Can NEAR Intents Cover Losses After the $3.8M Exploit?

NEAR Intents said a security breach caused $3.8 million in user fund losses after a bug affected its deposit and withdrawal setup. In a Thursday X post, the cross-chain protocol said the issue came from a bug in the Omni…

Will UK Crypto Rules Reshape Licensing by February 2027?

The United Kingdom has opened a key application period for digital asset companies as UK crypto rules move closer to full implementation. The Financial Conduct Authority opened its authorization gateway on Wednesday, giving firms five months to apply if they…

Will Illinois Crypto Tax Be Delayed Until July 2027?

The Illinois crypto tax could be pushed back by six months if a judge approves a joint motion filed in Sangamon County Circuit Court. State officials agreed with industry groups to seek a delay of the Digital Asset Tax from…

Crypto oversight expands between New York and Wyoming

New York and Wyoming have agreed to work together on crypto oversight for digital asset firms that are already regulated in either state or are seeking approval in both. The Memorandum of Understanding was announced Thursday by the New York…