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Финансы

How to Prepare for a Major Compliance Failure Settlement: The OKX Approach

A confidential crisis management document drafted by OKX offers a fascinating insight into how one exchange choreographs its response when news breaks about regulatory failures.

OKX CMO Haider Rafique with McLaren drivers Lando Norris and Oscar Piastri before the Singapore Grand Prix on September 1, 2024. (Courtesy: McLaren and OKX)

Финансы

Michael Novogratz's Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi

Prince will work closely with the firm's president, Chris Ferraro, to expand Galaxy's crypto offering.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)

Рынки

GameStop Urged to Convert Its $5B Cash Into Bitcoin by Strive's CEO Matt Cole

GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.

(Getty Images)

Технологии

USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management

The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.

(tungnguyen0905/Pixabay)

Финансы

OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture

An OKX subsidiary said it resolved a U.S. DOJ investigation.

OKCoin, Star Xu

Рынки

Wall Street-Backed Crypto Exchange EDX Markets Adds 17 New Cryptocurrencies, Including XRP, SOL, Trump Coin

The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.

Jefferies quietly becomes a power player in crypto investment banking. (Unsplash)

Политика

U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan

The agency has been plagued with procedural and organizational issues for years.

Credit: Getty Images

Финансы

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Финансы

Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on 'Real Solutions'

“What is stopping [crypto] from going mainstream is really that consumers need to be able to find each other using what they already know,” Mastercard’s head of crypto and blockchain, Raj Dhamodharan told CoinDesk.

Raj Dhamodharan, Head of Crypto and Blockchain, Mastercard (Shutterstock/CoinDesk)

Политика

U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral

Caroline Pham, the Commodity Futures Trading Commission chief tapped by President Donald Trump, is hosting a CEO summit on one of her longstanding policy aims.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission