Everything web3, crypto, defi, degen
In brief A record $31 billion in Bitcoin options are set to expire on Halloween, surpassing last month’s $18 billion despite October’s flash crash that wiped out $19 billion in leveraged positions. Open interest at Deribit has reached an all-time high of $50.27 billion, with significant put contracts at $100,000 and call contracts at $120,000…
In brief Blockchain.com received its MiCA license in Malta, joining firms including Gate and Gemini. EU regulators have warned Malta over inconsistent supervision under the new crypto regime. The move comes as the island nation tightens restrictions on new crypto mining and licensing practices. Blockchain.com has secured a MiCA license in Malta, the latest in…
In brief Five individuals have pleaded guilty in connection with FireBunnyUSA, a dark web vendor that distributed cocaine, MDMA, and ketamine between 2019 and 2022. Ringleader Nan Wu received a 6 1⁄2 year prison sentence and was ordered to forfeit 20 BTC, 3,297 XMR, and $12,857 in cash. The ring converted Monero into Bitcoin and…
In brief Interpol and Afripol have arrested 83 individuals as part of an operation combating terrorism financing, while flagging $260 million in illicit crypto and fiat. The operation included participation from private partners such as Binance, which provided blockchain data and forensic tools. Crypto is increasingly featuring in cybercrime in Africa, according to Interpol, but…
In brief President Trump granted a full pardon to Binance founder Changpeng “CZ” Zhao, who served four months for violating U.S. anti-money-laundering laws. Top Democrats, including Maxine Waters and Elizabeth Warren, condemned the move as “pay-to-play corruption” tied to Trump’s crypto ventures. Trump said he pardoned Zhao “at the request of a lot of very…
In brief The study found fragmented, untested plans for managing large-scale AI disruptions. RAND urged the creation of rapid AI analysis tools and stronger coordination protocols. The findings warned that future AI threats could emerge from existing systems. What will it look like when artificial intelligence rises up—not in movies, but in the real world?A…
In brief OpenAI launched its ChatGPT Atlas browser Tuesday with an integrated AI assistant and memory features. Experts demonstrated prompt injection attacks capable of affecting the agent’s behavior. OpenAI Chief Security Officer Dane Stuckey admitted the threat “remains an unsolved problem” OpenAI’s new ChatGPT Atlas browser, launched Tuesday, is facing backlash from experts who warn…
Every bull market attracts a new wave of scammers, and their attempts at fraud take many forms. We cover 11 different scams and how to identify them in our Support Center. Lately, scammers have found a new angle: impersonating Kraken recruiters and support staff. Their goal? To steal your trust first and your assets second.…
In brief Beyond Meat stock has dropped sharply from its Wednesday high, which came after it surged by 1,435% over six days. A prominent BYND trader believes this is just a healthy retrace after “mass hysteria” pumped the BYND stock. However, some analysts believe the hype will fade and the stock will return to its…
We hire for ownership and intensity. We expect excellence. We give people room to build and the freedom to go deep. That’s the foundation of our culture and the reason Kraken keeps moving fast while others slow down. But high performance comes with self-awareness. The same drive that pushes people to do great work also…
