Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, coCEO Arjun Sethi said. Source：CoinDesk
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The fiveyear deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.…
Tether says it had ‘limited’ exposure to bank linked to $84M US seizure
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some…
Crypto casino Duelbits goes offline after $7 million hot wallet hack
Attackers drained Duelbits' hot wallets across four blockchains; about $6 million in stolen funds now sits in a single Ethereum address. Source：CoinDesk
Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case
The $2 billion digitalasset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing realworld yields into DeFi.…
Inside the FBI’s little-known annual crypto crime gathering
The Virtual Asset Technical Exchange brings together investigators, law enforcement officials, and cryptosecurity specialists to exchange intelligence on a…
FTX, Alameda-linked wallets send $75 million in ether to Wintermute, onchain data shows
Onchain analysts PeckShield and EmberCN say the funds moved to a Wintermute wallet, but neither a sale nor the purpose of the transfer have been confirmed.…
Bitmine bought $75 million ether as Tom Lee says institutions are still underweight crypto
The largest Ethereumcentric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto…
Why Wall Street giants build tokenization money for institutions, not regular consumers
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.…
SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The fiveyear experiment gives DeFistyle trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens…
Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
Leverton will lead the DCGowned mining company as it pursues a public listing through its proposed merger with HeartSciences. Source：CoinDesk
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's deltaneutral marketing.…