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CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge

Crypto firms have spent years trying to convince banks that they’re safe to do business with. Even now, with far more regulation in place than a few years ago, plenty of those firms still get turned away at the door. Jelizaveta Paskovskaja, Money Laundering Reporting Officer (MLRO) at CryptoProcessing by Coinspaid, has a clear explanation for […]

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Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means

Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced an agreement over the weekend, but it is not clear that the announcement meets the […]

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Sam Bankman-Fried has formally asked Trump for a pardon. Trump has said he has “no intention” of granting one.

Sam Bankman-Fried has formally submitted a request for a presidential pardon to Donald Trump, according to records on the US Department of Justice Office of the Pardon Attorney website. The filing, listed as a “pardon after completion of sentence,” was submitted in 2026 and is pending. Bankman-Fried, 34, is serving a 25-year sentence at the Federal Correctional […]

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Sam Bankman-Fried has formally asked Trump for a pardon. Trump has said he has “no intention” of granting one. Read More »

How tokenized real-world assets are solving crypto’s counterparty dilemma

Modern derivatives and digital asset markets operate under a persistent drag of operational friction. A recent Nasdaq survey reveals that 70% of global firms experience settlement failures on a daily basis. This structural inefficiency forces institutions to maintain excess overnight collateral buffers, tying up capital that could otherwise generate returns. The inability to mobilize assets […]

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AI gave North Korean hackers a $600 million month. DeFi is still working out how to respond.

  The two hacks came a little over two weeks apart. On 1 April, attackers drained roughly $285 million from Drift Protocol, a Solana-based derivatives exchange, after spending months posing as a quantitative trading firm to trick employees into authorising malicious transactions. On 18 April, a separate group exploited a single-verifier flaw in Kelp DAO’s […]

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AI gave North Korean hackers a $600 million month. DeFi is still working out how to respond. Read More »

Why global businesses are moving to crypto mass payouts

As gig platforms continue to expand globally, one of the biggest operational challenges they face is managing cross-border disbursements to an ever-growing network of freelancers, creators, and partners across multiple regions. While the gig economy thrives on flexibility and rapid growth, traditional banking systems, particularly wire transfers, struggle to keep up. These payment methods are […]

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JPMorgan just filed for its second tokenized fund on Ethereum. Wall Street’s blockchain moment is no longer theoretical.

  JPMorgan Chase filed paperwork on Tuesday for its second tokenized money market fund, four months after becoming the largest global systemically important bank to put a fund on the Ethereum blockchain. The JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX, will issue digital tokens on Ethereum representing shares in a portfolio of US Treasuries […]

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JPMorgan just filed for its second tokenized fund on Ethereum. Wall Street’s blockchain moment is no longer theoretical. Read More »

Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated

  Coinbase cut 700 jobs on Monday. It reported a 394 million dollar quarterly loss on Thursday. On Friday, a data centre overheated in Virginia and the exchange went dark for seven hours. The company that told its remaining engineers that AI could do weeks of work in days spent the end of the week […]

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Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated Read More »

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian Armstrong announced the layoffs on Tuesday in a letter to staff that mentioned the crypto market downturn in passing and […]

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Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI. Read More »

A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.

  Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […]

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A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need. Read More »

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