A cryptocurrency exchange is closing its doors after nearly a decade in business. CoinEx, which has its operating headquarters in the Seychelles, says it is entering an orderly wind-down with all user assets fully backed. Withdrawals opened September 15, 2026, and remain available until 02:00 UTC on December 22, 2026. The platform launched December 22,

A major billion-dollar bank is executing a live pilot of its proprietary dollar-backed stablecoin on a public blockchain to move funds across borders. U.S. Bank, which is headquartered in Minneapolis, Minnesota, says the transaction was completed on the Stellar network between its North American and European entities. The pilot validates the bank’s Digital Asset Platform,

JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and financial firms that plan to build a dollar stablecoin for business payments across borders, reports The Wall Street Journal. That group includes Bank of America, Wells Fargo, Citigroup,

A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for failing to block access. The order requires KalshiEx, LLC to maintain geofencing using a state-licensed third-party provider, with violations triggering a $500,000 daily fine. The injunction prohibits offering, facilitating, advertising, or processing any

Grayscale Research is warning that artificial intelligence may heighten financial surveillance risks on transparent blockchains by improving the ability to link transactions with off-chain data and de-anonymize addresses. This dynamic builds on past waves of privacy concerns tied to technological shifts, including the 1970s digitization of financial records and the 1990s rise of the internet.

A group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch a dollar stablecoin for business payments across borders. The firms say they will form a new company in the second half of 2026 and aim to have the token live in the first

Crypto platforms are suffering massive losses to sophisticated exploits despite many having undergone independent security audits. A new CoinGecko report shows that between January 2025 and July 2026, crypto platforms suffered a staggering $3.63 billion in losses across 245 documented incidents. Notably the top 10 largest attacks accounted for more than 72.5% of the total

Major banks are shifting from opposing stablecoins to advancing their own versions as competition grows in the payments market. The change comes after years of resistance, reports The Wall Street Journal. Banks large and small have started to warm up to the idea of their own stablecoins, despite early doubts from some executives that there

Tokenized versions of major US stocks are going live on Base, Coinbase’s Ethereum layer-2 network. Base says tokenized stocks issued by top US crypto exchange Coinbase are now live on the chain. The stocks are built on the network’s native token B20, which represent real shares held 1:1 by a regulated custodian in a bankruptcy-remote structure.

Blockchain sleuths are tracking a major transfer of Official Trump meme coin tokens to a leading cryptocurrency exchange. The firm Lookonchain says that the team behind the token transferred 2.62 million TRUMP tokens valued at $6.21 million over the weekend, with the tokens then deposited into OKX. According to Arkham Intelligence data, the Official Trump