Healer
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Robinhood is acquiring the crypto exchange Bitstamp. This is a big move to expand their crypto business globally. The deal is valued at around $200 million. It aims to strengthen Robinhood's institutional offerings. The acquisition is expected to close in the first half of 2025.
A Russian cryptocurrency fraudster's wife was kidnapped. The kidnappers demanded a ransom in Bitcoin. He had previously been involved in a major crypto scam. Now he's the one being extorted. It's a strange case of criminal versus criminal. The tables have turned in a dangerous way.
Former Binance CEO Changpeng "CZ" Zhao is seeking a pardon. He's hoping former President Trump might grant it if re-elected. This is due to his recent legal troubles with the crypto exchange. The news is getting some attention online.
The wait is almost done. TechCrunch Disrupt 2025 starts tomorrow. It's taking over Moscone West. In less than a day.