Finance - BE UPDATED

Kraken Sheds ‘Hundreds’ of Jobs to Streamline Business Ahead of IPO, Sources Say

By admin April 17, 2025FinanceNo Comments

Crypto exchange giant Kraken has laid off hundreds of staffers across all areas of the business over the past several months, as the firm continues to streamline its operations ahead…

Trump blasts ‘too late’ Powell for not cutting interest rates

By admin April 17, 2025FinanceNo Comments

US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks…

Ripple Acquisition Target Hidden Road Gains U.S. Broker-Dealer License by FINRA

By admin April 17, 2025FinanceNo Comments

Hidden Road, the prime brokerage firm that's being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the company said…

Kyrgyzstan President Brings CBDC a Step Closer to Reality

By admin April 17, 2025FinanceNo Comments

Kyrgyzstan President Sadyr Japarov took his country a step closer to issuing its own central bank digital currency Thursday, signing legislation that gives the "digital som" legal status.The central Asian…

Wyoming commission floats whether stablecoin is ‘covered’ by SEC rules

By admin April 17, 2025FinanceNo Comments

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines…

Huaxia to add staking to Ether ETF, Hong Kong’s second of its kind

By admin April 17, 2025FinanceNo Comments

Huaxia Fund is set to launch staking services on its Ether exchange-traded fund (ETF), making it the second in Hong Kong. OSL Digital Services (OSL) will provide custody and staking…

When gold price hits new highs, history shows ‘Bitcoin follows’ within 150 days — Analyst

By admin April 17, 2025FinanceNo Comments

The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison. Source: Cointelegraph/TradingViewIn 2017,…

Panama City Greenlights Bitcoin (BTC), Ether (ETH) Payments for Tax and City Services

By admin April 17, 2025FinanceNo Comments

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…

LayerZero’s ZRO Price Jumps 10% as VC Firm Andreessen Horowitz (a16z) Buys $55M Tokens

By admin April 17, 2025FinanceNo Comments

Interoperability protocol LayerZero's native token (ZRO) surged Thursday on news that venture capital firm Andreessen Horowitz's (a16z) crypto arm increased its investment in the project.The company acquired additional $55 million…

Digital Currency Group CEO Barry Silbert says he should have just held BTC

By admin April 17, 2025FinanceNo Comments

Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.During…