South Korea confirmed that crypto taxes will take effect in January 2027. Taxation applies to profits over 2.5 million KRW annually. The tax rate is 22% (20% national + 2% local). South Korea has finalised its official schedule for taxing digital assets. The government will start collecting taxes from cryptocurrency transactions on January 1, 2027. […]
BNY is expanding digital asset custody services to Abu Dhabi and the UAE. It is partnering with Finstreet and ADI Foundation in ADGM. The launch starts with Bitcoin and Ether custody, with more assets planned later. BNY is changing the face of finance in the Middle East. The world’s largest custody bank just unveiled a […]
U.S. retail traders can now access regulated crypto spot margin trading with up to 10x exposure. Kraken is opening regulated spot margin trading to eligible U.S. customers. Retail traders in the U.S. can now access spot margin products that were previously limited to institutions and high-net-worth clients. Kraken said the service offers up to 10x […]
Hyperliquid whales have reached a new 2026 record for sustained net long exposure, per latest Glassnode data. Platform open interest has surpassed $8.7B, with HIP-4 live and Portfolio Margin scaling across HyperCore. Contributor unlocks came in 90% below projections, easing supply pressure as spot ETF access draws closer. Hyperliquid whales have hit a new record […]
Chainlink trades near $9.99 after clearing its $9.93 range high, with $11.97 and $12.87 as key upside levels. Chainlink is testing a key breakout after months of sideways trading between $8.24 and $9.93. LINK recently traded near $9.99 on the daily chart, placing price just above the upper range. Traders are now watching whether the […]
MoonPay acquires DFlow in a $100M stock deal, adding Solana trading infrastructure and $50B in processed volume. MoonPay has acquired Solana trading infrastructure firm DFlow in a $100 million all-stock deal. The acquisition adds DFlow’s execution platform, DEX aggregation tools, and prediction markets API to MoonPay’s expanding crypto payments and onchain services business. MoonPay Adds […]
Binance adds Withdraw Protection to freeze on-chain withdrawals for 1 to 7 days and block forced crypto transfers. Binance has added a Withdraw Protection feature aimed at blocking forced crypto transfers made under physical threat. The tool freezes on-chain withdrawals for a chosen period, while account access and trading functions remain active. The feature addresses […]
Arkham-linked Multicoin wallet stakes $28.45M in HYPE, while three addresses move $82.02M to HyperCore as HYPE nears $44. An Arkham AI-labeled wallet linked to Multicoin Capital has moved $28.45 million in HYPE to HyperCore stake. Two other wallets made similar moves at the same time, bringing the total to $82.02 million in HYPE. The transfers […]
Coinbase to cut 14% of staff as Brian Armstrong says AI is speeding coding, automating workflows, and reshaping teams. Coinbase plans to reduce about 14% of its staff as artificial intelligence reshapes its operating model. Chief Executive Brian Armstrong told employees the company must become leaner, faster, and more AI-native. The move comes as the […]
The Moscow Exchange will begin calculating indices for Solana, Ripple, Tron, and Binance Coin starting May 13, 2026. These four new trackers expand the exchange’s digital asset lineup to six major cryptocurrencies. The values are calculated as a weighted average of data from Binance, Bybit, OKX, and Bitget. The Moscow Exchange is moving towards a […]