CME Group CEO Terry Duffy highlighted potential tax implications stemming from an ongoing legal battle over whether perpetual futures contracts should be classified as swaps or futures, a distinction that could affect how the IRS taxes these popular crypto derivatives.
The cryptocurrency industry suffered $1.1 billion in security losses during the first six months of 2026, spanning 212 verified incidents, according to a report published by blockchain security firm Blockaid.
Emirates has integrated Crypto.com Pay on its website and mobile app, enabling eligible UAE residents to book flights using cryptocurrency with payments settled in UAE dirhams. The launch represents the airline's expansion of digital payment options aligned with Dubai's digital economy initiatives.
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business from Magic Labs, which is simultaneously undergoing a restructuring and rebranding to Newton Labs.
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business from Magic Labs, which is simultaneously undergoing a restructuring and rebranding to Newton Labs.
Coinbase CEO Brian Armstrong publicly criticized crypto firms pivoting to AI as 'zero-sum thinking,' arguing instead that cryptocurrency will become more important in the AI era as autonomous AI agents need programmable money for transactions without traditional banking infrastructure.
World, the biometric identity verification startup co-founded by OpenAI CEO Sam Altman, raised $52.5 million through a token sale led by Pantera Capital while celebrating its third anniversary and launching Phase 3 of its expansion plan. The company's proof-of-human verification is now being integrated into applications including Tinder, Zoom, and concert ticketing platforms.
The World Foundation, steward of Sam Altman's World Network, raised $52.5 million through a strategic WLD token sale to expand its World ID 'proof of human' verification system. Pantera Capital led the funding round with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto, with investors joining a 12-month lockup period.
Institutional crypto and FX trading platform LMAX Group is exploring strategic alternatives including a potential sale, IPO, or SPAC merger, with Morgan Stanley and KBW serving as advisors. The London-based firm, which reported $8.2 trillion in trading volume, could seek a valuation of up to $5 billion, with Nasdaq reportedly the preferred listing venue.
Crypto payment platform MoonPay has added Discover Network as its third major U.S. card network, alongside Visa and Mastercard. The integration allows eligible Discover Network cards to be used for cryptocurrency purchases and sales through MoonPay, while MoonPay said U.S. cardholders can buy thousands of supported tokens, including Bitcoin, Ethereum, XRP, and Solana.
Samsung Electronics revealed plans to integrate stablecoin support into Samsung Wallet during its Galaxy Unpacked 2026 event, aiming to transform the platform into a comprehensive financial ecosystem connecting payments, rewards, and digital assets for Galaxy device users.
Hackers compromised Robinhood CEO Vlad Tenev's verified X account on July 23, 2026, using it to promote a fake memecoin called Vladhood ($VLAD) that was flagged as a potential scam. The fraudulent post falsely claimed the token was Robinhood Chain's official mascot and would be listed in the Robinhood app. On-chain monitor MLM estimated that the attacker generated around 650 ETH in proceeds, worth approximately $1.2 million to $1.3 million.
A report commissioned and funded by the National Cryptocurrency Association and conducted by Pragmatic Policy Group estimates that the U.S. cryptocurrency industry directly employs 34,000 people, supports 232,000 jobs in total through supplier activity and worker spending, and will contribute more than $55 billion to U.S. GDP in 2026.
Blockchain security firm CertiK recorded 52 verified physical attacks on cryptocurrency holders in the first half of 2026, a 33.3% increase from 39 incidents a year earlier. Recorded financial exposure, including ransom demands and stolen funds, rose to $124.1 million from $10.5 million.
Crypto trading platform Uphold has launched a new equities service allowing U.S. customers to trade more than 4,000 U.S. stocks and ETFs, including fractional shares, directly from their crypto holdings without transferring funds to another platform.
Jordan Fish (Cobie), a Coinbase product executive, publicly acknowledged that the company and its Base blockchain platform have become too distant from crypto-native users and eroded community trust through preventable errors. The admission comes amid growing criticism and leadership changes at the company.
JCB, Japan's largest bank card issuer with 140 million users worldwide, has announced a partnership with Circle to integrate stablecoin payment capabilities into its network, bringing cryptocurrency payments to regular retail stores.
Vanguard, the world's second-largest asset manager with roughly $12 trillion in assets, has posted a job opening for a Head of Digital Assets to shape the firm's cryptocurrency strategy and represent it with regulators, marking a significant reversal from its longtime crypto-skeptical stance.
Ripple secured full Crypto Asset Service Provider (CASP) authorization from Luxembourg's financial regulator, completing its approval under the EU's Markets in Crypto-Assets (MiCA) framework. This allows Ripple to offer crypto services across all 30 EEA countries.
A new Ethereum-focused nonprofit called Ethereum Institutional has launched with backing from Standard Chartered, Consensys CEO Joseph Lubin, Tom Lee's BitMine, and SharpLink Gaming. The launch comes just nine days after EthLabs debuted, marking a rapid expansion of Ethereum's institutional support infrastructure.
Cryptocurrency companies have spent $189 million on the 2026 U.S. midterm elections, making the crypto industry the single largest corporate political spender in American politics and surpassing their total spending from the entire 2024 election cycle, according to a Public Citizen report.
The Ethereum Foundation laid off 54 employees (roughly 20% of staff) and announced a 40% budget reduction as part of a months-long reorganization to become a leaner, endowment-based organization. The cuts follow the recent resignation of co-Executive Director Hsiao-Wei Wang.
Trent VanEpps, former Ethereum Foundation contributor, warned that Ethereum's core development ecosystem could face a funding crisis within 3-9 months. Tom Lee countered there is 'zero chance' of a shortfall, highlighting disagreement over the network's financial sustainability.
Stablecoin issuer Tether Holdings led a $1.4 billion Series C funding round for German startup Neura Robotics, which develops AI-powered humanoid robots. The round also included participation from Qualcomm, Nvidia, and Amazon, marking one of the largest investments in physical AI and humanoid robotics to date.
SBI Shinsei Bank will begin a pilot program on June 10 allowing its 4.33 million depositors to receive vouchers worth 20% of their interest payments, redeemable for Bitcoin, Ethereum, and XRP. The three-month program represents a novel integration of traditional banking with cryptocurrency rewards.
Attackers compromised private keys of a Humanity Protocol foundation member through an employee laptop breach, draining over $32-36 million worth of H tokens from multiple wallets. The decentralized identity project's token plunged between 73-89% as attackers dumped stolen tokens for ether.
Syscoin halted its bridge after an attacker exploited a validation issue to mint approximately 5 billion unauthorized SYS tokens on the network's UTXO chain. The project is tracing the unauthorized tokens and investigating the breach.
Cosmos Labs, the core development team behind the Cosmos blockchain ecosystem, has acquired the Mintscan block explorer product suite and launched Cosmos Labs Korea Co., Ltd., a new Seoul-based subsidiary to expand infrastructure and strengthen its presence in the Korean market.
Sui has launched confidential transfer capabilities using range proofs to enable private transactions while maintaining supply controls, as law enforcement agencies warn of increasing cryptocurrency scams targeting soccer fans through fake FIFA websites during the World Cup.
The cryptocurrency industry has rapidly grown into a significant political force in American elections, spending millions on campaigns, while House Financial Services Committee Chair Rep. French Hill discusses outstanding tokenization policy issues in recent interview.
Gravity Bridge, the cross-chain bridge connecting Ethereum and Cosmos, was exploited for approximately $5.4 million in digital assets including $4.3 million in USDC and 274 ETH, with investigators pointing to a compromised signing key rather than a smart contract vulnerability.
Ethereum co-founder Vitalik Buterin responded to community criticism by announcing the Ethereum Foundation will become a 'smaller ship' focused on CROPS (core research), sell less ETH, and expand its board to reduce his personal influence. The announcement comes amid an exodus of top researchers from the foundation.
Hacking group TeamPCP claims to have breached GitHub's internal systems and stolen data from nearly 4,000 private repositories. Binance founder CZ and others urged crypto developers to rotate API keys immediately.
Ripple's institutional lending arm Ripple Prime closed a $200 million debt facility from asset manager Neuberger Berman to scale its crypto lending operations and launch margin trading services for institutional clients.
Blockchain security firm CertiK projects that 2026 will close with approximately 130 crypto wrench attacks (physical violence against digital asset holders), calling it a significantly underreported phenomenon with hundreds of millions in potential losses.
BNY, the world's largest custodian bank with nearly $59 trillion in assets, is expanding its digital asset custody services into the UAE through local partnerships as institutional demand for secure custody in the region surges.
Morgan Stanley began offering cryptocurrency trading through its E*TRADE platform at 0.5% transaction fees, undercutting competitors like Coinbase, Robinhood, and Schwab in a move that intensifies pricing competition among traditional finance firms entering crypto.
Andreessen Horowitz's crypto division announced its fifth dedicated crypto fund with $2.2 billion raised, marking one of the largest crypto venture funds launched in 2026 and bringing total commitments across all a16z crypto funds to over $7 billion.
Stablecoin issuer Tether posted over $1 billion in Q1 profit and reached a record $8.23 billion reserve buffer, while announcing that its first full audit has begun. The company holds approximately $141 billion in U.S. Treasuries.
Tether has proposed merging NYSE-listed bitcoin treasury company Twenty One Capital with Strike and Elektron Energy, with Strike CEO Jack Mallers and Elektron founder Raphael Zagury taking executive roles. Twenty One Capital shares rose on the news.
Independent researcher Giancarlo Lelli broke a 15-bit elliptic curve key on publicly accessible quantum hardware, winning Project Eleven's 1 BTC Q-Day Prize. The largest public demonstration yet of a quantum attack on Bitcoin-class cryptography, achieved on commodity cloud hardware rather than a national lab.
Maritime risk firm MARISKS warned that shipping companies stranded near the Strait of Hormuz are being targeted by scammers posing as Iranian authorities, demanding Bitcoin or USDT payments for 'safe passage,' with at least one ship potentially falling victim.