Tom Duff Gordon, the vice president of international policy at U.S.-listed cryptocurrency platform Coinbase (COIN), has left the firm for pastures green. Duff Gordon, who had been with Coinbase for close to 4 years, left the exchange to join OpenAI as head of EMEA Policy, a Coinbase spokesperson said via email. Duff Gordon had previously…
The U.S. Securities and Exchange Commission said that software that sets up user interfaces allowing crypto securities to be transacted through individuals’ wallets won’t need to be registered and regulated as a broker. In the latest of the agency’s staff statements on crypto — now a wide-ranging list of views meant to allow the crypto…
Crypto exchange Kraken is facing an extortion attempt by a criminal group that threatens to release videos purportedly showing access to internal systems containing client data, the company said Monday. The Wyoming-based firm said it identified and shut down two instances of inappropriate access tied to individuals within its support team, each involving limited client…
The slide that began Saturday night, after Vice President J.D. Vance left Pakistan without securing a peace deal in Iran, has, for the moment, somewhat reversed. After falling to as low as $70,500 at one point Sunday, the price of bitcoin has bounced back to $72,100 during U.S. Monday morning trading hours. Helping were reports…
A major XRP transfer to Coinbase occurred today, potentially signaling that an investor is preparing to sell. The movement involved roughly 89,828,700 XRP, valued at about $119 million, and began from wallet address “rMWqYat3nJXSLoyqB5tUsfYp6KLgoMHXTN,” according to data source Whalealert.io. The funds were first sent to an intermediate wallet, “rwnYLUsoBQX3ECa1A5bSKLdbPoHKnqf63J,” before being forwarded to a Coinbase-associated…
World Liberty Financial minted 25 million USD1 stablecoins on Monday morning and burned 3 million through its TokenGovernor contract, on-chain data shows, as the Trump-linked venture continues managing the fallout from a lending position that trapped depositors on DeFi protocol Dolomite. The activity follows WLFI’s statement last week, posted in response to CoinDesk’s reporting on…
Geopolitical tensions resurfaced following the breakdown of Iran-U.S. talks in Pakistan, driving risk aversion in traditional markets and lifting oil prices. Major cryptocurrencies, however, remain resilient, though questionable market activity in obscure tokens like RAVE and other negative developments create poor optics at an inopportune time. Bitcoin BTC$70,854.03 is down less than 1% over 24…
StarkWare is restructuring into two business units and cutting staff as it pivots from scaling Ethereum toward building revenue-generating products of its own — a shift forced by a more than 99% collapse in revenue on its flagship Starknet network. The changes were outlined during a company-wide town hall hosted by CEO Eli Ben-Sasson, where…
The week ahead will see the U.S. Senate return from recess, with the Clarity Act on the agenda while the National Credit Union Administration’s window for comments on stablecoin issuer rules closes. On top of that, April 15 brings the U.S. tax filing deadline, which could put pressure on cryptocurrency holders managing their finances and…
Crypto hacks are nothing new, but cases where attackers take big risks and walk away with peanuts aren’t common. That rare scenario played out on Sunday. An attacker exploited a vulnerability in Hyperbridge’s cross-chain gateway that connects different blockchains, minting 1 billion Polkadot tokens ($1.19 billion) on Ethereum and dumping them for approximately $237,000 worth…
