At least US$36.7 million was lost across four decentralised finance exploits in the past six months as attackers increasingly targeted unverified smart contracts whose source code was not publicly available, according to a new Chainalysis report.
House lawmakers have begun debating a package of cryptocurrency tax bills designed to simplify reporting requirements for digital asset users, investors, miners, stakers and brokers.
A Washington state man has been sentenced to five years in prison after admitting his role in laundering US$97.1 million in fraud proceeds through bank accounts and cryptocurrency exchanges linked to an international investment scam.
Kraken has been named the official crypto exchange supporter of the FIFA World Cup 2026, securing a presence at the largest football tournament in history as digital asset firms return to major sports sponsorships.
SBI Shinsei Bank will reportedly launch a deposit programme that rewards customers with cryptocurrency exchange vouchers, linking traditional savings accounts to digital assets through the group's crypto exchange business.
A key architect of the European Union’s Markets in Crypto-Assets Regulation (MiCA) has argued that policymakers should focus on tokenisation and real-world asset frameworks rather than introducing new rules for decentralised finance.
Solana Institute CEO Kristin Smith has urged the US Senate to preserve developer protections in the CLARITY Act, arguing that open-source developers and blockchain infrastructure providers should not be regulated as financial intermediaries.
Bitcoin fell below US$73,000 and about US$80 billion was erased from the cryptocurrency market after US airstrikes targeted Iranian military assets near the Strait of Hormuz on May 25 and 26, intensifying geopolitical tensions in one of the world’s most critical energy corridors.
George Pyne, Founder and CEO of Bruin Capital, discusses the evolving landscape of sports business and investment. The dialogue highlights key aspects of organizing a major global sporting event and the financial strategies shaping the sports industry. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Dan Hunt, owner of FC Dallas and Co-Chair of the Dallas organizing committee for the 2026 FIFA World Cup, discussed the significant economic impact expected as Dallas hosts nine World Cup matches. Hunt highlighted that unlike Super Bowl visitors who stay less than three days, World Cup fans typically stay just under ten days, leading to increased spending on hotels, restaurants, gas, and retail. He spoke with Julie Fine on "The Close."
Michael Hurlston, CEO of Lumentum, discussed the critical role of indium phosphide in optical chips, particularly lasers, which are essential for the AI revolution. He explained that the increasing speeds and bandwidth requirements in data centers are driving a shift toward optical connectivity using fiber optics, as light offers unmatched transmission speed. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
IBM CEO Arvind Krishna discusses IBM's significant $10 billion investment in quantum computing, a faster form of AI. Krishna also noted a $1 billion federal government commitment to build a chip fabrication facility in Albany, New York, illustrating a strong collaboration between public and private sectors. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
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