Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies, … Read more
Dogecoin edged lower over the past 24 hours as selling pressure pushed the token below a key support level near $0.129, with elevated volume confirming a breakdown from its recent consolidation range. Market overview DOGE slipped roughly 0.3% over the 24-hour period ending Dec. 22, trading down from $0.1309 to $0.1305 after failing to hold … Read more
Binance, the leading crypto exchange by trading volume, has just made it possible for everyone to earn a passive-like income through ether options, opening up a strategy once limited to pros. The exchange announced in a press release shared with CoinDesk that it is allowing users to write (sell) ether options, helping them effectively manage … Read more
The Tether-backed data centre operator Northern Data reportedly sold its Bitcoin mining business, Peak Mining, to three companies run by Tether executives. Northern Data was sold for up to $200 million to Highland Group Mining, Appalachian Energy, and an Alberta-based company, run by Giancarlo Devasini, Tether co-founder and chair, and its CEO, Paolo Ardoino, the … Read more
The US Federal Reserve is requesting public input on its proposed “payment account,” dubbed a “skinny master account” which fintechs and crypto firms are drawn to as it would allow access to the central bank without needing the typical approvals. “These new payment accounts would support innovation while keeping the payments system safe,” Fed Governor … Read more
A group of 18 bipartisan US House lawmakers is pushing the country’s tax agency to review its rules on crypto staking taxes before the start of 2026. In a letter sent to Internal Revenue Service acting commissioner Scott Bessent on Friday, the lawmakers, led by Republican Mike Carey, asked for a review and update guidance … Read more
New malware has been discovered that targets crypto wallets and browser extensions while disguising itself as game cheats and mods, says cybersecurity firm Kaspersky. Kaspersky reported on Thursday that it had uncovered a new infostealer dubbed “Stealka,” which targets Microsoft Windows user data. Attackers have used the malware, which was discovered in November, to hijack … Read more
Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos. Santos argued in a blog post on Saturday that while he is a “believer in the underlying idea” of prediction markets, he thinks offering them … Read more
The highly-anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history. As of early Monday, nearly 62 million votes have already been cast in favor of … Read more
Tokenization will transform the financial industry faster than digital technology disrupted legacy media, such as print newspapers, physical copies of music and other analog formats, according to Keith Grossman, president of crypto payments company MoonPay. “While many feared digitization would destroy media, what it actually did was force its evolution,” Grossman said, adding that real-world … Read more