Author: Kryptonews

Japanese banking giant Nomura will reportedly reduce its exposure to crypto, citing the current tough market climate and a dip in profits from overseas in the third quarter.Nomura chief financial officer Hiroyuki Moriuchi said that the firm would look to reduce its risk exposure at its European digital asset subsidiary Laser Digital Holdings, after it posted losses in the quarter ending Dec. 31, Bloomberg Japan reported on Friday.Moriuchi said that while its subsidiary took a hit amid the crypto market turbulence, the firm will manage its stability through stringent position management over the next few months. He added that its commitment…

Activity on major altcoin networks, namely Solana and Ethereum, saw major milestones in January. Daily active addresses on Solana consistently topped 5 million in the second half of the month.Ethereum overtook major layer 2s in December in terms of daily active addresses after major upgrades to the network. In January, the network marked a 25% increase in daily active addresses amid efforts from developers to “future proof” Ethereum.Seven Bitcoin (BTC) miners in the US are in a critical storm zone and may need to temporarily scale back their mining activities as a winter storm rocked power grids and left thousands…

The value of cryptocurrency stolen through exploits and scams reached $370.3 million last month, the highest monthly figure in 11 months and a nearly fourfold rise from January 2025. Crypto security company CertiK said on Saturday that of the 40 exploit and scam incidents over January, the majority of the total value stolen came from one victim that lost around $284 million due to a social engineering scam.A significant portion of the more than $370 million stolen came as a result of phishing scams, which stole $311.3 million over the month.January’s figure is the largest monthly loss of crypto since February…

Cryptocurrency exchanges Phemex and Binance are among the top players within the dynamic cryptocurrency trading industry. Our Binance vs Phemex crypto exchange comparison delves into particular aspects of both platforms. Among the factors we will examine are their backgrounds, trade volumes, supported cryptocurrencies, fee structures, and security features. By examining the key factors that distinguish these two platforms, our guide will provide you with the insight you need to choose the exchange that best suits your trading needs.                 Phemex OverviewPhemex is a Singapore-based cryptocurrency exchange founded in 2019 by former Morgan Stanley executive Jack Tao. The platform offers users a no-KYC setup,…

Ethereum co-founder Vitalik Buterin has proposed a new creator token model that combines decentralized autonomous organizations (DAOs) with prediction market mechanics to incentivize higher-quality content creation.Creator tokens, or content coins, are blockchain-based assets that can grant fans a slice of ownership, access rights, or even royalties for the content creator’s work, which could be in the form of posts, photos, music, or videos. However, in a post on X on Sunday, Buterin said existing creator token platforms notably prioritize mass content creation over quality, and that this is now being exacerbated by AI-generated content.To combat this, Buterin said one idea would…

On January 30, 2026, president Donald Trump officially nominated Kevin Warsh to lead the Federal Reserve, effectively ending the Jerome Powell era. Speculation regarding this seat reached a fever pitch over the last month, yet the final choice still managed to rattle major asset classes. Trump hailed Warsh as “perfect” and “great” on Truth Social, signaling a desire for a radical shift in monetary philosophy.Kevin Warsh’s Professional HistoryKevin Warsh has extensive experience in the marble halls of the Eccles Building. At age 35, he became the youngest Governor in the history of the Federal Reserve. He served from 2006 to…

The Central Bank of the United Arab Emirates (UAE) said Thursday that it has approved first US dollar-backed stablecoin – dubbed USDU, enabling compliant settlements for cryptos and derivatives.According to a press release, the stablecoin maintains 1:1 reserves backing, safeguarded in onshore accounts at partner banks. The token is issued and managed by a regulated entity, Universal Digital.Universal’s banking partners include Emirates NBD and Mashreq, with monthly independent attestation. Meanwhile, Mbank serves as strategic banking partner.Further, Aquanow, a crypto infrastructure firm, serves as a global distribution partner. It also supports professional clients’ access to USDU outside the UAE wherever permitted.“Being…

The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges.  The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. According to reports from local media outlets such as RBK and Kommersant on Sunday, Runets was detained on Jan. 30 and is facing three charges for allegedly concealing assets to evade taxes.The outlets cite court documents from the Zamoskvoretsky Court of Moscow, which indicate that Runets was charged on Jan. 31 and ordered to be placed under…

A major market downturn that has seen the crypto markets lose $250 billion in total capitalization over the weekend is due to a shortage of US liquidity, rather than any crypto-specific problem, argues Raoul Pal, founder and CEO of Global Macro Investor. “The big narrative is that BTC and crypto are broken. The cycle is over,” said Pal on Sunday, explaining that this can’t be the case because Software as a Service (SaaS) stocks have fallen in tandem. SaaS stocks and Bitcoin (BTC) have moved in lockstep recently, both dropping significantly, which is notable because both are “long-duration assets,” as their value…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Bitcoin’s latest slide exposed a familiar pattern in crypto markets: probability gauges drifted lower while derivatives traders scrambled for protection. As options open interest in $75,000 puts surged and hundreds of millions in long bets were liquidated, prediction markets registered only a slow erosion of upside conviction.Throughout January, Polymarket contracts tied to higher bitcoin price targets softened gradually through…