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Found 11133 news

  • Grayscale forms trusts tied to potential BNB and HYPE ETFs
    Cointelegraph.com - 11:57 Jan 09, 2026
    Grayscale registered Delaware trusts linked to potential BNB and HYPE ETPs, an early step that often precedes but does not guarantee ETF filings. Asset manager Grayscale has taken an early step toward expanding its crypto investment lineup by forming new Delaware statutory trusts tied to potential products linked to BNB and HYPE, according to state records. According to Delaware records, the trusts were registered on Thursday. They list CSC Delaware Trust Company as their registered agent. Such trust formations are common preparatory steps for asset managers considering exchange-traded fund (ETF) launches before filing official applications at the US Securities and Exchange Commission, but they do not indicate any regulatory approvals or confirm that filings have been submitted.  The inclusion of BNB (BNB) and Hyperliquid (HYPE) stands out, as most US-listed crypto ETFs tend to focus on Bitcoin (BTC) and Ether (ETH), with only a handful of altcoin-linked products gaining ground.  Read more
  • Zcash sees developer slowdown as ZEC extends two-month slide
    Cointelegraph.com - 10:54 Jan 09, 2026
    Zcash developer activity has fallen to its lowest level since 2021 as a governance dispute weighs on sentiment and ZEC extends a two-month decline. Developer activity linked to the privacy-focused cryptocurrency Zcash has fallen to its lowest level in years, as a governance dispute and a prolonged price decline weigh on the project’s ecosystem. Data from market intelligence company Santiment shared in a Thursday X post showed that developer activity tied to Zcash dropped to its weakest level since November 2021. Over the same period, the Zcash (ZEC) token has fallen about 40% over the past two months. “Historically, rising development activity leads to standout altcoins being able to emerge above the pack. The opposite result holds true for those that ‘let off the gas’ and decline in their efforts to consistently innovate and improve,” said Santiment. Read more
    Tags: Zcash
  • Vulnerability found in Babylon staking code could slow block production
    Cointelegraph.com - 10:14 Jan 09, 2026
    A newly discovered vulnerability may enable malicious validators to omit the hash field when posting blocks, leading to validator crashes and slowing block production. A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers. The vulnerability affects Babylon’s block signature scheme, known as the BLS vote extension, which is used to prove that validators have agreed on a block. The bug enables malicious validators to intentionally omit the block hash field when sending their vote extension, which could lead to validator consensus issues during the epoch boundaries of the network, according to a GitHub post published on Thursday. Read more
    Tags: Babylon
  • Bitcoin and Ether ETFs shed over $1B as early 2026 inflows reverse
    Cointelegraph.com - 09:34 Jan 09, 2026
    After a brief January rebound, US spot Bitcoin and Ether ETFs saw heavy redemptions, extending a cautious trend that began after October’s market reset. United States spot Bitcoin and Ether exchange-traded funds (ETFs) have shed over $1 billion in combined outflows since Tuesday, marking an early-year pullback after a brief rebound to start 2026.  SoSoValue data shows spot Bitcoin (BTC) ETFs recorded $1.13 billion in outflows between Tuesday and Thursday, offsetting $1.17 billion in inflows on Jan. 2 and Monday. Spot Ether (ETH) ETFs had a similar pattern, with about $258 million exiting since Wednesday, after posting modest inflows earlier in January.   The reversal erases gains accumulated in the opening days of the year and signals renewed caution among investors. It also suggests that early inflows were fragile, with investors trimming exposure as sentiment softened.  Read more
  • FCA sets September 2026 start for UK crypto licensing applications
    Cointelegraph.com - 09:02 Jan 09, 2026
    UK crypto businesses must secure FCA authorization well before the crypto regime starts in October 2027 or face transitional restrictions on new services. Financial authorities in the United Kingdom set a timeline for a new crypto licensing regime, requiring aspiring companies to seek full authorization before the framework comes into force. Crypto asset service providers (CASPs) will be able to apply to enter the UK under the crypto licensing regime starting this fall, the Financial Conduct Authority (FCA) said Thursday. “We expect the application period will open in September 2026,” the FCA noted, adding that the timeline will be confirmed in due course. Read more
  • South Korea’s top court rules exchange-held Bitcoin can be seized
    Cointelegraph.com - 08:49 Jan 09, 2026
    The ruling confirms that Bitcoin in South Korean exchange accounts is an “object of seizure” under criminal law, aligning Seoul with US and EU enforcement practices. South Korea’s Supreme Court handed down its first explicit ruling that Bitcoin held in centralized exchanges can be seized by investigators, marking a notable shift in how exchange‑custodied crypto is treated under criminal law.  In a decision on Dec. 11, 2025, and disclosed via the court’s official bulletin, the court upheld the seizure of 55.6 Bitcoin (BTC) held in a Korean exchange account by a suspect under a money laundering investigation. Bitcoin is now an “object of seizure” under the Criminal Procedure Act because it is electronic information with independent manageability, tradability and economic value.  Read more
  • Iran is cut off from the internet: Here’s how crypto could still work
    Cointelegraph.com - 06:24 Jan 09, 2026
    Protests began in Iran in response to worsening economic conditions and as the Iranian rial hit record lows against the US dollar. Internet access in Iran was cut on Thursday by the government as protests spread across the Middle Eastern country, raising the question: Can its citizens still use crypto?  Around seven million people, out of the country’s 92 million population, are estimated to be crypto users, according to Statista. TRM Labs tracked roughly $3.7 billion in total crypto flows in Iran between January and July 2025. But internet access has been cut off in the country as protests began over worsening economic conditions, and after the Iranian rial hit record lows against the US dollar. Read more
    Tags: Iran
  • Crypto market crash last October marked end of ‘easy yield’ era: BitMEX
    Cointelegraph.com - 06:03 Jan 09, 2026
    BitMEX says the era of easy money via arbitrage trades likely died in the October crash, as a liquidation spiral left many market makers naked. The massive crypto crash in October decimated market makers, ending an era where crypto traders were able to make easy money, says crypto exchange BitMEX. The crash between Oct. 10 and 11 wiped out $20 billion in the “most destructive event for sophisticated market makers in crypto history,” BitMEX said in its State of Crypto Perpetual Swaps in 2025 report released on Thursday. A feedback loop of auto-deleveraging, where exchanges liquidate profitable, leveraged positions to cover themselves and prevent further losses, broke the market makers’ “‘safe’ delta-neutral strategies,” forcing them to pull liquidity and leave orderbooks at multi-year lows, BitMEX said. Read more
  • Coinbase lands 2nd ‘buy’ rating in a week, with BofA seeing 38% upside
    Cointelegraph.com - 01:33 Jan 09, 2026
    Bank of America has upgraded Coinbase's rating on reversing short interest and tax-loss harvesting, while the exchange is broadening its vision to put the financial system onchain. Bank of America has joined Goldman Sachs in lifting Coinbase from “neutral” to “buy” this week, citing Coinbase’s lead role in bringing the financial system on-chain and becoming an “everything exchange.” In a research note released on Thursday, BofA said Coinbase’s expansion from trading to tokenizing real-world assets, including stocks and exchange-traded funds, as well as its move into prediction markets, is positioning it to cross-sell more products to new and future users and lead a “new financial system.” BofA said Coinbase (COIN) shares could rise around 38% from their current price to reach $340 as short interest in COIN reverses, while the tax-loss harvesting pressure seen in late Q4 is easing. Read more
  • Revived NY bill targets sports, politics and death prediction markets
    Cointelegraph.com - 01:30 Jan 09, 2026
    New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others. New York Assemblyman Clyde Vanel has reintroduced legislation to the US state’s lower house that aims to restrict what event contracts prediction markets such as Kalshi and Polymarket can offer. Vanel resubmitted the Oversight and Regulation of Activity for Contracts Linked to Events, or ORACLE Act, to the New York State Assembly on Wednesday, which was first introduced in November and aims to ban certain markets tied to politics, sports, the stock market and others. Prediction markets have gained popularity over the past year and offer bets on a range of events, but markets on sports are a particular money maker, with Foresight Ventures research finding up to 90% of Kalshi’s volume was tied to sports. Read more
  • Nexo to offer zero-interest crypto lending for BTC and ETH holders
    Cointelegraph.com - 22:03 Jan 08, 2026
    The offering expands Nexo’s structured lending products to Bitcoin and Ether holders amid a broader recovery in crypto-backed lending. Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans. According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and can be repaid using either stablecoins or collateral, depending on market conditions. The offering expands a structured lending model that had previously been available only through Nexo’s private and OTC channels, where it facilitated more than $140 million in borrowing during 2025, according to the company. Read more
    Tags: Nexo
  • CFTC issues no-action letter to Bitnomial, clearing way for event contracts
    Cointelegraph.com - 21:42 Jan 08, 2026
    The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year. The Commodity Futures Trading Commission (CFTC), a US financial regulator, issued a no-action letter to crypto derivatives exchange Bitnomial on Thursday, clearing the way for the exchange to offer event contracts and prediction markets. The CFTC letter alleviates Bitnomial from the strict reporting requirements for asset swaps under current US rules, a hurdle that is impractical for fast-moving platforms like prediction markets, where tens of thousands of these swaps may occur in a day. Bitnomial must still provide transparent consumer-facing data on its website, including timestamps and sales data for contract markets, and provide relevant data to the CFTC when requested, according to the terms of the letter. All positions must also be collateralized, meaning they cannot be leveraged and must be backed 1:1 to ensure liquidity and prevent cascading liquidations that thr...
  • Donald Trump will not consider pardon for Sam Bankman-Fried: NYT
    Cointelegraph.com - 21:35 Jan 08, 2026
    The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry. US President Donald Trump reportedly will not grant a pardon to Sam “SBF” Bankman-Fried, who is serving a 25-year sentence for his role in the collapse of cryptocurrency exchange FTX. According to a Thursday interview with Trump by The New York Times, the president said he had no intention of pardoning Bankman-Fried and others, including music producer Sean Combs and former New Jersey Senator Robert Menendez. Bankman-Fried has been behind bars since August 2023 when a federal judge revoked his bail before his criminal trial.  In the same interview, Trump pushed back against questions regarding potential conflicts of interest with the cryptocurrency industry. The president and his family have connections to the Bitcoin mining company American Bitcoin, the platform behind the USD1 stablecoin World Liberty Financial and through his personal memecoin, Official Trump (...
  • Bitcoin bulls chase $91K as early 2026 rally finds sustained volume
    Cointelegraph.com - 20:55 Jan 08, 2026
    Bitcoin bulls are making a run on $91,000 as start-of-the-year trading volumes highlight the market’s expectation of a positive Q1. Bitcoin’s start of year rally ran into stiff resistance near $93,000, triggering a pullback that has shifted the market’s focus back to key support levels. While the higher-time-frame (HTF) structure still looks fragile, the lower time-frame (LTF) signal suggests bulls may yet have room to regain control if critical levels hold. Key takeaways: Bitcoin rejected at $93,000 for the third time, slipping back toward weekly lows near $89,250. Read more
    Tags: Bitcoin
  • Truebit token price falls 99% after reports of $26M exploit
    Cointelegraph.com - 20:18 Jan 08, 2026
    The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether. The Truebit protocol reported a security incident “involving one or more malicious actors” with a smart-contract address suggesting the loss of $26 million worth of Ether. In a Thursday X post, Truebit said it was in contact with law enforcement and “taking all available measures” following the security incident. Crypto sleuths monitoring the protocol reported that the exploit had resulted in the removal of 8,535 Ether (ETH), worth about $26.6 million at the time of publication. The affected smart contract address provided by Truebit showed only small amounts of ETH stolen. However, analysis from Lookonchain and other sleuths signaled that the total amount of crypto stolen in the attack was worth more than $26 million. Read more
    Tags: Truebit
  • Temple Digital Group launches 24/7 institutional trading built on Canton
    Cointelegraph.com - 20:13 Jan 08, 2026
    The platform offers a private, non-custodial venue for regulated institutions to trade cryptocurrencies and stablecoins. Temple Digital Group has launched a private, institutional trading platform built on the Canton Network, offering continuous, 24/7 trading of digital assets using a central limit order book and non-custodial market structure. According to an announcement shared with Cointelegraph on Thursday, the platform supports trading in cryptocurrencies and stablecoins and is designed to allow institutions to transact with approved counterparties while maintaining privacy and regulatory oversight, with participants retaining custody of assets rather than relying on a central intermediary. The system is built around a price-time priority central limit order book with sub-second matching and includes execution monitoring and transaction cost analysis tools intended for institutional trading desks, the company said. Read more
  • Morgan Stanley to launch digital asset wallet as part of crypto product expansion
    Cointelegraph.com - 19:58 Jan 08, 2026
    The wallet, expected to launch this year, will support cryptocurrencies and RWAs as the financial services company adds to its suite of crypto investment products. Morgan Stanley has plans to launch a digital asset wallet in 2026 as the financial services giant continues expanding its crypto investment product offerings to clients.  The wallet is built to support cryptocurrencies and real-world tokenized assets (RWAs), including stocks, bonds and real estate, with plans to support more assets over time, according to Barron's.  In September, the company announced that it would allow users of the E*Trade brokerage platform, which it owns, to trade cryptocurrencies including Bitcoin (BTC), Solana (SOL) and Ether (ETH) in 2026. Read more
  • Coincheck to acquire digital asset manager 3iQ in $112M stock deal
    Cointelegraph.com - 18:14 Jan 08, 2026
    The transaction would give the Japanese exchange operator control of the Canadian asset manager, expanding its presence in regulated investment products. Coincheck Group, the Nasdaq-listed holding company behind one of Japan’s largest cryptocurrency exchanges, has agreed to acquire a 97% stake in Canadian digital asset manager 3iQ from its majority owner, Monex Group. The stock-purchase transaction values 3iQ at $111.84 million, using Coincheck Group shares priced at $4 each. Coincheck Group said it intends to offer the same terms to 3iQ’s minority shareholders, which would give it full ownership if the deal is completed.  The deal is expected to close in the second quarter, subject to regulatory approvals and other customary conditions. Read more
  • BlackRock adds $900M BTC as Bitcoin long-term selling falls to 2017 lows
    Cointelegraph.com - 18:05 Jan 08, 2026
    BlackRock added close to 9,000 BTC during the first week of January, rebuilding exposure after an end-of-year drawdown in 2025 and pointing to early signs of BTC accumulation. BlackRock’s fresh round of Bitcoin (BTC) buying takes place alongside a sharp slowdown in long-term selling, a combination that points to cooling downside pressure after the recent market pullback in  Q4.  Key takeaways: BlackRock added nearly $900 million worth of Bitcoin in the first week of January, rebuilding exposure after an end-of-2025 drawdown. Read more
  • Why South Korea is struggling to decide who can issue stablecoins
    Cointelegraph.com - 17:30 Jan 08, 2026
    South Korea’s stablecoin rules are stalled as regulators clash over whether banks or fintechs should issue won-backed tokens. Korea’s crypto bill is stalled over stablecoin issuer rules. The central bank wants banks to remain in control, often framed as a “51%” threshold. Regulators and lawmakers fear a bank-only model would limit competition. Read more

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