Acum 17 h
Japan FSA flags KuCoin over unregistered services as outflows raise trust concerns
Japan's Financial Services Agency has listed KuCoin among unregistered businesses that received warning letters, citing online solicitation of OTC derivatives. Separate actions and restrictions in Hong Kong, Austria, and Dubai have added pressure, alongside a reported drop in exchange reserves from 14K BTC (2024) to 2100 BTC (early 2026) and stablecoin holdings from over $1.3B to $543M within a year.
BTC
BTC-3.48%
Acum 17 h
Acum 17 h
Tether Taps KPMG for First Full Audit of USDT Reserves After Years of Delays
Tether has engaged KPMG to carry out its first full, independent financial statement audit covering USDT reserves and related controls, after delaying a full audit for nearly a decade. The review is expected to span its balance sheet holdings such as U.S. Treasuries, cash equivalents, and digital assets, while PwC is said to be assisting with internal readiness. No public completion date has been provided, and Tether says the process is already underway.
BTC
BTC-3.48%
Acum 17 h
Acum 18 h
JPMorgan cuts 2026 S&P 500 year-end target to 7,200 from 7,500 amid oil shock
JPMorgan Chase strategists led by Fabio Bassi lowered the bank's 2026 year-end S&P 500 target from 7,500 to 7,200, citing geopolitical risks and tighter oil flows through the Strait of Hormuz. The team said reduced shipping traffic and higher energy prices could weigh on U.S. profits and growth; at the time of writing the index stood at 6,591 while WTI spot traded at $95.36 per barrel.
BTC
BTC-3.48%
Acum 18 h
Acum 18 h
GameStop Pledged 4,709 of 4,710 BTC to Coinbase Credit, Logs $131.6M Digital-Asset Loss
GameStop's March 26 10-K said it did not sell its Bitcoin, but pledged 4,709 of its 4,710 BTC to Coinbase Credit as collateral for a covered-call options strategy. In fiscal 2025, the company reported a $131.6 million total loss on digital assets, while valuing its BTC position at $368.3 million as of January 31, 2026. The filing also followed Q4 2025 results released March 24 showing net sales of $1.104 billion, down 14% year over year.
BTC
BTC-3.48%
Acum 18 h
Acum 19 h
Binance Australia Derivatives hit with AUD 10 million penalty for client misclassification
Binance Australia Derivatives was ordered by the Federal Court to pay AUD 10 million ($6.9 million) after admitting it wrongly treated 524 retail clients as wholesale investors over a nine-month period. The misclassification meant customers accessed high-risk crypto derivatives without required protections, with reported losses of AUD 8.66 million ($5.9 million) and fees of AUD 3.9 million ($2.7 million).
BTC
BTC-3.48%
Acum 19 h