Why Did the Court Reject the Securities Claim? A US federal judge has ruled that a memecoin linked to media personality and retired Olympian Caitlyn Jenner does not qualify as a security, dismissing key claims in a class action lawsuit brought by investor Lee Greenfield. The plaintiff alleged he lost more than $40,000 after purchasing
On April 16, 2026, the French Interior Ministry announced a sweeping new security initiative designed to protect digital asset holders from a violent wave of “wrench attacks” and targeted abductions. Speaking at Paris Blockchain Week, Minister Delegate Jean-Didier Berger revealed that France has recorded 41 crypto-related kidnappings since the start of the year—averaging one incident
A significant class-action lawsuit was filed against Circle Internet Financial by the law firm Gibbs Mura, alleging that the issuer failed to take meaningful action to prevent the offloading of stolen funds during the devastating April 1 Drift Protocol hack. The complaint centers on the roughly 280 million dollars in digital assets drained from the
On April 16, 2026, the U.S. spot crypto ETF market recorded a “hardened” recovery, with net inflows totaling 276.52 million dollars across the major exchange-traded products. This capital injection was spearheaded by a massive 291.86 million dollar inflow into the BlackRock iShares Bitcoin Trust (IBIT), which continues to be the primary gateway for institutional wealth
In his newly released memoir, Freedom of Money, which debuted on April 8, 2026, Binance founder Changpeng “CZ” Zhao offers a “hardened” and startling account of the final hours of the FTX exchange. Zhao reveals that in November 2022, just days before the platform’s historic collapse, Sam Bankman-Fried reached out with an urgent request for
The Kyrgyzstan-registered cryptocurrency exchange Grinex officially suspended all trading and withdrawal services, citing a “large-scale cyberattack” that resulted in the loss of over 15 million dollars in user funds. Grinex, which has been widely identified by Western regulators as a primary successor to the sanctioned Russian exchange Garantex, alleged that the breach was orchestrated by
BISON has announced the launch of BISON Select, a new customer program designed for active traders, expanding its offering with additional services, trading conditions, and platform tools. The initiative targets users with higher trading volumes and reflects a broader move among retail crypto platforms to segment users based on activity and engagement. Tiered Program Targets
Why Is Payward Acquiring Bitnomial? Crypto exchange Kraken’s parent company, Payward, has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million in cash and stock, in a transaction that values the firm at $20 billion. The deal brings three critical licenses under Payward’s control: a brokerage, a clearinghouse, and an exchange.
What Prompted the Latest Government Bitcoin Transfer? The US government has moved approximately $606,000 worth of bitcoin linked to the 2016 Bitfinex hack to Coinbase Prime, according to on-chain data. The transfer involved 8 BTC associated with Ilya Lichtenstein, the individual behind the original exploit. Movements of seized crypto assets to exchange-linked infrastructure are often
Key Facts Ramp Network launched a multichain self-custody wallet on April 17, 2026. The wallet integrates buying, selling, swapping, and cashing out without third-party providers. It supports Bitcoin, Ethereum, and assets across eight networks including Arbitrum, Base, and Solana. The product is available globally, excluding the European Union at launch. Ramp Network has launched a