Spark soars 73% as Upbit listing and 500M staking, what ignited the huge rally?
Spark’s SPK token saw a 73% jump after being listed on Upbit, with over 500 million tokens staked. F2Pool co-founder Wang Chun’s regret over selling 83.7 million SPK added to the speculative interest. The token’s price surge was also driven by increasing staking and the potential for governance influence.
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Charles Hoskinson questions Bitcoin’s post-quantum security approach
Cardano founder Charles Hoskinson criticized Bitcoin’s choice of SPHINCS+ for post-quantum security, citing limited flexibility and larger transaction sizes. Bitcoin developers prioritize security and simplicity over functionality, sparking debate on defensive design choices and future flexibility. SPHINCS+ offers quantum resistance but may limit broader upgrades, raising concerns about Bitcoin’s long-term adaptability.
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UK fintech Stratiphy restores access to tax-free crypto ETNs via IF ISAs
Stratiphy has launched a new offering to allow UK investors to access crypto ETNs through Innovative Finance ISAs after tax rule changes restricted eligibility. HM Revenue and Customs removed crypto ETNs from standard ISAs, leaving investors without a tax-free route until this structure emerged. Regulatory changes have impacted retail access to crypto-linked investment products, with…
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Uzbekistan opens state-backed crypto mining zone with tax breaks
Uzbekistan established the Besqala Mining Valley in Karakalpakstan for supervised crypto mining and foreign digital asset sales. Mining companies receive tax breaks until 2035 but must route proceeds through local bank accounts. The framework allows various power sources and aims to attract investors to the region through tax exemptions and other incentives.
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Meta deploys employee tracking software to train AI models
Meta Platforms is implementing internal tracking software on devices used by U.S.-based employees to collect data like mouse movements and keystrokes for AI training. The company is expanding its AI efforts through new roles and tools, including an AI-powered version of Mark Zuckerberg for real-time staff interaction. Safeguards are in place to protect employee data.
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BlackRock adds $900 million in Bitcoin as ETF demand rises
BlackRock has bought more than $900 million worth of Bitcoin in five days, making it the largest contributor to weekly Bitcoin ETF market inflows. The firm’s increased purchases show continued institutional demand for Bitcoin despite market volatility. The buying wave has also led to a decrease in Bitcoin supply on exchanges, raising concerns about a…
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North Korea’s Lazarus Group targets crypto execs with new macOS malware
North Korea’s Lazarus Group is using “Mach-O Man” macOS malware and fake meeting invites to target crypto executives and fund DeFi raids totaling over $500 million. CertiK researchers linked the campaign to the hacking outfit and emphasized the use of social engineering to trick victims into executing malicious commands, leaving little trace behind.
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UK watchdog raids eight London sites over illegal P2P crypto trading
The UK’s Financial Conduct Authority raided eight London locations for alleged illegal peer-to-peer cryptocurrency trading, issuing stop notices. This is part of a wider crackdown on unregistered platforms. No crypto traders are registered with the FCA in the UK. The regulator has rejected 90% of crypto firms seeking registration.
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KelpDAO hacker launders funds as Jefferies warns of Wall Street chill
The attacker responsible for the $300 million KelpDAO exploit is now laundering funds through Arbitrum and Tron-based USDT, raising concerns about the recoverability and traceability of DeFi transactions. The hack may impact Wall Street’s interest in blockchain projects. SlowMist warns of new macOS malware targeting crypto users.
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MiCA deadline, CLARITY Act, and UK/JP hardening
MiCA’s July 1, 2026 deadline is causing a shakeout among EU crypto platforms. The US CLARITY Act and SEC-CFTC MoU are ending jurisdictional turf wars. The UK and Japan are tightening regulations, squeezing out thin-margin crypto venues. This global licensing reset is favoring larger, compliant players.