In a world where the lines between financial innovation and traditional media are constantly blurring, Changpeng Zhao, the once-controversial co-founder of Binance, finds himself at the eye of the storm. Recently, Zhao took to social media to express his frustration with a Wall Street Journal article that insinuated he was in talks with the Trump
Exchanges
In a stunning twist that could reverberate through the cryptocurrency landscape, Indian authorities arrested Aleksej Besciokov, a co-founder of the controversial exchange Garantex. This arrest in Varkala, a Kerala coastal town, comes on the heels of coordinated action between the US and Europe, marking a decisive moment in the fight against crypto-related financial crime. It
The recent acquisition of an Electronic Money Institution (EMI) license by Kraken in the UK is not just another notch on the cryptocurrency belt; it’s a substantial shift with potential far-reaching implications for the digital asset landscape in Europe. This milestone, recognized by the Financial Conduct Authority (FCA), allows Kraken, operating under Payward Ltd, to
The cryptocurrency landscape is poised for a transformative phase, characterized by Kraken’s forthcoming Initial Public Offering (IPO) set for early 2026. The distinct pivot in regulatory attitudes under the Trump administration is noteworthy, especially when juxtaposed against the previous administration’s heavy-handed approach to crypto regulation. This newfound optimism signals not just a favorable environment for
In a monumental blow to the underground financial ecosystem, U.S. and European law enforcement officials have unraveled Garantex, a shadowy crypto exchange entwined with Russian criminal enterprises. With accusations of laundering billions and permitting a plethora of illicit activities ranging from cybercrime to drug trafficking, Garantex stands as a testament to the increasing audacity of
In a recent episode of Tucker Carlson’s podcast, former FTX CEO Sam Bankman-Fried (SBF) managed to exemplify not only the arrogance typical of those entangled in scandal but also a gross disconnect from reality. Bankman-Fried, now branded a pariah in financial circles, has offered himself as a misunderstood genius who simply made an unfortunate set
In a world increasingly reliant on digital currencies and blockchain technology, the recent $1.5 billion hack of Bybit, as disclosed in Safe’s preliminary report, serves as a stark reminder of vulnerability that lurks beneath the surface of such sophisticated systems. The hack, attributed to a compromised developer’s laptop, raises critical questions about cybersecurity protocols, risk
In a shocking turn of events, the Bybit exchange has reported that hackers have made off with a staggering $1.4 billion in a prominent security breach. What’s more unsettling is that approximately $1.07 billion, or 77% of the stolen assets, can evidently still be tracked—a glimmer of hope for the victims, but also a troubling
In a surprising turn of events, Cronos—a Layer 1 blockchain closely associated with Crypto.com—proposes the restoration of 70 billion CRO tokens that were burned back in 2021. This move is not merely a technical adjustment but rather a significant pivot in how the community envisions the long-term scalability and strategic positioning of the blockchain. Early
On March 17, the CME Group announced plans to launch Solana (SOL) futures contracts, pending necessary regulatory approvals. This move has generated excitement among market participants, driven by an uptick in client demand for more sophisticated trading instruments in the cryptocurrency space. Notably, Nate Geraci, CEO of The ETF Store, expressed optimism about this development,