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Gemini Exits UK, EU, and Australia to Focus on the US Market

Gemini, the crypto exchange founded by the Winklevoss twins, is retreating from three major markets and slashing 25% of its staff as it recalibrates its global operations. In a Thursday disclosure, the firm cited artificial intelligence-driven automation that makes engineers significantly more efficient and a tougher operating environment in the United Kingdom, European Union, and Australia as primary drivers for the pivot. The decision underscores a broader push by crypto players to optimize cost structures amid a difficult macro cycle and regulatory headwinds. Gemini said it will concentrate resources on the US, where it believes capital markets are the strongest, and on developing its prediction market platform, Gemini Predictions, launched in December 2025. Key takeaways Exit from the United Kingdom, European Union, and Australia accompanied by a 25% staff reduction, driven by AI-enabled efficiency gains and higher operating costs in those regions. Strategic shift toward the US...
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CoinCatch Sets Final Withdrawal Deadline Ahead of Liquidation

CoinCatch has moved into a post-suspension phase, outlining a tightly defined window for users to withdraw remaining assets before the company proceeds with liquidation. Following the halt of trading and core operations in late January 2026, the platform is maintaining a limited technical framework designed solely to facilitate withdrawals. The arrangement, which runs until 30 March 2026 (UTC), is positioned as a final remedial measure for users who have not yet recovered funds, after which any remaining balances will be handled as part of a formal liquidation process. Key takeaways CoinCatch suspended all trading and operational activity as of 30 January 2026. A restricted withdrawal-only system will remain active until 30 March 2026 (UTC). No account changes, transfers, or identity resets are supported during this period. Assets not withdrawn by the deadline will be addressed through liquidation under applicable law. The company plans to appoint a third-party liquidato...

Betterment Confirms Data Breach After Crypto Phishing Attack

Betterment has confirmed a security incident in which attackers exploited social engineering to access third-party tools used by the company, exposing customer contact data and enabling a targeted crypto-themed phishing attempt. The breach, detected on January 9, did not involve compromised passwords or customer accounts, according to the firm. Still, the episode highlights how marketing and operations platforms can become a weak link, especially when attackers leverage trusted communication channels to deceive users. Key takeaways Unauthorized access occurred on January 9 through social engineering targeting third-party platforms used for marketing and operations. Exposed data included names and email addresses, and in some cases postal addresses, phone numbers, and dates of birth. Attackers sent a fraudulent crypto-related message to a subset of customers, attempting to solicit funds. No customer accounts, passwords, or login credentials were accessed, according to the co...

Why Bitcoin Analysts Say BTC Has Entered Full Capitulation

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Fidelity Launches Digital Dollar Stablecoin FIDD

Fidelity Investments has entered the stablecoin market with the launch of Fidelity Digital Dollar (FIDD), marking a significant step by one of the world’s largest asset managers into on-chain dollar instruments. Announced on February 4, 2026, the new stablecoin is issued by Fidelity Digital Assets, National Association, and is available to both retail and institutional clients. Each token is redeemable at a 1:1 ratio with the U.S. dollar, positioning FIDD as a regulated, institutionally managed alternative in a stablecoin market that now exceeds $316 billion in total capitalization. Key takeaways Fidelity has launched its first U.S. dollar-backed stablecoin, Fidelity Digital Dollar (FIDD), available to retail and institutional clients. FIDD can be purchased or redeemed directly through Fidelity platforms at a fixed rate of $1 per token. Reserve assets are managed internally, leveraging Fidelity’s long-standing asset management infrastructure. The stablecoin operates on the ...

Dubai Land Department Opens PropTech Connect 2026 With Focus on AI and Innovation

Editor’s note: Dubai Land Department has opened PropTech Connect Middle East 2026 with a programme centered on regulation-led innovation, digital transformation, and institutional capital in real estate. The first day combined policy direction, market data, and practical discussions on PropTech, asset management, customer experience, and capital flows. Alongside keynote remarks, the department announced multiple memoranda of understanding aimed at strengthening public-private collaboration and accelerating digital adoption. The event positions governance, data, and AI as enablers of market efficiency while aligning sector innovation with Dubai’s long-term economic and real estate strategies. Key points PropTech Connect Middle East 2026 launched in Dubai under the supervision of Dubai Land Department. Leaders highlighted digital transformation and AI as drivers of sustainable economic value in real estate. Eight MoUs were signed with developers to support innovation, transpare...

Binance Shifts From Exchange to Crypto Infrastructure Backbone in MENAP

Editor’s note: The press release below outlines how Binance is repositioning its role in the MENAP region as crypto markets mature, shifting emphasis from pure trading activity to regulated infrastructure and institutional integration. It details recent regulatory approvals, compliance milestones, and partnerships across the UAE, Pakistan, and Bahrain, highlighting a strategy focused on long-term adoption rather than rapid user growth. The announcement reflects broader market trends toward regulatory alignment, embedded financial services, and scalable digital-asset infrastructure as governments and institutions across the region formalize their approach to crypto. Key points Binance is emphasizing infrastructure, compliance, and institutional partnerships over speculative trading growth. The ADGM FSRA license positions Binance within one of the world’s most stringent regulatory frameworks. In Pakistan, Binance has secured AML registration and begun a phased path toward local...