Binance CEO ‘CZ’ Brushes Off News of Top Executive Departures

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations.Source

Kraken Co-Founder Jesse Powell Under Federal Investigation on Claims of Hacking, Cyberstalking Non-Profit

The agency searched the Los Angeles home of Jesse Powell as it probes whether he had interfered with computer accounts of the non-profit. A lawyer for Powell said he’s done “nothing wrong” and that the matter does not touch on his crypto interests.Source

Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs

Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance.Source

Top Binance Execs Leave Company Over CZ’s Handling of DOJ Investigation: Report

Three senior officials left the exchange this week, a source told Fortune.Source

He Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges

A criminal investigator in Moscow allegedly extorted thousands of bitcoin from the crypto hackers he arrested. Now, these coins are moving onto exchanges, Crystal Blockchain found.Source

Lightning Labs Unveils Bitcoin Tools for AI

“We are in the realm of enabling use cases that weren’t previously possible,” Lightning Labs CEO Elizabeth Stark told CoinDesk.Source

Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain

Multichain’s bridges for Fantom, Dogechain and Moonriver are seeing major unexplained outflows.Source

Welcome to the NEW Crypto for Advisors Newsletter

Digital assets and crypto are rapidly changing the investing landscape. We’re here to help financial advisors find their way.Source

Thank BlackRock’s Clients for Larry Fink’s Change of Heart

BlackRock’s CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune.Source