Crypto exchange Kraken has launched trading of tokenized equity perpetual futures on its regulated derivatives platforms, allowing eligible non-US clients to trade 24/7 leveraged exposure to major US stock indexes, gold and individual companies including Nvidia, Apple and Tesla. According to Tuesday’s announcement, the contracts are structured as perpetual futures, derivatives that trade without expiry, … Read more
A major shareholder in Empery Digital has called on the company to abandon its Bitcoin-centric strategy, sell its digital asset holdings and return the proceeds to investors, along with demanding the resignation of the CEO and the entire board of directors. In a letter to the company’s board on Monday, Tice P. Brown, who is … Read more
Blockchain analytics company Nansen will establish a local entity and build a Bhutan-based team in Gelephu Mindfulness City (GMC), expanding into the kingdom as its Special Administrative Region advances its digital asset strategy. According to a joint announcement shared with Cointelegraph, Nansen plans to incorporate within GMC and develop on-the-ground analytics capabilities to provide blockchain … Read more
Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports. Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state publication Rossiyskaya Gazeta reported on Tuesday, citing the Federal Security Service (FSB). Kremlin spokesman Dmitry … Read more
Hong Kong-based stablecoin payments company RedotPay is reportedly weighing a US initial public offering (IPO) that could raise more than $1 billion and value the company at over $4 billion. The company is working with JPMorgan Chase, Goldman Sachs and Jefferies on a potential New York listing that may occur as early as this year, … Read more
Crypto venture firm Framework Ventures has partnered with mortgage services company Better to help it launch a $500 million plan to integrate with the decentralized finance protocol Sky, formerly MakerDAO. Better said on Monday that Framework would help it provide $500 million in credit to Sky’s stablecoin ecosystem, enabling it to launch tokens tied to … Read more
Taylor Lindman, the deputy general counsel at blockchain firm Chainlink Labs, has joined the Securities and Exchange Commission’s Crypto Task Force as its new chief counsel, filling a role left by now-CFTC chair Michael Selig. In an X post on Monday, Chainlink Labs announced Lindman’s departure after five years and confirmed his official appointment to … Read more
Spot Bitcoin exchange-traded funds (ETFs) are on track to post a fourth consecutive month of net outflows as Bitcoin (BTC) approaches a fifth negative monthly close in February. The slowdown is visible across the shrinking fund balances and the bearish rolling net flow data, especially when measured against competing asset ETFs. With Bitcoin price and … Read more
PayPal Holdings has reportedly attracted unsolicited takeover interest after a prolonged stock slump left the payments giant trading well below recent highs, signaling that competitors were looking to consolidate their footprint in the digital payments space. Citing people familiar with the matter, Bloomberg reported Monday that PayPal has been meeting with banks to review buyout … Read more
World Liberty Financial, the crypto company backed by US President Donald Trump and his sons, reported being targeted by hackers, “paid influencers,” and short sellers in an effort to “manufacture chaos” against the USD1 stablecoin. In a Monday X post, World Liberty said the attack, which happened earlier this morning, failed after hackers targeted “several … Read more