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Robinhood CFO Jason Warnick doubled down on crypto abstinence yesterday, telling Bloomberg TV the firm has zero plans to park corporate cash in Bitcoin or tokenized treasuries—despite rivals stacking sats like it’s 2021. “We’re not MicroStrategy,” Warnick quipped. “Our treasury is for liquidity and buybacks, not moonshots.” Robinhood’s $9.2 bn cash pile stays 100% in short-dated T-bills and money-market funds, …

Coinbase dropped a 38-page bombshell on the U.S. Treasury yesterday, demanding the GENIUS Act be rewritten before it “accidentally bans the next Google.” Chief Legal Officer Paul Grewal told reporters outside Treasury: “One vague sentence could force every DeFi dev to register as a bank. That’s not safety—that’s exile.” The Guardrails for Emerging New Innovations in U.S. Systems Act, introduced …

Foreign Minister Penny Wong today slapped magnitsky-style sanctions on three Lazarus Group hackers and two front companies, freezing any Australian-held crypto wallets tied to North Korea’s record $1.92 billion digital theft spree. The sanctioned trio — Park Jin-hyok, Jon Chang-hyok and Kim Il — masterminded the 2022 Ronin bridge ($625M), 2023 CoinsPaid ($37M) and July’s WazirX ($235M) raids, Chainalysis confirmed. …

Bitcoin surged 2.8% to $101,480 in Asian hours Thursday, riding a wave of risk-on sentiment after U.S. indicators reinforced bets on a Federal Reserve “soft landing.” The ISM Manufacturing PMI beat forecasts at 48.5, while October non-farm payrolls—released late Wednesday—added 180K jobs against 150K expected, with unemployment steady at 4.1%. Wage growth cooled to 3.8% YoY, easing inflation fears and …

Ethereum’s mega-investors just executed the fastest whale raid of 2025, vacuuming 400,100 ETH worth $1.37 billion between November 3–5, on-chain sleuths at Lookonchain and Nansen confirm. The top 100 non-exchange wallets added a net 142,300 ETH on Monday alone, followed by 138,700 on Tuesday and 118,900 yesterday—pushing their collective holdings to 23.4 million ETH ($80 bn). At an average fill …