Tagged: cryptocurrency

Bitcoin Is Evolving into Reliable Long-Term Store of Value, Payments Use-Case Not as Important After 18 Years of BTC Adoption 

Bitcoin (BTC) has evolved considerably during the past 18 years to become a global asset class valued at more than $1 trillion (peaking at over $2 trillion). Despite calls for making Bitcoin a more consumer-friendly digital currency that businesses can easily accept for payments, the… Read More

France’s National Assembly Postpones 2027 Budget Revenue Vote for a Second Time as Cryptocurrency Exit Tax Proposals Are Rejected

Deputies in France’s National Assembly failed to hold the scheduled solemn vote on the revenue section of the 2027 state budget on Tuesday, 3 November, marking the second such delay. The examination of the first part of the finance bill, which sets taxes and other… Read More

Bitcoin and Crypto Markets Face Pressure as Democratic Midterm Sweep Threatens CLARITY Act Progress

Tuesday’s midterm elections have now produced a decisive shift in Washington. Democrats secured majorities in both the Senate and the House of Representatives, ending two years of unified Republican government under President Donald Trump. Reuters and The Wall Street Journal reported sweeping victories that reached… Read More

Hong Kong Established Asia’s Crypto and Blockchain Industry, Then Talent Fled to Singapore

Hong Kong once served as a primary launchpad for Asia’s cryptocurrency sector. Early exchanges, trading desks, and developer communities took root in the city, drawn by its common-law framework, deep capital markets, and proximity to both mainland China and global finance. That foundation helped seed… Read More

Garcia Brothers from Texas Receive 15-Year Prison Terms for Armed Crypto Robbery of Minnesota Family

Two brothers from Waller, Texas, have received lengthy federal prison terms after a violent home invasion in Minnesota that involved the kidnapping of a family and the forced transfer of more than $8 million in cryptocurrency. Raymond Christian Garcia and Isiah Angelo Garcia were sentenced… Read More

Dubai Police Dismantle Criminal Ring in AED 2.6 Million Cryptocurrency Fraud

Dubai Police have taken six individuals into custody following a sophisticated fraud that cost one victim approximately AED 2.6 million (roughly $708,000). The case involved an unlicensed currency exchange and the rapid movement of both cash and across decentralized wallets, yet investigators recovered the full… Read More

Thailand’s Supreme Court Finally Recognizes Bitcoin (BTC) as Property Under Existing Civil and Criminal Law

On October 28, 2026, Thailand’s Supreme Court, sitting in full bench, issued Judgment No. 4929/2569 confirming that Bitcoin qualifies as property capable of supporting criminal liability for robbery and related offenses. The decision, summarized in the court’s selected-judgment series and accessible through the official Supreme… Read More

Singapore Police Force Warns of Tampered Ledger Hardware Wallets Linked to Appr. S$3.5 Million in Losses

The Singapore Police Force (SPF) has issued a public advisory highlighting recent incidents involving compromised Ledger cryptocurrency hardware wallets. Since 10 September 2026, authorities have received reports of at least two cases in which individuals suffered combined losses of approximately S$3.5 million after purchasing the… Read More

Thailand Launches WORPT Wallet Allowing Travelers to Spend Stablecoins via PromptPay

A Thai partnership has introduced a new digital wallet application that lets visiting travelers convert popular stablecoins into local currency and settle everyday purchases through the country’s widely used QR PromptPay system. The service, called WORPT, became available under Thailand’s Tourist DigiPay regulatory sandbox after… Read More

Argentine Federal Judge Dismisses All Charges Against President Javier Milei and Others in $LIBRA Cryptocurrency Investigation

An Argentine federal judge on Friday afternoon terminated the criminal probe into President Javier Milei, his sister Karina Milei, and nine additional individuals connected to the February 2025 launch and rapid collapse of the $LIBRA meme coin. Federal Judge Marcelo Martínez de Giorgi of National… Read More

Connecticut Tax Preparer Charged With Claiming Fake Crypto Losses for Clients Who Never Owned the Assets

Federal authorities in Connecticut have accused a Meriden tax preparer of systematically inserting fictitious cryptocurrency and stock losses onto clients’ returns even though the taxpayers never held the assets in question. The allegations form one element of a wider set of charges that also encompass… Read More

SoFi Technologies Introduces SOFIE, a Bank-Issued Tokenized Deposit Paying 4.40% APY with FDIC Coverage

SoFi Technologies (NASDAQ: SOFI), the digital financial services company operating as an all-in-one app, announced on October 22, 2026, the debut of SoFi Earn, or SOFIE. The firm describes it as the first tokenized deposit made available to consumers by a nationally chartered U.S. bank…. Read More

Andreessen Horowitz Strikes “Crypto” from Name of Crypto Arm, Rebrands as a16z Frontier for AI and Emerging Tech

Andreessen Horowitz is rebranding its dedicated cryptocurrency investment practice as a16z Frontier, broadening its mandate beyond blockchain-focused startups to encompass a wider range of emerging technologies. The change, announced on October 22, 2026, by managing partner Chris Dixon, frames the shift as an expansion rather… Read More

Canadian Armed Forces Reserves Members Among Seven Arrested in Armed Toronto Crypto Kidnapping Plot

Toronto police have charged seven men, including three members of the Canadian Armed Forces reserves, in connection with a July abduction in which a cryptocurrency exchange owner was forcibly taken in an attempt to seize control of his digital assets. The incident unfolded on July… Read More

AI Linked Crypto Tokens Outperformed Broader Digital Assets Market in September : Grayscale

Digital assets tied to artificial intelligence posted the strongest relative returns of any major crypto category last month, according to research published by Grayscale. In a note dated October 2, 2026, the firm’s head of research, Zach Pandl, reported that Grayscale’s Artificial Intelligence Crypto Sector… Read More

UK Robbers Forced Crypto Transfer after Threatening to Kill Pregnant Woman

A couple in the West Midlands has described a violent home invasion in which masked intruders beat the husband and threatened to kill his pregnant wife and their unborn child unless cryptocurrency was handed over. The attack took place on the afternoon of 13 December… Read More

BitMEX Co-Founder Arthur Hayes Says an AI Credit Strain Could Force a Rescue and Lift Bitcoin and Crypto Markets

Arthur Hayes, chief investment officer of the crypto fund Maelstrom and chief executive of Flop Labs, is arguing that the artificial-intelligence buildout is less a durable earnings story than a credit boom whose eventual strain could force official liquidity back into digital assets. In his… Read More

Bitcoin and Crypto Security Losses Hit $3.63 Billion as Attacks Outrun Audits and Insurance

Security remains a core concern across cryptocurrency, yet losses keep climbing. CoinGecko’s 2026 State of Crypto Security Report, published in late August, found that platforms lost $3.63 billion in 245 documented incidents from January 2025 through July 2026. A small number of large events drove… Read More

Bitcoin and Crypto Remain Poorly Understood by US Households, Compared to Traditional Financial (TradFi) Assets

A recent working paper from the Federal Reserve Bank of Cleveland sheds light on how American households view and interact with cryptocurrencies. Titled “Do You Even Crypto, Bro? Cryptocurrencies in Household Finance,” the study draws on repeated large-scale surveys of U.S. households to examine investment… Read More

French Tax Authority Confirms Data Breach Affecting Hundreds of Thousands Amid Crypto Security Concerns

France’s tax administration has acknowledged a cybersecurity incident that allowed unauthorized access to sensitive taxpayer records. The breach, which occurred in late June 2026, involved the extraction of personal and financial data belonging to both individuals and businesses. The French Ministry of the Economy and… Read More

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