Kraken Becomes First Crypto Firm With Direct Fedwire Access

By securing direct access to the Federal Reserve’s payment system, Kraken Financial, led by co-CEO Arjun Sethi, may have solved one of crypto’s longest-standing structural problems. Photo by Paul Morigi/Getty Images for Semaphore For more than a decade, every cryptocurrency exchange has moved dollars in the same way. The funds passed through a partner bank … Read more

Crypto torture case: Suspect waives court appearance as 2nd man arraigned in alleged kidnapping, beating of Italian victim

Soho, Manhattan – An investor of cryptocurrencies gave in detention to the alleged kidnapping and torture of a man in New York before the court on Wednesday morning. John Wellz, 37, was expected to represent his first court appearance in a court hall in Manhattan after he was detained on Friday and was charged with … Read more