Kraken Secures $100M Funding Ahead of IPO
.@krakenfx is in final talks to raise $100M before its IPO, despite ongoing legal battles with the SEC. This move may boost its valuation and market position. #CryptoNews #Updates
Crypto Exchange
Visa and Mastercard Rejoin Binance Partnership
Visa and Mastercard have resumed partnerships with @Binance, allowing users to deposit and buy crypto. The move includes SEPA services for European users. #Crypto #FinanceNews
Robinhood Acquires Bitstamp for $200 Million
Robinhood plans to buy global crypto exchange Bitstamp for $200M, aiming to close by mid-2025. This strategic move will expand Robinhood’s crypto market reach and attract institutional investors. #Crypto #Updates
Sealana Secures $3M, Prepares for Exchange Listings
? Sealana ($SEAL) raised $3M in its presale and is prepping for exchange launch. With over 20K engaged followers, analysts predict up to 100x returns. #Crypto #Memecoins
Bybit Now Accepts Chinese Client Registrations
Bybit has started KYC verification for users in China, despite Mainland China still being listed as restricted. This move raises compliance questions. #Crypto #Bybit
Coinbase Launches Smart Wallet Innovation
Coinbase launches Smart Wallet with FaceID, Google logins, and gasless transactions via Paymaster. Supports Ethereum, Polygon, BNB, and more. #Crypto #Updates @Coinbase
Kraken Adds New Meme Coins BODEN and TREMP
Kraken Pro lists meme coins Joe Boden (BODEN) and Donald Tremp (TREMP), marking the first US exchange to offer PoliFi assets. BODEN surged 36.5%, TREMP market cap hits $140M. #CryptoNews #Updates
Bitcoin Exchange Raises $320M to Repay Hack Victims
Japanese crypto exchange @DMM_Bitcoin to raise $320M to refund victims of recent hack. Over 4,500 BTC lost. Compliance with regulations ensures full refunds. #CryptoNews #Bitcoin
DMM Bitcoin Exchange Announces Hack Compensation Plan
Japanese exchange @DMMBitcoin lost 4502.9 BTC ($320M) in a hack. To compensate users, DMM Bitcoin plans to buy the same amount from parent company @DMM_com by June 10, 2024. #CryptoNews #Bitcoin
Binance Listing Mid, Low Cap Coins: Top 3 Tokens
Binance to list mid and low-cap coins, boosting altcoins like $KAS, $HNT, and $RBLK. Rollblock advances in presale; Kaspa surges 860% in a year. #CryptoNews
Tether Invests $18M in Cross-Border Exchange XREX
Cross-border payments startup XREX secures $18.75M from @Tether_to to boost USDT payments in emerging markets and launch XAU1, a gold-backed stablecoin. #Crypto #Fintech #Updates
Biden Urged to Help Binance Exec in Nigerian Jail
U.S. lawmakers urge President Biden to intervene as Binance executive Tigran Gambaryan faces dire conditions in Nigeria’s Kuje Prison. Held for over 3 months, Gambaryan, tested positive for malaria, requires immediate medical care. #Crypto #Updates
FTX Settles $24B IRS Tax Dispute
FTX settles $24B tax claim with IRS for $885M in bankruptcy case. $200M in priority claims due within 60 days; remaining $685M paid as funds are available. #TaxNews #FTX
Coinbase Invests $25M in Pro-Crypto Politicians
Coinbase invests $25M in Fairshake Super PAC to support pro-crypto politicians, boosting its budget to $160M. Major contributors include @Ripple, @circlepay, @krakenfx. #CryptoNews #Updates