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Kraken has launched the Krak Card, a Bitcoin rewards debit card on the Mastercard network, offering 1% cash back in Bitcoin or fiat for EU and UK users. It integrates with the Krak app, supporting over 400 assets for seamless global payments without monthly fees. The Krak Card provides 1% cash back on every purchase, […]
Russia’s crude exports have fallen to 3.25 million barrels per day in the four weeks ending November 23, down 110,000 barrels daily from the prior period due to U.S. sanctions and Ukrainian strikes on ports, according to Bloomberg data. This decline pressures Russia’s oil revenue amid ongoing geopolitical tensions. Russia’s crude exports dropped 530,000 barrels […]
Solana and XRP ETFs are attracting significant inflows amid a crypto market downturn, with over $600 million and $800 million in net assets respectively, signaling institutional accumulation of discounted assets through regulated channels. Solana ETF records steady $50-70 million daily inflows despite SOL trading near $139. XRP ETF debuts with $250 million on day one, […]
Nvidia firmly defended its dominance in the AI chip market on Tuesday, stating that its technology remains a full generation ahead of competitors like Google’s TPUs. Despite concerns over Google’s custom chips and potential adoption by Meta, Nvidia emphasized its versatile Blackwell platform’s superiority in performance and flexibility, continuing to supply Google while controlling over […]
Paxos has acquired Fordefi, a New York-based institutional crypto wallet startup, in a deal valued over $100 million. This move integrates Fordefi’s multi-party computation wallet technology with Paxos’ regulated custody and tokenization services, enhancing institutional access to stablecoins, asset tokenization, and onchain operations. Paxos strengthens its blockchain infrastructure by incorporating Fordefi’s MPC wallet for secure […]
Valereum Plc’s $200 million funding deal provides investment-grade asset-backed financing to bolster its digital asset infrastructure and pursue a NASDAQ/NYSE listing in H1 2026. The partnership with Valereum QGP-SP includes an option for up to 49.9% equity acquisition, generating $10.5 million annually at a 5.25% coupon rate while enhancing liquidity and growth. Funding Structure: $200 […]
Cardano’s minority chain recovery involved self-healing from a node bug that created a malformed transaction, allowing the network to remove the issue while preserving most blockchain history and demonstrating robust resilience in decentralized systems. Cardano network self-healed by upgrading nodes and shifting stake to the correct minority fork, avoiding data loss. The incident affected 60-70% […]
Tesla’s sales in Europe plummeted 48.5% in October 2025 to 6,964 units, marking the 10th consecutive monthly decline, according to the European Automobile Manufacturers’ Association (ACEA). While the overall EV market grew 32.9%, Tesla’s market share fell to 1.6% from 2.4% last year, amid rising competition from Chinese brands. Tesla Europe sales decline: 48.5% drop […]
VanEck has filed an S-1 application with the SEC to launch the first spot BNB ETF in the US, ticker VBNB on Nasdaq. This fund will hold actual BNB tokens, providing direct exposure to the fifth-largest cryptocurrency by market cap without staking rewards initially, targeting institutional and retail investors. VanEck’s spot BNB ETF application marks […]