Kraken Eyes $100M Fundraising Ahead of Potential IPO in 2025
TL;DR Kraken Fundraising: Kraken is aiming to raise over $100 million in preparation for a potential IPO in 2025, with the fundraising expected to be completed
Cryptocurrency Exchange (Latest Publications)
Breaking! Robinhood to Acquire Bitstamp in $200M Deal, Aiming for Global Crypto Expansion
TL;DR Acquisition Move: Robinhood Markets Inc. is acquiring Bitstamp for $200 million to expand its global crypto offerings, despite facing scrutiny from the SEC and a potential lawsuit.
HTX Surpasses Coinbase in Spot Trading Volume, Announces Justin Sun
TL;DR HTX’s Milestone: HTX, previously Huobi, has surpassed Coinbase with a daily spot trading volume of approximately $2.4 billion, becoming the fourth-largest crypto exchange globally. Justin
Rumors Squashed: Bybit CEO Responds to Insolvency Claims
TL;DR Bybit CEO Ben Zhou quickly addressed online rumors claiming the exchange was insolvent or hacked. A misinterpreted proof-of-reserves graph triggered the panic, fueled by memes referencing
Coinbase Claims to Be Fully Recovered After Massive Outage. But Are Your Funds Safe?
TL;DR Coinbase, a major cryptocurrency exchange, experienced a significant system-wide outage, raising concerns about fund security and platform reliability. Despite the outage, Coinbase assured users that
FTX’s New Proposal Aims for Over 100% Return on Bankruptcy Claims for Creditors
TL;DR FTX has just unveiled a reorganization plan following its bankruptcy filing in November 2022. The strategy promises recovery of over 100% for non-governmental creditors, yet
Centralized Exchanges Boom: $4 Trillion in Q1 Trading, Despite Regulatory Interference
TL;DR Centralized exchanges experienced unprecedented growth in the first quarter of the year, surpassing $4 trillion in transactions, according to CoinGecko. Binance stood out with exceptional
This RWA Exchange Revolutionizes Finance with First Ever US Treasury Bill Tokens on the Blockchain
TL;DR The exchange DigiFT introduces US Treasury Bill deposit receipt tokens. These tokens represent direct beneficial ownership in the underlying US Treasury Bills. Obtaining a license
ParaSwap Returns Funds After Critical Vulnerability Exposed User Wallets
TL;DR Critical Vulnerability: A critical flaw was found in the Augustus V6 smart contract of ParaSwap, risking unauthorized access to user wallets. Swift Action: ParaSwap quickly responded by
Fireblocks and Zodia Markets Join Forces to Transform Cross-Border Payments for Big Players
TL;DR Fireblocks and Zodia Markets Partnership: Fireblocks, a leading digital assets platform, and Zodia Markets, a UK-based institutional crypto exchange, have formed a strategic partnership to
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