Day: 10 February 2026

South Korea Investigates Bithumb Following $41 Billion Promotional Error

According to reports, South Korean financial authorities have launched a formal investigation into Bithumb, the nation’s second-largest cryptocurrency exchange, after a catastrophic promotional error resulted in the accidental distribution of 620,000 “phantom” Bitcoin.  The Financial Supervisory Service (FSS) escalated its on-site review to a full-scale probe on Tuesday, February 10, ...

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SEC Commissioner Calls for Modernized Tokenization Rules to Drive Market Innovation

U.S. Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has called on the agency to eliminate “unnecessary roadblocks” hindering the advancement of tokenized securities.  Speaking at the 2026 Asset Management Derivatives Forum on Monday, February 9, Uyeda argued that blockchain-based systems represent a significant modernization of capital markets rather ...

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Crypto Euphoria Fades as Market Moves Deeper Into Traditional Finance — Fed’s Waller

Federal Reserve Governor Christopher Waller says the surge of optimism that swept through the crypto market following U.S. President Donald Trump’s election victory is losing steam, as digital assets become increasingly tied to traditional finance. Speaking at a conference on Monday, Waller said the initial excitement surrounding the new administration ...

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