Blockchain News

Kraken Moves to Capture Futures Trading With .5B NinjaTrader Acquisition: Report

Kraken Moves to Capture Futures Trading With $1.5B NinjaTrader Acquisition: Report

Kraken is set to finalize a landmark $1.5b deal to acquire US-based retail futures trading platform NinjaTrader, a move expected to expand the exchange’s reach beyond traditional digital assets. The Wall Street Journal reported Wednesday that an agreement could be announced as soon as Thursday morning. It signals a bold step forward in Kraken’s diversification […]

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Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’

Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’

A Russian court has sent a man to jail for 15 years after convicting him of sending crypto to the Ukrainian military. Per a report from the state-run news agency TASS, the man is a resident of the Oryol Oblast, some 370km to the south of Moscow. The court heard that the man used crypto

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Crypto Firms Seek to Register as State, National Bank Charter Under Trump Regime: Reuters

Crypto Firms Seek to Register as State, National Bank Charter Under Trump Regime: Reuters

The pro-crypto Trump administration has become conducive to many crypto firms seeking to register as bank charters to expand businesses. Several fintech and crypto-focused companies are applying for state or national bank charters, Reuters reported on Tuesday. These companies have been hoping to gain licenses that were slow or more unlikely to be approved under

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Coinbase CLO Criticizes U.S. Treasury for Ignoring Court Ruling on Tornado Cash Delisting

Coinbase CLO Criticizes U.S. Treasury for Ignoring Court Ruling on Tornado Cash Delisting

Key Takeaways: The U.S. Treasury’s stance favours strict oversight rather than embracing blockchain’s built-in transparency, risking innovation before it can fully develop. While the government targets Tornado Cash to stop criminals like the Lazarus Group, critics argue that traditional banks are still widely used for money laundering. If working on open-source projects could lead to

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US Spot Bitcoin ETFs Bleed in March Amid Bearish Crypto Market: Farside Reports

US Spot Bitcoin ETFs Bleed in March Amid Bearish Crypto Market: Farside Reports

Key Takeaways: Crypto ETFs face notable capital withdrawal amid market unease. Shifting fund flows reflect evolving investor outlooks. Variations among products reveal diverse risk approaches. Wider economic factors appear to influence these trends. In March, US spot Bitcoin ETFs recorded over $1.6 billion in net outflows, as bearish market sentiment and broader economic uncertainty eroded

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Halliday Raises M Funding Led by VC Giant a16z

Halliday Raises $20M Funding Led by VC Giant a16z

Key Takeaways: New capital fuels a shift toward streamlined onchain development. A simplified protocol cuts out lengthy smart contract processes. The model invites both crypto startups and established finance to engage with blockchain. Blockchain payments firm Halliday has secured $20 million in Series A funding, led by Andreessen Horowitz (a16z) with participation from Avalanche Blizzard

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Crypto Exchange Gemini Appoints New CFO as it Prepares for Potential IPO

Crypto Exchange Gemini Appoints New CFO as it Prepares for Potential IPO

Crypto exchange Gemini has appointed Dan Chen as its new Chief Financial Officer (CFO), amid speculation that the company is preparing for a potential initial public offering (IPO). Chen announced his new role on Monday in a post on X, calling crypto the most dynamic sector in finance. “Gemini is at the forefront of this

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Spanish Police ‘Dismantle .6M Bitcoin-themed Crypto Pyramid Scam’

Spanish Police ‘Dismantle $32.6M Bitcoin-themed Crypto Pyramid Scam’

Spanish police officers say they have taken apart a Bitcoin (BTC)-themed crypto pyramid scam that duped victims out of around $32.6 million. Per the news agency EFE (via Infobae), police officers said they had “dismantled” a “criminal organization” that promoted “fake cryptocurrency investments.” Spanish Police Make Arrests in Malaga, Madrid, Murcia Officers said they have

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