ebaster The suit, filed in the U.S. District Court for the District of New Jersey by shareholder Kevin Meehan (who’s clearly not here to fiddle while Ankh-Morpork burns), names Armstrong, co-founder Fred Ehrsam, CLO Paul Grewal, President Emilie Choi, and a few board members as defendants. Quite the party, isn’t it?
A new report, the 2026 Crypto Crime Report, shows that illegal crypto addresses received at least $154 billion in 2025. The increase is largely due to a significant rise in crypto activity connected to sanctioned organizations.
What we have here is not merely a gambling spree but a deepening pattern of suspected insider trading in prediction markets-a veritable playground for anonymity-seeking profit hunters. The allure of these clandestine corners is becoming increasingly evident, as they exploit the very essence of accessibility.
The week kicked off with a flurry of frontier model releases from nearly every major AI lab. Google rolled out Gemini 3.1 Flash-Lite on March 3, a lower-cost version designed for developers handling large-scale workloads, while continuing to push Gemini 3.1 Pro for advanced reasoning tasks. Google said Flash-Lite delivers similar results for translation and moderation workloads at roughly one-eighth the cost of the Pro model.
Arab Chain, ever the sage, notes that this kind of turnover usually means one of two things: either traders are having a collective panic attack, or they’re just really, really bored. Either way, the liquidity ratio has hit 8.47, which is apparently a big deal. Binance, sitting pretty with 3.5 million ETH in reserves, is watching the same coins get traded over and over again, like a never-ending game of pass-the-parcel. Spoiler alert: the prize inside is probably just more volatility.
Zero Hash has applied for a national trust bank charter from the Office of the Comptroller of the Currency. If approved, this would bring the digital asset firm under unified federal oversight, avoiding the need to comply with various individual state money transmission licenses.
As the selling pressure intensified through January and early February-a period we’ll call “The Great Doge Depression”-prices did their best impression of a rollercoaster with a broken track, repeatedly hitting lower highs and lower lows. It was all very dramatic, like a soap opera but with fewer love triangles and more charts.
The crypto gang’s been chipping away at the financial fortress like a beaver with a grudge, and Kraken’s latest victory is just another brick out of the wall. Analysts are crowing like roosters at dawn, saying this could be the first of many crypto firms to get their foot in the Fed’s door. Jaret Sieburg, a policy wonk from TD Cowen, reckons it was inevitable under President Trump’s watch-because nothing says “financial stability” like a reality TV star turned president backing digital coins.
This isn’t just a test – it’s a fully functioning system that real customers are already using to buy groceries.
Intercontinental Exchange (ICE), a major financial exchange operator, has made a strategic investment in cryptocurrency exchange OKX, valuing the company at $25 billion. This partnership will expand the global trading of digital assets represented as tokens. As part of the agreement, ICE will have a representative on OKX’s board of directors. The specific investment amount and other financial details of the deal were not revealed.