SEC

Markets

South Korea Orders Crypto Exchanges to Verify Asset Holdings Every 5 Minutes. One Exchange Error Made It Happen.

The FSC's emergency inspection found three of South Korea's five major platforms reconciling balances only once every 24 hours. The trigger: Bithumb crediting 620,000 BTC — roughly $56 billion — to 249 users instead of 620,000 Korean won. Regulators have now mandated five-minute reconciliation cycles, automatic kill switches, monthly external audits, and daily public disclosure of results. The deadline is May 2026.

By Ramy Morton
News

Bitmine Uplists to the NYSE and Expands Share Buyback to $4 Billion

The Ethereum treasury company began trading on the NYSE under ticker BMNR on Thursday, moving up from NYSE American. Simultaneously, its board unanimously raised the share repurchase program from $1 billion to $4 billion — despite the stock trading down more than 64% over the past six months.

By Ramy Morton
Tech

Anthropic's 3.5 Gigawatt Deal Is a Direct Challenge to Bitcoin Miners. Many Are Already Switching Sides.

On April 6, 2026, Anthropic announced a partnership with Google and Broadcom for multiple gigawatts of next-generation TPU compute capacity starting in 2027 — its largest infrastructure commitment ever. Revenue run rate: $30 billion, up from $9 billion at end-2025. Bitcoin miners lose roughly $19,000 per coin produced. AI hosting offers 80–90% operating margins. The industry's biggest business model shift in history is already underway.

By Jan Whitfield
News

Alabama Just Gave DAOs What They Have Needed for Years

Governor Kay Ivey signed the DUNA Act on April 1, 2026, giving decentralized autonomous organizations full legal personality in Alabama. Over $24.5 billion in DAO treasury assets have operated without this protection. That is changing.

By Jan Whitfield
News

SEC's 'Reg Crypto' Is One Step From Publication. Here Is What the Proposal Actually Contains.

SEC Chair Paul Atkins confirmed on April 6, 2026 that 'Regulation Crypto Assets' is at OIRA — the White House's regulatory review office — awaiting sign-off before public comment opens. The proposal creates three safe-harbor pathways, reclassifies most crypto assets as non-securities, and introduces the first structured fundraising framework for blockchain startups under U.S. federal law.

By Jan Whitfield