Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, the White House defended a pardon of Changpeng Zhao, Binance’s CEO denies it influenced the choice of a Trump-linked stablecoin in its multibillion-dollar deal and the fallout from the Balancer exploit deepened as onchain data suggests a months-long attack.

White House press secretary Karoline Leavitt said on Tuesday that the Trump administration considered Binance founder Changpeng Zhao’s pardon with the “utmost seriousness,” and it went through the standard processes before President Donald Trump approved it.

“There’s a whole team of qualified lawyers who look at every single pardon request that ultimately make their way up to the president of the United States,” Leavitt said. “He’s the ultimate final decision maker.”

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