Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
Layer-1 network Saga has paused its SagaEVM chain following an exploit that moved nearly $7 million in tokens to Ethereum, as the team investigates the security breach and coordinates with exchanges to blacklist the attacker's wallet.
The US Senate Banking Committee has delayed work on cryptocurrency market structure legislation until late February or March, pivoting to housing legislation as President Trump emphasizes affordability, despite industry calls for urgent regulatory clarity.
Solana Mobile has launched an airdrop of its native SKR token to Seeker smartphone users and early developers, allocating 30% of its 10 billion token supply with a 90-day claim window as part of Season 2 ecosystem expansion.
Hong Kong is preparing to issue its first stablecoin issuer licenses in Q1 2026 as part of efforts to establish itself as a regional digital asset hub, with issuers required to meet strict reserve backing, redemption, and risk management standards.
Bitcoin's network hashrate has declined below 1,000 exahash per second for the first time since mid-September as miners increasingly redirect computational capacity toward artificial intelligence workloads offering more predictable returns.
Trove Markets is facing criticism and refund demands after pivoting to Solana weeks after raising $11.5 million for a Hyperliquid integration, with the team citing a withdrawn liquidity commitment as forcing the platform change.
South Korea's National Assembly has passed legislation creating a legal framework for issuing and trading tokenized securities through licensed intermediaries, with laws scheduled to take effect in January 2027.
Texas-based homebuilder Megatel Homes has received SEC approval to launch MegPrime, a cryptocurrency rewards token offering up to 20% cashback on rent and mortgage payments, with rewards redeemable for purchases or home down payments.
Coinbase CEO Brian Armstrong stated the exchange cannot support the Senate crypto market structure bill in its current form, citing concerns about tokenized equities restrictions, DeFi limitations, CFTC weakening, and stablecoin yield provisions.
Robinhood CEO Vlad Tenev has urged US lawmakers to establish clear cryptocurrency regulations, highlighting that staking services remain unavailable in four states despite being among the platform's most requested features.
French regulator AMF reports approximately 30% of cryptocurrency companies without EU licenses have not informed authorities of their plans as the June 30, 2026 MiCA licensing deadline approaches.
Senate Agriculture Committee has scheduled January 27 markup for crypto market structure legislation as Banking Committee faces 137 amendments to the CLARITY Act and Democratic opposition over ethics concerns and stablecoin yield restrictions.
