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Business
Japan’s 128 Credit Union Outage Linked to Equipment Failure After System Update
A system update-related equipment failure disrupted 128 Japanese credit unions, blocking ATMs, transfers and online banking for hours before full restoration, exposing shared infrastructure risks for traditional finance and crypto users.
Business ·
Regulation
Former FBI agent pleads guilty to stealing $2.47 million in crypto
Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing approximately $2.47 million in cryptocurrency through about 100 transfers linked to 35 federal investigations, prosecutors said.
Regulation ·
Business
Samsung Brings Solana USDC to 82 Million Galaxy Devices
Samsung is adding Solana-based USDC to Samsung Wallet for eligible U.S. Galaxy users, offering custodial transfers, bank withdrawals and mainstream access while fees, restrictions and custody shape adoption.
Business ·
Protocols
Solana’s 150-Millisecond Finality Puts Payments to a Real-World Test
Solana’s Alpenglow upgrade targets 150-millisecond finality as Polygon’s Open Money Stack connects the network to stablecoins, bank transfers and global business payments, putting its institutional ambitions to a real-world test.
Protocols ·
Regulation
Hong Kong’s Crypto Tax Reporting Rules Will Send Exchange Data Abroad in 2028
Hong Kong’s new crypto tax reporting law will require providers to collect customer and transaction data from 2027, enabling automatic exchanges with overseas tax authorities from 2028.
Regulation ·
Markets
NEAR and PUMP Slide as Election Volatility Exposes Altcoin Fragility
NEAR Protocol and Pump.fun dropped more than 10% as post-election capital rotated into Bitcoin and larger cryptocurrencies, exposing altcoin fragility, thin liquidity and leverage-driven selling across speculative markets.
Markets ·
Markets
Crypto’s broad selloff points to an AI driven liquidity shock
Bitcoin, Ethena and Uniswap plunged as an AI-linked technology selloff reversed the post-election rally, triggering leveraged crypto liquidations and exposing fragile liquidity across markets again.
Markets ·
Regulation
South Korea proposes delaying crypto income taxes to 2029
South Korea’s finance ministry proposes delaying virtual-asset income taxes from 2027 to 2029, as lawmakers debate readiness, overseas data collection and regulatory certainty for investors and exchanges.
Regulation ·
Business
Binance and Deribit Remove SignalPlus API Keys After Security Warning
Binance and Deribit removed SignalPlus-linked API keys after Changpeng Zhao warned users of a potential security issue, while the incident’s cause, scope and impact remain unconfirmed.
Business ·