FTC Compels Nomad Operator to Repay Users After $186M Crypto Bridge Hack in 2022

In brief The FTC said Illusory Systems' Nomad crypto bridge lost $186 million after hackers exploited a poorly tested software update. Regulators alleged the company marketed itself as "security-first" while failing to follow basic coding and incident-response practices. A proposed settlement w

ETH0.69%

USDC0.02%

DAI0.14%

Decrypt·9m ago

Bitcoin Treasury KindlyMD Faces Nasdaq Delisting With Stock Down 99%

KindlyMD faces potential Nasdaq delisting as its stock closed at $0.38, below the $1 minimum. The company must maintain a $1 closing price for at least 10 days by June 2026 to comply, amid challenges following a Nakamoto merger and delayed earnings.

BTC2.21%

Decrypt·24m ago

Trump Is 'Open' to Democrats at SEC, CFTC in Glint of Hope for Senate Crypto Bill

In brief President Trump said he's open to nominating Democrats to the SEC and CFTC, as well as other federal regulators. That stance could help unblock the stalled crypto market structure bill in the Senate, which would hand key powers to both agencies. But the Supreme Court is likely to

Decrypt·48m ago

Shutdown Jobs Data Finally Released, and It’s Not Pretty

The grim unemployment numbers had little impact on bitcoin, which was already in the doldrums, but stocks were sent tumbling. Shutdown Jobs Report: The Official Numbers Are In, and They’re Ugly When economists submitted their predictions of unemployment for the past two months, they expected

BTC2.21%

Coinpedia·1h ago

Hong Kong-Based Redotpay Secures $107M to Expand Stablecoin Payment Services

Redotpay, a Hong Kong fintech specializing in stablecoin payments, raised $107 million in a Series B funding round. With over 6 million users and $10 billion in annualized payment volume, it plans to expand operations and enhance product offerings.

XRP2.33%

Coinpedia·2h ago

After Setbacks, Crypto Bank Custodia Keeps Fight Alive to Gain Fed Master Account

Custodia Bank is requesting an en banc rehearing from the 10th Circuit after losing its bid for a master account from the Federal Reserve. The bank argues this case raises significant constitutional and states'-rights issues.

Decrypt·3h ago

Onchain Treasury Funds Climb Toward $9B Despite Mixed Net Flows

Tokenized Treasury funds pushed closer to the $9 billion mark this week, rising 0.94% over the past seven days as onchain demand for yield-bearing government debt continues to hold firm. Tokenized Treasury Market Inches Higher as Issuers Jockey for Share Data compiled from the tokenized Treasury

ETH0.69%

BNB2.6%

XLM0.26%

USDC0.02%

Coinpedia·5h ago

Hong Kong Court Adjourns $206M JPEX Fraud Case Until March: Report

In brief The JPEX fraud case in Hong Kong has been adjourned until March 16, 2026. Prosecutors say more time is needed to organise extensive case files from a two-year investigation. The JPEX collapse left more than 2,700 victims with losses exceeding $206 million, with influencers accused of p

Decrypt·5h ago

Visa Begins US Stablecoin Settlement via USDC on Solana

In brief Visa will allow partnered issuers and acquirers in the U.S. to settle with stablecoins, starting with USDC on Solana. The expansion follows its global pilots that began rolling out in 2023. Its monthly stablecoin volumes have eclipsed a $3.5 billion annual run rate. Decrypt's

USDC0.02%

Decrypt·6h ago

Russia’s Sberbank Tests DeFi Tools Amid Close Regulatory Oversight

Sberbank, Russia’s largest lender, has begun testing decentralized finance (DeFi) tools, as interest in cryptocurrencies continues to grow among its customers. In an interview with Russian business outlet RBC, Anatoly Popov, a deputy chair of Sberbank’s management board, confirmed the bank is

BTC2.21%

ETH0.69%

TheCryptoBasic·7h ago

The US labor market cools down as the unemployment rate rises to the highest level since 2021

The U.S. labor market showed signs of cooling in November, with unemployment rising to 4.6%. Job growth remains modest, with non-farm employment increasing by 64,000. This reflects growing business caution amid high interest rates and inflation pressures. Overall, the data indicates a rebalancing labor market, which may influence future Fed policy.

TapChiBitcoin·7h ago

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