Coinbase plans to expand its Singapore office from 150 to about 200 employees by the end of 2026 as it expands its presence in the Lion City. Cryptocurrency exchange Coinbase reportedly plans to expand its presence in Singapore and grow its headcount from 150 to about 200 staff members by the end of 2026. The cryptocurrency exchange is mainly looking to hire more engineers, customer service, relationship management staff and institutional sales representatives for its Singapore office, which opened at One Raffles Quay on Wednesday, Hassan Ahmed, Coinbase’s country director for Singapore, told the Business Times in an interview. Ahmed said that Singapore is increasingly becoming a strategic hub for cryptocurrency innovation. Coinbase received a major payment institution license from the Monetary Authority of Singapore (MAS), the city-state’s central bank, in October 2023, enabling it to expand its services to Singaporean individuals and institutions. Read more
Grayscale’s head of research said that Bitcoin may have bottomed, arguing that macro factors, such as interest rate decisions as increasingly driving the price action of this maturing asset class. Crypto-focused asset manager Grayscale said that Bitcoin’s price may have bottomed earlier than the traditional four-year cycle, which would imply a cycle low in September or October. Grayscale’s head of research, Zach Pandl, argued that Bitcoin (BTC) has “grown up” as an asset and is increasingly driven by macroeconomic factors. “If the Fed forgoes rate hikes and economic growth holds up well, Bitcoin’s price may already have bottomed,” Pandl wrote in a Wednesday report. Read more
Crypto home invasions rose to 20 in H1 2026 from one a year earlier, while France accounted for 33 of 52 verified wrench attacks, according to CertiK. Home invasions became the most common form of crypto wrench attacks during the first half of 2026, rising to 20 publicly reported incidents from just one a year earlier, according to blockchain security firm CertiK. On Thursday, CertiK said it verified 52 wrench attacks worldwide in the first half of 2026, up 33.3% from 39 incidents during the same period in 2025. Kidnappings rose to 16 from 12, while robberies declined from five incidents to one. CertiK said the recorded financial exposure linked to the attacks reached about $124.1 million, up from $10.5 million a year earlier. The figure is not limited to confirmed thefts and may include ransom demands, victim transfers, frozen or recovered assets and failed ransom demands. Read more
BitMEX announced it will shut down operations on Sept. 23, 2026, after owner HDR Global Trading Limited decided to close the crypto exchange. BitMEX, one of the pioneers of cryptocurrency derivatives trading, announced it will shut down operations after owner and operator HDR Global Trading Limited decided to close the company following a strategic review. BitMEX announced Thursday that it will stop exchange services on Sept. 23, 2026, at 04:00 UTC and urged users to close positions and withdraw funds before the deadline. “We want to reassure you that your assets remain fully safe and under your control during this transition period,” BitMEX said in a statement to users. Read more
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset protections are unchanged. Mirae Asset Consulting, an affiliate of one of South Korea’s largest financial groups, has completed its acquisition of a controlling stake in South Korean crypto exchange Korbit, becoming the exchange’s largest shareholder after completing regulatory procedures. Korbit said in a Thursday announcement published on its website that its operating entity remains unchanged and that trading, deposits and withdrawals will continue without interruption. The exchange added that customer assets remain segregated under South Korea’s Virtual Asset User Protection Act. Read more
US spot Bitcoin ETFs recorded $69 million in inflows on Wednesday, extending their inflow streak to seven sessions and bringing total inflows during the period to nearly $1 billion US-listed spot Bitcoin exchange-traded funds (ETFs) have totaled about $1 billion in net inflows over seven straight trading sessions. Spot Bitcoin ETFs recorded $68.99 million in net inflows on Wednesday, bringing cumulative inflows since July 14 to $999.38 million, according to data from SoSoValue. The current streak remains below April’s nine-session run, when spot Bitcoin ETFs attracted $2.1 billion in net inflows. Read more