Everything web3, crypto, defi, degen
In brief Coinbase says U.S. AML laws are “broken” and wants Treasury to adopt AI, APIs, and zero-knowledge proofs to modernize compliance. The exchange proposes safe harbors for AI use and recognition of decentralized IDs to reduce costly, privacy-risky KYC duplication. Coin Center warns traditional AML on stablecoins could create a “CBDC-style panopticon” as Treasury…
In brief Governments are balancing modernization against monetary control, testing how far private stablecoin infrastructure can integrate into national systems. The region is moving from policymaking to real-world rollouts, with Japan’s banks leading institutional pilots and Singapore setting a regulatory benchmark. Competing models are emerging: bank-issued domestic coins, open but regulated innovation hubs, and conservative…
Top crypto trading platforms Coinbase and Robinhood went offline for hours Monday, with the companies citing an Amazon Web Services (AWS) outage as the cause of the mayhem. Users across the world panicked as their crypto funds became—at least temporarily—inaccessible. Users of both apps reported an inability not only to buy or sell tokens on Monday,…
In brief World Liberty Financial is an Ethereum-based DeFi project co-founded by U.S. President Donald Trump and his sons. The platform, which aims to “keep the dollar digital” and provide “loans for institutions and everyday users,” has launched a stablecoin called USD1. The Trump family’s involvement in World Liberty Financial and other crypto projects has…
In brief MrBeast filed a trademark for MrBeast Financial, a planned app offering crypto exchange, payment processing, banking, and insurance services. The YouTuber would need FinCEN registration, state money transmitter licenses, and SEC/CFTC approval to launch such a platform—none filed yet. This joins 52 trademarks owned by his company, though not all have become actual…
In brief Mt. Gox’s 2011 hack caused Bitcoin’s worst crash ever, plummeting 99.9% after hackers dumped stolen BTC for pennies. Major crashes stemmed from China bans, COVID-19 panic, and crypto platform collapses like Celsius and FTX. Trump’s October 2025 China tariff threat triggered a 13% drop and $19 billion in liquidated positions—but didn’t make the…
In brief Bitcoin dropped early Friday amid uncertainty over Trump’s proposed China tariffs, with analysts watching the critical $103,000 support level. Short-term holders who bought around $113,000 are selling, while the “Coinbase premium” has turned negative, signaling weakened U.S. demand. Broader market pressure from U.S. banking concerns and $1.2 billion in liquidations over 24 hours…
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market…
In brief Binance has received regulatory approval to take majority control of GOPAX after prolonged scrutiny. GOPAX says the move marks progress toward resolving GOFi repayments tied to Genesis Global Capital. Analysts say the decision reconciles with regulators but does not mean immediate disruption in a crypto market still dominated by Upbit and Bithumb. South…
In brief Coinbase is launching an all-in-one financial platform for small and medium businesses to receive crypto, manage assets, and earn up to 4.1% APY on USDC stablecoins. The platform includes instant settlements, QuickBooks and Xero integrations, and self-service onboarding with approval in as little as two days. Coinbase Business competes with fintechs like Mercury…
