Latest updates, press releases, and insights from the volatile world of digital assets.
Orionx begins permanent closure after forensic audit reveals multimillion-dollar gap in client assets, suspends withdrawals, and files criminal complaint against former co-founders
BitMart’s Chinese-language X account has issued an ultimatum to founders Sheldon Xia and Wei Li for full asset transparency and a repayment plan as the exchange winds down amid user withdrawal delays
KPMG U.S. issues unqualified opinion on 2025 financial statements for the issuer of the world’s largest stablecoin, confirming reserves topped liabilities by $6.814 billion
The Ethereum-based Pepeto token has raised over $10.5 million in its ongoing presale, with staking activity climbing and no confirmed exchange listing date yet announced
Stablecoin issuer reports strong earnings from U.S. Treasury holdings, a $4.11 billion reserve surplus, and rising circulation even as the broader market contracts
Kraken's parent company Payward has secured a $22 million arbitration award from Mazars USA after the auditor withdrew from a nearly completed audit, prompting the firm to seek court confirmation in Delaware
Tether's former chief investment officer is working with PJT Partners to sell part of his 1.26% ownership in the stablecoin issuer, offering a rare view into the privately held company's structure amid ongoing audit preparations
Zcash developers executed a swift two-stage emergency upgrade to address a serious vulnerability in the Orchard shielded pool. The flaw, discovered during a routine audit, raised concerns about potential invalid transactions but was contained before any exploitation occurred
