Market Maker CEO Challenges Exchange Blame Game Evgeny Gaevoy, the founder of algorithmic trading firm Wintermute, has stepped into the ongoing debate about last October’s crypto market crash. He’s pushing back against claims from several industry leaders that Binance’s actions were primarily responsible for what happened. I think it’s interesting how this discussion keeps evolving….
SEC Operations Severely Limited Starting January 31, 2026, the U.S. Securities and Exchange Commission has moved to limited operations due to a partial government shutdown. The agency announced it will operate with only essential staff until further notice. This follows standard federal shutdown procedures that activate when funding lapses. Most divisions—including Corporation Finance, Trading and…
Binance Under Fire Again Crypto Twitter is buzzing with criticism aimed at Binance, the world’s largest cryptocurrency exchange, and its co-founder Changpeng Zhao. Over recent days, users have been circulating serious allegations about the exchange’s role in the October market crash, with some calling CZ a “scammer” and demanding accountability. I think it’s worth looking…
The Weekend Shutdown That Wasn’t Supposed to Matter I’ve been watching this government shutdown situation unfold, and honestly, it’s a bit confusing. The Senate actually voted for a funding package on Friday evening. But here’s the thing – the House isn’t in session this week. They won’t be back until Monday. So even though the…
Bybit’s remarkable recovery after massive security breach Bybit managed to secure the second-highest trading volume among cryptocurrency exchanges last year, which is quite surprising when you consider what happened. The exchange suffered what’s being called the largest crypto hack ever back in February 2025 – North Korean attackers exploited a vulnerability in their cold wallet…
Committee vote reveals political divisions The U.S. Senate Agriculture Committee voted 12-11 on Thursday to move forward with its version of the CLARITY Act. It was a straight party-line vote, with all Republicans supporting it and all Democrats opposed. This marks the first time a crypto market structure proposal has actually made it past a…
Gemini’s Latest Crypto Card Focuses on Privacy Gemini has rolled out a new credit card this week that puts the spotlight on Zcash, the privacy-focused cryptocurrency. This marks the exchange’s fourth branded card, following earlier releases featuring Bitcoin, Solana, and XRP themes. What’s interesting here is the timing. Gemini just went public a few months…
SEC Issues Clear Guidance on Tokenized Securities The U.S. Securities and Exchange Commission has put out new guidance about tokenized securities, and I think it’s pretty straightforward. They’re saying that just because you put a security on a blockchain or turn it into a digital token, that doesn’t change what it is. The format might…
Coinbase confirms USDF stablecoin testing phase Coinbase has quietly started testing a new stablecoin called USDF on its exchange backend. The company made the announcement through its Coinbase Markets account on Tuesday, though they were careful to note this is purely operational testing for now. What that means is the token has been enabled on…
Crypto’s regulatory crossroads Matt Hougan, the investment chief at Bitwise, has laid out what I think is a pretty stark choice for the crypto industry. He says if Congress doesn’t pass that market structure bill everyone’s been talking about, crypto needs to become something people can’t live without. Otherwise, a change in administration could really…
