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Kraken’s Jesse Powell will step down as CEO, move to board chair

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Jesse Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016.

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Coin Market

Satoshi-era Bitcoin wakes after 16 years of dormancy as 600 BTC moves

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Whale Alert identified 12 mining rewards totaling 600 BTC that moved after 16 years of dormancy, with the onchain tracking platform finding no connection to Satoshi Nakamoto.

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Tether-backed Orionx to shut down after audit flags $7M custody gap

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Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody.

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Poland upholds crypto bill veto as Zondacrypto scandal widens

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Polish lawmakers failed to overturn a presidential veto of crypto legislation as the Zondacrypto investigation expands and its Estonian operator enters bankruptcy.

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