U.S. banks are moving ahead with tokenized deposit systems even as Senate crypto rules stall, with JPMorgan, Citi, and others already running live blockchain rails for payments and settlement. The real fight now is whether these networks become interoperable infrastructure or just prettier walled gardens.
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BitGo is acquiring NYDIG’s institutional trading unit for up to $57.5 million, deepening its push beyond custody into derivatives, financing, and execution. The deal underscores crypto’s shift toward institutional infrastructure over retail speculation.
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CoinGecko says crypto hacks drained $3.63 billion across 245 incidents, with a few giant breaches doing most of the damage. The real problem isn’t just bad code — it’s keys, front ends, vendors, and other operational weak spots that audits keep missing.
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JPMorgan and a growing bank coalition are warming to stablecoins, rattling Circle and Coinbase as Wall Street eyes a cut of the on-chain dollar market. With U.S. crypto rules still murky, banks may be late — but they’re clearly not sitting this one out.
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EU carbon pricing and stubborn UK banks are squeezing lawful Bitcoin businesses from both sides. A new study suggests emissions leakage may be pushing mining activity elsewhere, while UK crypto firms still face blocked transfers, account closures, and banking delays despite clearer rules.
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California’s AB 2409 is aimed at stopping public officials from launching meme coins tied to their name, image, or office. The bill also adds limits for certain official-linked tokens on platforms starting in 2027, as lawmakers move to curb crypto grift dressed up as “innovation.”
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HMRC says UK taxpayers declared £1.38 billion in crypto gains in 2024-25, with 240 people reporting over £1 million each. As CARF and tougher reporting rules kick in, the taxman’s reach over exchanges — and your trading records — is about to get a lot wider.
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Brazil’s central bank is rolling out a real-time crypto threat alert system after a major cyberattack showed how stolen money can sprint into crypto rails. The move pairs faster detection with tougher rules, including a planned 24-hour hold on suspicious transfers.
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Crypto media’s traffic crash isn’t just AI search squeezing clicks. Some of the biggest drops look more like de-indexing or other indexing problems, with a few domains driving most of the damage while the rest of the sector still bleeds from zero-click search.
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Galaxy is adding 24/7 fire, rescue, and medical coverage at its Helios campus in Texas as the former Bitcoin mining site scales into a major AI and high-performance computing hub. The move aims to support rural responders while the multi-gigawatt buildout keeps growing.
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