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NEAR Token Jumps 17% After ‘Confidential Intents’ Launch, Outpacing Privacy Token Sector

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The NEAR token soared as much as 17% after the launch of “Confidential Intents,” a new private execution layer designed to shield transactions from public view, extending a 40% weekly rally and outperforming both the CoinDesk 20 Index and the broader privacy token sector. The feature was first revealed last week at NEARCON in San […]

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South Korea investigates $4.8 million crypto theft after photo mistake in tax seizure

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South Korean tax authorities lost $4.8 million in seized crypto after displaying the seed phrases of affected wallets in a photograph covering the February 26 event. The crypto was caught immediately after the National Tax Service (NTS) shared a photo containing hardware wallets and their passphrases. The department apologized for the incident, Asia Business Daily

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Australia could unlock A$24 billion in digital finance gains, says OKX report

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Australia has just 26 million people, but OKX is betting the country could become one of the most important digital financial markets in the developed world if policymakers act fast enough. A new bourse-backed report estimates Australia could unlock A$24 billion ($17 billion) in annual economic gains from marketplaces, payments and tokenized assets, provided lawmakers

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US Senate Housing Bill Includes Ban on CBDCs

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The Senate Banking, Housing and Urban Development Committee included a provision temporarily banning the Federal Reserve from issuing a central bank digital currency in its bipartisan bill aimed at boosting U.S. housing. The “21st Century ROAD to Housing Act,” introduced Monday by Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, the committee’s ranking Republicans

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Michael Saylor’s MSTR added 3,015 BTC for $204.1 million

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Strategy (MSTR), the largest publicly traded company holding Bitcoin, expanded its position last week by acquiring 3,015 BTC for approximately $204.1 million, an average price of $67,700 each. Bitcoin is trading at $66,000 as of Monday morning, with MSTR shares flat in early action. To fund the purchases, Strategy raised approximately $229.9 million through the

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Japanese payments company PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

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PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise up to $1.1 billion in a U.S. IPO, Reuters reported on Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American depositary shares priced between $17 and $20 each, according to the report.

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Core Scientific falls after disappointing fourth quarter results

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Core Scientific (CORZ), a Bitcoin mining and digital infrastructure company, reported fourth-quarter revenue of $79.8 million for the period ended Dec. 31, up from $94.93 million a year earlier. The consensus was for revenue of $122.08 million, according to LSEG data. The company reported a loss of $0.42 per share, compared to an expected loss

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Iranian crypto outflows jumped 700% minutes after airstrikes, says Elliptic

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Crypto outflows from Iran’s largest exchange jumped 700% minutes after the first US-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a blog post on Monday. Elliptic said trading volumes flowing out of Nobitex increased almost immediately after the strikes, suggesting a rush to offshore funds. Initial blockchain tracing indicates that the crypto was

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Qivalis in talks with crypto exchanges ahead of Euro stablecoin launch

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Qivalis, the group of European Union banks developing a MiCA-compliant euro stablecoin, is in advanced discussions with crypto exchanges, market makers and liquidity providers as it prepares to roll it out in the second half of this year, Spanish business daily Cinco Días reported on Monday. The group, which includes ING, UniCredit, BNP Paribas, CaixaBank

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