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
Galaxy Digital’s head of firmwide research, Alex Thorn, says 2026 may be one of the most difficult years to forecast for bitcoin, even as the firm maintains a bullish long-term outlook. In a Dec. 21 post on X, Thorn said the coming year is “too chaotic to predict,” pointing to a mix of macro uncertainty, … Read more
Migrating Bitcoin (BTC) to post-quantum standards will take at least 5-10 years, according to Bitcoin core developer and co-founder of crypto custody company Casa, Jameson Lopp, who weighed in on the ongoing quantum computer debate. Lopp agreed with Adam Back, the CEO of crypto infrastructure company Blockstream, that there is no near-term threat to Bitcoin … Read more
It’s no secret that Cleveland Fed President Beth Hammack has staked out a spot as perhaps the most hawkish member of the U.S. Federal Reserve since her appointment in 2024 after a career at Goldman Sachs. Next year, however, she will be in a more prominent position to advance those views. The Fed’s Federal Open … Read more