<h1>Kraken Offers Tokenized Stock To Users</h1>


Upon receiving an email from cryptocurrency exchange Kraken, customers were able to purchase tokenized stock in the company for a minimum of $1,000. Reportedly, the exchange has already been able to raise 70 percent of the $10.2 million mark it set out to reach, but income requirements have stopped some from being able to participate.

<h1>Cryptopia Suspends Trading, Appoints Liquidators</h1>


After a mid-January hack that lasted two weeks, New Zealand crypto exchange Cryptopia was unable to bring the business back following its significant losses. The exchange plans to suspend trading and has already appointed auditing firm Grant Thornton New Zealand to take over the liquidation process.

<h1>Binance Suffers Major Hack</h1>


On Tuesday, May 7, hackers stole more than 7,000 bitcoin (over $41 million) from Binance’s hot wallet. Binance CEO Changpeng Zhao assured users that no other wallets were compromised. Although there is no reported correlation, the price of bitcoin dropped by $290 following the attack.

<h1>Crypto Capital’s Origin Story</h1>


Crypto Capital has served as a bank for many cryptocurrency exchanges that have come under fire for less-than-ethical practices, including Bitfinex and QuadrigaCX. However, little is known about where Crypto Capital came from or who founded the company.

<h1>Commonalities Between Bitfinex And Mt. Gox</h1>


Daniel Cawrey, CEO of Pactum Capital, and professional money manager Sina Nader discuss what the sagas of Bitfinex and Mt. Gox have in common. The two authors talk about the relationships the exchanges had with various banks, subpar user experience, and what crypto custody really means.