Latest News

Kraken Says Insider Data Leak Fueled Extortion
Kraken says an insider-linked data leak fueled an extortion attempt, not an external hack, with limited support access and no client funds at risk.

Deutsche Börse Backs Kraken at $13.3B Valuation
Deutsche Börse is investing $200M in Kraken for a 1.5% stake, implying a $13.3B valuation as traditional finance deepens crypto ties.

MEXC CEO Tames Memecoin Frenzy
MEXC's new CEO Vugar Usi wants to keep the exchange's fast memecoin-driven retail edge while tightening compliance, reputation, and user trust.
Bithumb Delays IPO Until After 2028
Bithumb has delayed its IPO to after 2028 as the South Korean crypto exchange focuses on stronger controls and waits for clearer digital asset rules.
Bithumb Pushes CEO Reappointment Despite Scandals
Bithumb seeks to reappoint CEO Lee Jae-won at March 31 meeting despite FIU scrutiny and a reported six-month partial suspension over AML lapses, amid scandals.

Winklevoss Twins’ Bull-Market Gamble Backfires, Slashing Gemini Value and Their Net Worth
Reports this week say Winklevoss twins' bull-market bet soured after Gemini's fall 2025 IPO and spending spree, cutting valuation and net worth by billions.

Kraken to List Pi Network (PI) on March 13, Igniting Pre–Pi Day Rally Hopes
Kraken will list Pi Network (PI) on March 13 ahead of Pi Day, boosting rally hopes as exchange balances hit 451M, raising sell-pressure risk for traders.
South Korea FIU Proposes 6-Month Bithumb Suspension for AML/KYC Failures
South Korea's FIU proposes a 6‑month partial suspension of Bithumb for alleged AML/KYC failures, potentially freezing onboarding and controls key services.

US Judge Tosses Terror-Financing Claims Against Binance, Clearing CZ in Victims’ Suit
US judge dismisses terror-financing claims against Binance and ex-CEO CZ, ruling victims failed to show intent or link in 64-case suit to specific attacks.

OKX Launches Feed-to-Trade Social Platform That Turns Posts Into One-Tap Crypto Orders
OKX adds an in-app feed-to-trade social layer, letting users turn posts, charts and theses into one-tap crypto orders without switching screens inside OKX.

Binance Doubles Down on APAC, Pursues Five New Crypto Licenses by End‑2026
Binance targets five new APAC crypto licenses by end-2026, pushing past 20 jurisdictions, citing 300M users and $7.1T volume to win Asia's crypto market.

SoftBank-Backed PayPay Targets Up to $1.1B Nasdaq IPO, Holds 40% of Binance Japan
SoftBank-backed PayPay plans a Nasdaq IPO (PAYP), offering 55M ADS at $17-$20 to raise up to $1.1B, valuing it over $10B; owns 40% of Binance Japan unit.

DOJ Indicts Paxful Co-Founder Ray Youssef Days After Exchange’s $4M AML Guilty Plea
DOJ indicts Paxful co-founder Ray Youssef days after exchange's $4M BSA/AML guilty plea, alleging unlicensed transfers, illicit funds and sex-ad payments.

Bitcoin Flash Crashes Below $48K on Little-Known Exchange Even as Crypto Market Rallies
Bitcoin briefly plunged below $48K on a little-known exchange during a wider crypto rally, likely an isolated wick from thin liquidity, not marketwide panic.

Whistleblowers Allege Binance Facilitated $1B in Iran-Linked Transactions Despite U.S. Sanctions
Whistleblowers allege Binance handled $1B in Iran-linked transactions despite U.S. sanctions; Binance denies, citing tougher KYC controls, reviving scrutiny.

Tether-Backed Crypto Exchange Ditches Retail to Build Stablecoin ‘Plumbing’ for Europe’s Biggest Banks
Tether-linked exchange shifts from retail to MiCA-ready stablecoin settlement rails, offering APIs, liquidity and treasury plumbing for Europe's top banks.

Austria’s FMA blocks KuCoin EU from onboarding new customers over compliance staffing shortfalls
Austria's FMA halted KuCoin EU from onboarding new customers, citing compliance staffing gaps, highlighting tougher regulation as crypto prices rise in Europe.

Gemini Shares Drop 10% After COO, CFO and Chief Legal Officer Exit Months After IPO
Gemini shares fell 10% as COO, CFO and chief legal officer quit months after the crypto firm's IPO, spooking investors over controls and compliance risks.