Fireblocks has denied reports that Visa is in advanced talks to acquire the crypto infrastructure company for approximately $2.5 billion. The denial follows an Axios report describing late-stage negotiations. Visa declined to comment on speculation and no acquisition agreement has been announced.
Andreessen Horowitz reportedly plans to remove crypto from its flagship blockchain fund’s name and expand into other investment areas. The Information also reports that an original founding team member is leaving. The changes would mark a shift in strategy for one of the industry’s leading investors.
Italian police dismantled an alleged mafia-linked underground bank accused of laundering €68 million through international transfers and cryptocurrency. The operation resulted in 30 arrests and more than €21 million ($24 million) in asset seizures. Investigators also uncovered over €110 million in fraudulent invoices.
A wave of cybersecurity threats has affected government websites, financial institutions and AI infrastructure. Critical PHP and GitLab flaws, compromised security certificates, AI-powered attacks on over 1,200 websites and malicious software have prompted emergency security responses worldwide.
Meta reported Q3 2026 revenue of $64.6 billion, beating expectations, but operating income fell 37% to $12.99 billion against a $20.85 billion forecast. A $9.89 billion legal settlement charge drove much of the decline. Excluding the charge, operating profit would have reached $22.88 billion.
Tesla reported Q3 2026 revenue of $28.05 billion and gross margin of 19.6%, beating a 17.8% margin forecast. Gross profit rose 9% and free cash flow reached $1.53 billion, although operating income declined 56% amid rising investment spending.
China is seeking to confiscate approximately 61,896 Bitcoin worth more than $5 billion linked to Qian Zhimin’s investment fraud. The cryptocurrency remains held by British authorities as separate Chinese and UK proceedings continue. Thousands of victims are challenging a recent UK ruling over ownership rights.
Hackers used Claude, Grok and Kimi to automate cyberattacks against more than 400 financial targets in Latin America, according to an investigation by The Information. Cybersecurity firm Straiker uncovered evidence of stolen credentials, customer data and unauthorized bank account access involving the CyberCartel hacking group.
Vladimir Putin and US envoy Steve Witkoff held Ukraine peace talks in St. Petersburg following negotiations involving Zelenskyy and European leaders in Oslo. Witkoff is expected to return to Norway to relay Russia’s response as diplomatic efforts continue without a confirmed peace agreement.
The OCC has finalized its first GENIUS Act regulations governing US stablecoin issuers and cryptocurrency rewards programs. Effective January 18, 2027, the rules establish federal oversight requirements and clarify that existing stablecoin rewards programs receive no automatic exemption from the law’s restrictions.
