State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature. Crypto advocacy organizations behind a lawsuit opposing Illinois’ Digital Asset Tax reported that state officials agreed to delay implementation by six months. In a Thursday filing in the circuit court...Continue Reading

The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement actions involving digital asset firms. New York and Wyoming financial regulators have signed an agreement to coordinate oversight of crypto companies operating across both states, including licensing, examinations and potential enforcement actions. The Memorandum of...Continue Reading

US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. Bitcoin (BTC) pushed above $84,000 around Thursday’s Wall Street open as US bond yields retreated after setting more multidecade highs. Key points: Data from TradingView showed BTC/USD preserving a pattern of higher...Continue Reading

The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals. Cross-chain protocol NEAR Intents reported a security breach that resulted in the loss of $3.8 million in user funds. In a Thursday X post, the protocol said that the incident was the result of...Continue Reading

Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit. Latin America’s stablecoin payment ecosystem may depend on a small group of underlying liquidity providers, potentially disrupting customers’ ability to cash out...Continue Reading

Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends on your perspective. Anyone who’s ever sent a bank transfer overseas is familiar with the painful process of waiting for things like working hours, correspondent banks and settlement times....Continue Reading

Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million. Losses from crypto security incidents climbed to $1.26 billion in the third quarter of 2026, largely driven by the $387.5 million hack of crypto exchange Bitget. Losses rose 53.9% from $819.4 million in Q2, while the...Continue Reading

Bitcoin erased its post-PCE gains as analysts cautioned that methodology changes complicated the lower-than-expected inflation reading. Bitcoin (BTC) held above $83,000 on Thursday after giving back gains following lower-than-expected US inflation data. Key points: Data from Coinbase showed BTC/USD flat on the day after a brief bout of volatility ahead of September’s monthly and third-quarter...Continue Reading

EU regulators are reportedly examining Binance’s use of a MiCA exemption to serve customers as ESMA seeks stronger enforcement powers. European regulators are reportedly scrutinizing Binance’s use of a legal exemption to continue serving customers in the European Union without authorization under the bloc’s crypto rules. The European Securities and Markets Authority (ESMA) and regulators...Continue Reading

Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion. Tokenized markets show different trading and investment patterns from traditional markets, according to a new Dune report comparing onchain and off-chain activity across equities, credit, commodities and cash-equivalent products. Dune found the difference pronounced in equities, where...Continue Reading