Crypto Exchange
Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
On-chain sleuth ZachXBT reports that BitoPro suffered a suspected $11.5 million exploit on May 8, with stolen funds laundered through Tornado Cash and Thorchain.

Thailand to Block OKX, Bybit and Others, Citing Lack of License
OKX, Bybit, 1000x, and XT are among the exchanges that will be blocked in Thailand by the end of June.

India's Crypto Industry Lobbies for Tax Cuts as Government Eyes Softening Stance: FT
The cryptocurrency industry in India has spotted its chance to lobby for more favorable treatment from New Delhi

Kraken's Quarterly Revenue Jumps 19% to $472M in Q1, Trading Volume Rises by 29%
The exchange posted adjusted EBITDA of $187 million, a 1% increase from the previous quarter and a 17% rise year-over-year.

Russia's Finance Ministry to Offer Crypto Trading to 'Highly-Qualified' Investors: Report
The exchange will "legalize crypto assets and bring cryto operations out of the shadows," Finance Minister Anton Siluanov said

LatAm Exchange TruBit Taps Crypto Lending Platform Morpho for DeFi Earn Offering
A better user experience can be created by having fintech at the front and DeFi at the back, also known as a “DeFi mullet.”

U.S. SEC's Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.

Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea
The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.

Blockchain.com Takes Step Towards IPO With New Executive Appointments
The company is joining a growing number of cryptocurrency firms for IPO ambitions amid growing institutional adoption and a more favorable regulatory environment.

Consensus Hong Kong 2025 Coverage
Crypto.com President Eric Anziani on the Exchange’s Ambitious Global Plans
The Singapore-based exchange has made a plethora of announcements regarding its plans for the E.U., the U.S. and Asia.

