Kraken Acquires CFTC-Licensed Exchange in a $100M Deal

Crypto exchange Kraken has announced the acquisition of Small Exchange, a US Commodity Futures Trading Commission (CFTC)-licensed Designated Contract Market (DCM), from IG Group for $100 million. The acquisition expands Kraken’s growing global infrastructure, which now includes regulated derivatives venues in the UK, European Union, and the US. Its...
Read More

Ripple (XRP) News Today: October 16

Despite the overall market uncertainty in the past week or so, the Brad Garlinghouse-spearheaded company made the headlines with a few big partnerships. Ripple’s New Endeavors As CryptoPotato reported earlier this week, Ripple has tapped Immunefi to boost institutional adoption of its XRP Ledger network. The strategic collaboration between...
Read More

October 10 Crash Exaggerated? Real Crypto Losses Just $2.31B (Analyst)

Last week’s market downturn has been widely labeled as the worst ever in the history of crypto, with multiple media reports citing a staggering $19 billion wiped from leveraged positions. But new on-chain analysis is challenging this story, showing that the real losses for traders were much lower than...
Read More

With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

Quick Facts: 1⃣ The crypto market is still trying to recover from the massive losses over the weekend, where $19B in leveraged positions were liquidated. 2⃣ However, there are still reasons to be optimistic, as some token presales continue to pump, such as Bitcoin Hyper. 3⃣ Bitcoin Hyper has...
Read More