Category: crypto

FSOC removed crypto from its systemic risk list after Trump’s order, the GENIUS Act, SEC and OCC shifts, and U.S. banks’ increased use of ETFs and stablecoins. The 2025 report now categorizes digital assets as “significant market developments,” citing institutional adoption and tokenization. Global bodies still warn of risks despite the shift easing stigma for…

North Korean hackers have stolen $300 million through a complex social engineering scheme involving hijacked Telegram accounts. They impersonate industry figures in fake video calls to crypto executives, luring them into downloading malware that drains their wallets. This is part of a larger campaign that has stolen over $2 billion in crypto.

Roomba maker iRobot has filed for pre-packaged Chapter 11 bankruptcy in Delaware as Shenzhen Picea Robotics plans to take control by cancelling over $260 million in debt. The company aims to complete the restructuring by February 2026, with operations, app, support, and suppliers continuing as usual.

MEXC’s December Proof of Reserve shows over 100% backing for BTC, USDT, USDC, and ETH, with Hacken auditing the exchange’s Merkle Tree verification system. The report confirms reserve ratios of 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH, with assets securely held by MEXC.

mETH Protocol launches a Buffer Pool using Aave’s ETH market to process ETH redemptions in about 24 hours, aiming to unlock institutional demand for liquid restaking. The upgrade includes dual liquidity paths for smaller and institutional-sized redemptions, allocating 20% of TVL to Aave to blend staking and lending yields. Backed by multiple custodians and validators,…

JPMorgan has launched a $100 million tokenized money market fund on the public Ethereum blockchain, targeting institutional clients seeking onchain cash instruments. The fund, part of the Kinexys platform, offers real-time settlement and liquidity management. This move reflects the bank’s shift towards public blockchain infrastructure for regulated financial products.

SEC is reviewing Nasdaq’s proposal to list and trade tokenized securities alongside traditional shares. The proposal includes using blockchain technology for efficiency while maintaining DTCC clearing. Public feedback is sought, with industry support for efficiency gains, but concerns from Ondo Finance and Cboe urge the SEC to delay approval until DTCC clarifies settlement procedures.

Spanish and Danish police arrested individuals involved in a cross-border gang that kidnapped and killed a man to access his cryptocurrency holdings. The case is part of a global trend of violent ‘wrench attacks’ targeting crypto holders. Raids in Madrid and Málaga led to the seizure of weapons and evidence linked to the crime.

Kevin Hassett defends Fed independence as Trump considers him and Kevin Warsh for chair. Prediction markets show shift in odds. Crypto markets await further rate cuts. Hassett emphasizes Fed’s vote-driven process, stating Trump’s views matter only if data-based. Trump narrows chair race to Hassett and Warsh. Fed cuts rates to 3.5%–3.75%.

Barclays predicts a slow year for crypto in 2026, with decreasing retail participation and spot trading volumes. The bank cuts its outlook for Coinbase, highlighting tokenization and U.S. regulation as long-term factors. Regulatory progress and earnings impact are expected to be gradual, making 2026 a transitional year for the industry.