Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (DeFi) activity in the state while exposing users to serious security risks.
Key Takeaways
A16z, Uniswap Labs, and the DeFi Education Fund warn that…
Binance is preparing to restore withdrawals in phases after its $6.3 billion hack, with reopening dependent on security checks. The exchange committed company funds to replace stolen assets while investigators expanded their review of the breach.
Key Takeaways
Binance…
Chainalysis identified previously unseen laundering patterns as attackers circulated stolen Binance assets through thousands of transactions, suggesting automated efforts to obscure the trail. Its investigation also linked the theft to North Korean hackers.
Key…
Tim Draper warned that businesses could eventually reject dollars in favor of bitcoin, triggering bank runs as demand for fiat currencies erodes. His comments echoed the adoption argument behind his longstanding $250,000 bitcoin forecast.
Key Takeaways
Draper predicted businesses would eventually accept only bitcoin.
His $250,000 target dates to 2018 and has missed earlier deadlines.
Square…
Bitwise raised its long-term bitcoin price forecast to $1.6 million by 2036, increasing its projected annual return despite a volatile year. The outlook rests on institutional adoption, limited supply, and growing demand for protection against currency debasement.
Key…
Binance’s initial investigation points to a possible employee laptop compromise behind a security incident with an estimated $6.3 billion impact. The crypto exchange reported no evidence of a wallet private key leak and pledged to cover all losses.
Key Takeaways
Deposits…
Three bitcoin investors have thrown down $1 million challenges to Jason Calacanis after he declared the cryptocurrency would never reclaim its record high. One offered a decade-long wager, the other just two years, but Calacanis wants a shorter contest. Adding to the stakes, Hollywood producer and bitcoin educator Terence Michael entered the fray.
Key Takeaways
Jason Calacanis’ bleak bitcoin…
Coinbase Denies Platform Intrusion as Vendor Data Leak Emerges
October 29, 2026
Coinbase is facing fresh security questions after a breach at analytics provider Amplitude exposed customer contact information, while unverified claims put the number of affected users above 70,000. The exchange insists its own systems and customer funds remain…
Ripple is approaching a projected $900 million annualized product revenue run rate as institutional custody and payment channels expand around XRP. Its growth strategy combines payments, trading, treasury management, and digital asset infrastructure.
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Crypto.com and OG.com have opened the door to perpetual crypto derivatives for eligible U.S. traders, introducing contracts that never expire and offer up to five times leverage through a federally regulated trading structure accessible to retail and institutional customers.
Key Takeaways
Crypto.com and OG.com launched regulated crypto perpetuals for eligible U.S. traders on Oct.
