Category: crypto

ASIC removed 3,106 cryptocurrency investment scams in FY26, with total online scam takedowns surging 182% to over 19,400. Scammers used AI deepfakes and celebrity impersonations to make fraudulent crypto platforms appear legitimate. ASIC urged investors to verify license details independently before sending money or cryptocurrency to avoid falling victim to scams.

Coinbase has obtained regulatory approval in Abu Dhabi to establish a tokenization hub for securities backed by underlying shares. The hub will offer investment deals and custody services for tokenized securities, expanding Coinbase’s existing operations in Abu Dhabi. The move aligns with the growing trend of tokenization in the Gulf region, with potential tokenized assets…

Ripple CEO Brad Garlinghouse stated that over 67 million Americans own cryptocurrency, according to a survey conducted by the National Cryptocurrency Association. He made this claim after attending a White House meeting with senior financial regulators. The survey also found that interest in cryptocurrency had increased in 2026 compared to 2025. The SEC proposed two…

Polychain Capital led a strategic funding round for Blueprint Finance to expand Concrete, its on-chain vault infrastructure. The funding will support the development of additional products within the Concrete ecosystem, such as AssetCX and concUSD. The round included participation from various crypto firms, aiming to provide professional allocators with auditable accounting, operational permissions, and risk…

Senior U.S. crypto executives met with Commerce Secretary Howard Lutnick to discuss the CLARITY Act and ways to secure bipartisan support. The meeting focused on unresolved ethics provisions and how the White House could assist in passing the stalled market structure bill. Discussions also included the economic benefits of establishing federal rules for digital assets.

HTX denies authorizing disputed cryptocurrency microtransfers, stating internal review found no official accounts behind transfers. Kraken confirms restrictions on funds from HTX-linked addresses due to U.K. sanctions. HTX disputes Huobi Global designation. $4.2 million freeze at Kraken unverified. Reports of address poisoning persist. HTX to publish final review.

Kinetics Internet Portfolio disclosed 1,875 Class A common shares in Ripple Labs valued at $246,318.75 as of June 30 in a regulatory report. The position represents 0.1% of Kinetics’ portfolio, with the value increasing by 7.9% from March 31. The investment is in Ripple equity, not XRP.

Bitcoin is proposed as a neutral reserve asset after U.S. Vice President JD Vance questioned the benefits of the dollar’s reserve currency status. The debate surrounds the Triffin dilemma, which highlights the conflict when a national currency serves as a global reserve. Stablecoins can increase demand for dollars without resolving the underlying monetary conflict.

Starting from January 1, 2027, South Korea will tax crypto income from private wallets and overseas exchanges at a rate of up to 22%. The government will track overseas exchanges through reporting systems, while tax rules for staking, lending, airdrops, and hard forks are still under review. The tax has faced delays and opposition from…

GnosisDAO approved GIP 153 on August 19, allowing Gnosis Chain to move from a standalone layer one network to an Ethereum rollup. The vote had 123,158 GNO in favor, with a total of 123,425 GNO participating. The transition aims to improve the network’s economic base and security.