Month: January 2026

Matcha Meta Impacted by $16.8M SwapNet Smart Contract Hack

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Decentralized exchange (DEX) aggregator Matcha Meta suffered a security breach on Sunday through one of its primary liquidity providers, SwapNet, in the latest cyberattack tied to exploiting smart-contract vulnerabilities. Matcha Meta disclosed the breach in a post on X on Sunday, warning that users who had previously granted token approvals to SwapNet’s router contract may be at risk. The protocol urged users to immediately revoke all approvals granted to SwapNet’s router contract to prevent further losses. Estimates of the stolen funds vary. Blockchain security company CertiK said about $13.3 million…

Coinone Sale Sparks Coinbase Investment Speculation

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Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by Chairman Cha Myung-hoon, who controls 53.4% of the company, the local news agency Seoul Economic Daily reported on Sunday. “We are discussing partnerships, including equity investments, with overseas exchanges and domestic financial institutions,” Coinone confirmed to the outlet, adding that no final decision has been made. The reported sale comes…

Japan May Permit Crypto ETFs Under Proposed Regulatory Changes

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Japan’s financial regulator is weighing potential rule changes that could pave the way for cryptocurrency exchange-traded funds (ETFs), with local media reporting that 2028 is being discussed as an early target. According to a report by Nikkei, citing people familiar with the matter, Japan’s Financial Services Agency plans to amend its regulatory framework to allow crypto to be included as eligible ETF assets alongside stronger investor-protection mechanisms.  Major financial groups, including Nomura Holdings and SBI Holdings, are among the first companies expected to develop crypto-linked ETF products, Nikkei reported. If…

CZ Won’t Return to Binance, Bullish on Bitcoin Supercycle

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Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible.   Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the pardon means the former restrictions “are completely lifted,” but shot down any suggestions of going back to Binance. “I haven’t really needed to go back. I didn’t really want to. I thought it was a pretty good way for me to step down, away from Binance after seven years,”…

UK’s FCA Opens Final Consultation On Crypto Rules

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The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector. The UK’s financial watchdog is entering the final stages of its consultation process for a host of key proposed crypto regulations as the agency continues to work on the government’s crypto roadmap.  The Financial Conduct Authority said on Friday that it is now seeking feedback on 10 crypto regulatory proposals, marking the “final step” of its consultations on potential rules for the sector. “These proposals…

ETHZilla Buys Aircraft Engines Amid Tokenization Focus

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The Ethereum treasury company ETHZilla has purchased two jet engines after selling off some of its crypto stash and increasing its focus on asset tokenization. ETHZilla said in a regulatory filing on Friday that it purchased two aircraft engines through a newly formed subsidiary, ETHZilla Aerospace LLC, for $12.2 million in cash. The engines, which are used in large commercial planes, came with existing lease agreements with a major airline, enabling the firm to begin earning yields from them. The purchase comes after ETHZilla chairman and CEO McAndrew Rudisill said…

Solana (SOL) Slips Further As Bears Target Deeper Support Zones

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Over 70% of Institutional Investors Say Bitcoin Undervalued

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Around 70% institutional investors believe Bitcoin is undervalued when priced between $85,000 to $95,000, as it continues to underperform against precious metals and the stock market, Coinbase has found. Coinbase said in its Charting Crypto Q1 2026 report that its survey of 75 institutional investors and 73 independent investors was taken between early December to early January, found 71% of institutions and 60% of independent investors “feel that [Bitcoin] is undervalued.”  A quarter of institutional investors said Bitcoin (BTC) was fairly valued, with its price almost entirely staying within the…

XRP Price Bearish Continuation Confirmed As Downside Pressure Builds

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Gold Hits Record High Over $5K As Bitcoin Falls Below $86K

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Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened.  Gold surged to a record high of $5,080 on Monday following a 17% gain so far this year, according to Gold Price, with traders flocking to the precious metal amid fears of a potential US government shutdown and uncertainty over the Trump administration’s escalated tariff threats. “A likely government shutdown just added fuel to the fire for precious metals,” the Kobeissi Letter said on…