Bitcoin: Nubank Appoints Ex-Coinbase Crypto Lead
Brazil’s Nubank appointed ex-Coinbase director Michael Rihani as Head of Crypto, enhancing its digital asset services. Nubank holds a $75 billion market cap. #Update #Crypto
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Kraken Secures $500M Funding at $15B Valuation
@Kraken has raised $500 million at a $15 billion valuation, indicating potential IPO readiness, as it processes $1.9 billion in daily trading volume. #Update #Crypto $USDC
Kraken Secures $500M Funding Boost
@Kraken has secured a $500M funding round, raising its valuation to $15B. The IPO is postponed to 2026 as it expands through acquisitions like NinjaTrader, adding over 2M users. #Update #Crypto $BTC
Kraken Secures $500M Funding Boost
@Kraken closed a $500M funding round, valuing the exchange at $15B, paving the way for a 2026 IPO amid executive turnover. #Update #Crypto $BTC $ETH
Kraken Secures $500M Eyes 2026 IPO
Kraken completed a $500M funding round at a $15B valuation, planning a 2026 IPO. The round had no lead investor and included Tribe Capital’s Arjun Sethi. #Update #Crypto
Binance Launches Annual Blockchain 100 Award
The Philippines has launched Integrity Chain, a blockchain platform aimed at enhancing government spending transparency amid anti-corruption protests by digitizing public contracts with tamper-proof records. #Update #Crypto
KuCoin Faces $14M Canadian Money Laundering Dispute
@KuCoin is appealing a $19M penalty from Canada’s FINTRAC for failing to register as a money-services business and not reporting suspicious transactions. The case involves serious violations from 2021-2024. #Breaking #Legal $USDT
Binance Launches KRW Stablecoin in Korea
SUI blockchain and t’order are launching a KRW stablecoin for seamless, low-cost payments in Korea, targeting small businesses to save $100M annually. #Update #Stablecoin $SUI
Upbit Stock Swap Boosts Stablecoin Market
South Korea’s @Naver is negotiating a share swap with Upbit operator Dunamu, exploring stablecoin projects; no terms finalized yet. Naver shares rose 11.4%. #Update #Crypto
Upbit Control Secured by Naver Financial
Naver Financial is set to acquire full control of Dunamu, operator of Upbit, via a share-swap deal, enhancing its position in South Korea’s digital finance sector. #Update #Crypto
Coinbase Launches x402 AI Payment Standard
@Coinbase and @Cloudflare are launching the x402 Foundation to advance a new AI payment standard, aiming to transform digital transactions. #Update #Tech
FTT Token Surges as FTX Repays $1.6B
Sam Bankman-Fried’s recent social media post led to a 24% surge in FTX’s $FTT token, trading around $1.014, amid increased trading activity, despite backlash from the crypto community. #Update #Crypto $FTT
BNB Chain Cuts Fees Amid On-Chain Exchange Wars
BNB Chain validators propose reducing the minimum gas price to 0.05 Gwei and block intervals to 450 ms, aiming for $0.005 transaction costs amid rising trading activity on decentralized exchange Aster. $BNB #Update #Crypto
Binance Powers BENJI Expansion on BNB Chain
Franklin Templeton’s tokenization platform expands to BNB Chain, enhancing asset availability; $BNB hits an all-time high of $1,079. #Update #Crypto $BNB