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FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since rep…
FTX to begin fifth creditor distribution on July 31
FTX will begin its fifth creditor distribution on July 31, with eligible customers receiving payments through BitGo, …
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool is worth covering because it sits inside…
Trump aide allegedly made $100K betting on 12 speeches before anyone knew – then Kalshi stepped in
More than a dozen speeches are alleged, but no cited report dates the first alert, restriction, or CFTC referral. The…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
Taiwan sentences BitShine crypto exchange ringleader to 22 years in $39 million fraud case: reports
The defendant reportedly led a criminal group that operated under the guise of BitShine, which was once registered wi…
UK gang jailed over $5.4 million crypto scam posing as police
The gang impersonated police officers and used convincing fake police websites to steal more than £4M in cryptocurre…
Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028
A 2028 start depends on FIEA enforcement landing in 2027, while eligible assets and product approvals face separate g…
‘We’re going to get it done’: Crypto bill faces what could be final test over Trump conflicts of interest
Optimism is brewing to get a crypto bill passed, with some variations on timing as onlookers wait to see how ethics w…
Trump’s longtime teleprompter operator accused of using insider knowledge to place bets on Kalshi: ABC News
President Trump's teleprompter is under scrutiny following a report alleging that he used insider knowledge to place …
SEC filing shows viral $71 million XRP ETF claims are out by 1,000x
The adviser reported 12,380 XRPI shares worth $71,059, not $71 million, under the SEC's current nearest-dollar conven…
US jury indicts South Dakota crypto investor on 29 counts over alleged $20 million investor fraud
DOJ indicted Sioux Falls crypto investor Benjamin Paul Wiener on 29 counts over an alleged $20 million fraud, with a …
Is using an old iPhone safer than a crypto hardware wallet? ZachXBT thinks so
ZachXBT recently argued that a dedicated iPhone offers better security than a hardware wallet, a line of reasoning th…
Lummis, Gallego secure unanimous Senate approval opposing Sam Bankman-Fried clemency
The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX fou…
California pair charged with laundering crypto proceeds from darknet fentanyl sales
The pair allegedly shipped over 500 drug parcels over a seven-month period and laundered hundreds of thousands of dol…
‘Hugely positive’ meeting on Thursday with Trump to discuss ethics raises hopes for passage of sweeping crypto legislation
Ethics will be front and center Thursday at a meeting with President Donald Trump, a small group of lawmakers and Whi…
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a govern…
How Morgan Stanley plans to bring crypto custody, staking and lending support in-house
Preliminary OCC approval outlines a bank that could consolidate key crypto functions, while outside venues and infras…
Coinbase’s Jesse Pollak hands Base app leadership to Cobie after admitting social bets fell short
Coinbase executive Jesse Pollak will focus on Base blockchain's infrastructure, prioritizing trading, stablecoin paym…
Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it
The 175 MW contract creates a long revenue path while funding terms remain undisclosed and missed milestones may redu…
Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins
Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.
Kraken Pro Launches API Partner Program Supporting Specialized Integrations
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, beca…
William Blair cuts Coinbase forecasts but says crypto downturn nearing a bottom
William Blair expects Coinbase's earnings to bottom in the second half of 2026 before rebounding next year.
Sony’s stablecoin plan sends PlayStation crypto rumors racing ahead of the facts
The OCC has conditionally approved a proposed Sony Bank trust, while games, the PlayStation Store and a consumer laun…
DTCC begins first tokenized stock and Treasury production trades involving JPMorgan, BlackRock and Goldman
JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares w…
Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement
Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infr…
Circle suspended Tether-backed fund over market manipulation concerns, arbitration filings show
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the…
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.
Czech Republic moves to block Polymarket over unlicensed gambling
The Czech Republic moved to block Polymarket, joining other European jurisdictions targeting prediction markets over …