$4.2B Crypto Bank Anchorage Digital Cuts Workforce by 17%: Report

.2B Crypto Bank Anchorage Digital Cuts Workforce by 17%: Report

The reported lows come as Anchorage expands its institutional footprint with stablecoin issuance and a $100 million investment from Tether. Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion, reportedly cut 17% of its workforce earlier this year, suggesting the prolonged crypto market downturn is weighing on the company even as … Read more

European crypto advocates challenge MICA stablecoin rules

European crypto advocates challenge MICA stablecoin rules

According to crypto advocacy group Stand With Crypto EU, more than 50,000 Europeans have petitioned the European Commission to relax restrictions on stablecoin rewards as part of a review of the Block Market in Crypto-Assets (MICA) framework. The campaign came as the Commission closed its MICA review consultation on Wednesday, with Stand With Crypto pushing … Read more

Crypto supports US congressional candidates after Clarity votes fail

Crypto supports US congressional candidates after Clarity votes fail

Stand With Crypto, the industry-aligned organization launched by Coinbase in 2023 as part of its efforts to promote what it calls “clear, common sense regulation for the crypto industry,” has announced several of its picks for the next session of the US Congress. Wednesday, Bloomberg first Report Stand With Crypto said it will support candidates … Read more

US SEC Follows CFTC in Staff Guidance for Crypto

US SEC Follows CFTC in Staff Guidance for Crypto

The US Securities and Exchange Commission (SEC) has updated its policies on how securities laws will apply to “certain types of crypto assets and certain transactions involving crypto assets” following a similar move by the country’s federal commodities regulator last week. In a Friday update to the SEC’s frequently asked questions issued in March, the … Read more

Crypto market makers weigh in after South Korea JPY spike

Crypto market makers weigh in after South Korea JPY spike

South Korea’s Financial Services Commission said it is considering measures to create a market for the digital asset, after a stablecoin tied to the value of the Japanese yen traded four times its peg on a major South Korean crypto exchange earlier this month. Crypto exchange Upbit started trading JPYC, a yen-backed stablecoin, on September … Read more

North Korea Suspected Over $351 Million Bitget Crypto Heist

North Korea Suspected Over 1 Million Bitget Crypto Heist

According to cryptocurrency exchange Bitget, the hackers who stole approximately $351.6 million in digital assets from its systems used techniques very similar to those used by known North Korean threat actors. “Based on IP behavior patterns and on-chain analysis, the attack method in this incident is highly consistent with known patterns of North Korean hacking … Read more

SlowMist has yet to confirm crypto theft from the iPhone Safari attack

SlowMist has yet to confirm crypto theft from the iPhone Safari attack

An iPhone Safari attack on the back of recent security warnings has yet to be linked to the cryptocurrency theft confirmed in SlowMist’s investigation. Multiple reports emerged this week urging iPhone users to update their devices immediately and warning that malicious Safari pages could reveal crypto private keys and seed phrases, some citing a range … Read more

Asia Dominates Crypto Adoption Index, Bitgate’s $356M Hack: Asia Express

Asia Dominates Crypto Adoption Index, Bitgate’s 6M Hack: Asia Express

Asian countries account for almost half of the adoption rate Almost half of the top 20 countries in grassroots crypto adoption are in the Asia Pacific region. According to the new Chainalysis release In the 2026 Global Crypto Adoption Index, Japan ranks 4th, followed by South Korea (5th), India (6th), Thailand (8th), China (12th), Indonesia … Read more

Most crypto treasury stocks now trade below NAV

Most crypto treasury stocks now trade below NAV

The crypto treasury model has largely lost its initial advantage, with most digital asset treasury (DAT) companies no longer charging premiums that allow them to raise capital and accumulate more crypto without diluting existing shareholders, according to a new report by DWF Ventures. The report released Thursday showed that only four of the 20 largest … Read more