The cryptocurrency world is poised for a seismic shift, especially with Kraken, one of the largest crypto exchanges, announcing its plans for an initial public offering (IPO) in early 2026. This bold move is driven by a significant change in regulatory warmth under the current political climate—particularly after years of navigating through a maze of
Exchanges
In a significant blow to the murky world of cybercrime, US and European law enforcement have successfully dismantled Garantex, a Russian-affiliated cryptocurrency exchange. This exchange had allegedly been instrumental in laundering billions of dollars for a collection of unsavory characters, including cybercriminals, drug traffickers, and entities under international sanctions. The Justice Department’s announcement spells out
In a recent and disconcerting interview with Tucker Carlson, Sam Bankman-Fried, the former CEO of FTX, pushed back vehemently against the narrative that depicts him as the “biggest criminal” in the cryptocurrency landscape. His adamant denial of wrongdoing raises questions about accountability and ethics in an industry that is already grappling with trust issues. This
The recent $1.5 billion hack that rocked Bybit exemplifies a significant failure in cybersecurity protocols stemming from a simple yet catastrophic oversight. Initially reported by Safe, the breach was traced back to a compromised developer’s laptop, a vulnerability ideally never an issue in well-structured organizations. Yet, here we are, analyzing a monumental breach that not
The recent breach at Bybit is not just another line in the ledger of cryptocurrency mishaps; it is a stark reminder of the vulnerabilities that plague even the most sophisticated exchanges. Over 77% of the stolen assets from this $1.4 billion theft are now traceable, according to CEO Ben Zhou. However, while we celebrate some
The current proposal to restore 70 billion burned CRO tokens is a contentious one that has ignited passionate debate within the Cronos and broader cryptocurrency community. The proposal comes amidst lofty ambitions, including Crypto.com CEO Kris Marszalek’s assertion that “Cronos allocates a $5 billion stockpile to make America the World Capital of Crypto.” However, the
In a landscape where cryptocurrency continues to blur the lines of traditional financial regulations, Binance’s recent announcement to delist trading pairs for nine stablecoins by March 31 raises some eyebrows. This isn’t just a mundane operational change; it underlines the looming pressure that exchanges are feeling as they wrestle with the implementation of the European
On March 17, the CME Group announced plans to launch futures contracts for Solana (SOL), contingent on regulatory approval, igniting conversations about the future of this cryptocurrency. The decision was strongly influenced by rising client demand, suggesting a shifting landscape in the investment strategies utilized by both individual traders and institutional investors. As Solana continues
Dunamu, the parent company of South Korea’s leading cryptocurrency exchange, Upbit, has found itself embroiled in a significant legal struggle against the Financial Intelligence Unit (FIU) of South Korea. This conflict arises against the backdrop of heightened regulatory scrutiny aimed at digital currencies, as authorities seek to address escalating concerns over crypto-related crimes. Specifically, Dunamu
In a pivotal move, the Securities and Exchange Commission (SEC) recently announced the dismissal of its civil enforcement actions against Coinbase Inc. and Coinbase Global Inc. This decision, highlighted in a press release dated February 27, reflects a notable transformation in the SEC’s strategy toward cryptocurrency regulation. The announcement comes in the wake of the
