In the ever-evolving world of cryptocurrency, few figures shine as brightly—or as controversially—as Changpeng Zhao, the former CEO of Binance. The recent uproar incited by a Wall Street Journal (WSJ) article insinuating Zhao was negotiating with the Trump family concerning an investment in Binance.US paints a troubling picture. Zhao, taking to social media, hastily dismissed
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The recent investment of $2 billion from MGX, an investment titan based in Abu Dhabi, into Binance marks a historical milestone in the cryptocurrency market. Not only does this investment provide Binance with a necessary boost, but it also establishes a precedent for institutional participation in the crypto sector. This deal stands not only as
The ongoing saga between OKX, a prominent cryptocurrency exchange, and the European regulators raises questions not just about compliance but the very fabric of trust in the crypto ecosystem. Following a Bloomberg report suggesting that OKX is under investigation for allegedly facilitating $100 million in laundered funds related to a Bybit hack, the exchange vehemently
Coinbase’s recent announcement to introduce 24/7 perpetual futures trading for Bitcoin and Ethereum is a watershed moment for the cryptocurrency market in the United States. By launching these products through Coinbase Derivatives, LLC—which is regulated by the Commodity Futures Trading Commission (CFTC)—the exchange is not merely catching up to global trading norms; it is redefining
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
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
