Decred price jumped over 40% in the past 24 hours to hit highs of $29.Several privacy coins are rallying.The approval of a proposal seeking to cap treasury expenditure has also catalysed gains.Decred (DCR) is outpacing other altcoins over the past 24 hours, with bulls exploding nearly 40% to highs of $29 as the privacy coin narrative ignites broader gains.The token’s upside momentum also comes after stakeholders overwhelmingly approved DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralised treasury.Gains amid this governance milestone, privacy coins rally and risk-on sentiment could drive DCR price higher.Decred price gains as stakeholders approve DCP-0013 proposalThe Decred cryptocurrency is a layer 1 DAO project known for its innovative hybrid consensus mechanism and strong emphasis on community-driven governance.Supply is capped at 21 million, and over 82% of DCR is already mined. Supply dwindles every three weeks.Decred features a privacy mixnet and builds on Bitcoin’s blockchain model with on-chain governance and sustainable funding.While price is up amid gains for top privacy coins like Dash and Monero, Decred is also seeing notable momentum as the community signals a commitment to fiscal discipline and long-term sustainability.That’s what the approval of DCP-0013, which allows for capping of treasury spending, shows.Activation of the proposal will introduce monthly limits to treasury spending at 4% of available funds.Over 99% of the vote approved the upcoming implementation, a decisive outcome that has bolstered market sentiment.Privacy coins rally boosts DCR priceDecred’s DCR token traded in a relatively narrow $11–$17 range from March through early November 2025, before surging to a yearly high of $44 as privacy-focused cryptocurrencies moved sharply higher.The rally was followed by a steep correction driven by profit-taking and broader macroeconomic pressures, with prices sliding to lows of $14 on December 24.A rebound in early 2026 has seen renewed interest in privacy coins, lifting Decred to intraday highs of $29.The token is up about 75% over the past week, in line with a wider rally across the privacy-coin segment.Decred Price ChartDecred price chart by CoinMarketCapAs a project that incorporates privacy-enhancing elements through its architecture and governance, Decred benefits from this sector-wide enthusiasm.Privacy coins gaining traction could catapult Decred above $50, with the main target in the short term being $100.Zcash has gained a lot of attention, but Decred bulls think DCR will outperform amid its “staying power.”https://www. twitter.com/Bitsoshi/status/2004996043612844321Monero (XMR) has broken to highs of $700, Dash (DASH) has led weekly top performers and is above $80, while Zcash (ZEC) has touched the key level of $450.The post Decred (DCR) price soars amid treasury spending cap approval appeared first on CoinJournal.

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London Stock Exchange has launched Digital Settlement House.DiSH is a platform for post-trade settlement with 24/7 tokenized commercial bank deposits.LSE has welcomed multiple crypto ETPs, the latest a Bitcoin and Gold ETP by 21Shares.London Stock Exchange Group has announced the launch of its digital settlement hub, a blockchain platform designed to offer 24/7 settlement for tokenized commercial bank deposits.The LSEG officially unveiled the Digital Settlement House (LSEG DiSH) platform via a press release on Thursday, January 15, 2026.DiSH is a blockchain-enabled platform that will offer instantaneous and around-the-clock settlements for both on-chain and off-chain payment networks.Big move for LSEGAccording to LSEG, the innovative service bridges traditional finance and digital asset ecosystems, with real-time Payment-versus-Payment (PvP) and Delivery-versus-Payment (DvP) transactions.DiSH will support multiple currencies and jurisdictions, with these capabilities available on open-access under the London Stock Exchange Group’s Post Trade Solutions division.“LSEG DiSH expands the tokenised cash and cash-like solutions available to the market, and for the first time, offers a real cash solution tokenised on the blockchain utilising cash in multiple currencies held at commercial banks,” said Daniel Maguire, group head of LSEG Markets and chief executive officer of LCH Group.Maguire added that the service brings benefits such as reduced settlement risk and integration of existing cash, securities and digital assets into the current market infrastructure.Institutional adoption of blockchain solutionsGlobal financial markets continue to see institutions eyeing blockchain solutions for efficient, resilient, and interoperable post-trade processes.The introduction of LSEG DiSH adds to this momentum, with this set to address challenges such as delayed settlements, fragmented liquidity, and limited operating hours.LSEG wants to be at the forefront of the evolving tokenized economy, with broader adoption of digital assets ramping up amid regulatory milestones.DiSH Cash offers additional features, including dynamic intraday borrowing and lending tools.Users can also tap into optimized liquidity management, synchronized settlement processes, reduced timelines, and enhanced collateral availability.LSEG’s launch of the platform builds on a successful Proof of Concept (PoC) conducted in collaboration with Digital Asset and a consortium of leading financial institutions.The PoC was executed on the Canton Network.Earlier moves, including the announcement of a blockchain trading platform in 2023.In September 2025, LSEG unveiled Digital Markets Infrastructure, a platform for private funds powered by Microsoft Azure.DMI delivers a blockchain-powered solution that taps into the benefits of scalability and efficiency to bolster asset issuance, tokenisation and distribution.This also includes post-trade asset settlement and servicing, with usage and support cutting across multiple asset classes.Post Trade Solutions recently received strategic investment from 11 major global banks as integration of traditional and digital finance gains traction.Crypto ETPs launch on LSERecently, the London Stock Exchange listed the 21shares Bitcoin Gold ETP (BOLD), a new crypto exchange-traded product that adds to the rising number of crypto ETPs on stock exchanges.Other firms, including Bitwise, have also expanded access to digital asset investment products via LSE listings.Regulatory approval from the UK’s Financial Conduct Authority is among the key developments boosting adoption.The post LSEG launches Digital Settlement House to enable 24/7 blockchain-based settlement appeared first on CoinJournal.

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BNB Chain has completed a 1.37 million BNB token burn.The 34th quarterly burn sees total supply diminish to 136.36 million.BNB price hovered above $900 as the bulls look to target $1,000 next.BNB Foundation announced on January 15, 2026, that BNB Chain has completed its first burn of the year, and the 34th quarterly burn overall.The announcement came as BNB price hovered above $900 with fresh gains pushing the token up by nearly 8% over the past week.BNB traded around $944 at the time of writing, just in the green on the day, as bulls targeted an upward continuation amid the latest BNB token burn.A rally to $1,000 will strengthen a bullish outlook.BNB Chain burns 1.37 million BNBThe successful completion of the 34th quarterly BNB token burn by BNB Chain marks the first burn of 2026, according to details BNB Foundation shared.Burns of the token, currently the fifth largest cryptocurrency by market cap, continue the project’s longstanding deflationary strategy.BNB Chain managed to permanently remove a total of 1,371,803.77 BNB from circulation.The more than 1.37 million tokens account for BNB in two components: 1,371,703.67 BNB from the actual burn and 100.1 BNB in a pioneer burn. At the time of the burn, the destroyed tokens were worth about $1.27 billion.Binance’s token burn utilises an Auto-Burn mechanism, which automatically calculates the amount based on BNB’s prevailing price and the number of blocks generated on BNB Smart Chain during the quarter.“The BNB Auto-Burn provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange,” the foundation wrote in a blog post.Following the BNB Chain Fusion, quarterly burns now occur directly on BSC, with tokens sent to an irreversible “black hole” address.BNB total supply falls to 136.36 millionBNB burns aim to gradually decrease the token’s total supply to 100 million BNB, with the latest cut leaving the total supply at roughly 136.36 million BNB.In the market, a reduction to a token’s circulating supply often means enhanced scarcity and support for long-term value growth.With BNB, regular burns towards 100 million tokens come amid rising network activity.BNB Chain has witnessed notable milestones with upgrades and web3 applications, particularly as real-world assets come on-chain.The price of BNB rose sharply in 2025 amid this growth, reaching an all-time high above $1,300.Overall market sell-off, which also saw Bitcoin correct from a peak of $126,000, cascaded to BNB and saw its price fall to under $800. Gains mean the main target in the short term is a retest of $1,000 and the ATH.The post BNB Chain completes 34th quarterly burn of 1.37 million BNB appeared first on CoinJournal.

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Pepe changed hands around $0.0000058, having dropped 9% amid sharp declines for memecoins.Dogecoin and Shiba Inu also shed gains, while Fartcoin plunged 13%.Memecoins are struggling as privacy coins explode.Pepe ranked among the weakest performers over the past 24 hours as momentum in the cryptocurrency market’s memecoin segment faded.The pullback has not been limited to Pepe. Several leading memecoins that posted strong gains earlier in January 2026 have also retreated, as investors lock in profits amid broader market repositioning.A shift in sentiment toward privacy-focused cryptocurrencies has coincided with declines in tokens such as Dogecoin, Shiba Inu and Bonk.Selling pressure has been more pronounced in some smaller names, with memecoins including Fartcoin recording double-digit losses.Pepe price falls 9%Frog-themed memecoin Pepe was down 9% in early trading during the US hours on Thursday as the broader category notched widespread declines.The token traded at around $0.0000059, down from recent highs of $0.0000065, with sell-off pressure mounting amid heightened selling activity.Data from CoinMarketCap shows daily trading volume was up 32% to over $795 million, indicating likely downward intensity.Pepe Price ChartPepe price chart by CoinMarketCapA pullback could trigger more losses, giving further impetus to bears.Earlier in the year, PEPE registered a strong surge as upward momentum engulfed memecoins.Speculative inflows and broader memecoin enthusiasm catalysed these movements.However, as with most other tokens in the sector, profit realisation after rallies has allowed for a fresh correction.Pepe’s price reached highs of $0.0000070 on January 14, 2025, but could now revisit lows of $0.0000055.Dogecoin and Shiba Inu shed gainsThe broader sell-off in memecoins pushed the category’s total market capitalisation down nearly 4% to $44.9 billion, while daily trading volume fell 19% to about $5.7 billion.Dogecoin (DOGE) saw mild profit-taking, with the token down about 5% at $0.14.Its market capitalisation stood at $23.9 billion, keeping it the largest memecoin by value, though prices have now given up gains logged when Bitcoin climbed to highs near $97,000 on Wednesday.Elsewhere, Shiba Inu (SHIB), the Ethereum-based token that had earlier rallied alongside the broader market, was trading around $0.0000085, down roughly 4% over the past 24 hours.Solana-based Bonk (BONK) was last near $0.0000105, down 7% on the day, while Official Trump (TRUMP) slipped about 5% to around $5.43.Floki (FLOKI) was among the worst performers, sliding about 8% over the past 24 hours as its price fell to roughly $0.000051.SPX6900 (SPX), a satirical, anti-establishment memecoin that surged earlier in its trading history, also remained under pressure, changing hands near $0.57, more than 10% lower on the day.Pudgy Penguins, a memecoin linked to the popular NFT collection, was trading around $0.012, down about 7% in the past 24 hours.Fartcoin recorded sharper losses, falling roughly 13% as it pared gains to around $0.37.The post Pepe price declines 9% as top memecoins falter appeared first on CoinJournal.

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Group-IB published its report on Jan. 15 and said the method could make disruption harder for defenders.The malware reads on-chain data, so victims do not pay gas fees.Researchers said Polygon is not vulnerable, but the tactic could spread.Ransomware groups usually rely on command-and-control servers to manage communications after breaking into a system.But security researchers now say a low-profile strain is using blockchain infrastructure in a way that could be harder to block.In a report published on Jan. 15, cybersecurity firm Group-IB said a ransomware operation known as DeadLock is abusing Polygon (POL) smart contracts to store and rotate proxy server addresses.These proxy servers are used to relay communication between attackers and victims after systems are infected.Because the information sits on-chain and can be updated anytime, researchers warned that this approach could make the group’s backend more resilient and tougher to disrupt.Smart contracts used to store proxy informationGroup-IB said DeadLock does not depend on the usual setup of fixed command-and-control servers.Instead, once a machine is compromised and encrypted, the ransomware queries a specific smart contract deployed on the Polygon network.That contract stores the latest proxy address that DeadLock uses to communicate. The proxy acts as a middle layer, helping attackers maintain contact without exposing their main infrastructure directly.Since the smart contract data is publicly readable, the malware can retrieve the details without sending any blockchain transactions.This also means victims do not need to pay gas fees or interact with wallets.DeadLock only reads the information, treating the blockchain as a persistent source of configuration data.Rotating infrastructure without malware updatesOne reason this method stands out is how quickly attackers can change their communication routes.Group-IB said the actors behind DeadLock can update the proxy address stored inside the contract whenever necessary.That gives them the ability to rotate infrastructure without modifying the ransomware itself or pushing new versions into the wild.In traditional ransomware cases, defenders can sometimes block traffic by identifying known command-and-control servers.But with an on-chain proxy list, any proxy that gets flagged can be replaced simply by updating the contract’s stored value.Once contact is established through the updated proxy, victims receive ransom demands along with threats that stolen information will be sold if payment is not made.Why takedowns become more difficultGroup-IB warned that using blockchain data this way makes disruption significantly harder.There is no single central server that can be seized, removed, or shut down.Even if a specific proxy address is blocked, the attackers can switch to another one without having to redeploy the malware.Since the smart contract remains accessible through Polygon’s distributed nodes worldwide, the configuration data can continue to exist even if the infrastructure on the attackers’ side changes.Researchers said this gives ransomware operators a more resilient command-and-control mechanism compared with conventional hosting setups.A small campaign with an inventive methodDeadLock was first observed in July 2025 and has stayed relatively low profile so far.Group-IB said the operation has only a limited number of confirmed victims.The report also noted that DeadLock is not linked to known ransomware affiliate programmes and does not appear to operate a public data leak site.While that may explain why the group has received less attention than major ransomware brands, researchers said its technical approach deserves close monitoring.Group-IB warned that even if DeadLock remains small, its technique could be copied by more established cybercriminal groups.No Polygon vulnerability involvedThe researchers stressed that DeadLock is not exploiting any vulnerability in Polygon itself.It is also not attacking third-party smart contracts such as decentralised finance…

Only VASP-registered platforms will stay available on the Play Store.Local exchanges like Upbit and Bithumb could gain more market share.Some traders may shift towards DeFi and non-custodial wallets.South Korea’s crypto market is facing a major shift in how traders access overseas centralised exchanges.Many foreign cryptocurrency exchange (CEX) apps are expected to become unavailable for download or unable to receive updates, through South Korea’s Google Play Store.The change is linked to a Google policy update that ties app availability to local licensing requirements.As a result, only platforms that meet South Korea’s regulatory standards will remain listed.While the move does not fully block international trading services, it creates new barriers for users who rely on global exchanges through mobile apps.Google Play tightens crypto app compliance rulesGoogle’s updated policy connects crypto app distribution to regulatory approval in each region.In South Korea, that means crypto exchanges and wallet providers must hold valid local registration and follow strict compliance rules.Only exchanges registered as Virtual Asset Service Providers (VASPs) in South Korea can continue operating normally on Google Play.This includes meeting tough anti-money laundering (AML) measures and security obligations required by the Korean financial authorities.Since only a limited number of overseas platforms have secured VASP status in the country, most foreign exchanges will be blocked from new downloads and future app updates on the Play Store.This approach effectively makes Android app access dependent on domestic licensing, even if the exchange continues offering services elsewhere.Overseas platforms remain accessible but less convenientSouth Korean users are not completely cut off from foreign exchanges.They can still use overseas platforms through mobile web browsers or manually install apps using APK files.However, browser-based trading tends to be less smooth for active users, with weaker performance and fewer app-level features.APK sideloading also brings extra risks because it bypasses Google Play’s built-in security checks.Users installing crypto apps outside official channels may face higher exposure to malware, phishing attacks, and compromised applications.That creates added pressure on traders who want mobile access but also need a safe environment for managing funds.Domestic exchanges could gain more market controlThe policy change may also reshape South Korea’s crypto market structure by limiting competition from global platforms.With fewer overseas apps available through Google Play, domestic exchanges such as Upbit and Bithumb could strengthen their position.A larger share of trading activity may shift to local platforms simply because they remain easier to download, update, and use on Android devices.This could give domestic exchanges more influence over trading volume, token listings, and fee structures.Over time, reduced international competition could also affect how quickly new features and products reach Korean users, especially if access to offshore platforms becomes less practical for everyday trading.DeFi alternatives may grow but scrutiny remainsWith centralised mobile access restricted, some traders may look towards decentralised finance tools.Decentralised exchanges and non-custodial wallets are not subject to the same Google Play licensing requirement, which could make them appealing to users seeking wider access to digital assets.However, this does not remove the risks linked to regulation and tax compliance.South Korean authorities have continued tightening reporting requirements and enforcement across the crypto sector.That means users shifting into DeFi still face uncertainty, especially as policymakers focus more on transparency and monitoring.How global crypto exchanges may adaptOverseas exchanges may not leave the South Korean market completely.Instead, some could explore ways to stay active by partnering with, or taking equity stakes in, Korean firms…

X’s API ban erased Yaps, removing most of the real token utility of KAITO.Insider wallet transfers before the shutdown intensified sell pressure.KAITO’s price has fallen below key support, leaving the token near all-time lows.Kaito has officially begun winding down its Yaps product after losing access to the X API, marking a major turning point for the project and its token economy.The decision follows a recent policy change by X, formerly Twitter, which banned applications that reward users for posting content on the platform.X cited a surge in AI-generated spam and low-quality engagement as the primary reason for revoking API access from so-called “reward-for-posting” or InfoFi apps.Why X’s move forced Kaito to pull down YapsYaps was Kaito’s flagship product and the core driver of user engagement across the ecosystem.The program rewarded users with KAITO tokens for creating and interacting with crypto-related posts on X.For many participants, Yaps represented the main reason to hold and use the KAITO token.According to multiple industry estimates, Yaps accounted for roughly 70% of KAITO’s practical token utility.Hence, the shutdown triggered an immediate and severe demand shock for the token.Kaito confirmed that the Yaps incentive program and its associated leaderboards would be sunset rather than modified.The company stated that the product could not operate in compliance with X’s new API restrictions.This forced exit exposed the risks of building token-driven engagement models on centralized social platforms.Thousands of users were affected by the move almost overnight.Data shared by market trackers indicates that approximately 157,000 Yaps-associated accounts were banned or disabled following the policy enforcement.The sudden loss of users accelerated selling pressure as participants exited positions tied to the discontinued program.Market reaction and insider trading concernsThe market reaction to the Yaps shutdown was swift and decisive.KAITO fell 19.5% in a 24-hour period, sharply underperforming the broader crypto market, which declined by just 1.05% over the same timeframe.The token dropped to around $0.5449, sliding close to its all-time low of $0.4717 recorded in December.Trading volume surged to over $153 million in 24 hours, representing more than the project’s daily market capitalization turnover.This spike in volume signaled conviction-driven selling rather than a temporary volatility spike.Sentiment deteriorated further after allegations of insider trading began circulating within the crypto community.On-chain analysts flagged a wallet linked to the Kaito team that deposited 5 million KAITO tokens, worth roughly $2.7 million at the time, to Binance.The transfer occurred approximately seven days before the public announcement of the Yaps shutdown.This deposit represented nearly 2% of the circulating supply and was the largest exchange inflow for KAITO in the last 90 days.While no wrongdoing has been proven, the timing raised concerns about information asymmetry.Retail investors interpreted the move as a potential loss of confidence from insiders.Trust erosion compounded the downside pressure already created by the loss of token utility.At the same time, Kaito is attempting to reposition its business model.The company announced a pivot toward Kaito Studio, a product focused on connecting brands with vetted creators.Unlike Yaps, the new model emphasizes quality-driven marketing and analytics rather than mass token incentives.This transition reduces reliance on retail participation but introduces uncertainty around KAITO’s future role.It remains unclear whether brands will be required to use KAITO as a payment or settlement token.Without a clearly defined demand loop, token value accrual becomes harder to justify in the near term.KAITO price analysis and ecosystem transitionFrom a technical perspective, KAITO confirmed a bearish breakdown.The price slipped below the key $0.60 support level, which had acted as both a psychological and structural floor.Momentum…

President Alexander Lukashenko signed Decree No. 19 to set operating rules and market entry conditions.Cryptobanks must become Hi-Tech Park residents and be registered in a central bank-run cryptobank register.The model introduces dual oversight through financial rules and Hi-Tech Park supervisory board decisions.Belarus is moving digital assets closer to the core of its financial system after introducing a legal framework for “cryptobanks”.Instead of treating crypto as a separate industry, the country is building a model where token-related services sit inside existing banking structures and are supervised by the state.On Friday, Belarusian President Alexander Lukashenko signed Decree No. 19, which defines how cryptobanks can operate and what conditions they must meet to enter the market.The move gives Belarus a regulated route for crypto-linked banking, while tightening the boundaries around who is allowed to provide these services.What Decree No. 19 allows cryptobanks to doUnder the decree, cryptobanks are defined as joint-stock companies that can combine token-based activity with traditional banking functions.This includes banking services, payments, and related financial services, but now within a formal legal structure.Rather than creating a parallel “crypto sector”, Belarus is linking digital asset operations to the same financial oversight mechanisms and infrastructure that already govern mainstream institutions.That approach signals an effort to keep crypto activity within a controlled and traceable system.Cryptobanks will not be open to every player. The framework limits participation to firms that agree to operate strictly within the country’s regulatory requirements.Hi-Tech Park rules are now tied to crypto bankingA key part of the new framework is the Hi-Tech Park, a state-backed technology zone that already plays a major role in Belarus’s digital economy strategy.Under the decree, a cryptobank must obtain resident status in the Hi-Tech Park before entering the market.On top of this, cryptobanks must be added to a dedicated register that will be maintained by the country’s central bank.This structure effectively places market access behind formal approvals, ensuring the state can monitor who is active and under what rules they are operating.Cryptobanks face dual oversight and compliance dutiesBelarus is applying a layered supervision model to cryptobanks, with requirements that stretch beyond standard financial compliance.According to the decree, cryptobanks must follow rules applied to non-bank credit and financial institutions.They also have to implement decisions issued by the Hi-Tech Park’s supervisory board.This sets up dual oversight that combines financial regulation with technological supervision.Officials say the approach is designed to support innovative products that mix conventional banking services with token-based transaction efficiencies.In practical terms, it allows crypto-linked services to be delivered through licensed entities that are already embedded in the formal banking environment.The new cryptobank rules fit into a longer policy direction where crypto is allowed only within clearly defined and state-approved boundaries.The post Belarus establishes rules for ‘crypto banks’: check out the details appeared first on CoinJournal.

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Key takeawaysPUMP is up 1.1% in the last 24 hours, outperforming the broader crypto market.The recent rally comes after Pump.fun launched a new callout in the previous feature that lets creators share trending coins on the platform.Pump.fun’s DEX volume surges as price approaches $0.003PUMP, the native coin of the Pump.fun DEX is up 1% in the last 24 hours, outperforming the broader crypto market.The positive performance comes after Pump.fun released a callout feature on Thursday for creators to share listed coins with their followers. This latest development could boost the social interest and trading activity on the platform. The release also comes when Pump.fun’s DEX volume is on the rise, hitting $84.34 million a few hours ago. In addition to that, derivatives data indicate wavering retail interest in PUMP as capital flow and funding rates see-saw over the last week. According to CoinGlass, PUMP’s Open Interest (OI) is down 2% in the previous 24 hours to $237.69 million, pulled from $250 million twice so far this month.Furthermore, the OI-weighted funding rate is at -0.0032%, pulling into the negative territory, suggesting that traders are holding more short positions. PUMP eyes the $0.0033 psychological levelThe PUMP/USD 4H Chart is bullish and efficient as the cryptocurrency has performed excellently since the start of the week. PUMP is trading at $0.0029 after facing rejection in the last two sessions.The Moving Average Convergence Divergence (MACD) remains above the signal line and in positive territory. The Relative Strength Index (RSI) at 60 rises toward the overbought zone, consistent with this week’s recovery.PUMP/USD 4H ChartIf the daily candle closes above $0.003000, it would keep the near-term bias supported and push PUMP’s price towards $0.0033. The next major resistance level stands at $0.004048However, if the bulls fail and PUMP drops below the 20-day EMA at $0.002577, it could dip further towards the $0.002330 support level.The post PUMP eyes $0.0033 on release of creator-focused callout feature appeared first on CoinJournal.

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On-chain data confirms the destruction of 13,616,371,495,327.31 $HTX tokens, valued at over $23.31 million.This record-high burn volume represents a 36.4% year-over-year (YoY) increase.To date, HTX DAO has cumulatively burned approximately 99.49 trillion $HTX tokens.On January 15, HTX DAO announced the successful completion of its $HTX token burn for Q4 2025.Through the rigorous execution of these quarterly burns, the circulating supply of $HTX has been further optimised, enhancing token scarcity and strengthening long-term value for ecosystem participants and holders.Q4 token burn rises over 30% amid market headwindsOn-chain data confirms the destruction of 13,616,371,495,327.31 $HTX tokens, valued at over $23.31 million.Burn Details: https://ift.tt/EC5npjdDespite a sluggish crypto market in late 2025, HTX DAO’s burn metrics defied broader trends, to reach a historic milestone.This record-high burn volume represents a 36.4% year-over-year (YoY) increase and a 3.78% rise from the previous quarter.According to HTX DAO’s whitepaper, the HTX exchange, as an ecosystem partner of HTX DAO, provides 50% of its revenue each quarter to buy back and burn $HTX.So this quarterly burn underscores HTX’s robust fundamentals; by maintaining steady earnings through market fluctuations, the exchange ensures the liquidity necessary to sustain HTX DAO’s aggressive deflationary mechanism.Throughout 2025, HTX achieved consistent growth across all key performance indicators:User Base: Exceeded 55 million registered users (6 million added in 2025).Trading Volume: Reached $3.3 trillion (a 39% YoY increase).Capital Inflow: Net inflows totaled $608 million.100 Trillion $HTX burned: entering an era of accelerated deflationThis latest event marks a pivotal moment in HTX DAO’s deflationary roadmap.To date, HTX DAO has cumulatively burned approximately 99.49 trillion $HTX tokens, with an estimated value of $186.93 million.Most notably, cumulative burns of $HTX tokens are approaching 10% of its total supply.This milestone signals that the token is entering a period of accelerated deflation.By steadily reducing the circulating supply, HTX DAO is laying a solid foundation for long-term price support through a healthier supply-demand balance.Empowering the ecosystem through enhanced governanceBuilding on the momentum of 2025, HTX DAO is entering a new phase of redefining the $HTX token’s value proposition through greater transparency and community-led governance.HTX DAO reaffirms its commitment to the token burn as a permanent, transparent strategy.Moving forward, the platform will continue to refine its listing processes and elevate the community’s role in key business decisions.Furthermore, HTX DAO will prioritise expanding $HTX utility across both CeFi and DeFi applications, fostering a self-sustaining economy designed to benefit every holder.About HTX DAOHTX DAO is a decentralized autonomous organization (DAO) collaboratively built by community members, early contributors, and global advisors.Supported by HTX Exchange and the TRON blockchain ecosystem, HTX DAO is committed to establishing an open governance ecosystem led by users, governed by transparent rules, and driven by efficient collaboration, serving as a key engine in advancing decentralized finance (DeFi).HTX DAO embodies the principle of “token holders govern”, aiming to inspire global consensus and participation, align community interests with platform value, and explore a new order in the world of crypto finance.Contact InformationWebsite: www.htxdao.comEmail Address: media@htxdao.comThe post $HTX quarterly burn hits a new high of 13.62 trillion, total burn volume nears 10% of total supply appeared first on CoinJournal.

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Axie Infinity price jumped 13% to near $1.30 as bulls extended gains to over 30% this past week.Top gaming ecosystem tokens, including Gala and The Sandbox continue to lag broader market.AXS price could rally to $2.25 if momentum from the four-year low holds.The Axie Infinity token has bounced more than 13% in the past 24 hours amid a notable recovery from recent losses that pushed AXS to lows last seen in 2021.As renewed investor interest allows bulls to bounce off a four-year low, the technical picture points to a potential upside continuation.Sentiment across crypto, with several altcoins attempting reversals after extended periods of pressure, may add to bulls’ advantage.Axie Infinity outpaces other gaming tokensMarket data  during early US hours on January 16, 2025 showed Axie Infinity price hovering around $1.23. However, buying pressure had the token trading at highs of $1.30, not far off the weekly resistance level around $1.35 reached on Jan. 14.In late December, Axie Infinity fell to $0.78, the lowest mark since the breakout from $0.73 to highs of $1.18 in January 2021.The token has surged by over 30% in the past week, with a revisit to the $1.00 level before another bounce reflecting fresh buying momentum.A look at the gaming tokens ecosystem, CoinMarketCap data shows AXS to be outpacing peers in the past 24 hours and week.Immutable, Gala, Floki, The Sandbox, Decentraland and MultiversX are all struggling. Can Axie Infinity continue to buck the trend?Axie Infinity price forecastWhile AXS is not fully out of the woods following its severe drawdown since it peaked at $165, the bounce from under $1 may test bears’ resolve.Positive developments within the Axie Infinity ecosystem, including economic adjustments and upcoming gameplay enhancements, might combine with overall market sentiment to bolster upward price action.For instance, Axie Infinity has introduced an App Token (bAXS), which means that instead of AXS, holders can now hold bAXS.This token can be staked or spent directly in Axie Core. Analysts say the launch of bAXS is a major step for Axie Infinity, and adoption will benefit AXS.Axie Infinity Price ChartAXS price chart by TradingViewFrom a technical perspective, the daily chart shows the Relative Strength Index (RSI) at 66.This indicates that bulls have room to extend gains before entering the overbought territory.Meanwhile, the Moving Average Convergence Divergence (MACD) recently marked a bullish crossover and features an expanding histogram.If key support holds at $1.20, the next hurdle may be around $1.50 and $2.25.On the downside, breaking below the psychological support level will encourage sellers, potentially allowing for another multi-year low.The post Axie Infinity price extends above $1.20 amid reversal from 4-year low appeared first on CoinJournal.

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Vaulta, formerly EOS, plunged to a lows of $0.14 to mark its drop to a new all-time low.The token was down 20% in the past 24 hours and saw trading volume spike by more than 400%.Selling pressure might see A extend losses to a new level.Vaulta’s price has crashed 20% in the past 24 hours, with bears smashing through support to hit a new all-time low under $0.14.This brutal drop, which occurred amid a spike in daily spot volume, deepens the pain for the token formerly known as EOS, which had traded as high as $0.77 in May last year.If not aware, Vaulta rebranded from the former EOS network in early 2025, moving from a smart contracts-focused platform to a web3 banking network.Bulls saw the A token rise to the all-time high highlighted above before this uptick began to evaporate.The past 24 hours have seen Dash and Axie Infinity extend gains, but on the other end of the line are top losers like Kaito and Vaulta.​Vaulta price: profit-taking sees A hit a new all-time lowThe panic selling that gripped the broader crypto market as Bitcoin shed gains from its all-time high of $126,000 meant A dumped sharply.Post-rebrand optimism fading allowed sellers to accelerate the capitulation.Vaulta’s slide has now pushed prices to a new all-time low, with sellers flooding the market and crushing momentum. Data from CoinMarketCap shows daily trading volume jumped more than 400% to $128 million.Vaulta Price ChartVaulta price chart by CoinMarketCapThe downside action that has led to a broader altcoin market slowdown could amplify the pain for Vaulta.Many altcoins’ struggles are tied to Bitcoin’s own stumbles below $100,000 and current poise near key support levels.​Technical outlook spells doomVaulta’s charts paint a nightmare scenario for bulls. The token has recently recoiled off the 50-day exponential moving average, which has acted as a resistance zone around $0.18-$0.20.Other technical indicators signal a bearish stranglehold, with the Relative Strength Index (RSI) sloping towards the oversold territory. While it could allow for a reversal, the reading of 34 means there is room for another leg down.Elsewhere, the Moving Average Convergence Divergence indicator hints at a bearish crossover.Vaulta A Price ChartVaulta price chart by TradingViewBuyers may eye a rebound amid long-shot catalysts such as network upgrades and broader altcoin market bounces. However, near-term sentiment remains toxic with open interest sinking to $13 million.According to Coinglass data, the unforgiving downside action has also pushed the open interest weighted funding rate to -0.0294%.The post Vaulta price crashes 20% to new all-time low below $0.14 appeared first on CoinJournal.

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Cardano price dropped to $0.37 after another rejection around $0.40.The technical picture points to a potential downside continuation to $0.32.The ADA price was down 4% in the past 24 hours.Cardano’s ADA token is down and faces a brutal supply wall near $0.40, where relentless selling pressure threatens to derail bulls’ hopes of an extended upside.The token changed hands nearly 4% in the red on Friday, hovering around $0.38 as short-term downside risks persist for top coins. As the chart below shows, ADA traded to a daily low of $0.379.Cardano price hits supply wall near $0.40Cardano’s price action has recently encountered a formidable supply wall around the $0.40 threshold, a level that has repeatedly acted as a barrier to upward momentum.Cardano Price ChartCardano price chart by TradingViewThe 50-day exponential moving average sits at $0.41, and acts as a stubborn ceiling that has informed multiple price rejections.Meanwhile, ​the Relative Strength Index (RSI) on the daily chart currently lingers below the neutral mark. In technical analysis, this highlights a potential extension towards the oversold territory with a sloping outlook.Another indicator, the ADX, shows a reading of 19.5 and points to bearish strength.The negative directional dominance favours sellers.The MACD similarly shows bearish divergence under the zero line, while Bollinger Bands contract toward the lower rail. It all adds up to a token facing huge downside volatility.The $0.40 zone is therefore just another key resistance level, but a zone of notable supply overhang.Cardano shows weakness amid broader headwindsCryptocurrencies ended the past year largely bearish amid broader market headwinds.This saw Bitcoin struggle to defend key levels and fall to lows of $80,000 before bouncing. BTC, however, has retreated from above $97,500, and this looks to have capped momentum for top altcoins.QCP analysts recently noted that while the macro environment could boost bulls, volatility might remain elevated. Both Bitcoin and Ethereum thus show a risk-off outlook unless the market sees cleaner spot bids.Vaulta is among the altcoins to falter amid this downturn, and Cardano’s on-chain metrics, like dormant supply activation, point to similar sell-off pressure.Recent rejections from the 50-day EMA also come after prices fell sharply from above $0.82 on October 10, 2025. The moving average now sits at $0.41 and recently triggered a decline to lows of $0.37.Currently, ADA is back at the fragile $0.38 support, and with funding rates flipping negative, shorts may have an upper hand.This classic bearish signal signals that retail optimism is evaporating. However, the 26% decrease in daily volume betrays weak conviction, and price may probe the key supply zone again.If ADA price doesn’t reclaim $0.40 with a volume surge, it risks a 10% breakdown that could bring multi-month support lows of $0.32.The post Cardano price hits a supply wall near $0.40: can ADA hold support? appeared first on CoinJournal.

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Key takeawaysETH is down 3% in the last 24 hours and is now trading above $3,200.The bearish performance comes amid renewed trade tensions between the U.S. and the EU.ETH dips below $3,200 on the U.S.-EU trade tensionsEther, the second-largest cryptocurrency by market cap, is down 3.4% in the last 24 hours and briefly dropped below the $3,200 level. The coin is now trading at $3,205 after slightly recovering from the dip.The bearish performance comes amid the ongoing trade tensions between the United States and the European Union. President Donald Trump threatened to escalate tariffs, starting at 10% on February 1 and rising to 25% by June, on imports from eight NATO allies (Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland).The president added that the tariffs will stay in place until Denmark agrees to sell Greenland to the United States. Rachael Lucas, crypto analyst at BTC Markets, stated that,“The latest U.S.-EU trade war headlines have certainly injected fresh volatility into an already uneasy market … adding a layer of geopolitical uncertainty that markets were in no shape to absorb. But while the headlines are loud, they’re not the fundamental driver of the current pullback in crypto.”ETH eyes the $3,360 resistance level as the market begins recoveryThe ETH/USD 4H chart is bearish and efficient after Ether lost more than 3% of its value in the last 24 hours. The technical indicators remain positive, suggesting that ETH could rally higher in the near term.The RSI of 52 is above the neutral 50, indicating a fading bullish momentum. The MACD lines remain above the neutral zone, signalling that the buyers remain in control.ETH/USD 4H ChartIf the market recovery continues, ETH could rally towards the first major resistance level at $3,360 over the next few hours or days.However, if the market correction continues, ETH could retest the January 12 swing low of $3,068.The post Ethereum price forecast: Ether reclaims $3,200 after slipping to $3,170 appeared first on CoinJournal.

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Key takeawaysDogecoin is down 7% in the last 24 hours, making it the worst performer among the top 10.The leading memecoin could record further losses as technical indicators switch bearish.Memecoins underperform as the broader market dipsThe cryptocurrency market is having a poor start to the week as Bitcoin, Ether, and XRP are all in the red. The biggest losers remain the memecoins, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), extending the decline from last week.Dogecoin has lost 7% of its value in the last 24 hours, making it the worst performer among the top 10 leading cryptocurrencies by market cap. It is currently trading below the crucial moving averages, aiming for the immediate support to enable it rally higher. The decline in Dogecoin aligns with the broader market pullback, as Bitcoin (BTC) drops below $93,000 on Monday after a leverage-driven rally failed to hold momentum.DOGE could dip lower if the selling pressure persistsThe DOGE/USD 4-Hour chart is bearish and efficient, thanks to Dogecoin losing 7% of its value in the last 24 hours. At press time, DOGE is trading at $0.1275, below the 20-day Exponential Moving Average at $0.1375 and the 50-day EMA at $0.1417, maintaining a bearish setup as both averages slope lower.The Moving Average Convergence Divergence (MACD) histogram on the 4-hour chart has slipped into negative territory and is expanding, suggesting strengthening bearish momentum. DOGE/USD 4H ChartThe Relative Strength Index (RSI) at 37 reflects an increase in selling pressure and is getting closer to the oversold region. If the bulls regain control, DOGE could rally towards the $0.14 level in the near term. However, failure to improve the market sentiment could see DOGE slip below the December 31 low at $0.1161. An extended bearish run could allow the bears to target the October 10 low at $0.09500.The post Will DOGE slip below $0.11 if selloff continues? Check forecast appeared first on CoinJournal.

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Sui price fell as tariff jitters spooked global markets.The token tumbled 12% in the past 24 hours as Bitcoin retreated under $93,000.Tariff jitters and overall risk-off sentiment threaten further SUI downturn.Sui price plunged nearly 13% to lows of $1.55 amid a broader market downturn marked by significant capital exodus from risk assets.This sharp correction, amplified by Bitcoin’s retreat from $96,000 highs to under $93,000 and Ethereum’s retest of $3,200, came as crypto saw over $680 million in longs liquidated.Many analysts are pointing to escalating geopolitical tensions tied to U.S. tariff threats on Europe over Greenland.Sui price plunges amid Bitcoin weaknessSui tumbled from $1.70 to a daily low of $1.54, breaching its 50-day exponential moving average at $1.70. The altcoin’s price has entered oversold territory with RSI below 40.Sui Price ChartSui price chart by TradingViewBears showed their teeth as Bitcoin’s price revisited the $92,500 support mark. As seen recently, this exacerbated the drop in altcoins.Sui, with a higher beta, suffered notable losses and saw over 10 million SUI tokens flow to exchanges.Technically, failure to reclaim $1.65 risks a slide to $1.40, with Sui’s support breach amid BTC deleveraging screaming further caution for bulls.Recently, a six-hour network outage dented community sentiment, and despite key upgrades, the lingering concern suggests a potentially slow recovery.However, if Bitcoin stabilises above $92,000 and reclaims key levels below $100,000, a follow-up altcoin rebound could see SUI eye the $2 mark and higher in the coming days.Sui price fell as tariff jitters spooked global marketsThe rout in top altcoins comes as BTC and ETH pull back after President Trump’s threat of 10% tariffs on several European countries.Escalating to 25% by June, the tariffs will target imports from Denmark, France, Germany, the Netherlands, Norway, Sweden, the UK, and Finland.These measures retaliate against opposition to the US acquisition of Greenland, prized for Arctic security and rare earth minerals.European indices like DAX and CAC 40 fell over 2% on Monday, but gold surged, and the dollar index topped 108, pressuring crypto.In retaliation, the EU has readied €93 billion in countermeasures, but with a potential trade war in the making, many alts could face further pain.While Bitcoin ETF inflows offer a floor, miner capitulation as profitability weakens may spell doom.” It means the $90k zone is a key threshold, with retail doomed if prices fall further.Crypto trader BitGuru thinks the decline has allowed Sui to sweep liquidity “into a key demand zone.” The next move is key as the current price level has often acted as a base for the next leg up.After a strong impulse move, $SUI entered a long consolidation and has now swept liquidity into a key demand zone.$SUI Price reaction here is crucial, as this area often acts as a base for the next expansion leg. pic.twitter.com/gru36LWy96— BitGuru 🔶 (@bitgu_ru) January 19, 2026The post SUI price crashes 13% as tariff jitters trigger risk-off selloff; Bitcoin slips below $93K appeared first on CoinJournal.

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Stellar price dropped sharply as altcoins shed recent gains.Broader market conditions, with Bitcoin dipping towards support, are a critical indicator.XLM bulls could see stagnation if the price drops to $0.20 or lower.Stellar price traded lower as top altcoins mirrored the movement of Bitcoin on Monday, and a slice through $0.22 threatened further declines toward the critical $0.20 support area.As selling pressure mounts, drawing fresh bearish bets across crypto exchanges, the broader market caution could allow for a deeper correction.Currently, bears dominate sentiment, fueled by technical breakdowns and fading on-chain conviction.XLM price nears multi-month supportStellar’s price has seen $0.20 emerge as a multi-month demand zone in recent months.Recently, the altcoin trended to above $0.24 before falling to support at $0.22.An attempt to recoup losses ended around $0.23, leaving the altcoin sliding to under $0.21 on Jan. 19 as Bitcoin plunged to under $93,000.The repeated rejections, with a marked downtrend, might erode buyer resolve and allow for a plunge to $0.20 or below.In favour of bears are derivatives that currently scream caution. Open interest has dropped to $131 million, with long-to-short ratios signaling more shorts piling in. This setup emboldens bears eyeing sub-$0.20 targets. BTC correlation will also matter.“Gold just hit a new all-time high of $4,600. It’s now headed towards $5,000, a major 4.618 Fibonacci extension resistance level,” crypto analyst Lark Davis noted on X.But the analyst added:“But the faster gold blasts through to $5,000, the quicker we could see meaningful capital rotation out of precious metals and into Bitcoin.”Stellar price technical outlookBears thrive on clear chart failures and XLM trades below both its 50-day ($0.227) and 200-day ($0.324) moving averages.Prices have accelerated lower since October 10, 2025, forming a bearish structure with RSI retreating to under 50 following a brief spike to the overbought line.Stellar Price ChartStellar price chart by TradingViewThe price rejections at previous support zones mean $0.25 and $0.22 now act as overhead resistance.Meanwhile, a daily close below $0.20 could accelerate the dump toward multi-year lows of $0.18 and $0.14.On the upside, Stellar will target $0.32 and $0.41 supply zones. A daily close above $0.23 will validate this thesis, opening up conviction trades.The last time XLM price went parabolic, bulls exploded from lows of $0.10 to above $0.63 in November 2024, and again from lows of $0.24 to peak at $0.52 in July 2025.Gains came amid spikes for XRP, an altcoin related to XLM in terms of its product goals.The Ripple token reached highs of $3.42 in July, outpacing the broader market amid major catalysts such as regulatory milestones and the launch of the RLUSD stablecoin.The post Stellar price forecast: XLM risks breakdown below $0.22 as bears target $0.20 support appeared first on CoinJournal.

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Key takeawaysDUSK has dropped below $0.2, losing 35% of its value in the last 24 hours.The coin rallied to $0.32 on Monday, up 150% within a week.DUSK cools down following its recent surgeDUSK, the native coin of the Dusk Network, has dropped below the $0.20 level, losing more than 35% of its value in the last 24 hours. The bearish performance comes after the coin added 150% to its value within seven days, outperforming major cryptocurrencies.Data obtained from CoinGlass shows that futures OI at exchanges reached a new all-time high of $47.94 million on Monday and steadied around $39 million on Tuesday. During that same period, the OI on the Binance exchange has reached $20.54 million, levels not seen since February 2023. The growing OI means new or additional money is entering the market, resulting in DUSK’s price surging higher. Santiment data also shows that the DUSK ecosystem’s trading volume reached a new all-time high of $298.43 million on Monday and steadied around $264.16 million on Tuesday. On Monday, Dusk announced its partnership with Chainlink to integrate key standards across DuskEVM. The integration will enable cross-chain interoperability for tokenized real-world assets and support real-time, high-integrity data for compliant financial applications, backed by NPEX, a fully regulated Dutch stock exchange.Will DUSK rally towards $0.33?The DUSK/USD 4-hour chart remains bullish and efficient despite the 35% pullback within the last 24 hours. It is still trading above the weekly resistance level at $0.17, with the bulls defending this level.If the bulls regain control and DUSK closes its daily candle above the weekly resistance level, it could extend the rally toward the December high of $0.33.DUSK/USD 4H ChartThe Relative Strength Index (RSI) on the 4-hour chart stands at 74, above the overbought threshold, indicating strong bullish momentum. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover.However, if the correction persists, DUSK could extend the decline toward the 50% price level at $0.18.The post DUSK dips 35% after surging 150% in seven days: Check forecast appeared first on CoinJournal.

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Key takeawaysPI is up 1% in the last 24 hours, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday.Selling pressure persists despite the recent slight recovery. Market sentiment remains bearish despite PI’s recoveryPI, the native coin of the Pi Network, is up 1% in the last 24 hours and is now trading at $1.91 per coin. The positive performance comes despite the broader cryptocurrency market recording losses in the last few hours.According to PiScan, the reserves of centralized exchanges have decreased by 4.24 million PI tokens, indicating large withdrawals over the last 24 hours. The decline in exchange reserves reflects strong buying pressure, allowing PI to recover above $0.19.Will PI hit $0.20 soon?The PI/USDT 4-hour chart is bearish and efficient despite the coin adding 1% to its value in the last 24 hours. At press time, PI is trading at $0.191, roughly 30% up from Monday’s low at $0.1502. The recovery aligns with the strong buying pressure and could push PI’s price higher in the near term. The RSI of 33 means that PI is slowly escaping the oversold region as buyers step in. The MACD lines are still within the negative territory, indicating that the sellers have yet to fully relinquish control. PI/USDT 4H ChartIf the recovery continues and PI hits the $0.1919 resistance level, it could rally towards the $0.2060 psychological zone. An extended bullish run would allow PI hit the previous weekly high of $0.2116.However, a daily candle close below $0.1919 could see PI give up some of its recent gains and retest the support levels at $0.1835 and $0.1632 in the near term. The post PI rebounds above $0.19 despite selling pressure: Check forecast appeared first on CoinJournal.

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Funds were split between two wallets holding $3.3 million and $880,000.The exploit involved MEV-linked addresses and preemptive transaction timing.MakinaFi has not released a technical statement or mitigation plan.A major crypto breach has struck MakinaFi, draining millions in Ethereum from the decentralised finance platform.The incident resulted in the loss of 1,299 ETH, valued at roughly $4.13 million at the time of the attack.PeckShieldAlert flagged the theft on X, where it traced the movement of the stolen assets across Ethereum wallets.The breach quickly gained traction online as blockchain analysts and on-chain trackers pieced together the flow of funds.It became evident that the attacker moved fast, using tools and tactics that suggest a high level of technical precision.Makinafi loses millions in etherThe exploit saw a sudden outflow of Ethereum from MakinaFi, although the platform has not yet issued a public explanation or technical breakdown.Users and observers are left to rely on data from Etherscan and posts from security firms to understand what happened.The total 1,299 ETH was siphoned off through a set of carefully timed transactions.While MakinaFi has yet to share how the vulnerability was exploited, the timing and transaction order suggest that the attack wasn’t random.There was no immediate freeze or recovery attempt reported from MakinaFi’s side.Two wallets hold the stolen fundsOn-chain data shows the stolen ETH was split between two addresses.The first wallet, marked as 0xbed2…dE25, currently holds an estimated $3.3 million. The second, 0xE573…f905, contains around $880,000.These wallets have not yet moved the funds further, but blockchain analysts are keeping a close eye on them.The attacker has so far avoided sending the ETH to known mixing services or exchanges, but watchers remain alert to any shift in movement patterns.Builder activity reveals exploit timingFurther investigation revealed links to an MEV Builder address (0xa6c2…).This detail points to a transaction ordering strategy often used to exploit timing advantages within the blockchain.PeckShieldAlert noted that some of the activity involved preemptive execution, a hallmark of MEV exploitation.The use of builder-side execution implies a high degree of automation and planning.The attacker likely used MEV tools to front-run or reorder transactions, increasing their chances of success and reducing the likelihood of detection during the transfer.Community tracks next stepsMakinaFi has not issued any official response or update since the incident was flagged.Without a public statement or action plan, it’s unclear whether the platform is investigating, attempting to recover the funds, or planning to compensate users.Meanwhile, the blockchain community continues to track the stolen ETH.Any attempt to combine the funds or offload them through exchanges could offer a chance for intervention.Analysts are watching for token mixing, wallet consolidations, or transfers to centralised platforms, which may trigger alerts or freezes.The lack of communication from MakinaFi leaves open questions around security readiness and risk management.Until a full breakdown is shared, the technical details behind the breach remain largely speculative.For now, the stolen ETH sits idle but visible — and the crypto world watches to see what happens next.The post MakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected appeared first on CoinJournal.

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A hard-start approach may force compliant firms to stop operations.The HKSFPA urges a 6–12 month grace period for applicants.The association also raised concerns over the CARF framework.Hong Kong’s plan to tighten oversight of digital asset firms has raised concerns that crypto managers could be forced to suspend operations.The warning comes from the Hong Kong Securities & Futures Professionals Association (HKSFPA), which has flagged risks associated with the potential implementation of new licensing requirements without a transition period.The government is currently consulting on extending the city’s regulatory reach across virtual asset dealing, advisory and fund management services.These proposals aim to close gaps in oversight but could leave active firms in limbo if licences are required from day one.Concerns over hard launch timingThe HKSFPA’s main concern is that a “hard start” would require all market players to hold a valid licence before the new framework officially begins.Without any grace period, this could mean that businesses awaiting approval would have to stop offering regulated services, even if they’ve submitted their applications.This would impact firms that are already operating legally under the current rules but have not yet received a licence under the new system.The concern is that licensing reviews could take time, especially given the complexity involved, which could create regulatory bottlenecks and disrupt the sector.Group pushes for grace periodIn a formal submission, the HKSFPA has asked for a six to twelve-month deeming period for businesses that apply ahead of the new regime’s start date.The group believes this would allow operations to continue while the Securities and Futures Commission (SFC) processes applications.Without such a buffer, even firms with strong compliance practices could face forced shutdowns due to administrative delays.The application process itself is not quick, and the risk of backlogs is significant, especially as more companies prepare to enter a newly regulated environment.Expanded oversight still under reviewThe proposed rules are still in the consultation phase and do not yet have a confirmed start date.If implemented, they would mark a shift in how virtual asset services are governed in Hong Kong, moving beyond trading platforms to include advisory and fund management services.The industry body supports Hong Kong’s aim of strengthening regulatory standards for digital assets.However, it warns that if timelines are too rigid, it could discourage institutional involvement and slow down the adoption of compliant crypto infrastructure.Second warning highlights implementation riskIn a separate consultation submission made this week, the HKSFPA also expressed concerns about the upcoming Crypto Asset Reporting Framework (CARF) being introduced in line with the OECD’s recommendations.While the group supports the policy direction, it again warned that inflexible execution could lead to unintended exposure to operational and legal risks.Taken together, the two submissions reflect a broader message from the industry: while regulation is welcomed, execution must avoid creating hurdles that push firms out of the market.The post Crypto firms in Hong Kong face risks as new licensing rules advance appeared first on CoinJournal.

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