Kraken Accuses Custody Partner of Stealing $25M in Client Crypto
The infrastructure layer of crypto just failed a trust test, and the fallout proves custody is still the industry's Achilles heel.
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The infrastructure layer of crypto just failed a trust test, and the fallout proves custody is still the industry's Achilles heel.
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Rain now sits at the same table as JPMorgan Chase and Citibank, which tells you everything about where card networks think stablecoins are going. Rain joined Mastercard as a Principal Member, putting a $1.95 billion stablecoin startup in the same membership tier as major banks.
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Bitcoin just became defense policy, and the playbook is spreading faster than anyone expected. MicroStrategy raised $82M for Bitcoin purchases amid rising geopolitical tensions, then temporarily paused buying before resuming next week.
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The world's biggest landlord just decided AI infrastructure is interesting enough to let retail investors in on it. Blackstone is taking its data center REIT public, targeting $1.75 billion in what could be the largest real estate IPO since the AI compute boom began
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Betting against Bitcoin at $80,000 cost traders nine figures in a single session, proving once again that conviction without collateral is just expensive theater. Bitcoin's surge to $80,000 triggered $300 million in short liquidations as bearish traders got caught on the wrong side of the market
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The same Senate that couldn't agree on lunch just pushed Bitcoin past $80,000 by almost passing a bill. Bitcoin crossed $80,000 on expectations that the CLARITY Act will finally get a Senate vote, despite Senator Tillis stalling the bill just days earlier
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When a nation-state calls you a reptile for reporting the truth, you're probably over the target. North Korea rejected U.S. cybercrime claims as "absurd slander" while crypto theft attributed to the country exceeded $6 billion total, with $635M stolen in April 2026 alone by the Lazarus Group.
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Kraken just bought its way out of regulatory purgatory while everyone else is still arguing with the refs. Payward, Kraken's parent company, closed its acquisition of Bitnomial, gaining a full suite of CFTC-issued derivatives licenses covering trading, clearing, and brokerage.
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Markets are pricing geopolitical risk backwards: oil barely budged, Bitcoin ripped to $80,000, and the world's most important shipping lane just became a military chess match.
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When validators pull 72,000% more ETH than usual, they're not just taking profits—they're pricing in the global chaos most investors aren't watching yet. Ethereum unstaking surged 72,000%, creating immediate selling pressure as validators exit staking positions at unprecedented rates.
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The state just told crypto platforms they're liable for what they sell, not just what they build. New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a third-party crypto savings product that misrepresented risks to users.
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Warren Buffett's successor just told the world's richest shareholders that AI at Berkshire means optimizing insurance claims, not building the next ChatGPT.
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The suits are finally admitting they were wrong about Bitcoin, but the real story is what's changing faster: the technology or their willingness to admit it.
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The nuclear negotiation everyone said was impossible just got a Pakistan-shaped detour and a Russian middleman. Iran has included its nuclear file in new diplomatic talks, marking a potential shift after weeks of failed direct engagement with the US
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While everyone worried AI would kill Google's search business, people are searching more than ever — and now paying Google to search better. Google Search queries hit an all-time high in Q1 2026, with 19% revenue growth driven by AI-enhanced search experiences
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The world's most famous Bitcoin maximalist just hit pause on the buy button. Michael Saylor's MicroStrategy has paused Bitcoin purchases despite earlier signals of a major buy, citing macro uncertainty and watching the $68K price threshold.
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Institutions are back, but the money is moving sideways. BlackRock's IBIT captured $1.7B in April inflows as trade war tensions eased, signaling renewed institutional confidence in Bitcoin exposure
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BNB Chain just became a 24/5 stock market, and most people still think crypto is just for speculation. xStocksFi launched on BNB Chain with 50+ tokenized U.S. equities trading 24/5, bypassing traditional market hours and settlement delays
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The invisible border around AI talent just became very visible, and it's redrawing the global map of who builds the agent economy. China blocked Meta's $2 billion acquisition of Manus AI, highlighting new regulatory barriers for US tech firms expanding globally amid escalating tech rivalry
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The chain everyone wrote off as dead two years ago just flipped Ethereum in the one market that actually matters to Wall Street. Solana's real-world asset ecosystem hit $2.5 billion in market cap, with nearly 200,000 holders now holding tokenized assets on the network.
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