FBI Investigates Kraken Co-Founder Jesse Powell for Alleged Hacking and Cyberstalking Federal law enforcement agents have searched the Los Angeles home of Jesse Powell, co-founder of crypto exchange Kraken, as part of an investigation into allegations that he hacked and cyberstalked a non-profit…
A slew of senior executives leaving Binance amidst SEC lawsuit and DOJ probe A number of senior executives at Binance, including former Chief Strategy Officer Patrick Hillman, are reportedly leaving the company as it faces a lawsuit from the SEC and a DOJ…
Blackrock’s Larry Fink on Bitcoin, ETF Filing, and Crypto Democratization Larry Fink, the chairman and CEO of Blackrock, the world’s largest asset manager, recently discussed bitcoin, crypto investing, and the company’s spot bitcoin trust ETF filing in an interview with Fox Business. Here’s…
Gauntlet Faces Backlash over Proposal on Aave Governance Forum Gauntlet, a decentralized finance (DeFi) risk management entity, is facing criticism for its latest proposal on the Aave governance forum. The proposal aims to address risks related to a loan associated with Curve Finance…
Understanding the Value of Bored Ape Yacht Club NFTs While the floor price of Bored Ape Yacht Club (BAYC) has dropped recently, determining the value of individual NFTs in the collection is more complex than just looking at the floor price. Here are…
Bitfinex Recovers Funds from 2016 Hack Bitfinex, a cryptocurrency exchange, has recovered some of the funds it lost in a 2016 hack. The recovered assets will be used to compensate holders of the exchange’s Recovery Right Tokens (RRTs), which were given to impacted…
The FBI Searches Former Kraken CEO Jesse Powell’s Home The FBI conducted a search of Jesse Powell’s home, the former CEO of Kraken, in March. The search was part of an investigation into allegations that Powell hacked and cyber-stalked a nonprofit arts group.…
Lightning Labs Unveils Tools for AI Development Lightning Labs, the company behind the Bitcoin Lightning Network, has introduced a suite of tools to aid in AI development. These tools, such as LangChainBitcoin, are designed to make it easier for developers to integrate Bitcoin…
Ark Invest Report Highlights Strong Bitcoin Holders and ‘Improved Institutional Sentiment’ Ark Invest, the investment firm that focuses on disruptive technologies, has published a report discussing bitcoin’s (BTC) recent momentum. The leading cryptocurrency has outpaced nearly every traditional asset during the first half…