Kraken appoints ex-Paxos exec as new chief legal officer

Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team. In a blog announcement, the exchange said that Gray will oversee the company’s legal, compliance, and enterprise […]

Exec steps down over $297M fines

On Jan. 28, KuCoin pleaded guilty to a United States judge for failing to implement proper anti-money laundering protocols and will now have to pay $297 million in fines.  The China-based cryptocurrency exchange KuCoin violated U.S. regulations on money laundering and know-your-customer procedures and admitted guilt to one charge of “running an unlicensed money transmitting […]

Riot Platforms exec slams Ripple for sabotaging strategic Bitcoin reserve

A Riot Platforms exec accuses Ripple of lobbying against the Strategic Bitcoin Reserve to protect its XRP narrative and promote state-controlled digital currencies. Pierre Rochard, a vice president at Riot Platforms, has accused Ripple of leading a major lobbying effort to derail the Strategic Bitcoin Reserve, claiming the company is still throwing millions of dollars […]

Coinbase exec ‘identifies’ several Ross Ulbricht-linked wallets holding 430 Bitcoin

SSeveral wallets associated with Ross Ulbricht reportedly hold approximately 430 Bitcoin that were not confiscated by the U.S. government, according to a Coinbase executive. Conor Grogan, Coinbase’s director of product strategy, claimed in a post on X on Jan. 22 that he identified dozens of wallets tied to the Silk Road founder. These wallets cumulatively […]

Ex-Coinbase exec suggests $100 $TRUMP airdrop for every U.S. citizen

Former CTO of Coinbase, Balaji Srinivasan, believes Donald Trump should airdrop $TRUMP tokens to every U.S. citizen via mailing list after one-third of the American public bought his official meme coin In a recent post, Srinivasan dubbed Donald Trump as the “first crypto president” after the smashing success of the president elect’s meme coin launch, […]

Wintermute Exec Calls for More DeFi Use Amid CeFi Concerns

To address inefficiencies in price discovery in centralized finance and over-the-counter markets, Wintermute co-founder Yoann Turpin calls for more DeFi adoption. In a social media post, Yoann Turpin, the co-founder of Wintermute, an algorithmic trading platform that focuses on building liquidity in digital asset markets, called out the challenges that come with price discovery in the crypto industry.  […]

Bo Hines is a future exec of the U.S. crypto council. What are his views on crypto?

Hardly a well-known name in the crypto industry, former college football player and the young politician, Bo Hines, 29, got a high-profile appointment as an executive director of the Presidential Council of Advisers for Digital Assets, (or the “Crypto Council”) position on Dec. 23, 2024. What are his views on crypto? Not surprisingly, Bo Hines […]

Offchain Labs taps ex-Nasdaq exec to lead new VC arm

Offchain Labs has announced it hired Ira Auerbach, the former head of digital assets at Nasdaq, to lead its new venture capital arm, Tandem. The Offchain Labs team is a venture-backed group of developers contributing to the development of Ethereum (ETH) scaling solution Arbitrum (ARB). Offchain Labs is also the team behind the Ethereum consensus […]