SecurityFraudster Tried to Move $290K in Crypto From Kraken While Jailed
The DOJ charged Rossen Iossifov with trying to move $290,000 in forfeited crypto from a Kraken account while serving his prison sentence.
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StablecoinsCircle Secures Federal Trust Bank Charter From the OCC
The OCC gave Circle final approval to open a national trust bank for its $73.2B USDC stablecoin. What changes, and why the stock jumped 8.4%.
StablecoinsSony Bank Wins OCC Approval for Dollar Stablecoin
The OCC gave Sony Bank preliminary approval to issue a dollar stablecoin via trust Connectia Trust with $40 million in capital, targeting a 2027 launch.
RegulationKraken Wins $22M Arbitration Against Auditor Mazars Over Chokepoint 2.0
Payward, Kraken's parent, won a $22M arbitration against auditor Mazars USA, which abandoned its 2022 audit. The company ties it to Operation Chokepoint 2.0.
InstitutionalVanguard Seeks Head of Digital Assets
Vanguard, manager of $12.5 trillion in assets, posts a head of digital assets role covering tokenization, stablecoins and custody after years resisting crypto.
InstitutionalEDX Markets Raises $76 Million From SBI Holdings
Institutional crypto exchange EDX Markets raised $76M led by SBI Holdings. We explain its clearing model and expansion plans.
SecurityIll Bloom Vulnerability: Weak Recovery Phrases Cost Millions
Coinspect researchers found the Ill Bloom flaw: weak recovery phrase generation has already cost wallet owners more than $5 million.
MarketsBinance Outflows Triple as ETH Withdrawals Hit Three-Year High
Binance lost $1.23B in a week as ETH withdrawals hit a three-year high. What the outflow wave means for traders and the ETH price.
BitcoinCZ Proposes Freezing Satoshi's Bitcoin Over Quantum Threat
Binance founder CZ proposes freezing Satoshi Nakamoto's 1.1 million BTC wallet over the risk that quantum computers could break Bitcoin.