The recent closure of the Department of Justice’s investigation into Jesse Powell, founder of Kraken, reveals a troubling pattern of government overreach masked as law enforcement. While the case was ostensibly about cyber misconduct, it was fundamentally driven by internal disputes within a nonprofit organization, The Verge Center for the Arts. This incident underscores how
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The recent filing by BitGo for a potential IPO serves as a symbol of the industry’s relentless pursuit of legitimacy, yet it may also represent a dangerous overconfidence in an inherently volatile market. While the move hints at a maturing ecosystem that can meet traditional financial standards, it may simply mask the sector’s persistent instability
In recent weeks, Coinbase’s stock has experienced an extraordinary rally, soaring to an all-time high of $436—its highest point since going public in 2021. This surge isn’t merely a reflection of market exuberance, but a calculated response to significant legislative developments in the United States. The passage of the GENIUS Act and the CLARITY Act
In the volatile realm of cryptocurrency, reputation isn’t just a reputation—it’s a currency itself. Changpeng Zhao, often known as CZ, exemplifies the fierce defensive stance that crypto entrepreneurs must adopt in an era where misinformation and bias from mainstream outlets threaten their legitimacy. CZ’s recent threats to sue Bloomberg exemplify not just a legal maneuver
In recent reports, a troubling narrative has surfaced—one that suggests the intersection of cryptocurrency projects with powerful political figures is far from incidental. The claims that Binance’s former CEO, Changpeng Zhao, supported projects linked to the Trump family, while simultaneously seeking a presidential pardon, expose a troubling undercurrent of influence-peddling within the digital asset space.
Coinbase’s recent partnership with Perplexity signals a bold step toward democratizing access to real-time cryptocurrency data through advanced AI tools. While the move is presented as a means to empower traders with deeper insights, it also raises questions about the concentration of data and the potential impact on market dynamics. This innovation could indeed sharpen
The expansion of Kraken’s xStocks to Binance-backed BNB Chain marks a pivotal shift in the financial landscape. By bridging traditional equities with the decentralized realm, this move boldly challenges the outdated dominance of legacy financial institutions. Tokenized stocks like AAPLx and TSLAx, now seamlessly tradable across borders and platforms, symbolize a new era of globalized,
In a verdict that sends shockwaves through the realm of personal privacy and financial sovereignty, the United States Supreme Court has made a definitive statement: your cryptocurrency transactions, when conducted on centralized exchanges like Coinbase, are no longer shielded by the constitutional protections designed to safeguard individual privacy. By refusing to hear the case Harper
Robinhood’s recent stock rally might seem like a typical market reaction to positive news, but there’s a deeper story here. With an 11% surge pushing shares to $92—an all-time high—the company is signaling a bold pivot from its original mission as a simple commission-free stock trading app to a full-blown financial ecosystem. This strategic leap
Gemini’s recent debut of tokenized shares of Strategy (MSTR) in the European Union marks a significant attempt to bridge the oft-criticized gap between traditional stock markets and blockchain technology. On the surface, offering 24/7 access to U.S. equities via tokenized shares sounds like a game-changer for global investors, especially those constrained by traditional brokerage fees