Author: Kryptonews

The CEO of a Canadian national stepped down on Thursday following a special commissioner’s determination that she had mistreated staff throughout her decade-long tenure, using slurs and misogynistic language to refer to senior leadership. “In early December as the board was gaining a better understanding of the report—its timing, content and the expectations of government—the board confirmed CEO Marie Chapman’s decision to retire, and effective today, she has stepped away from her role,” Cynthia Price Verreault, chair of the Museum of Immigration at Pier 21’s board of trustees, wrote in a letter to stakeholders and staff on Thursday. Related Articles…

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts.The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses.The letter drew immediate pushback from crypto investors and industry…

Binance, the world’s largest cryptocurrency exchange, reportedly complied with only a fraction of a freeze request from South Korean police following a major hack of competitor Upbit in late November 2025. The limited cooperation has ignited criticism from industry experts, who argue that slow responses from major platforms undermine collective security. A Delayed and Partial Freeze On the morning of November 27, 2025, hackers breached Upbit, stealing a significant sum of cryptocurrency. As reported by KBS News, the stolen funds were laundered through a complex process involving over a thousand wallets, with “bridges” and “swaps” used to obscure their trail. Most…

Jupiter announced seven coordinated platform upgrades at Breakpoint, headlined by JupUSD, a new stablecoin developed with Ethena that will integrate across the entire Jupiter ecosystem to allow rewards during DCA orders, limit orders, and prediction market participation.The Solana-based decentralized exchange, which has processed $1.08 trillion in combined spot and perpetuals volume year-to-date while maintaining $2.7 billion in total value locked, framed the upgrades as solutions to fragmented data, fraudulent assets, and the absence of professional-grade tools needed for institutional adoption. Breakpoint Special: Pushing Onchain Finance ForwardOnchain finance is the future.It is fundamentally a better system, with open rails, transparent logic,…

Tools for Humanity is broadening its World platform beyond digital identity and crypto payments, adding encrypted messaging and financial services to its app as part of a push toward a super-app model.The company, co-founded by OpenAI CEO Sam Altman, introduced an in-app messaging feature with end-to-end encryption that distinguishes between verified and unverified World ID accounts and enables users to send or request digital assets within chats.According to an announcement, the application now supports third-party mini-apps, including prediction markets, games and financial tools, that run inside conversations. Tools for Humanity said it plans to add optional profile photo verification to…

HBAR trades lower Thursday after breaking through multiple technical levels during an afternoon selloff that pushed the token down 4% to $0.1247. The native token of the Hedera network posts a $0.0082 range representing 6.4% volatility as resistance at $0.1320 proves insurmountable for bulls attempting to extend gains.Volume patterns reveal heightened institutional participation throughout the session. The surge in trading activity confirms genuine price discovery rather than low-liquidity movements characteristic of smaller altcoins. The afternoon cascade establishes a clear lower high pattern from the initial Dec. 11 spike, creating deteriorating market structure that accelerates downward momentum through previously established support…

Key Takeaways Brazil’s largest private bank advises allocating 1% to 3% of investment portfolios to Bitcoin for diversification. Bitcoin offers protection against currency devaluation and low correlation with traditional assets. Share this article Itaú Unibanco, Brazil’s largest private bank, has recommended that investors allocate 1%-3% of their investment portfolio to Bitcoin to enhance diversification and protect themselves against currency devaluation. “Maintaining a well-diversified portfolio and adopting a calibrated allocation to assets such as Bitcoin appears to be a robust strategy. The objective is not to make crypto assets the core of a portfolio, but rather to integrate them as a…

Bitcoin’s (BTC) short-term holders (STHs) have spent 229 out of 345 days in profit, an outcome that appears contradictory given that BTC is at a negative year-to-date (YTD) return and struggles to trade above $100,000. However, beneath the weak headline performance, the structure of onchain positioning tells a different story.Key takeaways:Bitcoin short-term holders logged profits for 66% of 2025, even while BTC traded below its yearly open.The STH realized price at $81,000 acted as a sentiment pivot, which divided phases of panic and recovery.Unrealized losses narrowed to -12% from -28%, signaling fading capitulation.Bitcoin trades near its realized priceThe volatility of 2025…

Bitcoin (BTC) broke $94,640, recording a 4% daily growth with the trading volume rising to $46 billion. This major price advancement for Bitcoin comes after significant institutional events, including Strike & Twenty One ringing the opening bell on the New York Stock Exchange, along with PNC Bank becoming the first major institution in the U.S. to offer private customers direct spot Bitcoin trading services via the Coinbase infrastructure. As market sentiment continues to strengthen, Ark Invest CEO Cathie Wood says that the macro lows are well behind the current market. However, seasoned traders are also looking for higher upside elsewhere,…

It has been a long and arduous journey for Ripple. After emerging from a multiyear battle with the US Securities and Exchange Commission, the blockchain-based payments and infrastructure company is pressing ahead with broad ambitions to unify custody, treasury and prime-brokerage services, each underpinned by blockchain technology and stablecoins.Despite the bruising legal fight and the reputational damage that came with it, Ripple has still managed to win over some of Wall Street’s biggest players.This week’s Crypto Biz looks at how Ripple secured a striking $40 billion valuation, and why some of its backers are quietly placing bets on an XRP…