exchange
OKX Appoints BitLicense Architect Andrew Cuomo to Its Board
OKX, a major crypto exchange still unlicensed in New York, has added former Governor Andrew Cuomo — the man whose administration created the BitLicense — to its board.…
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coinbase
Coinbase's 50-Minute Outage Exposes the Hidden Risks of Routine Maintenance
A naming collision in a routine configuration update took Coinbase offline for 50 minutes on July 14 — marking the exchange's third operational incident in recent memory.…
bitcoin
Bessent's CLARITY Act Push Sends Bitcoin Surging Ahead of August Recess
Treasury Secretary Scott Bessent is pushing the Senate to pass the CLARITY Act before August recess, triggering a Bitcoin rally on regulatory optimism.…
regulation
Treasury Freezes $130M IRGC Crypto Wallet in Khamenei Asset Campaign
The U.S. Treasury froze a $130 million crypto wallet tied to Iran's IRGC, escalating a broader campaign to track assets linked to Supreme Leader Ali Khamenei.…
mica
MiCA's Compliance Burden May Drive Licensed Crypto Firms Out of Europe
Gate Europe's CEO warns that some MiCA-licensed firms may be unable to sustain growing compliance costs, risking an exodus from the EU market.…
bitcoin
Twenty One Capital's Three-Way Merger Collapses as Strike Goes It Alone
A proposed three-way merger between Tether-backed Twenty One Capital, Strike, and Elektron has been scrapped, with Strike choosing to remain independent.…
hack
Wanchain's Cardano Bridge Gutted: 515 Million NIGHT Tokens Drained
An attacker drained 515 million NIGHT tokens — 97% of reserves — from Wanchain's Cardano bridge, sending Midnight's token to an all-time low of $0.01524.…
regulation
White House Ethics Deal Clears Path for Senate Vote on the Clarity Act
The White House has circulated agreed ethics provision language to Republican senators, removing the last major obstacle to a Senate floor vote on the Clarity Act.…
regulation
US Treasury Freezes $131M in USDT Tied to Iran's IRGC in Tron Wallet Crackdown
OFAC sanctioned four Tron-based wallets linked to Iran's IRGC, freezing $131M in USDT with direct coordination from Tether.…
regulation
Pakistan Builds Crypto Enforcement Muscle Alongside Exchange Licensing Push
Pakistan is standing up a dedicated crypto investigation unit to combat money laundering, running enforcement and exchange licensing efforts in parallel.…
regulation
Russia's State Duma Passes First Comprehensive Crypto Framework With 2027 Transition
Russia's parliament has adopted landmark legislation creating the country's first comprehensive framework for digital currency, with a transition period running until 2027.…
regulation
Russia's First Comprehensive Crypto Law Builds State Rails for Sanctioned Trade
Russia's parliament has passed its first comprehensive crypto law, creating a state-regulated framework for exchanges and investors as the country seeks alternatives to Western financial infrastructure.…