Evening wrap · October 26, 2026
Keystone Scraps 19,000 Wallets as South Korea Eyes Tax Delay
Hardware wallet maker Keystone is scrapping 19,000 unshipped devices following a key leak, while South Korea considers delaying its crypto gains tax to 2029.
- 1
Keystone to Scrap 19,000 Hardware Wallets Over Key Leak
An attacker obtained a WebAuth device authenticity key, forcing Keystone to destroy unshipped inventory. A separate data breach exposed roughly 39,000 customer records.
- 2
South Korea Weighs Delaying Crypto Tax Until 2029
Lawmakers may postpone the 22% crypto gains tax for a fourth time. Officials noted that domestic platforms face unequal burdens because US exchanges will not share tax data until 2029.
- 3
Canada Proposes Direct Central Bank Oversight for Stablecoins
The Department of Finance released draft rules mandating non-bank stablecoin issuers to register with the Bank of Canada and hold one-to-one fiat reserves.
- 4
Anthropic Files S-1 for November IPO Revealing $80.7B Loss
The AI company reported $16.3 billion in first-half 2026 revenue. Pre-IPO perpetual contracts on Hyperliquid traded between $1,857 and $1,980 with $12 million in volume.
- 5
Galaxy Research Identifies End of Bitcoin Bear Market
Alex Thorn noted that Bitcoin recorded five consecutive weekly closes above its 50-week moving average. Spot ETFs have acquired 87,000 $BTC since June.
- 6
Aviva Investors Deploys Tokenized Money Market Fund on XRP Ledger
The asset manager introduced a tokenized share class for its £22 billion Sterling Liquidity Fund, seeding the new vehicle with £50 million.
Numbers
Bitcoin trades at $79,722, Ether sits at $2,303, and total crypto market capitalization is $2.63 trillion.
Watch
Keystone's deployment of a replacement WebAuth key architecture and Foundation's final tally of compromised customer records. · South Korea's parliament deciding on the statutory amendment to delay the crypto tax in early December. · Release of Anthropic's updated S-1 terms disclosing share count and target price ahead of a mid-November pricing window.
Full text
Hardware wallet maker Keystone is scrapping 19,000 unshipped devices following a key leak, while South Korea considers delaying its crypto gains tax to 2029.
Keystone to Scrap 19,000 Hardware Wallets Over Key Leak An attacker obtained a WebAuth device authenticity key, forcing Keystone to destroy unshipped inventory. A separate data breach exposed roughly 39,000 customer records.
South Korea Weighs Delaying Crypto Tax Until 2029 Lawmakers may postpone the 22% crypto gains tax for a fourth time. Officials noted that domestic platforms face unequal burdens because US exchanges will not share tax data until 2029.
Canada Proposes Direct Central Bank Oversight for Stablecoins The Department of Finance released draft rules mandating non-bank stablecoin issuers to register with the Bank of Canada and hold one-to-one fiat reserves.
Anthropic Files S-1 for November IPO Revealing $80.7B Loss The AI company reported $16.3 billion in first-half 2026 revenue. Pre-IPO perpetual contracts on Hyperliquid traded between $1,857 and $1,980 with $12 million in volume.
Galaxy Research Identifies End of Bitcoin Bear Market Alex Thorn noted that Bitcoin recorded five consecutive weekly closes above its 50-week moving average. Spot ETFs have acquired 87,000 BTC since June.
Aviva Investors Deploys Tokenized Money Market Fund on XRP Ledger The asset manager introduced a tokenized share class for its 22 billion pound Sterling Liquidity Fund, seeding the new vehicle with 50 million pounds.
Numbers Bitcoin trades at $79,722, Ether sits at $2,303, and total crypto market capitalization is $2.63 trillion.
Watch
- Keystone's deployment of a replacement WebAuth key architecture and Foundation's final tally of compromised customer records.
- South Korea's parliament deciding on the statutory amendment to delay the crypto tax in early December.
- Release of Anthropic's updated S-1 terms disclosing share count and target price ahead of a mid-November pricing window.
Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.