Payward, the parent company of crypto exchange Kraken, said 2025 adjusted revenue grew 33% as transaction volume rose 34% to $2 trillion. Trade-based revenue accounted for 47% of the $2.2 billion total, the company said in a blog post, with the rest coming from non-trade sources such as custody, payments and financing. Adjusted earnings before […]
Kraken’s parent company, Payward, says revenue will grow 33% by 2025 Read More »
TeraWulf ( WULF ) rose 11% in pre-market trading on Tuesday following news that the firm bought two power-heavy industrial facilities, more than doubling its energy and computing footprint to 2.8 gigawatts (GW). The sites — one in Hawesville, Kentucky and the other in Morgantown, Maryland — add 1.5 gigawatts of capacity, the company said
WULF increases by 11% after increasing power capacity Read More »
Ether’s weekend slide at the end of February revived a familiar question: is the Ethereum network falling behind newer competitors or struggling to justify its valuation? As ETH fell by as much as 17% along with most crypto, skeptics wondered if this was a warning sign that the protocol’s dominance may be eroding. But inside
builders pull back from ETH drop as network activity holds steady Read More »
As February begins, Strategy (MSTR), the world’s largest publicly traded holder of bitcoin BTC$78,267.21is already down 7% and on course for an eighth straight monthly decline. The stock, currently trading near $141, is down about 75% from its November 2024 all-time high of around $540. The majority of the decline has occurred since July, with
Strategy ( MSTR ) shares slide toward eighth straight monthly decline Read More »
Despite broad market weakness and waves of forced liquidations across crypto, DeFi’s total value locked (TVL) has proven surprisingly resilient – a signal that traders are still trying to generate returns despite bearish sentiment flooding the crypto market. Over the past week, crypto majors BTC, ETH, XRP and SOL fell to year lows, with ETH
DeFi TVL Holds Up Despite Crypto Selloff As Dividend Seekers Remain Quiet Read More »
Stani Kulechov, the founder of decentralized lending platform Aave, bought a five-story mansion worth 22 million pounds ($30 million) in London’s exclusive Notting Hill area, according to a report by Bloomberg. The developer bought the luxury property in November for about 2 million pounds less than the asking price, Bloomberg reported, citing brokers involved in
Aave founder Stani Kulechov buys $30 million mansion in London’s Notting Hill: Bloomberg Read More »
Investors poured money into the US-listed bitcoin BTC$78,139.76 ETFs on Monday, proving that Wall Street still loves the cryptocurrency despite the recent price turmoil. The 11 ETFs registered a combined net inflow of $561.8 million, the biggest single-day buying since Jan. 14, according to data source Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s
US BTC ETFs register biggest inflows since January 14 as AUM remains near peak levels Read More »
President Trump’s Fed nominee Kevin Warsh could cut interest rates hard and fast, an economist who correctly called Japan’s fiscal policy issues said Tuesday, belying fears of slower so-called liquidity easing under the incoming chair. Robin Brooks, senior fellow in the Global Economy and Development program at the Brookings Institution, forecasts 100 basis points of
Crypto billionaire Justin Sun says crypto’s next breakout could come from artificial intelligence (AI), writing on Tuesday the X that he’s all-in on AI, but the industry has yet to produce a product that resonates with consumers. In an interview with CoinDesk ahead of Consensus Hong Kong 2026, the Tron founder argued that most AI-linked
Crypto’s AI push stalls without a ‘ChatGPT moment’, says Justin Sun Read More »
Billiton Diamond and tokenization firm Ctrl Alt said on Tuesday they had moved more than $280 million of certified polished diamonds on-chain in the UAE, using Ripple’s escrow technology to secure the assets and the XRP Ledger to mint tokens tied to physical inventory. The initiative — framed as an institutional-grade tokenization pipeline for polished
Custody service moves $280 million tokenized diamonds on XRP Ledger Read More »
