Turns out, even cybercriminals aren’t immune to a good old-fashioned scam. The hacker responsible for February’s $9.6 million zkLend heist just got a taste of their own medicine, losing a chunk of their ill-gotten gains to a clever phishing scheme. In a twist worthy of a crypto crime drama, this anonymous thief clicked on a … Read more
Binance is shaking up the crypto market in Europe, ditching Tether (USDT) and eight other stablecoins for spot trading within the European Economic Area. Blame it on MiCA, the EU’s new digital asset regulation, which is forcing exchanges to rethink their token lineups. Effective March 31st, Binance users in the EEA will find themselves unable … Read more
India’s crypto enthusiasts trading on Binance are discovering that tax authorities are paying attention. The Income Tax department has launched investigations into whether Binance properly collected the 1% Tax Deducted at Source (TDS) on crypto transactions from Indian users. Over the past few weeks, local Binance investors have been getting notices from the tax office. … Read more
Grayscale Investments is pushing deeper into the ETF market, aiming to convert its Digital Large Cap Fund into an exchange-traded fund. The asset manager formally requested SEC approval on April 1, 2025, by submitting an S-3 form. This move signals Grayscale’s ongoing strategy to bridge the gap between digital assets and traditional investment avenues. The … Read more
Wall Street heavyweight BlackRock, managing a staggering $12 trillion, just signaled it’s serious about crypto, registering as a crypto asset firm with the UK’s Financial Conduct Authority (FCA) on April 1, 2025. Landing spot number 51 on the FCA’s list of approved crypto handlers, this move greenlights BlackRock to dive deeper into the digital asset … Read more
Tether, the stablecoin issuer, just dropped $735 million on 8,888 Bitcoin in the first quarter of 2025, as if to say, “We’re serious about this crypto thing.” This acquisition bumps their total Bitcoin holdings to a hefty 92,646 BTC. Staying consistent with their stated plan, Tether is channeling 15% of their quarterly profits straight into … Read more
Executive shakeup at crypto custodian Zodia Custody as CFO Jonathan Hugh exited the London firm earlier this year. Adding to the changes, former COO Samuel Howe also recently departed, according to reports. A Zodia Custody spokesperson offered a diplomatic statement on Hugh’s departure, noting his “valued” contributions and “expertise” during a period of company expansion. … Read more
OKX has a new legal eagle. Linda Lacewell is stepping in as Chief Legal Officer, succeeding Mauricio Beugelmans, who recently exited stage left. Lacewell’s move to CLO comes after serving on OKX’s board since last year. Her resume boasts a stint as Superintendent of the New York Department of Financial Services, bringing regulatory gravitas to … Read more
Forget April Fools’ jokes—crypto traders on Binance got a real scare Tuesday when several tokens suddenly nosedived. Some coins plunged as much as 50% within a mere 30 minutes, leaving market participants scratching their heads and checking for glitches. Act I, the Prophecy (ACT) took the hardest hit, plummeting 50%. DeXe (DEXE) wasn’t far behind, … Read more
Circle, the stablecoin maestro behind USDC, is aiming for a public debut. A newly filed S-1 form reveals the firm has officially requested to list on the New York Stock Exchange under the ticker CRCL, pending regulatory nods from the SEC. This filing marks the first peek under the hood at Circle’s financials. In its … Read more