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Citadel backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize
Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s oper…
FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since rep…
Trezor exec pushes back on ZachXBT claim that hardware wallets are ‘complete garbage’
"I do not advise using them for important tasks like signing transactions or storing funds," ZachXBT wrote this week.
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool is worth covering because it sits inside…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
Strategy's larger cash reserves and improving institutional demand in bitcoin futures are "encouraging signs" for bit…
Is using an old iPhone safer than a crypto hardware wallet? ZachXBT thinks so
ZachXBT recently argued that a dedicated iPhone offers better security than a hardware wallet, a line of reasoning th…
Stripe-PayPal deal could accelerate shift to blockchain-based money, Polygon exec says
"Within the next few years the majority of money will live and move on blockchain in one form or another," according …
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a govern…
Benchmark says Securitize investors should ‘strip out the noise’ after post-SPAC selloff
Separately, Securitize announced a partnership with Cantor Fitzgerald to support blockchain-based IPOs and secondary …
Coinbase’s Jesse Pollak hands Base app leadership to Cobie after admitting social bets fell short
Coinbase executive Jesse Pollak will focus on Base blockchain's infrastructure, prioritizing trading, stablecoin paym…
BlackRock outlines vision for crypto-TradFi convergence as product pipeline grows
The firm seeks to offer tokenized long-term investments like "Treasury funds, iShares ETFs, and even private markets."
Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins
Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.
Kraken Pro Launches API Partner Program Supporting Specialized Integrations
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, beca…
William Blair cuts Coinbase forecasts but says crypto downturn nearing a bottom
William Blair expects Coinbase's earnings to bottom in the second half of 2026 before rebounding next year.
Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement
Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infr…
Bitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue
Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company ex…
US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million
US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to…
Kraken Card Launch Brings Everyday Crypto Spending Back Into The Exchange Race
Kraken Card Launch Brings Everyday Crypto Spending Back Into The Exchange Race is a useful reminder that crypto cover…
Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
South Korea’s 8% stock crash set up a crypto rotation but Upbit volume rose just 4%
The July 14 snapshot stayed 27% below the 30-point average despite two successive increases. The post South Korea’s…
Timelock Account Recovery Gives Ethereum Smart Accounts A Safer Backup Route
Timelock Account Recovery Gives Ethereum Smart Accounts A Safer Backup Route is a useful reminder that crypto coverag…
Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals
Benchmark raised Hut 8's target to $165, citing $16.8 billion in AI data center contracts and Beacon Point commercial…
Is a Bitcoin whale from 2018 about to cash in after awakening to transfer $188 million?
The 2,931 BTC balance moved twice and still sits in an unlabeled second-hop address with no outbound transaction. The…
Strategy’s no-bitcoin-buy week shows ‘greater balance-sheet discipline,’ analysts say
Analysts from Benchmark and TD Cowen maintained Buy ratings and price targets of $570 and $260, respectively.
Crypto exchanges are becoming the new distribution channel for Wall Street assets
Crypto exchanges are increasingly becoming distribution platforms for Wall Street exposure as trading in tokenized st…
Robinhood Chain tokens are reportedly vanishing from wallets causing buyers to lose funds
Relay says the money spent is gone, while private keys and unrelated balances remain untouched. The post Robinhood Ch…
Solana Address Growth Story Needs Real Usage, Not Just Bigger Wallet Counts
Solana’s growth story is often told through speed, fees, and developer momentum. Address growth adds another layer,…
Kraken Adds Arbitrum Stablecoins As Exchanges Keep Chasing Cheaper Settlement Rails
Stablecoin listings can look routine until you pay attention to the chain. Kraken adding USDT0 and USDC.e support on …