Australia’s Federal Court has imposed A$14 million (approximately US$9.3 million) in pecuniary penalties on BPS Financial Pty Ltd for breaches related to the promotion and operation of its Qoin Wallet crypto product, as announced by the Australian Securities and Investments Commission (ASIC) on January 27, 2026. The penalties comprise A$12 million for misleading and deceptive conduct—specifically, false or misleading representations …
Latest News
January, 2026
-
27 January
Base Won’t “Pump” Tokens: Jesse Pollak Calls Market Manipulation Illegal
Jesse Pollak, creator and lead of Coinbase’s Ethereum Layer-2 network Base, issued a firm statement on January 27, 2026, rejecting any form of token price manipulation by the Base core team. In a direct response to community calls urging the team to “support charts behind the scenes” or deploy capital to boost specific ecosystem tokens, Pollak labeled such practices as …
-
27 January
Bitwise Unveils Non-Custodial Onchain Yield Vaults on Morpho With 6% APY Target
Crypto asset manager Bitwise has deepened its foray into decentralized finance (DeFi) by launching non-custodial vault curation on the Morpho protocol, announced January 26, 2026. The initial strategy targets an annual percentage yield (APY) of up to 6% on stablecoins, primarily USDC, through overcollateralized lending pools with active risk management. Unlike custodial products, these vaults keep user assets fully onchain …
-
27 January
Ethereum Hits Speed Bump After Fusaka Upgrade as Data-Heavy Blocks Surge
Ethereum’s Fusaka upgrade, activated on December 3, 2025, aimed to dramatically boost scalability by introducing Peer Data Availability Sampling (PeerDAS) and significantly increasing blob capacity—up to 8x initially, with subsequent Blob-Parameter-Only (BPO) forks pushing max blobs per block to 21 by early January 2026. These changes expanded data throughput for Layer-2 (L2) rollups like Arbitrum, Optimism, and Base, lowering fees …
-
27 January
BlackRock’s Bitcoin ETF Could Be a Cash Machine — How Will Institutions Respond?
BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), launched in January 2024, has emerged as one of the fastest-growing exchange-traded products in history and a significant revenue driver for the world’s largest asset manager. With assets under management (AUM) reaching approximately **$68.3 billion** as of January 26, 2026 (holding over 778,000 BTC), IBIT dominates the U.S. spot Bitcoin ETF …
-
27 January
Australia Flags Crypto Regulation Gaps as Major 2026 Risk – What Happens Next?
The Australian Securities and Investments Commission (ASIC) has identified regulatory gaps in digital assets and fintech as a major priority risk for 2026, warning that rapid innovation in cryptocurrency, payments, and AI sectors continues to expose consumers to unlicensed advice, misleading conduct, and unclear regulatory boundaries. In its newly released “Key Issues Outlook 2026” (published January 27, 2026), ASIC highlighted …
-
27 January
Senator Backs Down on Card Fee Battle to Rescue Crypto Bill — Can It Pass Now?
In a significant concession, Republican Sen. Roger Marshall (R-KS) has agreed not to introduce a controversial amendment targeting credit and debit card transaction fees (“swipe fees”) during the Senate Agriculture Committee’s markup of major cryptocurrency legislation, scheduled for Thursday, January 29, 2026 (delayed from earlier dates due to weather). The decision, reached in private discussions over the weekend, aims to …
-
27 January
Crypto Prices Jump Today: What’s Driving the Rally on January 27, 2026?
Cryptocurrency prices showed limited movement on January 27, 2026, with Bitcoin hovering around $88,000 and the broader market displaying range-bound trading amid cautious investor sentiment. The global crypto market capitalization stabilized near $2.98 trillion, while 24-hour trading volumes remained subdued following recent pullbacks. Bitcoin traded modestly higher in early sessions—up ~0.2–0.9% to levels between $87,900 and $88,400—but failed to reclaim …
-
27 January
Fake ‘ClawdBot’ AI Token Soars to $16M, Then Crashes 90% — Founder Sounds Scam Alarm
A counterfeit cryptocurrency token mimicking the popular open-source AI assistant ClawdBot (recently rebranded to Moltbot) skyrocketed to a market capitalization of nearly $16 million before collapsing over 90% in value, leaving retail investors facing steep losses. The fake $CLAWD token, launched on the Solana blockchain, gained explosive traction amid the project’s viral growth and a chaotic rename process. Scammers exploited …
-
24 January
Netherlands Faces Capital Flight Risk Over Unrealized Gains Tax on Stocks & Crypto
The Netherlands is poised to overhaul its Box 3 wealth tax system, introducing annual taxation on actual returns—including unrealized (paper) gains—for assets like stocks, bonds, and cryptocurrencies starting January 1, 2028. The reform, known as the “Wet werkelijk rendement Box 3,” responds to court rulings criticizing the current notional/deemed return model as unfair. Under the proposal, Dutch residents would pay …
Business Sandesh Indian Newspaper | Articles | Opinion Pieces | Research Studies | Findings & News | Sandesh News