Nordic Crypto Exchange Safello Expands Cross‑Border Services With Launch in Finland

Safello launches regulated crypto services in Finland under MiCA authorization, enabling euro payments, trading and custody. Safello announced on February 3, 2026 in Stockholm that it has launched services in Finland as its first cross‑border establishment, operating under its authorization as a crypto‑asset service provider under the EU’s Regulation on Markets in Crypto‑Assets (MiCA); Finnish […] Source

Fenwick Settles FTX User Lawsuit Over Work for Exchange

The plaintiffs filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role” in “how the FTX fraud was accomplished.” FTX users and Fenwick & West have reached a proposed settlement over a 2023 lawsuit alleging the law firm helped carry out the fraud that led to the crypto exchange’s collapse over three years ago. Fenwick and lawyers representing FTX users said in a joint filing to a Florida federal court on Friday that they plan to lodge the proposed settlement with the court for…

Decentralized Exchange Hyperliquid (HYPE) Defies Crypto Downturn, Skyrockets 40% in One Week

While the vast majority of the crypto sector plunged in value over the weekend, one top-20 altcoin resisted the bleeding and witnessed massive gains. HYPE, the native asset of the decentralized exchange (DEX) Hyperliquid, has skyrocketed by more than 40% in the past seven days. The overall crypto market cap, by comparison, dropped nearly 9% over the same time period, per data from CoinGecko. HYPE’s hot streak continued on Monday, with the 20th-ranked crypto asset by market cap up more than 13% at time of writing. Some of those recent…

US Treasury Sanctions IRGC-Linked Digital Asset Exchanges

OFAC sanctions senior Iranian security figures, Babak Zanjani, and two UK-registered crypto exchanges for aiding the IRGC and human rights abuses. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on January 30, 2026 in Washington the designation of Iran’s Interior Minister Eskandar Momeni Kalagari and multiple Islamic Revolutionary Guard Corps […] Source

Binance: October Flash Crash Was a Macro Liquidation Spiral — Not Exchange Failure

Binance is pushing back hard against blame for October’s crypto flash crash, arguing macro shocks, leverage and liquidity dynamics — not exchange failures — drove a synchronized global sell-off that hit crypto and equities alike. Binance Rejects Glitch Claims, Blames Macro Shock for October Crypto Crash Market dislocations often trigger competing narratives about responsibility and […] Source

US Treasury Sanctions Iran-Linked Crypto Exchanges for First Time

The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement on Friday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said the sanctions are part of a wider move against Iranian officials and networks accused of violently suppressing people at home while using alternative financial channels to get around international sanctions. Among those sanctioned was Eskandar Momeni Kalagari, Iran’s minister of the interior, who…

Why Proof-of-Reserves Isn’t Enough to Trust Crypto Exchanges

What is proof-of-reserves? At its core, proof-of-reserves is a public demonstration that a custodian holds the assets it claims to hold on behalf of users, typically using cryptographic methods and onchain transparency. If every crypto exchange can publish a proof-of-reserves (PoR) report, why can withdrawals still be delayed or halted during a crisis? The truth is that proof-of-reserves is not a trust guarantee. It shows whether verifiable assets exist on a platform at a single point in time, but it does not confirm that the platform is solvent, liquid or…

IG Group Expects to Launch “a Crypto Proposition” After Crypto Exchange Acquisition

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