NYDIG’s Greg Cipolaro says only a handful of crypto applications are attractive to investors and that the sector needs to reevaluate its “broad ‘web3’ ambition.”
Jesse Coghlan
Jesse Coghlan is a staff editor at Cointelegraph and a member of the Asia-Pacific newsdesk. He joined the publication in 2022 and reports on court cases and government policy related to cryptocurrency, with a focus on making complex legal and regulatory topics accessible to readers. Prior to joining Cointelegraph, Coghlan worked as a freelance journalist covering crime and civil unrest and has experience producing and co-hosting a podcast focused on crypto news.
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‘Investable universe’ of crypto is narrowing: NYDIG - News
Crypto exchange network is helping Russia skirt sanctions: Elliptic Elliptic says that despite increased regulatory pressure, a handful of crypto exchanges continue to serve sanctioned Russian entities.
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Trump family courts Wall Street leaders at Mar-a-Lago crypto forum An inaugural event by the Trump family’s crypto platform saw crypto and finance executives flying to Florida to rub shoulders with regulators and members of Congress.
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Hyperliquid launches DeFi lobby amid ‘critical time’ for US policy The Hyperliquid Policy Center says it will advocate on Capitol Hill for policies, particularly those related to perpetual derivatives and blockchain infrastructure.
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Nevada sues Kalshi after prediction market loses bid to stop state action Kalshi is looking to have Nevada’s lawsuit heard in federal court, again asserting it is subject only to federal commodity exchange laws.
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eToro shares pop 20% as crypto revenues bolster Q4 earnings eToro CEO Yoni Assia says he is positioning the trading platform “for a financial system that is increasingly moving on-chain,” after its crypto revenues boosted earnings in Q4.
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DeFi lender ZeroLend shuts down, blames illiquid chains ZeroLend founder “Ryker” says several blockchains the lending protocol operates on are now “inactive,” leading to periods where it has operated at a loss.
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Crypto.com receives ISO/IEC 42001 AI certification as it expands its AI business Crypto.com is expanding AI services as one of its three core business lines, amid broader industry adoption of the technology.
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Kevin O’Leary wins $2.8M defamation suit against Ben Armstrong A Miami federal judge has entered a default judgment against Ben Armstrong, who failed to respond to Kevin O’Leary’s complaint accusing him of defamation.
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Grayscale seeks to convert Aave trust into ETF on NYSE Arca Grayscale joins Bitwise in filing to launch a standalone Aave product in the US, betting that Wall Street has retained its appetite for altcoins.
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Strategy CEO eyes more preferred stock to fund Bitcoin buys Strategy CEO Phong Le says the company is moving away from issuing and selling common stock to buy Bitcoin and isn't interested in acquiring Bitcoin treasuries.
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US fines Paxful $4M for moving funds tied to trafficking, fraud US prosecutors said Paxful marketed itself as a non-KYC platform and presented anti-money laundering policies that it knew “were not implemented or enforced.”
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White House crypto bill talks ‘productive,’ but no deal yet The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.
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Robinhood Q4 earnings miss as crypto revenues decline Robinhood shares fell nearly 8% in after-hours trading as the platform’s record Q4 revenues weren’t enough to satisfy analysts’ predictions.
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Fed’s Waller says crypto hype ‘fading’ with TradFi tie-ins The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop.
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Crypto exchange Backpack to launch token with unlocks tied to IPO goal Backpack founder Armani Ferrante says the company’s staff and investors won’t get an allocation at its upcoming token launch to avoid insiders “dumping on retail.”
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Coinbase bets on Backstreet Boys nostalgia in return to Super Bowl Coinbase’s TV spot at the Super Bowl divided opinion online, but the crypto exchange says conversations about it were the point.
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Crypto and banks spar in comments on Fed’s ‘skinny master account’ idea Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution.
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How blockchain tracing exposed $105M Incognito dark web market The dark web drug market used crypto for payments, but blockchain transaction tracing helped the FBI identify its creator, who was sentenced to 30 years in prison.
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CFTC pulls Biden-era proposal to ban sports, political prediction markets CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
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Aave winds down Avara, phases out Family wallet in DeFi refocus Aave says all current and future products will move under Aave Labs, while the Family wallet iOS app is wound down and user accounts remain supported.
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Kraken parent Payward revenues jump 33% as crypto traders pile in Kraken co-CEO Arjun Sethi said Payward’s revenues were “well balanced” in 2025, split almost evenly between trading and asset-based revenues.
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Bitcoin may fall to $56K as reasons for gains ‘remain hard to find’: Galaxy Galaxy’s Alex Thorn says Bitcoin’s realized price is currently $56,000, a level it is likely to fall to without clear drivers to spark a rally.
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Fenwick agrees to settle lawsuit alleging role in FTX collapse FTX users filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role" in "how the FTX fraud was accomplished.”
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Crypto thieves, scammers plunder $370M in January: CertiK The amount of crypto stolen in January is also a 214% increase from the month before, with a majority of the value lost due to a single phishing incident.
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Crypto protocol CrossCurve under attack, $3M reportedly exploited Crypto bridge CrossCurve has told users to pause interacting with its protocol while it conducts an investigation into a smart contract breach.
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Cere Network co-founder and board face $100M lawsuit over token sales Cere Network is facing a second lawsuit this month that accuses its co-founder and board of fraud in relation to a public token launch for the platform in 2021.
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Tokenized stocks ‘inevitable’ and may stop trading freezes: Robinhood CEO Robinhood CEO Vlad Tenev says while settling stock trades only takes one day, it is still “far too long,” a problem tokenized stocks can likely solve.
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UK bans Coinbase ads that ‘trivialized’ crypto risks: Report Coinbase’s musical ad depicting a run-down UK, which was already blacklisted from TV, has reportedly seen a wider ban by the country’s ad watchdog for being “irresponsible.”
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Crypto must become ‘indispensable’ if US market structure bill fails: Bitwise Bitwise’s Matt Hougan says crypto will have to “wrestle with prolonged regulatory grind and skepticism” if the US fails to pass a market structure bill.