By narrowing its focus, the company appears to be betting that a US-centered strategy will offer a clearer path forward Crypto exchange Gemini has announced plans to scale back its international footprint, confirming it will exit the UK, European Union, and Australia. The move comes alongside a workforce reduction of roughly 25%, signaling a sharper
Tag: Cryptocurrency
Treasury Department Weighs in on Bitcoin Strategic Reserve Initiative
The US Treasury will safeguard what it already holds but will not act as a buyer of last resort for Bitcoin markets The US Treasury Department has clarified its role in the government’s Bitcoin strategic reserve during a recent congressional hearing. Treasury Secretary Scott Bessent told lawmakers that the federal government will keep Bitcoin obtained
New Study Suggests Crypto Users Should Approach Press Releases with Caution
Nearly 66% of press releases between June and November 2025 were from projects flagged as high risk or fraudulent A new industry report is urging crypto users to be more careful when reading press releases tied to blockchain projects. The study found that a large share of crypto announcements are linked to risky ventures or
Jeffrey Epstein Reportedly Invested $3.2M in Coinbase in 2014
The disclosures allegedly highlight how Epstein became connected to crypto firms during the industry’s early growth Newly released emails from the US Department of Justice (DOJ) indicate that Jeffrey Epstein quietly gained early exposure to cryptocurrency ventures, including a reported multimillion-dollar stake in Coinbase. The documents suggest Epstein invested through intermediaries rather than dealing directly
Crypto Space Sees 214% Rise in Theft Over December’s Figure
Even with improved tools, scams and technical weaknesses continue to expose users and platforms to risk Crypto-related theft surged sharply in January, with losses climbing far above the figures recorded in December. Data from blockchain security firms shows attackers walked away with roughly $370 million worth of digital assets, marking the highest monthly total in
DOJ Wins $400M Helix Bitcoin Mixer Forfeiture Case
A court judge has ruled that the government can claim ownership of the seized funds The US Department of Justice (DOJ) has completed a major forfeiture tied to one of the earliest Bitcoin mixing services used on the darknet. More than $400 million in cryptocurrency and related assets connected to Helix have now been formally
Crypto Exchange Bybit Looking To Become Global Bank
Bybit’s “MyBank” will be launched in partnership with licensed banks Bybit is making a major shift in direction as it looks to move beyond crypto trading and closer to full-scale banking. The Dubai-based exchange plans to introduce fiat accounts that allow users to hold and move traditional currencies like U.S. dollars alongside digital assets. The
OKX Launches EU Stablecoin Mastercard Payment Card
The exchange’s card will be issued through an electronic money institution that operates on Mastercard’s network Crypto exchange OKX has rolled out a new payment card in Europe that allows users to spend stablecoins anywhere Mastercard is accepted. The launch marks another step toward making crypto usable for everyday purchases across the region. The OKX
Bitcoin Financial Services Firm River Says Most US Banks Will Adopt Crypto
River believes broader adoption is coming as pressure builds to keep up with changing client demand Bitcoin-focused financial services firm River says crypto is moving closer to the center of US banking. In a recent post on X, the company claimed that a majority of the largest banks in the country are now involved with
Crypto Start-up Entropy to Shut Down, Refund Investors
The a16z-backed company was never able to ramp up to its planned scale Crypto start-up Entropy is shutting down operations and returning remaining funds to investors, ending a four-year run marked by multiple strategy changes and staff reductions. Founder and CEO Tux Pacific shared the decision in a post on X over the weekend. I
Ledger Rumored to Be Discussing IPO With US Financial Giants
The negotiations reportedly involve Goldman Sachs, Jefferies, and Barclays Ledger is reportedly exploring a possible initial public offering in the US, a move that could place the crypto hardware wallet maker’s valuation above $4 billion. The discussions are still informal, but they signal growing confidence in the market for digital asset security. According to a
BitGo Prices IPO at $18 a Share Ahead of Expected NYSE Trading Today
BitGo’s debut places it among a small group of crypto-focused firms to reach US public markets BitGo has set the price for its initial public offering at $18 per share, clearing the way for its expected first day of trading on the New York Stock Exchange later today. The crypto custody firm will trade under











