All crypto stories, newest first.
The UK has imposed banking-style sanctions on crypto exchanges for the first time, targeting Huobi and a ruble stablecoin issuer. Financial firms in the UK must now freeze funds and trace transactions linked to these entities.
StablR has frozen its USDR and EURR stablecoins after an attacker exploited a security flaw to create $13.5 million in unbacked tokens, stealing $2.8 million. The breach was linked to a weakness in a 1-of-3 multisig wallet.
The total value of stablecoins has reached $322 billion, surpassing the foreign exchange reserves of 95 nations. This marks a significant shift in how people store and move money outside traditional banking systems.
Squid's core protocol remains unaffected after a third-party module, SquidRouterModule, was exploited for $3.2 million. The company has no information about who deployed the vulnerable module.
Five anonymous Bitcoin addresses permanently removed 107 BTC from circulation, worth $8.2 million. This rare action highlights Bitcoin's scarcity and the power of permanent destruction.
The real-world asset (RWA) market has hit $51 billion, with tokenized private credit driving much of the growth. Figure leads the sector with $18 billion in tokenized assets, according to Bernstein Research.
Ranger's initial coin offering (ICO) is now live, running from January 6–10. This could boost MetaDAO's trading volumes and revenue, potentially revitalizing the platform.
Ondo Finance, a tokenized real-world assets firm, announced the sudden death of its founder Nathan Allman. Ian De Bode, the company's longtime president, will step in as the new CEO. This leadership change comes at a critical time for the firm as it continues to expand its offerings in the crypto market.
OKX’s new Exchange OS lets users create their own crypto markets by moving core exchange functions to a protocol layer. This shift could democratize market creation and reduce reliance on centralized exchanges.
SharpLink, an Ethereum-focused treasury firm backed by Ethereum co-founder Joe Lubin, is joining the Russell indexes. Despite this milestone, the company's stock has plummeted 95% from its peak over the past year.
Hyperliquid has introduced HIP-4, a new product allowing traders to bet on macroeconomic events like inflation and interest rates. Unlike competitors, it uses validators instead of external dispute resolution for settlements.
Hong Kong is moving to license virtual asset advisers and managers under anti-money laundering rules, with legislation expected by 2026. This follows the city's efforts to become a major crypto hub.
Singapore police have charged Zhu Juntao, the former CEO of Hodlnaut, with six counts of fraud. The charges relate to allegedly misleading statements about the company's exposure to the Terra/UST crash. This case highlights the ongoing legal fallout from the 2022 crypto collapse.
Coinbase’s Base has launched Base MCP, a tool that lets users connect their Base Account to AI clients like ChatGPT. This allows AI to manage crypto wallets and DeFi apps securely using the Model Context Protocol (MCP).
Bitcoin dropped from $79,000 to $74,000 before rebounding to $77,000, with market activity cooling. Despite softer sentiment, easing sell pressure suggests early signs of stabilization.
Bitcoin Depot, a major operator of Bitcoin ATMs, has filed for bankruptcy and taken all 9,000 of its machines offline. This sudden closure leaves users without access to these convenient crypto purchase points.
A massive $1.3 billion Bitcoin ETF trade by BlackRock shook the market. This is one of the largest institutional Bitcoin ETF prints ever recorded. The trade crossed around 35,000 BTC.
Tether is introducing a new stablecoin called GELT, pegged to the Georgian lari, with support from the Georgian government. This move aims to facilitate cross-border commerce and align with emerging U.S. stablecoin regulations.
SolRouter AI has partnered with Solana Pay to enhance transaction efficiency. This integration aims to streamline payments using Solana's blockchain technology.
Prometheum argues that broker-dealers and registered investment advisors (RIAs) are crucial for bringing tokenized securities to mainstream finance. The company believes distribution, not tokenization, is the biggest hurdle for digital assets.