Kraken Eyes $1.5 Billion Deal to Acquire Futures Platform NinjaTrader
Kraken, a top cryptocurrency exchange, is reportedly in advanced talks to acquire NinjaTrader, a US futures trading platform. The sources indicate that the value of the deal is around $1.5 billion. Source: https://globalsanctions.com/2022/11/ofac-reaches-settlement-with-crypto-exchange-kraken-over-iran-sanctions-violations/ Neither of the firms has made the […] The post Kraken Eyes $1.5 Billion Deal to...
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Coinbase Holds 11.42% of Staked ETH with 120,000 Validators
Coinbase has released its first Ethereum Validator Performance Report, providing a detailed breakdown of its staking operations. It shows that the platform operates 120,000 validators, with 3.84 million ETH staked to them, representing 11.42% of the total staked supply. An additional 581,500 ETH is also staked through its partners....
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Bybit: 89% of stolen $1.4B crypto still traceable post-hack
The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds. The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked...
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RedStone denies rumors of partnering with Web3Port and Whisper
The modular DeFi oracle RedStone has denied circulating rumors of partnering with web3 acceleration platform Web3Port and market maker Whisper. RedStone (RED) has dispelled false rumors of partnering with Web3Port and Whisper, stating that neither of these entities have influence…...
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Former SoftBank dealmaker joins crypto trading platform Bakkt as co-CEO
Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling…...
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Bitcoin Nears $86K as Trump Calls for Rate Cuts, XRP Gets U.S. Futures After SEC Resolution
Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact...
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Australian Federal Police warn of Binance impersonation scam targeting locals
The Australian Federal Police have kicked off an investigation into a major crypto scam where fraudsters posed as Binance representatives to defraud locals. In a joint statement, the AFP, National Anti-Scam Centre, and Binance Australia revealed that the scam was…...
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Gotbit founder agrees to forfeit $23m in exchange for no prison time in plea deal
Gotbit founder Aleksei Andriunin’s plea agreement would require him to forfeit around $23 million in stablecoins. If approved, he could avoid prison time and additional fines. Andruinin and the U.S. Attorney for the District of Massachusetts have reached a plea…...
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Bitcoin Traders Seek Topside Option Plays After Powell’s Transitory Inflation Remark, Ether Still Lags in Sentiment
Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve’s (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC’s short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or...
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XDC breaks out of multi-week downtrend amid ecosystem developments
After a week of consolidation, XDC made a strong move upward, fueled by new partnerships designed to boost adoption. According to data from Crypto.news, XDC Network (XDC) surged 10% to hit an intraday high of $0.072 on March 20 during…...
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