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
Bitcoin mining stocks took a serious tumble in March, with the collective market capitalization of 14 U.S.-listed companies plunging 25%, according to JPMorgan. The Wall Street bank’s report, released Tuesday, called it the third-worst month on record for these miners, noting that only Stronghold Digital Mining (SDIG) managed to outperform bitcoin itself last month. Bitfarms … Read more
MicroStrategy’s stock, which once moonshot over 2,500% thanks to its aggressive Bitcoin accumulation, is now facing a stark reality check. Wall Street analyst Gus Gala from Monness Crespi slapped a “Sell” rating on the company (MSTR) just two weeks after a neutral initiation, suggesting the Bitcoin buying spree might be its undoing. Gala argues MicroStrategy’s … 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
Warnings are echoing from Paradigm’s Samczsun and ZachXBT: North Korea’s cyber threats are bigger than just Lazarus Group. Their alerts follow last month’s Bybit hack, spotlighting a wider landscape of digital dangers emanating from the DPRK, beyond the infamous Lazarus collective typically in focus. Paradigm’s samczsun, in a recent analysis, underscored the multifaceted nature of … Read more
Bitcoin OG Bill Barhydt, who snagged Bitcoin below $5, isn’t mincing words about Michael Saylor’s grand Bitcoin gesture: he thinks it’s a billion-dollar blunder. The Abra CEO ripped into Saylor’s idea to bury his personal Bitcoin stash in an “unsendable wallet” forever, calling the strategy utterly senseless. In a recent Supply Shock podcast chat with … Read more
Bitcoin’s bid for global heavyweight status just got a serious endorsement: Larry Fink, CEO of BlackRock, thinks it could ultimately push the U.S. dollar off its perch as the world’s reserve currency. Fink’s rationale is blunt: U.S. debt. He warned that if America doesn’t rein in its escalating debt—currently hovering around $36 trillion—and spiraling deficits, … Read more
Forget your grandpa’s savings account; Coinbase CEO Brian Armstrong is pitching stablecoin interest as the financial “win-win” Uncle Sam desperately needs. Armstrong argues that letting stablecoins offer interest isn’t just good for crypto enthusiasts—it’s a patriotic play that could boost the U.S. economy. In a March 31st post on X, Armstrong directly addressed critics, particularly … Read more
Marathon Digital, already a titan in Bitcoin mining, is doubling down on its crypto strategy, launching a $2 billion stock sale to bulk up its Bitcoin holdings. This aggressive move aims to solidify its position as a leading digital asset player, following a previous $1.4 billion raise for similar purposes. The company’s latest financial maneuver … Read more