Kraken-Linked Firm Raises $345M IPO
KRAKacquisition Corp, linked to @krakenfx, raised $345M in its IPO and trades as KRAQU on Nasdaq, focusing on DeFi-TradFi convergence. #Update #Finance
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KRAKacquisition Corp, linked to @krakenfx, raised $345M in its IPO and trades as KRAQU on Nasdaq, focusing on DeFi-TradFi convergence. #Update #Finance
Brookings warns local opposition to AI data centers over resource use may hinder infrastructure growth, urging legally binding community agreements. #Update #AI
Moltbook, an AI-only social network, saw the spontaneous creation of Crustafarianism, a lobster-themed digital religion. The $MOLTBOOK token surged to a $77M market cap. #Update #Crypto
Vitalik Buterin withdraws $44.7M in ETH, declaring Ethereum Foundation’s “mild austerity” to focus on growth and utility. #Update #Crypto $ETH
DePIN tokens fall 99% from highs despite rising revenues, with $72M on-chain revenue in 2025. The sector explores financing models and AI use cases. Crypto
Former Google engineer Linwei Ding convicted of economic espionage for stealing AI secrets to aid China, faces up to 15 years per count. #Breaking #Legal
Google integrates Gemini 3 into Chrome, adding agentic browsing features amid security concerns. This move intensifies competition with @OpenAI, Anthropic, and Perplexity in the AI browser space. #Update #Tech
Reddit enforces trademark, forcing WallStreetBets founder Jaime Rogozinski to rename Miami conference amid legal threats. Event features speakers Jordan Belfort and Martin Shkreli. #Update #Legal
Amazon, Microsoft, and Nvidia are reportedly in talks to invest up to $60 billion in OpenAI as it prepares for a potential IPO. #Update #Tech
U.S. authorities finalized the forfeiture of over $400M in assets tied to Helix, a darknet Bitcoin mixer used for laundering illicit funds. #Breaking #Legal
Ethereum’s DAO Security Fund will redirect 75,000 ETH ($220M) from unresolved DAO contracts to bolster network security, governed by community-driven mechanisms. #Update #Crypto $ETH
SEC Chair Paul Atkins delays crypto innovation exemptions, citing ongoing discussions and congressional input, following Wall Street concerns on tokenized securities. #Update #Legal
Chinese authorities executed 11 Ming family members for crypto-related scams in Myanmar, marking a significant crackdown on transnational fraud networks causing $9 billion losses. #Breaking #Legal
Bybit plans to launch “My Bank” for fiat-crypto transfers in February, offering IBANs to users post-KYC. This follows a $1.4 billion hack linked to North Korean cybercriminals. #Update #Crypto