Coinbase Executive Backs CLARITY Act Delay Despite Industry Frustration

A senior Coinbase executive is defending the slow progress of crypto-specific legislation in Congress, saying the complexities of digital asset regulation justify why the CLARITY Act hasn’t become law while simpler bills like the GENIUS Act sailed through. The comments come as the industry grows increasingly impatient with Washington’s glacial pace on crypto policy. The…

Coinbase Executive Backs CLARITY Act Delay Despite Industry Frustration

Bitcoin Is Good for US Dollar, Coinbase CEO Brian Armstrong Says

Bitcoin Is Good for US Dollar, Coinbase CEO Brian Armstrong Says Coinbase Chief Executive Officer Brian Armstrong has argued that Bitcoin fosters healthy competition and enforces fiscal discipline on the U.S. dollar. Armstrong’s comments come as the cryptocurrency continues to gain institutional adoption and mainstream attention in financial markets. According to Armstrong, Bitcoin’s existence creates…

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Fundstrat’s $1 Billion Ethereum Stake Removes Major Supply From Circulation

Fundstrat’s $1 Billion Ethereum Stake Removes Major Supply From Circulation Tom Lee’s Fundstrat has staked approximately $1 billion in Ethereum, effectively removing a significant portion of supply from active circulation. A massive amount of ETH has become illiquid through this staking action, locking funds into the Ethereum network’s proof-of-stake system. Staking Ethereum means converting liquid…

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Bitcoin Plunges Below Key Support Levels Forming Bearish Pattern

Bitcoin Plunges Below Key Support Levels Forming Bearish Pattern Bitcoin is slipping below critical support levels known as the Cloud, signaling a potential bearish shift in market sentiment. Price action has formed a classic bearish pattern that technical analysts are closely monitoring as a concerning development for the world’s largest cryptocurrency. Digital asset traders identify…

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OKX Trading Volumes Surge Following US Market Entry and European Expansion

OKX has reported a substantial increase in trading activity following its recent expansion into United States and European markets, the exchange announced today. The spike in volumes comes after the platform secured regulatory licenses in Europe and launched compliant operations stateside, marking a strategic pivot toward regulated markets as crypto exchanges face mounting pressure to…

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Brooklyn Man ‘Ronald Spektor’ Charged in $16M Coinbase Phishing Scheme

Ronald Spektor, a 23-year-old Brooklyn resident, was arraigned Friday on 31 charges including first-degree grand larceny after prosecutors say he stole $16 million in cryptocurrency from approximately 100 Coinbase users. The scheme involved impersonating Coinbase representatives to trick victims into sending crypto to accounts he controlled, then bragging about his exploits on Telegram before allegedly…

Brooklyn Man Who Called Himself 'lolimfeelingevil' Charged in $16M Coinbase Phishing Scheme

Kraken’s xStocks Brings Tokenized US Stocks to Telegram’s 900 Million Users

Kraken-backed xStocks launched Wednesday on the TON blockchain, embedding tokenized versions of U.S. stocks and ETFs directly inside Telegram’s built-in wallet. Now, the messaging app’s 900 million users can buy, hold, and transfer equity tokens representing Tesla, Nvidia, and the S&P 500 without leaving the platform or opening brokerage accounts. The launch represents one of…

Kraken's xStocks Brings Tokenized US Stocks to Telegram's 900 Million Users

FTC Forces Nomad Bridge Operator to Repay $186M After Hack Exposed Security Failures

The Federal Trade Commission announced Tuesday it reached a proposed settlement with Illusory Systems Inc., operator of the Nomad cryptocurrency bridge, over a 2022 hack that drained $186 million from the platform. The settlement requires the company to return recovered funds, overhaul its security program, and undergo biennial audits after regulators found it marketed itself…

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