Eric Adams’ NYC Token Faces Rug Pull Allegations After Rapid Crash
The NYC token promoted by Eric Adams surged at launch before crashing sharply, as on-chain analysts flagged liquidity withdrawals and raised rug pull allegations.
UK Labour MPs Push to Ban Crypto Political Donations Over Foreign Interference Fears
Senior Labour MPs serving as parliamentary committee chairs are urging the government to ban political donations made in cryptocurrency. They argue that crypto donations could undermine transparency and increase the risk of foreign interference in UK politics.
South Korea Opens the Door to Limited Corporate Crypto Investment
South Korea is reopening corporate access to crypto investment under strict regulatory constraints. The move normalizes limited balance-sheet exposure while keeping systemic risk tightly controlled.
WazirX Completes Recovery Token Allocation After 2024 Hack
WazirX has completed the allocation of recovery tokens to eligible users under its restructuring plan. The move closes a defined phase of the recovery process following the 2024 hack.
Report Says $1B in IRGC-Linked Transactions Routed Through UK-Registered Platforms
Blockchain investigators say two UK-registered crypto companies processed roughly $1 billion in transactions linked to Iran’s IRGC. The case highlights how gaps between registration and supervision can expose the UK financial system to reputational and systemic risk.
Coincheck’s 3iQ Acquisition Signals a Shift Beyond Crypto Trading
Coincheck has agreed to acquire Canadian digital asset manager 3iQ in an all-stock deal valued at roughly $112 million. The move reflects a broader shift among crypto exchanges toward asset management and institutional product distribution.
Colombia Formalizes Crypto Tax Reporting for Exchanges
Colombia has introduced a dedicated crypto reporting regime under Resolution 000240, requiring exchanges to disclose user and transaction data to tax authorities. The move implements the OECD’s Crypto-Asset Reporting Framework and strengthens DIAN’s ability to verify crypto-related tax declarations starting with the 2026 tax year.
Zcash Developer Exit Triggers Governance Questions and Sharp ZEC Sell-Off
The entire Zcash development team employed by Electric Coin Company departed following a governance dispute with the Bootstrap board. The exit triggered a sharp ZEC sell-off as markets priced in execution and coordination risk rather than technical failure.
Wyoming’s Stablecoin Isn’t Really a Stablecoin
Wyoming’s FRNT is widely described as the first state-issued stablecoin. A closer look at its structure shows a tokenized public cash instrument that keeps reserve yield within the public treasury.
Why the US Crypto Market Structure Bill Keeps Slipping
Reports now suggest US crypto market structure legislation may not be finalized until 2027, with implementation stretching toward 2029. Unresolved questions around regulatory authority, DeFi definitions, and ethics provisions continue to slow progress despite procedural momentum.
