Kraken has reported a significant financial performance for 2024, with revenue surging to $1.5 billion, a 128% increase from the previous year. The company also recorded $380 million in adjusted EBITDA, reflecting its strong market position and operational efficiency....
The cryptocurrency options market is showing signs of recovery after a sharp sell-off earlier this week, according to the latest report from Bybit and Block Scholes. The downturn, triggered by DeepSeek’s LLM announcement, caused significant declines across major indices...
Solana-based memecoin platform Pump.fun is facing a class-action lawsuit in a New York federal court, accusing it of issuing unregistered securities and generating nearly $500 million in fees. The lawsuit, filed on January 30 by Diego Aguilar, claims that...
Two wallet addresses linked to Ross Ulbricht, the creator of the Silk Road marketplace, recently lost approximately $12 million worth of meme coins due to pricing errors, according to blockchain analytics platform Arkham. The affected wallets are associated with...
Coinbase is set to expand its derivatives offerings with the introduction of Solana futures contracts on its subsidiary platform, Coinbase Derivatives. According to a filing with the U.S. Commodity Futures Trading Commission (CFTC) on January 30, the Solana futures...
Elliott Management has warned that the U.S. government's new support and push for cryptocurrencies is fueling a speculative bubble that could end in financial havoc. In an investor letter seen by the Financial Times, the $70 billion hedge fund...
Chainalysis reported that nearly 5% of all tokens launched showed patterns similar to pump-and-dump schemes In 2024. The firm revealed that over 3 million tokens were introduced, with over 1.3 million (over 40%) listed on decentralized exchanges. However, only...
Indonesian crypto exchange TRIV has launched a new feature allowing traders to engage in crypto futures trading. This feature, called TRIV Crypto Futures, provides traders with access to perpetual contracts on major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and...
Steve Kurz, Global Head of Asset Management at Galaxy Digital, has painted an optimistic picture for Bitcoin and the broader cryptocurrency market, declaring that the U.S. government’s crackdown on crypto is “officially over.” On CNBC’s Fast Money, Kurz discussed...
Grayscale Investments is expanding its suite of crypto-related financial products with the launch of its new fund targeting the crypto-mining sector. The new fund called the Bitcoin Miners ETF ($MNRS), according to the asset manager, will provide investors a...
