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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.
US Bank Security Checks Reported After $6.3B Binance Hack
U.S. regulators reportedly contacted banks after Binance's $6.3 billion hack, while FBI attribution, TRM Labs tracking and Tether's freeze highlight concerns over stolen crypto entering traditional finance.
zkAPI Makes Private API Billing a Proof, Nullifier and Settlement Problem
Ethereum’s experimental zkAPI aims to enable private API payments without durable user identities. The story examines zero-knowledge proofs, nullifiers, settlement, replay resistance, refunds and the metadata that privacy cannot hide.
XRP Ledger closes token minting loophole with new permission fix
XRP Ledger activated fixCleanup3_4_0, closing a permission loophole that could let approved token burners mint issued assets. The amendment required validator coordination, while no confirmed exploitation has been reported.
Zcash grants committee retreats from plan to redirect 98,000 ZEC
Zcash Community Grants has withdrawn a plan to redirect 98,000 ZEC toward future mining rewards, leaving the privacy coin’s funding model and governance dispute unresolved.
Circle cuts 5% of staff as USDC growth tests its expansion strategy
Circle cut about 5% of its workforce despite higher revenue, profits and USDC activity, as falling reserve income and expansion into payments force a closer look at the stablecoin issuer’s growth strategy.
DeFi leads a crypto rebound as election risk gives way to liquidity
Crypto prices rebound after U.S. midterm election uncertainty fades, with DeFi tokens, Ethereum and memecoins leading as short covering, derivatives activity and liquidity expectations amplify the market-wide relief rally.
Arbitrum’s $30 Million Recovery Tests the Limits of Decentralization
Arbitrum’s Security Council recovered $30 million linked to the Binance hack, highlighting the network’s emergency powers and raising fresh questions about decentralization and upgrade control.
Zcash’s 12% rebound points to NU7, privacy demand and a short squeeze
Zcash rose 12% ahead of NU7, with privacy demand, ETF access and short-covering adding momentum after a broader crypto sell-off. This article examines the rebound.