Malta’s Finance Minister Clyde Caruana backed a government-run charity’s decision to reject a now $33 million Binance donation due to reputational concerns.
Adrian Zmudzinski
Adrian Zmudzinski is a cryptocurrency journalist who wrote over 4,000 articles and first started working at Cointelegraph in 2018. He also contributed to Benzinga, crypto.news, and CoinMarketCap. Adrian specializes in technical articles as well as old school crypto topics in line with the cypherpunk aspects of the industry. His focus is on cybersecurity, digital rights, privacy, decentralization, cybercrime and permissionless systems. Adrian has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Binance’s $33M charity gift becomes Malta’s political minefield - News
From South Park to Wall Street: Are prediction markets going mainstream? Prediction markets are rapidly going mainstream, and one expert argues that their simplicity could make them the first DeFi tool to achieve mass adoption.
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France turns up heat on Binance and rivals amid EU power struggle: Report French regulator ACPR is auditing Binance and other exchanges as Paris seeks a greater role in enforcing MiCA rules across Europe.
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Native Bitcoin as DeFi collateral? Babylon thinks they’ve cracked it Babylon Labs says it has built a system using BitVM3 that allows native Bitcoin to be used as trustless collateral for borrowing on Ethereum, but its trustless design raises questions.
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SEC chair: US is 10 years behind on crypto, fixing this is ‘job one’ SEC Chair Paul Atkins said the US is a decade behind on crypto and that building a regulatory framework to attract innovation is “job one” for the agency.
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Ripple taps Absa to bring bank-grade crypto custody to South Africa Ripple has partnered with South Africa’s Absa Bank to provide digital asset custody services, expanding its institutional custody network across Africa.
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Coinbase invests in Indian crypto exchange CoinDCX at $2.45B valuation Coinbase Ventures invested in Indian exchange CoinDCX at a $2.45 billion valuation as the US crypto company expands into India and the Middle East.
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‘Pixnapping’ Android attack could expose crypto wallet seed phrases Researchers have uncovered a new Android vulnerability that allows malicious apps to reconstruct on-screen content, such as recovery phrases and two-factor authentication codes.
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Frozen $200K Binance donation for cancer patients in Malta now worth $37M Binance’s $200,000 crypto donation to a Maltese cancer charity in 2018 has grown to $37 million but remains unclaimed due to a verification dispute.
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Hyperliquid now allows anyone to deploy perpetual futures, for a price Hyperliquid rolled out its HIP-3 upgrade, enabling anyone staking 500,000 HYPE tokens to deploy their own perpetual swap markets permissionlessly.
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Centralized exchanges face claims of massive liquidation undercounts Hyperliquid CEO Jeff Yan and data platform CoinGlass warned that the liquidation reporting method used by centralized exchanges, such as Binance, may undercount actual liquidations.
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Major crypto betting platform Shuffle announces user data breach Crypto betting platform Shuffle suffered a data breach via its CRM provider Fast Track, exposing most users’ data, founder Noa Dummett said.
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HashKey crypto exchange eyes Hong Kong listing this year: Bloomberg HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million.
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ShapeShift revives privacy focus with Zcash shielded support ShapeShift reintroduced support for Zcash’s shielded transactions, marking its return to privacy-focused cryptocurrency after transitioning into a DEX aggregator.
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Luxembourg sovereign wealth fund dips into Bitcoin ETFs with 1% stake Luxembourg’s sovereign wealth fund has allocated 1% of its $900 million portfolio, or about $9 million, into Bitcoin ETFs.
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2.1M Discord users’ ‘deleted’ ID photos may be exposed in massive leak Hackers who breached Discord’s Zendesk support system are reportedly extorting the platform after stealing 2.1 million users’ age-verification photos.
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Breez launches Time2Build to boost Bitcoin Lightning development Time2Build will pay developers to add Bitcoin Lightning Network features to existing open-source apps, rewarding only code accepted by project maintainers.
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NYSE parent invests $2B in Polymarket at $9B valuation NYSE parent company, Intercontinental Exchange, has invested $2 billion in the crypto prediction market Polymarket at a $9 billion valuation.
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Walmart-owned bank app OnePay to add Bitcoin, Ether trading this year: Report Walmart-backed banking app OnePay reportedly plans to add Bitcoin and Ether trading and custody later this year as part of its push to become a WeChat-style US superapp.
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UK renews Apple iCloud backdoor push, threatening crypto wallet security The UK has again ordered Apple to open access to encrypted iCloud backups for British users, a move that could expose crypto wallet keys to hacking.
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Centralized exchanges will be DeFi front ends in 5–10 years: 1inch co-founder 1inch co-founder Sergej Kunz said centralized crypto exchanges will gradually fade and serve only as frontends for decentralized finance.
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UK may keep $6.4B in seized Bitcoin tied to China fraud scheme UK authorities could keep $6.4 billion in seized Bitcoin profits instead of compensating fraud victims at the current value, sparking a debate over asset recovery ethics.
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Bank of England governor says stablecoins could reduce reliance on banks Bank of England Governor Andrew Bailey said stablecoins could thrive in a system that separates money from credit, reducing the UK’s reliance on commercial banks.
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Roman Storm seeks acquittal of Tornado Cash money transmission charge Tornado Cash co-founder Roman Storm asks a US judge to dismiss his conviction, arguing that prosecutors failed to prove his intent to help bad actors.
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Web3 investor Animoca Brands’ equity to be tokenized on Solana in RWA deal Republic will tokenize equity in Hong Kong-based Web3 giant Animoca Brands on Solana, opening global investor access to the private company’s shares.
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Satoshi comments on arbitrary data shows how old the OP_RETURN debate is The Bitcoin community is split over Bitcoin Core v30’s plan to drop the 80-byte OP_RETURN limit, a dispute started by Nakamoto’s arbitrary data restrictions.
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Polkadot weighs native DOT-backed algorithmic stablecoin Polkadot community members are showing strong early support for a proposal to launch pUSD, a native algorithmic stablecoin fully backed by DOT tokens.
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Swift partners with Consensys to build blockchain settlement system Swift is teaming up with Consensys and over 30 unspecified institutions to build a blockchain-based settlement system for 24/7 real-time cross-border payments.
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‘Stablecoins will save the US dollar’: Eric Trump US President Donald Trump’s son Eric told the New York Post that stablecoins could “save the US dollar,” and defended his family’s crypto ventures.
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Hong Kong rules limit stablecoin derivatives trading: DBS CEO DBS Hong Kong CEO Sebastian Paredes warned that Hong Kong’s new stablecoin KYC and AML rules will largely block their use in onchain derivatives trading.