Latest updates, press releases, and insights from the volatile world of digital assets.
Coinbase's Ethereum layer-2 network Base experienced a significant disruption that halted block production for nearly two hours before resuming operations. The incident, linked to an invalid block, occurred just ahead of a planned network upgrade
Binance has withdrawn its MiCA license bid in Greece and will pursue approval elsewhere, triggering service restrictions for EU users starting July 1 as the regulatory deadline arrives. The exchange maintains it is not leaving Europe and user funds remain secure
Abracadabra has raised borrowing rates across its lending markets and paused liquidity incentives after its stablecoin Magic Internet Money (MIM) fell to around $0.50, well below its $1 peg, in response to renewed liquidity pressures
South Korea’s Personal Information Protection Commission has imposed a 210 million won penalty on major crypto exchange Bithumb for sharing user data with overseas platforms without proper consent, highlighting stricter enforcement of privacy rules in the sector
Strategy's stocks MSTR and STRC have plunged to new lows alongside a broader Bitcoin selloff, compounded by insider selling, a securities investigation, and questions over investor confidence and dividend sustainability
Charles Hoskinson addresses the recent wallet exploit that drained millions in ADA, while the token shows a modest recovery but faces persistent downward pressure
A group of Democratic lawmakers has urged the SEC to provide detailed guidance on regulating AI-powered trading agents, citing risks to retail investors as these tools expand into broader financial markets including cryptocurrencies
Coinbase has secured a MiCA license in Luxembourg, designating the country as its central base for regulated crypto services across all 27 European Union member states
Blockchain analytics firm TRM Labs has traced substantial crypto transactions between CoinEx and sanctioned Iranian entities, prompting the exchange to issue a strong denial and highlight its compliance efforts
SBI Holdings has signed agreements to fully acquire Japan's Bitbank crypto exchange for approximately 46.7 billion yen ($289 million),positioning the combined entity as the country's leading regulated crypto platform with over 2.9 million accounts and 1.1 trillion yen in assets under custody
