Kraken Rejects $5M Crypto Extortion
Kraken is being extorted by criminals threatening to release customer data; the firm refuses to negotiate and is working with law enforcement. #Breaking #Security
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Crypto.com Launches $1M UFC Fighter Bonuses
Crypto.com will co-present UFC Freedom 250 at the White House on June 14, offering a $1 million CRO bonus pool for fighters. #Update #Sports $CRO
Kraken Refuses Negotiation After Data Extortion
@Kraken’s chief security officer reported two incidents of “inappropriate access” to client data affecting 2,000 accounts; the exchange refuses to negotiate with extortionists. #Update #Crypto
Coinbase VP Joins OpenAI in Major Shift
Tom Duff Gordon, former VP of international policy at @Coinbase, has joined OpenAI as head of EMEA Policy after nearly 4 years at Coinbase. #Update #Crypto
Binance Fund Freeze Shifts Crypto Architecture
Binance froze $37M in market maker funds due to irregularities, impacting the crypto ecosystem. Move Industries emphasizes transparent token management and shifts from L2 to L1 architecture for better performance. #Update #Crypto
Kraken Fends Off Extortion Attempt Successfully
@Kraken is facing an extortion attempt by a criminal group threatening to release client data videos; no breach occurred, and client funds are secure. #Update #Crypto $BTC $ETH
Binance Reveals XRP Accumulation Surge
XRP shows potential for a breakout as Binance data reveals intense accumulation, with the Taker Buy Ratio reaching an all-time high, indicating bullish momentum. #Update #Crypto $XRP
Coinbase CEO Backs CLARITY Act Push
The Office of the Comptroller of the Currency granted @Coinbase a national bank trust charter, coinciding with CEO Brian Armstrong’s push for Congress to pass the Digital Asset Clarity Act. #Update #Legal
Bitcoin Moves 2.44 BTC to Coinbase
The U.S. government transferred 2.44 BTC, worth over $177K, from a drug case to Coinbase Prime, tracked by Arkham Intelligence. This move signals ongoing wallet activity. #Update #Crypto $BTC
OKX Boosts Vietnam Crypto Exchange CAEX
@OKX invests in Vietnam’s CAEX to meet a $380M pilot requirement, supporting regulated crypto trading and expanding its 2026 regulatory strategy after obtaining a Malta license. #Update #Crypto
Binance Achieves 90-Day TradFi Derivatives Milestone
@Binance’s TradFi derivatives have surged, with gold trading volume increasing by 5000x in 90 days, reshaping global price discovery through 24/7 trading. #Update #Crypto $BNB
Binance Founders Clash Over Liar Allegations
@StarXu accuses @cz_binance of being a “habitual liar” amid renewed disputes over past allegations, including contract issues from 2015. Tensions escalate following the release of CZ’s memoir. #Update #Crypto $BNB
Binance Relocates UAE Staff Amid Conflict
@Binance offers UAE staff temporary relocation options due to regional tensions, maintaining operations as normal; significant events in the UAE disrupted by conflict. #Update #Crypto $BNB
Bitcoin Exchange Bithumb Seizes 7 BTC Assets
@Bithumb has initiated legal action to recover 7 BTC after mistakenly crediting users with 620,000 BTC during a promotional event, resulting in a $120 million loss. Legal experts cite unjust enrichment. #Update #Crypto $BTC