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Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO

Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO

The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

Anchorage Digital co-founder and CEO Nathan McCauley said there will be ‘increased neutrality’ from his firm on stablecoins.

Wall Street giants are triggering a massive fee war that could crush crypto exchange margins

Wall Street giants are triggering a massive fee war that could crush crypto exchange margins

Gate’s CBO argues that Bloomberg’s warning of a TradFi takeover is "oversimplified," noting that global exchanges evolved past fee-only models years ago.

Banking groups escalate fight over stablecoin yield ahead of Senate vote

Banking groups escalate fight over stablecoin yield ahead of Senate vote

The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.

Corpay taps BVNK to bring stablecoin wallets to corporate payments

Corpay taps BVNK to bring stablecoin wallets to corporate payments

Corpay will use stablecoin rails in its treasury operations to improve capital efficiency, reduce reliance on pre-funded accounts, and move funds across its global footprint.

Solana news (SOL): Biggest consensus overhaul in blockchain's history is live for testing

Solana news (SOL): Biggest consensus overhaul in blockchain's history is live for testing

The upgrade, known as Alpenglow, is live on a community test cluster, said Solana core developer Anza.

Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform

Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform

Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year., it acquired it for $1.25 billion.

Ethereum, BMNR news: Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

Ethereum, BMNR news: Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.

Strategy adds $535 million in bitcoin days after outlining potential sale scenarios

Strategy adds $535 million in bitcoin days after outlining potential sale scenarios

Last week's purchases were funded by sales of the company's common stock.

Ronin gaming sidechain gets ready to transition to Ethereum layer 2

Ronin gaming sidechain gets ready to transition to Ethereum layer 2

The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.

Strategy has already sold bitcoin before for tax loss harvesting in December 2022

Strategy has already sold bitcoin before for tax loss harvesting in December 2022

Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022.

Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak

Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak

Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly rewritten in April to remove delivery guarantees.

Circle’s Arc blockchain secures $222 million in token presale led by Wall Street giants

Circle’s Arc blockchain secures $222 million in token presale led by Wall Street giants

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

Bitcoin volatility returns as CME gap trading collides with Iran risk

Bitcoin volatility returns as CME gap trading collides with Iran risk

BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.

Canton Network’s Digital Asset targets $2 billion valuation in raise led by a16z crypto: Bloomberg

Canton Network’s Digital Asset targets $2 billion valuation in raise led by a16z crypto: Bloomberg

Sources familiar with the matter told the news outlet the fundraiser is expected to close in the coming weeks and that the final amount might vary.

MARA’s AI expansion takes center stage ahead of Q1 earnings

MARA’s AI expansion takes center stage ahead of Q1 earnings

Investors look beyond bitcoin volatility towards long term AI infrastructure and data center revenue opportunities.

Bitcoin, Nasdaq investors are celebrating, while U.S. consumers turn gloomy.

Bitcoin, Nasdaq investors are celebrating, while U.S. consumers turn gloomy.

Here's what the widening Wall Street–Main Street divide is telling us about the state of the economy.

Crypto Week Ahead

Crypto Week Ahead

Your look at what's coming in the week starting May 11.

Bitcoin (BTC) mining pools with 75% of hashrate back open standard for block construction

Bitcoin (BTC) mining pools with 75% of hashrate back open standard for block construction

Foundry, AntPool, F2Pool, SpiderPool, and MARA Pool are among seven pools joining the Stratum V2 working group, putting nearly three-quarters of global bitcoin hashrate behind a protocol that returns block construction decisions to individual miners.

Ripple-linked XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45

Ripple-linked XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45

Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs.

A bitcoin whale that went silent in 2013 moves $40 million in BTC

A bitcoin whale that went silent in 2013 moves $40 million in BTC

A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain. here's is what it means for BTC.

Agentic commerce will run on crypto rails, PayPal and Google reps tell Consensus Miami

Agentic commerce will run on crypto rails, PayPal and Google reps tell Consensus Miami

Senior figures from PayPal and Google Cloud said open payment protocols, machine-readable merchant catalogs and multi-party crypto custody are needed to scale agentic commerce.