Tag: Report

US Prosecutors Oppose Sam Bankman-Fried’s New Trial Bid: Report

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Bloomberg reported Thursday that US prosecutors urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing that the former FTX chief failed to meet the legal standard for a retrial. According to the report citing court documents, prosecutors said Bankman-Fried’s claim that new witnesses could undermine the government’s case does not meet the legal standard required to grant a retrial.  Prosecutors reportedly argued that testimony cited by Bankman-Fried from former FTX executives Ryan Salame and Daniel Chapsky did not amount to newly discovered evidence because…

Ripple to Buy Back $750M in Shares through April: Report

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Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion,…

Kast Stablecoin Firm Hits $600M Valuation after $80M Raise: Report

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Stablecoin payments company Kast has raised $80 million in a new funding round that valued the company at $600 million, Bloomberg reported Monday, citing people familiar with the matter. The round was co-led by QED investors and Left Lane Capital, and Kast expects an annual revenue run rate of around $100 million in 2025, according to Bloomberg. The company reportedly plans to use the funding to expand across North America, Latin America and the Middle East, while also adding staff, securing licenses and developing new products. The raise is the…

South Korea Plans 20% Cap on Crypto Exchange Shareholder Stakes: Report

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South Korea’s government and ruling party have reportedly agreed on a plan to cap the ownership stakes of major shareholders in domestic crypto exchanges at 20%. The Democratic Party of Korea’s digital asset task force and the Financial Services Commission (FSC) agreed to set the maximum shareholding limit at 20% after discussions, according to a Wednesday report by local media outlet Herald Economy. However, regulators may allow exceptions of up to 34% for new businesses through an enforcement decree. The threshold references the Commercial Act’s 33.3% veto threshold in general…

KuCoin Recognized as PoR Transparency Leader in CryptoQuant’s Annual Exchange Leader Report 2025

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CryptoQuant has released its Annual Exchange Leader Report 2025, evaluating centralized exchanges across structural transparency, trading performance, reserves, and proof-of-reserves (PoR) standards. In this year’s assessment, KuCoin was recognized as the leading exchange in PoR transparency, earning a score of 96.7 (A+). The report measures transparency across public wallet disclosure, user-level balance verification, reporting cadence, third-party attestations, and recency metrics. KuCoin achieved the highest structural transparency standards among evaluated platforms. According to CryptoQuant’s findings, KuCoin combines public wallet disclosure, monthly Merkle-tree–based Proof-of-Reserves reports, user-side balance verification mechanisms and independent third-party…

Hyperliquid Now Dominates DeFi Derivatives, New Report Shows

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Hyperliquid is no longer just the shiny new decentralized exchange for perpetual futures (a perp DEX). Recent data from CoinGecko suggests it even surpassed Coinbase International’s derivatives volume in 2025, putting it forward as arguably the most credible “Binance killer” candidate in the crypto derivatives market. Hyperliquid: The Rise of The Underdog Despite having launched only in 2023, Hyperliquid has climbed mountains that most DEXs can never even get close to, going from just a curious DeFi outlier to a genuine force of nature in the derivatives stack. At peak,…

US Military Used Anthropic AI in Iran Strike Despite Trump Ban: Report

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The US military reportedly used Anthropic during a major air strike on Iran, only hours after President Donald Trump ordered federal agencies to halt use of the company’s systems. Military commands, including US Central Command (CENTCOM) in the Middle East, used Anthropic’s Claude AI model for operational support, according to people familiar with the matter cited by The Wall Street Journal. The tool has reportedly assisted with intelligence analysis, identifying potential targets and running battlefield simulations. The incident shows how deeply advanced AI systems have become embedded in defense operations.…

Tether Freezes $4.2B in USDT Linked to Crime in 3 Years: Report

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Stablecoin issuer Tether has reportedly frozen roughly $4.2 billion worth of its USDt tokens connected to suspected criminal activity over the past three years. Most of the blocked funds were restricted since 2023, as regulators and law enforcement agencies intensified scrutiny of crypto-related fraud and sanctions evasion, the El Salvador-based firm reportedly told Reuters on Friday. Tether’s dollar-pegged USDt (USDT) token is the largest stablecoin in circulation, with more than $180 billion outstanding, up sharply from about $70 billion three years ago. Tether can freeze tokens directly on the blockchain…

Ransomware Attacks Rose 50% in 2025 According to Chainalysis Report

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​The number of ransomware attacks rose 50% in 2025 as hackers shifted their focus from large-scale attacks to small and medium-sized targets, according to blockchain analytics firm Chainalysis. In an annual report published on Wednesday, Chainalysis said there were nearly 8,000 total leak events in 2025, a 50% increase from 2024. However, total on-chain ransom payments amounted to $820 million, marking an 8% decrease from 2024. Chainalysis said increased regulatory scrutiny, enforcement actions targeting laundering network infrastructure, and a general refusal by big firms or organizations to pay ransoms all…

Bitcoin Adoption Is Booming, Even If Its Price Isn’t: River Report

River Financial has reported that Bitcoin Adoption metrics hit record highs in 2025, with institutional and corporate entities accumulating 829,000 BTC. “Bitcoin is down 50% from all-time highs, but adoption is compounding in ways that aren’t affecting the price, yet,” River Business Report 2025 said. The data reveals a significant decoupling between price performance and fundamental network growth, as large-scale capital allocators continued to buy while the asset’s market value halved from its October peak. Bitcoin ownership changed massively in 2025. More in next week’s report on Bitcoin adoption. pic.twitter.com/dyIk9e7rWt —…