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204 articles

Ex-CFO sentenced to two years after diverting $35M to crypto venture

Ex-CFO sentenced to two years after diverting $35M to crypto venture

Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.

CFO Gets Prison Time After Losing $35 Million of Company Money in Crypto Side Hustle

CFO Gets Prison Time After Losing $35 Million of Company Money in Crypto Side Hustle

Nevin Shetty secretly moved $35 million in company funds to his own DeFi platform, before losing nearly all of it in the Terra collapse.

Bitcoin recovery meets DeFi tensions as Aave rift deepens: Finance Redefined

Bitcoin recovery meets DeFi tensions as Aave rift deepens: Finance Redefined

Bitcoin bounced back this week as stablecoin inflows surged, and DeFi faced fresh pressure from Aave governance strife, exploits and exchange security moves.

BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets

BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets

Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn.

Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges

Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges

Bitcoin Magazine Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency...

Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents

Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents

Bitcoin Magazine Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents Strike, a Bitcoin financial services firm founded by Jack Mallers, has received both a BitLi...

Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures

Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures

The complaint centers on custody disclosures tied to bankruptcy risk, whether Coinbase listed tokens that could be securities and deficiencies in the company’s AML program.

Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields

Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields

Bitcoin Magazine Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields Talks over landmark U.S. cryptocurrency legislation have hit a fresh impasse after major ba...

Crypto treasury inflows slow to the lowest since October 2024

Crypto treasury inflows slow to the lowest since October 2024

Monthly digital asset treasury inflows were dominated by Bitcoin, except for August and September 2025, according to data from DeFiLlama.

President Trump Meets With Coinbase’s Brian Armstrong, Then Blasts Banks Over Stalled Crypto Legislation

President Trump Meets With Coinbase’s Brian Armstrong, Then Blasts Banks Over Stalled Crypto Legislation

Bitcoin Magazine President Trump Meets With Coinbase’s Brian Armstrong, Then Blasts Banks Over Stalled Crypto Legislation President Donald Trump met privately on Tuesday with Coinbase CEO Brian Armst...

RedStone launches Stellar price feeds after $10M exploit highlights oracle risks

RedStone launches Stellar price feeds after $10M exploit highlights oracle risks

Oracle provider RedStone deploys price feeds on Stellar as the network expands DeFi infrastructure and experiments with lending and tokenized assets.

Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms

Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms

Bitcoin Magazine Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms Crypto took a step toward deeper integration with the U.S. financial system after Kraken secured ac...