Illinois Delays 0.2% Crypto Tax Rollout
Illinois delays 0.2% crypto tax to July 1, 2027, for legal challenges. Critics claim it violates state and federal laws; state officials disagree. #Update #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
NEAR Intents Exploit Hits $3.8 Million
@NEAR Intents reported a $3.8 million exploit linked to irregular withdrawals from a BNB Chain hot wallet, adding to a year of significant crypto security breaches. #Breaking #Crypto $BNB
NEAR Bug Sends $3.8M Racing Across Networks
NEAR Intents lost $3.8M due to an Omni infrastructure bug; funds reached Kucoin and were bridged to $BTC. Affected users will be compensated. #Breaking #Crypto $BTC
Stablecoins Drain $1 Trillion from Banks
Stablecoins are reshaping financial systems, enabling rapid cross-border transactions and posing risks to banks as seen during the USD Coin crisis in March 2023. #Update #Crypto $USDC
EU Bans 11 Games Over Virtual Currency
European consumer authorities are investigating 11 video games, including @Activision’s Diablo Immortal and Mojang’s Minecraft, for in-game currency sales practices. Cryptocurrencies are excluded from these guidelines. #Update #Legal
Crypto Tax Delay Approved in Illinois
Illinois postpones its 0.2% crypto tax for six months after negotiations with the Digital Chamber and Illinois Blockchain Association, pending court approval to address legal disputes. #Update #Legal $BTC
Gaming Mogul Faces $1.9B Divorce Settlement
Kwon Hyuk-bin ordered to transfer 35% of Smilegate to Lee Hwa-jin in a record $1.9B divorce settlement, reshaping company ownership. #Breaking #Legal
Economic Crisis Looms as Peter Schiff Warns
American economist Peter Schiff warns that rising U.S. Treasury yields, now at 5.33%, amid weak economic data could lead to a debt crisis, describing current conditions as unsustainable. #Update #Crypto
Tokenized Assets Diverge from Traditional Markets
Tokenized markets differ from traditional ones, with equities at $34.5B as of Aug 31, while tokenized equities reached $4.43B by Sept 15, just 0.0029% of global equity markets. #Update #Crypto $BTC
Synthetic Tokenized Stocks Threaten American Investors
On September 17, the SEC’s “innovation exemption” allows blockchain venues to list tokenized securities but excludes synthetic tokens, emphasizing real ownership rights for investors. #Update #Crypto $BTC
Cryptocurrency Hack Losses Hit $766M in September
PeckShield reported 55 major attacks on crypto projects in September 2026, with losses totaling $766.49 million, a 462% increase from August; incidents involving Bitget and Liquid Network accounted for over 90%. #Breaking #Crypto $BTC
HSBC Redcoin Launches Payments in Hong Kong
HSBC unveils Redcoin, a stablecoin for transfers and merchant payments in Hong Kong via PayMe and the bank’s app, following regulatory approval. #Update #Crypto
BitMart Launches Three Refund Options for Users
@BitMartExchange has proposed a payout plan for users amid a $319.5 million balance shortfall, offering options for immediate payouts or tokens, with court approval expected in late 2026. #Update #Crypto $USDT
Crypto Hacks Surge to $768M in September
Crypto faced its worst month of 2026 for hacks, with losses exceeding $768 million in September, including major incidents like the $388 million Bitget hack. #Breaking #Crypto $BTC (-8) ↘