South Korea Wants Crypto Law First, Proposes Fourth Delay to 22% Crypto Tax
TLDR South Korea’s ruling Democratic Party has formally proposed delaying the country’s crypto income tax. The tax is set to start on Jan. 1, 2027, and would charge 22% on gains above 2.5 million won. Party leader Kim Min-seok wants the Digital Asset…
World Liberty Financial Went From 1 Owner to 22 in Court, Now Justin Sun Wants Sanctions
TLDR Justin Sun has asked a federal judge to sanction World Liberty Financial and its lawyers. The company expanded its ownership disclosure from one entity to 22 in August, including UAE citizenship. World Liberty then argued its UAE ties remove the…
Morgan Stanley Tokenizes US Stocks and Treasuries Through DTCC
The bank was among 20 participants signed up at launch. The service permits 24/7 token transfers only between registered wallets on the same blockchain.
WLFI Slides 11% on Election Night, Lags Bitcoin’s Recovery
World Liberty’s token remained 5.1% below its early-evening level by 5 a.m. ET, while bitcoin had recovered its losses.
Hong Kong Passes Crypto Tax Reporting Law, With Data Collection Starting in 2027
Hong Kong's Legislative Council passed the Inland Revenue (Amendment) (Crypto-Asset Reporting Framew...
Block Stock Jumps as Cash App Booms While Bitcoin Profit Halves
TLDR Block’s Bitcoin ecosystem gross profit fell 50% to $52 million after it cut fees on some Cash App Bitcoin trades. Total gross profit rose 22% to $3.24 billion, and net income climbed to $566 million. Cash App gross profit grew 27% to $2.07 billion,…
Crypto Regulation After the $176M US Midterms
Crypto Regulation has become one of the biggest questions following the 2026 US midterm elections, particularly after cryptocurrency-backed political groups spent approximately $176 million trying to influence congressional races. Despite that…
Bitcoin rebounds from midterm dip as DeFi leads gains
Bitcoin recovered from a dip to around $75,600 as Democrats won Congress, while DeFi tokens led gains and Trump-linked coins fell.
Binance $6.3B Hack Started With a Fake Installer Five Months Earlier
TLDR Binance’s $6.3 billion hack on October 29 traces back to a fake software installer downloaded in June. A fake job recruitment process in September gave attackers a second foothold inside the exchange. CoinEx founder Haipo Yang says three basic…
Judge Orders Bitcoin Wallet Returned to Family of Convicted Canadian Killer
A Nova Scotia judge found prosecutors failed to link William Sandeson's Bitcoin to the 2015 murder of fellow student Taylor Samson.