TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

President Karol Nawrocki of Poland vetoed the Cryptoasset Market Act, citing concerns about threats to freedom, property, and state stability. The act aimed to align Poland with the EU's crypto regulations but was deemed overly complex and favoring corporations over startups.

The UK has officially recognized cryptocurrency as property with the passing of the Property (Digital Assets etc) Act, establishing a new legal category for digital assets like cryptocurrencies and NFTs. This law aims to modernize property law to include ownership rights and protections for consumers and investors.

Large holders of Ethereum have been making significant purchases, with one acquiring 18,345 ETH worth $55 million from BitGo. Another bought 4,597 ETH worth $13 million from Binance, and a third purchased 30,278 ETH worth $91.16 million from Kraken. These moves coincide with a market rebound from early December losses.

A web domain connected to a scam compound in Burma was seized by U.S. agents, part of efforts to disrupt fraud networks in Southeast Asia. The domain operated from the Tai Chang compound, deceiving victims with fake balances and returns.

Grayscale introduced the Grayscale Chainlink Trust ETF (GLNK) on NYSE Arca, converting it from a private trust to an ETF holding Chainlink's LINK cryptocurrency. The move aligns with the SEC's new listing standards, enabling the asset manager to launch the product.

Kraken's acquisition of Backed Finance AG aims to boost tokenization, facilitating the trading of securities on blockchain networks like Ethereum and Solana. The move is part of Kraken's strategy to enhance global adoption of tokenized assets and revolutionize market structures.

Myriad prediction market traders have lowered the chance of a crypto winter from 30% to 9% as Bitcoin and Ethereum prices rebound. Ethereum is set to undergo the Fusaka upgrade, impacting data collection from layer-2 networks. Analysts are closely monitoring central bank decisions for Bitcoin's year-end performance.

Two leveraged ETFs, T-REX 2X Long SOL Daily Target ETF and T-REX 2X Long XRP Daily Target ETF, have been introduced by REX Shares and Tuttle Capital Management to provide 200% leveraged exposure to Solana and XRP. These ETFs offer a way for traders to capitalize on short-term price swings in the crypto market.

Crypto majors like BTC, ETH, BNB, and SOL are rebounding after a recent selloff, with some altcoins like Fartcoin, SPX, and PUMP leading gains. Vanguard will now allow trading of crypto ETFs, while Coinbase faces a lawsuit over alleged insider trading. Ripple expands services in Singapore, and AI agents discover vulnerabilities in crypto protocols.

Bank of America plans to introduce digital asset exposure for wealth management clients, allowing up to 4% allocation to cryptocurrencies starting next year. This move aims to cater to investors with varying risk profiles, with coverage of Bitcoin ETFs from various providers also set to begin in January.