Coinsbuy Reports $7.9M Crypto Hack, Transfers Temporarily Paused
Coinsbuy reportedly suffered a $7.9 million crypto theft across Ethereum and Tron wallets. The incident comes amid a rising number of hacks in 2026.
Wirex BaaS Surpasses $2B Annualised Volume in 110 Days
Wirex BaaS has surpassed $2 billion in annualised onchain card spend within 110 days of hitting its first $1 billion milestone. The company reports rising stablecoin settlement and more than 70 partners since launch.
Binance-Affiliated Firms Sue RedotPay Founders for $472.8 Million
Binance-affiliated companies are suing RedotPay’s founders for $472.8 million over disputed card top-ups and alleged user diversion. Parallel cases are under way in Hong Kong and Singapore.
$676M Moved From Iran-Linked Shelbit to Binance
At least $676 million in crypto moved from Dubai-based Shelbit to Binance since May 2024, according to Reuters. Regulators in Dubai have cited anti money laundering and terrorism financing laws.
Legal | News | Regulation
Australia Sues Telegram Over Alleged Terror Content Failures
Australia’s eSafety Commissioner has launched civil proceedings against Telegram over alleged failures to remove pro-terror content. The platform could face penalties of up to AUD 54.6 million.
Ripple Payments Europe Added to EU MiCA Register
Ripple Payments Europe has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
Jesse Pollak Resets Base Strategy After Onchain Social Decline
Jesse Pollak admitted his onchain social strategy failed as Zora volumes fell 99.8%. Base will now focus on trading, stablecoin payments, and AI agents under Coinbase oversight.
SK Hynix Leveraged ETF Drops 45% After Debut
The Samsung KODEX SK Hynix Single Stock Leverage ETF has fallen about 45% since its late May debut. South Korea’s regulator says the approvals were granted too hastily.
Wyden Pushes to Keep Section 604 in Clarity Act Debate
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
Taiwan Passes Virtual Asset Service Act With New Licensing Rules
Taiwan’s Legislative Yuan passed the Virtual Asset Service Act, expanding crypto oversight to licensing and stablecoin regulation. The law sets reserve rules, audits, and criminal penalties.