Everything web3, crypto, defi, degen
In brief Zhimin Qian pleaded guilty to criminal acquiring and possessing criminal property and awaits sentencing. She defrauded 128,000 Chinese individuals, ultimately turning illegally obtained funds into Bitcoin. That Bitcoin was seized between 2018-2021 and is now valued around $7 billion. Chinese national Zhimin Qian pleaded guilty to acquiring and possessing criminal property of 61,000…
September 29, 2025 | Asset Listings We’re thrilled to announce that FF is available for trading on Kraken! Funding and trading FF trading is live as of September 29, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief BOS has launched Grail Pro, a custody-grade protocol designed to put dormant institutional Bitcoin to work. Grail Pro mints programmable tokens, allowing custodians to deploy BTC for yield while retaining control. A pilot minted 100 zkBTC, showing how idle assets could move into lending, trading, and DeFi. Smart contract operating system BOS (BitcoinOS)…
In brief South Korea’s ruling Democratic Party has established a Digital Asset Task Force to draft comprehensive stablecoin and crypto legislation. The task force aims to enact digital asset laws during this year’s regular and year-end National Assembly proceedings. The country faces mounting pressure over capital flight, with $40.6 billion in digital assets transferred abroad…
Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws to crypto businesses in an effort to bolster consumer protections and provide clarity for the industry.Assistant Treasurer Daniel Mulino announced the reforms on Wednesday at the Digital Economy Council of Australia’s Global Digital Asset Regulatory Summit. He described…
In brief Jiuzi Holdings announced a crypto treasury strategy focused on Bitcoin, Ethereum, and BNB. The firm’s board approved up a plan to spend up to $1 billion on the crypto assets, though its cash and cash equivalents were less than $1 million last year. Shares of JZXN skyrocketed upon open, but have now fallen…
In brief Kraken co-CEO Arjun Sethi announced $1 million donation to the Digital Freedom Fund PAC and increased the commitment to America First Digital to $1 million. Arjun Sethi said crypto embodies “the right to self-determination” and warned of “attempts to criminalize infrastructure.” Winklevoss twins previously donated over $21 million in Bitcoin to launch the…
In brief Ethereum founder Vitalik Buterin praised Coinbase’s L2 network Base for “doing things the right way” by balancing centralized UX improvements with Ethereum’s decentralized security. Base has grown to hold $15 billion in assets since debuting in August 2023, though it peaked above $16 billion earlier this year. Critics argue Base’s centralized aspects could…
In brief Chinese regulators have reportedly given informal guidance to brokers to halt tokenization activity offshore. Hong Kong is pushing ahead with stablecoin licensing and its broader digital asset push. Observers see a temporary cooling period, not a reversal of institutional demand. China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset…
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.”The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of “Lungo Company,” a fraud ring that deployed multiple scam tactics, including romance schemes, crypto…
