Everything web3, crypto, defi, degen
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
In brief Hungary’s updated criminal code imposes penalties up to 8 years in prison for unlicensed crypto exchange operators and up to 5 years for large-scale traders. The law targets illegal operations while allowing compliant exchanges to continue operating, though unclear implementation details have created market uncertainty. EU-licensed exchanges will be able to operate in…
In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…
In brief More than 40 top AI researchers propose monitoring chatbots’ internal “chain of thought” to catch harmful intent before it becomes action. Privacy experts warn that monitoring these AI thought processes could expose sensitive user data and create new risks of surveillance or misuse. Researchers and critics alike agree that strict safeguards and transparency…
Deepening our investment in Latin America, we are rolling out local currency funding in Argentina and Mexico, two of the region’s most active crypto markets. This expansion reflects our ongoing commitment to building trusted, compliant and localized infrastructure to support crypto adoption across the globe. With these new integrations, clients in both countries can now…
We are proud to share that we closely collaborated with the United States Secret Service (USSS) on an extensive investigation into a crypto fraud scheme. Fraudsters used social engineering techniques to build trust with victims over time, an approach commonly known as “pig butchering.” This joint effort resulted in the largest-ever crypto seizure by the…
We’re thrilled to announce that Kraken ranked #2 globally in Kaiko’s Q2 2025 Exchange Ranking, up from our #3 spot in Q1. This advance reflects what our global community already knows: We aren’t just one of the world’s leading crypto exchanges, we’re a platform that’s constantly improving, evolving and pushing the industry forward. Kaiko’s exchange…
We’re thrilled to announce that Kraken has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from the Central Bank of Ireland (CBI). This marks a pivotal milestone in our European expansion, unlocking the ability to scale faster across the region by offering regulated services and engaging directly with clients across all…
Building and maintaining a high bar for security and compliance is fundamental to how we serve our clients’ needs. Today, we’re pleased to announce that Kraken’s institutional-grade qualified custody offering has successfully completed the SOC 2 Type 2 compliance examination — a significant milestone that further reinforces our longstanding commitment to protecting our institutional client’s…
Exchange Update: DeFiChain (DFI) at Risk of Delisting from Gate.io May 28, 2025 The DeFiChain team has received notice from Gate.io regarding potential delisting of $DFI due to market liquidity concerns. We want to provide the community with transparent information about this situation and outline our response plan.What’s HappeningGate.io has identified two specific issues with…
