Tag: Crypto

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Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

In brief KRAKacquisition may find a target that’s worth as much as $10 billion. The goal is to align a small- or mid-cap company with the...

U.S. sanctions network that allegedly laundered $800 million in crypto for North Korea

The U.S. Treasury Department imposed sanctions on six individuals and two companies it says helped North Korea convert $800 million in 2024 into crypto...

BTC price is building steam, a $3 billion trigger could set it off: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin BTC$72,330.43 looks to be gathering bullish momentum, with volatility expected to increase as prices near...

FundBank Acquires Irish Blockchain Startup Trrue Chain in €10m Deal as Institutional Crypto Demand Rises

FundBank, the US institutional banking firm founded by former Waystone executives, has made a major investment to acquire the Irish blockchain startup Trrue Chain....

Bitcoin tops $72,000 as crypto rallies despite stronger dollar: Crypto Markets Today

Bitcoin BTC$71,859.13 rose through $72,000 during European hours on Friday, rising by 2% since midnight UTC and outpacing gains in U.S. equity indexes.Futures on...

DeFi User Loses $50M in Crypto Swap Gone Wrong

A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot...

Avalanche’s business chief says crypto must grow up and solve real problems

What he’s saying: Nahas told Sam Ewen on CoinDesk’s Gen C that Avalanche is a business tool, not a crypto product. He said companies...

Crypto Markets Hold Steady as Stocks Drop, Oil Spikes

BTC, ETH, and major altcoins are mostly unchanged over the past 24 hours.Crypto markets held their ground on Thursday while U.S. stocks dropped and...

JPMorgan sued over alleged $328M crypto Ponzi scheme tied to Goliath Ventures

JPMorgan Chase has been sued by investors in Goliath Ventures, with a proposed class action lawsuit alleging the bank ignored “red flags” that the...

Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund

In brief A trader swapping $50 million in USDT for AAVE received only 324 tokens after confirming a slippage warning. At AAVE’s current price of $111.52,...

MiCA rules may leave fewer but stronger crypto firms in Europe, SwissBorg says

The European Union’s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region’s digital-asset industry, creating new opportunities and barriers for...