Cryptocurrency exchange Kraken is reportedly exploring the possibility of raising up to $1 billion in debt as it prepares for a potential initial public offering (IPO), according to a Bloomberg report citing anonymous sources. The fundraising effort is still in early stages, with Kraken said to be working alongside banking giants Goldman Sachs and JPMorgan…
U.S. President Donald Trump’s media company, Trump Media and Technology Group (TMTG), has announced a partnership with Crypto.com to launch a suite of exchange-traded funds (ETFs) and exchange-traded products (ETPs). The planned financial products will feature Bitcoin (BTC), Crypto.com’s native Cronos (CRO) token, and other digital assets alongside U.S.-focused securities. Inside the ETF Plans In…
Standard Chartered analysts say Ethereum is going through a “midlife crisis,” with ETH struggling to hold around $2,000. Ethereum (ETH) has seemingly stuck in limbo as it’s giving away its value for free to layer-2 networks while struggling to keep investors interested. The world’s second-largest cryptocurrency by market capitalization has dropped 40% in the past…
Key Takeaways Mt. Gox moved 11,502 Bitcoin on Monday, valued over $1 billion. Bitcoin price surged to $87,000 during the Mt. Gox transaction, although recent transfers have shown minimal market impact. Share this article A Mt. Gox-labeled wallet just moved 11,502 Bitcoin, valued at over $1 billion, in the last hour, according to data from…
China – a country that has banned cryptocurrency transactions – holds one of the world’s largest crypto fortunes. It turns out that China owns 194,775 Bitcoin and 833,083 Ethereum. This reserve is second only to the US, with 198,109 BTC. However, China does not openly admit to the accumulated crypto. In fact, a recent report by…
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest…
Hal Finney was a true pioneer in the crypto world, still surrounded by countless mysterious legends. Was he the elusive founder of Bitcoin (BTC)? What was his contribution to the crypto industry? Read on to discover the story. Who is Hal Finney? Hal Finney was a Bitcoin supporter, a revered cryptographer and cypherpunk, and a…
Key Takeaways A Binance employee was caught in an insider trading scheme using confidential information. A $100,000 reward is being distributed among whistleblowers who reported the incident. Share this article Binance has suspended an employee after an internal investigation revealed the individual engaged in insider trading linked to a token generation event (TGE), according to…
After months of bleeding, Solana’s OG meme coin Bonk (BONK crypto) shows signs of life again. The token has pumped 14% in the last 24 hours, pushing its market cap back over $1 billion: a key psychological milestone for the project. Trading volume also exploded, hitting $210 million, making $BONK one of the most active…
Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption….
