Sen. Thom Tillis said Monday he expects to release revised draft language this 
week aimed at breaking a months-long standoff between banks and crypto firms 
over stablecoin yield rules tied to the CLARITY Act. Key Takeaways: Sen. Thom 
Tillis plans to release revised CLARITY Act draft language this week, 
targeting a Senate Banking Committee markup […]

Report: Stablecoin Yield Fight Nears Resolution as Tillis, Alsobrooks Finalize Draft Language

Tether&#8217;s new wallet could democratize digital asset access, challenging 
traditional finance and enhancing user control over transactions.
The post Tether debuts tether.wallet, enabling direct access to Bitcoin, 
digital dollars and gold appeared first on Crypto Briefing.

Tether debuts tether.wallet, enabling direct access to Bitcoin, digital dollars and gold

Gurhan Kiziloz credits Nexus International’s $1.2B growth to “brutal 
simplicity” strategy. Gurhan Kiziloz attributes Nexus International&#8217;s growth 
to $1.2 billion in annual revenue to what he terms brutal simplicity in 
management and operations. The Turkish-British entrepreneur maintains 100% 
ownership of…

Brutal simplicity: Gurhan Kiziloz built a $1.2 billion revenue company without venture capital

The group extorting Kraken is claiming access to some client account 
information after two insider incidents involving customer support staff. 
Kraken’s Extortion Plot: An Insider-Play Yesterday, on a post on the social 
network X, Nick Percoco, Kraken’s Chief Security Officer (CSO), made public 
that a criminal group is extorting the crypto exchange with threats to release 
videos of their systems exposing client data. Kraken Security Update We are 
currently being extorted by a criminal group threatening to release videos of 
our internal systems with client data shown if we do not comply with their 
demands. It’s important to start with the most important points: our systems 
were never… — Nick Percoco (@c7five) April 13, 2026 Now, according to 
Bloomberg, the incident is not a classic external hack, but rather an 
insider‑access problem. A small set of customer details, such as names and 
physical addresses, may have been exposed after support employees captured 
photos and videos of internal screens in two separate incidents, one in 2025 
and another earlier this year. Related Reading: Hope For Iran Deal Sparks 
Risk-On Rally, Bitcoin Nears $75K The company has reportedly warned the 
potentially affected clients to be especially cautious about anyone contacting 
them. Bloomberg’s source is a “person familiar with the matter who declined to 
be named because the details haven’t been made public”. Around 2,000 accounts 
and roughly 0.02% of users were affected. The exposure is limited to basic 
support data such as names and addresses. Kraken stresses there was no system 
hack and client funds and trading infrastructure remain secure. Kraken has 
openly dismissed the extortion attempt, stating that it “will not pay these 
criminals” and “will not ever negotiate with bad actors”. Percoco’s post 
clarifies that Kraken is working with federal law‑enforcement agencies across 
multiple jurisdictions. and that the CEX has gathered enough evidence to help 
identify those responsible. A Long List Of CEX’s Customer Services 
Vulnerabilities Although it may sound rather specific, this is not the first 
time a big CEX is hit with an insider-access problem that vulnerates customers 
data through the costumer service of the exchange. It’s not even Kraken’s 
first rodeo with this sort of issue. Back in January, Dark Web Informer 
reported that a read-only version of Kraken’s internal customer support system 
was being sold for a negotiable single dollar on a dark web forum. 🚨🦑 Kraken 
cryptocurrency exchange panel access being sold on a dark web forum &#8211; read- 
only account with user profiles and transaction history. Access details: ▪️ 
View only &#8211; user profiles and transaction history ▪️ Generate support tickets 
to phish or extract more data ▪️ No… pic.twitter.com/7LsxRNMkYa — Dark Web 
Informer (@DarkWebInformer) January 1, 2026 Also in mid-2025, Kraken and 
Binance were hit by the same social‑engineering push that previously led to a 
successful customer data breach at Coinbase, where attackers zeroed in on 
support staff. The attackers allegedly approached customer service agents at 
the exchanges and offered bribes in return for access to user information. Our 
sister website Bitcoinist covered the story. This past February, a crypto 
trader claimed an ex‑Revolut staffer tried to blackmail him, threatening to 
expose his personal data unless he paid. Revolut claimed the allegation was 
referred to law‑enforcement authorities. Related Reading: XRP Could Face Big 
Moves Based On CLARITY Act Outcomes – 3 Key Price Scenarios Market 
Implications This incident reinforces a key market theme: in the post‑ETF, 
higher‑regulation cycle, “counterparty risk” on centralized exchanges is 
shifting from pure asset custody to data security and insider controls. While 
no immediate outflows or price shocks are visible, repeated data‑exposure 
headlines can push more flows toward exchanges with stronger transparency 
reports, on‑chain venues, or self‑custody solutions. At the moment of writing, 
BTC trades for the high $71ks on the daily chart. Source: BTCUSD on 
Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.

Kraken Extortion Plot Explodes — Should Traders Continue To Trust Exchanges With Their Personal Data?

Deutsche Börse said it will invest $200 million in Kraken’s parent company for 
a fully diluted stake of 1.5%, subject to regulatory approval.

Cryptocurrency price in IDR